Free Motion for TRO - District Court of Delaware - Delaware

Case 1:04-cv—01294-JJF Document 54-3 Filed 02/27/2006 Page1 0f2
EXHIBIT B

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J Case 1:04-cv—01294-JJF Document 54-3 Fnled 02/27/2006 Page
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0.8/12/20jS 16:21 F.-xx E12 900 sans DEBEVOISE sr PLIMPTON @002
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/ L . BWIP ACQUISITION CORPORATION
I gg; c/o 'Ihe Clayton S. Dubilier _
1 Private Equity Fund II Limited Partnership
- ‘ ?= 270 Greenwich Avenue
‘ Greenwich, Connecticut
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Hay 1, 1987 - _
' rg·1Jarner Corporation n
_V "Y OO South Michigan Avenue _ ‘
hlcugo, Illinois 60-604 p
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‘; Stock Purchase Agreement
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Reference is made to the Stock Purchase Agreement .
{3 Wkfthe "Agreement"), dated M-arch 12, 1987, by and between
Ti" [Q ` ·.a;`H[P Ac uisition Corporation and Bor -warner Cor oratiqn.
H. _ , Cl _ . _ E I ' _ P .
egnqpitalized terms used herein without def1.nit1.on shall have -
‘-jgghq meanings assigned to them in the Agreement.
li · jjll The purpose of this letter is to docu-ment our ·
* ‘— * _` _§;nutual agreement that, notwithstanding anything to the
“ .?*·"_ §§§·i‘}¢ontrary contained ih the Agreement, neither BWIP nor any
its Subsidiaries shall be responsible for any Losses
`_· the extent ths: such Losses are covered by insurance
·; •· [iurried by Borg-Warner.
" `g‘ Accordin l , as rovided b Section 9-04(a) of
,_ up :.·`.l· g y P , _ y _
flgfthe Agreement, Borg-Warner will indemnify the Buyer, BWIP
, _,· ind each of their respective subsidiaries against all Losses
to the extent such Losses are covered by such insurance. -
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In order to evidence your agreement to the
U foregoing, please sign and return the enclosed copy of this
:_,"». letter- _
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Very truly yours,
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BWIP ACQUI§}f·’fON
_· toRP01ux· ON
-·*‘·‘¤ u p ry *·"""’ .
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wl: Accepted and A reed: -
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a0Rc—wAm~1tR conpoamron ·
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=·.;‘; Vice—Pres1.n·nt .
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