Letterhead of Deutsche Asset Management] October 28, 2002 Warren B. Kanders Two Soundview Drive Greenwich, CT 06830 Dear Mr. Kanders: This letter confirms our agreement this date that Deutsche Bank AG and/or its affiliates and subsidiaries...Stock Purchase Agreement • October 29th, 2002 • Kanders Warren B • Services-prepackaged software
This letter confirms our agreement this date that Deutsche Bank AG and/or its affiliates and subsidiaries ("Deutsche") shall sell and deliver to you 841,200 shares ("Shares") of common stock of Clarus Corporation ("Clarus") together with Deutsche's proxy to vote the Shares as you determine against payment of $4,206,000 ($5 per Share) in same-day funds. Settlement shall occur during normal business hours November 8, 2002, New York City time.
