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EXHIBIT 99.1
AGREEMENT dated as of February 18, 1999 between Tweedy, Xxxxxx Company LLC,
a Delaware limited liability company ("TBC"),and TBK Partners, L.P., a Delaware
limited partnership, ("TBK").
WITNESSETH:
WHEREAS, TBC and TBK may be deemed to have acquired, in the aggregate,
beneficial ownership of more than five percent of the Common Stock (the "Common
Stock") of Echelon International Corporation, Inc. (the "Company") and
WHEREAS, pursuant to Rule 13d-1 under the Securities Exchange Act of 1934
(the "Act"), a Statement on Schedule 13D must be filed by any person who
acquires more than five percent of registered equity securities; and
WHEREAS, in accordance with Rule 13d-1(f) of the Act, only one such
Statement need be filed whenever two or more persons are required to file such a
Statement pursuant to Section 13(d) of the Act with respect to the same
securities, provided that said persons agree in writing that such Statement is
filed on behalf of each of them.
NOW, THEREFORE, in consideration of the premises and mutual agreements
herein contained, the parties hereto agree as follows:
TBC and TBK do hereby agree, in accordance with Rule 13d-1(f) under the
Act, to file one Statement on Schedule 13D relating to their ownership of the
Common Stock, and do hereby further agree that said Statement shall be filed on
behalf of each of them.. Nothing herein, however, shall be, or shall be deemed
to be, an admission that the parties hereto, or any of them, are members of a
"group" (within the meaning of Section 13(d) of the Act and the rules and
regulations promulgated thereunder) with respect to any securities of the
Company.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first above written.
TWEEDY, XXXXXX COMPANY LLC TBK PARTNERS, L.P.
By /s/ Xxxxxxxxxxx X. Xxxxxx By /s/ Xxxxxxxxxxx X. Xxxxxx
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Xxxxxxxxxxx X. Xxxxxx Xxxxxxxxxxx X. Xxxxxx
Member General Partner
