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Mr. Margolis has been a director since May 1995. Mr. Margolis was appointed Chairman of the Board of Directors and Chief Executive Officer on May 5 1995. Mr. Margolis was the co-founder of the Company�s Apparel Division in 1981. He had been the Co-Chairman of the Board of Directors President and Chief Executive Officer since June 1990 and became Chairman of the Board of Directors on June 1 1993. Mr. Margolis resigned all of his positions with the Company on October 31 1993 and entered into a one-year consulting agreement with the Company. Subsequently Mr. Margolis rejoined us as Chairman and CEO in 1995. Mr. Margolis� services as Chief Executive Officer are provided pursuant to the terms of a management agreement between Mr. Margolis and the Company. | 