Exhibit 10.1

 
 
CORPORATE MEMORANDUM
 

TO:   Leigh J. Abrams         FROM:   Compensation Committee         SUBJECT:
2007 COMPENSATION         DATE: November 15, 2006  

 
       
 ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪
▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪

 
This memorandum is to confirm our understanding with respect to your
compensation as President and Chief Executive Officer of Drew Industries
Incorporated for 2007:

 
1)
Base Salary
$400,000
2)
Bonus:
2.5% of pre-tax profits in excess of $19,968,000

 

AGREED:

/s/ James F. Gero
James F. Gero
Chairman, Compensation Committee

/s/ Leigh J. Abrams
Leigh J. Abrams