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New words:
attached, consummation, director, Esq, Exhibit, forma, Friedmann, group, LLC, Mellon, Michael, misuse, moderate, Nadav, Pro, Registered, Summary, tender, thereto
Removed:
America, comparative, declared, reclassified, registration
Filing tables
Filing exhibits
- 10-Q Quarterly report
- 3.1 Amended and Restated Certificate of Incorporation
- 4.1 Specimen Common Stock Certificate
- 10.1 Changes In Executive Officer Compensation Arrangements
- 31.1 Certification of Chief Executive Officer Pursuant to Section 302
- 31.2 Certification of Chief Financial Officer Pursuant to Section 302
- 32.1 Certification of Chief Executive and Financial Officers Pursuant to Section 906
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Exhibit 10.1
CHANGES IN EXECUTIVE OFFICER COMPENSATION ARRANGEMENTS
The following is a summary of changes in compensation arrangements for our executive officers during the quarter ended June 30, 2005:
Effective May 31, 2005, we increased the base salary of our executive officers by approximately 5% each. We also provided our executive officers bonuses ranging from approximately 20% to 44% of the executive officers’ annual base salary. In addition, we provided stock options to purchase between 75,000 and 300,000 shares of Common Stock, on terms consistent with those options granted to our non-executive employees, pursuant to the 1998 Stock Plan.