Document reGy7zgGeG6b2rdyzR7NnJB3E

Z5\ CHEMICAL MANUFACTURERS ASSOCIATION, INC. 2501 M STREET, N.W. WASHINGTON, D.C. 20037 (202) 887-1100 DOW CHEMICAL Attn: Jonathan Ramlow 1803 Building Midland, MI 48674 D-U-N-S Identification Number 04-603-9152 TERMS - Payable Upon Receipt In U.S. Dollars For your company's first intallment for its pro-rata share of the VCRC research and advocacy budget, VC Ph. 10. Invoice G 57930 09/01/94 Federal Identification Number 53-0104410 $27,815.00 As required by statute. CMA has estimated that 16X of the 1994/95 Fiscal Year dues is allocable to lobbying and political expenditures to Nhich Section 142(e) (1) of the Internal Revenue Code of 1984, as amended, applies. Consequently, this portion of the above aaount is not deductible as an ordinary and necessary business expense for federal incoae tax purposes. 3110-0-887-10-D005 We are now required by law to tell you that contributions, gifts or membership dues paid to CMA are not deductible as "charitable contributions" for Federal income tax purposes. This law does not affect the deductibility of these payments as a "business expense." ; however 142(e) (1) noted above does ~affeet deductihl1ity. ---------------------------------------------------------------------------------------------CHEMICAL MANUFACTURERS ASSOCIATION, INC.