CORPORATE MEMORANDUM
TO: Leigh J. Abrams
FROM: Compensation Committee
SUBJECT: 2008 Compensation
DATE: November 14, 2007
This memorandum is to confirm our understanding with respect to your compensation as President and Chief Executive Officer of Drew Industries Incorporated for 2008:
1) Base Salary $400,000
2) Bonus: 2.5% of pre-tax profits in excess of $20,668,000
AGREED:
/s/ James F. Gero | |||
James F. Gero Chairman, Compensation Committee |
/s/ Leigh J. Abrams | |||
Leigh J. Abrams |