Document Z82EeZmXMR2jRV1ZnR08Z8o97

Monsanto Chemical Company St. Lours 4, Missouri March 83, 195* Mr. R. L. losklnsan Manager, Tatting Division Douglas Aircraft Company, Xnc. Santa Monica, California ftot Monsanto-Douglas Agreement of August 24, 1948 CoMtreial Intorpriao Fluid F-9_______________; Daar Mr. Xoalcintoni Furauant to our discussions vs agree to asks the following ozeaptions insofar as Fluid F-9 ia ooncomad to tha agraaaant of August 84, 1948 between Monsanto Chaaieal Company and Douglaa Aircraft Coapany, Xnc. as Modified with raspaet to "Sailing and Administrative Expense Allowance" by tha latter of Mr. Charles I. Sovswr to Mr. Donald V. Douglas, Jr. of Dooaaber 6, 1950) 1. In calculating "Profit Derived by Monsanto" for Fluid F-9 as oat out in paragraph A-1*01 of tha Account ing Procedure (Appendix A)i (a) tha price (arrived at in accordance with sub-paragraph 1 of Paragraph A-1.03) raw Materials which are Manufactured by Monsanto will he reduced bar a factor of tan percent (10) in calculating "Total Manufacturing Coat" (Paragraph A-1.03), (b) "Sailing and Adainiatrative Expense Allowance" (paragraph A-1.04) shall be an amount equal to ton percent (10^) of the "Met Sales Amount" instead of fifteen percent (1500 the "profit Derived by Monsanto" aa now provided; provided, however, the "Selling and Administrative Bcptna# Allowance" shall not axcead fifty parcant (5000 of "Profit Darlved by Monsanto", VAULT C0P\ Return to Dfftcs of the Secretary DSW 620067 STLCOPCB4094094 . Mr.*. t. iMklnMa 2 March *3. 195* t. )Slit "Douglas profit tharo" shall m fifty porooat (5090 of the "Profit Derived by Monsanto" Instead of forty porooat (*0Jf) as now specified in tho Monsanto-Dou^ae lottor agree--nt of Pobruary 23, 1951 under which Fluid F-9 was laeorporatod into tho "Gow--rclal fciterprise". Zt is undorstood sad agreed that these exceptions apply only to Fluid F-9 and aro subject to review at any tiao upon request of oithor party. Furthemore, it is uadorstood and agreed that these exceptions with respect to Fluid F-9 constitute no precedent vlth respect to other fluids which are now in the "Cmreial Enterprise" or which way bo brought into the "Cohaerclal Enterprise" in the future. If the above understandings and agreement west with the approval of Douglas Aircraft Coapany, Xne., please indi cate such agreewent and approval by execution of this letter in duplicate at the piece indicated below and return a signed original to us. ary truly yours, MOMSAMTO CHEMICAL AGREED TO* DSW 620068 STLCOPCB4094095