Mr. Robert Kelly CONFIDENTIAL Chief Executive Officer Minorplanet Systems PLC Greenwich House Sheepscar, Leeds LS4 2LE UNITED KINGDOM RE: BINDING LETTER AGREEMENT Dear Mr. Kelly: This binding Letter Agreement (this "Agreement") sets forth the terms of...Stock Purchase and Sale Agreement • August 27th, 2003 • Minorplanet Systems Usa Inc • Radiotelephone communications • Delaware
EXHIBIT 99.2 STOCK REPURCHASE OPTION AGREEMENT THIS STOCK REPURCHASE OPTION AGREEMENT (this "Agreement"), made as of the 15th day of August, 2003 (the "Date of Grant"), between Minorplanet Systems USA, Inc., a Delaware corporation (the "Company"), and...Stock Repurchase Option Agreement • August 27th, 2003 • Minorplanet Systems Usa Inc • Radiotelephone communications • Texas
