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 | | | |
