Exhibit 99.4
M & F Worldwide Corp.
00 Xxxx 00xx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
December 3, 2002
Panavision Inc.
0000 Xx Xxxx Xxxxxx
Xxxxxxxx Xxxxx, Xxxxxxxxxx 00000
Re: Termination of Registration Rights Agreement
Gentlemen:
Reference is hereby made to the Registration Rights Agreement, dated
as of June 5, 1998 (the "Registration Rights Agreement"), as amended, between
M & F Worldwide Corp., a Delaware corporation ("M & F Worldwide") and
Panavision Inc., a Delaware corporation ("Panavision") (formerly between
Panavision and PX Holding Corporation, a Delaware corporation).
The undersigned hereby agree that the Registration Rights Agreement
is hereby terminated, effective as of the date hereof, and as a result of such
termination, neither M & F Worldwide nor Panavision (nor any of their
respective directors or officers) shall have any further obligations or
liabilities to the other in connection with or arising out of the Registration
Rights Agreement or its termination.
Very truly yours,
M & F WORLDWIDE CORP.
By: /s/ Xxxxxx Xxxxxx
----------------------------
Name: Xxxxxx Xxxxxx
Title: Chairman of the Board of
Directors, President and
Chief Executive Officer
ACCEPTED AND AGREED:
PANAVISION INC.
By: /s/ Xxxx X. Xxxxxx
---------------------------
Name: Xxxx X. Xxxxxx
Title: Executive Vice President and
General Counsel
