Mandatory retirement upon our Chairman's sixty-fifth birthday. Parrish is expressionless. DREW (cont'd) At which time, the Chairman will be named Emeritus, he will be welcome to attend all meetings, and will serve as International Spokesman for the corporation plus, of course, a settlement, a golden parachute of such magnitude that his feet will never touch the ground. Drew pauses. DREW (cont'd) Please indicate your vote by a "Yes" or "No". A "Yes" is heard, now another "Yes", now more "Yes"es, all reluctant, "No" from Sloane, "No" from Quince who realizes he is the instrument of Parrish's dismissal. DREW (cont'd) The motion is passed. We will of course delay the announcement, out of respect for our former Chairman, until after the celebration of his birthday this weekend.
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To review -- we're really crossing the 't's and dotting the 'i's here. Bill had a great and conclusive meeting with John Bontecou yester- day, all that remains for us is to put it to a vote. Smiles and murmurs of a congratulatory receptiveness from the Board at Drew's news.
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