Summary of EASTERN CO - Yahoo! Finance

Item 4.01 - Changes in Registrant's Certifying Accountant

(a)

(i) On June 10, 2009, the Audit Committee of the Registrant recommended and approved the replacement of UHY LLP as the Registrant's independent registered public accounting firm effective June 10, 2009. On June 10, 2009, the Board of Directors of the Registrant accepted the recommendation of the Audit Committee.

(ii) The reports of UHY LLP on the Registrant's consolidated financial statements as of January 3, 2009 and December 29, 2007 and for each of the two fiscal years in the period ended January 3, 2009 did not contain any adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principles.

(iii) The decision to change the Registrant's independent registered public accounting firm was recommended and approved by the Audit Committee of the Registrant. The Board of Directors of the Registrant accepted the recommendation of the Audit Committee.

(iv) During the fiscal years ended January 3, 2009 and December 29, 2007 and through the date of this Form 8-K, there were no disagreements between the Registrant and UHY LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of UHY LLP, would have caused UHY LLP to make reference to the subject matter of the disagreements in connection with its report.

(v) None of the "reportable events" described in Item 304(a)(1)(v) of Regulation S-K of the Securities and Exchange Commission (the "SEC") have occurred during the fiscal years ended January 3, 2009 or December 29, 2007 or through the date of this Form 8-K.

The Registrant has requested UHY LLP to furnish the registrant with a letter addressed to the SEC stating whether UHY LLP agrees with the above statements. A copy of UHY LLP's letter, dated June 12, 2009, is attached as Exhibit 16 to this Form 8-K.

(b) On June 10, 2009, the Audit Committee of the Registrant recommended and approved the appointment of Fiondella, Milone & LaSaracina LLP as the Registrant's independent registered public accounting firm, effective June 10, 2009. On June 10, 2009, the Board of Directors of the Registrant accepted the recommendation of the Audit Committee.

During the fiscal years ended January 3, 2009 and December 29, 2007 and through the date of this Form 8-K, neither the Registrant nor anyone acting on its behalf consulted Fiondella, Milone & LaSaracina LLP regarding: (A) either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Registrant's consolidated financial statements; or (B) any matter that was either the subject of a disagreement with UHY LLP on accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to the satisfaction of UHY LLP, would have caused UHY LLP to make reference to the matter in connection with its report, or a "reportable event" as described in Item 304(a)(1)(v) of Regulation S-K of the SEC.