Common use of Stock Investment Clause in Contracts

Stock Investment. The Executive acknowledges that the Executive is expected to own not less than twenty-five thousand (25,000) shares of the Company's common stock at all times after September 29, 2009 and prior to termination of the Agreement. In the event the Executive's stock investment is less than 25,000 shares, the Executive will have a grace period of at least ninety (90) days to restore the Executive's stock investment to the guideline amount. The Compensation Committee of the Board of Directors (the "Compensation Committee") may in its discretion extend the grace period for complying with the Executive's stock investment guideline. The Company has no obligation to sell to or to purchase from the Executive any of the Company's stock in connection with this paragraph and has made no representations or warranties regarding the Company's stock, operations or financial condition.

Stock Investment. The Executive acknowledges that the Executive is expected to own not less than twenty-five thousand (25,000) shares of the Company's ’s common stock at all times after September 29December 31, 2009 2011 and prior to termination of the Agreement. In the event the Executive's ’s stock investment is less than 25,000 shares, the Executive will have a grace period of at least ninety (90) days to restore the Executive's ’s stock investment to the guideline amount. The Compensation Committee of the Board of Directors (the "“Compensation Committee"”) may may, in its discretion discretion, extend the grace period for complying with the Executive's ’s stock investment guideline. The Company has no obligation to sell to or to purchase from the Executive any of the Company's ’s stock in connection with this paragraph and has made no representations or warranties regarding the Company's ’s stock, operations or financial condition.

Stock Investment. The Executive acknowledges that the Executive is expected to own not less than twenty-five ten thousand (25,00010,000) shares of the Company's ’s common stock at all times after September 2915, 2009 2013 and prior to termination of the Agreement. In the event the Executive's ’s stock investment is less than 25,000 10,000 shares, the Executive will have a grace period of at least ninety (90) days to restore the Executive's ’s stock investment to the guideline amount. The Compensation Committee of the Board of Directors (the "“Compensation Committee"”) may may, in its discretion discretion, extend the grace period for complying with the Executive's ’s stock investment guideline. The Company has no obligation to sell to or to purchase from the Executive any of the Company's ’s stock in connection with this paragraph and has made no representations or warranties regarding the Company's ’s stock, operations or financial condition.

Stock Investment. The Executive acknowledges that the Executive is expected to own not less than twenty-five ten thousand (25,00010,000) shares of the Company's ’s common stock at all times after September 29, 2009 and prior to termination of the Agreement. In the event the Executive's ’s stock investment is less than 25,000 10,000 shares, the Executive will have a grace period of at least ninety (90) days to restore the Executive's ’s stock investment to the guideline amount. The Compensation Committee of the Board of Directors (the "“Compensation Committee"”) may may, in its discretion discretion, extend the grace period for complying with the Executive's ’s stock investment guideline. The Company has no obligation to sell to or to purchase from the Executive any of the Company's ’s stock in connection with this paragraph and has made no representations or warranties regarding the Company's ’s stock, operations or financial condition.

Stock Investment. The Executive acknowledges that the Executive is expected to own not less than twenty-five ten thousand (25,00010,000) shares of the Company's ’s common stock at all times after September 29, 2009 [Effective Date] and prior to termination of the Agreement. In the event the Executive's ’s stock investment is less than 25,000 10,000 shares, the Executive will have a grace period of at least ninety (90) days to restore the Executive's ’s stock investment to the guideline amount. The Compensation Committee of the Board of Directors (the "“Compensation Committee"”) may may, in its discretion discretion, extend the grace period for complying with the Executive's ’s stock investment guideline. The Company has no obligation to sell to or to purchase from the Executive any of the Company's ’s stock in connection with this paragraph and has made no representations or warranties regarding the Company's ’s stock, operations or financial condition.