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1. Collateral Assignment. The Assignor grants, transfers and assigns to the Lender, its successors and assigns, the Environmental Agreement, together with any and all amendments, extensions, modifications, supplements, and all rights of the Assignor therein, to have and to hold unto the Lender as security for the full performance of the Loan under the Loan Documents and any amendments, extensions, renewals and increases of or to the Loan, and all future loans owing by DSM or the Assignor and secured by an interest in the Ivy Tower Building to the Lender or to any other direct or indirect subsidiary of Lender, and all costs and expenses of Lender incurred in the documentation, negotiation, modification, enforcement, collection and otherwise in connection with any of the foregoing, including reasonable attorneys' fees and expenses (hereinafter referred to collectively as the "Obligations"). The Assignor agrees that the Lender shall have the rights stated in this Collateral Assignment with respect to the Environmental Agreement, in addition to the other rights that the Lender may have by law. 2. UCC Financing Statement. To perfect its security interest in this Collateral Assignment, Lender may file a financing statement with the Indiana Secretary of State, in accordance with applicable Indiana law until such time as all Loan Documents are fulfilled. 3. Performance of Environmental Agreement by Assignor. The Assignor agrees to faithfully abide by,perform and discharge each and every obligation of the Environmental Agreement that is to be performed by the Assignor. The Assignor shall use its best efforts to enforce or secure the performance of each and every term of the Environmental Agreement. The Assignor agrees to provide prompt written notice to the Lender of the occurrence or existence of any default by any party to the Environmental Agreement. 4. Power to Modify or Assign the Environmental Agreement. The Assignor hereby expressly releases, relinquishes and surrenders all of the Assignor's right,power and authority to amend, modify, release, terminate or in any way alter the Environmental Agreement without the Lender's prior written consent, which consent shall not be unreasonably withheld or delayed, and any attempt on the part of the Assignor to exercise any such right, power or authority without the Lender's prior written consent shall constitute a default hereunder. The Assignor will not make additional assignments of the Environmental Agreement or any part thereof without the Lender's prior written consent, which consent shall not be unreasonably withheld. 5. Lender's Right to Enforce and Perform Under Environmental Agreement. The Lender, in addition to its rights and remedies under the other Loan Documents and applicable law may, at its option, without notice to or demand upon the Assignor and without waiving or releasing any Obligation, irrespective of whether declaration of default under any Loan Document has been made and without regard to the adequacy of security for the Obligations, either in person or by agent with or without bringing any action or proceeding or by a receiver to be appointed by a court,to the extent permitted by law, make, cancel, enforce, modify, or cure defaults in the Assignor's performance under the Environmental Agreement, negotiate with the Contracting Party and do any and all other acts which the Lender deems necessary to protect the security hereof and the lien hereof. 6. Lender Not Obligated to Perform. This Collateral Assignment is given only as collateral security, and the Lender shall not be obligated to perform or discharge any obligation or liability of the Assignor under the Environmental Agreement. No action or inaction of the Lender under or in connection with the Environmental Agreement shall in any manner release the Assignor from its obligations under this Collateral Assignment or the Obligations. -2-