XXXX XXXXXXX
0000 XXXXXXX XXXX
XX. XXXXXXXXXX, XX 00000
December 18, 2002
Mr. Xxxx Xxxxx
c/o Xxxxx Xxxxxxxx, Esq.
0000 Xxxxxxx Xxxxxxx
Xxxxx 000
Xxxxxx Xxxxx Xxxxxxxxx, XX 00000
Re: Stock Purchase Agreement (the "Purchase Agreement") dated October
28, 2002 by and between Xxxxxxx Xxxxx and Xxxx Xxxxxxx.
Dear Xx. Xxxxx:
Pursuant to Section 2.4 of the Purchase Agreement, you agreed to cause TMI
Holdings, Inc. (the "Company") to pay certain liabilities of the Company within
21 days of the closing of the transaction contemplated by the Purchase
Agreement. This letter will confirm that I agree that such 21-day period will
begin on the date hereof.
This letter also serve to advise you that I have paid, out of my personal
funds, the amount of $1,000 to the internal account listed on Exhibit C of the
Purchase Agreement. You had previously agreed to cause the Company to pay such
amount to the internal accountant. Payment by the Company for this amount
should be paid to me personally and not to the internal accountant.
If you have any questions, please call me at (000) 000-0000
Very truly yours,
/s/ Xxxx Xxxxxxx
Xxxx Xxxxxxx
