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<br /> <br />1 0 QN<jte 9 - <br />;)0-' <br /> <br />Cj)mpany Profit Sharing Plan <br /> <br />Tj1e Company has a profit sharing plan. All employees with 1,000 <br />or more annual hours of service become eligible after completion of <br />siX months of service. After six months of service they enter the <br />plan on the next following May 1 or November 1. Contributions by <br />the employer to the plan were $4,350 for the year ended Octoher <br />31, 1993. Total contributions to the plan are $25 per month per <br />employee. <br /> <br />Note 10. Pending Litigation <br /> <br />The Company is currently involved in a civil rights lawsuit. A <br />s~tt1ement agreement, dated November 10, 1993, has been agreed <br />to by the parties, but has not been approved by the Colorado <br />authorities as of the date of the financial statements. <br /> <br />26 <br />