EX-99.(E)(22) 11 dex99e22.htm LETTER AGREEMENT, AVI FOX Letter Agreement, Avi Fox
Exhibit (e)(22)
 
March 15, 2001
 
PERSONAL AND CONFIDENTIAL
 
Mr. Avi Fox 510
Lake Cook Road
Deerfield, IL, 60015
 
Dear Avi:
 
          This is to confirm that the Company has, with the approval of the Board of Directors, agreed to modify that certain promissory from you to the Company, originally dated March 16, 1999, having a principal amount of $110,000, an annual interest rate of 5%, and a maturity of March 16, 2001, to provide for an extension of the maturity to March 16, 2003.
 
          In all other respects the Note terms remain unrevised and in full force and effect. If the foregoing accurately reflects your understanding and agreement, please sign and return a copy of this letter to my attention. Thank you.
 
Very truly yours,
 
/s/    STUART A. COHN
 
Stuart A. Cohn Executive Vice President and Secretary to the Board
 
ACKNOWLEDGED AND AGREED:
 
/s/    AVI FOX