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normally signed by Mr. Bricker on behalf of LTD and then sent to
Mr. Fahey for his signature on behalf of INC.
The letter agreement for the taxable year ended June 30,
1984, signed by Mr. Bricker and Mr. Fahey, was dated December 18,
1984.
The letter agreement for the taxable year ended June 30,
1985, signed by Mr. Fahey but not Mr. Bricker, was dated July 1,
1984. The cover letter transmitting the letter agreement for the
taxable year ended June 30, 1985, was dated July 17, 1985. LTD
made 11 payments of $29,500, one each month, for a total of
$324,500 in fees during taxable year ended June 30, 1985. LTD
made an adjustment on June 30, 1985, paying an additional
$257,500 in fees for a final total of $582,000 for taxable year
ended June 30, 1985.
The letter agreement for taxable year ended June 30, 1986,
signed by Mr. Bricker and Mr. Fahey, was dated "As of July 1,
1985". A letter from Steve Dooley, INC's controller, to Mr.
Bricker requesting that INC's fee for taxable year ended June 30,
1986, be adjusted to $945,000 was dated July 18, 1986.
The letter agreement for taxable year ended June 30, 1987,
signed by Mr. Bricker and Mr. Fahey, was dated "As of July 1,
1986". A letter dated August 5, 1987, telecopied from Mr. Dooley
to Mr. Bricker included a suggested annual fee of $1,281,000 and
a proposed profit and loss statement for INC's taxable year ended
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