Acknowledgment Letter Regarding Payment Rights under Merger Agreement between Dresser-Rand and Siemens AG
This letter confirms that Dresser-Rand cannot receive more payments or rights than those specified in the Merger Agreement with Siemens AG. It clarifies that Dresser-Rand's entitlements are limited to what Siemens Parent would receive if it were the only party to the agreement. The letter is signed by representatives of both companies, indicating mutual acknowledgment and agreement to these terms.
Exhibit 2.2
Dresser-Rand shall in no case have the right to receive payments in excess of any payment due and payable or that would become due and payable under the Merger Agreement. In any event, Dresser-Rand shall not have more rights than if Siemens Parent were the sole party of the Merger Agreement.
| Sincerely,
/s/ Karl-Heinz Seibert Karl-Heinz Seibert
Corporate Vice President Head of Mergers & Acquisitions |
/s/ Dr. Andreas Hoffmann Dr. Andreas Hoffmann
General Counsel of Siemens AG |
| Acknowledged and agreed:
/s/ Mark F. Mai |
|
Siemens Aktiengesellschaft: Vorsitzender des Aufsichtsrats: Gerhard Cromme; Vorstand: Joe Kaeser, Vorsitzender: Roland Busch, Lisa Davis, Klaus Helmrich, Hermann Requardt, Siegfried Russwurm, Ralf P. Thomas; Sitz der Gesellschaft: Berlin und München, Deutschland; Registergericht: Berlin Charlottenburg, HRB 12300, München, HRB 6684; WEEE-Reg.-Nr. DE 23691322
