May 17, 2001 Rare Medium Group, Inc. 565 Fifth Avenue 29th Floor New York, NY 10017 Apollo Investment Fund IV, L.P. Apollo Overseas Partners IV, L.P. AIF IV/RRRR LLC 1301 Avenue of the Americas 38th Floor New York, NY 10019 Re: Merger Agreement Ladies...Merger Agreement • May 18th, 2001 • Motient Corp • Communications services, nec
Reference is hereby made to that certain Agreement and Plan of Merger by and among Motient Corporation ("Acquiror"), MR Acquisition Corp. ("Merger Sub") and Rare Medium Group, Inc. (the "Company") dated as of May 14, 2001 (the "Merger Agreement"). All capitalized terms used but not defined herein shall have the meaning set forth in the Merger Agreement.
