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FPI Board of Directors Resolution

Termination of Pass-Through Practice

Effective Date October 24, 2002

The Resolution reads:

The Board directs that the practice of 'pass-through' of finished goods items that would otherwise be manufactured by FPI be discontinued; and that customers be given the right to accept late delivery, or be granted an immediate waiver to purchase that portion of the order elsewhere; and that such transactions be tracked and documented.

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