STOCK OPTION AGREEMENTStock Option Agreement • November 21st, 2002 • Cfoex • Trucking (no local) • Delaware
Stock Option Agreement, dated as of August 17, 2002 (the "Agreement"), between Cannon Express, Inc., a Delaware corporation ("Issuer"), and CFOex, Inc. ("Grantee").
CFOex, Inc. 401 Henley Street Suite 300, Mezzanine Level Knoxville, TN 37902Cfoex • November 21st, 2002 • Trucking (no local) • Tennessee
This letter will serve as an amendment (the "Amendment") to the agreement dated July 23, 2002 (the "Agreement") between Cannon Express, Inc. ("Cannon" or the "Company") and CFOex, Inc. ("CFOex") regarding the retention of CFOex as the exclusive financial advisor to Cannon.
CFOex, Inc. 401 Henley Street Suite 300, Mezzanine Level Knoxville, TN 37902Cfoex • November 21st, 2002 • Trucking (no local) • Tennessee
This letter will serve as the agreement (the "Agreement") between Cannon Express, Inc. ("Cannon" or the "Company") and CFOex, Inc. ("CFOex") regarding the retention of CFOex as the exclusive financial advisor to Cannon. Cannon seeks CFOex's assistance in addressing its evolving liquidity constraint and with implementing one, or several, strategic alternatives to be determined.
