Exhibit U --------- September 30, 1998 Mr. John Rallis 3501 Jamboree Road, Suite 4000 Newport Beach, CA 92660 Dear Mr. Rallis: As you know, you, John Rallis ("Rallis"), and I Philip N. Smith, Jr., Senior Vice President and Secretary of Trace...Put Option Agreement • December 15th, 1998 • Trace International Holdings Inc • Plastics foam products
