August 31, 1995
BOTI Acquisition Corp.
BOTI Holdings, Inc.
00000 Xxxx Xxxxxxxx Xxxxxx
Xxxxxxxxx, Xxxxxxxx 00000
ATTENTION: Xxxxxx X. Xxxxxxx
Gentlemen:
We refer to the Merger Agreement dated as of July 24, 1995, between
you and the undersigned. You have requested that the date of September
1, 1995, in Section 7.1(f) of the Merger Agreement, be changed to
October 2, 1995.
The Investment Committee and the Board of Directors of the Company,
on behalf of the Company, have approved that request on the condition
that you agree that the Company will delay incurring additional
expenditures with respect to its proxy statement until the Company has
been advised that you have satisfied or waived the condition in Section
6.2(h) and the Company is satisfied that the fairness opinion specified
in Section 6.1(g) will be received. Such delay shall be considered to
be consistent with our responsibilities under Section 1.8 and Section
5.1 of the Merger Agreement.
Please sign your acceptance below.
Yours very truly,
BIG O TIRES, INC.
By /s/ Xxxx X. Xxxxxxx
-------------------
Xxxx X. Xxxxxxx, Chairman
ACCEPTED:
BOTI Acquisition Corp. BOTI Holdings, Inc.
By /s/ Xxxxxx X. Xxxxxxx By /s/ Xxxxxx X. Xxxxxxx
--------------------- ---------------------
Xxxxxx X. Xxxxxxx, President Xxxxxx X. Xxxxxxx, President
