Recapitalized the Company by securing over $55 million in equity financing

EX-10.42 2 a06318exv10w42.htm EXHIBIT 10.42 exv10w42
 

EXHIBIT 10.42

2005 Director Compensation

         
Annual Retainer:
   $ 20,000  
In-Person Board of Director Meetings:
   $ 2,000  
Additional In-Person Board of Director Meetings held on the day following an In-Person Board Meeting:
   $ 1,000  
Telephonic Board of Director Meetings:
   $ 1,000  
Audit Committee Meeting — Chair:
   $ 3,000  
Audit Committee Meeting — Member:
   $ 1,000  
Compensation Committee Meeting — Chair:
   $ 1,000  
Compensation Committee Meeting — Member:
   $ 500