Letter Agreement Regarding Most Favored Pricing – Coastal Transport Company, Inc. and Susser Petroleum Company, LP (September 12, 2005)
Coastal Transport Company, Inc. and Susser Petroleum Company, LP have agreed that if Coastal offers lower transportation rates to other customers in the same areas as Susser, those lower rates will automatically apply to Susser as well. This agreement lasts for the full term of their existing transportation contract and is subject to the contract's audit provisions. Both companies' presidents have signed the agreement.
Exhibit 10.19
COASTAL TRANSPORT COMPANY, INC.
1603 ACKERMAN ROAD
SAN ANTONIO, TEXAS
Letter Agreement
September 12, 2005
Mr. Rocky Dewbre
Susser Petroleum Company, LP
555 East Airtex Drive
Houston, Texas 77073
Dear Rocky:
Coastal Transport Company, Inc. (“Coastal”) and Susser Petroleum Company, LP (“Susser”) have entered into a Contract Carrier Transportation Agreement dated September 12, 2005 (the “Contract”). Notwithstanding the terms of the Contract, Coastal and Susser agree that in the event Coastal provides its services to any other customer for deliveries in the same geographic areas as for Susser at rates and charges below those set forth in Appendices A-D of the Contract (as they may be adjusted from time to time), Coastal shall immediately extend those prices to Susser. This Letter Agreement shall continue for the entire Term of the Contract and shall be subject to the Audit provision contained in the Contract.
Sincerely,
| /S/ RICHARD ATWELL |
| Richard Atwell |
| President |
Agreed:
| /S/ ROCKY DEWBRE |
| Rocky Dewbre |
| President-Susser Petroleum Company, LP |
