<SEC-DOCUMENT>0000950123-11-103379.txt : 20111219
<SEC-HEADER>0000950123-11-103379.hdr.sgml : 20111219
<ACCEPTANCE-DATETIME>20111216191502
ACCESSION NUMBER:		0000950123-11-103379
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20111215
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20111219
DATE AS OF CHANGE:		20111216

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CVR ENERGY INC
		CENTRAL INDEX KEY:			0001376139
		STANDARD INDUSTRIAL CLASSIFICATION:	PETROLEUM REFINING [2911]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33492
		FILM NUMBER:		111267724

	BUSINESS ADDRESS:	
		STREET 1:		2277 PLAZA DRIVE
		STREET 2:		SUITE 500
		CITY:			SUGAR LAND
		STATE:			TX
		ZIP:			77479
		BUSINESS PHONE:		(281) 207-7711

	MAIL ADDRESS:	
		STREET 1:		2277 PLAZA DRIVE
		STREET 2:		SUITE 500
		CITY:			SUGAR LAND
		STATE:			TX
		ZIP:			77479
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>y93739ae8vk.htm
<DESCRIPTION>FORM 8-K
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<H5 align="left" style="page-break-before:always"><A HREF="#Y93739toc">Table of Contents</A></H5><P>
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<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>






<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>


<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>



<!-- xbrl,dc -->
<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date
of Report (Date of earliest event reported): December&nbsp;16, 2011
(December 15, 2011)</B>
</DIV>
<!-- /xbrl,dc -->
<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>CVR ENERGY, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">
(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<TR></TR>
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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>001-33492</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>61-1512186</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">jurisdiction of
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Identification Number)</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<B>2277 Plaza Drive, Suite&nbsp;500<BR>

Sugar Land, Texas 77479</B></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
(Address of principal executive<BR>

offices, including zip code)</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Registrant&#146;s telephone number, including area code: (281)&nbsp;207-3200</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>













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<A name="Y93739toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#Y93739000">Item&nbsp;1.01. Entry into a Material Definitive Agreement</A></TD></TR>
<TR><TD colspan="9"><A HREF="#Y93739001">Item&nbsp;2.01. Completion of Acquisition or Disposition of Assets</A></TD></TR>
<TR><TD colspan="9"><A HREF="#Y93739002">Item&nbsp;2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant</A></TD></TR>
<TR><TD colspan="9"><A HREF="#Y93739003">Item&nbsp;8.01. Other Events</A></TD></TR>
<TR><TD colspan="9"><A HREF="#Y93739004">Item&nbsp;9.01. Financial Statements and Exhibits</A></TD></TR>
<TR><TD colspan="9"><A HREF="#Y93739005">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="y93739aexv2w1.htm">EX-2.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="y93739aexv10w1.htm">EX-10.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="y93739aexv99w1.htm">EX-99.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="y93739aexv99w2.htm">EX-99.2</A></TD></TR>
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<!-- link1 "Item&nbsp;1.01. Entry into a Material Definitive Agreement" -->
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<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
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    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;1.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Entry into a Material Definitive Agreement</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On December&nbsp;15, 2011, certain subsidiaries of CVR Energy, Inc., a Delaware corporation (the
&#147;Company&#148;), entered into an ABL incremental commitment agreement (the &#147;Incremental Commitment
Agreement&#148;) pursuant to which the lenders thereto severally agreed to provide $150.0&nbsp;million in
aggregate incremental commitments under the existing ABL credit facility, dated as of February&nbsp;22,
2011, among Coffeyville Resources, LLC (&#147;Resources&#148;) and the other borrowers named therein
(collectively, together with Resources, the &#147;Borrowers&#148;), certain of Resources&#146;s holding companies
and other subsidiaries (collectively, together with the Borrowers, the &#147;Credit Parties&#148;), the
lenders from time to time party thereto and Deutsche Bank Trust
Company Americas (&#147;Deutsche Bank&#148;),
as administrative agent and collateral agent (the &#147;Existing ABL Credit Facility&#148; and, as amended
pursuant to the Incremental Commitment Agreement, the &#147;ABL Credit Facility&#148;), in accordance with
and subject to the terms of the Existing ABL Credit Facility and the Incremental Commitment
Agreement.
</DIV>
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<DIV align="left"><A NAME="Y93739001"></A></DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
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    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;2.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Completion of Acquisition or Disposition of Assets</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On December&nbsp;15, 2011, pursuant to the previously announced Stock Purchase and Sale Agreement
(the &#147;Purchase Agreement&#148;), dated  November&nbsp;2, 2011, by and among The Gary-Williams Company, Inc., a Delaware corporation (&#147;Seller Parent&#148;), GWEC Holding Company,
Inc., a Delaware corporation and a wholly-owned subsidiary of Seller Parent (&#147;Seller&#148;),
Gary-Williams Energy Corporation, a Delaware corporation and a wholly-owned subsidiary of Seller
(&#147;GWEC&#148;), the Company and Resources, Resources completed its previously announced acquisition of all of the issued and
outstanding shares of GWEC from Seller (the &#147;Acquisition&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On November&nbsp;2, 2011, Resources delivered a $26,250,000 deposit to Seller by wire transfer of
immediately available funds (the &#147;Purchase Price Deposit&#148;). On December&nbsp;15, 2011, Resources paid
Seller $571,335,000 in cash, consisting of the initial purchase price of $525,000,000 (less the
Purchase Price Deposit), a preliminary capital expenditure adjustment of $185,000, and a preliminary working capital adjustment of $82,900,000, which adjustments remain
subject to customary post-closing review. $10,500,000 of the Purchase Price will be held in escrow to secure Seller&#146;s
obligations to indemnify Resources. The description of the Purchase
Agreement above is qualified in its entirety by reference to the full text of the agreement,
attached hereto as Exhibit&nbsp;2.1, which is incorporated herein by reference.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GWEC&#146;s audited consolidated financial statements and related notes as of and for the years
ended December&nbsp;31, 2010 and 2009 were filed as Exhibit&nbsp;99.2 to the Company&#146;s Current Report on
Form 8-K dated December&nbsp;9, 2011, and GWEC&#146;s audited
consolidated financial statements and related notes as of the year ended December&nbsp;31, 2009 and for
each of the years in the two-year period then
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">ended were filed as Exhibit&nbsp;99.3 to the Company&#146;s Current Report on Form 8-K dated December
9, 2011. GWEC&#146;s unaudited consolidated financial
statements as of September&nbsp;30, 2011 and for the nine months ended September&nbsp;30, 2011 and 2010 were
filed as Exhibit&nbsp;99.4 to the Company&#146;s Current Report on Form 8-K dated December&nbsp;9, 2011. The Company&#146;s unaudited pro forma condensed consolidated
financial statements as of and for the nine months ended
September&nbsp;30, 2011 and for the year ended
December&nbsp;31, 2010, which give effect to the Acquisition and related transactions, are attached
hereto as Exhibit&nbsp;99.2 and incorporated by reference herein.</DIV>

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<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;2.03.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet
Arrangement of a Registrant</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Senior Secured Notes Offering</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On December&nbsp;15, 2011, Resources and Coffeyville Finance Inc. (&#147;Finance&#148; and collectively, together with Resources, the &#147;Issuers&#148;), the Company&#146;s
wholly-owned subsidiaries, closed an offering of $200&nbsp;million aggregate principal amount of 9%
first lien senior secured notes due 2015 (the &#147;Notes&#148;). The
Notes were sold at issue price of 105% plus accrued interest since
October 1, 2011. The Notes were issued as &#147;Additional Notes&#148; pursuant to an
indenture (the &#147;Indenture&#148;), dated April&nbsp;6, 2010, among the Issuers, the guarantors party thereto
and Wells Fargo Bank, National Association, as trustee. The Indenture, which includes a form of note, was
filed as Exhibit&nbsp;1.1 to the Company&#146;s Current Report on Form 8-K dated April&nbsp;12, 2010 and is incorporated by reference herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Notes are fully and
unconditionally guaranteed by each of the Company&#146;s subsidiaries that also guarantee the ABL Credit
Facility (the &#147;Guarantors&#148; and, together with the Issuers, the &#147;Indenture Credit Parties&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Notes bear interest at a rate of 9% per annum and mature on April&nbsp;1, 2015, unless earlier
redeemed or repurchased by the Issuers. Interest is payable on the Notes semi-annually on April 1
and October 1 of each year to holders of record at the close of business on March&nbsp;15 and September
15, as the case may be, immediately preceding each such interest payment date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Issuers will have the right to redeem the Notes at the redemption prices set forth below:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On or after April&nbsp;1, 2012, some or all of the Notes may be redeemed at
a redemption price of 106.750% of the principal amount thereof if
redeemed during the twelve-moth period beginning on April&nbsp;1, 2012,
104.500% of the principal amount thereof if redeemed during the
twelve-month period beginning on April&nbsp;1, 2013, and 100% of the
principal amount if redeemed on or after April&nbsp;1, 2014, plus any
accrued and unpaid interest;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Prior to April&nbsp;1, 2012, up to 35% of the
Notes issued under the Indenture</TD>
</TR>


</TABLE>
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>may be redeemed with the proceeds from
certain equity offerings at a
redemption price of 109.000% of the
principal amount thereof, plus any
accrued and unpaid interest;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Prior to April&nbsp;1, 2012, some or all of the
Notes may be redeemed at a price
equal to 100% of the principal amount
thereof plus a make-whole
premium; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Prior to April&nbsp;1, 2012, but not more than
once in any twelve-month period,
up to 10% of the Notes issued under the
Indenture may be redeemed at a
price equal to 103.000% of the principal
amount thereof plus accrued and unpaid
interest to the date of redemption.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, the Issuers are required to offer to repurchase the Notes at a purchase price of 101% of
the aggregate principal amount upon the occurrence of a change of control, and are required to offer to
repurchase the Notes at a purchase price of 100% upon the occurrence of certain asset sales.
</div>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Indenture contains restrictive covenants that limit, among other things, the ability of
the Issuers and certain of their subsidiaries to incur additional indebtedness, pay dividends and
make distributions on common and preferred stock, make other restricted payments, make investments,
incur liens, consolidate, merge, sell or otherwise dispose of all or substantially all of its
assets and enter into certain transactions with affiliates, in each case, subject to exclusions,
and other customary covenants. The Indenture also contains customary events of default.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The obligations of the
Indenture Credit Parties under the Notes and the guarantees are secured
by (1) a first priority security interest on substantially all of the Indenture Credit Parties&#146; assets
other than inventory and accounts receivable and related assets which
secure the ABL Credit Facility on
a first priority basis (the &#147;ABL Priority Collateral&#148;) and
(2) a second priority security interest on ABL Priority
Collateral.

</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ABL Credit Facility</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As disclosed under Item&nbsp;1.01 above, on December&nbsp;15, 2011, the Credit Parties
entered into a $150.0 million  Incremental Commitment Agreement pursuant to the ABL Credit Facility. Following
the execution and delivery of the Incremental Commitment Agreement, the ABL Credit Facility is a
senior secured asset based revolving credit facility in an aggregate principal amount of up to
$400.0&nbsp;million, together with an incremental facility which permits an increase in borrowings of up to
$100.0&nbsp;million in the aggregate subject to additional lender commitments and certain other
conditions. The proceeds of the loans may be used for capital expenditures and working capital and
general corporate purposes of Resources and its subsidiaries. The ABL Credit Facility provides for
loans and
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">letters of credit in an amount up to the aggregate availability under the facility, subject to
meeting certain borrowing base conditions, with sub-limits of 10% of the total facility commitment
for swingline loans and 90% of the total facility commitment for letters of credit.</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The borrowing base at any time equals the lesser of
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the sum of (without duplication):</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the aggregate amount of unrestricted cash and qualified cash equivalents held in deposit
accounts or securities accounts that are subject to a control agreement and a
first priority lien, plus</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>85% of eligible accounts, plus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>85% of eligible unbilled accounts, plus</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>80% of eligible refinery hydrocarbon inventory (subject to increase on the basis of a fixed
charge coverage ratio test), plus</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the lesser of (i)&nbsp;80% of the eligible exchange agreement positive balance and (ii)
$10.0&nbsp;million, plus</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>prior to the disposition of the fertilizer business of certain Credit Parties, the lesser of (i)&nbsp;65%
of eligible fertilizer inventory and (ii) $10&nbsp;million or, if an appraisal has been
provided within the six months prior to any such date of determination, 85% of such
appraised net orderly liquidation value of all eligible fertilizer inventory, plus</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>80% of eligible in-transit crude oil, plus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>100% of the value of paid but unexpired standby letters of credit, minus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the aggregate amount of reserves then established; and&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the borrowing base as defined the indentures governing the notes and the existing second
lien notes of Resources and Finance, in an amount equal to (i)&nbsp;90% of all accounts
receivables and (ii)&nbsp;85% of the book value of all inventory.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All borrowings under the ABL Credit Facility are subject to the satisfaction of customary
conditions, including absence of a default and accuracy of representations and warranties.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Interest Rate and Fees</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loans under the ABL Credit Facility currently bear interest at an annual rate equal to,
at the Borrowers&#146; option, (i)&nbsp;2.75% plus LIBOR or (ii)&nbsp;1.75% plus a base rate.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Borrowers must also pay a commitment fee to the lenders under the ABL Credit Facility
equal to: (i)&nbsp;0.375% per annum if utilization under the facility is equal to or greater than 66% of
the total commitments, (ii)&nbsp;0.50% per annum if utilization under the facility is equal to or
greater than 33% but less
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">than 66.0% of the total commitments, and (ii)&nbsp;0.625% per annum if
utilization under the facility is less than 33.0% of the total commitments. The Borrowers must also
pay customary letter of credit fees equal to the applicable margin on LIBOR loans on the maximum
amount available to be drawn under, and customary facing fees equal to 0.125% of the face amount
of, each letter of credit.</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Mandatory and Voluntary Repayments</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Borrowers are required to repay amounts outstanding under the ABL Credit Facility
under specified circumstances, including with the proceeds of certain asset sales. In addition, the
Borrowers are permitted to voluntarily prepay amounts outstanding under the ABL Credit Facility at
any time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Amortization and Final Maturity</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There is no scheduled amortization under the ABL Credit Facility. All outstanding loans
under the facility are due and payable in full on August&nbsp;22, 2015.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Guarantees and Security</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The obligations under the ABL Credit Facility and related guarantees are secured by a
first priority security interest in
substantially all of Resources&#146;s and Finance&#146;s and the guarantors&#146; inventory and accounts and a second priority security
interest in substantially all of the Credit Parties&#146; other assets, in each case subject to
Permitted Liens, other exceptions and the intercreditor agreements.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Restrictive Covenants and Other Matters</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The ABL Credit Facility requires Resources in certain circumstances to comply with a
minimum fixed charge coverage ratio test, and contains other restrictive covenants that limit
Resources&#146;s ability and the ability of its subsidiaries to, among other things, incur liens, engage
in a consolidation, merger, purchase or sale of assets, pay dividends, incur indebtedness, make
advances, investment and loans, enter into affiliate transactions, issue equity interests, or
create subsidiaries and unrestricted subsidiaries. We were in compliance with the covenants of the
ABL Credit Facility as of September&nbsp;30, 2011.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The ABL Credit Facility contains certain customary representations and warranties, affirmative
covenants and events of default.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The description of the ABL Credit Facility above is qualified in its entirety by
reference to the full text of the Incremental Commitment Agreement and the Existing ABL Credit Facility.
The Incremental Commitment Agreement is  attached hereto as Exhibit&nbsp;10.1 and the ABL Credit Facility was attached to the Company&#146;s Current Report on Form 8-K
dated February&nbsp;28, 2011 as Exhibit&nbsp;1.1. Both are incorporated herein by
reference.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<!-- link1 "Item&nbsp;8.01. Other Events" -->
<DIV align="left"><A NAME="Y93739003"></A></DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;8.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Other Events</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
December&nbsp;15, 2011, the Company issued a press release announcing
the closing of the Acquisition, the closing of the Incremental
Commitment Agreement and that its wholly-owned
subsidiaries, Resources and Finance, have completed the private
offering of $200 million aggregate principal amount of their 9% First
Lien Senior Secured Notes due 2015. The full text of the press release is attached
hereto as Exhibit&nbsp;99.1 and is incorporated herein by reference.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
information filed in this Report pursuant to Item&nbsp;8.01, including the information
contained in Exhibit&nbsp;99.1, is neither an offer to sell nor a solicitation of an offer to buy any
security and will not constitute an offer, solicitation or sale in any jurisdiction in which such
offering would be unlawful.
</DIV>
<!-- link1 "Item&nbsp;9.01. Financial Statements and Exhibits" -->
<DIV align="left"><A NAME="Y93739004"></A></DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;9.01.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Financial Statements and Exhibits</B></TD>
</TR>
</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(d)&nbsp;Exhibits.</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.1* </TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Stock Purchase and Sale Agreement, dated November&nbsp;2, 2011, by and among The Gary-Williams
Company, Inc., GWEC Holding Company, Inc., Gary-Williams Energy Corporation, CVR Energy, Inc.
and Coffeyville Resources, LLC.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Incremental Commitment Agreement, dated December&nbsp;15, 2011, by and between Coffeyville
Resources, LLC, Coffeyville Resources Refining &#038; Marketing, LLC,
Coffeyville Resources Pipeline, LLC, Coffeyville Resources Crude Transportation, LLC,
Coffeyville Resources Terminal, LLC, Gary-Williams Energy Corporation, Wynnewood
Refining Company, as borrowers, Coffeyville Nitrogen Fertilizers, Inc., CL JV Holdings,
LLC, Coffeyville Refining &#038; Marketing, Inc., Coffeyville Terminal, Inc., Coffeyville
Pipeline, Inc., Coffeyville Crude Transportation, Inc., Coffeyville Finance Inc. and
CVR GP, LLC, as guarantors, Deutsche Bank Trust Company Americas and the lenders named
therein, as incremental lenders, and Deutsche Bank Trust Company Americas, as
administrative agent.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>ABL Credit Agreement, dated as of February&nbsp;22, 2011, among Coffeyville Resources, LLC,
Coffeyville Resources Refining &#038; Marketing, LLC, Coffeyville</TD>
</TR>


</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Resources Nitrogen Fertilizers,
LLC, Coffeyville Resources Pipeline, LLC, Coffeyville Resources Crude Transportation, LLC and
Coffeyville Resources Terminal, LLC, the Holdings Companies (as defined therein), the
Subsidiary Guarantors (as defined therein), certain other Subsidiaries of the Holding
Companies or Coffeyville Resources, LLC from time to time party thereto, the lenders from time
to time party thereto, Deutsche Bank Trust Company Americas, JPMorgan Chase Bank, N.A. and
Wells Fargo Capital Finance, LLC, as Co-ABL Collateral Agents, and Deutsche Bank Trust Company
Americas, as Administrative Agent and Collateral Agent (filed as Exhibit&nbsp;1.1 to CVR Energy,
Inc.&#146;s Current Report on Form 8-K dated February&nbsp;28, 2011 (File No.&nbsp;001-33492) and
incorporated herein by reference).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">10.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Indenture, dated as of April 6, 2010, among Coffeyville Resources, LLC, Coffeyville Finance Inc., the guarantors
named therein and Wells Fargo Bank, National Association, as Trustee (filed as Exhibit 1.1 to CVR Energy, Inc.&#146;s Current Report on Form  8-K
dated April 12, 2010 (File No. 001-33492) and incorporated herein by
reference).</TD>
</TR>





<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Press release, dated December&nbsp;15, 2011, issued by CVR Energy, Inc.</TD>
</TR>



<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">99.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unaudited pro forma condensed consolidated financial statements as of and for the nine months
ended September&nbsp;30, 2011 and for the year ended December&nbsp;31, 2010.</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Exhibits and schedules omitted pursuant to Item&nbsp;601(b)(2) of Regulation&nbsp;S-K. The Company agrees
to furnish supplementally a copy of any omitted exhibit or schedule to the Securities and Exchange
Commission upon request.</TD>
</TR>

<TR style="font-size: 3pt">
<TD>&nbsp;</TD>
</TR>

<TR valign="top">
    <TD colspan="3">PLEASE NOTE: Pursuant to the rules and regulations of the Securities and
Exchange Commission, we have filed or incorporated by reference the agreements
referenced above as exhibits to this Current Report on Form 8-K. The agreements
have been filed to provide investors with information regarding their respective
terms. The agreements are not intended to provide any other factual information
about the Company or GWEC or their businesses or operations. In particular, the
assertions embodied in any representations, warranties and covenants contained in
the agreements may be subject to qualifications with respect to knowledge and
materiality different from those applicable to investors and may be qualified by
information in confidential disclosure schedules not included with the exhibits.
These disclosure schedules may contain information that modifies, qualifies and
creates exceptions to the representations, warranties and covenants set forth in
the agreements. Moreover, certain representations, warranties and covenants in
the agreements may have been used for the purpose of allocating risk between the
parties, rather than establishing matters as facts. In addition, information
concerning the subject matter of the representations, warranties and covenants
may have changed after the date of the respective agreement, which subsequent
information may or may not be fully reflected in the Company&#146;s public
disclosures. Accordingly, investors should not rely on the representations,
warranties and covenants in the agreements as characterizations of the actual
state of facts about the Company or GWEC or their business or operations on the
date hereof.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">





<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="Y93739005"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Date:
December&nbsp;16, 2011
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">CVR ENERGY, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Edward A. Morgan
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Edward A. Morgan&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chief Financial Officer and Treasurer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



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<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>y93739aexv2w1.htm
<DESCRIPTION>EX-2.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv2w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Exhibit&nbsp;2.1
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>STOCK PURCHASE AND SALE AGREEMENT</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>By and Among</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>The Gary-Williams Company,</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>GWEC Holding Company, Inc.,</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Gary-Williams Energy Corporation,</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>CVR Energy, Inc.</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>and</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Coffeyville Resources, LLC</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Dated November&nbsp;2, 2011</B>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>STOCK PURCHASE AND SALE AGREEMENT<BR>
TABLE OF CONTENTS</B>
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Page</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 1 DEFINITIONS, INTERPRETATIONS AND EXHIBITS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;1.1 Certain Definitions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;1.2 Interpretation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 2 PURCHASE AND SALE; DEPOSIT; CLOSING</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;2.1 Purchase and Sale</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;2.2 Purchase Price</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;2.3 Purchase Price Deposit</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;2.4 Term Loan Agreement, Revolving Loan Agreement and Company Airplane Debt</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;2.5 Payment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;2.6 Escrow Agreement</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;2.7 Estimates and Post-Closing Adjustment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">17</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;2.8 Income Tax Treatment of the Sale; Allocation of Purchase Price</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 3 REPRESENTATIONS AND WARRANTIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;3.1 Buyer&#146;s Representations and Warranties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;3.2 Seller&#146;s and the Company&#146;s Representations and Warranties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 4 COVENANTS AND AGREEMENTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;4.1 Covenants and Agreements of Buyer</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">40</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;4.2 Covenants and Agreements of Seller and the Company</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">44</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;4.3 Joint Covenants and Agreements</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">51</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 5 CONDITIONS PRECEDENT TO THE CLOSING</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">57</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;5.1 Conditions Precedent to Each Party&#146;s Obligations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">57</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;5.2 Conditions Precedent to Seller&#146;s Obligations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">57</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;5.3 Conditions Precedent to Buyer&#146;s Obligations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">57</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 6 PRE-CLOSING TRANSACTIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">58</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;6.1 Pre-Closing Transactions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">58</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->i<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 7 CLOSING</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">59</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;7.1 Closing Date</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">59</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;7.2 Deliveries at Closing</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">59</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;7.3 Simultaneous Closing</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 8 POST-CLOSING OBLIGATIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;8.1 Further Assurances</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;8.2 Cooperation Regarding Pre-Closing Transactions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;8.3 Seller Funds.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 9 INDEMNIFICATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">62</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.1 Survival of Representations, Warranties, Covenants and Agreements</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">62</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.2 Indemnification by Seller</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">62</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.3 Indemnification by Buyer</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">63</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.4 Limits on Indemnification</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">63</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.5 Exclusive Buyer Remedy</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.6 No Waiver of Contractual Representations and Warranties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.7 Direct Claims</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.8 Third-Party Claims</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">64</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;9.9 Adjustment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">66</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 10 TAX MATTERS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">66</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.1 Tax Returns</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">66</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.2 Tax Contests</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.3 Other Taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.4 Tax Elections</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">67</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.5 Transactional Taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.6 Notice</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.7 Cooperation</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.8 Tax Refunds</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.9 Tax Sharing Agreements</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.10 Income Tax Treatment of the Sale; Allocation of Purchase Price</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.11 Tax Indemnification</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">69</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.12 Tax Benefit.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">69</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->ii<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.13 Deductions</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">69</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;10.14 Miscellaneous</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 11 TERMINATION AND SPECIFIC PERFORMANCE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;11.1 Specific Performance</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;11.2 Remedies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;11.3 Termination of Agreement</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;11.4 Effect of Termination</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">71</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">ARTICLE 12 MISCELLANEOUS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">72</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.1 Exclusivity of Representations and Warranties</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">72</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.2 Environmental Matters</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">73</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.3 No Third-Party Beneficiaries</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">74</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.4 Entire Agreement</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">74</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.5 Succession and Assignment</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">74</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.6 Counterparts</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">74</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.7 Notices</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">74</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.8 Severability</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">75</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.9 Governing Law</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">76</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.10 Consent to Jurisdiction</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">76</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.11 Waiver of Jury Trial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">76</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.12 Incorporation of Exhibits and Disclosure Schedules</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">77</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.13 Amendments</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">77</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.14 Expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">77</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.15 Drafting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">78</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.16 No Waiver</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">78</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Section&nbsp;12.17 Guaranty</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">78</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->iii<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBITS</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="13%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">EXHIBIT A
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Escrow Agreement</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">EXHIBIT B
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Working Capital Adjustment Concepts</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">EXHIBIT C
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Capital Expenditures</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">EXHIBIT D
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Transition Services Agreement</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="5" valign="top" align="center"><B>SCHEDULES</B><BR></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(d)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Conflicts</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(e)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Contract Conflicts</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(f)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consents</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(g)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Capitalization</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(h)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Liens on Company Shares</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(j)(i)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Financial Statements</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(k)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Indebtedness</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(l)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Real Property</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(m)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title and Condition of Assets</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(o)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Intellectual Property</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(p)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Material Contracts</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(q)(i)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Known Employment Policy Issues</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(q)(iii)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Other Known Labor Issues</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(q)(v)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Employment Investigations</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(r)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Litigation</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(s)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Environmental Compliance</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(t)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Disputed Tax Matters</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(u)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Changes and Events</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(v)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Compliance with Laws</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(x)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Insurance Policies</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(y)(A)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Employee Benefit Plans</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(y)(B)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2011 Performance Based Plan Participants</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(y)(vi)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Payments to Employees and Directors</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(z) <br>
SCHEDULE 3.2(aa) <br>
SCHEDULE 3.2(bb)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Otherwise Undisclosed Liabilities<BR>
Brokers&#146; Fees<BR>
Transactions with Related Persons</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(cc)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bank Accounts and Powers of Attorney</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(dd)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title Policies</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(ee)(i)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Government Contracts</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(ee)(ii)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Compliance with Government Contracts</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(ee)(iii)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Government Contract Issues</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(gg)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Gary-Williams Retail Solutions, Inc.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 3.2(hh)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Capital Expenditures</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 4.1(e)(i)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Seller Guarantees</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 4.2(b)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Transactions Out of Ordinary Course</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SCHEDULE 9.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#151;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Specific Indemnification Matters</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->iv<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>STOCK PURCHASE AND SALE AGREEMENT</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This <B>STOCK PURCHASE AND SALE AGREEMENT </B>(this &#147;<U>Agreement</U>&#148;) is entered into on November
2, 2011 (the &#147;<U>Signing Date</U>&#148;), by and among The Gary-Williams Company, Inc., a Delaware
corporation (&#147;<U>Seller Parent</U>&#148;), GWEC Holding Company, Inc., a Delaware corporation
(&#147;<U>Seller</U>&#148;), Gary-Williams Energy Corporation, a Delaware corporation (the
&#147;<U>Company</U>&#148;), CVR Energy, Inc., a Delaware corporation (&#147;<U>Buyer Parent</U>&#148;), and
Coffeyville Resources, LLC, a Delaware limited liability company (&#147;<U>Buyer</U>&#148;). Seller, Buyer,
Seller Parent, Buyer Parent and the Company are each individually referred to herein as a
&#147;<U>Party</U>&#148; and collectively as the &#147;<U>Parties</U>.&#148;
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>RECITALS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, Seller owns ninety-six thousand, nine hundred shares of class A voting common stock,
par value $0.01 per share, of the Company (the &#147;<U>Company Shares</U>&#148;), which represent 100% of
the issued and outstanding shares of the capital stock of the Company; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, Buyer desires to purchase from Seller, and Seller desires to sell to Buyer, all of
the Company Shares upon the terms and conditions set forth in this Agreement.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AGREEMENT</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>NOW, THEREFORE</B>, in consideration of the mutual promises contained herein, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
Parties hereby agree as follows:
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 1<BR>
DEFINITIONS, INTERPRETATIONS AND EXHIBITS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Section&nbsp;1.1 Certain Definitions</B>. As used in this Agreement, these words or expressions have the following meanings:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>2011 Performance Based Plan</U>&#148; means the Wynnewood Refining Company Salaried
(Non-Union) Employee 2011 Bonus Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Action</U>&#148; means any action, suit, claim, cross-claim, third-party claim, proceeding,
indictment, investigation, judicial or administrative proceeding, grievance or arbitration brought
or heard by or before a Governmental Authority.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Affiliate</U>&#148; means, with respect to any Person, any other Person that Controls, is
Controlled by, or is under common Control with the first such Person.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Agreement</U>&#148; has the meaning given in the introductory paragraph of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Allocation Schedule</U>&#148; shall have the meaning set forth in <U>Section&nbsp;10.10</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Ancillary Documents</U>&#148; means the Transition Services Agreement, the Escrow Agreement
and the other documents, agreements, instruments or certificates being executed and
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">delivered in
connection herewith or therewith and the transactions contemplated hereby and thereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Antitrust Laws</U>&#148; shall mean the Sherman Antitrust Act of 1890, 15 U.S.C. &#167;&#167; 1 <I>et.
seq</I>., the Clayton Antitrust Act of 1914, 15 U.S.C. &#167;&#167; 12 <I>et. seq</I>., the HSR Act, the Federal Trade
Commission Act of 1914, 15 U.S.C. &#167;&#167; 41 <I>et. seq</I>., and all other federal, state and local statutes,
rules, regulations, orders, decrees, administrative and judicial doctrines, and other Laws that are
designed or intended to prohibit, restrict or regulate actions having the purpose or effect of
monopolization or restraint of trade.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Authorized Capex</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(a)(ii)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Business Day</U>&#148; means a day other than Saturday or Sunday or any other day on which
commercial banks are authorized or required by Law to be closed for business in New York City, New
York.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Buyer</U>&#148; shall have the meaning set forth in the introductory paragraph of this
Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Buyer Benefit Plans</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.1(d)(iv)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Buyer Indemnified Parties</U>&#148; shall have the meaning set forth in <U>Section&nbsp;9.2</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Buyer Obligations</U>&#148; shall have the meaning set forth in <U>Section&nbsp;12.17(b)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Buyer Parent</U>&#148; shall have the meaning set forth in the introductory paragraph of this
Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Buyer Parent Guaranty</U>&#148; shall have the meaning set forth in <U>Section&nbsp;12.17(b)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Buyer Tax Return</U>&#148; shall have the meaning set forth in <U>Section&nbsp;10.1(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Cap Amount</U>&#148; shall have the meaning set forth in <U>Section&nbsp;9.4(b)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Capex Adjustment Amount</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Capital Expenditures</U>&#148; means capital expenditures as determined in accordance with
GAAP.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing</U>&#148; shall have the meaning set forth in <U>Section&nbsp;7.1</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing Date</U>&#148; shall have the meaning set forth in <U>Section&nbsp;7.1</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing Date Payment Amount</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.5</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing Statement</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Code</U>&#148; means the Internal Revenue Code of 1986.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Commitment Letter</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.1(h)</U>.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company</U>&#148; shall have the meaning set forth in the introductory paragraph of this
Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Airplane</U>&#148; means the 2003 Cessna Model 560, Serial Number 560-0641,
Registration N67GW, which is currently owned by the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Airplane Debt</U>&#148; means any amounts owed pursuant to the Promissory Note and
Aircraft Security Agreement, dated February&nbsp;15, 2007, and all notes, guarantees, security
agreements and related documentation executed and delivered by the Company or any of its
Subsidiaries in connection therewith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Disclosure Schedule</U>&#148; shall mean the Disclosure Schedule delivered in
connection herewith. Any disclosure contained in one section of the Company Disclosure Schedule
will be deemed to be disclosed in all sections of the Company Disclosure Schedule to the extent its
relevance to such other sections is readily apparent.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Guarantees</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.2(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Intellectual Property</U>&#148; shall have the meaning set forth in <U>Section
3.2(o)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Permits</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(w)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Properties</U>&#148; means all of the assets, rights, properties, sites and facilities
owned, operated, leased, occupied or used by the Company or its Subsidiaries at any time, including
the refinery, storage facilities and related pipelines of the Company and its Subsidiaries.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Company Shares</U>&#148; has the meaning given in the Recitals.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Confirmation Letter</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.4(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Contingent Worker</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(y)(ix)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Continuing Employees</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.1(d)(ii)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Contract</U>&#148; means any written, oral or other agreement, contract, subcontract, lease,
understanding, instrument, note, warranty, insurance policy, benefit plan or legally binding
commitment or undertaking of any nature, whether oral or written.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Control</U>&#148; means the direct or indirect power affirmatively to direct the management
and policies of a Person, whether through the ownership of voting securities, by agreement or
otherwise. &#147;Controls,&#148; &#147;Controlled&#148; and &#147;Controlling&#148; shall have corresponding meanings.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Cost of Compliance</U>&#148; means all costs, Capital Expenditures, fees and expenditures of
any kind associated with attaining or maintaining compliance with any Environmental Law and all
costs, fees and expenditures of any kind required to obtain, renew or otherwise maintain any
Environmental Permits, including Permits required to settle or resolve any alleged violation
of any Environmental Law.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Creditor</U>&#148; and &#147;<U>Creditors</U>&#148; shall have the meanings set forth in <U>Section
2.4(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Data Room</U>&#148; means the information posted by Seller and made available to Buyer via the
virtual data room titled &#147;Project Gold&#148; hosted by IntraLinks at
<U>https://services.intralinks.com/</U> on the date that is two (2)&nbsp;days prior to the date hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Debt Financing</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.1(h)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Debt Financing Sources</U>&#148; shall have the meaning set forth in <U>Section&nbsp;12.3</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>De Minimis Threshold</U>&#148; shall have the meaning set forth in <U>Section&nbsp;9.4(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Disputed Matter</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Employee Benefit Plan</U>&#148; means any (a) &#147;employee benefit plan,&#148; as such term is defined
in Section&nbsp;3(3) of ERISA, or (b)&nbsp;employment, consulting, retention, change in control, severance,
sick leave, vacation pay, salary continuation for disability, retirement benefits, deferred
compensation, bonus pay, incentive pay, stock options, equity participation, hospitalization
insurance, medical insurance, life insurance, scholarship or tuition reimbursement plans, programs,
arrangements or agreements (y)&nbsp;pursuant to which the Company or any of its Subsidiaries have or
could have any Liability, or (z)&nbsp;maintained by an Affiliate of the Company and in which any current
or former employee of the Company or any of its Subsidiaries are entitled to participate, other
than any plan, program, arrangement or agreement pursuant to which severance or retention benefits
are offered to Transferred Company Employees by Seller or any of its Affiliates.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>End Date</U>&#148; shall have the meaning set forth in <U>Section&nbsp;11.3(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Environment</U>&#148; means water, air, land, plants, humans and other animals living therein
or thereon, including surface water, ground water, drinking water, surface or subsurface land
strata, ambient air, and any natural resources (including fish, wildlife, and biota) therein or
thereon, and improvements including sewers, septic systems, publicly owned treatment works, storm
drains, waste treatment, storage or disposal systems or similar structures or systems that act as
conduits to the Environment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Environmental Conditions</U>&#148; means (i)&nbsp;the presence of any Hazardous Substance in or on
the Company Properties; (ii)&nbsp;any Release or threat of Release of Hazardous Substances into the
Environment from, on, or about the Company Properties; or (iii)&nbsp;any adverse effect on human health,
safety or the Environment arising from any Release or threatened Release of Hazardous Substances
from the Company Properties or from the Company&#146;s operations Offsite, or from Hazardous Substances
that the Company Released, treated, transported, stored, disposed of or arranged for the disposal
of Offsite.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Environmental Laws</U>&#148; means any Laws (including the Comprehensive Environmental
Response, Compensation and Liability Act of 1980, 42 U.S.C. &#167;&#167; 9601 et. seq. (&#147;<U>CERCLA</U>&#148;);
the Emergency Planning and Community Right-to-Know Act of 1986, 42 U.S.C. &#167; 11001, et seq.;
the Superfund Amendments and Reauthorization Act of 1986, Pub. L. 99-499, 100 Stat. 1613; the
Resource Conservation and Recovery Act of 1976, 42 U.S.C. &#167;&#167; 6901, et. seq.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(&#147;<U>RCRA</U>&#148;); the
Hazardous and Solid Waste Amendments of 1984, 43 U.S.C. &#167; 6901, et seq.; the Hazardous Materials
Transportation Act, 49 U.S.C. &#167; 5101, et seq.; the Clean Air Act, 42 U.S.C. &#167; 7401; the Federal
Water Pollution Control Act, 33 U.S.C. &#167;&#167; 1251 et. seq.; the Oil Pollution Act, 33 U.S.C. &#167; 2701
et. seq.; the Occupational Safety and Health Act, 29 U.S.C. &#167;&#167; 651 et. seq.; the Safe Drinking
Water Act, 42 U.S.C. &#167;&#167; 300f et. seq.; and the Toxic Substances Control Act, 15 U.S.C. &#167;&#167; 2601 et.
seq., and any federal, state and local Laws implementing or comparable to the foregoing, as the
same may be amended or supplemented from time to time), pertaining to: (1)&nbsp;pollution, protection,
preservation or restoration of the Environment, (2)&nbsp;Releases or threatened Releases of Hazardous
Substances into the Environment, (3)&nbsp;the use, storage, treatment, handling, distribution,
transportation, or disposal of Hazardous Substances, (4)&nbsp;the exposure of any Person or property to
Hazardous Substances; and/or (5)&nbsp;the preservation or protection of human health, safety or welfare.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Environmental Liabilities</U>&#148; means any and all Liabilities or Losses arising under
Environmental Laws.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Environmental Permits</U>&#148; means all Permits issued pursuant to, arising under, based
upon or pertaining to Environmental Laws.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Equity Securities</U>&#148; of any Person means any and all shares of capital stock, rights to
purchase shares of capital stock, warrants or options (whether or not currently exercisable),
participations or other equivalents of or interests in (however designated) the equity (including
common stock, preferred stock, phantom interests, and limited liability company, partnership and
joint venture interests) of such Person, and all securities exchangeable for or convertible or
exercisable into, any of the foregoing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>ERISA</U>&#148; means the Employee Retirement Income Security Act of 1974, Pub. L. 93-406, 88
Stat. 829, and the rules and regulations promulgated thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>ERISA Affiliate</U>&#148; shall have the meaning set forth <U>in Section&nbsp;3.2(y)(iv)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Escrow Account</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.6(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Escrow Account Termination Date</U>&#148; shall have the meaning set forth in <U>Section
2.6(b)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Escrow Agent</U>&#148; means Deutsche Bank Trust Company Americas or such other escrow agent
reasonably acceptable to Buyer and Seller.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Escrow Agreement</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.6(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Escrow Amount</U>&#148; means $10,500,000.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Estimated Capex Adjustment Amount</U>&#148; shall have the meaning set forth in <U>Section
2.7(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Estimated Working Capital</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(a)</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>FAR</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(ee)(ii)</U>.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Final Capex Adjustment Amount</U>&#148; shall have the meaning set forth in <U>Section
2.7(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Final Statement</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Final Working Capital Amount</U>&#148; shall have the meaning set forth in <U>Section
2.7(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Financial Statements</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(j)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Fundamental Representations</U>&#148; shall have the meaning set forth in <U>Section
5.3(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>GAAP</U>&#148; means United States generally accepted accounting principles as in effect and
as may be updated from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Gary-Williams Retail Solutions, Inc.</U>&#148; means Gary-Williams Retail Solutions, Inc., a
Delaware corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Gary-Williams Retail Transfer</U>&#148; shall have the meaning set forth in <U>Section
6.1(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Government Bid</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(ee)(i)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Government Contract</U>&#148; shall mean, with respect to or related to the businesses or
operations of the Company and its Subsidiaries, (i)&nbsp;any prime contract, subcontract, basic ordering
agreement, letter contract, purchase order, delivery order, task order, teaming agreement,
cooperative agreement, grant, loan or other Contract, or a legally binding commitment thereunder or
relating thereto between the Company or any of its Subsidiaries and any Governmental Authority and
(ii)&nbsp;all bids and proposals made by the Company or any of its Subsidiaries which, if accepted,
would lead to the foregoing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Governmental Authority</U>&#148; means any national, federal, regional, state, local or other
governmental agency, regulatory body, instrumentality, court, tribunal, arbitrator, authority,
agency, commission, official or other instrumentality of the United States or other country or of
any state, county, city or other political subdivision having governmental or quasi-governmental
powers or any body entitled to exercise, any administrative, executive, judicial, legislative,
police, or regulatory power of any nature.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>GWEC Denver Equipment</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.3(d)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Hazardous Substance</U>&#148; means (a)&nbsp;any &#147;hazardous substance,&#148; as defined by CERCLA, (b)
any &#147;hazardous waste,&#148; as defined by RCRA, or (c)&nbsp;any pollutant or contaminant or hazardous,
dangerous or toxic chemical, material or substance including, but not limited to any pollutants,
contaminants, chemicals or toxic, hazardous, dangerous or radioactive substances, materials or
wastes that are regulated under Environmental Laws (including, asbestos, buried contaminants,
regulated chemicals, flammable explosives, radioactive materials, polychlorinated biphenyls,
petroleum and petroleum products and byproducts).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Hedging Contracts</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(k)</U>.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>HSR Act</U>&#148; means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, 15 U.S.C. &#167;
18 <I>et. seq. </I>and the rules and regulations promulgated thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Income Tax Return</U>&#148; means any Tax Return with respect to an Income Tax.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Income Tax</U>&#148; means any Tax imposed on or measured by net income, profits, gains or
similar items (including U.S. federal income tax).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Indebtedness</U>&#148; means (a)&nbsp;all indebtedness for the repayment of borrowed money, whether
or not represented by bonds, debentures, notes or similar instruments, (b)&nbsp;all other indebtedness
and obligations evidenced by bonds, debentures, notes or similar instruments, under loan
agreements, security agreements, mortgages, deeds of trust, hedging agreements or letter of credit
reimbursement agreements, (c)&nbsp;other commitments or obligations to assure against loss (including
contingent reimbursement obligations with respect to letters of credit, bankers&#146; acceptances or
similar instruments), (d)&nbsp;commitments (contingent or otherwise) to pay deferred purchase amounts
for property or services, including all notes, earn-out payments, purchase price adjustment
payments and non-competition payments, (e)&nbsp;guarantees or similar contingent liabilities with
respect to any indebtedness, obligation, claim or liability of any other Person, and (f)&nbsp;all
obligations as lessee under leases that are required to be recorded as capital leases in accordance
with GAAP, assuming termination thereof, including, in each applicable case, all accrued and unpaid
interest thereon.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Indemnification Threshold</U>&#148; shall have the meaning set forth in <U>Section
9.4(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Indemnified Parties</U>&#148; shall have the meaning set forth in <U>Section&nbsp;9.3</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Indemnified Persons</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.1(c)(i)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Indemnifying Party</U>&#148; shall have the meaning set forth in <U>Section&nbsp;9.4(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Interim Balance Sheet</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(j)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Inventory</U>&#148; means all crude oil, feed stock, natural gasoline, natural gas liquids or
other hydrocarbon inventory (including, without limitation, in process and finished products), all
consumable chemicals, miscellaneous chemicals, precious metals, all inventories of precious metal
catalysts, and additives, in each case that are owned by the Company and its Subsidiaries and used
in, processed by, consumed in, or produced in connection with the business of the Company and its
Subsidiaries, wherever located, including any such items in transit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>IRS</U>&#148; means the U.S. Internal Revenue Service.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Knowledge</U>&#148; means, with respect to any entity other than Seller or the Company, the
actual knowledge, and not the constructive knowledge, of an executive officer or director or other
similar senior representative of the entity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to Seller or the Company, &#147;<U>Knowledge</U>&#148; means the actual knowledge, and not
the constructive knowledge, of any of Sally Allen, Dave Younggren, Wayne Leiker, Darin Rains, Paul
Rosswork and Ronald Williams; and, solely for the purposes of <U>Section&nbsp;3.2(s)</U>
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(<I>Environmental
Compliance</I>), &#147;Knowledge&#148; shall also include Sidney Cabbiness, Joe Ballard and Don McGlothlin; and,
solely for purposes of <U>Section&nbsp;3.2(t)</U> (<I>Tax Matters</I>), &#147;Knowledge&#148; shall also include Sally
Young; and, solely for the purposes of <U>Sections&nbsp;3.2(p)</U> (<I>Material Contracts</I>) and
<U>3.2(ee)</U>(<I>Government Contracts</I>), &#147;Knowledge&#148; shall also include Phil Waters and Don Hamilton;
<U>provided</U>, <U>however</U>, the term &#147;<U>Knowledge</U>&#148; with respect to Seller or the
Company shall not include the actual knowledge of such individuals to the extent such knowledge is
a result of information disclosed to such individuals by Buyer after the date hereof and prior to
the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Labor Agreement</U>&#148; means the Agreement between Wynnewood Refining Company, Wynnewood,
Oklahoma and the International Union of Operating Engineers AFL-CIO and its Local 351 with respect
to Represented Employees.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Laws</U>&#148; means all laws, rules, regulations, ordinances, Orders, judgments and decrees
imposed or implemented by a Governmental Authority, including the FAR and all federal, state and
local government contractor equal opportunity and affirmative action obligations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Liability</U>&#148; means any liability or obligation, whether known or unknown, asserted or
unasserted, absolute or contingent, accrued or unaccrued, liquidated or unliquidated and whether
due or to become due, regardless of when asserted.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Liens</U>&#148; means liens, claims, pledges, rights of third-parties, voting agreements,
voting trusts, proxy agreements, leases, licenses, security interests, mortgages, any other
possessory interests, conditional sale or other title retention agreements, assessments, easements,
rights of way, covenants, restrictions, rights of first refusal, encroachments or other burdens,
options or encumbrances of any kind.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Losses</U>&#148; means any damages, losses, claims, Liabilities, demands, charges, Actions,
penalties, costs and expenses (including court costs and reasonable attorneys&#146; fees and expenses
incurred in investigating, preparing for and conducting any litigation or proceeding).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Marketing Period</U>&#148; means the first period of thirteen (13)&nbsp;consecutive Business Days
(ending on or after January&nbsp;20, 2012) throughout and at the end of which (A)&nbsp;Buyer shall have (1)
the financial statements required to be delivered pursuant to <U>Section&nbsp;4.3(e)(i)(D)</U> and (2)
Required Comfort Information and (B)&nbsp;the conditions set forth in <U>Section&nbsp;5.1</U> and
<U>Section&nbsp;5.3</U> (other than <U>Section&nbsp;5.3(e)</U>) shall have been satisfied or waived (other
than conditions that by their nature can only be satisfied at the Closing) and nothing shall have
occurred and no condition shall exist that would cause any of the conditions set forth in
<U>Section&nbsp;5.3</U> (other than <U>Section&nbsp;5.3(e)</U>) to fail to be satisfied, assuming the
Closing were to be scheduled for any time during such thirteen (13)&nbsp;consecutive Business Day
period.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Material Adverse Effect</U>&#148; means, with respect to the Company, any result, occurrence,
condition, fact, change, violation, event, discovery of information, circumstance, state of facts
or effect that, individually or in the aggregate, (x)&nbsp;materially delays (except with respect to the
conditions to Closing set forth in <U>ARTICLE 5</U>) or prevents the ability of Seller Parent,
Seller, the
Company or its Subsidiaries to perform its obligations under this Agreement or any of the
Ancillary Documents or to consummate the transactions contemplated hereby or thereby, or (y)&nbsp;is
materially adverse to the financial condition, business, properties, assets, liabilities or results
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">of operations of the Company and its Subsidiaries taken as a whole, <U>provided</U>,
<U>however</U>, that in the case of clause (y), no Excluded Matter shall be taken into account in
determining whether there has been a Material Adverse Effect. &#147;<U>Excluded Matter</U>&#148; means any
one or more of the following, either alone or in combination with each other:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>changes in economic or political conditions or the financing, banking, currency
or capital markets in general;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>changes in Laws or interpretations thereof or changes in accounting
requirements or principles;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any change or effect that affects the oil and gas exploration and development,
transportation and/or refining industries generally (including changes in commodity
prices, general market prices and regulatory changes affecting such industries
generally);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(4)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>conduct by the Company or any of its Subsidiaries (i)&nbsp;in compliance with
<U>Section&nbsp;4.2(b)</U>, or (ii)&nbsp;prohibited under <U>Section&nbsp;4.2(b)</U> for which Buyer
gave its prior written consent;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(5)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any action required to be taken under any Law or order of a Governmental
Authority;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(6)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any existing Contract by which the Company or any of its Subsidiaries is bound;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(7)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>other than for purposes of the representations and warranties set forth in
<U>Section&nbsp;3.2(d)</U> (<I>No Conflict</I>), <U>Section&nbsp;3.2(e)</U> (<I>No Contract Conflict</I>),
<U>Section&nbsp;3.2(o)(ii)</U> (<I>Intellectual Property</I>), <U>Section&nbsp;3.2(y)</U> (<I>Employee
Benefit Plans</I>), and for purposes of the condition set forth in <U>Section&nbsp;5.3(a)</U>
to the extent that such condition relates to such representations and warranties, the
negotiation, announcement, execution, pendency or performance of this Agreement or the
transactions contemplated hereby, including losses or threatened losses of, or any
adverse change in the relationship with, employees, customers, suppliers, financing
sources, joint venture partners, licensors, licensees or others having relationships
with the Company or any of its Subsidiaries, except in the case of this clause (7), to
the extent resulting from the non-compliance with this Agreement by Seller, Seller
Parent, the Company or any of its Subsidiaries or resulting from any of the Pre-Closing
Transactions;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(8)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the outbreak or escalation of hostilities involving the United States, the
declaration by the United States of a national emergency or war or the occurrence of
any other calamity or crisis, including acts of terrorism;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(9)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>solely for the purposes of <U>Section&nbsp;5.3(a)(ii)</U>, any information, fact,
violation, occurrence, condition, change, event or effect that was included in the
information
contained in the Company Disclosure Schedules or contained in the Data Room, in each
case, to the extent (x)&nbsp;of the adverse nature of such information, fact, violation,
change, event or effect as of the date hereof (without regard to any</TD>
</TR>

</TABLE>
</DIV>
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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>subsequent
developments related thereto after the date hereof) and (y)&nbsp;such adverse nature is
readily apparent to a reasonable person as of the date hereof from the information
contained in (and the placement of such information) the Data Room; and</TD>
</TR>
<TR valign="bottom" style="font-size: 6pt"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(10)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any increase in the cost or reduction in availability of financing necessary
for the Buyer to consummate the transactions contemplated hereby;</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><U>provided</U>, that with respect to the matters covered by clauses (1), (2), (3), (5)&nbsp;and (8),
the results, occurrences, conditions, facts, changes, violations, events or effects arising from
such matters do not adversely affect the Company and its Subsidiaries, taken as a whole, in a
materially disproportionate manner relative to other participants in the refining industry.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Material Contracts</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(p)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Neutral Accountant</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Non-Disclosure Agreement</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.1(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Non-Income Tax Return</U>&#148; means any Tax Return other than an Income Tax Return.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Non-Income Taxes</U>&#148; means any Tax other than an Income Tax.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Non-Represented Employees</U>&#148; shall mean non-union employees of Wynnewood Refining or
the Company immediately prior to the Closing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Notice of Disagreement</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(c)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Offsite</U>&#148; means any location other than the Company Properties.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Order</U>&#148; means any judgment, decision, order, writ, charge, injunction, stipulation,
ruling, decree (unilateral or consent) or award by or of a Governmental Authority.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Party</U>&#148; and &#147;<U>Parties</U>&#148; shall have the meanings set forth in the introductory
paragraph of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Payoff Amount</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.4(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Payoff Letter</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.4(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Permitted Lien</U>&#148; means (i)&nbsp;Liens for Taxes not yet delinquent or that are being
contested in good faith through appropriate proceedings and for which there are adequate reserves
reflected on the books and records of the Company to the extent required by GAAP; (ii)&nbsp;inchoate
mechanics&#146; and materialmen&#146;s Liens for construction in progress and for which there are adequate
reserves reflected on the books and records of the Company to the extent required by
GAAP; (iii)&nbsp;workmen&#146;s, repairmen&#146;s, warehousemen&#146;s, landlord&#146;s and carriers&#146; Liens for which
there are adequate reserves reflected on the books and records of the Company to the extent
required by GAAP; (iv)&nbsp;imperfections of title and encumbrances that in the aggregate do not
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">materially interfere with the present use of the property subject thereto or affected thereby; and
(v)&nbsp;zoning, building and other applicable land use restrictions that are not violated by the
existing improvements or the use of the property subject thereto or affected thereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Permits</U>&#148; shall mean all registrations, licenses, permits, franchises, certificates,
waivers, approvals, authorizations, consents, decrees, qualifications, entitlements and Orders of
Governmental Authorities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Person</U>&#148; means an individual, a partnership, a limited liability company, a
corporation, an association, a joint stock company, a trust, a joint venture, an unincorporated
organization, or a governmental entity (or any department, agency or political subdivision
thereof).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Post-Closing Adjustment Amount</U>&#148; means the amount (which may be a positive or negative
number) equal to (i)&nbsp;the Final Working Capital Amount less the Estimated Working Capital Amount,
<U>plus</U> (ii)&nbsp;the Final Capex Adjustment Amount less the Estimated Capex Adjustment Amount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Post-Closing Statement</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(b)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Pre-Closing Straddle Period</U>&#148; means the portion through the end of the Closing Date of
any Straddle Period.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Pre-Closing Tax Period</U>&#148; means any Tax period ending on or before the Closing Date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Pre-Closing Transactions</U>&#148; shall have the meaning set forth in <U>Section&nbsp;6.1</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Pre-Closing Transaction Liabilities</U>&#148; means any obligation or Liability, including any
Liabilities for Taxes, of the Company or any of its Subsidiaries arising out of or relating to the
Pre-Closing Transactions or the ownership, operations, assets or Liabilities of Gary-Williams
Retail Solutions, Inc., and the Company Airplane.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Purchase Price</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.2</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Purchase Price Deposit</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.3</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>QSub</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(t)(vi)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Real Property</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(l)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Related Person</U>&#148; shall have the meaning set forth in <U>Section&nbsp;3.2(bb)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Release</U>&#148; means any emitting, spilling, seeping, leaking, escaping, leaching,
discharging, injecting, pumping, pouring, emptying, dumping, disposing or releasing of a Hazardous
Substance into or upon the Environment, or into or upon the Company Properties, or originating
from Company Properties, and including the abandonment or discarding of barrels, containers,
tanks or other receptacles containing or previously containing any Hazardous Substance.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Released Obligations</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.2(g)</U>.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Released Parties</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.2(g)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Releasing Parties</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.2(g)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Repayment Indebtedness</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.4(b)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Representatives</U>&#148; means, with respect to any Person, such Person&#146;s Affiliates and
their respective officers, directors, employees, shareholders, partners, members, agents, advisors
and representatives and the heirs, executors, successors or assigns of the foregoing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Represented Employees</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.1(d)(i)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Required Comfort Information</U>&#148; means drafts of customary &#147;comfort&#148; letters with
respect to the financial statements delivered pursuant to <U>Section&nbsp;4.3(e)(i)(D)</U> (including
&#147;negative assurance&#148; comfort) from the independent auditors of the Company and its Subsidiaries,
which such auditors are prepared to issue upon completion of customary procedures, each in form and
substance customary for high yield debt securities offerings.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Revolving Loan Agreement</U>&#148; means that certain Loan and Security Agreement, dated as of
November&nbsp;13, 2009, by and among Wynnewood Refining, the Company, Seller, the financial institutions
party thereto, as lenders, and Bank of America, N.A., as agent, as amended by that certain Letter
Agreement, dated as of December&nbsp;8, 2009, that certain Consent and First Amendment to Loan and
Security Agreement, dated as of February&nbsp;18, 2010, that certain Consent, Joinder and Second
Amendment to Loan and Security Agreement, dated as of April&nbsp;1, 2011, that certain Third Amendment
to Loan and Security Agreement, dated August&nbsp;19, 2011, and as further amended, modified or
supplemented from time to time, and all notes, guarantees, mortgages, security agreements and
related documentation executed and delivered by the Company or any of its Subsidiaries in
connection therewith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>SEC</U>&#148; shall mean the U.S. Securities and Exchange Commission.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Securities Act</U>&#148; means the Securities Act of 1933 and the rules and regulations
promulgated thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller</U>&#148; shall have the meaning set forth in the introductory paragraph of this
Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Affiliates</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.2(i)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Guarantees</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.1(e)(i)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Indemnified Parties</U>&#148; shall have the meaning set forth in <U>Section&nbsp;9.3</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Obligations</U>&#148; shall have the meaning set forth in <U>Section&nbsp;12.17(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Parent</U>&#148; shall have the meaning set forth in the introductory paragraph of this
Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Parent Guaranty</U>&#148; shall have the meaning set forth in <U>Section&nbsp;12.17(a)</U>.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Seller Tax Return</U>&#148; shall have the meaning set forth in <U>Section&nbsp;10.1(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Signing Date</U>&#148; has the meaning given in the introductory paragraph of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Straddle Period</U>&#148; means any Tax period that includes (but does not end on) the Closing
Date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Subsidiary</U>&#148; shall mean, with respect to any Person, any corporation or other Person,
whether incorporated or unincorporated, of which at least a majority of the securities or interests
having by the terms thereof ordinary voting power to elect at least a majority of the board of
directors or other similar governing body of such corporation or other Person is directly or
indirectly owned or Controlled by such Person or by any one or more of its Subsidiaries, or by such
Person and one or more of its Subsidiaries. Notwithstanding anything in this Agreement to the
contrary, no Person that is not Controlled by another Person shall be deemed to be a Subsidiary of
such other Person. With respect to the Company, &#147;Subsidiary&#148; shall not include Gary-Williams
Retail Solutions, Inc.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Tax Contest</U>&#148; shall have the meaning set forth in <U>Section&nbsp;10.2</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Tax Return</U>&#148; means any return, form, declaration, election, report, claim for refund,
information return or other document (including any related or supporting schedule, statement or
information) filed or required to be filed in connection with the determination, assessment,
collection, payment or refund of any Tax, including any amendment or supplement thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Taxes</U>&#148; means (a)&nbsp;all U.S., federal, national, state, provincial, municipal, local,
tribal and non-U.S. Taxes, including, without limitation, income, gross income, gross receipts,
production, excise, employment, sales, use, transfer, ad valorem, value added, profits, license,
capital stock, franchise, severance, stamp, withholding, Social Security, social insurance,
employment, unemployment, occupational, disability, worker&#146;s compensation, payroll, utility,
windfall profit, customs duties, personal property, real property, registration, alternative or
add-on minimum, estimated and other Taxes, duties, levies, fees or like charges of any kind
whatsoever, including any interest, penalties or additions thereto, whether disputed or not; (b)
any Liability to pay amounts due pursuant to clause (a)&nbsp;on behalf of another Person, including any
predecessor, under any contract, reimbursement or indemnity agreement, as transferee, successor or
otherwise; and (c)&nbsp;any Liability of any Person, including any predecessor, to pay amounts described
in clause (a)&nbsp;by reason of Liability imposed under Treasury Regulations Section&nbsp;1.1502-6 or any
similar provision imposing Liability by reason of participation in a consolidated, combined,
unitary or similar Tax Return or similar filing; and &#147;<U>Tax</U>&#148; means any one of them.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Term Loan Agreement</U>&#148; means that certain First Lien Term Loan Agreement, dated as of
November&nbsp;13, 2009, by and among Wynnewood Refining, the Company, Seller, the lenders from time to
time party to the agreement and Deutsche Bank Trust Company Americas, as Administrative Agent, as
amended by the First Amendment to Credit Agreement, dated as of
February&nbsp;12, 2010, and as further amended, modified or supplemented from time to time, and all
notes, guarantees, mortgages, security agreements and related documentation executed and delivered
by the Company or any of its Subsidiaries in connection therewith.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>TGWC Tax Group</U>&#148; means Seller Parent and its Subsidiaries (including, for the
avoidance of doubt, the Company and its Subsidiaries).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Third-Party Claim</U>&#148; shall have the meaning set forth in <U>Section&nbsp;9.8</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Title Insurance Policy</U>&#148; shall have the meaning set forth in <U>Section&nbsp;4.2(k)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Transaction Expenses</U>&#148; means all fees, costs and expenses incurred by the Company or
its Subsidiaries in connection with the transactions contemplated by this Agreement or any
transaction or series of transactions similar to the transactions contemplated by this Agreement
(whether incurred prior to or after the date hereof and whether incurred in connection with this
Agreement or otherwise), including, without limitation, (i)&nbsp;fees and disbursements of counsel,
financial advisors, and accountants, (ii)&nbsp;filing fees and expenses incurred by the Company in
connection with any filing by the Company or its Affiliates with a Governmental Authority and (iii)
all change of control, closing or signing bonuses and/or severance or retention or similar payments
payable or benefits owing to any officer, director or employee of the Company or any of its
Subsidiaries as a result of the transactions contemplated by this Agreement or any transaction or
series of transactions similar to the transactions contemplated by this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Transferred Company Employees</U>&#148; shall have the meaning set forth in <U>Section
4.2(l)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Transition Services Agreement</U>&#148; shall have the meaning set forth in <U>Section
4.3(d)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Treasury Regulations</U>&#148; means the temporary and final regulations promulgated under the
Code.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Working Capital</U>&#148; shall have the meaning set forth in <U>Section&nbsp;2.7(a)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Wynnewood Refining</U>&#148; means Wynnewood Refining Company, a Delaware corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;1.2 Interpretation.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>The table of contents contained in this Agreement is for reference purposes only and will
not affect in any way the meaning or interpretation of this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>The definitions set forth or referenced in this Agreement apply equally to both the
singular and plural forms of the terms defined.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>Whenever the context may require, any pronoun includes the corresponding masculine,
feminine and neuter forms. Whenever the words &#147;include,&#148; &#147;includes&#148; or &#147;including&#148; are used in
this Agreement, they will be deemed to be followed by the words &#147;without limitation&#148; or &#147;but not
limited to&#148; or words of similar import.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d) </B>The word &#147;or&#148; is not exclusive.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e) </B>The words &#147;herein,&#148; &#147;hereof&#148; or &#147;hereunder&#148; and words of similar import refer to this
Agreement (including the Exhibits and Schedules) in its entirety and not to any part hereof unless
the context otherwise requires.
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(f) </B>All references to Recitals, Articles, Sections, Exhibits and Schedules will be deemed
references to Recitals, Articles and Sections of, and Exhibits and Schedules to, this Agreement
unless the context otherwise requires.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(g) </B>References to the Parties include their respective successors and permitted assignees.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(h) </B>Unless the context otherwise requires, any references to any agreement or other instrument
or statute or regulation are to it as amended and supplemented from time to time (and, in the case
of a statute or regulation, to any successor provisions).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(i) </B>Any reference to a &#147;day&#148; or number of &#147;days&#148; (without the explicit qualification of
&#147;business&#148;) will be interpreted as a reference to a calendar day or number of calendar days.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(j) </B>This Agreement will not be interpreted or construed to require any Person to take any
action, or fail to take any action, if to do so would violate any applicable Law.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(k) </B>The headings in this Agreement are included for convenience and do not affect the
construction or interpretation of any provision of, or the rights or obligations of a Party under,
this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(l) </B>All accounting terms used in this Agreement shall be interpreted and all accounting
determinations under this Agreement shall be made in accordance with GAAP.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 2<BR>
PURCHASE AND SALE; DEPOSIT; CLOSING</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;2.1 Purchase and Sale</B>. Upon the basis of the representations and warranties, and subject to the terms and
conditions hereof, (i)&nbsp;Seller agrees to sell, convey, transfer and deliver to Buyer at the Closing,
all of the Company Shares, free and clear of any and all Liens, and (ii)&nbsp;Buyer agrees to purchase
and accept from Seller at the Closing, all of the Company Shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;2.2 Purchase Price</B>. The aggregate purchase price for all of the Company Shares shall be $525,000,000 (the
&#147;<U>Purchase Price</U>&#148;), as adjusted pursuant to <U>Section&nbsp;2.7</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;2.3 Purchase Price Deposit</B>. Concurrently with the execution and delivery of this Agreement, Buyer shall deposit with
Seller $26,250,000 (the &#147;<U>Purchase Price Deposit</U>&#148;) by wire transfer of immediately available
funds. From the Signing Date until the termination of this Agreement, in which case the Purchase
Price Deposit shall be retained by Seller or repaid to Buyer in accordance with <U>ARTICLE 11</U>,
or the Closing, Seller shall hold the Purchase Price Deposit in a separate account and segregated
from, and may not be co-mingled with, any other funds of Seller or its Affiliates (including the
Company and its Subsidiaries). The Purchase Price Deposit shall be credited against the amount to
be paid by Buyer to Seller at the Closing as set forth in <U>Section&nbsp;2.5</U>.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;2.4 Term Loan Agreement, Revolving Loan Agreement and Company Airplane Debt</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>As soon as practicable but no later than three (3)&nbsp;Business Days before the scheduled
Closing Date, Seller shall deliver to Buyer (i)&nbsp;one or more letters reasonably satisfactory to
Buyer (&#147;<U>Payoff Letters</U>&#148;), executed by an authorized representative of the creditor
counterparties to each of the Term Loan Agreement, the Revolving Loan Agreement and the Company
Airplane Debt (each such person shall be referred to as a &#147;<U>Creditor</U>&#148; and collectively the
&#147;<U>Creditors</U>&#148;) and (ii)&nbsp;with respect to each Payoff Letter, a letter reasonably satisfactory
to Buyer (the &#147;<U>Confirmation Letter</U>&#148;), executed by the chief financial officer of the
Company confirming the Payoff Amount set forth in such Payoff Letters. Buyer hereby expressly
agrees that all Indebtedness of the Company other than the Term Loan Agreement, the Revolving Loan
Agreement and the Company Airplane Debt shall remain Indebtedness of the Company after the Closing
Date and, except as otherwise set forth in this Agreement, neither Seller nor any of its
Representatives shall have any further obligations with respect to such Indebtedness. Each Payoff
Letter shall set forth the amount of money, including principal, interest, early retirement or
prepayment fees and penalties of any kind that will be due and payable by the Company or its
Subsidiaries to each of the Creditors for such Creditor&#146;s Indebtedness owed by the Company or its
Subsidiaries as of the Closing Date and an undertaking on the part of the Creditor to terminate,
either at or immediately after the Closing, all Liens or other security interests securing such
Creditor&#146;s Indebtedness upon payment thereof (the &#147;<U>Payoff Amount</U>&#148;).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>The aggregate amount owed in respect of the Indebtedness, including principal, interest,
early retirement or prepayment fees and penalties of any kind that will be due and payable by the
Company or its Subsidiaries, under the Term Loan Agreement, the Revolving Loan Agreement and/or the
Company Airplane Debt, as applicable, to each Creditor executing a Payoff Letter (the
&#147;<U>Repayment Indebtedness</U>&#148;) as reflected in the Payoff Letters shall be paid by Buyer (on
behalf of the Company and its Subsidiaries) on the Closing Date to such Creditor by wire transfer
of immediately available funds to an account designated by such Creditor and in the amount
specified in each Payoff Letter or otherwise established with such Creditor. Buyer, Seller and the
Company shall use commercially reasonable efforts, at Seller&#146;s cost and expense, to obtain either
at or immediately after the Closing Date the release of any personal guaranties made by Seller or
any Affiliate thereof in respect of the Repayment Indebtedness and the release of any related Lien
on the assets of Seller, the Company or any Subsidiary of the Company.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;2.5 Payment</B>. At the Closing, Buyer shall pay to Seller by wire transfer of immediately available funds
to such account as Seller shall designate not later than three (3)&nbsp;Business Days prior to the
Closing an amount equal to (i)&nbsp;the Purchase Price, plus (ii)&nbsp;the Estimated Working Capital
calculated pursuant to <U>Section&nbsp;2.7(a)</U>, plus (iii)&nbsp;the Estimated Capex Adjustment Amount
calculated pursuant to <U>Section&nbsp;2.7(a)</U>, minus (iv)&nbsp;the aggregate amount of the Repayment
Indebtedness, minus (v)&nbsp;the Escrow Amount, minus (vi)&nbsp;the Purchase Price Deposit (such aggregate
amount, the &#147;<U>Closing Date Payment Amount</U>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;2.6 Escrow Agreement.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>On the Closing Date, Buyer and Seller shall enter into an escrow agreement with the Escrow
Agent effective as of the Closing Date which shall be substantially in
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">the form attached hereto as <U>Exhibit&nbsp;A</U> (with such reasonable changes thereto as shall be
requested by the Escrow Agent) (the &#147;<U>Escrow Agreement</U>&#148;). On the Closing Date, Buyer shall
deliver the Escrow Amount by wire transfer of immediately available funds to an account (the
&#147;<U>Escrow Account</U>&#148;) to be designated and administered by the Escrow Agent in accordance with
the terms of the Escrow Agreement to partially secure the indemnification rights of the Buyer
Indemnified Parties as set forth in <U>ARTICLE 9</U>. The Escrow Amount shall be held by the
Escrow Agent in accordance with the terms of the Escrow Agreement. The Parties agree that the
Escrow Agent shall manage and disburse the contents of the Escrow Accounts in accordance with the
terms and conditions of the Escrow Agreement and this Agreement. All costs, fees, charges and
expenses assessed by the Escrow Agent to maintain the Escrow Accounts shall be borne one-half by
Seller and one-half by Buyer.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>The Escrow Agreement shall require that, on December&nbsp;15, 2012 (the &#147;<U>Escrow Account
Termination Date</U>&#148;), the Escrow Agent shall release, by wire transfer of immediately available
funds to such account as Seller shall designate, such funds in an amount equal to the balance
remaining in the Escrow Account, if any; <U>provided</U>, <U>however</U>, that if, on the Escrow
Account Termination Date there remain claims for indemnification for which Buyer has provided
notice to Seller pursuant to <U>ARTICLE 9</U> that have not been (i)&nbsp;paid by the Escrow Agent, or
(ii)&nbsp;resolved pursuant to (A)&nbsp;joint written instructions signed Buyer and Seller or (B)&nbsp;a final and
binding judgment of a court of competent jurisdiction, then the amount that the Escrow Agent would
otherwise be obligated to release to Seller on the Escrow Account Termination Date shall be
decreased by the aggregate amount of such outstanding claims and the aggregate amount of such
outstanding claims shall be retained by the Escrow Agent and held pursuant to the Escrow Agreement
until the resolution of the matters relating to such unresolved claims. Buyer and Seller shall
treat and report any funds disbursed to Seller from the Escrow Account as additional Purchase
Price; <U>provided</U>, <U>however</U>, that to the extent required by Section&nbsp;483 or Section
1274 of the Code, a portion of any such funds shall be treated and reported as interest for Tax
purposes.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;2.7 Estimates and Post-Closing Adjustment.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>At least three (3)&nbsp;Business Days prior to the expected Closing Date, Seller shall deliver
to Buyer a written statement (the &#147;<U>Closing Statement</U>&#148;) setting forth in reasonable detail
Seller&#146;s good faith estimate and calculation of (i)&nbsp;the Working Capital as of 11:59&nbsp;p.m. Central
Time on the Closing Date (the &#147;<U>Estimated Working Capital</U>&#148;), and (ii)&nbsp;the Capex Adjustment
Amount (the &#147;<U>Estimated Capex Adjustment Amount</U>&#148;). The Working Capital as of 11:59&nbsp;p.m.
Central Time on the Closing Date reflected on the Closing Statement shall be determined in
accordance with GAAP on a basis consistent with the same accounting policies and procedures used to
prepare the Financial Statements (except as otherwise set forth in the definition of &#147;Working
Capital&#148;); <U>provided</U>, <U>however</U>, that the value of any Inventory of the Company or its
Subsidiaries shall be determined in accordance with the Working Capital Adjustment Concepts set
forth on <U>Exhibit&nbsp;B</U>. The Capex Adjustment Amount reflected on the Closing Statement shall
be calculated in accordance with the definition of &#147;Capex Adjustment Amount.&#148; If the Closing
Statement is delivered prior to the final determination of the amounts payable by the Company and
its Subsidiaries pursuant to the 2011 Performance Based Plan, for purposes of the Closing
Statement, the aggregate amount payable by the Company and its Subsidiaries pursuant to the 2011
Performance Based Plan for the full 2011&nbsp;year shall be
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">determined based on reasonable projected
estimates made in good faith by Seller and the Company in consultation with Buyer.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) &#147;<U>Working Capital</U>&#148; means an amount (which may be positive or negative) equal
to (1)&nbsp;the sum of the cash and cash equivalents, restricted cash, investments, accounts
receivable (net of allowances), inventory (including spare parts and warehouse inventory,
but only to the extent such spare parts and warehouse inventory are not obsolete) and
prepaid expenses of the Company and its Subsidiaries on a combined basis, but, for avoidance
of doubt, shall not include any accounts or notes receivables from, and any prepaid expenses
paid to, Seller Parent or any of its Subsidiaries, <U>minus</U> (2)&nbsp;the sum of the current
liabilities of the Company and its Subsidiaries on a combined basis, including, without
duplication, the aggregate amount payable by the Company and its Subsidiaries pursuant to
the 2011 Performance Based Plan for the full 2011&nbsp;year (prorated for the number of days
elapsed in 2011 prior to and including the Closing Date), but, for avoidance of doubt, shall
not include (x)&nbsp;any of the Repayment Indebtedness repaid at the Closing pursuant to
<U>Section&nbsp;2.4</U>, or (y)&nbsp;any Liabilities of the Company or any of its Subsidiaries to
Seller Parent or any of its Subsidiaries (other than the Company and its Subsidiaries) being
released by Seller Parent and Seller at or prior to the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) &#147;<U>Capex Adjustment Amount</U>&#148; means an amount (which may be positive or
negative) equal to (1)&nbsp;the amount of Authorized Capex, minus (2)&nbsp;the aggregate of the
amounts set forth on the schedule of Capital Expenditures attached as <U>Exhibit&nbsp;C</U> for
the period commencing on November&nbsp;1, 2011 and ending with the month in which the Closing
occurs (prorated for the number of days elapsed in the case of the calendar month during
which the Closing occurs). If the Closing is expected to occur after January&nbsp;31, 2012,
Seller shall deliver to Buyer, at least ten (10)&nbsp;Business Days prior to January&nbsp;31, 2012, a
supplement to <U>Exhibit&nbsp;C</U> reflecting the Seller&#146;s reasonable, good-faith estimate of
Capital Expenditures to be incurred in the ordinary course of business for February and
March of 2012 (which estimate per month shall be no less than the Capital Expenditures
contemplated by the projections provided by the Company to Buyer
prior to the date hereof). Buyer shall be allowed to review such supplement and to the
extent that Buyer has reasonable comments to such supplement, Seller and Buyer agree to work
together in good faith to appropriately modify such supplement, which supplement as modified
will be used for the purposes of this Agreement. Notwithstanding any provision in this
Agreement to the contrary, if the absolute value of the Capex Adjustment Amount calculated
in accordance with the prior sentence would be less than $50,000, the Capex Adjustment
Amount shall be zero. &#147;<U>Authorized Capex</U>&#148; means Capital Expenditures made by the
Company or any of its Subsidiaries during the period from November&nbsp;1, 2011 through the
Closing Date with respect to (1)&nbsp;to projects identified in the schedule of Capital
Expenditures attached as <U>Exhibit&nbsp;C</U> or (2)&nbsp;projects proposed by the Seller following
the Signing Date that are approved by the Buyer in writing (such approval not to be
unreasonably withheld).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Within sixty (60)&nbsp;days following the Closing, Buyer shall prepare and deliver to Seller
the &#147;<U>Post-Closing Statement</U>&#148; reflecting its calculation of (i)&nbsp;the Working Capital as of
11:59&nbsp;p.m. Central Time on the Closing Date and (ii)&nbsp;the Capex Adjustment
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Amount. The Working
Capital as of 11:59&nbsp;p.m. Central Time on the Closing Date reflected on the Post-Closing Statement
shall be determined in accordance with GAAP on a basis consistent with the same accounting policies
and procedures used to prepare the Financial Statements (except as otherwise set forth in the
definition of Working Capital); <U>provided</U>, <U>however</U>, that the value of any Inventory
of the Company or its Subsidiaries shall be determined in accordance with the Working Capital
Adjustment Concepts set forth on <U>Exhibit&nbsp;B</U>. For avoidance of doubt, payments made by Buyer
pursuant to this Agreement shall not be included in the Post-Closing Statement. The Post-Closing
Statement shall show the difference, if any, between (i)&nbsp;the Estimated Working Capital and the
Estimated Capex Adjustment Amount on the Closing Statement and (ii)&nbsp;the Working Capital as of 11:59
p.m. Central Time on the Closing Date and the Capex Adjustment Amount, as calculated by Buyer in
the Post-Closing Statement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>Seller shall have thirty (30)&nbsp;days from the date of receipt to review the Post-Closing
Statement, and during such time Buyer shall, and shall cause the Company and its Subsidiaries to,
provide Seller and its Representatives reasonable access to the books and records of the Company
and its Subsidiaries, and Buyer shall cause the Company and its Representatives to provide
reasonable assistance to Seller, in connection with Seller&#146;s review of the Post-Closing Statement.
The Post-Closing Statement shall become final and binding on Seller and Buyer (in such instance,
the &#147;<U>Final Statement</U>&#148;) unless Seller gives written notice to Buyer of its disagreement with
respect to any matter contained therein (&#147;<U>Notice of Disagreement</U>&#148;) within thirty (30)&nbsp;days
after the receipt thereof. Such Notice of Disagreement shall set forth with particularity an
itemized list of the basis for any such objection(s). Buyer shall be deemed to have agreed with
all items and amounts contained in the Post-Closing Statement, except as so specifically objected
to in such Notice of Disagreement with particularity. For a period of fifteen (15)&nbsp;days after the
delivery of the Notice of Disagreement, Seller and Buyer shall negotiate in good faith to resolve
in writing all of the differences with respect to each matter specified in the Notice of
Disagreement, in which case any such resolution shall be final and binding on the Parties (in such
instance, the &#147;<U>Final Statement</U>&#148;). If, at the end of such fifteen (15)&nbsp;day period, Seller
and Buyer have not resolved in writing all of the differences with respect to any such matter, then
each unresolved matter (&#147;<U>Disputed Matter</U>&#148;), along with the Closing Statement, Post-Closing
Statement, the Notice of Disagreement, and any supporting documentation with
respect to such documents, shall be submitted to and reviewed by PricewaterhouseCoopers or, if
PricewaterhouseCoopers is unavailable or unwilling to serve, such other independent public
accounting firm as shall be agreed to by the Parties (the &#147;<U>Neutral Accountant</U>&#148;). Seller
and Buyer shall deliver to such Neutral Accountant copies of schedules and documents which may be
reasonably required by the Neutral Accountant to make its determination. The Neutral Accountant
shall consider only the Disputed Matters and shall act promptly to resolve in writing all Disputed
Matters, and its decisions with respect to the Disputed Matters shall be final and binding on each
of Seller and Buyer; <U>provided</U>, <U>however</U>, that no such resolution of the Disputed
Matters shall require payment of an amount greater than the highest amount or less than the lowest
amount provided in writing for such resolution by either Seller or Buyer. The Neutral Accountant
shall promptly notify Seller and Buyer of its resolution of the Disputed Matters and shall prepare
a revised statement reflecting the resolution of all Disputed Matters promptly after such
resolution (in such instance, the &#147;<U>Final Statement</U>&#148;) and shall deliver it to Seller and
Buyer. The fees and expenses of the Neutral Accountant shall be paid one-half by Buyer and
one-half by Seller. Each Party will bear the costs of its own counsel, witnesses (if any) and
employees. Once the Final Statement has been determined in accordance with the provisions of this
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><U>Section&nbsp;2.7(c)</U>, such calculation shall be final and binding for all purposes of this
Agreement. The Working Capital or Capex Adjustment Amount set forth on any Final Statement as
determined in accordance with this <U>Section&nbsp;2.7(c)</U> is the &#147;<U>Final Working Capital
Amount</U>&#148; or the &#147;<U>Final Capex Adjustment Amount</U>&#148;, as applicable.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d) </B>Within ten (10)&nbsp;days after the Final Statement has been determined in accordance with the
provisions of <U>Section&nbsp;2.7(c)</U>:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) In the event that the Post-Closing Adjustment Amount is positive, Buyer shall pay,
or cause to be paid, to Seller by wire transfer of immediately available funds to such
account as Seller shall have designated prior to the Closing an amount equal to the
Post-Closing Adjustment Amount; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) In the event that the Post-Closing Adjustment Amount is negative, Seller shall
pay, or cause to be paid, to Buyer by wire transfer of immediately available funds to such
account as Buyer shall have designated prior to the Closing an amount equal to the
Post-Closing Adjustment Amount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;2.8 Income Tax Treatment of the Sale; Allocation of Purchase Price</B>. Buyer and Seller acknowledge that, under Section&nbsp;1060 of the Code, the allocation of the
Purchase Price must be reported to the IRS on Form&nbsp;8594 for the tax period that includes the
Closing Date. If Seller has provided Buyer with the certificate described in <U>Section
7.2(b)(xii)</U>, Buyer shall not withhold any amount under Section&nbsp;1445 of the Code from any
payment of the Purchase Price due to Seller.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 3<BR>
REPRESENTATIONS AND WARRANTIES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;3.1 Buyer&#146;s Representations and Warranties</B>. Buyer hereby represents and warrants to Seller and the Company the matters set forth in
this <U>Section&nbsp;3.1</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Due Organization and Power</B>. Buyer is a limited liability company duly formed, validly
existing and in good standing, under the laws of the State of Delaware. Buyer Parent is a
corporation duly incorporated, validly existing and in good standing, under the laws of the State
of Delaware. Buyer has the requisite corporate power and authority to carry out the business in
which it is engaged and to own and use the properties owned and used by it.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;Due Authorization</B>. Each of Buyer and Buyer Parent has all requisite limited liability
company or corporate power and authority to execute and deliver this Agreement and the Ancillary
Documents to which it is a signatory and to perform its obligations hereunder and thereunder and to
consummate the transactions contemplated hereby and thereby. The execution, delivery and
performance by each of Buyer and Buyer Parent of this Agreement and the Ancillary Documents to
which it is or will be a signatory and the consummation by it of the transactions hereunder and
thereunder has been duly and validly authorized by all requisite limited liability company or
corporate action on the part of Buyer and Buyer Parent. This Agreement has been duly executed and
delivered, and each of the Ancillary Documents to which Buyer or Buyer Parent will be a signatory
has been, or will be, duly executed and delivered, by a duly authorized officer of Buyer or Buyer
Parent, as applicable.
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;Enforceability</B>. This Agreement constitutes, and each of the Ancillary Documents to which
Buyer or Buyer Parent is or will be a signatory, when executed and delivered by it will constitute,
the valid and legally binding obligations of Buyer or Buyer Parent, as applicable, enforceable
against it in accordance with its terms and conditions, subject to applicable bankruptcy,
insolvency and other similar laws affecting the enforceability of creditors&#146; rights generally,
general equitable principles and the discretion of courts in granting equitable remedies.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d)&nbsp;No Conflict</B>. Neither the execution, delivery and performance of this Agreement and the
Ancillary Documents by Buyer and/or Buyer Parent, as applicable, nor the consummation by Buyer and
Buyer Parent of the transactions contemplated hereby or thereby, will conflict with, violate or
result in a breach of any of the terms, conditions or provisions of (i)&nbsp;Buyer&#146;s limited liability
company agreement or Buyer Parent&#146;s certificate of incorporation and bylaws, or other
organizational instruments, or (ii)&nbsp;assuming compliance with the HSR Act, any Law applicable to
Buyer Parent or any of its Subsidiaries, including Buyer, or any of their respective properties or
assets, or any Order, writ, injunction, judgment or decree of any Governmental Authority or any
arbitration award applicable to Buyer Parent or any of its Subsidiaries, including Buyer, or any of
their respective properties or assets, except, in each case, as would not, individually or in the
aggregate, be reasonably expected to prevent or materially delay Buyer&#146;s or Buyer Parent&#146;s ability
to perform its obligations under this Agreement or under any of the Ancillary Documents or
consummate the transactions contemplated hereby or thereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e)&nbsp;No Contract Conflict</B>. None of the execution, delivery or performance by Buyer and Buyer
Parent of this Agreement or any Ancillary Documents to which Buyer Parent or Buyer is or will be a
signatory, nor the consummation by Buyer or Buyer Parent of the transactions contemplated hereby or
thereby will conflict with, result in a breach or violation of,
or constitute a default (with or without notice or lapse of time, or both) under, any Contract
to which Buyer Parent or any of its Subsidiaries, including Buyer, is a party or by which any of
their respective properties or assets is bound, except in each case as would not, individually or
in the aggregate be reasonably expected to prevent or materially delay Buyer&#146;s or Buyer Parents&#146;
ability to perform its obligations under this Agreement or the Ancillary Documents or consummate
the transactions contemplated hereby or thereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(f)&nbsp;No Litigation Conflict</B>. There is no Action pending or, to Buyer&#146;s Knowledge, threatened
against or affecting Buyer Parent or any of its Subsidiaries, including Buyer, or any of their
respective properties or assets, at Law or in equity, or before any Governmental Authority except
as would not, individually or in the aggregate, be reasonably expected to prevent or materially
delay Buyer&#146;s or Buyer Parent&#146;s ability to perform its obligations under this Agreement or the
Ancillary Documents or consummate the transactions contemplated hereby or thereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(g)&nbsp;Consents and Regulatory Approvals</B>. Except as required by the HSR Act, applicable
securities Laws and the rules of the New York Stock Exchange, no notice, filing, authorization,
approval, Order or consent is required to be given, filed or obtained by Buyer Parent or any of its
Subsidiaries, including Buyer, from any Governmental Authority or third-party in connection with
the execution, delivery and performance by Buyer and Buyer Parent of
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">this Agreement or any of the
Ancillary Documents or the transactions contemplated hereby or thereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(h)&nbsp;Financial Arrangements and Capacity</B>. Buyer has delivered to Seller and the Company a
financing commitment letter (the &#147;<U>Commitment Letter</U>&#148;) providing for debt financing in the
amounts set forth therein (together with the offering or private placement of debt securities under
Rule&nbsp;144A of the Securities Act and any other debt financing entered into by Buyer in connection
with the transactions contemplated by this Agreement, the &#147;<U>Debt Financing</U>&#148;). As of the
date of this Agreement, (i)&nbsp;the Commitment Letter has not been amended or modified, and the
commitments contained in the Commitment Letter has not been withdrawn or rescinded, and (ii)&nbsp;no
event has occurred that (with or without notice, lapse of time, or both) would constitute a breach
or default under the Commitment Letter. Assuming performance by the Company and Seller of their
respective obligations under this Agreement, Buyer has no knowledge of any facts or circumstances
that are reasonably likely to result in (i)&nbsp;any of the conditions set forth in the Commitment
Letter not being satisfied or (ii)&nbsp;the funding contemplated in the Commitment Letter not being made
available to Buyer. In addition to the funding contemplated in the Commitment Letter, Buyer
intends to use financial resources otherwise available to it on the Closing Date, including, but
not limited to, cash on hand, to fund the Purchase Price. Buyer has, and will at all times prior
to Closing have, adequate funds available to it in the form of cash on hand, the financing
contemplated by the Commitment Letter or otherwise to consummate the transactions contemplated by
this Agreement and to perform its obligations hereunder.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(i)&nbsp;Solvency</B>. No bankruptcy proceedings are pending or contemplated by or, to Buyer&#146;s
Knowledge, threatened against Buyer Parent or any of its Subsidiaries, including Buyer. Neither
Buyer nor Buyer Parent is insolvent (in that both the fair value of its assets are not less than
the sum of its debts and that the present fair saleable value of its assets are not less
than the amount required to pay its probable liability on its debts as they become absolute
and matured), and assuming that the representations and warranties of Seller and the Company
contained in this Agreement are true and correct, at and immediately after the Closing, and after
giving effect to the transactions contemplated by this Agreement, neither Buyer Parent nor Buyer
will be insolvent (in that both the fair value of its assets will not be less than the sum of its
debts and that the present fair saleable value of its assets will not be less than the amount
required to pay its probable liability on its debts as they become absolute and matured).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(j)&nbsp;Access to Information</B>. Buyer has been afforded the opportunity to discuss the business,
condition, management and financial affairs of the Company and its Subsidiaries with its
management, and the opportunity to review the properties, operations, liabilities, obligations,
books, accounts, records, contracts and documents of the Company and its Subsidiaries.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(k)&nbsp;Broker&#146;s Fees</B>. There is no financial advisor, investment banker, broker, finder, agent or
other Person that has been retained by or is authorized to act on behalf of Buyer Parent or any of
its Subsidiaries, including Buyer, who is entitled to any financial advisor&#146;s, investment banking,
brokerage, finder&#146;s or other fee or commission in connection with this Agreement and the
transactions contemplated hereby and for which Seller or the Company could have any Liability.
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;3.2 Seller&#146;s and the Company&#146;s Representations and Warranties</B>. Seller and the Company each hereby represent and warrant to Buyer the matters set forth in
this <U>Section&nbsp;3.2</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Due Organization, Qualification and Power</B>. Each of Seller Parent, Seller and the Company
is a corporation duly incorporated, validly existing and in good standing, under the laws of the
State of Delaware. Each of the Subsidiaries of the Company is a corporation duly incorporated,
validly existing and in good standing under the laws of the jurisdiction of its incorporation. The
Company and each of its Subsidiaries is qualified to do business in each jurisdiction in which the
nature of its business or the ownership of its properties requires such qualification, except where
the failure to be so qualified would not, individually or in the aggregate, have or reasonably be
expected to have a Material Adverse Effect. The Company and each of its Subsidiaries has the
requisite corporate power and authority to own or lease and to use its properties and assets and
conducted its business as currently conducted.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;Due Authorization</B>. Each of Seller Parent, Seller and the Company has all requisite
corporate power and authority to execute and deliver this Agreement and the Ancillary Documents to
which it is a signatory and to perform its obligations hereunder and thereunder and to consummate
the transactions contemplated hereby and thereby. The execution, delivery and performance by
Seller Parent, Seller and the Company of this Agreement and the Ancillary Documents to which it is
or will be a signatory and the consummation by it of the transactions hereunder and thereunder has
been duly and validly authorized by all requisite corporate action on the part of Seller Parent,
Seller and the Company. This Agreement has been, and each of the Ancillary Documents to which
Seller Parent, Seller or the Company is or will be
a signatory, will be when executed, duly and validly executed and delivered by a duly
authorized officer of Seller Parent, Seller or the Company, as applicable.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;Enforceability</B>. This Agreement constitutes, and each of the Ancillary Documents to which
Seller Parent, Seller or the Company is or will be a signatory, when executed and delivered by it
will constitute, the valid and legally binding obligations of Seller Parent, Seller or the Company,
as applicable, enforceable against it in accordance with its terms and conditions, subject to
applicable bankruptcy, insolvency and other similar laws affecting the enforceability of creditors&#146;
rights generally, general equitable principles and the discretion of courts in granting equitable
remedies.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d)&nbsp;No Conflict</B>. None of the execution, delivery or performance of this Agreement and the
Ancillary Documents by Seller Parent, Seller and/or the Company, as applicable, nor the
consummation by Seller Parent, Seller and the Company of the transactions contemplated hereby or
thereby, will conflict with, violate or result in a breach of any of the terms, conditions or
provisions of (i)&nbsp;Seller Parent&#146;s, Seller&#146;s or the Company&#146;s certificates of incorporation, bylaws
or other organizational instruments, or (ii)&nbsp;assuming compliance with the HSR Act and other than as
set forth on <U>Schedule&nbsp;3.2(d)</U>, any Law applicable to Seller Parent or any of its
Subsidiaries, including Seller and the Company, or any of their respective properties or assets, or
any Order, writ, injunction, judgment or decree of any Governmental Authority or any arbitration
award applicable to Seller Parent or any of its Subsidiaries, including Seller and the Company, or
any of their respective properties or assets, except in the case of clause (ii), as
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">would not,
individually or in the aggregate, have, or reasonably be expected to have, a Material Adverse
Effect.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e)&nbsp;No Contract Conflict</B>. Except as otherwise set forth on <U>Schedule&nbsp;3.2(e)</U>, none of
the execution, delivery or performance by Seller Parent, Seller or the Company of this Agreement or
the Ancillary Documents to which Seller Parent, Seller or the Company is, or will be, a signatory,
nor the consummation by Seller Parent, Seller or the Company of the transactions contemplated
hereby or thereby will (i)&nbsp;conflict with, result in a breach or violation of, or constitute a
default (with or without notice or lapse of time, or both) or result in the creation of any Lien
upon any of the Company Properties under, or the acceleration, relinquishment or modification of
any rights or obligations of the Company or any of its Subsidiaries contained in, any Contract to
which Seller Parent or any of its Subsidiaries, including Seller or the Company, is a party or by
which any of their respective properties or assets is bound, or (ii)&nbsp;result in the creation of, or
require the creation of, any Lien upon any shares of capital stock of the Company, except in each
case as would not, individually or in the aggregate, have, or reasonably be expected to have, a
Material Adverse Effect.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(f)&nbsp;Consents and Regulatory Approvals</B>. Except as otherwise set forth on <U>Schedule
3.2(f)</U> hereto, and, except as required by the HSR Act, no notice, filing, authorization,
approval, Order or consent is required to be given, filed or obtained by Seller Parent or any of
its Subsidiaries, including Seller and the Company, from any Governmental Authority or third-party
in connection with the execution, delivery and performance by Seller Parent, Seller and the Company
of this Agreement or any Ancillary Document or the transactions contemplated hereby or thereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(g)&nbsp;Capitalization</B>. The authorized capital stock of the Company consists of 150,000 shares of
class A voting common stock, par value $0.01 per share, of which 96,900 shares are issued and
outstanding; 150,000 shares of class B non-voting common stock, par value $0.01 per share, of which
0 shares are issued and outstanding; 4,000 shares of $1,200 preferred, voting, non-cumulative
stock, par value $0.01 per share, of which 0 shares are issued and outstanding; 4,000 shares of
$1,200 preferred, non-voting, non-cumulative stock, par value $0.01 per share, of which 0 shares
are issued and outstanding; and 92,000 shares of undesignated preferred stock, par value $0.01 per
share, of which 0 shares are issued and outstanding. For each of the Company&#146;s Subsidiaries,
<U>Schedule&nbsp;3.2(g)</U> sets forth its name, its jurisdiction of organization, its authorized
capital stock, and the number and type of its issued and outstanding shares of capital stock.
Except as set forth in this <U>Section&nbsp;3.2(g)</U>, the Company is the sole record owner and is the
beneficial owner of, and owns directly, free and clear of all Liens, all of the issued and
outstanding shares of capital stock of each of its Subsidiaries. All of the issued and outstanding
shares of capital stock of the Company and each of its Subsidiaries has been duly authorized and
validly issued, and are fully paid and nonassessable and were not issued in violation of any
preemptive or similar rights. Except as set forth in this <U>Section&nbsp;3.2(g)</U>, there are no
outstanding Equity Securities of the Company or any of its Subsidiaries and there are no rights to
subscribe for or to purchase, or any agreements providing for the issuance (contingent or
otherwise) of, or any calls against, commitments by or claims against the Seller Parent or any of
its Subsidiaries, including Seller and the Company, of any character relating to, any Equity
Securities of the Company or any of its Subsidiaries. None of Seller, the Company or any of its
Subsidiaries is a party to any outstanding subscriptions, contracts to purchase capital stock or
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">other securities, conversion privileges, options, warrants or rights of any kind, with respect to
the purchase, sale or voting of any of the Equity Securities of the Company or any of its
Subsidiaries. Neither the Company nor any of its Subsidiaries owns any equity or other ownership
interests in any entity, except that the Company owns all of the outstanding capital stock of
Wynnewood Insurance Corporation, a Hawaii captive insurance company, and Wynnewood Refining, and,
as of the date of this Agreement, owns all of the outstanding capital stock of Gary-Williams Retail
Solutions, Inc.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(h)&nbsp;Title to Company Shares</B>. Except as otherwise set forth on <U>Schedule&nbsp;3.2(h)</U>, Seller
is the direct record and beneficial owner of the Company Shares. Seller has good and valid title
to the Company Shares, free and clear of any Lien, and has the right, power, authority and capacity
to sell and transfer the Company Shares to Buyer in the manner provided herein, free and clear of
any Lien. The Company Shares are not subject to any voting trust or voting agreement, nor is any
proxy in effect with respect to any of the Company Shares. The Company Shares represent all of the
issued and outstanding shares of capital stock of the Company of any class.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(i)&nbsp;Certificate of Incorporation, Bylaws</B>. The certificate of incorporation and bylaws of the
Company and its Subsidiaries, as amended, have been made available to Buyer prior to the date of
this Agreement for its inspection, are complete and correct, have not been amended further and are
in full force and effect.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(j)&nbsp;Financial Statements</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Attached as <U>Schedule&nbsp;3.2(j)(i)</U> are (i)&nbsp;the audited consolidated balance
sheets of the Company as of December&nbsp;31, 2010, 2009 and 2008, together with the statements
of operations, cash flows and shareholders&#146; equity of the Company for the twelve months
ended December&nbsp;31, 2010, 2009 and 2008, and the related notes thereto, (ii)&nbsp;the unaudited
consolidated balance sheet of the Company as of June&nbsp;30, 2011 (the &#147;<U>Interim Balance
Sheet</U>&#148;), together with the statements of operations, cash flows and shareholders&#146; equity
of the Company for the six (6)&nbsp;months ended June&nbsp;30, 2011 and 2010, and the related notes
thereto. All of the foregoing financial statements are collectively referred to herein as
the &#147;<U>Financial Statements</U>&#148;. The Financial Statements (A)&nbsp;have been prepared in
accordance with GAAP applied on a consistent basis (except as may be indicated in the notes
thereto), (B)&nbsp;are consistent with the books and records of the Company and its Subsidiaries
and (C)&nbsp;fairly present in all material respects the consolidated financial position of the
Company as of the date thereof and the consolidated results of operations, cash flows and
changes in financial position of the Company for the period presented therein;
<U>provided</U>, <U>however</U>, that the Financial Statements as of, and for the six (6)
months ended, June&nbsp;30, 2011 are subject to normal year-end adjustments none of which,
individually or in the aggregate, would have or reasonably be expected to have a Material
Adverse Effect.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The books and records of the Company, its Subsidiaries and Gary-Williams Retail
Solutions, Inc. have been maintained in all material respects in accordance with sound
business practices, including the maintenance of an adequate system of internal controls,
and fairly and accurately reflect, in all material respects, on a
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">basis consistent with past
periods and throughout the periods involved, (i)&nbsp;the financial position of the Company, its
Subsidiaries and Gary-Williams Retail Solutions, Inc. and (ii)&nbsp;all transactions of the
Company, its Subsidiaries and Gary-Williams Retail Solutions, Inc. The Company and its
Subsidiaries maintain a system of accounting and internal controls sufficient in all
material respects to provide reasonable assurances that financial transactions are executed
in accordance with the general and specific authorization of the management of the Company
and its Subsidiaries. To Seller&#146;s Knowledge, there are no significant deficiencies or
material weaknesses in the design or operation of internal controls over financial reporting
that would reasonably be expected to adversely affect the Company&#146;s ability to record,
process, summarize and report financial information.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(k)&nbsp;Indebtedness</B>. Except as set forth in <U>Schedule&nbsp;3.2(k)</U> and the Repayment
Indebtedness, none of the Company or its Subsidiaries has any Indebtedness or any obligations
(including any associated unrealized Losses) under, or associated with, any hedging, interest rate
or currency protection, or swap agreements (&#147;<U>Hedging Contracts</U>&#148;).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(l)&nbsp;Real Property</B>. <U>Schedule&nbsp;3.2(l)</U> sets forth all real property interests owned or
leased by the Company or any of its Subsidiaries as of the date hereof (the &#147;<U>Real
Property</U>&#148;), indicating whether such Real Property is owned or leased by the Company or its
Subsidiaries. Except as set forth in <U>Schedule&nbsp;3.2(l)</U> or as shown on any title policy
listed on <U>Schedule&nbsp;3.2(dd)</U>, no Person other than the Company and its Subsidiaries has any
right to use, occupy or lease any of the Real Property. The Company or one of its Subsidiaries, as
applicable, have good, valid, marketable and insurable fee title to the Real Property owned by the
Company or its Subsidiaries free and clear of any Liens, other than Permitted Liens and Liens
securing the Repayment
Indebtedness to be repaid at the Closing. The Company or one of its Subsidiaries has a valid
leasehold interest in the Real Property leased by it, free and clear of all Liens, other than
Permitted Liens and Liens securing the Repayment Indebtedness to be repaid at the Closing. There
is no pending or, to the Knowledge of Seller or the Company, threatened condemnation,
expropriation, eminent domain or similar proceeding affecting all or any part of the Real Property.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(m)&nbsp;Title and Condition of Assets</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The Company or a Subsidiary of the Company has good and valid title to all tangible
personal property and other assets reflected in the Interim Balance Sheet or acquired by the
Company or any of its Subsidiaries after the date of the Interim Balance Sheet, other than
properties and assets sold or otherwise disposed of in the ordinary course of business since
the date of the Interim Balance Sheet. All such properties and assets are free and clear of
Liens except for Permitted Liens and the Liens securing the Repayment Indebtedness to be
repaid at the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Except as otherwise set forth on <U>Schedule&nbsp;3.2(m)</U>, buildings, plants,
structures, furniture, fixtures, machinery, equipment, vehicles and other items of tangible
property of the Company and its Subsidiaries (A)&nbsp;are adequate for the purpose for which they
are being used, sufficient for the continued conduct of the business and operations of the
Company and its Subsidiaries after the Closing in substantially the same manner as conducted
prior to the Closing, and (B)&nbsp;constitute all of the tangible property
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">and assets necessary
to conduct the business and operations of the Company and its Subsidiaries as currently
conducted.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(n)&nbsp;Inventory</B>. All Inventory of the Company or its Subsidiaries is of quality consistent in
all material respects with the quality of the Inventory held or produced by the Company or its
Subsidiaries in the ordinary course of business.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(o)&nbsp;Intellectual Property</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <U>Schedule&nbsp;3.2(o)</U> sets forth all material patents, trademarks, service marks,
trade names, copyrights and applications therefor owned by or registered in the name of the
Company or any of its Subsidiaries as of the date hereof (the &#147;<U>Company Intellectual
Property</U>&#148;). The Company owns or has a valid license to use all of the Company
Intellectual Property. Each item of the Company Intellectual Property is valid, subsisting
and enforceable. To Seller&#146;s Knowledge, none of the Company or any of its Subsidiaries is
infringing, in any material respect, on any valid patent right, trademark, service mark,
trade name or copyright of others, nor to Seller&#146;s Knowledge, are any such material valid
rights owned by the Company or any of its Subsidiaries being infringed upon by any other
party in any material respect.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Company Intellectual Property constitutes all of the patents, trademarks,
service marks, trade names and copyrights necessary for the conduct of the business of the
Company and its Subsidiaries after the Closing in substantially the same manner as conducted
prior to Closing, and the consummation of the transactions
contemplated by this Agreement and the Ancillary Documents will not alter or impair the
rights of the Company and its Subsidiaries with respect to the Company Intellectual
Property.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) The Company has taken (and caused each of its Subsidiaries to take) commercially
reasonable precautions to protect the confidentiality of its trade secrets and confidential
information.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(p)&nbsp;Material Contracts</B>. <U>Schedule&nbsp;3.2(p)</U> sets forth all Material Contracts of the
Company and its Subsidiaries as of the date of this Agreement. A true and complete copy of each of
the Material Contracts as of the date of this Agreement have been made available to Buyer prior to
the date of this Agreement. Except as otherwise set forth on <U>Schedule&nbsp;3.2(p)</U>, the Material
Contracts are in full force and effect, are valid, binding and enforceable against the parties
thereto, subject, as to enforcement, to bankruptcy, insolvency, reorganization and other Laws of
general applicability relating to or affecting creditors&#146; rights and to general equitable
principles. No material default by the Company or any of its Subsidiaries or, to Seller&#146;s
Knowledge, by the other contracting parties has occurred thereunder. To Seller&#146;s Knowledge, no
event, occurrence or condition exists which, with the lapse of time, or the giving of notice or
both, would become a material default by the Company, any of its Subsidiaries or by the other
contracting parties thereunder. Any Contract with respect to the Company Airplane or the Company
Airplane Debt shall not be deemed to be a Material Contract. &#147;<U>Material Contracts</U>&#148; shall be
defined as:
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Joint venture agreements;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Any Contract for Indebtedness or any Hedging Contract;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Any Contract with a duration in excess of twenty-four (24)&nbsp;months unless
terminable by the Company and/or its Subsidiaries (as the case may be) on no more than 90
days&#146; notice without penalty;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Any Contract obliging the Company or any Subsidiary to source the entirety of its
requirements for any product from a single supplier or to sell the entirety of its
production of any particular commodity to a single off-taker;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Any Contract in the nature of a &#147;take-or-pay-contract&#148;;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Any Contract that constitutes a lease or agreement under which the Company or any
of its Subsidiaries is a lessee or lessor of real property;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) Any Contract of surety or guarantee of any obligation of any Person (other than
the Company and its Subsidiaries);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) Any Contract that imposes material restrictions upon the ability of the Company
or any of its Subsidiaries or any of their respective Affiliates from freely engaging in
business anywhere in the world;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) Any Contract that contains a &#147;most favored nations&#148; clause or similar provision;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) Any Contract under which (A)&nbsp;a Person (other than the Company, any of its
Subsidiaries or any of their respective customers, directors, executive officers or
Affiliates) is or was advanced or loaned by the Company or any of its Subsidiaries an amount
exceeding $50,000 or (B)&nbsp;a director, executive officer or Affiliate of the Company or any of
its Subsidiaries is or was advanced or loaned by the Company or any of its Subsidiaries any
amount;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) Any Government Contract;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) Any Contract pursuant to which the Company made payments in excess of $500,000
during the nine-month period ended September&nbsp;30, 2011, other than (1)&nbsp;spot contracts for the
purchase or transportation of refinery feedstocks or the sale or transportation of refined
products or refinery byproducts entered into at market-based prices, (2)&nbsp;Contracts under
which goods or services are purchased by the Company or its Subsidiaries on an as-needed
basis pursuant to one or more purchase orders delivered thereunder from time to time and
which may be terminated on no more than 90&nbsp;days&#146; notice without penalty, or (3)&nbsp;Contracts
already listed on <U>Schedule&nbsp;3.2(p)</U> pursuant to any other clause under the definition
of &#147;Material Contract&#148;; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) Any indemnification agreement with an Indemnified Person.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(q)&nbsp;Employees</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Except as otherwise set forth on <U>Schedule&nbsp;3.2(q)(i)</U>, the Company and its
Subsidiaries have applied their employee policies, rules and regulations in a manner
consistent in all material respects with applicable Law.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Except for the Labor Agreement, none of the Company or any of its Subsidiaries is
currently a party to any collective bargaining agreement with a labor union which will
remain in effect after the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) No labor strike or material organized work stoppage against the Company or any of
its Subsidiaries has occurred during the past two years, is currently occurring, or, to
Sellers&#146;s Knowledge, is threatened. Except as otherwise set forth on <U>Schedule
3.2(q)(iii)</U>, none of the Company or any of its Subsidiaries has been involved in during
the past three years, is currently involved in, or, to Seller&#146;s Knowledge, is threatened
with any material (A)&nbsp;labor dispute, grievance, or litigation relating to labor matters
involving any of its employees, (B)&nbsp;charge of unfair labor practices or (C)&nbsp;discrimination
complaint. To Seller&#146;s Knowledge, no efforts are currently being made and no petition is
being circulated or filed to organize any employees of the Company or any of its
Subsidiaries for purposes of bargaining or otherwise negotiating with the Company or any of
its Subsidiaries or to designate or certify any labor organization or other Person as
bargaining agent or to hold any election relating to the foregoing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) The Company and its Subsidiaries (A)&nbsp;are in compliance in all material respects
with all Laws of Governmental Authorities respecting employment, employment practices, terms
and conditions of employment, wages and hours, (B)&nbsp;have withheld all material amounts
required by Law from the wages, salaries and other payments to employees, (C)&nbsp;are not liable
for any material arrears of wages or any material penalty for failure to comply with any of
the foregoing, and (D)&nbsp;except in the ordinary course of business, are not liable for any
material payment to any trust or other fund or to any Governmental Authority, with respect
to unemployment compensation benefits, social security or other legally mandated benefits
for employees; <U>provided</U>, <U>however</U>, that the foregoing representation does not
cover matters addressed in <U>Section&nbsp;3.2(y)</U> (<I>Employee Benefit Plans</I>).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Except as otherwise set forth on <U>Schedule&nbsp;3.2(q)(v)</U>, to Seller&#146;s Knowledge,
there are no material pending investigations of the Company or any of its Subsidiaries by
the Equal Employment Opportunity Commission, any state civil rights commission, or any other
Governmental Authority responsible for investigation of worker complaints of discrimination.
To Seller&#146;s Knowledge, there are no material pending investigations of the Company or any
of its Subsidiaries by the U.S. Department of Labor, any state department of labor, or the
Occupational Safety and Health Administration.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(r)&nbsp;Litigation</B>. Except as otherwise set forth on <U>Schedule&nbsp;3.2(r)</U>, (i)&nbsp;there are (and
during the three (3)&nbsp;years prior to the date hereof, there have been) no material Actions pending
or, to Seller&#146;s Knowledge, threatened against or affecting the Company or any of its Subsidiaries
or any of the Company Property, at law or in equity, or before any Governmental Authority, and (ii)
there are no material outstanding Orders to which the Company or any of its
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Subsidiaries is
subject, other than those applicable generally to the industry in which the Company and its
Subsidiaries operate. There is no Action pending or, to Seller&#146;s Knowledge, threatened against or
affecting Seller Parent or any of its Subsidiaries, including Seller and the Company, or any of
their respective properties, except as would not, individually or in the aggregate, be reasonably
expected to prevent or materially delay Seller Parent&#146;s, Seller&#146;s or the Company&#146;s ability to
perform its obligations under this Agreement or consummate the transactions contemplated hereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(s)&nbsp;Environmental Compliance</B>. Except as otherwise set forth on <U>Schedule&nbsp;3.2(s)</U>, to the
Knowledge of Seller:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The Company and each of its Subsidiaries are (and since September&nbsp;30, 2006, have
been) in material compliance with all applicable Environmental Laws.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Company and its Subsidiaries are in compliance in all material respects with
all applicable Environmental Permits, including expired Permits where the Company and its
Subsidiaries are operating under a permit shield; no proceeding is pending or threatened to
revoke its Environmental Permits and none of the Company and its Subsidiaries have received
notice from any applicable Governmental Authority that: (A)&nbsp;any existing Environmental
Permit will be revoked or not re-issued on the same or
similar terms and (B)&nbsp;any pending application for any new Environmental Permit by the
Company or any of its Subsidiaries or renewal of any existing Environmental Permit will be
denied or (C)&nbsp;the permit holder is in violation of any Environmental Permit.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) There are no past or present facts, conditions or circumstances existing, or
threatened, that would materially interfere with the Company and its Subsidiaries&#146; continued
compliance with applicable Environmental Laws and Environmental Permits or give rise to any
Environmental Liabilities or Environmental Losses.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) None of Seller, with respect to the Company and its Subsidiaries, or the Company
or any of its Subsidiaries has received any findings or notices of violation, cessation
order, notice of fine or penalty, notice of proposed assessment or other written notice from
any Governmental Authority that Seller, with respect to the Company and its Subsidiaries, or
the Company or any of its Subsidiaries, is not in compliance with any Environmental Laws or
Environmental Permits and which relate to any matters or Environmental Conditions that are
not, or have not been, fully resolved as of the date hereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) There have been no Releases of Hazardous Substances by the Company or any of its
Subsidiaries on, in, under, from or over the Company Properties as of the date hereof,
except in accordance with a valid Environmental Permit or permit shield.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) None of the Company or any of its Subsidiaries has received notice from any
Governmental Authority that it is a &#147;potentially responsible party&#148; under Section&nbsp;107 of
CERCLA that has not been or will not be resolved as of the Closing Date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) There are no existing or threatened Actions, notices of violation, notices of
potential responsibility or information requests resulting from, related to or arising under
any Environmental Law (including any Actions for personal injury, property damage or
injunctive relief relating to exposure to Hazardous Substances, including asbestos) that
could reasonably be expected to result in material Environmental Liabilities or Costs of
Compliance of the Company and its Subsidiaries taken as a whole; and there have been no
Actions brought against or threatened against the Company or any of its Subsidiaries or any
of their respective assets or businesses relating to exposure to asbestos or the creation or
furtherance of or failure to abate or prevent any toxic torts.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) There are no Environmental Conditions, events, circumstances or facts that are
reasonably likely to give rise to any material Environmental Liability or Environmental
Losses, or cause the Company or any of its subsidiaries to incur any material Cost of
Compliance, or other obligation under any Environmental Laws or Environmental Permits.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) All Hazardous Substances disposed of, treated or stored by the Company or any of
its Subsidiaries on any Real Property have been disposed of, treated
or stored, as the case may be, in compliance in all material respects with all
applicable Laws (including Environmental Laws).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) None of the Companies or any of its Subsidiaries has disposed of, transported, or
arranged for the transportation of, any Hazardous Substances to any place or location (a)
listed on the National Priorities List or any comparable list of state sites, or (b)&nbsp;in a
manner that has given or is reasonably likely to give rise to material Environmental
Liabilities upon the Company or any of its Subsidiaries.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) Seller has delivered or made available to Buyer true and complete copies of any
third-party consultant&#146;s reports commissioned by Seller pertaining to Environmental
Conditions, Environmental Liabilities and/or Costs of Compliance at the facilities or
relating to the Companies or any of its Subsidiaries and those environmental reports
pertaining to material environmental issues submitted by the Companies or any of its
Subsidiaries to Governmental Authorities pertaining to Environmental Conditions,
Environmental Liabilities and/or Costs of Compliance at the Company Properties or relating
to the Company or any of its Subsidiaries.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(t)&nbsp;Tax Matters</B>. Except as otherwise set forth on <U>Schedule&nbsp;3.2(t)</U>,
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Seller Parent, Seller, the Company and each of the Company&#146;s Subsidiaries have duly
filed (or had duly filed on their behalf) all Tax Returns required to be filed by them
(excluding, in the case of Seller Parent and Seller, any such Tax Return that is a
Non-Income Tax Return that does not relate to Taxes attributable to the Company or any of
the Company&#146;s Subsidiaries), taking into account any validly
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">obtained extensions of time to
file, and all such Tax Returns were true, complete and correct in all material respects at
the time of filing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) All material Taxes owed by Seller Parent, Seller, the Company and each of the
Company&#146;s Subsidiaries (whether or not shown on any Tax Return) have been timely paid in
full (excluding, in the case of Seller Parent and Seller, any such Taxes that are Non-Income
Taxes that are not attributable to the Company or any of the Company&#146;s Subsidiaries), other
than Taxes that are not yet due and payable or that are being contested in good faith by
appropriate proceedings and for which adequate reserves have been established on the books
and records of the Company and each of the Company&#146;s Subsidiaries.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) None of the Company or any of its Subsidiaries is a party to any Tax sharing,
indemnity, reimbursement or other similar agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) There are no Liens for Taxes upon any properties or assets of the Company or any
of its Subsidiaries other than Permitted Liens.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) At all times since January&nbsp;1, 2002, Seller Parent has been a validly electing S
corporation within the meaning of Sections&nbsp;1361 and 1362 of the Code and within the meaning
of analogous state or local provisions in the jurisdictions in which Seller Parent files or
has filed Income Tax Returns, except as set forth in <U>Schedule&nbsp;3.2(t)</U>,
and each shareholder of Seller Parent required to consent has validly and timely
consented to Seller Parent&#146;s S corporation election.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) At all times since January&nbsp;1, 2002, Seller has been treated for U.S. federal
income tax purposes as a qualified subchapter S subsidiary (a &#147;<U>QSub</U>&#148;) within the
meaning of Section&nbsp;1361(b)(3) of the Code and within the meaning of analogous state or local
provisions in the jurisdictions in which Seller Parent files or has filed Income Tax
Returns, except as set forth in <U>Schedule&nbsp;3.2(t)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) At all times since January&nbsp;1, 2002, the Company and each Subsidiary of the
Company has been treated for U.S. federal income tax purposes as a QSub within the meaning
of Section&nbsp;1361(b)(3) of the Code and within the meaning of analogous state or local
provisions in the jurisdictions in which Seller Parent files or has filed Income Tax
Returns, except as set forth in <U>Schedule&nbsp;3.2(t)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) At no time since January&nbsp;1, 2002, has a nonresident alien (as defined in Section
7701(b)(1)(B) of the Code) been a shareholder of Seller Parent.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) <U>Schedule&nbsp;3.2(t)</U> lists each jurisdiction in which the Company or any of its
Subsidiaries is required to file an Income Tax Return and whether the Company or such
Subsidiary, as the case may be, is treated under the laws of such jurisdiction as a separate
taxable entity for Income Tax purposes.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) <U>Schedule&nbsp;3.2(t)</U> lists (i)&nbsp;the approximate amount of any net unrealized
built in gain (&#147;<U>NUBIG</U>&#148;), as such term is defined in Section 1374(d) of the Code, of
each member of the TGWC Tax Group, that would be subject to tax under
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">Section&nbsp;1374 of the
Code upon a disposition of such member&#146;s assets during the 2011 and 2012 taxable years and
(ii)&nbsp;all transactions in which a member of the TGWC Tax Group recognized a material amount
of NUBIG in connection with the disposition of any assets that are of a type described in
Section&nbsp;1374(d)(8) of the Code in a taxable year beginning after December&nbsp;31, 2005.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) No member of the TGWC Tax Group is or has been subject to U.S. federal income tax
in any taxable period beginning after December&nbsp;31, 2005 by virtue of the application of the
passive investment income rules under Section&nbsp;1375 of the Code.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) Seller has provided Buyer access to all work papers in its possession or, to the
Knowledge of Seller, in the possession of any other member of the TGWC Tax Group or, in
their capacity as outside auditor of the TGWC Tax Group, Deloitte &#038; Touche LLP and KPMG LLP,
in each case, to the extent such work papers address the qualification of Seller Parent as
an S corporation within the meaning of Sections&nbsp;1361 and 1362 of the Code or the
qualification of any of its Subsidiaries, including the Company, as a QSub within the
meaning of Section&nbsp;1361(b)(3) of the Code.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) Each deficiency resulting from any audit or examination by any Governmental
Authority with respect to Taxes owed by any member of the TGWC Tax Group has been timely
paid in full to the extent that such audit or examination relates to a Tax for which the
Company or any Company Subsidiary could be liable. Seller has made
available to Buyer documents setting forth the dates of the most recent audits or
examinations of each member of the TGWC Tax Group by any Governmental Authority in respect
of U.S. federal and material state and local Taxes for all taxable periods for which the
statute of limitation has not yet expired to the extent that such audit or examination
relates to a material Tax for which the Company or any Company Subsidiary could be liable.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) No Governmental Authority in any jurisdiction where the Company or any Subsidiary
of the Company does not file Tax Returns has made a claim in writing that the Company or any
Subsidiary of the Company is or may be subject to taxation by that jurisdiction.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) There are no unexpired agreements or waivers extending, or having the effect of
extending, the statute of limitations applicable to the assessment of any material Taxes for
which the Company or any of its Subsidiaries may be liable, and no member of the TGWC Tax
Group has requested any extension of time within which to file any Tax Return reflecting
Taxes for which the Company or its Subsidiaries may be liable, which Tax Return has not yet
been filed. No audit or examination by any Governmental Authority is currently ongoing, is
pending or, to the Knowledge of Seller, the Company or any Subsidiary, has been threatened
in writing with respect to any Tax Return filed or required to be filed by the Company or
any of its Subsidiaries. No assessment or any deficiency for any Tax of the Company or any
of its Subsidiaries has been proposed in writing or, to the Knowledge of Seller, is pending.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvi) Since January&nbsp;1, 2002, neither the Company nor any Subsidiary of the Company (i)
has been a member of an affiliated group filing consolidated Income Tax Returns under
Section&nbsp;1502 of the Code or any similar provision of state, local or foreign Law and (ii)
has had any liability for Taxes of any Person (other than the Company or any of its
Subsidiaries) under Treasury Regulations Section&nbsp;1.1502-6 or any similar provision of state,
local or foreign Law. Neither the Company nor any Subsidiary of the Company has any
liability for Taxes of any Person as transferee or successor or otherwise.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvii) The Company and each Subsidiary of the Company have substantially complied with
all applicable Laws relating to the withholding of Taxes, have, within the time and in the
manner prescribed by applicable Law, paid over to the appropriate Governmental Authority all
such Taxes that were withheld for all periods, and have substantially complied in all
respects with all information reporting and backup withholding requirements, including
maintenance of required records with respect thereto.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xviii) Seller has made available to Buyer for inspection (i)&nbsp;complete and correct
copies of all material Tax Returns of Seller Parent, Seller, the Company and each of the
Company&#146;s Subsidiaries for all taxable periods for which the applicable statute of
limitations has not yet expired, to the extent, in the case of Seller Parent and Seller,
that any such Tax Return that is a Non-Income Tax Return relates to Taxes attributable to
the Company or any of the Company&#146;s Subsidiaries and (ii)&nbsp;complete and correct copies of
all private letter rulings, revenue agent reports, information documents requests,
notices of proposed deficiencies, deficiency notices, protests, petitions, closing
agreements, settlement agreements, pending ruling requests, and any similar documents,
submitted by, received by, agreed to by or on behalf of or otherwise relating to Seller
Parent, Seller, the Company or any Subsidiary of the Company with respect to a taxable
period for which the applicable statute of limitations has not yet expired to the extent, in
the case of Seller Parent and Seller, that any such document relates to Taxes for which the
Company or any Company Subsidiary could be liable.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xix) <U>Schedule&nbsp;3.2(t)</U> sets forth each jurisdiction in which the Company or any
Subsidiary of the Company joins, has joined or is or has been required to join for any open
taxable period in the filing of any consolidated, combined or unitary Tax Return.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xx) No member of the TGWC Tax Group has ever constituted either a &#147;distributing
corporation&#148; or a &#147;controlled corporation&#148; within the meaning of Section 355(a) of the Code
with respect to a transaction described in Section&nbsp;355 of the Code.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xxi) No member of the TGWC Tax Group has participated in a &#147;listed transaction&#148; within
the meaning of Treasury Regulations Section&nbsp;1.6011-4(c)(3)(i)(A).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xxii) Neither Seller Parent nor Seller is a &#147;foreign person&#148; within the meaning of
Section&nbsp;1445 of the Code.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xxiii) None of the Company or any of its Subsidiaries will recognize any income or
gain (whether or not deferred) with respect to, or as a result of, the Pre-Closing
Transactions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(u)&nbsp;Absence of Changes or Events</B>. Since December&nbsp;31, 2010, (i)&nbsp;each of the Company and its
Subsidiaries has conducted its businesses in the ordinary course and in a manner consistent with
past practice, and (ii)&nbsp;no event has occurred which, individually or in the aggregate, has had, or
would reasonably be expected to have, a Material Adverse Effect. Without limiting the generality
of the foregoing, except as set forth on <U>Schedule&nbsp;3.2(u)</U> and except as expressly
contemplated by this Agreement, since June&nbsp;30, 2011, neither the Company nor any of its
Subsidiaries has taken any actions or omitted to take any actions which, had such actions or
omissions occurred after the date of this Agreement and prior to the Closing, would have breached
any of the covenants contained in <U>Section&nbsp;4.2(b)</U> (other than <U>Section&nbsp;4.2(b)(ix)</U>).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(v)&nbsp;Compliance with Laws</B>. Except as otherwise set forth on <U>Schedule&nbsp;3.2(v)</U> hereto,
(i)&nbsp;the Company and each of its Subsidiaries, and at all times since September&nbsp;30, 2008 have been
in compliance, in all material respects with, all Laws applicable to their businesses, operations
and assets and (ii)&nbsp;none of Seller Parent, Seller, the Company or any of their respective
Affiliates has received any written notice of any material violation of any Laws by the Company or
any of its Subsidiaries. To the Knowledge of Seller, none of Seller, the Company or any of its
Subsidiaries is under investigation with respect to the violation or potential violation of any
Laws. The representations set forth in this <U>Section&nbsp;3.2(v)</U> shall not apply to
environmental
matters (which are addressed in <U>Section&nbsp;3.2(s)</U>), tax matters (which are addressed in
<U>Section&nbsp;3.2(t)</U>) or employee benefit matters (which are addressed in <U>Section
3.2(y)</U>).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(w)&nbsp;Licenses, Permits and Approvals</B>. The Company and each of its Subsidiaries possess all
material Permits necessary for the conduct of their respective businesses and operations and
ownership and use of the Company Properties (the &#147;<U>Company Permits</U>&#148;). The Company and its
Subsidiaries are in compliance in all material respects with the Company Permits, no proceeding is
pending or threatened to revoke any of the Company Permits, and none of the Seller Parent, Seller,
the Company and its Subsidiaries have received notice from any applicable Governmental Authority
that: (A)&nbsp;any existing Company Permit will be revoked or not re-issued on the same or similar
terms, (B)&nbsp;any pending application for any new Company Permit by the Company or any of its
Subsidiaries or renewal of any existing Company Permit will be denied, or (C)&nbsp;the permit holder is
in violation of any Company Permit. None of the Company or any of its Subsidiaries is subject to
regulation by the Federal Energy Regulatory Commission.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(x)&nbsp;Insurance</B>. <U>Schedule&nbsp;3.2(x)</U> sets forth all policies of fire, liability, business
interruption, or other material forms of third-party insurance maintained in respect of the Company
or any of its Subsidiaries or any of the Company Properties, including the name of the insurer, the
nature and the amount of coverage and the annual premiums with respect thereto and indicates the
extent to which such policies will be available to the Company and its Subsidiaries after the
Closing. <U>Schedule&nbsp;3.2(x)</U> also sets forth all bonds, including reclamation bonds, currently
in force with respect to the Company and its Subsidiaries and the Company Properties or its
operations issued in the name of the Company or any of its Subsidiaries. None of Seller, the
Company or any of their respective Affiliates has received any notice during the
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">current policy
period of an increase in premiums with respect to, or cancellation or non-renewal of, any of its
insurance policies, and none of Seller, the Company or any of the Company&#146;s Subsidiaries has made
any material claim against an insurance policy as to which the insurer is denying coverage or
defending the claim under a reservation of rights. The Company and its Subsidiaries are not in
default in any material respect under any insurance policy maintained by any of them.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(y)&nbsp;Employee Benefit Plans</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <U>Schedule&nbsp;3.2(y)(A)</U> lists all Employee Benefit Plans. With respect to each
Employee Benefit Plan, the Company has made available to Buyer, true and complete copies of,
to the extent applicable: (i)&nbsp;each plan document (or, if not written, a written summary of
its material terms) and any proposed amendments, (ii)&nbsp;all summary plan descriptions, (iii)
the two most recent annual reports (Form&nbsp;5500 series or equivalent if required under
applicable law), including all exhibits and attachments thereto, (iv)&nbsp;the most recent
determination or opinion letter, if any, issued by the IRS and any pending request for such
a letter, (v)&nbsp;any material correspondence with, and all non-routine filings made with any
Governmental Authority and (vi)&nbsp;the most recent audited financial statements and actuarial
or other valuation reports prepared with respect thereto. For all purposes of this
Agreement, an employee is a &#147;current&#148; employee if such individual is then actively at work,
on long or short-term disability leave, workers&#146; compensation leave or approved leave of
absence or is otherwise entitled to return to active employment with
the Company or its Subsidiaries pursuant to any applicable Law or regulation or
pursuant to the terms of any contract or collective bargaining or similar agreement. Each
Employee Benefit Plan has been maintained and administered in compliance, in all material
respects, with applicable Laws and in accordance with its terms. There are no pending or,
to the Knowledge of Seller, threatened claims or litigation with respect to any Employee
Benefit Plan, other than ordinary and usual claims for benefits by participants and
beneficiaries. <U>Schedule&nbsp;3.2(y)(B)</U> sets forth (i)&nbsp;the maximum aggregate amount
payable pursuant to the 2011 Performance Based Plan and (ii)&nbsp;a list of the individuals
eligible to receive the performance based awards issued thereunder.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) All contributions which are due from the Company or any of its Subsidiaries under
any Employee Benefit Plan have been paid to each such Employee Benefit Plan or accrued in
accordance with the past practice of the Company or such Subsidiary and generally acceptable
accounting principles. All premiums have been paid when due with respect to each Employee
Benefit Plan that is an employee welfare benefit plan (as defined in Section&nbsp;3(1) of ERISA).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Each Employee Benefit Plan that is intended to be qualified under Section 401(a)
of the Code, has received a favorable determination letter from the IRS as to its
qualification, and to Seller&#146;s Knowledge, nothing has occurred that could reasonably be
expected to adversely affect such qualification.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) None of the Company or any of its ERISA Affiliates has incurred or is reasonably
expected to incur any Liability under Title IV of ERISA that has not been satisfied in full.
&#147;<U>ERISA Affiliate</U>&#148; means a corporation which is or was at any time
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">a member of a
controlled group of corporations with the Company within the meaning of Section 414(b) of
the Code, a trade or business which is under common control with the Company within the
meaning of Section 414(c) of the Code, or a member of an affiliated service group with the
Company within the meaning of Sections 414(m) or (o)&nbsp;of the Code.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Neither the Company or any of its Subsidiaries or Seller, nor, to the Knowledge of
Seller, any other &#147;disqualified person&#148; or &#147;party in interest&#148; as defined in Section
4975(e)(2) of the Code and Section&nbsp;3(14) of ERISA, respectively, have engaged in any
transaction in connection with any Employee Benefit Plan that would reasonably be expected
to result in the imposition of a material penalty pursuant to Section 502(i) of ERISA,
damages pursuant to Section&nbsp;409 of ERISA, or a Tax pursuant to Section 4975(a) of the Code.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Except as set forth on <U>Schedule&nbsp;3.2(y)(vi)</U>, neither the execution and
delivery of this Agreement or any of the Ancillary Documents nor the consummation of the
transactions contemplated hereby and thereby (either alone or upon the occurrence of any
additional or subsequent events) will (i)&nbsp;result in any payment becoming due to any current
or former employee or director of the Company or any of its Subsidiaries, (ii)&nbsp;increase any
benefits under any Employee Benefit Plan,(iii) result in the acceleration of the time of
payment, vesting or funding of, or other rights in respect of, any benefits under any
Employee Benefit Plan, or (iv)&nbsp;result in any payment or benefit that will or
may be made by the Company or its Subsidiaries that may be characterized as an &#147;excess
parachute payment&#148; within the meaning of Section&nbsp;280G(b)(1) of the Code.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) Except as set forth on <U>Schedule&nbsp;3.2(y)(vii)</U>, no Employee Benefit Plan
provides for medical, life, or other welfare benefits to any former or current employee or
director of the Company or any of its Subsidiaries, or any spouse or dependent of any such
person, beyond retirement or other termination of employment (other than as required under
Code Section&nbsp;4980B, or similar state law).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) Each Employee Benefit Plan that constitutes in any part a nonqualified deferred
compensation plan within the meaning of Section&nbsp;409A of the Code and that is subject to
Section&nbsp;409A of the Code has been operated and maintained in all material respects in
operational and documentary compliance with Section&nbsp;409A of the Code and applicable guidance
thereunder during the respective time periods in which such operational or documentary
compliance has been required.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) None of the Company or any of its Subsidiaries has any material liability with
respect to any misclassification of any person as an independent contractor, temporary
employee, leased employee or any other servant or agent compensated other than through
reportable wages (as an employee) paid by Company or any of its Subsidiaries (each, a
&#147;<U>Contingent Worker</U>&#148;) and, to the Knowledge of the Company, no Contingent Worker has
been improperly excluded from any Employee Benefit Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(z)&nbsp;No Undisclosed Liabilities</B>. The Company and its Subsidiaries have no Liabilities, except
for (a)&nbsp;Liabilities reflected on the face of the liabilities section of the Interim
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Balance Sheet,
(b)&nbsp;Liabilities under agreements, contracts, commitments, licenses or leases that are not required
to be reflected on financial statements prepared in accordance with GAAP or the notes thereto, (c)
Liabilities that have been incurred after the date of the Interim Balance Sheet in the ordinary
course of business that individually or in the aggregate, have not had and would not reasonably be
expected to have a Material Adverse Effect, and (d)&nbsp;Liabilities set forth on <U>Schedule
3.2(z)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(aa)&nbsp;Brokers&#146; Fees</B>. Except for (i)&nbsp;Persons whose fees and expenses will solely be the
obligation of Seller and (ii)&nbsp;those Persons listed on <U>Schedule&nbsp;3.2(aa)</U>, none of Seller, the
Company or any of their respective Affiliates has retained any broker, investment banker or other
Person entitled to any commission or similar compensation in connection with this Agreement or the
transactions contemplated by this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(bb)&nbsp;Transactions with Related Persons</B>. Except as set forth on <U>Schedule&nbsp;3.2(bb)</U>, none
of Seller Parent, nor any employee, officer or manager of Seller Parent, the Company or any of the
Company&#146;s Subsidiaries, or any of its, his or her Affiliates or, in the case of any individual, any
member of his or her immediate family (each, a &#147;<U>Related Person</U>&#148;) (i)&nbsp;is, or during the past
three (3)&nbsp;years was, a party to any Contract or transaction (other than employment, severance or
benefit arrangements or plans disclosed pursuant to <U>Schedule&nbsp;3.2(y)(A)</U>) with the Company or
any of its Subsidiaries, (ii)&nbsp;owes any amount to the Company or any of its Subsidiaries nor does
the Company or any of its Subsidiaries owe any amount to, or has the Company or its Subsidiaries
committed to make any loan or extend or guarantee credit to
or for the benefit of any Related Person (other than travel or other business expense items
incurred in the ordinary course of business), (iii)&nbsp;owns any property or right, tangible or
intangible, that is used by the Company or any of its Subsidiaries, or (iv)&nbsp;is a party to any
Action against the Company or any of its Subsidiaries.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(cc)&nbsp;Bank Accounts; Powers of Attorney</B>. <U>Schedule&nbsp;3.2(cc)</U> sets forth a true and
complete list of (a)&nbsp;all bank accounts or safe deposit boxes under the control or for the benefit
of the Company or any of its Subsidiaries, (b)&nbsp;the names of all persons authorized to draw on or
have access to such accounts and safe deposit boxes and (c)&nbsp;all outstanding powers of attorney or
similar authorizations granted by Seller, the Company or any of its Subsidiaries.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(dd)&nbsp;Title Policy</B>. <U>Schedule&nbsp;3.2(dd)</U> sets forth a complete and correct list of (i)&nbsp;the
surveys of Real Property owned by the Company or any of its Subsidiaries and (ii)&nbsp;the title
policies in favor of the Company or any of its Subsidiaries issued by a nationally recognized title
insurance company covering Real Property owned by the Company or any of its Subsidiaries to the
extent in Seller&#146;s possession, and, to the extent in Seller&#146;s possession, copies of all documents
referenced as exceptions to title in any such title policy, if any. Seller has delivered or made
available to Buyer true and complete copies of the items identified on <U>Schedule&nbsp;3.2(dd)</U>
prior to the Signing Date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(ee)&nbsp;Government Contracts</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) <U>Schedule&nbsp;3.2(ee)(i)</U> sets forth a correct and complete list of all
Government Contracts held by the Company and its Subsidiaries as of the date hereof.
<U>Schedule&nbsp;3.2(ee)(i)</U> sets forth a correct and complete list of each unexpired bid or
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">proposal made to any Governmental Authority for which an award has not been issued, which,
if accepted or awarded, would lead to a Government Contract (&#147;<U>Government Bid</U>&#148;).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Except as set forth on <U>Schedule&nbsp;3.2(ee)(ii)</U>, with respect to each
Government Contract and Government Bid: (A)&nbsp;the Company and each of its Subsidiaries have
complied in all material respects with the terms and conditions of such Government Contract
or Government Bid, and the requirements of all applicable Laws (including the Federal
Acquisition Regulation (&#147;<U>FAR</U>&#148;)); (B)&nbsp;no Governmental Authority, prime contractor,
subcontractor or other Person has notified the Company or any of its Subsidiaries that the
Company or any of its Subsidiaries has breached or violated any applicable Law pertaining to
such Government Contract or Government Bid; (C)&nbsp;no written termination for convenience,
termination for default, cure notice or show cause notice pertaining to any Government
Contract or Government Bid is in effect or has been threatened; and (D)&nbsp;no cost incurred or
invoice rendered by the Company or any of its Subsidiaries has been disallowed (and neither
the Company nor any of its Subsidiaries has any reason to believe that any cost or invoice
will be disallowed).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Except as set forth on <U>Schedule&nbsp;3.2(ee)(iii)</U>, since June&nbsp;1, 2005: (A)&nbsp;to
Seller&#146;s Knowledge, none of the personnel of the Company or any of its Subsidiaries has been
debarred or suspended from doing business with any Governmental Authority; (B)&nbsp;there have
not been any, and there exist no, (1)&nbsp;material outstanding claims against
the Company or any of its Subsidiaries arising under or relating to any Government
Contract or Government Bid; (2)&nbsp;criminal allegations under the False Statements Act (18
U.S.C. &#167; 1001) or the False Claims Act (18 U.S.C. &#167; 287) or comparable state laws; and (3)
disputes between, the Company or any of its Subsidiaries and any Governmental Authority
under the Contract Disputes Act, or any other federal or state law or between the Company or
any of its Subsidiaries and any prime contractor, subcontractor or vendor arising under or
relating to any Government Contract or Government Bid; (C)&nbsp;none of the personnel of the
Company or any of its Subsidiaries have been under administrative, civil or criminal
investigation, or indictment by any Governmental Authority with respect to any alleged
irregularity, misstatement or omission arising under or relating to any Government Contract
or Government Bid, and neither the Company nor its Subsidiaries has conducted or initiated
any internal investigation or made a disclosure to any Governmental Authority, with respect
to any alleged irregularity, misstatement or omission arising under or relating to a
Government Contract or Government Bid; (D)&nbsp;the internal systems, practices and procedures
for estimating costs and pricing proposals and accumulating, recording, segregating,
reporting and invoicing costs of the Company and its Subsidiaries are in compliance in all
material respects with their respective obligations under the applicable Government
Contracts, including, where applicable, U.S. Government Cost Accounting Standards, and have
not been determined by any Governmental Authority or prime contractor not to be in
compliance in all material respects with any applicable Law; (E)&nbsp;neither the Company or any
of its Subsidiaries nor, to Seller&#146;s Knowledge, any of the personnel of the Company or its
Subsidiaries (1)&nbsp;has made any disclosure to any Governmental Authority pursuant to any
voluntary disclosure agreement or the FAR mandatory disclosure provisions or (2)&nbsp;has
evidence of a violation of federal criminal law involving the fraud, conflict of interest,
bribery, or gratuity
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">provisions found in Title 18 of the U.S. Code, a violation of the civil
False Claims Act, or a significant overpayment in connection with the award, performance, or
closeout of any Government Contract; or (3)&nbsp;has conducted an internal investigation with
respect to any such matter; and (F)&nbsp;neither the Company or any of its Subsidiaries nor, to
Seller&#146;s Knowledge, any of the personnel of the Company or its Subsidiaries has factual
knowledge that would provide a reasonable basis for or otherwise give rise to a claim for
fraud (as such concept is defined under the state or federal laws of the United States)
under the civil or criminal False Claims Acts against the Company, the Company&#146;s
Subsidiaries or any of their respective subcontractors, in connection with any Government
Contract or Government Bid.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) To the Seller&#146;s Knowledge, none of the Company or its Subsidiaries is party to (i)
any Contract with a prime contractor directly relating to a Contract between such prime
contractor and a Governmental Authority or (ii)&nbsp;any Contract with an upper-tier
subcontractor directly relating to a Contract between the ultimate prime contractor for such
upper-tier subcontractor and a Governmental Authority.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(ff)&nbsp;No FERC Jurisdictional Facilities. </B>None of Seller, Seller Parent, the Company, or any of
the Company&#146;s Subsidiaries or Affiliates owns or operates any pipeline facilities that are subject
to the jurisdiction of the Federal Energy Regulatory Commission.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(gg)&nbsp;Gary-Williams Retail Solutions. </B><U>Schedule&nbsp;3.2(gg)</U> sets forth a summary of the
assets held or owned by Gary-Williams Retail Solutions, Inc. and all Liabilities and Contracts to
which Gary-Williams Retail Solutions, Inc. is party to or otherwise bound. None of the Company&#146;s
revenues since January&nbsp;1, 2010 have been derived from Gary-Williams Retail Solutions, Inc.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(hh)&nbsp;Capital Expenditures. </B><U>Schedule&nbsp;3.2(hh)</U> sets forth the amounts of Capital
Expenditures made by the Company and its Subsidiaries on a monthly basis for the period commencing
on July&nbsp;1, 2011 and ending on September&nbsp;30, 2011.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 4<BR>
COVENANTS AND AGREEMENTS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;4.1 Covenants and Agreements of Buyer</B>. Buyer further covenants and agrees that:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Confidentiality</B>. The provisions of the Non-Disclosure Agreement, dated as of January&nbsp;6,
2010, as amended, between Buyer, Parent and the Company (the &#147;<U>Non-Disclosure Agreement</U>&#148;)
shall survive the execution and delivery of this Agreement and shall apply to any information
regarding the Company or any of its Subsidiaries disclosed to or obtained by Buyer, any of its
Affiliates or any of their respective Representatives in connection with the transactions
contemplated hereby, subject to the last sentence of this <U>Section&nbsp;4.1(a)</U>; <U>provided</U>
that Buyer and Buyer Parent shall be permitted to disclose information about the Company or its
Subsidiaries, after reasonable consultation with Seller, (i)&nbsp;direct or indirect financing sources
or potential direct or indirect financing sources in connection with the Debt
</DIV>


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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Financing, and/or
(ii)&nbsp;as required in connection with filings by Buyer or Buyer Parent with the SEC (including the
filing of a Current Report on Form 8-K by Buyer Parent on or prior to the Closing Date disclosing
the financial and other information of the Company included in any offering documents created in
connection with the Debt Financing), or as required to be made in order to comply with any
applicable Law or any listing agreement with, or the rules or regulations of, any securities
exchange on which securities of a Party or any of its Affiliates are listed or traded. Without
limiting the obligations of any Party pursuant to the Non-Disclosure Agreement, in the event that
the contemplated transactions under this Agreement are not consummated for any reason, Buyer will
promptly, upon the request of Seller or the Company, deliver to Seller a certification that all
Confidential Information (as defined in the Non-Disclosure Agreement) disclosed to or obtained by
Buyer, its Affiliates or their respective Representatives has been destroyed or returned to Seller,
subject to customary exceptions (and provided that information disclosed in connection with Buyer
and Buyer Parent&#146;s seeking Debt Financing need not be destroyed or returned). The terms of the
Non-Disclosure Agreement shall expire upon the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;References to Seller</B>. Subject to the provisions of <U>Section&nbsp;4.3(c)</U> (<I>Publicity</I>),
<U>Section&nbsp;4.3(e)</U> (<I>Financing</I>) and any applicable Law, each of the Company and Buyer agrees to
consult in advance, with respect to all references to Seller, any of its Affiliates (other than the
Company and its Subsidiaries), any of their respective assets, liabilities, businesses or
operations, or any of their respective Representatives or to any of the transactions contemplated
by this Agreement that are to be contained in any publicly filed or released document, any
document filed with any Governmental Authority or in any financing or other offering memorandum
(whether or not publicly filed). The provisions of this <U>Section&nbsp;4.1(b)</U> shall apply prior
to, as of and following the Closing Date and this <U>Section&nbsp;4.1(b)</U> shall survive the Closing
or the termination of this Agreement. Notwithstanding the foregoing, once the transaction or
information related thereto has been publicly disclosed once, no consultation shall be required to
disclose the same or similar information again at another time.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;Continuing Officer and Director Indemnification</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Buyer agrees to cause the Company to ensure, and the Company immediately following
the Closing shall ensure, that all rights to indemnification and advancement of expenses now
existing in favor of any individual who, at or prior to the Closing Date, was a director or
officer of the Company or any of its Subsidiaries or who, at the request of the Company or
any of its Subsidiaries, served as a director, officer, member, trustee or fiduciary of
another corporation, partnership, joint venture, trust, pension or other employee benefit
plan or enterprise (collectively, with such individual&#146;s heirs, executors or administrators,
the &#147;<U>Indemnified Persons</U>&#148;), as provided in the respective governing documents and
indemnification agreements to which the Company or any of its Subsidiaries is a party, shall
survive the Closing and shall continue in full force and effect for a period of not less
than six (6)&nbsp;years from the Closing Date and the indemnification agreements and the
provisions with respect to indemnification and limitations on liability set forth in such
charters and by-laws shall not be amended, repealed or otherwise modified (unless required
by law) in a manner that is adverse to any such Person; <U>provided</U>, <U>that</U> in
the event any claim or claims are asserted or made within such six (6)&nbsp;year period, all
rights to indemnification and advancement of
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">expenses in respect of any such claim or claims
shall continue until final disposition of any and all such claims.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The obligations of Buyer and the Company under this <U>Section&nbsp;4.1(c)</U> shall
survive the Closing and shall not be terminated or modified in such a manner as to affect
adversely any Indemnified Person to whom this <U>Section&nbsp;4.1(c)</U> applies without the
consent (which consent shall not be unreasonably withheld or delayed) of such affected
Indemnified Person (it being expressly agreed that the Indemnified Persons to whom this
<U>Section&nbsp;4.1(c)</U> applies shall be third-party beneficiaries of this <U>Section
4.1(c)</U>, each of whom may enforce the provisions of this <U>Section&nbsp;4.1(c)</U>).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) In the event Buyer, the Company or any of their respective successors or assigns
(A)&nbsp;consolidates with or merges into any other Person and shall not be the continuing or
surviving corporation or entity in such consolidation or merger or (B)&nbsp;transfers all or
substantially all of its properties and assets to any Person, then, and in either such case,
proper provision shall be made so that the successors and assigns of Buyer or the Company,
as the case may be, shall assume all of the obligations set forth in this <U>Section
4.1(c)</U>. The agreements and covenants contained herein shall not be deemed to be
exclusive of any other rights to which any current or former officer or director of the
Company and its Subsidiaries is entitled, whether pursuant to Law, contract or otherwise.
Nothing in this Agreement is intended to, shall be construed to or shall release,
waive or impair any rights to directors&#146; and officers&#146; insurance claims under any
policy that is or has been in existence with respect to the Company or its officers,
directors and employees, it being understood and agreed that the rights provided for in this
<U>Section&nbsp;4.1(c)</U> are not prior to, or in substitution for, any such claims under any
such policies.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Nothing in this <U>Section&nbsp;4.1(c)</U> shall require Buyer or the Company to
indemnify any Indemnified Person hereunder for any Losses for which Seller has agreed to
indemnify Buyer pursuant to this Agreement or the Ancillary Documents, including <U>Section
9.2</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d)&nbsp;Employees</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Buyer shall cause the Company or its Subsidiaries to provide employment to all
employees who are represented by the International Union of Operating Engineers AFL-CIO and
who remain employees of Wynnewood Refining immediately prior to the Closing (the
&#147;<U>Represented Employees</U>&#148;) on the terms and subject to the conditions set forth in the
Labor Agreement, as amended from time to time.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Buyer shall, at least ten (10)&nbsp;Business Days prior to the Closing Date, provide
Seller with a list of the Non-Represented Employees employed directly by the Company whom
Buyer intends to retain for a period on and following the Closing Date. Any such employees
that elect to continue employment with the Company following the Closing Date, together with
all Non-Represented Employees employed directly by Wynnewood Refining, are referred to
herein as &#147;<U>Continuing Employees</U>&#148;.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) During the period commencing at the Closing Date and ending on the date which is
twelve (12)&nbsp;months from the Closing Date, Buyer shall, and shall cause the Company to
provide the Continuing Employees with (A)&nbsp;base salary or hourly wages which are no less than
the base salary or hourly wages provided by Wynnewood Refining to such employees immediately
prior to the Closing, (B)&nbsp;target bonus opportunities, if any, which are no less than the
target bonus opportunities provided by Wynnewood Refining to such employees immediately
prior to the Closing and (C)&nbsp;employee benefits that are no less favorable in the aggregate
than those provided by Wynnewood Refining, to such employees immediately prior to the
Closing. Notwithstanding the foregoing, Seller hereby expressly acknowledges that Buyer may
terminate the employment of any Continuing Employee at any time with or without cause.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) With respect to any employee benefit plan maintained by Buyer or its Subsidiaries
(collectively, &#147;<U>Buyer Benefit Plans</U>&#148;) in which any Continuing Employee will
participate effective as of the Closing, Buyer shall, or shall cause the Company or
Wynnewood Refining, as the case may be, to recognize all service of the Continuing Employees
with Wynnewood Refinery or the Company, as applicable, as if such service were with Buyer,
for vesting and eligibility purposes in any Buyer Benefit Plan in which such Continuing
Employee may be eligible to participate after the Closing; <U>provided</U>,
<U>however</U>, that such service shall not be recognized to the extent that (x)&nbsp;such
recognition would result in a duplication of benefits, (y)&nbsp;such service was not recognized
under the corresponding Employee Benefit Plan the Continuing Employees was covered under
prior to the Closing or (z)&nbsp;such service would not be recognized had such service been
with Buyer.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Buyer hereby agrees and covenants to pay all performance based awards pursuant to
the 2011 Performance Based Plan in the amount set forth on the Closing Statement (annualized
as necessary), regardless of whether the employee due the award is employed by the Company
or any of its Subsidiaries at the time payment is due. Such payment shall be made no later
than March&nbsp;15, 2012.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e)&nbsp;Replacement of Seller Guarantees and Security</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Prior to the Closing, Buyer shall cooperate with Seller and use commercially
reasonable efforts, but shall not be required to pay any amounts, in order to (x)&nbsp;replace
the guarantees, equipment leases, indemnities, letters of credit, letters of comfort, surety
bonds, bid bonds, performance bonds and other obligations set forth on <U>Schedule
4.1(e)(i)</U> obtained or issued by the Company or any of its Subsidiaries by which Seller
is bound (collectively, the &#147;<U>Seller Guarantees</U>&#148;), and (y)&nbsp;cause Seller to be fully
released and discharged with respect thereto. With respect to any Seller Guarantees with
respect to which Seller is not fully released and discharged as of the Closing, Buyer shall
use its commercially reasonable efforts to cause Seller to be fully released and discharged
from any obligations thereunder as promptly as practicable following the Closing.
Notwithstanding the foregoing provisions of this <U>Section&nbsp;4.1(e)</U>, prior to the
Closing, Buyer will not contact any party to any Seller Guarantee or any underlying
obligation without the prior consent of Seller (which consent shall not be unreasonably
withheld, conditioned or delayed).
</DIV>


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</DIV>



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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) From and after the Closing, Buyer and the Company shall jointly and severally
indemnify and defend Seller for and hold Seller harmless from and against, and pay and
reimburse Seller, or any Affiliate thereof, for (A)&nbsp;any payment by, or any other Liability
of, Seller under any such Seller Guarantee, including any draw made by any beneficiary of
any letter of credit or surety bond constituting a Seller Guarantee after the Closing Date
or (B)&nbsp;any action, suit, claim, investigation or proceeding, whether involving a court of
law, administrative body, Governmental Authority, arbitrator, or alternative dispute
resolution mechanism arising out of or relating to any Seller Guarantee arising after the
Closing Date. Any payment required to be made by Buyer under this <U>Section
4.1(e)(ii)</U> shall be made within ten (10)&nbsp;Business Days of Buyer&#146;s receipt of written
notice from Seller describing in reasonable detail the amount then due. For avoidance of
doubt, the indemnity set forth in this <U>Section&nbsp;4.1(e)(ii)</U> shall not be subject to
the Indemnification Threshold, the De Minimis Threshold or the Cap Amount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(f)&nbsp;Use of Name and Trademark</B>. Buyer shall promptly, but in any event within six (6)&nbsp;months
following the Closing Date, (i)&nbsp;cause the Company to change its name, and (ii)&nbsp;cause the Company
and the Subsidiaries to discontinue the use of the name &#147;Gary-Williams Energy Corporation&#148;, any
similar or derivative name, or the Assigned Trademarks, including on any signage, marketing
materials, documents, agreements, letterhead or otherwise.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section 4.2 Covenants and Agreements of Seller and the Company</B>. Seller and the Company further covenant
and agree that until Closing:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Access to Information</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) From the date hereof until the Closing Date, Seller shall and shall cause the
Company and its Subsidiaries to, (a)&nbsp;afford Buyer, Buyer&#146;s Representatives, Buyer&#146;s
potential financing sources and their respective Representatives full and free access,
during normal business hours and upon reasonable notice, to and the right to inspect all of
the Real Property, properties, assets, premises, books and records, Material Contracts and
other documents and data related to the Company and its Subsidiaries; (b)&nbsp;furnish Buyer,
Buyer&#146;s Representatives, Buyer&#146;s potential financing sources and their respective
Representatives with such financial, operating and other data and information related to the
Company and its Subsidiaries as they may reasonably request; (c)&nbsp;cooperate with Buyer,
Buyer&#146;s Representatives, Buyer&#146;s potential financing sources and their respective
Representatives in their investigation of the Company, its operations and the operations of
any of its Subsidiaries; (d)&nbsp;provide reasonable access to the properties, assets, premises,
books and records of the Company and its Subsidiaries as necessary for transitional
purposes; and (e)&nbsp;provide reasonable access to representatives of the International Union of
Operating Engineers and its local 351 and key employees of the Company, its Subsidiaries and
its Affiliates. Any investigation, information request or transition planning conducted
pursuant to this <U>Section&nbsp;4.2(a)(i)</U> shall be conducted in such a manner as not to
interfere unreasonably with the operation of the business of the Company, Seller or any of
their respective Subsidiaries.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Buyer&#146;s right to enter onto the Real Property shall be at Buyer&#146;s sole risk and
expense. Other than claims of gross negligence or willful misconduct,
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Buyer waives and
releases all claims against Seller, the Company and their respective Affiliates, directors,
officers, employees and agents, for any injury to or death of any persons or damage to any
property as a result of (i)&nbsp;the exercise of any inspection right granted to Buyer or (ii)
the activities performed by Buyer, Buyer&#146;s Representatives, Buyer&#146;s potential financing
sources and their respective Representatives pursuant to <U>Section&nbsp;4.2(a)(i)</U>; and
Buyer shall release, defend, indemnify and hold harmless Seller, the Company and their
respective Affiliates, directors, officers, employees and agents, from and against any
losses, claims, Liens or other encumbrances for any injury to or death of any persons or
damage to any property occurring in, on or about the Real Property as a result of such
exercise of rights herein granted or activities undertaken by Buyer, Buyer&#146;s
Representatives, Buyer&#146;s potential financing sources and their respective Representatives.
For avoidance of doubt, the indemnity set forth in this <U>Section&nbsp;4.2(a)(ii)</U> shall not
be subject to the Indemnification Threshold, the De Minimis Threshold or the Cap Amount.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) During the period from the date hereof through the Closing Date, within thirty
(30)&nbsp;days after the end of each calendar month beginning with the calendar month ending
October&nbsp;31, 2011, Seller shall or shall cause the Company to, furnish to Buyer an unaudited
monthly consolidated balance sheet of the Company as of the end of the month then ended and
related consolidated statements of income, changes in equity and cash flows for such month
and for the period from January&nbsp;1, 2011, in each case prepared in accordance with GAAP
applied on a basis consistent with prior periods, with the exception that no notes need be
attached to such statements.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) As promptly as practicable after the Signing Date, Seller shall or shall cause the
Company to furnish to Buyer an unaudited consolidated balance sheet of the Company as of
September&nbsp;30, 2011 and related statements of income, changes in equity and cash flow for the
nine (9)&nbsp;months ended September&nbsp;30, 2011 and September&nbsp;30, 2010, prepared in accordance with
GAAP applied on a basis consistent with prior periods. If the Closing has not occurred on
or prior to February&nbsp;12, 2012, within forty-five (45)&nbsp;days of such date, Seller shall or
shall cause the Company to furnish to Buyer an audited consolidated balance sheet of the
Company as of December&nbsp;31, 2011 and related statements of income, changes in equity and cash
flows for the twelve (12)&nbsp;months ended December&nbsp;31, 2011, December&nbsp;31, 2010 and December&nbsp;31,
2009.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) For a period of five (5)&nbsp;years after the Closing Date, Seller and its Affiliates
shall provide Buyer Parent and Buyer and their Representatives reasonable access during
regular business hours and upon reasonable prior notice to all business records relating to
periods prior to the Closing Date if reasonably required by Buyer or the Company in
connection with any third party litigation or the preparation of any financial statements
that include the financial results of all or part of the Company, its Subsidiaries or their
businesses or operations for any period prior to the Closing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;Ordinary Course of Business</B>. Except as otherwise expressly contemplated by this Agreement
(including the Pre-Closing Transactions), as required by
applicable Law, or as set forth on <U>Schedule&nbsp;4.2(b)</U>, the Company shall, and shall cause
each of its Subsidiaries to, during the period from the Signing Date until the Closing Date,
conduct its
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;business in the ordinary course of business consistent with past practice (including by
effecting, prior to the Closing Date, the previously planned November&nbsp;2011 shutdown, including the
#2 vacuum unit, #2 crude unit, DHT and CCR), and, to the extent consistent therewith, the Company
shall, and shall cause each of its Subsidiaries to, use commercially reasonable efforts to keep
available the services of its and its Subsidiaries&#146; current officers and employees, and to preserve
its and its Subsidiaries&#146; present relationships with customers, suppliers, distributors, licensors,
licensees and other Persons having business relationships with it and preserve the goodwill and
going operations of its business. Without limiting the generality of the foregoing, between the
Signing Date and the Closing Date, except as otherwise expressly contemplated by this Agreement, or
as set forth on <U>Schedule&nbsp;4.2(b)</U>, or as required by applicable Law, the Company shall not,
nor shall it permit any of its Subsidiaries to, without the prior written consent of Buyer (which
consent shall not be unreasonably withheld, conditioned or delayed):
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) amend or propose to amend its or its Subsidiaries certificates of incorporation,
by-laws or similar governance documents;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) split, combine or reclassify any of its Equity Securities or Equity Securities of
any of its Subsidiaries;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) repurchase, redeem or otherwise acquire, or offer to repurchase, redeem or
otherwise acquire, any of its Equity Securities or Equity Securities of any of its
Subsidiaries;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) issue, sell, pledge, dispose of or cause any Lien to exist on any of its Equity
Securities or Equity Securities of any of its Subsidiaries or form or incorporate any new
Subsidiaries;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) except as required by applicable Law or by any agreement in effect as of the date
of this Agreement, (A)&nbsp;make any policy or program that would be an Employee Benefit Plan,
(B)&nbsp;increase the compensation payable or that could become payable by the Company or any of
its Subsidiaries to directors, officers or employees, other than increases in compensation
to employees made in the ordinary course of business consistent with past practice, (C)
enter into, establish or adopt any new, amend in any material respect, or terminate any
plan, agreement, policy or program that would be an Employee Benefit Plan; or (D)&nbsp;promote
any officers or employees, except in connection with the Company&#146;s annual or quarterly
compensation review cycle or as the result of the termination or resignation of any officer
or employee;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) acquire, by merger, consolidation, acquisition of stock or assets, or otherwise,
any business or Person or division thereof or make any loans, advances or capital
contributions to or investments in any Person in excess of $500,000 in the aggregate (other
than intercompany transactions between the Company and its Subsidiaries);
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) (A)&nbsp;transfer, license, sell, pledge, lease or otherwise dispose of any assets
(whether by way of merger, consolidation, sale of stock or assets, non-cash dividend or
otherwise), including the Equity Securities of the Company or of any
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Subsidiary of the Company, provided that the foregoing shall not prohibit the Company and its Subsidiaries
from transferring, licensing, selling, leasing or disposing of obsolete equipment or assets
being replaced, in each case in the ordinary course of business consistent with past
practice, or (B)&nbsp;adopt or effect a plan of complete or partial liquidation, dissolution,
restructuring, recapitalization or other reorganization;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) repurchase, prepay or incur any Indebtedness or guarantee any such Indebtedness
of another Person, issue or sell any debt securities or options, warrants, calls or other
rights to acquire any debt securities of the Company or any of its Subsidiaries, guarantee
any debt securities of another Person, enter into any &#147;keep well&#148; or other agreement to
maintain any financial statement condition of any other Person (other than any Subsidiary of
the Company) or enter into any arrangement having the economic effect of any of the
foregoing, except (A)&nbsp;in connection with the financing of ordinary course trade payables
consistent with past practice and (B)&nbsp;prepayment of amounts due under the Term Loan
Agreement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) enter into or amend or modify in any material respect, or consent to the
termination of (other than at its stated expiry date), any Material Contract or any other
agreement that, if in effect as of the date hereof would constitute a Material Contract;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) institute, settle or compromise any Actions pending or threatened before any
arbitrator, court or other Governmental Authority involving the payment of monetary damages
by the Company or any of its Subsidiaries of any amount exceeding $500,000, individually, or
$1,000,000 in the aggregate, other than any Action brought against Buyer arising out of a
breach or alleged breach of this Agreement by Buyer;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) make any material change in any method of financial accounting principles or
practices, in each case except for any such change required by a change in GAAP or
applicable Law;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) (A)&nbsp;settle or compromise any material Tax claim, audit or assessment, (B)&nbsp;revoke
or change its status for U.S. federal income tax purposes as a QSub within the meaning of
1361(b)(3) of the Code and within the meaning of analogous state and local provisions, (C)
make, revoke or change any material Tax election, change any annual Tax accounting period,
or adopt or change any method of Tax accounting, (D)&nbsp;amend any material Tax Returns or file
claims for material Tax refunds, or (E)&nbsp;enter into any material closing agreement, surrender
in writing any right to claim a material Tax refund, offset or other reduction in Tax
Liability or consent to any extension or waiver of the limitation period applicable to any
material Tax claim or assessment relating to the Company or its Subsidiaries;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) enter into any material agreement, agreement in principle, letter of intent,
memorandum of understanding or similar agreement with respect to any joint venture,
strategic partnership or alliance;
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) enter into any negotiation in respect of any collective bargaining agreement or
other collective agreement with respect to employees;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xv) cancel or reduce or allow to lapse any insurance covering the Company or its
Subsidiaries;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvi) enter into any Contract with a Related Person;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xvii) change its fiscal year;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xviii) incur any obligations under, or associated with, any hedging, interest rate or
currency protection, or swap agreements (including any associated unrealized Losses); or
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xix) agree or commit to do any of the foregoing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;Replacement of Company Guarantees</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Prior to the Closing, Seller and the Company shall cooperate with Buyer and use
commercially reasonable efforts, but shall not be required to pay any amounts (except to the
extent Buyer agrees in writing to reimburse Seller or the Company for any such amounts), in
order to (x)&nbsp;replace the guarantees, equipment leases, indemnities, letters of credit,
letters of comfort, surety bonds, bid bonds, performance bonds and other obligations
obtained or issued by Seller or any of its Affiliates (other than the Company and its
Subsidiaries) by which the Company or any of its Subsidiaries is bound (collectively, the
&#147;<U>Company Guarantees</U>&#148;), and (y)&nbsp;cause the Company or its Subsidiaries, as applicable,
to be fully released and discharged with respect thereto. With respect to any Company
Guarantees with respect to which the Company or any of its Subsidiaries is not fully
released and discharged as of the Closing, Seller shall use its commercially reasonable
efforts to cause the Company and its Subsidiaries, as applicable, to be fully released and
discharged from any obligations thereunder as promptly as practicable following the Closing.
Notwithstanding the foregoing provisions of this <U>Section&nbsp;4.2(c)</U>, after the Closing,
Seller will not contact any party to any Company Guarantee or any underlying obligation
without the prior consent of Buyer (which consent shall not be unreasonably withheld,
conditioned or delayed).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) From and after the Closing, Seller Parent and Seller shall indemnify and defend
the Company and its Subsidiaries for and hold the Company and its Subsidiaries harmless from
and against, and pay and reimburse the Company, its Subsidiaries, or any of their respective
Affiliates, for (A)&nbsp;any payment by, or any other Liability of, the Company or any of its
Subsidiaries under any such Company Guarantee, including any draw made by any beneficiary of
any letter of credit or surety bond constituting a Company Guarantee after the Closing Date
or (B)&nbsp;any action, suit, claim, investigation or proceeding, whether involving a court of
law, administrative body,
Governmental Authority, arbitrator, or alternative dispute resolution mechanism arising
out of or relating to any Company Guarantee arising after the Closing Date. Any payment
required to be made by Buyer under this <U>Section&nbsp;4.2(c)(ii)</U> shall be made within ten
(10)&nbsp;Business Days of Seller&#146;s receipt of written notice from Buyer describing in
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">reasonable detail the amount then due. For avoidance of doubt, the indemnity set forth in this
<U>Section&nbsp;4.2(c)(ii)</U> shall not be subject to the Indemnification Threshold, the De
Minimis Threshold or the Cap Amount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d)&nbsp;Insurance</B>. Prior to the Closing, Seller and the Company shall use commercially reasonable
efforts to cause any third party carriers who have underwritten insurance policies of Seller Parent
or Seller which provide insurance coverage to the business and operations of the Company and its
Subsidiaries to continue to make coverage available to the Company and its Subsidiaries following
the Closing Date for claims arising out of occurrences prior to the Closing Date. Seller and the
Company acknowledge the right of Buyer to access to the benefit of such insurance for such
pre-Closing occurrences. Following the Closing Date, Seller and Buyer shall cooperate with and
assist the other in issuing notices of claims under such insurance policies, presenting such claims
for payment and collecting insurance proceeds related thereto.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e)&nbsp;Exclusivity</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Prior to the Closing or until this Agreement is terminated in accordance with its
terms, Seller will not and will cause its Affiliates (including the Company and its
Subsidiaries) and any representatives or agents of the foregoing not to solicit, continue
inquiries, encourage, facilitate, initiate any contact, enter into discussions or
negotiations, furnish any information with respect to or enter into any Contract or other
instruments (whether or not binding) with any Person other than Buyer or its Affiliates
concerning the submission of any proposal or offer from any Person relating to any of the
following: (i)&nbsp;a liquidation, dissolution or recapitalization of, (ii)&nbsp;a merger or
consolidation with or into, (iii)&nbsp;an acquisition or purchase of any material assets of or
any material portion of the assets of, or any equity interest in, or (iv)&nbsp;any similar
transaction or business combination involving, in each case, Seller, the Company or its
Subsidiaries. Seller and the Company shall, and shall cause their respective Affiliates and
representatives and agents to, discontinue immediately any negotiations or discussions with
respect to any of the foregoing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) In addition to the other obligations under this <U>Section&nbsp;4.2(e)</U>, until this
Agreement is terminated in accordance with its terms, Seller shall promptly (and in any
event within two (2)&nbsp;Business Days after receipt thereof by Seller, the Company or any of
its Subsidiaries) advise Buyer orally and in writing of any proposal of the kind described
in <U>Section&nbsp;4.2(e)(i)</U> (including the proposed terms thereof), any request for
information with respect to any such proposal, or any inquiry with respect to or which could
result in a proposal of the kind described in <U>Section&nbsp;4.2(e)(i)</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(f)&nbsp;Assignment of Nondisclosure Agreements</B>. On the Closing Date, Seller shall and shall cause
its Affiliates to assign and delegate to the Company all of its rights and obligations under all
confidentiality and nondisclosure agreements between Seller or its
Affiliates (other than the Company and its Subsidiaries), on the one hand, and prospective
purchasers of the Company or its Subsidiaries, on the other hand, entered into in connection with
the sale of the Company or any of its Subsidiaries or the evaluation of such sale;
<U>provided</U>, <U>however</U>, that the foregoing shall not apply to (a)&nbsp;any right to protect
information relating to
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Seller and its Affiliates (other than the Company and its Subsidiaries) and
(b)&nbsp;any right to enforce non-solicitation covenants protecting the employees of Seller and its
Affiliates (other than the Continuing Employees).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(g)&nbsp;Release of Claims</B>. Effective as of the Closing, each of Seller Parent and Seller, on
behalf of itself and its Affiliates (other than the Company and its Subsidiaries) and each of its
and their respective officers, directors, employees, agents, successors and assigns (the
&#147;<U>Releasing Parties</U>&#148;), hereby releases, acquits and forever discharges the Company, its
Subsidiaries, and any and all of each of their successors and assigns, together with all their
present and former directors and officers (the &#147;<U>Released Parties</U>&#148;), from any and all manner
of claims, actions, suits, damages, demands and Liabilities whatsoever in law or equity, whether
known or unknown, liquidated or unliquidated, fixed, contingent, direct or indirect, including
under Contracts between Seller Parent, Seller and/or any of their Affiliates (other than the
Company and its Subsidiaries) and the Company and/or its Subsidiaries which the Releasing Party
ever had, has or may have against any of the Released Parties for, upon, or by reason of any
matter, transaction, act, omission or thing whatsoever arising under or in connection with any of
the Released Parties, from the beginning of time to and including the Closing Date, other than
obligations arising under this Agreement and the Ancillary Documents (the &#147;<U>Released
Obligations</U>&#148;). This release shall become effective only upon completion of the Closing and
prior to such date shall have no force or effect and shall not be legally binding on the parties.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(h)&nbsp;Notification of Certain Matters</B>. Seller agrees to notify Buyer in writing as promptly as
practicable upon Seller&#146;s, its Affiliates&#146; or any of their respective Representatives&#146; discovery of
any information on or prior to the Closing Date relating to (i)&nbsp;the operations (including the
financial condition, assets and properties) of the Company or any of its Subsidiaries which
constitutes (or would be reasonably likely to constitute) or indicates (or would be reasonably
likely to indicate) a breach of any representation, warranty or covenant of Seller Parent, Seller
or the Company contained herein or (ii)&nbsp;the commencement or threatened commencement of any Action
against the Company or any of its Subsidiaries.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(i)&nbsp;Confidentiality</B>. Following the Closing, Seller shall, and shall cause its Affiliates and
its Affiliates&#146; officers, directors, employees and agents (collectively, &#147;<U>Seller
Affiliates</U>&#148;) to, (i)&nbsp;maintain the confidentiality of, (ii)&nbsp;not use, and (iii)&nbsp;not divulge to
any Person, any confidential, non-public or proprietary information of the Company and its
Subsidiaries, except with the prior written consent of Buyer, or as may be required by Law;
<U>provided</U>, that Seller and the Seller Affiliates shall not be subject to such obligation of
confidentiality for information that (x)&nbsp;otherwise becomes lawfully available to Seller or the
Seller Affiliates after the Closing Date on a nonconfidential basis from a third party who is not
under an obligation of confidentiality to Buyer or the Company or (y)&nbsp;is or becomes generally
available to the public without breach of this Agreement by any of Seller or the Seller Affiliates.
If Seller or any Seller Affiliate shall be required by Law to divulge any such information, Seller
or such Seller Affiliate shall provide the Company with prompt written notice of each request so
that the Company may seek an appropriate protective order or other appropriate remedy, and Seller
or such Seller
Affiliate shall cooperate with the Company to obtain a protective order or other remedy;
<U>provided</U>, that, in the event that a protective order or other remedy is not obtained,
Seller or such Seller Affiliate shall furnish only that portion of such information which, in the
opinion of its counsel, Seller or such Seller Affiliate is legally compelled to disclose and shall
exercise its
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">commercially reasonable efforts to obtain reliable assurance that confidential
treatment will be accorded any such information so disclosed.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(j)&nbsp;No Transfer of Company Shares</B>. Prior to the Closing or until this Agreement is terminated
in accordance with its terms, Seller shall not sell, dispose of or create any Lien on any of the
Company Shares.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(k)&nbsp;Title Policy</B>. With respect to each parcel of Real Property owned by the Company or its
Subsidiaries for which no recent title insurance policy has been delivered under <U>Section
3.2(dd)</U>, if requested by Buyer, Seller shall use commercially reasonable efforts to cooperate
with Buyer to obtain a policy of title insurance (a &#147;<U>Title Insurance Policy</U>&#148;) issued by a
nationally recognized title insurance company insuring the good and marketable fee simple title of
the Company or its applicable Subsidiary in such parcel of Real Property. Seller shall use its
commercially reasonable efforts to deliver, or cause to be delivered, to any applicable title
company such surveys, certificates, acknowledgements or other documents as shall be reasonably
required by such title company in order for such title company to issue Title Insurance Policies
free of any and all Liens (other than Permitted Liens) and issue customary title endorsements.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(l)&nbsp;Employees</B>. Prior to the Closing, Seller shall transfer the employment of all employees of
the Company that are not Continuing Employees to Seller or one of its Affiliates other than the
Company or its Subsidiaries (the &#147;<U>Transferred Company Employees</U>&#148;). Seller shall indemnify
Buyer for all employee and employment related liabilities and obligations (whether arising under
Employee Benefit Plans or otherwise) with respect to the Transferred Company Employees whether
arising prior to, on, or following the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(m)&nbsp;Transaction Expenses</B>. The Company shall pay all Transaction Expenses prior to or as of
the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(n)&nbsp;Seller Parent&#146;s Retirement Plan</B>. Prior to the Closing, Seller, Seller Parent and Buyer
shall cooperate to determine the method of transferring or distributing the benefits of Continuing
Employees in The Gary Tax Advantaged Savings Program and Profit Sharing Plan.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;4.3 Joint Covenants and Agreements.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Consents of Others. </B>Subject to <U>Section&nbsp;4.3(b)</U>, each Party shall use its
commercially reasonable efforts prior to the Closing to take, or cause to be taken, all actions and
to do, or cause to be done, all things necessary, proper or advisable to consummate and make
effective as promptly as practicable the transactions contemplated hereby, to cooperate with the
other in connection with the foregoing, to obtain all authorizations, consents and permits required
of them to permit them to consummate the transactions contemplated by this Agreement
and to cooperate with the other in connection with the satisfaction of all conditions to the
Closing; <U>provided</U>, <U>however</U>, that none of Seller, Buyer or the Company shall be
required to file any lawsuit or take other legal action as against any third-party, make any
material amendment thereof or waive any material rights thereunder, or pay any material amount,
agree to any restriction or assume any obligation in connection therewith.
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;Antitrust Matters</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Each of Buyer Parent and Seller Parent, or any Affiliate of Buyer Parent or Seller
Parent, as applicable, shall promptly (and in any event, no later than November&nbsp;7, 2011)
file with the Federal Trade Commission and the Antitrust Division of the United States
Department of Justice a pre-merger notification in accordance with the HSR Act with respect
to the sale of the Company Shares. The Parties shall reasonably cooperate to expedite the
termination of the waiting period under the HSR Act. Each Party hereto shall promptly
inform the other of any material communication from the Federal Trade Commission, the United
States Department of Justice or any other Governmental Authority regarding any of the
transactions contemplated hereby and each shall keep the others apprised of the status
thereof. If any Party or any Affiliate thereof receives a request for additional information
or documentary material from any such Governmental Authority with respect to the
transactions contemplated hereby, then such Party will endeavor in good faith to make, or
cause to be made, as soon as practicable and after consultation with the other Party, an
appropriate response in compliance with such request. Buyer will advise Seller promptly in
respect of any understandings, undertakings or agreements (oral or written) which Buyer
proposes to make or enter into with the Federal Trade Commission, the United States
Department of Justice or any other Governmental Authority in connection with the
transactions contemplated hereby. Each Party shall, and each shall cause its Affiliates to,
use commercially reasonable efforts to furnish to the other such information and assistance
as the other may reasonably request in connection with its preparation of any filing or
submission which is necessary under the HSR Act or such other Laws or which is otherwise
requested by any Governmental Authority in the course of any review of the transactions
contemplated by this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Without limiting the generality of the foregoing, Buyer Parent and Buyer shall use
commercially reasonable efforts to resolve prior to the End Date, such objections, if any,
as may be asserted with respect to the transactions contemplated hereby under any Antitrust
Law and to obtain any clearance or approvals required under any Antitrust Law for the
consummation of the transactions contemplated by this Agreement. Notwithstanding the
foregoing or any other provision of this Agreement to the contrary, none of Seller Parent,
Seller, the Company or any of its Subsidiaries may, without the prior written consent of
Buyer, agree or consent to any divestitures, licenses, hold separate arrangements or similar
matters, including covenants affecting business or operating practices of or with respect to
the assets, operations or businesses of the Company or any of its Subsidiaries after the
Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Notwithstanding the foregoing or any other provision of this Agreement to the
contrary, nothing contained in this Agreement shall require or obligate
Buyer or any of its Affiliates to (i)&nbsp;defend against any administrative or judicial
action or proceeding instituted by a Governmental Authority challenging the proposed
transaction under any Antitrust Law; (ii)&nbsp;commence any litigation against any Governmental
Authority; (iii)&nbsp;agree or consent to any divestitures, licenses, hold separate arrangements
or similar matters, including covenants affecting business or operating practices of or with
respect to the assets, operations or businesses of Buyer Parent and its Subsidiaries
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(other than the Company and its Subsidiaries); or (iv)&nbsp;agree or consent to any divestitures,
licenses, hold separate arrangements or similar matters, including covenants affecting
business or operating practices of or with respect to the assets, operations or businesses
of the Company and its Subsidiaries if such actions, divestitures, licenses, arrangements or
similar matters, individually or in the aggregate, would, or would reasonably be expected to
have a material adverse effect on the business, assets, liabilities, results of operations,
or condition (financial or otherwise) on the Company and its Subsidiaries taken as a whole.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;Publicity</B>. During the period prior to the Closing, except as required by Law, the Parties
shall consult in advance of all public announcements in respect of the subject matter of this
Agreement. The content of any such announcements shall require the agreement of the Parties prior
to publication (such agreement not to be unreasonably withheld, conditioned or delayed);
<U>provided</U> that Buyer and Buyer Parent shall be permitted to disclose information in respect
of the subject matter of this Agreement, after reasonable consultation with Seller, (i)&nbsp;to direct
or indirect financing sources or potential direct or indirect financing sources in connection with
the Debt Financing, and/or (ii)&nbsp;as required in connection with filings by Buyer or Buyer Parent
with the SEC (including the filing of a Current Report on Form 8-K by Buyer Parent on or prior to
the Closing Date disclosing the financial and other information of the Company included in any
offering documents created in connection with the Debt Financing), or as required to be made in
order to comply with any applicable Law or any listing agreement with, or the rules or regulations
of, any securities exchange on which securities of a Party or any of its Affiliates are listed or
traded.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d)&nbsp;Transition Services Agreement; Transfer of Certain Assets</B>. &nbsp;On the Closing Date,
Buyer, Seller Parent and Seller shall enter into the transition services agreement
substantially in the form attached hereto as <U>Exhibit&nbsp;D</U> with Schedules thereto
reflecting services to be provided by Seller Parent to Buyer after Closing and the cost
thereof, such agreement to effective as of the Closing Date (such agreement, including
Schedules agreed to in accordance with the next sentence, the &#147;<U>Transition Services
Agreement</U>&#148;). Promptly after the date hereof, Buyer, Seller Parent and Seller shall
cooperate with each other to (i)&nbsp;identify the services from Seller and Seller Parent that
will be reasonably necessary for the conduct of the business and operation of the Company
and its Subsidiaries after the Closing, and (ii)&nbsp;prepare Schedules reflecting those services
and the charges for those services. The contents of Schedules, including the charges for
the services reflected thereon, shall be negotiated and agreed in good faith by Seller,
Seller Parent and Buyer, <U>provided</U> that the Parties agree that such charges shall be
determined by allocating an agreed portion of Seller Parent&#146;s overhead expenses to the
Company and its Subsidiaries, based on the proportion of the Transferred Employees&#146; time
that is to be spent on transition services, unless such
Transferred Employee has historically worked solely on matters relating to the Company
and its Subsidiaries, in which case the allocation shall be 100% to transition services (if
Buyer requests transition services from such Transferred Employee during any applicable
period).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Company currently owns certain furniture, fixtures and equipment, including,
without limitation, computer equipment and hardware (including an AS 400 IBM computer),
related software, furniture and office equipment located in
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">the Company&#146;s Denver, Colorado
office (such furniture, fixtures and equipment, the &#147;<U>GWEC Denver Equipment</U>&#148;). Use
by employees of Seller and Seller Parent of certain of the GWEC Equipment will by necessary
for Seller and Seller Parent to provide the services to Buyer under the Transition Services
Agreement. It is currently contemplated that the Company will retain ownership of all of
the GWEC Denver Equipment during the term of the Transition Service Agreement after which
the Company will transfer those portions of the GWEC Denver Equipment as the Parties
mutually agree to Seller Parent at a cash price equal to the fair market value thereof (or
such lesser price as the Parties agree). In addition, as promptly as practicable after the
end of the term of the Transition Services Agreement (or sooner, at the election of the
Company), the Company shall take all steps reasonably required to move the portions of the
GWEC Denver Equipment not transferred to Seller Parent to the Company&#146;s offices, it being
understood that the out-of-pocket costs and expenses associated with such move shall be
borne by the Company. The Parties shall cooperate to transfer to Seller Parent all
documents, data and other information that are not related to the business of the Company or
its Subsidiaries, including any data located on any computer equipment, hardware or other
GWEC Denver Equipment owned by the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e)&nbsp;Financing</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Seller Parent, Seller and the Company shall, and shall cause the Company&#146;s
Subsidiaries, accountants, consultants, legal counsel, officers and employees, to provide
Buyer Parent and Buyer and potential financing sources cooperation reasonably requested by
Buyer Parent and Buyer and potential financing sources in connection with the Debt Financing
(including, for the avoidance of doubt, any issuance of notes or exchange notes and any
incurrence of asset-based loans and commitments (including assistance with collateral audits
and due diligence examinations customary for asset-based financings)) and in connection with
Buyer Parent&#146;s compliance with SEC and New York Stock Exchange reporting obligations, which
cooperation shall be limited to (A)&nbsp;causing, upon reasonable advance notice by Buyer,
appropriate officers and employees of the Company and its Subsidiaries to participate
telephonically in a reasonable number of meetings, due diligence sessions and drafting
sessions related to any Debt Financing, giving due consideration to the needs of such
individual to operate their business, (B)&nbsp;reviewing and commenting upon materials for rating
agency presentations, offering documents, roadshow presentations, private placement
memoranda, offering memoranda, bank information memoranda and similar documents required in
connection with the Debt Financing and using commercially reasonable efforts to work with
Buyer in providing &#147;backup&#148; support for any statements related to the Company and its
Subsidiaries included in any of the foregoing, (C)&nbsp;providing
information relating to the Company and its Subsidiaries to the Debt Financing Sources
and to any underwriter, initial purchaser or placement agent in connection with the Debt
Financing and their respective counsel in substantially the form previously provided to
Buyer and Buyer Parent, (D)&nbsp;furnishing Buyer and its Debt Financing Sources as promptly as
practical with GAAP-compliant (1)&nbsp;audited consolidated financial statements for the Company
for 2008, 2009 and 2010 (including an audit opinion for each period that has not been
withdrawn and for which the Company has received no notice that withdrawal is under
consideration), (2)&nbsp;unaudited interim period financial statements for
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">the Company for the nine months ending September&nbsp;30, 2010 and 2011 which have been reviewed by the independent
accountant for the Company as provided in the Statement on Accounting Standards No.&nbsp;100 and
(3)&nbsp;such additional annual audited or unaudited interim financial statements that (i)&nbsp;would
be necessary for the financial statements delivered to Buyer and its Debt Financing Sources
pursuant to this clause (D)&nbsp;to be sufficiently current on each day during the Marketing
Period to satisfy the requirements of Rule&nbsp;3-12 of Regulation&nbsp;S-X to permit a registration
statement using such financial statements to be declared effective by the SEC on the last
day of the Marketing Period and (ii)&nbsp;that meet the requirements applicable to the financial
statements delivered pursuant to subclauses (1)&nbsp;and (2)&nbsp;of this clause (D) (all audited
annual and unaudited interim period financial statements delivered pursuant to this clause
(D)&nbsp;shall comply with GAAP, and the Company shall not have Knowledge of any facts which may
require the restatement of such financial statements for such financial statements to comply
with GAAP) (for purposes of clarification, on and after February&nbsp;12, 2012 the unaudited
interim financial statements of Seller will no longer be current and audited financial
statements of Seller as of December&nbsp;31, 2011 will need to be delivered pursuant to this
provision), (E)&nbsp;both before the Closing Date and, to the extent reasonably necessary to
allow Buyer or Buyer Parent to consummate a securities offering or comply with SEC
requirements, after the Closing Date, providing appropriate representations in connection
with the preparation of financial statements and other financial data of the Company and its
Subsidiaries and requesting accountants&#146; consents in connection with the use of the
Company&#146;s financial statements in offering documents, prospectuses, current reports on Form
8-K and other documents which are filed with the SEC, (F)&nbsp;using commercially reasonable
efforts to assist Buyer in connection with the preparation of pro forma financial
information and financial statements to the extent required by SEC rules and regulations or
necessary (or required by Buyer&#146;s financing sources) to be included in any offering
documents, (G)&nbsp;using commercially reasonable efforts to obtain customary accountants&#146;
comfort letters (including &#147;negative assurance&#148; comfort and including bring down procedures
for and concerning financial information for periods up to five (5)&nbsp;Business Days prior to
the closing date of the Debt Financing) to the extent reasonably necessary to allow Buyer or
Buyer Parent to consummate a securities offering or comply with SEC requirements; (H)&nbsp;using
commercially reasonable efforts to facilitate the pledging of collateral in connection with
any Debt Financing, including providing any available surveys or title insurance policies
and other documentation related to real estate collateral to the extent available to the
Company (it being understood that the Company shall not be required to execute any Contracts
prior to the Closing Date), (I)&nbsp;using commercially reasonable efforts to assist Buyer and
Buyer&#146;s auditors in connection with Buyer&#146;s efforts to make Seller&#146;s historical financial
statements compliant with Regulation
S-X and usable in SEC filings and in offering memoranda used in the Debt Financing,
(J)&nbsp;reviewing and commenting on Buyer&#146;s draft of a business description and &#147;Management&#146;s
Discussion and Analysis&#148; of Seller&#146;s financial statements to be included in offering
documents related to the Debt Financing, and (K)&nbsp;providing all documentation and other
information about the Company and each of its Subsidiaries as is required by applicable
&#147;know your customer&#148; and anti-money laundering rules and regulations including without
limitation the USA Patriot Act. Nothing in this <U>Section&nbsp;4.3(e)(i)</U> shall be
construed as requiring Seller Parent, Seller, the Company, or any of their respective
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">Subsidiaries, accountants, consultants, legal counsel, officers or employees, to (X)
participate in road shows or sessions with rating agencies; (Y)&nbsp;represent or warrant that
the financial statements provided pursuant to <U>Section&nbsp;4.3(e)(i)(D)</U>satisfy the
requirements of Regulation&nbsp;S-X, Form S-1 or any other requirements of the Securities Act,
the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated
thereto, or any other rule or regulation promulgated by the SEC (it being understood that
such financial statements still comply with GAAP); or (Z)&nbsp;to use any efforts in excess of
commercially reasonable efforts to cause the independent accountant for the Company to take
any action or issue any consent, comfort letter or other document.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) None of the Company or any of its Subsidiaries shall be required to bear any cost
or expense or to pay any commitment or other similar fee or make any other payment in
connection with the Debt Financing (&#147;<U>Company Debt Financing Fees</U>&#148;) except to the
extent Buyer agrees in writing to reimburse the Company or its Subsidiaries for any such
Company Debt Financing Fees. Buyer shall indemnify and hold harmless Seller Parent, Seller,
the Company, and each of their respective officers, directors, employees, agents,
Subsidiaries and Representatives, from and against any and all Losses, suffered or incurred
by them in connection with the arrangement of the Debt Financing (including any action taken
in accordance with this <U>Section&nbsp;4.3(e)</U>) and any information utilized in connection
therewith (other than historical information relating to the Company or its Subsidiaries
provided by the Company in writing specifically for use in the Debt Financing offering
documents), except in the case of the applicable indemnitee&#146;s gross negligence or willful
misconduct. Buyer shall, promptly upon request by Seller, reimburse Seller for all
documented and reasonable out-of-pocket costs incurred by Seller, the Company or its
Subsidiaries in connection with this <U>Section&nbsp;4.3(e)</U>, including all fees and expenses
associated with the review of the Company&#146;s interim financial statements by the Company&#146;s
independent accountant as provided in <U>Section&nbsp;4.3(e)(i)(D)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Buyer Parent and Buyer hereby (A)&nbsp;acknowledge and agree that the obtaining of the
Debt Financing, or any alternative financing, is not a condition to Closing and (B)&nbsp;reaffirm
their obligation to consummate the transactions contemplated by this Agreement, subject to
the terms of this Agreement, irrespective and independently of the availability of the Debt
Financing or any alternative financing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(f)&nbsp;Notification of Certain Matters</B>. Buyer agrees to notify Seller in writing as promptly as
practicable upon Buyer&#146;s discovery of any information on or prior to the Closing Date relating to
the operations (including the financial condition, assets and properties) of the Company or any of
its Subsidiaries which to the Knowledge of Buyer constitutes (or would be
reasonably likely to constitute) or indicates (or would be reasonably likely to indicate) a
breach of any representation, warranty or covenant of Seller or the Company contained herein.
Seller agrees to notify Buyer in writing as promptly as practicable upon Seller&#146;s, its Affiliates&#146;
or any of their respective Representatives&#146; discovery of any information on or prior to the Closing
Date relating to the operations (including the financial condition, assets and properties) of the
Company or any of its Subsidiaries which constitutes (or would be reasonably likely to constitute)
or indicates (or would be reasonably likely to indicate) a breach of any representation, warranty
or covenant of Seller or the Company contained herein. Any notifications pursuant to
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;this <U>Section&nbsp;4.3(f)</U> shall not affect Buyer&#146;s rights to indemnification pursuant to <U>ARTICLE
9</U> or amend the Disclosure Schedules or otherwise affect the conditions to closing set forth in
<U>Section&nbsp;5.3(a)</U> or the termination rights set forth in <U>Section&nbsp;11.3(d)</U>.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 5<BR>
CONDITIONS PRECEDENT TO THE CLOSING</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;5.1 Conditions Precedent to Each Party&#146;s Obligations</B>. The respective obligations of each of
Seller and Buyer to effect the transactions contemplated hereunder shall be subject to the
fulfillment or written waiver, at or prior to the Closing, of the following conditions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>No Action instituted by any Governmental Authority of competent jurisdiction shall be
pending and no statute, rule, order, decree or regulation and no injunction, order, decree or
judgment of any court or Governmental Authority of competent jurisdiction shall be in effect, in
each case that prohibits, restrains, enjoins or restricts the consummation of the transactions
contemplated herein.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Any applicable waiting period (and any extensions thereof) under the HSR Act shall have
expired or otherwise been terminated.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;5.2 Conditions Precedent to Seller&#146;s Obligations</B>. The obligations of Seller to effect the
transactions contemplated hereunder shall be subject to the fulfillment or written waiver by
Seller, at or prior to the Closing, of each of the following conditions:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Accuracy of Representations and Warranties</B>. The representations and warranties of Buyer
contained herein shall be true and correct (without regard to any materiality qualification
therein) as of the Signing Date and as of the Closing Date as though made at such time except (i)
for representations and warranties made as of a specified date, which shall be measured only as of
such specified date, and (ii)&nbsp;where the failure to be true and correct, individually or in the
aggregate, prevents Buyer&#146;s ability to perform its obligations under this Agreement or to
consummate the transactions contemplated hereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;Performance of Covenants</B>. Buyer shall have performed in all material respects its
obligations and complied in all material respects with its covenants and agreements required to be
performed or complied with on or prior to the Closing.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;Seller&#146;s Receipt of the Closing Documents</B>. Seller shall have received from Buyer the
Closing documents referred to in <BR>
<U>Section&nbsp;7.2(a)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;5.3 Conditions Precedent to Buyer&#146;s Obligations</B>. The obligations of Buyer to effect the
transactions contemplated hereunder shall be subject to the fulfillment or written waiver by Buyer,
at or prior to the Closing, of the following conditions:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Accuracy of Representations and Warranties</B>.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The representations and warranties of Seller contained in <BR>
<U>Section&nbsp;3.2(a)</U>
(<I>Due Organization, Qualification and Power</I>), <U>Section&nbsp;3.2(b)</U> (<I>Due Authorization</I>),
<U>Section&nbsp;3.2(c)</U> (<I>Enforceability</I>), <U>Section&nbsp;3.2(g)</U> (<I>Capitalization</I>),
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%"><U>Section&nbsp;3.2(h)</U> (<I>Title to Company Shares</I>), and <U>Section&nbsp;3.2(aa)</U> (<I>Brokers&#146;
Fees</I>) (collectively, the &#147;<U>Fundamental Representations</U>&#148;) shall be true and correct in
all respects (except for de minimis inaccuracies) as of the Signing Date and as of the
Closing Date (except for representations and warranties in such Section made as of a
specified date, which shall be measured only as of such specified date).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The representations and warranties of Seller in this Agreement other than the
Fundamental Representations shall be true and correct (without regard to any qualifications
as to materiality or Material Adverse Effect (or any correlative term) contained in such
representations and warranties) as of the Signing Date and as of the Closing Date except (i)
for representations and warranties made as of a specified date, which shall be measured only
as of such specified date, and (ii)&nbsp;where the failure to be true and correct (without regard
to any qualifications as to materiality or Material Adverse Effect (or any correlative term)
contained in such representations or warranties), individually or in the aggregate, has not
had, and would not reasonably be expected to have, a Material Adverse Effect.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;Performance of Covenants</B>. Seller and the Company shall have performed in all material
respects its obligations and complied in all material respects with its covenants and agreements
required to be performed or complied with on or prior to the Closing Date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;No Material Adverse Effect</B>. Since the Signing Date there shall not have been any Material
Adverse Effect or any event, occurrence, condition, fact, change, violation, discovery of
information, circumstance, state of facts, or effect that, individually or in the aggregate, has
had, or would reasonably be expected to have, a Material Adverse Effect.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d)&nbsp;Buyer&#146;s Receipt of the Closing Documents</B>. Buyer shall have received from Seller the
Closing documents referred to in <BR>
<U>Section&nbsp;7.2(b)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e)&nbsp;Pre-Closing Transactions</B>. The Pre-Closing Transactions shall have been consummated.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 6<BR>
PRE-CLOSING TRANSACTIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;6.1 Pre-Closing Transactions</B>. Seller shall cause the following transactions to take place before
the Closing Date (the &#147;<U>Pre-Closing Transactions</U>&#148;):
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>Gary-Williams Retail Solutions, Inc., a Delaware corporation wholly owned by the Company,
shall be transferred to or merged into Seller or an Affiliate of Seller in a transaction, and
pursuant to documentation, reasonably acceptable to Buyer (the &#147;<U>Gary-Williams Retail
Transfer</U>&#148;). At the time of the Gary-Williams Retail Transfer, the assets and liabilities of
Gary-Williams Retail Solutions, Inc. and Contracts to which Gary-Williams Retail Solutions, Inc. is
party to or otherwise bound shall consist of only to those described in <U>Schedule&nbsp;3.2(gg)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>The Company Airplane, and all Contracts (other than with respect to the Company Airplane
Debt to the extent paid off at Closing) and personnel associated therewith,
</DIV>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shall be transferred to Seller or an Affiliate of Seller in a transaction, and pursuant to documentation, reasonably
acceptable to Buyer.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>The trademarks identified on <U>Schedule&nbsp;3.2(o)</U> (the &#147;<U>Assigned Trademarks</U>&#148;)
shall be assigned to Seller or an Affiliate of Seller in a transaction, and pursuant to
documentation, reasonably acceptable to Buyer.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 7<BR>
CLOSING</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;7.1 Closing Date</B>. Subject to the satisfaction of the conditions set forth in <U>ARTICLE 5</U>
(or the waiver thereof by the party entitled to waive those conditions), the consummation of the
transactions contemplated by this Agreement (the &#147;<U>Closing</U>&#148;) shall take place at the offices
of Davis Graham &#038; Stubbs LLP, 1550 17<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;500, Denver, Colorado 80202, at
10:00&nbsp;a.m. (Eastern time) on a date to be specified by Seller and Buyer, which date shall be no
later than the two (2)&nbsp;Business Days after the satisfaction or waiver of each condition to the
Closing set forth in <U>ARTICLE 5</U> (other than conditions that by their nature are to be
satisfied at the Closing, but subject to the satisfaction or waiver of such conditions), unless
another time or date, or both, are agreed to in writing by Buyer and Seller. Notwithstanding the
immediately preceding sentence, if the Marketing Period has not ended at the time of the
satisfaction or waiver of the conditions set forth in <U>ARTICLE 5</U> (other than those
conditions that by their nature cannot be satisfied until the Closing, but subject to the
fulfillment or waiver of those conditions), then the Closing shall occur instead on the date
following the satisfaction or waiver of such conditions that is the earliest to occur of (a)&nbsp;any
Business Day before or during the Marketing Period as may be specified by Buyer on no less than
three (3)&nbsp;Business Days&#146; prior notice to Seller and (b)&nbsp;the final day of the Marketing Period, or
on such other date as is mutually agreeable to Buyer and Seller. The date on which the Closing
shall occur is referred to in this Agreement as the &#147;<U>Closing Date</U>&#148;.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;7.2 Deliveries at Closing</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Buyer&#146;s Execution and Delivery of Documents and Payment</B>. Buyer shall deliver or execute
and deliver, as the case may be, to Seller all of the following:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) An Officer&#146;s Certificate signed by a senior officer of Buyer confirming the matters
set forth in <U>Section&nbsp;5.2(a)</U> and <U>(b)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) A certificate certifying to Seller the incumbency of Buyer&#146;s officers and bearing
the authentic signatures of all such officers who have executed this Agreement or any other
agreement executed and delivered in connection herewith;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Payment to Seller of the Closing Date Payment Amount;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) A receipt, duly executed by Buyer, acknowledging receipt of the certificates
representing the Company Shares;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) A counterpart of the Escrow Agreement duly executed by Buyer; and
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) A counterpart of the Transition Services Agreement duly executed by Buyer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;Seller&#146;s Execution and Delivery of Documents and Payment</B>. Seller shall deliver or execute
and deliver, as the case may be, to Buyer all of the following:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Certificates of valid existence and good standing of the Company and each of its
Subsidiaries issued not earlier than two (2)&nbsp;days prior to the Closing;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Copies of the certificate of incorporation of each of the Company and any
Subsidiary certified by the Secretary of State of such entity&#146;s state of incorporation
issued not earlier than two (2)&nbsp;days prior to the Closing;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Copies of the bylaws of each of the Company and any Subsidiary certified by the
Secretary of such entity;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) An Officer&#146;s Certificate signed by a senior officer of Seller and the Company
confirming the matters set forth in <U>Section&nbsp;5.3(a)</U> and <U>(b)</U>;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) A certificate certifying to Buyer the incumbency of Seller&#146;s and the Company&#146;s
officers and bearing the authentic signatures of all such officers who have executed this
Agreement or any other agreement executed and delivered in connection herewith;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Written resignations, effective as of the Closing, of all of the Company&#146;s and
each of its Subsidiaries&#146; respective directors and officers to the extent requested by
Buyer;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) The Payoff Letters and the Confirmation Letter;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) A receipt for the Closing Date Payment Amount;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) The Company&#146;s, and each of its Subsidiary&#146;s, minute books, stock record books, all
similar corporate records and all corporate seals, if any, of the Company or its
Subsidiaries unless in the possession of the Company;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) One or more certificates duly endorsed by Seller and in proper form for transfer to
Buyer, or accompanied by duly executed stock powers, evidencing all of the Company Shares;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi) Such documents of further assurance reasonably necessary and typical for
transactions similar to the transactions contemplated hereby in order to complete the
transactions contemplated hereby;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii) A written certification conforming to the requirements of Treasury Regulations
Section&nbsp;1.1445-2(b)(2)(iv)(B) and acceptable to Buyer certifying that Seller Parent is not a
&#147;foreign person&#148; within the meaning of Section&nbsp;1445 of the Code;
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiii) A counterpart of the Escrow Agreement duly executed by Seller; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xiv) A counterpart of the Transition Services Agreement duly executed by Seller.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;7.3 Simultaneous Closing</B>. All actions taken at the Closing are to be part of a simultaneous
transaction, and no action is to be considered completed until all actions necessary to be
completed at the Closing have been completed.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 8<BR>
POST-CLOSING OBLIGATIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;8.1 Further Assurances</B>. Following the Closing, the Parties shall execute, acknowledge and
deliver, or cause to be executed, acknowledged and delivered, such instruments, and take such other
action, as may reasonably be necessary or advisable to carry out their obligations under this
Agreement and any of the documents to be executed in connection with the transactions to be
completed under this Agreement. Without limiting the generality of the foregoing, after the
Closing, to the extent reasonably requested by the Company and at the Company&#146;s cost and expense,
Seller and Seller Parent shall cooperate with the Company in connection with any Action to which
the Company, Buyer or any of their respective Affiliates may become subject relating to pre-Closing facts,
circumstances and events in which the Company or any of its Subsidiaries may have been involved.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;8.2 Cooperation Regarding Pre-Closing Transactions</B>. If the Pre-Closing Transactions have not been
consummated and Buyer has waived the consummation of the Pre-Closing Transactions as a condition to
Closing pursuant to <U>Section&nbsp;5.3</U>, the Parties hereby agree to use commercially reasonable
efforts to consummate the Pre-Closing Transactions promptly after the Closing Date. All costs,
fees, charges and expenses incurred by Buyer, Buyer Parent, the Company or any Subsidiary of the
Company in connection with consummating any Pre-Closing Transactions after the Closing shall be
borne by Seller. Seller shall indemnify and hold harmless Buyer Parent, Buyer, the Company, and
each of their respective officers, directors, employees, agents, Subsidiaries and Representatives,
from and against any and all Losses, suffered or incurred by them in connection with consummating
any Pre-Closing Transactions after the Closing. Seller shall, promptly upon request by Buyer,
reimburse Buyer for all documented and reasonable out-of-pocket costs incurred by Buyer Parent,
Buyer, the Company or the Company&#146;s Subsidiaries or their respective Affiliates in connection with
this <U>Section&nbsp;8.2</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;8.3 Seller Funds. </B>Seller and Seller Parent agree to hold, for a period of two years following the
Closing Date (except to the extent that claims for indemnification have been made prior to such
date), in the aggregate, amounts reasonably anticipated to be required to pay any obligation
pursuant to this Agreement, including any Post-Closing Adjustment Amount and any amounts required
to satisfy any potential claims pursuant to <U>ARTICLE 9</U>, <U>provided</U>, <U>however</U>,
that the Seller and Seller Parent shall not be obligated to hold amounts in excess of $26,250,000
with respect to claims pursuant to <U>ARTICLE 9</U> unless and until it is reasonably likely that
there may potentially be claims pursuant to <U>ARTICLE 9</U> which are not subject to the
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">limitations contained in <U>ARTICLE 9</U> and exceed such amount. For the avoidance of doubt,
this <U>Section&nbsp;8.3</U> in no way affects Buyer&#146;s rights to indemnification as set forth in this
Agreement.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 9<BR>
INDEMNIFICATION</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.1 Survival of Representations, Warranties, Covenants and Agreements</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>The representations and warranties contained in this Agreement other than the
representations and warranties in <U>Section&nbsp;3.2(s)</U> (<I>Environmental Compliance</I>) shall survive
the Closing and shall expire on December&nbsp;15, 2012 (except to the extent that a claim for
indemnification has been made prior to such date for any inaccuracy or breach thereof).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>The representations and warranties contained in <U>Section&nbsp;3.2(s)</U> (<I>Environmental
Compliance</I>) shall survive the Closing and shall expire on the two (2)&nbsp;year
anniversary of the Closing (except to the extent that a claim for indemnification has been
made prior to such date for any inaccuracy or breach thereof).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>All covenants and agreements contained in this Agreement shall survive the Closing in
accordance with their respective terms.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d) </B>Notwithstanding anything to the contrary contained in this Agreement, the limitations set
forth in this <U>ARTICLE 9</U> shall not apply in the case of claims based upon fraud or
intentional misrepresentation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.2 Indemnification by Seller</B>. After the Closing and subject to the limitations set forth in
<U>Section&nbsp;9.4</U>, Seller shall indemnify, defend and save and hold harmless Buyer, Buyer&#146;s
Affiliates and each of their respective Representatives (collectively, the &#147;<U>Buyer Indemnified
Parties</U>&#148;) from and against any Losses which any Buyer Indemnified Party may sustain, or to
which any Buyer Indemnified Party may be subjected, arising out of or relating to (i)&nbsp;any
inaccuracy, misrepresentation or breach of any representation or warranty made by Seller or the
Company in this Agreement, any Ancillary Document or any certificate delivered hereunder; (ii)&nbsp;any
failure by Seller Parent, Seller or the Company to duly perform or observe any term, provision,
covenant, agreement or condition in this Agreement to be performed at or prior to the Closing,
(iii)&nbsp;any failure by Seller Parent or Seller to duly perform or observe any term, provision,
covenant, agreement or condition in this Agreement or in any Ancillary Document on the part of
Seller Parent or Seller to be performed after the Closing, (iv)&nbsp;any Pre-Closing Transaction
Liabilities; (v)&nbsp;the Released Obligations; (vi)&nbsp;the current, former or future business, assets,
Liabilities, operations or other activities of Seller Parent and its Affiliates (other than the
Company and its Subsidiaries), including, for the avoidance of doubt, any Liabilities arising under
Title IV of ERISA or (viii)&nbsp;the matters described in <U>Schedule&nbsp;9.2</U>. For the purposes of
this <U>ARTICLE 9</U>, all representations and warranties, other than the representations and
warranties in <U>Section&nbsp;3.2(u)</U> (<I>Absence of Changes</I>), shall be read both for purposes of
determining whether a misrepresentation or breach has occurred and for purposes of determining the
amount of Losses without regard to any qualifications as to materiality or Material Adverse Effect
(or any correlative term) contained in such representations and warranties; <U>provided</U> that
no list required to be set forth on a Disclosure Schedule pursuant to <U>Section&nbsp;3.2(o)</U>
(<I>Intellectual</I>
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Property</I>), <U>Section&nbsp;3.2(p)</U> (<I>Material Contracts</I>), <U>Section&nbsp;3.2(s)</U>
(<I>Environmental Compliance</I>) or <U>Section&nbsp;3.2(x)</U> (<I>Insurance</I>) shall be determined to be in
breach as result of the foregoing sentence.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.3 Indemnification by Buyer</B>. After the Closing and subject to the limitations set forth in
<U>Section&nbsp;9.4</U>, Buyer shall indemnify, defend and save and hold Seller and each of its
Representatives (collectively, the &#147;<U>Seller Indemnified Parties</U>&#148; and, together with Buyer
Indemnified Parties, the &#147;<U>Indemnified Parties</U>&#148;) harmless from and against any Losses which
any Seller Indemnified Party may sustain or to which any Seller Indemnified Party may be subjected
arising out of or relating to (i)&nbsp;any inaccuracy, misrepresentation or breach of any representation
or warranty made by Buyer in this Agreement, any Ancillary Document or any certificate delivered
hereunder, (ii)&nbsp;any failure by Buyer to duly perform or observe any term, provision, covenant,
agreement or condition in this
Agreement to be performed at or prior to the Closing, (iii)&nbsp;any failure by Buyer or the
Company to duly perform or observe any term, provision, covenant, agreement or condition in this
Agreement on the part of Buyer or the Company to be performed after the Closing, or (iv)&nbsp;the
current, former or future business, assets, Liabilities, operations or other activities of the
Company or any of its Subsidiaries, whether arising prior to, at or after the Closing, including
any Liability reflected on the Financial Statements (except to the extent related to the Repayment
Indebtedness), except for Losses for which Seller has agreed to indemnify Buyer pursuant to this
Agreement or the Ancillary Documents, including <U>Section&nbsp;9.2</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.4 Limits on Indemnification</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>A Party against whom a claim for indemnification is sought by an Indemnified Party
pursuant to this <U>ARTICLE 9</U> (an &#147;<U>Indemnifying Party</U>&#148;) shall not be liable with
respect to any claim for indemnification pursuant to <U>Section&nbsp;9.2(i)</U> (where Seller is the
Indemnifying Party) or <U>Section&nbsp;9.3(i)</U> (where Buyer is the Indemnifying Party) to any
Indemnified Party unless and until the aggregate amount of all claims against such Indemnifying
Party pursuant to <U>Section&nbsp;9.2(i)</U> (where Seller is the Indemnifying Party) or <U>Section
9.3(i)</U> (where Buyer is the Indemnifying Party) exceeds $5,250,000 (the &#147;<U>Indemnification
Threshold</U>&#148;), as to which such Indemnifying Party shall thereafter be responsible for all such
Losses relating to such claims from the first dollar, and not merely the amount in excess of the
Indemnification Threshold. No Buyer Indemnified Party will be entitled to indemnification for a
Loss pursuant to <U>Section&nbsp;9.2(i)</U> if, with respect to any individual item of Loss or group of
items of Loss arising out of the same or similar facts or circumstances, such items are less than
$50,000 (the &#147;<U>De Minimis Threshold</U>&#148;).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>The maximum aggregate amount recoverable from Seller pursuant to <U>Section&nbsp;9.2(i)</U>
shall be $26,250,000 (the &#147;<U>Cap Amount</U>&#148;).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>Notwithstanding <U>Section&nbsp;9.4(a)</U> and <U>(b)</U> hereof, none of the Indemnification
Threshold, the Cap Amount and the De Minimis Threshold shall apply to claims for indemnification
pursuant to <U>Section&nbsp;9.2(i)</U> with respect to any inaccuracy, misrepresentation or breach of
(i)&nbsp;any Fundamental Representation or (ii)&nbsp;of any of the representations and warranties in
<U>Section&nbsp;3.2(k)</U> (<I>Indebtedness</I>), or <U>Section&nbsp;3.2(gg)</U> (<I>Gary-Williams Retail Solutions</I>).
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d) </B>For the avoidance of doubt, none of the Indemnification Threshold, the Cap Amount or the
De Minimis Threshold shall apply to claims for Indemnification pursuant to <U>Section&nbsp;9.2(ii)</U>
through <U>(viii)</U> or <U>Section&nbsp;9.3(ii)</U> through <U>(iv)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e) </B>No Party shall be liable for any Losses to the extent that (a)&nbsp;such Indemnified Party
receives proceeds from insurance policies for such Losses in connection with the circumstances
related to the claim giving rise to the Losses but less the amount of any increase in the premium
for the insurance policy under which payment of insurance proceeds was made attributable solely to
the payment of such Losses, or (b)&nbsp;the Indemnified Party recovers from a third-party an amount
directly related to the claim giving rise to the Losses.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(f) </B>An Indemnifying Party shall have no obligation to indemnify an Indemnified Party or
otherwise have Liability to an Indemnified Party under this Agreement for consequential damages,
special damages, punitive damages, incidental damages, indirect damages, or similar items (and the
Indemnified Party shall not recover for such amounts).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.5 Exclusive Buyer Remedy</B>. After the Closing Date, except for claims of fraud or intentional
misrepresentation and except as provided in <U>Section&nbsp;11.1</U>, the indemnification provisions of
<U>ARTICLE 9</U> and <U>ARTICLE 10</U> shall be the sole and exclusive remedies of the
Indemnified Parties, whether in contract, tort or otherwise, for all matters arising under or in
connection with this Agreement and the contemplated transactions, including for any inaccuracy or
breach of the representations, warranties, agreements or covenants contained herein and preclude
the assertion by any Indemnified Party of any other remedies which would otherwise have been
available in common law or by statute. No Party shall have any right to setoff against any
payments to be made by it pursuant to this Agreement or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.6 No Waiver of Contractual Representations and Warranties</B>. Seller agrees that Buyer&#146;s rights to
indemnification for the representations and warranties set forth in this Agreement are part of the
basis for the bargain contemplated by this Agreement and Buyer&#146;s rights to indemnification shall
not be affected or waived by virtue of (and Buyer shall be deemed to have relied upon the express
representations and warranties set forth in this Agreement notwithstanding) any knowledge on the
part of Buyer of any untruth of any such representation or warranty of Seller or the Company set
forth in this Agreement, and regardless of whether such knowledge was obtained through Buyer&#146;s own
investigation or through disclosure by Seller or another Person, regardless of whether such
knowledge was obtained before or after the execution and delivery of this Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.7 Direct Claims</B>. If an Indemnified Party has a claim for indemnification for any claim other
than a Third-Party Claim, the Indemnified Party shall, as promptly as is practicable, give written
notice to the applicable Indemnifying Party. The failure to make timely delivery of such written
notice by the Indemnified Party to the Indemnifying Party shall not relieve the Indemnifying Party
from any liability under this <U>ARTICLE 9</U> with respect to such matter, except to the extent
the Indemnifying Party is actually materially prejudiced by failure to give such notice.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.8 Third-Party Claims</B>. The Indemnified Party shall give written notice to the Indemnifying Party
within thirty (30)&nbsp;days after such Indemnified Party receives written
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">notice of any claim, action,
suit, proceeding or demand asserted by any person who is not a Party (or a successor to a Party) to
this Agreement (a &#147;<U>Third-Party Claim</U>&#148;) that is or may give rise to an indemnification
claim; <U>provided</U>, <U>however</U>, that the failure of the Indemnified Party to give notice
as provided in this <U>Section&nbsp;9.8</U> shall not relieve any Indemnifying Party of its obligations
under this <U>ARTICLE 9</U>, except to the extent that such failure actually and materially
prejudices the rights of the Indemnifying Party. The Indemnifying Party may elect, within thirty
(30)&nbsp;days after receipt of
notice of any such matter, to assume the defense of any Third-Party Claim or any litigation
resulting therefrom; <U>provided</U>, <U>however</U>, that the Indemnifying Party shall not have
the right to defend any such claim if it refuses to acknowledge fully in writing its obligations to
indemnify the Indemnified Party for all Losses arising from such Third-Party Claim pursuant to this
<U>ARTICLE 9</U> or contests in writing, in whole or in part, its indemnification obligations for
such claim; provided, further, that if the Indemnifying Party is Seller, Seller shall not have the
right to defend or compromise any such claim if (1)&nbsp;the claim relates to or arises in connection
with any criminal proceeding, action, indictment, or allegation or investigation, (2)&nbsp;the claim
solely seeks an injunction or equitable relief against the Indemnified Party, or (3)&nbsp;the claim is
subject to the limitations set forth in <U>Section&nbsp;9.4</U> and asserts an amount of Losses, which,
when taken together with all amounts paid to the Buyer Indemnified Parties for resolved
indemnification claims that are subject to the limitations set forth in <U>Section&nbsp;9.4</U> and the
maximum aggregate amount of Losses in all other unresolved indemnification claims that are subject
to the limitation set forth in <U>Section&nbsp;9.4</U>, exceeds the Cap Amount. During such thirty
(30)&nbsp;day period, the Indemnified Party may (at the Indemnifying Party&#146;s expense) make such filings,
including motions for continuance (and answers if a motion for continuance has not been granted),
as may be necessary to preserve the parties&#146; positions and rights with respect to such claims. If
the Indemnifying Party elects to assume the defense of and indemnification for any such matter,
then counsel for the Indemnifying Party, who shall in such case conduct the defense of such claim,
shall be approved by the Indemnified Party (whose approval shall not unreasonably be withheld,
conditioned or delayed), and the Indemnified Party may participate in such defense at its own
expense, and may retain counsel of its choice at its own expense; <U>provided</U>,
<U>further</U>, that the Indemnified Party shall have the right to employ, at the Indemnifying
Party&#146;s expense, one firm of counsel of its choice, and local counsel in each applicable
jurisdiction (if more than one jurisdiction is involved), to represent the Indemnified Party if, in
the Indemnified Party&#146;s reasonable judgment, there exists a conflict of interest between the
Indemnified Party and the Indemnifying Party, or if the Indemnifying Party (i)&nbsp;elects not to or is
not entitled to defend, compromise or settle a Third-Party Claim, (ii)&nbsp;having timely elected to
defend a Third-Party Claim, fails adequately to prosecute or pursue such defense or (iii)&nbsp;a defense
exists for an Indemnified Party which is not available to the Indemnifying Party, then in each case
the Indemnified Party may defend such Third-Party Claim on behalf of and for the account and risk
of the Indemnifying Party. The Indemnifying Party, in the defense of any such litigation or
proceeding, shall not, except with the prior written approval of the Indemnified Party (which
approval shall not be unreasonably withheld, conditioned or delayed), consent to entry of any
judgment or entry into any settlement that does not include as an unconditional term thereof the
giving by the claimant or plaintiff to the Indemnified Party of a release from all liability with
respect to such litigation or proceeding. The Indemnified Party shall not settle or compromise any
such claim without the prior written approval of the Indemnifying Party, which approval shall not
be unreasonably withheld, conditioned or delayed. If the Indemnifying Party defends the
litigation, action, suit, demand or claim, the Indemnified Party shall extend reasonable
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">cooperation in connection with such defense, which shall be at Indemnifying Party&#146;s sole expense.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;9.9 Adjustment</B>. The Parties agree that to the greatest extent possible the payment of any
indemnity hereunder (including payments made under <U>Section&nbsp;10.11</U>) shall be treated for Tax
purposes as an adjustment to the Purchase Price.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 10<BR>
TAX MATTERS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.1 Tax Returns</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>Seller shall prepare and timely file all Tax Returns of the Company and its Subsidiaries
for (x)&nbsp;any Pre-Closing Tax Period and (y)&nbsp;any Straddle Period that begins in 2011 (any such Tax
Return, a &#147;<U>Seller Tax Return</U>&#148;). Buyer shall cause the Company and any of its Subsidiaries
to file all Tax Returns of the Company and its Subsidiaries for any Straddle Period that begins in
2012 (any such Tax Return, a &#147;<U>Buyer Tax Return</U>&#148;). All Seller Tax Returns and all Buyer Tax
Returns shall be prepared on a basis consistent with existing procedures and practices and
accounting methods unless otherwise required by applicable Law. No later than twenty (20)&nbsp;Business
Days prior to the due date, taking into account applicable extensions (or, in the case of a Seller
Tax Return or Buyer Tax Return that is due less than twenty (20)&nbsp;Business Days after the Closing
Date, as soon as practicable but in no event later than the due date thereof (taking into account
applicable extensions) of any Seller Tax Return or Buyer Tax Return (which, solely in the case of a
Non-Income Tax Return, reports a Tax liability in excess of $10,000), Seller shall deliver such
Seller Tax Return to Buyer, or Buyer shall deliver such Buyer Tax Return to Seller, for review and
approval, and Buyer or Seller, as the case may be, shall have the right to review such Seller Tax
Return or Buyer Tax Return for a period of twenty (20)&nbsp;Business Days following receipt of such Tax
Return. Buyer or Seller, as the case may be, may object to or dispute the manner in which such Tax
Return is prepared or the manner in which any Taxes relating thereto are determined or calculated
by providing written notice of such objection or dispute to Seller or Buyer, as the case may be,
within such twenty (20)&nbsp;Business Day review period and Buyer and Seller shall negotiate in good
faith to resolve such objection or dispute. If, after ten (10)&nbsp;Business Days from the date on
which written notice was provided, any dispute or objection raised therein remains unresolved, the
unresolved dispute shall be submitted to the Neutral Accountant for resolution utilizing the same
terms and procedures set forth in <U>Section&nbsp;2.7(c)</U>for Disputed Matters (but only to the
extent such procedures or terms are not inconsistent with the terms of this <U>Section&nbsp;10.1</U>);
<U>provided</U>, <U>however</U>, that if the twenty (20)&nbsp;Business Day review period has not
expired without written waiver by the reviewing Party, or the determination by the Neutral
Accountant with respect to any disputed Tax issue is not made, prior to the due date (taking into
account applicable extensions) for the filing of the Tax Return in question, the party responsible
for preparing such return pursuant to this <U>Section&nbsp;10.1(a)</U> shall file such Tax Return and
<U>provided further</U>, that upon the agreement of the Parties or the delivery of the
determination by the Neutral Accountant to Buyer and Seller, if requested, such Tax Return shall be
filed to reflect the agreement or determination (or, if such Tax Return has been required to be
filed, such Tax Return shall be duly amended). The determination by the Neutral Accountant shall
be final, conclusive and binding on the Parties.
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Unless required by Law, or a determination of a Governmental Authority that is final and
unappealable, Buyer shall not, and shall not allow the Company or its Subsidiaries, to file any Tax
Return, amended Tax Return or claim for refund for Taxes, in each case, if such Tax Return or claim
for refund relates to a Pre-Closing Tax Period, without the
prior written consent of Seller (which consent will not be unreasonably withheld or delayed or
conditioned).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>Notwithstanding anything to the contrary contained in this Agreement, no Tax Return or
amended Tax Return shall be filed (and no Tax election shall otherwise be made) which changes or
otherwise modifies the U.S. federal income tax treatment of any member of the TGWC Tax Group as an
S corporation within the meaning of Sections&nbsp;1361 and 1362 of the Code or a QSub within the meaning
of Section&nbsp;1361(b)(3) of the Code (or the comparable state or local Tax law treatment of such
entity), as the case may be, in respect of any Pre-Closing Tax Period or any Straddle Period.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.2 Tax Contests</B>. Buyer and the Company shall have the exclusive authority to control any
examination, investigation, audit, or other proceeding in respect of any Tax Return or Taxes of the
Company or its Subsidiaries (a &#147;<U>Tax Contest</U>&#148;), provided that (i)&nbsp;Seller shall have the
right to participate fully in all aspects of the prosecution or defense of any Tax Contest to the
extent it relates to Taxes or Tax Returns of the Company for a Pre-Closing Tax Period or a
Pre-Closing Straddle Period and (ii)&nbsp;neither Buyer nor the Company shall settle or otherwise
resolve any Tax Contest (or any issue raised in such Tax Contest) if such settlement or other
resolution relates to Taxes for which Seller is liable under Law or this Agreement, without the
written consent of Seller (such consent not to be unreasonably withheld or delayed or conditioned).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.3 Other Taxes</B>. In the case of a Tax (other than any transactional Tax contemplated by
<U>Section&nbsp;10.5</U>) of the Company or its Subsidiaries that is payable with respect to a Straddle
Period, the portion of such Tax that is allocable to the Pre-Closing Straddle Period shall be:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>in the case of a Tax that is (i)&nbsp;based on or measured by income, receipts or payroll or
(ii)&nbsp;imposed in connection with any sale, removal, entry, or other transfer of property (real or
personal, tangible or intangible), including any Tax described in clause (ii)&nbsp;that is designated as
an excise tax, deemed equal to the amount which would be payable if the Straddle Period ended, and
the books were closed, as of the close of business on the Closing Date (apportioning among the days
in the Straddle Period on the basis of an equal amount per day any items available on an annual or
periodic basis, such as amortization deductions, depreciation deductions, the effects of graduated
rates, exemptions and exclusions); and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>in the case of any other Tax, deemed to be the amount of such Tax for the Straddle Period,
multiplied by a fraction, the numerator of which is the number of calendar days in the Pre-Closing
Straddle Period and the denominator of which is the number of calendar days in the Straddle Period.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.4 Tax Elections</B>. Seller will not, and will not cause or permit the Company to, without the
prior written consent of Buyer, which consent shall not to be unreasonably withheld or delayed or
conditioned, make or revoke, or cause or permit to be made or revoked,
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">any Tax election pertaining to the Company, its Subsidiaries or the ownership of any capital stock of the
Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.5 Transactional Taxes</B>. Notwithstanding any other provision of this Agreement, all transfer,
documentary, recording, notarial, sales, use, registration, stamp and other similar Taxes imposed
in connection with the transactions contemplated by this Agreement shall be borne 50% by Buyer and
50% by Seller.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.6 Notice</B>. Buyer shall promptly notify Seller following receipt by Buyer of any written notice
of a Tax Contest relating to a Pre-Closing Tax Period or a Pre-Closing Straddle Period which, if
successful, could reasonably be anticipated to result in (i)&nbsp;a Tax liability of Seller or Seller
Parent (whether under this Agreement or otherwise) or (ii)&nbsp;an indemnity payment to a Buyer
Indemnified Party pursuant to <U>Section&nbsp;10.11</U>, <U>provided</U> that the failure to give
prompt notice will not reduce Seller&#146;s indemnification obligations under <U>Section&nbsp;10.11</U>,
except to the extent that Seller Parent, Seller and their Affiliates are actually and materially
prejudiced thereby.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.7 Cooperation</B>. Buyer, the Company and Seller shall (and shall cause their respective Affiliates
to) (i)&nbsp;reasonably assist in the preparation and timely filing of any Tax Return of the Company or
its Subsidiaries; (ii)&nbsp;reasonably assist in any audit or other proceedings with respect to Taxes or
Tax Returns of the Company or its Subsidiaries (whether or not a Tax Contest); (iii)&nbsp;make available
any information, records, or other documents relating to any Taxes or Tax Returns of the Company or
its Subsidiaries reasonably requested by another Party; (iv)&nbsp;reasonably provide any information
required to allow Buyer, the Company or Seller to comply with any information reporting or
withholding requirements imposed under the Code or other applicable Laws; and (v)&nbsp;reasonably assist
in providing or obtaining certificates or forms that are necessary or appropriate to establish an
exemption for (or reduction in) any transactional Tax contemplated by <U>Section&nbsp;10.5</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.8 Tax Refunds</B>. At Seller&#146;s request, Buyer or the Company (or its Affiliates) shall apply, at
the sole cost and expense of Seller, for any Tax refund available for any Pre-Closing Tax Period or
Pre-Closing Straddle Period (as determined by applying the principles of <U>Section&nbsp;10.3</U>), and
any refund received shall be paid to Seller within ten (10)&nbsp;days of receipt, net of any
out-of-pocket costs and Taxes incurred by Buyer or the Company (or its Affiliates) to the extent
such refund is not reflected as an asset on the Financial Statements and not taken into account as
an asset in determining the Working Capital as set forth in the Final Statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.9 Tax Sharing Agreements</B>. Seller Parent shall cause any and all Tax sharing, indemnity,
reimbursement or other similar agreements between (i)&nbsp;any member of the TGWC Tax Group (other than
the Company
and any Subsidiary of the Company), on the one hand, and (ii)&nbsp;the Company or any Subsidiary of
the Company, on the other hand, to be terminated on or before the Closing Date and, after the
Closing Date, no party shall have any rights or obligations under any such agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.10 Income Tax Treatment of the Sale; Allocation of Purchase Price</B>. Buyer and Seller acknowledge
that the purchase of the Company Shares contemplated by this Agreement will be treated as a sale of
the assets of the Company (other than the shares of stock
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">of the Company&#146;s Subsidiaries) and of the Subsidiaries for U.S. federal income tax
purposes and for all income tax purposes in the jurisdictions in which the Company is, and will be
through the Closing Date, treated as a QSub within the meaning of Section&nbsp;1361(b)(3) of the Code or
analogous state or local provisions. Within ninety (90)&nbsp;days after the Closing Date, Buyer shall
complete a draft schedule (the &#147;<U>Allocation Schedule</U>&#148;) allocating the Purchase Price (and
all assumed liabilities) among the assets of the Company and its Subsidiaries. Seller shall submit
to Buyer written comments (if any), within thirty (30)&nbsp;days after receipt of the Allocation
Schedule, to the extent Seller considers the Allocation Schedule to be inconsistent with Section
1060 of the Code. Any disputes between Buyer and Seller shall be resolved by the Neutral
Accountant, the review by which shall be limited to whether a disputed item is consistent with
Section&nbsp;1060 of the Code. Buyer and Seller agree to file all Tax Returns, and agree not to take
any position in any Tax audit, litigation or otherwise, that is not, consistent with the Allocation
Schedule, unless, and then only to the extent, required by a determination (as defined in Section
1313(a) of the Code or corresponding provisions of state or local Law).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.11 Tax Indemnification</B>. From and after the Closing, Seller Parent, Seller and their Affiliates shall be liable for,
and shall indemnify the Buyer Indemnified Parties, the Company and any Subsidiary of the Company
against, and hold them harmless from, (i)&nbsp;all Liability for Taxes owed by the Company and any
Subsidiary of the Company for any Pre-Closing Tax Period or Pre-Closing Straddle Period (including
Taxes incurred in connection with the sale of the Company Shares, the Pre-Closing Transactions and
any other transactions contemplated by this Agreement), as determined pursuant to Section&nbsp;10.3,
except (in each case) to the extent that such Liability is or has been taken into account as a
liability in the Final Statement or is shown as a liability in the Financial Statements; (ii)&nbsp;all
Liability for Taxes owed by any member of the TGWC Tax Group (other than the Company and any
Subsidiary of the Company) for any taxable period (including Taxes incurred in connection with the
sale of the Company Shares, the Pre-Closing Transactions and any other transactions contemplated by
this Agreement); (iii)&nbsp;any Losses arising out of or relating to any breach of any representation or
warranty contained in <U>Section&nbsp;3.2(t)</U>; and (iv)&nbsp;Seller&#146;s Liability for any transactional Tax
described in <U>Section&nbsp;10.5</U>, and (v)&nbsp;all Liability for reasonable legal fees and expenses
attributable to any item in the foregoing clauses.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.12 Tax Benefit.</B>
If Seller is required to make any indemnity payment due to Buyer under <U>Section&nbsp;10.11</U>,
and the events giving rise to the Losses at issue actually result in a U.S. federal income tax
savings to Buyer, any member of the affiliated group including the Buyer, or the Company, in each
case, for a tax period that includes or begins on or after the Closing Date (determined after first
taking into account all other Tax benefits available to Buyer, any member of the affiliated group
including the Buyer, or the Company, in each case, for such period), then any indemnity amount
otherwise required to be paid under <U>Section&nbsp;10.11</U> with respect to such Losses shall be
reduced by the amount, if any, that (x)&nbsp;such U.S. federal income tax savings actually realized
exceeds (y)&nbsp;any U.S. federal income tax detriment to Buyer or the Company resulting from the
receipt of such indemnity payment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.13 Deductions.</B>
Buyer and Seller acknowledge that Seller Parent shall be entitled to claim a deduction for the
aggregate amount actually paid by the Company and its Subsidiaries pursuant to the 2011 Performance
Based Plan (regardless of when paid), to the extent permitted by applicable Laws; provided,
however, that in the event that the Closing Date
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">is prior to January&nbsp;1, 2012, Seller shall only be
entitled to claim a deduction for an amount equal to the aggregate amount actually paid by the
Company and its Subsidiaries pursuant to the 2011 Performance Based Plan (regardless of when paid)
prorated for the number of days elapsed in 2011 prior to and including the Closing Date.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;10.14 Miscellaneous</B>. The covenants and agreements of the Parties contained in this <U>ARTICLE 10</U> shall
survive the Closing and remain in full force and effect until sixty (60)&nbsp;days after the expiration
of all applicable statutes of limitation. For the avoidance of doubt, none of the limitations set
forth in <U>ARTICLE 9</U> of this Agreement shall apply with respect to indemnification for Taxes
under this <U>ARTICLE 10</U>.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 11<BR>
TERMINATION AND SPECIFIC PERFORMANCE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;11.1 Specific Performance</B>. The Parties agree that irreparable damage would occur in the event that any provision of
this Agreement was not performed in accordance with its specific terms or was otherwise breached,
and that each Party shall be entitled to enforce the terms of this Agreement by a decree of
specific performance, injunction or other equitable remedy without the necessity of proving
monetary damages or other legal remedies would not be an adequate remedy for any such damages.
Furthermore, each Party agrees that the right to specific performance, injunction or other
equitable remedy shall be in addition to any other remedy to which such Party is entitled at Law or
in equity. Any Party seeking an injunction or injunctions to prevent breaches of this Agreement and
to enforce specifically, or be granted an injunction or other equity relief with respect to, the
terms and provisions of this Agreement shall not be required to provide any bond or other security
in connection with such order or injunction all in accordance with the terms of this <U>Section
11.1</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;11.2 Remedies</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>All remedies under this Agreement or by Law or otherwise afforded to the Parties shall be
cumulative and not alternative and any Person having any rights under any provision of this
Agreement will be entitled to enforce specifically to recover damages by reason of any breach of
this Agreement and to exercise all other rights granted by Law, equity or otherwise.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Notwithstanding anything herein to the contrary, none of the parties hereto, or any of
their Affiliates, shall have any rights or claims against any of the Debt Financing Sources, solely
in their respective capacities as lenders, underwriters, initial
purchasers or arrangers in connection with the Debt Financing or this Agreement;
<U>provided</U> that nothing in this <U>Section&nbsp;11.2(b)</U> shall limit the rights of the parties
to the Commitment Letter and the Debt Financing Sources under (i)&nbsp;clause (c)&nbsp;of the second sentence
of <U>Section&nbsp;12.5</U>, <U>Section&nbsp;12.3</U>, <U>Section&nbsp;12.10(c)</U>,<U>Section&nbsp;12.11(a)</U>
and <U>Section&nbsp;12.13</U> and (ii)&nbsp;any credit or purchase agreement or other agreement (including
the Commitment Letter) with the Debt Financing Sources under the terms thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;11.3 Termination of Agreement</B>. This Agreement may be terminated prior to the Closing as follows:
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a)&nbsp;Mutual Consent</B>. Upon the mutual written consent of Seller and Buyer.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b)&nbsp;Injunction</B>. By Seller or Buyer if an injunction, order, decree or judgment of any court
or Governmental Authority of competent jurisdiction shall be in effect, in each case that
prohibits, restrains, enjoins or restricts the consummation of the transactions contemplated by
this Agreement and such injunction, order, decree or judgment shall have become final and
non-appealable; <U>provided</U>, <U>however</U>, that no Party shall be entitled to terminate
this Agreement in reliance on this <U>Section&nbsp;11.3(b)</U> if such Party&#146;s breach of this Agreement
shall have been a material cause of, or resulted in, such injunction or order.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c)&nbsp;End Date</B>. By Seller or Buyer at any time after March&nbsp;31, 2012 (the &#147;<U>End Date</U>&#148;) if
the Closing shall not have occurred on or before such date; <U>provided</U> that the right to
terminate this Agreement under this <U>Section&nbsp;11.3(c)</U> shall not be available to such Party if
the action or inaction of such Party or any of its Affiliates has been a principal cause of or
resulted in the failure of the Closing to occur on or before the End Date and such action or
failure to act constitutes a breach of this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d)&nbsp;Buyer&#146;s Termination Right</B>. By Buyer, by written notice to Seller, if, Buyer is not then
in material breach of any provision of this Agreement and there has been a breach, inaccuracy in or
failure to perform any representation, warranty, covenant or agreement made by Seller or the
Company pursuant to this Agreement that would give rise to the failure of any of the conditions
specified in <U>Section&nbsp;5.3</U> and such breach, inaccuracy or failure is not curable or, if
curable, has not been cured by Seller within thirty (30)&nbsp;days of Seller&#146;s receipt of written notice
of such breach from Buyer.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(e)&nbsp;Seller&#146;s Termination Right</B>. By Seller, by written notice to Buyer, if, Seller is not then
in material breach of any provision of this Agreement and there has been a breach, inaccuracy in or
failure to perform any representation, warranty, covenant or agreement made by Buyer pursuant to
this Agreement that would give rise to the failure of any of the conditions specified in
<U>Section&nbsp;5.2</U> and such breach, inaccuracy or failure is not curable or, if curable, has not
been cured by Buyer within thirty (30)&nbsp;days of Buyer&#146;s receipt of written notice of such breach
from Seller.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;11.4 Effect of Termination</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>In the event of the termination of this Agreement pursuant to and in compliance with the
provisions of <U>Section&nbsp;11.3</U>, this Agreement and the proposed transactions contemplated
hereunder shall terminate and, except as provided in this <U>Section&nbsp;11.4</U>, each Party hereto
shall have no further obligation or liability hereunder, except that the provisions of <U>Section
4.3(c)</U> (<I>Publicity</I>), <U>Section&nbsp;12.7</U> (<I>Notices</I>), <U>Section&nbsp;12.9</U> (<I>Governing Law</I>),
<U>Section&nbsp;12.11</U> (<I>Waiver of Jury Trial</I>) and <U>Section&nbsp;12.16</U> (<I>No Waiver</I>) shall survive
such termination.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Nothing in <U>Section&nbsp;11.4(a)</U> shall relieve any Party from any liability for breach
of this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>Subject to <U>Section&nbsp;11.2(b)</U>, if Seller terminates this Agreement pursuant to
<U>Section&nbsp;11.3(e)</U>, the Parties agree that Seller shall have suffered a harm of an
incalculable nature and amount, unrecoverable in law, and Seller shall retain the Purchase Price
Deposit as
</DIV>



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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">liquidated damages and as the sole and exclusive remedy (whether at law, in equity, in
contract, in tort or otherwise) of Seller against Buyer and the Debt Financing Sources (which
aggregate amount the Parties agree is a reasonable estimate of the damages that will be suffered by
Seller as a result of the breach of this Agreement and does not constitute a penalty, the Parties
hereby acknowledging the inconvenience and nonfeasibility of otherwise obtaining an adequate
remedy). Nothing in this <U>Section&nbsp;11.4(c)</U> shall limit the Seller&#146;s right to seek specific
performance of this Agreement against the Buyer (but not against any Debt Financing Sources)
pursuant to <U>Section&nbsp;11.1</U> in lieu of terminating this Agreement pursuant to <U>Section
11.3(e)</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d) </B>If this Agreement is terminated pursuant to <U>Section&nbsp;11.3(a)</U>, <U>Section
11.3(b)</U>, <U>Section&nbsp;11.3(c)</U> or <U>Section&nbsp;11.3(d)</U>, the Purchase Price Deposit shall
be returned to Buyer by wire transfer of immediately available funds within three (3)&nbsp;Business Days
of such termination; <U>provided</U>, that, under no circumstances shall Seller or the Company be
obligated to pay Buyer interest on the Purchase Price Deposit.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 12<BR>
MISCELLANEOUS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.1 Exclusivity of Representations and Warranties</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>Notwithstanding anything in this Agreement to the contrary, it is the explicit intent and
understanding of the Parties hereto that none of the Parties nor any of their respective
Representatives is making any representation or warranty whatsoever, oral or written, express or
implied, other than those set forth in this Agreement or the Ancillary Documents and that none of
the Parties is relying on any statement, representation or warranty, oral or written, express or
implied, made by any other Party or such other Party&#146;s Representatives except for the
representations and warranties expressly set forth in such agreements. <B>EXCEPT AS OTHERWISE
SPECIFICALLY SET FORTH IN THIS AGREEMENT OR THE ANCILLARY DOCUMENTS, THE PARTIES EXPRESSLY DISCLAIM
ANY IMPLIED WARRANTY OR REPRESENTATION AS TO TITLE, OWNERSHIP, USE, POSSESSION, VALUE, CONDITION,
LIABILITIES, OPERATION, DESIGN, CAPACITY, FUTURE RESULTS, MERCHANTABILITY, FITNESS FOR A
PARTICULAR PURPOSE, SUITABILITY OR OTHERWISE AS TO ANY OF THE ASSETS OR LIABILITIES OF THE
COMPANY OR ANY OF ITS SUBSIDIARIES AND, EXCEPT AS OTHERWISE SPECIFICALLY SET FORTH IN THIS
AGREEMENT, IT IS UNDERSTOOD THAT BUYER TAKES THE COMPANY SHARES AND THE ASSETS AND LIABILITIES OF
THE COMPANY AND ITS SUBSIDIARIES &#147;AS IS&#148; AND &#147;WHERE IS.&#148;</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Without limiting the generality of, and in furtherance of, <U>Section&nbsp;12.1(a)</U>, Buyer
acknowledges that, except as otherwise specifically set forth in this Agreement or the Ancillary
Documents, none of Seller or any of its Affiliates makes any representations or warranties to Buyer
regarding any forecasts, projections, estimates, business plans or budgets (whether contained or
referred to in the Schedules hereto or in any other written materials or verbal information that
has been or shall hereafter be provided or made available to Buyer or any of its Representatives)
and there are not and shall not be deemed to be representations or warranties of Seller or any of
its Affiliates in respect of future revenues, expenses or
</DIV>


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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">expenditures, future results of
operations (or any component thereof), future cash flows or future financial condition (or any
component thereof) of the Company or any of its Subsidiaries.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>The Parties hereto agree that this is an arm&#146;s length transaction in which the Parties&#146;
undertakings and obligations are limited to the performance of their obligations under this
Agreement. Buyer acknowledges that it is a sophisticated investor, that it has undertaken, and
that Seller has given Buyer such opportunities as it has requested to undertake, a full
investigation of the business and operations of the Company and its Subsidiaries (including their
assets, liabilities, contracts, permits, licenses, premises, properties, facilities, books and
records), and that there is no special relationship of trust or reliance between Buyer and Seller.
Buyer acknowledges that it and its Representatives have been provided with (i)&nbsp;access to the books
and records, facilities, equipment, contracts and other properties and assets of the business and
operations of the Company and its Subsidiaries that it and its Representatives and (ii)&nbsp;the
opportunity to meet with the officers and employees of Seller, the Company and its Subsidiaries to
discuss the business and operations of the Company and its Subsidiaries that it and its
Representatives. Buyer further acknowledges that none of Seller, its Affiliates, their respective
Representatives or any other Person has made any representation or warranty, expressed or implied,
as to the completeness of any information regarding the business and operations of the Company and
its Subsidiaries furnished or made available to Buyer and its Representatives, other than as set
forth in this Agreement and in any Ancillary Documents. Except as provided in this Agreement and
in the Ancillary Documents, none of Seller, its Affiliates, their respective Representatives or any
other Person shall have or be subject to any liability to Buyer or any other Person resulting from
the distribution to Buyer or any other Person, or Buyer&#146;s or any other Person&#146;s use, whether prior
to, on or after the date hereof, of, any such information, documents or material made available in
any &#147;data rooms&#148; or formal or informal management presentations or in any other form in expectation
of the transactions contemplated hereby.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.2 Environmental Matters</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>The Parties&#146; sole and exclusive representations, warranties, covenants, agreements or
other obligations (including indemnities or any obligations) arising pursuant to this Agreement, by
Law or otherwise with respect to environmental matters and materials, interpreted in its broadest
sense (including Environmental Conditions, Environmental Liabilities and obligations, compliance
with Environmental Laws and Environmental Permits) and any other subject matters referred to in
<U>Section&nbsp;3.2(s)</U> shall be as expressly set forth in this Agreement (including <U>Section
12.1</U>, this <U>Section&nbsp;12.2</U> and the applicable portions of <U>ARTICLE 9</U>). No other
representation, warranty, covenant, agreement or obligation (including indemnities or any
obligations) arising pursuant to this Agreement, by Law or otherwise by Seller, any of its
Affiliates, the Company, Buyer or any of their respective Representatives shall be deemed to apply
to such matters.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Except for any indemnification claims made under <U>Section&nbsp;9.2</U> hereof as to which
Seller shall have been promptly notified pursuant to <U>Section&nbsp;12.7</U> hereof, from and after
the two (2)&nbsp;year anniversary from the Closing, Buyer and the Company, on behalf of themselves,
their Affiliates and the Representatives of the foregoing, waive and relinquish all rights and
claims that they may have or may hereafter acquire against Seller, its Affiliates, and their
</DIV>






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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">respective Representatives relating to responsibility or liability for Environmental Conditions and
Environmental Liabilities.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.3 No Third-Party Beneficiaries</B>. This Agreement shall not confer any rights or remedies upon any Person other than the
Parties and their respective successors and permitted assigns (provided that the Debt Financing
Sources shall be express third party beneficiaries of the provisions of <U>Section&nbsp;11.2(b)</U>,
<U>Section&nbsp;11.4(c)</U>, <U>Section&nbsp;12.10(c)</U>, <U>Section&nbsp;12.11(a)</U>, <U>Section&nbsp;12.3</U>
and <U>Section&nbsp;12.13</U> to the extent those provisions relate to the Debt Financing Sources or
the Commitment Letter and no amendment may be made to such provisions to the extent those
provisions relate to the Debt Financing Sources or the Commitment Letter without the approval of
the Debt Financing Sources). The term &#147;<U>Debt Financing Sources</U>&#148; means the entities that have
committed to provide or otherwise entered into agreements in connection with the Debt Financing in
connection with the transactions contemplated hereby and their respective former, current and
future direct or indirect equityholders, controlling persons, representatives, stockholders,
directors, officers, employees, agents, members, trustees, managers, general or limited partners,
financing sources, assignees, or Affiliates, including the parties to the Commitment Letter and any
joinder agreements or credit agreements relating thereto (other than Buyer Parent and its
Subsidiaries).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.4 Entire Agreement</B>. This Agreement (including the documents referred to herein), the Ancillary Documents and
the Non-Disclosure Agreement constitute the entire agreement among the Parties and supersedes any
prior understandings, agreements, or representations by or among the Parties, written or oral, with
respect to the subject matter hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.5 Succession and Assignment</B>. This Agreement shall be binding upon and inure to the benefit of the Parties named herein
and their respective successors and permitted assigns. No Party may assign either this Agreement
or any of its rights, interests, or obligations hereunder without the prior written approval of the
other Parties hereto and any purported assignment in violation of the foregoing shall be void;
<U>provided</U>, <U>however</U>, that Buyer may (a)&nbsp;assign any or all of its rights and interests
hereunder to one or more of its Affiliates or any future acquiror of the Company or its
Subsidiaries, (b)&nbsp;designate one or more of its Affiliates to perform its obligations hereunder (in
any or all of which cases Buyer nonetheless shall remain responsible for the performance of all of
its obligations hereunder) and (c)&nbsp;assign any or all of its rights and interests hereunder,
including its rights to indemnification, to any lender as collateral security.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.6 Counterparts</B>. This Agreement may be executed in one or more counterparts, each of which shall be deemed
an original but all of which together will constitute one and the same instrument. In addition,
the Parties may execute this Agreement and furnish copies of their signatures by facsimile or other
electronic transmission, each of which shall be as effective as an originally delivered signature.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.7 Notices</B>. All notices, requests, demands, claims, and other communications hereunder will be in
writing. Any notice, request, demand, claim, or other communication hereunder shall be deemed duly
given if (and then two Business Days after) it is sent by registered or certified mail, return
receipt requested, postage prepaid, or by expedited courier, next day delivery, and addressed to
the intended recipient as set forth below:
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="55%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">If to the Company after the Closing,<br>
Buyer, Parent or Buyer:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">With copies (which shall not constitute<br>
notice) to:</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">CVR Energy, Inc.<br>
2277 Plaza Dr., Suite&nbsp;500<br>
Sugar Land, Texas 77479<br>
Attention: John J. Lipinski,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer<br>
Telephone: (281)&nbsp;207-3500<br>
Facsimile: (281)&nbsp;207-3505
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">CVR Energy, Inc.<br>
10 East Cambridge Circle Drive, Suite<br> 250
Kansas City, Kansas 66103<br>
Attention: Edmund S. Gross<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Senior Vice President &#038;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Counsel<br>
Telephone: (913)&nbsp;982-0490<br>
Facsimile: (913)&nbsp;982-5651</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">and</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap>Fried, Frank, Harris, Shriver &#038; Jacobson LLP<br>
One New York Plaza<br>
New York, New York 10004<br>
Attention: Philip Richter and David Shaw<br>
Facsimile: (212)&nbsp;859-4000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">If to the Company prior to the<br> Closing,
Seller Parent or Seller:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap>With a copy to (which shall not
constitute  notice):</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">The Gary Williams Energy Company, Inc. <br>
370 17<SUP style="FONT-size: 85%; vertical-align: text-top"> th</SUP> Street<br>
Suite&nbsp;5300<br>
Denver, Colorado 80202-5653<br>
Attention: General Counsel<br>
Telephone: (303)&nbsp;628-3800<br>
Facsimile: (303)&nbsp;628-3833
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Davis Graham &#038; Stubbs LLP<br>
1550 17<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;500<br>
Denver, Colorado 80202<br>
Attention: Chris Richardson<br>
Telephone: (303)&nbsp;892-7420<br>
Facsimile: (303)&nbsp;893-1379</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Any Party may send any notice, request, demand, claim, or other communication hereunder to the
intended recipient at the address set forth above using any other means (including personal
delivery, messenger service, ordinary mail, or electronic mail), but no such notice, request,
demand, claim, or other communication shall be deemed to have been duly given unless and until it
actually is received by the intended recipient. Any Party may change the address to which notices,
requests, demands, claims, and other communications hereunder are to be delivered by giving the
other Parties notice in the manner herein set forth.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.8 Severability</B>. If any provision of this Agreement is held to be illegal, invalid, or unenforceable under
any present or future Law, and if the rights or obligations of any Party will not be materially and
adversely affected thereby, (a)&nbsp;such provision will be fully severable, (b)&nbsp;this Agreement will be
construed and enforced as if such illegal, invalid, or unenforceable provision had never comprised
a part hereof, (c)&nbsp;the remaining provisions of this Agreement will remain in full force and effect
and will not be affected by the illegal, invalid, or unenforceable provision or by its severance
from this Agreement and (d)&nbsp;in lieu of such illegal, invalid, or
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->75<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">unenforceable provision, there
will be added automatically as a part of this Agreement a legal, valid, and enforceable provision
as similar in terms to such illegal, invalid, or unenforceable provision as may be reasonably
possible so that the contemplated transactions may be consummated as originally contemplated to the
fullest extent possible.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.9 Governing Law</B>. This Agreement shall be governed by and construed in accordance with the laws of the State
of Delaware, without regard to conflicts of law principles.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.10 Consent to Jurisdiction</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>Each of the Parties hereto hereby irrevocably and unconditionally submits, for itself and
its property, to the exclusive jurisdiction of the Supreme Court of the State of New
York, County of New York or the United States District Court for the Southern District of New
York and any appellate court from any thereof, in any action, claim or proceeding arising out of or
relating to this Agreement or the transactions contemplated hereby or for recognition or
enforcement of any judgment relating thereto, and each of the Parties hereto hereby irrevocably and
unconditionally agrees that all claims in respect of any such action or proceeding may be heard and
determined in such New York State court or, to the extent permitted by Law, in such Federal court.
Each of the Parties hereto agrees that a final judgment in any such action or proceeding shall be
conclusive and may be enforced in other jurisdictions by suit on the judgment of in any other
manner provided by Law.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Each of the Parties hereto hereby irrevocably and unconditionally waives, to the fullest
extent it may legally and effectively do so, any objection which it may now or hereafter have to
the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement
or the transactions contemplated hereby in the Supreme Court of the State of New York, County of
New York or the United States District Court for the Southern District of New York. Each of the
Parties hereto hereby irrevocably and unconditionally waives, to the fullest extent permitted by
Law, the defense of any inconvenient forum to the maintenance of such action or proceeding in any
such court.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(c) </B>Each of the Parties hereto agrees that it will not, nor will it permit any of its
Affiliates to, bring or support any Action, whether in law or in equity, whether in contract or in
tort or otherwise, against any of the Debt Financing Sources in any way relating to this Agreement
or any of the transactions contemplated by this Agreement or the Debt Financing, including but not
limited to any dispute arising out of or relating in any way to the Commitment Letter, any credit
or other agreement entered into with the Debt Financing Sources or the performance thereof or the
services provided thereunder, in any forum other than the Supreme Court of the State of New York,
County of New York or the United States District Court for the Southern District of New York
located in the borough of Manhattan in the City of New York, or if such court does not have
jurisdiction, the Supreme Court of the State of New York, New York County and appellate courts
from any thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.11 Waiver of Jury Trial.</B>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->76<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE OUT OF OR
RELATING TO THIS AGREEMENT, THE COMMITMENT LETTER, THE DEBT FINANCING OR ANY CREDIT AGREEMENT
ENTERED INTO BY BUYER OR BUYER PARENT WITH ANY DEBT FINANCING SOURCES IS LIKELY TO INVOLVE
COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES
ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR BY THE
COMMITMENT LETTER, THE DEBT FINANCING OR ANY CREDIT OR OTHER AGREEMENT ENTERED INTO BY BUYER OR
BUYER PARENT WITH ANY DEBT FINANCING SOURCES.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>EACH PARTY HERETO CERTIFIES AND ACKNOWLEDGES THAT (1)&nbsp;NO REPRESENTATIVE, AGENT OR ATTORNEY
OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE
EVENT OF LITIGATION, SEEK TO ENFORCE THE WAIVERS SET FORTH IN <U>SECTION 12.11(A)</U>, (2)&nbsp;IT
UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVERS, (3)&nbsp;IT MAKES SUCH WAIVERS
VOLUNTARILY, AND (4)&nbsp;IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE
WAIVERS AND CERTIFICATIONS IN SUCH SECTION.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.12 Incorporation of Exhibits and Disclosure Schedules</B>. The Exhibits and Schedules identified in this Agreement are incorporated herein by reference
and made a part hereof. Any disclosure contained in one Exhibit or one Section of the Company
Disclosure Schedule will be deemed to be disclosed in all Exhibits and all sections of the Company
Disclosure Schedule to the extent its relevance to other sections is readily apparent. Inclusion
of any item on an Exhibit or in the Company Disclosure Schedules (a)&nbsp;does not represent a
determination that such item is material nor shall it be deemed to establish a standard of
materiality, (b)&nbsp;does not represent a determination that such item did not arise in the ordinary
course of business, (c)&nbsp;does not represent a determination that the transactions contemplated by
this Agreement do or do not require the consent of third parties and (d)&nbsp;will not constitute, or be
deemed to be, an admission to any third party concerning such item.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.13 Amendments</B>. Subject to <U>Section&nbsp;12.3</U>, no amendment of any provision of this Agreement shall be
valid unless the same shall be in writing and signed by Seller and Buyer. Notwithstanding anything
to the contrary in this Agreement, the last sentence of <U>Section&nbsp;12.3</U> <U>Section
11.2(b)</U>, <U>Section&nbsp;12.10(c)</U>, <U>Section&nbsp;12.11(a)</U> and this <U>Section&nbsp;12.13</U> (and
the related definitions of this Agreement solely to the extent an amendment or modification thereof
would serve to modify the substance or provisions of such Sections in any material and adverse
respect) may not be amended, modified, or supplemented in a manner that is materially adverse to
the Debt Financing Sources, without the prior written consent of the Debt Financing Sources, which
consent shall not be unreasonably withheld, conditioned or delayed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.14 Expenses</B>. Except as otherwise expressly set forth herein and the filing fees paid pursuant to the HSR
Act (which shall be paid 50% by Buyer and 50% by Seller), each of the Parties will bear its own
costs and expenses (including legal fees and expenses) incurred in
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->77<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">connection with this Agreement
and the transactions contemplated hereby, whether or not the transactions contemplated herein are
consummated.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.15 Drafting</B>. Preparation of this Agreement has been a joint effort of the Parties and the resulting
Agreement may not be construed more severely against one of the Parties than against the other.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.16 No Waiver</B>. The failure in any one or more instances of a Party to insist upon performance of any of
the terms, covenants or conditions of this Agreement, to exercise any right or privilege in this
Agreement conferred, or to waive any breach of any of the terms, covenants or conditions of this
Agreement, shall not be construed as a subsequent waiver of any such terms, covenants, conditions,
rights or privileges, but the same shall continue and remain in full force and effect as if no such
forbearance or waiver had occurred. No waiver shall be effective unless it is in writing and
signed by an authorized representative of the waiving Party.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section&nbsp;12.17 Guaranty</B>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(a) </B>Seller Parent fully, irrevocably and unconditionally guarantees to Buyer the full,
complete and timely compliance with and performance of all agreements, covenants and obligations of
Seller and its Affiliates (other than the Company and its Subsidiaries) and, prior to the Closing,
the Company and its Subsidiaries under this Agreement and the Ancillary Documents (the &#147;<U>Seller
Obligations</U>&#148;) (collectively, the &#147;<U>Seller Parent Guaranty</U>&#148;). The Seller Obligations
shall include Seller&#146;s obligation to satisfy all indemnification and other payment obligations of
Seller arising in connection with this Agreement and the Ancillary Documents, in each case, when
and to the extent that, any of the same shall become due and payable or performance of or
compliance with any of the same shall be required. The Seller Parent Guaranty constitutes an
irrevocable and continuing guarantee of payment and performance and Seller Parent shall be liable
for any breach of any of the Seller Obligations. The Seller Parent Guaranty shall remain in full
force and effect and shall be binding on Seller Parent and its successors and assigns until all of
the Seller Obligations have been satisfied in full (which, for the avoidance of doubt, shall not be
deemed to have occurred until the date following the date on which all indemnification obligations
of Seller under this Agreement expire).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(b) </B>Buyer Parent fully, irrevocably and unconditionally guarantees to Seller the full,
complete and timely compliance with and performance of all agreements, covenants and obligations of
Buyer and its Affiliates and, after the Closing, the Company and its Subsidiaries under this
Agreement and the Ancillary Documents (the &#147;<U>Buyer Obligations</U>&#148;) (collectively, the
&#147;<U>Buyer Parent Guaranty</U>&#148;). The Buyer Obligations shall include Buyer&#146;s obligation to
satisfy all indemnification and other payment obligations of Buyer arising in connection with this
Agreement and the Ancillary Documents, in each case, when and to the extent that, any of the same
shall become due and payable or performance of or compliance with any of the same shall be
required. The Buyer Parent Guaranty constitutes an irrevocable and continuing guarantee of payment
and performance and Buyer Parent shall be liable for any breach of any of the Buyer Obligations.
The Buyer Parent Guaranty shall remain in full force and effect and shall be binding on Buyer
Parent and its successors and assigns until all Buyer Obligations have been satisfied in full
(which, for the avoidance of doubt, shall not be deemed to have occurred until
</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->78<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">the date following
the date on which all indemnification obligations of Buyer under this Agreement expire).
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">&#091;<I>Signature page follows</I>&#093;
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->79<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by their
respective officers thereunto duly authorized as of the date first above written.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="55%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap>THE GARY-WILLIAMS COMPANY, a Delaware corporation</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By: <U>/s/ Ronald W. Williams</U></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: Ronald W. Williams</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title: President</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">GWEC HOLDING COMPANY, a Delaware  corporation</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By: <U>/s/ Ronald W. Williams</U></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: Ronald W. Williams</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title: President</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">GARY-WILLIAMS ENERGY CORPORATION, a Delaware
corporation</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By: <U>/s/ Ronald W. Williams</U></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: Ronald W. Williams</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title: President</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">CVR ENERGY, INC., a Delaware corporation</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By: <U>/s/ John J. Lipinski</U></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: John J. Lipinski</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title: Chief Executive Officer and President</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap>COFFEYVILLE RESOURCES, LLC, a Delaware limited liability company</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By: <U>/s/ John J. Lipinski</U></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: John J. Lipinski</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title: Chief Executive Officer and President</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page of Stock Purchase and Sale Agreement</I>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>



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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>y93739aexv10w1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv10w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Exhibit&nbsp;10.1
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>INCREMENTAL COMMITMENT AGREEMENT</U>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Deutsche Bank Trust Company Americas<BR>
Barclays Bank PLC<BR>
The Royal Bank of Scotland PLC<BR>
SunTrust Bank<BR>
Wells Fargo Bank, N.A.<BR>
JP Morgan Chase Bank, N.A.<BR>
PNC Bank, N.A.<BR>
Capital One, N.A.<BR>
Comerica Bank<BR>
Flagstar Bank, FSB<BR>
City National Bank</B>
</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 12pt">December&nbsp;15, 2011
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Coffeyville Resources, LLC<BR>
2277 Plaza Drive<BR>
Suite&nbsp;500<BR>
Sugar Land, Texas 77479<BR>
Attention: Edward A. Morgan, Chief Financial Officer and Treasurer

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Re: <U>Incremental Commitments</U>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Ladies and Gentlemen:

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reference is hereby made to the ABL Credit Agreement, dated as of February&nbsp;22, 2011, among
Coffeyville Pipeline, Inc., Coffeyville Refining &#038; Marketing, Inc., Coffeyville Nitrogen
Fertilizers, Inc., Coffeyville Crude Transportation, Inc., Coffeyville Terminal, Inc., CL JV
Holdings, LLC, Coffeyville Resources, LLC (the &#147;<U>Company</U>&#148;), Coffeyville Resources Refining &#038;
Marketing, LLC, Coffeyville Resources Pipeline, LLC, Coffeyville Resources Crude Transportation,
LLC, Coffeyville Resources Terminal, LLC, certain other Subsidiaries of the Holding Companies and
the Company from time to time party thereto, the lenders from time to time party thereto, Deutsche
Bank Trust Company Americas, JPMorgan Chase Bank, N.A. and Wells Fargo Capital Finance, LLC, as
Co-ABL Collateral Agents, and Deutsche Bank Trust Company Americas, as Administrative Agent and
Collateral Agent (as amended, restated, modified or supplemented from time to time, the &#147;<U>Credit
Agreement</U>&#148;). Unless otherwise defined herein, capitalized terms used herein shall have the
respective meanings set forth in the Credit Agreement. Each lender (each an &#147;<U>Incremental
Lender</U>&#148;) party to this letter agreement (this &#147;<U>Agreement</U>&#148;) hereby severally agrees to
provide the Incremental Commitment set forth opposite its name on <U>Annex I</U> attached hereto
(for each such Incremental Lender, its &#147;<U>Incremental Commitment</U>&#148;). Each Incremental
Commitment provided pursuant to this Agreement shall be subject to all of the terms and conditions
set forth in the Credit Agreement, including, without limitation, Sections&nbsp;2.01(a) and 2.15
thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Incremental Lender, the Borrowers and the Administrative Agent acknowledge and agree that
the Incremental Commitments provided pursuant to this Agreement shall constitute Incremental
Commitments and, upon the Agreement Effective Date (as
</DIV>


</DIV>
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="right" style="font-size: 10pt"><!-- Folio -->Page 2<!-- /Folio -->

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">hereinafter defined), the Incremental
Commitment of each Incremental Lender shall become, or in the case of an existing Lender, shall be
added to (and thereafter become a part of), the Revolving Loan Commitment of such Incremental
Lender. Each Incremental Lender, the Borrowers and the Administrative Agent further agree that,
with respect to the Incremental Commitment provided by each Incremental Lender pursuant to this
Agreement, such Incremental Lender shall receive from the Borrowers such upfront fees and/or other
fees, if any, as may be separately agreed to in writing with the Borrowers, all of which fees shall
be due and payable to such Incremental Lender on the terms and conditions set forth in each such
separate agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Furthermore, each of the parties to this Agreement hereby agrees to the terms and conditions
set forth on <U>Annex I</U> hereto in respect of each Incremental Commitment provided pursuant to
this Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Incremental Lender party to this Agreement, to the extent not already a party to the
Credit Agreement as a Lender thereunder, (i)&nbsp;confirms that it is an Eligible Transferee, (ii)
confirms that it has received a copy of the Credit Agreement and the other Credit Documents,
together with copies of the financial statements referred to therein and such other documents and
information as it has deemed appropriate to make its own credit analysis and decision to enter into
this Agreement and to become a Lender under the Credit Agreement, (iii)&nbsp;agrees that it will,
independently and without reliance upon the Administrative Agent or any other Lender and based on
such documents and information as it shall deem appropriate at the time, continue to make its own
credit decisions in taking or not taking action under the Credit Agreement and the other Credit
Documents, (iv)&nbsp;appoints and authorizes the Administrative Agent and the Collateral Agent to take
such action as agent on its behalf and to exercise such powers under the Credit Agreement and the
other Credit Documents as are delegated to the Administrative Agent and the Collateral Agent, as
the case may be, by the terms thereof, together with such powers as are reasonably incidental
thereto, (v)&nbsp;agrees that it will perform in accordance with their terms all of the obligations
which by the terms of the Credit Agreement and the other Credit Documents are required to be
performed by it as a Lender, and (vi)&nbsp;attaches the applicable forms and/or Section&nbsp;5.04(b)(ii)
Certificate referred to in Section&nbsp;5.04(b) of the Credit Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon the date of (i)&nbsp;the execution of a counterpart of this Agreement by each Incremental
Lender, each Borrower, each Holding Company, each Subsidiary Guarantor and the Administrative
Agent, (ii)&nbsp;the delivery to the Administrative Agent and the Company of a fully executed
counterpart (including by way of facsimile or other electronic transmission) hereof, (iii)&nbsp;the
payment of any fees then due and payable in connection herewith and (iv)&nbsp;the satisfaction of any
other conditions precedent set forth in Section&nbsp;4 of <U>Annex I</U> hereto (such date, the
&#147;<U>Agreement Effective Date</U>&#148;), each Incremental Lender party hereto (x)&nbsp;shall be obligated to
make the Revolving Loans provided to be made by it as provided in this Agreement, and participate
in Swingline Loans and Letters of Credit made or issued on the terms, and subject to the
conditions, set forth in the Credit Agreement and in this Agreement and (y)&nbsp;to the extent provided
in this Agreement, shall have the rights and obligations of a Lender thereunder and under the other
applicable Credit Documents.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Borrower acknowledges and agrees that (i)&nbsp;they shall be jointly and severally liable for
all Obligations of any Borrowers with respect to the Incremental
Commitments provided hereby as provided in the Credit Agreement including, without limitation,
all Revolving Loans made pursuant thereto, and (ii)&nbsp;all such Obligations (including all such
</DIV>




</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="right" style="font-size: 10pt"><!-- Folio -->Page 3<!-- /Folio -->

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Revolving Loans) shall be entitled to the benefits of the respective Security Documents and the
Guaranty in accordance with the requirements of the Credit Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Borrower acknowledges and agrees that, on the Incremental Commitment Date, (i)&nbsp;the
representations and warranties contained in the Credit Agreement and in the other Credit Documents
are true and correct in all material respects with the same effect as though such representations
and warranties had been made on the Incremental Commitment Date, both before and after giving
effect to the Credit Event to occur on the Incremental Commitment Date and the application of the
proceeds thereof, unless stated to relate to a specific earlier date, in which case such
representations and warranties were true and correct in all material respects as of such earlier
date (it being understood that any representation or warranty that is qualified as to
&#147;materiality,&#148; &#147;Material Adverse Effect&#148; or similar language shall be true and correct in all
respects on any such date), and (ii)&nbsp;no Default or Event of Default exists or would exist after
giving effect to the Credit Event or the application of proceeds therefrom.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Holding Company and each Subsidiary Guarantor acknowledge and agree that all Obligations
with respect to the Incremental Commitments provided hereby and all Revolving Loans made pursuant
thereto shall (i)&nbsp;be fully guaranteed pursuant to the Guaranty as, and to the extent, provided
therein and in the Credit Agreement and (ii)&nbsp;be entitled to the benefits of the Credit Documents
as, and to the extent, provided therein and in the Credit Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attached hereto as <U>Annex II</U> is a true and correct copy of the officer&#146;s certificate of
the Company and Borrowing Base Certificate required to be delivered pursuant to clause (iv)&nbsp;of the
definition of &#147;Incremental Commitment Requirements&#148; appearing in Section&nbsp;1.01 of the Credit
Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You may accept this Agreement by signing the enclosed copies in the space provided below, and
returning one copy of same to us before the close of business on December&nbsp;15, 2011. If you do not
so accept this Agreement by such time, our Incremental Commitments set forth in this Agreement
shall be deemed canceled.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After the execution and delivery to the Administrative Agent of a fully executed copy of this
Agreement (including by way of counterparts and by facsimile or other electronic transmission) by
the parties hereto, this Agreement may only be changed, modified or varied by written instrument in
accordance with the requirements for the modification of Credit Documents pursuant to Section&nbsp;13.12
of the Credit Agreement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event of any conflict between the terms of this Agreement and those of the Credit
Agreement, the terms of the Credit Agreement shall control.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">* &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;* &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*
</DIV>





</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="right" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE
OF NEW YORK WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES.</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="50%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Very truly yours,</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">DEUTSCHE BANK TRUST COMPANY AMERICAS</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Michael Getz</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>Name:&nbsp;Michael Getz</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title:&nbsp;Vice President</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Marguerite Sutton</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Name:&nbsp;Marguerite Sutton
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title:&nbsp;Director</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>





</DIV>
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>



<DIV style="font-family: 'Times New Roman',Times,serif">
</div>
<P align="right" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="50%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" nowrap>SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY<BR>
AMERICAS</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">NAME OF INSTITUTION:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>

<TD colspan="3" valign="top" align="left" style="border-bottom: 0px solid #000000"><U>JP
Morgan Chase Bank, N.A.</U></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

</table>


<DIV align="center">

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="47%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>


<TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

<TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/
J. Devin Mock&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">J. Devin Mock&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Authorized Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>







<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>




</DIV>
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY<BR>
AMERICAS
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>Wells Fargo Bank, N.A.</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Jeff Ruyston
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Jeff Ruyston&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Director&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY<BR>
AMERICAS

</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>SunTrust Bank</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Christopher M. Waterstreet
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Christopher M. Waterstreet&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY AMERICAS
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>The Royal Bank of Scotland PLC</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ James L. Moyes
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">James L. Moyes&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Authorised Signatory&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY AMERICAS
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>PNC Bank, N.A.</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Jeffrey Marchetti
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Jeffrey Marchetti&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY AMERICAS
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>Barclays Bank PLC</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Vanessa A. Kurbatskiy
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Vanessa A. Kurbatskiy&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY AMERICAS
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>Capital One, N.A.</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Matthew L. Molero
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Matthew L. Molero&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY AMERICAS
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>Comerica Bank</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ L.J. Perenyi
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">L.J. Perenyi&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY AMERICAS
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>Flagstar Bank, FSB</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Willard D. Dickerson, Jr.
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Willard D. Dickerson, Jr.&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Senior Vice President&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 40%">SIGNATURE PAGE TO INCREMENTAL COMMITMENT<BR>
AGREEMENT, DATED AS OF THE FIRST DATE WRITTEN ABOVE,<BR>
AMONG THE BORROWERS, THE GUARANTORS, VARIOUS<BR>
INCREMENTAL LENDERS AND DEUTSCHE BANK TRUST COMPANY AMERICAS
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">NAME OF INSTITUTION:<BR>
<U>City National Bank</U><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Brent Phillips
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Brent Phillips&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="right" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Agreed and Accepted to as of<BR>
the date first written above:

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE RESOURCES, LLC
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE RESOURCES REFINING &#038; MARKETING, LLC
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE RESOURCES PIPELINE, LLC
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE RESOURCES CRUDE TRANSPORTATION, LLC
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE RESOURCES TERMINAL, LLC
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>





</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="right" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">GARY-WILLIAMS ENERGY CORPORATION
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">WYNNEWOOD REFINING COMPANY
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>




</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="right" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Each Guarantor acknowledges and agrees to each the foregoing provisions of this Incremental
Commitment Agreement and to the incurrence of the Revolving Loans to be made pursuant thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE NITROGEN FERTILIZERS, INC.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CL JV HOLDINGS, LLC
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE REFINING &#038; MARKETING, INC.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE TERMINAL, INC.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE PIPELINE, INC.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE CRUDE TRANSPORTATION, INC.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>




</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="right" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">COFFEYVILLE FINANCE INC.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CVR GP, LLC
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By: <U>/s/ Edward A. Morgan</U><BR>
Name: Edward A. Morgan<BR>
Title: Chief Financial Officer and Treasurer

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><I>Signature Page &#151; Incremental Commitment Agreement</I>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><U>ANNEX I</U>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>TERMS AND CONDITIONS FOR INCREMENTAL COMMITMENT AGREEMENT</U><BR>
Dated as of December&nbsp;15, 2011
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Names of the Borrowers:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Coffeyville Resources, LLC</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Coffeyville Resources Refining &#038; Marketing, LLC</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Coffeyville Resources Pipeline, LLC</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Coffeyville Resources Crude Transportation, LLC</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Coffeyville Resources Terminal, LLC</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Gary-Williams Energy Corporation</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Wynnewood Refining Company</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Incremental Commitment amounts (as of the Agreement Effective Date):</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Names of Incremental Lenders</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Amount of Incremental Commitment</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Deutsche Bank Trust Company Americas</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$16,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">JPMorgan Chase Bank, N.A.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$14,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Wells Fargo Bank, N.A.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$21,500,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SunTrust Bank</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$13,500,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">The Royal Bank of Scotland PLC</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$12,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PNC Bank, N.A.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$10,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Barclays Bank PLC</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$8,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Capital One, N.A.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$15,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Comerica Bank</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$10,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Flagstar Bank, FSB</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$20,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">City National Bank</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$10,000,000</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">$150,000,000</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Applicable Margins and Adjustable Applicable Margins to be applicable to all Revolving Loans</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As currently provided in the Credit Agreement.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Other Conditions Precedent:</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The satisfaction of all conditions precedent in Sections&nbsp;2.15 and 7 of the Credit
Agreement (including, without limitation, the satisfaction of all Incremental Commitment
Requirements),
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;that certain Stock Purchase and Sale Agreement by and among The Gary Williams Company,
GWEC Holding Company, Inc., Gary-Williams Energy Corporation, CVR Energy, Inc. (&#147;<U>Parent</U>&#148;)
and the Company, dated November&nbsp;2, 2011, relating to the Company&#146;s acquisition (the
&#147;<U>Acquisition</U>&#148;) of all or substantially all of the business (including, without limitation,
all assets, licenses and related operations) of Gary-Williams Energy Corporation and (indirectly)
its subsidiaries (collectively the &#147;<U>Acquired Business</U>&#148;) (including, but not limited to, all
schedules and exhibits thereto) (collectively, the &#147;<U>Acquisition Agreement</U>&#148;) shall be in
full force and effect. Concurrently with the funding of $400.0&nbsp;million of cash on hand (the
&#147;<U>Cash Contribution</U>&#148;) and (if applicable) the funding under a new senior secured bridge
facility (the &#147;<U>Senior Secured Bridge Facility</U>&#148;) and/or the issuance of senior secured notes
issued as Additional Notes under the Company&#146;s Indenture dated as of April&nbsp;6, 2010 generating gross
proceeds of up to $275.0&nbsp;million in a Rule&nbsp;144A or other private placement without registration
rights (the &#147;<U>Senior Secured Notes</U>&#148;), the Acquisition shall have been consummated in
accordance with the Acquisition Agreement, and the Acquisition Agreement shall not have been
altered, amended or otherwise changed or supplemented or any provision or condition therein waived
if such alteration, amendment, change, supplement or waiver would be adverse to the interests of
the Incremental Lenders in any material respect, in any such case without the prior written consent
of Deutsche Bank Trust Company Americas, Deutsche Bank Securities Inc., Barclays Capital, Barclays
Bank PLC, The Royal Bank of Scotland plc, RBS Securities Inc., SunTrust Bank and SunTrust Robinson
Humphrey, Inc. (collectively, the &#147;<U>Agents</U>&#148;) (which consent may not be unreasonably
withheld, conditioned or delayed); <U>provided</U> that any reduction in purchase price (excluding
the effect of any working capital adjustments as provided in the Acquisition Agreement) of more
than 10% shall be deemed to be materially adverse and any reduction in purchase price shall result
in a reduction in the Senior Secured Bridge Facility (or the Senior Secured Notes in lieu thereof),
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;since December&nbsp;31, 2010, no event has occurred which, individually or in the aggregate,
has had, or would be reasonably expected to have, a Target Material Adverse Effect. As used in this
paragraph (c), the term &#147;<U>Target Material Adverse Effect</U>&#148; shall mean, with respect to
Gary-Williams Energy Corporation, any result, occurrence, condition, fact, change, violation,
event, discovery of information, circumstance, state of facts or effect that, individually or in
the aggregate, (x)&nbsp;materially delays (except with respect to the conditions to Closing set forth in
Article&nbsp;5 of the Acquisition Agreement) or prevents the ability of Seller Parent, Seller,
Gary-Williams Energy Corporation or its Subsidiaries to perform its obligations under the
Acquisition Agreement or any of the Ancillary Documents or to consummate the transactions
contemplated thereby, or (y)&nbsp;is materially adverse to the financial condition, business,
properties, assets,
</DIV>




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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">liabilities or results of operations of Gary-Williams Energy Corporation and its Subsidiaries taken
as a whole, <U>provided</U>, <U>however</U>, that in the case of clause (y), no Excluded Matter
shall be taken into account in determining whether there has been a Target Material Adverse Effect.
Defined terms used in this paragraph (c)&nbsp;without definition shall have the meanings ascribed
thereto in the Acquisition Agreement (as in effect on the date hereof),
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;the Company shall have satisfied all of the requirements of the Credit Agreement
applicable to a Permitted Acquisition in connection with the Acquisition (including all of the
requirements set forth in Sections&nbsp;9.13 and 10.12 of the Credit Agreement),
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;after giving effect to the consummation of the transactions described in paragraph (b)&nbsp;of
this Section&nbsp;4 (the &#147;<U>Transaction</U>&#148;), CVR Energy, Inc. and its subsidiaries (other than CVR
Partners, LP and its subsidiary) shall have no outstanding preferred equity or indebtedness, except
for (i)&nbsp;the Senior Secured Notes and/or the Senior Secured Bridge Loans, (ii)&nbsp;debt incurred under
the Credit Agreement (including debt incurred under $150.0&nbsp;million in aggregate Incremental
Commitments (the &#147;<U>Incremental Revolving Loan Facility</U>&#148;)), (iii)&nbsp;the Company&#146;s existing
First Lien Senior Secured Notes due 2015 (the &#147;<U>Existing Notes</U>&#148;), (iv)&nbsp;the Company&#146;s 10.875%
Second Lien Notes due 2017, (v)&nbsp;the mark-to-market value of any derivative instruments, (vi)&nbsp;such
other debt identified in CVR Energy, Inc.&#146;s most recent quarterly report on Form 10-Q, (vii)
capital leases and other debt of the Acquired Business in an aggregate amount not to exceed $50.0
million and (viii)&nbsp;such other indebtedness not exceeding $30.0&nbsp;million in the aggregate or as shall
be agreed to by the Agents. The Acquisition and the Senior Secured Bridge Loans and/or the Senior
Secured Notes (and any liens securing such obligations) and all existing debt of the Acquired
Business (and any liens securing such obligations) that is to remain outstanding after giving
effect to the consummation of the Transaction, in each case, shall be permitted under the Credit
Agreement without resulting in any Default or Event of Default thereunder,
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;the Incremental Lenders shall have received (1)&nbsp;customary legal opinions from counsel
(including, without limitation, New York counsel) covering matters reasonably acceptable to the
Agents, (2)&nbsp;a solvency certificate, in form and substance reasonably satisfactory to the Agents,
from the chief financial officer of the Company as to the solvency of the Company and its
Subsidiaries on a consolidated <U>pro</U> <U>forma</U> basis and (3)&nbsp;other customary and
reasonably satisfactory closing and corporate documents, resolutions, certificates, instruments,
lien searches and deliverables, or an agreement to provide any of the foregoing set forth in clause
(3)&nbsp;on a post-closing basis,
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;the Agents shall have received and be satisfied with (1)(a) audited consolidated balance
sheets and related statements of income and cash flows of the Acquired Business for the three
fiscal years of the Acquired Business ended at least 90&nbsp;days prior to the Agreement Effective Date,
and (b)&nbsp;audited consolidated balance sheets and related statements of income and cash flows of the
Parent for the three fiscal years of the Company ended at least 90&nbsp;days prior to the Agreement
Effective Date (it being understood that the Agents have received such financial statements for the
fiscal years ended 2008, 2009 and 2010), (2)(a) unaudited consolidated balance sheets and related
statements of income and cash flows of the Acquired Business for each fiscal quarter of the
Acquired Business ended after the close of its most recent fiscal year and at least 45&nbsp;days prior
to the Agreement Effective Date, and (b)&nbsp;unaudited consolidated
</DIV>




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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">balance sheets and related statements of income and cash flows of the Parent for each fiscal
quarter of the Parent ended after the close of its most recent fiscal year and at least 45&nbsp;days
prior to the Agreement Effective Date (it being understood that the Agents have received the
financial statements for the quarterly period ended March&nbsp;31, 2011 and June&nbsp;30, 2011 as of the date
hereof), (3) <U>pro</U> <U>forma</U> consolidated financial statements of the Parent and its
subsidiaries (including the Acquired Business) prepared on a basis consistent with the Parent&#146;s
historical audited financial statements referred to above and a <U>pro</U> <U>forma</U>
consolidated statement of income of the Parent for the twelve-month period ending on the last day
of the most recently completed four-fiscal-quarter period ended at least 45&nbsp;days before the
Agreement Effective Date, prepared after giving effect to the Transaction as if the Transaction had
occurred at the beginning of such period, and (4)&nbsp;detailed projected consolidated financial
statements of the Company and its subsidiaries for at least the five fiscal years ending after the
Agreement Effective Date, which projections shall (x)&nbsp;reflect the forecasted consolidated financial
condition of the Company and its subsidiaries after giving effect to the Transaction and the
related financing thereof, (y)&nbsp;be prepared and approved by the Company, and (z)&nbsp;show minimum
utilization of drawings under the Credit Agreement (including under the Incremental Revolving Loan
Facility) of at least $60.0&nbsp;million (inclusive of outstanding Letters of Credit). It being
understood that to the extent the Parent publicly files any financial statement with the SEC that
are required by this paragraph (g)&nbsp;such financial statements when filed shall be deemed received by
the Agents,
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;all fees and expenses related to the Transaction payable to the Agents or the Incremental
Lenders presented to the Company not less than two business days prior to the Agreement Effective
Date and required to be paid on the Agreement Effective Date shall have been paid to the extent
due,
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;the Agents shall have received all documentation and other information required by
regulatory authorities under applicable &#147;know your customer&#148; and anti-money laundering rules and
regulations, including without limitation the PATRIOT Act, to the extent reasonably requested in
writing at least 10 calendar days prior to the Agreement Effective Date by the Agents, and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;after giving effect to the Transactions and any borrowings of Loans or issuances of
Letters of Credit under the Credit Agreement (including under the Incremental Revolving Loan
Facility) on the Agreement Effective Date, Excess Availability shall be greater than $100.0
million.
</DIV>



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</DIV>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>y93739aexv99w1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w1</TITLE>
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<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Exhibit&nbsp;99.1
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="y93739ay9373902.gif" alt="(CVR ENERGY LOGO)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><FONT style="FONT-variant: SMALL-CAPS"><B>CVR Energy Completes Acquisition </B></FONT><BR>
<FONT style="FONT-variant: SMALL-CAPS"><B>Of WYNNEWOOD, OKLA., REFINERY</B></FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SUGAR LAND, Texas (Dec. 15, 2011) </B>&#151; CVR Energy, Inc. (NYSE: CVI) today announced that it has
completed its acquisition of Gary-Williams Energy Corporation and its Wynnewood, Okla., refinery
and related assets.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">With 70,000 bpd in crude throughput capacity and a complexity rating of 9.3, the Wynnewood
refinery provides an immediate and meaningful increase in the scale and diversity of CVR
Energy&#146;s refining operations. With this acquisition, CVR Energy now has more than 185,000 bpd of
processing capacity at two locations in the attractive and
historically underserved PADD II, Group 3 region.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;This
acquisition is accretive to our shareholders, provides the company
with diversity of cash flows, and creates an opportunity to improve
both Coffeyville and Wynnewood earnings due to anticipated
synergies,&#148; said Chief Executive Officer Jack Lipinski.
&#147;Adding the Wynnewood Refinery to our portfolio removes the
single asset issue raised by analysts and shareholders. This view is
supported by Moody&#146;s recent upgrading of the ratings on both the
company and its debt.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In connection with the transaction, CVR Energy said its wholly-owned subsidiaries, Coffeyville
Resources, LLC and Coffeyville Finance Inc., have also completed an offering of $200&nbsp;million
aggregate principal amount of 9&nbsp;percent first lien senior secured notes due 2015 to partially fund
the acquisition of Gary Williams Energy Corporation and pay estimated fees and
expenses. In addition, the company increased the size of its ABL
Credit Facility by $150&nbsp;million from $250&nbsp;million to
$400&nbsp;million to support larger working capital demands
associated with operating the second refinery.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>About CVR Energy, Inc.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Headquartered in Sugar Land, Texas, CVR Energy, Inc.&#146;s subsidiary and affiliated businesses operate
independent refining assets in Coffeyville, Kan. and Wynnewood, Okla. with more than 185,000 barrels
per day of processing capacity, a marketing network for supplying high value transportation fuels
to customers through tanker trucks and pipeline terminals, and a crude oil gathering system serving
central Kansas, Oklahoma, western Missouri and southwest Nebraska. In addition, CVR Energy
subsidiaries own a majority interest in and serve as the general partner of CVR Partners, LP, a
producer of ammonia and urea ammonium nitrate, or UAN, fertilizers.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For further information, please contact:
</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Investor Relations:</B><BR>
Jay Finks<BR>
CVR Energy, Inc.<BR>
281-207-3588<BR>
<u>InvestorRelations@CVREnergy.com</u>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Media Relations:</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">Steve Eames<BR>
CVR Energy, Inc.<BR>
281-207-3550<BR>
<u>MediaRelations@CVREnergy.com</u>

</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>




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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>5
<FILENAME>y93739aexv99w2.htm
<DESCRIPTION>EX-99.2
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w2</TITLE>
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<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="right" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <FONT style="font-family: Arial, Helvetica">Exhibit 99.2</FONT>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">


    <A name='Y93739112'><B><FONT style="font-family: Arial, Helvetica">UNAUDITED
    PRO FORMA CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS</FONT></B></A>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">Introduction</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    Presented below are our pro forma condensed consolidated
    statements of operations for the year ended December&#160;31,
    2010 and the nine and twelve months ended September&#160;30,
    2011 and the pro forma condensed consolidated balance sheet as
    of September&#160;30, 2011. The pro forma condensed consolidated
    statements of operations give effect to this offering and the
    Acquisition (including the acquisition of GWEC&#146;s working
    capital) and the offering of 9% Senior Secured Notes due 2015
(the &#147;Offering&#148;) as if they had occurred at the beginning of the periods
    presented, and the pro forma condensed consolidated balance
    sheet as of September&#160;30, 2011 gives effect to the Acquisition (including the acquisition of
    GWEC&#146;s working capital) and the Offering as if they had occurred on
    September&#160;30, 2011. We describe the assumptions underlying
    the pro forma adjustments in the accompanying notes, which
    should be read in conjunction with these unaudited pro forma
    condensed consolidated financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The pro forma adjustments are based upon available information
    and certain assumptions that we believe are reasonable. The pro
    forma adjustments described in the accompanying notes will be
    made as of the closing date of the Acquisition and may differ
    from those reflected in these unaudited pro forma condensed
    consolidated financial statements. Revisions to the pro forma
    adjustments which may be required by final purchase price
    allocations
    <FONT style="white-space: nowrap">and/or</FONT>
    pre-closing or post-closing price adjustments, if any, may have
    a significant impact on the total assets, total liabilities and
    stockholders&#146; equity, depreciation and amortization and
    interest expense. The unaudited pro forma condensed consolidated
    financial information is for informational purposes only and
    does not purport to represent what our results of operation or
    financial position actually would have been if the Acquisition
    had occurred at any date, and such data does not purport to
    project our financial position as of any future date or our
    results of operations for any future period. The unaudited pro
    forma condensed consolidated financial information should be
    read in conjunction with the financial statements and related
    notes of both CVR Energy and GWEC and &#147;Management&#146;s Discussion and
    Analysis of Financial Condition and Results of Operations&#148;
    for CVR Energy.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    1
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica"><!-- XBRL,bs -->UNAUDITED
    PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">AS OF SEPTEMBER
    30, 2011</FONT></B>
</DIV>
<!-- XBRL,body -->

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="53%">&nbsp;</TD> <!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="7%" align="right">&nbsp;</TD>    <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
    <TD width="5%">&nbsp;</TD>  <!-- colindex=05 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=05 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=05 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Adjustments<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>for the<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Total<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>CVR Energy</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>GWEC</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Transactions</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Pro Forma</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="14" align="center" valign="bottom">
    <B>(in thousands, except share data)</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="17" align="center" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>ASSETS</B>
</DIV>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Current assets:</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Cash and cash equivalents
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    898,456
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    28,956
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    210,000
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    439,581
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (5,200
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(b)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,900
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2,600
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(d)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (602,794
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(e)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,000
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(f)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (151
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(g)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (50,070
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(h)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    255
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(i)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (30,371
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(j)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Restricted cash
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    125
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    125
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Accounts receivable, net of allowance for doubtful accounts of
    $912 for CVR Energy, $839 for GWEC and $912 on a pro forma basis
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    83,370
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    137,288
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    220,658
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Accounts receivable, affiliates
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    198
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (198
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(i)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Note receivable&#151;related party
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    57
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (57
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(i)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Investments
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    322
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    322
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Inventories
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    308,929
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    177,213
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    19,500
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(k)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    516,819
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11,177
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(l)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Prepaid expenses and other current assets
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    45,723
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    8,910
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,600
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(b)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    54,580
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    700
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(d)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2,353
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(m)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Deferred income taxes
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    17,643
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    17,643
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Income taxes receivable
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    9,340
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    9,340
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Total current assets</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,363,461
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    353,069
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (457,462
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,259,068
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Property, plant, and equipment, net of accumulated depreciation
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,079,601
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    280,354
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    308,198
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(n)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,654,601
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,709
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(o)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (666
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(p)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (11,177
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(l)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Deferred turnaround costs, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    14,208
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (14,208
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(p)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Intangible assets, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    320
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,090
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,410
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Goodwill
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    40,969
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    40,969
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Deferred financing costs, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    15,194
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,600
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(b)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,846
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,900
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(d)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,495
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(q)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,343
</TD>
<TD nowrap align="left" valign="bottom">
    )(m)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Insurance receivable
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,076
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,076
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Other assets, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,495
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,495
</TD>
<TD nowrap align="left" valign="bottom">
    )(q)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Other long-term assets
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,674
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,674
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Total assets</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,508,295
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    652,216
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (174,867
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,985,644
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    2
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">UNAUDITED PRO
    FORMA CONDENSED CONSOLIDATED BALANCE SHEET&#151;(Continued)<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">AS OF SEPTEMBER
    30, 2011</FONT></B>
</DIV>
<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="53%">&nbsp;</TD> <!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="7%" align="right">&nbsp;</TD>    <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
    <TD width="5%">&nbsp;</TD>  <!-- colindex=05 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=05 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=05 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Adjustments<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>for the<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Total<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>CVR Energy</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>GWEC</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Transactions</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Pro Forma</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="14" align="center" valign="bottom">
    <B>(in thousands, except share data)</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="line-height: 9pt">
<TD colspan="17">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="17" align="center" valign="bottom">
    <B>LIABILITIES AND EQUITY</B>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Current liabilities:</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Current portion of long-term debt
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    46,401
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (45,647
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(h)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (754
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(r)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Note payable and capital lease obligations, current portion
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    165
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    754
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(r)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    919
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Accounts payable
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    185,553
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    197,723
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    383,276
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Personnel accruals
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16,260
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,479
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(s)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    19,739
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Accrued taxes other than income taxes
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,399
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    14,491
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(t)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    34,890
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Tax dividend obligation to parent
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    30,371
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (30,371
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(j)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Deferred revenue
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,565
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,565
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Derivative liabilities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,435
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (7,435
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(u)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Other current liabilities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    61,148
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    19,050
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (151
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(g)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    69,512
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,479
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(s)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (14,491
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(t)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,435
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(u)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Total current liabilities</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    304,090
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    300,980
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (76,169
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    528,901
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Long-term liabilities:</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Long-term debt, net of current portion and discount
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    591,662
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    53,823
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    210,000
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    801,662
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>











<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (4,423
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(h)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>









<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (49,400
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(r)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>



<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Note payable and capital lease obligations
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    49,400
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(r)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    49,400
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>




<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Accrued environmental liabilities, net of current portion
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,600
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,600
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Deferred income taxes
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    360,122
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    360,122
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Other long-term liabilities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    19,256
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    38
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    19,294
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Total long-term liabilities</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    972,640
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    53,861
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    205,577
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,232,078
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Commitments and contingencies</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Equity:</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>CVR stockholders&#146; equity:</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Common Stock $0.01&#160;par value per share,
    350,000,000&#160;shares authorized, 86,634,651 shares issued
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    866
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(v)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    866
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Additional
    <FONT style="white-space: nowrap">paid-in-capital</FONT>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    584,339
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    36,358
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (36,358
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(v)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    584,339
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Retained earnings
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    500,997
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    261,016
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,900
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    494,097
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,000
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(f)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (5,696
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(m)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (14,874
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(p)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (238,737
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(v)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,709
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(o)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Treasury stock, 61,153 at cost
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,605
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,605
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Accumulated other comprehensive income, net of tax
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,016
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,016
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Total CVR stockholders&#146; equity</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,083,581
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    297,375
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (304,275
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,076,681
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Noncontrolling interest
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    147,984
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    147,984
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Total equity</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,231,565
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    297,375
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (304,275
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,224,665
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Total liabilities and equity</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,508,295
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    652,216
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (174,867
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,985,644
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

</DIV>
<!-- /XBRL,bs -->
<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The accompanying notes are an integral part of these unaudited
    pro forma condensed consolidated financial statements.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    3
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">UNAUDITED PRO
    FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">FOR THE YEAR
    ENDED DECEMBER 31, 2010</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>
<!-- XBRL,op -->
<!-- XBRL,body -->
<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="51%">&nbsp;</TD> <!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="9%" align="right">&nbsp;</TD>    <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
    <TD width="5%">&nbsp;</TD>  <!-- colindex=05 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=05 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=05 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Adjustments<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>for the<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Total<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>CVR Energy</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>GWEC</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Transactions</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Pro Forma</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="14" align="center" valign="bottom">
    <B>(in thousands except share data)</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>Net sales</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    4,079,768
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,141,043
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    6,220,811
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Operating costs and expenses:</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Operating expenses
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,086,819
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2,086,819
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Cost of product sold (exclusive of depreciation and amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,568,118
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,968,559
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,536,677
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Direct operating expenses (exclusive of depreciation and
    amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    239,791
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    118,260
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    329,895
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (13,716
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(b)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (14,440
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Insurance recovery&#151;business interruption
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Selling, general and administrative expenses (exclusive of
    depreciation and amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    92,034
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    15,768
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (289
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    106,897
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (616
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(d)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Depreciation and amortization
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    86,761
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    30,263
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    117,024
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Total operating costs and expenses</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,986,704
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,102,587
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,202
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,090,493
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 40pt">
    <B>Operating income</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    93,064
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    38,456
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,202
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    130,318
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Other income (expense):</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Interest expense and other financing costs
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (50,268
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (22,432
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2,218
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(e)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (74,918
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Interest income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,211
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,252
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Gain (loss) on derivatives, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,505
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,505
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Loss on extinguishment of debt
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (16,647
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (16,647
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Other income, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,218
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    80
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,298
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Total other income (expense)</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (64,991
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (22,311
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2,218
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (89,520
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Income before income tax expense</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    28,073
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16,145
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,420
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    40,798
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Income tax expense
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    13,783
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,049
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(f)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,832
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Net income</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    14,290
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16,145
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (8,469
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    21,966
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Less: Net income attributable to noncontrolling interest
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Net income attributable to CVR Energy stockholders</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    14,290
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16,145
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (8,469
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    21,966
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

</DIV>
<!-- /XBRL,op -->
<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The accompanying notes are an integral part of these unaudited
    pro forma condensed consolidated financial statements.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
   4
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">UNAUDITED PRO
    FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">FOR THE NINE
    MONTHS ENDED SEPTEMBER 30, 2011</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>
<!-- XBRL,op -->
<!-- XBRL,body -->
<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="53%">&nbsp;</TD> <!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="9%" align="right">&nbsp;</TD>    <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
    <TD width="3%">&nbsp;</TD>  <!-- colindex=05 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=05 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=05 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Adjustments<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>for the<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Total<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>CVR Energy</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>GWEC</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Transactions</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Pro Forma</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="14" align="center" valign="bottom">
    <B>(in thousands, except share data)</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>Net sales</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    3,966,945
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,041,264
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    6,008,209
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Operating costs and expenses:</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Operating expenses
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,857,186
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,857,186
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Cost of product sold (exclusive of depreciation and amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,086,237
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,699,329
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,785,566
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Direct operating expenses (exclusive of depreciation and
    amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    209,256
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    97,106
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    284,288
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (9,200
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(b)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (12,874
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Insurance recovery&#151;business interruption
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,360
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,360
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Selling, general and administrative expenses (exclusive of
    depreciation and amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    69,017
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    13,903
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (259
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    82,102
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (559
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(d)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Depreciation and amortization
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    66,079
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    22,697
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    88,776
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Total operating costs and expenses</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,427,229
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,871,089
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (60,946
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,237,372
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 40pt">
    <B>Operating income</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    539,716
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    170,175
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    60,946
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    770,837
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Other income (expense):</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Interest expense and other financing costs
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (41,152
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (22,900
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,455
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(e)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (59,597
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Interest income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    578
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    89
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    667
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Gain (loss) on derivatives, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (25,099
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (60,751
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (85,850
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Loss on extinguishment of debt
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2,078
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2,078
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Other income, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    720
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (114
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    606
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Total other income (expense)</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (67,031
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (22,925
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (56,296
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (146,252
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Income before income tax expense</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    472,685
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    147,250
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,650
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    624,585
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Income tax expense
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    172,460
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    60,274
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(f)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    232,734
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Net income</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    300,225
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    147,250
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (55,624
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    391,851
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Less: Net income attributable to noncontrolling interest
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,307
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,307
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Net income attributable to CVR Energy stockholders</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    279,918
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    147,250
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (55,624
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    371,544
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

</DIV>
<!-- /XBRL,op -->
<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The accompanying notes are an integral part of these unaudited
    pro forma condensed consolidated financial statements.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    5
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">UNAUDITED PRO
    FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">FOR THE TWELVE
    MONTHS ENDED SEPTEMBER 30, 2011</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>
<!-- XBRL,op -->
<!-- XBRL,body -->
<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="51%">&nbsp;</TD> <!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="9%" align="right">&nbsp;</TD>    <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=05 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=05 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=05 type=hang1 -->
    <TD width="3%">&nbsp;</TD>  <!-- colindex=06 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=06 type=lead -->
    <TD width="8%" align="right">&nbsp;</TD>    <!-- colindex=06 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=06 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Adjustments<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>CVR<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Historical<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>for the<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Total Pro<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Energy</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>GWEC</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Transactions</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>Forma</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 7pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="18" align="center" valign="bottom">
    <B>(in thousands except share data)</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    <B>Net sales</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,115,129
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,640,334
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    7,755,463
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Operating costs and expenses:</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Operating expenses
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,431,776
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2,431,776
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Cost of product sold (exclusive of depreciation and amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,069,963
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,243,141
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,313,104
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Direct operating expenses (exclusive of depreciation and
    amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    273,472
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    127,884
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    371,992
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (12,468
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(b)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (16,896
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Insurance recovery&#151;business interruption
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,360
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,360
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Selling, general and administrative expenses (exclusive of
    depreciation and amortization)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    112,467
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    17,616
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (336
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    129,113
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (634
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(d)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Depreciation and amortization
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    88,084
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    30,263
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(c)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    118,347
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Total operating costs and expenses</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,540,626
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,449,392
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (60,822
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,929,196
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 40pt">
    <B>Operating income</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    574,503
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    190,942
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    60,822
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    826,267
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    <B>Other income (expense):</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Interest expense and other financing costs
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (54,869
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (28,684
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,083
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(e)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (79,470
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Interest income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,181
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    100
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,281
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Gain (loss) on derivatives, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (34,419
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (60,751
</TD>
<TD nowrap align="left" valign="bottom">
    )&#160;(a)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (95,170
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Loss on extinguishment of debt
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,673
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,673
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Other income, net
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,237
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (772
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    465
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Total other income (expense)</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (90,543
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (29,356
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (56,668
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (176,567
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Income before income tax expense</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    483,960
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    161,586
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,154
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    649,700
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Income tax expense
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    181,441
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    65,765
</TD>
<TD nowrap align="left" valign="bottom">
    &#160;(f)
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    247,206
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Net income</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    302,519
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    161,586
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (61,611
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    402,494
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Less: Net income attributable to noncontrolling interest
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,307
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,307
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    <B>Net income attributable to CVR Energy stockholders</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    282,212
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    161,586
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (61,611
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    382,187
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

</DIV>
<!-- /XBRL,op -->
<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The accompanying notes are an integral part of these unaudited
    pro forma condensed consolidated financial statements.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    6
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL,ns -->
<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTES&#160;TO THE
    UNAUDITED PRO FORMA CONDENSED<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CONSOLIDATED
    FINANCIAL STATEMENTS</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><!-- TABLE 05 -->

<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: Arial, Helvetica">(1)&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: Arial, Helvetica">Organization and
    Basis of Presentation</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The unaudited pro forma condensed consolidated financial
    statements have been prepared based upon the audited and
    unaudited historical consolidated financial statements of CVR
    Energy, Inc. and Gary-Williams Energy Corporation.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The unaudited pro forma condensed consolidated balance sheets
    give effect to the following, as if they had occurred at the end
    of the respective reporting period:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="2%"></TD>
    <TD width="94%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    the consummation of the Acquisition, including the payment of
    $525.0&#160;million plus working capital to the Seller;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    adjustments to the fair value of the tangible and intangible
    assets;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    our issuance of $200.0&#160;million of aggregate principal
    amount of 9% notes due 2015, including the estimated payment
    of associated deferred financing fees of $5.2&#160;million;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    the payment of approximately $6.5&#160;million for fees
    associated with a bridge loan commitment and the
    $150.0&#160;million increase to the ABL Credit Facility;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    the distribution by GWEC to its shareholders, prior to the
    consummation of the Acquisition, of the airplane owned by it and
    the associated debt;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    the repayment of the GWEC&#146;s historical term debt and
    associated accrued interest prior to the consummation of the
    Acquisition;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    the payment of approximately $3.0&#160;million of fees
    associated with the Acquisition;&#160;and
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    conformity of presentation of GWEC&#146;s consolidated financial
    statements to CVR Energy&#146;s consolidated financial
    statements.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The unaudited pro forma condensed consolidated statement of
    operations give effect to the following, as if they had occurred
    at the beginning of the respective reporting period:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="2%"></TD>
    <TD width="94%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    adjustments to depreciation and amortization based upon the
    estimated fair value of tangible and intangible property
    acquired;
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    adjustments to reflect (1)&#160;the estimated tax impact of the
    pro forma adjustments and (2)&#160;the effect of income tax on
    the historical net income of GWEC (which was not subject to
    income tax), in both cases at the statutory rate of
    approximately 39.7% during the period presented;&#160;and
</TD>
</TR>


<TR style="line-height: 6pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#149;&#160;
</TD>
    <TD align="left">
    conformity of presentation of GWEC&#146;s consolidated financial
    statements to CVR Energy&#146;s consolidated financial
    statements.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    The Acquisition will be accounted for under the purchase method
    of accounting as described in Accounting Standards Codification
    (&#147;ASC&#148;) Topic 805, Business Combinations.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    As part of the preparation of the unaudited pro forma condensed
    consolidated financial statements, we have performed a
    preliminary review of tangible and intangible assets to be
    acquired in the Acquisition, and we have based certain
    assumptions upon that preliminary review. A formal valuation
    will be completed following the consummation of the Acquisition
    to assist us in identifying and valuing all tangible and
    intangible assets and their respective lives. We have not fully
    identified all of the adjustments that would result from
    conforming GWEC&#146;s critical accounting policies to those of
    CVR Energy. Accordingly, actual results will differ from
</DIV>
<!-- XBRL Paragraph Pagebreak -->
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    7
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL -->
<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTES&#160;TO THE
    UNAUDITED PRO FORMA CONDENSED<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CONSOLIDATED
    FINANCIAL STATEMENTS&#151;(Continued)</FONT></B>
</DIV>
<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    those reflected in the unaudited pro forma condensed
    consolidated financial statements once we have determined the
    final purchase price for GWEC, completed the valuation analyses
    necessary to finalize the required purchase price allocations
    and identified all necessary conforming accounting changes and
    other acquisition-related adjustments. There can be no assurance
    that such finalization will not result in material changes to
    the unaudited pro forma condensed consolidated financial
    statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    We expect the Acquisition to generate annual cost savings
    associated with synergies by combining overlapping corporate
    functions, optimizing purchasing of crude oil, and through
    greater economies of scale of other procurement and purchasing
    functions.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    However, the unaudited pro forma condensed consolidated
    financial statements do not reflect any cost savings from
    operating efficiencies or synergies.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    We expect to incur significant costs to integrate the
    businesses, including costs in conjunction with the Transition
    Services Agreement entered into with GWEC. The unaudited pro
    forma condensed consolidated financial statements do not reflect
    anticipated future costs associated with the integration of the
    businesses or the costs expected under the Transition Services
    Agreement. The effect of the cost of integrating the businesses
    could materially impact the pro forma financial statements.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><!-- TABLE 05 -->

<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: Arial, Helvetica">(2)&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: Arial, Helvetica">Pro Forma Balance
    Sheet Adjustments and Assumptions</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (a)&#160;Reflects the issuance of $200.0&#160;million principal
    amount of new notes at a premium. These are recorded at their
    face amount, adjusted for the premium received.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (b)&#160;Reflects the estimated deferred financing costs,
    including professional fees incurred, of approximately
    $5.2&#160;million associated with the issuance of the new notes.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (c)&#160;Reflects fees and associated financing costs of
    approximately $3.9&#160;million associated with the bridge loan
    that was committed but undrawn. These amounts are immediately
    expensed and not deferred.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (d)&#160;Reflects deferred financing fees of approximately
    $2.6&#160;million associated with the $150.0&#160;million
    incremental ABL facility.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (e)&#160;Reflects the payment for the stock of GWEC at a
    purchase price of $525.0&#160;million plus working capital.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (f)&#160;Reflects an approximate $3.0&#160;million decrease to
    cash and retained earnings to reflect the estimated transaction
    costs associated with the Acquisition. These represent estimated
    legal, audit, and other professional fees. Additionally, these
    costs are not included in the Unaudited Pro Forma Condensed
    Consolidated Statement of Operations as they are nonrecurring
    expenses.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (g)&#160;Reflects the elimination of accrued interest associated
    with historical debt that is being repaid by GWEC prior to the
    closing of the Acquisition.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (h)&#160;Reflects the elimination of historical debt of GWEC
    that is being repaid by GWEC prior to closing the Acquisition.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (i)&#160;Reflects the settlement of affiliate receivables and
    note receivables prior to the closing of the Acquisition.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    8
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL -->
<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTES&#160;TO THE
    UNAUDITED PRO FORMA CONDENSED<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CONSOLIDATED
    FINANCIAL STATEMENTS&#151;(Continued)</FONT></B>
</DIV>
<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (j)&#160;Reflects the tax distribution made by GWEC to its
    parent prior to the closing of the Acquisition.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (k)&#160;GWEC inventory will be purchased by CVR Energy at
    market value. The inventory has historically been carried at the
    lower of
    <FONT style="white-space: nowrap">first-in,</FONT>
    first-out (&#147;FIFO&#148;) cost, or market. The estimated
    increase in crude oil and refined products inventory value of
    approximately $19.5&#160;million is reflected to adjust to
    estimated pro forma inventories to the initial market value at
    acquisition.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (l)&#160;Reflects the reclassification of GWEC&#146;s catalysts
    and precious metals to conform the presentation in GWEC&#146;s
    consolidated financial statements to the presentation in CVR
    Energy&#146;s consolidated financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (m)&#160;Reflects the elimination of the deferred financing fees
    associated with the historical debt of GWEC that is being repaid
    prior to closing.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (n)&#160;Pro forma Adjustment to record the estimated fair value
    of GWEC&#146;s owned properties, plant and equipment including
    property and equipment recorded under capital leases. This
    estimated value is preliminary and is subject to further
    adjustments based on the final fair value determination to be
    completed subsequent to the acquisition closing date.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (o)&#160;Reflects the distribution of GWEC&#146;s airplane and
    the associated airplane hangar sublease prior to the closing.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (p)&#160;GWEC&#146;s deferred turnaround costs are eliminated as
    these costs previously incurred by GWEC relate to periodic
    overhauls and refurbishments to GWEC&#146;s Wynnewood refinery.
    These costs are implicit in the estimated fair value assigned to
    GWEC&#146;s refining facilities as they contribute to the
    physical and operating condition of the refineries and have been
    factored into the estimated fair value of the GWEC&#146;s
    refinery. Approximately $14.2&#160;million relates to the 2008
    turnaround and approximately $0.7&#160;million eliminated from
    property, plant and equipment related to costs incurred for the
    upcoming turnaround in 2012. Also, CVR Energy&#146;s expenses
    turnaround costs as they are incurred. This adjustment also is
    to conform accounting methods of GWEC to CVR Energy.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (q)&#160;Reflects the reclassification of GWEC&#146;s deferred
    financing fees to conform the presentation in GWEC&#146;s
    consolidated financial statements to the presentation in CVR
    Energy&#146;s consolidated financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (r)&#160;Reflects reclassification of GWEC&#146;s presentation
    of current and long-term capital leases to conform the
    presentation in GWEC&#146;s consolidated financial statements to
    the presentation in CVR Energy&#146;s consolidated financial
    statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (s)&#160;Reflects reclassification of GWEC&#146;s presentation
    of personnel accruals to conform the presentation in GWEC&#146;s
    consolidated financial statements to the presentation in CVR
    Energy&#146;s consolidated financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (t)&#160;Reflects reclassification of GWEC&#146;s presentation
    of accrued taxes other than income taxes to conform the
    presentation in GWEC&#146;s consolidated financial statements to
    the presentation in CVR Energy&#146;s consolidated financial
    statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (u)&#160;Reflects reclassification of GWEC&#146;s presentation
    of derivative liabilities to conform the presentation in
    GWEC&#146;s consolidated financial statements to the
    presentation in CVR Energy&#146;s consolidated financial
    statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (v)&#160;Reflects the elimination of all of GWEC&#146;s
    stockholders&#146; equity.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    9
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL -->
<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTES&#160;TO THE
    UNAUDITED PRO FORMA CONDENSED<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CONSOLIDATED
    FINANCIAL STATEMENTS&#151;(Continued)</FONT></B>
</DIV>
<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>
<!-- XBRL Pagebreak End -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: Arial, Helvetica">(3)&#160;&#160;</FONT></B>
</TD>
    <TD>
    <B><FONT style="font-family: Arial, Helvetica">Pro Forma
    Statement of Operations Adjustments and Assumptions</FONT></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (a)&#160;Reflects the reclassification of operating
    expenses, cost of product sold, and gain (loss) on derivatives,
    net from operating expenses to conform GWEC&#146;s consolidated
    financial statement presentation to CVR Energy&#146;s
    consolidated financial statement presentation.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (b)&#160;To eliminate the turnaround expense for GWEC as
    amortized in 2010 and to expense deferred turnaround expense
    incurred during the period associated with the 2012 turnaround.
    This adjustment conforms the accounting method of GWEC to CVR
    Energy&#146;s accounting method of expensing as incurred.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (c)&#160;Depreciation and amortization has been increased to
    reflect the estimated additional depreciation expense related to
    the increase in property, plant, and equipment based on the
    estimated fair market value of the acquired assets. The
    estimated incremental depreciation expense for the twelve months
    ended December&#160;31, 2010, nine months ended
    September&#160;30, 2011, and twelve months ended
    September&#160;30, 2011 is approximately $15.5&#160;million,
    $9.6&#160;million and $13.0&#160;million respectively, based
    upon average lives of 19&#160;years.
</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="49%">&nbsp;</TD> <!-- colindex=01 type=maindata -->
    <TD width="2%">&nbsp;</TD>  <!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="12%" align="right">&nbsp;</TD>   <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="3%">&nbsp;</TD>  <!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="12%" align="right">&nbsp;</TD>   <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>  <!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="13%" align="right">&nbsp;</TD>   <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Nine Months<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Twelve Months<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Year Ended<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Ended<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Ended<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>December&#160;31,<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>September&#160;30,<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>September&#160;30,<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>2011</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>2011</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>2011</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="10" align="center" valign="bottom">
    <B>(in millions)</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 1pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Pro forma depreciation and amortization expense
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    30,263
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    22,697
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    30,263
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Elimination of depreciation and amortization of GWEC
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (14,729
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (13,133
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (17,232
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Estimated incremental annual increase to depreciation and
    amortization
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    15,534
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    9,564
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    13,031
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    GWEC recorded depreciation and amortization of approximately
    $14.4&#160;million and $0.3&#160;million in operating
    expenses and selling, general and administrative expenses
    (SG&#038;A), respectively for the twelve months ended
    December&#160;31, 2010; depreciation and amortization of
    approximately $12.9&#160;million and $0.3&#160;million in cost
    of operating expenses, and SG&#038;A, respectively for
    the nine months ended September&#160;30, 2011; and amortization
    of approximately $16.9&#160;million and $0.3&#160;million in
    operating expenses and SG&#038;A expenses, respectively
    for the twelve months ended September&#160;30, 2011. CVR Energy
    records cost of product sold, operating expenses and
    SG&#038;A expenses, exclusive of depreciation and amortization.
    The pro forma adjustment conforms the classification.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (d)&#160;Reflects the annual costs of the airplane that will not
    be ongoing expenses as the airplane will be distributed to
    GWEC&#146;s stockholders prior to the close of the Acquisition
    (exclusive of depreciation).
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (e)&#160;GWEC&#146;s historical interest expense for its term
    debt has been eliminated, and this adjustment adds interest in
    respect of the additional borrowings of CVR Energy to fund the
    Acquisition. The amortization of debt issuance costs is
    $2.3&#160;million, $1.7&#160;million, and $2.3&#160;million
    respectively for the year ended December&#160;31, 2010, nine
    months ended September&#160;30, 2011, and twelve months ended
    September&#160;30, 2011.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    <BR>
    10
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL -->
<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CVR ENERGY,
    INC.<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTES&#160;TO THE
    UNAUDITED PRO FORMA CONDENSED<BR>
    </FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">CONSOLIDATED
    FINANCIAL STATEMENTS&#151;(Continued)</FONT></B>
</DIV>
<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>
<!-- XBRL Pagebreak End -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="54%">&nbsp;</TD> <!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=02 type=lead -->
    <TD width="10%" align="right">&nbsp;</TD>   <!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=03 type=lead -->
    <TD width="15%" align="right">&nbsp;</TD>   <!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>  <!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>    <!-- colindex=04 type=lead -->
    <TD width="12%" align="right">&nbsp;</TD>   <!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>     <!-- colindex=04 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Twelve Months<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Year Ended<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Nine Months Ended<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>Ended<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>December&#160;31,<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>September&#160;30,<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom">
    <B>September&#160;30,<BR>
    </B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>2010</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>2011</B>
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="2" nowrap align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B>2011</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="10" align="center" valign="bottom">
    <B>(in millions)</B>
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR style="line-height: 1pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Elimination of interest, amortization of deferred financing
    fees, on historical GWEC debt, excluding the capital lease and
    financing obligation
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (16,828
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (18,740
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (23,129
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Estimated net interest on additional borrowings to fund the
    Acquisition
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    15,300
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11,475
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    15,300
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Amortization of new debt issuance costs
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,256
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,692
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,256
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -20pt; margin-left: 20pt">
    Additional annual commitment fees estimated under the current
    ABL of CVR
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,490
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,118
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,490
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -20pt; margin-left: 30pt">
    Total adjustment to interest expense
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,218
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (4,455
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    (4,083
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
    (f)&#160;Income tax has been adjusted (1)&#160;to reflect the
    effect of income tax on the GWEC&#146;s financials (as GWEC was
    an entity not subject to income tax) and (2)&#160;to reflect the
    tax impact of the pro forma adjustments at the statutory rate of
    approximately 39.7% during the period presented.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">
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    11
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
