EXHIBIT 1
AGREEMENT dated as of November 4, 1996 by and among Xxxxxx X.
Xxxxxxxx ("Yacktman"), Yacktman Asset Management Co., an Illinois
corporation ("Yacktman Asset Management") and The Yacktman Fund, Inc., a
Maryland corporation (the "Yacktman Fund").
WHEREAS, in accordance with Rule 13d-1(f) of the Securities
Exchange Act of 1934 (the "Act"), only one such statement need be filed
whenever two or more persons are required to file a statement pursuant to
Section 13(d) of the Act with respect to the same securities, provided
that said persons agree in writing that such statement is filed on behalf
of each of them.
NOW, THEREFORE, in consideration of the premises and mutual
agreements herein contained, the parties hereto agree as follows:
Each of Yacktman, Yacktman Asset Management and the Yacktman
Fund does hereby agree, in accordance with Rule 13d-1(f) under the Act, to
file one Statement on Schedule 13D relating to their ownership of the
Common Stock of Franklin Quest Company, and does hereby further agree that
said Statement shall be filed on behalf of each of Yacktman, Yacktman
Asset Management and the Yacktman Fund. Nothing herein shall be deemed to
be an admission that the parties hereto, or any of them, are members of a
"group" (within the meaning of Section 13(d) of the Act and the rules
promulgated thereunder) with respect to any securities of Franklin Quest
Company.
IN WITNESS WHEREOF, the parties have executed this Agreement as of
the date first written above.
YACKTMAN ASSET MANAGEMENT CO.
By:/s/ Xxxxxx X. Xxxxxxxx
Xxxxxx X. Xxxxxxxx, President
/s/ Xxxxxx X. Xxxxxxxx
Xxxxxx X. Xxxxxxxx
THE YACKTMAN FUND, INC.
By:/s/ Xxxxxx X. Xxxxxxxx
Xxxxxx X. Xxxxxxxx, President
