1 - -------------------------------------------------------------------------------- IBIS TECHNOLOGY CORPORATION Exhibit 10.33 DESCRIPTION OF FEES PAID TO TED R. DINTERSMITH, PH.D. ----------------------------------------------------- In 1996, the Company paid $20,000 to Ted R. Dintersmith, Ph.D. a Director of the Company, for providing financial expertise in assisting the Company in preparing the S-1 Registration Statement for its follow-on public offering, various press releases and consulting on other related financial and operating activities.