EXHIBIT 10.35
[LETTERHEAD APPEARS HERE]
March 13, 1997
Erpe Xxxxx Xxxx Vertriebs GmbH Via Facsimile
Empe Xxxxx Xxxx GmbH & Co. KG (08171/381-207)
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Attention: Xx. Xxxx Xxxxxxxx
Re: Purchaser Election by Cambridge Industries, Inc.
Dear Xx. Xxxxxxxx:
Reference is made to the Joint Venture Agreement dated as of March 4, 1994 among
Cambridge Industries, Inc. ("Cambridge"), Erpe Xxxxx Xxxx Vertriebs GmbH
("Erpe") and Empe Xxxxx Xxxx GmbH & Co. KG ("Empe") (the "Joint Venture
Agreement").
Pursuant to Section 6.A. of the Joint Venture Agreement, Cambridge hereby makes
the following Purchase Election: Cambridge elects to purchase all of the
outstanding shares of CE Automotive Trim Systems, Inc., a Michigan corporation
("CEATS"), held by Erpe and Empe, or either of them, for a purchase price of
$25,000.00 (representing Empe and Erpe's capital contribution in CEATS),
payable in United States funds in cash at closing.
Please contact me or Xxxxx Xxxxxxx at your earliest convenience to make
arrangements to complete this transaction.
Respectfully,
CAMBRIDGE INDUSTRIES, INC.
/s/ Xxxxxxx X. Xxxxxxxx
Xxxxxxx X. Xxxxxxxx, Chairman of the Board
cc: Xxxxxx Xxxxx-Xxxxxxxxxxx, Assessorin
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Facsimile 08171/381-359
