Document 0Jn1ZyXxB3xe0Mwpp8zv7oygV

ma n u f a c t u r e r s a n d d is t r ib u t o r s o f TITANIUM DIOXIDE PIGMENTS ;2:T40 SUHfLIFE: BpLDi^C, MO^TREXt, QUEBEf, H3B 2Xa TElEPHpNE:: (.51:-S:l;:i8^6*2401' 13k r* ** r - -f-i. M i March 14, 1978 Mr. P.J. Irwin The Canada Metal Company Limited 721 Eastern Avenue Toronto, Canada M4M 1E6 Dear Peter: I have enclosed your original copy of the Resale Agreement for Lead Oxides, duly signed, indicating my company's approval. Paragraph two on page two has been altered to include "truckload selling prices" as well as "less than truckload selling prices". All other clauses in the contract meet with our approval and we are looking forward to good sales and success with your product in 1978. Best personal regards. Yours very truly. MJR:cp Enel. bcc: Messrs. J.M. Chapman/ E.L. Pyves * B.f. Sztynyk M.J. Rheault General Sales Manager THIS PAPER HAS BEEN OPACIFIED ANO BRIGHTENED WITH TITANIUM DIOXIOE NL 000039412 N 26071 oL AGaE31E!ST dated this 21st, 44y of DECEMBER, 1962 il by and between THE. CARTES WHITE LEAD COMPANX QF CANADA LIMITED jl | (hereinafter called "CARTES") having a place of business at 1235 Deloriraier Avenue, Montreal, Province of Quebec, Canada, and CANADIAN TITANIUM PIGMENTS LIMITED (hereinafter called "CTP") Si having a place of business at 1401 McGill College Avenue, Montreal, i Province of Quebec, Canada. WITNESSETH: WHEREAS, CASTER is about to engage in the manufacture of basic silicate white lead useful as a pigment,.and; i WHEREAS, CTP is experienced in the sale in Canada of pigmentary materials*which includes basic silicate white lea^d, and; ! i 'WHEREAS, CARTER is desirous of designating CTP its i! sole sales agent for basic silicate white lead, and CTP is willing '! to act as CARTER'S sole sales agent therefor, upon the terms and conditions hereinafter set forth; NOW, THEREFORE, in consideration of the premises and mutual covenants and conditions hereinafter set forth, the Iparties hereto ara agreed as follows; I ' ,1 1. CARTER hereby appoints CTP as its sole i ;j authorised agent to cell basic silicate white lead manufactured I ;j.by CARTER. . 2. CTP hereby accepts the agency established under ) Paragraph 1 above, to sell said material as the agent of CARTER ' aad agrees to use its best endeavors to promote the sale thereof. NL 000039413 N 26071.01 ------------FI r 3. CT? agrees to ks ep books of account and to I reocrt to'CAIIT'C?^ within ChirCy (30) days after the end of each calendar quarter-the amount Of sale s made by CIP during the preceding calendar quarter. , 4. CT? agrees to sell basic silicate white lead for which it has herein been granted the agency by CASTER for a compensation which shall be fifty percent (50%) of the difference between c*~ ocmrs manufacturing cost and CT? *s selling price from which fifty percent (50%) GTP shall absorb sales expense,'outside warehousing, freight and cartage and other distribution costs; the remaining fifty percent (50%) to be remitted to CASTER, i T- 5. CARTER agrees that it will maintain at all tines an adequate stock of the material above set forth in accordance with anticipated demand based upon previous sales records and on additional pertinent information which CTP my furnish CARTER from time to time. 6. The terra of this agreement shall be five' years from the date hereof, and shall continue in force for additional periods of five years each unless notice of termination in writing is given by either party to the other at least one year prior to the expiration of any given five year period. '- -2TM Nt 000039414 NL 000039415