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EXHIBIT 10.15
DEPARTMENT OF THE TREASURY
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
May 2, 2000
VIA FACSIMILE (000) 000-0000
Mr. L. Xxxxxx Xxxxxx
President & Chief Executive Officer
Xxxxx & Wesson
0000 Xxxxxxxxx Xxxxxx
Xxxxxxxxxxx, XX 00000-0000
Dear Ed:
This letter is to confirm your understanding that the agreement
entered into with the Departments of Housing and Urban Development and Treasury
and state and local governments on March 17, 2000 (the "Agreement") does not
obligate the parties to the Agreement other than Xxxxx & Wesson to contribute
money to the oversight committee described in Section III.A. of the Agreement.
To be more specific, Section III.A.2. of the Agreement was not intended to and
does not create a financial liability for the federal, state and local
signatories of the Agreement.
Please verify your agreement with this letter by countersigning
below.
Sincerely,
/s/ Xxxx X. Xxxxx /s/ Xxx X. Xxxxx
-------------------------------- --------------------------------------
Xxxx X. Xxxxx Xxx X. Xxxxx
General Counsel Deputy General Counsel for Litigation
Department of the Treasury Department of Housing and Urban Development
/s/ X. X. Xxxxxx
--------------------------------
X.X. Xxxxxx
President & Executive Officer
Xxxxx & Wesson
