FUNDING AND COOPERATION AGREEMENTFunding and Cooperation Agreement • November 6th, 2006 • Cascade Investment LLC • Hotels & motels • New York
FUNDING AND COOPERATION AGREEMENT (this “Agreement”), dated as of November 3, 2006, by and among Kingdom Hotels International, a Cayman Islands company (“Kingdom”), Cascade Investment, L.L.C., a Washington limited liability company (“Cascade” and, together with Kingdom, the “Lead Investors”), Triples Holdings Limited, an Ontario corporation (“Triples” and, together with the Lead Investors, the “Investors”), and Isadore Sharp (“Sharp” and, together with Triples, the “Sharp Parties” the Sharp Parties and the Lead Investors are referred to herein as the “Parties”).
CONFIDENTIALITY LETTER AGREEMENT [CASCADE INVESTMENT L.L.C. LETTERHEAD]Confidentiality Letter Agreement • November 6th, 2006 • Cascade Investment LLC • Hotels & motels • Delaware
We have expressed to Four Seasons Hotels Inc. (“you” or the “Company”) an interest in exploring the possibility of pursuing a transaction acceptable to the Board of Directors of the Company (the “Transaction”) pursuant to which we, as well as a small number of other long-term investors, might acquire all of the outstanding Limited Voting Shares and Multiple Voting Shares of the Company to assist in the orderly transition of the long-term ownership of the Company and the realization by the shareholders of the Company of an appropriate value for their investments.
