Document:

Prepared by R.R. Donnelley Financial -- Form of Faba Supply Agreement

  Confidential treatment has been requested by 
   Constar International Inc. pursuant to Rule 406. 
   All non-public information has
been filed 
   with the Securities and Exchange Commission. 
   
 Exhibit 10.12 
  
  
 FABA PET BOTTLE SUPPLY AGREEMENT 
  
 THIS IS A FABA PET BOTTLE SUPPLY AGREEMENT (the
“Agreement”), dated as of                          , 2002, by and among Faba Sirma SPA, an indirect subsidiary
of Crown (“Supplier”) and Constar Plastics of Italy S.r.l., an indirect subsidiary of Constar (“Purchaser”). 
  
 Background 
  
 Supplier will supply directly to the Constar Customers on
Purchaser’s behalf and Purchaser will purchase from Supplier on the terms and conditions set forth herein, PET Bottles blown at Supplier’s facility in Reggio Emilia, Italy (the “Faba Facility”). 
  
 Terms 
  
 NOW, THEREFORE, in consideration of the mutual covenants herein and intending to be legally bound hereby, the parties hereto agree as follows: 
  
 ARTICLE I 
  
 DEFINITIONS 
  
 1.1.    Certain Definitions.  Capitalized terms not defined in this Agreement shall have the meanings
ascribed to them in the Corporate Agreement, dated as of the date hereof, between Crown and Constar. As used in this Agreement, the following terms shall have the respective meanings set forth below: 
  
 1.1.1. “AAA” has the meaning set forth in Section 7.4. 
  
 1.1.2.    “Affiliate” of any Person means any Person, directly or indirectly,
controlling, controlled by or under common control with such Person. 
  
 1.1.3.
“Agreement” has the meaning set forth in the preamble to the Agreement. 
  
 1.1.4.
“Bankruptcy Event” means with respect to any party, as applicable, (a) the making by such party of any assignment for the benefit of creditors of all or substantially all of its assets or the admission by such party in writing of
inability to pay all or substantially all of its debts as they become due; (b) the adjudication of such party as bankrupt or insolvent or the filing by such party of a petition or application to any tribunal for the appointment of a trustee or
receiver for such party or any substantial part of the assets of such party; or (c) the commencement of any voluntary or involuntary bankruptcy proceedings (and, with respect to involuntary bankruptcy proceedings, the failure to be discharged within
60 days), reorganization 
 

 
proceedings or similar proceeding with respect to such party or the entry of an order appointing a trustee or receiver or approving a petition in any such proceeding. 
  
   1.1.5. “Business Day” shall mean any day other than a Saturday, a Sunday or a day on which
banks in Rome, Italy are authorized or obligated by law or executive order to not open or remain closed. 
   
  1.1.6. “Constar” means Constar International Inc., a Delaware corporation. 
   
  1.1.7. “Constar Customers” has the meaning set forth in Section 2.1. 
   
  1.1.8. “Control,” “controlled by” and “under common control with”, as applied to any Person, means the possession, directly or indirectly, of the power to direct the vote of
a majority of the votes that may be cast in the election of directors (or other Persons acting in similar capacities) of such Person or otherwise to direct or cause the direction of the management and policies of such Person, whether through the
ownership of voting securities or by contract or otherwise. 
   
  1.1.9.
“Crown” means Crown Cork & Seal Company, Inc., a Pennsylvania corporation. 
   
  1.1.10. “Faba Facility” has the meaning set forth in the Background section of this Agreement. 
   
  1.1.11. “Force Majeure Event” has the meaning set forth in Section 6.4. 
   
  1.1.12. “Initial Term” has the meaning set forth in Section 6.1. 
   
  1.1.13. “Molds” has the meaning set forth in Section 5.1. 
   
 1.1.14. “Person” means an individual, a corporation, a partnership, an association, a governmental entity, a trust or other entity or organization. 
  
 1.1.15. “PET” shall mean polyethylene terephthalate. 
  
 1.1.16. “PET Bottles” means all PET Bottles blown at the Faba Facility as of the Initial Public Offering
Date, which types of PET Bottles are set forth, for the avoidance of doubt, on Schedule A hereto (the “Existing PET Bottles”). PET Bottles shall also include any other PET Bottles that are identified and mutually agreed upon
by Supplier and Purchaser after the Initial Public Offering Date from time to time (the “New PET Bottles”). 
  
 1.1.17. “Production Request” has the meaning set forth in Section 2.1. 
  
 1.1.18. “Purchaser” has the meaning set forth in the preamble to this Agreement. 
  
 1.1.19. “Release Request” has the meaning set forth in Section 2.1. 
 

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 1.1.20. “Supplier” has the meaning set forth in
the preamble to the Agreement. 
  
 1.1.21. “Term” has the meaning set forth in
Section 6.1. 
  
 1.1.22. “Transfer Date” has the meaning set forth in Section 5.1.

  
 ARTICLE II 
  
 PURCHASE OF REQUIREMENTS 
  
 2.1.     Purchase
Requirements. 
  
 (a)  Subject to the other provisions of this Article II, Purchaser
agrees to purchase from Supplier 100% of Purchaser’s requirements for PET Bottles for Purchaser’s customers specified on Schedule B hereto (the “Constar Customers”). 
  
  (b)  At least 31 days prior to the beginning of each year, Purchaser shall provide Supplier with a
non-binding forecast for the PET Bottles that it will purchase from Supplier during such year, which shall represent a good faith estimate of Purchaser’s requirements for PET Bottles for the Constar Customers. On or before the 15th day of each month, Purchaser shall submit a firm order for production during the following month (a
“Production Request”), which shall not exceed the maximum capacity of the Sidel SBO[***] blowing machine located at the Faba Facility, and a non-binding forecast for the following two months, which forecast shall represent a
good faith estimate of Purchaser’s requirements for such two months. Purchaser shall be deemed to purchase, and shall be responsible for payment to Supplier for, any PET Bottles blown by Supplier in response to a Production Request, regardless
of whether Purchaser submits a Release Request for such PET Bottles. In addition, to maximize utilization of the Faba Facility, Supplier may blow PET Bottles based upon Purchaser’s non-binding forecasts. If Purchaser provides its written
consent to such production, Purchaser shall be deemed to purchase, and shall be responsible for payment to Supplier for, any PET Bottles blown by Supplier in response to such forecast, regardless of whether Purchaser submits a Release Request for
such PET Bottles. At any time that Supplier is holding greater than 5 million PET Bottles in inventory at the Faba Facility in response to Production Requests or approved production based on Purchaser’s forecasts, Supplier shall promptly notify
Purchaser of the number and type of PET Bottles held in inventory and shall not be obligated to accept Production Requests or to produce and hold PET Bottles until such inventory is reduced below 5 million PET Bottles. 
   
 (c)  From time to time Purchaser may submit requests to release PET Bottles for shipment (“Release
Requests”) to Supplier. So long as the aggregate amount of PET Bottles released during a month does not exceed that month’s Production Request and agreed existing stockholdings, Supplier shall satisfy any Release Request;
provided, that Supplier shall not be obligated, but shall use commercially reasonable efforts, to ship PET Bottles pursuant to a Release Request on less than 5 days notice. In the event that the aggregate amount of PET Bottles requested for
release during a month exceeds that month’s Production Request and agreed existing stockholdings, Supplier shall use its commercially reasonable efforts to satisfy 

	 	

  [***] Confidential treatment  requested 
  

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the Release Request. With respect to Release Requests that (in the aggregate, if applicable) do not exceed the relevant month’s Production Request, Supplier will ship no less than [***] of
the released PET Bottles to the Constar Customers or to any other location directed by Purchaser, OTIF (on time, in full). The measurement of OTIF shipments shall conform to historic practices at Constar facilities located in Europe. If Supplier is
unable to satisfy a Release Request, Supplier shall promptly notify Purchaser. If Supplier is unable to satisfy a Release Request that (in the aggregate, if applicable) did not exceed the relevant month’s Production Request and Purchaser is
able to secure an alternative supply, such PET Bottles shall not be included in calculating the requirements commitment in clause (a) above. Purchaser shall be deemed to purchase, and shall be responsible for payment to Supplier for, any PET Bottles
shipped by Supplier in response to a Release Request, regardless of whether the Constar Customer ultimately pays Purchaser for such PET Bottles. Supplier shall not be responsible for collecting payment from the Constar Customers for PET Bottles
blown and shipped hereunder. 
  
 (d)  Purchaser shall provide Supplier, or shall direct the
Constar Customers to provide Supplier, at Supplier’s cost, with multi-layer PET preforms necessary to blow any multi-layer PET Bottles. In addition, Purchaser may, at its option, provide Supplier, or direct the Constar Customers to provide
Supplier, at Supplier’s cost, with monolayer PET preforms necessary to blow monolayer PET Bottles. All invoices from Purchaser to Supplier for multi-layer or monolayer preforms shall be paid by Supplier on a net-30 days basis from the last day
of the month in which such invoice was dated. Supplier shall not be deemed to breach this Agreement as a result of, and shall have no liability to Purchaser for, any failure to perform its obligations hereunder that results from the failure of
Purchaser to provide Supplier with multi-layer PET preforms or, if Purchaser so elects, monolayer PET preforms necessary to blow PET Bottles. 
  
 (e)  Within 30 calendar days of the end of each three-month period ending March 31, June 30, September 30 and December 31 of each year during the Term, Purchaser shall provide Supplier a
certificate from a member of it’s senior management attesting to Purchaser’s conformance to its obligations under Section 2.1(a) of this Agreement during such three-month period. If Purchaser does not provide such certificate to Supplier
within such 30 calendar day period or upon Supplier’s request, Purchaser shall permit Supplier’s outside accountants access to the books and records of Purchaser in order to review the books and records relating to purchases of such PET
Bottles by the Constar Customers. 
  
 (f)  Notwithstanding the foregoing, Supplier shall
not be required to blow and/or ship any specific PET Bottles if Supplier reasonably determines that any such blowing or shipping will result in a material violation of any applicable governmental laws or regulations. 
  
 (g)  The parties agree to use good faith efforts to modify the provisions of this Section 2 if either party is
unsatisfied with the operation of such provisions; provided, that no party shall be under any obligation to agree to any such changes. 

	 	

	 	[***]    Confidential
	 treatment requested 
 

  

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 ARTICLE III 
  
 PRICE 
  
 3.1.    Pricing.  (a) For Existing PET Bottles, Purchaser will pay to Supplier the prices set forth on Schedule A hereto for the relevant PET Bottles purchased pursuant to this Agreement.

  
 (b) For New PET Bottles, mutually agreeable pricing will be established between Supplier and Purchaser on a
case-by-case basis. Supplier shall have no obligation to supply, and Purchaser shall have no obligation to purchase, New PET Bottles for which pricing cannot be agreed upon and any such New PET Bottles shall not be calculated in the requirements
commitment set forth in Section 2.1(a). If pricing of New PET Bottles is agreed upon, such New PET Bottles shall be calculated in such requirements commitment. 
  
 (c) In the event that Supplier is unable to blow multi-layer beer bottles that meet the specifications of the Constar Customers, Purchaser shall provide commercially reasonable technical support to
assist Supplier in meeting those standards. If, after the provision of such support for a period of at least 14 days, Supplier is unable to meet the multi-layer specifications, the parties will negotiate in good faith to establish specifications
that Supplier can reasonably meet and shall adjust the price for such multi-layer beer bottles accordingly. 
  
 ARTICLE IV

  
 DELIVERY 
  
 4.1.    Delivery.  Delivery of all PET Bottles sold under this Agreement shall be F.O.B. Supplier at the Faba Facility. Title and risk of loss or damages to all PET
Bottles shall pass to Purchaser upon shipment, F.O.B. point, by Supplier to Purchaser. Purchaser shall pay for all freight and other costs associated with shipment of PET Bottles to the location of delivery. For PET Bottles delivered F.O.B.
Supplier, Supplier shall furnish the facilities and personnel for loading PET Bottles at the F.O.B. point. 
  
 4.2.    Payment.  Supplier shall provide invoices to Purchaser for PET Bottles and, if applicable, shipping or other charges upon the earlier of (i) release of such PET Bottles pursuant to a
Release Request or (ii) 90 days from the date of acceptance of the Production Request pursuant to which such PET Bottles were produced. All invoices from Supplier to Purchaser for PET Bottles shall be paid by Purchaser on a net-30 days basis from
the last day of the month in which such invoice was provided. 
 

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 ARTICLE V 
  
  MOLDS 
   
  5.1.    Provision of Molds.  The injection
and blow molds necessary to blow the PET Bottles (the “Molds”), as specified on Schedule C, shall be provided to Supplier by Purchaser or by a Constar Customer at Purchaser’s direction. The Molds shall remain
the property of Purchaser or the Constar Customer, as the case may be, and shall be held at the Faba Facility by Supplier. Within 90 days after the last day of the Term, Purchaser shall remove, at its expense, and shall be solely responsible for
removing, the Molds from the Faba Facility (the “Transfer Date”). Purchaser shall provide Supplier with written notice of the Transfer Date at least 60 Business Days prior to the Transfer Date. If the Molds shall not be removed on
or prior to the Transfer Date, Purchaser shall reimburse Supplier all costs and expenses incurred by Supplier on account of maintaining and storing the Molds at the Faba Facility, and any other incidental, consequential or other damages or losses
incurred by Supplier as a result of such non-removal until Purchaser removes the Molds. Notwithstanding the preceding sentence or anything else in this Agreement to the contrary, Supplier shall have no responsibilities or obligations of any kind,
including, without limitation, as to operation, storage, insurance or maintenance, with respect to the Molds after the Transfer Date. 
   
  5.2.    Insurance.  Supplier shall maintain adequate insurance with respect to the Molds insuring against such risks customarily insured against in accordance with
Supplier’s practice until their removal from the Faba Facility by Purchaser in accordance with Section 5.1 or until 90 days after the Term, whichever is earlier. Supplier shall, upon Purchaser’s reasonable request, provide evidence of
insurance and appropriate loss payable endorsements in favor of Purchaser. Supplier hereby assumes and shall bear the entire risk of damage, whether or not insured against, of the Molds arising out of the operation of the Molds while such Molds are
in the possession of Supplier or arising out of Supplier’s breach of this Agreement, negligence or willful misconduct. 
   
  5.3.    Maintenance and Improvements.  During the Term, Supplier shall perform all maintenance, excluding mold refurbishments, reasonably required to keep the Molds in good operating
order, repair, condition and appearance and in accordance with normal industry standards, normal wear and tear and impairments of value excepted. Purchaser shall be responsible for the cost of repairing or replacing any Molds that are defective or
malfunctioning (except to the extent that such defects or malfunctions arise as a result of Supplier’s failure to maintain the Molds in accordance with the first sentence of this Section 5.3). Any modifications, refurbishments or improvements
to the Molds shall be made, and any new Molds necessary to blow PET Bottles shall be provided, by Purchaser at no cost to Supplier. 
   
  5.4.    Access.  Prior to the Transfer Date, representatives of Purchaser may, at their own expense, during normal business hours and upon reasonable notice,
inspect the Molds and have access to the employees whose primary responsibilities relate to the blowing of PET Bottles
 
  

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hereunder; provided, that a representative of Supplier shall be present at all such times; and, provided, further, that no exercise of such inspection shall materially
interfere with the normal operation of the Molds or the business of Supplier. 
   
  5.5.    Permitted Use.  Supplier shall not use the Molds for any use other than the production of PET Bottles for Purchaser hereunder. 
   

ARTICLE VI 
  
 TERM, DEFAULT AND OTHER
PROVISIONS 
  
 6.1.    Term.  This Agreement shall commence upon the Initial
Public Offering Date and shall continue until December 31, 2003 (the “Initial Term”). Purchaser may, at its option, extend the Initial Term until June 30, 2004 on the terms contained herein (the Initial Term, as so extended, the
“Term”), by giving Supplier written notice of such extension no more than 120 or less than 60 days written notice thereof. 
  
  6.2.    Events of Default.  (a) The following shall be considered events of default and shall give rise to a right of Supplier to terminate this Agreement within 45
days of Supplier’s discovery of such event of default: (i) Purchaser fails to make timely payments for invoiced PET Products, subject to a 30-day cure period after notice regarding such breach, (ii) Purchaser materially breaches any other
applicable provision of this Agreement, subject to a 30-day cure period after notice regarding such breach or (iii) Purchaser or Constar experiences a change of Control such that Purchaser or Constar is controlled by a competitor of either Constar
or Crown (provided that such termination shall not be effective until six months from the date of the Change of Control). If Purchaser or Constar suffers a Bankruptcy Event, Supplier shall have the right to unilaterally make reasonable modifications
to the payment terms set forth in Section 4.2 of the Agreement at any time after such Bankruptcy Event. Supplier shall promptly notify Purchaser of any such modifications to the payment terms of this Agreement. 
   
  (b)  The following shall be considered events of default and shall give rise to a right of Purchaser to terminate this
Agreement within 45 days of Purchaser’s discovery of such event of default: (i) Supplier materially breaches any applicable provision of this Agreement, subject to a 30-day cure period after notice regarding such breach or (ii) Supplier or
Crown experiences a change of Control such that Supplier or Crown is controlled by a competitor of either Constar or Crown (provided that such termination shall not be effective until six months from the date of the Change of Control). 

  
 (c)  Each party shall provide the other party with prompt notice upon discovery of a default by the other party;
provided, that failure to give such notice shall not limit or restrict the ability of a party to terminate this Agreement subject to the cure periods provided in this Section 6.2. 
  
 6.3.    No Waiver.  If the party not in default continues to make or accept shipments, as the case may be, despite the other
party’s default, such action shall not constitute a waiver of the
 
 

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default, or in any way affect the rights under this Agreement of the party not in default. A waiver by either party of any breach of any provision shall not constitute a waiver of any other
breach of such provision or of any other provision. 
  
 6.4.    Force
Majeure.  Neither Supplier nor Purchaser shall be responsible for any failure or delay in performance due to causes beyond the reasonable control of the affected party that render performance commercially impracticable (a
“Force Majeure Event”). Any party, if affected by any such cause, may, upon written notice to the other specifying the reasons therefor, reduce its obligations to the other by an amount not in excess of the quantity that it is
unable to deliver or purchase due to such cause. In the event such a curtailment by either party continues in whole or in part for a period of 5 continuous days, then, in the case of a Supplier Force Majeure Event, Purchaser may arrange for
temporary supply of its requirements until Supplier can resume delivery of PET Bottles to Purchaser, and, in the case of a Purchaser Force Majeure Event, Purchaser shall use its best efforts to sell to third parties those PET Bottles which would
have been delivered to the Constar Customers on Purchaser’s behalf (in accordance with Purchaser’s delivery schedule) in the absence of such curtailment. Notwithstanding anything to the contrary in this Agreement, this provision shall not
apply to or otherwise excuse the failure to pay any uncontested costs or fees due under this Agreement when due (including payment for PET Bottles produced in accordance with Section 2.1(b), regardless of whether Purchaser submits a Release Request
for such PET Bottles). 
  
 6.5.    Warranty; Limitation of Liability.  (a)
Supplier warrants that all PET Bottles sold to Purchaser (i) shall be free from defects in workmanship and materials, except for any defects arising out of actions taken by or at the direction of Purchaser or materials provided by or on behalf of
Purchaser and (ii) shall comply with the historical specifications for Existing PET Bottles and with any agreed upon specifications for New PET Bottles. Supplier’s liability under this warranty, whether in contract or tort, shall be limited
exclusively to the repayment of the purchase price of the defective PET Bottles. Supplier will make no other warranties with respect to the PET Bottles. OTHER THAN THE ABOVE WARRANTY, SUPPLIER MAKES NO WARRANTY, WHETHER OF MERCHANTABILITY, FITNESS
OR OTHERWISE, EXPRESS OR IMPLIED, IN FACT OR BY LAW, AND SUPPLIER SHALL HAVE NO FURTHER OBLIGATION OR LIABILITY UNDER THE ABOVE WARRANTY OR WITH RESPECT TO THE PET BOTTLES. SUBJECT TO THE FOLLOWING SENTENCE, SUPPLIER SHALL IN NO EVENT BE LIABLE FOR
PUNITIVE, CONSEQUENTIAL OR INCIDENTAL DAMAGES. 
  
 (b)  Purchaser agrees to waive all claims for shortages
in the PET Bottles ordered and received hereunder unless such claims are submitted in writing to Supplier within 30 days after receipt of notice from the Constar Customer of such shortage. 
  
 (c)  Subject to the above provisions, Purchaser shall not bring any other action arising hereunder unless such action is brought within one year after the date
such cause of action accrues. 
 

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 (d)  Supplier shall not be liable for, and Purchaser assumes
responsibility for, all personal injury and property damage resulting from the handling, possession, use or resale of the PET Bottles produced hereunder after such PET Bottles are delivered to the Constar Customer, whether the same is used alone or
in combination with other substances, except to the extent any such personal injury or property damage results from the willful misconduct of Supplier. 
  
 6.6.    Confidentiality; Disclosures. 
  
  6.6.1.    Confidentiality.  The parties agree (a) to maintain all information, whether in written, oral, electronic or other form, necessary for or utilized or received pursuant to any terms of
this Agreement, as the case may be, including, without limitation, prices, cost components, payment terms, technical knowledge, features, know-how, material, manufacturing, Release Requests, Production Requests, tooling and equipment specifications
and other information necessary to carry out the terms of this Agreement, as the case may be (the “Confidential Information”), as secret and confidential and (b) not to disclose the Confidential Information to any third
person or party (except for employees, counsel, contractors, customers, consultants or vendors who have a need to know and are informed of the confidential nature of such information by the disclosing party). Each party shall accept responsibility
and be liable for any disclosure by any third person of any Confidential Information disclosed to such third person by such party. The parties will use the same measures to maintain the confidentiality of the Confidential Information of any other
party in its possession or control that it uses to maintain the confidentiality of its own Confidential Information of similar type and importance.  Notwithstanding the foregoing, either party or their Affiliates may describe this Agreement
in, and include this Agreement with, filings with the U.S. Securities and Exchange Commission and any related prospectuses, including such filings or prospectuses in connection with any offering of securities. Confidential Information will not
include information that (i) is in or enters the public domain without breach of this Agreement, or (ii) the receiving party lawfully receives from a third party without restriction on disclosure and, to the receiving party’s knowledge, without
breach of a nondisclosure obligation. 
   
 6.6.2.    Disclosure to Governmental
Agency.  Notwithstanding the foregoing, each party shall be permitted to disclose the Confidential Information and/or any portion thereof (i) to a governmental agency or authority as required in response to a subpoena therefor, (ii) in
connection with formal requests for discovery under applicable rules of civil procedure in a legal action before a court of competent jurisdiction to which such party is a party and (iii) as otherwise required by law; provided, however, that,
in any such case, each party shall notify the other party as early as reasonably practicable prior to disclosure to allow such party to take appropriate measures to preserve the confidentiality of such information at the expense of such party.

  
 6.6.3.    Ownership of Information.  All Confidential Information supplied
or developed by either party will be and remain the sole and exclusive property of the party who
 
 

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supplied or developed it; provided, however, that any inventions, discoveries, technical knowledge or know-how relating to the manufacture or sale of PET Bottles or containers and arising
from Molds or the production of PET Bottles pursuant to this Agreement shall belong exclusively to Purchaser and Supplier hereby irrevocably and unconditionally assigns and transfers to Purchaser all rights of every kind, nature or description that
Supplier may have in or to such inventions, discoveries, technological knowledge or know-how. 
   
 6.6.4    Return of Confidential Information.  Upon the written request of a party which has disclosed information covered by Section 6.6 in written, printed or other tangible form, all such
readily available information and all copies thereof, including samples or materials, and all notes or other materials derived from such information shall be returned to the party which disclosed such information. 
  
 6.7.    Right of Setoff.  Purchaser and Supplier shall waive all rights of setoff and recoupment
either may have against the other or any of the other’s Affiliates with respect to all amounts which may be owed from time to time pursuant to this Agreement. 
  
  6.8.    Indemnification.    With respect to PET Bottles blown by Supplier pursuant to this Agreement, Purchaser shall defend,
indemnify and hold Supplier and its Affiliates and their respective officers, directors, employees, successors and permitted assigns harmless against any and all liability, damage, loss, cost or expense arising out of (i) the manufacture, use or
sale of such PET Bottles or any products liability arising therefrom (except any liability directly related to and directly caused by the gross negligence or willful misconduct of Supplier in manufacturing the PET Bottles) and (ii) all claims, suits
or actions for bodily injuries suffered in connection with the operations or maintenance of the Molds and arising out of Purchaser’s breach of this Agreement, negligence or willful misconduct. Furthermore, Purchaser shall indemnify, defend and
hold Supplier and its Affiliates and their respective officers, directors, employees, successors and permitted assigns harmless against all damages, claims, judgments, decrees, costs, expenses and demands for unfair competition or infringement of
any United States or foreign trademark or copyright as a direct result of Supplier’s manufacture of PET Bottles for Purchaser conforming to the specifications required by Purchaser or the failure of such conforming PET Bottles to comply with
any federal, state, local or other law or regulation. Supplier shall not settle any claim for which it is entitled to indemnification hereunder without the written consent of Purchaser, which consent shall not be unreasonably withheld. 

  
 ARTICLE VII 
  
 MISCELLANEOUS 
 7.1.    Notices. 
  
 All notices and other communications required or permitted hereunder shall be in writing, shall be deemed duly given upon actual receipt, and shall be delivered (a) in
person, (b) by registered or certified mail, postage prepaid, return receipt requested or (c) by facsimile or other generally accepted means of electronic transmission (provided that a copy of any notice
 
 

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delivered pursuant to this clause (c) shall also be sent pursuant to clause (b)), addressed as follows: 
  
 if to Purchaser, to: 
  
 Constar International Inc. 
 One Crown Way 
 Philadelphia, PA 19154-4599 
 Attention: 
 Facsimile: 
  
 if to Supplier, to: 
  
 Faba Sirma SPA 
 Sant’llario d’Enza (Reggio Emilia) 
 Stada XXV Luglio, 172 
 Italy 
 Attention: Paolo Minardi 
 Facsimile: 
  
 with a copy to: 
  
 Crown Cork & Seal Company, Inc. 
 One Crown Way 
 Philadelphia, PA 19154 
 Attention: 
 Facsimile: 
  
 or to
such other addresses or telecopy numbers as may be specified by like notice to the other parties. 
  
 7.2.    Independent Contractor.  None of the parties is now, nor shall it be made by this Agreement, an agent or legal representative of the other party for any purpose, and neither party has any
right or authority to create any obligation, express or implied, on behalf of the other party, to accept any service of process upon it, or to receive any notices of any kind on its behalf. All activities by Supplier hereunder shall be carried on by
Supplier as an independent contractor and not as an agent for Purchaser. 
  
 7.3.    Governing
Law.  This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. 
  
 7.4.    Dispute Resolution: Negotiation and Arbitration. 
  
 7.4.1.  The parties shall attempt to resolve any dispute arising out of or relating to this Agreement promptly by negotiation in good faith between executives who have authority to
 
 

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settle the dispute. A party shall give the other party written notice of any dispute not resolved in the ordinary course of business. Within 10 Business Days after delivery of such notice, the
party receiving notice shall submit to the other a written response thereto. The notice and the response shall include: (i) a statement of each party’s position(s) regarding the matter(s) in dispute and a summary of arguments in support
thereof, and (ii) the name and title of the executive who will represent that party and any other Person who will accompany that executive. 
  
 7.4.2.  Within 10 Business Days after delivery of the notice, the designated executives shall meet at a mutually acceptable time and place, and thereafter, as often as they reasonably deem
necessary, to attempt to resolve the dispute. All reasonable requests for information made by one party to any other shall be honored in a timely fashion. All negotiations conducted pursuant to this Section 7.4 (and any of the parties’
submissions in contemplation hereof) shall be deemed Confidential Information and shall be treated by the parties and their representatives as compromise and settlement negotiations under the United States Federal Rules of Evidence and any similar
state rules. 
  
 7.4.3.  If the matter in dispute has not been resolved within 30 days
after the first meeting of the executives to attempt to resolve the dispute, either party may submit the dispute to binding arbitration to the Philadelphia, Pennsylvania office of the American Arbitration Association (“AAA”) in
accordance with the procedures set forth in the Commercial Arbitration Rules of the AAA. 
  
 7.4.4.  The Commercial Arbitration Rules of the AAA, as modified or revised by the provisions of this Section 7.4, shall govern any arbitration proceeding hereunder. The arbitration shall be conducted by three arbitrators
selected pursuant to Rule 13 of the Commercial Arbitration Rules, and pre-hearing discovery shall be permitted if and only to the extent determined by the arbitrator to be necessary in order to effectuate resolution of the matter in dispute. The
arbitrator’s decision shall be rendered within 30 days of the conclusion of any hearing hereunder and the arbitrator’s judgment and award may be entered and enforced in any court of competent jurisdiction. 
  
 7.4.5.  Resolution of disputes under the procedures of this Section 7.4 shall be the sole and exclusive means of
resolving disputes arising out of or relating to this Agreement; provided, however, that nothing herein shall preclude the Parties from seeking in any court of competent jurisdiction temporary or interim injunctive relief to the extent
necessary to preserve the subject matter of the dispute pending resolution under this Section 7.4. 
  
 7.5.  Consent to Jurisdiction. 
  
 Supplier and Purchaser hereby
agree and consent to be subject to the exclusive jurisdiction of the United States District Court for the Eastern District of Pennsylvania, and in the absence of such Federal jurisdiction, the parties consent to be subject to the exclusive
jurisdiction of any state court located in the City of Philadelphia and hereby waive the right to assert the lack of personal or subject matter jurisdiction or improper venue in connection with any such suit, action or other proceeding. In
furtherance of the foregoing, each of the parties (i) waives the
 
 

 12 

 
defense of inconvenient forum, (ii) agrees not to commence any suit, action or other proceeding arising out of this Agreement or any transactions contemplated hereby other than in any such court
(other than the mandatory submission to arbitration in accordance with Section 7.4), and (iii) agrees that a final judgment in any such suit, action or other proceeding shall be conclusive and may be enforced in other jurisdictions by suit or
judgment or in any other manner provided by law. 
  
 7.6.    Entire
Agreement.  This Agreement constitutes the entire understanding of the parties hereto with respect to the subject matter hereof and supersedes any prior agreement or understanding, written or oral, relating to the subject matter of
this Agreement. 
  
  7.7.    Successors/No Third Party Beneficiaries.  This
Agreement shall not be assignable, except that (i) Supplier may, after giving notice to Purchaser, assign its rights and obligations under this Agreement so long as the assignee agrees in writing to assume Supplier’s obligations hereunder;
provided, that Supplier shall not assign its rights and obligations under this Agreement to a competitor of Purchaser in the PET preform and container industry without the prior written consent of Purchaser, and (ii) Purchaser may, and hereby
gives notice to Supplier that it intends to, pledge its rights and obligations under this Agreement to its lenders as collateral to secure indebtedness outstanding under its senior secured credit facility and all renewals, refundings, refinancings
and replacements thereof. This Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, is intended to or shall (a)
confer on any person other than the parties hereto and their respective successors or permitted assigns any rights (including third party beneficiary rights), remedies, obligations or liabilities under or by reason of this Agreement, or (b)
constitute the parties hereto as partners or as participants in a joint venture. This Agreement shall not provide third parties with any remedy, claim, liability, reimbursement, cause of action or other right in excess of those existing without
reference to the terms of this Agreement. 
   
 7.8.    Severability.  If any
term or provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be held invalid or unenforceable by a court of competent jurisdiction, the remainder of this Agreement or the application of any such
term or provision to persons or circumstances other than those as to which it is held invalid or unenforceable shall not be affected thereby, and each term and provision of this Agreement shall be valid and enforceable to the fullest extent
permitted by law. If any of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to duration, scope, activity or subject, it shall be construed by limiting and reducing it, so as to be valid and
enforceable to the extent compatible with the applicable law or the determination by a court of competent jurisdiction. 
  
 7.9.    Counterparts.  This Agreement and any amendments hereto may be executed in any number of counterparts, each of which shall be deemed an original instrument, but all of which together shall
constitute but one and the same agreement. Delivery of an executed
 
 

 13 

 
counterpart of a signature page to this Agreement by facsimile shall be as effective as delivery of a manually executed counterpart of this Agreement. 
  
 7.10.    Section Headings; Interpretive Issues.  The section and paragraph headings contained in this
Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement. Supplier and Purchaser have participated jointly in the drafting and negotiation of this Agreement. In the event any ambiguity
or question of interpretation or intent arises, this Agreement shall be construed as if drafted jointly by Supplier and Purchaser and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any
provisions of this Agreement. 
  
 7.11.    Effectiveness.  The terms of this
Agreement shall not become effective until the Initial Public Offering Date. 
  
 7.12.    Pronouns.  Whenever the context may require, any pronouns used herein shall be deemed also to include the corresponding neuter, masculine or feminine forms. 
  
 7.13.    Further Assurances.  The parties shall execute, acknowledge and deliver, or cause to be
executed, acknowledged and delivered, such instruments and take such other action as may be necessary or advisable to carry out their obligations under this Agreement and under any exhibit, document or other instrument delivered pursuant hereto.

  
 7.14.    Amendment and Modification.  This Agreement may not be amended or
modified except by written instrument duly executed by the parties hereto. No course of dealing between or among any persons having any interest in this Agreement will be deemed effective to modify, amend or discharge any part of this Agreement or
any rights or obligations of any person under or by reason of this Agreement. 
 

 14 

  
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day
and year first above written. 
  
  
 CONSTAR PLASTICS OF ITALY
S.R.L. 
  
 By:                                     
                                        
                  
 Name: 
 Title: 
  
 CROWN CORK ITALY S.P.A. 
  
 By:
                                        
                                        
               
 Name: 
 Title: 
 

 15 

   Schedule A 
   
  Existing PET Bottles and Prices 
   
  In EUR 

	 Monolayer bottle cost
 
	  	  	  	  
	 PET resin
 	  	 X
 	  	 (assumes 1% spoilage to manufacture)
 
	 Masterbatch
 	  	 X
 	  	 (assumes 1% spoilage to manufacture)
 
	 Faba injection cost
 	  	 [***]
 	  	  
	  	  	 
	  	  
	 Cost to manufacture preform
 	  	 X
 	  	  
	 Spoilage on blowing preform
 	  	 X
 	  	 (assumes [***] on-cost on “cost to manufacture preform”)
 
	  	  	 
	  	  
	 Preform cost
 	  	 X
 	  	  
	 Faba blowing cost
 	  	 [***]
 	  	 (=EUR [***] + cost of sorting bottles, EUR [***])
 
	 Packaging [***]
 	  	 [***]
 	  	  
	  	  	 
	  	  
	 Ex-works price
 	  	 X
 	  	  
	  	  	 
	  	  

 
   
  PET resin = preform weight in grammes x % PET x PET price x [***]

   Masterbatch = preform weight in grammes x % masterbatch x masterbatch price x [***] 
   Spoilage on blowing preform = [***] on-cost on total cost of manufacturing the preform (materials + Faba injection cost) 
   Packaging cost
assumes that pallets are reused [***] times and layerpads [***]. 
   NB.  In the event that Constar opts to supply monolayer preforms to Faba to be blown,
the delivered cost of those preforms replaces “cost to manufacture preform” on the above schedule. 
   
  
	 Multi-layer bottle cost 
 
	  	  	  	  
	 Preform cost
 	  	 X
 	  	 (assumes n% spoilage)
 
	 Faba blowing cost
 	  	 [***]
 	  	  
	 Packaging
 	  	 [***]
 	  	  
	  	  	 
	  	  
	 Ex-works price
 	  	 X
 	  	  
	  	  	 
	  	  

 
   
  Preform cost = delivered cost to Faba of multi-layer preform from Constar
US including all transport, packaging, 
   customs duties, insurance and related costs x (1+n/100) (where n is the observed spoilage %) 
   Faba blowing cost above is based on line speeds being equal to monolayer ([***] bottles/hour). If different 
   the
price will be changed accordingly ([***] x [***]/observed speed). 
   Packaging cost assumes that pallets are reused [***] times and layerpads [***]. 

  
 

	[***]
	 
	Confidential treatment requested 
 

 

 Schedule B 
  
 Constar Customers 
  

	Ÿ
	 
	[***], its Affiliates and fillers acting on its behalf located in Italy 
 

	Ÿ
	 
	[***], its Affiliates and fillers acting on its behalf located in Europe 
 

   

	 	

	 	[***]    Confidential 
	treatment requested 
 

 

  Schedule C 
   
  Molds 
   
  [***] 
   
 
 [***]    Confidential treatment requestedPrepared by R.R. Donnelley Financial -- Lease Agreement

  Exhibit 10.14 
   
 LEASE AGREEMENT 
  
  1.        Parties.    This Lease, dated as of,             
            , 2002, and effective as of the date of completion of the initial sale of the capital stock of Constar International, Inc., a Delaware corporation, through a planned public
offering (the “Effective Date”), is made by and between Crown Cork & Seal Company (PA), Inc., a Pennsylvania corporation (“Lessor”), and Constar, Inc., a Pennsylvania corporation (herein called
“Lessee”). 
   
 2.        Premises.    Lessor hereby leases to Lessee and Lessee leases from Lessor for the term, at the rental, and upon all of the conditions set forth herein, at
that certain real property known as One Crown Way, Philadelphia, Pennsylvania (the “Land”), office space as shown on Exhibit A attached hereto and made a part hereof (the “Premises”), located in the building
located thereon (the “Building”). 
  
 3.        Term.

  
 3.1.     The term of this Lease shall be for
            months, commencing on the Effective Date and ending on December 31, 2003 (the “Termination Date”), unless sooner terminated pursuant to any provision hereof.
Lessee shall complete occupation of the Premises in accordance with the time frame as shown on Exhibit B attached hereto and made a part hereof. 
  
 3.2.    So long as no default or breach under Section 12.1 shall have occurred, Lessee may extend the Termination Date by mutual agreement of the parties by requesting such
extension in writing received by Landlord no later than ninety (90) days prior to the Termination Date. Other than as modified by the mutual agreement of the parties, all other terms of this Lease shall remain in full force and effect. 

 
 4.        Rent.    Lessee shall pay to Lessor, in advance, by the
1st day of each month following the Effective Date, an amount equal to the Monthly Base Rent (the “Rent”) plus any other amounts then due under this Lease. If the first or last month of the Lease is less than a full month, Rent shall be a
pro rata portion of the monthly Rent. Rent shall be payable in lawful money of the United States to Lessor at the address stated herein or to such other persons or at such other places as Lessor may designate in writing. 
  
 4.1.     Monthly Base Rent.     The “Monthly Base Rent” is Thirty-One Thousand, Two
Hundred Fifty Dollars ($31,250.00). The Monthly Base Rent includes costs for utilities, janitorial services, guard services, trash removal, cleaning services, cafeteria use, parking lot use, coffee service, common areas, wellness center, restaurant
overhead (but not food charges) and local real estate taxes. 
  
 5.        Use. 

  
 5.1.    Use.    The Premises shall
be used and occupied only for general office use and for no other purpose. Lessee agrees to restrict itself, its employees, contractors, agents and invitees to occupancy solely of the Premises. 
  

5.2.     Compliance with Law.    Lessee shall, at Lessee’s expense, comply promptly with all applicable statutes,
ordinances, rules, regulations, orders, restrictions of record, and requirements in effect during the term or any part of the term hereof regulating the use by Lessee of the Premises. Lessee shall not use or permit the use of the Premises in any
manner that will tend to create waste or a nuisance or, if there shall be more than one tenant in the building containing the Premises, shall tend to disturb such other tenants. 
  
 5.3.    Condition of Premises.    Lessor makes no warranty or representation as to the Premises. Lessee acknowledges and
agrees that it has occupied and familiarized itself with the Premises and has had adequate opportunity to investigate and inspect the condition of the Premises, and enters into this Lease upon the basis of its own review, and is leasing the Premises
in their “AS IS, WHERE IS” CONDITION WITH ALL FAULTS, WHETHER PREVIOUSLY EXISTING OR ARISING FROM OR PERTAINING TO ANY CONSTRUCTION, RENOVATION, RELOCATION OR IMPROVEMENT OF ANY PORTION OF THE PREMISES PERFORMED BY LESSOR OR OTHERS,
INCLUDING BUT NOT LIMITED TO BOTH LATENT AND PATENT DEFECTS. EXCEPT AS EXPRESSLY SET FORTH TO THE CONTRARY IN THIS LEASE, NO WARRANTIES, EXPRESS OR IMPLIED, ARE MADE BY LESSOR OR ANY OF ITS AFFILIATES CONCERNING SUCH ITEMS, INCLUDING BUT NOT LIMITED
TO, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. LESSEE HEREBY WAIVES AND DISCLAIMS ANY WARRANTIES THAT MAY ARISE BY OPERATION OF LAW. 
  
 Lessee further acknowledges and agrees that it has had an opportunity to review and to discuss with various agents and/or representatives of Lessor the environmental condition of the Premises. Lessee
has investigated and has knowledge of operative or proposed governmental laws and regulations including, without limitation, environmental laws and regulations to which the Premises are or may be subject and enters into this Lease upon the basis of
its review and determination of the applicability and effect of such laws and regulations. Lessee acknowledges that Lessor expressly disclaims any representations or warranties of any kind or nature, express or implied, as to the condition
(financial or otherwise), value or quality of the products, assets or properties of the Premises. 
  
 Lessee hereby
accepts the Premises in their condition existing as of the Effective Date, subject to all applicable zoning, municipal, county and state laws, ordinances and regulations governing and regulating the use of the Premises, and accepts this Lease
subject thereto and to all matters disclosed thereby and by any exhibits attached hereto. 
  
 Lessee hereby agrees
that all furniture, equipment, machinery and all other personal property, excepting any computers, that are located on or in the Premises as of the Effective Date shall remain on the Premises as and when Lessee evacuates the Premises on the
Termination Date or any extension thereof. 
 

 2 

  
 5.4.    Hazardous Substances. 
  
 (a)   Lessee shall not use nor allow the Premises to be used for the Release (as defined below), generation, transportation,
storage, use, treatment, disposal or other handling (“Management”) of any Hazardous Substance, except (i) in the ordinary course of operations, (ii) in full compliance with applicable federal, state and local environmental statutes,
ordinances, rules, regulations, codes, orders, ordinances, Environmental Permits (as defined below), notice and consent or settlement agreements in effect at any time during the term of this Lease (“Environmental Laws”), and (iii)
with the prior written consent of Lessor. Lessee shall not implement any modifications of current operations or activities or implement any new operations or activities at the Premises that materially change the type or quantity of, or manner in
which Hazardous Substances are Managed or Released at the Premises without Lessor’s prior written consent. 
  
 (b)   Lessee shall comply with and will cause its agents, representatives, invitees, employees, subtenants of Lessee or any other occupant to comply with all Environmental Laws applicable to the Premises, or the Release or
Management of Hazardous Substances at, on, about or from the Premises or the Lessee’s use, operations or activities at the Premises. 
  
 (c)   Lessee shall obtain in its own name any and all environmental permits, certificates, licenses, approvals, registrations and authorizations (“Environmental Permits”) required by Environmental
Laws for the Premises and the conduct of its operations or activities at the Premises, maintain all such Environmental Permits in full force and effect, timely file all renewal applications and remain in compliance with all such Environmental
Permits. 
  
 (d)   To the extent required by and within the time period required by Environmental Laws,
Lessee shall report any release, spill, leak, discharge, disposal, pumping, pouring, emission, emptying, injecting, leaching, dumping escaping or threat thereof (“Release”) of any hazardous, toxic or polluting substance, waste or
material, pollutant or contaminant including, without limitation, petroleum or petroleum products, asbestos, PCBs or radioactive materials (“Hazardous Substance”) at, on, from or affecting the Premises first arising after the
Effective Date during the term of the Lease (or arising, directly or indirectly, from Lessee’s or its affiliates’ use of the Premises prior to the Effective Date) to the appropriate governmental authorities and immediately provide notice
of such Release to Lessor including a description of measures taken or proposed to be taken by Lessee to respond to such Release. To the extent that investigation, remedial action or other response action (“Response Action”) is
required by Environmental Law for such a Release, Lessee shall promptly undertake such action to the extent required by applicable Environmental Laws and to the extent necessary so as not to materially effect the condition, use, value, operations or
possession of the premises and shall indemnify, defend and hold Lessor harmless with respect thereto and for any damage to property, person, and/or the environment. 
  
 (e)   Lessee will promptly notify Lessor of any known Release of Hazardous Substances at, on, from or affecting the Premises, including any Release caused by
 
 

 3 

 
Lessee, its employees, agents, representatives, invitees, employees, subtenants, other occupants or trespassers (which Release is not made pursuant to and in conformance with the terms of an
Environmental Permit) regardless of whether such Release first occurred prior to or after the Effective Date and of any non-routine governmental filings made or notices received from any governmental authority or private party during the Lease Term
and relating to environmental matters or conditions at or in the vicinity of the Premises. 
  
 (f)   If
Lessor reasonably believes Lessee is in breach of any of the covenants in Section 5.4 of this Lease, Lessor may upon notice to Lessee request an independent engineer or other qualified consultant or expert acceptable to Lessor, to conduct, at
Lessee’s expense, an environmental assessment of the Premises and immediate surrounding areas, and the scope of work to be performed by such engineer, consultant, or expert shall be approved in advance by Lessor, and all of the engineer’s,
consultant’s, or expert’s work product shall be made available to Lessor. Notwithstanding Lessee’s obligations under this Section 5.4(f), Lessor, in its sole discretion, may conduct environmental assessments of the Premises at
any time. 
  
 (g)   At Lessor’s request from time to time, Lessee shall execute affidavits,
representations and the like concerning Lessee’s knowledge and belief regarding the presence of Hazardous Substances at, on, about or from the Premises. 
  
 (h)   Lessee shall reimburse Lessor, upon demand, the reasonable cost of any testing for the purpose of ascertaining if there has been any Release of Hazardous Substances at, on, about or
from the Premises, if such testing is required by any governmental agency, applicable Environmental Laws or Lessor’s Mortgagee. 
  
 (i)   Lessee shall, upon expiration of this Lease, surrender the Premises to Lessor free from the presence of any Hazardous Substances used by Lessee, its employees, agents, representatives, invitees, employees,
subtenants, other occupants (other than Lessor, its agents, representatives, invitees or employees) or trespassers or any existing conditions aggravated by the acts or omissions of Lessee (and not resulting from the negligent acts of the Lessor).

  
 (j)   Lessee shall be responsible for all regulatory requirements in connection with any storage tanks,
asbestos or asbestos containing materials, polychlorinated biphenyls, and Hazardous Substances located at, on or about the Premises. 
  
 (k)   Lessor and Lessee shall reasonably cooperate in connection with any Response Actions to be conducted at, on or about the Premises, including but not limited to keeping the other reasonably informed of such
Response Actions and executing any necessary documents or consents required to be executed in connection thereto. Lessee will notify Lessor, and provide Lessor the opportunity to attend, all meetings with applicable authorities in connection with
any suggested, threatened or pending Response Action, and Lessor shall have the right to approve in advance all proposed Response Actions. Lessor will, when reasonable under the circumstances, notify Lessee prior to commencing Response Actions
required to be
 
 

 4 

 
performed by Lessor and shall minimize, to the extent reasonably possible, interference with Lessee’s operations or activities at the Premises. To the extent permitted by the Environmental
Laws, Lessee shall allow Lessor to utilize Lessee’s Environmental Permits to implement Response Actions at, on or about the Premises. 
  
 (l)  Indemnification 
  
 (i)  In addition to any other indemnifications
contained in this Lease, Lessee shall indemnify and hold harmless Lessor, its partners, associates, and employees (“Lessor Indemnitees”), from and against any and all liability, damages, costs or expenses (including costs of
Response Actions, fines, penalties, and attorney’s fees) (“Costs”) resulting from any claim, demand, liability, obligation, right or cause of action including but not limited to governmental action (collectively,
“Claims”) that are incurred by or are asserted against Lessor Indemnitees or the Premises to the extent arising out of or relating to (x) environmental conditions including, without limitation, the presence or Release of Hazardous
Substances at, on, about or from the Premises; (y) violations or alleged violations of Environmental Laws at the Premises which first arise after the Effective Date other than due to the negligent acts of Lessor, or arise, directly or indirectly,
from Lessee’s or its affiliates’ use of the Premises prior to the Effective Date; or (z) breaches of this Lease. 
  
 (ii)  The indemnities of Lessee contained in this Section 5.4(l) will survive termination of this Lease. 
  
 (iii)  For any Claim for which Lessee is required to indemnify or hold harmless Lessor Indemnitees pursuant to this Section 5.4, Lessor may determine, in its sole discretion, whether Lessee shall perform or
pay for Lessor Indemnitees’ performance. 
  
 6.    Maintenance, Repairs and
Alterations. 
  
 6.1.    Lessee’s Obligations.    Except as
otherwise expressly set forth herein, Lessee shall keep in good order, condition and repair the Premises and every part thereof, structural and non structural, (whether such portion of the Premises requiring repair, or the means of repairing the
same, are reasonably or readily accessible to Lessee, and whether the need for such repairs occurs as a result of Lessee’s use, any prior use, the elements or the age of such portion of the Premises). If Lessee fails to perform Lessee’s
obligations under this Section 6, Lessor may at its option (but shall not be required to) enter upon the Premises, after thirty (30) days prior written notice to Lessee, and put the same in good order, condition and repair, and the cost
thereof including an administrative fee to Lessor of 10% of such cost, shall become due and payable as additional rent to Lessor together with Lessee’s next Rent installment. 
  
 6.2.    Surrender.    On the last day of the term hereof, or on any sooner termination, Lessee shall surrender the Premises
to Lessor in substantially the same condition as when received, broom clean, ordinary wear and tear, damage by fire or other casualty excepted. Lessee shall repair any damage to the Premises occasioned by the removal of Lessee’s trade fixtures,
furnishings and equipment pursuant to Section 6.5(d), which repair shall include the
 
 

 5 

 
patching and filing of holes and repair of structural damage. Upon mutual agreement of the parties, the parties may jointly videotape the Premises at any time within two (2) days after the
Effective Date for the purposes of attempting to document the then-current condition of the Premises. 
  
 6.3.    
Lessor’s Rights.     Notwithstanding anything stated in Section 6.1 hereof, the Lessor may from time to time conduct such maintenance and repairs of the Premises as Lessor deems necessary. Lessor shall submit
to Lessee a statement of the costs and expenses of such maintenance and repairs, and Lessee agrees to pay to Lessor such costs together with the next Rent installment. 
  
 6.4.     Intentionally Omitted. 
  
 6.5.    
Alterations and Additions. 
  
 (a)   Lessee shall not, without Lessor’s prior written consent,
which will not be unreasonably withheld, make any alterations, improvements, additions or Utility Installations in, on or about the Premises. As used in this Section 6.5 the term “Utility Installation” shall mean bus ducting,
power panels, wiring, fluorescent fixtures, space heaters, conduits, air conditioning equipment and plumbing. Lessor may require that Lessee remove any or all of such alterations, improvements, additions or Utility Installations at the expiration of
the term and restore the Premises to their prior condition. Lessee shall provide to Lessor, at Lessee’s sole cost and expense, a lien and completion bond in an amount equal to one and one-half times the estimated cost of any such improvements
to insure Lessor against any liability for mechanic’s and materialmen’s liens and to insure completion of the work. Should Lessee make any alterations, improvements, additions or Utility Installations without the prior written approval of
Lessor, Lessor may require that Lessee remove any or all of the same. 
  
 (b)   Any alterations,
improvements, additions or Utility Installations in or about the Premises that Lessee shall desire to make shall be presented to Lessor in written form, with proposed detailed plans, and shall not be made until Lender has consented in writing. If
Lessor shall give its consent, the consent shall be deemed conditioned upon Lessee acquiring a permit for such alteration, improvement, addition or Utility Installation from appropriate governmental agencies, the furnishing of a copy thereof to
Lessor prior to the commencement of the work and the compliance by Lessee of all conditions of such permit in a prompt and expeditious manner. 
  
 (c)   Lessee shall pay, when due, all claims for labor or materials furnished or alleged to have been furnished to or for Lessee at or for use in the Premises, which claims are or may be
secured by any mechanics’ or materialmen’s lien against the Premises or any interest therein. Lessee shall give Lessor not less than ten (10) days’ notice prior to the commencement of any work in the Premises, and Lessor shall have
the right to post notice of non-responsibility in or on the Premises as provided by law. If Lessee shall, in good faith, contest the validity of any such lien, claim or demand then Lessee shall, at its sole expense, defend itself and Lessor against
the same and shall pay and satisfy any such adverse judgment
 
 

 6 

 
that may be rendered before the enforcement, upon the condition that Lessee shall furnish to Lessor a surety bond satisfactory to Lessor in an amount equal to such contested lien, claim or demand
indemnifying Lessor against liability for the same and holding the Premises free from the effect of such lien or claim. In addition, Lessee shall pay Lessor’s attorneys fees and other costs in participating in such action if Lessor shall decide
it is to its best interest to do so. 
  
 (d)  Unless Lessor requires their removal as set forth in
Section 6.5(a), all alterations, improvements, additions and Utility Installations (whether or not such Utility Installations constitute trade fixtures of Lessee), which may be made on the Premises, shall become the property of Lessor and
remain upon and be surrendered with the Premises at the expiration of the term. 
  
 (e)  Lessor shall
complete, at its sole cost and expense, the alterations described on Exhibit C attached hereto and made a part hereof within a time frame to be mutually agreed upon by the parties hereto. 
  

7.    Insurance Indemnity. 
  
 7.1.    Insuring Party.     Lessor shall purchase and pay for various insurance policies covering the Land and the Building generally, including property insurance.

  
 7.2.    Liability Insurance.     Lessee shall, at Lessee’s
expense, obtain and keep in force during the term of this Lease a policy of Combined Single Limit, Bodily Injury and Property Damage Insurance insuring Lessor and Lessee against any liability arising out of the ownership, use, occupancy or
maintenance of the Premises and all areas appurtenant thereto. Such insurance shall be a combined single limit policy in an amount not less than Three Million Dollars ($3,000,000.00). The policy may contain cross liability endorsements and may
insure performance by Lessee of the indemnity provisions of this Section 7. The limits of such insurance shall not, however, limit the liability of Lessee hereunder. In the event that the Premises constitute a part of a larger property such
insurance shall have a Lessor’s Protective Liability endorsement attached thereto. If Lessee shall fail to procure and maintain such insurance, Lessor may, but shall not be required to, procure and maintain the same, at Lessee’s expense.
Not more frequently than each five (5) years, if, in the reasonable opinion of Lessor, the amount of liability insurance required hereunder is not adequate Lessee shall increase such insurance coverage as required by Lessor. However, the failure of
Lessor to require any additional insurance coverage shall not be deemed to relieve Lessee from any obligations or liability under this Lease or otherwise. 
  
 7.3.    Property Insurance. 
  
 (a)  Subject to Section 7.1, Lessor shall obtain and keep in force during the term of this Lease a policy or policies of insurance covering loss or damage to the Premises, in the amount of the full replacement value
thereof, as the same may exist from time to time. Such insurance shall provide for payment of loss thereunder to Lessor or to the holders of mortgages or deeds of trust on the Premises. Lessor may, in addition, obtain and keep in force
 
 

 7 

 
during the term of this Lease a policy of rental income insurance covering a period of twelve months, with loss payable to Lessor, which insurance shall also cover all real estate taxes and
insurance costs for such period. 
  
 (b)  Lessee shall pay for any increase in the property insurance of
the Land and the Building and any deductible required to be paid by Lessor if such increase or deductible payment is caused by Lessee’s acts, omissions, use, operation or occupancy of the Premises. Lessor shall deliver to Lessee a written
statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed. 
  
 (c)  Lessor will not insure Lessee’s fixtures, equipment or tenant improvements unless the tenant improvements have become a part of the Premises under this Section 7.

  
 7.4.    Insurance Policies.    Insurance required hereunder shall
be in companies holding a “General Policyholders Rating” of A plus or better as set forth in the most current issue of “Best’s Insurance Guide”. The insuring party shall deliver to the other party copies of policies of such
insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses satisfactory to Lessor. No such policy shall be cancelable or subject to reduction of coverage or other modification except after thirty (30)
days’ prior to the expiration of such policies, furnish Lessor with renewals or “binders” thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable be Lessee upon demand. Lessee
shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Section 7.3. 
  
 7.5.    Intentionally Omitted. 
  
 7.6.    Indemnity.    Lessee shall indemnify and hold harmless Lessor, its officers, directors, employees, agents or consultants from and against any and all claims arising from
Lessee’s use of the Premises or from the conduct of Lessee’s business or from any activity, work or things done, permitted or suffered by Lessee in or about the Premises or elsewhere and shall further indemnify and hold harmless Lessor
from and against any and all claims arising from any breach or default in the performance of any obligation on Lessee’s part to be performed under the terms of this Lease, or arising from any negligence of the Lessee or any of Lessee’s
agents, contractors or employees, and from and against all costs, attorney’s fees, expenses and liabilities incurred in the defense of any such claim or any action or proceeding brought thereon and in any action or proceeding brought against
Lessor by reason of any such claim. Lessee, upon notice from Lessor, shall defend the same at Lessee’s expense by counsel satisfactory to Lessor. Lessee, as a material part of the consideration to Lessor, hereby assumes all risk of damage to
property or injury to persons, in, upon or about the Premises arising from any cause and Lessee hereby waives all claims in respect thereof against Lessor. 
  
 7.7.    Exemption of Lessor from Liability.    Lessee hereby agrees that Lessor shall not be liable for injury to Lessee’s business or any loss of
income therefrom or for damage
 
 

 8 

 
to the goods, wares, merchandise or other property of Lessee, Lessee’s employees, invitees, customers or any other person in or about the Premises, and that Lessor shall not be liable for
injury to the person of Lessee, Lessee’s employees, agents or contractors, whether such damage or injury is caused by or results from fire, steam, electricity, gas, water or rain, or from the breakage, leakage, obstruction or other defects of
pipes, sprinklers, wires, appliances, plumbing, air conditioning or lighting fixtures, or from any other cause, whether such damage or injury results from conditions arising upon the Premises or upon other portions of the building of which the
Premises are a part, or from other sources or places, and regardless of whether the cause of such damage or injury or the means of repairing the same is inaccessible to Lessee. Lessor shall not be liable for any damages arising from any act or
neglect of any other tenant, if any, of the building in which the Premises are located. 
  
 8.     Damage or Destruction. 
  
 8.1.     Partial
Damage—Insured.     Subject to the provisions of Sections 8.3 and 8.4, if the Premises are damaged and such damage was caused by a casualty covered under an insurance policy required to be maintained
pursuant to Section 7.3, Lessor shall apply any insurance proceeds received to repair such damage, but not Lessee’s fixtures, equipment or tenant improvements, unless the same have become a part of the Premises pursuant to Section 6.5
hereof, as soon as reasonably possible, and this Lease shall continue in full force and effect. Notwithstanding the above, if Lessee is the insuring party, and if the insurance proceeds received by Lessor are not sufficient to effect such repair,
Lessor shall give notice to Lessee of the amount required in addition to the insurance proceeds to effect such repair. Lessee shall contribute the required amount to Lessor within ten (10) days after Lessee has received notice from Lessor of the
shortage in the insurance. When Lessee shall consider such amount to Lessor, Lessor shall make such repairs as soon as reasonably possible, and this Lease shall continue in full force and effect. Lessee shall in no event have any right to
reimbursement for any such amount so contributed. 
  
 8.2.     Partial
Damage—Uninsured.     Subject to the provisions of Sections 8.3 and 8.4, if at any time during the term hereof the Premises are damaged, except by a negligent or willful act of Lessee (in which event Lessee
shall make the repairs, at its expense), and such damage is to less than the entirety of the Premises, and such damage was caused by a casualty not covered under an insurance policy required to be maintained pursuant to Section 7.3, Lessor
may at Lessor’s option either (i) repair such damage as soon as reasonably possible at Lessor’s expense, in which event this Lease shall continue in full force and effect, or (ii) give written notice to Lessee within thirty (30) days after
the date of the occurrence of such damage of Lessor’s intention to cancel and terminate this Lease as of the date of the occurrence of such damage. 
  
 8.3.     Total Destruction.     If at anytime during the term hereof the Premises are totally destroyed from any cause whether or not covered by the
insurance required to be maintained pursuant to Section 7.3 (including any total destruction required by any authorized public authority) this Lease shall automatically terminate as of the date of such total destruction. 
 

 9 

  
 8.4.     Damage Near End of
Term.     If less than the entirety of the Premises are destroyed or damaged during the last six months of the term of the Lease, Lessor may, at Lessor’s option, cancel and terminate this Lease as of the date of
occurrence of such damage by giving written notice to Lessee of Lessor’s election to do so within thirty (30) days after the date of occurrence of such damage. 
  
 8.5.     Abatement of Rent: Lessee’s Remedies. 
  
 (a)   If the Premises are partially destroyed or damaged and Lessor or Lessee repairs or restores them pursuant to the provisions of this Section 8, the rent payable hereunder for the
period during which such damage, repair or restoration continues shall be abated in proportion to the degree to which Lessee’s use of the Premises is impaired; provided, however, that the aggregate amount of abatement hereunder
shall not exceed the total of rent payable under Section 4 for a period of six months. Except for abatement of rent, if any, Lessee shall have no claim against Lessor for any damage suffered by reason of any such damage, destruction, repair
or restoration. 
  
 (b)   If Lessor shall be obligated to repair or restore the Premises under the
provisions of this Section 8 and shall not commence such repair or restoration within ninety (90) days after such obligation shall accrue, Lessee may, at Lessee’s option, cancel and terminate this Lease by giving Lessor written notice of
Lessee’s election to do so at any time prior to the commencement of such repair or restoration in such event this Lease shall terminate as of the date of such notice. 
  
 8.6.     Termination—Advance Payments.     Upon termination of this Lease pursuant to this Section 8, an equitable
adjustment shall be made concerning advance rent and any advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee’s security deposit as has not theretofore been applied by Lessor. 

 
 9.     Property Taxes. 
  
 9.1.     Personal Property Taxes 
  
 (a)   Lessee shall pay, prior to delinquency, all taxes assessed against and levied upon trade fixtures, furnishings, equipment and all other personal property of Lessee contained in the Premises or elsewhere. When
possible Lessee shall cause such trade fixtures, furnishings, equipment and all other personal property to be assessed and billed separately from the real property of Lessor. 
  
 (b)   If any of Lessee’s such personal property shall be assessed with Lessor’s real property, Lessee shall pay Lessor the taxes attributable to Lessee
within ten (10) days after receipt of a written statement setting forth the taxes applicable to Lessee’s property. 
  
 9.2.     Miscellaneous.     Notwithstanding that the Monthly Base Rent includes fees for local property taxes, if the local property taxes assessed against the Land and/or the Building,
 
 

 10 

 
or any other assessment by a governmental authority made against the Land, is directly attributable to Lessee’s use of the Land, the Building or the Premises, Lessee shall, within ten (10)
days receipt of written notice by Lessor, pay to Lessor the amount of such tax or assessment. 
  
 10.     Miscellaneous Charges. 
  
 10.1.     Lessor
and Lessee acknowledge and agree that a portion of the Monthly Base Rent includes maintenance of the telephone system currently in place at the Premises, but does not include charges for the use of the telephones. Lessee will establish at least one
independent telephone number within ten (10) days of the Effective Date. Lessor shall measure use and will provide a written bill to Lessee for such usage as and when Lessor deems desirable. Lessee shall make payment in full for such charges within
ten (10) business days following delivery of such written bill. 
  
 11.     Assignment and
Subletting. 
  
 11.1.     Lessor’s Consent Required.    
Lessee shall not voluntarily or by operation of law assign, transfer, mortgage, sublet or otherwise transfer or encumber all or any part of Lessee’s interest in this Lease or in the premises, without Lessor’s prior written consent, which
consent may be withheld in the sole discretion of Lessor. Any attempted assignment, transfer, mortgage, encumbrance or subletting without such consent shall be void and shall constitute a breach of this Lease. Any change of Control of Lessee shall
be deemed to be a transfer under this Section 11.1. “Control”, as applied to Lessee, means the possession, directly or indirectly, of the power to direct the vote of a majority of the votes that may be cast in the election of
directors (or other persons or entities acting in similar capacities) of Lessee or otherwise to direct or cause the direction of the management and policies of Lessee, whether through the ownership of voting securities or by contract or otherwise.

  
 11.2.     No Release of Lessee.     Regardless of consent, no
subletting or assignment shall release Lessee of Lessee’s obligation, or alter the primary liability of Lessee, to pay the rent and to perform all other obligations to be performed by Lessee hereunder. The acceptance of rent by Lessor from any
other person shall not be deemed to be a waiver by Lessor of any provision hereof. Consent to one assignment or subletting shall not be deemed consent to any subsequent assignment or subletting. In the event of default of any assignee of Lessee or
any successor of Lessee in the performance of any of the terms hereof, Lessor may proceed directly against Lessee without the necessity of exhausting any remedies against such assignee. Lessor may consent to subsequent assignments or subletting of
this Lease or amendments or modifications to this Lease with assignees of Lessee, without notifying Lessee, or any successor of Lessee, and without obtaining its or their consent thereto, and such action shall not relieve Lessee of liability under
this Lease. 
  
 11.3.     Attorney’s Fees.     In the event
Lessee shall assign or sublet the Premises or request the consent of Lessor to any assignment or subletting, or if Lessee shall request the
 
 

 11 

 
consent of Lessor for any act that Lessee proposes to do, then Lessee shall pay Lessor’s attorneys fees incurred in connection therewith. 
  
 12.    Defaults: Remedies. 
  
 12.1.    Defaults.    The occurrence of any one or more of the following events shall constitute a material default and
breach of this Lease by Lessee: 
  
 (a)  The vacating or abandonment of the Premises by Lessee for a period
of thirty (30) days; 
  
 (b)  The failure by Lessee to make any payment of Rent or any other payment
required to be made by Lessee hereunder as and when due. 
  
 (c)  The failure by Lessee to observe or
perform any of the covenants, conditions or provision of this Lease to be observed or performed by Lessee. 
  
 (d)  (i) The making by Lessee of any general assignment, or general arrangement for the benefit of creditors; (ii) the filing by or against Lessee of a petition to have Lessee adjudged a bankrupt or a petition for
reorganization or arrangement under any law relating to bankruptcy; (iii) the appointment of a trustee or receiver to take possession of substantially all of Lessee’s assets located at the Premises or of Lessee’s interest in this Lease; or
(iv) the attachment, execution or other judicial seizure of substantially all of Lessee’s assets located at the Premises or of Lessee’s interest in this Lease. 
  
 (e)  The discovery by Lessor that any financial statement given to Lessor by Lessee, any assignee of Lessee, any subtenant of Lessee, any successor in interest of
Lessee or any guarantor of Lessee’s obligations hereunder, and any of them, was materially false. 
  
 (f)  Any material default under that certain Transition Services Agreement by and between Constar International Inc., a Pennsylvania corporation, and Lessor dated as of the date hereof. 
  
 12.2.    Remedies.    In the event of any such material default or breach by Lessee, Lessor
may at any time thereafter, with or without notice or demand, and without limiting Lessor in the exercise of any right or remedy which Lessor may have by reason of such default or breach: 
  
 (a)  Terminate Lessee’s right to possession of the Premises by any lawful means, in which case this Lease shall terminate and Lessee shall immediately
surrender possession of the Premises to Lessor. In such event Lessor shall be entitled to recover from Lessee all damages incurred by Lessor as a result of Lessee’s default including, but not limited to, the cost of recovering possession of the
Premises; expenses of reletting, including necessary renovation and alteration of the Premises, attorney’s fees and any real estate commission actually
 
 

 12 

  
 paid; the worth at the time of award by the court having jurisdiction thereof of
the amount by which the unpaid rent for the balance of the term after the time of such award exceeds the amount of such rental loss for the same period that Lessee proves could be reasonably avoided; that portion of the leasing commission paid by
Lessor pursuant to Section 15 applicable to the unexpired term of this Lease. 
  
 (b)  Maintain Lessee’s right to possession in which case the Lease shall continue in effect whether or not Lessee shall have abandoned the Premises. In such event Lessor shall be entitled to enforce all of
Lessor’s rights and remedies under this Lease, including the right to recover the rent as it becomes due hereunder. 
  
 (c)  Pursue any other remedy now or hereafter available to Lessor under the laws or judicial decisions of the State in which the Premises are located. 
  
 12.3.    Default by Lessor.    Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor
within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor and to the holder of any first mortgage or deed of trust covering the Premises whose name and address shall have theretofore been
furnished to Lessee in writing, specifying wherein Lessor has failed to perform such obligations; provided, however, that if the nature of Lessor’s obligation is such that more than thirty (30) days are required for performance
then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently prosecutes the same to completion. 
  
 12.4.    Late Charges.    Lessee hereby acknowledges that late payment by Lessee to Lessor of Rent and other sums due hereunder will cause Lessor to incur
costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges that may be imposed on Lessor by the terms of
any mortgage or trust deed covering the Premises. Accordingly, if any installment of Rent or any other sum due from Lessee (including without limitation any taxes, insurance or repairs) shall not be received by Lessor or Lessor’s designee when
due, Lessee shall pay to Lessor a late charge equal to six percent (6%) of such overdue amount. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs Lessor will incur by reason of late payment by
Lessee. Acceptance of such late charges by Lessor shall in no event constitute a waiver of Lessee’s default with respect to such overdue amount, nor prevent Lessor from exercising any of the other rights and remedies granted hereunder.
Specifically, to the extent any overdue amount remains unpaid thirty (30) days after such amount shall be due, interest shall accrue on such overdue amount as set forth in Section 14.4. 
  

13.    Condemnation.    If the Premises or any portion thereof are taken under the power of eminent domain, or sold
under the threat of the exercise of such power (all of which are herein called “Condemnation”), this Lease shall terminate as to the part so taken as of the date the condemning authority takes title or possession, whichever first
occurs, if more than twenty-five percent (25%) of the floor area of the improvements on the Premises is taken by Condemnation, Lessor may, subject to the terms of any mortgage upon the Premises, at Lessor’s option, to be
 
 

 13 

  
 exercised in writing only within thirty (30) days after Lessor shall have given Lessee written notice of
such taking (or, in the absence of such notice, within ten (10) days after the condemning authority shall have taken possession) terminate this Lease as of the date the condemning authority takes such possession. If Lessor does not terminate this
Lease in accordance with the foregoing, this Lease shall remain in full force and effect as to the portion of the Premises remaining, except that the rent shall be reduced in the proportion that the floor area taken bears to the total floor area of
the building situated on the Premises. Any award for the taking of all or any part of the Premises under the power of eminent domain or any payment made under threat of the exercise of such power shall be the property of Lessor, whether such award
shall be made as compensation for diminution in value of the leasehold or for the taking of the fee or as severance damages; provided, however, that Lessee shall be entitled to any award for loss of or damage to Lessee’s trade fixtures
or removable personal property. In the event that this Lease is not terminated by reason of such Condemnation, Lessor shall, to the extent of severance damages receive by Lessor in connection with such Condemnation, repair any damage to the Premises
caused by such Condemnation except to the extent that Lessee has been reimbursed therefor by the condemning authority. Lessee shall pay any amount in excess of such severance damages required to complete such repair. 
  
 14.    General Provisions. 
  
 14.1.    Estoppel Certificate. 
  
 (a)  Lessee shall at any time upon not less than ten (10) days prior written notice from Lessor execute, acknowledge and deliver to Lessor a statement in writing (i) certifying that this Lease is unmodified and in
full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii)
acknowledging that there are not, to Lessee’s knowledge, any uncured defaults on the part of Lessor hereunder, or specifying such defaults if any are claimed. Any such statement shall be binding on Lessee and may be conclusively relied upon by
any prospective purchaser or encumbrances of the Premises. 
  
 (b)  Lessee’s failure to deliver such
statement within such time shall be conclusive and binding upon Lessee that: (i) this Lease is in full force and effect, without modification except as may be represented by Lessor, (ii) there are no uncured defaults in Lessor’s performance,
and (iii) not more than one month’s rent has been paid in advance or such failure may be considered by Lessor as a default by Lessee under this Lease. 
  
 (c)  If Lessor desires to finance or refinance the Premises, or any part thereof, Lessee hereby agrees to deliver to any lender designated by Lessor such financial statements of Lessee as may
be required by such Lender. Such statements shall include the past three years financial statements of Lessee. All such financial statements shall be received in confidence and shall be used only for the purposes herein set forth. 

 14 

  
 14.2.     Lessor’s.     The
term “Lessor” as used herein shall mean only the owner or owners at the time in question of the fee title or a lessee’s interest in a ground lease of the Premises, and, in the event of any transfer of such title or interest,
Lessor herein named (and in case of any subsequent transfers to then grantor, such grantor) shall be relieved from and after the date of such transfer of all liability as respects Lessor’s obligations thereafter to be performed, provided that
any funds in the hands of Lessor or the then grantor at the time of such transfer, in which Lessee has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Lessor shall, subject as aforesaid, be
binding on Lessor’s successors and assigns only during their respective periods of ownership. 
  
 14.3.     Severability.     The invalidity of any provision of this Lease as determined by a court of competent jurisdiction, shall in no way affect the validity of any other provision
hereof. 
  
 14.4.     Interest on Past-due Obligations.     Except as
expressly herein provided, any amount due Lessor not paid when due shall bear interest at the prime rate plus three percent (3%) per annum from the date due. Payment of such interest shall not excuse or cure any default by Lessee under this Lease.

  
 14.5.     Time of Essence.     All times in this Lease are of the
essence. 
  
 14.6.     Captions.     Article and section captions are
not a part hereof. 
  
 14.7.     Incorporation of Prior Agreements:
Amendments.     This Lease contains all agreements of the parties with respect to any matter mentioned herein. No prior agreement or understanding pertaining to any such matter shall be effective. This Lease may be modified
in writing only, signed by the parties in interest at the time of the modification. Lessee hereby acknowledges that the neither the Lessor nor any employees or agents of Lessor has made any oral or written warranties or representations to Lessee
relative to the condition (present or future) or use by Lessee of such Premises, and Lessee acknowledges that Lessee assumes all responsibility regarding the Occupational Safety Health Act or the legal use of adaptability of the Premises and the
compliance thereof to all applicable laws and regulations enforced during the term of this Lease except as otherwise specifically stated in this Lease. 
  
 14.8.     Notices.     Any notice required or permitted to be given hereunder shall be in writing and may be given by personal delivery or by certified
mail, and if given personally or by mail, shall be deemed sufficiently given if addressed to Lessee or to Lessor at the address noted below the signature of the respective parties, as the case may be. Either party may by notice to the other specify
a different address for notice purposes except that upon Lessee’s taking possession of the Premises, the Premises shall constitute Lessee’s address for notice purposes. A copy of all notices required or permitted to be given to Lessor
hereunder shall be concurrently transmitted to such party or parties at such addresses as Lessor may from time to time hereafter designate by notice to Lessee. 
 

 15 

  
 14.9.    Waivers.    No waiver by
Lessor of any provision hereof shall be deemed a waiver of any other provision hereof or of any subsequent breach by Lessee of the same or any other provision. Lessor’s consent to or approval of any act shall not be deemed to render unnecessary
the obtaining of Lessor’s consent to or approval of any subsequent act by Lessee. The acceptance of rent hereunder by Lessor shall not be a waiver of any preceding breach by Lessee of any provision hereof, other than the failure of Lessee to
pay the particular rent so accepted, regardless of Lessor’s knowledge of such preceding breach at the time of acceptance of such rent. 
  
 14.10.    Recording.    Lessee shall not record this Lease without Lessor’s prior written consent, and such recordation shall, at the option of
Lessor, constitute a non-curable default of Lessee hereunder. Either party shall, upon request of the other, execute, acknowledge and deliver to the other a “short form” memorandum of this Lease for recording purposes. 

 
 14.11.    Holding Over.    If Lessee remains in possession of the Premises or
any part thereof after the expiration of the term hereof without the express written consent of Lessor, such occupancy shall, at Lessor’s election, be deemed a tenancy from month to month at a rental in the amount of one hundred fifty percent
(150%) of the last monthly rental plus all other charges payable hereunder, and upon all the terms hereof applicable to a month-to-month tenancy. 
  
 14.12.    Cumulative Remedies.    No remedy or election hereunder shall be deemed exclusive but shall, wherever possible, be cumulative with all other
remedies at law or in equity. 
  
 14.13.    Covenants and
Conditions.    Each provision of this Lease performable by Lessee shall be deemed both a covenant and a condition. 
  
 14.14.    Binding Effect; Choice of Law.    Subject to any provisions hereof restricting assignment or subletting by Lessee and subject to the provisions of Section 14.2,
this Lease shall bind the parties, their personal representatives, successors and assigns. This Lease shall be governed by the laws of the Commonwealth of Pennsylvania. 
  
 14.15.    Subordination. 
  
 (a)  This Lease, at Lessor’s option, shall be subordinate to any ground lease, mortgage, deed of trust, or any other hypothecation for security now or hereafter placed upon the real property of which the Premises are a
part and to any and all advances made on the security thereof and to all renewals, modifications, consolidations, replacements and extensions thereof. Any mortgagee, trustee or ground lessor may elect to have this Lease prior to the lien of its
mortgage, deed of trust or ground lease, whether this Lease is dated prior or subsequent to the date of such mortgage, deed of trust or ground lease or the date or recording thereof. 
  
 (b)  Lessee agrees to execute any documents required to effectuate such subordination or to make this Lease prior to the lien of any mortgage, deed of trust or
ground lease, as the case may be, and failing to do so within ten (10) days after written demand,
 
 

 16 

 
does hereby make, constitute and irrevocably appoint Lessor as Lessee’s attorney in fact and in Lessee’s name, place and stead, to do so. 
  
 14.16.     Lessor’s Access.     Lessee acknowledges that the Premises are only a
portion of the Land and the Building, and that neither Lessee nor its employees, invitees, licensees, subtenants or contractors may have access to any other portion of the Land or the Building. Lessee acknowledges that Lessor and Lessor’s
agents shall have the right to enter the Premises at any times as Lessor may deem necessary or desirable. Lessor may at any time place on or about the Premises any ordinary “For Sale” signs and Lessor may at any time during the last 120
days of the term hereof place on or about the Premises any ordinary “For Lease” signs, all without rebate of rent or liability to Lessee. 
  
 14.17.     Signs and Auctions.     Lessee shall not place any sign upon the Premises or conduct any auction thereon without Lessor’s prior written
consent except that Lessee shall have the right, without the prior permission of Lessor to place ordinary and usual for rent or sublet signs thereon. 
  
 14.18.     Merger.     The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation thereof, or a termination by Lessor, shall not
work a merger, and shall, at the option of Lessor, terminate all or any existing subtenancies or may, at the option of Lessor, operate as an assignment to Lessor of any or all of such subtenancies. 
  
 [Signatures commence on the following page.] 
 

 17 

  
 IN WITNESS WHEREOF, the parties hereto, intending to be legally bound, have
executed this Lease as of the date first above written. 
  
 LESSOR: 
  
 CROWN CORK & SEAL COMPANY (PA), INC.,  
 a Pennsylvania corporation 
  
 By                                     
                                        
                     
 [CORPORATE
SEAL] 
 Name: 
 Title:

  
 Address: 
  
  
 LESSEE: 
  
 CONSTAR, INC.,
  a Pennsylvania corporation 
  
 By                                     
                                        
                     
 [CORPORATE
SEAL] 
 Name: 
 Title:

  
 Address: 

  
 EXHIBIT “A” 
  
 [Plan of Premises] 
  
 To be provided by the
parties upon mutual agreement. 

  
 EXHIBIT “B” 
  
 [Occupancy Time Frame] 

  
 EXHIBIT “C” 
  
 [Lessor Alterations] 
  
 Wall off the second
floor North wing and establish a separate entrance for and to the Premises. 
 

 21

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