J Aron Amendment Early Termination Election, dated November 7, 2019

DocuSign Envelope ID: F158A52B-59B1-4746-8232-362C2771C4CE CONFIDENTIAL November 7, 2019 Alon Refining Krotz Springs, Inc. 7102 Commerce Way Brentwood, Tennessee 37027 Re: Early Termination Election Ladies and Gentlemen: Reference is made to the Second Amended and Restated Supply and Offtake Agreement dated as of February 1, 2015, between Alon Refining Krotz Springs, Inc. (the “Company”) and J. Aron & Company LLC fka J. Aron & Company (“Aron”), as amended from time to time (the “S&O Agreement”). Capitalized terms used but not defined herein shall have the meaning given to such terms in the S&O Agreement. With respect to the S&O Agreement, the parties hereto agree as follows: As of the date hereof, the S&O Agreement is hereby amended by restating clause (i) of Section 3.2 to read as follows: (i) gives the other Party at least four (4) months prior notice of any such election pursuant to Article 26, Subject to the foregoing, the S&O Agreement is and remains in full force and effect. This letter agreement may be executed in any number of counterparts, each of which when executed will be an original, and all of which, when taken together, will constitute one agreement. Delivery of an executed counterpart of a signature page of this letter agreement by facsimile transmission will be effective as delivery of a manually executed counterpart hereof. This letter agreement shall be governed by, and construed in accordance with, the law of the State of New York without regard to principles of conflicts of law. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 1 ny-1790494

 

DocuSign Envelope ID: F158A52B-59B1-4746-8232-362C2771C4CE Please indicate your agreement and acceptance of the foregoing by signing this amendment letter and returning a copy to the undersigned. Upon your signature, this amendment letter shall become a binding agreement of the Company and Aron as of the date first written above. Very truly yours, J. ARON & COMPANY LLC By: __________________________________ Title: _________________________________ AGREED AND ACCEPTED: ALON REFINING KROTZ SPRINGS, INC. By: ____________________________ Title: ___________________________Cfo By: ____________________________ Title: ___________________________VP & Treasurer 2 ny-1790494