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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
