EXHIBIT 10.1
March 7, 2000
(VIA FEDERAL EXPRESS & TELECOPY)
ITI Technologies, Inc.
0000 Xxxxx Xxxxxx Xxxxxx
Xxxxx Xx. Xxxx, XX 00000
Attention: Xxxxxx X. Xxxx
President and Chief Executive Officer
Re: AGREEMENT AND PLAN OF MERGER AND REORGANIZATION
BETWEEN ITI TECHNOLOGIES, INC. AND SLC TECHNOLOGIES,
INC. DATED AS OF SEPTEMBER 28, 1999 (THE "MERGER
AGREEMENT")
----------------------------------------------------
Dear Mr. Auth:
Pursuant to Section 7.1(b) of the Merger Agreement, SLC Technologies,
Inc. may extend the Upset Date (as defined in the Merger Agreement) for an
additional one-month period on not more than two occasions by delivering written
notice to ITI Technologies, Inc. not less than three days prior to the Upset
Date. The initial Upset Date is March 28, 2000. SLC Technologies, Inc. hereby
gives you notice pursuant to Section 7.1(b) of the Merger Agreement that we are
extending the Upset Date by one additional month, and the new Upset Date is
April 28, 2000. If you have any questions regarding the above, please contact
the undersigned at (000) 000-0000.
Sincerely,
SLC TECHNOLOGIES, INC.
By: /s/ Xxxxxxx X. Xxxxx
-------------------------------------
Name: Xxxxxxx X. Xxxxx
Title: Chief Executive Officer
/svn
cc: Xxxxxxx X. Xxxxxx, Esquire, Vice President and General Counsel
(VIA FEDERAL EXPRESS & TELECOPY)
Xxxxxxx X. Xxxxx, Esquire (VIA FEDERAL EXPRESS & TELECOPY)
