Attached files
| file | filename |
|---|---|
| 8-K - TODD SHIPYARDS CORP | v206373_8k.htm |
| EX-2.1 - TODD SHIPYARDS CORP | v206373_ex2-1.htm |
| EX-10.4 - TODD SHIPYARDS CORP | v206373_ex10-4.htm |
| EX-10.6 - TODD SHIPYARDS CORP | v206373_ex10-6.htm |
| EX-99.2 - TODD SHIPYARDS CORP | v206373_ex99-2.htm |
| EX-99.3 - TODD SHIPYARDS CORP | v206373_ex99-3.htm |
| EX-10.5 - TODD SHIPYARDS CORP | v206373_ex10-5.htm |
| EX-99.1 - TODD SHIPYARDS CORP | v206373_ex99-1.htm |
| EX-99.5 - TODD SHIPYARDS CORP | v206373_ex99-5.htm |
Exhibit
99.4
(Form of
Draft Vendor Letter)
(Name
Title
Address)
Dear
Vendors:
Today is
a big day for Todd Shipyards Corporation, and I am happy to share the news with
you.
Vigor
Industrial, LLC has made a proposal to acquire all of the shares of Todd
Shipyards Corporation. Todd’s Board of Directors has reviewed the Vigor proposal
and is recommending to shareholders that they accept this offer.
If
sufficient numbers of shares are tendered, then the thousands of shareholders
who currently own Todd Shipyards Corporation will transfer their ownership to
Vigor, which is a private company and will be the new owner of
Todd. This ownership will include all of Todd’s subsidiaries,
including Todd Pacific Shipyards Corporation and Everett Shipyard,
Inc.
This sale
will bring together the premier shipbuilding and ship repair companies in
Washington and Oregon to create the largest and most capable marine services
provider in the Pacific Northwest.
All
existing contracts and obligations will remain in place, as will our current
leadership.
Our
stronger and more diversified business will produce long-term advantages for our
customers and opportunities for our vendors. With our existing
facilities in Washington, Vigor adds significant shipyard and industrial
operations in the Portland area, a ship repair facility in Port Angeles and
Tacoma as well as operations in Bremerton and Everett.
Uniting
these resources with the capabilities of these two companies will enable us to
expand the scope and capacity of our ship repair and new construction
operations, and our combined experience will provide a level of capability,
quality, efficiency and adaptable skills that will be second to
none.
We know
you have been a significant contributor to our success and look forward to
working with you in the future.
Please
contact (_____) if you have any questions.
Sincerely,