David W. Pershing President Distinguished Professor October 5,2017 Mr. Jon M. Huntsman, Chairman Huntsman Corporation 500 Huntsman Way Salt Lake City, Utah 84108 Dear Jon, On behalf of the University, I want to acknowledge and apologize for our recent actions with respect to our failure to consult with the Foundation, as provided in the Current Agreements. I recognize these actions were detrimental to the long?standing history of communication and trust between us, which I deeply regret. I believe that new SMOU between the University and the Foundation will help guarantee that we will work together cooperatively and will consult with each other on all major decisions affecting the operations and funding of HCI in order to ensure that three-fold mission is achieved. Finally, I want to thank you for all your personal generosity and that of your family over the past decades. The Huntsman Cancer Institute is truly one of the crown jewels of the University of Utah. Sincerely, wane, David W. Pershing President 201 Presidents Circle, Room 203 - Salt Lake City, Utah 84112?9008 - 801?581?5701 - president@utah.edu