EX-99.1 8 d65933_ex99-1.htm MEMORANDUM TO LEIGH J. ABRAMS

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