Executive Employment AgreementsInterim Chief Executive Officer Agreement • August 9th, 2011
Contract Type FiledAugust 9th, 2011of $7.35 per share, the closing market price of our common stock on the date of grant. The option grant, in part, replaced an automatic grant of options to purchase 2,000 shares of our common stock that Mr. Amick would have received under the Plan as a non-executive Chairman of the Board. These options vested in full on the first anniversary date of the grant. Effective as of June 30, 2010, the Board approved an extension of the Interim CEO Agreement through June 30, 2011 and the Compensation Committee of the Board authorized an additional grant of options to Mr. Amick to purchase 2,000 shares of our common stock under the 2007 Plan at an exercise price