Exhibit 10.1
CORPORATE MEMORANDUM
| TO: | Leigh J. Abrams | |
| FROM: | Compensation Committee | |
| SUBJECT: | 2007 COMPENSATION | |
| DATE: | November 15, 2006 |
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This memorandum is to confirm our understanding with respect to your compensation as President and Chief Executive Officer of Drew Industries Incorporated for 2007:
| 1) | Base Salary | $400,000 |
| 2) | Bonus: | 2.5% of pre-tax profits in excess of $19,968,000 |
AGREED:
/s/ James F. Gero
James F. Gero
Chairman, Compensation Committee
/s/ Leigh J. Abrams
Leigh J. Abrams