As of May 1, 1997
The Alpine Group, Inc.
0000 Xxxxxxxx, Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000-0000
Re: Services Agreement dated as of October 2, 1996 by and between The Alpine
Group, Inc. and Superior Telecom Inc. (the "Agreement")
This will confirm our agreement in modification of the captioned Agreement
as follows:
1. Section 3(b) of the Agreement is hereby amended by deleting the dollar
amount of "$925,000" and replacing it with the dollar amount of
"$2,717,000".
2. Section 4(a) of the Agreement is hereby amended by deleting the first
sentence thereof and inserting the following:
a. Effective from and after May 1, 1997 in respect of the twelve month
period immediately succeeding such date, Superior shall pay Alpine the
fee provided for under Section 3(b) quarterly in advance effective May 1,
1997."
The amendments provided for herein have been approved by the Audit Committee
of the Board of Directors of Superior Telecom Inc.
As modified hereby, the Agreement is hereby expressly ratified and
confirmed.
If the foregoing conforms with your understanding of the agreement reached
between us, kindly execute a copy of this letter so indicating.
Very truly yours,
SUPERIOR TELECOM INC.
BY: /S/ XXXXXX X. XXXXXX
----------------------------------------
Xxxxxx X. Xxxxxx
Its: PRESIDENT AND
CHIEF EXECUTIVE OFFICER
Agreed to as of the date first
herein above set forth
THE ALPINE GROUP, INC.
By: /s/ BRAGI X. XXXXX
---------------------
Bragi X. Xxxxx
Its: EXECUTIVE VICE PRESIDENT
