[Ranger Aerospace Corporation letterhead]
August 31, 2000
Xxxxxxx X. Xxxxxx
000 Xxxxxxxxxxx Xxxxx
Xxxxx, XX 00000
RE: Liquidity Agreement/Right to Put Certain Shares of Executive Stock
Dear Xxxxx:
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 Second 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 Amended & Restated Second Executive Stock Agreement dated August
31, 2000 which amended and restated such March 7 Stock Agreement.
Very truly yours,
RANGER AEROSPACE CORPORATION
By: ________________________________
Xxxxxx Xxxxxxxx, Chairman of the Board
Xxxxxx and acknowledged as of
the date first written above:
___________________________
Xxxxxxx X. Xxxxxx
