Letter Agreement Between Constar, Inc. and Pepsi-Cola Company Regarding Resin Supply (2002)

Summary

Constar, Inc. and Pepsi-Cola Company entered into a confidential letter agreement to formalize terms related to resin supply for 2002. The agreement outlines mutual obligations based on recent projections and discussions, with both parties agreeing to finalize specific details and confirm the final numbers the following week. The agreement is executed by authorized representatives of both companies and is intended to govern their business relationship regarding resin procurement for the specified period.

EX-10.17 13 dex1017.htm LETTER AGREEMENT BETWEEN CONSTAR/PEPSI-COLA CO. Prepared by R.R. Donnelley Financial -- Letter Agreement between Constar/Pepsi-Cola Co.

Exhibit 10.17

CONFIDENTIAL

December 17, 2001

Mitch Adamek

1 Pepsi Way

Somers, NY 10589-2201

Dear Mitch:

Pursuant to our last discussion [***] associated with the latest projection we received from Cathy Lesko. To formalize this agreement I have attached a signature page for both of us to sign and exchange copies.

Hopefully, you can appreciate the [***]

Finally, we are finalizing the [***] and should have that completed next week. Based on our agreement, [***]. I will touch base with you next week to make sure we are in agreement with the final number.

Sincerely,

/s/ Michael J. Hoffman

Michael J. Hoffman

[***]

Confidential treatment requested

Pepsi Resin Agreement — 2002		1

CONFIDENTIAL		12/19/2001

AGREEMENT ACCEPTANCE FORM

The undersigned are duly authorized to execute this Agreement on behalf of CONSTAR and Pepsi.

CONSTAR, Inc.		Pepsi-Cola Company

Signature:	/s/ Michael J. Hoffman	Signature:	Mitch Adamek
Print Name:	Michael J. Hoffman	Print Name:	Mitch Adamek
Title:	President	Title:	V.P. Global Procurement
Date:	12/17/01	Date:	1/10/02

Pepsi Resin Agreement — 2002		2

CONFIDENTIAL		12/19/2001