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Be Charter Oil Company flats & : 208 Laura Street - Post Office Box 4726 4 : Jacksonville, Flonda 32201 Telephone 904-358-4395 - Telex 56-8415 August 21s 1979 Billy Carter x. Americus, Georgia Dear Billy: This is a tentative agreement outlining a payment schedule for Libyan crude which we would purchase on contract due ts your efforts. This would be a contract separate and apart from our existing contract Be with Brega Marketing now in effect. Brega Marketing is the marketing “* .. amm of National Oil Corporation (NOC) of Libya. During these times of short crude supply we, Charter Crude Oil Company, would agree to-pay $.55 (fifty-five cents) per barrel on all barrels lifted as'@ result’ of your efforts. As the market and supply change . then this fee would change with the lower limit being $-04—€four- cents) oS ~ For per barrel. We would agree to meet periodically to review conditions “ ; and price, and either party could at any time request a meeting though one was not scheduled. It is my understanding that the anticipated volume would be approximately 100,000 B/D. ‘It is our intent as I'm . Sure it is yours, that any agreement we enter into would be fair and ' equitable for both parties. It was certainly a pleasure meeting with you, your family and Randy Coleman. I trust this meets with your approval and is in agreement with your understanding in accordance with our meeting of Friday, _ August 17, 1979, Looking forward to our next meeting and wish you much success during ‘your trip to Libve. Sincerely, ’ Presi¥ent . 1 Co. Charter Crude Oi LIN:jb