1
EXHIBIT 10.2
February 14, 1996
Fremont Financial Corporation
0000 Xxxxx Xxxxxx Xxxx.
Xxxxx 000
Xxxxx Xxxxxx, Xxxxxxxxxx 00000-0000
Attention: Xxxxxxx X. Xxxx
Fremont Funding Inc.
Asset Sale and Contribution Agreement
Ladies and Gentlemen:
In accordance with Section 8.1 of the Asset Sale and Contribution
Agreement, dated as of March 1, 1993 (the "Agreement") between you, as Seller
and us, as Buyer, we hereby request that the term of the Agreement be extended
until May 15, 2002 unless terminated earlier in accordance with subsection
8.1(b) or subsection 8.1(c) of the Agreement. If you are in agreement with the
extension of the term of the Agreement as set forth in this letter, please sign
an acknowledgment copy of this letter and return to us.
Very truly yours,
FREMONT FUNDING INC.
By: /s/ XXXXXXX X. XXXX
------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Chief Financial Officer/Treasurer
ACKNOWLEDGED AND AGREED:
FREMONT FINANCIAL CORPORATION
By: /s/ XXXXXXX X. XXXX
-------------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Senior Vice President/General Counsel
2
April 14, 1997
Fremont Financial Corporation
0000 Xxxxx Xxxxxx Xxxx.
Xxxxx 000
Xxxxx Xxxxxx, Xxxxxxxxxx 00000-0000
Attention: Xxxxxxx X. Xxxx
Fremont Funding Inc.
Asset Sale and Contribution Agreement
Ladies and Gentlemen:
In accordance with Section 8.1 of the Asset Sale and Contribution
Agreement, dated as of March 1, 1993 (the "Agreement") between you, as Seller
and us, as Buyer, we hereby request that the term of the Agreement be extended
until April 15, 2004 unless terminated earlier in accordance with subsection
8.1(b) or subsection 8.1(c) of the Agreement. If you are in agreement with the
extension of the term of the Agreement as set forth in this letter, please sign
an acknowledgment copy of this letter and return to us.
Very truly yours,
FREMONT FUNDING INC.
By: /s/ XXXXXXX X. XXXX
------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Chief Financial Officer/Treasurer
ACKNOWLEDGED AND AGREED:
FREMONT FINANCIAL CORPORATION
By: /s/ XXXXXXX X. XXXX
------------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Senior Vice President/General Counsel