United States Trust Company, National Association 600 Fourteenth Street, Suite 400 Washington, DC 20005-4175Laidlaw International Inc • February 18th, 2005 • Local & suburban transit & interurban hwy passenger trans
This letter agreement sets forth the terms and conditions upon which Laidlaw International, Inc. (“Laidlaw”) will purchase from the Laidlaw Stock Trust (the “Trust”) established pursuant to the Laidlaw Stock Trust Agreement, dated June 20, 2003, by and between Laidlaw and United States Trust Company, National Association (“Trustee”), as amended by the First Amendment to Laidlaw Stock Trust Agreement, dated December 21, 2003 (as amended, the "Trust Agreement”), and the Trust will sell to Laidlaw, shares of common stock, par value $0.01 per share, of Laidlaw (the “Common Stock”).
