ARM Financial Group, Inc.
October 9, 1997
VIA FEDERAL EXPRESS
Xx. Xxxx Xxxxxxxx
Shorenstein Company
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Lease (the "Lease") dated as of August 4, 1993 between
Metropolitan Life Insurance Company, as landlord
("Landlord"), and Kleinwort Xxxxxx Investment Management
Americas, Inc. (successor in interest to Kleinwort Xxxxxx
International Investments Ltd.), as tenant, regarding space
(the "Premises") on the 20th floor at 000 Xxxx Xxxxxx, Xxx
Xxxx, Xxx Xxxx, as assigned to ARM Capital Advisors, Inc.
("ARMCA") as of January 5, 1995.
Dear Xxxx:
We are writing to advise you that we are transferring substantially all of
the assets of ARMCA, including without limitation ARMCA's right, title and
interest in and to the Lease, to ARM Capital Advisors, LLC ("ARMCA, LLC"), a
newly formed limited liability company which, upon consummation of this
transaction, will be 80% owned by ARM Capital Advisors Holdings, LLC, an entity
controlled by Xx. Xxxx Xxxxx, and 20% owned by ARM Financial Group, Inc.
In accordance with the terms of the Lease, please acknowledge your consent
to ARMCA assigning all of its right, title and interest in and to the Lease to
ARMCA, LLC by signing where indicated below. Upon closing this transaction, we
will send you a copy of the assignment and assumption of the Lease.
Thank you for your assistance. Please give me a call if you have any
questions.
Sincerely,
/s/ Xxxxx X. Xxxxxx
Xxxxx X. Xxxxxx,
Assistant General Counsel
ARM Financial Group. Inc.
000 Xxxx Xxxxxx Xxxxxx
Xxxxxxxxxx, XX 00000-0000
READ AND AGREED TO:
METROPOLITAN LIFE INSURANCE COMPANY
By:/S/ W. Xxxx Xxxxxx
----------------------------------
Name:/S/ W. Xxxx Xxxxxx
--------------------------------
Title: Regional Manager
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cc: Xxxxxx X. Xxxxx, Esq.
