Document:

EX-10.3

Exhibit 10.3

FIRST AMENDMENT

TO

AMENDED AND RESTATED

ON-SITE PRODUCT SUPPLY AGREEMENT

     This First Amendment to Amended and Restated On-Site Product Supply Agreement (this “First
Amendment”) is entered into effective as of October 31, 2008 (the “First Amendment Effective Date”)
by and between Linde, Inc. (formerly known as The BOC Group, Inc.), a Delaware corporation
(hereinafter called “Linde”), and Coffeyville Resources Nitrogen Fertilizers, LLC, a Delaware
limited liability company (hereinafter called “Coffeyville Resources”).

     Linde and Coffeyville Resources are parties to the Amended and Restated On-Site Product Supply
Agreement dated as of June 1, 2005 (the “Agreement”), and the parties desire to amend the Agreement
as provided in this First Amendment. Capitalized terms used herein and not otherwise defined shall
have the meanings ascribed to such terms by the Agreement.

     The Agreement shall be amended as of the First Amendment Effective Date as set forth below:

     1. BOC References. All references to “The BOC Group, Inc.” and “BOC” shall be deleted
in each place that they appear in the Agreement and “Linde, Inc.” and “Linde”, respectively,
substituted in place thereof.

     2. Existing Definitions. Sections 1(c), 1(w) and 1(z) of the Agreement are deleted in
their entirety and replaced with the following:

     “(c) “Linde Facility” — a plant for the production of Product, Crude Gaseous
Nitrogen and Argon (the “Linde Plant”), including metering and related facilities,
together with an interconnected liquid Oxygen Product and liquid Nitrogen Product
storage vessels and vaporization equipment (at the “Liquid Product Storage
Facility”), all connected to the Linde Pipelines and having the production,
delivery, liquid storage and vaporization capabilities or capabilities stated in
Section II and III of Exhibit A hereto, which shall be owned or lease,
maintained and operated by Linde on the Linde Plant Site.

*          *          *

     (w) “Nitrogen Product” — nitrogen gas (including vaporized liquid) and liquid
conforming to the product specifications set forth in Section I of Exhibit A
hereto, but, in all cases, excluding Crude Gaseous Nitrogen.”

*          *          *

     (z) “Product” — collectively Oxygen Product, Nitrogen Product, and, after the
Crude Gaseous Nitrogen Facility Completion Date, Crude Gaseous Nitrogen, and, to the
extent provided under this Agreement, CDA Product.

     3. New Definitions. Section 1 of the Agreement is amended to add the
following:

 

 

     “(cc) “Coffeyville Equipment” — has the meaning given such term in Section
3(f).

     (dd) “CDA Supply Termination Date” — has the meaning given such term in
Section 3(f).

     (ee) “Gas Nitrogen Effective Date” — the earlier of (i) the CDA Supply
Termination Date, or (ii) the first anniversary of the completion date of the PPU
Retrofit.

     (ff) “PPU Retrofit” — the removal of the existing wire mesh support grid,
followed by installation of a modified perforated plate support system and
replacement of the activated alumina and molecular sieve. The PPU Retrofit will be
deemed to be completed as of the date set forth in a written notice from Linde,
which Linde agrees to provide promptly following completion.

     (gg) “Crude Gaseous Nitrogen” — gaseous low pressure, low purity nitrogen
produced as a by-product of the distillation process conforming to the product
specifications set forth in Section I of Exhibit A hereto.

     (hh) “Crude Gaseous Nitrogen Facility” — that part of the Linde Plant used for
the distribution of Crude Gaseous Nitrogen.

     (ii) “Crude Gaseous Nitrogen Facility Completion Date” — has the meaning given
such term in Section 2(n).

     (jj) “Neon Electricity” — has the meaning given such term in Section 4(f).

     (kk) “Operating Day” — means hours of operation in any calendar day during
which Linde is providing all Products at the purity, volumes and pressures provided
for herein divided by 24.

     (ll) “Liquid Production” — means the sum of liquid Nitrogen Product and liquid
Oxygen Product as determined by Linde scale tickets.

     (mm) “Lost Liquid Production” — means Liquid Production which is not realized
by Linde solely due to the supply of High Pressure Air Product by Linde to
Coffeyville Resources pursuant to this Agreement.”

     4. The Linde Facility and Pipelines. Section 2 of the Agreement is amended to add the
following:

     “(n) Following the First Amendment Effective Date, Linde shall complete the
necessary engineering and installation of the Crude Gaseous Nitrogen Facility to
supply Crude Gaseous Nitrogen to Coffeyville Resources. Such work will include the
necessary controls, piping, valves, a billing quality flow metering device and
chiller to permit diversion of the Crude Gaseous Nitrogen from the evaporative
cooling unit. Linde will provide piping to the Linde Plant Site limits or a
designated point within the Linde Plant Site. Linde will notify Coffeyville
Resources in writing of the date on which the Crude Gaseous Nitrogen Facility has
been installed (the “Crude Gaseous Nitrogen Facility Completion Date”).

     (o) Following the First Amendment Effective Date, Linde will complete the
necessary engineering and installation to recover Neon gas from the Linde Plant.
This installation will include a billing quality electric meter for determining the
power consumption of this equipment.”

 

 

     5. Purchase and Sale of Product. Section 3 of the Agreement is amended to add the
following:

     “(e) Following the CDA Supply Termination Date, Linde will discontinue supply
of CDA Product to Coffeyville Resources under the Agreement, except as set forth in
this Section 3(e).

     (i) Not more often than two (2) times in any calendar year, upon not
less than ten (10) business days prior written notice from Coffeyville
Resources, Linde shall supply CDA Product, on a temporary basis, from the
Linde Facility for a period of not more than an aggregate of two (2) weeks
in any calendar year, for maintenance on the Coffeyville Equipment. During
such temporary supply of CDA Product, the Production and Delivery
Capabilities of Linde Facility will be in accordance with Section II.E.1 of
Exhibit A. Additionally, during such temporary supply of CDA
Product, the cap for Lost Liquid Production will be $70,000 in any single
month. If Coffeyville Resources requires the temporary supply of CDA
Product for a period greater than two (2) weeks, the cap for Lost Liquid
Production will not be applicable until such temporary supply of CDA Product
is terminated.

     (ii) In the event that the Coffeyville Equipment is unable to produce
CDA Product, Coffeyville Resources may request emergency supply of CDA
Product from the Linde Facility. Within the limitations of the existing
operating mode of the Linde Facility at the time such request is made, Linde
shall use reasonable commercial efforts to supply, on an as available basis,
Coffeyville Resources’ requirements for CDA Product, up to 351,000 scfh of
CDA Product. Within 24 hours of such request for emergency supply of CDA
Product, Linde will adjust the operations of the Linde Facility to provide
Coffeyville Resources’ requirements for CDA Product, up to 351,000 scfh.
Upon receipt of such emergency request, Product allocation above Level 2 of
the Product Nomination Procedure (Exhibit L) will be suspended while Linde
is supplying CDA Product pursuant to this Section 3(e)(ii). While Linde is
supplying CDA Product pursuant to this Section 3(e)(ii), the cap for Lost
Liquid Production will not be applicable. Linde’s obligation to supply CDA
Product pursuant to this Section 3(e)(ii) shall be limited to an aggregate
of ninety (90) days during the term of this Agreement.

     (f) Promptly after the Effective Date, Coffeyville Resources shall install
equipment (the “Coffeyville Equipment”) necessary to supply the Coffeyville
Facilities and the adjacent Refinery with CDA Product. Upon receipt of notice from
Coffeyville Resources that this equipment has been installed and is capable of
supplying CDA Product, Linde’s obligation to supply CDA Product under the Agreement
shall terminate, except as set forth in Section 3(e) to the Agreement. The date on
which Linde receives such notice is hereinafter referred to as the “CDA Supply
Termination Date”.”

     6. Pricing and Payment. Section 4(e) of the Agreement is deleted in its entirety and
replaced with the following, and a new Section 4(f) is added as follows:

     “(e) Subject to Section 3(e) and during the Supply Period, Coffeyville
Resources will provide a monthly credit to Linde for Lost Liquid Production. The
credit shall be calculated on a monthly basis using the following formula:

     ($46/ton)[(OperatingDaysin
Month)(120) – (ActualTonsLiquidProduction)]=Credit

     and will be capped in any single month as follows:

 

 

	 	1.	 	$70,000 — upon execution of the First
Amendment or during periods of interim CDA Product supply of
Section 3(e).
	 
	 	2.	 	The cap will be reduced by $3,000 upon
completion of the PPU Retrofit.
	 
	 	3.	 	The cap will be reduced by an additional $4,250
upon notification from Coffeyville Resources that their equipment
supplying CDA Product is operational.
	 
	 	4.	 	The cap will be reduced by an additional
$21,750 upon notification by Linde that the Dense Fluid Expander is
operational.

The $46/ton price and the cap described above will adjust (up or down) on a monthly
basis based upon the actual total power cost as billed to Coffeyville Resources by
the City of Coffeyville, Kansas (expressed as $/KWH) compared to the actual total
power cost in June 2005 (expressed as $/KWH). For the purposes of the cap
adjustment, the appropriate reduction will be taken before making the adjustment.
For example, after the PPU Retrofit, CDA Product removal, and Dense Fluid Expander
installation, the total reduction would be $29,000. The monthly adjustment of the
cap for total power would be made on the new cap of $41,000. The actual total power
cost in June 2005 was $0.03965/KWH. As an example, attached as Exhibit K is
the adjustment calculation per this paragraph for July 2005.

     (f) Electricity is required for the operation of the Neon recovery equipment
(the “Neon Electricity”). Linde will meter the Neon Electricity (subject to the
right of Coffeyville Resources to monitor such meter), and reimburse Coffeyville
Resources monthly based upon the actual total power cost as billed to Coffeyville
Resources by the City of Coffeyville, Kansas (expressed as $/KWH). The Neon
Electricity shall be deducted from the “Actual Usage” when performing the “Excess
Power Calculation” (as such terms are used in Exhibit F-3).”

     7. Argon, CO2 Byproduct and other Byproducts. Section 5(a) of the
Agreement is deleted in its entirety and replaced with the following:

     “(a) During the Supply Period, Linde shall be entitled to retain, market and
sell for its own account: (i) all Argon produced by the Linde Plant; (ii) all
CO2 Byproduct, except to the extent retained by Coffeyville Resources or
its affiliates and except to the extent otherwise provided in or pursuant to Section
5(b) herein; and (iii) all other byproducts or other industrial gases, in liquid or
gaseous form, including Neon, Krypton, and Xenon, produced by the Linde Plant,
including Product in excess of Linde’s obligations to supply same to Coffeyville
Resources hereunder. Linde shall be solely responsible for the proper disposal, in
accordance with all applicable Environmental Laws and Permits of any and all
byproducts and other emissions and waste generated by the Linde Plant (including
from CO2 Byproduct delivered to Linde) other than Products delivered to
Coffeyville Resources hereunder. Except as permitted by Section 5(b) herein,
Coffeyville Resources agrees that it will not sell or deliver CO2
Byproduct to anyone other than Linde, its affiliates and affiliates of Coffeyville
Resources.”

     8. Product Specifications. Section 7 of the Agreement is amended to add the following
to that section:

“If the Crude Gaseous Nitrogen does not conform to the specifications therefor
(“Non-Conforming Crude Gaseous Nitrogen”), Linde shall notify Coffeyville
Resources promptly by telephone or by such other method as agreed by the Parties
(e.g., by electronic mail) upon discovery of such nonconformance, which notice shall
include (a) the particulars of any nonconformance and (b) the expected duration
thereof, and Linde shall promptly discontinue the supply of Non-Conforming Crude
Gaseous Nitrogen to Coffeyville Resources.”

 

 

     9. Exhibit A.

          (a) Section I.A of Exhibit A to the Agreement is amended to add the following:

“Crude Gaseous Nitrogen, with inerts: not more than 2% oxygen (with a typical value
of 1.5% oxygen)”

          (b) Sections II.D and II.E of Exhibit A to the Agreement are deleted in their entirety
and replaced with the following:

“D. Gaseous Nitrogen Product (both 500 ± 10 psig and 200 ± 10 psig, but excluding
1300 and 120 psig referred to in Section III.A immediately below):

1. Following the First Amendment Effective Date or during any period when
Linde is temporarily supplying CDA Product pursuant to Section 3(e) of the
Agreement:

1,240,000 scf per hour (maximum instantaneous flow rate at 14.3 psia and
105°F dry bulb and 78°F wet bulb and cooling water at 85°F)

2. As of the Gas Nitrogen Effective Date:

1,260,000 scf per hour (maximum instantaneous flow rate at 14.3 psia and
105°F dry bulb and 78°F wet bulb and cooling water at 85°F)

3. Six (6) months after the Gas Nitrogen Effective Date:

1,280,000 scf per hour (maximum instantaneous flow rate at 14.3 psia and
105°F dry bulb and 78°F wet bulb and cooling water at 85°F)

4. Twenty-four (24) months after the Gas Nitrogen Effective Date:

1,320,000 scf per hour (maximum instantaneous flow rate at 14.3 psia and
105°F dry bulb and 78°F wet bulb and cooling water at 85°F)”

E. CDA Product:

1. Prior to installation of the Coffeyville Equipment or, after the CDA
Supply Termination Date, as subsequently requested by Coffeyville Resources
pursuant to Section 3(e) of the Agreement:

351,000 scf per hour (maximum instantaneous flow rate at 14.3 psia and 105°F
dry bulb and 78°F wet bulb and cooling water at 85°F)

2. In the event, prior to the CDA Supply Termination Date, Coffeyville
Resources installs equipment to only partially supply Coffeyville Resources’
CDA Product requirements:

115% of the average flow (in scf per hour) over the 120 hours following
notification of partial supply (maximum instantaneous flow rate at 14.3 psia
and 105°F dry bulb and 78°F wet bulb and cooling water at 85°F)

 

 

3. Following the CDA Supply Termination Date, except when requested per
Section 3(e) of the Agreement:

0 scf per hour”

     10. Exhibit B. In Section II of Exhibit B to the Agreement, the definition of
BMPC is deleted in its entirety and replaced with the following:

			
	     “BMPC =	 	Base monthly Minimum Product Charge, and each gaseous Product price,
individually, as follows:

$313,885 — Base Monthly Minimum Product Charge

$2,000 — Crude Gaseous Nitrogen Facility Fee (commencing on the
Crude Gaseous Nitrogen Facility Completion Date)

$0.055 — Base Gaseous Oxygen

$0.055 — Base Gaseous Nitrogen

$0.019 — Base CDA Product”

     11. Exhibit G.

     (a) Section I of Exhibit G to the Agreement is amended to
add the following:

“Notwithstanding any other provisions in the Agreement to the contrary, including
the pricing adjustments described in Exhibit B, the Minimum Product Charge
will increase to the amounts shown below on the indicated dates:

	 	a.	 	Gas Nitrogen Effective Date — $321,915;
	 
	 	b.	 	Six months after the Gas Nitrogen Effective Date — $329,945; and
	 
	 	c.	 	Twenty-four months after the Gas Nitrogen Effective Date — $346,005.”

          (b) Sections II and III of Exhibit G to the Agreement are deleted in their entirety
and replaced with the following:

“II. During the Supply Period, Coffeyville Resources shall pay Linde $0.055 per 100
scf for all quantities of High Pressure gaseous Oxygen Product delivered to
Coffeyville Resources during a calendar month from the output of the Linde Plant, at
total instantaneous flow rates exceeding 1,588,000 scf per hour, and for all
quantities of Low Pressure gaseous Oxygen Product delivered to Coffeyville Resources
during a calendar month from the output of the Linde Plant, at total instantaneous
flow rates exceeding 30,000 scf per hour.

III. During the Supply Period, Coffeyville Resources shall pay Linde $0.055 per 100
scf for all quantities of gaseous Nitrogen Product delivered to Coffeyville
Resources during a calendar month from the output of the Linde Plant, at
instantaneous flow rates exceeding the volume specified in Section II.D of
Exhibit A.”

          (c) Exhibit G to the Agreement is amended to add the following new Section VII:

 

 

“VII. During the Supply Period, following the Crude Gaseous Nitrogen Facility
Completion Date, Coffeyville Resources shall pay Linde $2,000 per month as a monthly
minimum product charge for the commitment of the Crude Gaseous Nitrogen Facilities.
Coffeyville Resources shall pay Linde

	 	(a)	 	$0.021 per 100 scf for all quantities of Crude Gaseous
Nitrogen delivered to Coffeyville Resources during a calendar month
from the output of the Linde Plant up to an aggregate of 13,540,000,000
scf; and

After a consuming a total of 13,540,000,000 scf of Crude Gaseous Nitrogen,
Coffeyville Resources shall receive a reduction of

	 	(b)	 	$0.013 per 100 scf to the current price for all
quantities of Crude Gaseous Nitrogen delivered to Coffeyville
Resources.”

     11. Exhibit L. Linde and Coffeyville Resources hereby amend the Agreement to add a
new Section 5A as follows:

     “SECTION 5A PRODUCT NOMINATION PROCEDURE

     Linde and Coffeyville hereby agree to allocate Product produced by the Linde
Plant according to the nomination procedure attached to this Agreement as
Exhibit L.

     12. Ratify Agreement. Except as otherwise specifically provided to the contrary in
this First Amendment, all of the provisions of the Agreement shall continue in full force and
effect in accordance with their express terms. The Agreement as amended hereby, constitutes the
entire agreement between the parties with respect to the subject matter hereof, and supersedes all
prior or contemporaneous representations, understandings, agreements, communications, or purchase
orders between the parties, whether written or oral, relating to the subject matter hereof.

     13. Counterparts. This First Amendment may be executed in any number of counterparts,
each of which will be deemed to be an original, and all of which together will constitute one
instrument. The signature pages to this First Amendment may be exchanged by facsimile.

[signature page follows]

 

 

     IN WITNESS WHEREOF, the parties have executed this First Amendment as of the First Amendment
Effective Date.

	 	 	 	 	 	 	 
	 Linde, Inc. 	 	Coffeyville Resources Nitrogen Fertilizers, LLC

 	 
	By:  	 /s/  Pat Murphy	 	By:  	
/s/ Stanley A. Riemann
 	 
	 	Name: Pat Murphy	 	 	Name:  	Stanley A. Riemann 	 
	 	Title: President	 	 	Title:  	COO 	 

 

 

	 	 	 	 	 

EXHIBIT L

PRODUCT NOMINATION PROCEDURE

Production of Product from the Linde Plant shall be allocated using the following Product
Nomination procedure. For ease of presentation, the following terms are defined for use with this
procedure:

     HPGO — means the High Pressure gaseous Oxygen Product referenced in Section II.A of Exhibit A.

     GAN — means the gaseous Nitrogen Product referenced in Section II.D of Exhibit A.

     LOX — means liquid Oxygen Product produced by the Linde Plant

     LIN — means liquid Nitrogen Product produced by the Linde Plant

For the purposes of this nomination procedure, the following production levels for Product are
defined:

Level 1 — Product to Coffeyville Resources

1,588,000 scf per hour of HPGO, and

The scf per hour of GAN as set forth in Section II.D of Exhibit A

Level 2 — Product to Linde

     The scf per hour of LOX/LIN as follows:

	 	•	 	Upon execution of this First Amendment — 60,000 scf per hour
	 
	 	•	 	Following the CDA Supply Termination Date and subsequent supply of CDA Product off
the Linde Plant is stopped — an additional 10,000 scf per hour
	 
	 	•	 	Upon notification by Linde that the Dense Fluid Expander is operational — an
additional 30,000 scf per hour

When producing LOX/LIN at the 100,000 scf per hour rate of production, no more than 40,000
scf per hour of that production may be as LOX.

Level 3 — Product to Coffeyville Resources

Next 50,000 scf per hour of HPGO, and

	 	•	 	Up to 1,683,000 scf per hour of HPGO
	 
	 	•	 	Subject to the limitations of HPGO production & delivery equipment

Next 50,000 scf per hour of GAN

	 	•	 	Up to 50,000 scf per hour above the amount specified by Level 1 above
	 
	 	•	 	Subject to the limitations of GAN compression equipment

Level 4 — Product to Linde (next 60,000 scf per hour of Product produced

Next 60,000 scf per hour of LOX/LIN

Level 5

Any Product production above Level 4

This production may be allocated to either Linde or Coffeyville Resources as agreed in
nomination discussions between the parties

 

 

The following guidelines are to be followed when utilizing the nomination procedure.

	 	•	 	The nomination period lasts for two (2) weeks and commences on Monday at noon.
	 
	 	•	 	Nominations can be reset during the two (2) week period if the Linde Plant experiences
an interruption of operation, or upon the mutual agreement of both parties.
	 
	 	•	 	All nominations for Product in Level 3, 4 and 5 are if the Linde Plant is then capable
of the listed production levels.
	 
	 	•	 	Nomination options are made 1 week in advance of the nomination period.
	 
	 	•	 	Partial nominations within a Level are permitted.

	 	•	 	For example, Coffeyville Resources can elect to take 20,000 scf per
hour of GAN production as the only nomination in Level 3. That selection would
last for the two (2) week nomination period and any production capacity of the
Linde Plant above that 20,000 scf per hour would be available to Linde under Level
4.

	 	•	 	Any Product in a Level not being consumed by one party, may be made available, on an
as-available basis, to the other party.

	 	•	 	For example, due to a full storage condition, Linde has to back down
the LOX/LIN production from 100,000 scf per hour to 20,000 scf per hour. This
80,000 scf per hour of production would be made available to the pipelines until
sufficient room in the liquid storage was available to resume full production.

	 	•	 	Semi-annually, both parties will examine consumption of nominated Product in Levels 3, 4
and 5 for the prior six (6) month period. If consumption of the nominated Product volumes
is below 35%, and the other party requested a release of the unconsumed volume, but that
release was refused, then the consuming party shall pay for 35% of the nominated Product
volume at the current pricing.
	 
	 	 	 	To request a release of an unconsumed volume in a nominated Level, the party requesting the
release will submit a notice of that request to the other party. The other party must
respond within 24 hours. Failure to respond will designate a release of the unconsumed
volume.

	 	•	 	For example, Coffeyville Resources nominates 50,000 scf per hour of
HPGO and 50,000 scf per hour of GAN for Level 3. However, for some reason,
Coffeyville Resources’ consumption has only been at 20,000 scf per hour of HPGO and
20,000 scf per hour of GAN. Linde can request a release of the 30,000 scf per hour
of HPGO and 30,000 scf per hour of GAN in order to produce LOX/LIN in Level 4.

	 	•	 	Linde has the nomination rights for Level 5, only during the months of July, August, and
September. Coffeyville Resources has the nomination rights for Level 5 during the
remaining months of the year.
	 
	 	•	 	Once per year, either party may, with 30 days written notice, elect to deny the other
party’s nomination rights above Level 2 for a two (2) week period. This two (2) week
period does not necessarily have to coincide with a normal nomination period and the normal
nomination process will continue in the background.EX-10.4

Exhibit 10.4

SECOND AMENDMENT TO

AMENDED AND RESTATED CRUDE OIL SUPPLY AGREEMENT

     THIS AMENDMENT TO AMENDED AND RESTATED CRUDE OIL SUPPLY AGREEMENT (this
“Amendment”), dated as of October 31, 2008, is made between J. Aron & Company, a
general partnership organized under the laws of New York (“Supplier”) and Coffeyville Resources
Refining & Marketing, LLC, a limited liability company organized under the laws of Delaware
(“Coffeyville”).

     Supplier and Coffeyville are parties to an Amended and Restated Crude Oil Supply Agreement
dated as of December 31, 2007, as amended by the Amendment to Amended and Restated Crude Oil
Supply Agreement dated as of September 26, 2008 (as amended, the “Supply Agreement”). Coffeyville
and Supplier have agreed to amend certain terms and conditions of the
Supply Agreement.

     Accordingly, the Parties hereto agree as follows:

     SECTION
1 Definitions; Interpretation.

          (a)
Terms Defined in Supply Agreement. All capitalized terms used in this
Amendment (including in the recitals hereof) and not otherwise defined herein have the
meanings assigned to them in the Supply Agreement.

          (b) Interpretation. The rules of interpretation set forth in Section 1.2 of the
Supply Agreement apply to this Amendment and are incorporated herein by this reference.

     SECTION 2 Amendment to the Supply Agreement.

          (a) Amendment. As of the date of this Amendment, the Supply Agreement is amended by deleting the first sentence of Section 3.2 of the Supply Agreement and inserting
the following in place thereof:

Unless either Party has delivered to the other a written notice of its election not
to extend this Agreement pursuant to this Section on or before December 1 of the
calendar year during the then current term, the Expiration Date will, without any
further action, be automatically extended, effective as of the Expiration Date as
then in effect, for an additional one year beyond the Expiration Date as then in
effect (each such period, an “Extension Term;” and the final day of such
Extension Term becoming the “Expiration Date”).

          (b) References Within Supply Agreement. Each reference in the Supply
Agreement to “this Agreement” and the words “hereof,” “herein,” “hereunder,” or words of like
import, are a reference to the Supply Agreement as amended by this Amendment.

     SECTION 3 Representations and Warranties. To induce the other Party to enter into
this Amendment, each Party hereby (i) confirms and restates, as of the date hereof, the
representations and warranties made by it in Article 16 or any other article or section of the

 

 

Supply Agreement and (ii) represents and warrants that no Event of Default or Potential Event of
Default with respect to it has occurred and is continuing.

     SECTION 4 Miscellaneous.

          (a) Supply Agreement Otherwise Not Affected. Except for the amendments
pursuant hereto, the Supply Agreement remains unchanged. As amended pursuant hereto, the
Supply Agreement remains in full force and effect and is hereby ratified and confirmed in all
respects. The execution and delivery of, or acceptance of, this
Amendment and any other documents and instruments in connection herewith by either Party will not be deemed to
create a course of dealing or otherwise create any express or implied duty by it to provide any other or further amendments, consents or waivers in the future.

          (b)
No Reliance. Each Party hereby acknowledges and confirms that it is
executing this Amendment on the basis of its own investigation and for its own reasons without
reliance upon any agreement, representation, understanding or communication by or on behalf of
any other Person.

          (c) Costs and Expenses. Each Party is responsible for any costs and expenses incurred by such Party in connection with the negotiation, preparation, execution and
delivery of this Amendment and any other documents to be delivered in connection herewith.

          (d) Binding Effect. This Amendment will be binding upon, inure to the
benefit of and be enforceable by Coffeyville, Supplier and their respective successors and
assigns.

          (e)
Governing Law. THIS AMENDMENT WILL BE GOVERNED BY,
CONSTRUED AND ENFORCED UNDER THE LAWS OF THE STATE OF NEW YORK
WITHOUT GIVING EFFECT TO ITS CONFLICTS OF LAW PRINCIPLES THAT
WOULD REQUIRE THE APPLICATION OF THE LAWS OF ANOTHER STATE.

          (f) Amendments. This Amendment may not be modified, amended or otherwise altered except by written instrument executed by the Parties’ duly authorized representatives.

          (g)
Effectiveness; Counterparts. This Amendment will become effective on the date first written above. This Amendment may be executed in any number of counterparts and by different Parties hereto in separate counterparts, each of which when so
executed will be deemed to be an original and all of which taken together constitute but one and the same agreement.

          (h) Interpretation. This Amendment is the result of negotiations between and have
been reviewed by counsel to each of the Parties, and is the product of all Parties hereto.
Accordingly, this Amendment will not be construed against either Party merely because of such
Party’s involvement in the preparation hereof.

2

 

     The Parties hereto have duly executed this Amendment, as of the date first above written.

	 	 	 	 	 
	 	J. ARON & COMPANY

 	 
	 	By:  	/s/ Andre Eriksson
 	 
	 	 	Name:  	Andre Eriksson 	 
	 	 	Title:  	Managing Director 	 
	 
	 	COFFEYVILLE RESOURCES REFINING & 

   MARKETING, LLC

 	 
	 	By:  	/s/ John J. Lipinski
 	 
	 	 	Name:  	John J. Lipinski 	 
	 	 	Title:  	CEO 	 
	 

3

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