EX-10.2.1 4 ex10-2_1.txt AMENDMENT #1 TO CORPORATE SERVICES AGREEMENT 1 EXHIBIT 10.2.1 AMENDMENT 1 TO THE CORPORATE SERVICES AGREEMENT BETWEEN UCAR CARBON COMPANY INC. AND UCAR GRAPH-TECH INC. The Corporate Services Agreement is hereby amended, in accordance with the following. 1. The following section is hereby added to the end of Schedule 1.2: "Pursuant to the above, the directors and officers insurance premiums have been allocated by UCAR to Graftech Inc. at a rate of $100,000 per year for coverage under the existing directors and officers insurance program. The allocation of other insurance costs is determined by asset value for property insurance and a combination of payroll and the number of vehicles for general liability and other insurance policies." 2. The following section is hereby added to the end of Schedule 3: "CONSULTING Graftech shall cause Scott Mason to provide general consulting services to both UCAR and Graftech. As the fee for such services, UCAR shall bear one-half of his annual salary. Currently, his salary is being paid by UCAR, with Graftech reimbursing UCAR an amount equal to one-half of his salary. At such time as he ceases to be on UCAR's payroll, UCAR will reimburse Graftech an amount equal to one-half of his salary." Date: July 14, 2000