BUSINESS PLAN 

A plan for operating the businesses of Emmett (Pete) and Maxine Dammon, should either die before the businesses are dissolved.

                                                         Dammon Engineering  
 
Dammon Engineering Inc. is part of a Trust set up by Emmett George  (Pete) Dammon and Maxine Scharff Dammon.  This means that upon the death of the last living (Pete or Maxine) the company will belong to the Trust, set up by us to include all of our holdings and belongings.

Dammon Engineering Inc., was incorporated in 1985 in the state of Louisiana, after Dammon and Associates was dissolved in bankruptcy.  Both Emmett (Pete) and Maxine are incorporators of Dammon Engineering.  Should one of us die before Dammon Engineering is dissolved, the other will be the owner of the company, still part of the Trust.  If Emmett (Pete) dies first, the company will have to either hire a professional Engineer to allow it to operate as an Engineering company and get its annual license from the board, or using our Architect Robert Wiltse, operate as an Architectural firm with Engineers, paying someone else to provide Engineering services and provide Engineering stamp when needed.

It is my wish that my sons Charles Kevin (Chuck) Dammon and David Paul Dammon have the full responsibility to operate the company, hire and fire employees, make contracts, collect fees, purchase and sell, provide employee benefits, pay invoices and employees and generally operate in the same method as present, and that Chuck and David run the engineering firm with input from Kirt and Maxine with these persons having sole authority over the operations of the Company. as necessary to provide my wife Maxine with a comfortable living until her death and to ensure the longevity of the Corporation.
Maxine will draw $4,000.00 (Four Thousand Dollars) a month from the company and at the end of the year will receive a bonus in tune with bonuses given to my sons.  Maxine's draw will be provided with cost of living increases as warranted by the company`s yearly earnings. 

                                                         Gulf Coast Electric
It is my wish that Kirt Dammon will run Gulf Coast Electric with input from both David Dammon and Chuck Dammon and Maxine Dammon for my share of the Company.
Maxine shall be paid a monthly amount from Gulf Coast Electric (draw) based on the company's financial growth and as advised by the CPA and Andy Prude our financial adviser, and she will replace me as a director and as one-half ownership in the company, the other half belonging to Kirt Dammon.
Upon the death of my wife Maxine, our holdings will be owned by the Trust that is now in existence.  

                                 Buildings and other Commercial (Business) Property
Upon my death, my wife Maxine will own the buildings at 1095 Florida Avenue and the properties on Highway 11 and on Old Spanish Trail.  Maxine will be paid the amount of the note for the Florida Ave. building to Whitney Bank and will forward that to Whitney Bank.  I recommend that all notes be handled as is now with the secretary handling the transactions of receiving rents and paying the notes on the Spanish trail and Florida Ave, buildings. . 

The operation of both Dammon Engineering and Gulf Coast Electric shall remain as described in this document

___________________________________________                                            
Emmett G. Dammon                       Date