CFOex, Inc. 401 Henley Street Suite 300, Mezzanine Level Knoxville, TN 37902Cannon Express Inc • October 15th, 2002 • Trucking (no local) • Tennessee
This letter will serve as the agreement (the "Agreement") between Cannon Express, Inc. ("Cannon" or the "Company") and CFOex, Inc. ("CFOex") regarding the retention of CFOex as the exclusive financial advisor to Cannon. Cannon seeks CFOex's assistance in addressing its evolving liquidity constraint and with implementing one, or several, strategic alternatives to be determined.
