As of October 1st 1997Confidentiality Letter • October 7th, 1997 • Pearson Merger Co Inc • Services-motion picture & video tape production
Reference is made to that certain confidentiality letter dated November 20, 1995 between All American Communications, Inc. (the "Company") and Pearson Television Limited (the "Confidentiality Letter") as reinstated by that letter dated February 16, 1996, the Agreement and Plan of Merger dated as of October 1, 1997 (the "Merger Agreement") among the Company, Pearson plc ("Purchaser") and Pearson Merger Company, Inc. ("Merger Sub") and the Stockholders Agreement dated as of October 1, 1997 (the "Stockholders Agreement") among Purchaser, Merger Sub and certain stockholders of the Company. Terms which are defined in the Merger Agreement and are not otherwise defined herein shall have the same meanings herein as therein. This is to confirm that the Board of Directors of the Company has consented to and approved the acquisition by Pearson and Merger Sub of all of the shares of Common Stock and Class B Common Stock of the Company (the "Shares") at the price set forth in the Merger Agreement (
