April  15,  2013    THRU:      Mr.  James  D.  Lowe,  1967  JC  

Executive  Director  New  Mexico  Military  Institute  Alumni  Association    101  West  College  Blvd  Roswell,  NM    88201  

 TO:                Lieutenant  Colonel  A.D.  Brownfield  III,  AUS  (Ret),  1966  JC  

President,  Board  of  Directors  New  Mexico  Military  Institute  Alumni  Association    101  West  College  Blvd  Roswell,  NM    88201  

 Dear  Lieutenant  Colonel  Brownfield:    New   Mexico   Military   Institute   (“NMMI”)   and   the   NMMI   Alumni   Association   (“Association”)  acknowledge   that   the  Memorandum   of   Agreement   (“MOA”)   between   the   two   above   named  entities   (and   the   NMMI   Foundation)   originally   signed   and   dated   March   30,   2012   was    terminated  on  April  22,  2013  by  NMMI.    Under  Section  4.5  of  the  MOA,  upon  the  MOA’s  termination,  the  Association  no  longer  was  to  be  provided  the  working  space  and  services  as  stated  in  Section  3.1(a),  to  be  permitted  to  use  the   name   “New   Mexico   Military   Institute”   or   any   of   the   Institute’s   intellectual   property   as  provided  in  Section  3.1(c),  or  to  have  access  to  the  Database.      In  exchange  for  the  Association  diligently  pursuing  all  efforts    timely  (a)    to    complete  the  audit  and  tax  reporting  requirements  for  the  2011-­‐12  fiscal  year,  (b)  to  complete  the  accounting  work  for   the   2012-­‐13   fiscal   year,     (c)   to   identify   and   begin   implementation   of   the   necessary  procedures  to  transfer  all  alumni  affairs  to  the  newly  created  Alumni  Relations  Office  of  NMMI,  (d)  to  develop  and  commence  the  implementation  of  a  plan  to  transfer  all  funds  to  the  NMMI  or  the  Foundation,  as  appropriate,  depending  on  the  character  of  the  funds,  and  (e)  to  initiate  and  promptly   adopt   a   board   resolution   necessary   for   the   dissolution   of   the   Association   and,  thereafter,   to   initiate   the   process   to   hold   an   election   of   the   membership   to   vote   on   the  dissolution   of   the   Association,       NMMI   agrees   to   delay   enforcement   of   the   termination  provisions  of  Section  4.5  and  to  permit  the  Association  to  continue  the  use  of   its  office  space,  files,  and  personnel       for  a  period  of  time  reasonably  necessary  to  effect   its  obligations  herein  set   forth   (“forbearance   period”).   During   the   forbearance   period,   NMMI   and   the   Association  agree,   in   good   faith,   to   form   a  working   group   of   nine   persons,   comprised   as   follows:   (1)   the  President   of   the   NMMI   Board   of   Regents,   (2)   the   Vice   President   of   the   NMMI   Alumni  Association,   (3)   the   Treasurer/Secretary   of   the   NMMI   Alumni   Association,(4)   the   Executive  Secretary  of  the  Alumni  Association,  (5)  the  Chairman  of  the  Board  of  the  NMMI  Foundation,  (6)  the     President  of   the  NMMI  Foundation,   (7)   the  NMMI  Foundation  Development  Director,   (8)  

NEW MEXICO MILITARY INSTITUTE Office of the President/Superintendent

101 West College Boulevard Roswell, New Mexico 88201-5173

the  Superintendent  of  NMMI,  and  (9)  the  Chief  of  Staff  of  NMMI.    The  working  group  shall  have  the  mission  to  develop,  more  specifically,  the  plan  and  process  for  the  orderly  transfer  of  alumni  affairs  to  NMMI,  the  transfer  of  funds,  to  formulate  and  transmit  to  all  Alumni  an  explanation  of  the  details  of  the  transition  plan  utilizing  the  substance  of  the  draft  transition  plan  submitted  to  the  Association’s  Board  through  counsel,  and  the  dissolution  of  the  Association.      However,   NMMI   reserves   the   right   to   proceed   to   enforce   the   terms   of   termination   if   it   is  determined  by  NMMI  that  progress  or  sufficient  progress   is  not  occurring  and  upon  giving  the  Association  30  days  written  notice,  transmitted  electronically  to  counsel  for  the  Association  and  to   the   President   of   Association.       Progress,   as   that   term   is   used   in   this   forbearance   letter,  contemplates   the   immediate   initiation  by  Association  board  of  a  good   faith  effort   to  conclude  the  satisfaction  of  all  terms  of  this  forbearance  letter  by  June  30,  2013.    NMMI  agrees  to  provide  such   logistical   and  personnel   assistance   to   the  Association  as   the  Association   shall   reasonably  request   in   order   to   facilitate   the   timely   achievement   by   the   Association   of   the   terms   of   the  termination  and  this  forbearance  letter.            Should   you   have   questions,   please   direct   them   first   to  me   personally,   and   in  my   absence   to  David  West,  NMMI  Chief  of  Staff.