Aluminum Supply Letter Agreement between Tifton Aluminum Company, Inc. and Featherlite Trailers (11/13/2002)

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 fourth quarter of 2003. The agreement sets firm prices per pound for solid and hollow aluminum shapes, includes delivery to Cresco, Iowa, and requires Featherlite to pay by wire transfer upon shipment. Tifton will reserve a set amount of aluminum each week for Featherlite, and all terms are confirmed as final for the period covered.

EX-10.34 12 dex1034.txt LETTER AGREEMENT DATED 11/13/2002 Exhibit 10.34 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 LA 71232 November 13, 2002 Mr. Gary Ihrke VP 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 4th 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 agreements, any side panels will require a ***** adder. All other adders will apply consistent with our current agreements. All prices include delivery to Cresco, Iowa. Featherlite will provide payment for each truckload via wire transfer at point of shipment. We are reserving ***** pounds per week to support your program. The prices and tonnage stated above are firm, as metal has been secured to cover this contract. Thank again for your business. Yours Truly, Herb Grubbs Regional Sales Manager cc: Jan Mauch, Yankton Jack Folk, Plant City