Fuel Purchases Agreement - 4Refuel Canada LP

Key tenns of the Supply and Delivery of Fuels Agreement include: 1. Contract term is five years, with the option to extend for two additional one-year terms. 2. Costing is based on a structure which adjusts for variations in fuel pricing as follows: 8292508 a. Regional weekly rack rate for diesel and gasoline products. The weekly rack rate is the price refineries sell fuel to their various clients, which varies based on fuel commodity market pricing. b. Less a fixed discount for diesel and gasoline products. The discount remains fixed for the entire term of the agreement. c. Plus bridging fees which includes items such as freight from the terminal, the tenninal operations cost and delivery to the City of Richmond. Under the terms

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