Stock Plan
Exhibit 10.6
Summary of Stock Options Grants made to Directors in January 2005.
1. Stock Option Grants
The following stock option grants were made from their respective stock plans referenced below using the Companys standard form of US stock option agreement, which was filed as Exhibit 10.3 to the Companys Quarterly Report on Form 10-Q filed on May 12, 2004.
Participant | Grant Date | Options | Stock Plan | Vesting Schedule | ||||
Covert, Harold L. | 1/13/05 | 30,000 | 1999 Directors Stock Option Plan | Monthly vesting over 48 months commencing on 1/13/05 | ||||
Denman, Kenneth | 1/13/05 | 30,000 | 1999 Directors Stock Option Plan | Monthly vesting over 48 months commencing on 1/13/05 | ||||
Hedfors, Bo Christer | 1/13/05 | 30,000 | 1999 Directors Stock Option Plan | Monthly vesting over 48 months commencing on 1/13/05 | ||||
Jabbar, Masood | 1/13/05 | 30,000 | 1999 Directors Stock Option Plan | Monthly vesting over 48 months commencing on 1/13/05 | ||||
Kennedy, Kevin | 1/13/05 | 12,000 | 1996 Stock Option Plan | Monthly vesting over 48 months commencing on 1/13/05 | ||||
Puckett, Bernard | 1/13/05 | 30,000 | 1999 Directors Stock Option Plan | Monthly vesting over 48 months commencing on 1/13/05 |