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<SEC-DOCUMENT>0000926044-08-000463.txt : 20090202
<SEC-HEADER>0000926044-08-000463.hdr.sgml : 20090202
<ACCEPTANCE-DATETIME>20081015112247
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000926044-08-000463
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20081015

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENTEX CORP
		CENTRAL INDEX KEY:			0000355811
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLE PARTS & ACCESSORIES [3714]
		IRS NUMBER:				382030505
		STATE OF INCORPORATION:			MI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		600 N CENTENNIAL ST
		CITY:			ZEELAND
		STATE:			MI
		ZIP:			49464
		BUSINESS PHONE:		6167721800
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>Gentex Corporation correspondence 10/15/08</TITLE>
</HEAD>
<BODY>


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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><IMG SRC="gentex-logo.gif"> </FONT></P>



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<A NAME=A001></A>
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>October 15, 2008 </FONT></P>

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<A NAME=A002></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>VIA FEDERAL EXPRESS AND
EDGAR </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ms. Amanda McManus, Branch Chief, Legal <BR>
Ms. Michelle Lacko <BR>
Securities and Exchange Commission <BR>
Division of Corporation Finance <BR>
100 F. Street N.E., Mail Stop 3561<BR>
Washington, D.C. 20549 </FONT></P>




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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         Re:  </FONT></TD>
<TD WIDTH=90% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Gentex
Corporation<BR>
Form 10-K for the fiscal year ended December 31, 2007<BR>
Filed February 27, 2008<BR>
Definitive Proxy Statement on Schedule 14A<BR>
Filed April 10, 2008<BR>
File No. 000-10235 </FONT></TD>
</TR>
</TABLE>
<BR>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dear Ms. McManus and Ms. Lacko: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
letter is being submitted on behalf of Gentex Corporation, a Michigan corporation (the
&#147;Company&#148;) in response to the comment letter from the staff of the Commission
dated September 10, 2008 (the &#147;Comment Letter&#148;), which was received by the
Company on October 8, 2008. In accordance with the instructions contained in the Comment
Letter, this response letter will confirm that the staff&#146;s comments will be complied
with, or if certain of the comments are deemed inappropriate, the staff is advised of the
reason. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following responses have been numbered to correspond to the numbered comments contained in
the Comment Letter. </FONT></P>

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<A NAME=A004></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Form 10-K for the fiscal
year ended December 31, 2007 (filed February 28, 2008)</U> </FONT> </H1>

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<A NAME=A005></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Part II, page 17</U> </FONT> </P>

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<A NAME=A006></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Item 5. Market for the
Registrant&#146;s Common Equity . . . , page 17</U> </FONT> </P>

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          <TR VALIGN=TOP>
          <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.</FONT></TD>
          <TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          In future filings, please provide a line graph containing the information
          required by Item 201(e) of Regulation S-K. </FONT></TD>
          </TR>
          </TABLE>
          <BR>


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<HR SIZE=3 NOSHADE><p Style='page-break-before:always'>



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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ms. Amanda McManus<BR>
Ms. Michelle Lacko<BR>
October 15, 2008<BR>
Page 2 </FONT></P>


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<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><I>Response:</I></B> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>The Company
did submit a line graph containing the information required by Item 201(e) of Regulation
S-K to Bowne &amp; Co., Inc. for filing via EDGAR. In addition, the Company submitted the
data points included in said line graph to Bowne &amp; Co., Inc. at its Detroit office&#146;s
request. In the future, the Company will work with Bowne &amp; Co, Inc. to provide the
line graph via EDGAR as requested in this comment by the staff.</I> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<A NAME=A008></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Definitive Proxy
Statement on Schedule 14A (filed April 10, 2008)</U> </FONT> </H1>

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<A NAME=A009></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Compensation Discussion
and Analysis, page 16</U> </FONT> </P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2. </FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We
note your disclosure on page 16 that the CEO and other members of management
          attend meetings of the Compensation Committee at the request of the
Compensation           Committee. In future filings, please discuss in reasonably
complete detail the           role of the CEO and other members of management in your
compensation processes           and any input these individuals provide during the
crafting of compensation           packages.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><I>Response:</I></B> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>The Company
respectfully refers the staff to page 17 of the above-referenced Definitive Proxy
Statement, under the heading of <B>&#147;Role of Executives in Establishing Compensation.&#148; </B>The
Company believes that this section does describe, in reasonably complete detail, the role
of the CEO and other members of management in the Company&#146;s compensation processes
as well as management input with respect to compensation packages. Notwithstanding the
foregoing, the Company acknowledges the staff&#146;s comment and will continue to include
such information in future filings.</I> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3. </FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>We
note your disclosure on page 19 that you do not rely on specific performance
          targets. In addition, we note that you use a number of subjective criteria to
          evaluate the performance of your CEO and executive officers and determine their
          base pay, bonuses and stock-based compensation. In future filings, please
revise           your disclosure to clarify the manner in which qualitative inputs
relating to           individual and company performance are translated into objective
pay           determinations. Also, please discuss the specific items of corporate
performance           that you take into account in setting compensation policies and
making           compensation decisions.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><I>Response:</I></B> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>As requested
in the staff&#146;s comment, the Company will in future filings: clarify the manner in
which qualitative inputs relating to individual and company performance are translated
into pay determinations; and discuss items of corporate performance that are taken into
account in setting compensation policies and making compensation decisions.</I> </FONT> </TD>
</TR>
</TABLE>
<BR>


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<HR SIZE=3 NOSHADE><p Style='page-break-before:always'>


<!-- MARKER FORMAT-SHEET="Para Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ms. Amanda McManus<BR>
Ms. Michelle Lacko<BR>
October 15, 2008<BR>
Page 3 </FONT></P>




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<A NAME=A012></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Summary Compensation
Table, page 23</U> </FONT> </P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4. </FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In
future filings, please disclose all assumptions made in the valuation of           stock
and option awards reported in the Summary Compensation Table, either in a
          footnote or by a reference in a footnote to a discussion of those assumptions
in           a specific part of your financial statements, footnotes to the financial
          statements or discussion in the Management&#146;s Discussion and Analysis.
Refer           to the Instruction to Item 402(c)(2)(v) and (vi) of Regulation S-K.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><I>Response:</I></B> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2> </FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>Please note
that the Company does make reference to its Annual Report in the footnotes to the Summary
Compensation Table in the Proxy Statement. The Company will, pursuant to the staff&#146;s
comment, in the future make a more specific reference to the footnotes to the financial
statements which include a discussion of the assumptions made in the valuation of stock
and stock option awards reported in the Summary Compensation Table.</I> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
letter has been submitted in electronic form, under the label &#147;corresp&#148; with a
copy to the staff, within ten (10) business days of the Company&#146;s receipt of the
Comment Letter (which occurred October 8, 2008). In addition, the Company acknowledges
that: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#149;the
Company is responsible for the adequacy and accuracy of the disclosure in the filing; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#149;staff
comments or changes to disclosure in response to staff comments do not foreclose the
Commission from taking any action with respect to the filing; and </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#149;the
Company may not assert staff comments as a defense in any proceeding initiated by the
Commission or any person under the federal securities laws of the United States. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
hope the foregoing is sufficiently responsive to your comments. Please do not hesitate to
contact me by telephone at 616-748-8514 or by fax at 616-772-0321 with any questions or
comments you may have. Thank you. </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD ALIGN=CENTER WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD ALIGN=LEFT WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Sincerely,<BR>
<BR>/s/ Steve Dykman<BR><BR>
Steve Dykman<BR>
Vice President - Finance and<BR>
Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
<BR>


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<TR VALIGN=TOP>
<TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>c: </FONT></TD>
<TD WIDTH=95% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
Fred Bauer<BR>Chief Executive Officer </FONT></TD>
</TR>
</TABLE>
<BR>


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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
