November 23, 1998
VIA CERTIFIED MAIL
Re: Shareholder Agreement
Dear :
-----------
This is to advise you that, pursuant to Section 5 of the Shareholder Agreement
(the "Shareholder Agreement") dated November 29, 1992 between Xx. Xxxx
Xxxxxxxxxxxx and you, as holder of 75,500 shares of JPE, Inc. Common Stock, I am
terminating the Shareholder Agreement as of the date of this letter. This notice
is being sent to all shareholders who are a party to the Shareholder Agreement.
If you would like to have the Shareholder Agreement legend removed from your
stock certificate(s), please send your certificate(s), along with a copy of this
letter to the Company's transfer agent at the following address:
American Stock Transfer & Trust Company
00 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xx. Xxxxx Xxxxx
Sincerely,
/s/ Xxxx Xxxxxxxxxxxx
