-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LfSbd1TByyvkvWbNwQ05jH6qnF1KgSC1cuJSR6hJvcuUGy64L8w1ti8Y8Tgf7Krw C2e3Jgi+tv6Zh73Bq6AtgQ== 0001047469-98-038339.txt : 19981029 0001047469-98-038339.hdr.sgml : 19981029 ACCESSION NUMBER: 0001047469-98-038339 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981028 SROS: NONE GROUP MEMBERS: BRUCE E. HENDRY GROUP MEMBERS: DR. DEMETRE NICOLOFF GROUP MEMBERS: G. JAMES SPINNER GROUP MEMBERS: JAMES A. POTTER GROUP MEMBERS: KOZBERG MARC H GROUP MEMBERS: ROBERT H. PAYMAR GROUP MEMBERS: STANLEY I. BARENBAUM GROUP MEMBERS: SUMMIT CAPITAL APPRECIATION FUND LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BORDEN CHEMICALS & PLASTICS LIMITED PARTNERSHIP /DE/ CENTRAL INDEX KEY: 0000821202 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 311269627 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-38898 FILM NUMBER: 98731630 BUSINESS ADDRESS: STREET 1: HIGHWAY 73 CITY: GEISMAR STATE: LA ZIP: 70734 BUSINESS PHONE: 6142254482 MAIL ADDRESS: STREET 1: PO BOX 427 STREET 2: 180 EAST BROAD STREET 25TH FLOOR CITY: GERSMAR STATE: LA ZIP: 70734 FORMER COMPANY: FORMER CONFORMED NAME: BORDEN CHEMICALS & PLASTICS LIMITED PARTNERSHIP DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KOZBERG MARC H CENTRAL INDEX KEY: 0001072668 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 90 SOUTH SEVENTH STREET STREET 2: SUITE 4400 CITY: MINNEAPOLIS STATE: MN ZIP: 55402-4115 BUSINESS PHONE: 6123767035 MAIL ADDRESS: STREET 1: 90 SOUTH SEVENTH STREET STREET 2: SUITE 4400 CITY: MINNEAPOLIS STATE: MN ZIP: 55402-4115 SC 13D 1 13D_3409 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 BORDEN CHEMICALS AND PLASTICS LIMITED PARTNERSHIP (Name of Issuer) Common Unit ----------- (Title of Class of Securities) 099541 20 3 ----------- (CUSIP Number) Albert A. Woodward, Esq. Maun & Simon, PLC 2000 Midwest Plaza Building West 801 Nicollet Mall Minneapolis, Minnesota 55402 (612) 904-7400 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 23, 1998 ---------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. (Cover page continued on next 8 pages)
SCHEDULE 13D CUSIP NO. 099541 20 3 - ------------------------------------------------------------ --------------------------------------- (1) Names of reporting persons............................ MARC H. KOZBERG I.R.S. Identification Nos. of above persons (entities only) - ------------------------------------------------------------ --------------------------------------- (2) Check the appropriate box if a member of a (a) X group (see instructions) --------------------------------------- (b) - ------------------------------------------------------------ --------------------------------------- (3) SEC use only.......................................... - ------------------------------------------------------------ --------------------------------------- (4) Source of funds (see instructions) PF - ------------------------------------------------------------ --------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - ------------------------------------------------------------ --------------------------------------- (6) Citizenship or place of organization.................. USA - ------------------------------------------------------------ --------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................................ 50,000 (8) Shared voting power.............................. 400,000 (9) Sole dispositive power........................... 50,000 (10) Shared dispositive power......................... 400,000 - ------------------------------------------------------------ --------------------------------------- (11) Aggregate amount beneficially owned by 450,000 each reporting person. - ------------------------------------------------------------ --------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ------------------------------------------------------------ --------------------------------------- (13) Percent of class represented by amount in Row (11)... 1.2% - ------------------------------------------------------------ --------------------------------------- (14) Type of reporting person (see instructions).......... IN - ------------------------------------------------------------ --------------------------------------- SCHEDULE 13D CUSIP NO. 099541 20 3 - ------------------------------------------------------------ --------------------------------------- (1) Names of reporting persons............................ BRUCE E. HENDRY I.R.S. Identification Nos. of above persons (entities only) - ------------------------------------------------------------ --------------------------------------- (2) Check the appropriate box if a member of a (a) X group (see instructions) --------------------------------------- (b) - ------------------------------------------------------------ --------------------------------------- (3) SEC use only.......................................... - ------------------------------------------------------------ --------------------------------------- (4) Source of funds (see instructions) PF - ------------------------------------------------------------ --------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - ------------------------------------------------------------ --------------------------------------- (6) Citizenship or place of organization.................. USA - ------------------------------------------------------------ --------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................................ 1,091,300 (8) Shared voting power.............................. -0- (9) Sole dispositive power........................... 1,091,300 (10) Shared dispositive power........................ -0- - ------------------------------------------------------------ --------------------------------------- (11) Aggregate amount beneficially owned by 1,091,300 each reporting person. - ------------------------------------------------------------ --------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ------------------------------------------------------------ --------------------------------------- (13) Percent of class represented by amount in Row (11)... 3.0% - ------------------------------------------------------------ --------------------------------------- (14) Type of reporting person (see instructions).......... IN - ------------------------------------------------------------ --------------------------------------- SCHEDULE 13D CUSIP NO. 099541 20 3 - ------------------------------------------------------------ --------------------------------------- (1) Names of reporting persons............................ DR. DEMETRE NICOLOFF I.R.S. Identification Nos. of above persons (entities only) - ------------------------------------------------------------ --------------------------------------- (2) Check the appropriate box if a member of a group (see (a) X instructions) --------------------------------------- (b) - ------------------------------------------------------------ --------------------------------------- (3) SEC use only.......................................... - ------------------------------------------------------------ --------------------------------------- (4) Source of funds (see instructions) PF - ------------------------------------------------------------ --------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - ------------------------------------------------------------ --------------------------------------- (6) Citizenship or place of organization.................. USA - ------------------------------------------------------------ --------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................................ 100,000 (8) Shared voting power.............................. 400,000 (9) Sole dispositive power........................... 100,000 (10) Shared dispositive power......................... 400,000 - ------------------------------------------------------------ --------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 500,000 - ------------------------------------------------------------ --------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ------------------------------------------------------------ --------------------------------------- (13) Percent of class represented by amount in Row (11)... 1.4% - ------------------------------------------------------------ --------------------------------------- (14) Type of reporting person (see instructions).......... IN - ------------------------------------------------------------ --------------------------------------- SCHEDULE 13D CUSIP NO. 099541 20 3 - ------------------------------------------------------------ --------------------------------------- (1) Names of reporting persons............................ G. JAMES SPINNER I.R.S. Identification Nos. of above persons (entities only) - ------------------------------------------------------------ --------------------------------------- (2) Check the appropriate box if a member of a group (see instructions) (a) X --------------------------------------- (b) - ------------------------------------------------------------ --------------------------------------- (3) SEC use only.......................................... - ------------------------------------------------------------ --------------------------------------- (4) Source of funds (see instructions) PF - ------------------------------------------------------------ --------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - ------------------------------------------------------------ --------------------------------------- (6) Citizenship or place of organization.................. USA - ------------------------------------------------------------ --------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................................ 50,000 (8) Shared voting power.............................. 400,000 (9) Sole dispositive power........................... 50,000 (10) Shared dispositive power......................... 400,000 - ------------------------------------------------------------ --------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 450,000 - ------------------------------------------------------------ --------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ------------------------------------------------------------ --------------------------------------- (13) Percent of class represented by amount in Row (11).... 1.2% - ------------------------------------------------------------ --------------------------------------- (14) Type of reporting person (see instructions).......... IN - ------------------------------------------------------------ --------------------------------------- SCHEDULE 13D CUSIP NO. 099541 20 3 - ------------------------------------------------------------ --------------------------------------- (1) Names of reporting persons............................ ROBERT H. PAYMAR I.R.S. Identification Nos. of above persons (entities only) - ------------------------------------------------------------ --------------------------------------- (2) Check the appropriate box if a member of a group (see (a) X instructions) --------------------------------------- (b) - ------------------------------------------------------------ --------------------------------------- (3) SEC use only.......................................... - ------------------------------------------------------------ --------------------------------------- (4) Source of funds (see instructions) PF - ------------------------------------------------------------ --------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - ------------------------------------------------------------ --------------------------------------- (6) Citizenship or place of organization.................. USA - ------------------------------------------------------------ --------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................................ 100,000 (8) Shared voting power.............................. 400,000 (9) Sole dispositive power........................... 100,000 (10) Shared dispositive power......................... 400,000 - ------------------------------------------------------------ --------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 500,000 - ------------------------------------------------------------ --------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ------------------------------------------------------------ --------------------------------------- (13) Percent of class represented by amount in Row (11)... 1.4% - ------------------------------------------------------------ --------------------------------------- (14) Type of reporting person (see instructions).......... IN - ------------------------------------------------------------ --------------------------------------- SCHEDULE 13D CUSIP NO. 099541 20 3 - ------------------------------------------------------------ --------------------------------------- (1) Names of reporting persons............................ STANLEY I. BARENBAUM I.R.S. Identification Nos. of above persons (entities only) - ------------------------------------------------------------ --------------------------------------- (2) Check the appropriate box if a member of a group (see (a) X instructions) --------------------------------------- (b) - ------------------------------------------------------------ --------------------------------------- (3) SEC use only.......................................... - ------------------------------------------------------------ --------------------------------------- (4) Source of funds (see instructions) PF - ------------------------------------------------------------ --------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - ------------------------------------------------------------ --------------------------------------- (6) Citizenship or place of organization.................. USA - ------------------------------------------------------------ --------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................................ 50,000 (8) Shared voting power.............................. 400,000 (9) Sole dispositive power........................... 50,000 (10) Shared dispositive power......................... 400,000 - ------------------------------------------------------------ --------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 450,000 - ------------------------------------------------------------ --------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ------------------------------------------------------------ --------------------------------------- (13) Percent of class represented by amount in Row (11)... 1.2% - ------------------------------------------------------------ --------------------------------------- (14) Type of reporting person (see instructions).......... IN - ------------------------------------------------------------ --------------------------------------- SCHEDULE 13D CUSIP NO. 099541 20 3 - ------------------------------------------------------------ --------------------------------------- (1) Names of reporting persons............................ JAMES A. POTTER I.R.S. Identification Nos. of above persons (entities only) - ------------------------------------------------------------ --------------------------------------- (2) Check the appropriate box if a member of a group (see (a) X instructions) --------------------------------------- (b) - ------------------------------------------------------------ --------------------------------------- (3) SEC use only.......................................... - ------------------------------------------------------------ --------------------------------------- (4) Source of funds (see instructions) PF - ------------------------------------------------------------ --------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - ------------------------------------------------------------ --------------------------------------- (6) Citizenship or place of organization.................. USA - ------------------------------------------------------------ --------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................................ 40,000 (8) Shared voting power.............................. -0- (9) Sole dispositive power........................... 40,000 (10) Shared dispositive power......................... -0- - ------------------------------------------------------------ --------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 40,000 - ------------------------------------------------------------ --------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ------------------------------------------------------------ --------------------------------------- (13) Percent of class represented by amount in Row (11)... 0.1% - ------------------------------------------------------------ --------------------------------------- (14) Type of reporting person (see instructions).......... IN - ------------------------------------------------------------ --------------------------------------- SCHEDULE 13D CUSIP NO. 099541 20 3 - ------------------------------------------------------------ --------------------------------------- (1) Names of reporting persons............................ SUMMIT CAPITAL APPRECIATION FUND LP I.R.S. Identification Nos. of above persons (entities only) - ------------------------------------------------------------ --------------------------------------- (2) Check the appropriate box if a member of a group (see (a) X instructions) --------------------------------------- (b) - ------------------------------------------------------------ --------------------------------------- (3) SEC use only.......................................... - ------------------------------------------------------------ --------------------------------------- (4) Source of funds (see instructions) WC - ------------------------------------------------------------ --------------------------------------- (5) Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). - ------------------------------------------------------------ --------------------------------------- (6) Citizenship or place of organization.................. MINNESOTA - ------------------------------------------------------------ --------------------------------------- Number of shares beneficially owned by each reporting person with: (7) Sole voting power................................ 400,000 (8) Shared voting power.............................. -0- (9) Sole dispositive power........................... 400,000 (10) Shared dispositive power......................... -0- - ------------------------------------------------------------ --------------------------------------- (11) Aggregate amount beneficially owned by each reporting person. 400,000 - ------------------------------------------------------------ --------------------------------------- (12) Check if the aggregate amount in Row (11) excludes certain shares (see instructions). - ------------------------------------------------------------ --------------------------------------- (13) Percent of class represented by amount in Row (11)... 1.1% - ------------------------------------------------------------ --------------------------------------- (14) Type of reporting person (see instructions).......... PN - ------------------------------------------------------------ ---------------------------------------
ITEM 1. SECURITY AND ISSUER - ---------------------------- This statement relates to the voting Common Units of Borden Chemicals and Plastics Limited Partnership (the "Issuer"), a Delaware limited partnership, having its principal place of business at Highway 73, Geismar, Louisiana 70734. ITEM 2. IDENTITY AND BACKGROUND - -------------------------------- This statement is filed jointly by the individuals and entity identified below (collectively the "Holders"): 1. Marc H. Kozberg Dougherty Summit Securities LLC 90 South Seventh Street, Suite 4000 Minneapolis, MN 55402 Mr. Kozberg is an investor and is employed by Dougherty Summit Securities LLC 2. Bruce E. Hendry Dougherty Summit Securities LLC 90 South Seventh Street, Suite 4000 Minneapolis, MN 55402 Mr. Hendry is an investor and is employed by Dougherty Summit Securities LLC 3. James A. Potter Dougherty Summit Securities LLC 90 South Seventh Street, Suite 4000 Minneapolis, MN 55402 Mr. Potter is an investor and is employed by Dougherty Summit Securities LLC 4. Dr. Demetre Nicoloff 920 East 28th Street Minneapolis, MN 55407 Dr. Nicoloff is a physician with an office at the above address. 5. G. James Spinner Dougherty Summit Securities LLC 90 South Seventh Street, Suite 4000 Minneapolis, MN 55402 Mr. Spinner is an investor and is employed by Dougherty Summit Securities LLC 6. Robert H. Paymar Dougherty Summit Securities LLC 90 South Seventh Street, Suite 4000 Minneapolis, MN 55402 Mr. Paymar is an investor and is employed by Dougherty Summit Securities LLC 7. Stanley I. Barenbaum c/o Dougherty Summit Securities LLC 90 South Seventh Street, Suite 4000 Minneapolis, MN 55402 Mr. Barenbaum is an investor and is self employed 8. Summit Capital Appreciation Fund LP Dougherty Summit Securities LLC 90 South Seventh Street, Suite 4000 Minneapolis, MN 55402 Summit Capital Fund Appreciation Fund LP is a limited partnership organized in Minnesota. SCA Management Partners L.L.P., a Minnesota limited liability partnership, is the general partner of Summit Capital Appreciation Fund LP. Messrs. Kozberg, Nicoloff, Spinner, Paymar, and Barenbaum are the partners of SCA Management Partners L.L.P.
None of the above-referenced Holders has, during the past five years, been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors, nor have any of the Holders been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction where, as a result of such proceeding, any of the Holders became subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws. Each individual Holder is a citizen of the United States. Summit Capital Appreciation Fund LP is a limited partnership organized in Minnesota. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. - ----------------------------------------------------------- The Common Units of the Issuer were purchased by each Holder from available cash resources or working capital. ITEM 4. PURPOSE OF TRANSACTION. - -------------------------------- See Item 3. The Holders have acquired the Common Units of the Issuer for investment purposes. Although the Holders have no plans to acquire additional Common Units of the Issuer, they specifically reserve the right to purchase additional Common Units of the Issuer or to sell Common Units if they deem it in their best interest. The Holders specifically reserve the right to communicate with other Unit holders of the Issuer regarding matters of common concern as Unit holders of the Issuer. The Holders do not have any plans or proposals respecting extraordinary corporate transactions effecting the Issuer, sale of its assets, changes in its management, capitalization, dividend policy, business or corporate structure, charter or bylaws, or the listing of the Issuer's securities or similar actions, but the Holders do intend to explore opportunities to enhance Unit holder value. In that regard, the Holders, through Mr. Kozberg and Mr. Hendry, expect to continue to hold discussions with management of the Issuer on maximizing Unit holder value. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. - --------------------------------------------- Information with respect to the aggregate number, and percentage, of all outstanding Common Units beneficially owned as of October 27, 1998 by each of the Holders is set forth below:
Percentage of Name Number of Common Units Outstanding Units ---- ---------------------- ----------------- Marc H. Kozberg 450,000* 1.2% Bruce E. Hendry 1,091,300 3.0% Dr. Demetre Nicoloff 500,000* 1.4% G. James Spinner 450,000* 1.2% Robert H. Paymar 500,000* 1.4% Stanley I. Barenbaum 450,000* 1.2% James A. Potter 40,000 0.1% Summit Capital Appreciation Fund LP 400,000 1.09%
- -------------- * Includes 400,000 Common Units owned by Summit Capital Appreciation Fund LP. The Holders' response to Items 7 through 13 of the cover pages of the statement are incorporated herein by reference. According to the Issuer's most current filing with the SEC, the Issuer has 36,750,000 Common Units outstanding. The Holders, at the present time, collectively own 1,881,300 Units of the Issuer's Common Units (including the Units owned by the limited partners of the general partner of Summit Capital Appreciation Fund LP noted above, constituting approximately 5.12% of all of the outstanding voting Common Units). Transactions by the Holders in Common Units of the Issuer in the last 60 days are as follows:
TYPE OF NUMBER OF PRICE/ NAME DATE TRANSACTION UNITS UNIT ---- ---- ----------- --------- ------- Robert H. Paymar 08/28/98 Buy 3,100 3.3125 SCAF, LP* 09/01/98 Buy 3,000 3.09 Robert H. Paymar 09/01/98 Buy 10,000 3.0917 James A. Potter 09/02/98 Buy 2,500 3.125 SCAF, LP 09/02/98 Buy 10,000 2.95 SCAF, LP 09/02/98 Buy 45,000 3.10 Robert H. Paymar 09/03/98 Buy 5,000 3.00 Bruce H. Hendry 09/15/98 Buy 128,800 3.1773 James A. Potter 09/15/98 Buy 5,000 3.1773 Robert H. Paymar 09/15/98 Buy 6,900 3.1773 Bruce H. Hendry 09/16/98 Buy 32,600 3.4268 Bruce H. Hendry 09/17/98 Buy 57,200 3.465 Bruce H. Hendry 09/18/98 Buy 36,500 3.4777 Bruce H. Hendry 09/21/98 Buy 25,000 3.3875 Bruce H. Hendry 09/22/98 Buy 25,000 3.4125 Bruce H. Hendry 09/23/98 Buy 3,000 3.4375 Bruce H. Hendry 09/24/98 Buy 68,500 3.4375 Bruce H. Hendry 09/25/98 Buy 8,400 3.4375 Bruce H. Hendry 10/07/98 Buy 38,000 3.125 Bruce H. Hendry 10/07/98 Buy 140,000 2.9848 James A. Potter 10/08/98 Buy 5,000 2.9807 SCAF, LP 10/15/98 Buy 15,000 3.04 SCAF, LP 10/20/98 Buy 25,000 2.87 Dr. Demetre Nicoloff 10/20/98 Buy 11,400 2.87 G. James Spinner 10/21/98 Buy 10,000 3.00 James A. Potter 10/23/98 Buy 10,800 3.00 Bruce H. Hendry 10/23/98 Buy 24,300 2.9279 Bruce H. Hendry 10/23/98 Buy 49,000 3.0869 Marc H. Kozberg 10/23/98 Buy 36,000 2.93 G. James Spinner 10/23/98 Buy 20,000 2.875
- ------ *Summit Capital Appreciation Fund LP ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS, OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit A -- Agreement as to joint filing pursuant to Regulation Section 240.13d-1(f)(1)(iii). SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 27, 1998 /s/ Bruce E. Hendry --------------------------- SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 27, 1998 /s/ Marc H. Kozberg --------------------------- SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 27, 1998 /s/ Dr. Demetre Nicoloff --------------------------- SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 27, 1998 /s/ G. James Spinner --------------------------- SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 27, 1998 /s/ Robert H. Paymar --------------------------- SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 27, 1998 /s/ Stanley I. Barenbaum --------------------------- SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 27, 1998 /s/ James A. Potter --------------------------- SIGNATURE After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: October 27, 1998 SUMMIT CAPITAL APPRECIATION FUND LP By: SCA Management Partners L.L.P. By: /s/ Marc H. Kozberg -------------------------- Marc H. Kozberg, a partner EXHIBIT A AGREEMENT AS TO JOINT FILING Pursuant to Regulation Section 240.13d-1(f)(1)(iii), the undersigned acknowledge and agree that the attached Schedule 13D relating to Borden Chemicals and Plastics Limited Partnership is being filed on behalf of each of the undersigned. /s/ Bruce E. Hendry --------------------------------------- /s/ Marc H. Kozberg --------------------------------------- /s/ Dr. Demetre Nicoloff --------------------------------------- /s/ G. James Spinner --------------------------------------- /s/ Robert H. Paymar --------------------------------------- /s/ Stanley I. Barenbaum --------------------------------------- /s/ James A. Potter --------------------------------------- SUMMIT CAPITAL APPRECIATION FUND LP By: SCA Management Partners L.L.P. By: /s/ Marc H. Kozberg ----------------------------- Marc H. Kozberg, a partner -----END PRIVACY-ENHANCED MESSAGE-----