Re: Standstill agreement dated September 15, 2017
Exhibit 15
September 15, 2020
Xxxx X. Xxxxxxxx, as Representative of Revlon, Inc.'s Independent Directors
Revlon, Inc.
Xxx Xxx Xxxx Xxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Standstill agreement dated September 15, 2017
Dear Xx. Xxxxxxxx:
On the anniversary of the above-referenced standstill agreement, and as we have discussed, MacAndrews & Forbes Incorporated (M&F) has agreed to abide by the standstill agreement dated September 15, 2017 (as
extended by our letters dated September 20, 2018 and October 24, 2019) for an additional one year (to no sooner than September 15, 2021). I write to confirm and memorialize this agreement. If this is acceptable to the independent directors of
Revlon, Inc.'s Board of Directors, please countersign below and return a copy of this extension.
Very truly yours,
MACANDREWS & FORBES INCORPORATED
By: /s/ Xxxxxxx Xxxxxxxx
Xxxxxxx Xxxxxxxx
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ACKNOWLEDGED AND AGREED:
By: /s/ Xxxx X. Xxxxxxxx
Xxxx X. Xxxxxxxx,
On behalf of the Independent Directors of Revlon, Inc.
cc: Xxxx Xxxxxxxx, Esq.