XXXX X. XXXXXXX
C/O SKY CAPITAL HOLDINGS, LTD.
000 XXXX XXXXXX
XXX XXXX, XXX XXXX, 00000
December 20, 2001
The Thornwater Company, L.P.
00 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
ATTN: Xxxxxx Xxxxxxxxx
RE: Consulting Agreement dated January 29, 2001 ("Consulting Agreement")
Gentlemen:
Reference is made to the Consulting Agreement. By your signature below it is
agreed that the Consulting Agreement is terminated effective with the close of
business, New York local time on December 31, 2001, on and subject to the terms
and conditions of this letter.
Except as expressly set forth in Paragraph 5 of the Consulting Agreement,
subsequent to the termination neither party will have any further obligations or
liabilities to the other pursuant to the Consulting Agreement. Any and all
obligations and liabilities of the parties under the Consulting Agreement which
arose or accrued prior to the effective date of the termination shall be
unaffected by the termination.
Very truly yours,
Xxxx X. Xxxxxxx
Xxxx X. Xxxxxxx
Agreed and accepted:
The Thornwater Company, L.P.
By: Xxxxxx Xxxxxxxxx
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Xxxxxx Xxxxxxxxx, an authorized
Signatory of the General Partner
