1
EXHIBIT 10.19
[LOGO] MICHELIN
NORTH AMERICA
MICHELIN NORTH AMERICA, Inc.
One Parkway South
Post Office Box 19001
Greenville, SC 29602-9001
November 24, 1998
THE J H HEAFNER CO INC-MAIN
814 EAST MAIN STREET
LINCOLNTON, NC 28092
Dear Sir:
We are pleased to propose to you that your 1998 Michelin North America, Inc.
("MNA") Authorized Dealer Agreement, including any security provisions related
thereto, be extended through December 31, 1999. All terms and conditions will
remain the same as in the 1998 MNA Dealer Agreement, and will carry forward
through 1999, with the following exceptions:
As stated in Section II of the 1998 MNA Dealer Agreement, the Authorized Dealer
is not permitted to sell directly or indirectly, Michelin brand products to
dealers owned by MNA's Competition. Failure to follow this restriction may
result in cancellation of this dealership agreement. In addition, without
limiting MNA's rights to terminate the Dealer Agreement, tires that are found to
have been sold to the competition will be credited back at the purchase price,
and rebilled at the Earthmover Price List Base pricing, without any discounts or
other incentives.
Please acknowledge your understanding and agreement to the above extension as
modified herein by signing below and returning this letter to me by December 31,
1998.
Thank you for your continued support of MNA brand products. We look forward to
working together toward our pursuit of a successful 1999.
Authorized Categories: Industrial X Small Earthmover X
--- ---
Very truly yours,
Jake Jordal
Director of Sales
MICHELIN EARTHMOVER TIRES NORTH AMERICA
* Must also be authorized on a ship to basis in accordance with the annual sales
program.
AGREED:
By:(signature): /s/ Daniel K. Brown
--------------------------
Name (print): Daniel K. Brown
--------------------------
Title: Sr. V.P. MKT & Sales
--------------------------
Date: Dec 3, 1998
--------------------------
2
Home office/Bill-To #: 1000234
3
November 25, 1998
Heafner/ITCO Tires and Products
814 East Main Street
P. O. Box 837
Lincolnton, NC 28092
Dear Dealer:
We are pleased to propose to you that your 1998 Michelin North America, Inc.
("MNA') Authorized Dealer Agreement, including any security provisions related
thereto, be extended through December 31, 1999. All terms and conditions will
remain the same as in the 1998 MNA Dealer Agreement, and will carry forward
through 1999.
Please acknowledge your understanding and agreement to the above extension by
signing below and returning this letter to me by December 30, 1998.
Thank you for your continued support of MNA brand products. We look forward to
working together toward our pursuit of a successful 1999.
Very truly yours,
AGREED:
/s/Daniel K. Brown
- ---------------------------
Name (please print name)
Sr. V.P. Sales & Marketing
- ---------------------------
Title
Nov. 27, 1998
- ---------------------------
Date
Bill-To #: 1002722
---------------