[Ranger Aerospace Corporation letterhead]
August 31, 2000
Xxxxxx X. Xxxxx
000 Xxxxx Xxxxx Xxxx
Xxxxx, XX 00000
RE: Liquidity Agreement/Right to Put Certain Shares of Executive Stock
Dear Xxxxxx:
Reference is hereby made to that certain letter from Ranger Aerospace
Corporation to you dated March 7, 2000, re: Liquidity Agreement/Right to Put
Certain Shares of Executive Stock (the "March 7 Letter"). This letter affirms
that the March 7 Letter remains in full force and affect, and that references to
that certain Executive Stock Agreement dated as of March 7, 2000 and defined as
the "Stock Agreement" in the March 7 Letter shall now be references to that
certain Xxxxxxx & Restated Executive Stock Agreement dated August 31, 2000 which
amended and restated such March 7 Stock Agreement.
Very truly yours,
RANGER AEROSPACE CORPORATION
By: ________________________________
Xxxxxxx X. Xxxxxx, President & CEO
Xxxxxx and acknowledged as of
the date first written above:
___________________________
Xxxxxx X. Xxxxx
