Grant Burton Retention Bonus Agreement Dated December 5, 2005

Summary

This agreement between Grant Burton and the company provides for a retention bonus of $85,000, paid in three installments over three years, as recognition for his performance in the Finance and Accounting Departments. To receive each payment, Grant must remain an active employee in good standing and not be on leave at the time of payment. If he is placed on a performance improvement plan, he forfeits any unpaid installments. The agreement is signed by both Grant Burton and the company's SVP of Human Resources.

EX-10.14.1 12 a18507exv10w14w1.htm EXHIBIT 10.14.1 exv10w14w1

EXHIBIT 10.14.1

December 5, 2005

Grant Burton

Dear Grant,

In light of your demonstrated performance in the Finance and Accounting Departments, we are pleased provide you with a retention bonus of $85,000.00, less required withholdings. This retention bonus is to be paid in three installments on the payroll cycle corresponding to the next three anniversary dates of your employment. The first payment will be for $25,000 (less withholdings) and will be paid in May 2006. The second will be for $25,000 (less withholdings) and will be paid in May 2007. The third payment of $35,000 (less withholdings) will be paid in May 2008.

In order to receive these payments, you must be an active employee of the Company, in good standing and not on a leave of absence at the time of the payment. If you are placed on a performance improvement plan at any time, you will not be entitled to obtain any then unpaid installment payment of the retention bonus.

Thank you for your continued support of the company and your contributions to the results we have achieved to date.

Sincerely,

/s/ Len Stephens

Len Stephens
SVP, Human Resources

I have received and agree to be bound by the terms and conditions set forth in this letter.


/s/ Grant Burton Grant Burton		12/05/05 Date