April 22, 2003 Hancock Park Capital II, L.P. 10323 Santa Monica Blvd., Suite 101 Los Angeles, CA 90025 Ladies and Gentlemen: Re: Agreement Regarding Certain Matters Ladies and Gentlemen:Agreement Regarding Certain Matters • July 17th, 2003 • Fao Inc • Retail-catalog & mail-order houses
In consideration of the purchase by Hancock Park Capital II, L.P. (“Hancock”) of 5,000 shares of FAO, Inc. Class I Convertible Preferred Stock (the “Shares”), and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, this letter constitutes the following agreement:
