Document gx3qvYBJR295kmxq4RrkVZ1J

.<:n rep.LV raiur vv,,??: io-v fiance:; 2i4 houthern Alkali Corporation . ASSLT5 ADiablflRAilOf ' fa v j in gton 2 5,B, 0 tjUliO 14 , .i 94 Southern Alkali Corporation 5th Avenue at Bellefield Pittsburgh 13, Pennsylvania Gentlemen: Under date of May 24, 1949 the Yfer Assets Administrator approved an amendment to the lease agreement dated March 22, 1946 between RPC and Southern Alkali Corporation covering a portion cf Planeor 264, fer the purpose of including within the lease agreement a certain additional portion of said Plancor, known as Unit Ko, 1 and described more fully in the Invitation to Bid issued by T7AA, under Disposal No. FNO-PHJ-53, subject to certain terms and conditions enumerated in our letter to your Corporation of May 31, 1949 informing you of such approval. By letter dated June 7, 1943 your corporation notified this Administration of its acceptance of the award and the terms and conditions under which the award was made. Accordingly, upon your acceptance of this Letter of Intent and pending the preparation and execution of a formal lease amendment, you are authorised to take ooscession of the said Unit Guo,]* the following? 1. All provisions of this Administration*3 letter of May 31, 1949 to your Corporation are incorporated herein by reference, 2. A formal lease amendment effective as of the date of the acceptance of this Letter of Intent, covering the inclusion cf Unit No. 1 in the lease to your ccmneny of the ether portions of this Ifancor, together vith any other instruments which may he neces* ary nd appropriate to carry out toe understanding contained herein will be prepared by this Aaninistiaticu and. submitted to your company for execution, vi'-.b 'cnr.en able prerriness, 3 Your Corporation shall have the right to cancel this agreement or the formal lease aiiendment which my have taken its place at the expiration of one year from the date of your acceptance of this Letter of Intent if at that tine it is determined by agreement of the parties hereto or by arbitration that the re- neval and restoration operations with rorpost tc Units tubers 1 no 12 inclusive cf thin : l-.-vina-" .c j*BB 0003345_2 Southern Alkali Corporation Fage Fro specified in the contracts of sale of said units hare not been fully performed unless this Administration shall undertake to complete such removal and restoration operations promptly thereafter without cost to your Corporationt. Rental payments and all obligations and rights here under shall commence as of the date of acceptance of this letter of Intent,, 5* Ekcept as herein otherwise specified, your Corporation'e use end occupancy of Unit No. 1, as heretofore defined, shall be subject to all of the terms and conditions of the lease agreement between this Administration and your Corporation covering other portions of said Flaneor 264 and dated March 22, 1946. Sincerely yours, /s/ John G. Ford John G. Ford Associate Director Industrial Real Estate Disposal Division Accepted this 16th day cf June, 1949 SOUTHERN ALKALI CORPORATION By fat E r T f'gP1TM^ Vico President 033V6~J