EXHIBIT 4
TERMINATION OF STOCKHOLDER AGREEMENT
WHEREAS, the undersigned (or their predecessors in interest) were parties
to a Stockholder Agreement (the "Stockholder Agreement") dated as of May 12,
1997 relating to the voting of shares owned in Royal Precision, Inc.
NOW THEREFORE, by agreement of the parties, the Stockholder Agreement is
hereby terminated effective the date hereof and is of no further force and
effect
IN WITNESS WHEREOF, the parties have hereunto signed this Termination of
Stockholder Agreement as of July 3, 2000.
BERENSON, MINELLA & CO. 1993 BERENSON, MINELLA & CO. 1996
PROFIT SHARING PLAN PROFIT SHARING PLAN
By: /s/ Gregg Feinstein By: /s/ Gregg Feinstein
-------------------------------- -------------------------------------
Gregg Feinstein, Authorized Signer Gregg Feinstein, Authorized Signer
BERENSON, MINELLA & CO., LLC.
By: /s/ Gregg Feinstein /s/ Raymond J. Minella
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Gregg Feinstein, Authorized Signer Raymond J. Minella
DMB PROPERTY VENTURES LIMITED DMB GP, INC.
PARTNERSHIP
By: DMB GP, Inc.
By: /s/ Timothy A. Kaehr By: /s/ Timothy A. Kaehr
-------------------------------- -------------------------------------
Name: Timothy A. Kaehr Name: Timothy A. Kaehr
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Title: Executive Vice President Title: Executive Vice President
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/s/ Jeffrey L. Berenson /s/ Richard P. Johnston
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Jeffrey L. Berenson Richard P. Johnston
Dated: July 18, 2000 Dated: June 30, 2000
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<PAGE>
/s/ Jayne A. Johnston /s/ Danny Edwards
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Jayne Johnston Danny Edwards
Dated: June 30, 2000 Dated: July 8, 2000
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/s/ Kenneth J. Warren /s/ David E. Johnston
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Kenneth J. Warren David E. Johnston
Dated: June 29, 2000 Dated: June 29, 2000
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/s/ Bennett Dorrance /s/ Drew Brown
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Bennett Dorrance Drew M. Brown
Dated: July 10, 2000 Dated: July 10, 2000
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/s/ Mark N. Sklar /s/ Bennett Dorrance
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Mark N. Sklar Bennett Dorrance, Trustee of the
Bennett Dorrance Trust
Dated: July 11, 2000 Dated: July 10, 2000
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/s/ Richard P. Johnston /s/ Jayne A. Johnston
----------------------------------- ----------------------------------------
Richard P. Johnston, trustee of Jayne Johnston, trustee of Johnston
Johnston Family Charitable Remainder Family Charitable Remainder Trust #3
Trust #3
Dated: June 30, 2000 Dated: June 30, 2000
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