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Letter Agreement

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Title:

Letter Agreement

Entities:

AM Communications, Inc.; FTI Consulting, Inc.; AM Communications Inc.

Date:

2003

Size:

Preview shows 2KB of 20KB total

Price:

$34

ID:

#160757

► Fee Agreements ► Engagements ► Misc. Engagement Agreements
► Services ► Business Services
► Technology ► Communications Equipment

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March 21, 2003



Privileged and Confidential



Mr. Howard Bashford

Chief Financial Officer

AM Communications, Inc.

1900 AM Drive

Quakertown, PA 18951



Dear Mr. Bashford,





1. Introduction



   This letter confirms that we, FTI Consulting, Inc. ("FTI"), have been

   retained by you, AM Communications, Inc. (the "Company"), to provide certain

   financial advisory and consulting services (the "Services") set out below.

   This letter of engagement (the "Engagement") and the related Standard Terms

   and Conditions constitute the engagement contract (the "Engagement Contract")

   pursuant to which the Services will be provided.



2. Scope of Services



   The Services, to be performed at your direction, may include, but are not

   limited to the following:



         o  Assist the Company in the development of a rolling thirteen week

            cash receipt and disbursements forecast;

         o  Analyze the weekly variances of actual to forecasted cash receipts

            and disbursements;

         o  Assist in the development of semi-monthly flash reports, identifying

            the Company's critical business drivers;

         o  Analyze the Company's accounts receivable turnover, identifying

            areas for improvement in their billing and collection policies;

         o  Analyze the Company's long term financial forecast, the underlying

            assumptions thereto and management's associated financial model;

         o  Provide other general business and financial analysis, which may be

            required.



   The Services may be performed by FTI or by any subsidiary of FTI, as FTI

   shall determine. FTI may also provide Services through agents or independent

   contractors. References herein to FTI and its employees shall be deemed to

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