Aluminum Supply Letter Agreement between Tifton Aluminum Company, Inc. and Featherlite Trailers (August 19, 2002)

Summary

Tifton Aluminum Company, Inc. and Featherlite Trailers have agreed that Tifton (through ALCOA) will supply a specified amount of aluminum extrusions to Featherlite during the second quarter of 2003. The aluminum will be delivered from Tifton's Yankton plant to Featherlite in Cresco, Iowa, at agreed-upon prices per pound for solid and hollow shapes, with an additional charge for aide panels. Featherlite will pay by wire transfer upon shipment, and Tifton will reserve a set weekly amount to support Featherlite's needs. Prices and quantities are fixed for the contract period.

EX-10.25 3 dex1025.txt LETTER AGREEMENT DATED 8/19/2002 EXHIBIT 10.25 Confidential portions of this document indicated by ***** have been omitted and filed separately with the Commission TIFTON ALUMINUM COMPANY, INC. P O Box 188 142 Tifton Drive Delhi, Louisiana 71232 August 19, 2002 Mr. Gary Ihrke V.P. Operations Featherlite Trailers P O Box 320 Cresco IA 52136 Dear Gary, This letter will serve as confirmation of our agreement finalized today. ALCOA has purchased, with your authorization, # pounds of aluminum for your extrusion needs during the 2nd quarter of 2003. The extrusions will be purchased and delivered from our Yankton plant at a base price of ***** per pound on solid shapes, and ***** per pound on hollow shapes. As per our previous agreement, any aide panels will require a ***** adder. All prices include delivery to Cresco, IA. Featherlite will provide payment for each truckload via wire transfer at point of shipment. We are reserving # pound per week to support your program. The prices and tonnage stated above are firm, as metal has been secured to cover this contract. Thanks again for your business Yours Truly, Herb Grubbs, Regional Sales Manager cc: Jan Mauch, Yankton Brian Plunk, Plant City File