Natural Gas Sales Contract and Confirmation between Nami Resources Company, LLC and Osram Sylvania Products, Inc.
This agreement is between Nami Resources Company, LLC (Seller) and Osram Sylvania Products, Inc. (Buyer) for the sale and purchase of up to 4,000 dekatherms of natural gas per day. The contract starts May 1, 2003, and continues month-to-month unless either party gives 30 days' written notice to terminate. The price is based on the Appalachia, Columbia Gas Monthly Index as published in Platts Gas Daily. Delivery will be made to specified Columbia Gas Transmission points. The agreement is confirmed unless objected to within one business day.
Exhibit 10.28
NAMI RESOURCES COMPANY, LLC
NATURAL GAS CONTRACT AND CONFIRMATION
Trade date: May 26, 2003
Confirmation #052803OS
| SELLER | BUYER | ||
| Nami Resources Company, Inc. | Osram Sylvania Products, Inc. | ||
| 104 Nami Plaza | 1000 Tyrone Pike | ||
| Suite 100 | Versailles, KY 40383 | ||
| Lexington, KY 40507 |
| ||
|
|
| ||
| Attention: | Mr. Mike Nami | Attention: | Mr. Jack Ambrose |
| Phone: | (859) 455-8822 | Phone: | (859) 879-1235 |
| Facsimile: | (859) 254-8639 | Facsimile: | (859) 879-1302 |
| Term: | May 1 – 31, 2003 and month to month thereafter |
| Volume: | Up to 4,000 Dth per day |
| Price | 100% of the Appalachia, Columbia Gas Monthly Index price for May, 2003 and each month thereafter as published in Platts Gas Daily |
| Delivery Point(s): | Columbia Gas Transmission KA-1 pipeline and/or TCO Pool #49505 |
| Type of Delivery: | Firm |
| Other: | Terms shall remain in effect unless terminated upon thirty (30) days written notice by either Buyer or Seller. |
| This document must be returned, by facsimile transmission to ###-###-####, within one (1) business day of receipt. Failure to return this document signed will deem this confirmation accurate and acceptable to all parties. Thank you for your business. |
|
|
| I acknowledge that this represents the agreement reached between BUYER and SELLER |
|
|
| SELLER |
| BUYER | |||||||||
| NAMI RESOURCES COMPANY, LLC |
| DOMINION FIELD SERVICES, INC. | |||||||||
|
|
|
| |||||||||
|
|
|
| |||||||||
|
|
|
| |||||||||
| By: | /s/ Majeed S. Nami |
|
| By: | /s/ Jack Ambrose |
| |||||
|
|
|
| |||||||||
| Name: | Majeed S. Nami |
| Name: | Jack Ambrose | |||||||
|
|
|
| |||||||||
| Its: | President |
| Its: |
|
| ||||||
