REPORTING SERVICE ASSOCIATES, INC.
000 Xxxxx 00xx Xxxxxx - 00xx Xxxxx
Xxxxxxxxxxxx, Xxxxxxxxxxxx 00000
April 1, 0000
X.X. Xxxxx Support, Inc.
0000 Xxxxxx Xxxxxx - Xxxxx 000
Xxxxxxx, Xxxxx 00000
ATTENTION: Xx. Xxxxxxx X. Xxxxxx
Chairman, President, and C.E.O.
RE: Agreement of Purchase and Sale of Assets dated
Effective September 24, 1997 (the "Agreement")
Dear Xx. Xxxxxx:
Pursuant to the terms and provisions of the Agreement of Purchase and Sale
of Assets entered into and effective as of September 24, 1997 by and among
LITIGATION RESOURCES OF AMERICA - NORTHEAST, INC., and LITIGATION RESOURCES OF
AMERICA, INC. (now known as U.S. LEGAL SUPPORT, INC.), and REPORTING SERVICE
ASSOCIATES, INC., as well as the related Letter Agreement dated September 15,
1997 between the same parties and the extension of the aforesaid Letter
Agreement dated on or about December 8, 1997, as well as the terms and
provisions of related and ancillary agreements and documents (hereinafter all
sometimes referred to as the "Agreement"), and, in view of the failure of U.S.
Legal Support, Inc. to close by March 31, 1998 on the IPO contemplated by the
foregoing agreements and documents and by the failure to consummate by March 31,
1998 (the last possible Closing Date provided by the foregoing Agreement) the
transactions contemplated by the foregoing, please be advised that in accordance
with Section 8.3 of the foregoing September 24, 1997 Agreement, said Agreement
is herewith terminated effective as of 12:01 A.M. this morning, April 1, 1998.
Accordingly, neither we nor you are now bound by the terms and provisions of the
Agreement.
We appreciate the efforts you have expended in this matter and are saddened
that they did not come to fruition.
Very truly yours,
REPORTING SERVICE ASSOCIATES, INC.
By:
-----------------------------------------
XXX X. XXXXXXXXX, President
LRG:lds
cc: Xxxxxxxx X. Xxxxxxxxxx, Esquire
