Because of their shareholdings as individuals and in family trusts and foundations, though, the founders' children, now ranging in age from late 40's to early 60's, are being forced to take a stand. Mr. Hewlett, then, is in an unusual, touchy position. The founders' children had different inclinations, and they were raised in a different time. Doyourownwill.com provides the only truly free estate planning documents on the web. Sixth: A. I authorize (but do not require) my executor: 1. His contributions to Stanford have touched nearly every part of our academic endeavor, nourishing and replenishing us year after year. or knows people who work for H.P. As an undergraduate at Stanford in the early 1930s, Packard spent much of his time on the football field. The Will of David Packard. Susan Packard Orr, the chairwoman of the family foundation, appears to share some of Ms. Fiorina's views, while her brother, David Woodley Packard, announced last month that he opposed a merger with Compaq. Such deals, it says, create disruption as the merged companies try to meld disparate operations and corporate cultures. Last week, he traveled to New York and Boston, meeting privately with several large institutional shareholders. Ms. Fiorina's reputation is pinned to the Compaq deal, which she has championed as a bold step to reinvigorate Hewlett-Packard and to make it more competitive in difficult times. Mr. Hackborn, now a Hewlett-Packard director, is a leading board advocate for the Compaq merger. His wife, Lucile, played an active role in the family's charitable foundation. I, DAVID PACKARD, declare that this is my will. To sell, with or without notice, at either public or private sale, and to encumber or lease any property belonging to my estate, subject only to such confirmation of court as may be required by law. Through children and grandchildren, the Packard family ties with the university will continue into an indeterminate future.". But Mr. Hewlett and his lawyer say he had misgivings about the merger even then. More significant, Walter Hewlett, the lone remaining family member on the board of Hewlett-Packard, is actively lobbying institutional investors to vote against the deal. ''Based on our analysis, we believe this is just a bad deal,'' explained Spencer C. Fleischer, the firm's vice chairman, who accompanied Mr. Hewlett in New York and Boston. Packard is survived by four children: David Woodley Packard, Nancy Ann Packard Burnett, Susan Packard Orr and Julie Elizabeth Stephens. Income from the Terman Fellows Fund, which was created in 1994, helps some of Stanford's brightest young faculty launch academic careers in science and engineering by providing three years of initial research funding. COMMENT: Marlene Somsak, Hewlett Packard, (415) 857-6805 Although he and his advisers say there is no personal edge to his campaign, Mr. Hewlett is directly confronting Ms. Fiorina, who was recruited from Lucent Technologies two years ago. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, selection of forms or strategies. Third: I nominate as executors ("executor") of this will those of my children who are competent and willing to act. and Sun Microsystems, which will gain market share while Hewlett-Packard is distracted. Like others, Mr. Platt gives no hint as to how he might lean on the merger, and he will listen closely to the Booz-Allen & Hamilton analysis this Friday. I subscribe my name to this will this 20th day of August, 1987, at Los Altos Hills. President Gerhard Casper described Packard as one of Stanford's "staunchest friends and supporters for a period that extended almost two thirds of the university's existence. ''It turned out that I was really good at programming,'' Mr. Packard said in an interview last week. The views of Mr. Platt will also receive a close hearing from the remainder of the foundation board. The couple was married in 1938 in Schenectady, N.Y., where Packard had landed a job with General Electric's vacuum tube engineering department. CONTACT: Stanford University News Service (650) 723-2558 It may also change the dynamics among the Packard siblings, whose leanings have not been disclosed but could very well differ, and among the two families, who practically grew up together. From his early days as an undergraduate in the engineering department to his 15-year stint on the Board of Trustees, to his generous donations to Stanford, Packard remained deeply committed to his alma mater. For his part, Mr. Packard says he has no influence over his sisters' decision other than expressing his views. At the urging of Terman, Packard took a leave from his job later that year to return to Stanford on a fellowship. ''It all comes down to one issue for me -- what's best for the business, not so much this year or next year, but for the long term.''. He was soon spending a lot of time at the Harvard computer center, writing code for a hulking I.B.M. Guests were handed printed programs, with a sepia-toned photograph of David Packard looking back as he drives a tractor on his ranch. In addition to leading a small software company, she holds an M.B.A. from Stanford, where she is a trustee. He set records in track as a freshman, received a varsity letter in basketball, and served on the executive committee of the Associated Students of Stanford University during his junior year. Our vision was to deliver accurate and reliable legal information for little to no cost to the user. He declared his opposition to the merger on Nov. 6, after the four-member stock committee of his family foundation and an investment advisory firm both concluded that the Compaq deal would be bad for Hewlett-Packard shareholders. Because we are not a law firm, we cannot provide legal advice and any questions regarding legal advice or estate planning must be directed to a qualified attorney. If the foundation votes against the deal, the merger is not necessarily dead, but 18 percent of the shares will be securely in the opposition camp. David Packard (/ ˈ p æ k ər d / PAK-ərd; September 7, 1912 – March 26, 1996) was an American electrical engineer and co-founder, with Bill Hewlett, of Hewlett-Packard (1939), serving as president (1947–64), CEO (1964–68), and Chairman of the Board (1964–68, 1972–93) of HP. But he will make his own decision, and he says the prospect weighs on him as he works the fields and greenhouses of his business, the Elkhorn Native Plant Nursery in Moss Landing, Calif. Hewlett-Packard may be a big global corporation, but for all the family members, the decision will be both personal and local. In 1986, the Packards made a personal $40 million "cornerstone" pledge to the construction of the Lucile Salter Packard Children's Hospital, which opened in June 1991. Two former Hewlett-Packard executives, Lewis E. Platt, who was chief executive from 1992 to 1999, and Dean O. Morton, a former chief operating officer, also have seats. His wife, Lucile Packard, died in 1987. The merged company, she argues, will be more competitive against I.B.M. Mr. Hewlett's adviser, Friedman Fleischer, did not visit Hewlett-Packard's management, preferring to work from public records. As a director, Mr. Hewlett attended the meetings when the Compaq merger was weighed and, along with the other directors, voted in favor of the deal announced on Sept. 4. We are not a law firm or a substitute for an attorney or law firm. We hereby declare under penalty of perjury that the following is true and correct: This will, of which this declaration is a part, was personally signed today by DAVID PACKARD, the maker thereof, in our presence and in the presence of each of us, and at the time of his subscribing said instrument, he declared to us and to each of us that it was his will, and at his request and in his presence and in the presence of each other we signed our names as witnesses thereto. First: I revoke all wills and codicils that I have previously made. It has since grown to become Silicon Valley's largest employer with 100,000 employees and revenues last year of more than $31 billion. Packard is survived by four children: David Woodley Packard, Nancy Ann Packard Burnett, Susan Packard Orr and Julie Elizabeth Stephens. This declaration and the above attestation are executed on the date and at the place set forth above the maker's signature. The son of a midwestern lawyer, Packard was lured to Stanford, in part, by a textbook on radio engineering that was written by Terman, then a young professor at Stanford. Until February, Ms. Orr was a member of the Hewlett-Packard board, and she served on a board committee that was crucial in hiring Ms. Fiorina in 1999. More than 41,000 hectares of ruins buried by Vesuvius attract about 31,000 tourists a year, an alternative to the nearby ruins of Pompeii … There is time, because the shareholder vote will not come until late February at the earliest, the company says, awaiting antitrust reviews in the United States and Europe. Second: I am a widower. How family ties might affect the decision of the Packard Foundation, if at all, is difficult to say. "It was as much Dave's business sense and drive as Bill Hewlett's creative genius in the scientific field that made Hewlett-Packard such an outstanding international success and the 'HP Way' so envied and copied everywhere," said Lyle Nelson, director of university relations from 1961 to 1972. I, DAVID PACKARD, declare that this is my will. The critique in the Friedman Fleischer document has two central points. We created Trial Data, Inc. in 1999 in Seattle, Washington. ''We're not diversified like other foundations,'' said George Vera, its chief financial officer. "I've worried about this for so long, but it was so easy, thank you so much." Your access to the website is subject to our Disclaimer. A former HP board member, David is best known for his opposition to the HP-Compaq merger and his support for classical studies, especially regarding the digitization of classics research. He was also deeply involved in selecting Ms. Fiorina as his successor, and for years he worked closely with Richard A. Hackborn, a former executive vice president of Hewlett-Packard who is widely respected in Silicon Valley. They will, he said, remain close regardless of the outcome: ''Everybody tries to make this into a soap opera, but it's not. "He set extremely high standards in his philanthropy - and in his life," Freidenrich said. We have no knowledge of any facts indicating that this will, or any part of it, was procured by duress, menace, fraud or undue influence. Those seven include Richard T. Schlosberg III, the chief executive of the foundation; Colin S. Wilbur, the former executive director of the foundation; and experts in the main fields that receive grants from the foundation, like environmental protection, public health and marine biology. But Stephen C. Neal, a partner at Cooley Godward, a law firm representing Mr. Hewlett, said: ''When Walter voted for it as a board member, I think he and everyone on the board understood that he might vote differently as a shareholder. Percent of the top 50 shareholders as possible, she holds an M.B.A. from Stanford, where she is trustee! Orr, the deal collapses, Ms. Fiorina and the arts, conservation and the arts meeting privately several. His wife, Lucile Packard, died in 1987 accurate and reliable information..., however, Ms. Fiorina told securities analysts last month life, '' Ms. Fiorina is to! Is survived by four children: David Woodley Packard, Nancy Packard Burnett, Packard. Him to the emerging field of radio engineering bond shall be required of the Packard foundation if! An M.B.A. from Stanford, where she is a well-established pattern of independent-mindedness among the heirs $ 2.5 annually... 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