CHLOR ALKALI SUPPLY AGREEMENT
THIS CHLOR ALKALI SUPPLY AGREEMENT ("AGREEMENT") BETWEEN OLIN CORPORATION
("OLIN"), A VIRGINIA CORPORATION, AND ARCH CHEMICALS, INC. ("ARCH"), A VIRGINIA
CORPORATION, IS EXECUTED AS OF THIS 8TH DAY OF FEBRUARY, 1999.
1.1 Olin ("Seller") is a manufacturing corporation operating primarily in the chemicals industry. Olin operates
liquid chlorine and caustic production facilities at its Chlor Alkali plants at Charleston, Tennessee, McIntosh,
Alabama, and Niagara Falls, New York, and from time to time engages in caustic and liquid chlorine commodity
exchanges with other producers.
1.2 Arch ("Buyer") is a specialty chemicals manufacturer which has a need for a reliable supply of liquid chlorine
and caustic (Products).
1.3 To insure a reliable source of supply of the Products for internal use by Buyer, and to enable Seller to sell to
Buyer such Products under the terms and conditions set forth below, and for other good and valuable
consideration, Seller agrees to sell, and Buyer agrees to purchase from Seller, the Products described herein.
2. PRODUCT. Membrane Grade or Rayon Grade Caustic (Exhibit 1), Liquid Chlorine (Exhibit 2).
3. QUANTITY. Buyer agrees to purchase 100% of its requirements of the Products during the term of the
Agreement, but this "requirements" obligation shall not apply to Products used in any business acquired by Buyer
after the effective date of this Agreement. Buyer initially estimates its requirements for liquid chlorine at 100,000
tons annually. Buyer initially estimates its requirements for caustic at 80,000 tons annually. During the Agreement,
Buyer shall continually provide to Seller, in writing, an estimate of its prospective monthly and quarterly
requirements for the respective Products.
4. TERM. The Initial Term shall be five (5) years, from February 8x, 1999, through December 31, 2003; and
said Initial Term shall extend thereafter automatically for two (2) year periods (Extended Term). Either party ma