June 12, 2000 Peaches Entertainment Corporation 1180 East Hallandale Beach Blvd. Hallandale, FL 33009 Gentlemen: It is the purpose of this letter agreement between URT Industries, Inc. ("URT") and Peaches Entertainment Corporation ("PEC") to confirm...Letter Agreement • November 22nd, 2000 • Urt Industries Inc • Retail-record & prerecorded tape stores
It is the purpose of this letter agreement between URT Industries, Inc. ("URT") and Peaches Entertainment Corporation ("PEC") to confirm that, in consideration of the benefit which would be expected to accrue to URT, URT hereby agrees that, in the event that PEC's auditor, Rachlin Cohen & Holtz LLP, issues an opinion with respect to its financial statements for the year ended April 1, 2000 which is unqualified (i.e., in the same form as the opinion issued with respect to the year ended April 3, 1999), and if funds generated from the operations of PEC, and the proceeds of debt financing, are insufficient to meet PEC's current projected operating requirements during the one year period ending April 1, 2001, then URT will take any necessary action to see that funds are available to cover any such shortfall up to April 1, 2001.
July 10, 2000 Mr. Allan Wolk 1180 East Hallandale Beach Boulevard Hallandale, FL 33009 Dear Mr. Wolk: It is the purpose of this letter to confirm our agreement to further amend the Amended and Restated Employment Agreement, dated as of the first day...Employment Agreement • November 22nd, 2000 • Urt Industries Inc • Retail-record & prerecorded tape stores
It is the purpose of this letter to confirm our agreement to further amend the Amended and Restated Employment Agreement, dated as of the first day of October, 1994 (the "Employment Agreement"), between URT Industries, Inc. ("URT"), and yourself ("Employee"), as previously amended, in the manner described below:
October 27, 2000 URT Industries, Inc. 1180 East Hallandale Beach Blvd. Hallandale, FL 33009 Gentlemen: It is the purpose of this letter to confirm our understanding with respect to the Amended and Restated Employment Agreement, dated as of October 1,...Employment Agreement • November 22nd, 2000 • Urt Industries Inc • Retail-record & prerecorded tape stores
