Document 3J2xb3ekgaD65N3gNQENpOaR6

iM X pl s flt iIpai > pceduct itttMMiltMiilItk;I4pmtllIittiU4lSlbt;#i|ff lit IblMs ttMSt| BOARD OF DIRECTORS MEETING of the NATIONAL INSULATION MANUFACTURERS ASSOCIATION Biltmore Hotel . New York, N. Y, January 13, I960 The meeting was called to order at 2:00 P, M. by Chairman E, H Luchs with the following in attendance: DIRECTORS - E. H. Luchs Norman Barr (Proxy for R, R, Porter) ' R. . Buckley F. T* Christenson (Proxy for Frank Christenson) ^ G, J, Christner * T, S. Clousing J. YA Cordrey (Proxy for J, C, Voiles) A. M, Ehret, Jr.` H, B. Hutton J. B. Jobe . E. T, Johnson P. D. Kaley Ike Keith F. Y/* Muller H, T, Y/illiams Mundet Cork Corp. Keasbey it Mattison Company Pittsburgh Coming Corp* Refractory & Insulation Corp* The Eagle-Picher Company M* H. Detrick Company Fibreboard Paper Products Co, Baldv/ia-Ehret-Hill, Inc* ' The Ruberoid Company Johns-Manville Sales Corp* Union. Asbestos it Rubber Co* Pittsburgh Plate Glass Co* Forty-Eight* Insulations, Inc, Gustin-Bacon Mfg, Company Owens-Coming Fibergtas Corp* OTHERS PRESENT D. L* Hinmoa L. A. Hoff M* I* Ruddock, Legal Counsel J. M, Barnhart Johns-Manville Sales Corp. Johns-Manville Sales Corp* Cadwaiader, V/ickersham It Taft National Insulation Mfrs* Assn* APPROVAL OF MINUTES A motion was made, seconded and passed That the Minutes of the Board of Directors Meeting of September 9, 1959, as bulletined by the Associ ation office be approved. Tmtcndants ( { EXHIBIT I 6/0 1 *9 s - 2- TREASURER'S REPORT The Association's Balance Sheet and Statement of Income and Expenditures as of December 31, 1959,: were outlined by Mr; F, T, Christenson. The Treasurer's Report is attached to these Minutes and made part thereof.. - It was reported that the income for 1960 will be in the neighborhood of $82, 000.00. ELECTION OF BOARD MEMBER Due to commitments within his company, Mr, R. A. McLaughlin resigned as a member of the Board of Directors and Vice President, and has asked that Mr. P. D. Kaiey replace him on the Board of Directors. A motion was made by Mr, F. W. Muller, seconded by Mr, T. S Clousing and unanimously passed That Mr. P. D. Kaiey be elected as his company's designated representative on the Board of Directors, ELECTION OF VICE PRESIDENT fc MEMBER OF EXECUTIVE COMMITTEE .. ' Mr. J. B. Jobe reported that the Nominating Committee proposed the following names to serve as Vice President and Member of the Executive Committee to fill the vacancies in accordance with the NIMA By-Laws: Vice President - H, T, Williams Executive Committee Member - Ike Keith There being no further nominations, a motion was made by Mr, A, M. Ehret, Jr seconded by Mr, G, J. Christner and unanimously passed That the Vice President and Member of the Executive Committee as proposed by the Nominating Committee be elected, SPECIAL COMMITTEE REPORT ON ESTABLISHMENT OF A SAFETY PROGRAM Mr. J. D. Jobe reported that safety was a subject that was considered in conjunction with a Manufacturing Committee, and that basically a manufacturing program could be broken down into the following parts: - 3- SPECIAL COMMITTEE REPORT ON ESTABLISHMENT OF A SAFETY PROGRAM (confd.) (a) Manufacturing Methods. It was the consensus of the group that the diversification of manufacturing methods within MIMA was great and that the feasibility of such a program would be impractical, therefore the subject should be tabled. >* (b) Saiety. It was the consensus of the group that the reporting of statistics relating to accident prevention was adequately covered by the program that many of NIMA members parti cipate in with the National Mineral Wool Association, and therefore the subject should be tabled. (c) Health. The feeling of the group on this aspect was that the industry could benefit from such a program. This subject will be studied further and a recommendation will be made at the next NIMA Board Meeting. . STATISTICAL REPORTING It was reported that two letters had been received from members suggesting _^hat benefit would be derived by reporting statistics on a geographical basis in addition to the statistics already received. Discussion on the subject revealed that reporting on a state basis would be costly and impractical. However, reporting on a regional basis would appear to be feasible and will be investigated further. In this respect, Mr. Barnhart was asked to determine the individual company members regional sales bound aries in an attempt to see if there were five or six areas of the country that would be fairly common to the membership. This will be done by mailing maps to the members upon which they are to indicate the sales regions for which they would have figures available in the normal course of business. The estimated cost of handling such an enlarged statistical reporting service will be secured from Price Waterhouse h Company NIMA members were asked to look into their company costs in participating in such a program. This subject will be discussed further at the NIMA Spring Meeting. REVISION TO NIMA CONSTITUTION Mr. H. T. Williams reported that the Committee had met and discussed the --'expansion of the membership categories in the NIMA Constitution to include the foamed plastic manufacturers. Because of the fact that foamed plastic was a different product than those presently included in the Association with different problems, it was recommended that no change bo made ixi the Con- ctitution at this time. it w.i <i thi' Tl';t the C J* rv `National Insulation Manufacturers association NATIONAL INSULATION MANUFACTURERS ASSOCIATION Fonte Vedra Beach, Fla* May 6, I960 The meeting was called to order at 3:30 A, M. by Chairman K, Luchs with the following in attendance: DIRECTORS E, H, Luchs N. L. Barr (Froxy for R, R. Forter) R. S, Buckley Frank Christenson A* M, Ehret, Jr, J. B. Jobe P, D. Kaley Ike Keith F. V/. Muller E, T. Plummer (Froxy for E* T. Johnson) H. T. V/iUiams Mundet Cork Corp, Keasbey U Mattison Company Pittsburgh Corning Corp. Refractory Sc Insulation Corp, Baldwin-Ehret-Hill, Inc, Johns-Manville Sales Corp, Pittsburgh Flats Glas-s Co. Forty-Eight Insulations Inc. Gustin-Bacon Mfg. Company Union Asbestos Sc Rubber Co, Owens-Corning Fiberglas Corp, OTHERS PRESENT F, T, Christenson, Treasurer D, L, Hinmon M, I, Ruddock, Legal Counsel J, M, Barnhart Refractory Sc Insulation Corp, Johns-Manville Sales Corp, Cadwaladcr, V/ickersham Sc Taft National Insulation Mfrs, Assn, APPROVAL OF MINUTES A motion was made, seconded and passed That the Minutes of the Board of Directors Meeting of January 13, I960, as bulletined by the Association office be approved. 2 TREASURER'S REFORT The Association's Balance Sheet and Statement of Income and Expendi tures as of April 15, I960, were outlined. The Treasurer's Report is attached to these Minutes and made part thereof. It was asked that in the future a Comparison of Budget to Actual Expen ditures be part of the Treasurer's Report, STATISTICAL REPORTING ON A GEOGRAPHIC BASIS Discussion on this subject revealed that the membership was desirous of receiving statistical reports on a geographic basis based on six regions, quarterly, including accumulated totals. The estimated cost of this work to NIMA, as received from Price Waterhouse U Company, will be approximately $1, 200, per year. Mr, Barnhart is to contact Price Waterhouse & Company and ask them to start their report as soon as the six months figures are available from the member companies, * .. A map was exhibited showing the regions that v/ere to be reported in. Several comments were made to the effect th?.t the boundaries to the regions should be defined on a slightly different basis, Mr, Barnhart was asked to talk to Mr, F. V/, Muller and redefine the areas, A map showing the regional areas that are to be reported in will be circulated to the Board of Directors, SAFETY PROGRAM . It v/ao the consensus that the establishment of a NIMA Safety Program with respect to health should be dropped, APPOINTMENT OF A NOMINATING COMMITTEE A Nominating Committee was appointed by President Luchs for the purpose of preparing a slate of candidates for Directors and Officers for nomination for these positions at the Annual Meeting. The Commitice will consist of A. M. Ehret, Jr., Chairman, Mr, Frank Christenson and Mr, F, V/. Muller, PUBLICITY PROGRAM 3 Diocussion on a program to adopt for distribution of the brochure pre pared by Sumner Rider k Associates led to a motion being made by Mr. N. L. Barr, seconded by Mr. J. B, Jobe and passed That in order to place the project on a self-liquidating basis a cost of $0. 35 per copy shall be charged to the individual companies ordering the brochure, $0. 10 of which shall be placed in the NIMA treasury to defray the expense of mailing the brochure to inquiries that are received by the Association headquarters, TECHNICAL k RESEARCH COMMITTEE REPORT . Action on the report made by the Technical U Research Committee concerning requests made at a meeting in Washington, O, C., will be deferred to the next Board of Directors meeting. OTHER BUSINESS (a) The Board of Directors authorized the following salaries for the NIMA staff, retroactive to January 1, I960: Mr, J. M. Barnhart - $12, 500. 00 per year (Increase of $1,000.00) Miss H. C. Lynch - $5, 800. 00 per year (Increase of $300. 00) (b) An air conditioning unit was authorized by the Board of Directors to be bought and installed for the NIMA headquarters. The cost of the installed unit and electrical work will be in the neighborhood of $475.00. 4 OTHER BUSINESS (Cont'd.) . (c) It was announced that the Annual Meeting will be held at the Seaview Country Club, Absecon, N. J. , on October 10 and 11, I960. t ADJOURNMENT ' There being no further business, it was moved, seconded and passed That the meeting be adjourned. Respectfully submitted < M. Barnhart BOARD OF DIRECTORS MEETING NATIONAL. INSULATION MANUFACTURERS ASSOCIATION Chicago, HI. April 14, 1964 The meeting -was called to order at 2:15 P. M. by Chaiiroan M. W. Burleson with the following in attendance: DIRECTORS M. V/. Burleson, Chairman Johns-Manville Sales Corp. F. D. Kaley Pittsburgh Plate Class Company Ike Keith . Forty-Eight Insulations, Inc. V, L. Miller {Proxy for R. E. BuclcleyJPittsburgh Corning Corp. F. V/. Muller ' Gustin-Bacon Mfg. Company W. C. Neel The Ruberoid Company D. M, Nelson Fibreboard Paper Products Corp. M* M. V/iison J. F. Vyverberg Baldwin-Ehr et-Hill, Inc. l^6wens-Corning Fiberglas Corp. OTHERS PRESENT J* H. Boynton L. T. Choate M. P. Crowther G. D. Rcycraft J. M, Barnhart Owens-Coming Fiberglas Corp. Baldwin-Ehret-Hill, Inc. Gustin-Bacon Mfg. Company Cadwalder V/ickersham U Taft NIMA AFFROVAL OF MINUTES A motion wis made, seconded and passed That,the Minutes of the Board of Directore Meeting of October 6, 1963, as bulletined by the Association be approved. oracceptance resignations It was reported that letters of resignation had been received from Mundet Cork Corporation, M* H* Detrick Company and Keasbey k Mattison Company* A motion uas made, seconded and passed - That the resignations be accepted with regret* ' TREASURER'S REPORT . Mr, V7. G. Neel outlined the Association's Balance Sheet, Statement of Income and Expenditures, and Comparison of Actual Expense to Budget as of March 31, 1.964* 4 - A motion was made seconded arid passed That the Treasurer's Report be accepted and further - That the separate accounting pertaining to the sales of the Economic Thickness Manual be discontinued* '- -. BROADENING Or MEMBERSHIP . The expansion of membership to include foamed plastic-manufacturers was discussed* ' A Committee consisting of Messrs-. F* D. Kaley, Chairman, R. E. . Buckley and H* B* Moreno was appointed for the purpose of making recom mendations on the subject at the next scheduled Board of Directors Meeting* AIMS AND OBJECTIVES OF MARKETTNC RESEARCH COMMITTEE The future projects of the Marketing Research Committee, as outlined in the Committee Minutes of March 13, 1964, were discussed* It was agreed that the following were reasonable and practical projects for the Committee to undertake: 1, Define existing statistical reporting product categories and products reported. Z. Work with the Bureau of Census, Department of Commerce, etc., AIMS AND OBJECTIVES OF MAIWZTING RESEARCH COMMITTEE (corA*rh )" 3, Attempt to ascertain the market potentials of competitive materials (foamed plastics, etc.) (with respect to the investigation of the broadening of the Association member ship to encompass foamed piastic types of insulation, it was suggested that the Committee be informed of this fact and contact the special committee investigating this subject), 4, Followup Mr. R. E. Buckley's letter pertaining to number of hours worked by union locals in 1963. STATISTICAL REPORTING It was reported that several comp?nies were unable to report statistics on a state basis at this time aad that Price Waterhouse c: Company Had been advised to continue statistics on the old basis for the present time (monthly and regional reports). , It was decided that 1963 statistics should not be compiled on a state basis inasmuch as this information is not readily available from the members, ' ' Further, it was decided that it was not practical to establish separate reporting categories for "fared bJruvcet" and "coated blanket", and that the single "faced and coated blanket" category be retained for statistical reporting purposes. The establishment of a separate category for reporting "Prefabricated Duct Systems" was discussed. The glass manufacturers will be letter balloted on this subject prior tc July 1, 1964, NTMA CERTIFICATION PROGRAM '* This subject was discussed in detail and it was decided that such a program would not be undertaken. OTHER BUSINESS1 2 1. Mr. Barnhart was asked to contact NFPA relative to membership o on the Air Conditioning Committee. . 2. The Duct Systems Committee is asked to present a survey of code changes that have been made that increase the use of prefabricated duct systems. 4 Z, It was reported that the N1MA lease expires on April 31, 1964. It was agreed that the lease should be renewed for 3 years, provid ing any increase in rent that may be asked by the landlord will not exceed 10 percent. Mr, 'J.' hi. Barnhart will discuss the new lease with Mr, M. V/. Burleson before signing. 4* It was agreed that the NIMA Annual Meeting would be held at the Seaview Country Club, Absecon, N. J., on October 5 and 6, 1964. 5. It was reported that Johns-Manville Sales Corp., was printing * on cortons, crates, etc., containing asbestos products (calcium silicate, magnesia, asbestos cements) a note pertaining to the dust created be these materials. The wording will be as follows: M Caution: This product contains asbestos fiber. Inhalation of asbestos in excessive quantities over long periods of time may be harmful. If dust is created'when this product is handled, avoid breathing the dust. If adequate ventilation control is not passible wear respirators approved by the U. S. Bureau of Mines for pncumocoriosis producing dust. 11 . ADJOURNMENT There being no further business The meeting was adjourned. P.cspcctfully submitted . M. Barnhart 3-TORN.NG r lSERGLAS CCRP3RA7ICN PRIMARY GENERAL LIABILITY - PR00UC7S LIABILITY COVERAGE Pol icy Year 9/1/42 - 9/1/43 9/1/43 - 9/1/44 9/1/44 - 9/1/45 9/1/45 - 9/1/46 9/1/46 - 9/1/52 9/1/52 - 9/1/53 9/1/53 - 9/1/54 9/1/54 - 9/1/55 9/1/55 - 9/1/56 9/1/56 - 9/1/57 9/1/57 - 9/1/53 9/1/53 - 9/1/59 9/1/59 - 9/1/60 9/1/60 - 9/1/61 9/1/61 - 9/1/62 "9/1/62 - 9/1/63 9/1/63 - 9/1/64 9/1/64 - 9/1/65 9/1/65 - 9/1/66 9/1/66 - 9/1/67 9/1/67 - 9/1/63 9/1/68 - 9/1/69 9/1/69 - 9/1/70 9/1/70 - 9/1/71 9/1/71 - 9/1/72 9/1/72 - 9/1/73 9/1/73 - 9/1/74 9/1/74 - 9/1/75 9/1/75 - 9/1/76 Policy Number 31 LC 40 31 AL 27 31 AL 34 31 AL 55 RR 31 AL 84 RR/ 31 AL 12S RR 31 AL 340 RR 31 AL 341 RRY 31 AL 343 RRY 31 AL 350 RRY 31 AL 575 RRY 31 AL 579 RRY 31 AL 939 RRY 31 AL 993 RRY 02 AL 11052 RRY 02 AL 11056 RRY 02 AL 13426 RRY 02 AL 13432 SR (Y) 02 AL 15805 SR (Y) 02 AL 018710 SR (Y) 02 AL 020095 SR (Y) 02 AL 106187 SR. (Y) 02 AL 108363 SR (Y) 02 AL 110044 SR (Y) 02 AL 112067 SR (Y) 02 AL 113640 SR (Y) 02 AL 115304 SRA (Y) 02 AL 116006 SRA (Y) 02 AL 116023 SRA 02 AL 116050 SRA Products Liability Bodily Injury Policy Limits Occurrence Accrecate SI ,000,000 1,000,000 1,000,000 1,000,000 1,000,000 51,000,000 1 ,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1 ,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2,000,000 Insure'- Aetna 333 Aetna 333 Aetna 331 Aetna 333 Aetna 333 Aetna 331 Aetna 333 Aetna 333 Aetna 333 Aetna 333 Aetna 333 m Aetna 333 Aetna 333 Aetna 333 Aetna 333 Aetna 333 Aetna 33: Aetna 333 Aetna C33 Aetna C33 Aetna 333 Aetna C33 Aetna C33 Aetna C33 Aetna C3 Aetna C3 Aetna C3 Aetna C3 Aetna C3 (*) - OCF has copy of partial or complete policy K DEFENDANTS EXHIBIT HI K V Policy Year * 9/1/76 - 9/1/77 * 9/1/77 - 9/1/78 * 9/1/78 - 9/1/79 9/1/79 - 9/1/80 * 9/1/80 - 9/1/81 * 9/1/81 - 9/1/82 9/1/82 - 9/1/83 * 9/1/83 - 9/1/84 * 9/1/84 - 9/1/85 * 9/1/85 - 9/1/86 Policy Number 02 AL 116071 SRA 02 AL 211004 SCA 02 GL 7 SCA 65 AL 212532 SCA 65 AL 212541 SCA 65 AL 212548 SCA 65 AL 320006 SCA 65 AL 320016 SCA 65 AL 320022 SCA 65 AL 320031 SCA Products Liability Bodily Injury Policy Limits______ Occurrence Aggregate' $1,000,000 1,000,000 1.000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2,500,000 $5,000,000 10,000,000 10,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 7,500,000 Insure-* Aetna Ci. Aetna Ci. Aetna Ci: Aetna CAI Aetna CS; Aetna CJI Aetna CS: Aetna CJ: Aetna CCS Aetna CIS * Effective May 1, 1979 coverage for Asbestos Products Liability Claims have been excluded from coverage by Aetna C&S. - Effective 9/1/79 coverage for Aviation Products Liability is Insured under a separate policy. (*) - OCF has copy of partial or complete policy Policy Year 9/1/76 - 9/1/77 9/1/77 - 9/1/78 9/1/78 - 9/1/79 9/1/79 - 9/1/80 9/1/80 - 9/1/81 9/1/81 - 9/1/82 9/1/82 - 9/1/83 9/1/83 - 9/1/84 9/1/84 - 9/1/85 9/1/85 - 9/1/86 Policy Number 02 AL 116071 SRA 02 AL 211004 SCA 02 GL 7 SCA 65 AL 212532 SCA 65 AL 212541 SCA 65 AL 212548 SCA 65 AL 320006 SCA 65 AL 320016 SCA 65 AL 320022 SCA 65 AL 320031 SCA Products Liability Bodily Injury Pol icy Limits Occurrence Aqqreqate SI ,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,300,000 2,500,000 $5,000,000 10,000,000 10,000,000 2,000,000 2,000,000 2,QGQ,QQQ 2,000,000 2,000,000 2,000,000 7,500,000 Insure- Aetna CL Aetna CL Aetna CL Aetna CL Aetna CL Aetna CL Aetna CL Aetna CL Aetna CL: Aetna C15 . - V'/77 V'/77'77 ?/-/71 l/.jf -11 ,/, 111- -!+ y/./tr-tf. foX fir U II6A * S [ox. t 5 ** ZX0OO? 5^- uf w- 3^60^3 (.{fir*- ZAJ03OSCA /,oo*tOoo / oco ooo 4 #oo, 040 / OOO, 4 00 /JJL L*ooo/ ooo /, oooooo /,444, *oo !,co t*oO 4 4**Coo /,oootOoo /*.44# 040 / ^ ^4 /, ooo odo /000,000 /.doo.doo /,oo5,006 /*ooo. 040 /t0*4Q0O herpX c foryxc. A-erj* - Effective May 1, 1979 coverage for Asbestos Products Liability Claims have been excluded from coverage by Aetna CiS. - Effective 9/1/79 coverage for Aviation Products Liability is Insured under a separate policy. (*) - OCF has copy of partial or complete policy CQVEAAfiE (AEINA CASUAMY I ^ m m S m % 33 S 33 ss 33 S ii m o to 33 52 to to i3 m 11 ll 3 ii 3 iI to 2 o to 33 --33 ^fe to to 33 4 9 *3 33 3 3 3 3 3 3 3 3 3 3 3 3 3 3 s's' cT o' o o' mm mwm iIi (w5toi usY 3 suY 3 uY oo to I 1 3 * 3\ oUY uY i o s s_ 8 1 i li li si i i i ii ss ii ii i So 3o oSo3 8 3" I i s i li li jiii ii* ii ' 3` 1 11 3 3 3 3 T _ 1 11 33 3 33 0HEHS-C0BHIN6 H U M U S COBPDMIJON PilHAftV 6ENERAL AND PAQWCIS- U A IlllIY 3 * - 3 '3 l 3O 3o 3 3 '3 '8 o3 3o 3 , - 3 ' 3" ' 3 3 3 a scY_i tsoY suY * to m 9 3to : 3i 3 s 5 a* * f i i i i i i i 3* i-- i I I i 3 i 1 t i i 3 I 3 ss at3too 13 33* 33 33 33 33* 33 3 3* 33 3*3* 33 3*3* 33 3*3* 33 3*3* 33 3*3* 33 3*3* 33 3*3* 3O 3to s`s 3 3 3 s s14 9 i M 88 3* 9 9 g 9 9 3 a<*> V. 3 3I a 3 3 Product* L ia b ility * 22 33 21 s S 2 II II X 33 3 3 3 3 s ss 2 s i if 3 3 o o* 33 u sui usi 5w 1 in irT in aw* u z2 tn Mo*l 3 11 1 SI I ss 3 3 11 11 11 2 3_S W5 II 11 is 3 3 11 11 II 3 11 11 11 3 3 11 11 11 33 1 fatrl lu tU tty (QptrjtiaMl 33 x: i i 333 a w3 :i a: 33 1 11 11 333333333 aut 3 3o in 3 3 i i J. .5 .1 ,5 * I ,1 i i -- 33233332233 1 1 i ui y ii i 3 ;1! w3W* 1!, i * i* SC if 23 33 33 3'3' 32 23 32 SC 12 32 32 23 is 32 is 23 - m is 33 is 33 ii 13 i* a a* 3 * 3 133 13 3 i ii i i 3 i 3 a a 1 (. S utrtl Liability (ty irtllM il froducti LU killty & a- 3 w 4 * 3 j8 3 3 is ii ii ii 3 i a 2 o 3 uu 1I 33 u2* aui 3 i 1 ii 15 3 3 p i < *aaaa 5 r* 2 8 3 3 3 S sui 9 S_ a 3 uat 3 a /UI2-IJ 4S4U260O4SC4 1,006,000 S! 2,000,000 csi 1,000,000 P0 500,000 CSI 2,000,000 CSL ( 3 Product* Liability mrw %it ad i at at at 3 x! a uad uad 3w 3 3f I 3 i ad ad aud uad i3 i ad at i 3 Jf u aud u 3o i 3* S ** I Ia h. >I *W :i u uat 3u ad 1 <3 ; 1 S fitM ul LttbilUy ItytrilioAtl - tM bliid A ||ft|U Itr la w il Md fraducti I) - M tly Iijury Pft - Prf*rtyI I I m ja l CSL * Cm im SiAflA U ilt Hac ci both I I PI)M if ii ii 3 ii ii ii 1 3i i fI n I W9 i II T 8 3 3I 3 3 3 3 3 8 83 t * 1,: \ \ j\ o United States Patent Office 858,167 RcfUtored Oct. 8, 1968 PRINCIPAL REGISTER Trademark S*r, No. 244,771, Ikd Mar. 15, 1947 KAYLO Owcns-Coraing Fibcrflai Corporation (Delaware corpo ration) 608 Madison Avo. Toledo, Ohio 43601 For: THERMAL AND SOUND INSULATING AND BUILDING MATERIALS USED FOR STRUCTURAL PURPOSES. FIREPROOFING AND FIRE PROTEC TION, SUCH MATERIAL CONSISTING OF CALCI UM SILICATE WITH OR WITHOUT REENFORC ING MATERIALS, AND COMPRISING INSULAT ING BOARDS, INSULATING BUILDING BLOCKS, PIPE COVERING, AND ROOFING TILE, in CLASS 12 (INT. CLS. 17 end 19). First as* Oct. 12, 1943; io cooaerce Oct. 12, 1943. .'Thi* IsjL&lSTviflTlflW Uo. 5751, it/7 f) &SML.I AJA r>f a; AJ.'j . "iJf Tib) 1 DEFENDANT'S EXHIBIT Registered June 18, 1946 / < 6/!'- Trade-Mark 421,786 4 UNITED STATES PATENT OFFICE Oweas-IUioolf Glae* Company, T>k4>, Okk Aet ef February tl, IMS Application September 17. IMS. Serial No. 4SM14 KAYLO STATEMENT To the Commissioner of Potent*: Oweru-Ultnots Olass Company, a corporation duly organised under the laws of the State of Ohio and having Its principal place of business in the Ohio Building. 406 Madison Avenue. Toledo. Ohio, has adopted and used the trade-mark shown in the accompanying drawing, for THERMAL AND SOUND IN8ULATINO AND BUILDING MATE RIALS. USED FOR STRUCTURAL PURPOSES. PIREPROOPINO AND FIRS PROTECTION. SUCH MATERIAL CONSISTING OF CALCIUM SILICATE WITH OR WITHOUT REENFORC ING MATERIALS. AND COMPRISING INSU LATING BOARDS. INSULATING BUXLDINO BLOCKS. PIPE COVERINO. AND ROOFING TILE, in Clasa 13. Construction materials, and present! herewith See specimens showing the trade-mark as actually used by the applicant upon the goods, and requests that the same be regis tered in the United SUM* Patent Office in accordaim with the act of February 30. IMS. The trade-mark was used by applicant and ap plied to the said goods on or about October 12. 1943. and has been continuously used and applied to said goods in applicant's business since that date. The trade-mark is applied to the containers in which the goods are packed and shipped, by print ing or stencilling the mark thereon. Sold Owens-Illinois Glass Company hereby ap points Rule S Koge (registry No. 14.134). P. O. Bos 1036. Toledo. Ohio, (a firm composed of John F. Rule and J. Ralph Hoge). its attorneys, to pros ecute this application for registration, with full power of substitution and revocation, to make alterations and amendments therein, to receive the certificate and to transact all business In the Patent Office connected therewith. OWENS-ILLINOIS GLASS COMPANY. By CARL R. MBQOWZN. VicePresident. t { l*til 'L i qmm-iuimis iluj ai&ua, itr^nua r o*, tec April )D, xy$s truster** w wMis-cowiin ruiMLa aauaunot, iiwrtlw f DaUw*, *11 x Ita ripbt, till* tad IsWravt 1* IV fedUttM rv MMfMUf* f^NTUU Ujditow mI1 U1mW m14 iv tta r*UWrV urto '%lt* ar *K*W #, l--my * pMit inpar^, Mt litw^rtNi aid Mid irXMiria, oi oub-comziq nmau* aovautiai u i-ir-- r mt< tv tiUa tt miIimuw r um mu Ob, 111*004*, OkKM-aUMIS CUJ* OWOI *rV Mill, Vn at UMafwi uw <**4-01*140 ruuous amminoi un ri**, liti* mV iiUmd UadUtti faUMiii niUdirad atrt< W|rtfear M* tbs rl# to aMHi noraii ( <fc ytfjitotiln Sami UAfl kri* to* Iql*1 imiifttiM It. diitid itatoi knf7ld *aihad Attai S4)Ut3 Uaitad lUtoa <09,00 <Vut Htoii 740,84? A* 4/18A4 8/8VU W57 U/JL^4 Ujrla* dml IrltoU 740,848 ll/Jl/54 UMITB toll tto^af ft*, lf$8* ow.auMii qum nvm iTTBti Owl y itofwM, friali--I v.i;uAl,Uiiiai wcrr tin w ouo ) O_O__W_T_X.*dr LOCi* ) > 0* UU md^tf Aa*. ld$*i tot m a >Ur7 Mlii, piwlljr UpaMti toi towi mid Car\ i|wt W m tow, * b*U ^ m Ml| mn 414 VMl utf toil ha U PvMiMt f Omm-XUImU Um to fV 4hrlba8 la, and tfiiaft aaacuwd Uia aha** aad Itoi ha UMitod 4ha aaa far and In bahal f *i uw aald aarporatlaa. aYtary /'aSTTV ':i.* n t, IjS, d.'Cnu-vdrnlxu; fiber* lua Corporation f. C. fie* ti 3*nta Clara, California JUt *V.'.e;.:cwi A). Manufacture UlHi Sal# .I* /irand "Mjflc* :ujUUj>i yio-jcta ___ x Gant l &*:> o*r*.- to ' un.ufu. lu a;ic .icll tv you, and you 4*t % tv r-.-..*chae flu:- i, WK prcojciu heroin otscrlhaO at tha prices and up^n tier tame anv conditions harain aat forth* ;, Tjju the tana vi vi.lc .tgr ov.iu .\ ..1\ on August IQ-jO and ehail continue in v-'fc.V :ntJ.'* t'Mtui- nttod b; cither party at uny tin* tpcii at least ai.*. nonths' prior written notice to the other. *.. graduate the products Ui he manufactured and sole here under siml :. .salclua-el* i i* pipe severing*, Vinefce one cements, as regularly marketed uy you under your brand jCaylo" at t**e data hereof, aaciuwln^ your "Kayio 10* product, Such products shall comply with tha opacifications aat forth in aaittolt A attached hereto, j. VftnSWf tha <|uaatitlas or dw products to be manufactured and sold hereunder shall be your r qulrements thereof for aale and/or Installation in the thirteen Western itstea, including Hawaii and Alaska (but not including, except at your option, direct Oovcmacnt Wles), subject to the limitations herein after eat forth. \ r i I* it i'(l! e.i. o o. , . Prions 7ho prices o ic pain v jou o u* for he products i.aiuilac' urod a,id sold hereunder* u:k i1 revised as hereinafter provided, auall >* >.he prices sc. for1 h la Exhibit b attached hereto, less 12%. We shall uuvv ho rlt;h'. o revise said prices or any of ,,hem from \Ame to time upon at least 30 days1 prior wrl'en no>Ice .0 you and such revised prices shall* subject to the provisions of Paragraph `3 below* apply to all deliveries node after the effective date specified In such notice* until acain revised in like manner; provided that li no event shall any such price* as revised* exceed our regular net price for our most comparable "Caltemp" products sold by us o our distributor-contractors in .he aam area* less 12%. f3. Price Protection if all of the foliowln, conditions shall apply: (a) Hot later than trie xplrat Ion ot* 30 days af cer lie effective dare of a price increase sped* fled in a notice riven under Paragraph 4 anovu* you shall have entered into 0 valid and binding contract to furnish and Install any products covered by this agreement* ho /M or proposal for which contract was given >y yon prior to receipt of the no (.ice of price increase; and (b) lot later than the expiration of such 30-day period you shall have auumit'.ed to us an order for any of the products covered by such contract* and the i:lme of shipment* determined under Paragraph 7 .xlow* snail be within 6 months after the effec tive date specified In such notice of price Increase; and (c) Actual shipment, of such products stiall no>. have been delayed beyond such 6-month period by any action of yours; t hen such products covered by any such order shall* except to any extent you may be protected by any escalation provision In your said contract* be paid for by you at the prices In effect hereunder at he time such notice of prlco increase was given. 6, Conditions of Sale Seller's regular condition*) of sale in effect at tlte time of each delivery shall ne applicable to such delivery. A copy of such regular conditions of sale as now In effect Is attached hereto as Exhibit C and made a part hereof. . 4*: r . ' >.*r .iu i Cor/or.u ion tX i<j . 7. Vli.io of ohlpitea .'Ue time within whi.c<i ..o products covered uy any order from you shell be shipped o you shall in each case lie he -iMe we shall designate lu .lie exercise of a reasonable discretion giving due regard ;.o our Inventories, manufactur ing schedules and die needs of you and o\ir other customers. If In any case you shall. In he exercise of a reasonable dis cretion, determine that such period will not meet your require ment;!, Mien you shall promptly oo notify us and, as to the quant .tie.: of the products covered y such order, eaoh of ue shall ue free from our respective obligations under this agreement. Minimum Purchase leQulrcnent if la any period of alx consecutive calendar months during the terra of this agreeiieiu id** Invoice* value of the products purchased by you shall aggregate leas than $130,000 uhen we shall have the right to terminate this agreement -v notice given o you at any ';i: -* durln.: tho calendar men' h rv xt succeeding said 6-montn period, effective upo.i the da.e speci fied therein whten shall not tx? earl'.er than 60 days af er Lhe date such notice la given* .9 Packaging Products to oe .aanuiac.ur-.id auu uoiu ('.ereunder shall ./e packaged by uu In the alzea and klnda of cartons at the time used ny ua for the packaging of our comparable Caltemp products. The cartons shall ue printed in such manner an you may from time to time designate, provided that che costs thereof are no greater than the costs of duplicating the format presently used by you on your "Kaylo" carbons. 10. Purchase of Inventory on Termination Upon any termination of this agreement, you shall be obligated forthwith to purchase and pay for "Kaylo* calcium* silicate products (at the price in effect hereunder at termination) and "Kaylo" printed cartons (at our regular price In effect at termination) In our inventory upon the effective date of the .termination, up to hut-not exceeding an aggregate value of $100,000. You shall ~ake delivery of the same within 60 days after such effective date. 11. Default If either party shall fall to perform any of the provisions hereof to be kept and performed >y it and such failure shall continue for a period of 20 days after notice thereof ny the other party, or if any proceedings under any <' Ov; 'V"' l 0 lUM C^tMOr-i ' >i % .o. 4 jia'.c or r.dernl ln?>olv*n<:y cr .H*iUrup . law tx. filed uy or a .uvnat, u parly, or if a party 3)mU uaK.- an uaa igiVKJn- for che wnofi.i. of creditors, or 'f j of lit proper* lea shall r.e appointed, then and lr auy such vni Mie other party shell have Uk? rir.ht to torn'm*. his aT*eiHsti* by written not 1 c;. t / 12. Notices Notices hereunder shell i*e sufficiently given if personally delivered or If deposited in the metl in stamped envelope properly addressed; If to you - Owe ns-Com 1tv. Fiuerglau Corporation P, 0, uox 39 Uunia Clara, California If to wa - Flbreboard Paper Producta Corporation 475 drannan Street San Francisco 19, California; or to such othor address as either of ur ahali hereafter <ieoIgnate by written no .let to the outer. 13* Hon* Alienability This agreement shall noc le aarl^na >lo by either party without the prior written consent of the other, excopt in con* uectlon with a merger, consolidation or other corporate reorgan* lzatlon of a party (including for purposes hereof the sale of assets of the industrial insulation division of a party); provided that. In the event of any such corporate reorgan ization, either party shall have the right at its option by written notice to the other to terminate this agreement, effective upon the completion of such corporate reorganiza tion. If this letter correctly secs forth r.he *ersta of our agreement, please so indicate ay endorsing rhe car-on copy of this letter in the space provided and return the same to us. Very truly yours, FXBRSBOARD PAPER PRODUCTS CORPORATION ay * Accepted and agreed to at VICE PRESIDENT $4iita Clara, California, thia dav of * . 1960. norT-r-coRriiNc^lSEROixs CoaroKvr:o; ' I I i. \ J . .j 4 Vi l .i * ) it XU .1 ' . : .1,... I * . ** )l* i .j III.) .lyt. < vu ;*tw *!.j i ' .i BO'ir-) r.e.v m>| (i'> iwr *<| to i AtU't holltu* |\jc 24 hit. twt< , 11*9 i-nr aq in > Dun*it at-ml Stnfeiiiy (liia< aitrlnk^tc *. i c u .n *. n* (* il H'* ; .) 1ii *al Cu .aa* ci. wan ior* r - to .HV ! u/ <j .. V n. t 'V' r*' ' 60..' hid' i 1)0 ISO ik i4 >1 .7 ti > `>*j SOS %6S .CIS "fcjchiblt B PABCO INDUSTRIAL INSULATIONS DIVISION of PIMEBOARD PAPER PRODUCTS CORPORATION Sen Francisco, California * Pap 2 Pl 3 Pass 4 Paso $ Pagaa 6-10 Pages 11-15 Pages 16-20 Pegs 21 INDEX .................. .... Carload Definition, HleUf Procdurt o4 Acenorii ` ................................... Area Definition - Ditnr, Colorado ...................... *. . . Aral Definition - Pacific Ooaet, In tamountain of laeeiiaa lalmdi ................................... Area Definition - Alaska ................................... freight Allowances ................................... Price fahlbit - Denver, Colorado .................................... Price Inhibit - Pacific Coast, Intemountaln end Hawaiian Islands ....................................Price Inhibit Alaska ....................................Accessories - All Areas PASCO INDUSTRIAL insulations DIVISION of FlA*ISOARD paper PkOOUCTS corporation Son Francisco, California CASLOAD DEFINITION For shipping end pricing purposes* o carload to do flood oo om ililpniat consisting of on* or aoro lcom Having o value of #3000.00 or note. RIC1MG PftOCSDUt* Iavolcoo shall Ha priced in accordance with pricaa applicable to the area where the aatarlal la actually chipped. Pricea indicated are for Pipe Covering and ilocke in full 3-foot leagtha only, and Ceaaat in 30 lb. baga only. Multiple layer pipe covering, ceoantad or uncenented. ia priced aa om unit for pipe alia and noainel thlcknoaa involved. Tubing Pipe Covering la priced the aam aa for equivalent .Standard Iron Pipe alsaa. On all Pipe Covering and Slocks. next higher Hated thickMee or width will be weed for alaea not ahown. iV/ftlPlIIf UTIA fflAUfitf All aectlooal pipe covering will be fumlehed without canvaa. Standard canvaa will be auppliad without charge for 10" pipe alae and analier only whan requested* Canvaa on aectlooal pipe covering for 11** pipe alae and larger will bn fumlahed only dun requested, and aa extra charge will be added, aa shown on Price Inhibit for Accessories. There will be an additional charge for all sectional pipe covering auppliad with extra weight canvas and/or weatherproof jackets, aa ahown on Price Exhibit for Accessories. Apply extra charges for accessories to the pipe else and over-all noninal thickness imCTXVB S/1/39 PAM 1 PABCO INDUSTRIAL INSULATIONS OIVISION of nimftOD PAfU PRODUCTS CORPORATION San Fraoclfco, California D*ov*r Colorado Arts AHA DEFINITION Colorado - All count!** *xcpt: AlMOll ArchuUta Chaff** Com jo* Dolt* Dolor** I|l Carfiald Ouanlaon Hiaadal* L*k* t* VUu Wyoming - All count!** *xc*pt: Big Korn Pronont Hot Spring* Lincoln Park SubUtt* Mtl Min*ral Noffatt Itontitu* Montroa* Ouray Pitkin Rio Blanco Rio Grand* Routt Sagauch* Saa Juan San Hlful Sw**tv*t*r Tatoo Uinta N**hakl YallovatOM National Park EFFBCTIVR 8/1/39 PAGE 2 fAftCO liiDUjlK I I. IN5>U W U** DIVISION of PIMCSOAKO PAl;.. FAJUUcrS CORPORATION Sen Francisco, California Pacific Coasc, Interwouniain and Hawaiian Islands AMftA D*IMITION (NTIR8 STATU OP: Arlsona Colorado * following counties OWU: Alcanas Archu lata Chaffaa Conejos Salta Doloraa tegle Carfleld Gunniaon Hlnadala Uka La Plata Mesa Mineral Moffett Non ta sum Nootroaa Ouray California Idaho Nontana Nevada Haw Mexico Oregon Utah Washington Wyoming * Following countiaa ONLY: li| Horn Present Hot Springe Lincoln Park Sublette Sweetwater Teton Uinta Hawaii Pitkin tio Slanco tio Oranda loutt Sagaucha San Juan San Niguel Waakakla Yallowetona National Park SPPHCTm S/1/S9 PAG* 3 FASCO INDUSTRIAL IHSULUTOhS DIVISION or FUKtOAW YKfWODUCTS CORPORATION San Franclaco, California Alaska AMA MUNITION Anafcorapt Area locludat Aachoraga* llantiorf an4 Ft. tlckardaon. Anchorapa Aran prlcaa will alao apply aa F.O.S. dock prlcaa at Katchikaa, Juneau. and Sitka. Fairbanks Area Includes Fairbanks* tlelson Aft and Ladd Fiald. imcnvi s/i/ss PAfit 4 0 PASCO IKUUSTKML INSULATIONS DIVISION of FIBMBOAftD PAPER PttOOUCTS CORPORATION Sm frioclico, CiUfornii FBfICHT ALLOWANCES Pacific Coaet* launouAtiln ia4 Denver, Colorado Arm CL F.O.B. Hill, iMryvllU, California, with full urlo4 rail freifht llmf to the railroad fmiuclM. CMr|H for cora e topped la traaalt will he for *the buptr'i accouat. LCL P.O.B. Mill, buryvillti California, actual freight allowed oot to aacood lowaat putllebed rail rata for quantity involved. avail CL aad LCL - M4. Saa Francleco Bay porta. Alaaka CL and LCL F.A.S. San Francieco, freight allowed at alii-- carload rail and water rata to area Involved. * BFTBCTIU S/l/59 PAS S \ FAhCO INDUS C:1M. |`;'i'lMI '.vi Omsk* Ol F1MI6OAA0 t'M'EU ntOOUCTS COftPOttATlOtf Sca Tranelco, California Danvar, Colorado Area niCI EXHIBIT B9CT10ML m; It 20th Froxlao * Hot 30th Froxlao 91m Mo*. 1 " Thk. CL LCL /2 /4 -1/4 -i/a .209 .229 .234 .295 313 .237 .234 .291 .324 .334 Frlce par Until Foot Mo*. IV* Thk. Mo*. 2** Thk. Mo*. 2V Thk. CL LCL CL LCL CL LCL .437 .445 .444 .532 ,37 .494 .529 .341 .404 .449 .712 .74 .907 .955 .902 .91 944 .914 .972 1.02 .93 .977 1.04 1.09 1.14 1.09 1.13 1.14 1.24 1.29 Mo*. r Thk. o*. 3V' Thk. CL LCL CL LCL 1.14 1.24 1.33 1.37 1.47 1.29 1.45 1.31 1.54 1.47 1.47 1.44 1.71 1.43 1.90 1.67 1.99 1.94 2.10 * 2.16 .343 i/a .39 .437 i/a .473 37 .399 .432 .494 .34 .449 .409 .445 .722 .779 .934 .491 .754 .92 .995 .93 .95 .997 1.09 1.19 1.29 1.09 1.13 1.24 1.35 1.43 1.19 1.29 1.42 1.54 1.71 1.35 1.45 1.42 1.74 1.94 1.34 1.44 1.90 1.94 5.09 1.79 1.99 2.05 2.21 2.37 1.99 2.13 2.23 2.47 2.54 2.26 2.4) 2.5) 2.60 2.91 i/a .417 .445 .74 .702 .734 .944 .993 .95 1.04 1.14 1.29 1.01 1.09 1.19 1.29 1.43 1.37 1.47 1.41 1.75 1.90 1.34 1.47 1.93 1.99 2.14 1.45 1.99 2.13 2.29 2.42 2.10 2.24 2.43 2.59 2.75 2.23 2.37 2.54 2.75 2.99 2.53 2.70 2.91 3.13 3.40 2.90 2.43 3.13 3.42 3.43 3.16 3.24 3.56 3.99 4.15 1.42 1.54 1.44 1.73 1.99 1.42 1.70 1.99 1.99 2.24 2.09 2.29 2.42 2.34 2.95 2.37 2.59 2.75 2.91 3.24 2.44 2.49 3.04 3.23 3.41 3.02 3.29 3.45 3.47 4.10 3.23 3.44 3.70 3.99 4.37 3.47 3.94 4.21 4.42 4.94 3.99 4.41 4.45 4.99 3.27 4.33 5.02 5.29 3.54 5.99 2.13 2.23 2.37 2.47 2.41 2.43 2.53 2.70 2.90 2.97 2.99 3.13 3.27 3.42 3.41 3.40 3.54 3.72 3.99 4.10 3.90 3.99 4.14 4.37 4.54 4.32 4.53 4.75 4.94 3.14 4.40 4.94 5.09 5.32 3.51 3.23 3.50 3.77 4.04 4.24 3.33 5.94 4.12 4.34 4.45 4.31 6.44 4.94 7.23 7.54 hlett ivljict to chin vitbout notice. HTVCTVn 4/1/39 M0S i X PA5C0 INDUSTRIAL INSULATIONS OIV1SION of PlMItOAJLO MWI Kttooucrs C0ftP0ATX0N too FrancUco, California Dtavtr, Colorado Araa SECTIONAL forma: IX 20th Proximo - Mot 30th Proximo Prlco for Lloool foot a_li Norn. 4M Thk. CL LCL Mom. 4b1* Thk. CL LCL Mo., 3M Thk. CL LCL nr itK, CL LCL 1/2 3/4 I 1-1/4 1-1/2 1.83 2.04 2.08 2.23 2.28 2.10 2.32 2.37 2.33 2.58 2.28 2.42 2.47 2.44 2*73 2.39 2.73 2.80 3.02 3.13 2.73 2.84 2.88 3.27 3.32 3.13 3.34 3.40 3.72 3*78 3.27 3.44 3.51 3.80 3.84 3.72 3.84 3.88 4.32 4.37 2 2-1/2 3 3-1/2 4 2.32 2.34 2.70 2.88 3.13 2.44 2.81 3.07 3.40 3.34 2.83 3.08 3.23 3.31 3.41 3.24 3.31 3.47 3.99 4.10 3.42 3.70 3.80 4.13 4.22 3.88 4.21 4.32 4.49 4.80 3.89 4.22 4.37 4.75 4.84 4.42 4.80 4.84 5.40 5.50 4-1/2 5 4 7 3.32 3.37 3.70 4.03 4.32 3.78 3.83 4.21 4.38 4.81 3.88 3.84 4.27 4.40 4.88 4.42 4.48 4.84 3.23 3.47 4.34 4.40 3.03 3.44 3.78 3.18 3.23 3.72 4.21 4.38 5.22 5.27 5.70 4.17 4.49 5.84 5.88 4.48 7.02 7.41 4.43 3.28 3.32 4.04 4.31 7.18 7.12 8.10 0 3.13 3.83 5.84 4.44 4.74 7.44 7.44 8.48 1 3.41 4.13 . 4.17 7.02 7.12 8.10 8.07 9.18 2 3.70 4.48 4.30 7.38 7.30 8.53 8.45 9.41 4 4.17 7.08 7.07 8.04 8.12 9.23 9.12 10.34 3 4.30 7.38 7.43 8.47 8.30 9.40 9.30 10.80 1 4.78 7.72 7,74 8.80 8.83 10.04 9.92 11.28 7 7.12 8.10 8.07 8.18 9.21 10.47 10.35 11.77 1 7.41 8;42 8.40 8.53 9.39 10.80 10.78 12.25 1 7.48 8.74 8.78 8.88 10.02 11.38 11.14 12.49 lorn. 4"' Thk. CL LCL 3.84 3.88 4.03 4.22 4.41 4.37 4.53 4.59 4.80 5.02 4.51 4.84 4.88 5.34 5.44 5.13 5.30 3.47 4.10 4.21 3.88 5.93 4.34 4.88 7.45 4.49 4.75 7.23 7.93 8.47 7.93 8.55 9.02 9.40 10.07 9.01 9.72 10.24 10.49 11.44 10.54 11.02 11.44 11.87 12.35 11.98 12.52 13.01 13.30 14.04 Prlcoa aubjact to chan*a without nottea. tPPBCTXVS 8/1/59 PAGE 7 0 V PASCO 1N0USTK1AL INSULATIONS UlVUIOfc of riutsoAiu papkk products corporation ton Prancltco, CiUfornU Doovor Colorado Aroo P1IC4 SXH1SIT SICMMTAL Taraa: IX 20ch Proviso Not 30th Pro*loo lM ilM Mos. IV Thk. CL LCL Prlca por Linaal Poor Moo. r Thk. CL LCL tv Thk. iVMoo. r thk.. Moo. m * So*. 4" Thk. CL LCL CL LCL CL LCL CL LCL $ 1.17 1.34 1.74 2.02 2.21 2.57 2.74 3.14 3*34 3.44 3.95 4.59 9 1.30 1.51 1.91 2.22 2.43 2.42 2.95 3.43 3.45 4.24 4.24 4.94 10 1.43 1.44 2.04 2.42 2.45 3.04 3.17 3.44 4.04 4.49 4.49 5.45 11 1.52 1.74 2.21 2.57 2.74 3.23 3.39 3.93 4.24 4.94 4.93 5.75 12 1.40 1.44 2.34 2.72 2.95 3.43 3.54 4.14 4.44 5.20 3.22 4.04 14 1.42 2.12 2.41 3.03 3.30 3.43 4.00 4.44 4.42 3.40 3.43 4.54 r15 l.tS 2.27 2.74 3.14 3.44 4.04 4.21 4.49 5.04 5.90 5.95 4.91 2.04 2.37 2.47 3.33 3.45 4.24 4.43 5.15 5.35 4.21 4.22 7.22 17 2.17 2.52 3.00 3.44 3.42 4.44 4.45 5.40 5.41 4.51 4.52 7.57 It 2.24 2.42 3.13 3.43 4.00 4.44 4.47 5.45 5.42 4.74 4.74 7.t7 It 2.39 2.77 3.30 3.43 4.17 4.44 5.04 5.45 4.09 7.07 7.04 4.14 20 2.47 2.47 3.44 4.04 4.35 5.05 5.22 4.04 4.30 7.32 7.35 4.53 21 2.41 3.03 3.41 4.19 4.52 5.25 5.43 4.31 4.52 7.57 7.41 4.43 22 2.49 3.13 3.74 4.34 4.49 5.45 5.45 4.54 4.42 7.92 7.47 9.14 23 2.74 3.23 3.42 4.44 4.47 5.45 5.47 4.41 7.00 4.13 4.13 9.44 24 2.47 3.33 3.91 4.54 5.00 5.40 4.09 7.07 7.17 4.33 4.39 9.74 24 3.04 3.54 4.21 4.94 5.39 4.24 4.52 7.57 7.49 4.93 9.00 10.45 27 3.17 3.44 4.39 5.10 5.54 4.44 4.49 7.77 7.94 9.24 9.22 10.70 2i 3.24 3.74 4.44 5.20 5.74 4.71 4.91 4.02 4.22 9.54 9.41 11.14 30 3.44 4.04 4.74 S.53 4.04 7.01 7.30 4.44 4.70 10.10 10.04 11.44 32 3.74 4.34 5.13 5.95 4.43 7.47 7.91 9.19 4.13 10.40 10.52 12.22 33 3.42 4.44 5.24 4.11 4.41 7.47 4.00 9.29 9.30 10.40 10.43 12.57 Prlca# aohjact to ebn|i without ootloo SPflCTXVI 4/1/59 PACK I N PA8C0 IHDUSTkIAL INSl'LAU^i DIVISION of rillflOAID PAP** PRODUCTS COttPOtATlON Mo Prcnclscu, CxUlocoU tosvr Colorado Art# flC KXHUIT MGMNTAL Tim: IX 20th Ptosis* Hit 30th Proximo no* iim 9 10 11 13 Nt CL 4.54 4.S7 5.35 5.45 5.95 -Thfct LCL 5.30 5.45 4.21 4.54 4.92 Prico por Ustl Foot ' fhk. CL LCL Ita. SV thk. CL LCL 3.30 5.78 4.17 4.52 4.87 4.14 4.71 7.17 7.57 7.97 4.13 4.32 7.00 7.39 7.74 7.12 7.57 8.13 8.58 8.98 14 4.a 7.52 7.43 8.43 8.35 9.49 15 4.S2 7.92 7.78 9.03 8.70 10.10 14 7.09 8.23 8.09 9.39 9.09 10.55, 17 7.39 8.58 8.43 9.79 9.48 U.00 IS 7.49 8.93 8.78 10.20 9.87 11.48 19 8.04 9.34 9.17 10.45 10.22 11.84 20 8.30 9.44 9.43 10.95 10.41 12.32 21 8.41 9.99 9.78 11.34 11.00 12.77 22 8.91 10.35 10.13 11.74 11.35 13*18 21 9.30 10.80 10.48 12*17 11.78 13.48 24 9.57 11.11 10.83 12.57 12.09 14.03 24 10.24 11*91 11.52 13.38 12.91 14.99 27 10*48 12.17 11.87 13.78 13.22 15.35 2S 10.85 12*57 12.22 14.19 13.40 15.80 30 11.31 13.13 12.78 14.84 14.24 14.54 32 12.04 13.98 13.44 15.40 14.92 17.32 33 12.13 14.08 13.70 15.90 15.31 17.77 . 4" m, CL LCL 4.82 7.24 7.83 8.24 8.41 7.92 8.43 9.09 9.59 9.99 9.22 9.43 10.09 io .a 10.87 10.70 11.21 11.71 12.17 12.42 11.31 11.74 12.09 12.57 13.05 13.13 13.43 14.03 14*59 15.15 13.35 14.24 14.48 14.92 15.41 15.50 14.54 14.81 17.32 18.12 14.53 19.19 14.74 19.44 Fries* tuhjset to choaf* without aotlco tmcTivc 8/1/59 9 PADCO INDUS IKlAt iNSUUriJNS DIVISlW of FIMSDOAVO PAFCK PHOOUCTS COVPOtATlON Son frioclKo, CtlUornU Doavr. Colons Ar PtlCC SXHUIT HOCKS torso: \% 20ch Proviso Not 30th Proviso lhiCkMIl iMkff I 1*1/4 1*1/2 l-J/4 2 2-1/4 2-1/2 2-3/4 3 3-1/2 4 Prico por Divert foot CL LCL 249 313 373 .439 .291 .344 .434 .314 .490 .344 .422 ,4U 342 .439 727 403 .747 471 .994 .473 1.01 1.14 Pries per 50# lt| 5.40 5.50 pricoo ouh^oot to choofo without ootieo urocim 1/1/5# VAflt 10 % PASCO INDUSTRIAL INSULATIONS DIVISION of PllXCBOAKD PAPS* PttOOUCTS CORPORATION Son franc Uco. California Pacific CMt( latirMvauln n4 Nivitlia IiInUi PtICI EXHIBIT SECTIONAL Tr; IX 20th Proviso * Etc 30th Proviso M Si M Boa. 1" Thk. CL LCL 1/2 3/4 1-1/4 l-i/2 .213 .235 .244 244 .323 .237 234 .241 .324 334 frlca p*r Liao*l Poot Boa. Ilf* Thk. CL LCL Boa. r Thk. CL LCL Hob 2V* Tfck. CL LCL .43 .44 .304 .3a .344 .444 .524 .541 .404 .4a .735 .744 .433 U2 .931 .41 .4a .914 .972 1.02 .94 1.02 1.07 1.12 1.17 1.04 1.13 1.14 1.24 1.24 Boa. r Thk. tTB.nr ^ CL LCL CL LCL 1.17 1.32 1.37 1.42 1.51 1.29 i.a 1.51 1.34 1.47 i-n 1.71 1.74 1.91 1.44 1.47 1.49 i.a 2.10 2.14 t-l/2 1-1/2 .332 .342 .441 .44 .344 .344 .432 .444 .34 .444 .427 444 .7a .403 .442 .491 .754 .42 US .95 .94 1.02 1.12 1.22 1.32 1.04 1.13 1.24 1.35 1.45 1.22 1.32 1.47 1.41 1.74 1.33 1.45 1.42 1.74 1.44 1.41 1.71 1.U 2.00 2.15 1.74 1.49 2.05 2.21 2.37 2.05 2.20 2.30 2.54 2.U 2.24 2.43 2.53 2.40 2.91 1-1/2 t .437 .444 .744 702 734 .444 .421 44 1*07 1.17 1.32 1.01 1.04 1.14 1.24 1.43 1.42 1.51 1.44 1.41 1.94 1.34 1.47 1.43 1.44 2.14 1.91 2.05 2.20 2.35 2.49 2.10 2.24 2.43 2.34 2.75 2.30 2.U 2.a 2.44 3.04 2.53 2.70 2.91 3.13 3.40 2.49 2.44 3.23 3.52 3.77 3.14 3.a 3.54 3.U 4.15 L47 1.42 2.15 2.37 2.74 3.02 3.33 3.47 4.11 4.53 1*41 1.74 2.35 2.59 2.94 3.29 3.37 3.44 4.55 5.02 1*71 1.44 2.49 2.75 3.13 3.45 3.42 4.21 4.40 5.24 ! 1.41 1.44 2.a 2.91 3.33 3.47 4.01 4.42 5.a 5.54 2.03 2.24 2.44 3.24 3.72 4.10 4.30 4.44 5.43 5.44 i 2.20 2.43 3.04 3.a 3.92 4.32 4.75 5.23 3.73 4.3: i i 2.30 2.43 2.53 2.70 3.23 3.34 3.34 3.72 4.11 4.31 4.53 4.75 4.44 5.50 4.02 4.U 5.24 3.77 4.32 4.94 1 2.34 2.40 3.52 3.U 4.50 4.94 5.a 4.04 4.54 7.23 i 2.44 2.97 3.72 4.10 4.70 5.14 3.44 4.24 4.44 7.54 Pricaa iwljict to ehmit without ootlca. EFFECTIVE 4/1/59 PAGE 11 % PABCO INDUSTRIAL INSULATIONS DIVISION of fimiOAAD FAfft PKOOUCTS COtPOtATION Sia friACltco, Cllforni ficiflc Coeet. lotr)untaln n4 HwaUaa U1aa4i PtICt EXHIBIT SECTIONAL i IX 20th Proximo - Hot 30th Proxtao SlM t > 74 72 n n n Mom* 4" Thk. CL LCL 1.91 2.10 2.15 2.30 2.35 2.10 2.32 2.37 2.53 2.59 2.40 2.44 2.79 3.08 3.23 2.44 2.91 3.07 3.40 3.54 3.43 3.47 3.82 4.14 4.45 3.78 3.83 4.21 4.59 4.91 Price for UamI Foot lot. 4* Thk. CL LCL Ho*. 5" Thk. CL LCL 2.35 2.49 2.54 2.74 2.84 2.59 2.73 2.80 3.02 3.13 2.84 3.03 3.08 3.38 3.43 3.13 3.34 3.40 3.72 3.78 2.94 3.18 3.33 3.42 3.72 3.24 3.51 3.47 3.99 4*10 3.52 3.82 3.92 4.24 4.34 3.88 4.21 4.32 4.49 4.80 4.01 4.04 4.50 4.73 5.14 4.42 4.48 4.84 5.23 5.47 4.70 4.75 5.19 5.43 5.97 5.18 5.23 5.72 4.21 4.58 HO*. SV Ikk. CL LCL 3.38 3.57 3.42 3.92 3.94 3.72 3.94 3.99 4.32 4.37 4.01 4.34 4.50 4.90 4.99 4.42 4.80 4.94 5.40 5.50 5.39 5.43 5.88 4.37 4.90 5.94 3.99 4.48 7.02 7.41 o*. 4" l*k CL LCL 3.94 4.11 4.14 4.34 4.55 4.37 4.53 4.59 4;80 5.02 4.45 4.99 5.14 5*33 5.43 5.13 5.50 5.47 4.10 4.21 4.07 4.12 4.54 7.20 7.49 4.49 4.75 7.23 7.93 8.47 4.80 5.29 5.58 5.88 4.37 5.29 5.83 4.15 4.48 7.02 3.48 4.02 4.37 4.71 7.30 4.04 4.44 7.02 7.39 8.04 4.51 4.95 7.35 7.74 8.37 7.18 7.44 8.10 8.53 9.23 7.35 7.88 8.33 8.72 9.40 8.10 8.49 9.18 9.41 10.34 8.18 8.82 9.31 9.70 10.38 9.01 9.72 10.24 10.49 11.44 4.71 7.00 7.35 7.44 7.93 7.39 7.72 8.10 8.42 8.74 7.49 7.94 8.33 8.47 9.04 8.47 8.80 9.18 9.53 9.99 8.77 9.11 9.50 9.89 10.33 9.40 10.04 10.47 10.90 11.39 PrlCOA lubjict to ebaa|A without notice. 9.80 10.24 10.48 11.12 11.51 10.80 11.28 11.77 12.25 12.49 10.87 11.34 11.80 12.25 12.74 11.98 12.52 13.01 13.50 14.04 tmCTIVS 8/1/59 FAfii 12 o \ PABCO iNUUilRIAL INiULAfIONS DIVISION of PlMKBOAAO PAPta PKQOUCTS COSPOSATION San Francisco, California Pacific Coasc, Intarm\>untaln and Hawaiian Island# PtlCS EXHIBIT SECTIONAL it IX 20th Proximo - Nat 30th Proximo SI-- > /* n Mom. *V Thk. CL LCL 1.91 2.10 2.13 2.30 2.33 2.10 2.32 2.37 2.33 2.39 Price por LImiI foot Norn. 4V Thk. CL LCL Mom. 5" Thk. CL LCL 2.33 2.49 2.34 2.74 2.64 2.39 2.73 2.60 3.02 3.13 2.84 3.03 3.06 3.36 3.43 3.13 3.34 3.40 3.72 3.76 Mom.. 3V Thh_t CL LCL 3.36 3.57 3.62 3.92 3.94 3.72 3.94 3.99 4.32 4.37 lfe. 4" Thk CL LCL 3.94 4.11 4.14 4.34 4.55 4.37 4.53 4.59 4.60 3.02 2.40 2.64 2.94 3.24 3.32 3.66 4.01 4.42 4.45 3.13 n 2.64 2.91 3.16 3.31 3.82 4.21 4.34 4.60 4.99 5.50 2.79 3.07 3.33 3.67 3.92 4.32 4.30 4.94 5.14 5.47 n 3.06 3.40 3.62 3.99 4.26 4.69 4.90 5.40 5.53 4.10 3.23 3.36 3.72 4.10 4.36 4.60 4.99 5.30 5.43 4.21 n 3.43 3.76 4.01 4.42 4.70 5.16 5.39 5.94 4.07 4.49 3.47 3.63 4.04 4.46 4.75 5.23 5.43 5.99 6.12 4.75 3.62 4.21 4.50 4.64 5.19 5.72 5.66 6.46 4.54 7.23 4.16 4.59 4.75 5.23 5.43 4.21 4.37 7.02 7.20 7.93 4.45 4.91 5.14 5.67 5.97 4.56 4.90 7.61 7.49 6.47 4.60 3.29 5.56 5.66 6.37 5.29 5.63 6.15 6.46 7.02 5.46 4.02 4.37 6.71 7.30 6.04 4.44 7.02 7.39 6.04 6.51 6.95 7.35 7.74 6.37 7.16 7.44 6.10 6.53 9.23 7.35 7.66 8.33 6.72 9.40 6.10 6.49 9.16 9.41 10.34 6.16 6.62 9.31 9.70 10.36 9.01 9.72 10.24 10.49 11.44 6.71 7.00 7.35 7.64 7.93 7.39 7.72 6.10 6.42 6.74 7.49 7.96 6.33 6.67 9.04 6.47 6.60 9.16 9.35 9.99 6.77 9.11 9.50 9.69 10.33 9.60 10.04 10.47 10.90 11.39 Price# iwbjict to choaf* without notlta 9.60 10.24 10.46 11.12 11.51 10.60 11.26 11.77 12.25 12.49 10*67 11.34 11.60 12.25 12.74 11.96 12.52 13.01 13.50 14.04 mtctvn i/i/39 pact i* X r PABCU lUOUSiHlAI. INSULATIO.n* DIVISION of MBKEBOAJID PAPER PRODUCTS C'HPOftATlON Son Froncloco. CilUornia Pxclfic Co*t, Intcrmounteln end Hawollon Ilodi PB1CI EXHIBIT S4CMSMTAL Trm: 11 20th Proximo - Mot 30th Proximo Mm SUc Moo. IV* Thk. CL LCL 1.21 1.34 9 1.35 1.51 10 1.44 1.44 11 1.57 1.74 12 1.44 1.44 Price pr Limit foot Horn. 2** Thk. Horn. 1IV Thk. Mom. 3" lhk. CL LCL CL LCL CL LCL 1.40 1.94 2.14 2.29 2.43 2.02 2.22 2.42 2.57 2.72 2.29 2.52 2.74 2.44 3.04 2.57 2.42 3.04 3.23 3.43 2.43 3.04 3.24 3.51 3.49 3.14 3.43 3.44 3.93 4.14 Mm. Mr ihk. 4m. 4M Thk CL LCL 0L LCL 3.44 3.74 4.14 4.41 4.43 3.44 4.24 4.49 4.94 3.20 4.09 4.41 4.44 3.13 5.40 4.59 4.94 3.45 3.75 4.04 14 f 15 1u 17 14 19 20 21 22 23 1.49 2.02 2.11 2.25 2.34 2.12 2.27 2.37 2.52 2.42 2.47 2.54 2.70 2.79 2.44 2.77 2.47 3.03 3.13 3.23 2.70 2.43 2.97 3.10 3.24 3.03 3.14 3.33 3.44 3.43 3.42 3.40 3.73 3.47 3.94 3.43 4.04 4.19 4.34 4.44 3.42 3.40 3.74 3.94 4.14 3.43 4.04 4.24 4.44 4.44 4.14 4.34 4.59 4.41 3.04 4.44 4.49 3.15 5.40 3.45 4.99 5.24 3.33 5.40 4.03 5.40 5.90 4.21 4.51 4.74 5.43 4.14 4.43 4.75 7.02 4.54 4.91 7.22 7.57 7.47 4.32 4.50 4.44 4.44 5.04 4.44 5.05 5.25 5.45 5.45 5.22 5.40 5.42 3.45 4.07 3.45 4.04 4.31 4.54 4.41 4.30 4.52 4.75 7.04 7.24 7.07 7.32 7.57 7.92 4.13 7.29 7.40 7.47 4.14 4.41 4.14 4.53 4.43 9.14 9.44 24 2.97 3.33 4.09 4.54 5.17 3.40 4.30 7.07 7.42 4.33 9.44 9.74 24 3.19 3.54 4.34 4.49 5.54 4.24 4.75 7.57 7.94 4.93 9.31 10.45 27 3.24 3.44 4.54 5.10 5.74 4.44 4.93 7.77 4.23 9.24 9.54 10.70 24 3.37 3.74 4.43 5.20 5.94 4.71 7.15 4.02 4.50 9.54 9.94 11.14 30 3.40 4.04 4.95 5.55 4.23 7.01 7.54 4.44 9.00 10.10 10.39 11.44 t 32 3.47 4.34 5.31 5.95 4.44 7.47 4.19 9.19 9.45 10.40 10.49 12.22 33 3.94 4.44 5.44 4.11 4.44 7.47 4.24 9.29 9.43 10.40 11.20 12.57 Priem eubject to ehiafi without notice uptenu 4/1/59 PACE 13 tAMCQ INDUSTRIAL INSULATIONS DIVISION of riMMOAJU) PAPER PROOUCTS CORPORATION Son Franclaco, California Pacific Coaat, Intoraountain and Hawaiian lalaoda PRICE EXHIIIT IMNTAL Toma: 11 20th Proximo * Rot 30th Proximo Pi0 SlOO to It 12 Worn* 4V Thk. CL Id 4.72 5.04 3.53 5.45 4.14 3.30 5.45 4.21 4.54 4.91 Prleo por Llooal foot Worn* y Thk. CL LCL |gJL_ JV ihk. a UBL 3.49 5.94 4.39 4.75 7.11 4.14 4.71 7.17 7.57 7.97 4.34 4.75 7.24 7.45 4.01 7.12 7.57 4.13 4.54 4.94 l&j1" Thk. la 7.04 7.51 4.10 4.55 4.91 7.92 4.43 9.09' 9.59 9.99 14 4.70 7.32 7.49 4.43 4.44 9.49 9.54 10.70 15 7.04 7.92 4.05 9.03 9.00 10.10 , 9.99 11.21 14 7.33 4.23 4.37 9.39 9.40 10.55 10.44 11.71 17 7.45 4.54 4.73 9.79 9.41 11.00 10.44 12.17 14 7.94 4.93 9.09 10.20 10.21 11.44 11.23 12.42 19 4.32 9.34 9.49 10.45 10.57 11*44 11.70 13.13 20 4.59 9.44 9.74 10.93 10.94 12.32 12.15 13.43 21 4.91 9.99 10.12 11.34 11.34 12.77 12.51 14.03 22 9.22 10.33 10.44 11.74 11.74 13.14 13.00 14.59 23 9.43 10.00 10.44 12.17 12.19 13.44 13.50 13.15 24 9.90 11.11 11.20 12.57 12.51 14.03 13.41 15.50 24 10.42 11.91 11.92 13.34 13.34 14.99 14.74 14.54 27 10.44 12.17 12.24 13.74 13.44 15.35 14.94 1441 24 11.20 12.57 12.44 14.19 14.04 15.40 15.43 17.32 30 11.70 13.13 13.23 14.44 14.74 14.54 14.15 14.12 32 12.44 13.94 13.90 15.40 15.43 17.32 17.10 19.19 33 12.55 14.04 14.17 15.90 15.44 17.77 17.32 19.44 Prleoo oubjoet to eha|i without notlea. wpRctm 4/1/59 PACE 14 PABCO INDUSTRIAL INSULATIONS OlVXSION of PIBBCBOARO PAPtk PRODUCTS CORPORATION San frinclico, California Pacific Coaac, Inttrwountaln and Hawaiian lalaada PRICC CXHIBIT BLOCKS 11 20th Proximo Nat 30th PtokIoo Prlca par S^uara foot Ifclckaaaa 1 1-1/4 1-1/2 l -5/4 2 2-1/4 2-1/2 2-5/4 3 3-1/2 4 .255 .323 .302 .45 .51 .570 .437 .705 .745 .092 1.02 .294 .372 .441 .519 .500 .444 .735 .013 .002 1.02 1.17 Prlca par 50# Ba 5.95 4*10 Prlcaa auhjoct Co chca|a without cotlea. smerm 1/1/59 PAGO 15 \ PASCO tNOUSTKUl INSULATIONS DIVISION of PIMSSOAAO PAPtiR PROOUCTS CORPORATION S4M fraclflco CRiifornl* Atiika met sxtusn SECTIONAL tint: It 20eh front** - MC 30th Proximo Crto4 frit* per UmiI foot PlM SlM Horn. lw Thk. *A P KM. IV Thk. 4P Km. 2" thk. AP MM. w AP 1/2 3/4 1 1-1 /4 1-1/2 .242 .244 .297 .33 .343 .244 .271 .305 .339 .372 504 559 .572 .414 .44 .519 .553 547 .432 .474 .425 .44 .935 .99 1.04 .147 .904 .94 1.01 1.07 1.10 1.15 1.21 1.24 1.32 1.13 1.14 1.24 1.29 1.35 M. J" Thk. p*. 39" Th A PA r 1.32 1.44 1.54 1.59 1.70 1.35 1.52 1.54 1.43 1.73 1.70 1.92 1.94 2.14 2.20 l. i. 2. 2. 2. 2 2-1/2 * 3-1/2 4 .394 .44 .493 .55 .44 .404 .452 .504 .545 .474 .704 77 .434 .902 944 .723 .791 .454 .924 .994 1.09 1.15 1.24 1.37 1.44 1.13 1.14 1.29 1.41 1.52 1.37 1.44 1.45 1.41 1.94 1.41 1.41 1.32 1.92 1.49 2.09 1.44 . 2.25 2.03 2.42 1.44 1.97 2.14 2.31 2.44 2.31 2.47 2.54 2.44 2.97 2 2 2 2 3 4-1/2 5 4 7 4 .715 .77 .44 .734 .791 .904 1.03 1.10 1.21 1.52 1.44 1.04 1.13 1.24 1.35 1.52 1.59 1.70 1.47 2.03 2.20 1.43 1.75 1.92 2.09 2.24 2.14 2.31 2.47 2.44 2.40 2.20 2.37 2.54 2.71 2.44 2.54 2.75 2.97 3.19 3.44 2.43 2.42 3.05 3.27 3.55 3.24 3.30 3.43 3.94 4.23 3 i * 4 ' 9 1.45 1.49 2.42 2.44 3.04 3.14 3.74 3.44 4.44 10 1.41 1.44 2.44 2.71 3.35 3.44 4.01 4.12 5.11 11 1.92 1.97 2.40 2.44 3.52 3.41 4.29 4.40 5.39 12 2.05 2.09 2.97 3.05 3.74 3.44 4.51 4.43 5.44 14 2.51 2.37 3.30 3.39 4.14 4.29 5.04 5.19 4.10 15 2.47 2.54 3.44 3.55 14 2.54 2.45 3.43 3.72 17 2.75 2.42 3.79 3.49 14 2.44 2.93 3.93 4.04 14 3.02 3.10 4.14 4.29 A - Anchor*g* Arts f' - pRirbenke Aria Price* tubjoct to chaau without ooelco. 4.40 4.42 4.44 5.04 5.24 4.52 4.74 4.97 5.19 3.42 5.33 5.41 3.44 4.11 4.34 3.a 5.74 4.04 4.32 4.35 4.43 4.74 7.09 7.37 7.70 IFfKIlVI 4/1/39 PAGE 14 % \ fAJCO IKOUSTK1AL INSULATION DIVISION of riMtftOAU) PAm PtOOUCTS CORPORATION |m Pranclaco, California Alaaka me* cxHiiit SCTIOMAL iim: IX 20 Proxlao - Rat 30th Proslao Carlof Prica for Linaal foot Im f 1 i| Noa. 4" Thh. *A *T tom. 4k" Thk. AV tom y* thk. Ar 1/2 3/4 1 1-1/4 1-1/2 2.14 2.34 2.42 2.54 2.44 2.20 2.42 2.44 2.45 2.71 2.44 2.40 2.44 3.04 3.19 2.71 2.44 2.93 3.14 3.27 3.19 3.41 3.44 3.79 3.45 3.27 3.50 3.55 3.49 3.95 tom. A 3.79 4.01 4.07 4.40 4.45 Tut. r 3.49 4.12 4.14 4.32 4.37 4W Thk. Ar 4.45 4.42 4.47 4.49 ' 3.11 4,37 4.74 4.40 3.02 3.25 2 2-1/2 3 3-1/2 4 2.49 2.97 3.13 3.44 3.43 2.74 3.05 3.22 3.55 3.72 3.30 3.37 3.74 4.07 4.14 3.39 3.47 3.44 4.14 4.29 3.94 4.29 4.40 4.74 4.49 4.04 4.40 4.52 4.91 5.02 4.51 4.49 5.04 . 5.50 5.41 4.71 5.02 5.19 5.45 5.74 3.22 5.41 3.77 4.21 4.32 3.34 3.74 3.93 4.34 4.49 4-1/2 9 4 7 3.45 3.90 4.29 4.47 5.00 3.95 4.01 4.40 4.40 3.14 4.51 4.54 4.94 5.33 3.77 4.43 4.44 5.04 5.44 3.93 5.24 5.33 5.43 4.32 4.71 S.'42 5.44 5.94 4.49 4.49 9 5.39 3.53 4.14 4.32 7.31 7.31 10 3.94 4.10 4.74 4.94 7.41 4.02 11 4.27 4.44 7.15 7.34 4.25 4.47 12 4.40 4.74 7.33 7.74 4.49 4.92 U 7.13 7.34 4.19 4.41 9.40 9.44 15 7.53 7.74 4.43 4.47 9.44 10.11 14 7.44 4.07 4.94 9.20 10.23 10.50 17 4.25 4.47 9.35 9.40 10.47 10.94 14 4.54 4.41 9.73 10.00 11.11 11.41 it 4.91 9.15 10.17 10.45 11.40 11.94 AMhoraga Araa Fairbanks Araa Prlcaa aubjact to chaaja without ootlca 4.03 4.10 4.40 7.15 7.75 4.21 4.27 4.74 7.34 7,94 4.42 4.47 7.37 4.04 4.43 7.00 7.04 7.57 4.30 4.47 4.25 4.45 9.35 9.79 10.54 4.47 9.09 9.40 10.05 10.44 9.14 9.90 10.43 10.49 11.44 9.43 10.17 10.73 11.14 11.97 11.00 11.49 11.99 12 .a 12.92 11.30 11.40 12.31 12.42 13.27 12.21 12.74 13.25 13.75 14.30 12.54 13.10 13.41 14.12 14.49 RFFRCTIV1 0/1/39 PAG* 17 V PASCO INJUSIKIM. INSULATION) DIVISION of riMCfcMAO MPe* Ftooucrs corporation $n Frnct*co, Cllfornl Alk FRICt EXHIBIT SSCMBMTAL Uvms: IX 20eh Frolo Nee 30th Frol> In 81m Hoc. IV Thk. *4 r 8 1.40 1.45 9 1.34 1.42 10 1.71 1.78 11 1.82 1.89 12 1.92 1.99 Crlo4 Frlc ptr UmiI Foot No*. r Thk. Ho*. 2V Thk. Not. 3M Thk. tom. 3V* Thk. IhM. 4 Thk. A FA FA FA FA F 2.08 2.28 2.49 2.45 2.80 2.14 2.37 2.39 2.75 2.91 2.43 2.91 3.17 3.32 3.53 2.75 3.02 3.29 3.45 3.47 3.27 3.53 J .79 4.05 4.24 3.40 3.47 3.94 4.21 4.42 4.00 4.34 4.83 5.09 5.35 4.15 4.53 3.02 5.29 5.54 4.73 3.09 3.41 S92 4.24 4.91 5.29 3.83 4.15 4.48 14 2.18 2.24 3.12 3.24 3.95 4.10 4.78 4.94 3.77 5.99 4.74 7.02 IS 2.34 2.43 3.27 3.40 4.14 4.32 5.04 5.23 4.08 4.31 7.12 7.39 14 2.44 2.53 3.43 3.54 4.34 4.53 5.30 5.50 4.39 4.44 7.43 7.72 17 2.40 2.70 3.58 3.72 4.57 4.75 5.54 5.77 *4.70 4.94 7.80 8.10 18 2.70 2.80 3.74 3.88 4.78 4.94 5.82 4.04 4.94 7.23 8.11 8.42 19 2.84 2,97 3.95 4.10 4.99 5.18 4.03 4.24 7.28 7.54 8.42 8.74 20 2.94 3.07 4.14 4.32 5.20 5.40 4.24 4.48 7.54 7.83 8.78 9.12 21 3.12 3.24 4.31 4.48 5.40 5.41 4.50 4.75 7.80 8.10 9.10 9.45 22 3.22 3.34 4.47 4.04 5.41 5.83 4.74 7.02 8.14 8.47 9.41 9.77 23 3.32 3.45 4.57 4.75 5.82 8.04 7.02 7.29 8.37 8.49 9.72 10.09 24 3.43 3.54 4.48 4.84 5.98 4.21 7 .a 7.54 8.58 8.91 10.03 10.42 24 3.49 3.83 5.04 5.23 4.44 4.49 7.80 8.10 9.20 9.55 10.74 11.17 27 3.79 3.94 5.25 3.45 4.45 4.91 8.00 8.31 9.51 9.88 11.02 11.44 28 3.90 4.05 5.35 5.54 4.91 7.18 8.24 8.58 9.82 10.20 11.49 11.93 30 4.14 4.32 5.72 5.94 7.22 7.50 8.73 9.07 10.40 10.80 12.01 12.47 32 4.47 4.44 4.13 4.37 7.49 7.99 33 4.37 4.75 4.29 4.53 7.90 8.20 A - Aachorofo Ar *F - Fftlrbtafc* Ar Frleoo mbjiet to ehoafo without ootlco. 9.44 9.54 9.82 10.92 9.93 11.12 11.34 12.58 13.04 11.55 12.94 13.44 IFV8CTIV8 8/1/53 FAOt 18 N r PAgu* I KUUS I K l A | WoULUiu:.^ UIVIUj.. oi UOAIOOAU) PAPR PRODUCTS computation Sm frncUco, CiUfornlt Aleeke P9IC2 KXH11XT OOGMNTAL Tm: IX 20th Proxlao * Net 30th Froslno Cerlo*4 Price per Lined foot 71m Oise No*. *A thk. F Non. 5" Thk. Ar Non. 3V thk. Af 0 3.44 3.47 4.34 4.50 7.33 7.41 t 5.02 4.04 4.91 7.10 7.00 0.10 10 4.39 4.44 7.30 7.44 0.37 0.49 11 4.74 7.02 7.00 0.10 0.04 9.11 12 7.12 7.39 0.21 0.53 9.25 9.41 Non. ^ Tfk* A 0.14 0.40 9.34 9.00 10.29 A.47 9.01 .72 10.74 10.4t 14 7.74 0.04 0.09 9.23 9.90 10.34 11.02 11.44 15 0.14 0.47 9.30 9.44 10.40 10.00 11.54 ll.fi 14 0.47 0.00 9.47 10.04 10.04 11.20 12.04 12.52 17 0.04 f.10 10.00 10.47 11.33 11.77 * 12.53 13.01 10 9.20 9.55 10.50 10.90 11.00 12.25 13.00 13.30 19 9.42 9.99 10.97 11.39 12.22 12.49 13.52 14.04 20 9.93 10.31 11.20 11.71 12.40 13.17 14.04 14.30 21 10.29 10.49 11.70 12.15 13.15 13.44 14.45 15.01 22 10.44 11.07 12.11 12.50 13.57 14.09 15.02 15.40 23 11.12 11.55 12.53 13.01 14.09 14.43 15.40 14.30 24 11.44 11.00 12.94 13.44 14.45 15.01 15.94 14.57 24 12.27 12.74 13.70 14.31 13.44 14.03 17.05 17.71 27 12.53 13.01 14.19 14.74 13.00 14.41 17.31 17.fi 20 12.94 13.44 14.41 13.17 14.27 14.90 17.03 10.52 30 13.32 14.04 15.20 13.07 17.05 17.71 10.44 It.30 32 14.40 14.95 14.04 14.40 33 14.50 15.04 14.30 17.01 A - Anchorage Aree f Pelrbeake Aree [ Price* ewbject to change without ootlce 17.03 10.30 10.52 19.00 19.74 20.52 20.02 20.7t KffBCTIVK 0/i/3t PAGE If \ fABCO INDUSTRIAL INSULATIONS DIVISION of rilMlOAAD PAPKR PROOUCTS CORPORATION Son Franclco, Californio Alltka niCI INHIBIT BLOCKS fcm: IX 20ch ttoulao - Not 30th Proximo TbUkMit 1 1*1/4 1*1/4 1*3/4 2 2*1/4 2-1/2 2- 3/4 3 3- 1/2 4 Corloot Prlc fr Kftrt foot *a_____________ n .303 .343 .343 .335 .321 .404 441 .547 .404 .444 .757 .434 .404 1.04 1.21 .442 .727 .402 .444 ' .443 1.12 1*24 mc ft so# it* A Anchorifi Atm F - nirliaki Am* 4*40 4.IS Prlcta mibjtct to cbA&B vlthout aotleo t WBCIiyi 4/1/54 PA04 20 r PASCO tNOOSYAUL INSULMlOb* DIVISION of PlSiSSOAtP PAPF.A PtOOUCTS COSPOSATION Sam Prone loco, Collforoio PtlCf 8XHIAIT ACCSSSOSISS CANVAS SteaSerS M - S o. xtr Hw Um r itltot No Chorso 71 n WootHorproof Jockoto (latest#!) 3 loyoro* IS lb. AspbolteA Pole (Cut to oloe aaS/or factory too ColUS) in # n in in lot Prlcoo for special wi|iit ueetherproof eonrlai of re* or asbestos felts vill bo flOttf VfM tlfMIt. ,. Prlcoo subject to obsess vichovt notice. IfWCtW S/1/5S POQi 21 t> J. ' i t j . . ,f> [ V ' , j . . , , f ' '<1 I I . | 1 * #')' t 4 '* p? ovioeo l** * . or b. a i./-u: . . . ' 1 . I ` * *. 11** .. u- r* undt r , m ntu* ! * o' dnuerf*' to . i l * M** 4 1 ' ' * d-1 w%n. - pot Ut ion aod/oi tlr*]lviy. enu alt i n *' *-' * * *i*d -'roe. *rw*t**ve *J < 1, / All .thill pi:iN tu fcllU air ' lUfr * b.. (0,1 l|MU -MrllV iy by .tllfft to a -pu n cartW oi , i th** Pr l*- r- ,u * I i^K**ut .. o if;i.viy 'o u *i rin oi v hi. 1* oUv-r than a *-yrwbr ain*-i . pw* tfc lWdy >: meh product . by the Sell* i to the cot rler or vHuri- . d*u:nat'u by t'uyri . icgatdl'* ' th** 'ora of bill o too In*. ?. Un *vent Buy r . .u* d, a-dugii , < l. cut t-> la o*v* n *>r Utah- tupt. *m:taln. a Tire loua. oi *aov** ot *ieuu . e /o.two tin * 1.i; :.tock o at tcltondi*e or any not * :.* o intent i.** to *ot teage oi tell o. pir'ita bii to**k 1 n tied', or <lxture. ui uk** '*qmf*ni t pw>t*M u iccoitk**!, i i uaio owing b* j ruirtr i Mli b** *: uu* anJ piyal-.e, tcyur-u*-. o' cred.t founded.* It i; agreed that uu Co 91 .ouuut rflil b** Ail weu <e pt u *c :oriasr'* .ti tio tet**d hetoi nJ ti4it 1t tut* it* t auy i- .oorip.u * Ute j, not paid at aaturity. >l*oul : i ' -.nUit b vi*' iejun*l oi \* uu 4itj.u'actory by oll'*t . w* U r rny nquin puytr* til or i(?cu it^ 4it4^ actOiy to .>*U . U-i'orc coaa>-nctna munu uctm** ot J- .lv-'iy o ' any u*-i -uiiO*m . to j* ceud iucli puyr*ut or ty loll riot ron tltut a ai r or k U.-i *a rt^lit if tc: to to o. and ;u b teMand. I- made, .bail nwt ittM thr* o* Buyer yit. n^ci to Aatd oid*i . & &- ll r 4% runt, til** ail ioor * iwll o j ri :uintjbi- |Uili*y a.-u ^iaill ron'ora to p>*`i\ latlou*. tk .oUici imnly, - piwf or u. la* oi otfter* 41 . <->*; . t u u> u:t; prMu t |-.xcept au i, ext- i-il.# /ib.il kiv in. :U U- r` . obltfatlou 1* *uu;**r #ia.l b- Ueit-.*d to Um n j-Uc<ant 4.'i*out charge . >.t. point o>' -k--Ujm*ci >-i u*t' Contlnntal vhiit**J 'uv . o' iiu.ur t -elucn %.o not covply 4iih th- ro;'cv.iu- warranty- proeidffU Uat in u) <*a:te -f^ * .ucb repiucen* be aadc ualcas 4% itt**j. claia tin re o b>* aid* u> tuvvi erti ia -u actab* a: tar the date oi iblpacnt by i>A r o' the p'vtoet: tn qu*- tlon- 3rilci ,. uartaaty hereunder ooea not apply to any produ t. lapruperly appll*d o: UJ**d or eblcn have w.*en ^ub * ctd V Buyer oi anyon** f-la to intentional ci n ^li^nt flue ot accident or uhtch have been nixed *ltb, or to ehlcb have been adi.* d, p-wduct. aide by other:). No warranty whatmevei9 expreaa or ispli.'d, by lie oi vto* rwi^ct 1 i aade by Seller with r*sprt to any fiht?t. acid b>*r*undct, tut not ivmu f'turrd by Seller. The obll^ fit ion. ot Sell t her*-uni! are In ll> u o ii* oth> r obligation, ot UabllUlc on it* part, whrtiar 'oi bt<ch of warranty or or bicach or contiact or any tera or condition th*r*'or. and Lbiy^r hereby waives any and ai cltla. or taaagc n<.t rued hereon, atising out ot', or in any way connected eitt, the ~aie of goo11 *t neither not eutborixcs any person to as^uae tor it. any liability whatever In conn*ction rflth the sale o' any producti cold hereunder, except a* 1 cxpreoaly act forth herein. ( h^rrundet . u . 1: . > .. . d i ' 1 i > .. ! \i Wl 1, ( . 1 .11 1 1X >`i11 ,, 1 > 1 ` - . % : m r.tx . Ml. * - i i ' . . 1 1 .11 i . ; i' .. , .1 -il ' ....... . V ' . . . .Hi 1 > t H ** , ', 4||| , 1 '*)b< * 1 . -1 any 1 . l' "HU f.JV 1 < i.ftl. 1' l"rf' ( : '1 >i. t 1 ' * 1 . i . .. I- . 1 v :. ` : ' 1 *. i u *'W ' % i'*. > Ht . m 1. 1 V a; p 4 H >1 n , 1 .Ml.* .> 1 i l t *. ->l : 1 r* <t 1*1' 1 d< HI 1 > >114. .y ; , 11 . . . n Ml stiiCl* U 1 \' , 1 a HI O i. 1 `. I- 1 .. . ( 1 Hli . r * * l . 1 i ` <*i 'he p. 0 u V4 tie 1 **; iv 1 na lit, II d*-v . * . < < * H*1 1 ' ! *'. * nr-- :.n 1 u *t : t' 1 * .j'*vrr:r W Ml. request, 1 !. J Up*.' t U'. J tir'> in. 1 < # 1 1 U.- t - m* t 1 t ... dd li 1 i w i . a to u,. uno< i iv *t ' 'i |*4H 11*; M. . 1 *i Ill 1 . . v ric . m shol* 01 in part y in tnt "V* nt that any ciaa ,houtd U* rre.i* vga w. ti** :* i;.t tt uny tine that, t*-'*'!.;- ot raking 0` eillnr uny of th gu<'*i <v* ru by . jo11 r mv at It; option ili' f upon. >m a? any i:o M: 1:14* t..f ,n' I ninnee of u ft rintfl- a p n>t dellv r*. -i , 0*. .ign. n>)U * oj otl 1 .1 vie*' p <* ir a to th* t l * jii : i.y < . ;ha! \ t> ol 1/ 1 * pon bi- 01 any ilioL.t ; p ..]*, th o"i. 401. fro* good u.ni I i h> IW1* , or any * on true* .o-; h.t !-. , mi* o. .* \u. *. * inquir'd ty iav or regulation, and notvitii tanjtng '..m . a. 1 * * it i< p rntativ*- My Uvf b en con u*t *4 th'i'on. C. vny .ale.; tax now In f'oie- and any tor, irpo t., kvy. *.uty, 01 Uki charge h* r-a ti Inpo-'-ed bv any govtrnaientnl 01 oth*i author ty upon th production, use or *1* o* any good.; orat*rad hereunder 01 upon th*. u>Uti'>i, rv.'huu or mehtneu or procu in*r th Mas*, and any increase in rp.t to Viler in i.u tcl.irr^, pioo* .inp or 'Ult/eriag any good.; ;old hereunder, ie ultinr directly fii gov< rnaant luptrvi ion, regulation or control, now or h**na t*r pr^-.crl^-i ty lov m in rorce, anc `<ting > U^i pro:ran* of It; obligation, hcreundai, t< a<ldnd to ti pu'l.as* prt *e aj ht*n*ln not*d or any revision;, tl.eieo* , and .`*)<all U palo by Buyer. , io camcfAr.dlao l.ipp*d to Buyer b> 3vllei 1^11 be rtturmu U Seller unlo^c . return 1 *xpreaaly authorl/.ed ana reque..teU by .`W'll.j . ny ullgwun** or eicbanntie returmd to Heller *iil be :,ub ect to a clArc;c o*' 10^ o the invoi.c price to cover the coat of handling and recon li tinning, or to tiit* actuil < 0 t of handling and reconditioning when ouch cout exceed.; lOi or .:uch invoice price, and to a charge for any transportation coato incurred by Heller on the original shipment anu/or the return, vmleaa auch return la duly authorised by Sailer and la ncceaaltated by a cause for which Sailer la properly chargeable. cV \ # ;: . .r . i> l ;. ' 1 . < . '* i . . r * t t wfM > p' . * I- r> - ' a.< nt . -/-a'l , ui.a^r 'hi, Um*., .* ! I . 1. .f . 1 . ` V. * M ' It. `i it **! >'t * f l ii^nti , Th# t*in- ami conni' lo.i . ^un;< ' . t . . 1 ' < 1 *' 1, t t . : , M.n lonca. In wfic.' vj m pai ' . <(* pt t<v An it !.* .1 i * r i1 injs - { 1 ./ *.* ,.* t i . Kt I rtC; He A**|loy`* o Z< M' la., hiiHoi U. .* 4 t V ` , V :11 u 11 y v 1 4 an / o tn*v u ii loit in tM n .,v, , HIJ * .1 IV \ l ' . 1 O. * , U > 4t\ iv r ry u* l. . o any Oi Kh-. . i i ! ' ' *v , ii ftaxi i. . * 1 *:i ). liny .1 a-i '"if. o', con-1 i* ton. h, >n .f y. it- * i ; ;. ' t *. o: c: nrf .r` **: * . 1 1 * .'!* * 1 I Mr. WayttJotaM -New York Piul 1. Vm Ouraa - IflM Qara P ICO ICAYLO OOHTIUCT JMly 22, 1*66 Mr. W. W. WM* lata Clara Mr. T. ft. Vo# *TM At your v'oquMt I loot rovfooJ our Afraaaoot (or Mailarnica sad Sola af Frtva* tea j 'Kayto* Maolattoa Futurti t Jatad Merck I. IMO. ^MJMgna.knnrj total Apcul 7. lM&aadDacaakai S. lMO, ottk Ptkcakoaid Pkper AratMrta Corporation. Tka foUovtaf art ay caauaatfa ad Marpraacloa*. ^Mgasmaar^ori 1V1 mtMiCi'MffBAAf UOtMAIIBff By a iottor oaad Pocaakac 5, IMO, tka arlgaal fkrafrapk $ aaa --lari to road aa follow ; * M^k-- Nrckooa loalraaot If la ay parked of ate coaoacadeo catoaiar atari* riartegtka tarai of Mia igmaao tea kMct rikt of tka ptkea par * ckaaad ky you (OCT) Matt arajria Mao tkaa $100,000Jkt aa (FtkroMird) Mall haw tka rttft a tarmlaaM tkla agraomat ky aottco pvai to you (DC9) at aay ttm* torla? tka ctlM>' moo* aaat au.coovhag aaku 6-Mack parked, atfactha apaa tka kaa tarlflal (karate ofcfch akatt aot ka aariiar tkaa 00 <tay after tea dac ouch Mica tegtaa.' Tka aola affact of tka aiaaatanaf aao to taccoaao ike altlnaa porckaao reeuiremat from $150, 000 tv $tf* ,000. TMIMATWH OP AORMMBWTIY 8TIW FATTY Hoomr, Nrtptfl i provftdaa : *i. Torwteaha Tka Mm of Mia ipra--t akaU coaaaea oa Aapiat IS, lMO, aa4 Matt cnadaua la Macs uattt terateattd by atthar party at ay tlaa pa at laaat ate ataihs' prior arkaaMlcoioteatehar*" Thoraforo, am If OCF akoold coattaua to bay the mteiinua pnrckaaa quantIftea, Flkrokoard could atitt arateott the Agraomat wtthat ay raaaoa upon ate month*' wrfttta aotlco. A.iVIU JoUa- ou Pipt ) hjkchasb op inventory on termination raiurfitpfc i./ provuki: *1 - ftirchm of lavatory on TonnkiUoi Upoa auyiirmlnaftoo thli ifriwt, you (OCP) Aall to ohtlfitod forthwith to purctooo ad pay for 'Kiylo ciktuoo illicit* proton (it cto price k tfoct torouokr it lorakotlni) ad Kiylo prttid email (at oitr roptter pries ti dtot M tormkotlcu) k our (Pltaroboird'i) lavatory upa tto koetlvo too at tto tonnkitloo, up to taut aoi otroorllig at apgra^aa nko at $100,000. You atoll tile* daltTory at tto mni tottak tky diyi iftor ouch affoctivo dm. (topkatf totod) U would ippur ttot toll provkiai could tovo ton more cktrly driwu u It to ouhkct to noaral ponttak tkorpmoUQM. OCP could irpa kot i purctooo of up to but oot nca+timm n argroaki of >100,000'' mm ttot i purrtoo* of ay it lavatory from $1.00 to SOO,UOO auld fulfill tu obU^Uoii toftador, If It an ktoodtd to roqulro am OCP pirrtooo to tto imouot of $100,000. tto word* "up to but lot Mcoodki'* otould Mt tovo booo uood. Tto counor cgimiur would probably to tto It cootanploioo OCP'a pu.cton of olltoc ill of tto do- -'.ttod kveatory or $100,000 worth, wtaictovot to ton. . U tto provision to totorprotod is oquU-my oi OCP purchase of $10<)9<XX> of Imatory, it cm mil to irfjod ttot CCP too tto ri#* to ooloct touch itoni toU to ketaadod k its puretain. Of eouree, tkk ritfm of ookcttoi would to of Halo vihto If tto toaorj did ot cornu ot koot $100,000 of krai desired by OCP. HQUMtaflNTO CCKTEACT Ao ort*uUy (kiwu k tfk taUrota 1.1900. liramat, Itara^to* $ pntotod: $. voder toll to your IOCP*o) rooulromiuN ttaoroof for oik oad/or tinllklfli k tto ttatrkM Woo--ra Sum, tockdkf Howtol md AUoto (taut lot kckdkf, oaeopt ot ymx <OCP*o) opto, dtroct Oovonmout od otor ooko), subject to tto tokaa horilialtor ot forth/* (Kmptoiti iddod) Mr. Ways* J * i t>|i 3 A Imor vrtcua by OCF dtood Morcb 31, i960. to cotolrm wtch PUroboud otaM li put *0 folio-- : niM I. Y Is to wRiiy iu wltii tot calcium tlllrM Bip-glu It Supply DtvttM. > --U or oto to --U M Supply Covuptty od/or U> Tht oripul Agrooaa-- u omooutod <a April 7* lMO. bp M aMMIa of M folloM* prortoi-- lu M --10--1 Ptftp|fe 3. 3. boro-dar MU Uj M rtqoirtoitnte to--f of ywr PMrptoo Bogtooortof ft toppty DM*-- For --to --d/ar MM to to Mm-- Womn Scot--, tocto Qa* Ho--U --d Alaska (aod too. toy--t o|to--. 3rt 0--nuoai --too. to-- --too to Arutto--g Co--racttog M Supply Comp--y --d Amato--f Cork FI--Uy -- Doc--itor 3. MO. teipo* 3 --o ropto--d by too tollootot t "3. Tbo or-- aor--d by toto agraam--f MU bo M tolrto-- Waotoro Stttoo. toetodtogHo--U--dAtooto. tort. --totoip--nto -- It oo atom. OCF --od --t boy oU of tto molraa--to from Ptbrob--rd. H--. If OCP ftoto to comply toh M mfil-- pud-- ro--fcro* mm to--d to -- --111, FU--b--rd boo M oftt-- to -ntoototog M Ap-- op-- totoy day* toil--. Up-- ouch fruit--. or ---- tomtood-- by Mr petty op-- too --to1 --toco, toiptpb I'o pronto--oea--orotof porebo-- of b-->wy op-- --r--toott-- --old como toto cporMo. ItoV/U <*? ftotiB. V--Bor-- Fh OWBNS-CORNING iberglas corporation 0 I M I A l OMICII f Ollto 1, OHIO DEFENDANT'S EXHIBIT # U* ws If Oweae-^oraiag Flbarglee Corp, 1 / QCH3XT A C_A_LCIUMp&SicILxICaAOTHENDINUSUULATION X*7 27, 195S Zona I COLORADO, Counties of Jaakson, Grand, Bumit, Park, Frseaont, Custer, Hu#rfer, Costello and all oouatlaa oast; TXXA5, SI Paso County only. Pipe Tnmil stlon Bloekj, 6" or 12* x 36* Single Shipment# 65,000 List Table 15 * 25 Single Shipments Undar - *5-000 Lilt___ Tahla 6 15 ftMl H > HI ARIZONA| CALIFORNIA; COLORADO (except Counties listed above); IDAHO; MONTANA; NEVADA; NEW MECXOO; ORSCON; UTAH; WASHINGTON; WIGMING, Count! of Rif Horn, Fraaaont, Set Spring*, Lincoln, Park, Subletto, Sweetwater, Teton, Uinta, Weahakle and Yellowstone National Park* Pipe Insulation Blocks, 6* or 12* x 36* Single Shipments $5,000 Lilt Table 12 * 23 Single Shipments Under 05.000 Lilt . Table 3 12 E-Q-B* Watson, California Freight Allowance Freight will be allowed at the actual or rail (tdd,chaver is lower) freight cr.argas from Watson, California to destination, within the territories listed above* Extra Charges for Pine Insulation Decrease Table Number by the amber of points shown* Standard Canvas* 4 Ounoa Canvas 5* * 6 8* black lacquered Bands** Weatherproof Jackets*** 11* I.P.S. None 3 6 7 9 2 12 Over lTTJafA 6 6 9 10 12 4 16 * Standard canvas regularly furnished for 11* I*P.S* end mailer* Orders for larger sixes mist stats whether canvas is required* ** Bands furnished only if ordered* &ctra charge covers 5 bands per 2 sections* *** Charges for weatherproof jackets also include and strips, lap ceaeat and galvanised iron wire for application* 4t 1# -/ k A 2- Itrai gf ftaunfc 1*, 10th Prox, Hot 30th Prox. Prlea Protoctlon Sm Attached Price Book Fiftt IM-2i1 ead Xtf*2:1t0 of current date. T#a day* ba/ bo oddod to tho tine periods ahoiA for filiaf with J-*U Johnj-Mairrlllo Sales Corporation Piberglas Oorp EXHIBIT "A" kioveabar 2, 1959 CALCIUM SILICATE IHSUUTIQ* PitICE SCHEDULE Zone I COLO*tALO, Counties of Jackson, Grand, Summit, Park, Freemont, Custer, r.uerfar.o, Costa: and all countias east; TSArt, SI Paso County only. Pipe Insulation Blocks, 6" or 12" x 36" Any Quantity Table o* 5, Lass ICS Tabla wo* 17, Lass 10* Zones H k III ASIZOiJt; CALifOftHIA; COLORADO (axcapt Countias listed above); HiAhG; HGwJL.A; <ZVA*A; i.EW HflCICG; OSEGOi.; UTAH; WASKIHGTOh; 'dYOMIriG, Countias of Big horn, freemont, not 3^: Lincoln,Park, Sublatta, Sweetwater, Taton, Uinta, `-ashakia and Xallewstone ..ational a Pipa Insulation blocks, 6" or 12" x 36" Any quantity Table wo* 2, Less *10X Tabla ..o* 15, Less 10/ ft Q d .istson, California Freig.-t Allowance r.eight wi^x oa allowed at us actual or carloat rail basis (wnichever is j.ot>ei J ire;-. *atson, waiifoniia to usstlnation, witnin t.a tej-ritories listed above* ut crucil^a oroars k1Cac up at aatson, California Plant by your car. or hirao trucu, :*o ini.r.c . llowai.ee will ba i.*aoe* axtra Chenrej ior Pipe insulation Lacraasa *able uab#r b.. tts nuaoer of points shown before application of 10% disoount 11" i.P*S. Ano baaliar Ow11" I*P*S* Standard Canvas* a Ounca Canvas 5 y * ft It It Banus***** MsaVtarproof Jackets **t wone 3 6 -7 o 7 32 6 6 y lu 12 u 16 * Standard canvas regularly i'umisned for 11" l*Pw ar.u s.-xiicr. Crders for larger siaas must stats whet, er canvas is requires* ** jands furr.ishec only if orderec* oxtra ci.*rye covers : iai.us par 2 sections* *** cnarRes for weatherproof jackets also incite er.c strips, cotnant ana galvsnizu iron wire i'or spt-lj cation* SXrXelZ "A' continued: -2 HOabr 21 1959 terms of ravment !>*, lOtn rrox, **tt 30th Pro*. Price rTotection See attached rric Bock Pages Ii*-2:1 sna IN-2:1:0 of current cate. ien aays ra> ce aac-=a to tne time periods shown for filing vltn J^-.. Approved By: Johrj4-.*nviHe oales corporatio:. Jonns-Xonvillt oales Owens--oming ibernlas GENERAL FRJCJNG DATA So IK.* I, Muc ;iRMS Or PAYttfiNT l. Vetted ftores, T M. Cmijt 0 Jfd^fcfpef Coens./ IS 34 days. c*l> deys-bsolecitj riA,Io Fire Bock, fit glob, Flat Tactile, asd Refractory (esciosittsf Fizeite F*). IS 101 \Fireicc w sh Wd fro* mioes. Printed inquiries sri be changed to 2. Xofhwods, Xotfrood V ' Net 50 day*. No Mk /* CeeelFwcW l/ntts-Apptted 7 < pmr*gr*pP) mi**Qi ` (T>fl4. 04r Ckiiti Hpj is 10A pres. Net 7 J #c'ptkm$: Net )0 NU(il| s TfSOSiU (esduoive d D Fireite and Stove tS d*f. 30 dayaS*dfio# Ce tte wbee Aipped (Rbdueive of ahipaeots a idflrCMBMt Units.) biimHwl Divitise. NOTS: Cda* 4ichM ary sAlbe dedbcied fo or4di|vT mO priest or Nuaoal %f Him Mc#S *7 boyar, bciwii I/.J. 4i All prices ore swbjrrr m event >tf * price increase J quoted er mM oM price*. is crease elKnofilled orders will be ia iffict im acock. of tkipMit. Na rebates ftp f4ci Bmie Aaooaa PtICfi PftOTCCTlON I. Applied ConJrscf Ts/es--fnselntto* Coaster Vmiti mi /* Cmatrmtim Vetts; free oiso pm* gt%pk tu mi w. S. New Propose/* oed Con/reefs; J-M Coostrue doe Unite, to properly protect Johas-Manvilli against furore changes io coat of both laboi sod materials, are authorized (ia accordaac wiA Solos Bulletin 3131*32 doted Aug. 1? 1940) include tbs following clause m al contract proposals: '*110 pries quoted borois ia boaed oa Inbo tocos, As wholesale price for J*U materials At pareboss price of ocher materials, treat Mrtsdoo sod ocher costa, used for this jot to effect as this decs. Should the a* rotes prices, and/or costs increase or deereaa prior to Ae completion of the job, the pru posted hereto shell be iocressed or decrease accordingly." . UeeUcioo Cootract Uoics may aae the shoe font if they so desire. A Lamp Swm mi limit Frier Comtttcts py tnsm Him Coorroci t/stts cod /# Comurmctio Cotta will bo esteoded sis (6) Booths pric pentaction oo Zneuletioe Materiel* furnished e these Uoics to coooectios with Applied Cootrsc lo At event of o price edvsace, Insuieciot Contract Uoits will be protected at prices u effect prior to Ae advance oo all iuap-sui aod uou price cooexacts esistiog at the tta of advance provided e list of sueh ccorrect is filtd wiA Ditisioo Headquarters withio ter (10) doys after oorificacioo of such advance This liar mess shew same esd location of la suJarioa Coocroct Uoit, same of job. aod quae titios aod sisos of J*M Botetisls to eaccur eocb job. Uoe "Price Prorectioo Notice,' fora 3199-20. Issolatia* Contract Uoice will be allowt thirty (30) doys from dace of price advance close sotstanding cootract propoasla. A li of sock proposals, giving oame of job, qua. acies sod slots of J-M arterial a required su bo filed wiA Divisioo Headquarters wichi too (10) doyo after .soeificatioo of price e vaacr. All sucb cootract propoasls actual cAosd MSt bo reported to Division Her quarters wiAia forty (40) days of oociftcati of price odvooce. Use "Priee Protect: Notice," form 3199-20. Shipments and billu oo ell such orders ore to be made withia i (6) Booths of dote of price advaace, subi< to established terns of payment. Cmtinmti on /of/owing page (IS-2- t-Oi 11 Moot to flM Ib-iHIm M^nlm^ot M tettMttA * 2? toga * Mok kUw Ukk a* % oiaa or kk l^a iaoyoota* aA* If anllonu, amraut tmrtwi, Oak laopaUm UI to nAo Vtm will turn fkr 01M of to* atUUo * . an M#d a SiiSl'kiU iMan MT 9 A. Utkn omd a oakrollaA olM* Atmtly a latlmtly ty Mia a a oapaatta MIIaM Mk Mia, at Mil la aaOoa W i^v ptnrl ay Aina# ait* a ma kMd a a a11>I Ififrlnt--ni of mqt oak Utla W1| jmrlAoA* fcaaa, Mt l^r iiU fa* nri smd7 9a Mia n M my irltki aoUn Mw a? fain a aa oak Ilii, mLU a atlao aA a ad tray #pota, moos a ckar jwaa a ait tank an tqnr la wnma tterowltk aA MU tM a ana ilk rnpat a aar nk atln, mlpnm, am a ok pma a ait ntkoat flat itoknag Mia1 s rritta aanMj aA yirlkli fortfca* tkat Mia MU ton tto ri#t to laAograo a a atr tofMt la a M nt a ntioa nA a oaMtlat M Aafaoo tkaaf tor iwbbiI tf lka Matin ai of offatIn ay wiraiM aA/cr iitll--i a aor ah tot a aka a oak tom a it ay Mb oAMoklt. Zb akiat aqr paMoo M lira Ma at rnnatu a nUktr of oar point. lyv naan Ml ray n--Willy fa M M taoy tzwto a a tvaio ark inlfitil tgr toga fa ao a oalA labolo. t, ti anr ^------- " ^ ^^ a a aft ay to ate nwat too toga's rtM ato, pronAoA, fcjnror, Ml taa pmlWtm MU at Mini to ay oooiaaat ty ttao Mia a oar aain M Mania, abA provldoA fatka Ml tklo aokUitla MU ntpmnt M Mia fra MjattAy to a a (praTof Mla)1^^^ ^AaMBBtySMa Ml ;jju tl,U 3 to k. 5. 150 a* pix* or rlrnta 90 a ISO at* plut or aizitf 30 a 1.# plat or wiai* %8a- * _ . A Iftl--poi of plat l/l6* 1 VIA" far 8" Pa a* pip* rtso. AMBTDXD February, 1959 EXHIBIT C Specifications for Hydrous Calcium Silicate Products covered by Agree*Q datsd May 13, 19SS between Johns-Manvilie Balss Corporation (tU#r) end Ovens-Corning Fiberslas Corporation (Buysr). 1. Density - pcf Based on Average of 9 samples taken at random. Dried to constant weight. Pips Cover Ins * Block 12 lbs. plus or sinus 2 lbs. 2. Modulus of tupture - psl Based on average of 5 samples taken 50 lbs, minimum at random. Dried to constant weight. 3. Compressive Strength - psi Based on average of 5 samples taken at random. a. To product 9% compression Dry After 24 hrs. at 1200F 150 lbs. plus or minus 50 lbs. 120 lbs. plus or minus 30 lbs. 4. Linear Shrinkage - % Based on average of 3 samples taken at random. After 24 hrs. at 1200P. 1.99 plus or minus .3% 5. Tolerances Inner Diameter: inside diameter of pipe covering shall be the same as the outer diameter of nominal pipe <outer diameters) subject to the following tolerances: nominal Pipe SIme 1/8" thru 4" 4 1/3" thru 7" 8" thru 12" 14" thru It" 20" thru 24" Tolerance steel Pipe nominal 0.D 0 max.------------------ Min. T7W" 1/8" 0 3/16" 0 1/4" 0 3/8" 0 Thickness: Thickness shall be as shown in the table below. A tolerance of plus 1/8" minus 1/16" will be permitted. Where insulation thick ness is furnished in two or more layers, the total thickness aha be the sum of the actual 'thicknesses of the combined layers. * Telephone. LFjcwpom 2-7600 Joki\s Maiwille SALES CORPORATION INUCSTtlAL INFLATIONS ENVISION m .V > >' 22 Fau )tb Stree New York 16. .S Y May 27, 1956 ia'8D.CIS8lW*,B wW 28^ X. T VlXliMM Oweas-Cornlnf ttberflaa Carp* 1633 National Bank Bulldine Toledo lf Ohio Dear Hofht Attached are two ooplaa of the proposed prloaa on "Kaylo* for the Paolflo Coart Divides* This will constitute fechlMt "A* of the iimwit* If satisfactory, would you please sign one eopy and return to os* lsv7 truly yours. , Ties Provident ehandise Maaofor JHJ/ta SXZB v? 1A 1-1/U 1-1/2 2 2-1/2 3-1/2 M/2 7 HKTBTT V (AS HAWFACT/MD BT JOH-*AWILLS) pi?l as* tubs imsuutioi - is? prics/ui^al foot ten z - La ffgcmas - am un 1-i/F 208 05 227 .663 Ln 522 :S .$67 605 $ .662 .716 UT3 .775 .567 *632 .ok M6 662 .965 .756 1.060 as 1.106 1.556 1.65b X#7M U9C5 2.126 2.220 2.362 2^7 * .70S .756 10) Ml jm .*5 992 1*087 U161 U6T6 1.370 1.U5 1.607 1.766 1*190 2.079 2.266 2.100 2.552 6.05 2.977 3.119 3.260 34 3.561 3.760 3.922 Iu061t U.158 WS53 i-i/r Jk5 992 1^0 as 1*121 1.276 1.U6 1.552 tE 1.965 2.126 UM !* 2JII 3.0* 3.213 3.591 3.760 3.969 Cist iu3u7 6.536 k.725 h.9U 5.103 5.291 JU3k UUh 1.176 M ttP B C C tJK tS e C P B v. v* r WA Wi t M/I M/I S' 6 l 2XKiarf UILO* (AS MAJN7ACTVICD 81 JOKMMUHVZLLS) Pm AMD TUBS DiSULATtOV - KBT HUCVlDGAL FOOT ZONE Z - CARLOAD ttZODIPS - SIMM ftoTg sOM .as iStJtt ,S7 !S 513 9* S2 .999 iS .701 :E.513 .556 jm as1.15k 1.796 1.9* 1.009 1036 ttt3 M* 1! Mg USIl 1*00 tJSo iaiSs *& as as asJ.6T7 VJ* xw 1-1A M/> t 1-1/2 H k-l/2 EXHIBIT KATI0* (AS XANUfACrjlffl SET JMIS+JWTU1) Vin AMu TUBE DFUUfiar - BIT PrtlCI/tDfUL poor zans n * is a twinm**; . mm yni 1-1/2* 6-1/2* U5k ty JJk0*D92T Mk m .59 SB S3 .54617b 470 7t3 .776 m us 48 Mb .70* fro l-0$8 i*in X1ia..S3$*U3$t 14 1.652 1.965 Iuu.0wmTs3 Mi 706 .750 462 uanu6 1uU*1Tn093 SS 1.6)2 1.76b !*> 2417 2.2k) 2U.1661 2.770 tm )A) 3.175 3.352 3.526 3^60 3.753 3.661 3.969 .M2 9M l*5tt7k0 1.05I 1uL4rl1ln)) lm urm ts SU7 uu20km5ro6 1.622 2.999 J:jS 3.70b ts b.23b b.bl0 b.566 k.763 b.939 5^72 * 8 t t 0 8 e 5 P t f v TOT ISL jf/tr X i-ja 1-1/2 t t-1/2 M/2 EXHIBIT *A "U2L0* (AS KA*UFACTVHE1> 0T JOHMM4A*TOU fl?l AID TVS OBUlATXO* 1ST HICM/UMHAt 9QDT n4 233 M2 292 m 3*0 3*9 437 456 .563 432 640 776 zoos n * zzz - ia THIOOBSS - ang,* uzm i-i/y 447 1*6 50? 54a 583 400 .739 .797 ^55 914 .972 IM9 l*3i6 1*512 1-itSB X.6Q1* 1.7V 8.**1 2.X87 2.201* 2.1*30 2.52T .( tuff 2479 272t 2*945 3*130 iS ts IwOBI luOftt w*n L.666 I*.860 $l22> $.U*3 l^tlT as 1337 as 1*193 tJOO 2.6* 1,(02 xuitt 88 j.** w*n it.ni* u.m $.200 <u*u 5.638 5.832 VTT5 6.3X8 6.561 6.Kil V, mA M/I M/2 b* irm ir a "1UTL0 {AS HAHUrACTUTD ST JC-ffiCWULWILLS) socz xxsuutidi - xsr ?mai/XdBni root q;------------------------- --m-- .tfc 4* .2Xk on .XX joi .tt0n .rati .** .01 JO. IMJHS ZOOS SID .* .3U> X sw :Si 46$ .13$ .XT Mf ..6n6tt ns bOX mebiN ! wA> W: t 1-1/2 3 -aA A x-i/* t t-l/2 -Jik'Mj* (AS MAtflu'*crUHhLi ST J<jMS4<JXmiL) BLOCS DC OUTIO# - MiTT PkICS/WA** FOOT AKHOUCS, AIASIA ------------------- nr 273 .1*C? 51*5 602 CIS 9a. 1*091 FAnB/JOL5# AUA 269 .3*0 14) 576 722 .0*7 l.UU Xl5o PCTT 3XZX mA m/i t 2V o *uas? *4* uno (as lawfAcn/atu sr *wuinitf) PIPE ANd TOE XNSUUTXO* XST motfjtfSAL FOOT P42RBA)a% auia - a 1MXCX1BS5 ^X U IP 1-1/2" 2* 2-1/2" . Ok M* *244 .1*96 275 529 .30$ .570 #336 .610 851 712 .b$8 .773 .509 .8b0 32 89$ 956 712 1*017 814 1*119 1*280 1*373 1*526 1*678 1*780 1.881 2*136 2*268 2*390 2.90 2.4b 763 814 .86b .915 .966 1*017 1*066 1*170 i*m 1*373 UTS 1.576 1*729 1.881 2.03b l:E 2*593 2*7*6 3.051 3.80b 3.356 3.509 3.6a 3.865 b.068 b.221 b.373 Iub75 b.577 1*017 1*068 1.119 1*170 1*280 1*271 1*373 1.526 1.071 1*631 1*963 2.136 1.288 2*bbl 2.593 2*846 3*102 3*254 3J& 3.165 lu06l b.271 U.U75 b.678 b.882 5-0*5 5*288 5.1*2 $.695 5.8b8 3 1*280 1*475 1*576 l*6f6 1*760 hS l;S2.2JT I.7W6 3*.8*0?4 3*456 3*712 3.966 ClTO b.678 b.fa 5.1*7 5.bbl 5.695 5.899 6*XOt 6.356 Mil 6*665 7*119 amis 4 $ naftXT H* uno ACC&PJORISS ia vm x IT UTD W -- U004 UOX .m X.OM XJOQ botb M/I ISi vEHtraroor item* uo53 lOt? CAWAfl Standard 6 M 6 OI KKIBIT U* kaylo Arris ^ORiaa D jUB DOf? * 131 909 tfU .936 BAN JS *-!/ P*r w'jknr-r'Fxor juatrr- .814 .963 .999 OITi3 atg EXHIBIT mk9 IXXLD ACgSSOim^ cl fAixaunu -- 1*060 1.0M X.0TX 1.107 1*125 l*0tt VBATKE9JOOF JAOKT9 1.12$ 1*161 r% CUVVA* Standu* 4 w* . "A" m.Tto kccr. -o',iis IA VK H 4 III vrvrmi-- napn; ct UOJ* uaSi 1.014 1*044 1*010 \rrkTu. Tfnxr juxstt .90. U040 1.1X6 count um Accgaocii cQggr u* UA M. \ Exitri tin k Urr*rw * Ioiins * Man vi m.k r* / 'r Cokpokation rwr.\r\*nHi iant hwtikth *Ttr.rT M > ( ll< * It .. \ % . February 29, i960 uwens-Corning Piberglas Corp. Toledo lt Ohio Attention: Mr* J fc* Uriley, Vice President lie: Purchase of uydrous, Calciua Silicate prouucts Your tetter February 17, 1960 oentlenen: letter* i'Uis will acknowledge receipt of your subject ;.e accent your proposal to terainate, by mutual agreement, the purchase and sale agreement as outlit eu in your letter of February 17, I960* Very truly yours, Don t* Hinson Vice President u General Manaber Industrial Insulations division / t \ Nr. * Sft&t* Cltr* MbMMy 17# 1*0 fi Bfcft both ItiMt *v M 16, lT tim thu vili it tfftotlvt Au|ut 15# #* * *7 13* 1*6# Jhr It 1* imOamcwl ttet Mgr millltt ite bib ob four book* m iw^iat 15# 1*0 vlll bo Mljpoi to %qr tmljr fwrv# __ M au^(wjt< /) I AQUllMllf nzs AOR2M0, nde and entered late u of the flrrt day of January, 195* tor cad bctveec Sm Baole-Plcher Co^axor* an Ohio Corpora tion, hereinafter referred to as B^le-Picher", ud Ovens-Nomine Piber*la* Corporation, hereinafter referred to u "Ovens -Comiae". VITXESSSS: XT IS ACRBD AS TQLLOWSt (1) DSOtimOH CP HBXVCX5 (a) Ttoco Mineral Vool Xnsuletl&c Ceaest" la defined as a therml caaexrt aaaufactursd under flatted State* fbteat * Bo. 2,237,7*5# packed la 50-patmA aatlvall papar bes bearlnc said patent tutor* (b) "Penco AH-Purpoaa Ceaeat* la daftaod as a Slagle coat, quick setting, insulating-finishing ceaeat, packed la 50-pound baa. (2) KTOBUMBOS tegls-Plcber vtll saaufacture for aad sell to Oveas<ornlng aad Oven*-Corning vlll biqr froa Mgle-Plcbar, Ovens-Corning* requirement* of those saterials listed under "(1) BSCRimoi OP mowers" as (a), (b), such coModltles to be wdar Oven*-Corning' trade arks and labels. (3) hoc* a woe Prices sad tens are set forth la mbit A, hereto attached sad ends a part hereof. Prices any be revised by fcgle-Flcher froa ties to ties on giving notice to Ovens<ornlng. Xa the evwt such revised prices should be unacceptable or \eisati*factory, Ovens-Coming eay cancel this sgrfrnt f: DEFENDANTS EXHIBIT t by giving fcgle-Plcher notice is writing within thirty (30) days after receipt of notice of neb revised price*. (t) quality Comoditles covered by this agreeneat shell eonfore to ttgle-Plchsx't standard sales specifications which apply to Mid coenodltlee generally offered to the trade by MgleFleher. Zb the erect such epeelflcBtlooe are Modified or changed by Kgle-Pleber, each codifications or changes shall forthwith be coainicated to Ovsns^oraing. Any elala for defectlre atarial, l^erfect aanufacture, shortage la cowt, or for aay other cause, shall be presented to lagie*Plcher by Owens-Corning within thirty (30) day* after Ovtns-Cornice's receipt of such elala from Its customers, and do dala shall be sade for consequential daaagee. ($) sanmfis Carload and l.e.l. shlpasats will be mde frea tlas to ties as the wants of Ovens^omlng nay require, provided Oveas<ornlng (Ires to l^ls-Flcher reasonable notice of the mounts of such shlpaeots to enable mle-Pieher to sake and ship seas. (6) cosnxnczB Causes beyond the control of either party, such as strikes, fires, casualties at plants, or other difficulties which sake it Ispos* alble to fulfill the requlxeaants of this agreeneat, shall constitute an excuse for dob-perfozmace during the period of such disability. lagle-ncber nay add to the price stated herein aqr taxes or other charges laposed by gnrsmnentel authority upoo the sales, shlpnsnt, or use of said eosaodltles. -2 * ( (7) Bagla-Plcfear shall protect tad Imliify Ovaaa-Comlag froa tad against til dalaa, daaagaa, Judgaesta, create* tad lota aris ing froa tea IiiPi lug--nl or allagad infringement of tay patent of the United States by toy of tea goods dallvarad baraundtr; bet tagla-Plcher ikM not vamsfc against lafrlngaaont by reason of the uee thereof la combination with ether atterlala or la tea operation of procesaj tad lagle-Flchar ahall defend or settle at lta own tTpanat any suit or pro- brought agalMt Owana-Coralat for auch lafrlngaaast, prorided ttet lagle-Pichar la aortlflad pro^rtlor la writing of tea rnnri.ant of such ault or prnneeillTH tad la glrm authorial information tad asslst- taea by Owena^orniag for tea defense or aittl tnt thereof* (6) SUMSXOB this agieaesnt shall ba operative for t period of ooa (1) year tad ahall ooatlana tear*after, subject to termination by tltetr party tt asy tine after one (1) yttr subsequent to tea data of executing haraof on giving tea otear twelve (12) sooths' aotlea la writing* Za tea anrant of tendnetlon, Omn*<oralng abtll purehaat fro* fcglc-Plcher at fegle-Flcfaer's coat such bags tearing Orans^ornlng Urlgn which lagle^Flchar nay bare on band at tea affective data of such (9) Assxnuci TO BS rasSBB) BT BU2J-FIC8B hgla-B&tear will furtdah to Owens^Vvrnlng (a) Such aalaa help-tad rounsal aa tag!a-Plchar Salaa tad ftiglneerlng Depertaasts vy te equipped to afford. (b) Standard aiza staples, froa of eharga, la packages which will te paid for by Owens-Coralng, ?*0*B*, Joplin, Missouri* 3- % { (io) aasxi SU IpMMBt thall *0t W tMl^DObl* b/ titter port? uIms tte written. consent of tte otter Is flrvt ted sad ofetedaod* (11) OEM iABBCB tract otter 1te& stem terala* Beoevted la A^Ueiti as of tte day and /oar ater* written* SB BU3U-PICDR CONFAB qmawUCMB TTSSCLAB OQKFCRAglOI kgomi magnuicRs1 acci list PBCO chul POOL PWCO ALL-KStfOaX c Cviwt Sagls-Plcbtr T-l (Distributor) Pries, Um 12$ of Pohlisbad Pries, Carload or LCL, 0tb1}act to tbs Pollovlag Conditions t 1. ordsrs only rill bs aeoeptabl* la tbs States of Montana, Vyouij*, Colorado sad kv Maxloo, aod aqr states vut tbsrscf 2. Praigbt oa carload shlpaasts rill ba allorad 19 to 80$ par art. sftar qvallslng frslgbt from Traetcn, Bar Jersey; Vankegan, Illinois; and Pittsburgh California, rblcbarar is nearest to destination. 3* Praigbt oa LCL ablpneot* rill ba allorad up to $1*25 par art., aftar auqgllilag freight froa Tnctoe, Bar Jersey, and Vaukagao, Illinois, rfalotevar is nsarast tost1 nation. i. la all casts, tbs 22$ dlsoout rill apply oa tbs pbllihsl pries of togla-flotar Bqpaar "66*, la tba oasa of sttlfnts of Panoo Mineral Wool Casssth A oa lbs rA,4a>^ partes of B^le-Piebar One^ote Coast, la tbs east of sbijnsnU of Panoo All*Purpota Cint. Vhaa tba dasttagtioa of a ahtpnast U sock that azoass freight (orar and abort tba frei^rt allowca applieabls) is charged, ao oovlssioo * THE EAGLE-PICHER COMPANY Insulation Division AMCtICAN BUILDING. CINCINNATI i. OHIO Jol7 22, 1963 Mr. To* C*boll Ovono-Comlac flborgXu Corporation 717 fifth lTBi kv Tort 22, k> Tort JU'l 2 r IS53 OWEn$. r.D/>*.wG FiBERGLA3 COR?. UO. 4 PaT*nT tHM dobjocti Sftclo-Plobftr Trod--rt Tob-Lok* Doar Tofti Ploooo oonoidor this lottor m aatfcoritotlon for tho O*ono-Cornin* flbor*loo Corporation* ut|i of Tho Ztflo-Pichor Trodofttrt *Tab.Lok*' vfcoo proporly idootifiod m a KofUtorod Trad--irk of Tbo b(li. Picbor Colony. Tfao frodomart Hoclatrotloo tabor for this noao i 657.9A1. Siaooroljr, THE tttt-PICBBt OGMPAJVT r >Jaha P* larriortbo Oooorol SaIm Moaocor ladoatrlol Initiation m/m oei Ifr. Jtoo B/ruo, OCP, low Tort oivmom or thb lACtincHt* company CHRMIIAIA MCTAU DIVISION. (>mi. 01m CHKIAfSO VITHROUA OUtAOtATKJ*. KMIUA niMt'IV n>f l.i#, Mrtoi INH TtON 0IVWM1N. (Mtwmm. < Wf. OHM ACMUM t *.*-** to Joe Stancati subject EAGLE-PICHER - OCT intra-company correspondence from Duane Callender data September 10, 1979 In answer to interrogatories that were filed in asbestos case pending in Birmingham, Alabama involving a claimant by the name of Manuel R. Williams. Eagle-Picher gave historical breakdown of their agreements with OCF. There were two product lines that were rebranded under the OCF label. The first one is Super "66" Insulating Cement and was labeled under the following OCF labels: OC-660 Insulating Cement FC-40 Insulating Cement Fenco Mineral Wool Insulating Cement The interrogatories did not indicate the dates the agreement was effective concerning these rebrand items. The other article was One-Cote Cement and that was rebranded under OCF's label as OC-110, SC-30, and Fenco All Purpose Cement. These interrogatories do not disclose the agreement dates for OC-110 and SC-30 but do indicate that the beginning of 1958 was the year that Fenco All Purpose Cement was rebranded, and they are not aware of an ending date. In this particular document, made a part of the interrogatoric they note that One-Cote Cement did not contain asbestos prior to 1961. In another part of the Interrogatory they were asked the approximate asbestos content of each asbestos-containing insulation product manufactured by the company. The following information is given: Product Super "66" Insulating Cement - 1931 - 2x 1950 - 9X 1969 - 3.5X 1971 - OX For One-Cote Cement they give the following: 1951 1960 1961 1968 1971 OX 3X 5X 3X OX They go on to say that while the company no longer manufactures asbestos-containing insulation products, that when they did chrysotlle asbestos was used exclusively in the asbestos-containing Jo* Stancati September 10, 1979 Page two lneulttion products except for * email quantity of amaeite asbestos which was used in some of Its cement in 1950. This information may be of some use in the future. / DC:fX l t ^ ui o 4) *9 & g ** 0U 004o 2^ -The Follow ing was retyped f r o * Ea&*. - lc h e r 's Answers to In te rro g a to rie s in the Sarny Grgy Case Groton, Conn, Fenco M ineral Wool In s u la tin g Cewent wS Ois * - s *; 5 wMa *j. AOMIXMf THIS AOtaOf, *de and atred into u of the first day of January, 195* tor end betvsan She lafle-Plcher Colony, ea Ohio Corpora* ticn, hereinafter referred to ee le*Le-Picher", end Ovens-Comin* Piber*laa Corporation, hereinafter referred to ea "Oven*-Coruin*". vnx&ssos: XT IS AOBD AS FOLLOWSj (i) DBCRiraoH cr roducts (a) "Tenco Mineral Vool Insulating Ceaeot* ie defined ae a therml < *!**< ceaest easufactuxed under United States latent o. 2,237,7^5, packed in ^O-pound aultlvall paper bag* bearing eald patent sunber* (b) "Ptnco All-Purpose Cement* la defined as a single coat, quick setting, insulating-finishing ceaent, packed in 50-pound bags. (2) RSBmUMSOS ftgle-Plcher vlU aaaufacture for and sell to Ovena<ornlng and Ovena-Comin* vill btqr from Isgle-Picher, Ovena-Coruin*1* requirements of thoae aaterlala listed wder a(l) MBCRIPTIOI Of ffiODUCTS" as (a), (b), such coaaodltles to be under Ovens-Corning'a trade mrka and labels* (3) RXCS AID SMC Prices and terns are set forth la fthibit A, hereto attached and aade a part hareof* _ Price* nay be revised by Ihgle-FIcher from time to tier on dvln< notice to Ovens Corning* la the ivnt such revised prices should be unacceptable or unsatisfactory, Ovens -Corning My cancel this sgr> ament DEFENDANTS EXHIBIT M___ ty giving *U*Pichar MUet la vriting vlthin thirty (30) daye after receipt of notice af such revised prices* (t) QUALITY rtTrullli ni covered by this agreenmt shell conform to ttgle-Picber's standard sales spedfieetiooe which apply to said coenoditiee generally offered to the trade by B^Le^Flchar* Id the erect each specifications are aodifled or changed by fcgle-Picher, such aodlflcatlooe or changes shall forthwith be ccaulcated to Ovens -Coming* Any dais for defective aaterlal, ij^erfect nanufacture, shortage in count, or for any other cause, shall be presented to B^le-Picher by Oveas^oralag vithln thirty (30) days after Ovens -Coming! s receipt of each elai* fron Its customers, and no dale shall be aede for consequential daaeges* (5) shwowts Carload and l*e*l. shipments vm be mde fron tine to tine as the wants of Ovensdoming ny require, provided Oveas^oralng gives to Bsgle-Plcher reasonable notice of the anounte of such shipments to enable fegle-Picher to aake and ship sane* (6) CORIBBCUB Causes beyond the control of either party, each as strikes, fires, casualties at plants, or other difficulties vhlch mka It Jj^oesible to fulfill the roqulreaante of this sgrss--nt, shall constitute aa excuse for non-performace during the period of each disability* fcgle-Picher any add to the price stated herein aqr taxes or other charges Uposed by gnumnentsl authority upon the salee, ship* ant, or uee of said oonodltles* -2- * . (7) BOWtB lagis-Flcber stell protect and Inrtiify 0*easComlag from and against all elaims, damages, Judgments, expense* sad loss aris ing froa tha IiiPi 1m--iit or alleged laftingmt>rrt, of any patent of the United State* by soy of the good* delivered hereunder; bat togle-Picher does not warrant a^lnet Infringement by reason of the use thereof la caefcination with other materials or in the operation of azgr proeeea; aad fi^le-Picher shall Acfsod or settle at its ova sTpense any suit or pro* *m*Ai*l brought agali*t Owsas-Cmdag for such lafrlngmeant, provided tit legle-Picher is notified pro^ftly la writing of the rrmmwri1 - nt. of such suit or iirnnssitlng aad Is girsn authority/ laforaatioa aad assist ed* by Owens^orolng for the defease or settlement thereof* (8) nsuszoif This agreement shall be operatlre for a period of one (1) year aad shall ooatlane thereafter, subject to termination by either party at aqr tin* after one (1) year subsequent to the date of executing hereof on giving the other twelve (12) snathe* notice la writing* la the swept of tar^nation, Ovwns^oralag shall purchase from lagle-Picher set Bsgle*Pichar's cost such begs hasring Oveas^omlag design which fcgle-Flcher nay hare an bead at the effeetiwe date of such teradnatiau (9) ASSI8SUCI TO BS KJRXISHZD BT BMU-EtCBBl lagle-Picher will furnish to Oweasdoming (a) Such sales help aad counsel as Sagle-Plcber Sales aad fiiglneering Department# nsy be equipped to afford* (b) Standard else Beagles, free of charge, in packages which will be paid for by Owens-Corning, ?*0,B, Joplin, MLsaourl* -3- % (10) AASXi ffcis tell aot ^ by titter ptrtjr oaleos tte written constat of tte otter 1* first ted tad obtained. ftert Is bo ndorotaadlac or acrMtest ratardiaf this eontract otter than atevn teraia* feaevtod la tepllcata as of tte tear tad yaar abort vrlttta. ASOBSl SB aUSLZ-PSCn 0QMSUQT 1 nmnr akm gom-cmxzm ttseclas ocmpaunog mgomx. mgggaffORs* wqci us mo XDBttX. BOOL CBJ )t FHCO AXL-KBF06B CMS ) Current Saglo-Plchor T-l (Edotributor) Prieo, Uw 12$ of ftihllahed Price, Carload or LCL, Subject to the Follovlaf Condition*; 1. Carload order* only vlll bo acceptable in tho 8tatoe of Montana, Vyo^j*, Chlorate and Bov Na^doo, and azqr etate* veet thereof* 2* Freight on carload ehlpnesta vlll bo allowed up to 800 por cvt, after equnllsij* freight fren Trenton, Bov Jersey; Bankers, Tilt nolo; and Pittaburg, California, vfcicherer U naarnot to dertinntion. 3* Freight an LCL ehlpnexxt* vlll bo nllovod up to $125 per art,, after euvllUng freight fron Trenton, Bov Jtrwy, and Vautsgan, Illinoi*, whichever lo nonroot ileatl ration* b. in nil eoaee, tbo 12$ discount vlll apply on tho p^Hohod prloo of B^Xe-Flohar Super "66*, in tho onao of tfitpnonto of Feaco Mineral Wool CoMBt, Md on the puhTlohod price of Boglo-Plchor Ono-Ccto Ceaaet, in tho onao of ohipnonU of Foooo All*ferpoee Cenent* Vhon tho dootlantian of n ohij--nt In oueh that xmi freight (over and above tho freight allovmco applicable) in charged, ao oaaliion vlll apply on tho owcena freight* THE EAGLE-PICHER COMPANY 0-7^/' InsuLiium Division AMttlCAN SUllDINC. CINCINNATI I. OHIO Jnly 22, 1963 RECEIVED Hr. To* Cambell Oeena-Cornin* PiberfUs Corporation 717 fifth Itwu law Tork 22, Im Tort JL'i 2 r '963 OwEnS f.wrtN'NC FI8ERGUS COR?. UO. 4 Sobjecti Sagle-Pieher Trademark "Tab-Lot* Dear Tobs ?1mm oonaider this letter as authorisation for tho Owens-Cornin* Pibernlae Corporation* usaf* of Th# Safle-Pieher Trademark "Tab-Lot* when properly identified ae a Registered Trademark of The Sagls- Picher Coapany. The Trademark Reciatratloo fuaber for this naaa is 657*9^1- Sincerely, THE SiOS-PICBR CCMPiXT ^ /John P. Harrinrtbo General Sales Manager Industrial Insolation m/m eet Mr. Stew Byrne, OCf, lew Tort f MUCK <IN OIVIHONI Of THt lACLt riCMt* COHfANV CMf.MlCAl.S MCTAL* OtVtStON. Cmwww.. OI <KKMO trntfiXJft (IMfOCATKlN (*m> IUi*- Kt*r K.a^r, Mno INM'IATIOK DIVISION. (imuiiu. (Hmm fVf <Nld *'*'**''* to Joe Stancati subject EACLE-PICHES - OCF Intra-company correspondence from Duane Callender Sett September 10, 1979 cc: In answer to interrogatories that were filed in asbestos case pending in Birmingham, Alabama involving a claimant by the name of Manuel R. Williams. Eagle-Picher gave historical breakdown of their agreements with OCF. There were two product lines that were rebranded under the OCF label. The first one is Super "66" Insulating Cement and was labeled under the following OCF labels: OC-660 Insulating Cement FC-40 Insulating Cement Fenco Mineral Wool Insulating Cement The interrogatories did not indicate the dates the agreement* was effective concerning these rebrand items. The other article was One-Cote Cement and that was rebranded under OCF's label as OC-110, SC-30, and Fenco All Purpose Cement. These interrogatories do not disclose the agreement dates for OC-110 and SC-30 but do Indicate that the beginning of 1958 was the year that Fenco All Purpose Cement was rebranded, and they are not aware of an ending date. In this particular document, made a part of the interrogator^ they note that One-Cote Cement did not contain asbestos prior to 1961. In another part of the interrogatory they were asked the approximate asbestos content of each asbestos-containing insulation product manufactured by the company. The following information is given: Product Super N66H Insulating Cement - 1931 - 2* 1950 - 9X 1969 - 3.St 1971 - OX For One-Cote Cement they give the following: 1951 1960 1961 1968 1971 OX 3X 5X 3X OX They go on to eay that while the company no longer manufactures asbestos-containing insulation products, that when they did chrysotile asbestos was used exclusively in the asbestos-containing Joe Stancati September 10, 1979 Page two insulation products except for a small quantity of amasite asbestos which was used in some of its cement in 1950. This information may be of some use in the future. i DC:fX :st O * v *9 *U*e> | ti*i i1.c 2 I 3u4> Q-. ^085 ^u3wn */\nO o S 8 O O O r-4> y*<o& *Io> 21 C 3 cO H Set ! o1>_ &tQOe> c^--*-* UO S ^ I ac4>) *Q4>o1 <fa3li -*:j - S <8 4P Sti - sI. s_ .a3n 8v 53 u u w ^ 3doI**HSfi S&a H&O '*Hj caoz s O<5 Q 't*s> O3 < U. *4 .52 5 8 2 .3 H*H *) XIj 3^f10dlf3fWeVoi eHsJO-i The Follow ing was retyped from Eag*. - ic h e r 's Answers to In te rro g a to rie s- in the Sarny Gray Case Groton, Conn. ! ' i- - ' .- .?.;: * **-? -5i; ;?: 3 - si -s.:.-:a = . 5 iZ*~CZz$ ri. =. ' 3C3A ............... : >::.?xa:e ccrp c/: hitas.k -1*.""Ont :ir:^::na'. - * *: k a r k . n j 4L. Oo'C.OOf.Lj? CO . Si Pk rr? * - a>0 j l'$$ 7 PC 7 Pl .C'6 J\7 VC?; X B i;;-- . .. H,?u2 r.-I3 y division 43 :%a^= ;s:s a -zs'jZ ,W.ARS. I SON; N J bi-Av wiTJ7ro/. orio21&r #,rt. &c-ftn }. ..' r.r^v^c-e. *t 30-th ,%cx--.-.....- "2 ' V _______ .?i US TS.Y 'C , :< - 20;'<S<-2:.`00_^ \-c A - lvX>0 s *-v .->*> or^ *- ... f. m fc; *; t"-j $ sw5s*.:s?.n*n5 :r^._Ai ;cr? 1: f>cs4-. ..*;4.i: * *.:J fvccf>; ! ;: C:;=.;c. '`vij:* ss;i : on -- -IC^E v-.ief' .n ` fi Ct j. ,, .. - ' LAD r/C AL :s t _ 0- iC X 3 09 \Z2 77!i5/ < ;3 -325S- <*57 ts . W i. 61 5.08 / 12 NS/ /54 CT H 3/ C2 ? X 3 2 03 CTSS/ "/2C-3 CTKS/ 02 8 X 3 ''2 13 CTNS/ -7506 :;.3XS= 25 C5/:S NS 920 05/:30 ! ((. 1 ?;V1. y< If. .69 ^ >AJ9 n< nox. NIC- 'N-v^-Cf cn r- 44 0 n d io e or o* X 9 9 9 aE d it w er re c >* e i a 44 --4 9c U a o <o 43 hi a9 a - d e a h e s 0* -H 9 tu 44 44 a y -h m - 0*0 0 H 4< 44 O <44 >4 c -rt a a 44 6 E - In h ic th th e c o 0 C 3 Ob w f 0 O' a <h 9 9 OU fo H c 'O O 0 O . s o 44 H C >1 H a 'O l t ile title s s m a te ria not a par p o rtio n s re q u e s t. 944 H h a ua HU NO. 9 0 a o fs a *- 43 *4 44 a. o -h H V 9c u 44 E0 -4 44 a. a 0a a a <M -4 0E u 0 -< > 9 9a0a 3 .-H js a a O a 4i 0,9 c 0 44 a 0 a9 a6c V irg in ia upon n o n -p riv ile g e d e b h ri g c u s o e th , o f P ost 72 f D a 9 9 44 999 O' O U A44 a 45 hi 5 -cH 4uh3 H h j3 a -h aa d l A o s .l na quest gi nad tei xo th e m ond, ic h ss, e i isrt il to hn f ne R uf p o isn i P re 1973 F ile T itle In d e x O w e n s -C o rn in g F ib e r g la s C o r p o r a tio n 's A s b e s to s 4h3 *044 4_3__'O Gu C C O (0 *H 44 5 - o 'O 44 C *0 C M 8 -aH o e u in s p e c tio n o u rs e o f b th e c o u rs Il e Ib ila rt a a v P a . O' 45 S *CH TJT3 3 OO UCU0 9 h-H OSo J32 iOJ 1 > ^ -C 9c 3 0 u 44 ao C 0 H C 44 aa 9 a 3H *a 9 O' 9 <44 hi H o <o a 44 H a 9 *4 9e *H a -H *04 -H >* a **4 9 hi 44 a 0 a -H o 44 44 a O' a A9 44 4C4 E C -*e-44 43 aa 9 44 o 9 a3a9 44 aw aoo 4s4 43 44 0 0 o x o1 0 44 a a a <q9 CH o 9 a9 .-HH <44 *0 0 44 a 9 43 aa 4ca>4 9 9 a aH hi 9 43 9 hi 44 O 44 <44 a a 44 <a* 44 9 0 9 44 0c E 4-> a ui U c 43 a 0 3 4O4 a 44 c a> 9 44 a 9 i"4 a <44 E 9 9 42 3 C 3O U a a a6 0 *0 0 44 Oa 6aT3c Co -ahi *ooo maJ0=va--huH<. -HoH> 45c 4J o -h a 9 44 3 B hi 44 9 43 hi a O ac 9 09 ae a <44 43 hi 3 ca 44 9 43 O 4= 44 O 0 a 0 a <>W4a4 45 as 9 a E 5 *0 <HH 9 hi 44 c 44 9 9O 0 9 9 hi O' 9 > 9 43 H i- 0 *H 43 44 43 > 44 a 3 a fi 43 44 <0uM hi <0H 4c4 9S 3 a 44 C hfii, asa M 3 44 O 0 9 > OeH ' *0o 0fi 44 44 *0 9 9e Oo -H 9 <0 <w O' >1 0 a <44 x 9U 44 C 9E 9a 8 hi O' t9-t ->HH -H 44 9fi, C 9 >*0 44-H 9 <0 C 'H fi 0a 3O <w 0.44 C Eo * 0 *0 hi M9 Ocw ' 9s 3 4a4 9 4O3 U a 44 c 0 0 93 O' O' ua E 9o 9 *3 9 a 9 hi - 9 r-4 *>H 9 hi C a a+j -h o H 9 a hai sa c r rf yo d u rin g i nf id l ee xs, a n e 2 i l n 7 d d b a ls o a P ost s e m b le th e o r a v a ila e s is th i na re r a s T t ih ne rge ire d o ta in e d ria ls to li acqu m a in m a te I <J ; 3 l! S 5 s I a i2 1 a | i | a a a a a a a 9 9 19 9 s s s8S 88 888S8 CM i 1 2 i ! vi I 1I 1 4 i tio :': T*5 %S1T 1*c 1 %m1c j c i c 1% C i j c i a_ j s* c s c I i 4 4i i w to 4 i i 4to 4to i i PM M MXUMHI1 tOCAIfft IN * 'MftWSfOANJMfc#(MAMAS (MPCNUlJM OCUMNI MPOSIIOav ,QJ :a 9 9 9 8:S S S S i^ Im i. I Ii i ss 1i i si is Ii S iz s 1 S 19 9 11 s s s ss s iw i} i% I Js Ii] i ii I ] cc5SS iii i ii i i art in Plnl A*taaMo - #* nt m M KUM NIS lO C A Ift IM M M (O M M IIM M U 1 1M U M KXUMNt M fO tllM Y 10/11/V9 3 f! 5 : is 3 I r c I 1 ss 11 5* ii e ! S i i see ssi I1 Ii s8 a ee I! *. * 5 1 e mS 3 i I * i hflm riM lnw*co i tf/IW O I i3 a S3 3 3 ^4i :s as | oo I 3 3 3a S S 5S *i IIO IItIM M WHWOHP) III ll )O I ww IIN M wINtMlMuU0 M) S* W >M M ii f i | <| 1 2 !r f* r* r! i` I ? 1 I I !i 1 3 2 m 3 UI | 5 | s $i $ 8i M 'K /O t 01 Qn OtM o ItWi w IoI W) HI *w Ni v INfMOKM tO IS W tV i m o ) mtlH i iM i iftX M u w mMM A^iniiU iM on iis is s. 1I !! II 18 Sf rr i! mf f ti Il 8s ss ri ii iS S8 *f f I fit i!! 8 tanaral iiytM H w l U)/SWtV *3 f! I S c * 2 SI 5I t ss Ml M KKIMNIl IOCAIIO l OMM (OA lNNt t IMO&lAS I OfOOIAIOM A fMtSIOS OOCUM IH MfOtllMK 5l 2l| i 3 S *a 1 3 3m i 5 5 5 S S S 5 Is s s s s s s i i ii i i s s ss s s o S I i* I #<1 4 I i I * i I3 i i1 8 i 4 * i | 3 a It c ! Xr i i 3 l m! i * ir I I* # 43 SS jb ss ii<I ff fi i1ii a 88 8s 8I m*I %I I 8 $ fifI F f rIf j I 8 1 8 j 8 8I I 8 S 8 I F j nrM MOMMIS (MAH* IN OMNI UNWIN* UNKtU (OaraUIIOM AtMMOS MCIMNI MfOSHMT 10/1WN9 1 : I st s 3 =n1s. s Ss s *s 5a 28 a *r r i fs t * i 8 t w* 5 #*> ii\ fl n l U ltly - M Im IM S 01 0T2 119? !! i 3 T 8 i1 M Mr t ( M OW M M UM Nlt IK IM M lO C A It* IM M COOOMIIOM ASM s u n tM M N I M PO SIIM V S S S S 5 SS S 3 5 5 S 5 'V } 3 --:|k *3 | 10/11/19 1Q/II/0* 2 s $ *32 * 4 4 3333 88S5 33333 SSS8S 5 80 <MCfM-MM IWMM6 IUIMNMIKtI (MO (CAIIM0MIUIMIOIn IWSIM OCMmi NrOSIIMl \ !\ m 1 1 ill! I I 1 ! i It i 8 i fi if ii ii 88 11 z** II ss 10/1W 99 t$ m % i 1 i| 2 a 00 9 55 00 1IIl ! es es 9s i iiliiliig M (S IM M U M H I M P M IIO tf M M ttL A S COarOAAIUM io c a ii* iu rm n 4 ! ii i 51 *i *} *i i !* i! ! i ?! s tii t i * i '! !!I! 33 fi ** 88 rI II ii Z II 88 8 i I 3 *i 2 1 SI s 01 100 II N ^ r l M A l o f l * o , ta fa ty and H N lihI 12 11 93 11 I'i ?sx !?f =il ii S8 888 88 I SSSSS5S8SS i i! 1< i* 1I * ! 1 i i 1 i 1 l - c I i r 1 i ] * H: i ill 2 1 I ii ! 1 i I IIf r If* i i!i s 883 i] 88 * i i i ii as in fto n fla n t tO /M /9 S5 ss 33 II 31 33 3 3 ss ss s s SS 5 ii I 33 N. * w i3 3 ii i 99 3 ii 99 F M ftO O M M 'S U X A I t t INn O M M tM M IN b IIN M U S (OM W AIIQN M K IIO t MCUMNI N IM IIN l r i A 13 iii Ssf f?f I!I a aa .\{ 1iI iI f ii nf i a ss aa $i i tO /il/lf 2 li I 99 9 * 32 3 3 13 19 9 3 93339999 3333 3393 333 333 tm rs o c u m h is i o c a i i # w O M M -(O M l| I I H M t A t ((MMMMIIOM ASM S lo t A M U M H I MPOSIIOAV m * te Ii\ i i i i i 11 , * i I* i i; i $ r * 2 ! i i Still. n! i i i ii i ii i 11U1 i I ni i i it < I11ii ss fi *f i i ii I!Ii z till si ii ifi >f i!I u m i 2000* !s I I I i S ! 1 I I I I I SsIlsliSiiS iII 8 ffi 333333131393193 3339 99199999999 ill i?| =il n* 8 5i 5 4 8^ ii 18 ii iI i i I \ i i % t a a M i m 1 } i i t i i stf iiIiiI fi I * f i3 i 1 i I s 88 Si ss Sf ii !I 88 2/41 IWW Wtftti' 10M I/I9 I3*4 i! * 8 8 3 5 3 3 016* 3 : i 3 3 3 3 I *s a 88 0 00 0 00 0 8 88 8 888 9 39 8 893 8i 99 0 00 8 88 9 39 40 QOS FM M IMUNHU l M il l < M tl$ C4MNINS f lH M L A S ( M f t M I I O M ASMSIOS M tlM M I M F IIO V an-IM I-M /ft-W K Unarcafcaar* Mold* 8 3 i 1s f * 3 2 I I5 i 8 < 1 8 S3 i i I 1 1 It i 0 I?3 553 8 sto a c 3 5 0 3 3 s i 1111111 to to to to to to to ii to to | j] to to to 5 I I I I I S S s s iff ? t f } i i i r r i fff i1 ! i i i i i i i ill i s S 8 8 8 S 3S 38 Flanl iI1 iI 9 33 1 9 i i 9 9 I t:<ii 33 33 3 3 %% 333 2:1 i?l 55 "II ! j !s! i t S ti 3 $ ni i i h M $ M ! mi aa 1 i3 5 a i s* IiM M I a5SSi fa*a* 9 si H i! ^* a. iii isfff * f1f I i sI aI ! s 1 S si 22 <s FF I3 II I i J f aI a! aI 10/tl/M j 3 t I 3 S 33 1S ii 888888 88 8888888888 88 88 AIMSIOl AOCUMN1 NfOSIIOII tiu in (OaMMIION rlMm(OnNN fMMtcIIwHmKi iUIM i s* ]* m 51t l$l i*s i j ; i J 4 I I t 3 & A3%* 3jI 533 3t i1j i i # I f 3i 3 Sf rfI 1i! 888 is 88 S$ ff ii i 8 jj ** m*I **i S Ii f i f?r?? l1i]j 88888 3 >: 3 3 i i i% till isiilislil 3333333333 S3 99 93 f3 M* U IIOM AMCSIOS O C IM N I M P M Ito a v U lll IM M K M IUl lMUM lllU( tO Ml n !* l * i I* * i I & ` i i; t \\ m 3 35 5 i % t P I l * i 5 4* \ li ii tt ii l I I 3 ji c* iiS9 9i If fP PP 1I jI ii 23 1i i ii I i1* f ! II 1 3 32 1 0 /J I/l* I :t $2 ^S 3 8*3 35oo s 3 i i:- 4i e 5 -9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 89 9 I I 9 I 9 3 9 9 9 9 9 9 9 9 t t a t X M OCUWHI M tO S IIM V in au imi r A lf (oa t iOi ti iM KMH ItSu U( K W n fM jMt HMfMN IMI >u*IJ I8 Ii I! 3 fSiS 8 8 88 2* 8 Z 8 * 88 I? !! tt i i 8 f 8 r 1I 22 ii iII !a 2 K 1:i 1 i I *J 8 6 i i S 5 8 1 33339993333333 9 ill 555 5s* ;IS i!! Hi : I *2 I 3 ;I i I1 I3 ss S3 i: ** \J w 1 1i Ii s fi fr I!1I !i 33saaa iii f iiI i it1 ** i iI I i 333 (w< Itll l! 8 a ii ao 5o ?o so ao a9 i S a a a32s2c2eSaosossosocosos sssi 9 9999999399999399 :|i slj Ii! ill ci! isj s 3i 2i ! *1 I i H S Ic 1 l t 2t It 2 1i 2x S! I f% 1 22 sI f1 1! 22 i i i zs zs I I f i i f I f I 'r i!ii !I io /n /n 3 *i IIIi 5551 1 iI ij t S3 S 313 i 3 99 3 39333333133 3 9339939333 rat M MNUMtis iMAita in M N M M M IN t flM N M A S IN N O M IK M iM Ktioi aocuMMi N fM iio n !i .* i1 41 3 ! : ! 9 i 1S - 2I ii SS ! 5: CZ i i\ } t 1 1 c 3 l s iii s if * ff ! !! 3 32 $i Ij S }{f I i iti !J i i i 10/M /W u> u w n /it; = 12 3Ss iI 2a 53 i1 333 $ 3 3**.*; a aa s ss 388 8 3 8 1 I 8 3 33333333333 too m (| M M tIM IM IM H I M fO tllO A V mU iI*N aOi c( io M t is C mm IH I u ( c m n m i m i *t - # - n< }II !I1 1I! t1 1I aa e> it . *I Ii Ii *i * I iiiiilliiii f if s f 1f f i II i 3 33 *u 10/)WV 1= 1 se 5S I s I ss s 333 fill 3333 010 0* tU IO (CAMMtM IUINION NfM IIM l tm n MNIMail Owens (OMINS I IH K UfSIM MKMKI Ml 'o i j|npM| (lOTiM r!t 333 3\\ 33 3 144 ii1 3 i !I1 ii t 1f }fI 1!I 222 it ss *r 1! 22 III II tt i i 1i 22 ** 10/JW W 2 i Ii 1 * 25 i si! II ii 8I3 J 83 5 3 <sN sA* 33 S5S S 8 SS 333 3 3 33 * oS 33 %+ *i m n n k u w n ii i o u i i i in n m m u it toatotunm IM M H I M N M IIM V S i ii ff fi !I s i t 3 !i 1I iII '55 5 5 5 5 S 833 9 3 3 9 3 ill !;! 5555SSS5 99939933 i?l =il i i ( I % 33 9 * I hi i I1I 19 i i 99 1 i4s ! I 5 4- ' i; 33 ** s! \ l I mm ii ii1 l ii ii88 888 it > 1f f I\ \ I 1 I 1 3 333 S8 Ii \ i f i i i 8 * ! si sI i !i i i s tQ ss *s *s * * i i i i I I I I I I 33 SSSSS55S5335SS55 i9 S 9 9 9 S 9 3 9 i 9 9 S 9 9 3 N IIQ I I * IN OMMA tllM r A C O IM At Mf M M U M H Il Ht IIM M l MMNI I I M M S IO ) M 7 O ( m M M i Mi mIt ! i i 3 ;: ]1 l i 3 1 & s IIi i i iI11i t i 33 <fiif I8 rft*t f f l!!!i3 1IIIII1 if ! !I 3 ft I i ? c 3 s5 39 So 33 is 33 s UM M U1 Amttot ocummt Mfoiii n m x u m is io c m i* im M M r i l f l* t lr % c ( M f w y ( ( 1W 0 <M M (O W I ii I i ?i * fi} - e "r : 1| ?I \ii i5 ;I i* 1* zi i r f I iII s fc s f ! ii i1 S2 ItfIii r r ff rt ii S2 11 2 tM tiftM ri t M /ktm 3 9 3 as 2o 4 :5 S 5 S 5 53 3 3 3 3 * S 3 S SS 8S 3 3333 s 3 !a sI i* ! i m iiwHwIOiIoIt)MiMn m nvx>i sINi iMn iin w iMw dm I01SMI* iwu o hmo w o tI cs i i ff I> * * f 3! ! i i 8S SI8 $8 ff \! ii i z* * zI *i i I i * I i s f i f I S i i i 8 i 8 1 0 /)t/ 9 il'S 3o io iI w i i ASM ilO S KM UM NI N K H I I M I IN au C A It* (O ir lO iA i M IM M Il UMM M I fi OW M ( f M M zi a 5 s* 09 * 0 1 0 I I i 8i so _' * 5 5 5 5 5 5 5 5 5 I 5 5 83935399933953 SSm 33 * i fa y ra ll N M tlr ii ii r w l I2 } * 1i i MM* 3 !I s s s^ 2 2 i i li S i; 3I i i i8 3 fc I8 ii 1i 33 1 * 8 }. 33 flw ii tO /S I/M * 3* si I ASM 1105 KM U K M l M fM U M I (M N M I1 W MK f j IM U M N tt IM A II* IN (M M (O M W 11 __ m m m *S 5 5 5 5 5 5 19 9 9 9 9 9 9 SS S 5 S 99 9 9 9 * > 5SS 999 S *i 1 9 i i t * m*i 1111! * 2 2 ZZ t f f I fs i t1 ff ! 1 I I I I! 2 3 3 3 33 1 11 b fc fc s is $ f tit * * ! I1 1 1 2 22 2 2 1j 2* If ii ii tO /S 1 /l 10AS if i i i i i i i i I 1 I IIIIi :s 89 8 SS S S8 5 S S S 9 99 9 99 9 9 9 9 * I r t f n to fu M N is io c A ift m OwfNl (M H IIft IM M IIS ( M M U IIW A1MSIOS W XM KHI N f M I I M I zI zI if ff ii ii r9 I I1 88 is ti Z* SS tt f * 98 t f f \ i 33 i ! 3 I 888 10/S U M j 1 'ill? 33 53 * ;S 8 8 5 8 8 8 8 8 8 8 8 8 89 8 8 8 8 8 8 8 8 8 8 8 8 I 88 *J O ASM S IM A M IM N I M M M IIO B I IN M II lft M A O C ( O ! Hn i U M IS M M W I I MM M& N M MM M -C K N Q twiom E llina iM iliHM 11111!]] f ill! ifiiiiiiitiiii 8 f f I f i i f i i *f ? i ::J j J ] J j j j i 1 j J J ] | r JJ s H 2 38 i s$ 33 i c 8 I *: <sj 3 s iii 3i *! I S I S I S 8 S 8333333393 38 S 5S 393 3 33 2 i * i II 3 i| i iI i1 1i 8i1 i 3 8 ^ } S I z m \ 1 I 1 i 2f iiiiii it i is S i ?Iifi t I! 1I ii zi ] S * S * zi rS I \ I r I r s > s i ii11i: 3333 3 tO /M /M :I fM / ) M KUM M IS I M A I I * INf ( M M ( O M M M M M U t (O ONA tlO N ASM WO* W W N I N M tllM lf li I 2 i i i 3 3 9 9 93 3 9 28 I 33 3 S 3 93 9 9 9 8% i tM S ini 5I t 3 *1* 1 j5 il i i* ii !I In ai i I: 11 l C1 1S i if rIf ! !I 3 33 Is It ii !! 33 11111 88f I I I* I f 111 33 s m i s 3 iII c8 * i 3 3 3 3 3 3 3 3 3 3 3 11 9 9 9 9 9 9 9 9 9 9 = 15 i:s 8 33i 99 9 * i i3 m mm lllliisssilll * I 4 Ik ^ 8 8 8 8 8 8 8 8 8 8 8 1 8 I fs i t? ijsiiiiliisji i I ! 3 2 S O /S I/M 3 =1 5 t I! i H O I ASM S IM M M M I MAOS110*9 IK MI Ift O A M C ( lO U( INl fNKU I I X MM -Mn f( t r M M I 3 3 i 5 i 3 i 3 1 1 #4 9 SS 5 SS * I | 3 * S: i Ir 1 1j i l 3 f| | I ii iIi I i $ 2* 1 i 3 i f l i i i i i ]wi \ * w3 CI s i ** 11/01 3 i$ 3: m t SS 5 5 3 ri i 2 8 2g 8S SS 5SS 4o 8o * <.***< 3 3333 s S S5S S Q S 55SS M riuimo iwitM) Ntr mmmanimmfimo iotmt ivn m Nf ltvx IINWWI U M tn| r r fr tr to i iii ii ? irr i ill i tm 9 1F0 i r t tt W W MM Ji j ii ii Jill M/IWOI i i% 3 ? 33 3 3 3 3 SS 5 8 S 8 33 3 3 SS S 8 * 3 33 S 35 IWIIMiN IHIMIKM tOlfMC wiiinmn) HI i y ifm1HhMi1iXMiUm omn MM m I : I* II 1 ! 1 : f ri i i i 1 !i i i i t ii t i i ; ;1 ? 1 t i ii i j i 3* i Iit r * t i ! i fc If li 1a i i* : ?i Ii ?i j iii t r? % i ii I in 10/O /B 9 2* :t i2 iss i 3 3 33 3 3 3 11 i i s s ss s s S8S 5 N tf n W U M N Ii lO U f lt IN C M M fQOMJNb I I M M I I S ( M T O M IIW A U C tlM BOOM Ml M M M I1M V IM t V f 1*0 '**! 'IIIN PIOIMBMI '* r ?ir r Ti r i i!i i 1! f wr wr r i 11 i i %% iii to J ASMStOS M U K N I M fO S IIM V 10/ 3 =t i i ? l iQ ' * :s i s 0k 3 9 m4 ii i 9 I II 5 SS Ii 5S I SI s 88 190 to lIfli A ffi i ( O M OM n ii iM M iilS mcum IM IIM n< n M (O M (M |M U M l MM m i ft : i i 9 r i? ?r ? ff I i iI i i i i r r it r r i f r a* aa m mw a* * *3 i i ii M i ii fcU M V I*V ) *'*('0 1 3 :! I | I 8 I ; : : i i 2 s s ! ! : I ai AH0IIS4M M HOI I W M M I v) HI IIIV N 1 mtIlHHMmMOOiMOS*OMsWoINitOiaMHsMv M ) ! > i * i $11 I 1 * i } V I i ! * a rrI! rr r r !iii ii i i rrff?tt i MM i i rt mm !! *I1 --4 i ) ! ! ! i ) i Si 1 1 1 ! ! i t 55 = !???? 3 * :i :8 8 8 8 8 8 8 8 85 5 5 S 5 5 5 *4 i l !3 li rrfstr? ??r ff 3 r r !3il i i ill! i i i i 1 i !!!r > ff wmm i r r % %w %t % MM 1 ji i I 88 iii j 3 > 3* s i i I3 01 OH IM1 in t) - N^r '6) .1 :-- * 3S8 f iII 8 f Is sis 5s* sinli Ui cVitii s !J i! :r u si s s SS S S 8 s s ss s s s II I ss s 3 3 3 I I=3 i I1 ! I 1 1 l It i\ SJ I ?I i i1 i 1 rr !i i1iiiiiii ?t !I !1i tlin ti--- |1 inf 10/1W A9 3 t5 2% <# * s= ia 2I liillliilllti sssssssssssss t m M X U M H Ii INn <M M (O M IM fIM M lM (M N U IIW AMKSIOS M ttM tM l M fO ltlO A V iJ ! 1 Iii 3 m t? 3 I * *I J3 r> ii J * I!%t %% mS mI ? ?JJI F f MM! I i r rfif F F iI Ff 1iJJi1JJiJiJi i I s*9 *s 2 1 2 iIi ie i 2* :i i 2 *s 2 i isI22 i ' i 3 s i is i t i t s 3 S 3 3 3 33 3i * 11ii ii1I iii i l i l i I! si i I I * i 5 g ; ? g ii\\i{ l l ll \ ? f fM 5* 2* 5to 5k 2* 1 i i3 3 3 ii g tI ji w w* ii nFM KKtMINtS IOCli IN (MIN (OMIK IIMMUt (MMUIUM ASMSI03 MCIMNI MF09IIMV 10/51/M 3 i 33 lll tit 111 itit iiii fill i l* i ii l11iii ft* 3 |n**trt*( IF MO SI IN 54 001 OiU M M M l lO r\ AM Wf IM t UM IIM NI M t t U O t C A lft ID (QATOM IIO M AVHSIOS K M U M II M fO S IIO A V 1 0 /)l/t9 3 S a Ii 1 a* 8 L * z T 8 88 1i| 2 11 55 1IiI ! 2 s i ? w i IM tiilrtil N U fritli I f 579 5* 001 MW MW P K 7 ) MM UNIN it IM A lfO IN M mnmui immtnm ASM S lo t OOCIMNI M rO S ItM V 10/11/09 f* 1 1 1 I i 3 ! I I i i I ! :i 8< , i ii8 f44 i 44 4i4 i I i I i i # j 'a * 1 j I i 3 o 5 i liN u iln *! M U iio n i ( p l m U 10S4-10W M l M MMUMMU IO U III Ml O M NI IO M U K I IM K tA S (ONKIMIIOM A tM tlO S MMUMNI M fO S M M V U )/)1/*9 3 a i *: 9 3s 5 S 5 o ?i i * rII i 09 i if 11 = i s !! iI 1 Mil! ? ss ; liii a i i uni9iM oi far oftii tm M l n M W m t t o u u i in ONCNl C O M M * IIM W L A S (ONTONAIIOH A N IS IM M U M N l MPOSIIONV 3 =! i i & I i 2 *2 2W i2 15 2 11 9 I 99i9 3 9 9 9 3)9 i 5 5 3 *2 2- 2- ii it ! I* i i 5? i <` s i !| iii I Ii i M M P IM M71 ItO Ol IMMH KIS Ul Ot C A tf* COW IN OM IU M I S N llO t tOCUMMI MPOSIIONV 1 99 9893398 99999999 ft* 8 9 ** *8 8 8 8 9 9) 1 i ! C * 9 8 S $ f! 3 10/JW W 3 i ii 23 !I S3 93 ill 3!s*8i sis m 2l< =ii *5! 9 ii t 1 f i I! 1 i i ii Ii Ii & s i I!I i** i$I III F M M W X IM H IS IO C AIIO IN US COM IMS I I K M IA S C O M M A ! ION ASM S IM M X IM N I M fM H O a v 10/SW N9 ii1 I88i *6 8 5 5 8:3999 op \2 %* Si 2i i A^ ii 55 99 5S SI 58 j1 8 3S115 3iiIi SSS55SS8 33333333 rw iM w ih N*wr a oh i w oi* m s t?u 8 3* i SSs ii5 9 s as 3 a m 3* z Z *I t a i *A | iiiSI s * ***** 8 S8 S 5 8 5 99 9 9 9 8 5 5 8 8 48 9 9 9 9 99 I i 4 4 1 i lI r wf S i w i w v * *i i 2 i i 1 V 5 5! 8 I I II111 * 1s I i iW 4i 1 I i i ! 1 1 1 4 ! I iI iii 9 | f 5 22 4 i * * 8 I 3 x 2 if s *# 8 $ m i-m o I ) *12* 1< *2 m2 2- 2* 2^ *2 3 i i e 5 o i i ea cs 8 S 6o | 3 :- <i4 ge tao, 8 S 3 . * * * * 5 S 8 S g) a a a 3 iiiS i i i i w { 0* $ 2 s fit $ 2 f t i 22 * i * i j i 1 i 1 C * t 2 V* * iii 5 |! 10/S I/M 2 = S 5 & 2 | m i lag* S6 tm M W K IM IM U (O C A lf* IN OWNS (ONNINS I I M M U S CO-- O M I ION ASM S IM NOCNMNI M fM IIM V i ^ . *> zuz A* < * 2I M3 A3 M2 %i i i i i i i I * IW a. * * to 3 M i % i ii ii\ * f 2 ^I t I i i i i | *% i i * < j 2 1 % m 1 * 1 > 3* w ka JJI > Iii m tt a t M 12 NN II V NN* 8 a s i! Iws e Nc J J c i M $ *5 4 l X i i i l 5 2 2 il J! i i. mg I MM f8 8 fill i ?! f 5 1 II MI I i ;|| ss SS6 S S SSSS 6 S So SS 4 WS !si JiI HiH* =ii Iwl fcSS 44 iPn!I ttt I sis in M*; ?5, 2- ,h21 III ^SSSt .J1 .iS J r s I! II i ! ! ; i J9 I? in HI ii '.i U !ii i ! H H ii|it*? j5 Mfpij* i :: 12 ii S \Utt ?!! ?!!{! !s:iHmn isshssiiii.h,..i1.? , , ISr W imi! SSSSSSS ! 55 SS SSSS 3 S SS SS I I J J I i I I i i i i mi I i ii ii W t l W f i IQO 20 S I t c 3 :~ i* s XX^ Xm XmX^ XmXX^ X^X^ ^X 3383 1 a 3 9 3 3I ss SS 6S6 SSSS5 S :s ill Ihs>i cii lo u iltl | 4 |ttiM iu n :fi l '4 -9 '* * * * t # <f M * W V W V V W II li Hi iiiii S! S ii i I I z\ i ii 2o 8e 1 3 z* a ZX * I Is II iii 8 83 3 a* e* 2* 8 8S 3 33 ^ 85 33 * 8 3 888 333 * i 2 % i i i i * il 1 ;ss iii Ill ill t l r M n k m im ih is t o c * i( i OWNS C 0M IN 6 f lM M U S (0 *W M IM IS IO t KKUMHI M H H IIM V 1 0 /1 1 /t* 3 r! J 3 :8 53 8 s 3 i1 i i* 55888 iii1i i1 588855 112 2 11 8 3 to 3 * tIok I t \ * M im I i tCrouch, , 4oorft M - Berlin 01 OH 0M1 Q?n * 883 I1I 15 31 81 8I 8I 5I 5I o*w ; i m n** ) umn '^>n fr M M tO C U M N If IN OW IM M M IN 6 f I M M I M ( M OM I I W H IM lIO t O O M H t M fO S IIM V ww non i2II s 9 s2 9S $ 5 3 I !J I 1 0 /1 1 /S 9 3 2 8 3 3 13 5 5 5 33 3 I I II I I I I I ]1 Si S3 II /40 K w|it - 'ft M i-- '*!t i t j " c -.I *I j :i 1 * s C % 2 H fM i n KXlW fM lS l O IIM M lA I t t l i l IM O M IlflW ASM S IM MKUMMI N f M lI M t ilO ID S s OUO I5!1C *0 lO /tt/M 8 s 3 tm Sill i a 8 8II I I i i 2 i I 8 i ill! 5 5 S 5 S 8 8 s 8 8 88 8 8 8 8 S3 a a a a a a a 3 a a a a a a 1 8 w 5s 3 i IS h =i *i* 8 5 $ * 8# M 3 3 s i i si ii i l e s i i s 8 a i s i 8 ki l % i* ! I % 1 I i '*** i * *i ** 338 3 5 5 33 3i] J 1 3 1 3 1 1 3533 Jill * 1 0 /1 1 /0 * U 11 i = I Ills? $ s I 9 m9 ill I11S! 2 ! % \ % s 5S S 6 S 3 33 3 3 3 S5 S S 8 8 8 33 3 3 3 3 3 1117 (tt 017 IIW A IM S lo t AOCWHIMI M fO S IIM V C A If* W C flA M M M X IM N IS (O IN t H M M lA S I - looaiA 9l n - U l H 2 H I /I NM l MM frtw *, M * 3 1 it a.......................... *v w w * 9 w ^w v --v --v ** s2 s2 i i i 1 II I I I I 1 1 I ti IM kaI 5S iiiiI 5 S3 J ! i ii ii PM n M XUHfM It (O C IIII M O M AN IM tMI MN | I KM IM (M M IN i I At MP O S J IM V 3w 3~ !^ 5 2^ 6m im 59 I~ I~ liiilSSii 3 U3 I * S 5 1 0 / l/ 9 M /il/O l 1 n= t <fr m 2 sc3 o 1 :- *i k t1 g e i *3 S S S 5 la a a aa 8S S aa a 5S S aa a aa aa w tlttlW M iin O N O ) Mt v 9* 66' mtH MnniMf Ml tin r)O I ttN M M M w M4 M w tO lflH V ih io ) in m IsiIi I 0 * 8 8 il f 5 ii iS cm 8 8 r1 1I4 5i ? M ii 4 i* i8 V W M M ^3 i I I ii ww :5 s i i 1 1i i VV Ii * /It/O l to itfli eo /tto o 85 5 8 4 o 5 X ft |888 11 3N i3 3 iI 333 s *. N s 8228 3 1 I fAi * :S 8 3 3 3 3 3 Is 3 3 3333 m * B 9 3 333 3 333 wa w u 1mW MIIS)M tHr mIMNMMU M* Ilf <V>01 tlH tm X M U MM itwo to tt *m it m t * m n o miwN . 6 2 i i 5 i i * 1 i1i i* 4 4 4 |5 8 i 8 i* ** S *31 i i 1ii1 ill] t ss ts asr 1 i a i 33 92 3S i gg aa gg g g g g g aa a a a a a i% 3 33 3 3 mi 1! : i i i m1 iW m 3 t m i1 mt r i i i 1 t i j; 111 1 I I I ! I 1 i* l 3 j s s i 1: iii ill s * ii 8* s V W V V * I i i ! 1 i] S5 1 I1 1 I0/S I/09 t lo i ASM S lo t OOCUWHI MfOSMOOT IN OM 1 5S8S =f i i ! 8 i S 33a 1I II sa a is aa S SS I S S SS S S 3 3 33 3 3 3 3 3 a Amsr i ji ii ss | 1 till i iii 3551 >o *i III OT A C Itf AS l III SM I M I I M M rM n M (O M OW i *s ji ii !ji !! ! 8 S 3 ii i i i i 0M N N1 l < 0 M M I 9M N6 U I MI I NI MISA tO AS U lf * IN (O W O M IIO H tiM S IO t O CtM HI M fO SIKM V 10/Jt/O * 5S iS aaaa m S 888 8 aaa a till 111! 4i i i 33 1I11 8 aa !i i 4 i I5I H i Til] 1"-. i ill 1 i i I I ! s i s i s i s M tu l U n lA fM 01 I t 2 03)9 M n rlM O m MM im U N N IS I M M I I IM (M fO M IJM ftIM S 10$ fOCMHMI M fO S IlO O r i!IIIII Iss I 2 I I i !!* 5* *5 55 3333933333 1iiiii1i ii iiiiiiiiii At * * 33 3 i i I i I i i i i i i 1I 333 iii iii sis M iu l (r M IU In -N w l IM F * Iff? ' 01 J K O fK o g t; ii i iI I? i 1 1iiI!3 N *1 aaaa 1 1 i i %r ^ m ! if P ji If! izz Hi Ii1i I l111II PM H M K IN N I) tO C A It* IM M C M | M M *61 AS ( O M U f lW ttM in n MCUMMI M P M IIO IP ItUniM OWI Wfi) 33333 it t K if H t M M X IM N I$ 10CAIC* ID M m w( i mM I i m M m H i M ni t Aw t r M(M fiCi MN Ur IIO M io / i i /m 3 Sl S 3* % C sIS ft I SI S ]I1 3 s ft* Js5 I s i 3 88 3 3 3 8 s i i *0 M i s SA i4 i e i 3 I M 3 ft 8 8 iM ic a t M -M fy Mm - *i Ii ]1 1 ii1 * rm r\ ao<i m m is io c a ii* in O M M l-IM N IN b I I M M U I (BO O M IIO N A IM S lO i AOCUMMI M fo s n o a v 3 33 3 33 3 3 3 3 33 33 3 3 : 33 8 33 3 s 5 aa ss r isi 1 2 ft S St 3 1 0 /1 1 /9 9 MM J M X U W H Il l O U l f * IM O M N I-M M M IN6 C O fO M IIO M ASMtIOi MCtMNt MPOiltOV 10/lt/W k 1 ^ Ml <# M zi I 5 3399 8 3333 s 5583 fill Ct 88 ft. s8 ee Ii 5? 83 3 1 5 35 8 33 4* * i1 I s e R M iu l l 9 li p * r " ttw arwt ( ttw fnNMMMitHI, P A. WmO 07 406 0V4 0)34 10/S 1/A * M l /> M X V M M IS IC K * II ID (M W C O M IM f I M M U t COMOMIIOM ASM S IM AO ClM tM l M M S IIM IV 3 =t mm se 3e to m It 1! ii to ! t ft C s 3 '3 83 33 33 t r* oi c b it Si ?; ls } 3! L ' ii r,If% 'i is ]i ii Iim m Ii j! ;h : i i> n ii' i-.i if:si' Hi i! |is s hi Hi ii ii iiu 11, 0. If- M k. I* 2 11 99 1= :ssI * a :* s`. Is li ii = ll ii 'Ll J5 1- il # % 2s !5 1 i i<* * !S 3 1i 1 1 i 3 5s i 11 M MN l M M M U M N fS IM CO M M IIM M U t AM (O * M l M II AMM SIDS M K IM M V M A O tlM M IV 1 3s s v5 3 3 !a a a I * Ii Si 39 9 3 aa a a Iii i ft* 3 SA* 5^ 5N 5* * *^ 9 99 3 33 ii t i t ! 40* ID )> < * V III s 3 * | s 8 1 w ir- i* !s 3 I \ mto iI s* 8% 8 # 8 S8 S i IZ 3 iiII 38 a a i$ i1 5 i 11*S s \ I Reader M U 1*W M n Owu N t M e d ica l 33 3 335 3 i 1 1 i i i 112 3 & ! S S| i iil Ii 1 Ii I I I i I \M l MCUMCNIS ( M A U I IM O IM M l COMM|Mb f lM M U A S ( O M M I I O M A M IS IO l KM U M N I M fO lllO A V 9 S3S 8 888 1 88 i 98 8 88 is 88 : 88 g I l1i Sm $ 5 1i 3t ill i * 10/11/A 9 s i fl ; S I *>> * I *s 25 is i I I * ii s e 89899 8 8 8 8 8 | 88S88 88 8 8 8 8 8 8 ill ;!| in !! f;s =ii iji ! * sI 1 I til 2 444 i i ill I 11 I4 ji # * * l w !t 4 95 t 4 5 no ** <* W W3 * Ii i II vw v w w iIIIi SS ii J i 2 ffK n M fU M N IS iO C A Iil l C W M (O M M IIM M 4 A S (M M M IIO N A M IS I0 9 OOCUNIHI M fO S IIO O V 10/1W 09 5C o8 s8 ;c 8 ii i ]l 3 i i iJ i gX : i jI i 8 !i } i8 ss = g 8 i gg | * Ii * i ii 1 3331331321 I * I gggg s 8 { I \i sSk iI |s i m % i * * l 1 M iu l Mt o Occ AA> IM HR ( wAri tmi f (IW M rljr Ito I I 201 0 )1 1 1 0 /1 1 /0 9 !I I s 2 I 1 S See I 3 IIIs ills 9|2 Si3 I3 *e ggggg gggg ggg gg r a t n m x u m n h io c la iio m O M N I (M M IN S M M O ttA S O W OM I I I M ASM D O S KKU M tH I M fO tllO O V I ft * ti j i. i I I *? * SI ii mIi 1i c i 1 3i t L3-ma X 4 3 ! it * 31 2 s J if 1 U li W W W W W WWW* i i Ii I i i i i 3 WWW i ii i1 1 0 /1 1 /*? A W S Iftt M K U M N I M fO SM Q ftV flM M U M ( M M IIO M r * t M M X IM N U 1 0 C A K * IN 3 k a. ^ = 5 S 8i ^4 is % i m ** V *% iii m * c c c VAV mmm m% m r w r 1* IV r , ii fi i ! i4 > X X ~* 4 * n is ii I i i i 3 4. O lftM 558 \\I 88 ii v w w S S 5I 1 i i I 1jI1 l0 /l1 /e 9 10 0 ( 1 10e U *N n MUWMfS tMAIfft IN OMNI (ONNINC IIMMiNS (ONKMUIION N M ItlO t KM UN N ' M fO tllO N ' 3 = J 5 2 * 25 5 5 5 S S S 5 5 3 s* * :i i *8 S % 8 I f *w i8 * J * * II o i ! 5 1 e3 88 s 8 o *c9 & 1t *t I si i xi iNi| ** |o iwi n><|HMiyyl l<#1 1 4||! 40M) N9 "M l 1 v S5 *M W * * i i i i 1 i 1 i 2 2 2 2' j * W i ( ill (O f II $ e 1 iI i| IItf a .* : ii * * IiII15= *3 3333383 8 rj; m =H ns i i 1l 1 I x i i i i i l m l I M I AN * H I 'W I * i 11 i i 5: 3! ! ! 11I I1 1 1 H i n lOUNMtS lO ik lil IN ( * tOMM (OMiMfc MKKIJIS CMKNMfJOV 10$ tO C IM tM l M P O S IK M V 1 0 /)!/ 9 1 si: 5 2 3 5 5 5 3 z i 9 3 I 5 i 3 -^ 9 :i # ii i I I r I & ! 1 1 1 ill Is 55 I 1i 0 e* ^ ti 3 w * V ii ii e I I r9* A6 10/S W W is I I s I s i i I I l l l I I I ca S (5 S2~5l$g SSSSSS&SSSS6SSSS i OWNrS (MMnUMM IMIMMNINS |U t0<CMWOIMNMON A W I I M M K U M N f M rO SIIO N V ! !1 I I I 5 t 1 i :I i f I * I 1i i ! iiI i * s* I ! ! ! I ii i i i s i ii I i i *S * * * S S I i ii SS 55 till ,0 /)W * I t JO* 0 ? /l OSH i rt * I1*8*i 1 * S 1 i> 4 :i i *i i S S S 6 f: : : : : 66 ^ 6 6 6 6*66 N ( M M M UM M IS IO C *U * IN O M N I (0 M IN 6 f IM K lA t (O W C U IIO H M M IIO t W tlM N I N N M IIM * IN * * * 12SM i 22 2 i?22 i iI t i / !2 m *0 m ` 1 i i 1 1 \ h 233323 s* ssasa II I I & & s x i s s vvwwvwv* 33333333 ww5-'* 133333 t iM u tl 10/S 1/09 1(40 U M W | | 3 r! s 1i ft* S 8 I I iE e S IIII Iii1I8I 8888888S8SSSS88 M l / I KMIMM1S lO C M it IN OUCMS COHNINb I I H I t U S coar<MUMOH ASM S lo t M M IM M I M fO S H O A V jf / { !* HI 5333 ** ill! 3 323 ii s?; i * IiiiIi1ii!iiiiJ iovi m i hk ii f! i a 2 S 3S 9 :1 55s"*! si: i Si cil m i $ i s s s I I '? 2 * * I i1 I 1 i ! I i I I ! I |} zsssSSSSSSSSSSS n /t >ui mi 833358353555111 i i 1 I I i i i i i i i l li m l M N K U M N ti (M A M * l O M M (0M IN 6 M H M U I (O M M IIO M A IM S lo t BOCUNCMI M m s it o a v U3 8 E s 2 1 5 t liilllss 11IIIi I! S2SSSSS 55SS 2 iIIi Ii ii s* 13 s1 iiii 50* i ** <# l M tM l IN m 11 2 M iW I ?411 * !2 ! 2 S * I 2 * * l I i.lt.lttZ*. iiilll 8 2 2 22222 88 282 8 22 A H 0IIS O HotiwoMO) 4tMv i IwH WmriMi H I 1 IV )0 S IH M IX M w MM M M ltN mtmoi IV imwo C<t 1 11*1I 1 i & fc s* ill iS XX xxxxx Xx XX S53833S55SS8 3 3 3 3 liiiiiiiliiiiizi t u t mc tor u %3 :t a 3 l % I 5i i s|l s*i ri; ?f s =ii i-i `SS 1 3 3to #3 3 0 l V 1ii i u / ni *!** W JJi 222222222222222 a* S a t XX S s 5! iiii * v * 9 i i II m I i ?aa af! ><< a> w iii iii nf l W M U M H U tO C A IIA IN C M M l COtNINfc I W a U M C O M C C U IIOH A S M $101 tO C lM M I M fO S IIO A V 3 ft s a 10/1 / Ml M IMMMIS IOCAII# IM OMMS (OMINb MMMUAS (OAHMMIIOM ASMSIOS AOCUMMI MADSIIOMV i It 2 1II!! llllll 2212222212222222 1M.** * /tt 11 * SIM Sift M 'lt/O l U to W O /O f II 3 =i ! i s m <A '1 =_ si I. * t* 5** 2* * *5* ** i I2 2 2 2 2 2 2 2 22222 2 2??? M n iiS O iM IttMDXM s o is m v M H IIW W W I HI iH V K> t tlftM n X M U I'M W IM KM M M ) |9 M M II*< H * | M >i 5555 0 & i i i i i i i * I ....................................... iiiiiiii * (H 9 S QMS /OI t S Ii sd s ss I ii i E3 *8 at S: 155 I?I *s* sis 53* 'i; II i > is ,"* i /i 111 i5 i*Z * X 1 !!S 11I i1i !t I 44 mN iS I n l i l h Journal o f In A iiU itl I M iu m July M e d ica l I i ilill ill ill H IM !/** || &t HW m i A S M SIO S M M U M IH I M PO M IIM V (O APO M AIIO N M l M M H IMI NM ItmU 1I0l4 A ll |M s3 2S * * s * ft Sst 1 . rj * I3 * * 3 * ** a ft I 333338 333 s 3 i i i * i im i i i i * l i i im i ** t is if 2 2 h if ii 2 . s _ n u 5* ji i!It * !? !! n ii ii5i il it S il ii i! 2! ii h ii h il il I i 1 s 2 U 2ft PolicyM id i t Procedures Nmusl I9W o w l MS (O M M M . M id i v3 21i *w * ii222 V 2 s i s 2 s a 3 Ir iv> a S * 5 2 2i $ o s g: a3 c! S*l 1 i u sf | i :a aa I i * a a a: e > * k3 9 a *5 {t im a i s ? * vw iI v ii I i Ii 4 M i1i s * i 2 >010 /to o 100 O l I 0001 U in iiiK lM t x> | OOOt 1*H i83 8 *88 i i i i *33333333 3 s s s i 33 =is sI kS? I l- S8 39 C l \ M ] 2iS w r! i< 8 ; l 1 $ r i 1 2 2* 2* %% % 35s i3 I # t j v e X 0 i 8 Si r 1 s 2A -- 9 ii i 2 i tt t t tT * 111! I i 1 I 1 I 1 I ili <ii tf 11 w Ii > fc il W > i*9 I 13 !1 ft ft 5 g 35 5 5 5 55 555 e8 3 ^ 8 *^8* ef8t *8 ** zj S ZI 5 e I i 8*5 555 + S 8ft 2i ii *i 8 8 8 i ft ft ft ft ft ft ft ft 33 3 3 3 3 ft ft ft ft ft ft ci * -S 5 1 * I * ? , <Nf f i w * NM u . M *rciO Td>*>no i f PP?? K iii I 1i1i * Ww w k 8I8 8 888 ?pPP P * IJJ11 * * * * i8 88 i s i i ss 4 4 4 4 44 ?? i ii 3 i ? ti t S2 T? I1 ; a 3 8S S S t t ig s leSS 4S N V !i 2? 1 AIfO11 1 0 4 M IH M A M M tO IS M IV n o iiv w Ml wmi i IIIV M v l in tlN iiii m W lK M t m( / o t M sm 4 m o I I 9 $ | 0* I s2 01 09? 3 z^ :x t i 5 c o i I Mx i5 12 3 1 88 e e X sx i; 1 51 i -I * a:i 1 - -8 e 8* * i Ia 1 ?! *1 m x s 9 i 4 4 4t s8 5 i i 4 5 1 * r 2 * ii N o 1 9M NU4 i 8 it*X 8 1 XX * s t l a t1 I a s *a t! 11 1 1 44 ii 4 4 I 5 5 i s 8 i M l M M K U M N IS lO IA flO IN <*vs amttm ttmmtAS umuMAttm AIMSlot K M U M N I oiroslioov 3 : i ;i i S e I0MW%9 % ? s* is $s a 8 3 z* :s 5 9 e i Z 8 I 3 8 8 8 8 8 &a a a a a * a j * & f J 22 5 s 5 9 9 SOI 6 # /il/O I 1 :t 3 S 3 32 I* I 1 ia 3 3 W z* :i 3i a*. * 1 i| ;8 8 8 8 8 8 85 5 S 5 S S i 55 55 9 $ i W AHO liV W M IIM M N O ) iV IH IW HI S IN IU nK N 1 / IM M tM N II M tO lilK IM M wV m ** I!! i i ! 1! i || i I I 3 t s V 8 5 e iS S fU >00 10 4"f W f 'fD tv o ij is 82 a% i 8 iiiiiiiii 8 5 9 9 9 99 999 9 I! I s< l 1 1S e 8 ^3 > * I? 8C } w 8 01 $ 8 o 3 8 i ii | ; Ii * ** 55 1 i j I1 iii iI 0 |4 vm ' iM i p u d J I w tt jw l ) < o u i||| ml M DOUMNIS 104*111 IN M m ilM IfOMNI <CHINING IMNUAS (ONNMAI ION ASMSIOS MKIMNI 10/11/8* 3 :! S Z0 :i 3 * is I *- : 5$ i! 5I8 S SS t!2 mm JJ! S iO 8 I 8 m i g gI ;.r s s 0 |i m ig t w I gl * >5 * J !i I 2 S x W m i 5 M -IIIin o i l y lo M u lt lo r w U lim , 1 ^ 01018 OM* (M SI 10/1W 9 i :t i *s i a o5 3 rZ i* a $ ss :s * i$ 1 :s 85 3S5 S e o ii 55 CttO ( A (O m l BOMJMfHIS iW A I I f t IMn OM M t lO M fl* . f I M M A I <<MAOMII<M ASM SIPS KM M IN I M fO tllO A V ? /( <m mot 4 u id io n M) 4w H| i 9 i iloi wm t1HNl > w tu : 8? :1 * 8 * I w 1 I i9 51 51 g; t; :a :) :i ** 3 "5 II Si ii ss 8 8 88 II iiiji I1 i M | O I r il n mnumnh IMAlt* IM OMNJ (OM<N( MHK4t (OmMIIW A1M SIO S K M IM N I M fO S H O A * 1 0 /1 1 /0 9 3 :f * * 3 i2 iI a a a a a 8 3 3 8 8 8S S S S S 3 t; ;: :i % !iI ii 1 I1 1 i i1i ii i 11 1 I O I * SSS l i l l l i w i t l(ilny txl i l y lu n f, 1o ( IM In h a M O w ni M lM |fU iw M ii ( l K tr U n tn g Ih t ln )M r |h ( ^w y, lo lfA o , O h io , tor * M l0 K V la ry , 01 0 M i ii i ! 1 j! i i -Illin o is | | 1 (h to u tl ft % m il ol O l O il MN s o * s i ! s 2 i t 3 3e s $ $s 1 & IIIsi 3 3e i 5 2 i e oo e s 8 5 5S 5 SS S5 S i s = 15 s -1 -5? I Si X V 1 fr ft ?s ^ il s H * * fe *e if : If !S 1 8 w v V ii u m tfv i\ I; fe * i* 5g i sis Ilf : Hi, f-S, i 5*ii 1 HI? to ^ > j *!>! HI? >|c sh: i I I 82 ii l 23 ii i iS lil f r. t 3 * :t 1 S ft 9 *a a 2 o ft 5 1 3 :- oi ss o 5 i 2o %1 e i 85 8 a* 92 sS i ii i 5 S 5 55 5 5 !s ^3 i! I Si l : s * m5 I $ *0 S i S * *: s< i 8 * * i ! *1 ; i s? ; i | j i 1j j i ;II I 111! 1 0400 040/ % ms i8 as s ll I I I I I se i 2 :$ 85 * $ 5 8 e 8 e 88 S5 888 sss ilf 8 !sx ri; Hf ;H !s! 3 01 M S port on S lw ttn o f M y lo o O w eni lllln > ! * loqpart|r Im tli IH tn o i* i| i i I I I ! i I ] 1I 2 I!I ; ii IH in o tt 0> i I t lin o it 6 tttr* l *<*> MfeOl 1W1 lWi 01 060 0001 Q \1 2 out M ns l io n m KM iik iUi Ma Nu t*t mt O t A I I * IM to a fo u iiw ASM $101 KM UNIMl M F O illo a v W /ll/W 1 * :i Z i t: Ji Ns J 2 8S i =:I -- .* si ii s a 5 r- 5* 2 li ii 55 ij ca s V 8 e 5 ** ii X i2 l iS 1 S I g gg ill 8 % | ac 5S t t 5S 8i i4 ii a i! Hi! t s 8 s i 8 1 i i Illin o ii *( #iNy lit lnf Mf , l tf M iiy nu , r y MMl Am i liIft M( O B lr o l, H o ld MO l OVS 10/ n /** i :t I 1 a t i II ii 3 Z: xo 3 I se * s i s $ 2 ee :8 8 S 8 8'5 o e S 168 SSS 8 5 8 S 88 ss I s flM M D04UMNIS IH OMM (OMIMb H M M M (MfMUIIOM tta n io s KMUNIMl MPOSttOMV i? t t t 000m 111! 00 ?28l ii i: 1 i %% 99 ii t ft jt 5 mfita.* ! a *S*>* ? 1 f5ftt *: 3Aft Ji | 1 aa% s | 1 i i Ii *i i 8 as s 1 II i I t S ss s s S ss !ss ri; 81" i** ;H i III= s? li illI I %*1 J - 0* 2 c " 1"* ii ?: i! 29 Ui : ii ill ;* nft |ir <i: i ll ij * * im o ii ft !1 H z *a III m i i m i 5*a!* s !Sft^:t -J ? ir Vi il t ISv f--i9 *3 0 Ir H II me % ***>>.9. !ift II ii !. if !' si wUi l>Sl0 0 *tft im# lmc i il !|s !*i. *:I!I m: ill! 1 i *Ift i*~ U y r ill fl n l f% % 1i till > 1 Ij i I I tI ii 1 0 /1 1 /* !s 11V N O A M IS IO I AOtUM M f M m ilO M IN UM ( M A1 (M U|0i< OI IMHN IMS li i % i s SS * S 8 s 5 s 5 5 2* s *m ?r i :l II If- li: Him 0> $_1a 5s U 0 1 1 5* r ;n i iii .ji s: * :* t ir: i!i nU w l! ;; *' si **h Ifs sis ill ** : ic. t.s Is* i Hf ** r is fij Hiill jil Hlil li III J* fill l?ii Im i!i; si;! ilii fi il f h: i is i! ii *^ il W IK ln (O M M M M ii i i ii 8I ill! { QW Q ifO s 3 li i i wc 5 aa a 3fc -j :i s i 8S i s s 3 sss oos s s =H *51 I jl % I t ito i s j; X fz --a to . 01 101 s Im I< *Wfa4n H S u l* ( r n ra '4 w ll ta r l * l rn l KwMt t t a t a H. O tl( r> Ita imI I I ii m I| | II?? i i I 1 I i MM i* J: fM f ) M M tM N tS IM A II* IN IOlM MS OMNIMb M M M U A t (O M W A IIO H A IM S tO t M U M N I N fM IIM f U / t/ I * =t *. -j ri 3 S 3s i ss S6 !ii ae s e > S SS ! i e i I 2 $ ii 2 g 5S I i9 5 S i IS lltn e it S i ti M l r u d i o n N w w t to * Ih e S * y r v i( < * 01 101 (K M 01?? I ! 1 S i 1 J i! i i i Ii i 3 hi s II I I I i m U OU tUM ll ii ca t I I ml l Hnt MN tty iic tro il 4 r M r p .lt, *rli F ro a | o <l f M ), ydrom 01 101 1/90 ss 8e 8 X e i i t 1 t 2* -* :i I 0* ft* s5 i * * 1) 1f A tM S IM K K U M M I M fO S lK W V U I I I IN (M M U IIO N w3 :t * cI ii 3 s:- s i ca * 8 i I i a 85 5 S S8 8 8 8 8 s# S i | 11 12 o > 3 > l 3n i ; * 5t i 5 * ; v {if In II M.ifl IMO UM IIINMH N M I ril M OMM (O M ii ij ii ! i i i i t0 / 1 /# 9 02?1 3 ft. :! i *s i 019f 01 10* r t f n M K tW N It IN O M N I CONNl i f t M M M I f t S C O N fO M IIO N ASM SIOS OOCUMNI M P O tltO N V ry 1 <-- K a ylo , a i 5 1 3 s ss s J m - | i! Hi W Hi itH * za Ifil 3 ^SJi Hi! r-i] i!H tip lit' illl w1%w 1V| -ii 'i1 Hi] ill! HI ifil iii! w * V ]i|i i ' :mi * I 5 .J: Mfi S5j II ta H !lh ill! 1= s5il i- Hi ] ]I iI I i 1 i iii in Iim 2 IuuuU M psrl iftrool l|lrutriti Illin o is t l% W iO t> iO n t 10 'M O T0O J0 e |to s 'A |M 0 jo ' ! > < ( i f s - I ls 1st i?f it * 11 =n :i] 5J* :-*} 51S* mi :.si - it rM 9 *0 a l 5 v to 0 mi hi i-8 !.m Hsi*jsj* HH k ill ji * IP H HI {i'll iiilimi 9 *5?* }tl\ list VtlU 111* '* c *I hi issilt n hi) ww9 *0 zm H 0 ttoo I* ii || <r ll I ii ii ti MM |*)ia o w m f0 a4 h i. I m 1 ii s Ii # iJ i i tio u in h u m ijI*X itii iafmui ;H) l i t ,11 ,9' I*NI m i* 0 M 0 rM S< 0 M *M MK U* Ul I MM HKIS t M1 0 * *1 IO 1 O * M IM MA IIO M tS M S IO i M XUM IM l M fO tllO O V flH 10 3 3 33 33 s s o8 31 s 3 S ' 3 8 tw t iN 3 i I II 3 # _j rs e N c t 9 3 fills 1 0 /1 1 /0 9 a aa a a i s s5 5 s s|| \k !:x M\ Hi CIS s:i :i Si IHI ill 111 !!i IiiI>II ] 2 i; s i0t c !! i : \% c U ;2 ?? i! } II 1 fr i 3c * |J *i 2w X fl l -<#5 H m l! Si t -.1 1 it fslsji 1 * HI 22 el j 22 Ml I Cm -2 1sx 2i Jl a4 222 k X *!* *m 22 5 sL }H fii iM I 2 P! ill i "Hi !:? 4 ilii ili 11 I M I I i(in o it if i m # i i i i i ii i i t l\ 1 | i | | 1i 2 JO IO i : s * 3 i J i m i -a a 3 3 s 3 t 85 5 S 5 S e ss i8 2 z 2z !iI 2*i I * 0 J 8 * I a % I s J 52 0 1 $ a1 4x i i 5 c ri c * a i% X c % Ii I8 to to to to to IIi i i to l \I ii VM( m i w |< !' i o l r 5 v fc C :! 8 8 4 I $ 2g a * * XxxXxX X XXX X X iijiiiiiii1i # ^ : s :*1t I:It 1:! 1s !i n:! i!st 2s *e :! !i :sn 4# xw m m X * m X t* <0 m v ^ * 0m n X W li rrcM ft f e a l u y CM lrl iIwI * 1/M/r. H f c a n c e ltv d . 4 J OOJ ?m }\9 \ M /ll/O l O K 106 tiM A M IIU M M IH M 1M M fO ISM KV NOIIVIRMVO) S V 1 M H II | I W ) M M HI ||V M >1 tlN M ID O l U M 4 Cane. J / M / W IM M O 2 C M i i l r m tu Ik M iliy C a n lra t r m M WKUMMMS l O t M I I IM O M N I ((M M I Mb M M M IA S COMKMWIIOM liH S IO S tO tU M M l M fO tllM V 1 0 /U /M 9 a * > :! S ~ t ^ S 1+ l 5 M * 8 3 *s g! I ^^ M (A Am 8 8 S 8 i i 8 83 3 3 3 3 3 3333 1000 W f tO IIflN A S IC tlO S W U M N I M fo s n o a v IN M tfO (O t ! U M H IN N It I Mb I I M N lM ((M M M M |0 p m | |o iflu iiM a (M ) h 4m | * 1 11111 40 40 40 : i !! M :! :? !! !i fc w n *w n !! m 0k_ jjl 1111 M*m* S 0 n si si n |1 11 M *w |M|W) V * t0 /))/*9 M > ttlO IO t tO M l M M M U M IH IS lO C A tll IM O I*H S I OMNIMb M M N IIS ((M N IU IIIO M A M IS tO i K M U N fN I fP O S H M V 3 =t 3 8 iI i 3 8 3 3 :- xj 0t 8 v* 88 * 8 N ;a as IN a s S s M ji i i r ri * i1 \ i3 1% # mi j i 2 i i1 t 3 | a |8 3 :i wV Ii f8 33 ii Ii 33 si I 2I 22222 22 ti u o iia im * t\w * i M /tl/O l ig i% = 5 * l i2 sill * I 8 % O O titM N 1MMMOM sojsjmsv MOI in O M ) H 1 M N I I W IM M I W M O Ml I1 V M 1 S IM M ) to t l i M4 l 9fc. Is S S 5 s* I iiiIiii i :s s 3s s s s s 5 SsSSS s SSSS5SSS s N M rfli |a l t iW ry tH - Il ** I I i i i tt 1 2 r9 mV !| s $ os ti i1 i v i |H 9 Jt s ii { i1 $ ! m 2 w I 4 i 1 e J 9 i 2 : ) 90 I 331 fills s i$ si 55 i! Is 5 3 2a 22 m0 2 WW W V V iJ j j j j i 112 2 3 2 2 2 5 ra m m x u h Th is ( w a i i i in O M N I (O N N IN t I I N K 4 A I COMONAIION A ttfS fO S M M U M N f M PO SItO ftV 1 0 /H /O * 3 -Ii aV* 5 ;s s s 8S5 5 S 13 8 I 1 m m m I | 5 i ii W V vw itii 0* 2 1 2 i I 1 | i5 is S So 82 i8 i ts i | ii \\ 4m * 5 3 9 S ii i i S S i i 9 S 8 S N lM rc h I G ra n t. f* N to n , ta th s n r (o rrtip o n d n u e , fcfe 0 1 001 mi mi fP M H M M U M N It lO C A I I i IN (W IN S (ONMINfc I W * U t (O N P O M liaW A U N S ttt M M UM NI MPOSIIONV 1 0 /1 1 /0 9 :t 3 3 3; : i * N i i i i 85 5 5 1 it 5 * %8 3a 3g 3 3 3 i 85 S S 8 s I II e k si 1I * 2 i 1 1 iI 22 I* r to 2 il *eto # l i s* i a I ip 3 ! N o n th ly a p o ria Of 00? t)9 S H M 01 H l/tl /*9 r i l f t A O U M M IS I< M A ll IM M S MMMIMG f I M * U AS (O HfO AAl ION ASM 1101 KMUMHI N rO lH O II 3 =t I ?ax * J 1 * r^ :i e1 IPS io 3 33 3 8 8S 5 8 I* 333 8 8SS 8 5 s i m mm i }} *>>>. 111 i 0 i :s* it $ Ji i 8i 1 0 /)1 / 9 IM m iiw A M flO i M KUM M I M fO lltO B V 3 r! 8 2e 3 i 5 % s 8 I 1 * * * 4 N hi s * * i ; * * 1% N 888 8 8S S S S 3 * i e 3 1 8 8 se o 8 s 5S i i t ii ! hIs 8! i 1 !2 i m * % w it mm V K s X I 1 i i 1 I * UHI (m m *I tO tNmU W a U n H i M M i NH / i ow ns to m l I 1 HJJ>1#^" A S M itO } W HUMMt N fO tllM ! (M M U IIM M l M K M lM tm s IN 3 * It t a 2 I # S K i i e 3* 3 12 s5 i s S o 5 e S e 5 35 S S S S 5 i 2 e S 3 4 so ss 1 J 4 i { Iw * m I s I 1 t M 5 * 12 12 f wi 8w SI f* i 1m11 i vw 4 4! i3 * * I *l ! 3 i O M tO IS M | r a t T \ I M M N I S I O U H > IM CM*M l (CMMlNb < I M K 4 i t (O W O M IIO M H J IItlO S KM U M N I M K M IlM f I v- * * <S -<V :i 3 I :8 ss 5 S 5 5 5# 54 55 m sI a ! 1 I i Q?U <V I0 01 Q?S i : iJ 8n aaa 5S5 a 5 Ci *51 i 8 3 3 1 3 5 a aa 5S J 3J I i m 8 i S haw m , W \ W /M M *rcK I ] t i i* 3 !! S :a 88 i M l M M H U M M IS I O U I I I ID < x **i to m a * fim a u A t lo a rm a ttm A IM S IO t W M U M N I M fO SM O HV 3 u * a 8 \0 /y\/9 9 M W A r l M MMM IM S IO MXMN IN6 I IM i MMUM H MM Nt KXM AMS mM Mi l il fMO IM ATA H C W 1 0 /H /S 9 1O /9W 09 I = | 2k 9 4 i s 33 3% zo ZI t o oo 8 t* i 5 Ai f ;S S I 2*0 i0 *0 a0 x6 *o Ao 85 5 5 5 o S S S 5 5 5 t fN n M M IM N IS iM M t l IH O M N I iO M H N b I I M MM AS <<WT<MU110H AM ISTO l M M IM N I M r O tllM l 9 i 1i 1# 0 ii # % i8 S t *i \ i i M l M M M IM M IS lO C A II* IN O M N I (ONNIMU IIM N U A S (ONTOM M OM A tM IIO I O M U M N I M fO SIIO N V 10/11/M * * * MM ni m( h t tIH W U O m ni mI H mM M w s iv IW lltM iim m io ) H l l i rI o m VOKMSV tS M C /O t ! } iII1I ss*1% N o 5* e at s a a * e 3 oee 382 2 ss 5 5SSS S5S 5 1 s J- I 2I h> 4 2 I2 s m ^ i ]j ? 2 11 i1 u/ J M /ll'O t A V O IIH M M IN M l KM S O IIN R V N O liV K M IO ) tV M N M Il W IM O ) $ N * Nl IIV )O t U N M l KM U IW i i* St g e ii $s t a e s 8 1 *S *S 91 ge 11 88 S8 8 :J I 1 ! I 85 S S S S iii SSS i5 SS a s s 0fe * I ti Mi i i 1 m l i i 1 1 % t w t I 5 * i 9I i 8 1 3 f! 5 *I i 85 S 1i SS ait it Uit I! I n I I H M MM l M K lM N fS 1 0 (4 1 1 # I# OOtMS (O O M IW i (4M #O #AI|0N IIM tIO S M tU N IN I M fO S lIIM IV W /J1 /W 3 3 11 ss s s * s $ I ttr lm M a il, */H W H 01 (H 9 UVI AI I I ll ?5 eo 3 * 8 i i m i (KO to m m A IM IIM MMM IN I M fO lllO a V |M om I* m CAI co tIsO i iM IHNsISu s8 0* '8 se ; a> 8 8 is 8 S 8 8 S5 22 2 22 S5 5 S5 8 :2 S * : . i to :8 8 8 j S 1 2 I8 i i o I * i > > K* X m mn MH ni (o c w 4 t/K /( - /00 11/01 ' l * M n i|M 0 * i*>j** *0 s si t t \M l tO tU N I M IS lO t A U * IN (M M (O IM M M H K iM (ttM N U IIQ N ASM SIOS tO tU M N I M m l l O * ) 1 =# | 5 J | | 1* Z ZI : i i 2 8S s s s 5 * ; ! s * S I ! I fi fi eS 3 * M im t c A N l fO M l f| I tkr r w M I lm* iu tl l I , (o * iml * ttrrm, * # rn* iM f , i l iKwt o y r ,a r M tt ^M IH M , u i w ng ' l i o n to /* Of ( / . }>9V H I/ s I i 3 a e 1 3 IS I s 3 s s ;$ S5 M #K s$ 5S :3: 33 55 2 S 32 SS 0S t Hi i e * 5!|i * |S 15* i f 9 jlfl 4 2 *ic 5 si*" m w *ll= Cke* = 1*2 H m u fK Iu rtn i frM tti ii i l i mo m m ra s t ( i mM wk m ii nmn ai s u lioi c taoit * o in ia a ASM S lo t M M U N IN f M fO S M O ir 1 =\ s i 4 :i 3 * | I m 333 s5S I ii ss a4 i $I iIi 1 # 2 S5 53 i*1 t 5 I i* I f * M l M M M U W N tS IC M A II* IN (NUNS C O M IN b I I M M I A S (ONTONAIION A S M IIO S N O tU M N t N M D IIO K 10/JW N 9 3 i i 8S 5 s 8 s S SS |||| t 3 8 zo 9 |R M rc h iM t ib ililir p w l - N u llttM f P ipe. H i0 01 OM M/tt/Ol 1 ft 8 * i** s ?JfO M 1 :I <4s i s * 8 i e$ 88 5S *H4 e8 8S 8o 8e SS 8 8 SS 01 0X1 u m m iJilOlltMN INWnxN (OISWSV MoiiVKMW) Ml #I*KM tlNMIKwMim(ioWi 4nwo 1 * t i w I 15 i Is ri i ! % l I ItMWdi % I ! 4 l 1 i 1 C 4 2 i 4. r t f n tO CUM M It I0 ( * f t I t ( MNS (MM 1Mb I I M M 4 A S COMTO IIO M A tM ilO t tO tU M M I M fOSM OM V i ill i 1111 55S S SSS5 3s 8 iI s* I :- Jx 5cN S i 3 :t 3 1 0 /> !/* M /tC /O l I :t I S I S | Iii S5S i *5 ! ta O lllN N O IIV fO M O * tNf I NIH MN OI MI M W S O ItW V lM K > l M W O Ml SIMMnm w IM O M 1/r :1 S t i l i Ij $* 1 33 PM M K K tM M IS I O U I I I IN OMM$ to m im IIM M U A S (O M M IIO N ASM $101 MMUMNP M P M lIM f i i1 5 Ii i i i I sc m i tc st U ;l u U H l! il i! li li |li Ijst |I1I ljii liil ljil 1 0 /JI/W M M S IM M X IN N I H N H IIO iy (O fA lt* IN l (O tM M IIC M 3 =1 c I m 3 IN *| 1 =| 2 - 2 2 as i IM ;I 8 8 8 85 8 S 8 8 8 18 8 8 8 888 8 5 8 i !8 * i 8 i iII c e 1 fc > v* * tS W HM IIM tU K MM \ Mt (l M Ml M O x i J l 1 6 /l< /0 t ra g * 160 A M H IU M M IM W TIKM tO IIIK V WIimNOl Ml IV M H S IN M nX M f i t94 3 :1 i r! : z I ^3 33 5$ Is ||5 a* I S ia ;8 S :S I o II 5S Is So I8 os 8 s i i t 81 1i i 1 iI i3 i i m to 1 s 1 ill WIMO) MM l \I 1 0 /N /N 9 M( tO I IWMa IU llflN MM I I M M IH UN fM / ) N X U N MIS I O U I I I IN 3 f! I I I <s s* 9 ft 9! i 3 =: Iis s ss a** Ii :i i i is S 5 ss f<ts. *<s * ^ s** I l I* i l i fw > I 9 p I I 1 I M Nt K (O M I $ IO S NI W M O *I Si 22 i 2 I im /oi 2 =1 | 5 ft* 3 vfot e e e i 2C ee *; i i 8 s i s i i i iii is M tm onvw iiM M to) Nt v rgt uu iiwH MnniMi M* M l l l ? K S IM M U M w MM i wio oi s )k iv in mo m 1 i 8 XI s{ is 255333 r ? rt t * i i it i I I I I I ! ! ! II <* ill 2 ! licit i a: 2j i i i si t i! ! I ! I I I I I s s s Ills UW too r! lasts s s k? 6S g i-SSSSftfiSSSasaSS* !sx rl: 1=1 =il *51 3 <k* i $ a33^533353352 i i mt 0 t f} I f r f f mt f f f r f i w i st i s s i i ******** i * t * s w ! ! I C c :t i i ii m l 1 Ii I ! ii st i ! ! * ii i i i i i a iifc im i hm ? i 40 X 1 tf <t 22 IJ ft S l 8 1 ^ H I 2 n N 4 M MM M IN IS lO f A lf * IH <M S COM INb IIM M 4 A S ( M M U I I W M M tlO t M M tM N I M AO SM M V -- o o e e 9 9 9 r s 5o 2o 2o 5o S5 ;I i i i i i i i 1 0 /)l/ 9 fill III 3323 :x 3 *5 $2 25 5 5 S <s 2s ill !ss ;2* SSrJ :SM** fcfiS i i si u ! 3{ ! is gaaaaaaaaa I i1 ii II ii } * * 1 2* i 1 i i f J * rf c Is it! I ii ill 11 1II ff i2 v% ii ss IS i}i}1Iii1f io/iw o* *3 0 1910 i ft i 8 8 1 i S S* 55 t 8 M 9 *s ;3 9 ** V i *t a 9 1119 3 At At At At At ra t m a o u M N ts to c a ita im O H M C O M IN t I I M M U t COHfOOUIIOM a u M s n n m c u m n i H rM iioai u t ( *> i * t# ti w li J !3 f? ii f * 1! i i l 1 e 8 i% | 3 1 i i 5 9 2 8 At i i w 8 I i W i iiiii3 -- Si !! tO /J /tt a oat o tw o t,n 1 1 sIt i i i $5 8s as i a * 8 88 a 8 I 3 3 3-3 aa a a a 33333 5* * y y m n d w u m h is io c iit im OUCin N W IN 6 M M K I M C O fO M IIO M kM KSIO S M K IM IM f M r M IIM V cast rn -J :s i 3 3 3 * a a *** *4 J* h Si * si Si s Si Si Si $ i 8w 8 iv 8V iw 1a 8a 8a fa \m* X i k. i ax 1 x m X i X i X i aX a 3 X i X i I i *S si li li : 5i li li li 11 11 li l m 1m 1m i! 11 11 11 11 11 11 11 11 9t m i My 10/W WW 9W o o n 1 :! 1 i is i ee e ! i 3 * F M M M K U M H IS lO t A I I * IM OM M (W M W IIM N lM U N N U IIM A W tlO l M ttM M l MFOSHMV IUU M M 13i I I! ii ii ii !! 5 I 8 i5% * * ^ * * <*v * * ^* 1 I 1 I 11 13i3i II-- ? ii ii i li 31 i! II I*H% ittw p| 10/H /N * m i l / i l 200 44 i\ i i ill i 1 I I I 1 s :3 Ao * 313 3333 ** ** *% 333 *4 N ItN ilO S WKUMIMI N I O t llM l inu i i i < M fO *ltK M Ul o i iNs n mW Ii rm t\ m k N I (OMNIMb M O n i l IM ftt * s ft ft * A W iiIkkt I .3 3 3 3 I I 3 3 3 3 I * li \i 41 i 41 23 u II 11 II \i II li I! li II 41 y :i Ii I! :: I 1 1 0 /9 1 /9 9 I :t t S i v 3 3 i 2 e 1* ic i4 $ i 3 5 533 i 3 3 i * i * 8 8i 8 N o % * M f n K M IM IH li |M A 1 I l OMtMS ( O M I Mb i m a U A S ( O W O U IIIM M K IIO S MMUMMI N fO }IIM I j 3 *8 88 %k \i m i> li -- i! X > 8m X X X x jiiiiiiji * li II li n s 3 < 1 li li *> -- li li li II li II li II ]121i5 iw i ii ^ ~^ see t * 5 ii ll'iillii'iii H u I* s| ?i u n I? I! I! !i 11 l! I! II II II II w m outns i < / om mc i ui mm di Ui s Mi o u im (O m im qm iiw A S ttS IO S K M U M H I M rO S IIO S V m i non * 5 8 <*N un 1 f! i 10/S 1/*9 M /lt/O l > ?* OM AKOI l$ (M N IH H H 1 K * fO IS M IV i tW IIV IO M O ) S V I W M I I W ( W O ) M M HI IIIV M 1 S IH M T tK * M 4 M IT 1 * 0 4 7 U U m h S il u * t r ip e\ t I ftM litr 4 /U /0 1 1 . =t 8 5 3 I ii i 3 k. Z a iZ I | 3 a 3 iI :$ i i i i 8N* N N w ^ N 5* Aa A) i i n* % Aa Aa s Aa wo ?? M O lltM N IH M 1K M S O ItN tV N O IIV M M O ) S V m W II * ) IM K ) fH M O H I 4 IIV K M lIN to n M M U 1*4 mMVM) 8 t8 1 8 <> W M 3 J! H 3s. ii il kl 32 33 i J3 i si 3 iii -- ~ i 3 ?i 13 M /K /O l w i i n M n HI D Ml IIM lOl l )i 4otNvi r IoH MM IiXi M w W ltN iim i lwV S IM M )K M U I I I m 400 t l i ((H M) I M /lt/0 1 (W IIS M miwMW) Mw nIHmM tMii M* ifwO ISW SV tamo Ml ilM M n M M U IM s -* :s s * * 8 8 i 82 cl Sfe *s'"#!1 s s as I 8 s i * s2 ! ii 8 8 ft* 8 * IS * * S3 i i d n t( t ft i U r MM 8 !2 22 s *i i5 c a J ii1 it!i 9a ss i 10/>/* 1 :! i * O I*e v e 9 9 W 3 :-s* 2a ie 5 ee *8 8 8 8 8 8 8 8 8 8 88 8 8 8 8 8 888 01 oi2 M MMUMHH IMn OMMn (O M I I IM hU A S (C IM U IK M MMSIOS MMUMN1 MfOIUMr 19. 20. 1*10 i 8 Si a3aa1a1IaJ li tf -I li li Si u li u li li II I 1 It II II II II I 1 II II Z :i Z S I 1 3 i I I M l M M K lN N ft K X t l l l IM I I M K I MOM MV IOAMIMb <<WT<MUII0M A W S IO li AOOJMMI MTOSHOAV 3 * :I z 15 4 1 =2!2$ii|a $a S S 2 i| Ii ii *r %* SS 2 s 2 * 0/1 **/ 10/S I/99 01 IV ) U 1 0 H U 3 i! i i 1 ii i ! I i i i III ; s s s s_****** 85 3 5 S e 3 5 M l M M U M N IS INn OMtMS ((M M I Mb ASM SIOS M M M fM I M fO S IIM V R o rlh M N M tM A llM IIO I ( i iI J i # iI ii 18 \ii m mm | i I ii 1i w ww It8 444 855 I II OOO ii; M l n M K U M H U I O U I I I IM O M M f (OANINfc < < M 9 < M U I1 < M A S M > IO t OCUMNI M fO S IIM V 1 0 /1 1 / 9 3 r! i : s is 85 55 II it 55 to s 5 i3 i o s s $ $s s 5 5 5 55 8 8 3 5 i 1 120 fy ttM im m u r n i Iw lh i 01 019 0191 M M PM ( O M M KK IM IM M M M S W IO M U I I I IM (O a P O M M IO M A IM tIO i AOCUMMt M PO U IO AT 1 0 /1 1 /0 9 2 * g 2 m !* Ii *i 3as1ss $ s ps s S S 55 2 ! 1 *a. i 8 1 i s li } ii } ii i ! 2 2s s I mi 3 ji e ii i3 fe I ;1 3 s SS 6 6 s s 58 S S i f. 15 w 8 s 2 i 8 8 i !i (M fp l M u n iilrttitn C M M tu tto n i 01 O M 1??t 1^10 n m tm ify i m u vo io N W N H IK ro fitm v S M U i IM M umn r n n x w u irs (O c u * in *U 3 i ll * r2 2 IN i<* i** $$$$S$$S SS S$ S S$S 885 5 *jii yv y y ii i i I i I i i i i till i mmmm ** ?! i ! i , I i it 33 1i i i ii f c 6 m tIN iMoN tU iNSw mu i i i o iiMuM t III 1 i II t m 5 3 - <j Z1 3 i ii 11 11 IS 8 :s s 1111 1 1 II II II 5 SoS 8 S S8 88 88 i!f li* i CH 0 *s! I * A * | i M 1 ? i l9 ] i is 8 i 9 i 1] 1 5. li I r 9 9 i1 5 1 w Ji m i 2 2 1 > 1 i J iii li 1 8 f J m a> l 21 8 ii82 1 si A $ i \ *w 1 e 9 I \i II 9 II 9 99 \1 M l H W M IM H IS lO IA M * IN O M N I (O M IM . H M N U A t (ONfONAIION IW S IO t M M UM NI M fO SIIO N V 3 !r!* 3 > :i ri I i ! I1 t l l m S w 58 ?s Js S ?o 111 858 5 C e llllll S5SSS8 i i l 5 2 i % M /tt/O t U! I i 5 =j 3 i I | :i i i I 1 I 8SSSSSS 11 55 w AO iin o M IIS O 0 ) 4tMv mI NMW H I O IIV N M SIM M O KM U MM iXi N tO ltM K * im i mmo *I i 1f 1 I ll ! Ir ff-l -f 1 If : 0000*0 MMM CO M o i f t * M M X tM N IS lO U K l IK O H M IO M l H M M tM (O M aU M O M M K 1 IO I M M UM NI N fO tllM V 3 st 2 3 S e . . m ~ <N 11 58 II ii ^ ii i* !! !! ii S5 II S! i! v + I &s i * M I I I M M U i i9009222535* i; m* !i h M Hi; i m i : *^si Isi s2 m 71 M KUM NIS I O U I I I IN OMNI C O M M I IM A M A t C ttfO M IIO N A IM ttO t MMUWNt M fO ttlM V st o8 t 8 8 3 St I i 3 * Z4 ZM i 1 0 /tW M i ii i i i i ii i S i I i IiISi> ii ii1i <, I2 v/*t m i ooi io j 3 * i f! I I 1 I I 1 I I I 9N ::s 8 I 8 I 2 8 8 8 8 S 8 SS3SS5S3S5S o 2 44/U /O l i v m i i i iM O IIM M M o iiv m m o ) I MM ** MWw SmO lofWi CV tamo M l O IIV M M SIM M ** MW ( J MM 10/IW t 3 :f S s 8 a s -t s3 i\ 1 ill i I1s51 S 333333339 8 5 5 S S 3 899989889 ASMSIOS K X U M N I M fO S lIO A V U I U IN CO*T<MUIIOM iIt lO M IMS NN l IU M M | M\ fM t M (O OM 9i m 4 i is ii 4 i *4 i 4 ; s 5 si l iii8ti i lit 5 s t s o 1 ! 1 i II i k l 1 0 /S I/M M fO S IK M V < < N M < M A II< M <<NMIM6 I I N M U I M l M M K U M M It t O U I I I IM J :! i 3 o ii ia 3 t:J i<s 3 2 S 2 i 9 8 i i :s s i i 83988 i 9999 S 33 9 93 33 i :J * :- 1to i 3i ;f 8 I !8 ir 0 w 3 3 e> 1i i i } i A IM S IM <M M 5' o IIiI i! w 1 II o * i 6 / l( '0t 1 : I ^ a a io Q JO f o 009 (W IIK M M iH M nK M S O ItN K I w i i v i o m d ) t v m M i i i m o ) w w HI 9 IIVM >t U HI l i l t J e tm R y tr i < l * O r4 n * i i s s s I S 6 8 839991939 9 9 9 9 9 3 9 I d e s w 1 *w i1 0 { 8 i i1 * 3 Ii eo i MMM Ii i * im CMN ( MH 9W ! UI MM1 IM A S M IM AS AM* (C M in MU W A M iS IO S M X IM M I M N M IlM r :5 i i i s I $ 8 S 8$ 1 S 9 9 9 9 I % % 9 % % 9 9 9 8o i3 5 ZI : 1 i* :I i I0 /J1 /M 10MW * rM n w m w n is io m ii* in O M N I (O O M Nt I IM M i A t (O V O U IU M A tM U O S M KU M H I M H H IIO A V 2 f! i ? * 5 at sc e :i 8 a s -I S S 8 i I 8 I % i! 3 3 3 3 3 3 3 3 3 3 S S 3 3 3 i s *m t i 3 o I Mi! I i ? i M /lf/O t H it 4 0 011 1< tn o AM mwo HI IIU M mo) |H ) *n :! 5 si* j * S iI *! ! 1%%%%%%%%% i lil S 33 3 :I * * i 1 i 1 i i ;i! I ii 3* 5$ 22 * i ii % a* s f i rf II ii s s t uii M tv OI i IN IM IK t w a a ii StM M nX M r(h IM A liw I | I t W tMmM1w/l fl KN V w 4 m o U 1 Ittlf i$iiiiii i Sii b (i fi l !9 i * # 0 1 i 3 :z i^ 9 2 i I s s I 9 3 S 58 3 33 8 3 8 888 3 333 8 3 40 01/ i 3I fc I i Um t c o I m o k n ( O w t O A p r il W JO I U iu I O III! ii ii o I 10/ ll/ M M l t i K K U M N IS IM A M * IH O W M U N M IK IIM K IM (0M N M II4M ASMSIOS K M U M M I M M S IK N IV I|ia| ill! 33 39 5S 39 II 1i 1i iI 3. !5* # w9 *- % t* 2 2 2 2 2 2 ti six! 13 2it i 1 f1 1i11iiiiii 1) 1w 1111 iii 1 ?! * H' INI.., * 111 J Hi 111 | } II i o ti io i i i r i i 10/IW M 9 * w u o m M M S IO l M 4 M N I M fOSM OM V A III IN (O M O M IK M l III j i : x * m, M5 88 S 9 S5SS S 5 5 S SS S S 999999 99 9999 S i. > j t>o i i3 ii !1 3 if li i IM At l n M M lM M IS (OMMIMb I I N a U N M M m* { > - i i n IIIII11i 1 s 3to st 5 - <N i +* sm 3 st < 5 9S i r- i i3 ft SS s <# S # 5 v < 3 3 33 33 8 3 3 3 9 9 9 39 99 3 9 lm oi - MNOI MS s J 3 4 3 t \i i \ 9 r 9 t1 I 8 i to iii3 i t to ii i% i! I o I i ! nmiii A H /lW O l i :I a s t 3 i i * I =:5i se 1 :5 SS S S 5 S S s s ss s 5 88 3 8 8 9 8 9 8 9 9 98 9 9 IIO IIW M H IHW nKM tO ltM K V Q li n h O i Mt i Oi f )i oS iV Ii Wi N MwI I m M uK i M m M 1 I M M i M M MM r t l n IM U M N Ii H X A II* IN O U tm C O H IN t M t t M U t COW OU1IOH ASM S IM M K M N I M fO SM O AT 1 0 /1 1 /M am i i 8 % (** i !! !i I M!IMi s 3 i I ( h u f) a u rllfl|t n A iiiK f M (o 19/0 io /H /1 9 I f! I 2 I i IS?ls5?; 1 Z4 I1 i 235 52-5S2asa a 44 5S 4 44 S S5 4 4 4 85 S S 5 S 5 S 5 S 5 5 5 53 33 3 3 3 3 3 33 l r ii M M o w im lo tiu ii in C M NS ( O M IM I I K M l M (M M M IIO N ASM S lo t O tU M N t M fO S ItM IV I 3 o II I i III lO /J I/t* *^l ( ( ! 910 W A M U O l K K lM N t N M M IIM 1 IN( W rO M IIOH 3 = t$33s5?5 5c2|3| 3 is I i 5 1 I I S I I I 2 S 5 ! < 5 83 S 3 SS 6 S S S 8 8 8 3 18 sss ss s 333 33 3 *% 44 4a 88 5 j 2 i 3 * I a 8> Ii ii i ! 4a 2a a a 8 8 8 > * % % mi a 11 > | * t* ii2 M 1NS l fUlMMM MK IM M M O M ( F M M **fX) Q /ti ' 4 m ) )!( Q I MMM1I I !I tO /it/0 9 PM J \ M NUM M IS IM A M * IK ttftftt (O M M U M M U (M M N U IIW A S M S IO I A M U M N I M P M M M V 3 i! $ i ! S 3 |S | 5 | l | s *S5 5 5 5 S33 3 3 3 44 55 33 4s s4 33 33 A SS 33 4 5 3 I s i % i 3 3 3 * $ m !! Mil i 1 1 0 /S I/** M l M M K M N U IM M IM O M N I (OHMINb I I M I U M M *0 **IIO M M M tlO l M U M H I l< O IIIN V 3 f! 5 8 8 83 * I3 5 1k z^ : e 8 i3ii3 fill 9SiI ISIS S393 3 2 iI s* i I * iI i a 31? 2 i 3 iiw i3 ai i33 ? ia 8 * a 2 # % 9 3 i I Ii o i! o\ I% t 1 t as t 8 1 e ZI 8 5 1 i 5 8 a i8 :s i a* ^ 88 8 * 8 9 9 3 93 i 85 5 S S3 S S SS 8 S S5 CI8 m i < s I * l i8 * * 4 II | 3 i i K Ij X i! ii jii! ltt Ii i* 1] 1I r t l f t M M U N tH It IM A M * IN ( M M ( O M M IIM N U A S tONfONAIION A S M ttO S M tU N N I M fO tllO N V 9s s SS I8 8 sss s ss s ;8 S 8S 5 S s as a I t as i ? :I 3 10/IW N 9 O fll n M tMW ( Oi l MM K K M N It Itt M M K K X IM H I IW tM A( I II* fO M fO tllM IN M V IIO M IO /1 1 /M 3 f! 3 i fc i3 !- ^* ii ss !i m l \\ i! a: , \ 4 i t r u r i( f A ctio n H in U lid t il * * 1 0 /1 1 /W 1 * 3 9 ** f! i I + V% a i2 n a M m x u m n ii i o u i i i ta O M N I <OM INfc lia U U M (M P O M IIO M A M C S IO l M M UM M I N fM IIM V 8 i ** 5 !1 :l l 1 8S 5 S S I1 I SS 5 3 3 <a% 5s 1 i*a* ] M I :: I i I Ii I m I m it i I i I, i ii i \ i i * * lii I i * i i 5 8s i ii m! * Mi iiI m8 X \ \ 1 8 a * 4 ? *i 1 ! 4 /m i tu t m to p*i4in i I *a a <Na ^a a a 3 o s sss 5 a* i i i3i IIi 3 s 33i iiI it] iiI I is s s *a a *a ss I 14 :i 1 li * 3 M /lf/O I l im i H fw W o II o IM ) N tv IHM O nam K i M w tO U M im m V su m o Nt t llV M M U N M I K * 114 nrM O O C U M N IS IO C A IIO IN M I Q (OONINfc I I M M U I COMM AHOW ASM S lo t O O CIM M I M POSIIOOV I0 /S 1 /M H b r | U Mm K * y lo S u ttM * t H m i W v e y IO /1W N 9 r l M MM UNI MIS IM A M * IN O M N I UINtM IM fc I I N M 1 A I COftMMUUON A M I 01 MM UNIMl M M S IK M T 3 > =1 * S 5 Sa ae 9 1* r- js a* ** s9 <s ; oo 3 9m> 2 99 1 1I is ss s Ss s ss 3i1 sss 3 t i i ! { i i ii <2 si I 1 1 11 ii i 1 \ ! 4 4 44 I I I it i I } 1 i * I 1 I i I 11 ! S 1 1 t II i I i O f 043 1ft| !3 ii 33 33 33 8 S3 ss ill 5sx = 1; i!| s** c*iiSl 8 3 31 :z hUi At 8? ; it=.5 1 it u riii Is u I 56 i3i i rS c *S 31 1*2 i!a r* Is i! f: If Ii O tttl ( r ilN | lik tr a U ti fa u n P o lity tO /1 /*V 1 0 /1 /4 ? i ! 11 i!iI /it I = i as 8S 1118 8 11 i ii 1 1 1 1 1 ii i i i s 1 iii 1 111 1 I 8 s i nM O M IW l (O M I M M M U I IMI IM IS MU A IM S IO S MMUMCNl I O U I I I IN NAS m( Oi lMO fllMt IIM 1 0 /)1 /t9 1 0 /S I/M M l / I M M UM M IS IM A M * IN OW IM ( I M I lk IIM M IA S ( M N M IIW A S M S I01 M M U M H I M fO S IIO A V 3 =t i I i*i $ a 3 : a I ^5 s As 9I gs -9 s ;J a s * * aa PM a ass 2 33 3 3 S 5S S 5 i s 0M :a a RIO . f i f t / l l M k . rtiy u * l I k f M l i is i * 1 i ,, , , Sir r 1 i i ii \ i 0 iI 1 ii i 3 ill iI ti i! si iI !I ?; M /ll/O I 1 ll S i o o8 3 ii i 3 4. :i 8 i i SiI m 8 i 5 iiii SS5S ii ss i IN N s8 ss A H 0 IU O 4 M 1H IM >M M t O lt I K V \ ilO IIW O H O t t V f W N I I W N O I w Ml IIV M >I S IM M fD M IN 2 1 i 1 ii 1 21 f I !M 0 n o 10 a 3 f! i i ? $ I c o I s3 i * -4 2 i * 2o { 5 I || M 51 a 2: 1 ?! 3 s S f* ;S S ass 0 * <S <'* SS66 ssss to f 3 S' M j I a 3i 1 i Iiai m* ] 2 a Vs s4 s4 sss a si as ma 3 s 3 4 1 * a 9 i s 3* f |*9 > |u n ji 3Iii iI 11 I1 il b M Mrt(OMMIMWUKIIUMMMIMt AMI Slot MOMHI (UNi0(AmCIiIOl9NTNIOINIMIOM 10/)WW 35 :! ? ill i s#* *9 ; 3a* is ms 0a* ^1 ^a ssss ii sS i S 3i So i I i 1. 3 1 i !i i IS i 3f 1 II 1] I II 11 * 4 4 /1 1 /0 1 3 I 1 s II? I II II W a O II(M H IN M ftX M (O ltlK V IIV IO Nt MO IIIV ) SV W1 V W M tl 9NIMN>> SUHM1MM 3 fig I 51 S s 5 5 ft a ssa8 as s :I 3 85 5 3aa S5S I 3III o 1 .I M U i ! : si * mm s i i 4 1 1i 4ii i<i * * ( / l W 4 M O S iI I i 11 i Ii 1 1 41 i 1 11 11 tf/M /O l A H O IIS M M M N IM N M IIW V H O IIV W HI MO) t IIIV W V I H IH I tIN M I I W M IH( H/ O I-M MM M O 10/1W V 9 f ill M DO O M N il M M A II* IN O M M (OAMINb I I H I U M (M N M IIC N A IM 1101 KM UNIN l M fo ilio a v Ji i I I i I ill 9s t lto i- J za 21 3 1 2 A* 2 9* h 2 s s eee 9e co eo o e o So S 5 5 5 553 8 888 5 SoS i .t * i *? 2 ts *% I | m I s * 8 1 1 i j2 8 s * to ?! V * IN 11 m * 1 88 I 8 4 i i r 2 8ii rfr 1 I I to j 9 to 8 4 $ ij ti ii i i i nr M C U M M li M M A U i IN OMNI (O M I IIH M iM (M N M II A M fS IO * M C IM N I M fO illO N V 1 0 /lt/W 1 :1 5 1 1 SoS a 9 8 l* r f i l i l f M tllw w l ItoU , ( 6 S ig ttc i, Ol OM O IM t 5 tt/H /O t 1 :t 3 ? * 5 j Z * ra ee XI ss i$3 s :i 8 8S 8 88 55 88 55 8 8 8888 8 S5S5SS5 8 5 * * A H O ItttM M IH W nM M fO ltM R V n d iiw o m o ) H I M V I mflHmN niX M u MM ir t it t ! ijm ilw lic H it* m< i m k s n w o 3 iI iI 1S ti iI *M M MMUMH1S lO t t lll I" OW tNt (O M IN b M M M lM (OBMMMMON tW S IO l KMUMNI N fM IIM V 10/S 1/09 :t 1 2 a * 5 O9 :* i as 5 I 9 0 1 OM 0U otn \r ii j 33 IiS 1 I3 f lf M K M U M M 1 1 I O U I I I |M tm m KM fJN fr IIN M IM rM fM H IIW k iM H O t W U N H I M rO IIIM f % * II S5 22 2 2 2 2 2 55 3 5 5 5 S :l i i 2 is s s s s 3i 1 c5 1 : ms 1 0 /lW f* IO /)l/W 3 =t iI o9 i i 5 0* * :i 99 9 * I2 !1 8 SS S5 8 88 S 9S 88 55 8 5 M O 10 IN A tm iO S M U M H I M m ilO M i* tM O N N It lO IIN K U I M W lM (C M (u m im An ) MN M 4 |i | |n m < || pm | * it4 iy - W tJ Q |N .i i: 9 | i II 4 m h t c 49 I m im |4 j * # i I t tO/U/09 l\ I I ! I i 1 i i s S 1 OOt to N t AMUMMIS IOCAIU Wn 01*Ml <MMIMb IIMAM At (OMOMIIM ASM1101 AMMMMl MrOlllOAV i z: Z * na 1 aa a1 ii I 3i : ! ! ! ! 11 ass s s s s iI I I I ss s s s I s $ 1m J % I 11 { 12 r 4 i I n 12 5 a1 ] i I a* !3 9w * W jfa j4 JMtMJitf*** I I !I i tt 3 !i iI 5S ^ -- o % * * o 0a o Iok o H n *i i i iiI se o jSg a5 z5 s5 sI *- | :j| m S 2s ai i S5 S sssssssss j-i in ti\ |J I 1 =ii U iI 15 ii 1 4 * i 11 il i1 !1 1!J iI Vw mi i 11 tS ij i 1 !!!!!! M /tt'O t N O IIO IIU M N IH M U M fO IS M U tlV W mi Mf lSi I f! g 3 * 1 Ia i s I 3 w A* iS S A. 2 i s i* *S is 5 $5$5- 5555555 SSSSooSSSSS 5 S $ % } ii 1ii ! 1 i! r, * \! ri II i1 i is 1 I 1 * Y 4 i Y ! Y 4 i Y 4 I Y 4 1 I Y 4 i vM i oS iV f t M lM M M II tX 9H M MM W ) M U 4 M O i AM f t MM (M M IS ( M i l l l |M O KIMS l O M t t I I M K t S ( O a r c U IIQ H A S M S JOS A M M l M l M F O S IIO M V 1 0 /S I/M 1 f! i o 5o s r*e /so A ft/iw o i 3S :t > * 5 35 33 sss /to in n ix m io itm v HOIIWMSO) SVnVNl I WWO ni swMnm w t4 I > \ i 1 4 i 3 1 3 %* Am 1ii i 3 iK rm M M M U M H Il 1 0 < A II IN OUtNS (0 N N IN 6 saistos K IIM N U MUMHI AN l M(MiMi i mM IIO H 10/JW N 9 !i S I I Zr js 2o io :i s i i as s s s s tiiiil 8I888888 8 ii ttu p p o rN * A a trtc w i l M fi (oapanr s I S IS 3 ill 5 a 5 2 || J 9 8 S S 8 S J S 553 i is SSSSooS 5 $ S 5 5 S 1i > c I i;t Ii 11 i 1 M Mr*l M M N IM H IS IO U 1 I* IN I I N M U I CONTONMION A S M S IO * N M U M N I M PO SIIO NV 1 0 /M /9 9 5 :t 3 i2 t ill! J s S U tn f lito r a l* * IM M im I A *t it*> 01 M l 1M * \\2 2 nM l MM U N M IS ( O U I I I IN OMIMS ( M M I M M MU AS ( M M I I U M ASMCSIOS M M IM N I M f M I I M V 1 0 /ll/M f 3 l! I I S 8S J 1 I II ii S SS ii AS s 1 ii 3 i9 ii ii i O ii 9 99 i /U F F i l e oToitt ln eo t es In d e x O w ens-C om ing F ib e rg la s C o rp o ra tio n 's A sbestos Documents c b 'O b > 0 b Q, c 0 b 4J 0 s u 0 b c b e b 8 U 9 *4 9 O 43 *4 0 c -o 'O 3 H0 3 00 o 9 a0 b> b <M u 9 88 0 * *2 0 T* 0M > o 014 b 01 3 0 M 8 98 b3 um 0 bO a 0 4 4; JS e* 44 0 b 43 44 0 b c T3 0 <3 44 b <Q >8 0b U0 e 0b * 43 b 0 --4 <W 43 aa 0 44 b 44 M 08 0 b0 0 44 <*4 0 C b 44 C *0 *3 O 9 M A3 43 *j b 03 d OHJl es 3 -*4 0 43 -4 0 Ub0 0O 0 > b *3 Mu b >4 <MMb8 03 bb 43 0 3b >t> OO b 0 >* a. c0 m*4 00 0b m 900 Cb M 44 9 b *43 e 44 e 08 0 8 3 b <-* M0 a0 o0 0 0 1 0 *s 44 b O 0 b 43 0 b 44 H 0 8 b >44 44 0 *4 44 0 'O -H 0 3 00 6 0> o b b b 0 0 TJ 3 44 0 O 0 44 44 b 0 0b b <M a0 0b 0 44 a> 0 S c 0 0bb u b 44 b aM 0 0b * 44 O 0 A 3 b O b 0 u 0 b O 0 44 00 0 0 .wa as 443J 43 b 0 *3 b 0 0 O *0 -* 44 TJ V 44 0 8 -O 3 <N b 44 *0 9>M O 44 44 0 0 44 0 o <n e b b > 0 *4 c v b 3 44 b 0 44 b 1 0 3 O' 0 0 0 b 44 0 b 0 b 0 0 b O 9 0 9 00 Ob H 0 b b 04 0 M b b 44 ^ 0 a 0 a 0 44 y 43 *4 0 a 0 a 'o 0 3 44 b 0 b 0 o e 0 * 0 >0* 0 0 b 08 >0 <w b <3 M 0 0 0 * b 44 O b 0 A b <n 44 O <44 *4 0 44 0 o 0 b 43 0 44 44 b O 0b 300 b 0b 44 O *0 0 0 b 0 9 0 TJ A b 0 44 0 b 44 44 O ' b *4 4 <W 0 0 <N >, *4 0 0 0 a <0 0 9 <*4 44 0 M OM bb 0 O 8 9 M b b 043 90 0 0 0 9 0 44 0 44 9 Q.b > Gu O 9 b 44 9 0 <3 <44 U 9 -4 3 e 00 0O 44 44 <0 a x m 0 0 *000 80 b 9 *m 43 b 9 a b a 0 0*4 44 44 0 3 b0000 0 0 9 O 0 Ob 9 9 44 0 44 43 b O <3 8 0 9 0 8 <a 8 0 0 0 b %4 0 H 030 3 O 0 44 03 43 O b b 0 0 O 44 **4 0 9 H O 90 9 *0 0*4 0 B H 0 0 JS 0 0H 40 44 0 b 0 b 44 0 b 44 a8 M0 0b *4 0 >4 0 M 43 0 44 b 0 0 O 0O 9 b 08 b >0 0 *W 0X OM b 44 b b 44 08 b b 43 0 0 0 b 0 44 0 bM 0M 0 44 8 bm 0 9 0 3 b % 9 b 9 44 0 O 0 >* > *a 0 44 0 0 b 0 0 b bb 0 9 44 0 45 44 9 Ob 9 0 b 8 3 8*3 9A 0 0 b b M 43 44--0 9 O 43 > -0 0 b 3 *4 0 & b 0 M 44 <Q Q 9 AA 9 *4 44 .0 *J 0 b b O 44 C T3 b b b0 3bb tJ 0 b 44 44 'O 0 0 03 a0 a <q b9 X 9 44 <0 O O 0 >. a*4 M 9 <44 < 30 0 9 9 0 <3 0 0 44 b00 b00 3 0 > A 0 b 44 8 09 *4 0 0 8 44 *4 <a 43 0 9 44 0 b 0 * A0b 8b 3 3 0 a8 0 0 00 . 0 44 099 a a *4 9 0b 9 hXh >4 0 9 a8 8 <4 0 0 98 M b 9 b O 44 b <M 0 0 ba 404 X 20 0 0 b 0 8 43 43 b b +4 b b 44 00 8S43 8 0b 9 3b 0 0b 90 CM 00 *0 >ib b0 b b 0 u 0bA O0 bb 4b3 a 0m 8 3 0 J X 00 bb 'O C 0 43 b b b 0 0 aa 0 8 0 0b 038b A w 43 a *4 u 0 a0 9 O 43 0 43 0 43 44 *4 3 0 O 4* A 8 *4 8 3 0 *4 0 O 0 *0 b b 0 0 1 0 a 3 44 0 b 0 8 9 Ob 3 8 0 *3 9 Xbbb0 >! -4 O b 0 **0 a J0 b 44 9 0 0 ><44 0 9 b 0 <w b 0 b 8 b00b O 0 0 0 0 >* 3 Xb 4 O *4 A 08 99 - 0 42 0 *4 b 0 b 0 b 0 > > 0 ao 443 % *4 98 0 0 0 <a O 0 b *J A 9 9 b 0 *4 b 44 b au 0 , 0 0 0-0 9 0 AS 0 a b 44 9 0 3 i0 9 sb 90 *a 0 0 0 b 0bb b 0 9 0bb <*4 9 0 a<W 44 0 890 3 tJ 0 44 0 b 0 44 0 C 44 8 <w 9 bb 9* b 3 ab c <0M a 8O 43 0b O 0 b 44 9 44 >b b 00 > 0H TJ a b O 43 0 -44 8a 0 43 C 0 0 44 44 b8 *4 9 9 Oe m 3 99 *0 b e 9 b a 0 b A 4J fbtb0 44 9 044 b b b A b <M 3 b0C 0bb 3 0 b M <44 0 b b >43 O 44 3 44 43 b fi 0 0 <a m b3 0 0u9e 9a *34 b0 '43 b 0 b b b <0 8 0 * CQ 80 b 0 0 3 0 0 044 i-i 0 0 3 z O0 0U a A ' b b a 0 "O wC 0 bO w b 0 A b b -- 3O 0 0 -o 0 b b 42 b6 b3 0 b s 0 03 * b --b bb b A O *4 0 a0 1b O b O 00 a 0 b 44 45 *4 b 3b b b 43 *4 'a b .0 a0 6 0 -3 X a 6 b0 0 44 a. th e n is f ir e , w ould be page was stepped w ith lu m b e re d 03 in s te a d o if f an 11. A c c o rd in g ly , 0 2, th t s h fe teh i rd , was 04, e tc ., lis te d on u n til th e 10th the in d e x, the O 4J j- XU9 O9cX o9<a0 o> U 3oc98 C0 u~h3 *ej *-4* -H -CH Oo >- 69 *C- X9 *ca o -<* o3 3 -W 9 9 9 O ' C o9' e0 o O 0 X44 -*4* -U4J <8 M0 O9 9 ->4 90 U9 4J 9 M O > O^> ^4 ea 0e o 9* s9 a '90 J3 9 OW 93 C9 XO >* 5 i l -XU4 H9 9 -4 U9 X 99 XO' 9 W9 9U XM9 X 339 i <MN-XMh9 S9O'xM0^ X+j 399m 9 9-00 (M Q, 99 <o*4 ' oC> C9 o-h > X OM9 h>oC'-fe44iyX9 0masMOe' -9C4 O*U4 XO9'*---*44* X9 9M ro oO 9 O ox -4 8 O O < Xu <-4** o3 3e O9 9 -0*3 e U9 >9 09< 9 H >9 X -- -- 9-4-4 3 C O 9 'MO' C99 99 X9 XM X>9 -of4iMx <0M *m Me -O4 3 0H 99 -4 MW O33 0BtO33 V99w0o3fiwf9t WM9* 49JH9 9 -4 <M MC %4 H> 4094 XW' 9<M 99 9 9-4 Me B3 m8 3 9 9oax0w -eO4'893 e M X9 m O9a'~i 83c -Wo4o00 9Xw au X9 3C8 -4 XO3 -9C4 W OH' u 0 --O X9 ifm--O M -oc4 M 3 oo --9* #4 O999 9 -84 a9>t 9O X O *>4 99 9 30 -O3o4 9S 0u -G4 U9 O9 9U9 93 >*M 9 8 XM9 >4 -*44 9 -of94i O9a' 9OO 0 Xw f83i 9w0 o M Xa o Oe' f3i 993-4W0 0X O' 9 a9 U9 83e (0 p c 3) S 3 O 0 Q (0 0 p a <9 IP -fi V a < G HH (0 C 0M i> P Pp fi* <0 G U9 0g a *ra*.nN up 0a cj ft r*>^ Ov QB (0 P 3 W *"* O' NA0CHN.)j M a 43 P Cu o c P G u 0 cj QB c 3 o fO r- jj oX -- -c 0) c M o T3 Hi ' -H 11 ft P P (0 U P (Q O *0 O C T3 O O O'flH PC y-w C >1 <Q4JHH Q ma p o *o H a o -h U P CO P 1 fl a-H a O P ft 99 h a a a 4^ O' O CO u U JS c P 43 3 P ua p p <0 43 *0 &. e e o aPPP O' 43 <0 CQT3 3 U Hi) o fi 9V44H U43 0 P O 43 P Op O 0 1 >P -C a -h c C MP 0 aop o 2 C P *H Oa a3 a o <M U -H ft O *0 P P PP a BOh HP p a >i a m pp a o a P o ft P p a% a oa 43 P c C p 4a3 p pcao gp a 3 a p P O P JS P a 0 CP 0 poo o P O0 x a pa 0 M 4a3 p P M *o a JuS 9 p p UPa a a op a Pp 0 p sp auu e a s p a p a > JS 0 O G 9 t* p a p ap a 33M JS G O aaoo a a *o p p 0 p ft g JS p a pp a JS M ap a p H P -X P o a PU c > pa a a P 6 g- c 3 ft a O CJ *0 o OOj! p a *o a p ug >iO. 0 p JS p ft H p CJ a ao appp a 0 a > ao c 0 P ft aac p u ft U p JS P AP a p aP a * - o *o a pc *o e m a a H O gO C a3eo P o a p O' ao p 0 U ftp m 0 p H JS u > fi P o p a p 3 a UP a ft G A M *0 0 aa a p JS u 3 a p O c pO0 0 > p CPnOP JS P JS > P a 3 ap a js p ps a a0 M p mo a P G a u ft a pp 3 O M 3P GP 0 90 fi 0 6 OP > P O' 0 0a u P p a *o O.' p a * >i p p x P *0 CG p e a au* p > p ou ap >1*0 pp c a 9 P ftp 0 oC * 0 IP m Oc' a p a XP 3 JS o a u Uaa P0 fi a *oo 3 O' O' Pu *p oU9 >c a ftp P 0 p a U ft ft M *0 ft 3 a fi -o Ou po P S-l o H O 3 U O a a -C C p P JS P JS P 3 p o *o p p fi ft - 0 fi P XP - a p *o *o a js fi 3 fi OP 0 0*P P a P JS u ap a o pp ap fi JS ft 0 P p fi ft 0 p fi 3p ap 003 a Q c pp u o JS M 3 P P a oop PP o o Pu a a a ft > a* js u a a p3c - 0p * a o* o X9 p fi p u >i 0 p U Mp fi p 3 a P *0 fi 9 <N P P fi r* *0 *0 JS a ua Pp 0P 0 a js p aoaa p ft a > a ap a a a 43 a fi P P u PMa m o> o *o c a 43 E-t P p a *o w fi pa pa p P P 44 M P 3 fi o 0o*Pa P a paaa 0 4 /0 S /9 I 1438 01 9 99o0 9 09 o p-* ^ -- 9 9 r 9 ^ N9 N0 9 99 9 9<N0rf M^R 9 u. 9 <s> vO -09^09 O9 N0 N0 a# m * o o o oo N N N NN N O (St 42 O il 1211 SUPPLEMENT I OWENS CORNING fIB E R G L A S C O R P O R A lIO N 'S ASBESTOS DOCUMENTS H U E INOEX PRE 1973 f i l l ` P n s tu n li M m oi CM. Hi o 9 mb 9# v> -- i*S * < 5s g-JS U >O m -is 3: s o 9 ^ 9 9-* m U <0 Qu s l PRE 1973 f llE H U E INDEX OWENSCORNlNG FI8ERGIAS CORPORATION'S ASBESIOS DOCUMENTS . SUPPLEMENT I 04/QS/9I 00 O* Oo s u V) N^ * * m N (0 O s4 N N i a Is s w^ WO wO w lw M ir a ilt. Anlkoay 42 021 2244 2354 PRC 1973 f lic lin e inocx oweNS CORNING fIBCRGLAS CORPORATION'S AS6CSIOS OOCUHCNIS * SUPPlCHCNt I 04/OS/91 9 U4 . V) -* 9 ` o 9 30 AO 9* N 9N 99 ii* N O N O iM A 9* 9 e9 * S um I -- -- M icfcanictl S ptd IU * t ton* I I 001 0019 0068 i i 1 OWCUS- COBHI MG HBERGLAS CORPORATION'S ASBESTOS DOCUMENTS . SUPPLEMENT I 04/0S/91 O < Ob W> W) A vt *< g <3 o *9 o 00 tO oN 9> NOo N N (Sf lCh iRaahl N e lih M k N r I32S N u ii V. C. TajfTof SI 002 0923 1227 m uPIU 1973 me INDEX OW(HS CORNING fIBIRC1AS CORPORATION'S ASBESTOS OOCUMENIS SUPPLEMENT I 04/0S/91 <0 3M i i tSt CSd N 90 <n NN *4 s* 90 ot 90 iii Pge f i n m upri 1973 index 'fOWNS-CORNING IBCRClAS CORPORA! ION S ASBtSIOS OOCUM(NIS . SUPPLEMENT I o f+t N oo N o ooo oX Id Id <d 00 u o VI e i a; a N N 00 O oo00 <No OO a VI i 9 91 O3 VI MM rs au MM ev (M i-* O M A lpkabitic aI IM u ol Spacltlcalions SU adirJi afai: i. N f(MENS CORNING IBIRGIAS CORPORATION'S ASBESTOS DOCUMENTS . SUPPLEMENT I M iliiM r M i l i l l i (SbiRkMiN list) m 3S P 1973 MIC I l I U INDEX OWENS CORNING flBEftCLAS CORPORATION'S ASBESTOS OOCUMLNTS . SUPPLEMENT I S till C lan Navy 1 7 -M H b Malar aatf C antrol Equip DC (Far SklyfcaarO aaO Matarfcaat la l CaaU> En|. SUM) 3B 001 1176.01 19?7 ***^ O o< a. --9 e* sd 9 9O --9 ao c* m ^ <n N O cs* (v <s* s* N <0s** CSJ O9 00 ^^ CSJ <SJ 00 9 GW wO N 40 9N CSJ 9lO N cn o* csj (9 m m^ V W9 >0 * s* e* Csj N NNN sj Csj SUPPIEMENI I OWENS CORNING FISENGIAS COSPOftA1ION'S ASSESIOS OOCIMNIS H U E INOEX PHI 1973 ( I U . 35 (9x i MM v\ g mS u s O i o O3 * -- n uPRE 1973 H U E INDEX (MENS CORNING FIBER6LAS CORPORATION'S ASBESTOS DOCUMENTS . SUPPLEMENT I $ ( Clara faO aral Spa* S S A -1 II6 A coustical Prafab N o tts 31 001 3SS3 3608 OWENS CORNING fI8ERGIAS CORPORATION'S ASBESTOS OOCUHCNTS . SUPPUMENI I a* CJ N Q< 5 12 ^8 S mis ta^aM* <a w M Ot M a .O w N a N u u M aoo> aa a a a Sa ow M MM 90 o v S itli CIk i ifo io ro l S^ac i 11cal ton H H N 3 7 I* M io tro l Wot I, iMpfigoatoO, B laokol, Bloch Pipe C oloring (HolOoO) (fo r lo a ToAporoturo) 31 002 0169 0)79 l l l l iPRC 1973 M lC I HOC X OWENS CORNING FIB E R G IA S CO RPO RA!IO N'S AS6CSIOS OOCUUENIS SUPPIEHEN! I S till C I(U F ita ia i S p id llc a t loa HH-I S6U la tu U tlo n , IH ra s I, AsMstas. Hack aal P lpi Covadng (fa t 1 a f ia U rit vy la 7SO 0 | im ) 31002 O6S0 06&9 4 04/OS/91 SUPPLEMENT I P R f 1 )7 3 M U H I U I HOC X 0N(NS CORNING MBtRGUS CORPORAIION'S ASBfSIOS DOCUHCNIS 49 9> 9> >O4 <? ey* <9 N O ^W CD esi X o m CO 44 O o N s0 O4 N o 9 n < <A -- usi uu i aa e * - M ?3: * | M u 3 44 a 4 <* e 9 44 e 4 44 a9 94 44 <4 iV tiM| | |t lnj linePRC 1973 rue INDEX OWENS CORNING HBERGIAS CORPORATION'S ASBESTOS DOCUMENTS SUPPLEMENT I <S> o o AN* N S4 U i s (7| <4 N VO o*> <0 00 00 00 N0 Saul* Clara ttiilla r v SpaciI le a lia * W llS td l2 9 E Matklnf la r S E Ip a il aad S larafa 38 002 1887 2486 $ *{ f(NUNS CORNING IBCftGiAS COfiPOfiA! ION'S AS8fS10$ DOCUUtNlS . sum utNi i Santa C lara fa4nral S pecification U LI-S 3S Insulation 8ootl, Ika ra a l ank In s u la tio n Slock. Ifcaioial 38 002 3760 3766 lin ePRE 1973 H IE I HOCX OWENS CORKING FIBERGIAS CORPORATIONS ASBESTOS OOCUNENIS SUPPIENENI I Sanlt C lio M lllU iy S pacllicalioo W aldini S alj. E la d fic a l A it. A C Iranslom ar lypa. P artabla Mll-W 1941 31 003 0072 01)3 put 1973 F U ( TIUE INDEX OWENS CORNING fI6ERGIAS CORPORA!ION'S ASBESIOS DOCUMENTS SUPPLEMENT I Page 17 m upftc 19/3 m e iNoex OWNS CORNING flBlR G lAS CORPORATION'S ASOCSIOS OOCUNENIS SUPPLEMENT I o --o Xo CD m v S31 28 0* o o o/> 3 v> V* <4 am 13 V* - m NN m ^ji mN N MM e t ---- w5:-s|S < * fr tate (M il C llil t im u iy S p ititU iU o n Ctfeti*. E litlr ic (R4u<iO O l M M t t f typo) (SklpbotiO Ust) N IL-C -2194 38 003 06S9 0734 01 1 PRC 197] F IU 1 IH ( I HOCX OVENS-CORNING fI0CR6LAS CORPORATION'S ASBESTOS OOCUMENTS * SUPPLEMENT I 04/OS/91 1*1 ltd V iit ilit iA g A p p irilv i I Piping OWENS-CORNING fIBERGIAS CORPORATION'S ASBESTOS DOCUMENTS SUPPLEMENT I o o < w> a 0* oX o 0 1 ft 0-- i s M a* MU l o 3 ^ N a* MU as (MU a MU a* MU a MU l i wM4 O tk il VMfS S. J. 12- c tU | 43 100 0262 0298 PRE 1973 f U ( 1 IH { I HOCX OWENS CORNING fIBERGlAS CORPORAIION'S ASBESTOS DOCUMENTS . SUPPLEMENT I 04/0S/9I - O o V> M 5S uo uo MU N <n V)U N o MU S V* u MU N <s* n MU g o <o ot MU MU MU MU Supply *a4 CNlrct U c 1967 43 100 0I4S 0846 (M/OS/91 0o0-- a W) VI oo 00 a 00 00 oo o o<31 CM CM N n 9 9 v0 9 9 9 9O 91a 9 00 OO 9> 9> 9 --a 99-- 9> 9* N ao N 1381 1440 i 43 100 SUPPLEMENT I OWENS COMING fIBERGLAS CORPORATION'S ASBESTOS DOCUMENTS . San la s t 12 to Otkar Vandots o s uo 8 8I e M N 33 a u 3 t/i a* (90 > (90 a* (90 a* (90 a* (90 aa 190 aa (90 3a (90 aa (9 O PM 1973 HU II1U INDt* Owens coRktHG neesGus corpormioh s xsetsios oocimis . SUPPUUEtn i 04/OS/9I o o 00 v* s 8 tte 3 s M tA wt WJ 0t so s <N4 */* 00 0* o e** N 9B N s Ite 3 3 Ok 8 8 I*. 3 I `p * g 23 I K KPRC 1973 f I K INDEX OWENS-CORNING FI8ERGIAS CORPORATIONS ASBESTOS DOCUMENTS . SUPPKMENT I 04/0S/91 < a. & ^ o* Oo 9*1 CM <4 9 N O MO NNN 3 MU a MU a* MU ^N NMN a* MU <n N O CM *6 -* o Cm CM cm n m N CM N CM CM CN* aa MU * i MU C* C ooliicliai <0 O N CM -- 94 fs* O o 10 <4 %0 oo V) 3 oa<j Oto to X to m to t- o oa <4 N SJ 1 3 o oo N O iSl <s to 9 u a. l l l l lPRE 19/3 H IE I HOCX OWNS CORKIMG flBIBGLAS CORPORA1ION'S AS8ES10S DOCUHEN1S SUPPIEUENI I O U N <S4 o i v% 51 44 M oo 90 MU 90 MU ON N m NO oN c* N Supply * n d C o n liittin g Hugh 1aylor 4313-MS 3274 E d it Oikltnd Lll Sclrnc# Allcr at ions U C . B xktlty $12,104 43 103 0171 0298 f i l lPdf 1973 1 U U IttDIX OWCNSCORNING FIBCRGIAS CORPORA!ION'S AS81SIOS OOCUUNTS . SUPPl'MEN! I 04/0S/91 <J OO O I 3 VI 00 <4 <n N Uni aka I ad (OCf P uickast Oidars and (a la la d dacuaaals) 43 103 3613 3803 OWENS COINING FIBEIGLAS COIPOIAIION*S ASBESTOS OOCUMENIS . SUmCMENI I O <N sd 40 o o 1 s o CooM Mot ci oCM 9o o o U V <0 WO MO MO MO MO KlO MO MO 40 oCM * oCM MOl Su m >7 aa# C aoliacliai 1967 Narlaa C a rp a *'*** frIngw B a a a flls Local #1149 Jolaaia Qua ty IS U m. 43 10S 0420 04S8 f i l lPR[ >973 H U f INDEX OWENS-CORNING f1BERGLAS CORPORATION'S ASBESTOS DOCUMENTS SUPPLEMENT I <d u 3M9 MU MU A <7 o <A A o AA lA lA oo O in A o am 90 o n Ao UnknoMA 0*rAJ Ca in i | f ib t ( | U s C o rp tn lio n R it( o tftt1 1 v t A R justftinl 19SS19S6 01 o$$ 0799 0918 Pfit 1973 M U 1IUC INOIX OWENS COR*I KG flBlfiGLAS CORPORAllON'S ASBESTOS OOCIMMS SUPPLEMENT I 19 09/1/01 :3 O N N <n Oo cs* N CM </> CoM (3 ^w os wi V* X * wO ?a O o o <n It M /I/6 ! M/1/6 S| -* U g o. a m WI p G S 3 O 0 a 0 P 9 fi 9 < 0 X e a u 0c p o b0. 9c p p 0 P P P 0 a p 0 CJ o b. a* p fi P b. O' c H e p 0 u 1 9 G j o cP PA P 9 4 > 0 hi a c 0 p p a u 0 P s 9 9 fi H a p 9 P 9 A P-- 0 C 73 9a p o a o o p >i pp P p aa 0 9 'M 9 0P > #O op is a 9 0 P a P9 OP 0 pO Q. P fi ^P C P c 90 P 9P P >a 0P P0 Q*4 C CP . 4a p p p A e^ 0P p pp 0 a w 0P pe e pp c *0 9O P 43 <9 4a p p a P O' O' se ap 4a p PP O >* P 9 PM P * PP a P 9 PP #9 ASP > 90 hi *a O* dp 0 p p p o dp pp p >*43 e a p c ea 9 PP a0 p ft & a i 9 A o> G c p c H P A 0 P Pp c pp c9 a H P PO p 4 p J fl 0 il a> 44 9 Oa 9 P P P 0 p p hi 090 C C P *H P P 0* > So as c 0 P -H Op Up p -h ap 0 0 H Ui P >4 P O 0 P I--* fi a p p P P 4 44 O fi 05 fi goo 4 --' P fi p * u 0 0 O' 9 P P9 p C 8 9 3 <N P P9 0>p o P P a * P C O (N C -H P >, 0 p e p p 3 44 p fi p p i a a 0* 4 CO c p 44 c p S p 0 6 P 0 0 0O OP p tt P P M C P W hi Ob. a c pg fi p 0 a C B 9 o J P hi 0 P C 9 fi c a * 0 4 9 *0 - c fi p a p p -C 9 P 4 s - P P OP fi p <n p o p p p 0 P C090P 45 fi P P p fi hi 9 0 fi P 4 p 9 P O 9 o p o a 9 fi p CP SPP P9 * P p P P 0 <s * P fi fi a 4 a pP 0p op Pp fi o a p p p 9>fi o 0 4O 4P -OP a p > b* O P p o 9 p g a p 3 fi fi o. Op p9 a xp c0 9 0 fi P O' *P 43 p a p a Oi fi fi P P p o a p e fi s fi o o o 0p P 0PA p o 9 a fi 9 o 9p a 9fiPPfiPO.fi a o o a c: o p a fi 9 u P 0 0 9 O P fi P 0 p O 9 o a 9 0>P fi fi P 43 0 fi fi 0 o ap p * e p p p p a o' p p p p p epa n pp o p o p a O' M P hi P P p p e p 9*0 P 4 0 fi o e p p a fi p p p fi p a pa a pp o a a 9 P * p ap e o a * > 9 0 P 0 fi p 0 0 p a 9 p p op a u u m p a 43 p p fi P ~ O o fi > 43 POOPS a 0 H P ap p99 a fi 43 PP A pep p O' P C9P P 4 P fi app 9 4p 44 P 9CC oa ao a9 p X P O' o 4 * ap p <w 9 30 0 a 43 C9 0 fi P P40 P fi 3 0* fi 4 pp a ** s P 4 fi ap 43 P 9 fi fi P P O' * fi C P ap a a ao fi B o o CP 9 a ap ep pMP * a a a %o o a p p a POPP <M o P0X ap g 4 fi O' p e a fi 43 p p O P PP P a fi a 1 OP auo CP 9 0 fi P ' fi *P P fi P P P4 a O' P fi qp fi 4 PP 3 oa p fi 4J X S h -h 9 e C fi U -r* P 4 o a 4 a 4 0p O 3 a p fi p A aw p G a. <& 4 0 fi (B A C fi P p 3 0 o X fi 8 p a a CP 0 O c 9 P PC 4 I oP B P P P 3 a a P O' O o o P CP o P o - '*H *H 9 Po PP P P P O' p *a a p c P 4 8 op a a 4 9 X P P P fi * PG P o *9 a *4A4 PP 0 C p a 4 PP o p a ' pSSP 0 -4 4 4 0 * 9 *p p o P 4 a fi a - e fi P P 9P 0 p ** % o a fi -p a fi O' 4 9 O fi P P 43 9 P P p 44 P ap c 0 fi 45 fi ap p fi fi c o a a o c p a fi fi o 9 44 P 44 a wap p o' a 9 O A e fi fi P P p o P fi p p p p P fi p a 43 ap p 3 0P P p c fi 0 P P a oP PP OP P *fi O P a pfip a o o9p p a a M6 sp p aap 0 -fi 4 pp p9 a 5fi co 4 P S 4 a fi 0 OP *4 m For exam ple, i f stam ped and th e fwi ir tsh it n p a a 1 e 0 -p in a ge th e f ifli le e, a m is fire occurred a fte r the f ir s t page wa6 numbered 01, th e second page, becau g &9 44 JZ OU 43 ' 44 4J * O' fl -H x0v y & 9 0. S 0 *j T3 3 C y C O' O C w H C o *9 -H 'O > 6 *j 0) 'O <-- 3 C O 3^0940 o e -C 9 0 o 43 -H 0 o jj -h ca 44 *0 > 0 u 9 9 a -h a o 44 0 U O > U> Q* 0 -h -i C C o o- *- 0 * fi B ta *0 43 0 O <0 c 43 5 MMuN H 0 0 js n fi u 44 * 9 9 H 43 43 9 JS 9 <w 8 O' M 44 JS 0 3 9 44 9 C 0 -C h sy a 44 3 <N 44 O'^ * 0 O 0 0 *0 O <44 Q **4 *H **0 43 0 O' fi -H C > O >* & 0 O' qh cy y c o' e a y c-h 9 u O' C -O -H 43 M -h Ut 43 *- 0 V 43 i*) O 9 O H | O O 43 -* 3 3 < *MM 0 fi 'O -H 5 a fi ^ Q,~H > 43 *+ ** B *H ^4 8 O M 0 3C 0 fi 0 0 > 04S 43 0 fi 44 M 43 4J H 0 H 4J fi 13 l-ny -h * H 3 -O 330 o o g2 a 3 a 3 # 3- MOM * vO 44 fl M U m ayh h H 44 o-| B 43 <44 B o-4 JJ fl B 0 0 fi 3 w O' M C fl fl 0 * fl 0 43 O' 3 44 O' * * O 0 43 B O 3 U 0 Jfi 44 0.- fi 0 <0 44 (0 43 S 3 G A0 oc 3 -M 03 O' H 0 o"*. -- O 43 44 m r* O' cn c u 3 oo 'O -- B -H B 00 S Gk H > (4 43 0 N 4 0B 3 0 -o 3 fl -y 0 ou su -H 0 BU <- 0* >44 0 43 44 >* *-4 B <H 09 fl 0 0 ft -o4 BM f o4 og o3 a 0 M0 44 4 O' 1 <0 e 3 iy fi B M 39 O' A fl 0 CU U 0 f3i 1 V, AOREdOT made this 9th day of day, 1958, with an effective date as of the close of business on April 30, 1958, between CtoERS-ILLIHOlS -j!AS5 COiiPANT, an Ohio corporation, hereinafter called "O-I," and OMSNS- CCRNING FIBERGLAS CORPORATION, a Delaware corporation, hereinafter called "OOF." In consideration of the mutual promises nerein contained, the parties a^ree as follows: 1. 0-1 hereby sells to OCF certain of the properties, herein after more particularly described, of the Kaylo Division of 0-1 on the following terms and conditions. 2. The term "Products" wherever it appears in this Agreement means hydrous calcium silicate products of the type heretofore manu- ' factured by 0-1 at Berlin, New Jersey, and coononly referred to as "Kaylo." OCF hereby purchases the inventories of raw materials for the production of Products, Products in process of manufacture, finished Products in warehouse, and the manufacturing supplies and repair parts at the Kaylo plant at Berlin, New Jersey, all as of the close of. business on April 30, 1958, for an aggregate consideration of 9633,661.Ul, which OCF agrees to pay in Toledo funds upon the execution of this Agree ment. 3* OCF hereby purchases all trademarks relating exclusively to Kaylo owned by 0-1, Including trademarks set forth on the attached Schedule A, for an aggregate consideration of 917,500.00, which OCF agrees to pay In Toledo funds upon the execution hereof. It. OCF hereby purchases as of the close of business on April 30, 1958, ths land, buildings, aachinsry and equipment, including fTTEFENDANTS EXHIBIT -2facilities under construction, office furniture, fixtures and equipment and automotive equipment, all located at Berlin, New Jersey; equipment at otner locations used solely for testing Products or research in con nection therewith, for an aggregate consideration of 53,600,000.00, ; which OCF agrees to pay in Toledo funds upon the execution hereof. I 5. OCF hereby purchases all inventions, patents and patent 1 applications, both domestic and foreign, owned by 0-1 at the close of | business on April 30, 1953, defining Products, or processes or apparatus for the manufacture thereof, including but not limited to the patents and applications listed on the attached Schedule B, for an aggregate consideration of i2,650,COO.CO, which OCF agrees to pay in Toledo funds upon the execution hereof. 6. O-I hereby assigns to OCF all of the executory contracts | i as of May 1, 1953, of the Xaylo Division, including those for the pur chase or sale of goods, materials, equipment, supplies and eapital assets, agreements with labor unions, consultant agreements and all other con tracts having to do with the conduct of its business (excepting, however, accounts receivable arising from goods supplied, sorvices rendered or other transactions prior to May 1, 1958) and OCF agrees to perform and discharge all executory obligations under such contracts (excepting, however, any obligation for goods supplied or services rendered prior to I that date, these obligations remaining the responsibility of O-I and ex , cepting the obligation, if any, of O-I to pay compensation to any salaried employee of its Kaylo Division by reason of the termination of his employment by O-I), and will save O-I harmless from any and all claims of any third person or persons for aqr breach, after assignment -3thereof, of any agreement so assigned. O-I will save OCF harmless from any and all claims for any breach, prior to assignment thereof, of any agreement so assigned, and for the breach of all warranties and agree ments relating to goods delivered prior to May 1, 1953. 7. 0-1 will permit OCF to have such access as OCF may desire to the books, records, contracts, orders, files and properties of the Kaylo Division, and as promptly as practicable O-I will deliver to OCF all books, records, contracts, orders and files of the Kaylo Division, except such as O-I desires to retain, and as to these, O-I will make and deliver to OCF copies of aiy OCF desires, 8. O-I will turn over to OCF as promptly as practicable the files and records relating to all domestic and foreign patents, applica- tions and inventions transferred to OCF. O-I will cooperate in making available other pertinent files and records, and O-I will cooperate in assisting OCF to prosecute pending applications and to file and prosecute additional applications on inventions transferred as OCF aay elect. 9. O-I will deliver to OCF as promptly as practicable all deeds, bills of sale, assignments, and any other documents that are necessary or advisable to carry out the purposes of this Agreement. All titles to be conveyed by O-I hereunder shall be free, clear and unen cumbered, except for the lien of taxes and assessmsnts not due and pay able on May 1, 1958, and except for defects in title to real estate which do not and will not substantially interfere with the use of real estate for the purpose for which it is presently used, and transfers thareof shall be made by deeds and bills of sale of general warranty, accompanied by appropriate abstract, report of title or title Insurance policy showing real estate titles to be good and aercnantabls in 0-1, free, clear and unencumbered except as aforesaid. 0-1 makes no representation or warranty whatsoever, except as to title, as to personal property sold to CCS, nor as to the validity or scope of any patent or patent application, nor as to the rights OCF will acquire under any trademark or trade name. All documents contemplated hereby and all necessary corporate action shall be subject to the reasonable approval of respective counsel. O-I and OCF will each pay its own expenses in connection with the transaction herein contemplated. 10. The possession, use and disposition by 0*1 of the assets sold to OCF from the close of business on April 30, 1958, until the consummation of the sale herein contemplated shall be at the risk, and for the account, of OCF; 0-1 will account to OCF for any excess of its receipts therefrom over its disbursements in connection therewith or OCF will reimburse O-I for any excess of such disbursements over such receipts, as the case may be, as promptly as the balance can be determined. 11. Any controversy or disputa arising out of this Agreement shall be settled by arbitration conducted in accordance with the rules, in effect at the time the controversy or dispute arises, of the American Arbitration Association. 12* This Agreement shall be governed and construed in accord ance with the laws of the State of Ohio applicable to contracts aade and to be performed in the State of Ohio. 13* The several rights and obligations hereunder shall ex tend to and be binding on O-I, OCF and their respective successors and t' assigns, but no tnird person, except for such successors and assigns, shall hare or acquire any right hereunder. IN WITNESS Vi HEREOF, the parties have executed this Agreement and affixed their corporate seals by their duly authorized officers on tr.e day and year first above written. OWENS-ILLINOIS GUSS COUPANT srrnts a r-7'.? cr rr,gr-*n%s Trtto-Jftarl; Kayla Ktylo flr/U* 0 TfeltrG StitM Psgistm'cJ.'ga ro> to.,78S 619,SSO ,r-ytkylo pjylo 7t*%U& i:rr*-.!.y.r?.t;.ca r? Grc^ TSrM iIn t$q&i c fc*iw aritita TT0,3 Pat* 6/18/S6 0/36/52 V 1/57 gr.-> 32/31/; 12/31/? flCffJBUUf B MTLO TAITTTH 4!*) EASTS? APPtICATXgrg 1, Ttalteft St^tot Tltsnts rsteat 5c* 2,425,610 2,439,72* hb.23,22-3 2,5>,303 2,5i:0,354 2, S'", 327 2,570,83? 2,574,667 2,665,S?6 2,7<*8,008 2,77,3t5 2,788,304 Arrester Finley Finley Frsisr Serial* 14ca ffalcusefe !!aoocy# tt 1 SfcWWS nieciea Ralestt* SccMsr. at al GsorrocBk X0S53 Sdtd 8-12-47 4-13-W >9-50 12-19-50 2-6-50. 4->51 10->51 U-13-51 i-xs-3* 5-29-56 *-2-57 4-5-57 S. Prestoi PaltrA Sii-.'c: /.grlVraSScBa Serial Ka. tcrmtor 6T?,0?2 6?1,M 457,645 301,705 504,310 515,447 515,580 522,014 523,787 526,8?) 580,717 f-1 560,403 6,T95 624,053 632,012 643,261 705,772 652,112 702,061 3# 3*5,066 B;l3bcp Csublop Tcylor SsaftOi Seedier SH'JBa T*io Sitfraa S&loMk team Tsatell Siam Slope** Taylor Tayl riJlgttui Seobitr Taylor P-jngy Suttart BhSSM ZiMk* wt il Milas Cgto 6-19-57 10-S2-57 3-25*55 U-15-55 ^55 6-l*55 6-23-53 7-l*-55 7-22-35 8-0-55 8-16-55 10-6-55 12-19-55 I-20-56 11-7-56 II-23-56 1-2-57 >1-57 12-30-57 4-U-5T 12-JJ.-57 10-28-57 >2>50 3-17-53 3. Farcin* fttwti and ArP-Uc^tloej Serial Ho. ruins fete ftrteat W. XlCU9 flSt M AurtraUsi 0>) Btlgiutt (e) Caatdas TV-- 639,588 '669,580 rr^o?^ (4) yroacas 163,619 *5,59? 522,337 531,912 531,667 531,591 SS 7-12-54 7-12-543 ? *i s'- s-r 502,6rr 5*0,321 360,322 *99,208 W#,579 974,332 1,081,310 1,U2,*08 1*112,390 1,221,810 1,026,567 959,797 7-3-53 11-13-48 8-25-53 9-17-5^ 9-15-5* 9-2*54 12-2$-5D 1*1*-W 5*18.54 *-30-57 4-3%57 1-12-54 12-2-52 io-a6-46 7-13-53 9-1H-54 11-16-55 8-31-5* 3-^*33 1-9-W (c) C^rTTay: 3os>- rrb/i2t 37cO :SVb/ltt 6-10-53 8*4-54 897,823 1,005,435 1,012,857 8-18-53 9-7-5* 11-12-57 (0 Great arltala: ... 658,437 10-5-48 7*2,143 6-29-53 - 769,030 e-2o-?> 775,5*52 >13-57 767,761 702,05? 8-20-54 10-18.50 &6,&ao U-2>50 (8) lollcadi 190,556 150,263 9-4-54 -84-J4 86,228 82,230 8-16-57 6-16-56 (h) Italyi (1) Ovedaa: Serial ifo. 617T/53 7821/54 TTT5/5*> yuiag P*te 6-3-53 8-26-54 *27-54 r^tqgt go, 531,356 543,519 533,115 160,529 Iscw Pate *31-54 8.30-54 *84-54 7-U-57 Owens-Illinois GENERAL OFFICES Q TOLEDO l, OHIO Cwens-Csrnir.g riberglas Corporation ?. 0. Sox 901 Toledo 1, Ohio May 9, 1958 Gentlemen: Y.'e have this day sold to you certain of the properties of our Kaylo Division as of the close of business April 30, 1958. This letter summarizes the procedure that will be followed with regard to the ea- ployees of the Kaylo Division, You agree to assume any obligations which we may have with regard to payment of vacation pay to ary hourly employees of the Xaylo Division who become your employees, and we will reimburse you in an amount equal to the amount properly accrued, as of May 1, 1958, on our books in accordance with our regular accounting practice for vacation pay for sueh employees* 7ath reference to such of our personnel as become your em ployees, you and we will cooperate in an effort to secure the transfer to the trust under your retirement plan, for the benefit of such em ployees, in accordance with the provisions of our retirement plans and to the extent permissible thereunder, of the funds held for the benefit of sueh vployees in the trusts under our plans, without affecting, how ever, the present qualification under the provisions of the Internal Revenue Code of 195U of all such retirement plans and the tax exempt status of the trusts thereunder and without providing any benefits under your retirement plan other than such as are available to your -2- present employees similarly situated, and provided, however, that there shell be no transfer of funds hereunder as to ajy of such personnel who shall not qualify under your retirement plan. the agreements made above shall extend to and be binding upon each of us and our respective successors and assigns, but no third person, except for such successors and assigns, shall have or acquire any right to enforce these agreements against either of us. If this proposal meets with your approval, please note your acceptance on the form provided at the end hereof and on the duplicate original enclosed herewith, and return the duplicate original to ue. fours very truly, &EMS-ILLXN0X5 GLASS COMPACT ay Accepted! May 9, 1PS8 OKENS-CCRIBB CORPORATION --------------- H. R. VlfflOS rinancl&l 7ico-Prteid*nt **9, X930 Owne-llliiv?ie Glaoe Conpocqr Toledo, Ohio Oeatloreai ZO OQBEMCtlSn vlth the Otlt you to V tO<*p# M of tfeo elooe of bctlmM so AprIX 30# 1938# of oortola of tfco oooto end prop*rile* of pv Kepio Dlrlotea d to oeneider* c&loa of jour poeeeeolcn, eon end dlepoeltloa of Meh ooooto ad yfjur operation of nch prerortlot for our oooo--t for the period fra the close of tustaesa ao April 30, 1930# to the eonracttlon of oue.1 o*le eo bmtip ogro* to IMraU^ 701 iVTiinet, end orre pnu hmlwe fm# 07 end all Moral# tnto or loerl latludlivc tos*o on Iboqbb# and lftdud* in* w* fled ill peraitiee cd Intorvot OB onp each tom, vniet rrp to or oon^eord o^ilnot 70a tjr room of pour poinseleBi m or dlfpeoltlm of Mdk ooooto or fom operatic* of ouch proportice tarlac fee* period* Touro mp tnlp# n--irlol Tloo ftooltat > 't .* [> ? . 1958 Tbs Toled* Trust Ccsqpeny 245 Suaalt Street Tcleds, Ohio Attention: Mr* Howard Auasnd Set Owens-Illinois Service Retirement Trust Ovens-Illinois Contributory Retirement Truet Gentlemen* Owens-XHinois Glass Ccnpeay has today sold to Owens-Coming Pibergla# Coloration certain of the properties of the Kayla Division of Ovens-Illinoisj both parties contemplate that the es^loynent of substantially all of the personnel of that Division/ Including thoee vbo are partlelpaats under the Owens-Illinois Service Retirement Plan end Ovens-Illinois Con tributory Retirement Plan, vill be transferred free Ovene-lllinoie to Owns-Comiag* . In connection vith such transfer of employment, Oveae-IUlaeie and Ouens-Coraing have agreed as follow with reference to such of our personnel as beeone your m^loyves, you and ve vill cooperate la an effort to eecure the transfer to the trust wtfer your retirement plan# ftr the benefit of ouch employees, la accordance vith the provisions of our retlrenent plans and to the extent remissible there under/ of the funds held for the benefit of such employees in the trusts under onr plena* vlthout affecting* however* the present QuoUflcatlon under the provlsiona of the Internal Revenue Code of 195* of ell sefc retlrenent plans end the tea exmpt status of the trusts thareuadar and vlthout prodding eny benefits under your retirement plan other than such as are available to your present aspisgreee similarly situated, and provided, hovever* that there shall be no transfer of ftad* hereunder as to eegr of snch uertonuel vbo shall not Dh aov notify yon that ve latead to carry out each sgriinsnt la aeeordaaoo vith the provision* of Artlelo XXX, Section 7* of the nsnns II llnois Service ^tlrensat trust Agreement aad Article XXX, Section 8, of the Ovens 111 tenia Contributory Retirement treat Agreement* LA --\ v< .* ,r<-3 i -*s } agreement T.iis Ag-ccr.unt made this 15th day of April, 1970, by ard between OWENS-CORMING FIBERGLAS CORPORATION, a Delaware corporction ("Buyer"), ami UNARCO INDUSTRIES, INC., an Illinois corporation ("Seller"); WITNESSETH: Seller operates its Chembest Division in Bloomington, Illinois which Division manufactures and sell; a variety of products including urethane foam, Unarcoboard, and asbestos products, and Buyer desires to purchase md Siller desires to sell all of the tangible and intangible properties and assets employed in Sellers Giembest Division except as herein expressly provided and except for these of such properties and assets employed solely in the manufacture and sale of asbestos products (the portion of the Chembest Division which manufactures and sells asbestos products is herein sometimes called (he "Asbestos Department" and the remainder of the operations of the Chembest Division is herein sometimes called the NQCF-Chembest Div_sion"). / NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the paries hereto mutually covenant and agree as follows: ' I. (a) The Schedules, numbered 1 through 8, hereinafter described have been signed for identification purposes by a duly authorized offeer of each patty apd each of such Schedules is hereby included herein by reference and made a part hereof except tor Schedules 4 and 5 which will tc prepared # after the date hereof and will be signed for identification purposes by a duly authorized officer of each party at the tine they arc prepared in definitive fonu. 1 DEFENDANT'S EXHIBIT Ti ' ' - 01 i)Zv ' i 7 6 i iV&ijsJ V (b) On the terms inci subject to the conditions herein expressed Seller hereby sells, conveys. trnnsf;rs, assigns, sets over and delivers to Buyer and Buyer hereby purchases and accepts delivery of the following assets: (i) Al. of the tangible assets and properties, including all operating equipment, fixtures, office equipment, and properties used in or relating to the operation of the OCF-Chembest Division (''Equipment") Including all those described in Schedule 1 entitled "Equipment." (ii) Ali of the intangible assets and properties, including, if any, all copyrights, trademarks (except the trademark "Unarcoboard"), trade names, licenses, contracts, patents, patent applications, inventions, discoveries and improvements, shop rights, processes and formulae, trade secrets, proprietary' and technical information and know-how, used in or relating to the operation of the OCF-Chembest Division (including all those described in Schedule 2 entitled "Intangibles"). (iii) The leasehold estate created by the lease ("Lease") described in Schedule 3 entitled "Lease of plant site of Chembes: Division `in Bloomington, Illinois" md al! buildings and other improvements located on the real estate ("Real Estate") which is subject to the Lease described in Schedule 1 or Schedule 3. " (iv) All business, manufacturing, sales and other records directly relating to the OCF-Chembest Division including all books and records listed in Schedule 2. - j> (v) Ail of :hc inventories cf raw materials, work in process and finisho.l goods of Seller as of the date hereof for use in or used in or produml in the operations of the OCF-Chembest Division ("Inventories"). 01 020 1765 (vi) Any and all other assets and business utilized in connection with the operation of the business of the OCF-CI cmbcst Division. (c) On the terms and subject to the conditions herein expressed Seller will, at the time of delivery of Schedule 4 entitled "Accounts and prepaid items of the OCF-Chembest Division" to Buyer as provided in paragraph 5(a) hereof, sell, convey, transfer, assign, set over and deliver to Buyer the accounts receivable of the OCF-Chembest Division as of the close of business on the date hereof (the "Accounts") and the prepaid items of the OCF-Chembest Division as of the close of business on the date hereof, which will be described in Schedule 4 and Seller will, at that time, execute and deliver to Buyer such instruments as may be required to effect such sale, conveyance, transfer, assignment and delivery to Buyer; (d) All of the assets being and to be sold to Buyer pursuant to paragraphs 1(b) and 1(c) above are herein sometimes collectively called the "Acquired Assets." ,* (e) It is understood and agreed that the Acquired Assets shall not include cash on hand and in banks and any assets of Seller used exclushely in the operations of the Asbestos Department or the Federal Stainless Sink Division of UNARCO ("Sink Division"). 2. Based upon the representations and warranties of the Seller contained herein and on the terms and subject to the conditions herein expressed and in full consideration for the sale, conveyance, transfer, assignment and delivery to Buyer of the Acquired Assets and of any other rights of Seller pursuant to the terms hereof: (a) Buyer has delivered to Seller, and Seller acknowledges receipt of. a deposit lo Seiler's account of $038,000 m such Bank as Seller lias \f dcsignat :d. 3 . x ' 01 029 1766 (b) Buyer shall deposit to Seller's tank account, within 5 days after Uie date of the delivery o.* Schedule 4 jikI assignment of the Accounts to Buyer as provided in paragraph 5(a), an aggregate amount equal to the lesser of (i) S162,000 or (ii) the aggregate face amount of the Accounts plus the amount of the prepaid items as set forth on Schedule 4, said deposit to be made in such bank as has been designated by Sel.er. (c) Buyer shall deliver to Seller, within 30 days after the Removal Date (as defined in paragraph 5(c) hereof), its certified or a cashier's check or checks in the aggregate amount of $250,000, which amount shad be adjusted, if necessary, as requited by paragraph 4 hereof. If the reduction in the purchase price is in excess of S250,000 Seller shall, no later than May 31, 1970, deliver to Buyer its certified or cashier's check or checks in the amount of such excess. & 3. (a) Seller hereby assigns to Buyer, and Buyer hereby assumes and agrees to perform all of the obligations arising after the date hereof under the presently outstanding leases, contracts and commitments of Seller relating to the operations of the OCF-Chembest Division described in Schedules 2 and 3 and in Schedule 6 entitled "Commitments of OCF*Chembest Division," and 3uyer will indemnify and hold harmless Seller against any and all losses, liabilities, claims, damages and expenses (including reasonable attorneys' fees) incurred or suffered by Seller resulting from Buyer's failure to perform any of such obligations in accordance with the terms of such leases, contracts and commitments. In each case where any of such contractual rights cf Seller are not assignable by Seller to Buyer without the coiscnt of the other contracting party Seller has obtained the written Consent of such other contracting party to the assignment of such rights to Buyer and Seller has herewith delivered such consents to Buyer. (b) Anythit g in the Agreement to the contrary notwithstanding. Buyer Jvs not hereby and shall not assume any liability or . a 01 029 1767 obligation of any kind or nature of the Seller except as expressly provided in paragraph 3(a). All payments made either before or after the date hereof which relate to the operations of the OCF-Chcmbest D:vision by Seller up to the date hereof and by Buyer after the date hereof shall be prorated between Buyer and Seller as of the close of business on the date hereof. 4. The regular employees of the OCF-Chcmbest Division will take the inventory of the OCF-Chcmbest Division as of the close of business on the date hereof and they will prepare and deliver to Buyer and Seller as promptly as possible after the date hereof a schedule of the Inventory (Schedule 5 entitled "Inventory of the OCF-Chembest Division"). Schedule 5 shall set forth in reasonable detail the quantities of each class of Inventory and the values thereof at the lower of cost or market (including costs of labor actually expended and costs of overhead) determined in accordance with accounting principles applied on a basis consistent with those applied in the preparation of audited financial reports of Seller. Such accounting principles shall be applied only if they arc generally accepted accounting principles. Both Buyer and Seller shall have the right to have representatives present at the taking of such inventory and Arthur Andersen & Co. shall be requested to be present at the taking of such inventory. Arthur Andersen L Co., together with such representatives of Buyer and Seller, shall have access to all requisite accounting and other records and physical facilities requested by them in connection with the taking of the inventory and review of Schedule 5. In the event Buyer and Seller shall disagree with respect to any matter set forth on Schedule 5 they shall within 30 days after the delivery of such Schedule 5 to them as hereinabove provided notify Arthur Andersen &. Co. of the details of such disagreement, and the determination by Arthur Andersen & Co. of all such nutters in dispute shall be final and binding on both Buyer and Seller and such changes as may be required because of such final determination shall be made to Schedule 5. Buyer and Seller shall each pay one-half the fees and expenses of Arthur Andersen & Co. incurred under this paragraph 4. In the event the aggregate value (as so determined) cf the Inventory shall he less than $449,000, the payment to be made by Buyer to Seller pursuant to paragraph 2(b) hereof shall he reduced hy an amount equal to the excess of S449.000 cwi such aggregate value of the lnvenjo<'y. -1 01 029 176 5. (a) Seller will deliver to Buyer within 5 days after the dale hereof Schedule 4, together with the instruments of assignment referred to in paragraph 1(c) above, and Seller hereby warrants and represents to and covenants with Buyer, its successors and assigns, that all of the Accounts arose in the ordinary course of business of the OCF-Chcmbest Division and that Schedule 4 will correctly identify each Account by the name of the Account debtor, will set forth the date each Account arose, and will list accurately the amount due Seller as of the close of business on the date hereof on each such Account. Seller guarantees that the amount due on each of the Accounts as listed on Schedule 4 will be fully paid to Buyer on or before March 31, 1971. Buyer may, on April 1, 1971, or on such earlier date or dates as Seller may allow, reassign and deliver to Seller all or any portion of the Accounts then remaining unpaid and Seller shall on the date of such reassignment pay to Buyer by its certified or a cashier's check or checks the aggregate amount then remaining unpaid on the Accounts so reassigned to Seller. In the event any amount is received by Seller after the date hereof from any of the debtors on any of the Accounts, Seller shall promptly pay over to Buyer such amount so received until the total amount due on such Account is fully paid. ` (b) Seller warrants and represents to and covenants with Buyer fifr*'! tS~ that it has not produced since March <34, 1970, and will not produce after the date hereof asbestos products on the Real Estate, that it has removed all asbestos, asbestos products and asbestos residue from the Real Estate and Seller lias deactivated and .prepared all of the tangible personal properties used in the operations of the Asbestos Department, and not included in the Acquired Assets, for removal from said Real Estate. Seller agrees to remove all of su:h tangible personal properties from the Real Estate as promptly as possible, but in no event later than May 31, 1970. 01 029 1769 -6 (c) Seller agrees that the operations of the Sink Division on the Real Estate will be confined to the area of such Real Estate now occupied by the Sink Division as shown on Schedule 8 entitled "Plant Diagram ', that the operations of the Sink Division on the Real Estate will be stopped as soon as practical after the date hereof and that all of the properties and assets used in such operations, and not included in the Acquired Assets, will bo removed from the Real Estate as promptly as possible thereafter, but not later than March 31, 1971. The date on which all of such properties and assets are so removed and the space now occupied by the operations of the Sink Division is available and in condition for the exclusive occupancy and use by Buyer is herein sometimes called (he "Removal Date." Seller agrees that from and after the date hereof all inventories and other assets for use in or used in the operations of the Sink Division will be confined to the area now occupied by the Sink Division referred to above. 6. The Seller warrants and represents to and covenants with Buyer, its successors and assigns that: (a) Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Illinois, and has the right, power and all required licenses to own and operate the properties used in and to carry on the business of the OCF-Chembest Division. (b) Seller has good and marketable title to all of the Acquired Assets subject to no mortgages, pledges, liens, encumbrances or other charges of any kind and has the right and power to transfer such Acquired Assets to Buyer pursuant hereto subject to no mortgages, pledges, liens, encumbrances or other charges of any .kind, except such as may have been created by Buyer. / (c) There is no litigation at law or in equity, and no proceedings before any commission or other administrative or regulatory author ty. - 7 01 029 1770 pending, or to the knowledge of Seller threatened, against or affect ng the Acquired Assets or tlw business or property of the OCF-Chembest Division or its right to carry on the business of the OCF-Chembest Division as conducted or. the date hereof or its right to consummate this Agreement. (d) Since December 31, 1969 Seller has operated the OCF-Gjembest Division in the ordinary and usual course, no material adverse change has occurred in the business of the OCF-Chembest Division and Seller has used its best efforts to preserve the good will and that of the suppliers and customers of the OCF-Chembest Division and ethers having business relationships with it. Seller will be responsible for the payment of all salaries and wages, providing all employee benefits, making appropriate deductions and payments with regard to all Federal and State income tax withholding requirements and other similar items with respect to all employees of the Chembest Division and the Sink Division up to the close of business on the date hereof and with respect to all employees of the Sink Division and of the Chembest Division employed in the Asbestos Department after the close of business on the date hereof, it being agreed by Buyer and Seller that Seller's responsibility shall cease as of the close of business on the date hereof only for those employees listed on Schedule 7 entitled "Employees of the OCF-Chembest Division." (e) Seller has used its best efforts to keep available to Buyer, and Seller will cooperate with Buyer after the date hereof to retain for Buyer the services of the present employees of Seller employed in the OCF-Chembest Division and listed on Schedule 7. .. (f) Seller is not in any default under or in any breach of the terms or conditions of any contract, agreement, commitment or arrangement to which it is a party which is disclosed on Schedules 2, 3 or 6 or which affects the Acquired Assets whether or not disclosed on said Schedules. v ^, 01 029 i771 (g) The Equipment listed on Schedule 1 is a true and accurate description of all the physical personal properties and assets used in the operations of the OCF-Chcmbcst Division, except for the Inventories, and there is no material asset or property used or required by Seller in the conduct of the business of the OCF-Chcmbcst Division which is not either owned by it and listed on one of the Schedules or leased to it under one of the leases listed on one of the Schedules, and all of such assets and properties arc in good and normal operating condition and repair, normal wear and tear excepted and except for the high pressure boiler in the heating system listed under item 26 on the list of Leasehold improvements on Schedule 1. (h) The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby do not conflict with or result in a breach of any of the terms, provisions or conditions of the Articles of Incorporation or By-laws of Seller or any statute, regulation or court or administrative order or process, or any agreement or instrument to which Seller is a party or by which it is bound or constitute a default thereunder. The business of the OCF-Chcmbest Division is not conducted in any material violation of any law, ordinance or regulation of any governmental entity. (i) Seller will pay all costs and expenses (including, without limitation, its attorneys' and accounting fees. Federal documentary stamps, and transfer, use and sales taxes) incurred in connection with this Agreement and the transactions contemplated herein including, without limitation, the transfer of the Acquired Assets to Buyer. (1) To the knowledge of Seller none of the buildings, structured and improvements located on the Real Estate encroach on adjoining real estate, ar.d all such buildings, structures and improvements are located and constructed in conformity with all "setback" lines, easements or other restrictions or rights of record or that have been established by an applicable zoning or building > v ` T-i -9- 01'029*T'V?2 ordinance, and there are no encroachments upon the Rea! Estate by buildings, structures or improvements located upon ad oining rcr.1 estate or any easements, restrictions or rights of record which interfere with the use of the Real Estate. (k) The improvements located on the Real Estate a-c not the subject of any official complaint or notice cf violation of any applicable zoning ordinance or building code .me* no such violation is known to exist and there is no zoning ordinance or building code or use or occupancy restriction or condemnation proceedings pending or to the knowledge of Seller threatened, winch would preclude or impair the use of such Real Estate or the improvements thereon by Seller or Buyer, as the case may be, for the purpose for which they are presently used. (l) Seller has taken all requisite corporate action to authorize and approve this Agreement and the transfer of the Acquired Assets to Buyer as contemplated in this Agreement, and Seller has full power, right and authority to make this Agreement and to transfer the Acquired Assets as provided herein. (m) Seller is the only party in possession, or with a right to possession, of the Real Estate and Equipment, and the contracts md agreements being assigned to Buyes pursuant hereto are in full force and effect and binding on the partie-j thereto and Seller has complied with all obligations imposed upon it thereunder. The Lease is in full force and effect and Seller has obtained a decree of the Court of McClean Ccunty, Illinois permitting transfer of the Lease and all the rights thereunder to Buyer. * (n) A tree :.n-J complete schedule setting forth all copyrights, trademarks, trade names, licenses, contracts, patents, and patent applications, and setting forth the identification md lo.aticn of al1 books and records containing all inventions, diseovc'ies mu! in movements, diop rights, processes and formulae. - ;o- 01 029 1773 trade secret:;, proprietary and technical information and know-how used in or relating to the operation of.the OCF-Chcmbcst Division is conta ned in Schedule 2. No licenses, sublieenses, covenants or agreements have been granted or entered into by Seller in respect of any copyrights, trademarks, trade names, licenses, contracts, patents, patent applications, inventions, discoveries or improvements, shop rights, processes or formulae, trade secrets, proprietary or technical information or know-how used .n or relating to the operation of the OCF-Chcmbcst Division; Seile: has the right to use without payment of any separate royalty, fee or charge therefor all thereof; and they are all free and clear of all liens and encumbrances of every nature and are not currently being challenged in any way and are not involved in any pending or threatened or interference proceedings. The operations of the OCF-Chembcst Division, the manufacture, use and sale by it of its products, the use by it of its machinery, equipment and processes, the use of its products by its customers for the purpose for which sold, and the use of the patents, trademarks, trade names, brand names, inventions, applications, licenses and advertising, technical or other literature of the OCF-Chembest Division do not involve infringement or claimed infringement of any proprietary right, patent, trademark, trade name or copyright of others. (o) Upon request of Buyer at any time or times following the date hereof Seller will forthwith execute and deliver such further instrume nts of assignment, transfer, conveyance, endorsement, direction or authorization as Buyer or its counsel may reasonably request in order to perfect the title of Buyer, its successors and assigns, in and to the Acquired Assets provided to be transferred by Seller to Buyer hereunder. ' * 7. Buyer has been furnished with an opinion satisfactory to it and its counsel of. Spnncnschein, Levinson, Carlin, Nath & Rosenthal, dated the date of this Agreement, and addressed to the Buyer, to tire effect that: # (a) Seller is a corporation duly organized and validly existing and in good standing under tile laws of the State of Illinois: -11- 01 029 1771 (b) the execution and delivery of this Agreement lias been duly authorized and this Agreement has been duly executed and delivered by Seller and is binding upon Seller in accordance with its terms. (c) the Seller has power to sell, convey, transfer and deliver the Acquired Assets and to do so does not require any action by tne Seiler's stockholders and docs not violate the provisions of the Seller's Certificate of Incorporation or By-Laws, or the provisions of any note of which the Seiler is the maker, or of any indenture, agreement or other instrument to which the Seller is a party; (d) the Lease is in full force and effect and may be assigned to Buyer and when assigned to Buyer will vest in Buyer all rights vested in Seller prior to transfer to Buyer; and (e) the instruments executed and delivered to transfer the assets and properties transferred pursuant to this Agreement arc valid in accordance with their terms and effectively vest title to the Acquired Assets in Buyer free and clear of any liabilities, obligations, liens and encumbrances. 8. (a) Seller agrees to indemnify and hold harmless Buyer against any and all losses, liabilities, claims, damages and expenses (including reasonable attorneys fees) incurred or suffered by Buyer in respect of the liabilities and obligations of the Seller not assumed by Buyer pursuant to this Agreement, and in rbspcct of the failure of the Seller to perform the obligations undertaken by it pursuant to this Agreement. * - " * (b) Without limiting the generality of the foregoing, Seller agrees to indemnify and hold harmless the Buyer from and against any and all 01 029 1775 ^ StaJL. (U*( i-*v \ '. '! f: '&" n "-rai 01 029 1776 losses, liabilities, claims, damages and expenses (including xcasonablc attorneys' fees) incurred or suffered by Buyer resulting from (i) any inacci racy .n or bread, of any of the representations, warranties or covenants made by Seller herein, (it) any operations of the Chembest Division on ot prior to the date hereof and any operations of the Sink Division prior to or cn or after the date hereof, (iii) any activities of Seller in connection with the removal of the properties end assets of the Asbestos Department and the Sink Division from the Real Estate contemplated by the terms hereof am' (iv) any action brought against the Buyer to the extent that it is based on a ciai n that any of the Acquired Assets infringes a United States Copyright, patent or trademark. . (c) Upon obtaining knowledge thereof, Buyer shall promptly notify Seller, in writing, of any claim or demand which Buyer has determined could give rise to a right of indemnification in Buyer under this Agreement. If such a claim or demand relates to a claim or demand asserted by a third party against Buyer then Seller shall have the right to employ counsel to defend any such claim or demand asserted against Buyer and Buyer shall have the right to cooperate and participate in the defense of any said claim and shall make available to Seller or its representatives ail records and other materials required by it for its use in contesting any such liability. 9. Without limiting any other provision hereof, Seller shall be responsible for: (a) The return or replacement, for any reason, of products sold by die Chembest D'vision piior to the date hereof; (b) Any liability to third persons, firms or corporations arising out of the sale of any product; manufactured by the Chembest Division prior to the date hereof; and n 01 059 177 (c) Seller agrees to indemnify, save and hold Buyer harmless against any and all Workmen's Compensat.on claims arising out of injury occurring prior to April 15, 1970, even though such claims may be asserted on or after April 15, 1970, and Seller agrees to indemnify, save and hold Buyer harmless against all claims arising out of the contracting of asbestosis, emphysema or other respiratory ailments prior to April 15, 1970 where the contracting of such asbestosis, emphysema or other respiratory ailments resulted from exposure to Seiler's materials or products prior to April 15, 1970, even though such claims may be asserted on or after April 15, 1970, provided, however, tha.t this indemnity shall not apply to claims based upon the contracting of asbestosis, emphysema or other respiratory ailments in those cases where the claimant was also exposed, prior to April 15, 1970, to products and materials of the Buyer, and this indemnity shall not apply to any claims which are the subject of litigation pending or threatened against both Buyer and Seller on April 15, 1970. With respect to all litigation based upon the claimed contracting of asbestosis, emphysema or other respiratory ailments in which the Seller alone or both the Buyer and Seller are parties. Buyer agrees to make available to Seller all files, documents, and other materials which Buyer acquired from Seller which Seller requests far use in preparation for the defense of such litigation, and Buyer agrees to make reasonably available to Seller all employees who were formerly Seller's employees for consultation and the giving of evidence in such litigation. In the event that Buyer and Seller should elect to prosecute or defend crossclaims against each other in such litigation, the cooperation with Seller of Buyer's aforementioned employees (who had previously been Seller's employees) shall not be deemed disloyalty to Buyer nor work to the prejudice of such employees in their employment with Buyer. _ iOr. Buyer warrants and represents to and covenant? with Seller, its successors and assigns that: (a) Buyer is a corporation duly organized, validly existing and in good standing under die laws of the State of Delaware and duly qualified to 14 01 029 1 do business and in good standing .is 1 foreign corporation under the laws ot the State of Illinois. (b) Buyer nas taken all requisite corporate action to authorize and approve this Agreement. (c) Buyer will pay all costs and expenses (including, without limitation, its attorneys' and accounting fees) incurred by it in connection with this Agreement and the transactions contemplated herein, except for those expenses payable by Seller as provided in paragraph 6(i). 11. Seller has been furnished with an opinion satisfactory to it and its counsel of Allen S. Person, Special Counsel for Buyer, dated the date of this Agreement, and addressed to the Seller, to the effect that: (a) Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and duly qualified to do business and in good standing as a foreign corporation under the laws of the State of Illinois; (b) Buyer has taken all requisite corporate action to authorize and approve this Agreement. 12. The representations and warranties of the Seller and the Buyer shall survive the closing of`this transaction and shall survive the sale, conveyance, transfer and delivery of the assets and properties hereunder. 13. Within a period of live years from the date hereof, Buyer will not destroy or otherwise dispose of any of the books and records of Seller acquired by Buyer hereunder unless otnerv'ise consented to in writing by Seller without first offering to surrender such book* and records or any portio.i thereof which Buyer may intend to destroy cr dispose of to Seller and Buyer shall allow Seller and its representatives, attorneys and accountants access to such books a id records upon reasonable notice and during Buyer's normal business hours for examination and/or copying. 14. Seller agrees with Buyer that it will not participate directly or indirectly in any business (either financially or as an employee, officer, partner, independent contractor or owner, or in any other capacity calling for the rendition of personal services or acts of management, operation or control) which is in any respect competitive with the business conducted by the OCF-Chcmbest Division at the date hereof, within the geographical area in which such business is now conducted, (excluding Johnson County, Illinois) for a period of three years after the date hereof. A breach of the covenant and agreement set forth in this paragraph will result in irreparable and continuing damage to Buyer for which Buyer will have no adequate remedy at law, and in the event of any breach of such covenant and agreement, Buyer and its successors and assigns will be entitled to injunctive relief and such other and further relief as may be proper in the premises. 15. Each party hereto represents and warrants to the other party hereto that this Agreement was not induced or procured through any person, firm or corporation acting as broker or finder for such party. 16. This Agreement may be executed in two or more counterparts each of which, shall be deemed an original but all of which together shall constitute ;* one and the same Agreement. parties. 17. This Agreement contains the entire agreement between the 01 17 S 0 K f 18. Alt the terms of this Agreement shall be binding upon and inure to the benefit of and be enforceable by the successors of the parties hereto. 19. Unless otherwise notified in writing to the contrary, any notice required or permitted by the terms hereof shall be effectively delivered for all purposes upon deposit in the United States mail, postage prepaid, if directed to Seller, properly addressed to it at 332 S. Michigan Avenue, Chicago, Illinois, - Attention: Edward E. Hokin, with copies thereof addressed and mailed to ' Sonnenschein, Levinson, Carlin. Nath & Rosenthal, 69 West Washington Blvd., Chicago, Illinois, Attention: Robert Grant; and if directed to Buyer properly addressed to it at Fiberglas Tower, P. O. Box 901, Toledo, Ohio 43501, Attention: James J. Young, or to such other address or addresses as the parties hereto may from time to time designate in writing. 20. This Agreement is bcIngHelivercd in Chicago, Illinois, and shall be construed according to the laws of that state. . IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement on the day and year first above written. OWENS-CORNING FIEERGLAS CORPORATION (SEAL) (SEAL) ATTEST: UNARCO INDUSTRIES, INC. By *17- 01 C29 178 Schedule 1 Equipment Schedule 2 Intangibles Schedule 3 Lease of Plant Site of Chcmbcst Division in Bloomington, Illinois Schedule 4 Accounts and Prepaid Items of the OCF-Chembest Division Schedule 5 Inventory of the OCF-Chembest Division Schedule 6 Commitments of OCF-Chembest Division Schedule 7 Employees of the OCF-Chembest Division Schedule 8 Plant Diagram 01 029 1782 \ /Mvit'"***.Ar* ArrrKK//MM>At CCOOMMPPAANNYY invesfifiations Valuations Reports Equipment; MACHINERY AND EQUIPMSirf (23 pn-os) ns mod by the Annex to * Schedule 1 (2 pn \ . of Additions and 1 Deletions. 1 Aurora Pymp Div. 2V x 2V pump - Ser. #1)6^10856-2 1 Gould & : berhardt 16" High Duty cran>: shaper i 1 Ingersoll-Rand model B portable tank type air compressor - Ser. #11494 1 American Tool Works Co. 20H x 10* horizontal geared head lathe - Ser. #44876 1 Hendey Mach. Co. 14" x 6* horizontal geared head lathe - Ser. #21111 1 Skilsaw, .Inc. model 562 -6" double end floor grinder - Ser. #W2712982 .. 1 Clipper Belt Lacer Co. #6 hand operated belt lacer Ser. #2319 .1 Kertpsmith Mfg. Co. #2 plain horizontal-vertical milling machine - Ser. #60 1 Skilsaw, Inc. model KS-4 - 6" double end floor grinder - Ser. #683878 1 American Saw Mill Machy. Co. #X36A Monarch-Uni-foint 16" radial saw - Ser. #45556 X Kalamazoo model P42 - 8" x 16" horizontal metal cutting band saw - Ser. #2972 1 Dreis & Krump Chicago #816 box and pan hand bending . brake . *# 1 Beverly Shear Mfg. Ca. #B2 - 4V bench type hand lever operated shears 1 Pexco #G58*U) bench type hand operated beading and crimoir,^ mnohire i / .// . / * y the AMERICAN APPRAISAL COMPANY Investigation* Valuation* * Repots MACHINERY AND EQUIPHENT i*. v\ry. S\*L1< *' 1 1 Barth M g. Co. 40" power roll forming machine Ser. #3 48 1 D&lta Power Tool Div., Rockwell Mfg. Co. 14" * vertical bench type sensitive drill - Ser. #100-8197 1 Peck, Stow & Wilcox model 0252-G 52" foot pedal operated squaring shears - Ser. #H-1464 * 1 Delta IQ" abrasive cutoff saw - Ser. #49-4399 1 Fosdick Mach. Tool Co. 3* radial arm drill 1 Fosdick jMach. Tool Co. 24" vertical floor type single spindle drill 1 H.B. Rouse & Co. 12" vertical floor type metal cutting band saw U.S. Electrical Tool Co. model 20 - 12" Heavy Duty double end floor grinder - Ser. #271817 DoAll Co. model DBW-lA band saw blade welder Ser. #6224221 1 Delta 14" vertical floor type metal cutting band saw - Ser. #62-4461 1 Interstate 35-ton vertical floor type hand operated straightening press 1 Lincoln Elec. Co. SAE 300-amp. portable motor generator type arc welder - Ser. #A119853 1 Lincoln Elec. Co. SAE-200-J 200-amp. portable arc welder - Ser. #A93611 Lincoln Elec. Co. SAE-200-J 200-amp welder - Ser. 4A203693 2 portable arc n ''' V01 029 17 84 THE AMERICAN APPRASAl CO.ViPAN'' Investigations Valuations Reports MACHINERY AND EQUIPMENT - 0 r V. : 0 00 1 Towmotor Corp. model 522SG2524 - 3000# gasoline powered forklift truck - Ser. #422SG670332 i Chicago Pneumat.'.c Tool Co. 10" x 3" T3 horizontal water-cooled air compressor - Ser. #51966 i General Electric: 40 H/P totally enclosed induction motor - Ser. #?H6913620 - drives above unit i Chicago Pneumatic Tool Co. 10" x 9" T3 horizontal water-cooled air compressor - Ser. #51965 1 General Electric 40 H/P totally enclosed induction motor - Ser. #?H6913616 - drives above unit 1 4* dia. x 8* high welded steel air receiver 1 Cyclotherm Div., National U.S. Radiator Corp. type 10505D-D5N-43 orocess steam generator - Ser. #11933 * 1 Stover Co. 3* dia. x 6' long welded steel condensate return tank - Ser. #C4282 1 Goulds Pumps, Inc. model 3196 - 1*5" x 3" 10 centrifugal condensate return pump - Ser. #791A395.1 1. Appleton Elec. Co. 25 H/P totally enclosed fan cooled induction motor - drives above unit 1 Unarco Special process boiler feed water conditioning system 1 Towmotor Corp. model 452SG4024 - 4000# gasoline powered fcrkli::t truck - Ser. #4o2S1124 Tcv/.uotor Corp. rrodel 1 - 2800# gasoline powered ferklifn truck - Str. ^46161041.3 01 029 17S5 THE AMERICAN APPRAISAL COMPANY Investigations Valuations Report-; MACHINERY AND EQUIPMENT >=* 1 Tov/motor Cbrp. model 502PG4024 - 4000# gasoline powered forklift truck - Ser. #502P0784 1 Toledo Scale Corp. model 2171 - 11250# dormant platform scale - Ser. #516915 1 Viking Pump Co. model 10-124 - 2%" x 2%" centrifugal pump 1 Downingtovn Iron Works Div., Pressed Steel Tank Co. 6`9" dia. x 26'6M long welded steel liquid Freon storage tank - Ser. #F-3726 . 1 Corken Pump Co. model F12BD Coro-Flo IV x 2" centrifugal Freon pump - Ser. #QL50312 1 U.S. Stoneware horizontal power driven drum mixer Ser. #0-65105 1 Ridge Tool Co. Ridgid #300 portable electric pipe threader - Ser. #766436 1 Toledo Scale Corp. model 2181 - 1600# flcor scale Ser. #25948 - with 711 Verilux reader 1 12' dia. x 15* high welded steel 10000-gal. #332 Polyoyl storage tank 1 Viking Pump Co. model LL-124 - 3" x 3" rotary pump Ser. #0631682 1 12*. dia. x 15* high welded steel 10000-gal. #R-350-X - Polyoyl storage tank 1 Viking Pump Cc. model LL-124 - 3" x 3" rotary pump Ser. #0631681 1 12 ` dis. x 15' high welded steel 10000-gal. #?1* Polyoyl storage tank 0 '' v 4 01 029 1786 THE AMERICAN APPRAISAL COMPANY Investigations Valuations Reports . MACHINERY AND EQUIPMENT il _ i 1 Viking Pump Co. model KK-124 - 3" x 3" rotary pump Ser. #0631500 v' i 1 12' dia. x 15* high welded steel 10000-gal. Crosslinker storage tank ` 1 Blackmer Pump Co. fig. 3209 - 2%" x 2V rotary pump Ser. #D-377985 1 12* dia. x 15' high welded steel 10000-gal. VC-82 Polyoyl storage tank * 1 Viking Pump Co. model LO-124 - 3" x 3" rotary pump - Ser. #0^32419 - X 12* dia. x 15* high welded steel 10000-gal. MR-Papi storage tank , Viking Pump Co. model LO-124 - 3" x 3" rotary pump - Ser. #0631894 . 1 Tank Div., Water Treatment Corp. 2* dia. x 6' high welded steel air receiver with Pall Trinity Micro Corp. model 51HA1-0000CH package type air dryer - Ser. #6H-52419-A 1 Robinson Mfg. Co. size 13 - 36H twin blade shredder Ser. #1619 1 Mixing Equipment Co., Inc. Lightnin model D-3 electric mixer - Ser. #609832 41 Havens Structural Steel Co. model 33-15-HG cooling tower - Ser. #2257 , 1 F.E. Myers & Bro. Co. cat. #100-3 - 1" x lV centrifugal pump - Ser. #953-62 5 ** 01 029 1787 THE AMERICAN APPRAISAL COMPANY Invcfiigations Valuations Repeats MACHINERY AND EQUIPMENT 1 Sail & Gossett, Inc. model EPC1N15 package type air conditioning and refrigerating unit Ser. #M-52259-LD 1 F.E. Myers & Bro. Co. cat. #100-B - 1" x lV' centrifugal pump - Ser. #353-65 1 Tfccumseh Products Co. type RA code 69C Freon compressor - Ser. #38585 1 Philadelphia Iron Works, Inc. 3' dia. x 6' long welded steel cold water storage tank - Ser. #100 1 Stover Co. 3' dia. x 8' high welded steel solvent . storage tank - Ser. #C-4871 1 Kisco Boiler & Engng. Co. model B4K-BFC IV x lV rc-tary pump - Ser. #C504383 1 Hcffman Specialty Mfg. Co. type WC820 Watchman 1" x 2" condensate pump - Ser. #R31458G 1 Oberdorfer Pumps 1" x lV solvent motor pump 1 Robbins & Myers, Inc. type CDD frame 1L8 form UU 3" x 3" Moyno pump - Ser. #AS-54699 - 1 Robbins & Myers, Inc. type SSQ frame 1L8 form SV 4" :< 4" Moyno pump - Ser. #AS-31737 1 Toledo Scale Corp. model 2181 - 9C0# floor scale - , S3r. #25957 . 1 Toledo Scale Corp. model 2181 - 1600# floor scale Ser. #25947 - with 711 Verilux reader 1 Hydraulic Div.. Foster:* Corp. model OC-3K-152-3T Chompuiuf 2" .< 2" centrifugal seal-less motor rump - Ser. #12982-1 '*-i# 6 *01 029 178 S THE AMERICAN APPRAISAL COMPANY Investigations Valuations Rcpoit* MACHINERY AND EQUIPMENT - & > 1 Toledo Scale Corp. model 2382 - 20000# tank scale - Ser. #2521 * 1 Will-Flow Corp. 1500-gal. isocyanide reactor Ser. #8522 1 Will-Flow Corp. 200-gal. isocyanide reactor Ser. #8520 1 Toledo Scale Corp. model 2382 - 3450# tank scale Ser. #2522 1 Will-Flow Corp. 500-gal. Crosslinker blender - Ser. #8521 . 1 Toledo Scale Corp. model 2382 - 7450# tank scale Ser. #2523 1 General Electric Special metal-clad polyurethane blending motor control' center 1 Marsh Stencil Mach. Co. model M V stencil machine Ser. #873 1 Havens Structural Steel Co. model 33-10-JL cooling tower - Ser. #20579 2 Oberdorfer Pumps 1" x iV* centrifugal motor pumps 1 McQuay, Inc. model WHR-008A-1 8-ton package type air conditioning and refrigeration unit Sjer. #76159-1 1 27" x 44" x 60" obround welded steel cold water storage tank 1 Mar-Flo Industries, Inc. 40-gal. electric process hot water heater - Scr. #1'?632AD 7 01 029 1759 THE AMERICAN APPRAlSAl COMPANY Ir.vrHip.Miors VtlujtiOM Reports MACHINERY AND EQUIPMENT 1 Allis-Chalmer.: size 8 l**" x IV RS cejrcrifugai ipotor puir.p - Sor. #l-62770~l-2 3 4* dia. x 8' lcng welded steel 1000-gal. Crosslinker storage tanks 1 5* dia. x 10 ` long welded steel 1500-gal. isocyanide storage tank 1 Unarco Special portable resin and prepolymer coolir.gheating unit Unarco Special polyurethane slab pouring line consisting of Jennings Special metering and conditioning system Jennings Special 90" hydraulically operated traversing pouring machine Prodco 80" slat type inclined pouring ccnveyor discharge conveyor Spike type slab cutoff saw . 1 Viking Pump Co. model K-124S - 1 3/4" x 1 3/4" pump Ser. #0567362 1 Electric Products Co. type B-15 electric battery charger Ser. #22171 . 1 Diagraph-Qradlev industries 7/8" stencil machine - Ser. #34022 * 1 G.H. Tennant CD. model 86 gasoline powered riding type industrial floor sweeper - Ser. #91074 1 Unarco Special laboratory type spray unit 1 Delta 9'' table saw - Ser. #73-614 1 Delta 14" vert .cal bench type band saw - Ser. #"'7---; = 04 3 01 029 1790 THE AMERICAN APPRAISAL COMPANY lnvn&atiors Valuations Reports MACHINERY AND EQUIPMENT I Sears, Roebuck & Co. model 113-22541 code B67 floor type combination disc and belt sender - Ser. #22541 1 Rockwell Mfg. Co. 4" Precision jointer - Ser. #CC9996 I Binks Mfg. Co. 20` wide x 10* deep x 3* high dry type paint spray booth 1 Glas-Craft portable fiber glass spraying unit 1 Unarco Special 20" double end floor type polyurethane trim saw 1 Unarco Special 8" floor type pipe insulation center hollowing machine I Unarco Special 36" vertical floor type slab saw I Unarco Special bag type dust collector I General Blower Co. size 35 fan - Ser. #15483 1 Toledo Scale Corp. style #921-J 1200# floor scale Ser. #415-168 2 Unarco Special 40" vertical floor type band saws 1 Unarco Special 8" floor type pipe insulation center hollowing machine 2 Una-tco Special floor type Cyclone dust collectors 2 Unarco Special 3-section bag type dust collectors 2 New York Blower Co. size 261 fans - Ser. #X-2337, Y-2780 . 9 '' -.=1 01 029 1791 FH AMERICAN APPRAISAL COMPANY lnvc$ng.uions Valuations Repo*ts MACHINERY AND EQUIPMENT i- i 1 Unarco Special 20" vertical floor type pipe covering band saw with adj. contour mandrel 1 Unarco Special 20" double end vertical floor type pipe covering band saw 1 Unarco Special 8' x 3` x 7'6" steel frame galv. metal sides adhesive spray booth - 1 Graco President type portable air operated spray pump with model 82C5D38 power head - Ser. #6D7 - and model 207099 pump - Ser. #6B7 1 Sears, Roebuck & Co. 12" radial saw j' 1 Unarco Special dowel forming machine * 1 Delta 17" vertical floor type sensitive drill Ser. #53-8990 1 Unarco Special 48" horizontal polyurethane sheet slitting saw . 1 Delta 14" vertical floor type wood cutting band saw Ser. #56-2265 1 Unarco Special floor type 2-roll foil crimping machine 1 Boston Wire Stitcher Co. model JG Bliss vertical floor type wire stitcher - Ser. #I,5139V 1 Fampo Special 8-blade trim saw . . 1 Unarco Special dust pickup unit 1 Hoffman model 36303 exhauster - Sor. #86825 10 n '' r-ii \ "**-**. v * 01 020 1-7 9 2 TH AMERICAN APPRAISAL COMPANY Investigations Valuations Repons MACHINERY AND EQUIPMENT I Reliance 25 H/P totally ei*.closed motor - Ser. #P25'372A 1 North Star model 205B dust collector - Ser. #148 1 Ur.arco Special 40" vertical floor type band saw i Unarco Special 14" power traversing trim saw 96" travel 1 Howe model CW4X - 2500# dormant platform scale Ser. #1541521 2 Aget model 90N70-PL dust collectors - Ser. #184, 185 2 Louis Allis 30 H/P totally enclosed motors 1 Aget model FH-58-3 Filterkop - Ser. #218 1 Aget model FH-58-4 Filterkop - Ser. #219 2 Unarco Special after-filters 1 General Blower Co* size 35 fan - Ser. #19330 1 Unarco Special 14" power traversing trim saw 144" travel 1 Timesaver model 62-BSP sander-polisher - Ser. #3079 1 Louis Allis 75 H/P totally enclosed motor . Se'r. #2254400001 1 Timesaver model 62-VTQP ssnder-pclisher - Ser. #3110 1 Louis Allis 75 H/P totally enclosed motor Ser. #2254400002 li 01 020 1793 APPRAISAL COMPANY Investigations Valuations Reports MACHINERY AND EQUIPMENT 1J 1 McMaster-carr 20C0# jib crane, v/ith vacuum pickup unit 4 6\ x 48*' x 8' forced hot air drying ovens l * 1 Despatch style #01500 gas fired heater - Ser. #15448 1 Despatch style #SE-80 recirculating fan - Ser. #R1544 1 Westinghouse 25 H/P totally enclosed fan cooled motor Ser. #6902 1 Despatch style #SE-80 recirculating fan - Ser. #1473 i 1 Westinghouse 25 H/P totally enclosed fan cooled motor Ser. #6904 1 North American #J-337 turboblower - S.O. #7-9982 1 Fate-Root-Heath Co. 5-ton diesel locomotive Ser. #8192 1 Unarco Special hardboard sheet overhead conveying system 1 Danly #H-100-132-72 hydraulic press - Ser. #63178801 1 Gonoan-Rupp 3" x 3" solids pump 1 Biggs 8' dia. :< 48" long autoclave - Ser. #30177 1 Unarco Special 2,6" dia. x S'S" high and 1'6" dia. x 12' high 2-section steel air receiver 1 Gardner-Denvc-r model ACC-9003 - 6 3/4" x 4" vacuum pump - Ser. #449660 01 020-179 * V .v * ;r.. * - . ' . . TM AMERICAN APPRAISAL COMPANY 1; * Investigations Valuations Reports t MACHINERY AND EQUIPMENT > - x 3/4 " x 3/4" .pump with 1 Il/p motor i Gorman-Rupp 2*5*' x 2HM solids pump X Allis-Chalmers model FB-1 - 2" x 1^" BEB pump Ser. #1-55583-1-1 1 Meyers IV' x 2" motor pump - 3 H/P 1 1 3/4" x 1 3/4" split case centrifugal pump without motor 1 7'4" dia. x 38' riveted steel autoclave blow-down tank 1 Unarco Special bag type after-filter General Blower Co. size 35 fan - Ser. #9396 1 1 Sprout, Waldron & Co. type 36 attrition mill - Ser. #8467 1 Howell 60 H/P totally enclosed fan cooled motor Ser. #14241J-1 1 General Blower Co. size 45 blower - Ser. #32730 -1 Kenco model 109-A sump pump ' . 1 J.H. Day Co. 6' x 12' x 6' high blender - Ser. #81243 * 1 J Allis-Chalmers 30 H/P totally enclosed motor Ser. #51-678-350-1331 1 J.H. Day Co. 5' x 10' x 5' high blender - Ser. #8122 13 01 029 17 9 T 7HE AMERICAN APPRAISAL COMPANY lnvc*iiyat;ons Valuations Reports MACHINERY AND EQUIPMENT 1 Allis-Cha?.mers 30 Il/P totally enclosed motor Ser. #51-678-650-1191 1 Gorman-Rupp 3" x 3" solids pump 1 Unarco Special 4* x 8' vacuum pickup unit - spare General plant equipment Laboratory furniture and equipment 1 Henry L. Scott Co. model DH 300# cap. tensile tester 1 Haskins Mfg. Co. type PR208 electric furnace Ser. #4965 1 Unarco Special laboratory current conductivity test panel . 1 Despatch Oven Co. style #V-29-2 electric oven Ser. #34897 1 Baker-Perkins bench type twin blade dry mill Ser. #38316 1 Fred S. Carber model B 2000# bench type hand operated laboratory press 1 Dake Engine Co. model 50H floor type motor driven arbor press - Ser. #135816 X Un&x-co Special bench type horizontal motor driven mixer 1 Stewart Bolling & Co. 12" horizontal twin roll v/ator* cooled blending mill - Sor. #1655 14 n '01 old'1796 THE AMERICAN APPRAISAL COMPANY . i fnvcMt|!a;iont Valuations Reports MACHINERY AND EQUIPMENT ' i 1 Walker-TJurner Co. 16" vortical floor type band saw Ser. #1]|35448 1 Duro Metal Products Co. 16" vertical bench type sensitive drill - Ser. #B-86144-3l 1 Precision Scientific Co. cat. #31481 modal 13 electric laboratory oven - Ser. #N1 1 Precision Scientific Co. cat. #31478 model 17 electric laboratory oven - Ser. #N3 1 1 Precision Scientific Co. cat. #1050 electric laboratory oven - S,er. #601-498 1 Fisher Scientific Co. model 35 titrimeter - Ser. #A383 1 Christian Becker, Inc. Chainomatic balance 1 Delmhorst Instrument Co. model RC-9A moisture detector - Ser. #6286 1 Brookfield model F.VF Synchro-lectric viscometer Ser. #5121 1 Peckin-Elmer model 700 infrared spectrophotometer . - 1 Bausch & Lomb model HA-9 monocular microscope Ser. #250037 1 Central Scientific Co. cat. #90510 Cenco Pressovac 4 . .vacuum pump - Ser. #40438 1 Beckmar. mcdcl N oil meter - Ser. #102696 15 ' *0 >'S*Z3 17 0 THE AMERICAN APPRAISAL COMPANY inveMigat'OTM Valuations Repons . OFFICE FURNITURE MID EQUIPMENT ># 1 IBM Executive 15" electric typewriter Ser. #41-023158 1 IBM Executive 15" electric typewriter Ser. #41-115618 1 IBM 10" electric typewriter - Ser. #61-167856 with Special invoice carriage 1 IBM 10" electric typewriter - Ser. #61-168097 with Special invoice carriage 1 IBM 11" electric typewriter - Ser. #11-211895 1 Royal model 550 - 13" electric typewriter Ser. #8855255 1 Royal modal 550 - 13'* electric typewriter Ser. #8770593 ' 1 Royal model 550 - 13" electric typewriter Ser. #9180409 1 Royal model 550 - 13" electric typewriter Ser. #8904678 1 Royal model 550 - 13" electric typewriter Ser. #9000496 1 Royal model 550 - 13" electric typewriter Ser. #8355159 1 Royal model 550 - 13" electric typewriter Ser. #9183105 1 Underwood 13" typewriter - Ser. #7010717 16 ^ '` '01 0*20 1 79 S THE AMERICAN APPRAISAL COMPANY . lnviip,aiion$ Valuation* Rcpon* OFFICE FURNITURE AND EQUIPMENT e X Underwo bd 13" typewriter - Ser. #6910394 1 Underwood 13" typewriter - Ser. #7859814 1 Underwood 13" typewriter 1 Underwood 13" typewriter 1 Underwood 12" typewriter - Ser. #6742428 1 Olivetti Underwood Editor 2 - 13" electric typewriter Ser. #El3-6011735 1 Friden STW-10 electric calculator - Ser. #483883 1 Marchant 8SD-X electric calculator - Ser. #356254 8 1 Marchant 8SD-X electric calculator - Ser. #349140 1 SCM Marchant 505 Tenkeymaster electric calculator Ser. #522259 1 Remington Rand 3NP electric adding machine Ser. #475051? Remington Rand #7171 manual adding machine Ser. #664412 Remington Rand 93N electric adding machine Ser. #913233 I Remington Rand 93N electric adding machine Ser. #765764 1 Remington Rand 93N electric adding machine Ser. #160632 17 01 0?*:) 17 90 THE'AMERICAN APPRAISAL COMPANY Investigations Valuations Reports . OFFICE FURNITURE AND EQUIPMENT ` 1 Remington Rand 93N electric adding machine Ser. #921984 1 Remington Rand 93N electric adding machine Ser. #813713 1 Remington Rand 93N electric adding machine Se:r. #652297 ` 1 Victor electric adding machine - Ser. #826699-0 1 Victor electric adding machine - Ser. #843887-0 1 Victor electric adding machine - Ser. #808834-0 1 Burroughs manual adding machine 1 Dictaphone TAU-4 dictating machine - Ser. #786675 1 Dictaphone TBU-3 transcribing machine - Ser. #932180 1 IBM model 11 dictating machine 1 IBM model 12 transcribing machine - Ser. #462929 1 Edison Voicewriter dictating machine - 1 Ditto Corp. D-5 duplicating machine - Ser. #10128 1 A.E. Dick #435 duplicating machine - Ser. #017154 ' 1 Addressograph-Multigraph Corp. model 700-ii addresser Ser. #5065*50 18 . 01 ---2 1801 TH6 AMERICAN APPRAISAL COMPANY InveMiRatioos Valuation* Reports OFFICE HJMUTURF. AN'D EQUIPMENT $ 1 Addressograph-Multigraph Corp. Graphotype Ser. #17:25* I Pitney-Bowes model RA postage machine - Ser. #71i8*?2 1 Hedman Co. F. & E. electric Check Protector Ser. #377.7654 1 Bolex model M3 film projector - Ser. #442564 Office furniture and fixtures 19 -^9 1201 TH : AMERICAN APPRAISAL COMPANY ' Invc^igati ) M Valuatians Reports LEASEHOLD IMPROVEMENTS Bldg. 1 - Office Brick c.nd concrete block, steel frame cons'ruc'io: 40'0" >: 110 *0" - 14'2" high Item 1 - Engineering Research and Storage Wood ar.d steel frame construction 56'0" > lOS'O" - 16*4" and 10`0" high Item 2 - Plant Office Clay tile ar.d class block, wood frame construcrio: 3210" x 40'0" - ^`O" high Item 3 - Conference Room Frame construction 20'0 " x 45`0" - 12'0" high Item 4 - Record Storage Area Wood and expanded metal, wood frame construction 12'0" x 24'0M - 3'0" high Item 5 - Storage Area Frame construction ` 15'0" x 24'0" - 10'0" high Item 6 - Resin Department Concrete blc-ck wall 152'0" x S'C" high Item 7 - Federal Division Concrete block ar.d Unarco board metal, wood frame construction 495'0" x 38'9" av. height Item 8 - Overhead Swinging and Sliding Doors . 10 doors of various sizes Item 9 - Boiler Room Unarco board, steel frame construction 20'0" x 29'0- 16'0" high 20 180 THC amK;CAN /.PPFAISAl COMPANY InveMigations Valuations Reports LEASEHOLD ;MPUOVTLMnNTS V,.-' O ' .tf* Item 10 \ Item 11 - Loading Dock, Ramp and Canopy Reinforced concrete, wood and steel frame 1 construction o510" x 47*0" - Maintenance Area Wood, Unarco board and expanded metal, wood and steel frame construction 6010" wall Office 11 ' 6" to 13'6" x 13'0*' - 3*0" high Item 12 Item 13 - Mezzanine Office Area Frame construction 20 6" x 20'0" - B'O" high 1 - Shop Office - Federal Division ttaarco board, wood frame construction 10 6" x 16`0M - 9'0" high * Item 14 - Timeclock Area and Guard Office Wood and steel panel, wood frame construction 25'0M wall - 7`0" highS'O" X e`0" - 8*0" high Office Item 15 - Concrete Foundation Reinforced concrete 12*0M x' 48`0" Item 16 - Lunchroom Area Wood movable office partition 3 3 10" x 2 2'0 " Item 17 - First Aid Room Frame construction 15'0" x 12'0" - 8*0" high ' 'Item IS - Tost Area Frame construction 12'6 M x 20'6" - 8'10" high 21 ` 180 TtlS AMERICAN APPtAI5AI COMPANY Invc'i'gatOK Valuations Report; LEASEHOLD IMPROVEMENTS Item 19 - V!a.chin2 Platform at Polyurethane Blending ana* staring Area Metal-clad, steel frame construction 13*0" :< 35'0" - 7'6" high Item 20 - Industrial Tracks and Tracks in Transfer Pets 35# industrial rail * Item 21 * - Floor Reinforced concrete liT'O' x 572 1 0" 195 ; 0 ' >: 441 0 " Item 22 - Repair Old Railroad Tracks Replace ties and tie plates Fateh concrete floor 195'O' Item 23 Trenches and Pits Throughout Rsinfcrced concrete Item 24 - Roof ` Resurface roof area Replace dry rotted roof sheathina 192392 sq. ft. area " Item 25 - Sign Porcelain enameled steel on steel framing Illuminated 91*0" x 7'6" high 2-face Item 26 Item 27 Item 28 Item 29 Heating, Ventilating and Air Conditioning System Oil fired steam boiler, piping and unit heaters Electric Lighting System Automatic Sprinkler System Fire itou'.ct.cn System Fr-ur.c c ;>'.= *>. ructj on hoso ho i ;es 22 V or 0-49 ISO W hi %* - *-"?*T*V r# . V' ^- .^Sa..:vfrf;v; .> * 'V * v -..v. i 1 . : " r; . * : - _N. '^ tse\i, y\'.h' * . :>?v; "-<.>. /----- V>. J- : " >?&*T. y-.,or- V ' .V - 5 l>UUwfe { /* y. T: Pi `V* 1505 klCAN Al'l'KAlSAl COMPANY investigations Valuations Repots LEASEHOLD IMPROVEMENTS * Item 30 - Parlcinc Lot Improvements Item 31 - Power Feed Wiring Item 32 - Manufacturing Piping -a 23 n '* ''01 "15 0 6 Annex to Schedule ] na-gg) of Add:. tionr nni Oelo* : ^pr 1. Toledo Scale Company - Style #921-J1200 floor Scale Serial ?415-:.6c is defective and it is unrepairable, as such, it is deLcted. 2. Sears Roebuck and Ccmrany 12" racial saw is chanced to Sears Roebuck and Company 1C" radial saw. 3* Four 6` x 48* x 5* forced hot air drying ovens is chanced to three, the fourth enclosure not fceinc a drying oven. 4* The following equipment in the tJnarcoboard Department i s added. 1 40 yd. dust container 1 5* x 10* vacuum pickup unit 1 4* x 8* mold - male and female 1 5* x 10' mold - male ar.d female 1 air driven water pun? 2 transfer units 1 air operated grease gun . 1 mill feeder ur.r.t 17 autoclave carts - steel construction 53 heat transfer planes - steel 36 Oven carts - steal construction 1 North American --0337 turbo blower without motcr 1 drawbridge 1 Delta 14" vertical floor type wood cutting band saw Serial #22-922 . 1 9n Skill `disc s.ar.der model #852 - type 6 1 7" Craftsman electric saw-Model #31*5-27802 - Serial #86 li 1 7" Craftsman electric saw - Model #351-27802 - Serial #6612 1 Skill grinder - 5" portable type - Serial #4676.13 1 Black and Decker portable shear - Cat. #507 - Serial #3770 r7? 1 Milwaukee Tool Co. l/t" electric drill - Cat. r/01CO - Soria! ;v72- 1 Craftsman reversible electric drill 3/8" - Mods! #31>-1I251 Serial #5013 5. Bolex modesi MS film projector - Serial #442564 - is deleted. 6. The listing of office furniture and equipment is deemed to include ' all office furniture, e/er. if net specifically listed. 7. The following leasehold i.mnrcvaments are added: a.' 1 male employees wash ocm - site 30' 10" x 34' 2" x 9` 6" b. 1 female emolcyees c ihroo.m - site 30' 10" x 32' x 9' 6" c. 1 storage area - si:o 30' 1C" x 31' 7" x 17* 8" d. 1 locker room - sir.-: 'O' 10" x 14' x 3* 6" e. 1 storage are: - ci.-e `0 1C" x 34' 2" x 9' 6" f. 1 501 flag pole All of the ahov: : 1 -: .".cro to, .w.d rvicl cnnuiructior , !:! exception of the flag - 1 \. 1*50 2- - 3. Items Z('. - 32 ir. the leasehold improvements listing as general designations of heating, lighting, sprinkler - fire protection, etc. systems are deemed to include components of those systems. 9. Item 25 of leasehold improvements - sign porcelain enameled steel on steel framing - illuminated - 91' *0*' x 7' 6" high 2-face is deleted. 10. 1 Remington manual adding machine is added to office equipment Serial #521770. ' 01 ISO5 pot.v mi;n!v,:i-. io::o The formulationa required for Ihu manufacture or prodi-.ctio \ r.mi/or erpe-ri (cample) quanhj.tic:; of polyurcih'.r.c liquid cyclc:.\a are recorded in a o'.Ml FOlUiULVCICM record boo*.; v;.ll)\ each f or::.:iU'iion consiriing of the information: itol 1. Formulation number 2. Produc t number 3 Bats issued I*. The formulation listing a. Identification of material used b. Quantity of material used (in percentage) c.. Source of supply $ Specification for quality control of the formulation in combination with a standard, 6* Physical properties of foam produced by the formulation in combination with a standard. The STANDARD FOI&IUIATIOIJ record boob is maintained and controlled by the Systems Chemist of the Research and Quality Control group. Duplicate records are ix. the possession of the Supervisor of the Research and Quality Central group. . The formulations of record on this date are categorized as follows: 1# Aetivs formulations (called standard formulations) which are currently being used for the production of polyurethane rigid fos:n slab, and for the prodvcticr. of polyurethane liquid systems. 2# Experimental formula tic*. 3 which have been evaluated and determined to be of potential use in production. . 3# Void and obsolete formulations which are no longer considered to be of value in the production cf polyurethane rigid foam slab or liquid systems. Thera are thirty-five standard polyurethane formulations on record as of t.ii.s date. They are categorized as follows: Category 1 - Isocyanate components used for the production of pclyure ;v, me rigid form, slab and liquid systems (there are throe (3) formulations ia this category). " ' Standard Forruilaticn `Juratcr 1000 Product 'lumber A-600 Date Ispv.od V/2h/6$ (A lon-vjsccc: :> isocyanate) '* Standard Fc:*\u.>.iiou ''unber KOI Product Kur.bcr.; ' A-100, A-30C, A-UOO, A-uCO Dated Israel 1/23/6? (A preuoly.:.- c:c:r;i:-ting prirr.rjly of pol\isocyanate) Standard Yc. \`\l i'erd "i* K27 Produce i'u. r A-200 . Dnte In.u.ic:: 2/3/70 (A pjv-ot e ' i th f-leud v.`-i F-:lee < ) ' 01 0`a 1 o roLvtmEriiAtit; roiiTJUTiows Category 2 - Crosslinkor componcnts (;:*1 co called resin or polycl components) used for production of riyid urethane slab (there arc six (6) formulations ir. this category). Standard Formulation Number 1020 Product Number IM 50 Date Issued 11/13/65 (A nominal 1.05 pounds per cubic foot slab stock formulation) . Standard Formulation Number 1021 Product Number U-Dslta Date Issued 11/11/6? (A nominal 2.10 pounds per cubic foot density slab stock formula Standard Formulation Number 1022 Product Number U-200 Date Issued i'1/10/6? (A nominal 2.35 pounds per cubic foot density slab stock formulation) ' Standard Formulation Number 1023 product Number tJ-250 Date Issued 10/13/6? (A nominal 2.70 pounds per cubic foot density slab stock formulation) Standard Formulation Number 102h product Number U-300 Date Issued 5/15/6? (A no:dual 3.00 pounds per cubic foot density slab stock formulation) Standard Formulation Number 1025 Product Number U-UOO Date Issued ?/l6/6? (A nominal li.OO pound per cubic foot density slab stock formulation) Category 3 - Crocslinker components (also called resin or polyol cc.-.pcn '.ntc) used for the production of standard liquid systems (there are five (5) femulations in this category). Standard Formulation Number 10OJi Product Number B-300-2 Date Issued 2/1 ?/60 (A nominal 2.00 pounds per cubic foot density pcur-in-clccc system) Stand ird Fer.alation Number 1C05 Product Ncber B-lj00-2 Hate I.-,rued 11/13/6? (/V nominal 2.C.') pounds per cubic foot density fr./.h^ ' Oi 3 ) 131 polyiwctiunk forkhiatiohs Catcgoj-y 3 - Continued Standarjd Formulation Hunger 10', 2 Product! Humber B-1jOO-2.5 Date Issued 7/0/6? (A nominal 2.?0 pounds per cubic foot density froth system) Standard Formulation Hunter 1026 Product Kumber B-200-2 Date Issued 2/3/70 (A nominal 2.00 pounds per cubic foot density spray system) Standard Formulation Humber 1031; Product Number B-300-U Date Issued 2/1C/70 (A nominal i;.00 pounds per cubic foot density system for noldir.^ or pour-in-place application) Category 2i Crosslinker components (also called resin or polyol components) used for the production of special liquid systems (there-are twenty-one (2`.) formulations in this category), Standard Formulation Humber 1002 Product Number B-300-1 ,$ Date Issued 2/19/63 (A nominal 1.50 pounds per cubic foot density pour-in--p?ace system) Standard Formulaticn Humber 1003 Product Humber E--301--1*5 Date Issued 2/15/67 (A low density, pour-in-place system with long: reaction tinss) Standard Formulation Humber 1006 Product Humber B-500-20 Date Issued 2/1/67 (A nominal 20.00 pounds per cubic foot density pour-in-place system) ** Standard Formulation Humber 100? Product Hunter B-201-2.J Date Issued 9/6/65 (A.low viscosity spray system) Standard Forr.uLcticn Number 1008 Product Number - B-303 -2 Date Issued 1/31/67 (A. nominal 2.CO pounds per cubic foot density ocur-in-pl-co system with a Ic;: c:::lhoni) Standard ?c Product Hu:-.' DitC Issue.: (\ nominal system B-30h-2 10/25/67 r cut i c Cr.z t d* < .-.nr' a long rc oi n x\v . . .. ctio.i tire. oafl i; 'S'2- ..JB&. ponimitfhuce you: muttons Category h - Continued Standard Formulation Number 1010 Product Nunber B-305-2.5 Date Issued 8/1/68 (A nominal 2.30 pounds per cubic foot density pouv-in-plr.ee system) Standard Formulation Number 1011 Product Number B-U01-2.5 Date Issued 7/18/6? (A nominal 2.50 pounds per cubic foot density froth system for low pressure application) Standard Formulation Number 1013 Product Humber B-306-2.5 Date Issued 11/29/67 (A nominal 2.5 pounds per cubic foot density pour-in-place system) * Standard Formulation Number 1015 Product Number B-309-5 Date Issued 11/13/67 (A nominal 5.00 pounds per cubic foot density system) Standard Formulation Number 1015 Product Number B-500-6 Date Issued 8/29/69 (A nominal 7.00 pounds per cubic foot density system for molding) Standard Formulation Number 1017 Product Number B-501-8 Date Issued 12/16/65 (A nominal 8.00 pounds per cubic foot density system for molding or pour-in-plcce) ' Standard Fomulation Humber 1019 Product Number B-502-10 Date Issued 6/2li/68 (A nominal 10.00 pounds per cubic foot density system for molded slab stock) Standard Formulation Number 1028 Product Number B-l;03-2.5 PC Date looted 2/18/70 (A nominal 2.70 pounds per cubic foot density brother system) Standard Forr.ulrticn Nonbor 1031 Product Nurdcr B-307-3.0 Date loom d 1/26/67 ^ `' . (A nominal 3.00 pouwls per cubic- foot dor.r.5t>V;ojo 4 O paur-in-pl; cc ays'-cu) Q 0*9 lol^ at* li't.. i 0 pommhmin; miwiwm'.s Ecpcrimcntnl Formulation:; (C out j r-ued) Bcperiid-nial rkuu'.ulc.lj.or iJur.tl>nr 5037 Identification 13-313-1.5 Date Issued 2/19/70 (A nominal 1 .50 pounds per cubic foot density pour-in-place systen) Experimental Formulation Number 5039 * Identification EB-503-6 3ate Issued 2/19/70 (A nouinal 7.00 pounds per cubic foot density molding systen) Elastomer Formulation 1 In addition to the thirty-five (35) formulations listed and identified above, the STANDARD FOEMJLATIGN record boobs contain elastomer formulation U.E.U12, a tvoconponent systen designed for spray application only. Unarcoboard Formulations' Three ninoi'al composition board formulations are recorded in the Board 63 laboratory Unarcoboard control book. They are: Formula 22: Tnc formulation for a nominal 22 pound per cubic foot density board. . ' * Formula 36R: The formulation for a nominal 36 pound per cubic foot density board . Formula 36S*. The formulation for a nominal 36 pound per cubic foot density beard. Dr. N. C. Nielson Research & Quality Control Karoh 23, 1570 ' oi^-Sw j si: 7 Schedule 3 Lease of Plant Site of Chembest Division in Bloomington, Illinois. Lease dated November 7, 1950 between Gulf, Mobile and Ohio Railroad Company and Unarco, and as supplemented by agreements dated October 1, 1951, October 20, 1955, and April 1, 1970. c> Of 02b 131G j.. 14. Lease of six automobiles with Wheels, Inc. dated May 16, 19G8. 15. Maintenance service agreement for calculator with SCM dated December 31, 1969. 16. Inspection contract on Royal typewriters with Paxtons. 17. Blanket order for use af Xerox copy machine with Xerox Corporation dated August 26, 1968. 18. Refuse pick-up and hauling service with Central Illinois Land Fill dated February 3, 1970. 19. Renewal membership for National Safety Council dated March 3, 1970. 20. Finder's Fee Agreement with Gusmer Coatings, Inc. dated January 12, 1970. 21. Contract for two tanks and two pumps with Quality Oil Company dated April 6, 1968. 22. Maintenance Service Agreement for mimeograph with Paxtons dated May 20, 1969. . 23. Maintenance Service for adding machines with Callender Business; Machines dated January 9, 1970. 24. Maintenance Agreement for calculator with Friden Division. 25. Tank car lease for Union Tank Car Company dated Hovenber 15, 1965, as amended. (3 of the 5 tank cars have been sublet) 26. Maintenance Agreement for IBM equipment with IBM dated May 20, 1969. 01 aS1s SCHEDULE 7 (Consistin;; of li r.asen) CHEWIEST DIVISION Salaried Personnel Bragonier, Bemita CoVb, Ch.r-rlrnc Cotton, Mary C. Crutcher, Bonnie J* Crank, Lois J Cushing, Sara (Sally) Fulkerson, Irene Hammond, Charles Handley, John V* Harmon, Jerry E* Heck, Jerry Duane. Huff, Donald R. Janccok, Henry F* Julian, Robert P* Koons, Donald C* Xoopman, Mary Lee LaKonte, Theressa Lansing, Kenneth A* Lawyer, Russell Lee, Thomas Mclntire, Calvin J# Wneotij'.cj', ruut.u_iw..iiJu t\T\t ___y\ Neeley, LuRay J. Nielsen, N. C. ' O'Rourke, John F. Price, Clyde Earl Rechkenaier, Clifton Reicherts, James . Renninger, David A* Smith, Glen R. Sharp, William Still., Loretta J* Simmers, A. W. Swar.ey, V/* A* Tanr.er, Valerie Taylor, Dayton Taylor, Harold Taylor, William E. Vliet, Arthur L. Wilkan, Merle V/. Worihan, Harsy V/, Zsarnay, Charles J, Typed Marsh 23> 1570 ciExr.r.5.? Division Hourly Employees Wane Date Started Eugene Hastings Jolm Herrell Ronald Boring Roger Rich Ton R. H'x'.uon Egljr.er Kelley Gerald L'cauchar.p Gail Cornell Jolin Hendricks Ed.;ard Wheeler Theoda Kirkwood Ernest Shidlcr Wesley D* Erps William Johnson Iloyd A. Hanselm:i John E* IlaXziger Charlie Kitchens Earl Crabtreo Claud Gere K&n'ir. Vcncc Donald Toureen Frankie Eaton Michael VIhite Lcyd R. Wolford Louis J. Bryant Willie B. Pate Cary Tipsord Cecil L. Folks; Sr. Francis Horton John Poleski Thomas R. Huff Arthur Hilvard Ernest R* Frost Ronald E Beyer Jin A. Harps ter Steven Woodbury Janes L. Alcorn James A3?`.strong Larry E.` Kertec Howard E. Rcwcliff Jarvis Long Dor.-i.ld Slaughter Donald H* Vollstcdt JOTTiOC A. Rood Koi*:;'jin Wnltcn Ch*rlos i. V/ilcc:;, Jr* 12- 3-Si 10- 2-52 ii-27 -66 8-21-67 U--29-69 7-1U-69 9- 6-69 9- 2-69 5-13-66 8-27-69 9- 5-69 11-21-69 7-17-69 12-27-51 6-27-68 8-12-69 l-13-53 12- 7-67 10- 6-53 5-*3-6G 1-27-69 7- '1-68 2-2ii-70 8-18-69 9-23-69 6-26-69 1- 2-68 6-2U-68 12-16-69 10-26-51 1-21-70 U- 2-68 9- 8-69 1- 5-70 1- 6-70 11-20-69 1-12-70 $-28-63 2-21-70 3- 2-70 3-16-53 . 3- 1-67 3- 3-70 9- 8-69 1-10-70 1-U1-70 01 0^-xS20 o CHK-3EST PIVISJ.OH Hourly Ksi.ployc.es Pace 2 None Ibtc- Started John Enlcn Juan liendiola Faye Salvator Lyman Killr:*an Irene Porter Leo Lokr.oyer Lester Friend Jiia * Hernandos Clyde Patterson Villian LeUeve Everett Soman Jolin Kubbs Donald Forrest Ray Sampson Dor a Smith Kar. a Hireeh Harr/ T# Grant Ralph Mounce Carl Chase Florence Gcsell Bernard F. Evans, Jr. William Debus Virginia Glass Rose Ferrell Charles Collins Darrel Petri thrall KcCtndless Clyde ConptcA Dennis Gustavson Frank Harris Wesley J. Julien, Jr. Walter WirAcclnajm James F. Keints Earl Alford Julius Atwood Michael C. Lyon Daniel E. Raulston Carroll D. Aldridge Stephen C. Thomas Joseph,Babb It-18-69 b-22-69 12- 8-53 11-11-68 li-22-51i 9- 1-55 3-20-56 6-23-69 6- 2-69 6- 2-55 1-12-5ft 12-29-53 3- 3-55 1-28-5U U-21-51* 2-1S-5U 6-23-59 7-20-59 5- 3-66 3-30-5U 7-28-69 12- 9-6R 7- 1-68 1-29-65 3-15-56 7-21-69 10-19-60 2-1U-62. 7-10-69 2-22-67 1-23-67 10-31-52 9-15-69 7-31-69 8-13-68 U-29-68 3-21-68 11- 6-69 7-21-69 10 -5-53 Typed March 23, 1970 Q 01 029 1821 Schedule H Planl Dlni'i'nm ASSIGNMENT WHEREAS, UNARCO INDUSTRIES, INC., a,,ccrporntion duly organized and- existing under the laws cf the State of Illinois, having a principal place of business at 332 South Michigan Avenue, Chicago, Illinois, has adopted and * is using in its business certain trademarks, has acquired goodwill associated with and symbolized by said marks, and has not abandoned the same; and WHEREAS, UNARCO INDUSTRIES, INC. is the owner of registrations of certain of said marks in the United States Patent Office, to-wit: Trademark Chembest Cry-O-Foam U-200 UFS-25 Reg. No. 769,023 806,596 837,759 860,764 Date of Registration May 5, 1964 April 5, 1966 October 31, 1967 November 26, 1968. AND WHEREAS, OWENS-CCRNING FIBERGLAS CORPORATION, a corporation duly organized and existing under and by virtue of the laws of the State of Delaware, having a principal place' of business at Fiberglas Tower, P. 0. 3ox 901, Toledo, Ohio, is desirous of acquiring all right, title and interest in and to said trademarks. NOW, THEREFORE, for and in consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby aoknowlcdgvd, said UNARCO INDUSTRIES, INC., an Illinois corporation, \ ' 01 028 1823 hereby assign unto the said CWENS-CORNING FIHERGLAS COR PORATION, a Delaware corporation, all its rights, title and interest in and tc the said marks, together with the good will of the business symbolized by the marks, and the registrations thereof hereinbefore listed and including the right to sue for past infringement if any there shall be. Dated: April 15, 1970 UNARCO INDUSTRIES, INC. By STATE OF ILLINOIS ) ) COUNTY OF C 0 0 K ) SS. On this 15th day of April, 1970, before me, the of Unarco Industries, Inc., a corporation, and that he as such officer, being authorized so to do, executed the foregoing instrument for the purposes contained therein, by signing the name of the corporation by himself as such officer. IN WITNESS WHEREOF, I hereunto set my hand - nd official'seal. My commission expires 2 / 7 / ^ 7J v oTfe is This Sublease, dated April 3970, between OWENS-CORNTNG FIHKKCLAS CORPORATION, a Delaware corpora tion, hereinafter referred to as "OCF" and af> "Sublessor,M and UNARCO INDUSTRIES, INC., an Illinois corporation, hereinafter referred to as "UNARCO" and as "Sublessee," WITNESSETH THAT: WHEREAS, OCF has become the assignee of the Lessee's interest under an Indenture of Lease, hereinafter called "Lease," dated the 7th day of November , 19 50 between GULF, MOBILE and OHIO RAILROAD COMPANY, as Lessor, and UNARCO, as Lessee, covering real estate located in Bloomington, Illinois, hereinafter referred to as the "Leased Premises," which assignment was given pursuant to the purchase by OCF of the Chembest Division of UNARCO, and . * WHEREAS, UNARCO has used the Leased Premises for the operation of its Chembest Division and for the operation of its Sink Division, and WHEREAS, OCF and UNARCO have agreed that UNARCO may continue to use a portion of the Leased Premises for the operation of its Federal Stainless Sink Division, which-portion of the Leased Promises shall hereinafter be referred to as the "Subleased Prc*miscs," according to Ujo terms of this Sublease as hereinafter provided for, NOW, TIIKRKi'OKK, Sublessor hereby sublets the . ** ' Subleased Premises lo 1 ! i *' So! >1 r^ser , . su b j < c t l(\aU Oi 152 the provisions, covenants, conditions and' obligations con tained in the Lease, which shall be deemed to be incorporated into and become a part of this Sublease, and ir. accordance with the provisions, covenants, conditions and obligations herein contained.' SECTION 1. Subleased Premises. The Subleased Premises shall be the areas of the Leased Premises which are designated "ESS" on the floor plan of the building located on the Leased Premises, which floor plan is attached hereto as Exhibit SECTION 2. Length of Term. The term of this Sublease shall commence on the date hereof and shall terminate on or before March 31, 1971. Sublessee may terminate this Sublease prior to March 31, 1971 by removing all of its trade fixtures, machinery, equipment, furniture, and items of personal property from the Subleased Premises. Upon termination of this Sublease by lapse of time or otherwise, Sublessee shall yield up possession of the Subleased premises to Sublessor in the same condition as they existed on the date hereof, ordinary wear and tear and damage by fire or other casualty excepted. . SECTION 3. Rent. # Sublessee shall have no obligation to pay any rental hereunder or incur any other monetary obligation hereunder to Sublessor except as hereinafter provided for. SECTION. 4. Use of Subleased Premises. Sublessee shall have the right to use the Subleased Premises for the operation of its Sink Division in the same manner that said premises have been used by Sublessee under the Lease. -2- 01 029 1826 ........... v Sublessor shalJ permit ,Su1>': us* oo' * employ^.* to ' use common facilities, such as rent room?*, lunch rooms, etc., and shall allow Subic.;soo reasonable access t.o facilities ' essentially required in its business such ns lording docks and transportation fncililies. SECTION 5. Reimbursement by Sublessee to Sublessor for Expenses Incurred in Behalf of Sublessee. Sublessee shall reimburse Sublessor for all amounts and charges relating to the use and occupancy by Sublessee of any portion of the Leased Premises, including but not limited to, all amounts and charges for all services, such as janitorial or security services, use of any facilities and equipment of Sublessor and use of any utilities and equipment of Sublessor and use of any utilities such as power, heat, electricity, gas, telephone, and water, which are not paid directly by Sublessee. Said amounts and charges shall be first apportioned on the basis of actual use by Sublessee, or if net capable of being measured by actual use, then on the basis of the prior accounting practice consistently applied in apportioning charges between the Unarco-Chembest Division and the Unarco Sink Division, or if that practice cannot be reasonably ascertained, then in the same ratio as the square footage of the floor area of the Subleased Premises bears to the total square footage of the floor area of the building in winch the Subleased Premises arc located, excluding fj*om such total square footage the square fool ago of any common areas or facilities Ilia! arc used by (he- Sublessor and Sublessee. SECTION (>. Waiver of Cljiims, SuliK ;i ' > - i a I ! i > l li t ex ( e 111 m > i ex |' r< 01 029 182' proh tb i. led by law, I.!u; Snbl essor, 11s agonls am) ('niphivccs, shall not bo liable for any damage ei thor to person or - property, sustained by the Sublessee or by other persons, due'to the Leased Premises or any part thereof or any appurtenances thereof becoming out of repair, or due to the happening of any accident in or about the Leased Prewires, or due to any act or neglect of Lessor or any agent, or employee of Lessor. This provision shall apply equally (but not exclusively) to damage caused by water, snov.'t frost, steam, sewage, gas, sewer gas or odors, or by the bursting or leaking of pipes or plumbing works or the failure of any appurtenances or equipment, or by any other thing or circum stance above mentioned or referred to, or by any other thing or circumstance, whether of a like nature or of a wholly different nature. The Sublessee further agrees that all personal property upon the Subleased Premises shall be at the risk of the'Sublessee only and that the Sublessor shall not be liable for any damage thereto or theft thereof. SECTION 7. Indemnification of Sublessor. Sublessee agrees to protect, indemnify and save harmless the Sublessor from and against any and all claims, demands and causes of action of any nature whatsoever, and any attorneys* fees and expense incident to the defenses thereof by"Sublessor for injury to or death of persons or loss of or damage to properly, occurring in the Subleased Pro'i.ti sos, or in a ny manner growing ou 1 of or connci- led w : 1 h Swh: 1 CSSOO* s use and occiipa i i on o f 1 :a 1 d Sut >H-: iscd Prom i sc-. du i' in;; t It r1 1erms o f l It i s y ul> ease. * * * ^ 01 029 1S2S SECTION' &Y~v insurance.' ' - ' `' Sublessor shall cause Sublessee to be named as a party insured under the insurance that it carries under Article IV of the Lease; provided, however, that none of such insurance shall be payable to Sublessee, and said insurance shall be payable to Lessor and Sublessor in accordance with the provisions of the Lease. SECTION 9. Removal of Trade Fixtures. Sublessee shall comply with the provisions of paragraph 5(c) of the Agreement dated April 1, 1970 between OCF and Unarco with regard to the sale of the OCF-Chembest Division to OCF. SECTION 10. Obligations of Sublessor. Nothing contained in the Sublease shall in any way obligate Sublessor to perform any act required to be performed by Lessor under the Lease, nor shall Sublessor incur any liability to Sublessee by virtue of Lessor's failure to perform any act requii*ed of it. IN WITNESS WHEREOF, Sublessor and Sublessee have caused this Sublease to be duly executed cn the day and year first above written. 0WENS-C0RNING FIBERGLAS CORPORATION, Sublessor N\ a-- . * 1'* f TRADEMARK LICENSE AGREEMENT /rA AGREEMENT aade this -30t day of April, 1970 between UNARCO INDUSTRIES, INC,, an Illinois corporation ("Unarco"), and 0WENS-C0RNING FIBERGLAS CORPORATION, a Delaware corporation ("OCT), V ITNESSETHi Concurrently herewith, Unarco has sold to OCF certain of the assets of Unarco's Cheabest Division, which assets Include inventory coBposed in part of quantities of an amosite asbestos board heretofore aanufactured and sold by Unarco (hereinafter referred to as the "Product") under the trademark "UNARCOBOARD". - Unarco is the owner of the txadeaark "UNARCOBOARD" (hereinafter referred to as the "Trademark"), which Tradeaark was registered in the United States Trademark Office on October 29, 1968 and bears Serial No. 28150** and Trademark No. 85918.5. It *is the desire and intention of Unarco and OCF that OCF be permitted to use the Trademark bn a non-exclusive basis for a limited period of time so that OCF may manufacture the Product and dispose of the Product inventory acquired by it and so manufactured and so that OCF may have a sufficient period of time in which to develop Its own mark to bo associated with the Product. ** NOV, THEREFORE, the parties agree as follows} > 1. Uftarco grants to OCF the non-exclusive right to use the Trademark In connection with the manufacture and sale of the Product but OCF must manufacture the Product in accordance with the specifications, 01 029 1831 . a: *4V ,i 1 / .. .'-k . . ;4' r *,*. ' .t .... directions and processes heretofore followed by Unarco in the manufacture of the Pzroduct under the Trademark. 2. Whenever OCF uses the Trademark in advertising or in any other Banner in connection with the Product, OCF shall clearly indicate Unarco's ownership of the Trademark. When using the Trademark under this Agreement, OCF shall comply substantially with all laws pertaining to trademarks in force at any time in the United States of America. This provision includes compliance with marking requirements. 3# The license granted in this Agreement shall be non-exclusive and non-divisible and shall not be transferable without Unarco's prior ' written consent, and shall terminate not later than June 30, 1971* . 4. Unarco assumes no liability to OCF or third parties with respect to the performance characteristics of the Product manufactured or sold by OCF under the Trademark and OCF agrees to indemnify and hold harmless Unarco against any and all losses, liabilities, claims, damages and expenses (including reasonable attorney's fees) incurred or suffered through claims of third persons against Unarco Involving Products manufactured by OCF. - 5* OCF acknowledges Unarco's exclusive right, title and interest in and to the Trademark and will not at any time do or cause tc be done any act or thing contesting or in any way Impairing or tending to impair any part of such right, title and interest. In connection with the use of the Trademark, OCF.shall not in any manner represent that it has any ownership in the Trademark or the registration thereof and OCF acknowledges that its limited use of the Trademark hereunder shall not create in OCF's favor any 01 029 1832 7ir' : J T-' t:- right, title or interest in or to the Trademark, but all uses -of the Trade mark by OCF shall inure to-the benefit of Unarco. Upon termination of this Agreement, OOF will cease and desist from all use of the Trademark in any way and OCF will at no time adopt or use any word or mark which is likely to be similar to or confusing with the Trademark* ! 6. OCF agrees to notify Unarco of any adverse uses it becomes aware of of marks confusingly similar to the Trademark and agrees to take no action of any kind with respect thereto except by the express written authorization of Unarco* Unarco agrees to hold harmless OCF from any and all loss, damage and expense OCF may incur in connection with any claims or suits made or brought against OCF alleging that its use of the Trademark under this Agreement in the United States infringes in any way' the rights of others. 7 Unless otherwise notified in writing to the contrary, any notice required or. permitted by the terms hereof shall be effectively delivered for all purposes upon deposit in the United States mall postage prepaid, if directed to Unarco properly addressed to it at 332' South .' Michigan Avenue, Chicago, Illinois 50604, Attention Fdward E. Hokin, and if directed to OCF properly addressed to it at Flberglas Tower;, F*0, Box 901, Toledo, Ohio, Attention James J. Young or to such other address or addresses as the parties hereto may from time to time designate in writing. 8* All the terms of this Agreement shall be binding: upon and inure to the benefit of, and be enforceable by, the parties hereto, their successors and assigns. ^- - V 01 029 1833 IN WITNESS WHEKM'F, the parties hereto tiave duly executed this Agreement on the day and year first above written, UNARCO INDUSTRIES, INC. ATTESTt OHEHS-CORNING FIBERGLAS CORPORATION -4 - \ 01 029 1834 211 -- 7 I APRIL, 1946 Industrial Hygiene Digest (Vol.10, No. 4) itelatule Qbshacts MEDICAL ENGINEERING LEGAL -- decisions and trends tIndustrial Health llem Mm+ty By INDUSTRIAL HYGIENE FOUNDATION 4400 FIRTH AVXNUI PnTSBUKQH 13. PA. FOUNDATION FACTS Foundation Fact* > a monthly nw*-iett*r *uo to industrial eonesrns holding memorjn<o m Industrial Hygiene Foundation. The Foundation <* a non-proflt association of industries for the advancement of healthful working condition*. Vol. 3 April, 1246 No. 4 Medical and Engineering Transactions Issued The Transactions covering the Medical and Engineering Section of the Foundation's Tenth Annual Meeting were published and sent to members recently. This notable^ publication contains: A preliminary report by Dr. C.O. Sappington on a field study now in progress on Industrial Health Department Functions; A panel discussion on Accurate Diagnosis of Silicosis, led by Dr. Leroy U. Gardner; ' A report on Accurate Measurement of Silicosis Hazards by Dr. F.R. Holden and other members of the Foundation's staff, and A detailed report by Dr. W.M. Gafafer on the continuing study of. sick absenteeism in which the Foundation has been cooperating with the D.S. Public Health Service since 1940. Use of Aluminum J-n Combating Silicosis The Council on Industrial Health and the Council on Pharmacy and Chemistry of the American Medical Association have issued a report on "Aluminum in the Preven tion and Treatment of Silicosis". This is published in the April 27 issue of the "Journal of the American Medical Association". A copy of the report is contained in the current INDUSTRIAL HIGIENE DIGEST, Measurement of Air Flow A revision of the Preventive Engineering bulletin on Measurement of Air Flow Rate-in Industrial Ventilation has Just been issued to members. The demand for this publication exhausted the original printing. Members desiring additional copies may now secure them. Integration of Health and Safety The Foundation arranged an industrial hygiene program at the Western Pennsylvania Safety Conference held in Pittsburgh late in April. Dr. Dudley A. Irwin of the Aluminum Company and Theodore F. Hatch of the Foundation participated in a joint discussion on "Integration of Industrial Safety, Hygiene And Medicine". News Briefs: Members of the Foundation's staff attended the annual meeting of the Industrial Physicians and Industrial Hygienists held in Chicago recently.............. Dr. Holden presented a paper at the meeting.............. Dr. A.J. Lanza, Chairman of the Foundation's Medical Comittee, was given the Knudsen Award at the conclusion of the sessions. This is presented each year to a physician for outstanding work in indus trial health. I-H-F iNOUST.UL HYOIINC FOUNOATlON 4.00 'IfTM IVlNUl .im*ua~ TABuE OF CONTENTS News Items............................................ Page 1 Dccup*tional Disease Statistics...................................................... 3 Legal Developments............... 4 Book Reviews and Notices...................................... 7 Methods of Detection and Determination....................................... 9 Control Methods................................. 10 Industrial Health Hazards and TheirEffects.............................. 11 Skin Diseases and Bums.................. ....................................... 19 Industrial Medical Practice*............................................................ 21 Industrial Relations, Personnel....................................................... 24 Putting the Disabled Veteran Back toWork.................................. 25 Absenteeism, Hours of Labor, Etc..................................................... 26 Insurance and Medical Economics...................................... 29 Laboratory Toxicological Studies.................. 29 Public Health............................................................................................... 31 Nutrition........................................................................................................ 32 Miscellaneous............................................................................................... 33 Index 34 April, 1946 Vol. X. No. 4. Industrial Hygiene Found-1 4400 Fifth Avenue Pittsburgh 13, Pennsylvani INDUSTRIAL HYGIENE DIGEST Literature and News News Items 318 Penna.. Rpt.ri rtirmfl an_Wonen. and Minora Restrictions on the employment of women and minors in Pennsylvania, relaxed during the war, will again become effective on June 30, according to a recent announcement by the State Industrial Board. It was pointed out by William H. Chesnut, Secretary of Labor and Industry, that "to all practical intents and purposes the war emergency is at an end". -- Pitts burgh Post-Gazette, (April 1, 1946) 319 Saforcement of Smoke Ordinances Poses Sew .Management Problems. Wartime laxities in smoke abatement problems will soon end, if municipal authorities are successful in gaining support for present en forcement plans and expansion of control programs which were postponed by the war. Baltimore, Cleveland, Indianapolis, Louisville and Wilmington, Del., are preparing to enforce pre-war laws on smoke regulation. Los Angeles',-Columhis and Milwaukee are considering similar legislation. Virginia, Minn., has a central steam heating system throughout, and a downtown heating plant in Duluth will probably expand into residential districts. Such systems are more common In Europe. In Cleveland, it is estimated that SO tons of filth is deposited on every square mile of the city each month, causing over $10,000,000 damage per year. (The estimate of sootfall in Pittsburgh is twice that figure.) It has been pointed out that smoke control is also fuel conservation, and threatened coal shor tage .may make more economical use of fuel necessary. -- Anon. Buildings and Building Management, pp. 44-46 (Feb., 1946) Editor1 a Hotet Although not mentioned in the article, Pittstwrgh has had a smoke control ordinance, applying to industries, for a number of years, and extended to domestic consumption since just before the war. It was not enforced during the war. A large share of the credit for Pittsburgh* s legislation, on which many of the others are based, is due to the investigations and campaigns conducted by Dr. H.B. Meller, late Managing Director of the Foundation. St. Louis is also conspicuous among the cities in smoke regulations and their enforcement. 520 Tan Year Index - J.I.H.&T. Plans for publishing a cumulative index for Volumes 18-27 inclusive, 1936 to 1945, are announced by the Editors of the Journal of Industrial Hygiene and Toxicology. Only a few copies will be printed in addition to orders actually in hand at the time of going to press. Orders received Industrial Hygiene Digest - 2a Anrii- 1346 325a Aluminum in the Prevention _and Treatment of Silicosis. The Council on Industrial Health and the Council on Pharmacy and Chem istry of the American Medical Association have authorised publication of the following report on the use of aluminum in the prevention and treatment of silicosis. Since this means of therapy is controlled by patent and can be used only by licensees, studies will be continued by the two councils into this phase of the subjects Further reports will be issued as indi- catedv Carl M, Peterson, M.O. Secretary, Council on Industrial Health Austin E. Smith, M.D. Secretary, Council on Pharmacy and Chemistry The dissemination of reports on the effects of Aluminum powder in the prevention and treatment of silicosis has aroused widespread interest and a demand for an authoritative statement regarding its value* At the present time the following statement would seem to be warranted; it is sub ject, however, to such modification as future knowledge and experience may indicate* 1. In experimental animals the prophylactic use of aluminum inhibits the toxic action of relatively pure quartz* 2. In man, industrial dust exposures often involve mixtures of var ious minerals in addition to quartz and other environmental variables to which experimental animals are not subject. Therefore human silicosis usually develops more slowly and is often modified in type. Only prolonged unbiased observation, with adequate control cases, will demonstrate whether the prophylactic results obtained with animals are applicable to man. 3. Animal experiments have demonstrated that administration of high concentrations of amorphous hydrated alumina unfavorably influences resis tance to tuberculosis. While this result has not yet been reported for metallic aluminum, caution in the application of all aluminum therapy to human beings is recommended* 4. The use of aluminum might appear as an easy short-cut to health ful working conditions, thus saving large expenditures for ventilation and other control methods* Actually there is no substitute for the accepted methods of dast control- 5* If industry indiscriminately treats all employees with aluminum dust, there may be aggravation of tuberculosis or other pulmonary conditions. 6* The therapeutic use of aluminum in man appears to relieve symp toms in a very small number of cases in which silicosis develops rapidly. Experience in some groups is more favorable than in others. 7* In view of these considerations it is recommended that the gen eral application of aluminum therapy in industry be delayed until ade quately and impartially controlled clinical observation demonstrates its effectiveness in preventing or alleviating silicosis in man. In the mean time, there should be no slackening in the control measures that have been found effective in reducing the incidence of dust diseases in industry. -- J.A.M.A., (Apr. 27, 1946) industrial Hvglene-Dlgeat.^3 April. 194fi Occupational Disease Statistics 526 Occupational Disease Statistics. Calif. Jan* Feb* Carbon Monoxide 15 Carbon Tetrachloride 2 Chemical Pneumonitis Conjunctivitis 205 Dermatitis Heat Inflammatory Conditions 991 1 279 Dead Absorption Lead Poisoning 5 Miscellaneous Noise 1 Pneumoconiosis (exclusive of silicosis) Pulmonary and Bronchial 20 Affections Silicosis Skin Diseases (other than dermatitis) Systemic Effects 56 Tuberculosis (due to contact) Typhus Undulant Fever Upper Resptratorv Affwctionn 9 Totals 1564 Conn.2 Bar. 1946 1 9 1 1 Ind.2 Mar. 1946 1 52 2 Mich. ~ Har. 1946 7 10 1 Ohio1 Feb. 19.46 113 4 49 8 T-O-tala 16 2 1 235 1152 1 289 2 10 49 1 10 20 5 9 55 47 22 4 40 22 11 11 9 12 40 27 217 1860 (1) Occupational Disease Claims filed with the Industrial Commission* There were 74,024 days lost, including eight deaths from silicosis and one death from tuberculosis due to contact* (2) Occupational Disease Cases filed with the Health Department. Industrial Hygiene Digest - 5, -- ^Pir,TL 3E fleart Attack as Caiftgq of Death: .Course ;f cma-iynftnt. When an employee died suddenly alter cemg stricken with a severe pain in the region of the heart, it was held that the ae-'i'al evidence supported the contention that the strain of the work an-i the heat were the motivating causes of death, and that the lower court erred in its consideration of said evidence. -- Hemphill -Vx. Xrcaunt. -.under. co ; : :l3;onu fupre.se Court, No. S'7.. 321 February 11, 194o 'I-VH' 7 '' ftC?1 ?IQtlce Accident Given. JlAiU Employee's injury was "ompensaci*# o.-: v: r-.:ic:c;r via 51-^r. oral notice and was not prejudiced by failure to give written r.ooi-*. i^.c cr.e fir.i;f causal relation was sustained. - S&jejA.*- liieas^h.^crAJ- New fork 'Supreme Court,. Appellate Division., Third Departmer-t N--oer i?4o t'CCK) '3 lyjflgfifc?. Cancer: Conflicting Medical Onions When claimant was struck in the breast and hiter devel.'c*: :an.:er, there was a difference of medical opinion as to whether "he blew caused the condition; the court upheld the theory 0: traumatic cancer anu affirmed tne award; Ip re Roth, New Xork Supreme Icurt, Appellate Civ? sim, Third Departments September 19; 1346. CCP.; 334 Inhalation of Chlorine uasi Fgman^t Total _uiaahility. I.ata rUteJLiX * Claim. Appellee while employed by the acreliant as a carpenter was seriously injured when a large quantity of *.hi:r:ns gas escaped fro.i a pipe His throat, bronchial tubes* and bungs were burned wrea he ttinaied the escaped gas, after which he was given aid it a dispensary Ke did net return to work for six weeks* From that time on tee appellee s rvealtr. progressive: / deteriorated but he continued to work for six mere ;. eur? *.t which time he left the employment of the appellant because of peer- h.*-iltu Six years after the accident occurred, appellee filer * o' aim for ovm-;er.3etion, his contention being that he was lulled into a state of 3ei imt-y because of his contingling to work for appellant* kind treewent by a is employer in. giving him lighter work to perform, fenig paid hi3 salary from the date of the injury, and the fact that when ns ceased to work for the apoel- lant be was receiving higher wages than be "-ad wrVre the Ai-'ident. Because the-department super in ten dent wr.c* suppusedi;- * -if led ere apt:a'lee into a state of security did not t.;e authority to toe promise of seeing that the carpenter1 s olaiw was taken care of, wu.'h unsuthorisea action cannot be set up by way of estoppel igner.t reversed and case remanded for an order to be passed :.n conform! y with the ctusion -- Meat Virginia Pulp and Paper Co, v. Morton Maryland Court of Appeals, No.> 55, October Term, 1943, Filed February 6 , 1343. COM) 335 Applicability of Compensation Acti .Dermo onis.Contracted in./.'iaigs.e_.af ftectayaea^ Plaintiff contended that oetause of the employer1 s negligence in failing to remove quantities of spin glass dust from the vicinity of plaintiff-s work, plaintiff contracted dermatitis- Tafeadant's demurrer to plaintiff's complaint was based on the grounds that tne court was without jurisdiction of the subject -?;* the action and that the facts did not constitute a cause of action, -is rhe 1343 amendments to the occupy.' tloncl disease act included wit; -r. . ":o rurpo-i-e a_ 1 occupiti;*!*. diseases, defendant asserted that regardless :f , rrj -isi'iii ty. plaintiff's enuse fell wholly within the conpensr m.-r. v". A.*. n.-.cog/. pl:t.r.iiff -did not Industrial Hygiene Digest - 7 339 Nfttice and Filing Delay: Faulty Medical Diagnosis a.Sufficient Good Cruse. An employee has a right to rely upon the diagnosis of a reputable phy sician and rhen the diagnosis is faulty, the consequent delay in giving notice of and filing claim for workmen5 s compensation is considered suffi ciently good cause. -- Dean v. Safety Casualty_Go. Texas Court of Civil Appeals, Second Supreme Judicial District, No. 14,723. November 9, 1945.. (CCH) Book Reviews and Notices 340 Poisona^-Th*^ Properties. Chemical Identiflcation^Svmptoras^ and Emergency V.J. Brookes and H.N. Alyea. D. Van Nostrand Co., New York. 209 pp. Price $3.00. (1946) This volume differs from the usual textbook on toxicology in its style and arrangement. Originally written for police, investigators, and pence officers, the material should also be of value to physicians, nurses, chem ists and pharmacists* It is written in simple language, ready for rapid, reference, with a minimum of technical details* The first three chapters are general, including definitions and statistics, the fundamentals of ' chemistry of poisons, simple methods of chemical tests, and general proper ties and classification of poisons, with antidotes. A list of antidotes for a kit is suggested. In the next chapter individual poisons are dis cussed in alphabetical order, including identification, symptoms, end treat ment for each. In the next chapter the information is repeated, concisely and in tabular form, with emergency treatment, for quick reference. Indus trial hezards are next treated, first in general tables, then in alphabeti cal order. A short chapter deals with poisonous plants and animals, and the final chapter describee special techniques, including artificial res piration, the gas mask, the inhalator and shock treatment. An appendix consists of a glossary, a list of reagents and tables of measures. 541 Medicine in Industry. B.J. Stern. The Commonwealth Fund, New York. 209 pp* Price $1.50. (1946) The general subjects covered are the social, economic, legal and professional setting within which industrial medicine has progressed, and the development of the scientific knowledge which h*s enabled indus trial physicians to cope with many diseases affected by occupations. The author presents data on the rates of industrial disability and the limited extent of preventive services. Among subjects considered are recent development in health and insurance programs, the problems of the handi capped in industry, and the relationships between the industrial physician and the general practitioner. The conclusion is that although great ad vances have been made in recent years, adequate care for the great mass of workers in the United States is still to be provided, and that indus trial medicine offers a fruitful approach to preventive medicine and pub lic health, one that needs to be skillfully and intensively developed. Industrial Hygiene. Methods of Detection and Determination 545 An Apparatus for Rapid Sampling of Large A*r Voltes for Industrial Air Analyses. L- Silverner. and C.R, Williams. J. Ind. Hyg. & Tex., Z3, . (Jan., 1946) An air sampling apparatus for rapid sampling of particulate met ter large air volumes is described. This device employs a large area filtrati.r. unit constructed rith analytical filter papers. A flowmeter, housing one centrifugal blower are incorporated with the filter units into a compact portable apparatus for use in the field. Sampling rates as high "3 6; -nil. feet per minute are obtainable with high efficiency. -- Authors summary 346 Detecting Radiation Hazards. Anon. J.A.M.A., 15C, 791 (Mar. 25, 1946) A recent release from the University of Rochester reveals oanv hereto fore unpublicized aspects of research connected with the atomic bomb. The medical aspects of the research were organized in ID divisions. Among the most important was the development of methods to protect the employees: of the thousands employed in the plants not a single one was injured by any of the new and peculiar hazards of the work. Animal investigations cn the toxicology and pharmacology of uranium compounds established criteria for tolerance levels. Methods of analyzing the urine of employees were devisee to determine the extent of exposure and be-estim&te the amount of radiation exposure which could be tolerated by human beings. A method of taking iir ger impressions in wax was devised and employed on the workers handling radioactive materials in atomic plants. This permitted the determinate.;r. of when, if at all, employees began to shew changes in the skin as a rer.it of contact with the materials handled. One division studied the blood large groups of animals, completing over IDO,COO analyses. Geneticists studied the effects produced on the offspring of mice and fruit flies which had teen exposed to radiation* Some 277,000 mice and SO million fruit flies were bred and observed: The application of the vast amount cf data gather*:: by the University of Rochester group, of which that cited is only an example, can hardly be predicted, tut the results will certainly be significant ir. the fields of metabolism, cancer, hematology and physical medicine. 5-17 Benzene Poisoning. Preventive Measures and Relation between Atmospheric Pollution and_Preouencv and Gravity of Intoxication. Avy, Vallauri and Fck Arch, ttalad. Professiomelles, J3, 199*212 (1944*1945) (French) A study was made of atmospheric benzene concentrations and of bicod findings in several industries, with an attempt to correlate them. In estimating the extent of blood damage, a coefficient was estimated *0? each workers "0" for "dangerous" conditions, RBC under 3.5 million, WBC ^ under 4,000 and polymorphs, SQ%; "2" for "normal" conditions, RBC tinder v 4 millions, WBC over 5,COO and polymorph3, 60$; snd "1", "to be watched", with values intermediate between the above. The average for workroom was calculated by dividing the sum by the number of workers and multiplying by 100. Thus a perfect score, or all normal blood, would be 200, and entirely dangerous conditions 0* Benzene concentrations were determined by the formalin sulfuric acid method. Summarized reports on the industries or--* as follows: (1) Waterproof industry. Large and airy rooms, but little special ventilation. Benzene 0.1*1.1 g. per cu. m. Workroom coefficient Industrial- gne Digest - 11 ApjII. 19*p 549 Makeshift Mine Ventilation. E. Smith. Safety Eng., .21, 55-54 (Mar., 1946) Ventilation of idle mines is rarely given any attention, and such mines, if air passages are at all blocked, must be ventilated before they can be worked safely. Air from a compressor is satisfactory if uncontamiiv?ted tut sometimes the engine stench is evident in a noticeable degree. A fan may cause recirculation of the mine air if too near the entrance. In one case the recirculation of blackdanp was sufficient to stop the engine. A gasoline engine may constitute a fire hazard. Several cases of makeshift ventilation, none of them successful, are reported. For instance in one case tin paddles were attached to a wheel of a bicycle to convert it into a fan* As an air moved it proved to be still a pretty good bicycle. Other improvised blov.-ers provea to be dangerous. Stove ventilation has been used in rmell mines, using the draft of a stove at the surface to cause a slight circulation in the mine. It is only effective as long *s the fire burns, and fatalities have resulted from such an arrangement rher. the fire went out. Puzzling appearance and disappearance of blackdarap from certain parts of a mine is caused by changes in barometric pressure. The gas expands out of unused parts of the mine under reduced pressure and contracts beck into those parts under increased pressure. .A Mine Safety Order does not permit men to work when the oxygen content of the air is under 19.556 by volume (dry basis), but a deficiency is difficult to determine, as safety lamps still bum brightly at that percentage. ^ 550 ^strong Cork Takes Dust for a Ride. Occ. Hazards, pp. 18-20 , 30-31 - (Mar., 1946) The Armstrong Cork Company describes the precautions taken against fire hazards from dust. These include an airtight dust collector system which keeps dust under control at all stages from cutting to final grind ing, with frequent insertions of screw conveyors which act as baffles to stop any fires rigid fire precautions with automatic sprinklers, portable fire extinguishers and fire doors; exhaust ventilation with explosion type emergency vents; and workers constantly on the alert to clean up at once any escaped dust. Industrial Health Hazards and Their Effects 551 Silicosis* Clinical Study. H. Dayman. Am. Hev. Tuberc., 52, 44S-462 (Dec., 1945) Dayman reports observations on 116 patients with silicosis, 33 of whom came to necropsy. Thirty of the 116 patients who did not present evidence of clinical tuberculosis are divided into two groups; those with simple nodular silicosis (15 cases) and those with simple conglom erate silicosis (15 cases). The majority of the 15 patients with simple nodular silicosis were free of symptoms. A few noted slight dyspnea on exercise. The diagnosis was established solely on a history of prolonged exposure to silica dust and the minute, widely distributed shadows in the roentgenogram. The patients with simple conglomerate silicosis exhibited symptoms and signs of pulmonary emphysema. Dyspnea was often the sole outstanding complaint. In seven of the 15 cases massive shadows were situated symmetrically in either lung field at the hilar level, while in Industrial Hygiene Digest April. 355 Casualties_Following Exposure, to Zinc_Chlori_ia .Smoke* E.H. Evans* Lancet, 249, 363-570 (1945) Ten deaths and 25 instances of non-fatal injury occurred among 70 par sons exposed in a tunnel to sine chloride fumes resulting from the burning of a smoke generator 39 yards from the entrance. The generator contained hexachloroethane and zinc oxide, with small quantities of calcium siliciie and an igniter composition; the smoke consisted mainly of finely particu late zinc-chloride together with carbon and carbon dioxide* Near the gen erators, the zinc chloride smoke concentration was estimated at 0.5 lb. per cu, yard. The main effects were damage to the mucous membrane of the naso pharynx and respiratory tract, and a pale gray cyanosis that did not res pond to venesection nor readily to oxygen. Morphine was useful in allaving restlessness and anxiety* -- C.A* 356 Poisoning from_an Encaustic Containing Lend Tetraethyl. Semimicro Deter mination. of Lead_Tetraethvl in Gasoline* G. Schuster. Ann. chim. anal., 25. 55-56 (1943) (French) The term encaustic signifies a vehicle for painting in which wax is the chief ingredient. A case is described here of poisoning of a French artisan who handled a product containing lead tetraethyl. His symptoms are described and the quantities of lead found in the urine at different times are given* These analyses were made by determinations with hydrogen sulfide or with dithizone." Tor the rapid determination of lead in gaso line the following procedure is recommended: Take 20 ml. of sample, add 2 ml. of concentrated nitric acid snd heat a few minutes. Pour off the acid and treat the gasoline three times more with 1-ml, portions of con centrated nitric acid. To the entire acid solution, add cautiously 2 mi. of concentrated sulphuric acid and boil gently for a few minutes. Cool, add 5 ml, of a saturated aqueous solution of ammonium tartrate, 1 ml. of 10# ammonium acetate solution.,, .and 15 ml. of water. Saturate the solu tion -'dth hydrogen sulfide or add some sodium bisulfide solution. Compare the brown color produced by the lead sulfide with that obtained with the known quantities of lead. -- C.A. . 357 Detection of Porphyrinuria In Lead Poisoning. Scheln. Arbeitsschutz, pp. 336-539 (1943) (German) The normal person eliminates in the urine up to 6 gamma % perphyrin. In lead workers values up to 15 gamma % are still normal, higher figures up to 50 gamma are significant for lead damage. -- C.A. 358 ?temorandua on Welding Processes and Their Hazards. Leeds Joint Cornell on Industrial Medicine. (1945) This Memorandum describes the various welding processes and their hazards, including shock, explosion, radiation effects, burns, eye injuries, the various metal fumes, heat effects end anoxemia. Precautions recom mended include use of direct current under 60 volts, general and localized exhaust ventilation, and protective clothing, especially leather gloves. Regarding gloves, "a better material than leather is required but has not yet been discovered." 359 Formaldehyde,__ Controlling Chemical Hazards. Series _3. U.S. Dept. Labor, Div. of Labor Standards. 12 pp. (1945) For sale by Supt. of Documents, Washington 25, D.C. Price 5 cents. This pamphlet is one of a series on common chemical hazards, and con tains basic inforaation on uses, properties and hazards. Figures on phy siological response, tabulated from several sources, include: permissible Industrial Hygiene Digest - 15 Aari those of Large capacity producing the highest concentrations. Contrasting tests obtained at shrinking operations in large, ventilated spaces showed that the resulting concentrations of oxides of nitrogen were noticeably less, although in some instances still excessive. Several tests for carbon moncxite failed to indicate the presence of any health hazard from this gas even in confined, unventilated spaces. -- Author's conclusions. 7C-~ Tpnnsit.orv Ar.enia in Benzene Workers. D. Picard, J. Bourret and Mile. 7..M, Peiliard. Arch. Mal.id. Profesionnelles, <6, 137-142 (1344-1345) (French; The authors insist that the present hematological criteria of early benzene poisoning must be adapted to a new and lower level, influenced by present conditions of diet and mode of living. They have observed, during a repeated examination of series of woncers exposed to benzene, the fairly frequent occurrence of anemia, which is transitory, easily curable ever, without cessation of exposure, and which differs from true ben-one anemia chiefly in the absence of leucopenia or even any considerable nwu*ropeniaThis transitory anemia is characterized by a low red cell count with a fairly high hemoglobin value so that the color index is usually above 1. The authors believe that it is not a manifestation of a specific benzene effect, but of an instability of the hemopoietic system, due possibly to the interaction of the two factors, benzene exposure and alimentary inade quacy. They agreed that systematic blood examinations of benzene workers are valuable in revealing latent blood disturbance, and are more than ever necessary in order to discriminate between workers who must be re- . moved from exposure and those whose transitory anemia makes this unneces sary, but state that they cannot be used to distinguish susceptible indi viduals and that they may give rise to a false sense of security. -- Bull. Hyg. 4 Carbon Tetrachloride.__ A Report on Its Use in Broaching Operations. R.H. Avery and L, Davis. Nat. Safety News, .53, 89, 138-140 (Oct., 134?) Broaching is a method comoniy used in machine shops Tor the fin ishing of square, rectangular or irregular 3haped holes. It requires the generous use of cutting oils. In the authors' paper, air samples were taken when the cutting oil was diluted with 10$ carbon tetrachlor ide and again with 15$. In the former case, air samples showed a maxi mum concentration of 44 ppm and an average of 22. With the use of 15$ carbon tetrachloride, air concentrations rose to 71 ppra. with a peak value of 104. The 15$ material also resulted in complaints by the workers. The authors recommended the use of the 10$ mixture, but if higher concentrations are found necessary, special ventilation should be installed. -- J.I.H.&T. 365 Toxic Amblyopia .After Inhalation of Methyl Acetate. A. Lund. Ugeskrift. Laeger, 106# 308-311 (1944) (Scandinavian) An old man who was exposed to methyl acetate vapors developed general depression, headaches, end dizziness followed by blindness of both eyes caused by atrophy of the optic nerve. Possibly either meth anol or formaldehyde is forced from methyl acetate in the organism. -- C.A. Pathology aCJtethvl Bromide Poisoning. M. Duvoir end L. Derobert. Arch, Malad. Professionneiles, 3, 143-154 (1944-1345) (French) A description is given of the post-mortem findings in the two fatal cases of methyl bromide poisoning described by Michaux and otilers. Compared to a case recorded by the ruthors in 1937 the two ustrlal Hygiene Digest -.17 April a rtndiea on Bends. H.L. Motley, H.I. Chine end F.A. Odell. J. Aviation Med., 16, 210-2:54 (Aug., 1945) A detail*'! statistical study of acre than 9,50C coses of bonds. Suscsytibility to bends increases with age, body weight, height, obesity ("eight divided by height). Bends occurred in Negroes less than in Amer.'ccn ''niirs, oni ir. the French less lh*r in Megroes. Fift*' per cent of cases n'tre. relieved ry an increase in pressure of ICO mr.. of mercury; 30 per ccot, by an increase of 130 m. of mercury. At higher altitudes, greater inorc-.o*n pressure Tore necessary* to relieve symptoms. Pain wss most frequent i..: the shoulders, least in the fingers and feet. Recurrence of bends ir. * yrti ruler part of the body was more frequent than could be expected on On* basis of random chance. Significance of the data is discussed. -- J.IVT. An rental Investigation of the Effect of Change in Atmospheric tinns rnd Noise Upon PerfQrr.an.cg. M.S. Viteles and K.R. Smith. Heat., Fir ing and Air Cond., 13, 107-112 (Mar., 1946) The following tentative conclusions may be drrwn from a consideration of the results: (i) The findings suggest that there is no need to providfecuirmer.t for the reduction of effective temperatures below the SO deg level where tasks of the type included in this investigation are to be per formed, "These tasks are roughtly analogous to operations carried on by personnel in the plotting and charting rooms of Navel vessels." There is some evidence thAt it may be undesirable to do this type of work at effec tive temperatures as high as 37 deg but further investigation, within this range of approximately* 37 deg to 34 deg is required to `determine more exactly the critical level of temperature. (?) The evidence suggests th*-'i it is unnecessary to undertake considerable expenditure of funds to red:, .o the noise involved ir. the cooling and circulation of air, at least if cur., noise does not rise above the 30 decibel level. In general it would a:\ that the effect of high temperature on performance is much more adverse than that of high level of noises of the type reproduced in this expert*:* r.t. -- From. Authors* summary and conclusions. Toxic Effects of 2.2 bis fp-Chlcrphenvll_l.lrl-Trlchlorothane (DDT) ir. R.A.M. Case. Brit. Med. <7., 2, 342-344 (Dec. 15, 1915) The only case of human intoxication by DDT previously reported -*s tv ^ifglesworth (Abst. 1243, Dec., 1345). An investigation was made or. two mar. to determine the possible toxic effect of the use of a distemper con taining 2$ by weight of the dry film of DDT in circumstances where the paint would be covered with a thin film of oil. The ambient temperature would be such that personnel at risk would be largely unclothed, their skin would be oily and sweaty, because of cramped accommodations. Large areas of oily skin would come in contact with the paint and efficient washing of the body could take place only at relatively infrequent inter vals. After exposure the symptoms included changes in reflexes and ir. auditory acuity, petchy peripheral anesthesia, tremor, fall in systolic pressure, and hematologic changes. It is emphasized that DDT may be a hr.zr,rc to human beings but not in the amounts comr.only used. -- J.A.oI.A. iot&L Case of DDT Poisoning in Child, with Account of Two Accidental Deaths in Dogs. K.R. Hill and G. Robir.scn* Brit. T. Med., 2, 345-5':$ (Dec. 15, 1243) A case is reported in which e chib', aged one year and seven none. 2 Trr.k about one ounce of 555 DDT in kerosene. Ir. 10 minutes he began t; cough and vomit, then became conntonc arc! had convulsions. Death wet . Industrial Hvgiene_Dlgest - 19 April. 1045 Skin Diseases and Bums 377 Rubber Products aS-Wideapread Causa of EffgpmAi Report of 30 Cases, P, Bonnevie and P.V. Marcusen. Acta-Dermato-Venereologica, 25, 163 (Sept., 1944) ^Swedish) A systematic investigation at the department of dermatology of the Finsen Institute, Copenhagen, showed that eczema caused by rubber is of rather widespread occurrence and not confined to certain occupations as previously supposed. Of the 80 reported cases, representing about 2 per cent of the cases of hypersensitivity eczema, only 25 were occupational. Rubber footwear and articles of clothing were the dominating causes of the eczema (about 74 per cent). Eruptions on the feet caused by rubber were in most cases difficult to differentiate from mycotic eczema. Etiologi cally the rubber itself was subordinate in relation to the accelerator agents used in manufacture. Of these mercaptobenzothiazole was the most frequent cause of sensitization. The prophylaxis of rubber eczema is sometimes difficult on account of the widespread use of rubber, its indis pensability in certain garments and the penetration of the accelerator * agents. Cold-vulcanized rubber can often be tolerated in cases in which there is only accelerator hypersensitivity. -- J.A.M.A. 378 A Skin Eruption Due, to M^te^Infeatad Tobacco. I. Rokstad. Nordisk Med., 27. 1545-1548 (1945) (Norwegian) Twelve women working in a Norwegian tobacco factory developed an itching red papular eruption; in one case it covered face, neck, thorax and flexor aspect of arms, while in the remaining cases it was limited to the face and neck or between the fingers. The work, which was very dusty, consisted of emptying cases of tobacco spoilt during storage. The erup tion appeared on the first day of exposure to the dust, and passed off from two to seven days after the work was discontinued. The general clini cal picture resembled a previous outbreak which had been traced to figs infested with mites, and examination of samples of the spoilt tobacco showed that it contained mites in large numbers. When mites were rubbed into the skin of 22 subjects (eight cases of eruption and 14 normal per sons) a red papular eruption appeared after 48 to 72 hours in seven of them (three eruption cases and four normal subjects). The author was able to show that the eruption was not due to sensitivity to tobacco, but was probably due to some unknown toxic substance in the mites. It was not possible to identify the mites; two kinds were present in the tobacco, -- Bull. Hyg. 373 Dermatitis Among Workers Employed In the Citrus By-Product Industry. M. Seidoann. Rarefuah (Jerusalem), 29, 125-128 (Sept. 16, 1945) (Hebrew) "Dermatitis among workers employed in the citrus by-product industry is studied. Factories and groves were visited. Patch tests were performed and 40 cases were under clinical observation for about two years. The fol lowing observations were made: ( Crude citrus oil is a primary irritant. Diluted solutions, as used in in3ustrial manipulations, cause dermatitis among sensitive persons. The clinical picture is of a recurrent dermrtitle on the hands and arms with acute, subacute, and eczematous symptoms. De vices were proposed to protect workers.Bull. Hyg. Industrial Hygiene. Digest Anrii*. 1-346 bums, the results from this material in the third degree and "second degree spot" burns indicate a soothing effect of *r. ointment, reduced infection, decreased fluid loss, and accelerated repair. Wider trial is desired for this material* -- J.I.Hi&T, 33 5 The Treatment of Eve Bum .^th^Aihi^d. A*Z. Goldenberg, Viestnik Oft-, 23, 42 (1344) (r.usoian) Very encouraging results are reported from use of a 30 per cent Albucid ointment in 45 cases (half of them severe) including chemical and thermal bums and one due to an explosion --Am J Ophth- 336 A Case of Burns Associated with Bilateral Retinitis, A-L, Newson and K.3. Armstrong* Med. J.. Australia, 1, 459 (May 5, 1945) A soldier received an extensive second-degree bum by accidental Igni tion of low-octane gas. Toxemic symptoms developed on the second and third days. On the second day of illness the patient complained of blurred vision, and this persisted. When trie vision was tested two weeks later he could count with each eye merely fingers at four feet distance. In each eye the macula was surrounded by a large white area somewhat similar to that seen in malignant hypertension In the center of the area was a dullred spot. Five to six snaller patches were scattered over the posterior portion of each fundus, but or.iy one snail hemorrhage was seen. A month . later vision had improved to 6/36 in each eye. The peripheral patches had been largely absorbed and those around the macula were in course of absorp tion. -- Am. J. Ophth* 337 Cleansing of Oil-Covered Skin and -Bums, .* Schwartz and H*S. Mason. Arch. Surg., 51, 55-53 (July-Aug*, 1345) \ In this investigation the cleansing of oil-covered skin and bums, 165 surface-active agents manufactured in the United States and commer cially available were systematically studied- ( Some 350 mixtures of single surface-active agents in combination with both light and heavy liquid petrolatum (purified mineral oil) were the subjects of approximately 700 tests of comparative activity in removing heavy fuel oil and tar from the skin. The test oils employed were heavy and light fuel oils* \Three mix tures of surface-active agents were found capable of completely removing heavy fuel oil without ostensible mechanical action in the course of three fifteen minute applications on surgical gauze tut were also found to have poor detergency* Dioctyl sodium sulfosucoinate in 10 per cent light liquid petrolatum solution had good detergency and high activity as an oil remover in dressing fornj -- Authors' summarys Industrial Medi:al Practise 388 The Relationship Between the Industrial Physician and the Community Prac titioner. C. Leggo. Ind. Med., 15. 137-188 (Mar., 1946) Nine situations are described wnere the plant physician should be expected to initiate the referral to community physician; such cases in clude certain types of surgery, tuberculosis, heart conditions, syphilis, eye or dental defects, communicable iiseasec, and others* On the other Industrial Hygiene Digest - 25 April? and the tibialis posterior as the cause. Physical findings nd X-ray serve to diagnose the condition. In the army, patients were kept three weeks at bed rest without a cast and then returned to duty after a 2-4 week recondi tioning program. Approximately 99^ of the patients made a good recovery without residual symptoms. -- J.I.H.&T. 392 A Medical Service Plan Suitable for Chemical Industry - In "Current Develop ments in Plant Management.," W. von Pechmann. Ind. and Eng. Chem,, 58. 87-38 (Mar,, 1946) The "Bloom plan", from its experimental stage in 1929 to a full-grown industrial service in 1945 was developed in the Ansco Division of the General Aniline and Film Corporation. For the first four years a group of physicians was selected to provide the necessary medical service under contract but in 1933 it was reorganised to permit employees to choose their own physicians, which plan was tar more successful. Since family physicians could be retained, all practitioners had a stake in the success of the enterprise, and all were assured of their pay. The fees are $1.20 a month and the company pays 754 tor each member. Benefits include teeth extraction. X-ray, laboratory, and sickness insurance for hospitalisation. Wives and dependent children under 13 pay $1.50 a month and are entitled to operation, hospitalization for 30 days a year at $2.00 a day, care of fractures, and maternity care. The great advantage of the "Bloom plan" s that it can readily be adapted for any kind of industry and the cost can be set at a figure to ensure success. Also, in cooperation with the medi cal society, this type of service can be provided to industrial workers on the basis of freedom of choice of physicians. 395 The Conner Ionization Treatment of Fungous Infections. W.J. Lahey and J.E. Bums. Naval Med. Bull., ^6, 554-557 (Apr., 1946) This report covers 164 cases over a period of six months. (1) Our experience indicates that the copper ionization bath is a safe and valu able method of treatment of fungous infection of the types described. (2) An appreciable number of cases shows persistent scaling or fissuring of the skin despite disappearance of all acute signs. These require the supplementary use of keratolytic agents to complete the healing process. (5) The method possesses certain advantages over the usual forms of therapy. Chronic cases are generally benefited. The vexing problem of "overtreetment" is by-passed. The procedure is simple end uniform in its application. The apparatus necessary is easily constructed from scrap material and requires little servicing. The over-all cost of treatment is minimal. These factors are of particular significance in military medi cine. -- Authors' conclusions, -- 594 Epidemic Keratoconjunctivitis.__ Clinical Aspects and Successful Treatment. 0. Glantz. Klin M. f. Augenh., 106. 561-571 (Hay., 1941) (German) A report about 312 cases of epidemic keratoconjunctivitis treated in Glantz*s practice during 1938-1940. The majority (190) were spontaneous and of undetermined etiology. The rest occurred after: removal of corneal foreign bodies, other corneal lesions, chanicsl burns, lid abscesses, and removal of chalazion or lime concretion or pterygium. The main treatment was with optochin hydrochloride 1 per cent solution, which the author re gards as a specific for the condition. The average duration was seven days. -- Am. J. Ophth. industrial Hygiene Digest.- 25 APTil. 398 The One^-ed Worker. J. Minton. Brit. J. Ophth., 29, 472-476 (Sept., 1945) One-eyed people fall into two groups: (1) those who have been without one eye since childhood and (2) those who have loot the vision of one eye as the result of injury or sickness. The first group are not handicapped. In the second group the degree of depth perception acquired depends on (1) in telligence and experience; (2) age - young workmen adjust more quicklv; (3) sex - women adjust more slowly; (4) the loss of the dominant or caster eye produces greater disability. Factors in the length of the period of absence from work are: fear, compensation and litigation difficulties, end unwillingness of certain firms to employ one-eyed workers. The safety of the good eye should be the first consideration in the employment of these rorkers. -- From J.I.H.&T. 399 Teamwork for Industrial Health. J.J. Bloomfield. Am. 1. Pub. Health, 36, 261-268 (Mar., 1946) We have learned that we must bring the benefits of modem medicine and hygiene to industrial workers and to provide a safe and healthful en- vironment, adequate medical and nursing service, preplacement and periodic health examinations, general health education, proper feeding facilities, and essential welfare services. Curing the war we accomplished ouch which seemed impossible. For example, in 1945, there were only three deaths from TKT poisoning among approximately 100,000 employees engaged in TNT opera tions; in World War I there were 230 deaths for every billion pounds of explosives manufactured as compared with only five deaths during this war. Assistance in developing such medical services is available in our commu nities but in order to have a well coordinated program, all of the people, not only employers and employees, must take an active part. We have the brains, the man power and natural resources to build the healthiest nation in the world. -- From Author's summary. 400 Three-Cornered Cooperation - How the Safety^ Medical and Personnel Divi sions Fit into the Industrial Picture. J.S. Felton. Nat. Safety News, pp. 26-27, 102,106 (Feb., 1946) For the successful operation of any industrial health scheme there must be unified cooperation among all departments and each member of the operating staff must follow certain basic principles such as knowing his workers, going into the shops and understanding oil phases of the work and working conditions, learning and using the workers* vocabulary, and avoiding a "superior" attitude. Likewise, all plant agencies should cooperate with other medical, employment and social service organizations of the community. ^ Putting the Disabled Veteran Back to Work 401 A Discuasion of the Psvchlatric^Asnegts of Rehabilitation. <T.E. Finesinger and E. Lindemann. Dis. Nerv. System, .6, 149-155 (May,1945) The role of the psychiatrist in helping veterans to readjust to civ ilian life is discussed. Psychological factors which enter into the problen are the effect of army life changes in home setting, and readjustment TnAiat.TH.aI Hygiene Digest - 27 . APrfl. 194fi activities and indicates restrictions as to working conditions. Space is provided on each form for brief explanatory remarks. The forms are accom plished independently by trained personnel. The problem then becomes merely one of fitting the individual to the job, and in this respect those with physical abnormalities are considered on the same basis as those without. A large part of the pamphlet is devoted to the description of specific phy sical disabilities end their evaluations which wil^ prove of great value in standardising physical appraisal. -- J.I.H.&T. 1 406 The Physically Imoaired-Sorker in Industry, R.L. Brown and R.L.C. Butsch. Ind. Med., 15, 188-192 (Mar., 1946) Emphasis in this paper is placed on a simple, workable formula for the analysis of the physical requirements of jobs. It describes the method of examining, limiting and coding physically impaired workers by the use of tabulating cards. The results of a study of 1,757 physically impaired indi viduals hired at a large aircraft plant during the year 1944 are presented. It is concluded that with proper placement the physically impaired worker is an asset and not a liability in industry. -- From Authors1 summary. 407 The Present and Future Effects of War Neurosea. C.C. Burlingame. J. Nerv. and Ment. Dis., 101. 429-453 (May, 1945) Besides a large number of neurotica among service men, there is another large group among workers who are faced with new strange problems concerning their jobs, their domestic affairs, and their social relationships. There are too mahy of these cases for psychiatrists to handle on a personal and individual basis. Psychiatrists must work through social organisations especially industrial management and labor groups. The author believes that proper adjustment to a job is a cardinal factor in rehabilitation, and that therefore, supervisory personnel and foremen should receive particular training from psychiatrists. -- J.I.H.&T. 408 Physical Capacity for Work. V.K. Harvey and S.P. Luongo. Occ. Med., 1, 1-47 (Jan., 1946) Examination of a human being to find what work be is fit for involves knowledge of a method not yet possessed by medical science, namely, a method of estimating reserve compensation. Present technics of measuring job requirements and physical capacities are only reasonable guides. They have value only as guides since there is a substantial margin of error both in the determination of the requirements of the job and in the physi cal evaluation and selective placement of the applicant. In the final analysis, regardless of what systems of job analysis and of evaluation of working capacity are used, the two most important factors in estimating physical capacity for work is the diagnostic acumen of the examining phy sician and his knowledge of industrial conditions. In this connection, the future of the physically impaired in government or private industry will be as good as the type of preventive industrial medical service which management is willing to provide. The future of industrial medicine is closely allied to 11human engineering* in the promotion of individual phy sical and mental hygiene, nutritional guidance, physical training and con trol of fatigue and in the aiding of management in the selection of em ployees for specific types of work. In this connection, periodic reexam ination of employees and jobs probably should be mandatory, especially in the case of the physically impaired. The "must" in dealing with the applicant for work who presents an impairment, whether he is a veteran or a non-veteran, is to give him a fair chance to make good under his own Industrial Hygiene Dieeat29 April" Insurance and Medical Economics 411 Occupational Dermatoses: Disability and Compensation. C.G, Lane, New Eng, J. Med., 233, 711-715 (Dec, 13, 1945) Data on compensation paid during disability due to occupational derma toses, medical expenses, amount of wages lost, and duration of disabilityare presented. Although incomplete, the figures show a steady rise in the incidence of dermatoses adjudged compensable, and falls In the average num ber of days lost, average indemnity, and average cost of medical care. More adequate data on these points are greatly to be desired; adoption of uniform criteria for compensable occupational dermatosis is also desirable. The criteria published in 1942 by the National Committee on Occupational Dermatoses are to be recommended for this purpose. -- J.I.H.&T. | Laboratory Toxicological Studies 412 Toxicology of 1.2-Dichioropropane (Propylene Dlchlorlde). I, Studies on Effects of Daily Inhalations, L.A.Heppel, P.A. Neal, 8. Highman and V.T. Porterfield, J, Ind. Hyg* and Tox., 28, 1-8 (Jan., 1946) !Various species of animals received simultaneous inhalation exposures to lJS^Hichloropropane. Many deaths occurred among rats, guinea pigs and rabbits receiving less than eight exposures to 2200 ppm. At a concentra tion of 1000 ppm, deaths occurred among dogs after 24 exposures, among guinea pigs after 22 exposures and among rats after as few as seven expo sures. Some of the animals survived over 100 exposures. The animals were exposed seven hours daily and nearly always five days a week. Ani mals dying after less than 12 exposures often showed marked visceral con gestion, fatty degeneration of the liver, kidney and less frequently the heart, and areas of coagulation necrosis in the llver^ The adrenal cor tex showed marked lipoid depletion in several rats and extensive necrosis In the guinea pigs. 1 In general, except for marked splenic hemosiderosis particularly noted in rets and subcortical fibrosis of the adrenal in guinea pigs, animals killed after 35 or more exposures shoved no signi ficant or occasional minimal lesions. Hematological studies of dogs and rabbits revealed no abnormalities. The liver was not damaged to any extent. Determinations of the concentration of dlchloropropane in the blood of exposed rabbits and dogs were made. Exposed rats, mice, and guinea pigs excreted a substance in the urine that produced a red color when the urine was dried on wood shavings. -- From Authors' summary. 415 Degeneration of the Basal Ganglia in Monkeys frog Chronic Carbon Disul fide Poisoning.. R. Richter. J. Neuropath, and Exper. Neurology, 4, 524-353 (Oct., 1345) (l)(__Four monkeys (Macaca mulatta) were chronically poisoned with carbon disulfide by exposing them to inhalation of the vapor for periods of from 12 to 21 months, when marked symptoms of intoxication appeared. 1 Industrial Hygiene Digest - 21 April. 1*46 cortex respiration* Liver respiration is stimulated in subcutaneous and re duced in peritoneal administration. The absence of effect on the cerebral cortex respiration, while the respiration of the muscle tissue of the dia phragm is reduced, would suggest that the hypothermia of arsenic poisoning is influenced more by a decreased rate of energy metabolism of the indivi dual tissues than by a direct effect on the temperature regulating center in the central nervous system. -- Authors' summary. Public Health 418 Britain* s National Health Act. Editorial. J.A.M.A.,.130, 358-859 (Mar. 30, 1946) The proposal for the nationalization of medical services in Great Britain is condemned by the writer as "one of the most backward steps ever conceived for a civilised nation"- and a proposal "to enslave its own medi cal profession" to the "whims of hireaucrats" and the encumbrances of red tape. Further fear is expressed that standardisation will rob the medical profession of its scope for individuality and will halt the tremendous advances that have been made in scientific medicine. The proposal that the government take over the private hospitals is deplorable, as it would remove the spiritual motive in the care of the sick. Hope is expressed that the long debate in the British parliament, which is Inevitable, "will develop some means for retaining in Great Britain the spirit and the tradition that have earned for British medicine up to now the respect of scientists throughout the world", 419 Water-Borne Outbreak of Gastroenteritis in an Industry, L. Louis. Monthly Bull. Ind. State Board of Health, ^9, 55, 43 (Feb., 1946) An outbreak of water-borne gastroenteritis occurred in January, 1946 in an industry in a small town in north-central Indiana. Approxi mately 30 out of 100 employees were affected. . There were three sources of water supply, with cross connections, end the cause of the epidemic was traced to failure to close the proper valves when changing the source of some of the water supply. | The water was later purified by thorough flushing, and the cross-connections will be eliminated in accordance with State regulations. 420 India and Ita Likely Effect on Tuberculoais Problems. P.K. Sen. Indian Med. Gaz., 80, 55-41 (Jan., 1945) Concern is expressed that the imminent large-scale industrialization of India and the employment of workers from rural areas may be attended by a heavy toll of tuberculosis. Control of new entrants is given as the key point. Placements or rejections should be made on the basis of tuberculin tests. Crowded living conditions, feeling of insecurity on the part of the workers, and insufficient wages are problems to be dealt with by the Planning Coasaittee. -- From Bull. Hyg. Industrial Hygiene Digest - 53 programs* Centralized control and complete standardization were established for all *ar industries. A hot meal, which conformed to the best nutritional principles was served in 20 minutes on all three shifts at a cost which the worker could afford. In addition to these cafeterias, the government gave encouragement and advice to employers in private industry to establish cafe terias which would carry on beyond the war period. These works cafeterias are considered a better means of nutrition education than propaganda. -- Fro-?. Can. Med. Assoc. Miscellaneous 425 Psychological..and Psychiatric Reactions in Diving and in Submarine Jarfare. A.Rr*Behncke. Am. J. Psychiat., 101. 720-725 (May, 1345) The author describes certain objective measures, outside of physio logical and psychoaotor tests, which have proved useful in the selection of submarine personnel. These measures include the darkened hood, con finement in a sealed chamber, and subjection to anoxia and nitrogen nar-' costs. The first two are tests for claustrophobia, and anoxia and expo sure to nitrogen under pressure bring to ligit any undesirable emotionalreaction. The author stresses the importance of prevention of psycholo gical-failure fir auiTnair- individuals asr*the result of extreme fatigue. Apart from the matter of proper rest, the individual can be aided by knowledge end insight as to the nature of normal reaction to stress. 426 Amenities in Wag Time Factories. Australia Dept, of Labor ond National Service, Ind. Welfare Division. Bull. No. 5. 32 pp. (1945) "Amenities" is used to cover those parts of the factory that are necessary for the accommodation of employees -- toilets, wash rooms, change-rooms, mess room and provision for first aid. The standards des cribed?'Wre broadly-^orrsistent with requirements contained in regulations applying to industrial premises, such as those of State Factories and Shop Acts and local government ordinances and by-laws. The descriptions of installations in the various amenities rooms.are accompanied by pho tographs and diagrams. * 427 Let There be Light.- at Least Enough for Reading in Libraries. R.M. Stecher. Bull. Med. Library Assoc., 33. 220-230 (Apr., 1945) Considerable improvement is desirable and possible in the condi tions'' of artlfi'cfaT lighting commonly found in libraries. Generally diffused lighting is recommended, with a level of illumination at least as high as 25 foot candles, where continuous reading or study may be carried on for periods of an hour or more. For the study of poorly printed material, old manuscripts, fine or unfamiliar writing or print ing, as well as sustained reading for several hours, and for the use of people with impaired vision, the general level of illumination should be increased, or supplementary lighting should be employed. * i OWenS'Cornmg Fibergfas Corporation r( r 1991 Annua/ Report OWENS/CORNING Fiberglas DEFENDANTS EXHIBIT V Tabig of Contents 1 Financial Highlights 2 Latter To Stockholder* 4 Business Overview 6 Construction Products 10 Industrial Materials 14 Management's Discussion and Analysis 18 Flve*Year Summary 19 Financial Statements 24 Cash Flow 42 Directors and Officers 44 Genera! Information Owens-Coming serves a broad range of industries as the world's leading manufacturer of fiber glass materials and a major producer of polyester resins. The Company's Two Lines of Business Construction Products -- insulation and roofing. Sold for new residential and commercial construction, home repair and remodeling, commercial renovation. mobile home production and appliances. The company also produces corrosionresistant underground petroleum storage tanks. Industrial Materials -- reinforcements, yams and resins. Used as substitutes for traditional materials such as steel, wood and aluminum for design and performance advantages. The Properties of Fiber Class * Owens-Coming s products are manufactured in two basic forms: - Wool-like material used for thermal and acoustical insulation and other construction products. - Textile filaments combined into strands, yams or mats and used for reinforcing plastic, rubber and paper products and for weaving industrial fabrics. Glass in fiber form combines properties not found in any other material, including: - Dimensional stability -- will not expand or contract as temperatures change. - Chemically inert -- will not rust or decay. - Fire resistant. - Strength -- pound for pound, glass fiber reinforcements have six times the tensile strength ofsteel. The color "Pink "is a trademark ofOwens-CormngFibergtas Corporation. The words Fibergias* Classic.* Oahridge.* SpaceSaver;* SSL U* AtryL1 Bi-Ply.* PermaPlv* and PermaStop* are registered trademarks of Owens-Comtng Fibergias Corporation. ' (Financial Highlights In millions of dollars, except per share data and where notedi Net Sales Income (loss) from operations Provision (credit) for income taxes Net income (Loss) As a percent of net sales 1991 $ 2,783 (628) (238) (742) N/M Per Share Information Income (loss) before extraordinary item and cumulative effect of accounting change Extraordinary loss from early retirement of debt Cumulative effect of accounting change for other postretirement benefits : Net Income (Loss) . $(12.98) -- (5.59) $(18.13) Capital spending Total assets Total debt Average number of employees Shares outstanding-(as of December 31) . $ 98 $ 2,106 $ 1,172 ` 17,300 ' 41,051,734 ,\'/\[ = Sot meaningful & 1990- S 3.069 293 58 73 29 1989 3 2.964 432 103 172 69 3 1.78 (.05) - $ 1.73 $ 121 3 1.807 $ 1.300 .18.400 40.580.833 3 4.08 - - 5 4.08 3 125 3 1.924 3 1.482 19.600 40.357.843 Segment Data Net Sales $2,892* 'In millions ofdollars) -4* ' Operating Profit $23? (In millions ofdollars) Assets SI.465 (In millions ofdollars) Construction Products $1,840 Industrial Materials $1,052 Construction Products $105 Industrial Materials $132 Construction Products $798 Industrial Materials 3667 `Segment data includes intercompany transactions. Sole: The above data does not include any charges for asbestos or the accounting change for other postretirement benefits. 1 Dear Stockholder? Glen H. Miner Chairman and Chief Executive Officer When I decided to join Owens-Coming after a 35-year career with General Electric, it was clear to me that this Company had many strengths -- leadership in its markets and tech nology. a strong brand franchise, an excellent cash generation ability, capable, dedicated employees -- and many promising opportunities. Now that I have become part of the Owens-Coming team, it is even clearer to me that the Company is capable of achieving considerable growth: growth in market share and through global expansion into new markets, growth in new products and in extensions of product lines, growth in revenues -- and growth in earnings. But to achieve growth, we will have to refocus and reenergize our efforts. While our action agenda has not yet been completed, we have begun to take the steps necessary to realize 3?' our potential. For starters, we will accelerate our internal growth by focusing more of our research and development effort on new products. Likewise, we will reinforce and accelerate programs to continuously improve our cost performance, as well as customer satisfaction. In pursuing our action agenda, we will be guided by three priorities: Customer Satisfaction -- gained through highest quality, lowest cost products and service beyond comparison. Measurement will be in market share. Individual Dignity -- recognizing at all times the rights of individuals, which in turn will make Owens-Coming the preferred place of employment. Shareholder Value -- to insure that our stockholders receive maximum value for the trust they have placed in us. And. to recognize chat relationships with our other constituencies, including government, suppliers and communities, also add to the value of our enterprise. As I write this letter, we have already completed an important step to address the issue of shareholder value. In the fourth quarter of 1991, we took a special noncash charge of $800 million to accrue for the estimated uninsured cost of future asbestos claims the Company may receive through the balance of the decade. We have taken this action to put the asbestos situation behind us. but we will not stop fighting the asbestos litigation battle. On the contrary, while we are a compassionate company and believe in fairly compensating people who have been exposed to and injured by our products, we are committed to litigating aggressively when plaintiffs have no physical impairment or exposure to our products. With this charge, we can now concentrate on our ongoing operations. In 1991. despite some of the worst economic conditions in many decades, Owens-Coming's performance was reasonable, with both operating groups gaining market share and showing improved operating margins in the fourth quarter as a result of our continuing efforts to control costs. 2 Before non-recurring charges for asbestos and for other postrettrement benefits, the Company's net income in 1991 was S22 million, or $.54 per share. Including the special charges. Owens-Coming reported a net loss of $742 million, or $18.13 per share, for the year. Consolidated net sales in 1991 were $2.8 billion, compared with $3.1 billion in 1990. More importantly, the bustnesses continued to generate strong cash flow, enabling the Company to reduce debt by $128 million to $1.17 billion, down from a high of $2.5 billion in 1986. Debt reduction will continue to receive a high priority for the use of our free cash flow. In the year ahead, we expect a gradual improvement in many of our major markets, particu larly if the proposed incentives for home building spur construction starts in the U.S.. and we are planning accordingly. Our objective for 1992 is to improve earnings in every quarter as compared to the year-ago period. By continuing our focus on running our operations effi ciently. enhancing our market leadership and strengthening our balance, sheet, we will be able to achieve that objective. Owens-Coming has come a long way in recent years, weathering an unwanted takeover . attempt and subsequent restructuring, an extremely difficult economic environment and a liability issue that had nothing to do with the ongoing operations of the Company. It is a tribute to the leadership of my predecessors. Max Weber and Bill Boeschenstein. that the Company was able to overcome these obstacles and maintain its leadership position around the world. With your continued support, we can build on the legacy left by Max and Bill and achieve considerable growth in the years ahead. 'Sincerely. Chairman and Chief Executive Officer At year-end. Max 0. Weber. Chairman and Chief Executive Officer, announced he was retiring for health reasons after 37 years with the Company. Max began his career with Owens-Coming in 1955, when he joined the Kansas City plant as a sales man. For the next 20 years, he held a variety of marketing and management positions in the Construc tion Products Group. He then made his way up the management ladder as vice president of several operating divisions. Max was named Senior Vice President and President, Construction Products Group, in 1986. He became President and Chief Operating Officer in 1988. and Chairman and Chief Executive Officer in 1990. As President and later as Chairman. Max helped guide Owens-Coming through its restructuring, cutting costs and creating a more efficient organization well-positioned for the 1990's and beyond. His legacy is Owens-Coming's outstanding reputation around the world as a leader in market share, innova tion and customer satisfaction. Two other senior executives aiso retired last year. James S. Hearons. Vice President and head of the former International Division, retired after 37 years of service, and C. Peter Hauck. Vice President and Controller, retired after 35 years of service. We are grateful to them and to the other Owens-Coming people who retired in 1991 for their many accomplishments and contributions. 3 Business Overview 7^* Construction Products Qroup . Ths Construction Products Qroup oporstss in two principal market segments, primarily in North America. The Insulation Operating Division offers a broad range of products to the residential and commercial construction markets. Ths Roofing Products Operating Products iJUSal -jt1 s/JffW Retail insulation rolls offer resi dential users an easy-to-carry package with installation tips highlighting th^Department of Energy's R-valiie recommenda tions. Contractor customers appreciate the SpaceSaver* packaging and bates in bags for their ease of handling and effi cient use of storage space. Division produces residen tial shinglas and commer cial roofing materials. Also, the Qroup recently Intro duced a Una of standard and custom windows. Superior preduct quality is complemented by unmatched customer service. The Qroup Markets Insulation products are sold to contractors, distributors and through retail stores to con sumers. I'sed in single- and multi-family construction, as well as commercial buildings, insulation products provide energy savings, improved com fort and acoustical advantages. supports product sales with eonaumar promotion* and national advertising featur ing the Pink Panther. As a result, consumers prefer Owens-Coming Insulation products over competitors by a ratio of more than 10-to-l. Outlook Housing starts in the U.S. are projected to improve moder ately. .Also, improved building codes will increase the insulation.use per unit, allowing for steady growth. Canada, hard hit by recession, has shown steadyimprovement and is expected to return to a normal level of housing starts in 1992. Mechanical insulation products include SSL D* pipe insulation with a unique, new double seal, pipe and tank.insulation, duct systems and a variety of related products: duct liner, duct boards and duct wrap. Also, special insulations are produced for cars and appliances. Sold primarily through distribu tors and insulation contractors, these products are used in com-? mercial and industrial buildings to insulate air handling,and pipe ^ systems. Specialty products are sold to distributors, fabricators and directly to manufacturers for the automotive and appliance industries. Despite the continued slump in new commercial construction, commercial renovation offers a stable opportunity for mechani cal insulation products. Specialty product sales co the appliance and automotive industries will improve with the anticipated upturn in general economic conditions. The Owens-Coming line of residential roofing products con sists of the standard Classic* threen^. shingle. Oakridge* laminated shingles and the new Shadow series,"a more aes thetically pleasing shingle. All shingles feature a heart of Pink Fibergias* mat for superior thermal insulation properties. The commercial roofing line encompasses Owens-Coming roof insulation, PermaPly* roof ing mat and PermaMop* modi fied asphalt. The Company is also the world leader in indus trial roofing asphalts. Shingles are sold through dis-- tributors ami retailers to resi dential roofing and remodeling contractors. The introduction of a high-style product serifes offers the consumer a broader selection and a distinctive look, while providing contractors with more levels of textured, dimen sional-appearance products in rich, vibrant colors. Commercial roofing is sold to commercial roofing contractors either directly or through dis tributors. In addition, asphalt products are sold to industries for use in a variety of other products such as water-proofing systems. Reroofing represents 75% of the residential shingle demand. New construction accounts for the remaining 25%. The increase of existing homes and the fact that homes need new roofs on average every 17 years guarantees a ri|e in reroofing demand well into the next decade. Although commercial con struction has been severely depressed, a modest recovery is expected in the near future. The reroofing demand. 75% of sales, will grow due to the large stock of commercial buildings needing replacement roofs in the coming years. 4 Industrial Materials Qroup fit The industrial Materials Qroup comprises several major product categories: reinforcements, textile yams and resins. It is the world's largest manufacturer of fiber glass reinforcements and a lead* ing manufacturer of resins. In addition to its United Products Textile yams are fine fiber glass strands, the majority of which are woven into fabrics princi pal-used to reinforce elec tronic printed circuit boards. Yams are also used in nonwoven applications such as rein forced craft paper, packaging tape and other packaging materials. States operations, it servos expanding markets through subsidiaries in Europe, Canada and Brasil, and afftl. iates and licensees around the world. The Qroup takes a system* atlc, global approach to defining a customer's needs and determining how to deliver a quality product to meet these needs. It com* mits the Company's global technology and research capabilities to improving existing produets and Croat* ing innovative, revolutionary products for future markets on a worldwide basis. Markets Textile yams are sold to weav ers. convertors or fabricators, whose products are later used in the electronic, packaging, aerospace and automotive indus tries. Specialty yams are also sold as reinforcing agents for fiber optic and auto ignition cables. Outlook A total quality management approach'has resulted in market share gains. Globalization has also increased the market reach, opening potential growth mar kets. There will be continued growth for yams in the highperformance applications such as printed circuit boards and aerospace fabrics. Continuous roving is bundled, untwisted strands of fiber glass. It typically is chopped in the customer process and used in spray-up or molded applications. Resin, the other ingredient in fiber glass reinforced compos ites. is selected for its chemical, electrical and thermal properties. Rovings are sold directly or through distributors to automo tive. construction, marine and corrosion-resistant products manufacturers, or other'fabrica tors and molders. Resins, sold through the same distribution channels, are typically used on cars, boats and bath components. With most roving and resin being used in the auto/marine industries, volume increases will be weak until those markets rebound. However, automakers are expected to increase use of high-performance Owens-Coming Atryl* resin. New applications will result in more fiber glass usage per vehicle worldwide. Woven roving is a fabric woven from continuous roving. Rein forcing mats and veils can be made from chopped strands, continuous strands laid down in a swirl pattern, or by a wet-laid process. Resin holds the strands together. Bi-Ply* mat combines woven roving laminated to a chopped strand mat. Woven rovings and mats are sold directly or through distribu tors to boat and car man'ffp"r* ers or other industrial rrxwrs or fabricators. Continuous strand mat is used in th#grow- ing pultrusion process for indus trial and corrosion-resistant applications. . The use of reinforced plastic continues to rise, especially as industries find new applications for pultruded fiber glass rein forced plastic (FRP). New envi ronmental regulations will help increase the demand for FRP in the future, due to its corrosion- resistant properties. Chopped strands of fiber glass are blended with resins tomake compounds for compression or injection molding. The high moisture chemistry of wet proc essed chopped strands makes them better suited for slurries for mats. Shorter, milled fibers are used to control heat distor tion in molded polymers. Chopped strands are sold to polymer producers who mix them with resins. The rein forced compounds are then sold to molders who make products such as small appliance housings and auto parts. Wet processed chopped strands are used in roofing mats and other specialty glass mats and veils. The recession has reduced demand for appliances and automotive parts. Orders for durable goods are expected to iacrease. however, and new applications resulting from improvedchopped strand prod uct properties will cause consumptioifto increase as the economy recovers. s 'Construction Products: A Tradition of Leadership The Construction Products Group has a iong tradition of leadership. Not only are we leaders in market share in every one of our key markets, but we are leaders throughout the construction industry in brand awareness, quality, innovation and -- most important of all -- customer satisfaction. In 1991. our leadership position served us well. While construc tion markets in the I'.S. and Canada declined by about 11 percent. Owens-Coming's sales were down only eight percent. We leveraged our dominant market position, exceptional brand awareness and strong commitment to customer satisfaction into market share gains across the board. Income from operations decreased in 1991. primarily as a result of lower volume and prices. However, because of aggressive cost reductions and organizational streamlining, productivity -- as measured in constant sales dollars per employee -- has increased four percent peryear since 1988. while construction activity decreased by almost 40 percent in the same period. In the U.S., sales of retail insulation and residential roofing materials were stronger than a year ago. Retail insulation sales were fueled by a number of factors, including the popularity of our new packaging, the effect of special promotions and growing consumer awareness of government and industry recommendations to increase insulation levels. In Canada, which was hit harder by the recession, the economy showed some signs of improvement towards the end of the year. In particular, new housing construction has steadily improved since the first quarter of 1991. Our steps to reduce capacity, downsize the organization and streamline distribution in Canada have enabled some of our businesses there to experience a modest upturn. Market Share Gains tn insulation In our U. S. insulation business, demand for insulation products was off 12 percent in 1991, while our sales were off only six percent, due to market share gains in all key insulation markets. Our strategy has two main thrusts: to encourage homeowners to reinsulate with another layer of Fiberglas to achieve a minimum of one foot ofinsulation in the attic, and to encourage contractors to upgrade by using our new products that offer greater thermal efficiency. We continue to make excellent progress in our upgrading strategy. In fact, the industry sold approximately 40 percent more pounds of insulation in 1991 than in 1982, a year of comparable housing starts. In the roofing industry, demand was down six percent in 1991. while our sales were off only two percent, as a result of our increased market share in residential roofing. Our new high-style product introductions continue to be well received. The new line of "Shadow" shingles offers consumers a greater selection and a more distinctive look. In addition to broadening our product offerings and increasing our market share, these premium-priced shingles offer the potential for improved margins. The roofing market remains an outstand ing opportunity for increasing the use of fiber glass materials... and has experienced a steady growth over the past 15 years. 7 Aitdiip orbuibjp o| #q ue pus Auto o* Am m S||OJ pOOO|OUO*A|Od MOil <0M0t|8 qd840O}Oqd (NU[ OCR V *840Ut08l10 MOU pue - asisjd uim oj ponunuoo *eq 0u|08qod mbu oar `066t u| uOROftpo4|(ii m *9U|S 01'Mt^utd ^u]d in intitfiispiM 'fiu|6nt9<l uoiieinouj ||)M 4no toojjod 1iAim mbu pun o* *! 800 jfOtfj, <dnoJ6 onooj joumouoo e tuojf *|*p m{mj tuea? Buu)(i8ui uo||8|nBu| h1*J ino jo ojoqtuotu `ii{0{J otp uo qdea0o)oqd #04i otp u| *odno40 onooj jouinouoo jo oon ow 0utpn|oui *1(0480884 WJBUI 8A]0U8)X8 0U{lOnpOO9 Aq 8{ OAJlOafqO VMR 000(1(38 OM ABM OU0 '00408 OM 0^0)(48UI OIQ Uf UOflfOOd d|(|S40p80| 4flO UOifl0UO4* pUB 8804MM8MV puBiq Piinq OJ 01 toAiioofqo 0(00^84)0 o,dno40 oionpoid uogotupuqo **K) 0uf083to8d jno ;o*14*d 0JL 40d 0u{)(ooi 8 `SSB|S jaqg qip* sjBuaietu Surppnq [BuoiqpBJi 8upefdaj u? ssaaons snopuauia.ii paAofua SBq Suiujo^-susmo vaou AiTauaD b jjeq joj [Buaieui 3uippnq [BuouipBJi Aub Aq paqaiEuitm AitgqBmp pu? Aouapgja leuiaaqi b sjajjo qaiq.w *A8o(ouq;>ai ^uoiqjj paiuaiBd mo Suizgiin suoiaBDgddB pnpojd jaqiO| Smdo[9Aap s? pue maA siqi sjoop oped ;o aug b aanpoiim (jiav uoisiaiq spnpojj .Yiajq aqx S3a>|jBtu luauiaoBjdaj pub uoiioruisuoa [Btiuaptsaj aqi jo; spnpcud mopuim p aui| A\au mo uo Suisnoo; st uoisiAip .wau aqi 'AgBtitux -dnojQ spnpoaj uorpruisuoQ aqi uiqiLW uoisiaiq spnpoij .*a^ e pauuoj am sb panuuuoa uonipeii siqiJx66l "I 'qWKMS jo aojnos e uaaq 8uo| sBq ssbj8 jaqg jo; suonEoqddB Mau ;o luauidojaAap aqi `Suimo^-suaMO iy pOUMOd *1 UOISJAIQ t)9np04d MON V puoXaq pus s,0661 sqi ut Aiiaipb Sugooiaj 8uojis jaig jn^ s,og6I pus s,0'6I aqi jo uiooq 3uisnoq aqi `pbj uj paiouSt iou inq pauodisod aq ueo sjisdaj ajaqM `3ugooj -aa jo; si pueuiap Sugooj ;o saauBnb aajqa asneaaq si isqx smaA gx issd aqi J9ao qiMOiS Apeais 2 paouauadxa s?q jaqjBiu Bugooj aq: laqjBui Suisnoq jeaqaAo aioui aq: aqquQ -s{B|J aiBiu ssb]9 jaqg ;o asn aqi Suiseamui jo; Aitunuoddo Surpueismo ub suiBUiaj laqisiu Sugooj aqx suuois aja.\as Aq pasnea Apuanbaj; pUBiuap u; saSms |BU0|3aj oi Aplomb puodsaj oi sn sajqBua pue suisqa [iBiaj [Buoubu aqi ;o spaau aqi oi puodsaj oi sn smojib siqi gv"! aqi ino qgnoiqi paiBaoj AnsaiSaieJis siUB{d fX qii.% jamiaBjnuBUi Sugooj jBUoneu b si 8unuo3*suaA\o - sjoAa; ift? ' uotieinsui aseojou; o* suojjepuauituooai Aj;snpu; pue luaui ujdAOfi io ssauajeme ?:jaujrtsuoo 6uimoj6 pue suoiiouiojd tepads 10 ;oana am '6u<6e >(oed Mau jho io An ieindod aqi 6uipniou> sjojoei io jaqtunu e Aq paian; sjsa* saie's ustjeinsui iiejay ' industrial Materials: A Global Enterprise The Industrial Materials Group is a global enterprise. With manufacturing facilities in the L'.S.. Canada. Brazil, and Europe, as well as joint ventures, affiliates and licensees on every continent. Owens-Coming is the world's leading producer of fiber glass reinforcements and varns and a major manufacturer of polyester resins. These products, which enhance the performance of composite materials such as plastics, are used in a wide spectrum of appli cations. ranging from automotive parts to electronic circuit boards. The financial performance of the Industrial Materials Group in 1991 was lower than the year before, reflecting the continuing economic sluggishness in many of our markets throughout the world. In the U.S.. demand for durable goods remained poor, although there was some improvement toward the end of the year. The slowdown in the European economy, which began in the second half of 1990. continued in 1991 with few indications of any kind of upturn on the horizon. And in Brazil, the economy softened further as a result of the governments restrictive monetary policies to restrain inflation. A "Bst Practices" Approach Our strategy reflects the global scope and strengths of Owens-Coming. As a Group and as a Company, we seek to utilize our primary assets -- our facilities, equipment, technology and people -- with optimal effectiveness around the world. Following the principles of a total quality management philosophy, our employees at all loca tions are working together to identify and utilize "best practices" in the way we produce materials and service our customers. W?e are focusing our production of primary products at our most efficient and capable facilities. * We are entering into joint venture agreements with global manufacturing enterprises to increase our market reach and enhance research productivity. For example, our joint research projects with major customers and suppliers have allowed the development of a sig nificantly stronger glass reinforced molding product for thermoplastics applications. Our tech nical exchange program with BASF of Germany and Takeda Chemical ofJapan continues to make excellent progress. Not only are we gaining from the technical benefits of the exchange program, but it is also providing us with access to important market data and new continuous glass fiber and resin customers and applications. We are linking our facilities with a state-of-the-art communications system to foster a multi cultural, free exchange of ideas. Our on-line information systems have given us the ability to provide customers with an immediate response to orders or material availability requests. Following tr . pies of A tva . . management j- - phy. our employees at all locations are working together to identify and utilize "best practices" in the way we produce materials and service our customers. We are in a very tech* nicat business, and we've gone to great lengths to train our sales and technical service employees so that they are able to define -- and in many cases help our cus tomers define - the exact product attri* butes and service they require to be successful. And we are actively seeking new business opportunities in a variety of ways -- through the evolution of existing product lines, the development of new product applications, the creation of new joint ventures and the transfer of technologies. Mooting Our Customers' Needs In 1991. the Industrial Materials Group continued its emphasis on identifying and understand ing customer requirements and meeting those needs better than any of our competitors any where in the world. We are in a very technical business, and we've gone to great lengths to train our sales and technical service employees so that they are able to define -- and in many cases help our customers define -- the exact product attributes and service they require to be successful. Our goal is to be our customers' preferred supplier. With awards and recognition from such customers as Milliken, Ford, Pirelli and Avis, to name just a few, it is clear that we are making excellent progress in meeting this objective. . We are confident and enthusiastic about prospects for the growth in the use of fiber glass around the world and are committed to maintaining our position as the industry leader by aggressively using our product technology and service to bring value-added to customers. Working With Our Customers To Be The Best One of the Industrie! Materials Group's strategic objectives is to always be our customers' preferred supplier. One way we achieve that objective is with "Style Items," In which we form ongoing partnerships with our customers to address issues of mutual concern, such as product quality and manufacturing efficiency. In the photographs on the right, members of a Stylo Team from our plant in Aiken, discuss performance criteria with their counterparts from Clark-Schwebel, which uses our glass fiber yams to produce woven fabrics used in printed circuit boards and other industrial applications. With a better understanding of the man* ufacturing process both at Aiken (large photo) and at Clark-Schwebel's weaving plant in Statesville, N.C., (inset), members of the Style Teem work together to optimise fabric quality. I Management's Discussion and Analysis Nat Sales '/* millions of dollar}/ 3.750 3.000 | 12.250 1.500 I 750 I O I I | 87 '88 89 '90 'I Operating Profit (In millions ofdollars/ lOOO 800 600 87 '88 89 90 **1* * Excludes Ou $800 million nitstet special charf*. Results of Operations The Company's consolidated net sales in 1991 were $2.8 billion, a 9% decline from 1990's sales of $3.1 billion and 6% lower than 1989 due to continuing weak economic conditions in the Company's major markets. Construction Products segment sales in 1991 decreased by 3% compared to the prior year, primarily due to lower commercial roofing and asphalt sales, as well as lower insulation sales to residential and commercial contractor markets. Sales to the residential roofing market increased, however, and retail insulation sales were relatively unchanged as the Company gained market share. Construction Products segment sales outside the U S. decreased 14% in 1991, reflecting weak demand in Canada and Brazil. In 1990. Construction Products seg ment sales, which for the first time included Fiberglas Canada Inc. (FCI) for the full year, increased 4% compared to 1989. Sales in Canada, however, were significantly depressed in 1990 due to the recession and lower housing construction activity. Industrial Materials global sales in 1991 decreased by 11% compared to 1990 with US. sales declining 10%. compared to the previous year, in both 1991 and 1990. Both years were affected by continuing weakness in the automotive and pleasure boat industries. Textile mate rials sales remained unchanged in 1991 and 1990 due to continued strength in printed circuit board demand. Industrial Materials segment sales outside the U.S. declined 12% in 1991. * primarily due to price erosion and currency exchange effects in Europe and Brazil. In 1990, Industrial Materials segment sales, including FCI products for a full year, increased by 2% compared to 1989. The Company's gross margin percentage of net sales was 21% for 1991. compared to 25% in 1990, and 27% in 1989. The declines reflect lower volume sales of insulation to the contrac tor markets and downward global pressure on prices. Marketing and administrative expenses for 1991 decreased by $24 million, or 8%. compared to 1990, while science and technology expenses declined 7%. or $4 million. These reductions reflect the Company's continued efforts to control costs and the results of restructuring actions announced in the fourth quarter of 1990. while at the same time retaining science and technology expenses at 2% of 1991 sales. Please see Note 16 to the Consolidated Financial Statements. The increase in "Other" expenses in 1991 reflects charges for stock appreciation rights, the annual service cost and interest cost accrual for the adoption, as of January 1.1991, of SFAS No. 106 "Employers' Accounting for Postretirement Benefits Other Than Pensions-' (described below), and product liability expenses related to the Company's non-asbestos prod ucts. In 1990, marketing and administrative expenses, and science and technology expenses, increased compared to 1989, due primarily to the full-year consolidation of FCI. Cost of borrowed funds decreased by $34 million in 1991. The decrease is due to a S128 mil lion reduction in debt since December 31.1990. and lower interest rates on the Company's debt, primarily due to $423 million in refinancing during the year. The reduction in debt was funded by the Company's cash flow from operations. Please see Note 2 to the Consolidated Financial Statements. Historically, the Company has charged earnings on an accrual basis for the uninsured costs of the pending personal injury asbestos claims, including the cost of insurance deductibles. The charges have taken into consideration factors such as the estimated ultimate cost of resolving such claims, the period of time for the resolution of the claims and the uncertainties existing in connection with the contingency. The charges were $24 million in each of 1991 and 1990. and $50 million in 1989. 14 I es 7c g* a :les iteuit 0, r in .c- ed ons and 1 :ion >91, is" rod* es. nil 's vas id :s of fhe mg ing *0. Tinomtauli: A>nsss>* o4otaU4*f Stockholders' Equity /* millions ofdollars) 300 _____________ 1.200 87 83 89 90 **1 The Company expects additional asbestos personal injury claims to be filed in the future. Historically, the Company has not been able to estimate, and has not provided for. the cost of unasserted asbestos personal injury claims. At year-end 1991. however, the Company again reviewed the feasibility of making provision for such costs. In conducting this review, the Company relied, among other things, on the experience and information it has obtained dur ing the three-year period it has been responsible for the evaluation, settlement and defense of asbestos personal injury claims followin? the dissolution of the Asbestos Claims Facility. As a result of this review, the Company has :. cn a non-recurring, noncash charge to earnings of S8Q0 million in 1991. in addition to the $24 million described above. This charge reflects the Company's best estimate of the uninsured indemnity and defense costs that may be asso ciated with unasserted asbestos personal injury claims that may be received by the Company during the years 1992 through 1999. The Company cautions that such factors as the number of future claims received by it. the rate of receipt of such claims and the indemnity and defense costs associated with such claims, as well as the prospects for confirming additional, applicable insurance coverage beyond the unexhausted $1.13 billion of products liability insurance (inclusive of deductibles) available at year-end 1991. are influenced by numerous variables that are difficult to predict, and that estimates, such as the Company's, which attempt to take account of such variables.. are subject to considerable uncertainty. Accordingly, the actual uninsured costs associated with asbestos personal injury claims received by the Company during the years 1992 through 1999 may be higher or lower than those provided for by the $800 million charge to earnings in 1991. The Company will review the adequacy of its provision for the uninsured costs of pending and unasserted claims on a periodic basis and make such adjustments to its reserves as may then be appropriate. Although the Company has accrued an estimate for the uninsured costs of both asserted and unasserted ashes:. * personal injury claims, as described above, such claims are not typicallyresolved nor the related cash outlays made until four to six years after receipt. Therefore, the Company's products liability insurance policies should cover virtually all of the Company's cash expenditures for indemnity and defense costs for asbestos personal injury claims through 1996 or 1997 (except for the insurance deductibles and for a small number of claims involving product exposure outside the coverage periods of the Company's unexhausted products liability policies). The cash expenditures (except for insurance deductibles) for the unasserted claims covered by the $800 million charge to 1991 earnings are expected to be incurred over a period of approximately seven years, between 1996 or 1997 and 2003 or 2004. Please see Note 1 to the Consolidated Financial Statements for a complete discussion of the asbestos litigation. In December 1990, the Financial Accounting Standards Board issued Statement No. 106, "Employers' Accounting for Postretirement Benefits Other Than Pensions" with an effective date of January 1.1993. The Company has adopted the new standard effective January 1, 1991. The Company incurred a non-recurring, noncash charge of $227 million, or $5.55 per share, to net income for the cumulative effect of this statement. Please see Note 13 to the Consolidated Financial Statements. is Capital Spending In millions <?/ dollars' 150 120 190 60 I 20 1 0 87 88 89 90 '*1 Average Numbar of Cmptoyaaa tin thousands} 25 20 IS _ 1 10 1 5 1 0 87 88 89 'I The loss for 1991 was $742 million, or S18.13 per share, compared to net income of S73 mil lion. or SI.73 per share, in 1990 and S172 million, or $4.08 per share, in 1989. The net loss for 1991 reflects the $800 million charge for unasserted asbestos claims, the adoption of SFAS No. 106 effective January 1. 1991. and an increase of $14 million, or $.34 per share, in the estimated taxes that would be payable on undistributed earnings of foreign subsidiaries. Without these noncash charges, net income would have been $22 million, or $.54 per share. In the fourth quarter of 1990. the Company recorded a restructuring charge of $65 million pre-tax. or $51 million after-tax, in connection with actions designed to reduce costs and fur ther improve the Company's capacity utilization in North .America and Europe. Income from operations was a $628 million loss for 1991 (reflecting the $800 million charge for asbestos as described above), compared to income of $293 million for 1990 and $432 million for 1989. As reported on a segment basis, general corporate expenses for 1991 increased by 5829 million compared to 1990, due to the $800 million charge for unasserted asbestos personal injury claims, the annual service cost and interest cost portion of the SFAS No. 106 accrual, stock appreciation rights and a reduction in interest income on lower cash holdings in Brazil. General corporate identifiable assets also sharply increased reflecting the deferred tax asset resulting from the tax effect of the accruals for unasserted asbestos claims and other post retirement benefits. Please see Notes 1 and 13 to the Consolidated Financial Statements* Liquidity, Capital Resources and Other Related Matters Cash flow from operations was $253 million for 1991. compared to S361 million for 1990 and $395 million for 1989. The decline, which was primarily due to the effect of lower sales and lower net income, was moderated by favorable changes in working capital. Net inventories declined from $237 million at year-end 1990 to $219 million at year-end 1991. The 1991 decline reflects efforts to tighten control of working capital during the recession. Inventories at December 31. 1991 (valued on a first-in. first-out basis), as a percentage of the fourth quarter's annualized sales, were lift, unchanged from lift at the end of 1990. Receivables were $308 million at December 31. 1991. compared to $375 million at the end of 1990 and $466 million at the end of 1989, reflecting lower sales in 1991, particularly in the fourth quarter. Receivables at December 31,1990. reflected both reduced sales volume in the fourth quarter 1990 and the collection in 1990 of a 1989 settlement with the Internal Revenue Service concerning treatment of certain assets for federal tax purposes. The Company's total borrowings at December 31, 1991, were $1.2 billion, compared to SI.3 billion at December 31, 1990, and $1.5 billion at December 31. 1989. At year-end 1991. the Company had unused lines of credit of $343 million under its long-term bank loan facilities and an additional $232 million under short-term facilities. During 1991, the Company issued $423 million of debentures: $173 million of 8ft convertible junior subordinated debentures due in 2005, $150 million of 10ft debentures due in 2001, and $100 million of 9.8ft deben tures due in 1998. The net proceeds from these issues were used to retire other indebted ness. In December 1991, the Company redeemed all of its remaining junior subordinated discount debentures due in 2006, which would have required cash interest payments of 15ft beginning in December 1991. The Company's long-term bank facility was used to fund the $208 million redemption. 16 3 miltoss t re. in ies. are. ion i furrom :os as 9. 9 nal rual. *azil. isset >sts. ) and and 1991. ion. of the end :n ome nal SI.3 . the 3$ sued res en cod ed 15% the At year-end 1991. the Company's working capital increased to S171 million and its current ratio increased to 1.4. compared to working capital of $58 million and a current ratio of 1.1 at year-end 1990 and S25 million and 1.0, respectively, at year-end 1989. The increases in 1991 are primarily due to a reduction m the Company's outstanding short-term debt. Capital spending for property, plant and equipment was S96 million during 1991. compared to S121 million in 1990 and S125 million in 1989. At the end of 1991. approved capital projects, excluding furnace rebuilds, were $41 million. The Company is planning total capital spending of approximately $125 million in 1992. excluding furnace rebuilds. Funding for these expendi tures will be from the Company's operations and external sources as required. Please see the paragraphs above in "Results of Operations" discussing asbestos contingent liabilities. The Company has been deemed by the Environmental Protection Agency (EPA) to be a potentially responsible party (PRP) with respect to certain sites under the Comprehensive Environmental Response. Compensation and Liability Act (Superfund). During 1991, the Company was designated as a PRP for three additional sites, bringing the total to 31. some of which designations the Company believes to be erroneous. The Company has established reserves for its Superfund contingent liabilities which are reflected in the financial state- ments. The Company believes these reserves to be adequate to cover these liabilities. The 1990 Clean Air Act Amendments (Act) provide that the EPA will issue regulations on a number of air pollutants over a period of years. Until these regulations are promulgated, the Company cannot determine how and when the Act will affect it. The Company anticipates that its sources to be regulated will include glass fiber manufacturing, resin manufacturing and asphalt processing activities. The Company currently expects glass fiber manufacturing to be regulated by 1997. Based on information now known to the Company, including the nature and limited number of regulated materials it emits, the Company does not expect the Act to have a material adverse effect on the Company's results of operations, financial condition or long-term liquidity. . Future Required Accounting Chango In February 1992, the Financial Accounting Standards Board (FASB) issued Statement No. 109, "Accounting for Income Taxes." The Company is required to adopt the new standard no later than 1993. The Company is currently analyzing the new standard and expects that prior periods will not be restated. The cumulative effect of the accounting change on reported net income in the year of adoption is unknown at this time. 17 Five*Year Summary of Operations H Tte O' 1991 1990 1989-- 1988 1987 R Net sales Cost of sales Marketing, administrative and other expenses Science and technology expenses Income (loss) from operations (a.c.d) Cost of borrowed funds Income (loss) before provision for income taxes (a.c.d.f) Provision (credit) for income taxes $ 2,783 2,186 1,171 54 (628) 131 (759) (238) S 3.069 2.304 414 58 293 165 128 58 $2,964 2.161 323 48 432 166 266 103 $ 2.798 1.999 278 44 477 170 301 127 $ 2.857 2.129 258 43 427 221 343 136 OV cor ant eqi en< thl: bill ex; out Net income (loss) (a.b.c.d.e.f.g) Net income (loss) per share (a.b.c.d.e.f.g) Dividends per share on common stock Declared Paid (742) 73 172 189 200 (18.13) 1.73 4.08 4.51 4.81 ----- ---- - We auc for firu Weighted average number of shares outstanding (in thousands) Net cash flow from operations Capital spending Total assets 40,924 253 98 2,106 42.019 361 121 1.807 42.170 395 125 1.924 41.856 360 127 1,596 41.583 290 97 1.590 me! esr fina a r Long-term debt Average number of employees (in thousands) (h) 1,148 17 1.086 18 1.201 20 1.315 20 1.482 21 [n c pre d) 1989 data consolidates results of Fibergias Canada Inc. beginning m the fourth quarter of 1989. Ow <q) During 1991 a non-recurring $800 million charge for unasserted asbestos litigation claim was recorded. Det fb) 1991 results include a $227 million after-tax charge, or $5.55 per share, for the cumulative effect of the accounting change for other postretirement benefits. fo During 1990 a restructuring cost ofS65 million was recorded. rd) During 1989 an additional $50 million was added to existing asbestos-related claim reserves, a $50 million credit was recorded resulting from a settlement and end reached with the IRS and a restructuring cost of$30 million was recorded. aco rei During 1988 an $8 million extraordinary loss resulted from the early retirement ofdebt. (0 During 1987 a gain of$141 million resultedfrom the sale of the Aerospace and Strategic Materials Croup, A fg) During 1987 a $20 million extraordinary loss resulted from the early retirement of debt. <h) Includes employees ofFibergias Canada Inc. I th be of Price Range of Common Stock First Quarter Second Quarter Third Quarter Fourth Quarter 1991 High Low 26V* 28% 35V* 35% 15 23% 25V* 16% 1990 High Low 26% 24% 23% 16% 20% 20% 14% 13% 1989 High Low 29% 33 36% 34% 22'- i 26% 2923 6 Jam Tolt 18 I To tho Stockholders of Owons*Corning Fibergla* Corporations 1987 .357 129 253 43 427 221 343 136 200 4.81 .583 290 97 .590 .482 21 IK. lent Lou- 22", 16Vz 29Vt 23 Report of Independent Public Accountants We have audited the accompanying consolidated balance sheet of OWENS-CORNING FIBERGLAS CORPORATION (a Delaware corporation) and subsidiaries as of December 31. 1991 and 1990, and the related consolidated statements of income, stockholders' equity and cash flows for each of the three years in the period ended December 31.1991 presented on pages 20-23 and 25-41 of this Annual Report. These financial statements are the responsi bility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and per form the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Owens-Coming Fibergias Corporation and subsidiaries as of December 31, 1991 and 1990. and the results of their operations and their cash flows for each of the three years in the period ended December 31. 1991. in conformity with generally accepted accounting principles. As discussed in Note 13 to the consolidated financial statements, the Company changed its method of accounting for postretirement benefits other than pensions in 1991 to comply with the provisions of Statement of Financial Accounting Standards No. 106. (Juz^u Y-^0# Management's Report The financial statements of Owens-Coming Fibergias Corporation and subsidiaries have been prepared by management in conformity with generally accepted accounting principles. Management uses its best informed judgments to ensure that these statements fairly reflect the Company's financial position. Financial information contained elsewhere in this annual report is consistent with the financial statements. The Company maintains a system of internal accounting controls designed to provide reasonable assurances that assets are protected from improper use and that transactions are properiy authorized and recorded. The Board of Directors pursues its responsibility for overview of the Company's financial statements through its Audit Committee, which is comprised of directors who are not officers or employees of the Company. The Audit Committee meets periodically with management, the Company's internal auditors, and the indepen dent public accountants to review and assess the activities of e*h in meeting their respective responsibilities. The independent pub lic accountants and the director of internal auditing have full and free access to the Audit Committee to discuss the scope and results of their audit work, the adequacy of internal accounting controls, and the quality of management's financial reporting. "as Glen H. Hiner Chairman and Chief Executive Officer Paul V. Daverio Senior Vice President and Chief Financial Officer January 31, 1992 Toledo, Ohio oius?. ''"'`Charles R. Bland Vice President and Controller 19 Summary of Significant Accounting Policies Principle* of Consolidation The consolidated financial statements include the accounts of subsidiaries. Significant intercompany accounts and transactions are eliminated. Not Ineom# Par Share Net income per share is computed using the weighted average number of common shares outstanding and common equivalent shares during the period. Inventory Valuation Inventories are stated at cost, which is less than market value, and include material. labor, and manufacturing overhead. U.S. invento ries are primarily valued using the last-in. first-out (LIFO) method and the balance of inventories are generally valued using the firstin. first-out (FIFO) method Goodwill Goodwill is amortized on a straight-line basis over a period of forty years. Investments in Affiliates Investments in affiliates are accounted for using the equity method, under which the Company's share of earnings of these affiliates is reflected in income as earned and dividends are cred ited against the investment in affiliates when received. Depreciation The Company's plant and equipment is depreciated primarily using accelerated methods. Generally, the double-declining balance method is used for the first half of an asset's estimated useful life and the straight-line method is used thereafter. Reserve for Asbostos Litigation Claims The Company charges earnings for the estimated uninsured costs of currently pending and unasserted claims. Reserve for Rebuilding Fumacos The Company's glass melting furnaces and related machines periodically require substantial rebuilding. The estimated future cost of such rebuilding is charged to income and credited to the reserve on a straight-line basis over the estimated period to the next rebuild date. Actual costs are charged to the reserve when the furnaces are rebuilt. Incomo Tuh Certain income and expense items are reported in different periods for financial statements and for income tax determination. The cumulative effect of timing differences between amounts reported for financial statement purposes and for income tax pur poses is shown as deferred income taxes. Provision is made for taxes that would be payable on undistributed earnings of foreign subsidiaries. 20 C Ft N C< Ot f F ( F Inc Cos Inc Pro Inc Equ Inc Ext: Cuct P< of Net Prir t E C. < N< We Thta- r I Cortsotkteted Statomont of Income For the years enttea utctmw ----.......... r Net Sale* Co of Sales (Not* 6) Cross margin Othor Exponsos Marketing and administrative expenses Science and technology expenses (Note 4) Provision for asserted asbestos litigation claims (Note 1) Provision for unasserted asbestos litigation claims (Note 1) Other (Notes 5 and 11) Restructuring costs (Note 16) Total other expenses lncom (Lou) from Operation* Cost of borrowed funds (Notes 2 and 3) Incomo (Loos) before Provision for litcomo Taxos Provision (credit) for income taxes (Note 5) Incomo (Lou) before Equity in Not Incomo of Affiliates Equity in net income of affiliates (Notes 7 and 17) Incomo (Loss) boforo Extraordinary Item and Cumulative Effect of Accounting Change Extraordinary loss from early retirement of debt (Note 2) Cumulative effect of accounting change for other postretirement benefits net of income taxes of $117 million (Note 13) Not Incomo (Loos) Primary and Fully Diluted Not Income (Looo) Per Share n 1991 1990 1989 $ 2,783 $ 3.069 2,186 2.304 $ 2.964 2.161 597 765 803 285 54 24 800 82 - 1,225 (628) (131) (759) (238) (821) 8 (515) -- 309 58 24 -- 16 65 472 293 (165) 128 58 70 5 75 (2) 285 48 50 (42) 30 371 432 (166) 266 103 163 9 172 _ (227) $ (742) $ -- 73 $ -- 172 Income (loss) before extraordinary item and cumulative effect of accounting change Extraordinary loss from early retirement of debt (Note 2) Cumulative effect of accounting change for other postretirement benefits (Note 13) Not Income (Lou) Per Share Weighted average number of shares The accompanying summary ofsignificant accountingpolicies and notes art integral parts of this statement. 8(12.58) $ 1.78 $ 4.08 - (.05) - (5.58) 8(18.13) $ -- 1.73 $ -- 4.08 40,924,391 42.019.411 42.170.273 21 ' Consolidated Balance Sheet December 31. 1991 and 1990 'In millions of dollars) Assets Current Cash and cash equivalents Receivables, less allowances ot S18 in 1991 and S15 in 1990 ' Inventories (Note 6) Deterred income taxes (Note 5) Other current assets Total current Other Goodwill, less accumulated amortization of $8 in 1991 and $5 in 1990 (Note 17) Investments in affiliates (Note 7) Deferred income taxes (Note 5) . Other noncurrent assets Total other Plant and Equipment, at cost Land I Buildings and leasehold improvements I Machinery and equipment Construction in progress | Less: Accumulated depreciation >r Net plant and equipment | Total Assets The accompanying summary of significant accountingpolicies and notes are integral parts of this statement. ( 1991 1990 $ 3 S 308 219 76 13 619 7 o-5 237 79 13 711 96 45 416 60 617 99 32 33 164 51 555 1,880 41 2,527 (1,657) 52 545 1.838 60 2.495 (l.563> 870 932 $2,106 S 1.807 L ^ K, L L 0 R- Pc D< c. St Pr C De Fo Ot T- C F Cc Bac bil BaL O* Bat Net BaL fw Bak Tru Bak Qtt 8aia Net 8aia Sto I Consolidated Balance Sheet ____ 1?9U ' 3.5 237 79 711 -- 99 32 33 164 52 545 .838 60 .495 .563) 932 .807 r.......?; mi and 199) `hi millions of dollars! Liabilities and Stockholders' Equity Current Accounts payable and accrued liabilities (Note 8) Accrued income taxes (Note 5) 'hort-term debt (Note 3) Long-term debt - current portion (Note 2) Total current Long-Term Oebt (Note 2) Other Reserve for asbestos litigation claims (Note 1) Other postretirement benefits liability (Note 13) Reserve for rebuilding furnaces Pension plan liability (Note 14) Deferred income taxes (Note 5) Other Total other Commitments and Contingencies (Notes 1 and 10} Stockholders' Equity Preferred stock, no par value; authorized 8.000.000 shares. none outstanding (Note 12) Common stock, par value S.10 per share; authorized 100.000.000 shares: issued 1991 - 41,651.754 and 1990 - 40.580.833 shares (Note 11) Deficit Foreign currency translation adjustments Other Total stockholders' equity Total Liabilitias and Stockholders' Equity 1991 199<.' $ 409 5 IS 6 18 418 _>! 167 47 448 653 1,148 l.U6 950 343 113 54 -- 126 1*586 128 - lu5 44 13 128 418 285 (1,375) 24 (10) (1,076} 268 1633) 25 ao> (350> $2,106 8 1.807 Consolidated Statement of Stockholders' Equity For the yean ended December 31, 1991. 1990 and 1989 fin millions of dollars) Common Stock Balance beginning of year Issuance of stock and deferred awards under stock compensation plans (Note 11) Balance end of vear Ooficit Balance beginning of year Net income (loss) Balance end of year Foreign Currency Translation Adjustments Balance beginning of year Translation adjustments Balance end of vear Other Balance beginning of year Net increase (decrease) Balance end of year Stockholders' Equity The accompanying summary of significant accounting policies and notes are integral parts of this statement. 1991 1990 1989 $ 269 17 265 5 266 > 268 ;5 264 > 266 (633) (742) (1,375) 25 (D 24 (10) (10) 5(1,076) (706) 73 (633) 14 11 25 (9) (1) flO) $ (350) '878> 172 (706) 12 > 14 '8i d) :5 '435' 23 A Look At Owons-Coming's Cash Plow O Cash Plow From Operations '1n miilionj of dollars/ 375 . Since its recapitalization in 1986, Owens-Coming has focused on two principal objectives -- strengthening the competitive position of its core businesses and repaying debt. A look at Owens-Coming'S cash flow statement demonstrates how the Company has been able to N 300 successfully balance these two objectives and shows why the Company is confident it f . 22S I ISO I 75 1 0 87 88 89 80 SI will continue to do so in the years ahead. Owens-Coming has historically been a strong generator of cash, with substantial funds remaining after the investment requirements of its businesses have been met. As the efficiency of the Company's operations has improved in recent years, so has its cash flow. In 1991, despite poor economic conditions in its major markets, Owens-Coming generated $253 million in "net cash flow from operations." After capital expenditures and furnace rebuilds, the Company had approximately S130 million remaining. These discretionary funds, known as "free cash flow," were principally used to reduce debt. For the year, the Company's E l debt was reduced by $128 million to $1.17 billion, down from a high of $2.5 billion in 1986. Capital Spending (In millions ofdollars) One reason Owens-Coming had a positive cash flow from operations in 1991 even though it* ISO 120 *> m 1 reported a net loss for the year is that the special, non-recurring charges against earnings for asbestos litigation claims ($800 million) and the cumulative effect of the accounting change for other postretirement benefits ($227 million) did not involve cash outlays by the Company and therefore did not affect cash flow. These charges are simply accruals for cash outlays the Company expects to make some time in the future. Owens-Coming has more than $1.1 billion in available insurance which should cover virtually 0 Not Ac E: Ac Ot J 87 88 '89 90 *S1 all cash outlays related to the settlement of asbestos personal injury claims, except for deductibles, through 1996 or 1997. By that time, the Company expects to have substantially reduced its debt and associated interest costs and to have even greater net cash flow from No \ operations. Accordingly, Owens-Coming believes it will be able to resolve future asbestos ( claims without affecting its plans to substantially reduce debt, reinvest in its businesses, and ( \ take advantage of attractive opportunities for growth. \ L Total Oobt (In millions Ofdollars) 1.750 Net ir Cash 1.400 Cash 1.050 Tho di 700 3SO 0 87 '88 89 90 **1 24 I r-Corao4kUt*d Stattmw* of Ch Flow, Not Cash Flow from Operation* Net income (loss) Reconciliation of net cash provided by operating activities: Noncash items: Cumulative effect of accounting change for other postretirement benefits net of tax Provision for asbestos litigation claims Provision for depredation and amortization Provision for rebuilding furnaces Provision (credit) for deferred incane taxes Amortization of discount on long-term debt Other Extraordinary loss from early retirement of debt Is, Uninsured asbestos claims and insurance deductibles iy's (Increase) decrease in receivables (Increase) decrease in inventories Increase (decrease) in accounts payable and accrued liabilities c Increase (decrease) in accrued income taxes for Other for Net cash flow from operations nd Not Cash Flow from Inverting Additions to plant and equipment Expenditures for rebuilding furnaces Acquisition of Fibergias Canada Inc. uy Other Net cash flow from investing Jv Not Cash Flow from Financing Net additions (reductions) in long-term credit facilities Other additions to long-term debt Other reductions to long-term debt Net increase (decrease) in short-term debt Other Net cash flow from financing Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year (Note 9) 1991 1990 1989 $ (742) $ 73 $ 172 227 824 132 28 (308) 20 3 -- -- 59 14 (8) () 11 253 -- 24 139 30 (15) 33 (4) 2 (8) 106 15 (57) (4) 27 361 -- 50 137 26 (4) 36 (67) _ (15) 1 50 (14) 23 395 (08) (18) _ (8) (120) (121) (25) (2) 5 (143) (125) (18) (195) (1) (339) (152) 485 (288) (189) 5 (137) (4) 7 * 3$ 87 28 (346) (9) (240) (22) 29 7$ (47) 21 (50) 23 3 (50) 6 23 29 The accompanying summary of significant accounting policies and notes are integral parts of this statement. 25 Notes to Consolidated Financial Statements 1. Contingent Liabilities The Company is a co-defendant with former manufacturers and distributors of products containing asbestos and with miners and suppliers of asbestos fibers (collectively, the Producers) in per sonal injury and property damage litigation. The personal injury claimants generally allege injuries to their health caused by inhala tion of asbestos fibers from the Company's products. The property damage claims generally allege property damage to school, public and commercial buildings resulting from the presence of products containing asbestos. Virtually all of the asbestos-related lawsuits against the Company arise out of its manufacture, distribution or sale of an asbestos-containing calcium silicate, high temperature insulation product, the manufacture of which was discontinued in 1972. As of December 31. 1991. approximately 85.400 asbestos personal injury claims were pending against the Company. The Company received approximately 20.700 such claims in 1991. 22.400 in 1990 and 22.100 in 1989. Through December 31. 1991. the Company had resolved (by settlement or otherwise) approximately 74.000 asbestos personal injury claims. During 1991. the Company resolved approximately 15.500 such claims and incurred total indemnity payments of $145 million (an average of approximately $9,300 per case). The Com pany also agreed in principle to settle approximately 17.000 addi tional cases which will be processed and reflected in settlements during 1992 and 1993. Although the precise amounts are subject to certain contingencies, the payments in these additional cases are expected to be in line with the Company's settlement averages in 1990 and 1991. During 1990. the Company resolved approxi mately 12.200 asbestos personal injury claims and incurred total indemnity payments of $117 million (an average of approximately $9,600 per case). The Company's indemnity payments have varied considerably over time and from case to case, and are affected by a multitude of factors. These include the type and severity of the disease sustained by the claimant (i.e., mesothelioma, lung cancer, other types of cancer, asbestosis or pleural changes); the occupa tion of the claimant; the extent of the claimant's exposure to asbestos-containing products manufactured or sold by the Com pany; the extent of the claimant's exposure to asbestos-containing products manufactured or sold by other Producers; the number and financial resources of other Producer defendants; the jurisdic tion of suit; the presence or absence of other possible causes of the claimant's illness: the availability or not of legal defenses such as the statute of limitations or state of the art; whether the claim was resolved on an individual basis or as part of a group settle ment: and whether the claim was settled directly by the Company or by the Asbestos Claims Facility (the "ACF"). The ACF. which had been in operation since June 1985 to provide for the joint eval uation. settlement and defense of asbestos personal injury claims 26 bv the Company and certain other Producers and insurance com panies. dissolved on October 3. L988. The Company's per case indemnity payments have decreased since the dissolution of the ACF. The disease mix of asbestos personal injury claims against the Company appears to have declined m severity in recent years. Moreover, many of the claims involve workers from occupations with limited, if any. exposure to the Company's asbestos products. The courts and litigants are engaged in various efforts to develop suitable methods for resolving certain of the problems associated with the asbestos personal injury litigation (including the accumu lation of a large backlog of cases awaiting trial in certain federal and state courts: the high transaction costs, both for plaintiffs and defendants, of the preparation and trial of such lawsuits: and the weakened financial condition of certain of the defendants). For example, on July 29. 1991. the Judicial Panel on Multi-district Litigation issued an order transferring all asbestos personal injury cases pending in the federal courts to the United States District Court for the Eastern District of Pennsylvania, before Judge _ Charles R. Weiner, for coordinated pre-trial proceedings. The federal caseload represents approximately one-third of the total number of cases pending against the Company: the remaining two-thirds of the cases are pending in state court and are not affected by the Panel's order, which excepts from transfer only those federal cases which were then in trial. Other developments include the institution or consideration of so-called "pleural regis tries" or inactive dockets for plaintiffs who do not allege significant functional impairment as a result of asbestos exposure: consoli dated trials involving numerous plaintiffs (including consolidated trials of the claims of several thousand plaintiffs in state courts in Charleston. West Virginia and Jackson County, Mississippi (both recently settled) and in Baltimore. Maryland): the Chapter 11 bankruptcy filings of Celotex. Eagle-Picher Industries and H.K. Porter, formerly co-defendants with the Company in most of the pending asbestos personal injury lawsuits: the effort by EaglePicher Industries, prior to its bankruptcy, to obtain certification of a mandatory federal limited fund class action involving all present and future asbestos personal injury claims: the approval by the federal district and bankruptcy courts of a purported mandatory federal limited fund class action settlement restructuring the Manville Personal Injury- Settlement Trust, which approval is now on appeal to the United States Court of Appeals for the Second Circuit: and the filing by certain plaintiffs in July 1990 of a pur ported national class action against approximately 80 Producer defendants (including the Company) in federal court in Beaumont. Texas (this proceeding has been transferred to the Eastern District of Pennsylvania pursuant to the Panel order and is currently inactive). The Baltimore consolidation referenced above involves approximately 9,000 cases. As presently contemplated, during the first phase of that trial, which is scheduled to com- mer thin cinir dam com uivc in d: cour sett neg< the i The asbe proc sion men and insu asbe Well the Mos reqi ing agai (inci Gua was in a awa Dep agre the > by ir As c bilbo ibles appl excf liabi the Corr Ass< In at cove as > be a assc .-e com case of the .vtainst it years, ations ifoducts. de^lop sociated iccumuederai icit'fs and and the For :rict ial injury district ige The e total tmng not r only opments al regissignificant ansdilidated courts in ! i both rU : H.K. ; of the aglecation of present ay the ndatory . the al is now Second a purducer eaumont. m is ed above aplated. com mence m February 1992. a jury is to render verdicts, among other ihmgs. on the so-called common issues relating to all 9.000 claims, including negligence, product defect, liability for punitive damages and a punitive damages multiplier to be applied to any compensatory damage awards that may be rendered at trials involving particular plaintiffs. The Company is actively engaged in discussions with other defendants and with various plaintiffs' counsel concerning the possible negotiation of a consensual settlement of the asbestos personal injury litigation. These negotiations are in an early stage and it is not possible to predict their outcome. The indemnity payments, defense fees and expenses related to asbestos personal injury claims are covered by the Company's products liability insurance policies, subject to deductibles, exclu sions. retentions and policy limits. The so-called Wellington Agree ment resolved certain disputes between subscribing Producers and subscribing insurers and confirmed favorable application of insurance coverage to the Company by signatory insurers for asbestos personal injury claims. These insurance provisions of the Wellington Agreement remain in effect despite the dissolution of the ACF. Most of the asbestos-related claims pending against the Company request punitive damages as well as compensatory damages. Dur ing 1991. a total of $5 million in punitive damages was entered against the Company in three trials involving three plaintiffs (including a $4 million award in a trial involving a single plaintiff in Guam). Prior to 1991, a total of $40 million in punitive damages was awarded against the Company (including a $25 million award in a trial involving a single plaintiff in the Virgin Islands, which award was subsequently reduced by the trial court to $2 million). Depending on insurance policy language, applicable law and agreements with its carriers, punitive damage awards against the Company may or may not be covered, in whole or in part, by insurance. As of December 31.1991, the Company had approximately $1.13 billion in unexhausted insurance coverage (inclusive of the deduct ibles described below) under products liability insurance policies applicable to asbestos personal injury claims. This amount excludes approximately $116 million in coverage under products liability insurance policies issued by carriers that are presently the subject of insolvency proceedings. In third quarter 1991, the Company settled claims against the Ohio Insurance Guaranty Association in respect of these insolvent carriers for $29 million. In addition, the Company has substantial unexhausted insurance coverage under certain non-products liability insurance policies; an as yet undetermined amount of coverage under such policies may be available for payment of asbestos personal injury claims and associated defense fees and expenses. .Ail of the Company's products liability insurance policies cover defense fees and expenses, and indemnity payments. Certain of the Company's policies (so called "G" policies) cover defense fees and expenses without reducing amounts available under the policies for indemnity payments, whereas under other Company policies, the payment of defense fees and expenses reduces the amount available for indemnity payments. The Company is cur rently operating under G policy coverage, as it did throughout 1991. If indemnity payments during the first quarter of 1992 con tinue at the rate experienced during 1991. the Company's G policy coverage would be exhausted in March 1992. In such event, the Company currently estimates that defense fees and expenses for the portion of 1992 subsequent to exhaustion of G policy coverage would be approximately $40-50 million. The Company has filed suit against certain of its insurance car riers concerning the proper interpretation of the "per occurrence" deductible provisions of certain of its products liability insurance policies. The Company takes the position that the manufacture and sale of its asbestos-containing products constituted a single occur rence for purposes of calculation of the applicable deductibles, whereas the insurers contend that each asbestos personal injury claim constitutes a separate occurrence. If the insurance carriers' position is sustained by the courts, the Company would have to pay. over a period of years, a total of approximately $230 million in deductibles if it were to fully access its unexhausted products lia bility insurance applicable to asbestos personal injury claims- If the Company's position is sustained, the Company will obtain an addi tional $72 million in products liability insurance coverage and would be required to pay approximately $80 million in deductibles if it were to fully access its unexhausted insurance coverage. Historically, the Company has charged earnings on an accrual basis for the uninsured costs of the pending personal injury asbes tos claims, including the deductibles described above. The charges have taken into consideration factors such as the estimated ultimate cost of resolving such claims, the period of time for the resolution of the claims, and the uncertainties existing in connection with the contingency. The charges were on a basis consistent with the insurance carriers' position described above and were $24 million in each of 1991 and 1990 and $50 million in 1989. Since the Com pany has changed its accounting estimate, as described below, to include the estimated liability for certain unasserted claims in addition to pending claims, the Company has discontinued accruing for the costs of claims as they are received. The Company expects additional asbestos personal injury claims to be filed in the future. Historically, the Company has not been able to estimate, and has not provided for. the cost of unasserted asbestos personal injury claims. As of year-end 1991. however, the Company has again reviewed the feasibility of making provision for such costs. In conducing this review, the Company has relied. 27 1. Contingent Liabilities (Continued) among other things, on the experience and information it has obtained dunng the three-year period it has been responsible for the evaluation, settlement, and defense of asbestos personal injury claims following the dissolution of the ACF. As a result of this review, the Company has taken a non-recurring charge to earnings of $800 million in 1991 in addition to the $24 million described above. This charge reflects the Company's best estimate of the uninsured indemnity and defense costs that may be associated with unasserted asbestos personal injury claims that may be received by the Company during the years 1992 through 1999. The Company cannot estimate and is not providing for the cost of unasserted claims which may be received by the Company after the year 1999 because management is unable to predict the num ber of claims to be received after 1999. the severity of disease which may be involved and other factors which would affect the cost of such claims. The Company cautions that such factors as the number of future claims received by it. the rate of receipt of such claims and the indemnity and defense costs associated with such claims, as well as the prospects for confirming additional, applicable insurance coverage beyond the $1.13 billion (inclusive of deductibles) refer enced above, are influenced by numerous variables that are diffi cult to predict and that estimates, such as the Company's, which attempt to take account of such variables are subject to consider able uncertainty. Accordingly, the actual uninsured costs associated with asbestos personal injury claims received by the Company during the years 1992 through 1999 may be higher or lower than those provided for by the $800 million charge to earnings in 1991. The Company will review the adequacy of its provision for the uninsured costs of pending and unasserted claims on a periodic basis and make such adjustments to its reserves as may then be appropriate. As a result of its charges for asbestos litigation, the Company had related reserves of $955 million and $131 million (including $5 mil lion and $3 million in current liabilities) as of December 31,1991 and 1990. respectively. The Company had deferred tax assets of $336 million and $46 million (including $5 million and $2 million in current deferred tax assets) as of December 31.1991 and 1990. respectively, related to these asbestos reserves. Although the Company has accrued an estimate for the uninsured costs of both asserted and unasserted asbestos personal injury claims, as described above, such claims are not typically resolved, nor the related cash outlays made, until four to six years after receipt. Accordingly, the Company's products liability insurance policies should cover virtually all of the Company's cash expendi tures for indemnity and defense costs for asbestos personal injury claims through 1996 or 1997 (except for the deductibles described above and for a small number of claims involving product exposure 28 outside the coverage periods of the Company's unexhausted prod ucts liability policies). The cash expenditures (except for deduct ibles) in respect of the unasserted claims covered by the $800 mil lion charge to 1991 earnings are expected to be incurred over a period of approximately seven years, commencing in 1996 or 1997 and continuing until 2003 or 2004. As noted above, the cash outlays tor the uninsured costs of the asbestos personal injury claims may be substantia! over time. However, management believes that any such cash outlays would not impair the ability of the Company to meet its obligations or to carry out its plans to substantially reduce its indebtedness, rein vest in its businesses, and take advantage of attractive opportuni ties for growth. By the time any such uninsured costs would be paid in cash (except in respect of the deductibles described above), the Company.expects to have substantially reduced its outstanding indebtedness and associated interest costs and to have increased its operating cash flow from 1991 levels, which were adversely affected by the general recession. Accordingly, although any opinion is necessarily judgmental and must be based on information now known to the Company, in the opinion of management, based on the Company's experience with these claims to date, the Company's assessment of the number, nature and severity of the pending claims and of the trends in the filing of such claims, and of other factors affecting the litigation, and the Company's analysis of its insurance coverage and existing reserves, and of the Company's future business, financial pros pects and cash flows, the additional uninsured costs which may arise out of pending personal injury and property damage asbestos claims and additional similar asbestos claims filed in the future will not have a materially adverse effect on the Company's financial position. In October 1991. the Company and certain of its officers and directors were named as defendants in a lawsuit captioned Gaetana Lavalle v. Owens-Coming Fibergias Corporation, et at in the United States District Court for the Northern District of Ohio. Lavalle purports to be a securities class action on behalf of all purchasers of the Company's common stock during the period November i, 1988 through October 18. 1991. The complaint alleges that the Company's disclosures during the alleged class period contained material misstatements and omissions concerning its contingent liabilities for asbestos claims. The complaint seeks an unspecified amount of damages (including punitive damages) on the theory that such alleged misstatements and emissions artifi cially inflated the price of the Company's stock. Various other lawsuits and claims arising in the normal course of business are pending against the Company, some of which allege substantial damages. Management believes that the outcome of these lawsuits and claims will not have a materially adverse effect on the Com pany's financial position or results of operations. 2. Long In ttc.h' ( r.-,ccure 'arubit Insecure uanadi. >e::n>r ?u: : u.'inert::: aebertt o>r.\er: i uararUc: Ji'M. : Notes `iu 11 Jo i iuurat'.irt LI ' Bond', pa m Debenture annual >4 rr.iilu Industrial IVW.J th. i 75^ i Debenture to annui SJ mittic Bonds, pa1 Jt H XI. ` Extendai ihroux Junior su' due in discou; Debentur due m i Less: d prodduct* >00 mil- er j or the e. would j or to rein* irtunid be . its to have ere 1 and in the nber. in the cion. existing rosmay isbestos ure will Trial nd he all iod ait class teeming seeks iges) on artifi cer s are ntial lawsuits Com- 2. Loog-Terni Oebt /,; *' M'-'-H_ _ ... L nsecured credit facility due m 1994. variable Unsecured credit facility, payable m Canadian dollars, due m 1994. variable subordinated debentures due in jihiJ. 11.751 Convertible junior subordinated debentures due in 2005. 31 convertible at 529.75 per share Guaranteed debentures due in 2lXH. 101 Notes due through 2007. 4. / 51 to 14.251- payable in foreign currencies Guaranteed debentures due in 1998. 9.31 (Note 151 Bonds, payable in Deutsche marks, due m 2000. 7.251 (Note 15) Debentures due in 2010. 121. subject to annual sinking fund requirements of .34 million Industrial revenue bonds, maturing from 1993 through 2012. at rates from 5.751 to 10.251 Debentures due in 2000. 9.51. subject to annual sinking fund requirements of 83 million Bonds, pavable in Swiss francs, due in 2000. 5.3751 Extendable notes due in 2005. 11.151 through 1993 Junior subordinated discount debentures due in 2006 (net of unamortized discount of 820 million in 1990) Debentures, payable in Canadian dollars. due in 1991. 101 1991 199IJ 193 5 208 56 191 240 240 173 150 100 99 50 113 50 46 51 22 22 20 21 9 10 68 -- 189 - 30 Less: Current portion 1,166 (18) 1.133 (47) Total long-term debt $1,148 5 i.086 The Company has two unsecured, variable race bank credit facilities. The first facility has a maximum commitment of 8475 million at December 31. 1991 <ot which 8282 million was unused', reducing to 3325 million over its remaining 2- . year term. The rate of interest at December 31. 1991. is the lower of the bank's base rate. ' -1 over the certificate of deposit race, or .1 over the London Interbank Offered Rate LiBORj. The margin over the interest rate, as described above, reduces as the amount of debc outstanding under the facility is reduced. The rate of inter est on borrowings under this facility was 5.41 at December 31. 1991. A commitment fee of of 11 is charged on the unused portions of this facility. The second facility, established in 1989 to finance the acquisition of Fiberglas Canada Inc. (FCI) (Note 17). is payable in Canadian dollars and has a maximum commitment of 135 million Canadian dollars (8117 million I'.S.) at December 31. 1991. of which 71 million Canadian dollars ($61 million L'.S.) is unused. The rate of interest at December 31. 1991. is the lower of the Canadian prime rate, or -6 of 11 over the Canadian bankers' acceptance rate, or J/v of 11 over the Canadian cost of funds rate. The rate of interest on borrowings under this facility was 8.21 at Decern* ber 31. 1991. A commitment fee ofJ/- of 11 is charged on the unused portions of this facility. The agreements relating to the facilities described above contain covenants which include requirements for the maintenance of working capital and minimum coverage of fixed charges, restrictions on the early retirement of debt and on additional borrow ings. limitations on capital expenditures and certain investments. a minimum cash EBIT requirement, and restrictions on the payment of dividends and purchase of Company stock. The agreements include a change of control provision which would result in all of the unpaid principal and all of the accrued interest of the facilities becoming due immediately upon a change of control in ownership of the Company. A material adverse change in the Company's business, assets, liabilities, financial condition or results of operations constitutes a default under the agreements. In April 1991. the Company issued $173 million of convertible junior subordinated debentures, due December 30. 2005. with an interest rate of 81 per annum, payable semi-annually. The debentures are subordinated to all present and future indebtedness of the Company and may be redeemed at the option of the Company beginning June 30. 1994. Prior to redemption or matu rity. the debentures are convertible into shares of common stock of the Company at a conversion price of 829.75 per share, sub ject to adjustment in certain events. The Company has reserv ed approximately six million additional shares of common stock necessary tor conversion. 29 2. Long-Term Debt (Continued) In June 1991. a European subsidiary of che Company issued $150 million of guaranteed debentures, due June 1. 2001. with an inter est rate of 10? per annum, payable semi-annually. The debentures are unsecured and rank- equally with all other unsecured and unsub ordinated indebtedness of the issuer and are unconditionally guaranteed by the Company. In August 1991. FCI. a foreign subsidiary of the Company, issued $100 million of guaranteed debentures, due August 15. 1998. with an interest rate of 9.8af per annum, payable semi-annually. The debentures are unsecured and rank equally with all other unse cured and unsubordinated indebtedness of the issuer and are unconditionally guaranteed by the Company. In December 1991. the Company called at par the remaining out standing principal amount of $208 million of its juntor subordinated discount debentures due in 2006. No significant gain or toss was realized. During 1990 and 1989. the Company purchased, prior to maturity, portions of its junior subordinated discount debentures having face values of $125 million and $12 million, respectively. Purchases in 1989 were made at prices which approximated book value. Purchases in 1990 were made at prices in excess of book value and resulted in an extraordinary' loss of $1 million ($.03 per share), net of related income taxes of $1 million. The senior subordinated debentures are subject to annual sinking fund requirements of $60 million starting in 1997, and may be redeemed by che Company at par. The senior subordinated debentures are subordinated to all other debt. During 1990 the Company purchased, prior to maturity, a portion of its senior subordinated debentures having face value of $60 million. The purchase was made at a price in excess of book value which resulted in an extraordinary loss of $1 million ($.02 per share), net of related income taxes of $1 million. As a result of this purchase, the Company's sinking fund requirement for this debt issue is deferred until 1998. The aggregate maturities and sinking fund requirements for all long-term debt issues for each of the five years following December 31. 1991 are: Year (In miliums of dollars/ Amount 1992 1993 1994 1995 1996 $ 18 31 287 13 31 3. Short-Term Debt 7/i millions or dollars/ 1991 1990 Balance outstanding at December 31 Weighted average interest rates on short term debt outstanding at December 31 S 6 $ 167 11.5% 9.5`" The Company had short-term unused lines of credit totalling $232 million and $168 million at December 31. 1991 and 199<>. respectively. 4. Science and Technology Expenses Science and technology expenses include research and develop ment costs of $43 million in 1991. $46 million in 1990. and $35 million in 1989. In addition to research and development costs, science and technology expenses include continuing commercial activities such as engineering and product modifications tor special applications and testing. D. re pu SK 11 i. I F h \ l Sc Pe W; Ot Re Ot De 30 I I99u S 167 ng ->90. elop$35 >sts. ercial r e, 10 i 5. Incom* Tax** h, millions 01 dollam Income doss) before provision icrediti for income taxes: L'.S. Foreign Total 1991 1990 1989 $ (749) S HO) $(759) $ 140 $ (12) 128 $ 169 97 266 Provision (credit) for income taxes: Current L'.S. State and local Foreign Total current $ 53 $ 8 9 70 Deferred US. State and local Foreign Total deferred (308) (9) 9 (308) Total provision (credit) for income taxes $(238) $ 42 $ 11 20 73 1 (2) (14) (15) 58 $ 46 13 48 107 (2) (2) (4) 103 Deferred income taxes result from timing differences in the recognition of certain items for income tax and financial statement purposes. The sources of these differences and the net tax provi sions are: (In millions ofdollars) 1991 1990 1989 Asbestos litigation claims Depreciation Furnace rebuild reserves Interest expense Vacation pay Undistributed earnings of foreign subsidiaries State and local tax expense Pension expense Warranty and product liability accrual Other postretirement benefits Restructuring Other Deferred tax credit *(290) $ (14) (4) 1 (2) (8) $ 19 (1) (9) (1) (13) 5 (2) 14 2 10 (17) 32 (U - 2 (2) (4) w (5) 3 (2) $(308) $ (4) - 4 (15) $ (3) - (4) 1 (4) The reconciliation between the L'.S. federal statutory rate and the Company's effective income tax rate is: 1991 1990 1991 US. federal statutory rate Operating losses of foreign subsidiaries Difference between foreign tax rates and U.S. statutory rate Provision for taxes on undistributed earnings of foreign subsidiaries State and local income taxes Other Effective tax rate 34% (2) 34ac 17 34<* 1 34 (2) _ 31% (13) 5 (1) 45<7c 5 3 (7) 39* At December 3l, 1991, the Company had book net operating loss carryforwards for certain of the Company's foreign subsidiaries of * approximately $100 million, the benefit of which has not been reflected in the financial statements. For tax return purposes, these foreign subsidiaries have a tax net operating loss carry forward of approximately $75 million at December 31. 1991. which will, if unused, expire through 1998. In the fourth quarter of 1989. the Company reached a settlement with the Internal Revenue Service concerning the treatment of specific assets for federal income tax purposes. The impact of this settlement increased 1989 net income by approximately S38 million which resulted from the reduction of previously estab lished interest accruals and a refund of previously paid interest and taxes. In December 1987. the Financial Accounting Standards Board (FASB) issued Statement No. 96. "Accounting for Income Taxes '. In December 1991, the FASB delayed the requirement to adopt the new standard until fiscal years beginning after December 15. 1992. In June 1991. the FASB issued an exposure draft which would supersede Statement No. 96. A final statement is expected to be issued in the first quarter 1992, with an effective date for fiscal years beginning 1993. The estimated impact of the state ment is not known at this time. 31 6. Inventories During 1991. certain inventories were reduced, resulting tn the liquidation of UFO inventory layers carried at lower costs in prior vears 3$ compared with the current cost of inventory. The effect of these inventory reductions was to reduce 1991 cost of sales by $6 million. Inventories are summarized as follow's: hi millions of dollars! Fintshed goods Materials and supplies Less: Reduction to LIFO basis 1991 1990 $ 192 $ 211 122 135 314 (95) 346 (109) $219 $ 237 Approximately $99 million and S95 million of net inventories were valued using the LIFO method at December 31. 1991 and 1990. respectively. 7. Investments in Affiliates At December 31. 1991. the Company's affiliates, which generally are engaged in the manufacture of fibrous glass products for the insulation, construction, reinforcements, and textile markets, are: Parewt Ownership 1991 Percent Ownership 1990 Amiantit Fiberglass Industries. Ltd. (Saudi Arabia) .Arabian Fiberglass Insulation Company (Saudi .Arabia) Asahi Fiber Glass Company. Ltd. (Japan) CAE Fiberglass. Ltd. (Canada) Luckv Fiber Glass Corp. (Korea) Polyplaster, S.A. (Brazil) Siam GRP Industries (Thailand) Vitro-Fibras. S.A. (Mexico) 30.0% 49.0 28.0 28.0 30.0 20.0 40.0 30.0^ 49.0 28.0 25.0 31.7 40.0 Summarized total financial information for the Company's affiliates, including the operating results of FCI prior to its becoming a wholly owned subsidiary in 1989 (Note 17): 'In Millions ofdollars) At December 31: Current assets Noncurrent assets Current liabilities Noncurrent liabilities For the year: Net sales Gross margin Net income 1981 1990 1989 8164 231 208 58 $ 185 222 241 55 $ 155 202 210 52 467 398 617 100 91 167 27 20 34 The Company's equity in undistributed net income of affiliates was S26 million at December 31. 1991. 32 8. Accounts Payable and Accrued Liabilities 'In Millions or dollars/ 1991 Accounts payable Payroll and vacation pay Payroll, property, and miscellaneous taxes Other postretirement benefits liability Restructuring Other $ 156 66 37 19 18 113 $ 409 199<> S 170 61 37 52 9$ $ 418 9. Consolidated Statement of Cash Flows The Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents. Cash equivalents include time deposits of $4 million as of Decem ber 31. 1990. Cash payments for income taxes and cost of borrowed funds are summarized as follows: 'In Millions of dollars/ Income taxes Cost of borrowed funds 1991 $ 85 108 1990 $ 77 130 1989 S 127 126 10.Leases The Company leases certain office and warehouse facilities and equipment under operating leases, some of which include cost escalation clauses, expiring on various dates through 2010. Total rental expense charged to operations was $44 million in 1991. $39 million in 1990. and $40 million in 1989. At December 31. 1991. the minimum future rental commitments under noncanceilable leases payable over the remaining lives of the leases are: Period <ln millions 0/ dollars/ Minimum Future Rental Commitments 1992 1993 1994 1995 1996 1997 through 2010 $ 22 18 ll 7 4 16 $ 78 <1. Stock Compensation Plans I([' December 31. 1991. the Company's shareholders have authorized 6.300.WU common shares tor the granting of stock elating to its stock compensation plans. These plans provide that common shares may be granted for stock options, stock apprecia te rights, deferred stock awards, restricted stock, and for the <ale of stock as part of stock purchase awards. Stock Options Activity during 1991 and 1990 in shares under option are: Number of Shares 1991 Price (tense Per Shere 1990 Number of Shares Price Range Per Share Beginning oi vear Options granted Options exercised Options cancelled 1,878,803 771,800 644898 21,516 512.13-2888 1788-28.75 12.13-23.13 12.13-2875 1.369.567 592.500 43.330 39.334 $12.13-26.88 18.75 12 13 19 13 12.13-23.13 End of year 1,981,989 512.13-2888 1.378.803 $12.13-26.88 Exercisable 822428 512.13-2888 1.037.161 $12.13-26.88 Option prices represent the market price at date of grant. Shares issued under options are recorded in the common stock accounts at the option price. Options granted vest ratably through 1997. Stock Appreciation Rights Stock appreciation rights tSARs) have been granted to employees in tandem with some stock options, and may be paid in cash or stock. At December 31. 1991. rights covering 323.071 shares were outstanding and exercisable. The Company accrues expense in connection with the SARs to the extent that the market price of its common stock exceeds the grant price of the shares subject to such rights. Total SARs expense was $7 million for 1991. $6 million credit tor 1990 and $4 miiiion expense for 1989. Deferred Stock Awards At December 31. 1991. the Company had 728.997 shares of deferred stock outstanding. Deferred stock awards vest ratably from 1990 through 1994. During 1991. no deferred stock was granted. 21.000 shares were cancelled and 366.203 shares were issued. Compensation expense is measured based on the market price of the stock at date of grant and is recognized on a straight-line basis over the vesting period. Restricted Stock Awards At December 31. 1991. the Company had 360.250 shares of restricted stock outstanding. Stock restrictions lapse in 1999. Stock Purchase Awards The Company has made stock purchase awards under which certain employees have purchased 894.700 shares. No purchases were made by employees in 1991 or 1990. 12. Share Purchase Rights Each outstanding share of the Company's common stock includes a preferred share purchase right. Each right entitles the holder to buy from the Company one one-hundredth of a share of Series A Participating Preferred Stock of the Company at a price of 850. The Board of Directors has designated 450.000 shares of the Company's authorized preferred stock as Series A Participating Preferred Stock. There are currently no preferred shares outstanding. Rights become exercisable and detach from the common stock ten days after a person or group acquires, or announces a tender offer for. 20^ or more of the Company's outstanding shares of common stock. The rights expire on December 30. 1996. unless redeemed earlier by the Company. The rights are redeemable by the Com pany at one cent each at any time prior to ten days following public announcement or notice to the Company that an acquiring person or group has purchased 20^ or more of the Company's outstand ing common stock. If the Company is acquired in a merger or other business combination at any time after the rights become exercisable, each right would entitle its holder to buy shares of the acquiring or surviving company having a market value of twice the exercise price of the right. 33 13. Postretirement Benefits Other Than Pensions The Company and its subsidiaries maintain health care and life insurance benefit plans. Individuals participating in these plans include retired employees and their dependents. The health care plans are unfunded and pay either 1) stated percentages of cov ered medically necesssry expenses incurred by retirees, after subtracting payments by Medicare or other providers and after stated deductibles have been met. or 2) fixed amounts of medical expense reimbursements. Employees become eligible to partici pate in the health care plans upon retirement under one of the Company's pension plans. Some of the plans are contributory, with some retiree contributions adjusted annually. The Company has reserved the right to change or eliminate these benefit plans subject to the terms of collective bargaining agreements during their term. The Company adopted Statement of Financial Accounting Stan dards No. 106. "Employers' Accounting for Postretirement Benefits Other Than Pensions" as of January 1.1991. for its domestic plans. This new standard requires that the expected cost of these postretirement benefits must be charged to expense during the years that eligible employees render service. The Company has elected to charge the cumulative effect of the unfunded obligation of $344 million pre-tax ($227 million after-tax) against earnings as of January 1. 1991. The effect of this change in accounting was to decrease 1991 pre-tax income by $362 million. Prior to 1991. the Company recognized postretirement health care costs in the year that the benefits were paid. These costs were $24 million in 1990 and $21 million in 1989. Total retiree health care and life insurance expense was $35 million for 1991 under the new standard. The following table reconciles the status of accrued postretirement health care cost liability at October 31. 1991. as reflected on the balance sheet as of December 31. 1991: fin millions of dollars) 1991 Accumulated Postretirement Benefit Obligation: Retirees Fully eligible active plan participants Other active plan participants $ 1237) (27) (98) Accrued postretirement health care cost liability (includes current liabilities of $19 million) $ (362) Net postretirement health care cost for 1991 included the following components: fin millions ofdollars) 1991 Service cost Interest cost on accumulated postretirement benefit obligation $6 29 Net postretirement health care cost $ 3S For measurement purposes, an 11.5% annual rate of increase in the per capita cost of covered health care claims was assumed for 1992. The rate was assumed to decrease to 11.0% for 1993. then decrease gradually to 8%. The health care cost trend rate assumption has a significant effect on the amounts reported. To illustrate, increasing the assumed health care cost trend rates by one percentage point in each year would increase the accumu lated postretirement benefit obligation as of October 31.1991. by $35 million and the aggregate of the service and interest cost components of net postretirement health care cost for the year then ended by $5 million. The discount rate used in determining the accumulated postretirement benefit obligation was 8.6%. 34 14. Pension Plans The Company ha* -several pension plans covering substantially all iuil-time employees. Under the plans, pension benefits are generally based on an employee's number of years of service and compensation. Com pany contributions to pension plans are based on the calculations of an independent actuary using the projected unit credit method. Plan assets consist primarily of domestic and foreign equity secu rities with the balance in fixed income investments. The unrecog nized cost of retroactive amendments and actuarial gains and losses are amortized over the average future service of plan participants expected to receive benefits. Pension expense for the Company's defined benefit pension plans includes the following: `In millions of dollars/ Service cost Interest cost on projected benefit obligation Actual (return) loss on plan assets Net amortization and deferral 1991 $ 18 58 (147) 75 1990 S 21 58 34 11 IQ) 1989 S 18 53 (114) 51 Net pension expense S4 S3 1 58 The funded status at October 31. 1991 and 1990 is as follows: `In millions or dollam Vested benefit obligation 1991 S 492 1990 5 442 Accumulated benefit obligation $ 589 5 526 Plan assets at fair value Projected benefit obligation Over `under) funded status Less: Unrecognized loss (gain) Unrecognized prior service cost Unrecognized transition amount $ 715 691 24 31 (32) (74) 5 614 625 ill) 74 (29) (79) Net pension liability (includes current liabilities of 89 million in 1991 and 51 million in 1990 and $12 million in other noncurrent assets in 1991) $ (SI) S (45) The 1991.1990 and 1989 primary actuarial assumptions used for * pension plans were: 1991 1990 1989 Discount rate Expected long-term rate of return on assets Rate of compensation increase 8.6% 9.5* 8.9* 10.0% 10.0* 4.5% 4.5* 10.0* 4.5* The Company also sponsors defined contribution plans available to substantially all domestic employees. Company contributions tor the plans are based on matching a percentage of employee savings up to a maximum savings level. The Company's contribution was $7 million in 1991. $6 million in 1990, and $6 million in 1989. ! 35 15. Financial Instruments With Off*Balance*Sheet Risk and Significant Group Concentrations of Credit Risk The Company is a party to financial instruments with off-balancesheet risk in the norma! course of business to help meet financing needs and to reduce exposure to fluctuating foreign currency exchange rates. The Company is exposed to credit loss in the event of nonperformance by the other parties to the financial instruments described below. However, the Company does not anticipate nonperformance by the other parties. The Companydoes not generally require collateral or other security to support these financial instruments. The Company enters into forward currency exchange contracts to hedge against foreign currency fluctuations on certain assets and liabilities denominated in foreign currencies. As of December 31. 1991. the Company had forward currency exchange contracts maturing in 1992 to exchange 2 billion Belgian francs into 9 million British pounds. 20 billion Italian lira. 76 million Swedish krona and various other currencies. The Company has a forward currency exchange contract maturing in 1992 to exchange 190 million Swed ish krona against approximately $31 million U.S. dollars to hedge an equity investment in a European subsidiary. Gains and losses on hedges of net investments in foreign subsidiaries are included m stockholders' equity. Gains and losses on other foreign currencyhedges are included in income in the year in which the exchange rates change. As of December 31. 1991. the Company had entered into three interest rate swap agreements to reduce the interest rates on its fixed rate borrowings. These agreements effectively convert an aggregate principal amount of $100 million of fixed rate long-term debt into variable rate borrowings with interest rates ranging from 5.1259 to 9.6789. The agreements mature in August 1998. The differential interest to be paid or received is accrued as interest rates change and is recognized over the life of the agreements. FCI has a cross-currency interest rate conversion agreement from U.S. dollars into Canadian dollars to hedge the interest and princi pal payments of its 9.89 guaranteed debentures, due in 1998. The agreement establishes a fixed interest rate of 12.0659. The Company has a cross-currency interest rate conversion agreement from Deutsche marks into U.S. dollars to hedge the interest and principal payments of its 7.259 Deutsche mark bonds, due in 2000. The agreement establishes a fixed interest rate of 11.19. . 16. Restructuring of Operations During the fourth quarter of 1990. the Company initiated a restructuring plan to reduce costs and further integrate North .American operations in response to weakness m many of its major markets. In connection with this pian. the Company recorded a $65 million pre-tax charge which included $26 million for personnel reductions. $14 million for the write-down of fixed assets and $25 million for other items. During the fourth quarter of 1989. the Company initiated its North .American restructuring plan to reduce costs and integrate its facilities with those of Fiberglas Canada Inc. (Note 17). [n con nection with this plan, the Company recorded a $30 million pre-tax charge which included $19 million for severance and early retire ment benefits and $11 million for the write-down of fixed assets and for other related costs. 17. Acquisition of Flborglas Canada Inc. In August 1989. the Company acquired approximately 509 of the # outstanding capital stock of Fiberglas Canada Inc. 'FCI) for $197 million. Prior to the acquisition, the Company owned approxi mately 509 of FCI and accounted for such investment using the equity method. Beginning with the fourth quarter of 1989. the financial position and results of operations of FCI are reflected on a consolidated basis in the accompanying consolidated financial statements. The acquisition has been accounted for under the purchase method, whereby the purchase price of the additional capital stock has been allocated to the underlying assets and liabilities based on their respective fair values at the date of acquisition. Summarized below are the unaudited consolidated results of oper ations of the Company and FCI on a pro forma basts as though FCI had been acquired as of the beginning of 1989. These results include certain adjustments, primarily increased amortization, depreciation, and interest expense, and are not necessarily indica tive of what the results would have been had the Company owned - FCI during the period. 'In millions of dollars, except share data. 19^9 Net sales Income before extraordinary item Net income Per share of common stock: Income before extraordinary item Net income $ 3.191 157 157 ,5 3 73 3.72 36 18. Reclassifications Certain reclassifications have been made to 1990 and 1989 to con form with the classifications used m 1991. including the reclassifi cation of cash discounts on sales from other expenses to net sales. 19. Industry Segments The Company operates in two industry segments, the Construc tion Products Croup and the Industrial Materials Croup and reports its results in two ways: by business segment and geographically. The business segments are as follows: Construction Products Production and sale of glass wool fibers formed into thermal and acoustical insulation and air ducts; roofing shingles, built-up roofing systems and asphalt materials; calcium silicate insulation: and underground storage tanks. Industrial Materials Production and sale of glass fiber yams, rovings, mats, strand and reinforcement products, and resins and gelcoats- The business segment reporting is as follows: Construction Products Group, with a breakdown of results by principal business areas - the United States, and Canada and other: Industrial Materials Group, with results detailed for the United States, and Europe and other. The geographic reporting combines the two business segments within the major regions: United States. Europe and other, and Canada. Intercompany sales are generally recorded at market or equivalent value. Income (loss) from operations by industry segment consists of net sales less related costs and expenses. (n computing income floss) from operations by segment, cost of borrowed funds and other general corporate income and expenses have been excluded. Certain corporate operating expenses directly traceable to industry segments have been allocated to those seg ments. The pre-tax charge of $65 million related to the Company's restructuring (Note 16) reduced 1990 income (loss) from opera tions for the Construction Products Group by $8 million in the United States and $41 million in Canada and other: the Industrial Materials Group by $1 million in the United States and $7 million in Europe and other: and increased the general corporate expense by $8 million. In 1989. the Company recorded $30 million in restructuring charges, which reduced 1989 income from opera tions for the Construction Products Group by $9 million in the United States and $4 million in Canada and other: the Industrial Materials Group by $3 million in the United States: and increased the general corporate expense by $14 million. Identifiable assets by industry segment are those assets that ar^ used in the Company's operations in each industry segment and do not include general corporate assets. General corporate assets consist primarily of cash, time deposits, deferred taxes, and corporate property and equipment. 37 1 19. Industry Segments (Continued) 'In millions of dollars)'Sote 18) 1991 1990 Business Segments Net Sales Construction Products United States Canada and other Industrial Materials United States Europe and other SI #578 262 422 521 $1,704 303 469 593 2,783 3.069 Intercompany sales Construction Products United States Canada and other Industrial Materials United States Europe and other Eliminations Consolidated net sales -- 90 19 (109) $2,783 - 93 3 (96) $3,069 Incoma (Lott) from Oparationt Construction Products United States S 92 Canada and other 13 Industrial Materials United States 72 Europe and other 60 General corporate expense (865) Income (loss) from operations Cost of borrowed funds (628) (131) Income (loss) $ 131 (15) 107 106 (36) 293 (165) 1989 $1,755 172 520 517 2.964 _ - 71 1 (72) $2,964 $ 158 25 140 137 (28) 432 (166) provision for income taxes 8 (759) $ 128 $ 266 'In millions of dollars) 1991 1990 Business Segments Identifiable Attatt at Dacambar 31 Construction Products United States $ 583 $ 620 Canada and other 215 255 Industrial Materials United States 238 246 Europe and other General corporate 429 596 489 165 Investments in affiliates accounted for under the equity method 2,061 45 Total assets $2,106 !! 1,775 32 $1,807 Depreciation and Amortization Construction Products United States Canada and other $ 80 12 Industrial Materials United States 23 Europe and other 27 General corporate 10 $ 65 12 26 28 8 Total depredation and amortization $ 132 $ 139 1989 S 660 276 272 454 234 1.896 28 $1,924 $ 66 6 36 22 7 S 137 Additions to Plant and Equipment Construction Products United States $ 50 6 Industrial Materials 15 Europe and other 19 General corporate 5 Total additions 9 98 $ 54 9 25 26 7 $ 121 $ 57 3 26 31 8 $ 125 1 t| j - i j 1 38 1 19. Industry Segments (Continued) In millions o' dollars/ 'Sote 18) 1991 1990 Geographic Segments Net Sales United States Europe and other Canada $2,000 529 254 $2,173 582 314 2,783 3.069 Intercompany sales United States Europe and other Canada Eliminations Consolidated net sales 90 4 15 (109) $2,783 93 3 - (96) $3,069 1989 $2,275 548 141 2.964 71 l - (72) $2,964 Income (Loss) from Operations UnitedStates $ Europe and other Canada 87 6 General corporate expense (865) Income (loss) from operations Cost of borrowed funds (828) (131) Income (loss) before provision for income taxes $ (759) $ 238 118 (27) (36) 293 (165) $ 128 S 298 151 li (28) 432 (166) $ 266 <ln millions of dollars/ 1991 1990 Geographic Segments Identifiable Assets at December 31 United States $ 821 $ 866 Europe and other 376 429 Canada 298 315 General corporate 596 165 Investments in affiliates accounted for under the equity method 2,061 45 1.775 32 Total assets $2,106 SI.807 Depreciation and Amortization United States $ 83 Europe and other 25 Canada 14 General corporate 10 Total depreciation and amortization $ 132 $ 91 25 15 8 $ 139 Additions to Plant and Equipment United States $ 66 Europe and other 18 Canada 7 General corporate 5 Total additions $ 96 S 79 26 9 / $ 121 1989 8 932 399 331 234 1.896 28 $1,924 $ 102 22 6 " $ 137 $ 83 30 4 8 $ 125 39 20. Quarterly Financial Information (Unaudited) 'hi millions of dollars, except share data) 1991* Not Solos Cost of Solos Gross profit Incomo (Loss) before Extraordinary Itam and Cumulativo Effaot of Accounting Change Cumulative effect of accounting change Not Incomo (Loss) First Quarter Second Third Fourth $ 612 $ 735 $ 749 $ 687 501 678 580 527 S 111 $ 167 $ 169 5 160 $ (25) $ (227) S (252) $ 13 $ 13 $ 26 5 (529) 26 S (529) Not Incomo (Loss) Per Share Primary Income (loss) before extraordinary item and cumulative effect of accounting change Cumulative effect of accounting change Not Income (Less) Per Share s ('2) (5.58) s (6.20) s s .32 S .32 s .62 5(12.63) .82 $(12.83) Fully diluted Income (loss) before extraordinary item and cumulative effect of accounting change Cumulative effect of accounting change Not Income (Leas) Per Share `See .Voces l. 13 and 18 to the consolidatedfinancial statements. s$ (.62) (5.58) $ (6.20) $ s.32 .32 $ .59 5(12.83) .59 $(12.83) Previously reported 1991 interim financial statements have been revised to give effect to the adoption of Statement of Financial Accounting Standards No. 106 as ofJanuary 1, 1991. Net income (loss) per share and primary and fully diluted weighted average shares are computed independently for each of the quarters presented Therefore, the sum of the quarterly net income (loss) per share in 1991 does not equal the per share total for the year. 40 m <ln millions of dollars, except share data> 1990* Net sales Cost of sales Gross profit Income (loss) before extraordinary item and cumulative effect of accounting change Extraordinary loss from early retirement of debt Net income (loss) Primary and fully diluted net income (loss) per share Income (loss) before extraordinary item and cumulative effect of accounting change Extraordinary loss Net income (loss) per share *Set Notts 16 and IS to the consolidatedfinancial statements. ' First Quarter Second Third Fourth $ 740 $ 759 S 812 $ 758 538 558 611 597 $ 202 $ 201 $ 201 $ 161 $ 33 $ 39 $ 35 $ (32) (1) - - (1) $ 32 $ 39 $ 35 $ (33) $ .79 $ (.03) $ .76 $ .92 $ - .92 S .84 $ (.01) .83 $ (.77) (.01) (.78) 41 Director* and Officer* As of December 31. 1991 DIRECTORS William W. Bo**ch*n*t*ln 1.4 Former Chairman of the Board and Chief Executive Officer Owens-Coming Fiberglas Paul V. Oavarlo Senior Vice President and Chief Financial Officer Owens-Coming Fiberglas Chart** K. Exfay. Jr. 3. 4 Former Chairman of the Board and Chief Executive Officer NCR Corporation Landori Hilliard 3. 4.5 Partner, Brown Brothers Harriman&Co. Jam** R. Houghton 2. S Chairman of the Board and Chief Executive Officer Coming Incorporated David T. HcQowm 3 Of Counsel. Shearman & Sterling Putman C. Moaal*y, Jr. 1. 2. 4 President. Simpson Investment Company and Chairman Simpson Paper Company Pater L. Scott 1.2.4.5 Former Chairman of the Board The Black & Decker Corporation Max O. Wabar 1 Chairman of the Board and Chief Executive Officer Owens-Coming Fiberglas Directors serve on committees of the Board as indicated by the numbers following their names. 1. Executive Committee WHHam W. Boaschanstaln Acting Chairman 2. Compensation Committee Jamas R. Houghton Chairman 3. Audit Committee Chartas K. Exfay, Jr. Chairman 4. Trust Review Committee Furman . Moaalay, Jr. Chairman 5. Corporate Governance Committee CORPORATE OFFICERS Max 0. Wabar Chairman of the Board and Chief Executive Officer William W. Cotvill* Senior Vice President and General Counsel Chartas H. Dana Senior Vice President and President Industrial Materials Group PaulV. Davarto Senior Vice President and Chief Financial Officer Robart D. Haddan* Senior Vice President Human Resources Larry T. Safari Senior Vice President and President Construction Products Group Chartas D. McOltl Vice President Information Systems Dr. Jed R. Bandar Vice President Health, Safety and Environmental Affairs S*rt E. Elliott Vice President Administration WHHam F. Oant Vice President Tax Danial W. Dymarttowhl Vice President Industrial Relations C. Pater Hauck Vice President and Controller Dr. Jan L Kansan Vice President Medical and Health .Affairs Mlehaal 1. Millar Vice President and Treasurer Bradford C. Oalman Vice President Corporate Relations OUbartSoor* Vice President International Finance and Assistant Treasurer 42 TECHNOLOGY CONSTRUCTION PRODUCTS GROUP Or. Sharoil L. Mikssoll ''ice President Technology Dr. Grant F. Csrrvth Vice President Industrial Materials and International Research and Development Dr. Bobart L. Houston Vice President Construction Products Research and Development Walter B. Rood Vice President Corporate Engineering Larry T. Solar! President Insulation Operating Division Alan D. Booth Vice President Manufacturer and Mechanical Insulation Frank E. Otovor Vice President Marketing Retail and Distribution Insulation Richard Q. Wobb Vice President Manufacturing Roofing Products Operating Division Gari B. Hedfcmd Vice President and General Manager William P. Jonh* Vice President Trumbull Products Rudolph H. Klsor Vice President Manufacturing Now Products Division Dennis R. Barber Vice President and General Manager Commercial Roofing Products Timothy E. Walsh Vice President Planning Wayne A. Earley Vice President Sales J. Pster Dotgon Vice President Robert P. Boiysrd Vice President Western Region Sales David T. Brown Vice President Southwest Regioo Sales RobortG. Kaavy Vice President Midwest Sales Michael J. Krach Vice President Eastern Region Sales Jerry C. Butter Vice President National Accounts INDUSTRIAL MATERIALS GROUP Charlaa H. Dana President Charles R. Bland Vice President Financial and Business Planning Robart 4. OoGango Vice President Textile Materials Marketing John B. Jonhs Vice President Resins and Coatings Division Watron D. Knowtton Vice President Sales Patrick P. Moors Vice President Reinforcements Materials Marketing Bobort 0. Plstete Vice President Manufacturing 0/C Tanks Corporation J. Thomas Bdon President European Operations Orogolro Amory Vice President JoanOotvM# Vice President Commercial Operations Andre Touaaatet Vice President Technical Operations Ifthimios O. WdaHs Vice President Reinforcements Division INTERNATIONAL Jama* S. Hoarona Vice President J. Donnie Monton Vice President Marketing. Technical and Asia/Pacific Operauons Scott K. Koopfco Vice President Brazilian Operations FIborglas Canada Inc. Barak J. Holdon Vice President. OCF and President and Chief Executive Officer Richard B. Frisson Group Vice President Insulation _ LonQ. Hughes Vice President Administration John A. Vormouten Vice President Marketing and Sales S3 ' Qonorai Information Corporate Addreee Owens-Coming Fibergias Corporation Fiberglas Tower Toledo. Ohio 43659 (419) 248-8000 Sitarahoidar Sarvioaa Owens-Coming maintains a Shareholder Services Office at corpo rate headquarters in Toledo. Ohio to assist stockholders. Inquiries are welcome at the corporate address. Transfer Aflsnt and ftoflistrar Manufacturers Hanover Trust Company acts as both Transfer Agent and Registrar for the Company. Questions on change of ownership, totai shares owned, consolidation of accounts, and other such matters should be sent to Manufacturers Hanover Trust Company, Securityholder Relations. RO. Box 24935 Church Street Station, New York. New York 10249, or phone 1-800-647-4273. Auditors Arthur Andersen & Co.. Toledo. Ohio is the independent public accounting firm for the Company. Chans* of Address A change of address should be reported promptly by sending a letter to Manufacturers Hanover Trust Company, Securityholder Relations. P.O. Box 2493S - Church Street Station, New York, New York 10249. Form KMC The Company will provide without charge to any person who is a beneficial owner of its shares a copy of the Company's 1991 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. Requests should be addressed to Sharon fraudt. Office of the Secretary. Owens-Coming Fibergias Corporation, Fiberglas Tower, Toledo. Ohio 43659. Annual Meeting The annual stockholders meeting of Owens-Coming Fiberglas Corporation will be held in One SeaGate Auditorium. One SeaGate. (Jackson and Summit Streets). Toledo, Ohio at 2 p.m. Thursday, April 16,1992. Stock Kxehango Owens-Coming Fiberglas stock is listed for trading on the New York Stock Exchange under the symbol OCF. Des.gned and Produced by Lesmewicz Associates Inc.. Toledo. Ohio Primed by Rad-Mar Press. Inc.. Ibledo. Ohio. OWENS-CORNING FIBERGLAS CORPORATION Fiberglas Tower Toledo. Ohio 43659 Sales Agreement Owens-Xlllnole Glass Coupany, hereinafter referred to as *8011or*# and Owena-Coming Fiberglaa corporation, hereinafter referred to m *Buyer9, have this day agreed as follows* 1. During tha tarn of this Agreement, Buyar will purchase froa Sailor and Sallar will sail to Buyar, eubject to tha provisions of this Agreement, tha following amounts of Kaylo Hast Insulating Produotst $ 750,000 during tha pariod April 1, 1953 to December 31* 1953, and $1,000,000 during saoh ealandar yaar subsequent to 1953l provided, however, that in tha event that at any tine or tines tha prloes for Kaylo Heat Insulating produets shall be inereased or daoraasad in accordance with tha provisions of paragraph 4 hereof, tha amounts hereinabove specified will be Increased or decreased In tha same proportion as such prices shall have bean increased or decreased, prorated for tha portion of the current period unexpired at tha data of such price change. On or before tha first day of aaeh calendar quarter, Buyar will notify feller In writing of the total amount of Kaylo Heat Insulating Products which It Intends to ourchase from Seller during such quarter, 8* As used In this Agreement tha term *Kaylo Heat Insulating Products9 means only those heat Insulating produots listed in Exhibit A, attached hereto and made a part hereof, 3, tha prloes for Kaylo Heat Insulating products set forth in Exhibit A will remain In affect until Ootober 1, 1953, and thereafter until Increased or decreased in accordance with tha provisions of paragraph 4 hereof, 4, Seller may increase or decrease tha prices to Buyer for Kaylo Beat Insulating products on October 1, 1953, and on the first day of any subsequent calendar quarter, by giving notice in writing to Buyer of sueh increase or decrease at least fifteen (15) days prior thereto. Buyer may, by giving notice in writing to Seller at any time within thirty (30) days after reoelpt of notice from Seller of a price Increase terminate this Agreement six (6) months after the affective data of such price increase, 5, All orders for Kaylo Boat insulating Products plsosd by Buyer end accepted by seller will be at the prices in I^EFENDANr?^ 11 EXHIBIT I iffnt tt tbe tin of shipment by Seller and will bo subject to the toxva sot forth In Exhibit A and tbo following torso and oondltlonsi (a) , Prices shall bo F.0.8. plant of manufacture. in tho ovont that Bailor propays tho frolght os any shipment, Buyer will rolaburso Bailor tho full amount thereof, Tltlo and possosslon shall pass to Buyor on dollvory of produot~ to tho oarrlor oonslgnod to Buyor or Buyor1a oustosor (b) In tho event of a prloo Incrosso, tho Buyor may, within thirty (30) days aftor rocolpt of notlco thereof, request price protection on speolfle outstanding contracts and outstanding contraot proposals* Bhlpsonts with protected prices must bo made within sixty (60) days of effective date of price Increase. (c) Orders and shipping instructions will bo given by Buyor reasonably in advance of desired delivery dates and, subject to the other provisions herein stated. Seller will eke shipments as nearly as possible in accordance with such shipping Instructions as shipping facilities and Seller1a scheduling and facilities of manufacture permit. Seller1s failure to meet shipping instructions will not be deeaed a breach of this Agreement, (d) Seller warrants that all Xaylo Heat Insulating Products sold to Buyer pursuant to this Agreement will meet Seller1s performance specifications in effect at the time of sale. Seller will furnish Buyor a copy of said performance specifications currently in effect and of each revision thereof. (e) Buyer shall, within ninety (90) days after shipment of any products covered by this Agreement, give written notice to Seller of any claim for errors, shortages, imperfections, deficiencies or any failure of the products to conform with tha terms of this Agreement. Buyers failure to give such notloe within aueh time or Buyer's failure to give Seller an opportunity to make an adequate investigation, either by on the spot inspection or by having tha producta returned to Seller, shall constitute a waiver by Buyer of all olalms pith respect thereto. Any advice or aealstance furnished by feller In respect ef installation or use of the products are purely gratuitous and without eonsldaratlon, and Sailer shall nave no liability by reason thereof. Seller ahall not be liable for any breach of this Agreement In any amount In txcaas of the agreement price for the products with respect to which such breach occurs and sailer shall not be liable In any avant for spaclal or consequential damages) and Buyer 2 shall include this same limitation upon the amount of Seller1* liabilities in oontracta affecting all resales by Buyer to third persons and Buyer shall indemnify and save Seller harmless from any liabilities arising from Buyer's failure so to eontract in making resales. (f) All olalDS made by Buyer against Seller in accord ance with subparagraph (e) hereof shall be subject to approval by Seller* In the event that Buyer disagrees with Seller's disposition of any such claim* Buyer may by giving notice in writing to Seller within thirty 30) days after reoelpt of notice of Seller's disposition of such claim* require the same to be submitted to arbitration in Lucas county* Ohio* in accordance with the Ohio Arbitration Act* by three (3) arbitrators appointed ae followst Seller and Buyer shall each appoint one (1) arbitrator and the two (2) arbitrators thus appointed shall appoint a third arbitrator. In the event that the arbitrators appointed by Seller and Buyer shall be unable within thirty (30) days to agree upon the appointment of the third arbitrator* the Court of common Pleas of Lucas County* Ohio* may* upon application of either party hereto* appoint the third arbitrator. The decision*in writing of a majority of the arbitrators will ba final and binding upon both parties. 6. It* by reason of fire* earthquake* flood* explosion* aocldent* difference with or inability to seoure workmen* lack of material* lack of facilities* Aot of God or of any public enemy* voluntary or Involuntary compliance with any valid or invalid order* regulation* request or recommendation of any government agenoy or authority* lack of transportation facilities or other cause beyond the control of Sellei* or Buyer* respectively* whether or not of the kind hereinbefore specified* Seller or Buyer shall be unable to perform* or is delayed In the performance of* any obligation under this Agreement* such nonperformance or delay shall be excused. T. in the event that Seller shall be unable to fill all orders for Xaylo Best Insulating Products placed both by Buyer and by other customers of Seller* Seller shall prorate shipments to Buyer and such other oustomers on an equitable basis. 8 Orders placed by Buyer for Kaylo Insulating products not specifically listed and priced In Exhibit A will be subject to approval by Scllor in each case and will be subject to such prices and shlpplr dates as may be set forth In such approval. 9. All sales and advsrtlsements of Kaylo Heat Insulat ing Products shall be under Seller's trade name and trade mark Kaylo*. in using Seller's trade name and mark. Buyer will Indicate that the products sold or advertised are manufactured by Seller and 3 vlll give notice thet Seller1* trademark la registered by die* flaying with the mark a* used the letter "R" enclosed within a circle. Buyer1s right to use Seller1* trade naae and Bark shall be Halted to the advertisement and sale of products manufactured by Seller and sold to Buyer pursuant to this Agreesent and suoh right shall terminate upon the termination of this Agreement, 10. Unless sooner terainated in accordance with the provisions of paragraphs A, 11, or 12 hereof, this Agreement shall remain in full force and effect until January 1, 1959, Except as otherwise provided in paragraph 13 hereof, the giving of any notice of termination shall net, prior to the effective date of such termination, relieve Buyer from lta obligation to purchase, or relieve Seller froa its obligation to sell, the saount of Kaylo Heat Insulating products sst forth in paragraph 1 here* of, and any teralnatlon shall bs without prejudice to any ether reaedy or reaedles whioh either party may have against the other for any breach of this Agreement. 11. Either party aay at its option terminate this Agreement effective at the end of any calendar month by giving notice in writing to the other party at least one (1) year prior to the effective date of sueh teralnatlon. . 12. in the event that Seller deteralnes to discontinue the aanufacture of Kaylo Heat Insulating Products, Seller aay terminate this Agreement effective at the end of any calendar month by giving notice in writing to Buyer at laast six (6) months prior to the effective date of such teralnatlon. 13. In the event that Buyer shall give notice to Seller of termination of this Agreeaent pursuant to the provisions of paragraph 4 hereof, or in ths event that Sellar shall give notice to Buyer of teralnatlon of this Agreeaent pursuant to tha provisions of paragraph 12 hereof, Buyer, at its option, aay elect to be relieved of lta obligation to purchase, during the six (6) months immediately preceding the effective date of such termination, Kaylo Heat Insulating Products in the amounts pre scribed in paragraph 1 hereof, by giving notice of euch election within thirty (30) days after notice of such termination, in the event that Buyer elects, as herein provided, to be relieved of Its obligation to purchase the amounts so prescribed. Seller shell be relieved of its obligation to sell the amounts so pre scribed. 14. Ths right of etch party to require strict performance of ths other party1s obligations hsrounder shall not be affected in any way by any previous waiver, forbearance or course of dealing, 15* Any civil action against Seller arising out of this Agreeaent or by reason of any sals hereunder, or by reason of any federal or state statutory provision relating thereto. -4- ahall be ooaatnotd within on# (1) year froa tho date suoh oiuif of action arista i otherwise the saws shall ba barred, notwith standing any statutory period of llaltatlons to tha tontrary, 16, This Agraaaant la not assignable by Buyer except with tho writttn oonssnt of Sailor* 17* Tha entire agreement of tha parties Is eontained herein, Thara is no warranty, agraaaant, or underetanding, express, statutory or laplled, althar In fact or in lew, with rafaranoa ta or a part of this Agreement, except suoh as Is sat forth htrain. Ixeapt as otharwlsa provided haraln, no change or altaratlon of this Agraaaant shall ba effective uniats tha saaa Is In writing and signal by both partita, 18, This Agraaaant shall ba binding upon tha partita, thalr successors and assigns, and shall ba oonseruad In accordance with tha lawa of tha State of Ohio applloablt to aontraota aadt and to ba porforaad in tha State af Ohio, 1W VZTXSSS WHEREOF, the partita hare pouted thia Agraaaant ta ba axaeutad as of April 1, 1953* this Zo n d*y March, 1953, Attest! By JAttes*tt'i / n ua( / f By 0VSX8-C0RWIW0 FZBSEOUS CORPORATIOX 5 Nominal Pipe Sises- Inchas 1/2 3/U 1 l-i/U 1-1/2 2 2-1/2 3 3-1/2 U-l/2 5 6 7 6 9 10 11 12 EXHIBIT "A" CF SALES AGFESHENT OUEHS-IUINOIS CEASS COMPANY KAILO SECTIONAL PIPE I16ULATIOH Net Billing Prices * F.O.B. Berlin, K.J. Terms Net 30 Dys Nominal Thickness of Insulation fc Prices par Lineal Foot 1" 1-1/2" 2" 2-1/2" ) .11*2 * .297 .1*65 $ .6b6 .775 .155 .317 .517 .679 .673 17$ 336 .550 .711 .9Gb .19b .362 .581 7b3 .937 .212* .368 61b .775 1.00 .233 .L13 6b6 .806 1.06 .256 .1*52 .679 .873 1.13 .291 .b91 7b3 a7Z0a7 1.23 .323 .530 .606 1.06 1.32 .388 .568 .873 1.16 1.1*2 U20 .607 .937 1.26 1.52 .L52 6b6 1.00 1.36 1.62 .517 711 1.10 1.1*5 1.75 X .775 1.19 1.55 1.86 .873 1.29 1.65 2.0b X .707 1.U2 1.61 2.20 X 1.06 1.55 1.97 X X 1.13 1.65 X X X 1.19 X X X Mott i (1) (2) (3) (1) (5) Pricss listed iri for single layer only, Double layer prices are tba sua of tha prieaa for tha two single Xayar eises used. Prieaa include standard canvas jackals and 2-1/2 aluminum bands par 3 ft. taction up to and including 2-1/2" thicknesses. No allowance Is made for oslsslon of canvas Jackats or bands. Bctra charge for spscial canvas jackets. Ectra charga for any canvas jackats on covering over 2-1/2" thickness. (1) Nominal Pipe 3ites- Inches 10 U 12 lit 15 16 17 ia 19 20 21 22 23 2U 26 27 26 30 32 33 3U 36 EXHIBIT "1" OF SAHS AGREEMENT 0RB6-ZLL30IS (TASS CCMPANI K1ILO BEVELED LAO PIPE INSULATION Met Billing Prices - F.O.B. Berlin, N.J, Terms Net 30 Dsrs Nominal ThiekfUis of Insulation k Prices per Lineal Foot 1*1/2" 61*02 2" n.w 2-1/2" 61.68 3" #2.25 1.06 l.Ut 1.57 1.66 1.97 2.10 2.U1 2.53 1.29 1*39 1.1*5 1.5U 1.60 1.70 1.76 1.85 1.91 1.65 1.9U 2.01* 2.13 2.22 2.35 2.it7 2.56 2.66 2.35 .2*1*7 2.59 2.72 2.8it 2.97 3.09 3.20 3.33 2.8U 3.00 3.1it 3.30 3-1*5 3.58 3.70 3.86 it.01 1.97 2.0it 2.19 2.72 2.78 3.00 3.itS 3.55 3.82 U.17 1*. 32 u. 63 2.25 2.32 2.U7 2.66 3.U 3.17 3.39 3*6i 3.95 U.10 it. 29 U.57 lt.75 U.91 5.16 5.61 2.72 2.61 2.97 3.73 - 3.86 U.0U it. 69 U.62 5.06 5.67 5.86 6. lit Nott (1) (2) (3) Price* listed srt for single layer only* Double layer prices are the sua of tbs prices for tbs toro single layer sites used* &ctra charge for any canvas or bands* (2) EXHIBIT H* 0? SALES AGREEMENT 0HEN5-ILLINOIS GLASS COMPANY SAZLO HEAT IffiUUniD BLOCK Met BiUlnc Prices - r.O.B. Berlin, N.J, Teraa Met 30 Py Thidcnea*- Prices per Inches Sgmrt Foot 1 .173 i-i/l* .219 1-1/2 .260 1-3A .305 2 .31*6 2-1/U .392 2-1/2 U33 2-3A .1*78 3 .519 (3) TTtrpLTf i" 07 SALES AOBESOT Of^KS-ZUIMOZS 0LA33 COtPAHI KATLO HEAT IHSOLATIO* EXTRA CHARQES Additions to hct Billing Prloss Standard Canvas forSectionalCovering Over 2-1/2" Thickness % Addition to Billing Price k5t 6 ot. Canvas for All Sizes end Thicknesses 9.0 6 os. Canvas for All Sises end Thicknesses 13.5 Laninaeed Products 7.$ LCL Orders Special Shapes, Sizes endThicknesses Heathercoating $2.00 tech Quotation Quotation (U) Meaorandua of Aarccacnt Owns BUrrili OUii Ooapany# hereinaft4r referred to u 'seller*# 4 Ovens-Cornlaa Piberglas Corporation# hereinafter pe tered to m Wi ten ttei day vmi y foUowsi 1* Paries the tern of this Agreeoent# Purer alii purchase froa PeUer sad Poller mu MU to Purer# la accordance vita the taras ad provisions of paragraphs 5 and 9 aad Exhibit A of the Palos Agreeaeat tbls dar executed 07 the psrtiss# eopy of *ilch is attached hereto as Exhibit I tnA Bade part hereof# sac subject to the provisione of this Agrssmnt# tho foUoulng aaomts of laylo loot laoulotiap Produetai tl800#000 diving tho period AprU 1# 1993 to Poeeaber 31* 1953, aad $9/ICO#000 duriAp OMh otlendor year subsequent to 19931 provided# hovever# that in tho event that at any tlao or tlaos tho prices for Ssylo Beat Insulating Products shall ho increased or de creased la accordance elth the provisions of paragraph 6 hereof# the OMuats hereinabove specified vlll be increased or decreased in the tone proportion as rah prises shall have been Increased or decreased# prorated for the portion of the eurreat period wtxpired at the date of ouch price chance. On or bofore the first day of each calender quarter# Buyer 1U notify Seller la wltlng of the total aaou&t of JUylo Heat Znsulatiac Products ldiioh it intends to purchase fros PeUer during such Quarter* I. . the aaouats of Saylo Heat Znsulatiac Products specified in por&crsph 1 hereof arc la addition to the aaouata specified in para* graph 1 of the Sales Agreenent of uhloh Exhibit Z la a oopy* 3* Pallor reserves the right to Mil laylo Heat Insulating Products to other purohasersj aad the aaotmt of laylo Heat Insulating Products Mid by PeUer to such other purchasers during any calendar year aay# at option of SeUar# be credited# la rale or la part# against Seller's obligation to mU during that parlod the mount specified la paragraph 1 hereof* A* As used la this Agreeaeat the tern "Stylo lest Znsulatlag Products" Mans only tteM host lasulatlng products listed in Exhibit A of Exhibit I hereto* 5* the prices Cor Kayls Heat Insulating Products Mt forth la Exhibit A of tehiblt X will remitn In effect witll October 1, 1953, end thereafter until increased or decreased in accordance with the provisions of paragraph 6 hereof. 6. Bailor aay increase or decrease the prices to Buyer for Coylo Hoot Insulating Products oa October 1, 1953# and on th* first day of any subsequent oaltndar quarter* By giving notice In writing to fiuyor of such Inoroaao op decrease ot loast fiftaon (15) days prior thereto, Buyer aay, By siting notloo In writing to Sailor at any time within thirty (30) days aftar rsoolpt of notloo from Sailor of a prloo inoroaao taraiaato this Agreement six (6) aonth* aftor tha ef fective data of such prloo inoroaao, 7. If# By roaaon of flro# sarthquaks, flood# explosion, asaidant# dlfforonoo with or Inability to secure wtaen, look of material* look of faollltlos# lot of Ood or of any publio enemy, voluntary or in* voluntary compliance with any valid or invalid ardor* regulation* request or reooBoendatlon of any govomaent agonoy or authority, look of transportatloa faoillties or other oause Beyond tha oontrol of Seller or Buyor* rospeotlvoly, whether or not of the kind horoinbefore apoolfled* Seller or Buyor ahall Be unable to porfora* or is delayed in the porfermanoe of* any oBllcatlon under thla Agreement, sueh nonporforaanoe or delay ahall Be excused. 8. Buyor will offer its standard fora of distributorapplloator eontraot to all of Seller1a existing distributor-applicators. Where suoh a standard fora of oentract is aocaptod By any such distributor* applloator, Buyor will aorvlce all orders* tmfilled at the tias of auch aeeaptanoo* plaood with Sellar By suoh distributor-applicator, end will* within thirty (30) deys oftor receipt of notloo from seller of ahipoent on any auoh order* remit to Sellar one hundred seven and one-half par eont (107-1/2*) of tha purchase price sat forth in Exhibit A of SxhIBI* X hereto* together with the aaount of freight* if any* pre paid By Seller on said shipment#* 9. Unless sooner terminated in aoeordanee with the provision# of paragraphs 6* 10* 11 or 13 hereof* this Agreement ahall remain in full force and affect until January 1# 1959* Xxcept as otherwise pro vided in paragraph 13 hereof* the giving of any notloo of termination ahall not* prior to tha affective data of auoh termination, relievo Buyer from Its obligation to purehaao, or relieve Seller from its ob ligation to soil* the aaount of Caylo Heat Insulating Products eat forth in paragraph 1 hereof, and any termination shall Be without prejudice to eny other remedy or reaedlea which either party aay have against tha other for aay Breach of thla Agreement. a 10. Utter port? 117 at Its option terminate this Agreement effective at tte tad of oar calendar month by giving aotioo la writing to tte otter party at loaat oao (1) yoar prior to tte effective data of suoh termination. 11* la tte event that Bailor determines to diaoo&tiauo tte monufaotva* of Baric Boat Insulating Product*, Bailor nay torniaato thla Agreement offootiro at tho and of any oalandar month by giving aotioo la writing to Buyor at loaat six (6) months prior to tho effective data of such termination. 12. la tte event that Buyer ahall give aotioo to Bailor of termination of thia Agreement pursuant to tha provisions of paragraph 6 hereof, or in tho event that Bailor ahall giro notice to Buyar of toraination of thia Agraanant pursuant to tte proTlalona of paragraph 11 hereof, Buyor, at its option, may oloot to ho relieved of its obligation to pur* ahaao, during tte six (6) nontha immediately preceding tte tffestive data af such termination, Style Boat Insulating Product* la tte amounts pro* aorlhad In paragraph 1 horoof, by giving notioa of such alootion vithia thirty (30) days after notloo of suoh termination. In tte event that Buyor electa, as heroin provided, to bo rollovod of its obligation to purchase tho amounts so presented. Boiler shell bo rsllavad of Its obligation to tall tha aaounta so prsserlbsd. 13. In tte svsnt that tha Balsa Agrssnent, sopy of which is attaohad hereto as Exhibit 2, is terminated by either party thereto, this Agreeaoftt ahall automatically be terminated affoetlva tte aaao data. It, tha right of each party to require atriot perferaanoe of tho other party's obligations hereunder ahall not be affooted in any way by any previous vaivor, forbearanoe or oouree of dealing. 1$. Any olvll setion against Boiler arising out of thia Agree* sent or by reason of any sal# hereunder, or by roaoon of any federal or state statutory provision relating thereto, ahall bo eoneneed within one (1) yoar from tho date suoh oauao of aetlon arises j ethonriee the ease ahall bo barred, notwithstanding any statutory period of limitations to the oontrary. 16. this oontraat la not assignable by Buyer axoopt with the written eonaent of Boiler. 3 17* fto 4T>tBiBt Of (IM pirtiM it OOOt4latd Mrtlft, tMit i a# nmst;, ipiiBti or iodiritn4lai ixpnu, statutory or lapXl*4# titter la fMt la in, nth rifinan ti tr i part f tala UNiM&tf sMpt path u la oat forth horols. szaapt u otbarviat provided borala, ao ob*n*t or altoration of thia Agrtoaont ahall to affaotiro nliai tho oim la la writing and algnod by both partita. 16. fait Agrotaont ahall a# binding upon tha partial, taalr auoataaora and aaalgna, tad ahall b aonatruod la aooordaoct vita tho lava of tho ftttt of Ohio applloabla to ao&traota aada and to bo par* forwd In tbo Stato of Ohio. XV VXTVU8 VH5RI0P, tbo partita hart aauatd thla Naooraadua of Agroaoant to bo txoeutad aa of April 1, 1953* thlajdffday of Karob, 1953* OVUf.XLLlirOZd 0LA33 COKPAJnr Attoati y______ sl ovxxs-coavxxo nasvoud eoapoiuixov "Uja^Lu n a