Monetization Master Agreement Sample Contracts

THIRD AMENDMENT TO THE MONETIZATION MASTER AGREEMENT
Monetization Master Agreement • August 8th, 2025 • Calumet, Inc. /DE • Petroleum refining

This THIRD AMENDMENT TO THE MONETIZATION MASTER AGREEMENT (this “Amendment”) is entered into as of July 25, 2025, by and among J. Aron & Company LLC, a limited liability company organized under the laws of the State of New York (“Aron”), Calumet Shreveport Refining, LLC, a Delaware limited liability company (the “Company”), Calumet Refining, LLC, a Delaware limited liability company (“Calumet Refining”) and Calumet, Inc., a Delaware corporation (“Calumet Parent”, and together with the Company and Calumet Refining, collectively, the “Transaction Parties”) (each of the Transaction Parties and Aron referred to individually as a “Party” or collectively as the “Parties”).

MONETIZATION MASTER AGREEMENT dated as of January 17, 2024 among
Monetization Master Agreement • January 24th, 2024 • Calumet Specialty Products Partners, L.P. • Petroleum refining • New York