Document 5k0VkyO6kZe2XVLqMyaNkBBXz

May 8, 1962, Mr. S. Ling, Vice President & Managing Director, Sherwin-Wil 1 lame Company of Canada Ltd. P.0. Box 489, Montreal, P. Q. Dear Sidney: Attached is a rough draft of a letter which might be sent by the Carter White Lead Company to C.T.P., as discussed in our telephone conversation today. The second paragraph, which I have bracketed, con tains the specific wording suggested by National Lead Company Legal Department, with the intent of maintaining the validity of the agreement of August 31, 1949 and protecting tha interests of tha parties thereto. The rest of the wording in the draft Is ray own. and proposes to set up tha manufacture and sale of 45X on the same basis which is operating to our mutual satisfaction with respect to the lead stabilizers. Certainly, whatever bast* of handling and remuneration is worked out for the remainder of the Carter products would be equally satisfactory to us for 45X, but it may well be that 45X should be the subjact of a separate nworsndun because of tha existence of the old 1949 agreement. Yours vary truly, M8T:ed Enc l . N 27429 ML 000041761 3 /96z- j Tt/'Tt'v r a. /wtf-. DRAFT OF LETTER TO IK SWT BY THE CARTER WHITE LEAP COMFAWY OF CAgiABA LMITB) TO CA1ABIAM TITAMIUM PIGWEKTS LIMITED Tbit ccaqpany it liat tall las equipment for th manufacture of 4SX (baste ail icata white load), on* of tha group of "OffCOE" pigment* developed by Rational Lead Company, Production of thia material la expectad within tha wl faw months, and it haa bacn informally agreed that your company will tall thia product in 1 iau of tha ** material previously imported froai tha U.S.A. Upon tha following torma and conditions tha Cartar WMfca Lad Company of Canada Linitad haroby appoints Canadian Titanium ?lgMat Limited, having its mala offica at 1401 McGill Collaga Avenue, Montreal 2, P.Q. Canada, ita sole salaa agent for baalc ailicata white lead, a^nufacturad by Cartar, with tha right to sell tha asaw undar tha trademark 45X: 1. The baais for remuneration of the two parties will be that of an equal division of the aiargln betwean our manufacturing coata and the sale* ravanua in any period. 2. The figure to be uaad es "manuf acturing cost" will initially ba an as tinste, revised from time to time in tha light of operating experience. 3. The ael1 tag price and Manufacturing coat for thia product ahall hm subjact to dlacuaaion end mutual agreement between tha two partlaa. 4. At Monthly interval* C.T.P. will report to Cartar the revenue fr salat of ASX, leas tha menufeeturing coat for tha quantity sold, calculated at tha then current f.o.b. plant price. C.T.P. will remit to Cartar 5OX of tk diffaranca. Sale* expanse, outside warehousing and all distribution charge# are for C.T.P.'* account. NL 000041762 . . <.continued N 27429.01 3 2- If the foregoing i In accordance with your own understanding, we would appreclate your o acknowledging it to cowplet our Mutual record. Hay 4, 1962, ML 000041763