The Company is involved in various legal proceedings. We establish reserves for specific legal proceedings when we determine that
the likelihood of an unfavorable outcome is probable and the amount of loss can be reasonably estimated. Management has also
identified certain other legal matters where we believe an unfavorable outcome is reasonably possible and/or for which no
estimate of possible losses can be made. Management believes that the total liabilities to the Company that may arise as a result
of currently pending legal proceedings will not have a material adverse effect on the Company taken as a whole.