Johnson, Pope, Bokor, Ruppel & Burns, LLP
Marty Rathbun July 13, 2009
Re: McPherson Confidential Settlement Agreement
I acknowledge receipt of your letter of June 29, 2009, in which you ask me to explain why you are bound by the confidential settlement agreement. The reason is that at all times during the McPherson litigation, you were acting on behalf of both RTC and Flag. RTC and FSO were parties to the litigation and the agreement binds the parties and their representatives.
Very truly yours,
F. Wallace Pope, Jr.