Samick Musical Instruments Co. Ltd. Korea Attention: Jong Sup Kim Ladies and Gentlemen:Samick Musical Instruments Co, Ltd. • July 11th, 2013 • Musical instruments
On June 30, 2013, Steinway Musical Instruments, Inc. (the “Company”) entered into an Agreement and Plan of Merger the (“Merger Agreement”) with entities affiliated with Kohlberg Management VII, L.P. (collectively, “Kohlberg”), which requires that as a condition of providing any non-public information to any third party during the 45 day “Go Shop” period, such third party enter into a non-disclosure agreement containing terms no less favorable to the Company in the aggregate than those contained in the non-disclosure agreement previously entered with Kohlberg.
