Alondra Industries, Limited, d.b.a. Accent Insulation Company and Subsidiaries, et al. - Page 7

                                          7                                           
               Alondra employs between 175 and 200 persons.  Edco has three           
          employees.  Pertinax employs approximately 6 executives                     
          (including Mr. Munro and Ms. Ross), 2 to 3 managers, a sales                
          employee, and 20-plus clerical personnel as support staff.                  
               In 1970, when Mr. Munro was in his midsixties, he had                  
          approximately 30 years of business experience in banking and                
          finance that included employment with Security Bank, Security               
          Pacific Bank, the Bank of Pasadena, and Wells Fargo Bank.  He               
          first became acquainted with UCIC while he was employed at Wells            
          Fargo, when the then owner of UCIC asked him for advice.  In                
          September 1970, when Mr. Munro retired from Wells Fargo, UCIC               
          hired him as an adviser.  Later, about 1972, Mr. Munro acquired             
          ownership of UCIC5 and was its sole shareholder from about 1972             
          through 1987.  In 1972, Alondra was a newly organized but                   
          inactive corporation, and UCIC did all the insulation work of the           
          complex later made up of Alondra, UCIC, Edco, and Pertinax.                 
               David Lee Clearman (Mr. Clearman) joined UCIC at Mr. Munro's           
          invitation in spring 1975, working as assistant to the president.           
          After some 2 years at UCIC, Mr. Clearman became president of                
          Alondra, which was just then beginning active operations.                   
               Prior to beginning employment with UCIC and its affiliates             
          in 1975, Mr. Clearman worked for Wells Fargo Bank, where he had             


          5The record does not indicate whether UCII existed at that                  
          time or how and when UCIC became a wholly owned subsidiary of               
          UCII.                                                                       




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