August 12, 2000
To Whom It May Concern:
We want to express our appreciation for the contribution that Rick Piper made to the closing of our recent purchase of Deluxe Ice Cream Company, a family-owned ice cream manufacturing company in Salem, Oregon.
The transaction was structured as an asset purchase, and so required various consents and transfers of permits and contract rights. Rick was creative and tireless in obtaining these items in a timely manner.
The various family shareholders of the company did not always agree. Rick did a marvelous job in helping the family work together, resolve issues and respond to the needs of the transaction in a timely manner.
The capital structure of the purchase was complicated. Rick did a good job educating the sellers about the issues that were unique to our structure and helping them understand and accept some difficult to understand components of our structure.
In sum, Rick's effectiveness was critical to making our transaction happen. When you work hard to make a transaction occur, you need the help of people who are practical and persistent and who thereby make things happen. Rick is such a person. We recommend him highly.
Very truly yours,
OUTLOOK FOODS CORPORATION