EXHIBIT 14
JOINT FILING AGREEMENT,
DATED AS OF MAY 31, 2002
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of
1934, as amended, the undersigned hereby agree to the joint filing of GSC
Recovery II, L.P.; GSC Recovery II GP, L.P.; GSC RII, L.L.C., GSCP (NJ)
Holdings, L.P.; GSCP (NJ), Inc.; GSCP Recovery, Inc.; Greenwich Street Capital
Partners II, L.P.; GSCP Offshore Fund, L.P.; Greenwich Street Employees Fund,
L.P.; Greenwich Fund, L.P.; TRV Executive Fund, L.P.; Greenwich Street
Investments II, L.L.C.; GSCP (NJ), L.P.; Xxxxx X. Xxxxx; Xxxxxx X. Xxxxxx III;
Xxxxxx X. Xxxxxx; Xxxxxxx X. Xxxxxx; Xxxxxx X. Xxxxxxxx; Xxxxxxx X. Xxxxxxx;
Xxxxxx X. Xxxxx; and Xxxxxxxxx X. Vanden Beukel on behalf of each of them of a
statement on Schedule 13D (including amendments thereto) with respect to shares
of Common Stock, par value $0.001 per share, and Series C Voting Convertible
Preferred Stock, par value $0.001 per share, of Pacific Aerospace & Electronics,
Inc., and that this Agreement be included as an Exhibit to such joint filing.
This Agreement may be executed in any number of counterparts all of which taken
together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this
31 day of May 2002.
GSCP RECOVERY, INC.
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
GSC RECOVERY II, L.P.
By: GSC Recovery II GP, L.P.,
its general partner
By: GSC RII, LLC,
its general partner
By: GSCP (NJ) Holdings, L.P.,
its sole member
By: GSCP (NJ), Inc.,
its general partner
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
GSC RECOVERY II GP, L.P.
By: GSC RII, LLC,
its general partner
By: GSCP (NJ) Holdings, L.P.,
its sole member
By: GSCP (NJ), Inc.,
its general partner
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
GSC RII, LLC
By: GSCP (NJ) Holdings, L.P.,
its sole member
By: GSCP (NJ), Inc.,
its general partner
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
GSCP (NJ) HOLDINGS, L.P.
By: GSCP (NJ), Inc.,
its general partner
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
GSCP (NJ), INC.
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
0
XXXXXXXXX XXXXXX CAPITAL PARTNERS II, L.P.
GSCP OFFSHORE FUND, L.P.
GREENWICH FUND, L.P.
GREENWICH STREET EMPLOYEES FUND, L.P.
TRV EXECUTIVE FUND, L.P.
By: Greenwich Street Investments II, L.L.C., its General Partner:
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
GREENWICH STREET INVESTMENTS II, L.L.C.
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
GSCP (NJ), L.P.
By: GSCP (NJ), Inc., its General Partner:
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
GSCP (NJ), INC.
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
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Xxxxx X. Xxxxx, Xxxxxx X. Xxxxxx III, Xxxxxx X. Xxxxxx, Xxxxxxx X.
Xxxxxx, Xxxxxx X. Xxxxxxxx, Xxxxxxx X. Xxxxxxx, Xxxxxx X. Xxxxx and
Xxxxxxxxx X. Vanden Beukel
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
as Attorney-in-Fact*
By: /s/ Xxxxxx Xxxxxx
------------------------------
as Attorney-in-Fact*
* Attorneys-in-Fact under Power of Attorney dated
January 4, 2002 as filed with the SEC as Exhibit 7(L)
to the Schedule 13D/A filed by Greenwich Street
Capital Partners II, L.P. et al. on January 4, 2002
and incorporated by reference.
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