Eric B. Benson, et al. - Page 12

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          decision was issued.  On November 8, 1996, a third interim                  
          arbitration decision was issued.                                            
               On March 5, 1999, a final arbitration decision was issued.             
          The final arbitration decision comprehensively decided the issues           
          between the brothers, and the arbitrators found, inter alia,                
          that:                                                                       
                    During the period from and after July 1, 1987,                    
               * * * [Burton]/ERG/NPI was extremely successful * * *.                 
               As a result, in the period from 1988 through 1996,                     
               * * * [Burton] and his family obtained in excess of                    
               $6,500,000 in salaries, director’s fees and cash                       
               distributions from ERG/NPI.                                            
                    * * * [F]rom and after July 1, 1987, * * *                        
               [Burton] had total control over both ERG and NPI * * *                 
          Accordingly, the arbitrators held that Burton became the 100-               
          percent owner of ERG on July 1, 1987.  The arbitrators found that           
          Burton owed Glendon a gross amount of $3,119,475 for his interest           
          in ERG.  The arbitrators awarded the Lowell plant to                        
          Glendon/Aker, for which Burton received a credit of $185,500.               
          The tribunal found that Glendon/Aker should have paid NPI rent              
          for the Lowell plant at $2,000 per month for the period July 1,             
          1987, to December 31, 1994, and $2,500 thereafter.  Accordingly,            
          Burton was credited with the rent payments plus interest,                   
          $420,650.  The final arbitration decision awarded Glendon a net             
          $2,412,172 after credits and deductions.                                    









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