Document:

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                                                                   EXHIBIT 10.15

                             TERMINALLING AGREEMENT

         THIS TERMINALLING AGREEMENT (this "Agreement") is executed this 27th
day of October, 2003, by and between Martin Operating Partnership L.P., a
Delaware limited partnership ("Owner"), and Cross Oil Refining & Marketing,
Inc., a Delaware corporation ("Customer"), in order to evidence the agreement of
such parties with respect to the use of the Terminal (hereinafter defined) under
the following terms and conditions.

                              ARTICLE 1 - TERMINAL

         Section 1.01. Grant of Use and Possession. Owner hereby grants to
Customer the sole and exclusive use, under the terms and conditions herein, of
Owner's terminal facility, including the land and improvements thereon, located
at Millers Bluff in Ouachita County, near Smackover, Arkansas, which is more
particularly described in Exhibit A attached hereto and incorporated herein by
reference for all purposes (the "Terminal"). No one (including Owner) other than
Customer shall have the right to use the Terminal without the prior written
permission of Customer. On the Commencement Date (hereinafter defined), Customer
acknowledges and agrees that Customer has accepted sole and exclusive use and
possession of the Terminal.

                    ARTICLE 2 - TERM; TERMINATION; CONDITION

         Section 2.01. Term; Termination. The initial term of this Agreement
shall be for 5 years (the "Initial Term") commencing on the date first set forth
above (the "Commencement Date") and ending on the 5th anniversary of the
Commencement Date. This Agreement will automatically renew for two successive 5
year terms (each a "Renewal Term", and together with the Initial Term, the
"Term"), unless Customer elects not to renew the agreement by providing Owner
with written notice of such election 180 days prior to the expiration of the
Initial Term or Renewal Term, as applicable, at which point this Agreement will
automatically terminate.

         Either party shall have the right to terminate this Agreement in the
event of a breach by the other party of its obligations hereunder, subject to
any written notice provided for in Article 11 given by the non-breaching party
to the breaching party and the opportunity for such breaching party to cure such
breach during any applicable notice period specified in Article 11, or during
the 10 day period after such notice if no such notice period is otherwise
specified in Article 11.

         Upon any such termination, this Agreement shall thereafter have no
further force or effect except as to already accrued rights and obligations,
which shall continue until satisfied.

         Section 2.02. Condition of the Terminal. Customer has inspected the
Terminal and accepts the same "AS IS/WHERE IS" without representation or
warranty by Owner of any kind and with the understanding that Owner shall have
no further responsibility with respect thereto during the Term except as
otherwise set forth in this Agreement.

         Section 2.03. Surrender of the Terminal. Upon the expiration or earlier
termination of this Agreement, Customer shall immediately surrender the Terminal
to Owner in the same condition in which it was delivered by Owner to Customer on
the Commencement Date, ordinary wear and tear excepted. Customer shall also
remove its personal property, trade fixtures and any of Customer's alterations
designated by Owner, promptly repair any damage caused by such removal, and
restore the Terminal to

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the condition existing upon the Commencement Date, reasonable wear and tear
excepted. If Customer fails to do so, Owner may restore the Terminal to such
condition at Customer's expense, Owner may cause all of said property to be
removed at Customer's expense, and Customer hereby agrees to pay all the costs
and expenses thereby reasonably incurred. All Customer property which is not
removed within 10 days following Owner's written demand therefor shall be
conclusively deemed to have been abandoned by Customer, and Owner shall be
entitled to dispose of such property at Customer's cost without thereby
incurring any liability to Customer. The provisions of this section shall
survive the expiration or other termination of this Agreement.

                   ARTICLE 3 - OWNER'S COMPENSATION; WHARFAGE;
                    OPERATING EXPENSES AND REAL ESTATE TAXES

         Section 3.01. Owner's Compensation. Based on the volume of crude oil
and/or finished products received at the Terminal during each calendar month
during the Term, Owner shall invoice Customer on the first day of the next
following month, and Customer shall pay to Owner not later than the 10th day of
such next following month, for the following thruput fee (the "Thruput Fee") in
order to compensate Owner for Customer's use of the Terminal ("Owner's
Compensation"):

A        For each calendar month during the Initial Term, the monthly Thruput
         Fee shall be $____ per barrel up to 150,000 barrels of crude oil
         received at the Terminal during such month and $____ per barrel for all
         barrels in excess of 150,000 barrels received at the Terminal during
         such month; provided, that the Thruput Fee payable by Customer to Owner
         during each such month shall not be less than $________.

         For each calendar month during any Renewal Term, the monthly Thruput
Fee shall be as follows:

<TABLE>
<CAPTION>
                       Thruput Fee Per Barrel For Up to   Thruput Fee Per Barrel For Barrels in
 Contract Year During  First 150,000 Barrels Received at   Excess of 150,000 Barrels Received    Minimum Monthly Thruput Fee
     Renewal Term        Terminal During Each Month           at Terminal During Each Month            Payable to Owner
---------------------  ---------------------------------  -------------------------------------  ---------------------------
<S>                    <C>                                <C>                                    <C>
         Six                          $                                   $                                  $
---------------------  ---------------------------------  -------------------------------------  ---------------------------
        Seven                         $                                   $                                  $
---------------------  ---------------------------------  -------------------------------------  ---------------------------
        Eight                         $                                   $                                  $
---------------------  ---------------------------------  -------------------------------------  ---------------------------
        Nine                          $                                   $                                  $
---------------------  ---------------------------------  -------------------------------------  ---------------------------
  Ten and thereafter                  $                                   $                                  $
---------------------  ---------------------------------  -------------------------------------  ---------------------------
</TABLE>

B.       No Thruput Fee will be charged for any outbound crude oil and/or
         finished oil products.

         Section 3.02. Wharfage; Dockage; Demurrage. Customer shall pay, prior
to delinquency, any applicable wharfage fees along with any other applicable
fees due to or required by the appropriate governmental authority, including
future increases in such fees, in connection with the use and operation of the
Terminal. Dock scheduling and usage shall also be subject to the regulations of
the applicable governmental authority.

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         Section 3.03. Operating Expenses. Customer shall pay, prior to
delinquency, all Operating Expenses relating to the use and operation of the
Terminal. "Operating Expenses" shall mean all of the expenses for utilities;
stormwater discharge fees; licenses, permits, inspection and all other fees
associated with the operation of the Terminal.

         Section 3.04. Real Estate and Other Taxes. Owner shall pay all Real
Estate Taxes with respect to the ownership of the Terminal. "Real Estate Taxes"
shall include any form of real estate tax, ad valorem tax, or similar tax or
assessment relating solely to the ownership of the fee interest in the Terminal
and the on-site above-ground equipment as of the Commencement Date imposed by
any governmental authority having the power to so tax. Any other taxes, permit
fees, license fees, commercial rental tax, improvement bonds or other similar
charge or taxes imposed upon the Terminal or the inventory of crude oil and/or
finished oil products on hand at the Terminal by any governmental authority
having the power to so tax or charge shall be borne by Customer. Additionally,
Customer shall pay, prior to delinquency, all taxes assessed against and levied
upon trade fixtures, furnishings, equipment and all personal property of
Customer brought on-site at the Terminal by Customer following the Commencement
Date.

                                 ARTICLE 4 - USE

         Section 4.01. Use of Terminal. The Terminal is to be used exclusively
by Customer (and no other person) solely for unloading, handling, storage,
out-loading and other related terminalling services pertaining to crude oil
and/or finished oil products (the "Permitted Use") and for no other purpose
without the prior written consent of Owner. Customer shall provide all manpower
necessary to any such Permitted Use, it being agreed that Owner shall not be
responsible for any services specified herein nor the manpower or personnel
necessary to provide such services. In carrying out the Permitted Use, Customer
shall:

A.       Unloading. Handling and Storage Services. Customer may deliver crude
         oil and/or finished oil products to and from the Terminal by marine
         vessel, truck, pipeline, and any other means deemed necessary by
         Customer. Customer shall utilize the Terminal and unload the crude oil
         and/or finished oil products from such marine vessels and/or trucks in
         accordance with prevailing industry standards and then current
         applicable federal, state and local laws and regulations, including,
         without limitation, those relating to the handling of petroleum
         products, the protection of the environment, and health and safety laws
         (collectively, "Applicable Laws"). Customer, at no additional charge,
         shall have the sole and exclusive right to transfer, store, and manage
         crude oil and/or finished oil products in the following storage tanks
         located at the Terminal:

<TABLE>
<CAPTION>
TANK NUMBER              CAPACITY
-----------              --------
<S>                   <C>
 Tank #115            55,000 barrels
 Tank #114            22,500 barrels
</TABLE>

B.       Out-Loading Services. Customer's crude oil and/or finished oil products
         may be removed from the Terminal by marine vessel or truck or pipeline
         at no additional cost. Customer shall provide all out-loading services
         necessary to permit the transfer of crude oil and/or finished oil
         products from the storage tanks at the Terminal to Customer's
         designated trucks or marine vessels for removal from the Terminal.

C.       Inventory Services. Customer shall maintain proper inventory records
         for crude oil and/or finished oil products received, stored and/or
         thruput at the Terminal in

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         accordance with Applicable Laws and industry standards.

D.       Records. Customer shall provide Owner with daily and monthly reports or
         all receipts and shipments of crude oil and/or finished oil products to
         and/or from the Terminal.

         Section 4.02. Covenants of Customer Regarding Use. Customer shall, at
its sole cost and expense, (i) use, operate and maintain the Terminal and
conduct its business thereat in a safe, careful, reputable and lawful manner and
in compliance with Applicable Laws, including, without limitation, any Homeland
Security regulations promulgated by the U.S. Coast Guard, and (ii) comply with
and obey all reasonable directions of the Owner, including any rules and
regulations that may be adopted by Owner from time to time for the use and
operation of the Terminal. Customer shall not use the Terminal, or allow the
Terminal to be used, for any purpose or in any manner which would invalidate any
policy of insurance now or hereafter carried by either Customer or Owner on the
Terminal.

         Section 4.03. Owner's Rights Regarding Use. In addition to the rights
specified elsewhere in this Agreement, Owner shall have the following rights
regarding the use of the Terminal, each of which may be exercised with notice
and without liability to Customer: (a) Owner may install such signs or notices
as it shall deem necessary or proper; (b) Owner or Owner's agent shall be
permitted to inspect or examine the Terminal at any reasonable time upon
reasonable notice (except in an emergency when no notice shall be required); and
(c) subject to prior written notice to Customer which gives Customer the right
to make or commence any such repairs within 30 days of such written notice,
Owner shall have the right to make any repairs to the Terminal which are
necessary for its preservation; provided, however, that any such repairs made by
Owner shall be at Customer's expense. Owner shall have no liability to Customer
for such entry, nor shall such entry constitute a termination of this Agreement.

                       ARTICLE 5 - UTILITIES AND SERVICES

         Customer shall obtain in its own name and pay directly to the
appropriate supplier the cost of all utilities and services serving the
Terminal. Owner shall not be liable in damages or otherwise for any failure or
interruption of any utility or other service and no such failure or interruption
shall entitle Customer to terminate this Agreement or withhold sums due
hereunder.

                       ARTICLE 6 - MAINTENANCE AND REPAIRS

         Section 6.01. Customer's Responsibility. During the Term, Customer
shall, at its own cost and expense, maintain the Terminal, including without
limitation the storage tanks, in compliance with prevailing industry standards
and all Applicable Laws, regularly servicing and promptly making all repairs and
replacements thereto.

         Section 6.02. Alterations. Customer shall not permit alterations in or
to the Terminal unless and until the plans have been approved by Owner in
writing. As a condition of such approval, Owner may require Customer to remove
the alterations and restore the Terminal upon termination of this Agreement;
otherwise, all such alterations shall at Owner's option become a part of the
realty and the property of Owner, and shall not be removed by Customer. Customer
shall ensure that all alterations shall be made in accordance with Applicable
Laws, in a good and workmanlike manner and of quality equal to or better than
the original construction of the Terminal. No person shall be entitled to any
lien derived through or under Customer for any labor or material furnished to
the Terminal, and nothing in this Agreement shall be construed to constitute a
consent by Owner to the creation of any lien. If any lien is filed against the
Terminal for work claimed to have been done for or material claimed to have been
furnished to

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Customer, Customer shall cause such lien to be discharged of record within 30
days after filing. Customer shall indemnify Owner from all costs, losses,
expenses and attorneys' fees in connection with any construction or alteration
and any related lien.

                              ARTICLE 7 - CASUALTY

         Unless caused by the fault of Owner, in the event of total or partial
destruction of the Terminal by fire or other casualty, Customer agrees to
promptly restore and repair the same using its own funds or the funds provided
by the insurance required to be maintained by Customer hereunder.

                       ARTICLE 8 - LIABILITY AND INSURANCE

         Section 8.01. Customer's Responsibility. OWNER SHALL NOT BE LIABLE TO
CUSTOMER OR TO ANY OTHER PERSON FOR (I) DAMAGE TO PROPERTY OR INJURY OR DEATH TO
PERSONS DUE TO THE CONDITION, USE OR OPERATION OF THE TERMINAL, (II) THE
OCCURRENCE OF ANY ACCIDENT IN, ON OR ABOUT THE TERMINAL, OR (III) ANY ACT OR
OMISSION OF CUSTOMER OR OF ANY OTHER PERSON, UNLESS SUCH DAMAGE, INJURY OR DEATH
IS DIRECTLY AND SOLELY THE RESULT OF OWNER'S NEGLIGENCE OR WILLFUL MISCONDUCT;
AND CUSTOMER HEREBY RELEASES OWNER AND ITS AFFILIATES FROM ANY AND ALL LIABILITY
FOR THE SAME. CUSTOMER SHALL BE LIABLE FOR, AND SHALL INDEMNIFY AND DEFEND OWNER
AND ITS AFFILIATES FROM, ANY AND ALL LIABILITY, LOSS, DAMAGE, COST OR EXPENSE
FOR (I) ANY ACT OR OMISSION OF CUSTOMER OR ANY OTHER PERSON IN, ON OR ABOUT THE
TERMINAL, (II) ANY DAMAGE OR DESTRUCTION TO THE TERMINAL, (III) ANY DAMAGE TO
PROPERTY OR INJURY OR DEATH TO ANY PERSON OCCURRING IN, ON OR ABOUT THE
TERMINAL, (IV) CUSTOMER'S BREACH OF ANY PROVISION OF THIS AGREEMENT, AND (V)
CUSTOMER'S FAILURE TO COMPLY WITH APPLICABLE LAWS WITH RESPECT TO THE USE,
OPERATION OR MAINTENANCE OF THE TERMINAL OR THE CONDUCT OF CUSTOMER'S BUSINESS
THEREAT, EXCEPT FOR ANY SUCH LIABILITY CAUSED SOLELY AND DIRECTLY BY OWNER'S
NEGLIGENCE OR WILLFUL MISCONDUCT. THIS PROVISION SHALL SURVIVE THE EXPIRATION OR
EARLIER TERMINATION OF THIS AGREEMENT. OWNER SHALL NOT BE DEEMED NEGLIGENT
HEREUNDER FOR FAILING TO CARRY OUT ANY RESPONSIBILITIES OR DUTIES THAT HAVE BEEN
ALLOCATED TO CUSTOMER HEREUNDER.

         Section 8.02. Customer's Insurance. At all times during the Term,
Customer shall carry general public liability and property damage insurance,
issued by one or more insurance companies reasonably acceptable to Owner, with
the following minimum coverages:

A.       Commercial General Liability Insurance with a minimum combined single
         limit of $1,000,000.00 per occurrence for bodily injury and property
         damage and a $2,000,000.00 aggregate. Such insurance must include
         contractual liability coverage.

B.       Automobile Liability Insurance, covering all owned, non-owned and hired
         vehicles with a minimum combined single limit for bodily injury and
         property damage of $1,000,000.00 per accident.

C.       Worker's Compensation Insurance and Occupational Disease Insurance as
         required by law and Employer's Liability Insurance with limits of not
         less than $1,000,000.00 for any accident or occupational disease.

D.       Excess Liability coverage providing additional limits over all of the
         foregoing insurance with limits of not less than $1,000,000.00 per
         occurrence.

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E.       Environmental liability coverage (sudden and accidental coverage only)
         providing limits of not less than $1,000,000.00 per occurrence and
         $2,000,000.00 in the aggregate.

The insurance policies shall protect Customer and Owner as their interests may
appear, naming Owner and/or its affiliates as additional insureds, and shall
provide that they may not be canceled or materially changed on less than 30
days' prior written notice to Owner. All such policies shall waiver subrogation
rights against the Owner. If requested by Owner, all such policies shall also
name Owner's senior lenders as additional insureds, provide similar notice
rights thereto and waive subrogation rights in respect thereof. Customer shall
furnish Owner with Certificates of Insurance evidencing all required coverages
on or before the Commencement Date. If Customer fails to carry such insurance
and furnish Owner with such Certificates of Insurance after a request to do so,
Owner may obtain such insurance and collect the cost thereof from Customer.

                           ARTICLE 9 - EMINENT DOMAIN

         If all or any substantial part of the Terminal shall be acquired by the
exercise of eminent domain, Owner may terminate this Agreement by giving written
notice to Customer on or before the date that actual possession thereof is so
taken. If all or any part of the Terminal shall be acquired by the exercise of
eminent domain so that the Terminal shall become unusable by Customer for the
Permitted Use, Customer may terminate this Agreement as of the date that actual
possession thereof is so taken by giving written notice to Owner. All proceeds
payable in connection with any such exercise shall be deemed to be the property
of and payable solely to Owner.

                             ARTICLE 10 - ASSIGNMENT

         Neither party shall assign this Agreement in whole or in part without
the express written consent of the other party; provided, that, subject to
Section 13.07, Customer shall have the right to pledge its rights under this
Agreement to its lender, Bank One, and, in the event of a default by Customer,
as defined in Article 11 below, Customer's lender, Bank One, will have the
option of assuming in writing all of Customer's rights, privileges and
obligations hereunder; and provided further, that Owner shall be entitled to
pledge its rights under this Agreement to its lenders, and, in the event of a
default by Owner, as defined in Article 11 below, Owner's lenders will have the
option of assuming in writing all of Owner's rights, privileges and obligations
hereunder.

                         ARTICLE 11 - DEFAULT AND REMEDY

         Section 11.01. Default. The occurrence of any of the following shall be
a "Default":

A.       Customer fails to pay any amounts due Owner from Customer within 30
         days after the same is due.

B.       Customer fails to perform or observe any other term, condition,
         covenant or obligation required under this Agreement for a period of 30
         days after notice thereof from Owner; provided, however, that if the
         nature of Customer's default is such that more than 30 days are
         reasonably required to cure, then such default shall be deemed to have
         been cured if Customer commences such performance within said 30-day
         period and thereafter diligently completes the required action within a
         reasonable time.

C.       Customer shall assign all or a portion of its rights under this
         Agreement in contravention of the provisions of Article 10 of this
         Agreement.

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D.       All or substantially all of Customer's assets or Customer's interest in
         this Agreement are attached (subject to the rights of Bank One under
         Article 10) or levied under execution (and Customer does not discharge
         the same within 30 days thereafter); a petition in bankruptcy,
         insolvency or for reorganization or arrangement is filed by or against
         Customer (and Customer fails to secure a stay or discharge thereof
         within 30 days thereafter); Customer is insolvent and unable to pay its
         debts as they become due; Customer makes a general assignment for the
         benefit of creditors; Customer takes the benefit of any insolvency
         action or law; the appointment of a receiver or trustee in bankruptcy
         for Customer or its assets if such receivership has not been vacated or
         set aside within 30 days thereafter; or, dissolution or other
         termination of Customer's existence.

         Section 11.02. Remedies. Upon the occurrence of any Default, Owner
shall have the following rights and remedies, in addition to those allowed by
law or in equity, any one or more of which may be exercised without further
notice to Customer:

A.       Owner may re-enter the Terminal and cure any default of Customer, and
         Customer shall reimburse Owner for any costs and expenses that Owner
         thereby incurs; and Owner shall not be liable to Customer for any loss
         or damage which Customer may sustain by reason of Owner's action.

B.       Owner may terminate this Agreement.

C.       Owner may sue for injunctive relief or to recover damages for any loss
         resulting from the Default.

         Section 11.03. Owner's Default and Customer's Remedies. Owner shall be
in default if it fails to perform any term, condition, covenant or obligation
required under this Agreement for a period of 30 days after written notice
thereof from Customer to Owner; provided, however, that if the term, condition,
covenant or obligation to be performed by Owner is such that it cannot
reasonably be performed within 30 days, such default shall be deemed to have
been cured if Owner commences such performance within said 30-day period and
thereafter diligently undertakes to complete the same. Upon the occurrence of
any such default, Customer may sue for injunctive relief or to recover damages
for any loss directly resulting from the breach, but Customer shall not be
entitled to terminate this Agreement or withhold, offset or abate any sums due
hereunder.

         Section 11.04. Limitation of Owner's Liability. If Owner shall fail to
perform any term, condition, covenant or obligation required to be performed by
it under this Agreement and if Customer shall, as a consequence thereof, recover
a money judgment against Owner, Customer agrees that it shall look solely to
Owner's right, title and interest in and to the Terminal for the collection of
such judgment; and Customer further agrees that no other assets of Owner shall
be subject to levy, execution or other process for the satisfaction of
Customer's judgment.

         Section 11.05. Nonwaiver of Defaults. Neither party's failure or delay
in exercising any of its rights or remedies or other provisions of this
Agreement shall constitute a waiver thereof or affect its right thereafter to
exercise or enforce such right or remedy or other provision. No waiver of any
default shall be deemed to be a waiver of any other default. No act or omission
by Owner or its employees or agents during the Term shall be deemed an
acceptance of a surrender of the Terminal, and no agreement to accept such a
surrender shall be valid unless in writing and signed by Owner.

                                       7

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         Section 11.06. Attorneys' Fees. If either party defaults in the
performance or observance of any of the terms, conditions, covenants or
obligations contained in this Agreement and the non-defaulting party obtains a
judgment against the defaulting party, then the defaulting party agrees to
reimburse the non-defaulting party for reasonable attorneys' fees incurred in
connection therewith.

                ARTICLE 12 - CUSTOMER'S RESPONSIBILITY REGARDING
                  ENVIRONMENTAL LAWS AND HAZARDOUS SUBSTANCES.

         Section 12.01. Definitions.

         a.       "Environmental Laws" - All present or future federal, state
and local laws, ordinances, rules and regulations applicable to the
environmental and ecological condition of the Terminal, the rules and
regulations of the Federal Environmental Protection Agency or any other federal,
state or municipal agency or governmental board or entity having jurisdiction
over the Terminal, and all laws pertaining to health and safety.

         b.       "Hazardous Substances" - Those substances included within the
definitions of "hazardous substances", "hazardous materials", "toxic
substances", "solid waste" or "infectious waste" under Environmental Laws.

         Section 12.02. Compliance. In addition to its similar obligations under
Section 4.02, Customer, at its sole cost and expense, shall promptly comply with
the Environmental Laws including any notice from any source issued pursuant to
the Environmental Laws or issued by any insurance company which shall impose any
duty upon Customer with respect to the use, occupancy, operation, use,
maintenance or alteration of the Terminal whether such notice shall be served
upon Owner or Customer. Such obligations shall include, without limitation, any
modifications or additions to the Terminal that may be required under the
Environmental Laws during the Term.

         Section 12.03. Restrictions on Customer. Customer shall operate its
business and maintain the Terminal in compliance with all Environmental Laws.
Customer shall not cause or permit the use, generation, release, manufacture,
refining, production, processing, storage or disposal of any Hazardous
Substances on, under or about the Terminal, or the transportation to or from the
Terminal of any Hazardous Substances, except as necessary and appropriate for
its Permitted Use in which case the use, storage or disposal of such Hazardous
Substances shall be performed in compliance with the Environmental Laws and the
highest standards prevailing in the industry

         Section 12.04. Notices. Customer shall immediately notify Owner of any
violation by Customer, its employees, agents, representatives, customers,
invitees or contractors of the Environmental Laws on, under or about the
Terminal, and shall immediately deliver to Owner any notice received by Customer
relating to any such violation from any source.

         Section 12.05. Owner's Rights. Owner and its agents shall have the
right, but not the duty, upon advance notice (except in the case of emergency
when no notice shall be required) to inspect the Terminal and conduct tests
thereon to determine whether or the extent to which there has been a violation
of Environmental Laws by Customer. In exercising its rights herein, Owner shall
use reasonable efforts to minimize interference with Customer's business but
Owner shall not be liable for any interference, loss, or damage to Customer's
property or business caused thereby

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         Section 12.06. Customer's Indemnification. Customer shall indemnify
Owner from any and all claims, losses, liabilities, costs, expenses and damages,
including attorneys' fees, costs of testing and remediation costs, incurred by
Owner in connection with any breach by Customer of its obligations under this
Article 12. The covenants and obligations under this Article 12 shall survive
the expiration or earlier termination of this Agreement.

                           ARTICLE 13 - MISCELLANEOUS

         Section 13.01. Benefit of Owner and Customer. This Agreement shall
inure to the benefit of and be binding upon Owner and Customer and their
respective successors and permitted assigns.

         Section 13.02. Governing Law. This Agreement shall be governed in
accordance with the laws of the State of Arkansas.

         Section 13.03. Notices. Any notice required or permitted to be given
under this Agreement or by law shall be deemed to have been given if it is
written and delivered in person or by overnight courier or mailed by certified
mail, postage prepaid, to the party who is to receive such notice at the
following addresses:

            Customer:                     Cross Oil Refining & Marketing, Inc.
                                          484 E. Sixth Street
                                          Smackover, Arkansas  71762
                                          Attention:  Jeanie Hogg
                                          Fax: (870) 854 8668

                                          With a copy to:

                                          Joseph Hickey
                                          Compton, Prewett, Thomas & Hickey, LLP
                                          423 North Washington Avenue
                                          El Dorado, Arkansas 71730
                                          Fax:  (870) 862-7228

            Owner:                        Martin Operating Partnership L.P.
                                          4200 Stone Road
                                          Kilgore, Texas  75662
                                          Attention:  Robert Bondurant
                                          Fax:  (903) 988-6403

                                          With a copy to:

                                          Neel Lemon
                                          Baker Botts L.L.P.
                                          2001 Ross Avenue
                                          Dallas, Texas 75201-2980
                                          Fax:  (214) 661-4954

If delivered in person, notice shall be deemed given as of the delivery date. If
sent by overnight courier, notice shall be deemed given as of the first business
day after sending. If mailed, the notice shall be

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<PAGE>

deemed to have been given three business days after mailing. Either party may
change its address by giving written notice thereof to the other party.

         Section 13.05. Partial Invalidity; Complete Agreement. If any provision
of this Agreement shall be held to be invalid, void or unenforceable, the
remaining provisions shall remain in full force and effect. This Agreement
represents the entire agreement between Owner and Customer covering everything
agreed upon or understood in this transaction. There are no oral promises,
conditions, representations, understandings, interpretations or terms of any
kind as conditions or inducements to the execution hereof or in effect between
the parties. No change or addition shall be made to this Agreement except by a
written agreement executed by Owner and Customer.

         Section 13.06. Representations and Warranties. Each party hereto
represents and warrants to the other party that such representing party has full
right, power and authority to enter into this Agreement and has full right,
power and authority to consummate the transactions provided for herein, all
required corporate or partnership, as the case may be, or other action necessary
to authorize such to enter into and to consummate the transactions provided
herein has been taken, and the joinder of no person or entity is necessary to
execute and deliver this Agreement and to perform all of such party's
obligations hereunder.

         Section 13.07. No Liens. Neither Customer nor any person or entity
claiming rights through Customer shall be permitted to place any liens,
mortgages, security interests, encumbrances, adverse claims or similar interests
on the Terminal. Customer acknowledges and agrees that Owner shall be entitled
to pledge and grant a mortgage and security interest in the Terminal to its
lenders and creditors; provided, that any such pledge, mortgage and security
interest will not extend to any crude oil and/or finished oil product
inventories owned by Customer.

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         N WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first above written.

                                           OWNER:

                                           MARTIN OPERATING PARTNERSHIP L.P.

                                           By: Martin Operating GP LLC, Its
                                           General Partner;

                                                 By: Martin Midstream Partners
                                                 L.P., Its Sole Member

                                                       BY:  Martin Midstream GP
                                                            LLC, Its General
                                                              Partner

                                                 By: /s/ ROBERT BONDURANT
                                                     ---------------------------
                                                 Name:  Robert Bondurant
                                                 Title: Chief Financial Officer

                                           CUSTOMER:

                                           CROSS OIL REFINING & MARKETING, INC.

                                           By:    /s/ DENNY E. MCCONATHY
                                                  ------------------------------
                                           Name:  Denny E. McConathy
                                                  ------------------------------
                                           Title: Chairman and CEO
                                                  ------------------------------

                                       11

<PAGE>

                                    EXHIBIT A

                              TERMINAL DESCRIPTION

A part of the Northeast Quarter of Section 27, Township 15 South, Range 15 West,
Quachita County, Arkansas, being more particularly described as follows:

Commencing from the Northeast Corner of the Northeast Quarter of the Northeast
Quarter of said Section 27, thence along the North line of said Forty, North 89
degrees 57 minutes 50 seconds West for a distance of 660.29 feet to a Found
I.P.for a point of beginning, thence South 01 degrees 15 minutes 00 seconds West
for a distance of 429.00 feet to a Found I.P., thence North 89 degrees 57
minutes 50 seconds West for a distance of 747.00 feet, thence North 01 degrees
23 minutes 05 seconds East for a distance of 162.46 feet, thence South 89
degrees 57 minutes 50 seconds East for a distance of 85.99 feet to a point on
the shore line of the Quachita River, thence along said shore line, North 64
degrees 59 minutes 56 seconds East for a distance of 59.29 feet, thence along
said shore line, North 28 degrees 51 minutes 06 seconds East for a distance of
113.79 feet, thence along said shore line, North 34 degrees 19 minutes 51
seconds East for a distance of 171.51 feet to the North line of said forty,
thence along the North line of said Forty, South 89 degrees 57 minutes 50
seconds East for a distance of 461.07 feet to the point of beginning. Said
property contains 6.13 acres more or less.

Easements and adjacent purchase rights granted in Warranty Deeds recorded in
Book 611, Pages 437, 443 and 449.

                                       12<PAGE>

                                                                   EXHIBIT 10.40

                                ESCROW AGREEMENT

         This ESCROW AGREEMENT (the "Agreement") is made and entered into as of
August 8, 2003, by and between ACC Escrow Corp., a Delaware corporation ("Escrow
Corp."), Bank of Oklahoma, National Association, as trustee (the "Trustee")
under the Indenture (as hereinafter defined), and Bank of Oklahoma, National
Association, as escrow agent (the "Escrow Agent").

         WHEREAS, this Agreement is being entered into in connection with the
Purchase Agreement, dated July 25, 2003 (the "Purchase Agreement"), by and among
Escrow Corp., American Cellular Corporation ("ACC") and the Guarantors named
therein and Bear, Stearns & Co. Inc. and Morgan Stanley & Co. Incorporated (each
an "Initial Purchaser" and, collectively, the "Initial Purchasers") and the
Indenture, dated as of August 8, 2003 (the "Indenture"), by and between Escrow
Corp. and the Trustee;

         WHEREAS, pursuant to the Purchase Agreement, Escrow Corp. and ACC have
agreed to issue and sell (the "Offering") to the Initial Purchasers for resale
by the Initial Purchasers under Rule 144A and Regulation S of the Securities Act
of 1933, as amended (the "Securities Act"), $900,000,000 in aggregate principal
amount of Escrow Corp.'s 10% Senior Notes due 2011 (the "Notes") as contemplated
by that certain offering memorandum, dated July 25, 2003 (the "Offering
Memorandum");

         WHEREAS, Escrow Corp. is expected to merge with and into ACC with ACC
as the surviving entity (the "Escrow Corp. Merger") pursuant to the Agreement
and Plan of Merger, dated as of August 8, 2003 by and between Escrow Corp. and
ACC (the "Merger Agreement");

         WHEREAS, upon consummation of the Escrow Corp. Merger, ACC will succeed
to the obligations of Escrow Corp. under the Purchase Agreement and under the
Indenture and the Notes, will execute a supplemental indenture to the Indenture
in connection therewith, and ACC's obligations under the Registration Rights
Agreement will become operative;

         WHEREAS, upon consummation of the Escrow Corp. Merger, the Notes will
become fully and unconditionally guaranteed as to payment of principal,
interest, premium and liquidated damages, if any, on an unsecured senior basis,
jointly and severally by all of the Subsidiaries of ACC so designated in the
Purchase Agreement upon consummation of the Escrow Corp. Merger;

         WHEREAS, concurrently with the closing of the Offering, Escrow Corp.
will deposit, or cause to be deposited, the Initial Deposit (as hereinafter
defined) with the Escrow Agent; and

         WHEREAS, Escrow Corp. and the Trustee, on behalf of the holders of the
Notes, wish to engage the Escrow Agent to act, and the Escrow Agent is willing
to act, as Escrow Corp.'s and the Trustee's escrow agent hereunder and, in that
capacity, to hold, administer and distribute the amounts deposited in escrow
hereunder in accordance with, and subject to, the terms of this Agreement.

         NOW THEREFORE, for value consideration, the receipt whereof is hereby
acknowledged, the parties hereto agree as follows:

<PAGE>

SECTION 1.        DEFINITIONS.

         "Business Day" means a day other than a Saturday, Sunday or other day
on which banking institutions in the State of New York are authorized or
required by law to close.

         "Cash Equivalents" means:

(1)      United States dollars;

(2)      securities issued or directly and fully guaranteed or insured by the
         United States government or any agency or instrumentality of the United
         States government (provided that the full faith and credit of the
         United States is pledged in support of those securities) having
         maturities of not more than six months from the date of acquisition;

(3)      certificates of deposit and eurodollar time deposits with maturities of
         six months or less from the date of acquisition, bankers' acceptances
         with maturities not exceeding six months and overnight bank deposits,
         in each case, with any domestic commercial bank having capital and
         surplus in excess of $500.0 million and a Thomson Bank Watch Rating of
         "B" or better;

(4)      repurchase obligations with a term of not more than seven days for
         underlying securities of the types described in clauses (2) and (3)
         above entered into with any financial institution meeting the
         qualifications specified in clause (3) above;

(5)      commercial paper having one of the two highest ratings obtainable from
         Moody's Investors Service, Inc. or S&P and in each case maturing within
         six months after the date of acquisition; and

(6)      money market funds at least 95% of the assets of which constitute Cash
         Equivalents of the kinds described in clauses (1) through (5) of this
         definition.

         "Dobson" means Dobson Communications Corporation, an Oklahoma
corporation. Escrow Corp. is an indirect, wholly-owned subsidiary of Dobson.

         "Dobson JV" means Dobson JV Company, an Oklahoma corporation and a
direct, wholly-owned subsidiary of Dobson. Escrow Corp. is a direct,
wholly-owned subsidiary of Dobson JV.

         "Escrow Account" has the meaning set forth in Section 2(a) hereof.

         "Escrow Property" means (i) the Initial Deposit and the proceeds
therefrom, including without limitation, any income, earnings or proceeds
received by the Escrow Agent from the investment thereof from time to time
pursuant to Section 2 hereof, (ii) the Escrow Account and all property now or
hereafter credited thereto including, without limitation, all Cash Equivalents
and earnings thereon and (iii) all rights of Escrow Corp. under this Agreement.

         "Escrow Security Interest" has the meaning set forth in Section 2(b)
hereof.

                                       2
<PAGE>

         "Initial Deposit" means cash in an aggregate amount equal to
$922,500,000.

         "Moody's" means Moody's Investors Service, Inc. or any successor to the
rating agency business thereof.

         "Reorganization" means the series of transactions to restructure the
outstanding indebtedness and capital structure of ACC, including, but not
limited to the Offering, the Escrow Corp. Merger, the cancellation of
indebtedness represented by ACC's outstanding 9 1/2 Senior Subordinated Notes
due 2009 and the cancellation of indebtedness under ACC's existing credit
facility.

         "S&P" means Standard & Poor's Ratings Service or any successor to the
rating agency business thereof.

         "UCC" means the Uniform Commercial Code as in effect from time to time
in the State of New York.

         Other capitalized terms used but not defined herein have the meanings
given to such terms in the Indenture.

SECTION 2.        DEPOSIT OF ESCROW FUNDS OR PROPERTY

         (a) Concurrently with the execution and delivery hereof or promptly
thereafter, Escrow Corp. shall deposit or cause to be deposited the Initial
Deposit with the Escrow Agent. The Escrow Agent agrees to hold the Escrow
Property in a segregated trust account established with the Escrow Agent, which
shall at all times be under the sole dominion and control, and the "control"
within the meaning of Sections 8-106 and 9-104 of the UCC, of the Trustee (the
"Escrow Account"). The Escrow Agent agrees to administer the Escrow Property in
accordance with the terms of this Agreement. Upon receipt of the Initial
Deposit, the Escrow Agent shall, upon the written request of Escrow Corp.,
invest all or a portion of the Escrow Property in specific Cash Equivalents, as
specifically directed in writing by Escrow Corp. and the Escrow Agent agrees to
credit all Cash Equivalents to the Escrow Account and agrees to treat all Cash
Equivalents and other assets now or hereafter credited to the Escrow Account as
"financial assets" within the meaning of Section 8-102(a)(9) of the UCC. It is
understood and agreed that the Escrow Account shall be maintained in the name
"Bank of Oklahoma, National Association, as trustee" and the Escrow Agent shall
treat the Trustee as its customer and entitlement holder of the Escrow Account.
Escrow Agent agrees to comply with all entitlement orders and instructions
issued by the Trustee with respect to the Escrow Account and the funds,
financial assets and other property now or hereafter credited thereto without
further consent of Escrow Corp. or any other person.

         (b) The Trustee, for the ratable benefit of the holders of the Notes,
is hereby granted a first priority security interest in the Escrow Property (the
"Escrow Security Interest"), and Escrow Corp. shall at its expense prepare,
execute and file all financing statements and take all other steps necessary or
as may be reasonably requested by the Trustee or Initial Purchasers in
connection with the perfection, preservation and protection of the Escrow
Security Interest and to enable the Trustee to exercise and enforce its rights
and remedies hereunder. The Escrow Agent acknowledges that it will hold the
Escrow Property for the benefit of the Trustee, and Escrow

                                       3
<PAGE>

Corp. shall have no right to remove or withdraw any Escrow Property from the
Escrow Account without the prior written consent of the Trustee. For so long as
the Escrow Security Interest remains in effect, the Escrow Agent hereby waives
any right of setoff or banker's lien that it, in its individual capacity or in
its capacity as an agent for Persons other than the Trustee and the holders of
the Notes, may have with respect to any or all of the Escrow Property. The
Escrow Security Interest of the Trustee will terminate upon the termination of
this Agreement pursuant to Section 10 hereof.

         (c) So long as this Agreement is in full force and effect:

                  (i) Escrow Corp. shall establish and maintain the Escrow
         Account with the Escrow Agent in accordance with the terms of this
         Agreement, and the Escrow Account shall at all times remain under the
         exclusive dominion and control, and the "control" within the meaning of
         Sections 8-106 and 9-104 of the UCC, of the Trustee;

                  (ii) notwithstanding any term or condition to the contrary in
         any other agreement relating to the Escrow Account, except as otherwise
         provided by this Agreement, no amount shall be paid or released to or
         for the account of, or withdrawn by or for the account of, Escrow Corp.
         or any other Person other than the Trustee or its designee from the
         Escrow Account; and

                  (iii) Escrow Corp. agrees that it will not (i) sell, assign
         (by operation of law or otherwise) or otherwise dispose of, or grant
         any option with respect to, any of the Escrow Property or (ii) create
         or permit to exist any Lien upon or with respect to any of the Escrow
         Property, except for the security interest under this Agreement.

SECTION 3.        INVESTMENT OF FUNDS.

         (a) Absent its timely receipt of specific written investment
instructions from Escrow Corp., the Escrow Agent shall have no obligation or
duty to invest (or otherwise pay interest on) the Escrow Property; provided,
however, that in the event the Escrow Agent shall not have received such written
investment instructions, the Escrow Agent shall be authorized to invest all of
the Escrow Property in Cash Equivalents until such written investment
instructions, as set forth and described in Section 2, is received. All earnings
received from the investment of the Escrow Property shall be credited to, and
shall become a part of, the Escrow Property and any losses on such investments
shall be debited to the Escrow Property. The Escrow Agent shall have no
liability for any investment losses, including without limitation any market
loss on any investment liquidated prior to maturity in order to make a payment
required hereunder.

         (b) Escrow Corp. agrees that, for tax reporting purposes, all interest
or other income earned from the investment of the Escrow Property in any tax
year shall to the extent such interest or other income is distributed by the
Escrow Agent to Escrow Corp. or any other Person or entity pursuant to the terms
of this Agreement during such tax year, be reported as allocated to Escrow Corp.
or such Person.

         (c) Escrow Corp. agrees to provide the Escrow Agent with a certified
tax identification number by signing and returning a Form W-9 to the Escrow
Agent as soon as possible following the execution and delivery of this
Agreement. Escrow Corp. understands that,

                                       4
<PAGE>

in the event its tax identification number is not certified to the Escrow Agent,
the Internal Revenue Code, as amended from time to time, may require withholding
of a portion of any interest or other income earned on the investment of the
Escrow Property.

SECTION 4.        RELEASE FROM ESCROW.

         (a) The Escrow Agent shall only release the Escrow Property from the
Escrow Account created hereby to a person other than the Trustee or its designee
in accordance with this Section 4 and upon termination of this Agreement in
accordance with Section 10.

         (b) Upon the earlier to occur of (i) the date on which the Merger
Agreement is terminated or (ii) the date on which Dobson determines that the
Escrow Corp. Merger will not be consummated within 90 days of the date of this
Agreement, Escrow Corp. shall deliver an Officer's Certificate to the Escrow
Agent in the form of Exhibit B attached hereto. If the Escrow Agent receives an
Officers' Certificate from Escrow Corp. in the form of Exhibit B attached
hereto, then the Escrow Agent shall, on the Special Mandatory Redemption Date
specified therein, (i) release to the Paying Agent for payment to the Holders of
the Notes, the amount of Escrow Property equal to the redemption price payable
under the Indenture sufficient to redeem all of the Notes outstanding on such
Special Mandatory Redemption Date and (ii) release the balance, if any, of the
Escrow Property to Dobson JV. The Special Mandatory Redemption Date shall be no
later than two Business Days after the date of such Officer's Certificate (in
the form of Exhibit B). Receipt of such Officers' Certificate specified in this
paragraph (b) shall be a condition to release of the Escrow Property pursuant to
this paragraph (b) of Section 4.

         (c) In the event that the Escrow Corp. Merger is consummated, Escrow
Corp. shall deliver to the Escrow Agent an Officer's Certificate in the form of
Exhibit C attached hereto no later than (i) one Business Day prior to the
closing date of the Escrow Corp. Merger (such closing date referred to herein as
the "Merger Closing Date") or (ii) such later time as Escrow Corp. and the
Escrow Agent mutually agree. If the Escrow Agent receives an Officers'
Certificate from Escrow Corp. in the form of Exhibit C attached hereto, then the
Escrow Agent shall, on the Merger Closing Date, (i) release the Initial Deposit
to Escrow Corp. or as Escrow Corp. may have previously directed in writing and
(ii) release the balance, if any, of the Escrow Property to Dobson JV. Receipt
of such Officers' Certificate specified in this paragraph (c) shall be a
condition to release of the Escrow Property pursuant to this paragraph (c) of
Section 4.

         (d) If the Escrow Agent does not receive an Officers' Certificate
pursuant to paragraph (b) or (c) of this Section 4 on or prior to November 6,
2003, then the Escrow Agent shall, no later than 9:00 a.m. eastern time on
November 8, 2003, (i) release to the Paying Agent for payment to the Holders of
the Notes, the amount of Escrow Property equal to the redemption price payable
under the Indenture sufficient to redeem all of the Notes outstanding as of a
November 6, 2003 Special Mandatory Redemption Date and (ii) release the balance,
if any, of the Escrow Property to Dobson JV.

         (e) The Escrow Agent shall be authorized to take any and all action to
convert the non-cash portion of the Escrow Property into cash on or prior to
9:00 a.m. eastern time on:

                                       5
<PAGE>

         (i) November 8, 2003, in the case of a release of the Escrow Property
         pursuant to paragraph 4(d);

         (ii) the Special Mandatory Redemption Date, in the case of a release of
         the Escrow Property pursuant to paragraph 4(b), provided that the
         Escrow Agent shall be authorized to commence such actions upon receipt
         of an Officers' Certificate under paragraph 4(b); and

         (iii) the Merger Closing Date, in the case of a release of the Escrow
         Property pursuant to paragraph 4(c), provided that Escrow Agent shall
         be authorized to commence such actions upon receipt of an Officers'
         Certificate under paragraph 4(c).

SECTION 5.        ESCROW AGENT.

         (a) Escrow Corp. acknowledges and agrees that the Escrow Agent (i)
shall not be responsible for any of the agreements referred to or described
herein (including without limitation the Purchase Agreement, the Indenture or
the Merger Agreement) or for determining or compelling compliance therewith, and
shall not otherwise be bound thereby, (ii) shall be obligated only for the
performance of such duties as are expressly and specifically set forth in this
Agreement on its part to be performed, and no implied duties or obligations of
any kind shall be read into this Agreement against or on the part of the Escrow
Agent, (iii) may rely on and shall be protected in acting or refraining from
acting upon any written notice, instruction (including, without limitation, wire
transfer instructions, whether incorporated herein or provided in a separate
written instruction), instrument, statement, certificate, request or other
document (whether in original or facsimile form) furnished to it hereunder and
believed by it in good faith to be genuine and to have been signed or presented
by the proper person, and shall have no responsibility or duty to conclusively
make inquiry as to or to determine the genuineness, accuracy or validity thereof
(or any signature appearing thereon), or of the authority of the person signing
or presenting the same, and (iv) may consult counsel satisfactory to it,
including, but not limited to, in-house counsel, and the opinion or advice of
such counsel in any instance shall be full and complete authorization and
protection in respect of any action taken, suffered or omitted by it hereunder
in good faith and in accordance with the opinion or advice of such counsel.

         (b) The Escrow Agent shall not be liable to anyone for any action taken
or omitted to be taken by it hereunder except in the case of the Escrow Agent's
gross negligence or willful misconduct. The Escrow Agent in no event shall be
liable for punitive, consequential or special damages.

         (c) The Escrow Agent shall have no more or less responsibility or
liability on account of any action or omission of any book-entry depository,
securities intermediary or other subescrow agent employed by the Escrow Agent
than any such book-entry depository, securities intermediary or other subescrow
agent has to the Escrow Agent, except to the extent that such action or omission
of any book-entry depository, securities intermediary or other subescrow agent
was caused by the Escrow Agent's own gross negligence or willful misconduct in
breach of this Agreement.

                                       6
<PAGE>

         (d) The Escrow Agent is hereby authorized, in making or disposing of
any investment permitted by this Agreement, to deal with itself (in its
individual capacity) or with any one or more of its affiliates, whether it or
such affiliate is acting as a subagent of the Escrow Agent or for any third
person or dealing as principal for its own account.

         (e) The Escrow Agent shall at all times be a bank, trust company or
corporation in good standing organized and doing business under the laws of the
United States of America or a State of the United States, and having combined
capital and surplus of not less than fifty million dollars ($50,000,000). If the
Escrow Agent shall at any time cease to have the foregoing qualifications, the
Escrow Agent shall resign within 30 days thereafter, such resignation to become
effective as provided in Section 8 hereof.

SECTION 6.        COMPENSATION, EXPENSE REIMBURSEMENT AND INDEMNIFICATION.

         (a) Escrow Corp. agrees (i) to pay or reimburse the Escrow Agent for
its reasonable attorney's fees and expenses incurred in connection with the
preparation of this Agreement and (ii) to pay the Escrow Agent's compensation
for its normal services hereunder in accordance with the fee schedule attached
hereto as Exhibit A and made a part hereof which may be subject to change
hereafter by the Escrow Agent on an annual basis and which change must be
acceptable to Escrow Corp.

         (b) Escrow Corp. agrees to reimburse the Escrow Agent for all
reasonable costs and expenses incurred in connection with the administration of
this Agreement or the escrow created hereby or the performance or observance of
its duties hereunder which are in excess of its compensation for normal services
hereunder, including without limitation, payment of any reasonable legal fees
and expenses incurred by the Escrow Agent, except to the extent the Escrow Agent
shall have been found to have been grossly negligent, or engaged in willful
misconduct.

         (c) Escrow Corp. covenants and agrees to indemnify the Escrow Agent
(and its directors, officers and employees) and hold it (and such directors,
officers and employees) harmless from and against any loss, liability, claim,
damage, reasonable cost and expense of any nature incurred by the Escrow Agent
arising out of or in connection with this Agreement or with the administration
of its duties hereunder, including but not limited to reasonable attorney's fees
and other costs and expenses of defending or preparing to defend against any
claim of liability unless and except to the extent such loss, liability, damage,
cost and expense shall be caused by the Escrow Agent's gross negligence or
willful misconduct of the terms of this Agreement. The foregoing indemnification
and agreement to hold harmless shall survive the termination of this Agreement
or substitution of the Escrow Agent.

         (d) Notwithstanding anything herein to the contrary, the Escrow Agent
shall have and is hereby granted a possessory lien on and security interest in
the Escrow Property, and all proceeds thereof, to secure payment of all amounts
owing to it from time to time hereunder, whether now existing or hereafter
arising. The Escrow Agent shall have the right to deduct from the Escrow
Property, and proceeds thereof, any such sums, upon five Business Day's notice
to Escrow Corp. of its intent to do so.

                                       7
<PAGE>

         (e) Unless and except to the extent otherwise expressly set forth
herein, all deposits and payments hereunder, or pursuant to the terms hereof
shall be in U.S. dollars.

SECTION 7.        TAX INDEMNIFICATION.

         Escrow Corp. agrees (i) to assume any and all obligations imposed now
or hereafter by any applicable tax law with respect to any payment or
distribution of the Escrow Property or performance of other activities under
this Agreement (other than income or revenue of the Escrow Agent), (ii) to
instruct the Escrow Agent in writing with respect to the Escrow Agent's
responsibility for withholding and other taxes, assessments or other
governmental charges, and to instruct the Escrow Agent with respect to any
certifications and governmental reporting that may be required by it under any
laws or regulations that may be applicable in connection with its acting as
Escrow Agent under this Agreement, and (iii) to indemnify and hold the Escrow
Agent harmless from any liability or obligation on account of taxes,
assessments, additions for late payment, interest, penalties, expenses and other
governmental charges that may be assessed or asserted against the Escrow Agent
in connection with, on account of or relating to the Escrow Property, the
management established hereby, any payment or distribution of or from the Escrow
Property pursuant to the terms hereof or other activities performed under the
terms of this Agreement, including without limitation any liability for the
withholding or deduction of (or the failure to withhold or deduct) the same, and
any liability for failure to obtain proper certifications or to report properly
to governmental authorities in connection with this Agreement, including
reasonable costs and expenses (including reasonable legal fees and expenses),
interest and penalties. The foregoing indemnification and agreement to hold
harmless shall survive the termination of this Agreement.

SECTION 8.        SUBSTITUTION OF THE ESCROW AGENT.

         The Escrow Agent may resign by giving no less than 20 Business Days
prior written notice to Escrow Corp. and the Trustee. Such resignation shall
take effect upon the later to occur of (i) delivery of the Escrow Property
maintained by the Escrow Agent hereunder and copies of all books, records, plans
and other documents in the Escrow Agent's possession relating to such Escrow
Property to a successor escrow agent mutually approved by Escrow Corp. and the
Trustee (which approvals shall not be unreasonably withheld or delayed) and (ii)
Escrow Corp., the Trustee and such successor escrow agent entering into this
Agreement or any written successor agreement no less favorable to the interests
of the holders of the Notes and the Trustee than this Agreement and the taking
of such other steps as may be necessary to give the successor escrow agent a
first priority security interest in the Escrow Account, and the Escrow Agent
shall thereupon be discharged of all obligations under this Agreement and shall
have no further duties, obligations or responsibilities in connection herewith.
If a successor escrow agent has not been appointed or has not accepted such
appointment within 30 Business Days after notice of resignation is given to
Escrow Corp., the Escrow Agent may petition at the expense of Escrow Corp. a
court of competent jurisdiction for the appointment of a successor escrow agent.

SECTION 9.        REPRESENTATIONS, WARRANTIES AND AGREEMENTS.

         Escrow Corp. represents, warrants and agrees that:

                                       8
<PAGE>

         (a) The execution, delivery and performance by Escrow Corp. of this
Agreement is within its corporate power, has been duly authorized by all
necessary corporate action, and does not contravene, or constitute a default
under, any provision of applicable law or regulation or of any agreement,
judgment, injunction, order, decree or other instrument binding upon Escrow
Corp. or of the certificate of incorporation or bylaws of Escrow Corp. or result
in the creation or imposition of any Lien on any assets of Escrow Corp. other
than the Lien contemplated hereby.

         (b) Escrow Corp. has full power and authority to enter into this
Agreement and has the right to vote, pledge and grant a security interest in the
Escrow Property as provided by this Agreement.

         (c) This Agreement has been duly executed and delivered by Escrow Corp.
and constitutes a legal, valid and binding obligation of Escrow Corp.,
enforceable against it in accordance with its terms, subject to bankruptcy,
insolvency, fraudulent transfer, reorganization, moratorium and similar laws of
general applicability relating to or affecting creditors' rights and to general
equity principles.

         (d) No consent of any other Person and no consent, authorization,
approval, or other action by, and no notice to or filing with, any governmental
authority or regulatory body is required for the pledge by Escrow Corp. pursuant
to this Agreement or for the execution, delivery or performance of this
Agreement by Escrow Corp.

         (e) It is duly organized as a corporation under the laws of the State
of Delaware, is not organized under the law of any other jurisdiction, and will
not change its jurisdiction of organization without giving the Trustee 30 day's
prior written notice thereof.

SECTION 10.       TERMINATION.

         This Agreement shall terminate upon the distribution of the Escrow
Property pursuant paragraphs (b), (c) or (d), as applicable, of Section 4
hereof, provided that the provisions of Sections 6 and 7 shall survive the
termination of this Agreement. Following such termination, the Trustee shall
execute and deliver to Escrow Corp. and the Escrow Agent a termination of the
Escrow Security Interest effective at the time of the termination of this
Agreement.

SECTION 11.       DISPUTE RESOLUTION.

         It is understood and agreed that, should any dispute arise with respect
to the delivery, ownership, right of possession, and/or disposition of the
Escrow Property, or should any claim be made upon the Escrow Agent or the Escrow
Property by a third party, the Escrow Agent upon receipt of notice of such
dispute or claim is authorized and shall be entitled (at its sole option and
election) to retain in its possession without liability to anyone, all or any of
said Escrow Property until such dispute shall have been settled either by the
mutual written agreement of the parties involved or by a final non-appealable
order, decree or judgment of a court in the United States of America, the time
for perfection of an appeal of such order, decree or judgment having expired.
The Escrow Agent may, but shall be under no duty whatsoever to, institute or
defend any legal proceedings which relate to the Escrow Property.

                                       9
<PAGE>
SECTION 12.       CONSENT TO JURISDICTION AND SERVICE.

         Escrow Corp. hereby absolutely and irrevocably consents and submits to
the jurisdiction of the courts in the State of New York and of any Federal court
located in said State in connection with any actions or proceedings brought
against Escrow Corp. by the Escrow Agent arising out of or relating to this
Escrow Agreement. In any such action or proceeding, Escrow Corp. hereby
absolutely and irrevocably (i) waives any objection to jurisdiction or venue,
(ii) waives personal service of any summons, complaint, declaration or other
process, and (iii) agrees that the service thereof may be made by certified or
registered first-class mail at its address in accordance with Section 15 hereof.

SECTION 13.       WAIVER OF JURY TRIAL.

         THE ESCROW AGENT, TRUSTEE AND ESCROW CORP. HEREBY WAIVE A TRIAL BY JURY
OF ANY AND ALL ISSUES ARISING IN ANY ACTION OR PROCEEDING BETWEEN THEM OR THEIR
SUCCESSORS OR ASSIGNS, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF ITS
PROVISIONS OR ANY NEGOTIATIONS IN CONNECTION HEREWITH.

SECTION 14.       FORCE MAJEURE.

         The Escrow Agent shall not be responsible for delays or failures in
performance resulting from acts beyond its control. Such acts shall include but
not be limited to acts of God, strikes, lockouts, riots, acts of war, epidemics,
governmental regulations superimposed after the fact, fire, communication line
failures, computer viruses, power failures, earthquakes or other disasters.

SECTION 15.       NOTICES; WIRING INSTRUCTIONS.

         (a) Notice Addresses. Any notice permitted or required hereunder shall
be in writing, and shall be sent (i) by personal delivery, overnight delivery by
a nationally recognized courier or delivery service, or (ii) mailed by
registered or certified mail, return receipt requested, postage prepaid, or
(iii) by confirmed facsimile accompanied by mailing of the original on the same
day by first class mail, postage prepaid, in each case the parties at their
address set forth below (or to such other address as any such party may
hereafter designate by written notice to the other parties).

If to Escrow Corp.:

                  c/o Dobson Communications Corporation
                  14201 Wireless Way
                  Oklahoma City, Oklahoma  73134
                  Attention:    Chief Financial Officer
                                Senior Corporate Counsel
                  Telephone:    (405) 529-8500
                  Facsimile:    (405) 529-8515

                                       10
<PAGE>

If to Escrow Agent:

                  By first class mail, to:

                  Bank of Oklahoma, National Association
                  9520 North May, Suite 110
                  Oklahoma City, Oklahoma  73120
                  Telecopier No.: (405) 936-3964
                  Attention:  Corporate Trust Group

If to Trustee:

                  By first class mail, to:

                  Bank of Oklahoma, National Association
                  9520 North May, Suite 110
                  Oklahoma City, Oklahoma  73120
                  Telecopier No.: (405) 936-3964
                  Attention:  Corporate Trust Group

         (b) Wiring Instructions. Any funds to be paid to the Escrow Agent
hereunder shall be sent by wire transfer pursuant to the following instructions
(or by such method of payment and pursuant to such instruction as may have been
given in advance and in writing to or by the Escrow Agent, as the case may be,
in accordance with Section 15(a) above):

         Bank of Oklahoma, N.A.
         ABA # 103900036
         Credit Account # 600024642
                  Trust Funds
         Re: ACC Escrow Corp.
         Attn: Rachel Singleton

SECTION 16.       MISCELLANEOUS.

         (a) Third Party Beneficiary. Nothing in this Agreement, express or
implied, is intended to confer any rights or remedies of any nature whatsoever
to any third party.

         (b) Binding Effect; Successors. This Agreement shall be binding upon
the respective parties hereto and their heirs, executors, successors and
assigns. If the Escrow Agent consolidates, merges or converts into, or transfers
all or substantially all of its corporate trust business to, another
corporation, the successor corporation without any further act shall be the
successor Escrow Agent. If the Escrow Corp. Merger is consummated, Escrow Corp.
shall assign its rights and obligations hereunder to the surviving corporation
in such merger, and shall promptly notify the Escrow Agent in writing of such
assignment.

         (c) Modifications. This Agreement may not be altered or modified
without the express written consent of the parties hereto. No course of conduct
shall constitute a waiver of

                                       11
<PAGE>
any of the terms and conditions of this Escrow Agreement, unless such waiver is
specified in writing, and then only to the extent so specified. A waiver of any
of the terms and conditions of this Escrow Agreement on one occasion shall not
constitute a waiver of the other terms of this Escrow Agreement, or of such
terms and conditions on any other occasion. Notwithstanding any other provision
hereof, consent to an alteration or modification of this Agreement may not be
signed by means of an e-mail address.

         (d) Governing Law. THIS ESCROW AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK WITHOUT
REGARD TO THE CONFLICT OF LAWS PRINCIPLES THEREOF WHICH MIGHT INDICATE THE
APPLICABILITY OF THE LAWS OF ANOTHER JURISDICTION. REGARDLESS OF ANY PROVISION
IN ANY OTHER AGREEMENT, WITH RESPECT TO THE ESCROW ACCOUNT, NEW YORK SHALL BE
DEEMED TO BE THE ESCROW AGENT'S JURISDICTION WITHIN THE MEANING OF SECTION 9-304
AND 8-110 OF THE UCC.

         (e) Reproduction of Documents. This Agreement and all documents
relating thereto, including, without limitation, (a) consents, waivers and
modifications which may hereafter be executed, and (b) certificates and other
information previously or hereafter furnished, may be reproduced by any
photographic, photostatic, microfilm, optical disk, micro-card, miniature
photographic or other similar process. The parties agree that any such
reproduction shall be admissible in evidence as the original itself in any
judicial or administrative proceeding, whether or not the original is in
existence and whether or not such reproduction was made by a party in the
regular course of business, and that any enlargement, facsimile or further
reproduction of such reproduction shall likewise be admissible in evidence.

         (f) Counterparts. This Escrow Agreement may be executed in several
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

         (g) Trustee. The Trustee in entering into this agreement shall have the
benefit of the protective provisions set forth in Article 7 of the Indenture to
the same effect as if set forth herein.

                                       12
<PAGE>

         IN WITNESS WHEREOF, each of the parties has caused this Agreement to be
duly executed and delivered in its name and on its behalf as of the 8th day of
August, 2003.

                                              ACC ESCROW CORP.

                                              By:   /s/ BRUCE R. KNOOIHUIZEN
                                                    Name:  Bruce R. Knooihuizen
                                                    Title:  Vice President

                                       13
<PAGE>

                                              BANK OF OKLAHOMA, NATIONAL
                                                 ASSOCIATION,
                                                 as Escrow Agent

                                              By:   /s/ TIM COOK
                                                    Title:
                                                    Name:  Tim Cook

                                              BANK OF OKLAHOMA, NATIONAL
                                                 ASSOCIATION,
                                                 as Trustee

                                              By:   /s/ TIM COOK
                                                    Title:
                                                    Name:  Tim Cook

<PAGE>

                                                                       EXHIBIT A

                                  Fee Schedule

                      Escrow Agent Fee:      $2,000.00

<PAGE>

                                                                       EXHIBIT B

                          FORM OF OFFICERS' CERTIFICATE
                                       OF
                                ACC ESCROW CORP.

                  This Officers' Certificate is being delivered pursuant to
Section 4(b) of the Escrow Agreement (the "Escrow Agreement"), dated as of
August 8, 2003, among ACC Escrow Corp. (the "Escrow Corp."), Bank of Oklahoma,
National Association, as trustee, and Bank of Oklahoma, National Association, as
escrow agent (the "Escrow Agent"). Capitalized terms used but not defined herein
shall have the meanings given to them in the Escrow Agreement.

                  Escrow Corp. hereby certifies through its undersigned officers
that:

                  1. A Special Mandatory Redemption shall be effected pursuant
to paragraph 6 of the Notes and Section 3.08 of the Indenture on __________ __,
2003 (the "Special Mandatory Redemption Date").

                  2. Escrow Corp. hereby instructs the Escrow Agent to remit to
the Paying Agent under the Indenture, for payment to the Holders of the Notes on
the Special Mandatory Redemption Date, US$ __________ of Escrow Property, which
amount of Escrow Property equals the full redemption price, including accrued
interest, payable to the Holders of the Notes in accordance with paragraph 6 of
the Notes and Section 3.08 of the Indenture, and is sufficient to redeem all of
the Notes outstanding on such Special Mandatory Redemption Date in accordance
with the terms of the Indenture and the Notes. Such amount of Escrow Property
specified above shall be remitted to the Paying Agent no later than 9:00 a.m.
eastern time on the Special Mandatory Redemption Date [if the Escrow Agent is
not the Paying Agent, insert: by wire transfer of immediately available funds in
accordance with the following wire transfer instructions]:

                       [insert wire transfer instructions]

                  3. The balance of Escrow Property, if any, remaining in the
Escrow Account after remitting the amount of Escrow Property to the Paying Agent
specified in paragraph 2 above, is to be remitted to Dobson JV on the Special
Mandatory Redemption Date by wire transfer of immediately available funds in
accordance with the following wire transfer instructions:

                       [insert wire transfer instructions]

                  4. All conditions precedent (other than payment) to the
Special Mandatory Redemption contained in Section 3.08 of the Indenture have
been satisfied or waived.

<PAGE>

                  IN WITNESS WHEREOF, Escrow Corp., through its undersigned
officers, has signed this Officers' Certificate this ___ day of _____________
2003.

                                                      ACC ESCROW CORP.

                                                      By:
                                                          ----------------------
                                                      Name:
                                                      Title:

                                                      By:
                                                          ----------------------
                                                      Name:
                                                      Title:

<PAGE>

                                                                       EXHIBIT C

                          FORM OF OFFICERS' CERTIFICATE
                                       OF
                                ACC ESCROW CORP.

                               _________ __, 2003

                  This Officers' Certificate is being delivered pursuant to
Section 4(c) of the Escrow Agreement (the "Escrow Agreement"), dated as of
August 8, 2003, among ACC Escrow Corp. (the "Escrow Corp."), Bank of Oklahoma,
National Association, as trustee, under the Indenture and Bank of Oklahoma,
National Association, as escrow agent (the "Escrow Agent"). Capitalized terms
used but not defined herein shall have the meanings given to them in the Escrow
Agreement.

                  Escrow Corp. hereby certifies through its undersigned officers
that the Escrow Corp. Merger shall close on _________ __, 2003 (the "Merger
Closing Date").

                  1. Escrow Corp. hereby instructs the Escrow Agent to remit, as
specified below, 100% of the Escrow Property by wire transfer of immediately
available funds in accordance with the following wire transfer instructions:

                       [insert wire transfer instructions]

                  2. The Escrow Property being released as specified in
paragraph 1 above is being used for the purpose of funding a portion of the
Reorganization.

                  3. The balance of Escrow Property, if any, remaining in the
Escrow Account after remitting the amount of Escrow Property specified in
paragraph 1 above as payment for a portion of the Reorganization and for certain
other purposes, is to be remitted to Dobson JV as specified below on the date
hereof by wire transfer of immediately available funds in accordance with the
following wire transfer instructions:

                   [insert wire transfer instructions, if any]

<PAGE>

                  IN WITNESS WHEREOF, Escrow Corp., through its undersigned
officers, has signed this Officers' Certificate this ___ day of __________ 2003.

                                                     ACC ESCROW CORP.

                                                     By:
                                                         -----------------------
                                                     Name:
                                                     Title:

                                                     By:
                                                         -----------------------
                                                     Name:
                                                     Title:

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