BERKSHIRE HATHAWAY INC. 1440 Kiewit Plaza Omana, Ned. 68131
August 30, 1983
Mre. Rose Blumkin and Family Omaha, Nebraska
1. You own 100% of the outstanding stock of Nebraska Furniture Mart, Inc. (“NFM”) which operates a remarkably successful furniture and appliance retailing business from a single large warehousing and selling location (approximately 43 acres including surrounding land held for expansion) in west Omaha.
你持有 Nebraska Furniture Mart, Inc.（“NFM”）已发行在外股票的 100%，该公司在奥马哈西部以单一的大型仓储与销售地点（约 43 英亩，含为扩张而持有的周边土地）经营一家极其成功的家具与家电零售业务。
2. Berkshire Hathaway Inc. (“Berkshire”) has long admired what you have accomplished together and hereby proposes to purchase from you 90% of such outstanding stock for $5,338,000 cash. All of the 10% of outstanding stock not sold to Berkshire will be retained by Mr. Louis Blumkin and his sons, and Berkshire, concurrently with its purchase of NFM stock, will make arrangements with Louis Blumkin and his sons as specified in Exhibit A, attached hereto.
Berkshire Hathaway Inc.（“Berkshire”）长期钦佩你们共同取得的成就，现提议以 5,338,000 美元现金向你购买上述已发行在外股份的 90%。未出售给 Berkshire 的其余 10% 将由 Mr. Louis Blumkin 及其子嗣持有，并且 Berkshire 在购买 NFM 股票的同时，将按本函所附 Exhibit A 的规定，与 Louis Blumkin 及其子嗣作出相应安排。
3. The closing will occur immediately after satisfaction of the legal requirements of the Hart-Scott-Rodino amendments to U. S. Anti-Trust Law which Berkshire, with your cooperation, will accomplish as rapidly as possible. This will no doubt be a mere formality, about 100% sure to occur within 50 days after you accept Berkshire’s proposal, because Berkshire has no interest in any other furniture or appliance business and, consequently, Berkshire’s purchase of NFM stock will cause no increase in any market’s share of the furniture or appliance business in any market. If the Hart-Scott- Rodino delay turns out to exceed 50 days, the purchase price for NFM stock will increase at the rate of 12% per annum during any delay period in excess of 50 days but not exceeding 90 days after acceptance. In the event Hart-Scott- Rodino delay exceeds 90 days (which Berkshire considers inconceivable), either side may at its option terminate all obligations to close the transaction.
在满足 U.S. Anti-Trust Law 的 Hart-Scott-Rodino 修正案所要求的法律程序后即行交割；Berkshire 将在你的配合下尽快完成相关手续。由于 Berkshire 对其他任何家具或家电业务并无兴趣，因此 Berkshire 购买 NFM 股票不会导致任何市场中家具或家电业务的市场份额上升；该程序无疑只是形式，在你接受 Berkshire 提议后的 50 天内几乎 100% 会完成。若 Hart-Scott- Rodino 的延迟超过 50 天，则在超过 50 天但不超过 90 天的任何延迟期间，NFM 股票的购买价将按年利率 12% 递增。倘若 Hart-Scott- Rodino 的延迟超过 90 天（Berkshire 认为不可思议），任一方均可自行选择终止完成交易之全部义务。
4. At the closing:
在交割时：
i. Each of the stockholders of NFM will warrant that good title to such stockholder’s stock is transferred to Berkshire and
NFM 的每一位股东将保证其所持股票的有效产权已转移给 Berkshire；并且
ii. Louis Blumkin will certify to Berkshire that, to the best of his knowledge and belief;
Louis Blumkin 将向 Berkshire 证明，在其所知所信的最大范围内；
A. Berkshire is acquiring 90% of the outstanding stock of NFM, and NFM has no obligation, contingent or otherwise, to issue additional shares; and
Berkshire 正在收购 NFM 已发行在外股票的 90%，且 NFM 并无（或有或其他形式的）发行新增股份的义务；并且
B. That the income tax return, together with incorporated accounting data, of NFM (and its wholly-owned subsidiary which owns part of the approximately 43 acres, partially vacant, on which NFM conducts warehousing and retailing operations) for the fiscal year ended 1/31/82, a copy of which has been furnished Berkshire, fairly represents the consolidated operations of NFM during such fiscal year and its balance sheet condition at the end thereof; and
NFM（及其全资子公司，该子公司持有前述约 43 英亩土地的一部分，部分闲置，NFM 在其上开展仓储与零售业务）截至 1982 年 1 月 31 日止财年的所得税申报表及所附会计数据（其副本已提供给 Berkshire）公允地反映了该财年 NFM 的合并经营情况及其期末资产负债表状况；并且
5. Immediately after the closing, Berkshire will cause NFM to offer to sell for cash, at present value, agreed to be (1 million, to former NFM stockholders, pro rata or as such former NFM stockholders may otherwise specify, two parcels of real estate in Omaha which changed plans by NFM make unnecessary for anticipated operations.
在交割后立即，Berkshire 将促使 NFM 按现值以现金要约出售，约定为（1 million，向先前的 NFM 股东按比例分配，或依该等前股东另行指定的方式，出售位于奥马哈的两宗不动产；因 NFM 变更计划，预期经营已不再需要该等不动产。
6. If the foregoing meets your approval, kindly return counterparts of this letter signed by or on behalf of all stockholders of NFM, which will constitute this letter a contract between such stockholders and Berkshire.
如上内容获你同意，请将本函的对等文本由 NFM 全体股东签署或由其代表签署后返还；届时本函即构成该等股东与 Berkshire 之间的合同。
Yours very truly,
BERKSHIRE HATHAWAY INC.
ACCEPTED: