Exhibit 99.2 MEMORANDUM OF UNDERSTANDING --------------------------- This Memorandum of Understanding ("Memorandum") is entered into as of December 4, 2003, by and among (i) The A. David Maroko and Ronald A. Biloon Rollover IRA and Ronda, Inc....Memorandum of Understanding • December 5th, 2003 • Westerbeke Corp • Motors & generators
