Extension of Partnership Agreement between Cytec Plastics, Inc. and Rohacryl, Inc.

Summary

This agreement extends the existing partnership between Cytec Plastics, Inc. and Rohacryl, Inc., originally established in 1976. The extension sets the new partnership term to last until July 1, 2005, after which it will automatically renew each year unless both parties agree to end it. The agreement is signed by both companies' presidents and does not alter other terms of the original partnership.

EX-10.8C 4 gex10_8c-27717.txt EX-10.8C Exhibit 10.8(c) EXTENSION OF PARTNERSHIP AGREEMENT THIS EXTENSION OF PARTNERSHIP AGREEMENT (this "Extension") is made this 27th day of March, 2002, by and between CYTEC PLASTICS, INC., a Delaware corporation formerly known as Cyanamid Plastics, Inc. ("Cytec"), and ROHACRYL, INC., a Delaware corporation ("Rohacryl", and together with Cytec, each individually a "Partner" and collectively "Partners"). WHEREAS, Cytec and Rohacryl entered into a Partnership Agreement dated July 1, 1976 (as amended, the "Partnership Agreement"). WHEREAS, the Partners wish to extend the term of the Partnership through July 1, 2005. NOW, THEREFORE, the Partners agree as follows: 1. DEFINITION: Capitalized terms not otherwise defined herein shall have the meanings assigned to them in the Partnership Agreement. 2. EXTENSION: The Partners hereby agree that the initial term of the Partnership set forth in Section 12 of the Partnership Agreement shall be extended until July 1, 2005, after which the Partnership shall continue from year to year thereafter until terminated by mutual agreement of the Partners. IN WITNESS WHEREOF, the undersigned have executed this Extension on the day and year first set forth above. CYTEC PLASTICS, INC. By: /s/ J.P. Cronin ------------------------------- Name: James P. Cronin Title: President ROHACRYL, INC. By: /s/ Karlheinz Nothnagel ------------------------------- Name: Karlheinz Nothnagel Title: President