MEMORANDUM From: Michael Santucci, Senior VP, HR To: All Slater Systems Employees Sent: Monday, September 18, 20- 4:01 P.M. Subject: Slater Systems Annual Compensation Statement Fellow employees, Within the next week, you will be receiving in your home mail a confidential, personalized Compensation Statement from Slater Systems. The feedback we received from employees on these statements last year was very positive and indicated that we should continue to issue these statements on an annual basis. Your Compensation Statement details the many items that make up your total compensation, including your base salary, the employer-paid portion of your health benefits, the Slater Systems Retirement Plan and the Company's matching contribution to the Slater Systems 401 (k) Savings Plan. Please take the time to review your Statement carefully. Although I am certain that you will find the Compensation Statement helpful, we would like to hear your opinion. Please call or e-mail your local Human Resources department or me with your thoughts or questions. Sincerely, Michael Santucci Senior VP, HR Slater Systems What is learned about Michael Santucci?