EXHIBIT 3
LETTER AGREEMENT
CMCO, INC.
000 Xxxx 00xx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
February 11, 1999
Uniflex, Inc.
000 Xxxx Xxxx Xxxxxx
Xxxxxxxxxx, Xxx Xxxx 00000
Attention: Xx. Xxxxxx X. Xxxxx
Dear Xxx:
Reference is made to the letter agreement dated November 16, 1998
("Letter Agreement") between Uniflex, Inc., a Delaware corporation (the
"Company") and CMCO, Inc., a New York corporation ("CMCO"), a copy of which is
attached hereto. This letter agreement shall amend the Letter Agreement. The
parties hereto agree that;
1. The February 15, 1999 date set forth in the second paragraph on
page one of the Letter Agreement and in Sections 4(a), 6(a)(ii) and 9(4)(i) is
deleted and replaced with March 5, 1999.
2. All other provisions of the Letter Agreement shall remain
unchanged.
If the foregoing accurately sets forth our understanding, we request
that the Board of Directors of the Company approve this letter agreement
amending the Letter Agreement and evidence such approval by causing the
enclosed copy of this letter agreement to be signed on behalf of the Company,
dated and returned to the undersigned.
Very truly yours,
CMCO Inc.
By /s/ Xxxxxx Xxxxxxxx
---------------------------
Xxxxxx Xxxxxxxx
Vice President
Accepted and Agreed
as of the date first written above:
UNIFLEX, INC.
By: /s/ Xxxxxx X. Xxxxx
---------------------------
Name: Xxxxxx X. Xxxxx
Title: President
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