EX-3 3 iridian13da_ex3.txt EXHIBIT 3 [Letterhead of Franklin Mutual Advisers, LLC] June 27, 2002 BY FEDERAL EXPRESS David Cohen Iridian Asset Management LLC 276 Post Road West Westport, CT 06880 Re: Termination of Sharing Agreement. -------------------------------- Dear David: We are writing to confirm our mutual agreement, in accordance with paragraph 7 of the Sharing Agreement dated March 8, 2002 between Iridian Asset Management LLC and Franklin Mutual Advisers, LLC, to terminate the Sharing Agreement as of the date hereof and that, except as provided in paragraph 7, neither of us shall have any further obligation to the other pursuant to the Sharing Agreement. Very truly yours, FRANKLIN MUTUAL ADVISERS, LLC By: /s/ Bradley Takahashi ------------------------ Name: Bradley Takahashi Title: Vice President Accepted and agreed to as of the date first written above: IRIDIAN ASSET MANAGEMENT LLC By: /s/ David Cohen --------------------- Name: David Cohen Title: Principal