Service Addendum No. 1 to Service Agreement between The Dow Chemical Company and Union Carbide Corporation

Summary

The Dow Chemical Company and Union Carbide Corporation entered into this Service Addendum No. 1, effective February 6, 2001, as part of their existing Service Agreement. This addendum outlines a comprehensive list of business services that Dow Chemical (or its affiliate) will provide to Union Carbide, including market research, accounting, legal, HR, engineering, and more. Both parties have agreed to these terms, which specify the scope of services but do not detail pricing or duration in this document.

EX-10.23(1) 4 a2091948zex-10_231.htm EXH. 10.23.1
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EXHIBIT 10.23.1

Service Addendum No. 1 to Service Agreement

Per Article 3 of the Service Agreement (the "Agreement") between The Dow Chemical Company ("TDCC") and Union Carbide Corporation ("UCC"), with an Effective Date of 6 February 2001, this Service Addendum specifies services which TDCC (or its designated Affiliate) is to perform pursuant to the terms and conditions of the Agreement.

Services:

•: Market Research
•: Information System Services
•: Marketing Communication
•: Sales Administration
•: General Administration
•: Insurance
•: Internal Auditing
•: Accounting Services
•: Human Resources
•: Strategic Planning
•: Customer Financial Services
•: Treasury
•: Investor Relations
•: Portfolio Investment
•: Engineering
•: Research and Development
•: Legal (including Patent, Trademark and Copyright)
•: EH&S
•: Tax Administration
•: Supply Chain Administration
•: Manufacturing Administration
•: R&D Administration
•: Purchasing
•: Export Control/NAFTA compliance/chemical weapons convention support

THE DOW CHEMICAL COMPANY		UNION CARBIDE CORPORATION
By:		By:
Name:	Arnold A. Allemang	Name:	James J. McIlvenny
Title:	Executive Vice-President	Title:	President
Date:	February 6, 2001	Date:	February 6, 2001

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