Mr. Honeywell has promised Vern that he will step down and give Vern the presidency of the company, but when the time comes, he's not ready to retire. He says that if Vern gets a contract with an important client, he will step down, but if Mr. Honeywell himself gets it, he will remain president. Vern agrees, but Mr. Honeywell tricks Margie into working against her father.