ACCEPTANCE OF APPOINTMENT
I, R. D. Fritzler, having been appointed the president of Sphinx Industries,
Inc. (the Corporation) do hereby accept said position.
I understand that, in accordance with the by-laws of the Corporation, the
president shall:
-Manage and be responsible for daily operation of the Corporation's
business affairs.
-Set all employment policies and practices.
-Be authorized to borrow money and make loans at his discretion.
-Be authorized to make purchases, enter into contracts, and execute any
documents representing debts of any nature on behalf of the
Corporation.
-Be authorized to make any decisions, take any action, issue any
directive necessary for the transaction of the Corporation's business.
Dated as of March 20, 1997
original signature on file
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President
