[Letterhead]
To: Xxx Xxxxx, Chairman of the Board/C.E.O. - I.C. XXXXXX & COMPANY, LP
FAX #000-000-0000
Date: March 17, 1998 "VIA FACSIMILE & CERTIFIED MAIL"
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Pages: 1 page(s) total, including cover sheet
COMMENTS:
LETTER AGREEMENT
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Dear Bob:
Pursuant to my discussion with Xxxxx Xxxxxx and your subsequent approval,
this letter shall serve as our agreement that BHPC Marketing, Inc. hereby is
approving and allowing the patches in question bearing the color navy blue to
be used on apparel with the understanding that if said patches infringe in any
way, shape or form the settlement agreement with Polo Fashions, Inc.,
I.C. Xxxxxx & Company, LP and BHPC Marketing, Inc. shall bear eventual total
cost in correcting the infringement equally.
If you agree with the aforementioned, please sign where indicated below and
send back to me as soon as possible.
Best regards,
BHPC Marketing, Inc.
/s/ Xxx Xxxxxxxx The foregoing is agreed to and accepted, as setting for
----------------- the agreement of the undersigned with respect to the
Xxx Xxxxxxxx matters set forth above.
Vice President
/s/ Xxxxxx Xxxxx
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by: Xxxxxx Xxxxx, Chairman of the Board/C.E.O.
I.C. XXXXXX & COMPANY, L.P.
3/18/98
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DATE
