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SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential for Use of the Commission Only
(as permitted by Rule 14a-6[e][2])
[X] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Reg 240.14a-11(c) or 240.14a-12
BERKSHIRE HATHAWAY INC.
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(Name of Registrant as Specified In Its Charter)
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(Name of Person(s) Filing Proxy Statement If Other Than The Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
1) Title of each class of securities to which transaction applies:
.......................................................................
2) Aggregate number of securities to which transaction applies:
.......................................................................
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11: (Set forth the amount on which the filing
fee is calculated and state how it was determined.)
.......................................................................
4) Proposed maximum aggregate value of transaction:
.......................................................................
5) Total fee paid:
.......................................................................
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
.......................................................................
2) Form, Schedule or Registration Statement No.:
.......................................................................
3) Filing Party:
.......................................................................
4) Date Filed:
.......................................................................
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BERKSHIRE HATHAWAY INC.
1440 KIEWIT PLAZA
OMAHA, NEBRASKA 68131
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
MAY 3, 1999
TO THE SHAREHOLDERS:
Notice is hereby given that the Annual Meeting of the Shareholders of
Berkshire Hathaway Inc. will be held at Aksarben Coliseum, 6800 Mercy Road,
Omaha, Nebraska, on May 3, 1999 at 9:30 a.m.
for the following purposes:
1. To elect directors.
2. To consider and act upon any other matters that may properly come
before the meeting or any adjournment thereof.
The Board of Directors has fixed the close of business on March 5, 1999 as
the record date for determining the shareholders having the right to vote at
the meeting or any adjournment thereof. A list of such shareholders will be
available for examination by a shareholder for any purpose germane to the
meeting during ordinary business hours at the offices of the Corporation at
1440 Kiewit Plaza, Omaha, Nebraska during the ten days prior to the meeting.
You are requested to date, sign and return the enclosed proxy which is
solicited by the Board of Directors of the Corporation and will be voted as
indicated in the accompanying proxy statement and proxy. A return envelope is
provided which requires no postage if mailed in the United States.
If mailed elsewhere, foreign postage must be affixed.
By order of the Board of Directors
FORREST N. KRUTTER, Secretary
Omaha, Nebraska
March 22, 1999
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A SHAREHOLDER MAY REQUEST ADMISSION TICKETS TO THE MEETING FOR HIMSELF OR
HERSELF AND FAMILY MEMBERS BY COMPLETING AND PROMPTLY RETURNING TO THE COMPANY
THE TICKET INFORMATION ENVELOPE ACCOMPANYING THIS NOTICE. OTHERWISE, ADMISSION
TICKETS MAY BE OBTAINED AT THE MEETING BY PERSONS IDENTIFYING THEMSELVES AS
SHAREHOLDERS AS OF THE RECORD DATE. FOR A RECORD OWNER, POSSESSION OF A PROXY
CARD WILL BE ADEQUATE IDENTIFICATION. FOR A BENEFICIAL-BUT-NOT-OF-RECORD OWNER,
A COPY OF A BROKER'S STATEMENT SHOWING SHARES HELD FOR HIS OR HER BENEFIT ON
MARCH 5, 1999 WILL BE ADEQUATE IDENTIFICATION.
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BERKSHIRE HATHAWAY INC.
1440 KIEWIT PLAZA
OMAHA, NEBRASKA 68131
PROXY STATEMENT
FOR ANNUAL MEETING OF SHAREHOLDERS
MAY 3, 1999
This statement is furnished in connection with the solicitation by the
Board of Directors of Berkshire Hathaway Inc. (hereinafter "Berkshire" or the
"Corporation") of proxies in the accompanying form for the Annual Meeting of the
Shareholders to be held on Monday, May 3, 1999 and at any adjournment thereof.
This proxy statement and the enclosed form of proxy were first sent to
shareholders on or about March 22, 1999.
If the form of proxy enclosed herewith is executed and returned as
requested, it may nevertheless be revoked at any time prior to exercise by
filing an instrument revoking it or a duly executed proxy bearing a later date.
Solicitation of proxies will be made solely by mail at the Corporation's
expense. The Corporation will reimburse brokerage firms, banks, trustees and
others for their actual out-of-pocket expenses in forwarding proxy material to
the beneficial owners of its common stock.
As of the close of business on March 5, 1999, the record date for the
Annual Meeting, the Corporation had outstanding and entitled to vote 1,343,592
shares of Class A Common Stock (hereinafter called "Class A Stock") and
5,266,338 shares (including 151,555 shares held by BankBoston as Agent for
holders of unexchanged shares of FlightSafety International, Inc., International
Dairy Queen, Inc. and General Re Corporation) of Class B Common Stock
(hereinafter called "Class B Stock"). Each share of Class A Stock is entitled to
one vote per share and each share of Class B Stock is entitled to
one-two-hundredth (1/200) of one vote per share on all matters submitted to a
vote of shareholders of the Corporation. The Class A Stock and Class B Stock
vote together as a single class. Only shareholders of record at the close of
business on March 5, 1999 are entitled to vote at the Annual Meeting or at any
adjournment thereof.
The presence at the meeting, in person or by proxy, of the holders of Class
A Stock and Class B Stock holding in the aggregate a majority of the voting
power of the Corporation's stock entitled to vote shall constitute a quorum for
the transaction of business. A plurality of the votes properly cast for the
election of directors by the shareholders attending the meeting, in person or by
proxy, will elect directors to office. A majority of votes properly cast upon
any question other than election of directors shall decide the question.
Abstentions and broker non-votes will count for purposes of establishing a
quorum, but will not count as votes cast for the election of directors or any
other question and accordingly will have no effect.
Shareholders who send in proxies but attend the meeting in person may vote
directly if they prefer and withdraw their proxies or may allow their proxies to
be voted with the similar proxies sent in by other shareholders.
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1. ELECTION OF DIRECTORS
At the 1999 Annual Meeting of Shareholders, a Board of Directors consisting
of seven members will be elected, each director to hold office until a successor
is elected and qualified, or until the director resigns, is removed or becomes
disqualified.
Each of the current directors of the Corporation is a nominee for
reelection. Certain information with respect to nominees for election as
directors is contained in the following table:
WARREN E. BUFFETT, age 68, has been a director of the Corporation since 1965 and
has been its Chairman and Chief Executive Officer since 1970. Mr. Buffett
is a controlling person of the Corporation. He is also a director of The
Coca-Cola Company, The Gillette Company and The Washington Post Company.
HOWARD G. BUFFETT, age 44, has been a director of the Corporation since 1993.
Mr. Buffett is Chairman of the Board of Directors of The GSI Group, a
company primarily engaged in the manufacture of agricultural equipment.
From 1992 until July 5, 1995, Mr. Buffett had been Vice President,
Assistant to the Chairman and a Director of Archer Daniels Midland Company,
a company engaged principally in the business of processing and
merchandising agricultural commodities. He is also a director of Coca-Cola
Enterprises Inc., Lindsay Manufacturing Co. and Mond Industries Inc.
SUSAN T. BUFFETT, age 66, has been a director of the Corporation since 1991.
Mrs. Buffett has not been employed in the past five years.
MALCOLM G. CHACE, age 64, has been a director of the Corporation since 1992. In
1996 Mr. Chace was named Chairman of the Board of Directors of BankRI, a
community bank located in the State of Rhode Island. Prior to 1996 Mr.
Chace had been a private investor.
CHARLES T. MUNGER, age 75, has been a director and Vice Chairman of the
Corporation's Board of Directors since 1978. He is Chairman of the Board of
Directors and Chief Executive Officer of Wesco Financial Corporation,
approximately 80%-owned by the Corporation. Mr. Munger is also Chairman of
the Board of Directors of Daily Journal Corporation and a director of
Costco Companies, Inc.
RONALD L. OLSON, age 57, was elected a director in 1997. For more than the past
five years, he has been a partner in the law firm of Munger, Tolles & Olson
LLP. He is also a director of Edison International, Western Asset Trust,
Inc. and Pacific American Income Shares Inc.
WALTER SCOTT, JR., age 67, has been a director of the Corporation since 1988.
For more than the past five years, he has been Chairman of the Board of
Directors of Level 3 Communications, Inc., a successor to certain
businesses of Peter Kiewit Sons' Inc. which is engaged in
telecommunications and computer outsourcing. He is also a director of
Burlington Resources Inc., CalEnergy Company, Inc., Commonwealth Telephone
Enterprises, Inc., ConAgra, Inc., Peter Kiewit Sons', Inc., RCN
Corporation, U.S. Bancorp and Valmont Industries Inc.
Warren E. Buffett and Susan T. Buffett are husband and wife. Howard G.
Buffett is the son of Warren and Susan Buffett. Otherwise, there is no family
relationship between any other officer or director of the Corporation.
Ronald L. Olson, who was elected to the Board of Directors on July 31,
1997, is a partner of the law firm of Munger, Tolles & Olson LLP. Munger, Tolles
& Olson LLP rendered legal services to the Company and its subsidiaries in 1998
and is expected to render services in 1999.
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When the accompanying proxy is properly executed and returned, the shares it
represents will be voted in accordance with the directions indicated thereon or,
if no direction is indicated, the shares will be voted in favor of the election
of the seven nominees identified above. The Corporation expects each nominee to
be able to serve if elected, but if any notifies the Corporation before this
meeting that he or she is unable to do so, then the proxies will be voted for
the remainder of those nominated and, as designated by the Directors, may be
voted (i) for a substitute nominee or nominees, or (ii) to elect such lesser
number to constitute the whole Board as equals the number of nominees who are
able to serve.
BOARD OF DIRECTORS MEETINGS, COMMITTEES AND DIRECTORS COMPENSATION
Board of Directors' actions were taken in 1998 at the Annual Meeting of
Directors that followed the 1998 Annual Meeting of Shareholders, at one special
meeting and upon two occasions by Directors' unanimous written consent. Except
for Mr. Chace, who did not attend the special meeting of directors, each
director attended all meetings of the Board and of the Committees of the Board
on which they served.
Mr. Scott is the member of the audit committee. The functions of the audit
committee are to select the independent auditors; review the results of the
annual audit; inquire into important internal control, accounting and financial
reporting matters; and report and make recommendations to the full Board of
Directors. The audit committee met once during 1998. The Corporation does not
have standing nominating or compensation committees of the Board of Directors.
Directors who are employees of the Corporation or its subsidiaries do not
receive fees for attendance at directors' meetings. Directors who are not
employees receive a fee of $900 for each meeting attended in person and $300 for
participating in any meeting conducted by telephone. A director who serves as a
member of the audit committee receives additional fees of $1,000 quarterly.
Directors are reimbursed for their out-of-pocket expenses incurred in attending
meetings of directors or shareholders.
EXECUTIVE COMPENSATION
The following table discloses the compensation received for the three years
ended December 31, 1998 by the Corporation's Chief Executive Officer and its
other executive officers.
SUMMARY COMPENSATION TABLE
ANNUAL COMPENSATION ALL
NAME AND --------------------- OTHER
PRINCIPAL POSITION YEAR SALARY BONUS COMPENSATION
- ------------------ ---- ------ ----- ------------
Warren E. Buffett 1998 $100,000 -- $176,600(2)
Chief Executive Officer/ 1997 100,000 -- 198,000(2)
Chairman of the Board 1996 100,000 -- 167,300(2)
Marc D. Hamburg 1998 306,250 -- 10,000(3)
Vice President/Chief 1997 281,250 -- 9,500(3)
Financial Officer 1996 256,250 -- 7,500(3)
Charles T. Munger (1) 1998 100,000 -- --
Vice Chairman of the Board 1997 100,000 -- 81,300(2)
1996 100,000 -- 65,000(2)
- ------------------
(1) Mr. Munger is compensated by a Berkshire subsidiary.
(2) Represents the value of directors' fees received by Mr. Buffett and Mr.
Munger in cash or deferred phantom equity interests from certain
non-subsidiary companies in which Berkshire has significant investments.
(3) Represents contribution to a subsidiary's defined contribution plan in which
Mr. Hamburg participates.
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BOARD OF DIRECTORS REPORT ON EXECUTIVE COMPENSATION
Berkshire's program regarding compensation of its executive officers is
different from most public corporations' programs. Mr. Warren E. Buffett
recommends to the Board of Directors the amount of his proposed remuneration and
he sets the remuneration of Berkshire's other executive officers (including both
salary and bonus). Mr. Buffett has been paid an annual salary of $100,000 for
each of the last 18 years. Factors considered by the Board of Directors and Mr.
Buffett are typically subjective, such as their perception of the individual's
performance and any planned change in functional responsibility. Neither the
profitability of the Corporation nor the market value of its stock are
considered in setting executive officer remuneration (including both salary and
bonus). Further, it is the Corporation's policy that all compensation paid to
its executive officers be deductible under Internal Revenue Code Section 162(m).
Submitted by the Berkshire Hathaway Inc. Board of Directors
Warren E. Buffett, Chairman Charles T. Munger
Susan T. Buffett Ronald L. Olson
Howard G. Buffett Walter Scott, Jr.
Malcolm G. Chace
STOCK PERFORMANCE GRAPH
The following chart compares the subsequent value of $100 invested in
Berkshire Hathaway Inc. common stock on December 31, 1993 with a similar
investment in the Standard and Poor's 500 Stock Index and in the Standard and
Poor's Property - Casualty Insurance Index.
COMPARISON OF FIVE YEAR CUMULATIVE RETURN*
-----------------------------------------
1993 1994 1995 1996 1997 1998
---- ---- ---- ---- ---- ----
Berkshire Hathaway Inc. $100 $125 $198 $209 $282 $429
S&P 500 Property-Casualty Insurance Index ** 100 105 142 173 251 234
S&P 500 Index 100 101 139 171 229 294
* Cumulative return for the Standard and Poor's indices based on reinvestment
of dividends.
** It would be difficult to develop a peer group of companies similar to
Berkshire. The Corporation owns subsidiaries engaged in a number of diverse
business activities of which the most important is the property and
casualty insurance business and, accordingly, management has used the
Standard and Poor's Property - Casualty Insurance Index for comparative
purposes.
BOARD OF DIRECTORS
INTERLOCKS AND INSIDER PARTICIPATION
Warren E. Buffett, Chairman of Berkshire's Board of Directors, is an
employee of the Corporation. Charles T. Munger, Vice Chairman of Berkshire's
Board of Directors, is employed by a Berkshire subsidiary.
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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
Warren E. Buffett, whose address is 1440 Kiewit Plaza, Omaha, NE 68131, a
nominee for director, is the only person known to the Corporation to be the
beneficial owner of more than 5% of the Corporation's Class A or Class B Stock.
Beneficial ownership of the Corporation's Class A and Class B Stock on February
28, 1999 by Mr. Buffett and by any other executive officers and directors of the
Corporation who own shares is shown in the following table:
PERCENTAGE PERCENTAGE
PERCENTAGE OF AGGREGATE OF AGGREGATE
OF OUTSTANDING VOTING POWER ECONOMIC
SHARES STOCK OF OF CLASS A INTEREST
TITLE OF CLASS BENEFICIALLY RESPECTIVE AND OF CLASS A
NAME OF STOCK OWNED(1) CLASS(1) CLASS B(1) AND CLASS B(1)
---- -------------- ------------ -------------- ------------ --------------
Warren E. Buffett Class A 478,232(2) 35.6
Class B -- * 34.9(3) 31.5
Susan T. Buffett Class A 36,980(2) 2.8
Class B 2(2) * 2.7(3) 2.4
Howard G. Buffett Class A 14 *
Class B 28 * * *
Malcolm G. Chace Class A 2,167(4) 0.2
Class B 28(4) * 0.2 0.2
Marc D. Hamburg Class A -- *
Class B -- * * *
Charles T. Munger Class A 18,090 1.3
Class B -- * 1.3 1.2
Ronald L. Olson Class A 65 *
Class B -- * * *
Walter Scott, Jr Class A 100(5) *
Class B -- * * *
Directors and Class A 535,648 39.9
executive Class B 58 * 39.1 35.3
officers as a group
* less than 0.1%.
(1) Beneficial owners exercise both sole voting and sole investment power
unless otherwise stated. Class A Stock is convertible into thirty shares of
Class B Stock at the option of the shareholder. As a result, pursuant to
Rule 13d-3(d)(1) of the Securities Exchange Act of 1934, a shareholder is
deemed to have beneficial ownership of the shares of Class B Stock which
such shareholder may acquire upon conversion of the Class A Stock. In order
to avoid overstatement, the amount of Class B Stock beneficially owned does
not take into account such shares of Class B Stock which may be acquired
upon conversion (an amount which is equal to 30 times the number of shares
of Class A Stock held by a shareholder). The percentage of outstanding
Class B Stock is based on the total number of shares of Class B Stock
outstanding as of March 5, 1999 (5,266,338 shares) and does not take into
account shares of Class B Stock which may be issued upon conversion of
Class A Stock.
(2) Includes 474,998 shares owned directly and beneficially by Warren E.
Buffett, and 3,234 shares owned by three trusts of which Mr. Buffett is
sole trustee but with respect to which Mr. Buffett disclaims any beneficial
economic interest. Mr. Buffett shares investment and voting power with
respect to 36,980 Class A shares and 2 Class B shares owned by Susan T.
Buffett
(3) Mr. and Mrs. Buffett have entered into a voting agreement with Berkshire
providing that, should the combined voting power of shares held by Mr. and
Mrs. Buffett and the trusts exceed 49.9% of Berkshire's total voting power,
they will vote those shares in excess of that percentage proportionately
with votes of the other Berkshire shareholders.
(4) Includes 428 Class A shares for which Mr. Chace has sole investment and
voting power. Also includes 1,579 Class A shares and 28 Class B shares held
by various trusts of which Mr. Chace is a trustee and 160 Class A shares
held by an estate for which Mr. Chace is an executor and for which he has
shared investment and voting power. Excluded are 882 Class A shares in
which Mr. Chace has a pecuniary interest but with respect to which he
possesses neither investment power nor voting power, and also does not
include 54 Class A shares owned by Elizabeth Z. Chace, wife of Mr. Chace.
(5) Does not include 10 Class A shares owned by Suzanne M. Scott, wife of
Walter Scott, Jr.
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SECTION 16(a) BENEFICIAL OWNER REPORTING COMPLIANCE
Section 16(a) of the Securities Exchange Act of 1934 requires the
Corporation's officers and directors, and persons who own more than ten percent
of a registered class of the Corporation's equity securities, to file reports of
ownership and changes in ownership with the Securities and Exchange Commission
and the New York Stock Exchange. Officers, directors and greater than
ten-percent shareholders are required by SEC regulation to furnish the
Corporation with copies of all Section 16(a) forms they file.
Based solely on its review of the copies of such forms received by it, or
written representations from certain reporting persons that no Forms 5 were
required for those persons, the Corporation believes that during 1998 all filing
requirements applicable to its officers, directors, and greater than ten-percent
beneficial owners were complied with.
3. OTHER MATTERS
As of the date of this statement your management knows of no business to be
presented to the meeting that is not referred to in the accompanying notice,
other than the approval of the minutes of the last shareholders' meeting, which
action will not be construed as approval or disapproval of any of the matters
referred to in such minutes. As to other business that may properly come before
the meeting, it is intended that proxies properly executed and returned will be
voted in respect thereof at the discretion of the person voting the proxies in
accordance with their best judgment, including upon any shareholder proposal
about which the Corporation did not receive timely notice. Deloitte & Touche
served as the Corporation's independent public accountants for 1998.
Representatives from that firm will be present at the meeting of shareholders,
will be given the opportunity to make a statement if they so desire, and will be
available to respond to any appropriate questions. The Corporation has not
selected auditors for the current year, since its normal practice is for the
Audit Committee of the Board of Directors to make such selection later in the
year.
ANNUAL REPORT
The Annual Report to the Shareholders for 1998 accompanies this proxy
statement, but is not deemed a part of the proxy soliciting material.
A COPY OF THE 1998 FORM 10-K REPORT AS REQUIRED TO BE FILED WITH THE
SECURITIES AND EXCHANGE COMMISSION, EXCLUDING EXHIBITS, WILL BE MAILED TO
SHAREHOLDERS WITHOUT CHARGE UPON WRITTEN REQUEST TO: FORREST N. KRUTTER,
SECRETARY, BERKSHIRE HATHAWAY INC., 1440 KIEWIT PLAZA, OMAHA, NEBRASKA 68131.
SUCH REQUEST MUST SET FORTH A GOOD-FAITH REPRESENTATION THAT THE REQUESTING
PARTY WAS EITHER A HOLDER OF RECORD OR A BENEFICIAL OWNER OF CLASS A OR CLASS B
STOCK OF THE CORPORATION ON MARCH 5, 1999. EXHIBITS TO THE FORM 10-K WILL BE
MAILED UPON SIMILAR REQUEST AND PAYMENT OF SPECIFIED FEES. THE 1998 FORM 10-K IS
ALSO AVAILABLE THROUGH THE SECURITIES AND EXCHANGE COMMISSION'S WORLD WIDE WEB
SITE (HTTP://WWW.SEC.GOV).
PROPOSALS OF SHAREHOLDERS
Any shareholder proposal intended to be considered for inclusion in the
proxy statement for presentation at the 2000 Annual Meeting must be received by
the Corporation by November 22, 1999. The proposal must be in accordance with
the provisions of Rule 14a-8 promulgated by the Securities and Exchange
Commission under the Securities Exchange Act of 1934. It is suggested the
proposal be submitted by certified mail -- return receipt requested.
Shareholders who intend to present a proposal at the 2000 Annual Meeting without
including such proposal in the Corporation's proxy statement must provide the
Corporation notice of such proposal no later than February 6, 2000. The
Corporation reserves the right to reject, rule out of order, or take other
appropriate action with respect to any proposal that does not comply with these
and other applicable requirements.
By order of the Board of Directors
FORREST N. KRUTTER, Secretary
Omaha, Nebraska
March 22, 1999
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P PROXY
R BERKSHIRE HATHAWAY INC.
O ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY 3, 1999
X THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
Y
The undersigned hereby appoints Marc D. Hamburg and Walter Scott, Jr.,
or either of them, as proxies, with power of substitution to each proxy and
substitute, to vote the Class A Common Stock (CLA) and Class B Common Stock
(CLB) of the undersigned at the 1999 Annual Meeting of Shareholders of Berkshire
Hathaway Inc. and at any adjournment thereof, as indicated on the reverse hereof
on the proposal for Election of Directors and as said proxies may determine in
the exercise of their best judgment on any other matters which may properly come
before the meeting.
IF PROPERLY EXECUTED AND RETURNED, THIS PROXY WILL BE VOTED AS SPECIFIED
OR, IF NOT SPECIFIED, WILL BE VOTED FOR ELECTING ALL NOMINEES.
PLEASE SIGN ON REVERSE SIDE AND MAIL PROMPTLY
IN THE ENCLOSED ENVELOPE
[SEE REVERSE SIDE] [SEE REVERSE SIDE]
===================================================
PLEASE MARK
[X] VOTES AS IN
THIS EXAMPLE.
1. Election of Directors:
NOMINEES: Warren E. Buffett, Charles T. Munger, Susan T. Buffett, Howard G.
Buffett, Malcolm G. Chace, Ronald L. Olson and Walter Scott, Jr.
FOR WITHHELD
[ ] ALL [ ] FROM ALL
NOMINEES NOMINEES
[ ]____________________________________________________
FOR, EXCEPT VOTE WITHHELD FROM THE ABOVE NOMINEE(S).
MARK HERE
FOR ADDRESS [ ]
CHANGE AND
NOTE AT LEFT
PLEASE SIGN EXACTLY AS YOUR NAME APPEARS. IF ACTING AS
ATTORNEY, EXECUTOR, TRUSTEE OR IN REPRESENTATIVE CAPACITY,
SIGN NAME AND TITLE.
SIGNATURE: ______________________________________ DATE _______________________
SIGNATURE: ______________________________________ DATE _______________________