In a filing with the SEC, Easton-Bell Sports reported that currentPresident of Easton-Bell Sports, Inc. and President of the Action Sports division, William Fry, announced to the board of directors that he intends to exercise his rights under Section 4.6 of his employment agreement as currently in effect, meaning that he will terminate his employment with the company. The effective date is expected to be on or about March 15, 2007.