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LETTERHEAD OF SEALY, INC.
Sealy Drive
One Office Parkway
Trinity, NC 27370
January 1, 2000
Mr. Stephen A. Walker
Chief Executive Officer
Mattress Discounters
9822 Fallard Ct.
Upper Marlboro, MD 10772
Dear Steve:
This letter is to confirm our mutual understanding effective August 6,
1999 that our letter agreement, dated March 17, 1997, as amended to date (the
"Mattress Discounters Agreement"), has been extended for two additional one-year
periods: Year 6, consisting of July 1, 2002 through June 30, 2003; and Year 7,
consisting of July 1, 2003 through June 30, 2004. These two periods shall be
added to Section 1 of the Mattress Discounters Agreement.
Sincerely,
SEALY, INC.
By: /s/ Ron L. Jones
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Name: Ron L. Jones
Title: Chairman and Chief Executive
Officer
Agreed and Accepted:
MATTRESS DISCOUNTERS CORPORATION
By: /s/ James B. Hirshorn
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Name: James B. Hirshorn
Title: Chief Financial Officer
