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HOOKER CHEMICAL COMPANY
P.0. BOX 4289 HOUSTON. TEXAS 77210 1713)840-7535 TWX 910-881 -6327 TELEX 774-349
June 11, 1981
Mr. G. W. Ash Corporate Account Manager Shell Chemical Company One Shell Plaza P. 0. Box 2463 Houston, TX 77001 Dear George: Enclosed is your April 21, 1981 letter referencing weekly billings. We have executed the agreement and will appreciate you communicating when the weekly billing will commence. Si
D. W. Calhoun DWC/sr 1702b cc: James Hopper - Pottstown, PA
OCC 017667
4/28 pcs J. F. KNIGHT ^
Shell Chemical Company
Ono Stol Plaza P.O. Box 2463 Hteuston. Texas 77001
April 21. 1981
Hr.`James G. Parsons , Hooker Chemical Company P.0. Box 4239 Houston. TX 77210
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RECEIVED APR 2 41981 J. R.
Dear Jim:
As you know we were asked to consider weekly consolidated billings for tank car shipments to various Hooker locations. While we were attempting to reach agreement on that request, your chlor-alkali people requested monthly billing with appropriate payment terms.
Vte prefer at this time to make the move to weekly billing u^pn your agreement to the following
1) Hooker accepts payment terms of net 27 days from date of invoice. The intent here is to assure your continued good pay performance.
2) Hooker will not hold up payment of invoices for individual tank car discrepancies. Invoices will be paid within 27 days from invoice date, and discrepancies will be resolved promptly'as a separate matter.
After we get experience with weekly billing, we can consider the bigger move to monthly billing.
If you agree to the above, please so signify by signing this letter below as provided and returning a copy to me for our files. Upon receipt of your at tached copy, I will instruct accounting to begin weekly billings and notify you of the date on which we will begin.
If you have any questions, please give me a call. We are pleased that we could be responsive- to your needs and look forward to beginning this new service.
Yours very truly, . y.
G. U. Ash Corporate Account Manager
James Hopper - Pottstown
Accepted and agreed this
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.. . 1981.
Title
OCC 017668