<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 14)
Under the Securities Exchange Act of 1934
Forum Group, Inc.
-----------------
(Name of Issuer)
Common Stock, Without Par Value
-------------------------------
(Title of Class of Securities)
349841304
--------------
(CUSIP Number)
Forum Holdings, L.P.
4200 Texas Commerce Tower West
2200 Ross Ave.
Dallas, Texas 75201
Attention: Robert A. Whitman
(214) 220-4900
--------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
With a copy to:
Robert A. Profusek, Esq.
Jones, Day, Reavis & Pogue
599 Lexington Avenue
New York, New York
(212) 326-3939
March 25, 1996
-----------------------------------------
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with this statement [ ].
Page 1 of 17
Index to Exhibits on Page 13
<PAGE>
SCHEDULE 13D
================================================================================
CUSIP NO. 349841304 PAGE 2 OF 17 PAGES
------------ ---- ----
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Forum Holdings, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP a [_]
b [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or (e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
----------------------------------------------------------------------
NUMBERS OF
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH
REPORTING --------------------------------------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [12]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
================================================================================
CUSIP NO. 349841304 PAGE 3 OF 17 PAGES
------------ ---- ----
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HRP Management II, Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP a [_]
b [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or (e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
----------------------------------------------------------------------
NUMBERS OF
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH
REPORTING --------------------------------------------------------------------
PERSON WITH
9 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
================================================================================
CUSIP NO. 349841304 PAGE 4 OF 17 PAGES
------------ ---- ----
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HH Genpar Partners
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP a [_]
b [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or (e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBERS OF --------------------------------------------------------------------
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------------------
REPORTING
PERSON WITH 9 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
================================================================================
CUSIP NO. 349841304 PAGE 5 OF 17 PAGES
------------ ---- ----
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hampstead Associates, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP a [_]
b [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or (e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBERS OF --------------------------------------------------------------------
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------------------
REPORTING
PERSON WITH 9 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
================================================================================
CUSIP NO. 349841304 PAGE 6 OF 17 PAGES
------------ ---- ----
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RAW Genpar, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP a [_]
b [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or (e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBERS OF --------------------------------------------------------------------
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------------------
REPORTING
PERSON WITH 9 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
================================================================================
CUSIP NO. 349841304 PAGE 7 OF 17 PAGES
------------ ---- ----
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
InCap, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP a [_]
b [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or (e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBERS OF --------------------------------------------------------------------
SHARES
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------------------
REPORTING
PERSON WITH 9 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
This Amendment No. 14 amends and supplements the Statement on Schedule 13D
filed on February 11, 1993 (as heretofore amended and supplemented, the
"Schedule 13D"), by Forum Holdings, L.P., a Texas limited partnership, and
Investors Genpar, Inc., a Delaware corporation. Capitalized terms used herein
which are not otherwise defined herein are so used with the respective meanings
ascribed to them in the Schedule 13D.
Item 4. Purpose of Transaction.
----------------------
Item 4 is hereby amended by adding the following paragraphs following the
last paragraph thereof:
On February 15, 1996, the Company entered into an Agreement and Plan
of Merger (the "Merger Agreement") with Marriott International, Inc., a
Delaware corporation ("Parent"), and FG Acquisition Corp., an Indiana
Corporation ("Purchaser"). In connection with the execution and delivery
of the Merger Agreement, Forum Holdings entered into an Agreement and
Irrevocable Proxy, dated as of February 15, 1996 (as amended, the
"Holdings/Marriott Agreement"), with Parent, Purchaser and the Company and
an amendment thereto dated as of March 21, 1996 (the "Holdings/Marriott
Amendment"). Pursuant to the Merger Agreement, on February 23, 1996 the
Purchaser commenced a tender offer ("Offer") to purchase all of the
outstanding shares of Common Stock at a purchase price of $13.00 per share,
net to the seller in cash without interest thereon.
Pursuant to the Offer and the Holdings/Marriott Agreement, (i) Forum
Holdings sold to Purchaser (a) all of the 9,075,251 outstanding shares of
Common Stock previously beneficially owned by Forum Holdings (b) all of the
Warrants and Special Warrants previously beneficially owned by Forum
Holdings and (ii) and the Investor Warrants were cancelled.
The foregoing response to this Item 4 is qualified in its entirety by
reference to the Merger Agreement, the Holdings/Marriott Agreement and the
Holdings/Marriott Amendment, the full texts of which are filed as Exhibits
18, 19 and 20, respectively, hereto and incorporated herein by this
reference.
Item 5. Interest in Securities of the Issuer.
------------------------------------
Item 5 is hereby amended and restated in its entirety as follows:
The responses to Items 3, 4 and 6 are incorporated herein by this
reference.
As a result of the purchase of shares of Common Stock pursuant to the
Offer and the consummation of the other transactions contemplated by the
Holdings/Marriott
-8-
<PAGE>
Agreement, as of March 25, 1996 Forum Holdings ceased to beneficially own
any shares of Common Stock.
Item 6. Contracts, Arrangements, Understandings or Relationships
--------------------------------------------------------
With Respect to Securities of the Issuer.
----------------------------------------
The responses to Items 4 and 5 are incorporated herein by this
reference.
Item 7. Material to be Filed as Exhibits.
--------------------------------
Exhibit 18 - Merger Agreement (incorporated by reference to Exhibit
1 to the Solicitation/Recommendation Statement on
Schedule 14D-9 filed on behalf of the Company with the
Securities and Exchange Commission on February 23,
1996)
Exhibit 19 - Holdings/Marriott Agreement (incorporated by reference
to Exhibit 10 to the Solicitation/Recommendation
Statement on Schedule 14D-9 filed on behalf of the
Company with the Securities and Exchange Commission on
February 23, 1996)
Exhibit 20 - Holdings/Marriott Amendment
-9-
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct and agrees that this statement may be filed collectively
with HRP Management II, Ltd., HH Genpar Partners, Hampstead Associates, Inc.,
RAW Genpar, Inc. and InCap, Inc.
Dated: April 1, 1996.
FORUM HOLDINGS, L.P.
By: /s/ Troy B. Lewis
-----------------------
Troy B. Lewis,
Attorney-in-Fact/*/
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct and agrees that this statement may be filed
collectively with Forum Holdings, L.P., HH Genpar Partners, Hampstead
Associates, Inc., RAW Genpar, Inc. and InCap, Inc.
Dated: April 1, 1996.
HRP MANAGEMENT II, LTD.
By: /s/ Troy B. Lewis
----------------------
Troy B. Lewis,
Attorney-in-Fact/**/
- --------------------
/*/ Pursuant to a Power of Attorney executed on behalf of Forum Holdings, L.P.
and filed previously as Exhibit 12 hereto.
/**/ Pursuant to a Power of Attorney executed on behalf of HRP Management II,
Ltd. and filed previously as Exhibit 12 hereto.
-10-
<PAGE>
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct and agrees that this statement may be filed
collectively with Forum Holdings, L.P., HRP Management II, Ltd., Hampstead
Associates, Inc., RAW Genpar, Inc. and InCap, Inc.
Dated: April 1, 1996.
HH GENPAR PARTNERS
By: /s/ Troy B. Lewis
-----------------
Troy B. Lewis,
Attorney-in-Fact/*/
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct and agrees that this statement may be filed
collectively with Forum Holdings, L.P., HRP Management II, Ltd., HH Genpar
Partners, RAW Genpar, Inc. and InCap, Inc.
Dated: April 1, 1996.
HAMPSTEAD ASSOCIATES, INC.
By: /s/ Troy B. Lewis
-----------------
Troy B. Lewis,
Attorney-in-Fact/**/
- --------------------
/*/ Pursuant to a Power of Attorney executed on behalf of HH Genpar Partners
and filed previously as Exhibit 12 hereto.
/**/ Pursuant to a Power of Attorney executed on behalf of Hampstead
Associates, Inc. and filed previously as Exhibit 12 hereto.
-11-
<PAGE>
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct and agrees that this statement may be filed
collectively with Forum Holdings, L.P., HRP Management II, Ltd., HH Genpar
Partners, Hampstead Associates, Inc. and InCap, Inc.
Dated: April 1, 1996.
RAW GENPAR, INC.
By: /s/ Troy B. Lewis
-----------------
Troy B. Lewis,
Attorney-in-Fact/*/
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct and agrees that this statement may be filed
collectively with Forum Holdings, L.P., HRP Management II, Ltd., HH Genpar
Partners, Hampstead Associates, Inc. and RAW Genpar, Inc.
Dated: April 1, 1996.
INCAP, INC.
By: /s/ Troy B. Lewis
------------------
Troy B. Lewis,
Attorney-in-Fact/**/
- --------------------
/*/ Pursuant to a Power of Attorney executed on behalf of RAW Genpar, Inc.
and filed previously as Exhibit 12 hereto.
/**/ Pursuant to a Power of Attorney executed on behalf of InCap, Inc.
and filed previously as Exhibit 12 hereto.
-12-
<PAGE>
INDEX TO EXHIBITS
-----------------
<TABLE>
<CAPTION>
Exhibit Description
- --------- --------------------------------
<S> <C>
18 Merger Agreement (incorporated
by reference to Exhibit 1 to
the Solicitation/Recommendation
Statement on Schedule 14D-9
filed on behalf of the Company
with the Securities and
Exchange Commission on February
23, 1996)
19 Holdings/Marriott Agreement
(incorporated by reference to
Exhibit 10 to the
Solicitation/Recommendation
Statement on Schedule 14D-9
filed on behalf of the Company
with the Securities and
Exchange Commission on February
23, 1996)
20 Holdings/Marriott Amendment
</TABLE>
-13-
<PAGE>
EXHIBIT 20
FIRST AMENDMENT TO
AGREEMENT AND IRREVOCABLE PROXY
THIS FIRST AMENDMENT TO AGREEMENT AND IRREVOCABLE PROXY (this
"AMENDMENT") dated as of March 21, 1996 by and among MARRIOTT INTERNATIONAL,
INC., a Delaware corporation ("PARENT"), FG ACQUISITION CORP., an Indiana
corporation and a subsidiary of Parent ("PURCHASER"), FORUM HOLDINGS, L.P., a
Texas limited partnership ("SHAREHOLDER"), and FORUM GROUP, INC., an Indiana
corporation (the "COMPANY"), amends the Agreement and Irrevocable Proxy dated as
of February 15, 1996 (the "ORIGINAL AGREEMENT"; the Original Agreement, as
amended by this Amendment, the "AGREEMENT") by and among Parent, Purchaser,
Shareholder and the Company.
W I T N E S S E T H:
-------------------
WHEREAS, pursuant to the Original Agreement, Shareholder agreed to
exercise the Citicorp Warrants (as defined in the Original Agreement) it holds
and to tender the Citicorp Warrant Shares (as defined in the Original Agreement)
acquired upon such exercise into the Offer (as defined in the Original
Agreement); and
WHEREAS, Shareholder now wishes to sell the Citicorp Warrants to
Purchaser and Purchaser is willing to buy the Citicorp Warrants for an aggregate
purchase price of $3,455,553.26 (the "CITICORP WARRANT PURCHASE PRICE"), which
is equal to the difference between the aggregate price that would have been paid
for the Citicorp Warrant Shares pursuant to the Offer and the aggregate exercise
price of such Citicorp Warrants.
NOW, THEREFORE, in consideration of the foregoing and the mutual
premises, covenants and agreements contained herein, the parties hereto,
intending to be legally bound hereby, agree as follows:
1. Capitalized terms used and not defined herein have the respective
meanings ascribed to them in the Original Agreement.
2. Section 2(b) of the Original Agreement is hereby deleted in its
entirety and replaced with the following paragraphs:
"(b) (i) Prior to the expiration of the Offer, Shareholder shall
deliver the Citicorp Warrants to Purchaser pending the acquisition of such
Citicorp Warrants by Purchaser for the Citicorp Warrant Purchase Price, as
set forth in clause (ii) of this Section 2(b).
"(ii) Promptly after First Chicago Trust Company of New York, as
Depositary for the Offer, has issued payment in exchange for all of the
Company
<PAGE>
Common Stock tendered in the Offer, Purchaser shall acquire the Citicorp
Warrants by paying the Citicorp Warrant Purchase Price to Shareholder by
wire transfer, provided that instructions for such wire transfer shall have
--------
been delivered by Shareholder to Purchaser."
3. Section 2(c) of the Original Agreement is hereby deleted in its
entirety and replaced with the following paragraph:
"(c) Prior to the expiration of the Offer, Shareholder shall deliver
the Investor Warrants to Purchaser to be held in escrow pending the consummation
of the Offer. The Company and Shareholder agree that, notwithstanding any
provision of the Investor Warrants or the Acquisition Agreement to the contrary,
upon expiration of the Offer and without any further action whatsoever, the
Investor Warrants held by Shareholder shall be deemed cancelled and
extinguished, for no additional consideration whatsoever. The Company shall mark
the Investor Warrants cancelled upon receipt thereof. Prior to the expiration of
the Offer, Shareholder will neither transfer nor exercise any Investor Warrants
for any reason whatsoever."
4. The following paragraph shall be added as Section 2(e) of the
Agreement:
"(e) Upon payment of the Citicorp Warrant Purchase Price pursuant to
Section 2(b)(ii), the Company shall cause the transfer of the Citicorp Warrants
from Shareholder to Purchaser to be recorded on the record books of the
Company."
5. Miscellaneous.
-------------
(a) The Agreement, as amended hereby, constitutes the entire agreement
among the parties with respect to the subject matter hereof and supersedes all
other prior agreements and understandings, both written and oral, among the
parties with respect to the subject matter hereof.
(b) All costs and expenses incurred in connection with this Amendment
and the transactions contemplated hereby shall be paid by the party incurring
such expenses, and each of Parent and Purchaser, on the one hand, and
Shareholder, on the other hand, shall indemnify and hold the other harmless from
and against any and all claims, liabilities or obligations with respect to any
brokerage fees, commissions or finders' fees asserted by any person on the basis
of any act or statement alleged to have been made by such party or its
Affiliates.
(c) This Amendment shall be governed and construed in accordance with
the Laws of the State of Delaware (regardless of the Laws that might otherwise
govern under applicable principles of conflict of laws) as to all matters,
including matters of validity, construction, effect, performance and remedies.
2
<PAGE>
(d) The descriptive headings used herein are inserted for convenience
of reference only and are not intended to be part of or to affect the meaning or
interpretation of this Amendment.
(e) This Amendment may be executed in counterparts, each of which
shall be deemed to be an original, but all of which, taken together, shall
constitute one and the same instrument.
3
<PAGE>
IN WITNESS WHEREOF, Parent, Purchaser, Shareholder and the Company
have caused this Amendment to be duly executed as of the day and year first
above written.
MARRIOTT INTERNATIONAL, INC.
By: /s/ Joseph Ryan
----------------------------------
Name: Joseph Ryan
Title: Executive Vice President
FG ACQUISITION CORP.
By: /s/ Edward L. Bednarz
---------------------------------
Name: Edward L. Bednarz
Title: Vice President
FORUM HOLDINGS, L.P.
By: HRP Management, Ltd.,
Its General Partner
By: HH Genpar Partners,
Its General Partner
By: Hampstead Associates, Inc.,
Its Managing General Partner
By: /s/ Richard M. FitzPatrick
--------------------------
Name: Richard M. FitzPatrick
Title: Vice President
FORUM GROUP, INC.
By: /s/ Mark Pacala
----------------------------------
Name: Mark Pacala
Title: Chairman and Chief Executive Officer
S-1
