On February 27, 2009, the Compensation Committee of the Registrant's Board of Directors approved the following bonuses for 2008 pursuant to the Registrant's Annual Cash Incentive Bonus Program, for the Registrant's chief executive officer, chief financial officer and the three other most highly compensated executive officers during such year, to be paid 1/2 in cash and 1/2 in shares of the Registrant's Class A common stock:

                 Officer                               2008 Bonus
                 -------                               ----------

                 Joseph G. Morone                      $809,300
                 Michael C. Nahl                        199,500
                 Daniel A. Halftermeyer                 180,000
                 David B. Madden                        174,200
                 Michael J. Joyce                       175,600

The Committee has also established target 2009 annual incentive bonuses for Messrs. Morone, Nahl, Halftermeyer and Joyce, and for Mr. Ralph Polumbo (Mr. Madden is no longer an executive officer of the Registrant) pursuant to the Registrant's Annual Cash Incentive Bonus Program as follows:

                 Officer                            2009 Target Bonus
                 -------                            -----------------

                 Joseph G. Morone                      $896,250
                 Michael C. Nahl                        220,924
                 Daniel A. Halftermeyer                 207,152
                 Michael J. Joyce                       207,152
                 Ralph M. Polumbo                       164,395

The Committee determined that bonuses for the Registrant's top management, including the above-named officers, for 2009 would be based on one or more of:
adjusted consolidated EBIDTA, working capital, adjusted corridor or segment EBIDTA, corridor or segment working capital or other functional metrics and individual performance criteria. A bonus equal to the target amount will generally be paid if the Committee determines that appropriate performance levels in each of these areas has been achieved. Lesser bonuses may be paid if such performance is not achieved and larger bonuses if performance exceeds such levels. The Committee further determined, however, that it would reserve the right to exercise its discretion, after the close of the 2009 fiscal year, as in prior years, to determine to what extent bonuses had been earned, and reserved the right to take individual performance factors (including, for example, the possible adverse impact during the year of cost-reduction, plant closings or downsizings and other restructuring-related activities in specific divisions, regions or business lines) into account, and to employ both objective and subjective criteria in determining the final bonuses. It is the current intention of the Compensation Committee that such bonuses shall be paid 1/2 in cash and 1/2 in shares of the Registrant's Class A common stock.