- 16 - On June 14, 1988, Beth L. Bronner, vice president for strategic and business development for H�agen-Dazs, replied to Mr. Hewit’s letter of June 6, stating that H�agen-Dazs had “incorporated, where possible, the suggested changes in your redraft and letter of June 6. However, many of the points in your letter reflected a transaction materially different from the one we believed we had negotiated with your clients”. Ms. Bronner’s letter stated that H�agen-Dazs had incorporated “your proposed exclusion of Martin Strassberg and * * * [MIC] from the Purchase Agreement,” although it created “an important issue with which we must deal” in light of H�agen-Dazs’ main objective of obtaining “any and all distribution rights” of both Arnold and Martin and their respective companies. Ms. Bronner proposed to resolve this issue through a separate “side agreement” in which Martin and MIC “would clearly acknowledge” that all rights to distribute “H�agen-Dazs products have been transferred to * * * [SIC] and that he * * * [Martin] claims no rights to distribute H�agen-Dazs.”6 6 The record includes an “Agreement”, signed by Martin and Ms. Bronner on behalf of MIC and H�agen-Dazs, respectively, on July 8, 1988, that appears to be the contemplated “side agreement” referred to by Ms. Bronner in her June 14 letter. This agreement states that H�agen-Dazs and MIC would enter into three distribution agreements upon the closing of the H�agen-Dazs agreement with Arnold and SIC. The three distribution agreements, which were signed July 22, 1988, provide MIC with various rights to distribute certain H�agen-Dazs ice cream products in specified convenience stores, delis, places where ice cream is consumed on the premises, and other small independent grocery stores in New Jersey and parts of New York.Page: Previous 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Next
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