Exhibit 2.1
Xxxxx & Lord, Inc.
000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, Xxx Xxxx 00000
November 3, 1995
Triarc Companies, Inc.
000 Xxxxx Xxxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxx Xxxxx, Chairman and Chief Executive Officer
Gentlemen:
This letter shall set forth our understanding and agreement with respect
to paragraph 15 of the Letter of Intent, dated September 22, 1995 (the
"LOI"), between Xxxxx & Lord, Inc. ("Xxxxx") and Triarc Companies, Inc.
("Triarc") relating to the proposed acquisition by Xxxxx of the textile
related business and assets of Graniteville Company, a South Carolina
corporation and a wholly owned subsidiary of Triarc.
Paragraph 15 of the LOI is hereby amended by extending the Non-
Negotiation Period (as defined in paragraph 15 of the LOI) from a period of
45 days from the date of the LOI to a period of 80 days from the date of the
LOI.
Please acknowledge your agreement to the foregoing by signing and
returning this letter to the undersigned.
Very truly yours,
XXXXX & LORD, INC.
By: XXXXXX X. XXXXXX
Name: Xxxxxx X. Xxxxxx
Title: Chairman of the
Board and President
ACCEPTED AND AGREED TO:
TRIARC COMPANIES, INC.
By: XXXXXX XXXXX
Name: Xxxxxx Xxxxx
Title: Chairman and CEO
