UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Administaff, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
007094 105
------------------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with the statement. |_| (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
SCHEDULE 13G
- --------------------- -----
CUSIP No. 007094 105 -1-
- --------------------- -----
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul J. Sarvadi ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 2,179,267 (*) 15.8%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 2,179,267 (*) 15.8%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,179,267 (*)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.8%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(*) Includes 214,967 shares owned by the Sarvadi Family Foundation of which Mr.
Sarvadi is President. Mr. Sarvadi disclaims beneficial ownership of these
shares.
<PAGE>
SCHEDULE 13G
- ------------------------------ -----
CUSIP No. 007094 105 -2-
- ------------------------------ -----
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard G. Rawson ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 831,785 6%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 831,785 6%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
831,785
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ -----
CUSIP No. 007094 105 -3-
- ------------------------------ -----
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Scott C. Hensel ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 784,300 5.7%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 784,300 5.7%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
784,300
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ -----
CUSIP No. 007094 105 -4-
- ------------------------------ -----
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James W. Hammond ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b)
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 733,259 (*) 5.3%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 733,259 (*) 5.3%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
733,259 (*)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(*) Includes 43,667 shares owned by the Hammond Family Foundation of which Mr.
Hammond is President. Mr. Hammond disclaims beneficial ownership of these
shares.
<PAGE>
SCHEDULE 13G
- ------------------------------ ------
CUSIP No. 007094 105 -5-
- ------------------------------ ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
- --------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul S. Lattanzio ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,958,677 (*) 14.2%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,958,677 (*) 14.2%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,958,677 (*)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(*) Includes 1,958,677 shares owned by Pyramid Ventures, Inc. Mr. Lattanzio
disclaims beneficial ownership of these shares.
<PAGE>
SCHEDULE 13G
- ------------------------------ ------
CUSIP No. 007094 105 -6-
- ------------------------------ ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stephen M. Soileau ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 626,324 (*) 4.3%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 626,324 (*) 4.3%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
626,324 (*)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(*) Includes 626,324 Warrants owned by the Board of Directors of the Texas
Growth Fund-1991 Trust which are currently exercisable. Mr. Soileau
disclaims beneficial ownership of these Warrants.
<PAGE>
SCHEDULE 13G
- ------------------------------ ------
CUSIP No. 007094 105 -7-
- ------------------------------ ------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David W. Russell ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
- --------------------------------------------------------------------------------
(b) /x/
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,025,798 (*) 7.4%(+)
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,025,798 (*) 7.4%(+)
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,025,798
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.4%(+)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(*) Includes 1,022,798 shares held in trust as trustee for the McIntosh
Charitable Remainder Unit Trust. Mr. Russell disclaims beneficial ownership
of these shares.
(+) This percentage only accounts for the Trust's shares, which are subject to
the Voting Agreement.
<PAGE>
SCHEDULE 13G
- ------------------------------ -------
CUSIP No. 007094 105 -8-
- ------------------------------ -------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William E. Lange ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 850,905 6.2%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 850,905 6.2%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
850,905
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ -------
CUSIP No. 007094 105 -9-
- ------------------------------ -------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sarvadi Family Foundation 76-0453518
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 214,967 1.6%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 214,967 1.6%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
214,967
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.6%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ -------
CUSIP No. 007094 105 -10-
- ------------------------------ -------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
McIntosh Charitable Remainder Unit Trust 76-6091470
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
- --------------------------------------------------------------------------------
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,022,798 7.4%
BENEFICIALLY ------------------------------------------------
OWNED B 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,022,798 7.4%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,022,798
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.4%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ -------
CUSIP No. 007094-105 -11-
- ------------------------------ -------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hammond Family Foundation 76-0413386
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 43,667 0.3%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 43,667 0.3%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
43,667
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ --------
CUSIP No. 007094 105 -12-
- ------------------------------ --------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gary and Nancy Reed Foundation 76-0414404
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 52,448 0.4%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EAC -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 52,448 0.4%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,448
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ -------
CUSIP No. 007094 105 -13-
- ------------------------------ -------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Board of Directors of the Texas Growth
Fund-1991 Trust 74-6399808
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 626,324 (*) 4.3%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 626,324 (*) 4.3%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
626,324 (*)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(*) Includes 626,324 Warrants that are currently exercisable.
<PAGE>
SCHEDULE 13G
- ------------------------------ -------
CUSIP No. 007094 105 -14-
- ------------------------------ --------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
TGF Management Corp. 74-2637520
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARE 626,324 (*) 4.3%
BENEFICIALL ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 626,324 (*) 4.3%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
626,324 (*)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.3%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IV, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(*) Includes 626,324 Warrants owned by the Texas Growth Fund-1991 Trust that
are currently exercisable. TGF Management Corp. disclaims beneficial
ownership of these shares.
<PAGE>
SCHEDULE 13G
- ------------------------------ -------
CUSIP No. 007094 105 -15-
- ------------------------------ -------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pyramid Ventures, Inc. 13-3407479
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,958,677 14.2%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,958,677 14.2%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,958,677
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.2%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IV, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ ------
CUSIP No. 007094 105 -16-
- ------------------------------ ------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gerald M. McIntosh ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,665,020 12.1%
BENEFICIALLY ------------------------------------------------
OWNED B 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 1,665,020 12.1%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,665,020
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
- ------------------------------ --------
CUSIP No. 007094 105 -17-
- ------------------------------ --------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gary F. Reed ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/
(b) /x/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 378,367 (*) 2.8%
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING ------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 378,367 (*) 2.8%
------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
378,367 (*)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/x/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.8%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(*) Includes 52,448 shares owned by the Gary and Nancy Reed Foundation of which
Mr. Reed is President. Mr. Reed disclaims beneficial ownership of these
shares.
<PAGE>
-18-
ITEM 1.
(a) Name of Issuer:
Administaff, Inc.
(b) Address:
19001 Crescent Springs Drive
Kingwood, Texas 77339-3802
ITEM 2.
This Statement on Schedule 13G relates to the beneficial ownership of
shares of common stock, par value $.01 per share (the "Common Stock"), of
Administaff, Inc., a Delaware corporation (the "Company" or the "Issuer"), which
has its principal executive offices at 19001 Crescent Springs Drive, Kingwood,
Texas 77339-3802.
This Statement on Schedule 13G is being jointly filed by Paul J.
Sarvadi, Gerald M. McIntosh, Richard G. Rawson, William E. Lange, Scott C.
Hensel, James W. Hammond, Gary F. Reed, the Sarvadi Family Foundation, the
McIntosh Charitable Remainder Unit Trust (the "McIntosh Trust"), the Hammond
Family Foundation (the "Hammond Foundation"), the Gary and Nancy Reed Foundation
(the "Reed Foundation"), the Board of Trustees of the Texas Growth Fund-1991
Trust ("TGF"), (collectively with Pyramid Ventures, Inc. or "PVI", which is not
joining in this Filing, are to be known as the "Parties"), together with Stephen
M. Soileau, David W. Russell, and TGF Management Corp. (the "Joint Filers" and,
collectively with the Parties (except for PVI) are to be known as the "Reporting
Persons").
Each of the Parties, as party to a voting agreement, as amended, dated
May 13, 1994, by and among each of such Parties (the "Voting Agreement") has
agreed to, among other things, certain voting provisions with respect to the
election of directors of the Issuer. As a result of the Voting Agreement, the
Parties may be deemed to be members of a "group" within the meaning of Rule
13d-5(b)(i) under the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), and accordingly may be deemed to have beneficial ownership of all of the
shares of Common Stock that are subject to the Voting Agreement (the "Shares").
However, each of the Parties disclaims (i) membership in such group and (ii)
beneficial ownership of the Shares, other than Shares expressly identified
herein as beneficially owned by such Parties.
In addition, the Joint Filers, who are not parties to the Voting
Agreement, and Paul Lattanzio (who is a director of the Company and an affiliate
of PVI and is not joining in this Filing) may be deemed to have beneficial
ownership of all of the Shares due to their affiliation with, control of or
position in entities that are Parties. However, each Joint Filer disclaims (i)
membership in such group and (ii) beneficial ownership of the Shares, other than
Shares expressly identified herein as beneficially owned by such Joint Filer.
<PAGE>
-19-
ITEM 2. (A), (B), (C) NAMES OF PERSONS FILING; ADDRESS; CITIZENSHIP
Parties.
--------
1. Paul J. Sarvadi. Paul J. Sarvadi's business address is in care of
the Company, 19001 Crescent Springs Drive, Kingwood, Texas 77339-3802. Mr.
Sarvadi is a citizen of the United States.
2. Gerald M. McIntosh. Gerald M. McIntosh's business address is in
care of the Company, 19001 Crescent Springs Drive, Kingwood, Texas 77339-3802.
Mr. McIntosh is a citizen of the United States.
3. Richard G. Rawson. Richard G. Rawson's business address is in care
of the Company, 19001 Crescent Springs Drive, Kingwood, Texas 77339-3802. Mr.
Rawson is a citizen of the United States.
4. Scott C. Hensel. Scott C. Hensel's business address is in care of
the Company, 19001 Crescent Springs Drive, Kingwood, Texas 77339-3802. Mr.
Hensel is a citizen of the United States.
5. James W. Hammond. James W. Hammond's business address is in care of
the Company, 19001 Crescent Springs Drive, Kingwood, Texas 77339-3802. Mr.
Hammond is a citizen of the United States.
6. William E. Lange. William E. Lange's business address is 2119
Parkdale Drive, Kingwood, Texas 77339. Mr. Lange is a citizen of the United
States.
7. Gary F. Reed. Gary F. Reed's address is 2614 Riverlawn Drive,
Kingwood, Texas 77339. Mr. Reed is a citizen of the United States.
8. The Sarvadi Family Foundation. The Sarvadi Family Foundation's
principal business address is 2214 Pleasant Creek, Kingwood, Texas 77345. The
Sarvadi Family Foundation was founded in Texas.
9. The McIntosh Charitable Remainder Unit Trust. The McIntosh Trust's
principal business address is 3302 Riverlawn Drive, Kingwood, Texas 77339. The
McIntosh Trust was founded in Texas.
10. The Hammond Family Foundation. The Hammond Foundation's principal
business address is 1943 Running Springs, Kingwood, Texas 77339. The Hammond
Foundation was founded in Texas.
11. Gary and Nancy Reed Foundation. The Reed Foundation's principal
business address is 2614 Riverlawn Drive, Kingwood, Texas 77339. The Reed
Foundation was founded in Texas.
12. Board of Directors of Texas Growth Fund-1991 Trust. The principal
business address for TGF is c/o TGF Management Corp., 100 Congress Avenue, Suite
980, Austin, Texas 78701. The Trust was organized in Texas.
13. Pyramid Ventures, Inc. PVI (although not joining in this Filing)
has its principal business address is in care of BT Partners, Inc., 130 Liberty
Street, 34th Floor, New York, New York 10006.
<PAGE>
-20-
Joint Filers.
-------------
1. Stephen M. Soileau. Stephen M. Soileau's business address is 100
Congress Avenue, Suite 980, Austin, Texas 78701. Mr. Soileau is a citizen of the
United States.
2. David W. Russell. David W. Russell's address is 15418 Shanghai,
Houston, Texas 77040. Mr. Russell is a citizen of the United States.
3. TGF Management Corp. The principal business address for TGF
Management Corp. is 100 Congress Avenue, Suite 980, Austin, Texas 78701. This
organization was organized in Texas.
4. Paul S. Lattanzio. Paul S. Lattanzio's business address is in care
of BT Partners, Inc., 130 Liberty Street, 34th Floor, New York, New York 10006.
Mr. Lattanzio is a citizen of the United States. Mr. Lattanzio is not joining in
the filing of this Schedule 13G.
ITEM 2. (D) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.01 per share
ITEM 2. (E) CUSIP NUMBER:
00 7094 105
ITEM 3.
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not Applicable.
ITEM 4. OWNERSHIP
Each of the Parties has agreed to, among other things, certain voting
provisions with respect to the election of directors. As a result, the Parties
may be deemed to be members of a "group" within the meaning of Rule 13d-5(b)(1)
under the Exchange Act, and accordingly may be deemed to have beneficial
ownership of all of the Shares. In addition, the Joint Filers may be deemed to
have beneficial ownership of all of the Shares due to their affiliation with,
control of or position in entities that are Parties. A total of 10,007,904
Shares, representing approximately 68.7% of the 13,796,651 shares of Common
Stock outstanding as of February 3, 1997, are subject to the Voting Agreement.
However, each of the Reporting Persons expressly disclaims (i) membership in
such group and (ii) beneficial ownership of such Shares, other than Shares
expressly identified herein as beneficially owned by such Reporting Person.
For information with respect to each of the Parties and the Joint
filers, please see the information set forth below:
(A) AMOUNT BENEFICIALLY OWNED:
See cover pages Item 9.
<PAGE>
(B) PERCENT OF CLASS:
-21-
See cover pages Item 11.
(C) NUMBER OF SHARES AS TO WHICH EACH OF THE MEMBERS OF
THE GROUP HAS:
(i) Sole power to vote or to direct the vote:
See cover pages Item 5.
(ii) Shared power to vote or to direct the vote:
See cover pages Item 6.
(iii) Sole power to dispose or to direct the
disposition of:
See cover pages Item 7.
(iv) Shared power to dispose or to direct the
disposition of:
See cover pages Item 8.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
The identity of each of the members of the group (as defined in Rule
13d-1(c)) is set forth in response to Item 2 above.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
Not Applicable
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ Paul J. Sarvadi
---------------------------------
Paul J. Sarvadi
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ Gerald M. McIntosh
---------------------------------
Gerald M. McIntosh
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ Richard G. Rawson
---------------------------------
Richard G. Rawson
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ Scott C. Hensel
---------------------------------
Scott C. Hensel
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ James W. Hammond
---------------------------------
James W. Hammond
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ Stephen M. Soileau
---------------------------------
Stephen M. Soileau
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ David W. Russell
---------------------------------
David W. Russell
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ William E. Lange
---------------------------------
William E. Lange
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
/s/ Gary F. Reed
---------------------------------
Gary F. Reed
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
The Sarvadi Family Foundation
By: /s/ Paul J. Sarvadi
------------------------------
Paul J. Sarvadi, President
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
The McIntosh Charitable Remainder
Unit Trust
By: /s/ David W. Russell
-----------------------------------
David W. Russell, Trustee
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
The Hammond Family Foundation
By: /s/ James W. Hammond
------------------------------
James W. Hammond, President
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
Gary and Nancy Reed Foundation
By: /s/ Gary F. Reed
----------------------------
Gary F. Reed, President
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
The Board of Trustees of The Texas Growth
Fund-1991 Trust
By: TGF Management Corp.,
as Executive Director
By: /s/ Stephen M. Soileau
------------------------------------
Stephen M. Soileau,
Executive Vice President
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 7, 1997
TGF Management Corp.,
By: /s/ Stephen M. Soileau
--------------------------------
Stephen M. Soileau,
Executive Vice President
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ Paul J. Sarvadi
-----------------------------
Paul J. Sarvadi
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ Gerald M. McIntosh
---------------------------------
Gerald M. McIntosh
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ Richard G. Rawson
------------------------------
Richard G. Rawson
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ Scott C. Hensel
----------------------------------
Scott C. Hensel
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ James W. Hammond
------------------------------
James W. Hammond
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ Stephen M. Soileau
-----------------------------------
Stephen M. Soileau
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ David W. Russell
-----------------------------------
David W. Russell
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ William E. Lange
---------------------------------
William E. Lange
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
/s/ Gary F. Reed
-------------------------
Gary F. Reed
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
The Sarvadi Family Foundation
By: /s/ Paul J. Sarvadi
----------------------------------
Paul J. Sarvadi, Presiden
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
The McIntosh Charitable Remainder
Unit Trust
By: /s/ David W. Russell
---------------------------------
David W. Russell, Trustee
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
The Hammond Family Foundation
By:/s/ James W. Hammond
----------------------------------
James W. Hammond, President
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
Gary and Nancy Reed Foundation
By: /s/ Gary F. Reed
----------------------------------
Gary F. Reed, President
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
The Board of Trustees of The Texas
Growth Fund-1991 Trust
By: TGF Management Corp.,
as Executive Director
By: /s/ Stephen M. Soileau
----------------------------------
Stephen M. Soileau,
Executive Vice President
<PAGE>
EXHIBIT A
Agreement re Joint Filing of Schedule 13G
By his or its signature below, each of the undersigned hereby agrees
that the Report on Schedule 13G to which this Agreement is an Exhibit is filed
on his or its behalf and that any amendment to the Report will likewise be filed
on his or its behalf if executed by such Reporting Person.
Date: February 7, 1997
TGF Management Corp.
By: /s/ Stephen M. Soileau
---------------------------------
Stephen M. Soileau,
Executive Vice President
