Letter Agreement Amending Crude Oil Supply and Terminalling Agreement between EOTT Energy Operating Limited Partnership and Koch Petroleum Group, L.P.

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Summary

EOTT Energy Operating Limited Partnership and Koch Petroleum Group, L.P. entered into this letter agreement to confirm an amendment to their existing Crude Oil Supply and Terminalling Agreement dated December 1, 1998. The amendment specifically addresses the yearly adjustment of supply volumes as outlined in Section 2.1(d) of the original agreement. Both parties agree to the terms by signing and returning the letter, ensuring mutual understanding and compliance with the updated supply volume provisions.

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EX-10.24 3 d97278exv10w24.txt LETTER AGREEMENT DATED JUNE 27, 2001 EXHIBIT 10.24 * Certain portions of this exhibit have been omitted pursuant to a request for confidential treatment which has been filed separately with the SEC. EOTT ENERGY OPERATING LIMITED PARTNERSHIP P.O. BOX 4666 HOUSTON, TEXAS ###-###-#### June 27, 2001 Koch Petroleum Group, L.P. 4111 East 37th Street North Wichita, Kansas 67220 Attention: Mr. James B. Urban Vice President Re: Crude Oil Supply and Terminalling Amendment dated December 1, 1998 by and between EOTT Energy Operating Limited Partnership ("EOTT") and Koch Petroleum Group, L.P. ("Koch"), EOTT Contract No. 37562 Gentlemen: Section 2.1 (d) of the referenced Agreement provides for a yearly adjustment of the Supply Volumes [*] If this letter accurately sets forth Koch's understanding of our agreement, please evidence your agreement by signing on behalf of Koch in the space provided on both counterparts of this letter, then return one fully executed counterpart to EOTT by fax (713 ###-###-####) and by mail for its files as soon as possible. Please contact me at ###-###-#### if you have any questions. Very truly your, /s/ Robert Sanford mms Robert Sanford General Manager Agreed to and accepted this 27th Day of July, 2001 By: Koch Petroleum Group, L.P. By: KPG/GP, Inc., its General Partner By: /s/ James B. Urban ssp ------------------------- Name: James B. Urban ------------------------- Title: Trading Manager -------------------------