FROM: Ernest C. Jett RE: Felix E. Wright Employment Agreement Our File No: 2-111-3

EXHIBIT 10.1

August 6, 2003

MEMO TO:		Xxxxx X. Xxxxxx
FROM:		Xxxxxx X. Xxxx
RE:		Xxxxx X. Xxxxxx Employment Agreement Our File No:    2-111-3

Xxxxx,

As you know, the Board of Directors approved the extension of your employment agreement for an additional one-year period, ending October 1, 2004. See Tab 1 for a copy of your employment agreement.

If you agree to the extension of your employment agreement for this one-year period, please indicate by signing below. Thank you.

Executive						Xxxxxxx & Xxxxx, Incorporated
/s/    XXXXX X. XXXXXX						/S/    XXXXXX X. XXXX
Xxxxx X. Xxxxxx						Xxxxxx X. Xxxx Vice President

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