Exhibit 10.24
Share Repurchase Letter agreement between Pre-Paid Legal Services, Inc. and
Idoya Partners dated January 30, 2009
Prescott Investors, Inc.
▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
(▇▇▇) ▇▇▇-▇▇▇▇ Fax (▇▇▇) ▇▇▇-▇▇▇▇
January 30, 2009
▇▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Pre-Paid Legal Services, Inc. ▇▇▇ ▇▇▇-▇▇▇▇ ▇▇▇
▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇. ▇▇▇▇▇▇▇▇▇▇▇:
This will confirm our agreement to sell direct to Pre-Paid Legal Services, Inc.
200,000 shares of Pre-Paid Legal Services, Inc. common stock at $33.57 per share
versus total money of $6,714,000.
Please wire the proceeds using the wiring instructions below:
# Shares.Account Net Money Goldman Account
-------- ------- --------- ---------------
200,000..Idoya Partners $6,714,000 XXX-XXXXX-X
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Idoya Partners
Chase Manhattan Bank NY
ABA Number ▇▇▇-▇▇▇-▇▇▇
F/A/O Goldman, ▇▇▇▇▇ & Co., NY
Account No. XXX-X-XXXXXX
F/F/C Idoya Partners
A/C # XXX-XXXXX-X
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Please confirm this agreement with your signature and fax (▇▇▇-▇▇▇-▇▇▇▇) or
e-mail (▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) it back to us for our files.
We will deliver the shares as shown above as soon as ▇▇▇▇▇▇▇, Sachs & Co., NY,
is in receipt of the proceeds.
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ........
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▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇, General Partner
Idoya Partners L.P.
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ ........
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇, Chief Executive Officer
Pre-Paid Legal Services, Inc.
