Document:

Exhibit 10.26

 

Limited Waiver of Certain Tax and Tax Gross-Up Rights

 

Reference is made to the Amended and Restated Employment Agreement, effective April 23, 2010 (the “Employment Agreement”), between Dollar General Corporation, a Tennessee corporation (the “Company”), and Richard Dreiling  (“Executive”).  Terms not otherwise defined herein shall have the meanings ascribed thereto in the Employment Agreement.

 

In consideration for a one-time salary adjustment, effective January 1, 2013, Executive hereby forever waives the following rights, but solely with respect to the tax and tax gross-up provisions, as set forth in Sections 5(f) and 5(g) of the Employment Agreement:

 

5(f)  ....The Company shall pay Executive’s reasonable legal fees incurred in connection with any consultation with an attorney regarding this Agreement (up to $15,000), “grossed up” for all federal and state income and employment taxes (and for such taxes on such gross-up payment), to the extent any such amount is taxable to Executive, no later than the end of the applicable calendar year in which the expenses were incurred.

 

5(g)  ....To the extent the Company’s payment or reimbursement of Executive’s expenses in relation to his professional club memberships are required to be included in Executive’s income for income tax purposes or as wages for employment tax purposes, the Company will pay to Executive an amount necessary to “gross-up” Executive for state and federal income and employment tax purposes (and for such taxes on such gross-up payment), which gross-up amount shall be paid to Executive no later than the end of the applicable calendar year in which the expenses were incurred.

 

The foregoing limited waiver will become effective January 1, 2013. If the one-time salary adjustment referenced above is not implemented for any reason, the foregoing limited waiver will not become effective.   Executive shall not be deemed to have waived any other rights contained in the Employment Agreement, including any rights set forth in Sections 5(f) and 5(g) thereto, that do not pertain to the specific tax and tax gross-up rights referenced above.

 

 

	
Date:
    	
12/3/2012
    	
 
    	
/s/   Richard W. Dreiling
    
	
 
    	
Richard   W. Dreiling
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
Date:
    	
12/3/2012
    	
 
    	
Accepted:   DOLLAR GENERAL CORPORATION
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Bob Ravener
    
	
 
    	
 
    	
Name:   Bob Ravener
    
	
 
    	
 
    	
Title:   EVP, Chief People PersonExhibit 4.20

 

EXECUTION VERSION

 

HUNTSMAN INTERNATIONAL LLC

 

AND

 

THE GUARANTORS NAMED HEREIN,

 

AND

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

 

as Trustee

 

 

SUPPLEMENTAL INDENTURE

 

Dated as of February 13, 2013

 

to

 

Indenture

 

Dated as of November 19, 2012

 

4.875% Senior Notes due 2020

 

 

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of February 13, 2013, among Huntsman Australia Holdings LLC and Huntsman Surfactants Technology Corporation (the “Guaranteeing Subsidiaries”), subsidiaries of Huntsman International LLC (or its permitted successor), a Delaware limited liability company (the “Company”), the Company, the other Guarantors (as defined in the Indenture referred to herein) and Wells Fargo Bank, National Association, a national banking association, as trustee under the Indenture referred to below (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of November 19, 2012 providing for the issuance of 4.875% Senior Notes due 2020 (the “Notes”);

 

WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiaries shall unconditionally guarantee all of the Company’s obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantees”); and

 

WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.

 

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiaries and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

 

1.                                      CAPITALIZED TERMS.  Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 

2.                                      AGREEMENT TO GUARANTEE.  The Guaranteeing Subsidiaries hereby agree to provide unconditional Guarantees on the terms and subject to the conditions set forth in the Note Guarantees and in the Indenture including but not limited to Article 10 thereof.

 

4.                                      NO RECOURSE AGAINST OTHERS.  No director, officer, employee, incorporator or stockholder of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, this Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation.  Each Holder of Notes by accepting a Note waives and releases all such liability.  The waiver and release are part of the consideration for issuance of the Notes.  The waiver may not be effective to waive liabilities under the federal securities laws.

 

5.                                      GOVERNING LAW.  THE INTERNAL LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

 

 

6.                                      COUNTERPARTS.  The parties may sign any number of copies of this Supplemental Indenture.  Each signed copy will be an original, but all of them together represent the same agreement.  The exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes.  Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.

 

7.                                      EFFECT OF HEADINGS.  The Section headings herein are for convenience of reference only, are not to be considered a part of this Supplemental Indenture and will in no way modify or restrict any of the terms or provisions hereof.

 

8.                                      THE TRUSTEE.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiaries and the Company.

 

 

GUARANTEEING SUBSIDIARIES:

 

	
 
    	
HUNTSMAN AUSTRALIA HOLDINGS LLC
    
	
 
    	
 
    
	
 
    	
By:   
    	
/s/   John R. Heskett
    
	
 
    	
Name:
    	
John   R. Heskett
    
	
 
    	
Title:
    	
Vice   President, Planning and Treasurer
    
	
 
    	
 
    	
 
    
	
 
    	
 
    
	
 
    	
HUNTSMAN   SURFACTANTS TECHNOLOGY CORPORATION
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   John R. Heskett
    
	
 
    	
Name:
    	
John   R. Heskett
    
	
 
    	
Title:
    	
Vice   President, Planning and Treasurer
    

 

Supplemental Indenture — 2020 Senior Notes

 

 

	
 
    	
HUNTSMAN INTERNATIONAL LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   John R. Heskett
    
	
 
    	
Name:   
    	
John   R. Heskett
    
	
 
    	
Title:
    	
Vice   President, Planning and Treasurer
    

 

Supplemental Indenture — 2020 Senior Notes

 

 

EXISTING GUARANTORS:

 

	
 
    	
 
    	
AIRSTAR CORPORATION
    
	
 
    	
 
    	
HUNTSMAN ADVANCED MATERIALS AMERICAS LLC
    
	
 
    	
 
    	
HUNTSMAN ADVANCED MATERIALS LLC
    
	
 
    	
 
    	
HUNTSMAN AUSTRALIA LLC
    
	
 
    	
 
    	
HUNTSMAN CHEMICAL PURCHASING LLC
    
	
 
    	
 
    	
HUNTSMAN ENTERPRISES LLC
    
	
 
    	
 
    	
HUNTSMAN ETHYLENEAMINES LLC
    
	
 
    	
 
    	
HUNTSMAN FUELS LLC
    
	
 
    	
 
    	
HUNTSMAN INTERNATIONAL FINANCIAL LLC
    
	
 
    	
 
    	
HUNTSMAN INTERNATIONAL FUELS LLC
    
	
 
    	
 
    	
HUNTSMAN INTERNATIONAL TRADING CORPORATION
    
	
 
    	
 
    	
HUNTSMAN MA INVESTMENT CORPORATION
    
	
 
    	
 
    	
HUNTSMAN MA SERVICES CORPORATION
    
	
 
    	
 
    	
HUNTSMAN PETROCHEMICAL LLC
    
	
 
    	
 
    	
HUNTSMAN PETROCHEMICAL PURCHASING LLC
    
	
 
    	
 
    	
HUNTSMAN PROCUREMENT LLC
    
	
 
    	
 
    	
HUNTSMAN PROPYLENE OXIDE LLC
    
	
 
    	
 
    	
HUNTSMAN PURCHASING, LTD.
    
	
 
    	
 
    	
By:
    	
Huntsman Procurement LLC, its General   Partner
    
	
 
    	
 
    	
POLYMER MATERIALS INC.
    
	
 
    	
 
    	
TIOXIDE AMERICAS (HOLDINGS) LLC
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   John R. Heskett
    
	
 
    	
 
    	
Name:
    	
John   R. Heskett
    
	
 
    	
 
    	
Title:
    	
Vice   President, Planning and Treasurer
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
TIOXIDE   AMERICAS LLC
    
	
Executed   as a Deed by
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
for   and on behalf of John R. Heskett
    	
 
    	
By:   
    	
/s/   John R. Heskett
    
	
Tioxide   Americas LLC
    	
 
    	
 
    	
Name:
    	
John   R. Heskett
    
	
in   the presence of
    	
 
    	
 
    	
Title:
    	
Vice   President, Planning and Treasurer
    
	
 
    	
 
    	
 
    
	
/s/   Josh Erekson
    	
 
    	
 
    
	
Witness
    	
 
    	
 
    

 

Supplemental Indenture — 2020 Senior Notes

 

 

	
Signed   as a Deed by
    	
 
    	
TIOXIDE   GROUP
    
	
 
    	
 
    	
 
    
	
as   attorney for TIOXIDE GROUP
    	
 
    	
By:
    	
/s/   John R. Heskett
    
	
under   a power of attorney dated
    	
 
    	
 
    	
John   R. Heskett, as attorney for
    
	
February 8,   2013
    	
 
    	
 
    	
TIOXIDE   GROUP
    
	
in   the presence of:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
/s/   Josh Erekson
    	
 
    	
 
    
	
Witness
    	
 
    	
 
    
	
Name:   Josh Erekson
    	
 
    	
 
    
	
Address:   
    	
500   Huntsman Way
    	
 
    	
 
    
	
 
    	
Salt   Lake City, UT 84108
    	
 
    	
 
    
	
Occupation:   Attorney
    	
 
    	
 
    

 

Supplemental Indenture — 2020 Senior Notes

 

 

	
 
    	
WELLS   FARGO BANK, NATIONAL ASSOCIATION, as Trustee,
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Lynn M . Steiner
    
	
 
    	
Name:
    	
Lynn   M. Steiner
    
	
 
    	
Title:
    	
Vice   President
    

 

Supplemental Indenture — 2020 Senior Notes

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