Exhibit 99.1
CORPORATE MEMORANDUM
TO: | Leigh J. Abrams |
FROM: | Compensation Committee |
SUBJECT: | 2006 COMPENSATION |
DATE: | November 17, 2005 |
This memorandum is to confirm our understanding with respect to your compensation as President and Chief Executive Officer of Drew Industries Incorporated for 2006:
| 1) | Base Salary | $400,000 |
|
| 2) | Bonus: | 2.5% of pre-tax profits in excess of $18,368,000 | |
AGREED:
/s/ James F. Gero
James F. Gero
Chairman, Compensation Committee
/s/ Leigh J. Abrams
Leigh J. Abrams
LJA:dm
LJA 2006 Compensation
