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[XXXXX XXXXX XXXXXXXXXX]
October 22nd, 1996
Xx. Xxxx Xxxxxxx
President
Ridgeview Inc.
0000 X. Xxxx Xxxxxx
Xxxxxx, Xxxxx Xxxxxxxx 00000
Dear Xxxx,
This letter confirms our agreement to extend our present contract which expires
December 31st, 1996, to December 31st, 1997. As we discussed, this agreement
binds both parties to the terms of the previous contract. The projected volume
for the next year will be $5,000,000, and the minimum guaranty of $350,000 to be
paid in quarterly installments.
We hope that you will surpass your expectations in the upcoming year, and we
would be happy to meet so that we can discuss the best way to utilize your
marketing and advertising dollars.
Sincerely,
/s/ Xxxxxx Xxxxxxxxxxx
Xxxxxx Xxxxxxxxxxx
Executive Vice President
cc: Xx. Xxxxxx
X. Xxxxxx
X. Xxxxxxx
X. Xxxxxxxxx
