MONARCH INVESTMENT PROPERTIES, INC. 1801 N. Military Trail Suite 203 Boca Raton, Florida 33431
Exhibit 10.1
MONARCH INVESTMENT PROPERTIES, INC.
0000 X. Xxxxxxxx Xxxxx
Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000
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(000) 000-0000 |
xxxx@xxxxxxx.xxx |
FAX: (000) 000-0000 |
April 1, 2009
VIA E-MAIL, FACSIMILE & US MAIL
Xxxx Xxxxxx,
President
All American Home Products, LLC
0000 XX 0xx Xxxxxx
Xxxx Xxxxx, Xxxxxxx 00000
Re: Monarch/AAHP Merger Agreement
Dear Xx. Xxxxxx:
On March 13, 2009 we sent you the attached letter which you acknowledged receiving, but did not provide us with the status, other than you would like to negotiate an extension.
At our in-person meeting on March 27, 2009 we emphasized the importance of your immediate action on your request for an extension of time to close this transaction. We have not received a response to our request.
Pursuant to Amendment No. 1 to Merger Agreement, paragraph 3, “Amendment to Section 7.1: Termination”, the Company is notifying you that we are terminating the Merger Agreement effective March 19, 2009, as provided for in the Merger Agreement and Amendment No 1 to the Merger Agreement.
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Sincerely yours, |
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/s/ Xxxxx Xxxxxx |
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Xxxxx Xxxxxx |
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President |
DM/ls
enclosure
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cc: |
Xxxx Xxxxxxxx, CFO – All American Home Products |
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Xxxxxx Xxxxxx, Esq. |
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Xxxxx Xxxxxxx, Esq. |
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Xxxxx X. Xxxxxx, CPA |
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Xxxx Xxxxxxxx, CFO |
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All American Home Products, LLC |
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0000 XX 0xx Xxxxxx |
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Xxxx Xxxxx, Xxxxxxx 00000 |
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Xxxxxx Xxxxxx, Esq. |
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00000 X. Xxxxxxxx Xxxx |
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Xxxxx X, Xxxxxxxxx |
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Xxxxxxxxx, XX 00000 |
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Xxxxx Xxxxxxx, Esq. |
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Xxxxxxxxx Traurig, P.A. |
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0000 Xxxx Xxxxxx Xxxxxx/Xxxxx 000 |
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Xxxx Xxxxx, Xxxxxxx 00000 |
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