WBO JR. HEAVYWEIGHT CHAMPIONSHIP TITLE TERMS TO NEGOTIATE

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April 18, 2016

Krzysztof Glowacki c/o Leon Margules

Oleksandr Usyk c/o Alexander Krassyuk

Re: WBO Jr. Heavyweight Championship Bout Krzysztof Glowacki vs. Oleksandr Usyk

Gentlemen:

Please be advised the parties have 30 days to negotiate an agreement for the WBO Jr. Heavyweight Championship bout between Krzysztof Glowacki and Oleksandr Usyk. If an accord is not reached within the time frame, a Purse Bid will be ordered.

The minimum acceptable bid for the Jr. Heavyweight division is $300,000.00 (Three Hundred Thousand Dollars).

Any one of the parties involved may call for a Purse Bid at any time during the negotiation process.

Yours truly,

Signed by:  Luis Batista Salas, Esq., Chairman WBO Championship Committee

cc  Francisco Valcarcel, Esq.