SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
------------
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 1)(1)
Drew Industries Incorporated
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share**
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(Title of Class of Securities)
26168L 205
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(CUSIP Number)
Leigh J. Abrams, 200 Mamaroneck Avenue, White Plains, N.Y. 10571
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 28, 1999
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box |_|.
Note. Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 21 Pages)
- ----------
(1) 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 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).
**The total number of shares reported herein is 752,418, which constitute
approximately 6.7% of the total number of shares outstanding. All ownership
percentages assume that there are 11,302,930 shares outstanding; including 7,200
shares subject to presently exercisable options, by Reporting Persons.
<PAGE>
CUSIP No. 26168L 205 SCHEDULE 13D Page 2 of 21 Pages
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
L. Douglas Lippert (1)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |x|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
SC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
L. Douglas Lippert is a citizen of the United States.
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7 SOLE VOTING POWER
661,111 (1) (2) (3)
--------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY --------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 661,111 (1) (2) (3)
WITH --------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
661,111 (1) (2) (3)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |x|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.8%
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14 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 26168L 205 13D Page 3 of 21 Pages
- --------------------
ATTACHMENT TO SCHEDULE 13D
(1) L. Douglas Lippert is the Reporting Person as Trustee of the following
seven (7)trusts (hereinafter, individually, the "Trust" and, collectively,
the "Trusts"):
(i) L. Douglas Lippert Living Trust, dated June 6, 1989
(ii) Lippert Family Irrevocable Trust f/b/o Jason D. Lippert, dated
December 20, 1986
(iii) Lippert Family Irrevocable Trust f/b/o Joshua E. Lippert, dated
December 20, 1986
(iv) Lippert Family Irrevocable Trust f/b/o Steven Shawn Lippert, dated
December 20, 1986
(v) Lippert Family Irrevocable Trust f/b/o Jarod B. Lippert, dated
December 20, 1986
(vi) Lippert Family Irrevocable Trust f/b/o Jaime R. Lippert, dated
December 20, 1986
(vii) Lippert Family Irrevocable Trust f/b/o Jayde S. Lippert, dated
December 20, 1986
Includes 607,265 shares held by L. Douglas Lippert as Trustee of Trusts (ii)
through (vii) above, over which Mr. Lippert has sole voting and dispositive
power. Mr. Lippert disclaims beneficial ownership of such shares.
(2) Includes 53,846 shares held in escrow on behalf of the L. Douglas Lippert
Living Trust, dated June 6, 1989, pursuant to an Indemnity Escrow Agreement,
dated October 7, 1997, by and among the L. Douglas Lippert Living Trust, dated
June 6, 1989, the Issuer, the Subsidiary and an Escrow Agent (the "Indemnity
Escrow Agreement"). The L. Douglas Lippert Living Trust, dated June 6, 1989,
shall be entitled to the escrowed shares unless the Reporting Person fails to
pay to the issuer an Indemnifiable Loss (as defined in the Agreement and Plan of
Merger, dated October 7, 1997, by and among the Issuer, the Subsidiary, LCI and
the shareholders of LCI (the "Merger Agreement")).
(3) Excludes 50,000 shares subject to an option at $9.3125 per share which is
not exercisable withing 60 days.
<PAGE>
CUSIP No. 26168L 205 SCHEDULE 13D Page 4 of 21 Pages
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Lawrence C. Lippert
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |x|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
SC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Lawrence C. Lippert is a citizen of the United States.
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7 SOLE VOTING POWER
23,269
--------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY --------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 23,269
WITH --------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
23,269
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
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14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 26168L 205 SCHEDULE 13D Page 5 of 21 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Dorothy F. Lippert
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |x|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
SC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Dorothy F. Lippert is a citizen of the United States.
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7 SOLE VOTING POWER
31,846
--------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY --------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 31,846
WITH --------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,846
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 26168L 205 SCHEDULE 13D Page 6 of 21 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Jason D. Lippert
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |x|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
SC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Jason D. Lippert is a citizen of the United States.
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7 SOLE VOTING POWER
28,992 (1)
--------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY --------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 28,992 (1)
WITH --------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,592 (2)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 26168L 205 13D Page 7 of 21 Pages
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ATTACHMENT TO SCHEDULE 13D
(1) Excludes 9,000 shares subject to an option at $12.125 per share, which is
presently exercisable as to 3,600 shares, and not exercisable within 60
days as to 5,400 shares. Excludes 22,000 subject to an option at $8.8125
per share which is not exercisable within 60 days.
(2) Includes 3,600 shares subject to an option at $12.125 per share which is
presently exercisable as to such shares; excludes 5,400 shares subject to
such option as to which such option is not exercisable within 60 days;
excludes 22,000 shares subject to an option at $8.8125 per share which is
not exercisable within 60 days.
<PAGE>
CUSIP No. 26168L 205 SCHEDULE 13D Page 8 of 21 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Joshua E. Lippert
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |x|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
SC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Joshua Lippert is a citizen of the United States.
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7 SOLE VOTING POWER
-0- (1)
--------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY --------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0- (1)
WITH --------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,600 (2)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
less than 0.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 26168L 205 13D Page 9 of 21 Pages
- --------------------
ATTACHMENT TO SCHEDULE 13D
(1) Excludes 9,000 shares subject to an option at $12.125 per share, which is
presently exercisable as to 3,600 shares, and not exercisable within 60
days as to 5,400 shares. Excludes 20,000 subject to an option at $8.8125
per share which is not exercisable within 60 days.
(2) Includes 3,600 shares subject to an option at $12.125 per share which is
presently exercisable as to such shares; excludes 5,400 shares subject to
such option as to which such option is not exercisable within 60 days.
Excludes 20,000 shares subject to an option at $8.8125 per share which is
not exercisable within 60 days.
<PAGE>
CUSIP No. 26168L 205 13D Page 10 of 21 Pages
- --------------------
ATTACHMENT TO SCHEDULE 13D
The Reporting Persons are filing this single joint Schedule 13D because
they may be deemed to constitute a "group" within the meaning of Section
13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Act"),
although membership in a "group" is disclaimed and neither the fact of this
filing nor anything contained herein shall be deemed to be an admission by the
Reporting Persons that a "group" exists. Unless otherwise indicated, all defined
terms used herein shall have the same meaning as those set forth in Schedule
13D.
<PAGE>
CUSIP No. 26168 L 205 13D Page 11 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
Item 1. Security and Issuer
No Change
<PAGE>
CUSIP No. 26168 L 205 13D Page 12 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
Item 2. Identity and Background
Item 2 is hereby amended by substituting the following information:
(a) Name: L. Douglas Lippert
(b) Business Address: Lippert Components, Inc.
2375 Tamiami Trail N.
Suite 110
Naples, FL 34103
(c) Occupation: President and Chief Executive
Officer of Lippert Components, Inc.
(d) Criminal Convictions: None
(e) Civil Proceedings: None
(f) Citizenship: United States
(a) Name: Lawrence C. Lippert
(b) Business Address: Lippert Components, Inc.
2375 Tamiami Trail N.
Suite 110
Naples, FL 34103
(c) Occupation: Retired
(d) Criminal Convictions: None
(e) Civil Proceedings: None
(f) Citizenship: United States
(a) Name: Dorothy F. Lippert
(b) Business Address: Lippert Components, Inc.
2375 Tamiami Trail N.
Suite 110
Naples, FL 34103
(c) Occupation: Retired
(d) Criminal Convictions: None
(e) Civil Proceedings: None
(f) Citizenship: United States
(a) Name: Joshua E. Lippert
(b) Business Address: Lippert Components, Inc.
2375 Tamiami Trail N.
Suite 110
Naples, FL 34103
(c) Occupation: Employee of Lippert Components, Inc.
(d) Criminal Convictions: None
(e) Civil Proceedings: None
(f) Citizenship: United States
(a) Name: Jason D. Lippert
(b) Business Address: Lippert Components, Inc.
16849 County Road 38
Goshen, IN 465226
(c) Occupation: Executive V.P.of Lippert Components,
Inc.
(d) Criminal Convictions: None
(e) Civil Proceedings: None
(f) Citizenship: United States
<PAGE>
CUSIP No. 26168 L 205 13D Page 13 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
Item 3. Source and Amount of Funds or Other Consideration
No Change
<PAGE>
CUSIP No. 26168 L 205 13D Page 14 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
Item 4. Purpose of Transaction
No Change
<PAGE>
CUSIP No. 26168 L 205 13D Page 15 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
Item 5. Interest in Securities of the Issuer
Paragraph (a) of Item 5 is hereby partially amended by substituting
the following information relating to L. Douglas Lippert, Lawrence C. Lippert
and Jason D. Lippert.
Because L. Douglas Lippert has sole voting and dispositive power
over 661,111 shares as Trustee of the Trusts, the aggregate number of shares of
stock owned beneficially by L. Douglas Lippert pursuant to Rule 13d-3 is
661,111, constituting approximately 5.9% of the Issuer's outstanding shares of
Common Stock.
Because of Lawrence C. Lippert's sole ownership of 23,269 shares,
the aggregate number of shares of stock owned beneficially by Lawrence C.
Lippert pursuant to Rule 13d-3 is 23,269, constituting approximately 0.2% of the
Issuer's outstanding shares of Common Stock.
Because of Jason D. Lippert's sole ownership of 32,592 shares,
including 3,600 shares pursuant to a presently exercisable options, the
aggregate number of shares of stock owned beneficially by Jason D. Lippert
pursuant to Rule 13d-3 is 32,592, constituting approximately 0.3% of the
Issuer's outstanding shares of Common Stock.
Paragraph (a) of Item 5 is hereby partially amended by adding at the
end thereof the following information for Joshua E. Lippert.
Because of Joshua Lippert's sole ownership of 3,600 shares pursuant
to a presently exercisable option, the aggregate number of shares of stock owned
beneficially by Joshua Lippert pursuant to Rule 13d-3 is 3,600, constituting
less than 0.1% of the Issuer's outstanding shares of Common stock.
Paragraph (b)
See response to Paragraph (a) above.
Paragraph (c)
Paragraph (c) of Item 5 is hereby partially amended by adding at the
end thereof the following:
During the last 60 days, the following transactions in shares of
Common Stock were affected by the Reporting Persons:
<PAGE>
CUSIP No. 26168 L 205 13D Page 16 of 21 Pages
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ATTACHMENT TO SCHEDULE 13D
On November 18, 1999, options with respect to an aggregate of 42,000
shares of Common Stock were granted by the Company to Certain Reporting Persons
in the amount set forth below, at the exercise price of $12.125 per share.
Shares of Common Stock
Reporting Person Subject to Option
---------------- ----------------------
Jason D. Lippert 22,000
Joshua E.Lippert 20,000
On December 28, 1999, L. Douglas Lippert transferred 1,376,994
shares of Common Stock to L. Douglas Lippert Flite Trust dated December 10,
1999, The Northern Trust Company as Trustee. The Trustee has sole voting and
dispositive power with respect to such shares.
Paragraph (d)
Not applicable.
Paragraph (e)
Not applicable.
<PAGE>
CUSIP No. 26168 L 205 13D Page 17 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
Item 6. Contracts, Arrangements, Understanding or Relationships with Respect
to Securities of the Issuer
Item 6 is hereby partially amended by adding at the end thereof the
following information:
In October 1998, the Contingency Escrow was terminated and such
shares were distributed to the Trusts, because the required level of Actual
Operating Profit (as defined) was achieved.
<PAGE>
CUSIP No. 26168 L 205 13D Page 18 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
Item 7. Exhibits
Item 7 is hereby partially amended by adding at the end thereof, the
following:
Exhibit D-1 Power of Attorney authorizing L. Douglas Lippert to act
on behalf of Joshua E. Lippert.
<PAGE>
CUSIP No. 26168 L 205 13D Page 19 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
After reasonable inquiry and to the best of the knowledge and belief
of each of the undersigned, each such person certifies that the information set
forth in this statement with respect to such person is true, complete and
correct.
Dated: January 14, 2000
/s/ L. Douglas Lippert
--------------------------------------------
L. Douglas Lippert, as Trustee of:
The L. Douglas Lippert Living Trust,
dated June 6, 1989;
The Lippert Family Irrevocable Trust
f/b/o Jason D. Lippert, dated December
20, 1986;
The Lippert Family Irrevocable Trust
f/b/o Joshua E. Lippert, dated
December 20, 1986;
The Lippert Family Irrevocable Trust
f/b/o Steven Shawn Lippert, dated
December 20, 1986;
The Lippert Family Irrevocable Trust
f/b/o Jarod B. Lippert, dated December
20, 1986;
The Lippert Family Irrevocable Trust
f/b/o Jaime R. Lippert, dated December
20, 1986;
The Lippert Family Irrevocable Trust
f/b/o Jayde S. Lippert, dated December
20, 1986; and
as Attorney-in-fact for:
Lawrence C. Lippert (1)
Dorothy F. Lippert (1)
Jason D. Lippert (1)
Joshua Lippert (2)
- ----------
(1) The Power of Attorney authorizing L. Douglas Lippert to act on
behalf of such persons is incorporated by reference to Exhibit D of
the Schedule 13D dated October 16, 1997, relating to Common Stock of
Drew Industries Incorporated.
(2) The Power of Attorney authorizing L. Douglas Lippert to act on
behalf of such persons is attached hereto a Exhibit D-1.
<PAGE>
CUSIP No. 26168 L 205 13D Page 20 of 21 Pages
- ---------------------
ATTACHMENT TO SCHEDULE 13D
EXHIBIT E
Pursuant to Rule 13d-1(f)(1)(iii) of Regulation 13D-G of the General
Rules and Regulations of the Securities and Exchange Commission under the
Securities and Exchange Act of 1934, as amended, the undersigned agree that the
statement to which this Exhibit is attached is filed on behalf of each of them
in the capacities as set forth herein below.
Dated: January 14, 2000
/s/ L. Douglas Lippert
--------------------------------------------
L. Douglas Lippert, as Trustee of:
The L. Douglas Lippert Living
Trust, dated June 6, 1989;
The Lippert Family Irrevocable
Trust f/b/o Jason D. Lippert, dated
December 20, 1986;
The Lippert Family Irrevocable
Trust f/b/o Joshua E. Lippert,
dated December 20, 1986;
The Lippert Family Irrevocable
Trust f/b/o Steven Shawn Lippert,
dated December 20, 1986;
The Lippert Family Irrevocable
Trust f/b/o Jarod B. Lippert, dated
December 20, 1986;
The Lippert Family Irrevocable
Trust f/b/o Jaime R. Lippert, dated
December 20, 1986;
The Lippert Family Irrevocable
Trust f/b/o Jayde S. Lippert, dated
December 20, 1986; and
as Attorney-in-fact for:
Lawrence C. Lippert (1)
Dorothy F. Lippert (1)
Jason D. Lippert (1)
Joshua Lippert (2)
- ----------
(1) The Power of Attorney authorizing L. Douglas Lippert to act on
behalf of such persons is incorporated by reference to Exhibit D of
the Schedule 13D dated October 16, 1997, relating to Common Stock of
Drew Industries Incorporated.
(2) The Power of Attorney authorizing L. Douglas Lippert to act on
behalf of such persons is attached hereto a Exhibit D-1.
<PAGE>
CUSIP No. 26168 L 205 13D
- ---------------------
EXHIBIT D-1
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby
irrevocably constitute and appoint L. Douglas Lippert the true and lawful agent
and attorney-in-fact of the undersigned, with full power of substitution and
with the power and authority to execute and file with the United States
Securities and Exchange Commission, in the name and on behalf of the
undersigned, individually and in the capacity stated below, one or more
amendments to the Schedule 13D, dated October 7, 1997, with respect to the
undersigned's beneficial ownership of the Common Stock, par value $.01 per
share, of Drew Industries Incorporated, which amendments may make such changes
in such Schedule 13D as either he deems appropriate. The undersigned hereby
ratifies and confirms all that said agent and attorney-in-fact, or his
substitute, may do by virtue hereof as fully to all intents and purposes as the
undersigned might or could do in person. Executed the 14th day of January, 2000.
/s/ Joshua E. Lippert
----------------------------------------
Joshua E. Lippert
STATE OF FLORIDA
COUNTY OF COLLIER
On this 14th day of January, 2000 before me personally appeared
Joshua E. Lippert, to me known, who being by me duly sworn, did depose and say
that he executed the foregoing Power of Attorney.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my
official seal in the County and State aforesaid on the day and year first above
written.
/s/ Wendy S. Brecht
Wendy Sue Brecht
Commission #CC 870247
[Seal] [Seal] Expires Sep. 12, 2003
Bonded Thru
Atlantic Bonding Co., Inc.
