Kaiser Aluminum & Chemical Corp Watch

from 10-K ~20 pages Supplementary Data

from 10-K ~50 pages Notes to Financial Statements

from 10-K ~5 pages Financial Statements

from 10-Q 1 page July 21, 1998 Mr. Lawrence L. Watts Kaiser Aluminum & Chemical Corporation 5847 San Felipe, Suite 2600 Houston, Texas 77057 Dear Larry: This Letter Reflects Our Agreement That the Supplemental Non-Recurring 1998 Annual Incentive Payment to Be Paid to You Under Our Existing Agreement Will Be in the Amount of $335,000. This Amount Will Be Paid Promptly Following the Execution of This Letter and Your Consulting Agreement. Please Acknowledge Your Acceptance of the Foregoing and Its Terms in the Space Provided Below. Very Truly Yours, /S/ George T. Haymaker, Jr. George T. Haymaker, Jr. Chairman and Chief Executive Officer Agreed and Accepted: /S/ Lawrence L. Watts Lawrence L. Watts July 21, 1998

from 10-K 1 page Underwriting agreement

from 10-K ~5 pages Underwriting agreement

from 10-K ~10 pages Underwriting agreement

from 10-K ~5 pages Underwriting agreement

from 10-K ~20 pages Underwriting agreement

from 10-K ~5 pages Underwriting agreement

from 10-Q ~10 pages Underwriting agreement

from 10-Q ~5 pages Underwriting agreement

from S-2/A ~20 pages Form of Purchase Agreement