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EXHIBIT 9.1
TERMINATION OF SHAREHOLDER AGREEMENT
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WHEREAS, on May 29, 0000 Xxxx X. Xxxxxxx, Xxxxxxxx X. Xxxxxxx, Xxxxxxx X.
Xxxxxxx, Xxxx X. Xxxxxxxxxxxx, Xxxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxxxx and
Code-Alarm, Inc., a Michigan corporation, entered into a certain Shareholder
Agreement;
WHEREAS, the Shareholder Agreement has been amended many times, and the
only remaining shareholders whose Restricted Shares are subject to the
Shareholder Agreement are Xxxx X. Xxxxxxx, Xxxxxxx X. Xxxxxxx and Xxxxx X.
Xxxxxxxxx; and
WHEREAS, Xxxx X. Xxxxxxx, who owns more than two-thirds (2/3) of the
Restricted Shares subject to the Shareholder Agreement, desires to terminate
this Agreement.
NOW, THEREFORE, it is hereby agreed as follows:
The Shareholder Agreement is terminated effective as of February 15, 1997,
and upon and after that date all Restricted Shares are henceforth no longer
subject to the terms and conditions of the Shareholder Agreement.
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IN WITNESS WHEREOF, this Agreement has been executed by shareholders owning
more than two-thirds (2/3) of the Restricted Shares subject to the Shareholder
Agreement.
CODE-ALARM, INC.
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
President
/s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
/s/ Xxxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx
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Xxxxx X. Xxxxxxxxx
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