Exhibit 1
VIA FACSIMILE AND FEDERAL EXPRESS
August 6, 2004
Deutsche Bank Alex. Xxxxx
000 Xxxx Xxxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
Attn: Xxxxxxxxxxx Xxx
Re: Advanced Instructions to Sell Common Stock between Jewelcor
Management, Inc. and Deutsche Bank Alex.Xxxxx, a division of
Deutsche Bank Securities, Inc., dated June 9, 2004 ("Advanced
Instructions"), as amended by that Amendment Agreement dated
June 9, 2004, (the "Amendment", and together with the Advanced
Instructions, the "Agreement").
Dear Xx. Xxx:
Pursuant to the last paragraph of the Advanced Instructions
and paragraph 2(j) of Schedule 1 to the above referenced Agreement,
Jewelcor Management, Inc. hereby terminates the Agreement effective
immediately and requests that Deutsche Bank Alex.Xxxxx revoke and
cease all sales under the Agreement.
Please sign a copy of this letter in the space provided
below and return it to me. Call me if you have any questions.
Sincerely,
Jewelcor Management, Inc.
By: _/s/_____________________
Xxxxxxx Xxxxxxxx
Chairman and Chief Executive Officer
Accepted:
Deutsche Bank Xxxx Xxxxx
By: ______________________
Title: _____________________
Date: _____________________
\\w2k3server\users$\jquigley\Deutsche Bank Xxxx Xxxxx letter 8-6-04.doc