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    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">Dear Colleagues:</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">As you know, the federal sequestration has gone
        into effect.</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">The Department of Energy has made an analysis of
        sequestration
        and the impact it will have on DOE operations. In that scenario,
        Jefferson Lab
        could experience a reduction of as much as $4 million in the
        current fiscal
        year.</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">In that case, we would expect some significant
        impacts:</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText" style="margin-left: 0.5in;"><span
        style="font-size: 12pt; font-family: Arial;">- Our initial
        response would be
        to seek reductions in the purchase of materials and supplies.
        This would, of
        course, have some adverse impacts. For instance, restoration of
        the lab&#8217;s
        cryogenic supply functionality, which is needed to ensure future
        accelerator
        operability, would be affected.</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText" style="margin-left: 0.5in;"><span
        style="font-size: 12pt; font-family: Arial;">- If necessary, we
        could
        implement employee furloughs for up to two weeks, which also
        would affect those
        working on the 12 GeV Upgrade project. </span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">There is additional uncertainty because of the
        expiration of the Continuing Resolution on March 27. So, we will
        need to be
        patient as the FY13 budget works its way through the legislative
        process.</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">Our primary goal through this process is to
        preserve the mission of the lab, and so we will make every
        effort to minimize
        the impact of sequestration on our staff and on our research. </span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">We know we can count on you to stay focused on your
        work, and on the safety of you and your co-workers.</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">&nbsp;</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">Hugh Montgomery</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">Director</span></p>
    <p class="MsoPlainText"><span style="font-size: 12pt; font-family:
        Arial;">Jefferson Lab</span></p>
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