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March 08, 2007

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Rick Durand

Interesting Case.

Glen Kotowski

October 20, 2008

Please find attached a letter of apology from Fred Hadley concerning the many false emails he sent discrediting Glen Kotowski and Kris Debysingh over the past several years to the members of our community in an attempt to have them lose faith in us as employees who serve North Shore Towers. This letter is part of a settlement in our lawsuits against him. Other parts of the settlement include:

-Distribution of this letter to local newspapers and North Shore Towers Shareholders.
-Payments from Hadley to both Kris and I for amounts which he has requested us to keep confidential.
-Hadley vacating his apartment at North Shore Towers by October 7, 2008.
-Agreement of no future emails, writings etc. including aiding others to do the same.
-Agreement of no future emails, writings, etc. to include Board Members, North Shore Towers Apartments Incorporated, the management company, employees, Glen Kotowski, Kris Debysingh or any third parties with an interest in North Shore Towers.
-All of the above is part of a permanent restraining order signed by a judge in the New York State Supreme Court.

Kris and I hope this closes what has been a difficult time during our careers at North Shore Towers which has caused us, our families and our community great untold stress and disharmony.

I would like to especially thank Errol Brett for his acute understanding of the negative effects that this situation was causing to the well being of North Shore Towers and for taking this situation head on for the betterment of North Shore Towers. Many current and former Board Members were also the subject of many of these false and many times derogatory emails. It is our hope that now that this issue is resolved, residents who may have been reluctant to serve on the Board of Directors out of fear of being the subject of these false and derogatory emails will now be able to serve without concern.

Kris and I thought that it was important that we share this information with you. Now that this issue is behind us, We look forward to focusing our new found time to serving the Board of Directors and residents of North Shore Towers to the best of our abilities.

Sincerely,

Glen Kotowski

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