Letter Amendment to Letter Agreement between EarlyBirdCapital, Inc. and Arpeggio Acquisition Corporation et al.

Summary

This amendment, dated May 25, 2004, is between EarlyBirdCapital, Inc. and Arpeggio Acquisition Corporation, along with several individuals. EarlyBirdCapital waives its rights under certain sections of previous letter agreements that restricted the individuals' involvement with future "Acquisition Funds." All other terms of the original agreements remain unchanged.

EX-10.14 9 file009.txt LETTER AMENDMENT TO LETTER AGREEMENT EarlyBirdCapital, Inc. 600 Third Avenue 33rd Floor New York, New York 10016 May 25, 2004 Arpeggio Acquisition Corporation 10 East 53rd Street 36th Floor New York, New York 10022 Eric S. Rosenfeld The Rosenfeld 1991 Children's Trust Leonard B. Schlemm Colin D. Watson James G. Dinan Jon Bauer Arnaud Ajdler Gentlemen: Reference is made to each of your respective letter agreements with EarlyBirdCapital, Inc. and Arpeggio Acquisition Corporation, dated April 14, 2004. The undersigned hereby waives its rights under Section 7 or Section 8 (as the case may be) of each of your letter agreements relating to your restrictions on being involved with future "Acquisition Funds." Except as indicated above, each of the letter agreements shall remain in full force and effect. EARLYBIRDCAPITAL, INC. By: /s/ Steven Levine ------------------------ Name: Steven Levine Title: Managing Director