LEE M. CANAAN LETTER AGREEMENTCanaan Letter Agreement • May 4th, 2005 • Oakmont Acquisition Corp.
The undersigned director and stockholder of Oakmont Acquisition Corp. (“Company”), in consideration of Morgan Joseph & Co. Inc. (“Morgan Joseph”) entering into a letter of intent (“Letter of Intent”) to underwrite an initial public offering of the securities of the Company (“IPO”) and embarking on the IPO process, hereby agrees as follows (certain capitalized terms used herein are defined in paragraph 11 hereof):
