EFTA Document EFTA01994860

To: ' • " ation©gmail.com]; Jeffrey [email protected]] Cc: From: Rich Kahn Sent: Tue 3/1/2011 4:32:49 PM Subject: FW: STT Fuel Price Agreement Please advise Rich Kahn HBRK Associates Inc. tel fax cel From: Sent: Tuesday, March 01, 2011 10:48 AM To: Rich Kahn Subject: RE: STT Fuel Price Agrement Good morning Rich Allow me to introduce myself, my name is Derek Watkins. I am V.P. Group Operations for Michael. Michael is travelling but he asked me to contact you to clarify the conversation between Jeffrey and Michael. I was present during their conversation between them and verbally introduced myself to Jeffrey at that time. My purpose for being there was to take notes to ensure there are no further misunderstandings. The attachment that you have is 100% correct. Allow me clarify the 30 cents margin that we are retaining. This is after the cost of product, all fees, taxes and transportaion costs. Our retail sales agreement with Chevron/Texaco forbids us disclosing propriety EFTA_R1_00488995 EFTA01994860 information. Were we to divulge confidential information, this would grossly undermine our relationship with those companies and subsequently have a damaging impact on our business. Upon receipt of the $50,000.00 we will make an immediate purchase on your behalf and the fuel will be placed in our storage tanks. You will be notified immediately confirming your price. All future pre-pays will be made in the same way with the price as it pertains to the market on that day. Furthermore, STTJC has a distribution list to 25 conract companies notifying them of any change in our pricing. We will add you to that list so you will be fully aware of any and all price changes, both up and down. Regards Derek Watkins for Michael J. Hancock Original Message Subject: RE: STT Fuel Price Agrement From: "Rich Kahn" Date: Mon, February 28, 2011 9:10 am To: < Thank you for your email. I was away last week so I apologize for not responding sooner. My understanding was that the deal was going to be $0.30 above cost not $1.76 less retail. Please advise. Rich Kahn EFTA_R1_00488998 EFTA01994861 HBRK Associates Inc. tel fax cel From: Sent: Wednesday, February 23, 2011 12:02 PM To: Rich Kahn Subject: STT Fuel Price Agrement Richard The attachment outlines the agreement between Jeffrey and myself. Regards Michael J. Hancock EFTA_R1_00488997 EFTA01994862