0001193125-07-115804 Sample Contracts

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AMENDMENT NO. 1 TO PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • May 15th, 2007 • Constar International Inc • Miscellaneous plastics products • New York

AMENDMENT NO. 1 to the PLEDGE AND SECURITY AGREEMENT, dated as of March 20, 2007 (this “Amendment”), to the Pledge and Security Agreement (the “Pledge and Security Agreement”), dated as of February 11, 2005, by CONSTAR INTERNATIONAL INC. (the “Borrower”), and each of the other entities listed on the signature pages hereof as a Grantor, in favor of Citicorp USA, Inc., as agent for the Secured Parties (in such capacity, the “Administrative Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Pledge and Security Agreement.

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