Summaryof Option Grants to Non-Employee Directors

EX-10.2 3 a06-22278_1ex10d2.htm EX-10

Exhibit 10.2

Summary of Option Grants to Non-Employee Directors

Dennis W. DeConcini

 

45,833 shares at an exercise price of $2.50 per share

 

 

·      5,833 options to vest on June 8, 2006

 

 

·      40,000 options to vest in quarterly installments of 10,000 beginning September 8, 2006 through June 8, 2007

 

 

·      Option term expires on April 28, 2016

 

 

 

Thomas L. Doorley, III

 

135,833 shares at an exercise price of $2.50 per share

 

 

·      5,833 options to vest on June 8, 2006

 

 

·      130,000 options to vest in quarterly installments of 16,250 beginning September 8, 2006 through June 8, 2008

 

 

·      Option term expires on April 28, 2016

 

 

 

Ralph R. Simon

 

158,333 shares at an exercise price of $2.50 per share

 

 

·      8,333 options to vest on June 8, 2006

 

 

·      150,000 options to vest in quarterly installments of 12,500 beginning September 8, 2006 through June 8, 2009

 

 

·      Option term expires on April 28, 2016

James R. Peters

 

150,000 shares at an exercise price of $1.95 per share

 

 

·      150,000 options to vest in quarterly installments of 12,500 beginning October 3, 2006 through July 3, 2009

 

 

·      Option term expires on July 3, 2012