February 23, 2015 Fundamental Global Investors, LLC c/o D. Kyle Cerminara Charlotte, North Carolina 28209 Dear Mr. Cerminara:Board Nomination Agreement • March 3rd, 2015 • Fundamental Global Partners • Electronic components, nec • Delaware
This letter constitutes the agreement (the “Agreement”) between Magnetek, Inc., a Delaware corporation (the “Company”), on the one hand, and Fundamental Global Investors, LLC (“Investor”) and each of the other individuals and entities set forth on the signature pages hereto (the “Investor Affiliates,” and together with Investor and the Investor Affiliates, and Affiliates of any of the foregoing that are listed as filing parties on Investor’s Schedule 13D (as defined below), the “Investor Group”), on the other hand, with respect to the matters set forth below:
