Memorandum

To: All Sales Managers

From: Jim Martin, V.P. Sales

Date: July 10, 2009

Subj: Sales Meeting

Re phone contact of July 8, final sales totals for the quarter ended June are enclosed herewith. A planning conference for all sales personnel will be scheduled for the near future and these figures will be discussed. It is hoped that all District Managers will be aware that the figures are such that reductions in the total number of dealerships and retail outlets may be indicated. A meeting to discuss this matter will be held on Friday, 21 July, at 3:00 p.m. in the mid-Atlantic regional sales manager