Document:

Securities Purchase Agreement between Hexion LLC and Jeffrey M. Nodland

 Exhibit 10.36 
 SECURITIES PURCHASE AGREEMENT dated as of September 7, 2006 (the “Agreement”), between HEXION LLC, a Delaware limited liability company (the “Buyer”), and
JEFFREY M. NODLAND, an individual with his principal place of residence at 66 West Bracebridge Circle, The Woodlands, Montgomery, TX 77382 (the “Seller”). 
 WHEREAS, the Seller currently holds, among other interests, vested options (the “Options”) to acquire 85,599.74 equity units of
the Buyer (“Units”), and the Seller and the Buyer desire that such Options shall be repurchased and terminated upon the terms and conditions specified herein. 
 NOW, THEREFORE, in consideration of the mutual representations, warranties, covenants and agreements contained herein, the receipt and sufficiency
of which are hereby acknowledged, the parties hereby agree as follows: 
 Section 1. Repurchase and Termination of
Options. 
 The Seller currently holds the Options free and clear of all liens (statutory or otherwise), pledges, mortgages, deeds of
trust, security interests, charges, options, rights of first refusal, transfer restrictions or encumbrances (collectively, “Liens”). All of the Options are hereby terminated. Except as provided in the next sentence, the Seller shall
have no further right with respect to the Options (including any right under or pursuant to any written agreement evidencing one or more of such Options or with respect to the termination of such Options). In consideration of such termination, the
Buyer shall, on the terms and subject to the conditions of this Agreement, at the Closing pay to the Seller $1,199,252.41 (the “Consideration”), subject to required tax withholding (such tax withholding amount estimated to be
approximately $317,203). 
 Section 2. Manner of Payment; Conditions to Closing; Closing. 
 2.1 At the Closing, the Buyer shall pay or cause to be paid to the Seller the Consideration, subject to required tax withholding, by bank check or
in immediately available United States funds to an account designated by the Seller at, or prior to, the Closing. 
 2.2 The
obligations of the Seller to consummate the transactions contemplated by this Agreement are subject to the prior satisfaction or waiver of the following conditions: 
 a. All of the representations and warranties of the Buyer set forth in this Agreement shall be true and correct in all respects.

 b. The Buyer shall have performed all of its obligations required to be performed at or prior to the Closing pursuant to
this Agreement. 
 2.3 The obligations of the Buyer to consummate the transactions contemplated by this Agreement are subject to the
prior satisfaction or waiver of the following conditions: 
 a. All of the representations and warranties of the Seller set
forth in this Agreement shall be true and correct in all respects. 

 b. The Seller shall have performed all of his obligations required to be performed at or
prior to the Closing pursuant to this Agreement. 
 c. The Seller shall have entered into a definitive separation agreement
with Hexion Specialty Chemicals, Inc, a New Jersey corporation (“INC”), on terms acceptable to the Buyer, and shall be in compliance with all terms of the separation agreement. 
 d. The transactions contemplated by this Agreement (including the repurchase and termination of the Options and the payment of the
Consideration) shall be permitted under the financing documents to which the Buyer and/or INC is a party. 
 2.4 The closing
(“Closing”) of the transactions contemplated by this Agreement shall take place at the offices of O’Melveny & Myers LLP, Times Square Tower, 7 Times Square, New York, New York 10036 on
September     , 2006 (or at such other place and date as the parties may agree). The date on which the Closing occurs shall be referred to as the “Closing Date.” 
 Section 3. Representations and Warranties. 
 3.1 As a material inducement to the Buyer to enter into and perform its obligations under this Agreement, the Seller represents and warrants to the Buyer, as of the date hereof and as of the Closing, as
follows: 
 a. The Seller has the power and authority to enter into this Agreement, to transfer the Options and to consummate
the transactions contemplated hereby. 
 b. The Seller is the true and lawful owner of the Options and has lawful authority to
sell and transfer the same, and the Options are free and clear of all Liens whatsoever. 
 c. This Agreement constitutes the
valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms. 
 d. The Seller is a
sophisticated investor and has appropriate knowledge and experience to evaluate and negotiate the transactions contemplated hereby. 
 e. The Seller has had the opportunity to consult with such advisors as he deems adequate and appropriate to evaluate and negotiate the transactions contemplated hereby. 
 f. The Seller has independently and without reliance upon the Buyer or its affiliates and based on such information as the Seller and his
advisors have deemed adequate and appropriate made its own analysis and decision to enter into this Agreement. The Seller has had the opportunity to review such information with his advisors. 
  

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 g. The Seller acknowledges and agrees that (i) the Buyer and its affiliates, and
other related parties, may now possess and may hereafter possess certain non-public information (“Non-Public Information”) concerning the Buyer and INC and their respective affiliates and/or the Options that may or may not be
independently known to the Seller; and (ii) the Seller has entered into this Agreement and agrees to consummate the transactions contemplated hereby notwithstanding that he is aware that Non-Public Information may exist and that it may not have
been disclosed by the Buyer to him, and confirms and acknowledges that neither the existence of any Non-Public Information, nor the substance of it, is material to him or to his determination to enter into this Agreement and to consummate the
transactions contemplated hereby. 
 h. The Seller acknowledges and agrees that the Buyer has not made and does not make any
representation or warranty, whether express or implied, of any kind or character except as expressly set forth in this Agreement and the Buyer has no obligations to the Seller, whether express or implied, including fiduciary obligations, except as
expressly set forth in this Agreement. 
 3.2 As a material inducement to the Seller to enter into and perform its obligations under
this Agreement, the Buyer represents and warrants to the Seller, as of the date hereof and as of the Closing, as follows: 
 a. The Buyer has the limited liability company power and authority to enter into this Agreement, to purchase and to terminate or to cause the termination of (as the case may be) the Options and to consummate the transactions contemplated
hereby. 
 b. The execution, delivery and performance of this Agreement, the repurchase and termination of the Options and the
consummation of the transactions contemplated hereby (except with respect to any obligation of INC) have been approved by all necessary limited liability company action on the part of the Buyer and, with respect to any obligation of INC, all
necessary corporate action on the part of INC, the Buyer’s wholly-owned subsidiary. 
 c. This Agreement constitutes the
valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms. 
 Section 4.
Taxes. 
 Except for the Buyer’s right to withhold taxes with respect to the consideration paid for the termination of the
Options, the Seller solely shall be responsible for any taxes due as a result of the transactions contemplated by this Agreement. The Seller will defend and indemnify INC and the Buyer and each of their respective affiliates from and against
(i) any tax liability that any of them may have as a result of the transactions contemplated by this Agreement arising out of the Seller’s failure to pay any taxes due with respect to any such transactions and (ii) any and all losses
or liabilities, including defense costs, arising out of the Seller’s failure to pay any taxes due with respect to any such transactions. 
  

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 Section 5. Remaining Units. 
 The Seller acknowledges and agrees that any Units and any shares of INC that he owns following the Closing will remain, in all respects, subject to the
terms of all agreements he has with INC and/or the Buyer or any of their respective affiliates, including that certain amended and restated investor rights agreement dated as of May 31, 2005 by and among INC, the Buyer, the Seller and the other
parties thereto. 
 Section 6. Release. 
 The Seller does from and after the Closing release forever and discharge each of the Buyer and INC and each of their respective affiliates, directors, officers, employees, agents, and advisors (“Buyer
Affiliated Releasees”), of and from any and all claims, demands, causes of action, damages and liabilities of any kind or nature whatsoever that related to or arise out of any dealings, relationships or transactions by and between the
Seller, on one hand, and any Buyer Affiliated Releasee, on the other hand, insofar as such relates to the Buyer, INC and/or the Options or any of the transactions contemplated by this Agreement, in law or in equity, which against any Buyer
Affiliated Releasee Seller has ever had, now has or which it hereafter can, shall or may have, whether or not known, from the beginning of the world to the Closing Date. 
 Section 7. Advice of Counsel. 
 In entering this Agreement, the parties represent that
they have relied upon the advice of their attorneys, who are attorneys of their own choice, and that the terms of this Agreement have been completely read and explained to them by their attorneys, and that those terms are fully understood and
voluntarily accepted by them. 
 Section 8. Governing Law. 
 THE DOMESTIC LAW, WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES, OF THE STATE OF NEW YORK WILL GOVERN ALL QUESTIONS CONCERNING THE CONSTRUCTION,
VALIDITY AND INTERPRETATION OF THIS AGREEMENT AND THE PERFORMANCE OF THE OBLIGATIONS IMPOSED BY THIS AGREEMENT. 
 Section 9.
Mutual Waiver of Jury Trial. 
 THE PARTIES HERETO HEREBY IRREVOCABLY WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING
OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY DOCUMENTS RELATED HERETO. 
 Section 10.
Miscellaneous. 
 10.1 All notices, requests, demands and other communications hereunder must be in writing and shall be
deemed to have been duly given if delivered by hand or mailed within the continental United States by first class, certified mail, return receipt requested, postage and registry fees prepaid, or by comparable overnight delivery service to the
applicable party and addressed as follows: 
 To the Buyer: 
 Hexion LLC 
 c/o Apollo Management V, L.P. 
 9 West 57th Street, 43rd Floor 
 New York, NY 10019 
 Fax: (212) 515-3263 
 Attention: Jordan Zaken 
  

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 With a copy (which shall not constitute notice) to: 
 William B. Kuesel, Esq. and Taurie M. Zeitzer, Esq. 
 O’Melveny & Myers LLP 
 Times Square Tower 
 7 Times Square 
 New York, NY 10036 
 Fax: (212) 326-2061 
 To the Seller: 
 Jeffrey M. Nodland 
 66 West Bracebridge Circle 
 The Woodlands 
 Montgomery, TX 77382 
 Notice
of any change of address shall be given as set forth above. 
 10.2 This Agreement (i) constitutes the entire agreement and
supersedes all prior agreements and understandings, both written and oral, among the parties with respect to the subject matter hereof, and (ii) except as set forth in Section 4 and Section 6 is not intended to confer upon any person
other than the parties hereto any rights or remedies hereunder, provided, however, that INC is a third party beneficiary of Seller’s representations, covenants and agreements set forth in this Agreement. This Agreement may be
amended only by an instrument in writing signed by the Seller and the Buyer. 
 10.3 It is the desire and intent of the parties that
the provisions of this Agreement be enforced to the fullest extent permissible under the law and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, in the event that any provision of this Agreement would be
held in any jurisdiction to be invalid, prohibited or unenforceable for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Agreement or affecting the validity or
enforceability of such 

  

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provision in any other jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly drawn so as not to be invalid, prohibited or
unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction.

 10.4 This Agreement may not be assigned by the Seller without the prior written consent of the Buyer. Any attempted assignment
without such consent shall be void. The Buyer may, without the prior written consent of the Seller, assign any or all of its rights and interests hereunder. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto
and their respective heirs, executors, administrators, successors and permitted assigns, as applicable. 
 10.5 The headings of the
sections of this Agreement are inserted as a matter of convenience and for reference only and in no way define, limit or describe the scope of this Agreement or the meaning of any provision of this Agreement. 
 10.6 All parties agree to cooperate fully and to execute any and all supplementary documents and to take all additional actions that may be
necessary or appropriate to give full force to the basic terms and intent of this Agreement and which are not inconsistent with its terms. 
 10.7 Each party has cooperated in the drafting and preparation of this Agreement. Hence, in any construction to be made of this Agreement, the same shall not be construed against any party on the basis that the party was the drafter.

 10.8 If, and as often as, there are any changes in any Units or Options by way of stock split, stock dividend, combination or
reclassification, or through merger, consolidation, reorganization or recapitalization, or by any other means, appropriate adjustment shall be made in the provisions of this Agreement (including appropriate adjustments to all per-Unit and per-Option
amounts), as may be determined by the Buyer in good faith, so that the rights, privileges, duties and obligations hereunder shall continue with respect to the Options as so changed. 
 10.9 This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument. Facsimile counterpart signatures to this Agreement shall be acceptable and binding. 
 10.10
The words “hereof,” “herein,” and “hereunder” and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole and not to any particular provision of this Agreement. 
 10.11 Whenever the words “included,” “includes” or “including” are used in this Agreement, they shall be deemed to
be followed by the words “without limitation.” 
 10.12 Terms defined in the singular shall have a comparable meaning when
used in the plural, and vice versa. 
  

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 10.13 Whenever the context may require, any pronouns used herein shall indicate the corresponding
masculine, feminine or neuter forms, and the singular form of nouns and pronouns shall include the plural and vice-versa. 
 * * * * *

  

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 IN WITNESS WHEREOF, each of the undersigned has caused this Agreement to be executed on its behalf
as of the date first above written. 
  

			
	 HEXION LLC

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 JEFFREY M. NODLAND

		
	By:	 	  

		 	Jeffrey M. NodlandSecond Amended and Restated Agreement

 Exhibit 10.45 
 Dated effective November 1, 2004 
 SHELL CHEMICAL L.P. 
 and 
 RESOLUTION PERFORMANCE PRODUCTS LLC

 SECOND AMENDED AND RESTATED 
 NORCO SITE SERVICES, UTILITIES, 
 MATERIALS AND FACILITIES 
 AGREEMENT 

 TABLE OF CONTENTS 
  

			
	 	  	Page
	 ARTICLE 1 DEFINITIONS
	  	2
		
	 ARTICLE 2 INTERPRETATIONS
	  	9
		
	 ARTICLE 3 OBJECT AND SCOPE
	  	10
		
	 ARTICLE 4 SUMF CHARGES
	  	12
		
	 ARTICLE 5 SUMF CHARGES WITH REFERENCE TO COST
	  	12
		
	 ARTICLE 6 PAYMENT TERMS
	  	15
		
	 ARTICLE 7 ANNUAL FORECAST, ANNUAL PLAN & BUDGET AND CURTAILMENT
	  	16
		
	 ARTICLE 8 LIABILITY/INDEMNIFICATION
	  	17
		
	 ARTICLE 9 TERM AND TERMINATION
	  	23
		
	 ARTICLE 10 INTELLECTUAL PROPERTY RIGHTS
	  	27
		
	 ARTICLE 11 CONFIDENTIALITY
	  	27
		
	 ARTICLE 12 ADDITIONAL SUMF AND CAPITAL IMPROVEMENT TO SUMF ASSETS
	  	28
		
	 ARTICLE 13 DAMAGE TO SUMF ASSETS
	  	29
		
	 ARTICLE 14 METERING OR ALLOCATION OF SUPPLY, CONSUMPTION AND DELIVERY
	  	30
		
	 ARTICLE 15 MONITORING COMMITTEE
	  	31
		
	 ARTICLE 16 MISCELLANEOUS
	  	32
		
	 ARTICLE 17 FORCE MAJEURE
	  	33
		
	 ARTICLE 18 DISPUTE RESOLUTION
	  	34
		
	 ARTICLE 19 FURTHER ASSURANCE
	  	35
		
	 ARTICLE 20 COSTS AND EXPENSES
	  	35
		
	 ARTICLE 21 ASSIGNMENT AND DELEGATION
	  	35
		
	 ARTICLE 22 SEVERABILITY
	  	36
		
	 ARTICLE 23 NO AGENCY OR PARTNERSHIP
	  	36
		
	 ARTICLE 24 REMEDIES AND WAIVER
	  	37
		
	 ARTICLE 25 ENTIRE AGREEMENT AND VARIATION
	  	37
		
	 ARTICLE 26 NOTICES
	  	38
		
	 ARTICLE 27 NO THIRD PARTY BENEFICIARIES
	  	38
		
	 ARTICLE 28 GOVERNING LAW
	  	38
		
	 ARTICLE 29 COUNTERPARTS
	  	38
		
	 ARTICLE 30 TRUE UP OF FINAL INVOICE OF SUMF AGREEMENT
	  	39

			
	EXHIBIT A	  	INFORMATION
	SCHEDULE 3.1	  	SUMF ITEMS FROM RPP TO Shell
	SCHEDULE 3.2	  	SUMF ITEMS FROM Shell TO RPP
	SCHEDULE 14.1	  	METER TABLE

  

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 SECOND AMENDED AND RESTATED NORCO SITE 
 SERVICES, UTILITIES, MATERIALS & FACILITIES AGREEMENT 
 THIS SECOND AMENDED AND RESTATED NORCO SITE SERVICES, UTILITIES, MATERIALS & FACILITIES AGREEMENT is entered into and will be effective as of the 1st day of November, 2004 by and between:

  

	1.	Shell Chemical L.P., a Delaware limited partnership, (either referred to as “Supplier” or “Purchaser” of specific SUMF, as the case may be, or as
“Shell”), with its principal office at 910 Louisiana, Houston Texas 77002; and 

  

	 2.
	 Resolution Performance Products LLC (either referred to as “Purchaser” or “Supplier” of specific
SUMF, as the case may be, or as “RPP”), a limited liability company organized under the laws of Delaware, with its principal office at 1600 Smith Street, 24th Floor, Houston Texas 77002. 

 WHEREAS:

  

	(A)	Shell or Affiliates of Shell own and operate a chemical/integrated oil and chemical manufacturing Site at Norco, Louisiana; 

  

	(B)	RPP owns and operates certain manufacturing facilities at the Site at Norco, Louisiana (the “ RPP Facilities”); 

  

	(C)	The Parties own and/or have leased assets which are integrated with or are integral to both their own and the other Party’s manufacturing operations at the Site;

  

	(D)	The Parties have entered into that certain First Amended and Restated Norco Site Services, Utilities, Materials and Facilities Agreement (the “SUMF Agreement”) dated
November 1, 2000, related to their respective operations at the Site and the supply and purchase of certain SUMF Items in connection with such operations and assets; 

  

	(E)	Shell has entered into certain transaction documents with RPP for the sale to RPP of certain utilities and shipping assets at Norco; and 

  

	(F)	In connection with the closing of such sale transaction, Shell and RPP want to amend and restate the SUMF Agreement as set forth below. 

  

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 NOW, THEREFORE, the Parties agree as follows: 
 ARTICLE 1 
 DEFINITIONS 
 In this Agreement and the Schedules hereto: 
 “Affiliate” means in relation to either Party: 
  

	 	(a)	its Parent Company (or in the case of Shell, its Parent Companies or either of them); 

  

	 	(b)	any company which is for the time being directly or indirectly controlled by the Parent Company (or in the case of Shell, the Parent Companies or either of them); or

  

	 	(c)	in the case of a Party which does not have a Parent Company, any company which is for the time being directly or indirectly controlled by that Party. 

 For this purpose: 
  

	 	(i)	a company is directly controlled by another company (or, in the case of Shell, companies) if that other company beneficially holds shares carrying the majority of votes at a general
meeting of the first mentioned company; and 

  

	 	(ii)	a company is indirectly controlled by the Parent Company if a series of companies can be specified, beginning with the Parent Company and ending with the particular company, that
are so related such that that each company of the series except the Parent Company is directly controlled by one or more of the preceding companies in the series. 

 “Agreement” means this Second Amended and Restated Norco Site Services, Utilities, Materials and Facilities Agreement, including its Schedules and attachments, and any amendments hereto to which the
Parties may consent from time to time. 
 “Annual Plan & Budget” has the meaning given to this term in Article 7. 
 “Bankruptcy Event” means, in relation to any Party, (i) the making of a general assignment for the benefit of creditors by such Party; or
(ii) the entering into of any arrangement or composition with creditors as a result of insolvency (other than for the purposes of a solvent reconstruction or amalgamation); or (iii) the institution by such Party of proceedings
(a) seeking to adjudicate such Party as bankrupt or insolvent or seeking protection or relief from creditors, or (b) seeking liquidation, winding up, or rearrangement, reorganization or adjustment of such Party or its debts (other than for
purposes of a solvent reconstruction or amalgamation), or (c) seeking the entry of an order for the appointment of a receiver, trustee or other similar official for such Party or for all or a substantial part of such Party’s assets; or
(iv) the institution of any proceeding of the type described in (iii) above against such Party, which proceeding shall not have been dismissed within 90 days following its institution. 
  

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 “Business Day” means any day of the week other than Saturday, Sunday or a public holiday at the location
of the Site. 
 “Confidential Record” means, without limitation, any publications, printed matter, manuals, reports, letters, telexes,
drawings, computer programs, photographs, films, video, tape, diskette, CD-ROM and other information carriers or media conveying information and any other material containing confidential information. 
 “Delivery Point(s)” means the location(s) specified in the Schedules to which each SUMF Item will be delivered and at which title to, and risk of
loss of, a SUMF Item passes from the Supplier to the Purchaser. 
 “Direct Site Costs” means the fully burdened and overheaded fixed costs
(without other mark-up or profit factor, incurred at the Site by Supplier in providing SUMF but which do not vary primarily based on consumption, usage or production. Direct Site Costs include personnel costs for the personnel involved in the
provision of SUMF and costs of any SUMF Items procured by Supplier for Purchaser from a Third Party pursuant to this Agreement. (Personnel costs includes all costs related to workers compensation programs.) If costs, including personnel costs, are
incurred at the Site partly in connection with providing SUMF and partly in connection with other activities, an allocation of such costs shall be included in Direct Site Costs for the avoidance of doubt, wherever and to the extent the Supplier
enjoys a pension fund contribution holiday the Purchaser will share in the benefit of such holiday only until the date when the Supplier resumes contributions to the pension fund at which point the contributions for the relevant employees will be
included in the Direct Site Costs. Further, for the avoidance of doubt, Direct Site Costs do not include charges for the depreciation or amortization of SUMF Assets, and fines resulting from the violation by Supplier of Legal Requirements. In
addition, Direct Site Costs do not include any costs which the Supplier or any of its Affiliates is required to bear under any Transaction Document (other than this Agreement or the Norco Lease). Costs which the Supplier or any of its Affiliates is
required to bear under this Agreement, the Norco Ground Lease or the Second Norco Ground Lease shall be borne in accordance with the terms hereof and thereof. The foregoing shall not be deemed to modify any Transaction Document other than this
Agreement including any express payment or reimbursement obligation of the Purchaser to the Supplier under any Transaction Document other than this Agreement. 
 “Dispute” means any dispute or difference which arises between the Parties in connection with or arising out of this Agreement (including, without limitation, any dispute as to the termination or invalidity of this
Agreement or any provision of it). 
 “Effective Date” means November 1, 2004. 
 “Employee” means any employee of the applicable Party. 
  

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 “Employee Services” shall mean emergency response, medical services, borrowing of employees of either of
the Parties and the site security services. 
 “Environmental Agreement” means the Environmental Agreement dated as of the November 1,
2000 by and between Shell and Shell Epoxy Resins LLC. 
 “Environmental Condition” means any (i) Site Contamination or
(ii) Exposure Liability. 
 “Environmental Law” means any and all applicable federal, state or local laws, statutes, ordinances,
orders, codes, rules, regulations, judgments, decrees, injunctions or agreements with any Governmental Authority, relating to (i) the protection of human health relating to or arising out of the presence of, Release of, or exposure to a
Hazardous Substance; or (ii) the protection of the environment; or (iii) governing the handling, use, generation, treatment, storage, transportation, disposal or Release of Hazardous Substances. Environmental Law also include civil or
common law doctrines (including negligence, nuisance, trespass, personal injury and property damage) to the extent that claims under such doctrines arise out of the presence, Release or exposure to a Hazardous Substance. 
 “Exposure Liability” means Loss or Damage arising from or related to exposure or injury to any Person (including death) caused by, related to, arising
from, or in connection with the generation, handling, use, treatment, storage, transportation, disposal, discharge, presence, Release, threatened Release or emission of any substance within, at, on or underlying the SUMF Assets or any of the land or
groundwater underlying any of the SUMF Assets. 
 “Financial Reporting Accounts” means those books and records maintained by the Supplier
for financial reporting to the Supplier’s parent company(ies) or corporate headquarters, which shall be maintained in accordance with generally accepted accounting principles. 
 “Firm Capacity Reservation” means the maximum volume of a SUMF Item to be supplied under this Agreement as specified in the Schedules 3.2 A and 3.2 C. 
 “Fixed Operating Costs” means Direct Site Costs and Overheads. 
 “Fixed Operating Cost Percentage” has the meaning set forth in the Schedules. 
 “Force Majeure” has the meaning
given to this term in Section 17.4. 
 “Governmental Authority” means any federal, state, municipal, local, or other governmental,
legislature, regulatory body, administrative agency, commission, official, department, board or other governmental subdivision, court, tribunal, arbitral body or other governmental agency. 
  

 4 

 “Gross Negligence” means a failure to perform a duty of care in reckless disregard of the reasonably
foreseeable consequences (as distinguished from a mere failure to exercise ordinary care) which affect the life or property of another. 
 “Hazardous
Substances” shall mean hazardous or toxic substances, materials, or wastes, including those substances, materials, and wastes listed in the United States Department of Transportation Hazardous Materials Table (49 C.F.R. Section 172.101) or
by the Environmental Protection Agency under 40 C.F.R. Part 302.4 and amendments thereto, petroleum, petroleum constituents, petroleum products, additives to petroleum products, petroleum by-products, petroleum wastes, or such substances, materials,
and wastes which are or become regulated under any applicable state or federal law, including any material, waste or substance which is (i) designated as a “hazardous substance” pursuant to section 311 of the Clean Water Act, 33 USC
§ 1251 et seq. (33 USC § 1321), or listed pursuant to section 307 of the Clean Water Act (33 USC § 1317); (ii) defined as a “hazardous substance” pursuant to Section 101 of the Comprehensive Environmental Response
Compensation and Liability Act, 42 USC § 9601 et seq., (42 USC § 9601); or (iii) defined as “hazardous waste” pursuant to Section 9 of the Louisiana Hazardous Waste Control Law, 30 La. Rev. Stat. Ann. Section 2173.

 “HSE” means health, safety and/or environment. 
 “Infrastructure Charge” means the charge related to infrastructure used to provide SUMF Items which is a charge in lieu of depreciation and maintenance capital on existing SUMF Assets. 
 “Inflation Rate” shall for a given yearly period equal the following fraction (rounded to the fourth decimal place): (x) the numerator shall equal
the average Published Inflation Index for the calendar year preceding the commencement of such yearly period, and (y) the denominator which shall equal the average Published Inflation Index of the calendar year preceding that for the numerator
described above (i.e. for a yearly period commencing April 1, 1999, the numerator would have equaled 389.5 (the average Published Inflation Index for 1998). 
 “Intellectual Property Transfer and License Agreement” means the agreement between Shell Oil Company and Shell Epoxy Resins LLC relating to intellectual property transfer and licensing dated November 14, 2000.

 “Inter-Bank Offered Rate” means a percentage equal to the rate specified in Exhibit A. 
 “Interest Rate” means a percentage equal to the Inter-Bank Offered Rate specified in Exhibit A plus one point five percent (1.5%) p.a.

 “Legal Requirements” means all applicable federal, state and local laws, regulations, rules, ordinances, codes, standards and rules of
common law. 
  

 5 

 “Loss or Damage” means any loss, damage or injury of whatever nature, including without limitation,
property damage, personal injury, disease and death. 
 “Meter” has the meaning given to this term in Article 14. 
 “Monitoring Committee” means the committee to be formed of RPP’s Representative and Shell’s Representative which shall have the functions set
out in Article 15. 
 “MSA” means that certain Master Sales Agreement dated as of the July 10, 2000 among Shell Oil Company, Resin
Acquisition LLC and Shell Epoxy Resin Inc. 
 “Norco Ground Lease” means lease entered into between Shell Oil Company and Shell Epoxy Resins
LLC dated as of November 1, 2000 related to the Site. 
 “Overheads” means, without duplication of any Direct Site Cost, in relation to
each SUMF Item, an allocation of the indirect fully burdened and overheaded fixed costs incurred at the Site related to management and operation of the Site that are not specifically attributable to a certain plant at the Site (without other mark-up
or profit factor), including, but not limited to, the following (where they are not provided as separate SUMF Items): Site management and general services; office services, accommodation and catering; and taxes. Overheads shall not include any
allocated costs of corporate services, unless incurred for specific services in the same manner as Third Party services, such as tax, legal or other services, and shall not include the fees paid to the Supplier’s parent company(ies) or any
other Affiliate, division, business unit or headquarters as a share of corporate overhead. Further, for the avoidance of doubt, Overheads do not include charges for the depreciation or amortization of SUMF Assets or other assets, and fines resulting
from the violation by Supplier of Legal Requirements. In addition, Overheads do not include any costs which the Supplier or any of its Affiliates is required to bear under any Transaction Document (other than this Agreement, the Norco Ground Lease
or the Second Norco Ground Lease). Costs which the Supplier or any of its Affiliates is required to bear under this Agreement the Norco Ground Lease or the Second Norco Ground Lease shall be borne in accordance with the terms hereof and thereof. The
foregoing shall not be deemed to modify any Transaction Document other than this Agreement including any express payment or reimbursement obligation of the Purchaser to the Supplier under any Transaction Document other than this Agreement.

 “Parent Company” means: 
 (i)
in relation to Shell, N.V. Koninklijke Nederlandsche Petroleum Maatschappij and The “Shell” Transport and Trading Company, p.l.c. or either of them; and 
 (ii) in relation to RPP, Apollo Management L.P. 
 “Party” means Shell or RPP; Parties means Shell and RPP.

 “Person” means any natural person, corporation, partnership, limited liability company, joint venture, association, trust, unincorporated
organization, business, government or other entity. 
  

 6 

 “Purchaser Indemnitees” means the Purchaser, its Affiliates, officers, directors, employees, agents,
servants, and other representatives of each of them 
 “Pre-contractual Statement” means any draft, agreement, undertaking, representation,
warranty, promise, assurance or arrangement of any nature whatsoever, whether or not in writing, relating to the subject matter of this Agreement made or given by any person at any time prior to the date of this Agreement other than the Transaction
Documents. 
 “Property” means, in relation to each Party, the plants, buildings and other improvements, land and/or other real property
interests, fixtures, equipment, inventory, finished product, vehicles and other tangible personal property interests owned or leased by a Party that are now or in the future located within the Site or, in relation to the Supplier, elsewhere if used
to provide SUMF. 
 “Published Inflation Index” for a given calendar year shall equal the index in the “Chemical Engineering Plant Cost
Index” for that calendar year as published in the Chemical Engineering Magazine. If the Published Inflation Index is discontinued, the Parties shall adopt by mutual agreement a replacement index that most closely measures the price changes
measured by the original Published Inflation Index that is discontinued. If the basis of reporting of the Published Inflation Index is changed from the basis in effect on the date hereof, then the Published Inflation Index shall be correspondingly
changed. 
 “Purchaser” means the Party who purchases a particular SUMF Item from the Supplier. 
 “Release” means any spilling, leaking, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping or disposing of
Hazardous Substances into the environment. 
 “Remediation Activity” means any investigation, monitoring, correction or remediation of an
Environmental Condition, including but not limited to soil and groundwater sampling, activities associated with the construction, operation or maintenance of remediation or treatment equipment and systems, excavation and/or treatment of contaminated
soil, groundwater and free product, measures to contain, monitor or limit contamination or other works in relation to any Environmental Condition. 
 “RPP Facilities” means the HPRU, AC/ECH plants, utilities, shipping, and other RPP operating areas situated at the West Site and the associated assets, facilities and rights. 
 “Second Norco Ground Lease” means that Second Norco Ground Lease and Grant of Servitudes between Shell Chemical LP and Resolution Performance Products
LLC, dated as of November 1, 2004. 
 “Shell Facilities” means the Electrical Utilities and Biotreater Units and the Butylene storage
and distribution system situated at the West Site and the associated assets, facilities and rights. 
 “Site” means the commercial or
industrial complex or facilities described in Exhibit A. 
  

 7 

 “Site Contamination” means environmental pollution, contamination, degradation, damages, exposure or
injury to property caused by, relating to, arising from, or in connection with the generation, handling, use, treatment, storage, transportation, disposal, discharge, presence, Release, threatened Release, or emission of any substance within, at, on
or underlying the SUMF Assets or any of the land or groundwater underlying any of the SUMF Assets. 
 “Steering Committee” means a steering
committee consisting of senior representatives of RPP and Shell which has responsibilities beyond the daily operation of the SUMF Assets and RPP Facilities. 
 “SUMF” means the site services, utilities, materials and facilities to be supplied under this Agreement. 
 “SUMF
Assets” means those assets of the Supplier used in the provision of SUMF. 
 “SUMF Charge(s)” or “Charge(s)” means
the charge(s) to be paid by the Purchaser to the Supplier for each SUMF Item in accordance with Article 5 and Article 6. 
 “SUMF Item” or
“Item of SUMF” means any part of SUMF. 
 “Supplier” means the Party who supplies or operates a particular SUMF Item.

 “Supplier Indemnitees” means the Supplier, its Affiliates, officers, directors, employees, agents, servants, and other representatives of
each of them. 
 “Third Party” means any person or company other than the Supplier, the Purchaser or their respective Affiliates.

 “Third Party Claim” means any claim initiated by a person (other than either Party, their Affiliates or their employees) against an
indemnified party, any of their respective Affiliates or any of their respective Employees. 
 “Transaction Documents” means (i) the
MSA, and all documents executed in connection therewith or relating thereto, including, without limitation, the following which are defined in the MSA: the SUMF Agreement, the Intellectual Property Transfer and License Agreement, the Environmental
Agreement and the Norco Ground Lease; and (ii) the Asset Purchase Agreement among Shell Chemical LP, SCOGI Louisiana Holdings LLC and Resolution Performance Products LLC, dated effective November 1, 2004, and all documents executed in
connection therewith or relating thereto, including, without limitation, the Second Norco Ground Lease. 
 “User” means any company, entity,
division, or business unit (including divisions and business units of the Supplier and its Affiliates) to which SUMF or its equivalent is furnished by the Supplier at the Site. 
  

 8 

 “Variable Costs” means those operating costs, without duplication of any Direct Site Cost, incurred at
the Site by Supplier in providing SUMF which vary primarily based on consumption, usage or production, and which charges are reconcilable with the cost accounting system of the Supplier existing as of the Effective Date and as from time to time
modified by Supplier (if applied to the entire Site), including the costs of air, cooling water, fuel, nitrogen, process materials, steam and applicable taxes, but not depreciation. 
 “West Site” means the facilities described in Exhibit A. 
 “Willful Misconduct” means an
intentional act or omission which is in disregard of (a) a known risk or a risk so obvious that it cannot be said one was truly unaware of it and (b) a risk so great that it is highly probable that harm will follow. 
 ARTICLE 2 
 INTERPRETATIONS

  

	2.1	In this Agreement, unless otherwise specified: 

  

	 	(a)	references to Articles, Exhibits and Schedules are to Articles of, and Exhibits and Schedules to, this Agreement; 

  

	 	(b)	use of any gender includes the other genders; 

  

	 	(c)	references to a “company” shall be construed so as to include any company, corporation or other body corporate, wherever and however incorporated or established;

  

	 	(d)	references to a “person” shall be construed so as to include any individual, firm, company, any federal, state, local or municipal governments, or any agency of a federal,
state, local or municipal authority or government body, or any joint venture, association or partnership (whether or not having separate legal personality); 

  

	 	(e)	references to “USD” are to United States dollars; 

  

	 	(f)	any reference to a “day” (including within the phrase “Business Day”) shall mean a period of 24 hours running from midnight to midnight;

  

	 	(g)	a reference to any other document referred to in this Agreement is a reference to that other document as amended, varied, novated or supplemented at any time;

  

	 	(h)	where a word or phrase is given a particular meaning, other parts of speech and grammatical forms of that word or phrase have corresponding meanings; 

  

 9 

	 	(i)	references to the Purchaser shall be deemed to include its successors and assigns and references to the Supplier shall be deemed to include its successors and assigns; and

  

	 	(j)	a reference to this “Agreement” or any other agreement or document or statute or statutory provisions shall be construed as a reference to it as amended, modified or
novated from time to time. 

  

	2.2	The table of contents and headings in this Agreement are inserted for convenience only and shall not be taken into consideration in the interpretation or construction of this
Agreement. 

  

	2.3	In the event of a conflict between the terms and conditions set out in the main body of this Agreement and any of the Exhibits or Schedules or attachments hereto, the
relevant Exhibit, Schedule or attachment shall prevail unless expressly stated otherwise in this Agreement. 

  

	2.4	Purchaser and Supplier acknowledge that notwithstanding any provision to the contrary in this Agreement, the provisions of Clause 10.3 of the Environmental Agreement shall apply as
between any Seller Indemnified Party (as defined in the Environmental Agreement) and SER Indemnified Party (as defined in the Environmental Agreement) and any Person (as such term is defined in the MSA) to whom a transfer or assignment is made in
accordance with Clause 11.1 of the Environmental Agreement. Any obligation or liability of any SER Indemnified Party (as defined in the Environmental Agreement) or Seller Indemnified Party (as defined in the Environmental Agreement) under this
Agreement shall be without prejudice to the rights, if any, of the relevant Party to claim Environmental Damages (as defined under the Environmental Agreement) under the Environmental Agreement. In the event of conflict between this Agreement and
the Environmental Agreement, the Environmental Agreement shall control; provided however that the Parties do not intend that anything in this Agreement be interpreted to expand the scope of the Environmental Agreement beyond that which existed at
its effective date. 

 ARTICLE 3 
 OBJECT AND SCOPE 
  

	3.1	Subject to Section 7.5 and Article 17, RPP as the Supplier agrees to supply Shell and Shell as Purchaser agrees to purchase the SUMF Items described herein under the terms and
conditions set out in this Agreement. Except as otherwise provided in Section 3.5 and Schedule 3.1, Shell may purchase the amounts of each SUMF Item set forth in Schedule 3.1 from RPP at quantities consistent with Shell’s
historical usage of such SUMF Items for operation of the Shell Facilities, and at quantities consistent the needs of Shell, RPP and other Users regarding operations of the dock located at the West Site if Shell takes over operation of such dock as
described in Schedule 3.1 J of this Agreement, until termination of such SUMF Item in accordance with the provisions of this Agreement. 

  

 10 

	3.2	Subject to Section 7.5 and Article 17, Shell as the Supplier agrees to supply RPP and RPP as Purchaser agrees to purchase the SUMF Items described herein under the terms and
conditions set out in this Agreement. Except as otherwise provided in Section 3.5 and Schedule 3.2, RPP may purchase the amounts of each SUMF Item set forth in Schedule 3.2 up to its Firm Capacity Reservation, or as otherwise
provided in Schedule 3.2, from Shell until termination of such SUMF Item in accordance with the provisions of this Agreement. 

  

	3.3	A description and, where appropriate, the technical specifications of the SUMF Items which the Parties have agreed to provide hereunder, the price, delivery terms, specific
exclusions and limitations, if any, on consumption and supply, and such other details as this Agreement may require or as the Parties may agree, of each SUMF Item are set out in this Agreement. 

  

	3.4	Any Firm Capacity Reservation amounts for any SUMF Item as agreed by the Parties are set out in Schedules 3.2A and 3.2C. 

  

	3.5	If the Purchaser or the Supplier subsequently wishes to change the nature, quantity or type of any SUMF Item provided hereunder, the other Party shall use reasonable efforts to
accommodate such request, but, except as set forth in the next sentence, with no obligation to make such change. The Purchaser shall have the right upon three (3) years advance written notice (or such shorter period of time as may be required
to terminate such SUMF Item under the applicable schedule) to reduce its Firm Capacity Reservation for such SUMF Item provided hereunder and when reduced receive a pro rata reduction in the Fixed Operating Costs (if any) and Infrastructure Fees (if
any) for such SUMF Item. The Purchaser may not, however, claim a reduction in excess of fifty percent (50%) of its initial Firm Capacity Reservation (as of the Effective Date). In addition, annual decreases in the Purchaser’s Firm Capacity
Reservation shall be limited to no more than ten percent (10%) of its initial Firm Capacity Reservation per year until the total reduction requested (up to the fifty percent maximum limit) is reached. 

  

	3.6	Title to and risk of loss of a SUMF Item shall pass from the Supplier to the Purchaser at the Delivery Point(s) specified in the applicable Schedule.

  

	3.7	 SUPPLIER MAKES NO REPRESENTATIONS OR WARRANTIES EXPRESS OR IMPLIED WITH RESPECT TO THE SUMF ITEMS EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT. NO
REPRESENTATION OR WARRANTY SHALL BE IMPLIED UNDER THIS AGREEMENT OR AT LAW, INCLUDING BUT NOT LIMITED TO, WARRANTY OF MERCHANTABILITY OR WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE OR ADEQUACY AS TO THE SUMF ITEMS. SUPPLIER PROVIDES NO WARRANTY FOR
THE 

  

 11 

	 	 
PERFORMANCE OF ANY COMPUTER SYSTEMS, DIGITAL DEVICES AND COMPONENTS THEREOF. PURCHASER ACKNOWLEDGES THAT EXCEPT AS EXPRESSLY SET FORTH HEREIN, NO
REPRESENTATIONS OR WARRANTIES ARE BEING MADE HEREIN AND PURCHASER RELEASES AND RELIEVES SUPPLIER FROM AND HEREBY WAIVES ANY SUCH OTHER REPRESENTATIONS OR WARRANTIES. 

 ARTICLE 4 
 SUMF CHARGES 
  

	4.1	In consideration of the supply of the SUMF Items by the Supplier to the Purchaser, as provided herein, the Purchaser shall pay the Supplier the SUMF Charges as specified in the
relevant Schedules and as provided in Article 5. In no event shall SUMF Charges include any costs charged to Purchaser under any other agreement with the Supplier or any of its Affiliates. The SUMF Charges shall be subject to adjustment as provided
elsewhere in this Agreement. 

  

	4.2	In addition to the SUMF Charges set forth in Section 4.1 and the Schedules, the Purchaser shall pay to the Supplier any existing or future sales tax, use tax, value added tax,
environmental tax or other governmental charge or tax (other than taxes measured by income) levied or imposed on the Supplier with respect to any SUMF Items consumed by the Purchaser. The Purchaser shall also pay to the Supplier any increase in the
cost of providing a SUMF Item resulting from a change in local, state, or federal tax law. If the Purchaser claims, in good faith, to be exempt from any such tax, it shall provide the Supplier an executed Louisiana tax exemption certificate, or a
Louisiana sales tax direct payment permit. The charges to be paid by Purchaser under this Section 4.2 shall be without duplication to the charges set forth in the Schedules and Section 4.1. 

 ARTICLE 5 
 SUMF CHARGES WITH
REFERENCE TO COST 
 For the SUMF Items for which the charges are to be determined wholly or partly by reference to cost, the following shall apply:

  

	5.1	(a) Except as otherwise provided in this Article 5 or in the Schedules, the Purchaser shall pay: 

  

	 	(i)	its share of Variable Costs for such SUMF Item based on the Purchaser’s consumption of such SUMF Item; 

  

	 	(ii)	its share of Fixed Operating Costs as set forth in the Schedules; and 

  

	 	(iii)	the Infrastructure Charge specified in the Schedules. 

  

 12 

	5.2	The Variable Costs, Fixed Operating Costs and Infrastructure Charges will be ascertained and charged pursuant to the Supplier’s cost accounting practices which the Supplier
represents are used for, or are directly reconcilable with, its Financial Reporting Accounts. The Supplier may modify its cost accounting practices for its Financial Reporting Accounts from time to time in the normal course of business in conformity
with generally accepted accounting principles but in all events, after the Supplier has permitted the Purchaser to review, and has consulted with the Purchaser, as to such modification. Notwithstanding the foregoing, the Supplier shall not make any
such modification unless (i) it is for a legitimate business purpose not designed solely to increase SUMF Charges to the Purchaser or to Users generally and (ii) it does not have a discriminatory economic effect on the Purchaser relative
to other Users except as may be permitted in this Agreement or as may be implemented to correct errors. The Parties expressly acknowledge that any Dispute pursuant to this Section 5.2 is subject to the provisions of Article 18.

  

	5.3	The Purchaser shall not be responsible for any termination costs resulting from the Supplier’s fixed cost reduction efforts in response to a reduction or termination of demand
by any User other than the Purchaser except to the extent that the Purchaser benefits from the reduction efforts, in which case the Purchaser shall bear its proportionate share of the cost (calculated using the proportion of financial participation
in the benefit) up to but not in excess of the benefit derived. 

 The Purchaser shall pay the reasonable costs, including
personnel termination costs (including those actuarially determined), resulting from the Supplier’s fixed cost reduction efforts in response to a permanent or long-term reduction or termination of demand by the Purchaser of such SUMF Item
pursuant to this Agreement. 
  

	5.4	The Purchaser shall bear the costs, of any redundancy program required as a result of manpower productivity improvements to such SUMF Item in proportion to the reduction of the
relevant SUMF Charges to the Purchaser before and after the productivity improvement as compared to such reduction of SUMF Charges to all other Users up to, but not in excess of such reduction in SUMF Charges. Notwithstanding anything contained in
this Agreement to the contrary, (i) the Purchaser shall not be responsible for any costs of termination by the Supplier of an employee unless such termination occurs within 180 days from the date of reduction or termination by the Purchaser of
such SUMF Item, (ii) the Purchaser shall only be responsible for (A) termination costs paid to such a terminated employee in accordance with the Supplier’s policies in effect on the date of such reduction or termination and
(B) salaries and benefits which are provided to such a terminated employee pursuant to the Supplier’s policies in effect on the date of such reduction or termination for up to sixty (60) days following such date and (iii) an
employee who is transferred by the Supplier to an Affiliate as a result of any such termination or reduction shall not be considered a terminated employee for purposes of Section 5.3 or this Section 5.4 unless such transfer results in
severance costs. 

  

 13 

	5.5	The Supplier shall keep accurate books and records of its activities relevant to such SUMF Items for at least three (3) years after the calendar year in question or such longer
period as may be required by law. 

  

	5.6	To verify the correctness of any invoices issued by the Supplier for such SUMF Items and payments therefore made hereunder for the current calendar year and for any of the three
(3) preceding years and to verify the implementation of the Supplier’s curtailment and other procedures, the Purchaser, upon at least sixty (60) days prior written notice and at reasonable times and intervals but not more than once in
any calendar year, may require that, at the Purchaser’s cost, an independent auditor perform an audit for such purposes. 

 The Supplier shall provide such auditors with the necessary data and explanations reasonably necessary for the calculation of the SUMF Charges for such SUMF Item and the basis therefor. 
 The Purchaser undertakes to procure that such auditors are bound by obligations of confidentiality at least as strict as those set out in Article 11.

 Any report produced by such auditors shall be provided to both Parties and shall state the results of the aforementioned verifications. If
such report reveals that errors have been made and that the Purchaser was overcharged or undercharged by an amount equal to or greater than USD 50,000, the report shall state the nature, amount and consequences of such error(s) together with such
additional information as is reasonably necessary to explain the genesis of said errors and to enable the Parties to avoid recurrence thereof. 
 If the audit report reveals an overcharge in an amount equal to or greater than USD 50,000, the Supplier shall pay the amount of the overcharge plus interest plus liquidated damages in the amount of USD 50,000, unless the Supplier
successfully disputes the conclusions of the report. If the audit report reveals an underpayment in an amount equal to or greater than USD 50,000, the Purchaser shall pay the amount of the underpayment plus interest unless the Purchaser successfully
disputes the conclusions of the report. Interest on any overpayment or underpayment shall accrue at the Interest Rate from the date the overpayment was made or the underpayment amount would otherwise have been due until the date of refund or
payment, as applicable. 
 Any audit shall be pursued diligently and completed no later than ninety (90) days after its commencement and
any claims must be made in writing within ninety (90) days following completion of the audit. If either Party submits a claim following audit, and the Parties are unable to resolve the claim within sixty (60) days, the matter will be
submitted for Dispute Resolution, in accordance with the provisions of Article 18. 
  

 14 

 ARTICLE 6 
 PAYMENT TERMS 
  

	6.1	In no event shall either Party be entitled to set off or reduce any payments due and owing to the other Party under this Agreement by any amount which the first Party claims are
owed to it by the other Party pursuant to any other agreement between the Parties. 

  

	6.2	Unless otherwise set out in the relevant Schedules, the provisions set out below apply: 

  

	 	 (a)
	 Beginning in the calendar month immediately following the Effective Date and continuing each month until the termination
of this Agreement, Supplier shall provide to the Purchaser an invoice on or before the fifteenth (15th) day of
the month. The invoice shall be in an amount equal to the prior month’s costs required to be paid by the Purchaser. The Purchaser shall, on or before the last day of each month, pay to Supplier all amounts invoiced by Supplier except as set
forth this Section 6.2. 

  

	 	(b)	The final reconciliation for a year shall be made within the first sixty (60) days of the end of such preceding year or such other period as may be agreed in writing.
Overcharges or undercharges, plus Interest at the Interest Rate, shall be credited or debited in the first billing cycle of the next accounting period. 

  

	 	(c)	The invoices shall be broken down in sufficient detail to indicate the SUMF Charges for each particular SUMF Item supplied during the period in question. The SUMF Charge for each
SUMF Item shall in turn be broken down in sufficient detail as the Purchaser may reasonably request and as the Supplier can reasonably provide. 

  

	 	(d)	Subject to Section 6.2(e) and 6.2(f), the Purchaser shall pay each invoice on or before the due date to which such invoice relates. From the due date until actual payment,
interest will accrue on the amount owing at the Interest Rate. 

  

	 	(e)	If the Purchaser disagrees with an amount invoiced, the Purchaser shall advise the Supplier in writing of the amount disputed within thirty (30) days of the date of the invoice
and the reason why the Purchaser considers the SUMF Charges not to be properly made. Subject to Section 6.2(f), the Supplier permits the Purchaser to defer payment of the disputed invoice amount, and only that amount, if the disagreement cannot
be resolved before the normal due date. Payment of the undisputed portion of an invoice shall not constitute approval of the entire invoice. Any such deferred payment shall bear interest at the Interest Rate from the original due date until the date
on which actual payment is made. 

  

	 	(f)	 The Parties shall meet to resolve any dispute with respect to an invoice as expeditiously as possible. The Supplier shall provide to the Purchaser within 

  

 15 

	 	 
thirty (30) days after receipt of such payment a response answering the question in reasonable detail sufficient to permit the Purchaser to verify the
accuracy of such invoice. The Purchaser shall either accept the Supplier’s response or give written notice to the Supplier that the Purchaser continues to question such invoice. Promptly after receipt of such notice, the Supplier and the
Purchaser shall negotiate in good faith with respect to resolving such question. If the Supplier and the Purchaser cannot resolve such question in a mutually satisfactory manner within twenty (20) days after such notice shall have been given,
the question shall promptly be submitted to a firm of independent public auditors, of international repute, as determined by mutual agreement between the Supplier and the Purchaser within another twenty (20) days or, in default of agreement, as
chosen by lot from among four independent public auditors, two of which shall be selected by the Supplier and two of which shall be selected by the Purchaser. Such firm will review the applicable books and records of the Supplier and the Purchaser
and make such other investigations as such firm shall deem necessary to make a recommendation to the Parties for a resolution of such question. The costs of retaining such firm shall be borne by the Purchaser unless the firm determines that the
Purchaser was overcharged by an amount equal to or greater than USD 35,000, in which case the costs of retaining such firm shall be borne by the Supplier. The recommendation of the auditors shall be final and binding on the parties and not subject
to challenge and resolution under Article 18 and judgment thereon may be entered in any court of competent jurisdiction. 

  

	 	(g)	Any refund of a disputed amount, or payment of any additional sums, shall be promptly made following the final determination as aforesaid and shall include interest at the Interest
Rate based on the actual number of days elapsed from the due date of the original invoice to the date such refund or additional payment is made. 

 ARTICLE 7 
 ANNUAL FORECAST, ANNUAL PLAN & BUDGET AND CURTAILMENT 
  

	7.1	For operational forecast purposes only, unless the Purchaser otherwise submits to Supplier on or before 1st June in each calendar year a non-binding annual forecast of its
quarterly volume requirements for each SUMF Item for the forthcoming calendar year and estimates of its volume requirements for each SUMF Item for the following four (4) years, the Supplier shall use the prior year’s volume forecast for
SUMF Items and estimates of volume requirements for the forthcoming year and four subsequent years. The Purchaser shall update any such forecast on or before September 1st of each year to provide its actual forecast. 

 

	7.2	Not later than 1st December in each calendar year or such other date as the Parties may agree, the Supplier shall prepare and submit to the Purchaser an operational forecast of
the SUMF Charges for the forthcoming calendar year. 

  

 16 

	7.3	The Purchaser shall review the forecast referred to in Section 7.2. The Purchaser shall raise any objections it may have no later than thirty (30) days after submission of
such forecast, or by such other time as the Parties may agree. Disputes over the forecast shall be communicated to the Monitoring Committee for resolution. 

  

	7.4	Upon the approval of both Parties, the forecast referred to in Section 7.2 shall become the “Annual Plan & Budget.” Under no circumstance shall the Annual
Plan & Budget (or lack thereof) relieve the Purchaser from its payment obligations under Articles 4, 5 and 6 for SUMF Items provided to it under this Agreement. 

  

	7.5	In the event that any SUMF Items are not available at the planned volumes for any reason whatsoever, the Supplier shall implement the then current curtailment procedures followed by
the Supplier and as specified in the applicable Schedules. Unless otherwise provided in any Schedule hereto, such curtailment procedures will be based upon the following priorities: (i) safety; (ii) minimizing adverse
environmental impact; and (iii) sustaining the operations of both Shell and RPP and the Site as a whole. 

  

	7.6	The Supplier shall have the right to selectively impose curtailment based upon the foregoing considerations regardless of the cause of the curtailment and without liability for any
Loss or Damage. This Section 7.6 does not permit a Supplier to curtail based on business considerations that prefer one Party. The Supplier hereby represents and warrants to the Purchaser that it has made available to the Purchaser a complete
set of the curtailment guidelines in effect as of the date hereof at the Site. 

  

	7.7	If reasonably possible, the Supplier shall advise the Purchaser of any impending curtailment and the Parties shall cooperate to avoid or mitigate the effects of such curtailment in
an economically efficient manner. 

 ARTICLE 8 
 LIABILITY/INDEMNIFICATION 
  

	8.1	Damage to Assets and Employees. 

 (a) Except for
environmental matters that are covered in Sections 8.3, 8.4, 8.5, and 8.6, and except as provided in Sections 8.1(b), 8.2(a)(iii), 8.2(b)(iii) and as set forth in Section 8.2(c), each Party shall be responsible for any Loss or Damage to such
Party’s Property (including any SUMF Asset of such Party), and with respect to any SUMF Assets shall be responsible for restoring such SUMF Asset, arising out of the performance or nonperformance of this Agreement. 
 (b) If any Loss or Damage to a SUMF Asset shall occur by reason of the Gross Negligence or Willful Misconduct of a Party, such Party shall be responsible
for the cost of restoration of such SUMF Asset. 
  

 17 

 (c) Except for environmental matters that are covered in Sections 8.3, 8.4, 8.5 and 8.6, and except as
provided in Section 8.2, each Party shall be responsible for any Loss or Damage of such Party to any employee of such Party arising out of the performance or non-performance of this Agreement. 
 8.2 (a) Purchaser General Indemnity. Except for environmental matters which are covered by Sections 8.3, 8.4, 8.5 and 8.6 and subject to the limitations set forth
in this Article 8, the Purchaser shall be responsible for and shall indemnify, defend and hold harmless the Supplier Indemnitees from and against the following Loss or Damage arising out of the performance or nonperformance of this Agreement:

  

	 	(i)	any Loss or Damage to any of the Purchaser’s Employees attributable to (a) the Purchaser’s negligence (excluding any Loss or Damage attributable to Supplier’s
negligence and excluding any Loss or Damage attributable to performance of Employee Services by Purchaser’s Employees), or (b) the Purchaser’s Gross Negligence or Willful Misconduct; 

  

	 	(ii)	any Loss or Damage to any of the Supplier’s Employees not arising from their performance of Employee Services attributable to the Purchaser’s Gross Negligence or Willful
Misconduct; 

  

	 	(iii)	any Loss or Damage to any of the Supplier’s Property (excluding any SUMF Asset) attributable to the Purchaser’s Gross Negligence or Willful Misconduct;

  

	 	(iv)	any Loss or Damage resulting from Third Party Claims attributable to (a) the Purchaser’s negligence or (b) the Purchaser’s Gross Negligence or Willful
Misconduct; and 

  

	 	(v)	any Loss or Damage to any of Supplier’s Employees arising from their performance of Employee Services attributable to: 

  

	 	(a)	the Purchaser’s Gross Negligence or Willful Misconduct, 

  

	 	(b)	the Purchaser’s negligence, or 

  

	 	(c)	the Supplier’s negligence (but not the Supplier’s Gross Negligence or Willful Misconduct); 

 provided, however, that the Purchaser’s aggregate liability for any Loss or Damage arising under Section 8.2(a)(ii) or 8.2(a)(iii) shall not (i) in any calendar year, exceed four million
($4,000,000) dollars or (ii) for loss resulting from any single event, exceed four million ($4,000,000) dollars. 
 (b) Supplier
General Indemnity. Except for environmental matters which are covered by Sections 8.3, 8.4, 8.5 and 8.6 and subject to the limitations set forth in this Article 8, the Supplier shall be responsible for and shall indemnify, defend and hold
harmless the Purchaser Indemnitees from and against the following Loss or Damage arising out of the performance or nonperformance of this Agreement: 
  

	 	(i)	any Loss or Damage to any of the Supplier’s Employees attributable to either (a) the Supplier’s negligence (excluding any Loss or Damage attributable to
Purchaser’s negligence and excluding any Loss or Damage attributable to performance of Employee Services by Supplier’s Employees) or (b) the Supplier’s Gross Negligence or Willful Misconduct; 

  

 18 

	 	(ii)	any Loss or Damage to any of the Purchaser’s Employees not arising from their performance of Employee Services attributable to the Supplier’s Gross Negligence or Willful
Misconduct; 

  

	 	(iii)	any Loss or Damage to any of the Purchaser’s Property (excluding any SUMF Asset) attributable to the Supplier’s Gross Negligence or Willful Misconduct;

  

	 	(iv)	any Loss or Damage resulting from Third Party Claims attributable to (a) the Supplier’s negligence or (b) the Supplier’s Gross Negligence or Willful Misconduct;
and 

  

	 	(v)	any Loss or Damage to any of Purchaser’s Employees arising from their performance of Employee Services attributable to 

  

	 	(a)	the Supplier’s Gross Negligence or Willful Misconduct, 

  

	 	(b)	the Supplier’s negligence or 

  

	 	(c)	the Purchaser’s negligence (but not the Purchaser’s Gross Negligence or Willful Misconduct); 

 provided, however, that the Supplier’s aggregate liability for any Loss or Damage arising under Section 8.2(b)(ii) or 8.2(b) (iii) shall not (i) in any calendar year, exceed four million
($4,000,000) dollars; or (ii) for loss resulting from any single event, exceed four million ($4,000,000) dollars. 
 (c) If Supplier
shall suffer Loss or Damage to a SUMF Asset as a result of the negligence (but not Gross Negligence or Willful Misconduct) of Purchaser or Supplier, Supplier shall be responsible to timely restore such SUMF Asset as soon as practical following the
damage or destruction and Purchaser shall reimburse Supplier for an amount equal to (i) the cost to restore such SUMF Asset multiplied by (ii) the Fixed Operating Cost Percentage, as specified in the respective Schedules. To cover the risk
of the Purchaser being required to bear a proportion of the cost of restoring a SUMF Asset in respect of which the Supplier has sustained Loss or Damage, the Purchaser shall insure or, with Supplier’s consent, self-insure. 
 For purposes of avoiding disputes over deminimus Loss or Damage to SUMF Assets, any Loss or Damage to a SUMF Asset which would result in an individual
claim for reimbursement against Purchaser under this Section 8.2(c) of less than $75,000 shall not be considered to have resulted from the negligence of Supplier or Purchaser, except to the extent the Loss or Damage 

  

 19 

 
was caused by the Gross Negligence or Willful Misconduct of such Parties; provided, however, that if, in any year, the Supplier shall be
precluded from reimbursement from Purchaser by operation of this sentence in an aggregate amount exceeding $250,000 during any twelve-month period, then this sentence shall not be effective to limit reimbursement as to any Loss or Damage during such
period. 
 (d) Each Party waives and releases the other Party from and against any and all liability for Loss or Damage to such Party’s
assets, excluding any SUMF Asset, resulting from the simple negligence of the other Party and each Party shall cause its insurance carrier to waive all rights of subrogation against the other Party as to such Loss or Damage. 
 8.3 Purchaser Environmental Indemnification. Purchaser shall indemnify, defend, save and hold harmless Supplier Indemnitees from and against all Loss or Damage
asserted against, resulting to or imposed upon or incurred by the Supplier Indemnitees attributable to: 
  

	 	(i)	any violation of or failure to comply with any Environmental Law; 

  

	 	(ii)	any Environmental Condition; or 

  

	 	(iii)	any Remediation Activity; 

 and arising from events or conditions
attributable to Purchaser’s conduct under this Agreement, but only to the extent any resulting Loss or Damage relate to Purchaser’s conduct under this Agreement. 
 8.4 Off-Site Waste Disposal Site Indemnification. Purchaser shall indemnify, defend, save and hold harmless Supplier Indemnitees from and against all Loss or Damage asserted against, resulting to or imposed
upon or incurred by the Supplier Indemnitees that result from the presence at any off-site waste disposal site of any Hazardous Substance and which Hazardous Substance arose from or is related to activities, operations or practices attributable to
Purchaser’s conduct under this Agreement, provided, however, that Purchaser shall have no liability in connection with any waste that Purchaser sends to the biotreater that conforms with the specifications described in Schedule 3.2 C.

 8.5 Supplier Environmental Indemnification. Supplier shall indemnify, defend, save and hold harmless Purchaser Indemnitees from and against all
Loss or Damage asserted against, resulting to or imposed upon or incurred by the Purchaser Indemnitees attributable to: 
  

	 	(i)	any violation of or failure to comply with any Environmental Law; 

  

	 	(ii)	any Environmental Condition; or 

  

	 	(iii)	any Remediation Activity; 

  

 20 

 and arising from events or conditions attributable to Supplier’s conduct under this Agreement, but only to the
extent any resulting Loss or Damage relate to Supplier’s conduct under this Agreement. 
 8.6 Off-Site Waste Disposal Site Indemnification. Supplier
shall indemnify, defend, save and hold harmless Purchaser Indemnitees from and against all Loss or Damage asserted against, resulting to or imposed upon or incurred by the Purchaser Indemnitees that result from the presence at any off-site waste
disposal site of any Hazardous Substance and which Hazardous Substance arose from or is related to activities, operations or practices attributable to Supplier’s conduct under this Agreement. 
  

	8.7	[Intentionally Left Blank ] 

  

	8.8	Indemnification Procedure. 

 (a) Indemnification Procedure for
Third Party or Governmental Authority Claims. 
 The obligations and liabilities of each Party with respect to all items indemnified against under this
Agreement and which are initiated by a Governmental Authority or a Third Party (“Indemnification Claim”) shall be subject to the following terms and conditions. 
 (1) Upon notice of a Indemnification Claim asserted against, resulting to, imposed upon or incurred by one or more of the Purchaser Indemnitees or the Supplier Indemnitees, as the case may be (the “Indemnified
Party”), the Indemnified Party shall promptly give written notice to the other Party (the “Indemnifying Party”) of the Indemnification Claim; provided however, that no delay on the part of the Indemnified Party shall relieve the
Indemnifying Party from any liability or obligation hereunder unless (and only to the extent) the Indemnifying Party is materially prejudiced by such failure to give notice. Promptly upon receiving a written notice of an Indemnification Claim, the
Indemnifying Party shall undertake the defense thereof by counsel of its own choosing, which counsel shall be reasonably satisfactory to the Indemnified Party, provided that if, in the Indemnified Party’s and the Indemnifying Party’s
reasonable judgment, a conflict of interest may exist between the Indemnified Party and the Indemnifying Party with respect to such Indemnification Claim, or if the Indemnifying Party does not promptly defend such Indemnification Claim, such
Indemnified Party shall be entitled to undertake the defense, and to compromise or settle such Indemnification Claim on behalf of and for the account and at the risk of the Indemnifying Party to the extent that the Indemnifying Party is determined
to be obligated to indemnify the Indemnified Party under this Agreement with respect to such Indemnification Claim. The written notice of the Indemnification Claim by the Indemnified Party shall contain all material information known to the
Indemnified Party with respect to the Indemnification Claim and shall include copies of materials submitted to the Indemnified Party by the relevant Third Party or Governmental Authority with respect to the Indemnification Claim. 
  

 21 

 (2) If the Indemnifying Party elects to undertake and diligently pursue the defense of a Indemnification
Claim hereunder, and acknowledges in writing its duty to provide full indemnification to the Indemnified Party regarding such Indemnification Claim, the Indemnifying Party shall control all aspects of the defense and settlement of such
Indemnification Claim and may settle, compromise or enter into a judgment with respect to such Indemnification Claim; provided that the Indemnifying Party shall not enter into any such settlement, compromise or judgment without the prior written
consent of the Indemnified Party if it would result in the imposition of any non-monetary liability or obligation on the Indemnified Party. If the Indemnified Party undertakes the defense of a Indemnification Claim hereunder, it shall not settle,
compromise or enter into any judgment with respect to a Indemnification Claim for which it is seeking or shall seek indemnification hereunder without the prior written consent of the Indemnifying Party, which shall not be unreasonably withheld.

 (3) The Indemnified Party shall provide the Indemnifying Party with access to all reasonably requested records and documents of the
Indemnified Party relating to any Indemnification Claim, other than documents for which the Indemnified Party has claimed or shall claim a legal privilege. 
 (b) Procedures Relating to Non-Third Party or Governmental Claims. 
 In order for an Indemnified Party to be entitled to any
indemnification provided for under this Agreement with respect to a claim that does not involve a Third Party or Governmental Authority being asserted against or sought to be collected from such Indemnified Party, the Indemnified Party shall deliver
notice of such claim with reasonable promptness to the Indemnifying Party. The failure by any Indemnified Party to so notify the Indemnifying Party shall not relieve the Indemnifying Party from any liability that it may have such Indemnified Party
under this Agreement, except to the extent that the Indemnifying Party shall have been materially prejudiced by such failure. 
  

	8.9	No Consequential Damages. Notwithstanding anything to the contrary contained in this Agreement, under no circumstance shall a Party or any of its Affiliates be held liable to
the other Party or any of the other Party’s Affiliates for any loss of profit, loss of use, loss of production, loss of contracts or for any other indirect or consequential damage that may be suffered by the other, or for any special, exemplary
or punitive damages. 

  

	8.10	Items from Third Parties. Any SUMF Items procured from a Third Party as indicated in the relevant Schedules will be provided by the Supplier to the Purchaser under the same
terms and conditions applicable between the Supplier and the Third Party, and the Supplier shall have no liability with respect to the supply or performance of such SUMF Items to the extent so supplied. 

  

 22 

	8.11	Survival of Indemnities. Any liability of each Party to the other under this Article 8 shall expire two years after the date on which the act giving rise to such Party’s
liability first occurred, and no claim, demand, action or proceeding shall be brought or initiated by the claiming Party thereafter, provided that the liability of a Party under Sections 8.3, 8.4, 8.5 and 8.6 shall not be so limited.

  

	8.12	Express Negligence Rule Notwithstanding. THE FOREGOING INDEMNITIES SET FORTH IN THIS ARTICLE 8 ARE INTENDED TO BE ENFORCEABLE AGAINST THE PARTIES IN ACCORDANCE WITH THE
EXPRESS TERMS AND SCOPE THEREOF NOTWITHSTANDING LOUISIANA’S EXPRESS NEGLIGENCE RULE OR ANY SIMILAR DIRECTIVE THAT WOULD PROHIBIT OR OTHERWISE LIMIT INDEMNIFICATION BECAUSE OF THE SIMPLE OR GROSS NEGLIGENCE (WHETHER SOLE, CONCURRENT, ACTIVE OR
PASSIVE) OR OTHER FAULT OR STRICT LIABILITY OF ANY OF THE INDEMNIFIED PARTIES. THE EXCLUSIVE REMEDY OF ANY PARTY HERETO WITH RESPECT TO AN INDEMNIFIABLE CLAIM PROVIDED BY THIS AGREEMENT SHALL BE LIMITED TO THE INDEMNIFICATION PROVISIONS SET
FORTH IN THIS AGREEMENT. EACH OF THE PARTIES, ON BEHALF OF ITSELF AND ITS AFFILIATES, HEREBY WAIVES AND RELEASES THE OTHER PARTY FROM, TO THE FULLEST EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHTS, CLAIMS AND CAUSES OF ACTION FOR INDEMNIFICATION
IT OR ITS AFFILIATES MAY HAVE AGAINST THE OTHER PARTY HERETO EXCEPT AS EXPRESSLY PROVIDED HEREIN. 

  

	8.13	No Third Party Beneficiaries. The provisions of this Article 8 are for the benefit of the Purchaser Indemnitees and the Supplier Indemnitees and no other party shall be
entitled to any benefit of the provisions of this Article 8. 

 ARTICLE 9 
 TERM AND TERMINATION 
  

	9.1	This Agreement shall be of full force and effect on and from the date hereof and shall continue for an initial term of sixteen (16) years from the Effective Date and shall be
automatically renewed thereafter for extension terms of five (5) years each, unless terminated earlier as provided for in this Agreement. 

  

	9.2	RPP may, in addition to its other remedies, terminate this Agreement in its entirety in any of the following circumstances: 

  

	 	(a)	if a Bankruptcy Event occurs and is continuing in relation to Shell and Shell does not provide adequate assurances to RPP within thirty (30) days of the occurrence of the
Bankruptcy Event that Shell will continue to provide all SUMF Items to RPP on the terms and conditions of this Agreement; and 

  

 23 

	 	(b)	if for reason other than Force Majeure, Shell conducts its operations in a manner reasonably believed to be unsafe to either life, health, property or the environment so as to
disrupt RPP’s business conducted at the Site or subject RPP to material HSE risks or material risks of violation of governmental requirements, fines, penalties, Third Party claims or claims by its employees, and such conduct continues for more
than ten (10) business days after ninety (90) days prior written notice by RPP to Shell; provided, however that if Shell is conducting its operations in compliance in all material respects with HSE laws, its operations will be presumed to
be safe; 

  

	 	(c)	with at least twenty-four (24) months prior written notice, or if that is impossible, with as much notice as possible under the circumstances, and in any event promptly after
RPP has made such decision, if RPP decides to cease operations of all or substantially all of its SUMF Assets at the Site, subject to the right to lease set forth in Section 18.3 of the Second Norco Ground Lease and Grant of Servitudes between
Shell Chemical LP and Resolution Performance Products LLC, dated as of November 1, 2004.; 

  

	 	(d)	with at least three (3) years prior written notice, effective at the end of the initial sixteen (16) year term or at the end of any five (5) year extension term, as
the case may be; 

  

	 	(e)	if Shell without proper justification fails to pay any undisputed SUMF Charge within three (3) months of the date when such payment became due, and such failure continues
thereafter for a period of sixty (60) days after written notice from RPP. 

  

	9.3	The Purchaser may, in addition to other remedies, terminate this Agreement as to an individual SUMF Item in any of the following circumstances: 

  

	 	(a)	if a Bankruptcy Event occurs and is continuing in relation to the Supplier and the Supplier does not provide adequate assurances to the Purchaser within thirty (30) days of the
occurrence of the Bankruptcy Event that the Supplier will continue to provide the particular SUMF Item to the Purchaser on the terms and conditions of this Agreement; 

  

	 	(b)	if, for reasons other than Force Majeure, a SUMF Item is not properly supplied by the Supplier within specifications and such failure continues for more than ten (10) business
days after thirty (30) days prior written notice from the Purchaser to the Supplier; 

  

 24 

	 	(c)	with such notice period as is provided in the Schedules; and 

  

	 	(d)	with at least thirty (30) days’ prior written notice, upon the occurrence during any twelve (12) month period of three (3) Force Majeure events other than Force
Majeure events caused by Acts of God including Acts of God affecting any supplier or Vendor to Supplier with respect to such SUMF Item. 

  

	9.4	Shell may terminate this Agreement in its entirety in any of the following circumstances: 

  

	 	(a)	if a Bankruptcy Event occurs and is continuing in relation to RPP and RPP does not provide adequate assurances to Shell within thirty (30) days of the occurrence of the
Bankruptcy Event that RPP will continue to provide all SUMF Items to Shell on the terms and conditions of this Agreement; 

  

	 	(b)	if for reason other than Force Majeure, RPP conducts its operations in a manner reasonably believed to be unsafe to either life, health, property or the environment so as to disrupt
Shell’s business conducted at the Site or subject Shell to material HSE risks or material risks of violation of governmental requirements, fines, penalties, Third Party claims or claims by its employees, and such conduct continues for more than
ten (10) business days after ninety (90) days prior written notice by Shell to RPP; provided, however that if RPP is conducting its operations in compliance in all material respects with HSE laws, its operations will be presumed to be
safe; 

  

	 	(c)	with at least twenty-four (24) months prior written notice, or if that is impossible, with as much notice as possible under the circumstances, and in any event promptly after
Shell has made such decision, if Shell decides to cease operations of all or substantially all of its SUMF Assets at the Site 

  

	 	(d)	with at least three (3) years prior written notice, effective at the end of the initial sixteen (16) year term or at the end of any five (5) year extension term, as
the case may be; and 

  

	 	(e)	if RPP without proper justification fails to pay any undisputed SUMF Charge within three (3) months of the date when such payment became due, and such failure continues
thereafter for a period of sixty (60) days after written notice from Shell. 

  

	9.5	Upon termination of this Agreement hereunder, the Parties, acting reasonably and in good faith, shall negotiate for the continued provision of the SUMF Items described in Schedules
3.2 C,3.2 D, and 3.1 F on commercially competitive terms and conditions, including price which shall in any event be sufficient to provide Supplier with full recovery of its cash costs plus a return on capital and capital reimbursement consistent
with the other SUMF infrastructure charges contained in this Agreement. 

  

 25 

	9.6	The Supplier may, in addition to other remedies, terminate this Agreement as to an individual SUMF Item in any of the following circumstances: 

  

	 	(a)	if a Bankruptcy Event occurs and is continuing in relation to the Purchaser and the Purchaser does not provide adequate assurance of continued payment to the Supplier of the SUMF
Charges relating to such SUMF Item within thirty (30) days of the occurrence of the Bankruptcy Event; 

  

	 	(b)	if the Purchaser fails to pay any undisputed SUMF Charge for an individual SUMF Item within three (3) months of the date when such payment fell due, and such failure continues
for an initial period of at least sixty (60) days after written notice from the Supplier; and 

  

	 	(c)	with such notice period as is provided in the Schedules. 

 In the event the Supplier ceases to provide any SUMF Item described in Schedules 3.2 C, 3.2 D, and 3.1 F during the six-year period following the Effective Date as a result of its cessation of operations of all or substantially all of its
SUMF Assets at the Site or its cessation of supply to the entire Site of such SUMF Item, the Supplier shall continue to provide the Purchaser with such SUMF Items for the balance of the six-year period on a basis which is the economic equivalent of
the Supplier’s supply to the Purchaser of such SUMF Items prior to the Supplier’s cessation of operations or supply. The manner in which the Supplier continues to provide such SUMF Items on an economically equivalent basis shall be within
the Supplier’s sole discretion and may include the transfer by the Supplier of SUMF Assets, the assignment of all or part of this Agreement to Third Parties, the building of alternative assets and the procurement of comparable items from Third
Parties. 
  

	9.7	Any termination of this Agreement, in whole or in part, including the termination of an individual SUMF Item, shall be final, and neither Party shall have the right to resumption of
the terminated SUMF Item under this Agreement or another agreement. 

  

	9.8	Termination of this Agreement under this Article 9 shall not affect the rights and obligations of the Parties accrued to the date of termination and provisions of Articles 5 and 6
(as to audit and dispute rights), 8, 9.5, 9.7, 9.8, 9.9, 9.10, 9.11, 10, 11, 18, and 26, which shall continue in full force and effect. 

  

	9.9	Within 60 days after termination of this Agreement, the Supplier shall provide a final reconciliation. Any overcharges or undercharges shall be paid by the Party owing the same
within twenty (20) days following the final reconciliation (after any required adjustments have been made). The final recalculation shall be broken down in sufficient detail as the Purchaser may reasonably request and as the Supplier can
reasonably provide. From the due date of the reconciliation payment, interest will accrue at the Interest Rate. The Parties shall meet to resolve any dispute relating to the final reconciliation in accordance with Article 18.

  

 26 

	9.10	Any termination of this Agreement, either in whole or in part, and termination of any individual SUMF Item shall be without prejudice to the accrued rights and liabilities of the
Parties at the time of such termination and all provisions of this Agreement necessary for the full enjoyment thereof shall survive termination for the period so necessary. 

  

	9.11	If there is a dispute regarding the termination of this Agreement or a SUMF item under Sections 9.2, 9.3, 9.4 or 9.6, no termination shall occur until sixty (60) days following
resolution of the dispute (i) under Article 18 or Section 6.2 (f), as applicable or (ii) by written agreement of the Parties. 

  

	9.12	Upon the termination in advance of the end of the initial or any extension term of a SUMF Item, the Party terminating the SUMF Item shall physically disconnect from that SUMF
Item’s delivery system in the time and manner instructed by the Supplier and the terminating Party shall pay the costs associated with the physical disconnection. Each Party agrees to cooperate with the other Party in order to facilitate
disconnection and minimize disconnection costs. In no event shall the Supplier be obligated to pay any start up costs of either Party to replace the discontinued SUMF Item. 

 ARTICLE 10 
 INTELLECTUAL PROPERTY RIGHTS 
  

	10.1	Neither this Agreement nor the performance by any of the Parties of its duties hereunder shall operate to convey, license or otherwise transfer from one Party to another any patent,
know-how, trade secrets or other intellectual property rights. 

  

	10.2	The copyright, property and any other industrial property rights in any Confidential Record or other material supplied under this Agreement shall, in the absence of any express
provision to the contrary thereon, remain with the disclosing Party. 

 ARTICLE 11 
 CONFIDENTIALITY 
  

	11.1	Subject to Section 11.2, each Party shall treat as strictly confidential (and shall not disclose) all information received or obtained as a result of entering into or
performing this Agreement which relates to: 

  

	 	(a)	the provisions of this Agreement; 

  

	 	(b)	the negotiations relating to this Agreement; 

  

	 	(c)	the performance of this Agreement; 

  

 27 

	 	(d)	the other Party or any aspect of its business or operations; or 

  

	 	(e)	the subject matter of this Agreement. 

  

	11.2	Either Party may disclose information which would otherwise be confidential if and to the extent: 

  

	 	(a)	required by the law of any jurisdiction to which the disclosure is subject; 

  

	 	(b)	required by any securities exchange or agency to which either Party is subject, wherever situated, whether or not the requirement has the force of law; 

  

	 	(c)	disclosed on a strictly confidential basis to the professional advisers or auditors of the Party or to any actual or potential bankers or financiers of that Party;

  

	 	(d)	disclosed on a strictly confidential basis to an Affiliate or Affiliates; 

  

	 	(e)	disclosed on a strictly confidential basis to bona fide potential purchasers of a proprietary interest or bona fide potential or actual operator of any of the RPP Facilities or the
Shell facilities; 

  

	 	(f)	disclosed to the corporate shareholders or other equity owner of the Parties; 

  

	 	(g)	that the information is already known to the Party at the time of disclosure by the disclosing Party through no fault of that Party; 

  

	 	(h)	that the information has come into the public domain through no fault of that Party; 

  

	 	(i)	disclosed in order to seek enforcement of, or to defend, the contractual rights or obligations of a Party under this Agreement, any Transaction Document or other related agreement
or to satisfy an obligation or duty under this Agreement; or 

  

	 	(j)	that the other Party has given prior written approval to such disclosure. 

  

	11.3	The restrictions contained in Article 11.1 shall continue to apply for one (1) year after (i) the termination of this Agreement, or (ii) the termination of an
individual SUMF Item, but only as to information relating to such SUMF Item. 

 ARTICLE 12 
 ADDITIONAL SUMF AND CAPITAL IMPROVEMENTS TO SUMF ASSETS 
  

	12.1	 Purchaser may submit from time to time to Supplier written requests for Supplier to undertake capital improvement projects relating to the supply of SUMF Items. Any
such 

  

 28 

	 	 
requests shall specify in reasonable detail the capital improvements to be made, any permits that may be required, the estimated cost of such capital
improvements, any proposed changes to this Agreement, and any other relevant information relating to such capital improvement project. Supplier agrees that it will consider in good faith any such request, but Supplier shall have no obligation to
agree to undertake any such capital improvement project and may reject any request by Purchaser. Supplier shall provide Purchaser a written explanation for the rejection. If Supplier agrees to undertake any such capital improvement project,
Purchaser shall be responsible for all costs associated with such project, without duplication of other amounts paid or payable by Purchaser under this Agreement, including (a) the cost of completing the capital improvements,
(b) Supplier’s costs and expenses incurred in connection with such project, and (c) any increased costs of operation suffered by Supplier as a result of such project, provided, however, that if other persons receive any of the
benefits of such capital improvement project, such other persons shall bear their respective pro rata shares of all costs associated with such project (based upon and only to the extent of the relative benefits received by them), and the
Purchaser’s costs with respect thereto shall be reimbursed by the Supplier as, when, if and to the extent savings are received or as, when , if and to the extent the other person utilizes such benefits. 

 Notwithstanding anything contained herein to the contrary, the Purchaser shall not be required to seek increased capacity from the Supplier and shall have
the right to satisfy its needs, if any, for increased capacity from other persons, consistent with Legal Requirements and the rights of the Parties under this Agreement. 
  

	12.2	If a capital improvement to a SUMF Asset would not be otherwise required by applicable law or regulation but for the presence of Purchaser’s process or products or by-products,
the Purchaser shall be required to pay one hundred percent of the costs for the mandated improvement to any SUMF Asset, provided, however, that if any other person receives any of the benefits of the capital improvement, then such other persons
shall bear their respective pro rata shares of all costs associated with such capital improvement (based upon and only to the extent of the relative benefits received by them), and the costs which the Purchaser would otherwise be required to pay
shall be reimbursed by the Supplier as, when, if and to the extent savings are received or as when, if, and to the extent the other persons utilize such benefits accordingly. 

 ARTICLE 13 
 DAMAGE TO SUMF ASSETS 
  

	13.1	If the owner does not timely restore a damaged SUMF Asset, the other Party may at its discretion take such other reasonable measures as are necessary or useful to find an
alternative source for any relevant SUMF Item or its equivalent for the benefit of all Users on a temporary basis until such restoration is complete. 

  

 29 

	13.2	A Party who causes damage to a SUMF Asset as a result of its own Gross Negligence or Wilful Misconduct shall be responsible for any incremental costs of such alternative SUMF Items
so that the Users of such SUMF Items other than such responsible Party or its Affiliates pay the same amount for such SUMF Items during such temporary period as such Users paid prior to the damage or destruction of the relevant SUMF Assets.

 ARTICLE 14 
 METERING OR ALLOCATION OF SUPPLY, CONSUMPTION AND DELIVERY 
  

	14.1	The quantities of certain SUMF Items supplied hereunder shall be measured by allocation or by a meter or other appropriate device (the “Meter”) located at or near
the Delivery Point(s) specified in Schedules 3.1 and 3.2. The Meter shall be installed, owned and operated at the expense of the Party indicated in the applicable schedules as the Meter owner. The Meter owner shall read the Meter on a regular
basis as described in Schedule 14.1 and shall promptly advise the other Party in writing of the reading. Such readings shall form the basis for preparing the Supplier’s invoices pursuant to Articles 4, 5 and 6. 

 

	14.2	The Parties acknowledge that the Meters are not normal custody transfer meters. The Meter owner shall, at its expense, perform normal maintenance procedures to maintain the accuracy
of its Meters. Each Meter shall be tested for accuracy and calibrated regularly per industry standards as specified in the applicable Schedule by the Meter owner at its expense. The Meter owner shall give the other Party a written schedule of
calibration test times, and the other Party shall have the right to have its representative present to observe each calibration test. If the other Party desires to conduct more frequent calibration tests, such Party may request that more frequent
tests be conducted, in which case the Meter owner will perform or cause to be performed such tests at the other Party’s expense. 

  

	14.3	Following any calibration test made pursuant to this Article 14, the Meter owner at its expense shall restore an inaccurate component to a condition of accuracy or replace such
component as soon as reasonably practical. If the level of inaccuracy exceeds that specified in the applicable Schedule, the readings affected by said component shall be corrected by the amount of the inaccuracy for the period which is definitely
known to be affected by such inaccuracy. If the period is not definitely known and is not mutually agreed upon, the correction shall be made for a period one-half of the time elapsed between the last prior calibration test and the date the
inaccuracy is corrected. Adjustments to a previously issued incorrect invoice shall be made promptly by the Supplier. 

  

	14.4	The Parties acknowledge that special metering problems may arise which can be resolved by procedures other than those described in this Article 14. The Parties may, by mutual
consent, establish special procedures for a specific problem or accept delivery quantities in a manner not described herein. Mutual consent for acceptance of one special procedure or delivery quantity will not set aside the provisions of this
Article 14, nor imply acceptance by either Party of any special provision at a future time. 

  

 30 

	14.5	Should the Supplier or the Purchaser fail to obtain suitable measurement results from the Meter pursuant to Section 14.2, the quantities of that SUMF Item provided during the
period in question shall be calculated by the other Party in the event that the other Party has installed its own check meter and it has been calibrated according to this Article 14 within ninety (90) days of the period in question. In the
event that neither Party has obtained suitable measurement results, the amount of the relevant SUMF Item supplied in the period in question shall be estimated, using the average of delivered quantities for a period of time agreed upon by both
Parties, or by any other means mutually agreed upon by both Parties. If a Party installs a check meter, the other Party shall have the right to have its representative at any calibration test of the check meter. A Party installing a check meter
shall perform all maintenance and calibration tests of the check meter at its own expense, and shall furnish the other Party with all readings obtained from the check meter. 

  

	14.6	For Delivery Points where no Meter exists, allocation methods are set forth in the applicable Schedule. The Monitoring Committee shall have the authority to update and/or correct
any allocation method, with any corrections to be adjusted prospectively. Either Party may, at its own expense, install a Meter in lieu of allocation unless a specific schedule states to the contrary. 

  

	14.7	Line losses shall be determined by engineering calculations. Line losses for each billing period will be assigned to all Users in proportion to their consumption during such period,
whether metered or allocated/estimated. Any remaining differences (imbalances) between SUMF production and the amount consumed, as so adjusted for line losses, will also be assigned to all Users in proportion to their consumption during such period,
whether metered or allocated/estimated, provided, that the amount of such imbalance assigned to metered use shall not exceed the product of (x) the mutually agreed tolerance percentage of each such meter and (y) the amount consumed during
such period as measured by such meter and any excess of such imbalance over the amount so assigned to metered use will be assigned to non-metered use in proportion to allocated/estimated consumption of such non-metered use during such period.

 ARTICLE 15 
 MONITORING COMMITTEE 
  

	15.1	Shell and RPP shall jointly establish a committee (the “Monitoring Committee”) to review the operation of this Agreement and the supply of SUMF hereunder in an effort to
ensure the smooth and efficient operation of this Agreement. The Monitoring Committee shall comprise one representative from RPP and one representative from Shell. In addition, other representatives that the Parties may reasonably require shall
attend at and report to meetings of the Monitoring Committee. 

  

 31 

	15.2	The Monitoring Committee shall meet no less than once every six (6) months throughout the duration of this Agreement (other than where the Parties agree that such a periodic
meeting is not necessary) and as otherwise reasonably requested by a Party. 

  

	15.3	The Monitoring Committee shall use all reasonable endeavors to resolve issues raised by any of the Parties in respect of the operation of this Agreement and the supply of SUMF
hereunder. The Monitoring Committee shall review the performance of the Parties in the supply and receipt of SUMF Items under this Agreement and shall consider any agreed improvement plans. 

  

	15.4	The Monitoring Committee shall have the authority to develop modifications or amendments to the Exhibits and Schedules to this Agreement on behalf of the Parties, however, to become
effective any such modifications or amendments must be put in writing and be duly signed by the Parties. The Monitoring Committee shall, as needed to implement this Agreement, develop mutually agreed protocols and administrative procedures.

 ARTICLE 16 
 MISCELLANEOUS 
  

	16.1	Both Parties shall perform their respective duties under this Agreement (i) following standards applied by the industry in similar operations and in keeping with good industry
practice and in compliance with Legal Requirements in all material respects, and (ii) in a manner each Party reasonably believes to be fair to the other and with such care as an ordinarily sound business person in a like position would use
under similar circumstances. 

  

	16.2	The Parties shall keep each other timely informed about planned turnarounds, shutdowns, major technical projects, capital expenditures and any other major events which in each case
are relevant to the supply or cost of any SUMF Item and/or the operation of the Purchaser’s Property. The Parties shall keep each other timely informed of any adjustments or changes to these plans. The Parties shall take reasonable efforts
within such Party’s control so as to minimize the impact to the other Party of any planned turnaround, shutdown, major technical project, capital expenditure and any other event which may adversely impact the supply of SUMF Items, without
prejudice to the needs of the other users or to health, safety and environmental standards. 

 Every two (2) years, or as
often as either Party may reasonably require, the Monitoring Committee will review the overall effectiveness of this Agreement and will discuss possible opportunities for improvement. 
 The Parties stipulate that some of the SUMF Items may be supplied to the Purchaser by Third Parties. The Supplier’s ability to supply a particular
SUMF Item is conditioned on the receipt of all or part of such SUMF Item from the Third Party. The Supplier agrees to enforce any Third Party supply contract in order to provide the SUMF Items hereunder and all costs incurred in such enforcement
shall be Variable Costs. 
  

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 The Supplier agrees to make available all procedures, policies, rules and regulations utilized in
connection with the providing of any SUMF Item. 
 ARTICLE 17 
 FORCE MAJEURE 
  

	17.1	A Party will not be in breach of this Agreement (except for obligations to pay money which would otherwise be due and payable under this Agreement) to the extent:

  

	 	(a)	performance by the Party is delayed or prevented by Force Majeure; 

  

	 	(b)	the Party claiming relief under this Article promptly notifies the other Party of the circumstances giving rise to Force Majeure and their anticipated duration; and

  

	 	(c)	the Party so claiming relief undertakes to use its reasonable efforts to remedy and overcome the cause of such Force Majeure as promptly as possible. 

  

	17.2	Upon remedying or overcoming the circumstances giving rise to Force Majeure, the Party claiming relief under this Article shall promptly notify the other Party of the termination of
such Force Majeure condition. 

  

	17.3	If the Force Majeure in question prevails for a continuous period in excess of thirty (30) days after the date on which the Force Majeure begins, the Parties shall consult
together with a view to determining mutually acceptable measures to overcome the difficulties arising therefrom. 

  

	17.4	“Force Majeure” means, in relation to either Party, an event, condition or circumstance which causes a delay or disruption in the performance by such Party of any of its
obligations under this Agreement which is beyond the reasonable control of that Party, including: (a) fire, explosion or other disruption, mechanical breakdown, electrical shortage or blackout, decline or shortages of supply, and circumstances
arising out of failure or malfunction of computer systems, failure of malfunction of digital devices or components thereof; (b) lock-outs, strikes and other industrial disputes; or (c) Legal Requirements. 

 For the avoidance of doubt, the settlement of a labor strike, lockout or any other kind of labor dispute is not within the reasonable control of the Party affected, and
the requirements of this Article shall not oblige that Party to settle a strike, lockout or other labor dispute on terms contrary to its wishes. 
  

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 ARTICLE 18 
 DISPUTE RESOLUTION 
  

	18.1	Any Dispute arising out of or in connection with this Agreement, excluding invoice Disputes subject to Section 6.2(f) but including any question regarding the existence,
validity or termination of this Agreement, shall be exclusively processed in accordance with this Article. 

  

	18.2	In the event of a Dispute between the Parties, the Parties shall, within ten (10) days of a written request by either Party to the other Party, meet in good faith to resolve
such dispute or differences. 

  

	18.3	Any Dispute which cannot be resolved by the Parties shall be submitted to the Monitoring Committee which shall endeavor to amicably resolve the Dispute. The Parties shall provide
the Monitoring Committee with such information as it reasonably requires to enable it to determine the issues relevant to the Dispute. 

  

	18.4	Any Dispute which cannot be resolved by the Monitoring Committee shall be submitted to the Steering Committee which shall endeavor to amicably resolve the Dispute. The Parties shall
provide the Steering Committee with such information as it reasonably requires to enable it to determine the issues relevant to the Dispute. 

  

	18.5	Any Dispute which cannot be resolved by the Steering Committee shall be submitted to mediation before a mediator selected by the Steering Committee. The Parties shall bear their own
costs for mediation and the cost of the mediator shall be borne equally. 

  

	18.6	If the Parties are unable to select a mediator within fifteen (15) days or if the Dispute is not resolved as a result of the mediation within sixty (60) days (or such
other period as may be agreed by the Parties), either Party may submit the matter to arbitration for final, binding and exclusive settlement by three arbitrators in accordance with the UNCITRAL Arbitration Rules, with the President of the ICC Court
of International Arbitration to act as the appointing authority, such arbitration to be held in New Orleans, Louisiana. Any arbitration decision pursuant to this Article 18 shall be final and binding upon the parties and judgment thereon may be
entered in any court of competent jurisdiction. Costs incurred by the Parties in carrying on any arbitration proceeding hereunder (including reasonable attorneys’ fees and arbitration fees) shall be borne by the nonprevailing Party or
apportioned by the arbitrator based on fault. 

  

	18.7	Pending resolution of any dispute between the Parties, the Parties shall continue to perform in good faith their respective obligations under this Agreement based upon the last
agreed performance demonstrated prior to the dispute, but in all events to protect HS&E. 

  

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	18.8	Resolution of any dispute between the Parties involving payment of money by one Party to the other shall include payment of interest at the Interest Rate from the original due date
of such amount. 

  

	18.9	Each Party shall, in addition to all rights provided herein or provided by law, be entitled to the remedies of specific performance and injunction to enforce its rights hereunder.

 ARTICLE 19 
 FURTHER ASSURANCE 
  

	19.1	Each Party shall at its own cost, from time to time on request, execute or procure the execution of all documents in a form satisfactory to the other Party which the other Party may
reasonably consider necessary for: 

  

	 	(a)	giving full effect to this Agreement; and 

  

	 	(b)	securing to the other Party the full benefit of the rights, powers and remedies conferred upon the other Party in this Agreement. 

 ARTICLE 20 
 COSTS AND EXPENSES

 Save as otherwise stated in this Agreement, each Party shall pay its own costs and expenses in relation to the negotiation, execution
and carrying into effect of this Agreement. 
 ARTICLE 21 
 ASSIGNMENT AND DELEGATION 
  

	21.1	RPP shall be entitled to assign this Agreement to any Affiliate or to a lender or lenders for security purposes so long as such lender is a bona fide financial institution with a
business which includes lending money and with a net worth in excess of One Hundred Million Dollars, without the prior written consent thereto of Shell (and such lender or lenders shall have the right (without such prior written consent) to further
assign this Agreement in connection with the exercise of their rights and remedies pursuant to such security agreements). Any assignment of the Agreement by RPP to a Third Party shall require the consent of Shell, such consent not to be unreasonably
withheld or delayed. 

  

	21.2	Shell shall be entitled to assign this Agreement to any Affiliate or successor in interest without the prior written consent thereto of RPP. Any assignment of the Agreement by Shell
to a Third Party other than as set out above shall require the consent of RPP, such consent not to be unreasonably withheld or delayed. 

  

 35 

	21.3	Any assignment of this Agreement shall not relieve a Party of its obligations or liability hereunder absent consent by the other Party. 

  

	21.4	Each Party agrees to execute and deliver to the other Party and, if applicable its lenders, recognition and estoppel agreements which will state the status of this Agreement as to
whether a default exists and will recognize any third party rights. 

  

	21.5	A Supplier of a SUMF Item may at its discretion procure from its Affiliates or any Third Party certain information, advice, services and SUMF Items which it is obliged to render or
perform under this Agreement, or may delegate to any Affiliate or Third Party the performance of its rights and obligations under this Agreement, in order to assist the Supplier in the efficient execution of this Agreement provided that the person
or company to whom delegation is made shall be capable of rendering the services, and provided further that charges the Purchaser pays for such delegated or assigned SUMF Item do not exceed the SUMF Charges described in this Agreement.

 ARTICLE 22 
 SEVERABILITY 
  

	22.1	If any of the provisions of this Agreement is or becomes illegal, void or unenforceable under the law of any jurisdiction, such provision shall be deemed to be deleted from this
Agreement and the remaining provisions of this Agreement shall remain and continue in full force and effect. In such event, this Agreement shall be modified to provide the same benefits and burdens (including economic) that would have been provided
had this provision been deleted. In the event that the Parties cannot agree on modifications, the dispute shall be resolved pursuant to Article 18. 

  

	22.2	The invalidity of one or more provisions of this Agreement shall not affect: 

  

	 	(a)	the legality, validity or enforceability in that jurisdiction of any other provision of this Agreement; or 

  

	 	(b)	the legality, validity or enforceability under the law of any other jurisdiction of that or any other provision of this Agreement. 

 ARTICLE 23 
 NO AGENCY OR PARTNERSHIP

 Nothing contained in this Agreement and no actions taken by the Parties under this Agreement shall constitute a partnership, joint
venture, association or other co-operative entity between the Parties or to authorize either Party to represent the other or to contract on behalf of the other Party. The Supplier is acting solely as an independent contractor and is not an agent of
the Purchaser. The Supplier’s provision of services and performance of its duties hereunder shall be under the sole supervision, control and direction of the Supplier and not the Purchaser. 
  

 36 

 ARTICLE 24 
 REMEDIES AND WAIVER 
  

	24.1	The delay or failure of either Party at any time in exercising any right, power or remedy provided by law or under this Agreement shall in no way: 

  

	 	(a)	affect that right, power or remedy; or 

  

	 	(b)	operate as a waiver of it. 

  

	24.2	The single or partial exercise of any right, power or remedy provided by law or under this Agreement shall not preclude any other or further exercise of it or the exercise of any
other right, power or remedy. 

 The rights, powers and remedies provided in this Agreement are cumulative and not exclusive of
any rights, powers and remedies provided by law. 
 Shell and RPP each acknowledges that it has had adequate opportunity and bargaining
strength to review, negotiate and revise this Agreement. They each expressly agree that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting Party shall not be employed in the interpretation of
this Agreement. 
 ARTICLE 25 
 ENTIRE AGREEMENT AND VARIATION 
  

	25.1	Except as herein set forth, this Agreement constitutes the entire and only agreement between the Parties relating to the furnishing of SUMF Items by the Parties at the Site and
supersedes any Pre-contractual Statement. 

  

	25.2	Each of the Parties acknowledges on its own behalf and on behalf of each of its Affiliates that, in agreeing to enter into this Agreement, it has not relied on any Pre-contractual
Statement (except those set out in this Agreement). 

  

	25.3	Each Party waives all rights and remedies which, but for this Article, might otherwise be available to it in respect of any such Pre-contractual Statement, provided that nothing in
this Article shall limit or exclude any liability for fraud. 

  

	25.4	Any amendment or modification of this Agreement shall be ineffective unless reduced to writing and signed by or on behalf of a duly authorized representative of both Parties.

  

 37 

 ARTICLE 26 
 NOTICES 
  

	26.1	All notices, requests, waivers, demands, directions and other communications required or permitted to be given under this Agreement shall be in writing and in English and shall be
delivered personally, sent by facsimile transmission, or e-mail, sent by nationally recognized overnight courier or mailed by registered or certified mail (return receipt requested), postage prepaid, to the Parties at their addresses set forth in
the introductory paragraphs of this Agreement and Exhibit A attached hereto (or such other address for a Party as shall be specified by like notice form such Party to the other Party). All such notices and other communications shall be deemed to
have been given and received, (i) in the case of personal delivery, delivery by facsimile transmission or e-mail, on the date of delivery, if delivered during business hours on a business day or, if not so delivered, the next succeeding
business day (ii) in the case of delivery by nationally recognized overnight courier, on the second business day following dispatch and (iii) in the case of mailing, on the fifth business day following such mailing.

  

	26.2	A Party may change its notice details on giving notice to the other Party of the change in accordance with this Article 26. That notice shall only be effective on the date falling
three (3) Business Days after the notification has been received or such later date as may be specified in the notice. Any such notice so delivered will comply with the terms of this Article 26. 

 ARTICLE 27 
 NO THIRD PARTY
BENEFICIARIES 
 Any agreement herein contained, express or implied, shall only be for the benefit of the Parties hereto and their
permitted successors and assigns, and such agreements shall not inure to the benefit of any other party whomsoever, it being the intention of the Parties hereto that no one shall be deemed to be a third party beneficiary of this Agreement.

 ARTICLE 28 
 GOVERNING
LAW 
 This Agreement shall be governed by and construed in accordance with the laws of the State of Louisiana, without regard to the
conflict of law provisions. 
 ARTICLE 29 
 COUNTERPARTS 
  

	29.1	This Agreement may be executed in any number of counterparts, and by the Parties on separate counterparts, but shall not be effective until each Party has executed at least one
counterpart. 

  

 38 

	29.2	Each counterpart shall constitute an original of this Agreement, but all the counterparts shall together constitute but one and the same instrument. 

 ARTICLE 30 
 TRUE UP OF FINAL INVOICE
OF SUMF AGREEMENT 
 The Parties shall “true up” the final invoice for SUMF Charges under the SUMF Agreement by offsetting the amounts
contained in the January 2004 estimate against the actual SUMF Charges contained in the final invoice. This “true up” shall include the cost collar described in Section 6.1 of the SUMF Agreement, except that the amount of
Purchaser’s share of such Fixed Operating Costs in the immediately preceding calendar year shall be reduced on a pro rata basis such that the costs billed for the first 10 months of 2004 are compared to 10/12 of the collar amount calculated for
2004 and as adjusted under Section 6.1 (c) of the SUMF Agreement. The Parties agree that the “true up” described above results in a payment by Shell to RPP of $57, 243.06, which Shell shall pay no later than December 19,
2004. The Parties further agree that such payment by Shell shall represent the final adjustment of all SUMF Charges and other costs incurred or to be paid by either Party under Articles 5, 6 and 7 of the SUMF Agreement, and that both Parties hereby
waive all rights to audit any invoice sent in connection with the SUMF Agreement including the final invoice referenced above. 
  

 39 

 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed as of the day and year first
above written. 
  

					
	 Signed by:
	 	SHELL CHEMICAL L.P.
			
		 	By:	 	  

		 	Name:	 	  

		 	Attorney-in-Fact
		
	 Signed by:
	 	RESOLUTION PERFORMANCE PRODUCTS LLC
			
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

  

 40 

 EXHIBIT A 
 INFORMATION 
  

	1.	The addresses, facsimile numbers, of the Parties are (Article 26): 

 Party 1: 
 Shell Chemical L.P. 
 Norco Chemical Plant 
 15536 River Road 
 P.O. Box 10 
 Norco, Louisiana 70079 
 Attn.: Chemical Plant Manager 
 Facsimile:
(504) 465-6310 
 with a copy to: 
 Shell Chemical L.P. 
 One Shell Plaza 
 910 Louisiana 
 Houston, Texas 77002 
 Attn.: Executive Vice President of Operational Excellence 
 Facsimile: (713) 241-6902 
 Party 2: 
 Resolution Performance Products LLC 
 Norco
Chemical Plant 
 16122 River Road 
 P.O. Box 10 
 Norco, Louisiana 70079 
 Attn.: Site Manager 
 Facsimile: 504-472-6686 
 with a copy to: 
 Resolution Performance
Products LLC 
 1600 Smith, 24th Floor 
 Houston, Texas 77002 
 Attn.: General Counsel 
 Facsimile:
(832) 366-2586 
  

 41 

	2.	The “Site” as referenced in Article 1 is described by the three attached plot plans: 

  

	 	•	 	 East Site plot plan as Attachment 1 

  

	 	•	 	 West Site plot plan attached as Attachment 2. 

  

	 	•	 	 St. Rose plot plan as Attachment 3 

  

	3.	The applicable Inter-Bank Offered Rate is (Article 1 under “Inter-Bank Offered Rate”): 

 Average 30-day LIBOR for the previous calendar month as reported in The Wall Street Journal 
  

	4.	Currency for payment of SUMF Charges (Article 6): US DOLLARS 

  

 42

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