More Clarity on A-B’s Equity Agreement Enforcement

Dear Client: A-B vp sales Dave Almeida sent a memo to distributors yesterday giving more information about keeping distributors in compliance with Exhibit 9 of their Equity Agreement. Recall that BBD first reported that A-B shared the outline of the program with distributors during a conference call last week, and that while there are no changes in the Equity Agreement itself, the assessment process of distributors against that agreement. A-B stressed this program was endorsed by their Wholesaler Panel. "The