Innophos Fosfatados, S. de R.L. de C. V. Domicilio Conocido S/N. Complejo Industrial Pajaritos. Coatzacoalcos, Ver. C. P. 96380 Tel. (921) 21 155 00
Exhibit 10.2
INNOPHOS FOSFATADOS DE MEXICO S DE RL DE CV
Mexico City, Mexico. April 22, 2009
PEMEX PETROQUÍMICA
MARINA NACIONAL 329
TORRE EJECUTIVA PISO 27
COL. HUASTECA
C.P. 11311, MÉXICO D.F.
TEL. +52 ###-###-####
ATENCIÓN: Ing. Jorge A Carrillo Careaga
GERENTE DE COMERCIALIZACIÓN
REFERENCE: Assignment of Rights and Obligations on Anhydrous Ammonia Supply Agreement Executed on February 15, 2008
Dear Mr. Carrillo:
I, in a capacity as legal attorney-in-fact of Innophos Fosfatados de Mexico, S. de R.L. de C.V. (I Fosfatados), hereby inform and request from you, in accordance with section 14.2 of above-mentioned agreement, the following:
Innophos Fosfatados de Mexico, S. de R.L. de C.V. is kindly requesting PEMEX Petroquimicas (PEMEX) consent for the assignment of the rights and obligations arising out of aforementioned agreement to Innophos Mexicana, S.A. de C.V. (I Mexicana), in the understanding that all obligations provided in said agreement will be assumed and fulfilled by I Mexicana.
That both parties intend that the transfer of rights and obligations arising out of the agreement to take place on May 1, 2009. Consequently, and prior consent by PEMEX, the anhydrous ammonia volumes will be supplied to I Mexicana beginning on that day, under the terms of above-mentioned agreement.
Therefore, we are requesting you carry out any legal proceedings and actions needed to put into effect, as soon as possible, the assignment of rights and obligations among I Mexicana, PEMEX and I Fosfatados.
Should you have any question or require additional information, please do not hesitate to contact us.
VERY TRULY YOURS
Lic. Hector Serrano Saucedo
Legal Attorney-in-Fact
Innophos Fosfatados de Mexico S de RL de CV
Innophos Mexicana SA de CV
Innophos Fosfatados, S. de R. L. de C. V.
Domicilio Conocido S/N.
Complejo Industrial Pajaritos.
Coatzacoalcos, Ver. C. P. 96380
Tel. (921) 21 155 00
INNOPHOS MEXICANA SA DE CV
Mexico City, Mexico. May 21, 2009
PEMEX PETROQUÍMICA
MARINA NACIONAL 329
TORRE EJECUTIVA PISO 27
COL. HUASTECA
C.P. 11311, MÉXICO D.F.
TEL. 5519448189
ATTENTION: Ing. Jorge A Carrillo Careaga
GERENTE DE COMERCIALIZACIÓN
REFERENCE: Liability of Innophos Mexicana for all debts assumed by Innophos Fosfatados
Dear Mr. Carrillo:
I, in my capacity as legal attorney-in-fact of Innophos Mexicana S.A. de C.V., hereby confirm that my principal is fully assuming any liability arising out of present or future debts incurred by Innophos Fosfatados de Mexico S de R L de CV, and related with anhydrous ammonia purchased from PEMEX Petroquímica, as soon as the assignment of rights made by Innophos Fosfatados de Mexico S. de R.L. de C.V. to Innophos Mexicana S.A. de C.V. on the ammonia supply agreement currently in effect has been acknowledged.
We also wish to ratify the following contact persons for notices for Innophos Mexicana S.A. de C.V.
Legal Representative.
Lic. Héctor Luis Serrano Saucedo
Tel. +52 (55) 5322-4868 fax:
E-mail: ***@***
Business Contact
Ing. Francisco Javier Candia Curiel
Tel. +52 (921) 2115558 fax: +52 (921)  ###-###-####
E-mail: ***@***
Should you have any question or require additional information, please do not hesitate to contact us.
SINCERELY YOURS,
Héctor Serrano Saucedo, Esq.
Legal Attorney-in-Fact
Innophos Fosfatados de Mexico S de RL de CV
Innophos Mexicana SA de CV
Innophos Fosfatados, S. de R. L. de C. V.
Domicilio Conocido S/N.
Complejo Industrial Pajaritos.
Coatzacoalcos, Ver. C. P. 96380
Tel. (921) 21 155 00
SUBMITTAL OF FILE GATHERED BY THE OFFICE OF THE MARKETING MANAGER FOR A CREDIT FACILITY TRANSFER PROCEDURE RELATED TO CUSTOMER:
Innophos Fosfatados de México, S. de R.L. de C.V.
Resolution CXCI-004
Based on submitted file and once it was verified that provisions set forth in the Guidelines for Credit Processing, in the Bases to Establish, Perform and Dissolve the Credit Institutional Committee, and Receivables for Customers of Pemex Petroquímica have been met, and once a validation by the Office of the General Counsel has been issued, this Committee has unanimously determined that the Procedure for a Credit Facility Transfer from customer Innophos Fosfatados de México, S.de R.L. de C.V. to Innophos Mexicanas S.A. de C.V. is admissible, consequently the matter has been forwarded to the Credit Department to execute applicable procedures.
Salvador Martínez Vega
Subgerencia Comercial
Pemex Petroquímica
Piso 27, Torre Ejec. Pemex
Marina Nacional #329
Col. Huasteca, CP 11311
Deleg. Miguel Hgo.
México, D.F.
Tel. 19448189
Conm. 19442500 Ext.57919