Retirement Awards Program - Hatem El-Khalidi

Exhibit 10(i)

Arabian American Development Company

10830 North Central Expressway, Suite 175
Dallas, Texas 75231
(214)  ###-###-####

Retirement Awards Program
February 16, 2007

Hatem El-Khalidi
10830 N. Central Expressway
Dallas, TX 75231

Dear Mr. El-Khalidi,

This letter will serve to formalize the terms and conditions of our agreement concerning your pending retirement as President of Arabian American Development Co. et al. and to recognize the forty years of service to the Company. This agreement is entered into for the benefit of the Company, recognizing your long service, expertise, and history in the areas of marketing, contract negotiations, and mineral development and the role you have played in these areas. The following shall take effect upon your official retirement from the Company:

	1.		The Company will pay you three thousand dollars ($3,000.00) per month promptly on the first day of each month for the remainder of your natural life.
	2.		Subsequent to your passing, the Company will pay your surviving spouse, Ingrid El-Khalidi, a sum of two thousand dollars ($2,000.00) per month promptly on the first day of each month for the remainder of her natural life.
	3.		Additionally, you may participate in the Employees Group Health Insurance program as provided to employees of the Company, the premium of which will be fully funded by the Company. The Company shall not be obligated to provide any health insurance coverage other than that offered to any regular employee in its normal benefits program, which may change from time to time. This benefit shall be available to yourself and to Ingrid El-Khalidi for each of your natural lives and shall not apply to any other parties, whether related, dependent upon you, or associated with you in any way.