Marine Fuel Supply Agreement between Midstream Fuel Service, Inc. and Martin Midstream Partners L.P.

Summary

This agreement is between Midstream Fuel Service, Inc. and Martin Midstream Partners L.P. Midstream agrees to supply all of Martin Midstream's high sulfur diesel fuel needs at specified docks in Alabama and Mississippi for three years, with automatic yearly renewals unless either party gives 30 days' notice. The price is based on Midstream's average inventory cost plus a set fee per gallon. Additional charges apply for deliveries outside the specified docks. The agreement is governed by Midstream's standard conditions of sale.

EX-10.10 17 d97853exv10w10.txt FORM OF MARINE FUEL AGREEMENT EXHIBIT 10.10 MARINE FUEL AGREEMENT This MARINE FUEL AGREEMENT is made and entered into this the ____ day of ______________, 2002 by and between Midstream Fuel Service, Inc., an Alabama corporation, hereinafter referred to as "Midstream," and Martin Midstream Partners L.P., a Delaware partnership, hereinafter referred to as "Customer." Midstream and Customer agree as follows: 1. For and in consideration of the conditions set forth herein, and upon the terms and conditions hereinafter described, Midstream does hereby agree to supply Customer High Sulfur Diesel ASTM D-975 No. 2 to Customer at Midstream's docks in Mobile, Alabama; Theodore, Alabama; and Pascagoula, Mississippi. The term of this agreement for three years, commencing __________, 2002. After the initial term, the term shall automatically renew from year to year, unless either party gives written notice at least thirty (30) days prior to the expiration of the initial term or of any renewal term. 2. Customer agrees to purchase from Midstream one hundred percent (100%) its High Sulfur Diesel fuel requirements that occur in the Mobile, Theodore, or Pascagoula areas, during the term of this agreement. Midstream agrees to sell Customer High Sulfur Diesel ASTM D-975 No. 2 at its applicable dock, at a price per gallon equal to Midstream's Average Inventory Cost in effect on the date of delivery, plus $0.035 per gallon. Additional charges will apply for deliveries made to locations other than Midstream's docks. Payments shall be sent to Midstream at P.O. Box 911649, Dallas, Texas ###-###-####, or to such other address as Midstream shall designate in writing. 3. Midstream's Standard Conditions of Sale as set forth on Exhibit A shall govern the terms and conditions of sales of High Sulfur Diesel ASTM D-975 No. 2 to Customer by Midstream. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed the date first mentioned above. MIDSTREAM FUEL SERVICE, INC. By: --------------------------------------------- Its: -------------------------------------------- MARTIN MIDSTREAM PARTNERS L.P. By: Martin Midstream GP LLC Its: General Partner By: --------------------------------------------- Its: -------------------------------------------- 2 EXHIBIT A A-1