SUBSCRIPTION AGREEMENT, dated as of June 15, 1999 (this "Agreement"), between SPS International Holdings, Inc., a Delaware corporation (the "Company"), and the individual named on the signature page hereto (the "Stockholder"). WHEREAS, concurrently...Subscription Agreement • July 12th, 1999 • Cpi Corp • Services-personal services • New York
GUARANTEECpi Corp • July 12th, 1999 • Services-personal services
Concurrently herewith CPI Corp. ("CPI") is entering into an Agreement and Plan of Merger dated the date hereof (the "Agreement") with SPS International Holdings, Inc., a Delaware corporation ("Parent"), and SPS Acquisition, Inc., a Delaware corporation. Capitalized terms in this letter shall have the meaning ascribed thereto in the Agreement.
