IMPORTANT NOTICE CONCERNING YOUR RIGHT TO SUBSCRIBE FOR COMMON STOCKRights Exercise Agreement • October 6th, 1997 • Eac Industries Inc • Commercial printing
Enclosed for your consideration are a Prospectus, dated September __, 1997, and the EAC Industries, Inc. Rights Exercise Agreement relating to the offer of 2,283,551 shares (the "Underlying Shares") of common stock, $.10 par value per share (the "Common Stock"), of EAC Industries, Inc. (the "Company") at an exercise price of $.22 per share, in cash (the "Exercise Price"), pursuant to non-transferable subscription rights (the "Rights") distributed to holders of record ("Record Holders") of Common Stock of the Company, as of the close of business on __________, 1997 (the "Record Date").
