Meetings

Guys, currently we have two meetings a week between the business unit heads
to discuss deal flow and communicate issues and opportunties - the Monday
morning meeting and the Friday managing director meeting. I would suggest
that we eliminate both these meetings. I would propose that we replace them
with a single Friday afternoon meeting from 2:30PM to 4:00PM. The business
unit heads identified above would be invited. At this meeting, I would
expect less of a reporting focus and employ a more candid and detailed
discussion of opportunities, problems and issues between the "partners" in
this company. It would include (i) a review of current DASH's, (ii) a more
detailed discussion around the opportunities identified on the "Hot Sheet",
(iii) a more candid discussion around the P&L and tactics required to meet
overall financial targets and (iv) provide a forum to provide input into and
communicate business strategies between the business units. In other words,
employ the goals of the Friday managing director meeting with all the
business unit leaders represented.

Given the religious holidays this week, there will be no meeting this
Friday. I would suggest that we have a regular Monday morning meeting next
Monday and we will start this new forum a week from this Friday. This
meeting would be held in 30C1 and Monterrey, Calgary and Portland should be
connected via video conference. In order for this to work and be effective,
the business unit heads need to be available and participate actively in the
discussion.

If you have questions, comments or concerns do not hesitate to let me know.

Regards
Delainey