November 29, 1999
Via Certified Mail
Mr. X. Xxxx Xxxxxxx
Vice President National City Bank
Corporate Trust Administration
000 Xxxxxx Xxxxxx, Xxxxx 000
Cleveland, OH 4414
Re: Lilly Industries, Inc. Rights Agreement
Dear Xx. Xxxxxxx:
Pursuant to Section 21 of that certain Rights Agreement by and between Lilly
Industries, Inc. ("Lilly") and KeyCorp Shareholder Services, Inc. ("KeyCorp"),
dated as of January 12, 1996 (the "Agreement"), Xxxxx xxxxxx provides notice
that, effective December 6, 1999, KeyCorp shall be removed as Rights Agent under
this Agreement. Pursuant to Section 21 of the Agreement, Xxxxx has appointed
National City Bank to be the successor Rights Agent effective as of December 6,
1999. For your records, please find enclosed a copy of the Rights Agreement.
Sincerely,
Xxxx X. Xxxxx
Vice President, Chief Financial Officer
and Secretary
Encls.
JCE/la
119905
November 29, 1999
Via Certified Mail
Corporate Trust Officer
KeyCorp Shareholder Services, Inc.
000 Xxxxxx Xxxxxx, 00xx Xxxxx
Cleveland, OH 4414
Re: Lilly Industries, Inc. Rights Agreement
To Whom It May Concern:
Pursuant to Section 21 of that certain Rights Agreement by and between Lilly
Industries, Inc. ("Lilly") and KeyCorp Shareholder Services, Inc. ("KeyCorp"),
dated as of January 12, 1996 (the "Agreement"), Xxxxx xxxxxx provides notice
that effective December 6, 1999, KeyCorp shall be removed as Rights Agent under
this Agreement.
Sincerely,
Xxxx X. Xxxxx
Vice President, Chief Financial Officer
and Secretary
