Document Y6bNDVwkz3XbxqMjzQNRygYn

Th e An a c o n d a Co mp a n y 25 Broadway. New York 4. N.Y THE VICE l>KEM1Ufc*T h o is or 0(*ea<hTtoN t/ November 29, 1961 American Chemet Corporation 105 West Madison Street Chicago, Illinois Gentlemen: Att: Mr. W. W. Shropshire, President This will confirm the agreement between The Anaconda Company (hereinafter called "Anaconda") and American Chemet Corporation (hereinafter called "Chemet") whereby Anaconda will sell to Chemet, and Chemet will purchase from Anaconda, zinc plant casting baghouse fume (hereinafter called "Baghouse Fume") in the quantity and on the terms and conditions hereinafter set forth. 1. Quantity Chemet will purchase from Anaconda here under Chemet's requirements of Baghouse Fume each month, up to the total amount of Bag'house Fume produced by Anaconda during that month at its zinc plant at Great Falls, Montana, it being understood that Anaconda shall be obligated to deliver Baghouse Fume hereunder only from its current production of Baghouse Fume at said plant. Chemet will give Anaconda sufficient advance notice of its monthly requirements of Baghouse Fume to permit Anaconda to make timely delivery hereunder. If operations at Anaconda's zinc plant at Great Falls, Montana, are substantially curtailed or are discontinued. Anaconda shall so notify Chemet and this agreement shall thereupon be terminated. 2- Quality PNYC 00011880 The Baghouse Fume to be sold by Anaconda to Chemet hereunder Will be the zinc plant casting baghouse fume produced by Anaconda in the normal course of its zinc plant operations at Great Falls, Montana. It is understood ,j>r IMi ^ 2-- and agreed that Anaconda makes no representations with respect to and does not guarantee the analysis of the Baghouse Fume, it's "color or its'physical properties: 2- - 7 ^ - ' 3. :-Delivery :c for it..-. :r.e cant . by .c.-. - 'u. . .. ` ' '' The Baghouse -Fume will be delivered -in bulk 'railroad cars at Anaconda's pi rn1, nf Grant FnllV,----- TSontana. Any expenses incurred by Anaconda for special handling, loading or packaging'-'-will 'be' 'for the account 'of Chemet and-Chemet will -reimburse Anaconda therefor upon demand. '- Anaconda will load all-shipments;of -Baghouse Fume hereunder from the-same - locat ions in-its'flue system and baghoUSe -'at said plant,-which will be ' ' selected to conform as closely as possible to Chemet1s require ments as to color, to-the extent'that the quantity-of Baghouse' Fume available -from such locations will satisfy-Chemet1s require- - ments -for Baghouse Fume hereunder and-provided that the Baghouse Fume can be-loaded.'from such locations -in the required type `of railroad'car without special handling'or other provision. ' - i -' v/l'j-0 0. t ;n r ecu it In-, nay be '.".c;-..: ;vr c.'. ;t ir. at any tine tv 4,'c'-Sampling, 'Weighing and Assaying '- - :...it-riti ;n . by sendtr < t : Cbamec jy :.n: c.SiS ."..i:.- a-. \r.' _ : -/ j address , posts;;: Railroad weights'at tGreat Falls ,:rKontana'and samples'-'taken-by-Anaconda as'-the Baghouse'-'Fume-is :loaded into railroad aars twill' govern' ~In Computing the-purchase'price and making':s'ettlement -hereunder. ?J=Each^railroad car;shall be -'Sampled separately. bvone'-pcirt ion tof-each csuch' sample'will tbe "assayed':fof zinc content by Anaconda and a second portion will be sent to Chemet for such'assayJ22Ip.Qiia'dKi;egr.cta2Chemet that its assay has been completed, the assay results of the parties will be crossed in the mailht?rhe averagekof sthe ttwpaassays 2for- aln'cwiilhgOvenTufor ^purposes Of rs'etbl6nentntereuridef tif-'thdse -mtt.g assays' di-f fett'by dOP5Sc6r`eiess; he^dui;d"-the 'two'iasSays ifof be zi.n'6ndiffef by`bnof0afh&'H)A5X&SycforytKaebnetartVf-Kcrb imdde bb'y tad umpfrehaCcdepfable ifcdtfa'otK parties efrom ea r-third d e r pdrtidn'edfethe Sample yilln Psucht-eVerit-^ the -as'say tof- tK5 umpire eIf itufal'Is ^betweenthdiSsSays'ap'f ctfheOpartie'Seo'f ffc-j is-Chets dine as'wth'fi S$ka.f3G Idith'6'fnparty? of tthe^asSif apf tfhSfparty 3whidh*is closest 3to tKs!t cofPthdcumpire ifethetLatter-does not fall between the assays of the parties and is not the same' as the assay of either party, shall >6e cthe Sacc'Aptfeef^as S ay fo'r tfh'd zinc fear load e~ from twhidh ^the ^''AnpTO'yirf fqrfes't'ffcfh ^astrfaken=aSdeShall 'govefri ^ fot pdrposeVaof- SAC-tEdment ehdfeund<fr la^The ch'drge sfor ethe'^umpire as'Say hshail ibe cpafd zby cthe spdfrty wftose aasdaftf6f find Scontent is further nffbni that idf tbe'nQmpife^ssaypcteinnination = 1 the governing assay and ccraputarion of the correct price. 5. Price for Baghouse Fume PNYC 00011881 Chemet will pay Anaconda a purchase price for the Baghouse Fume delivered hereunder computed as follows: