Summary of Compensation Arrangements for Chief Financial Officer Bradley B. Rush

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Summary

This document outlines the compensation package for Bradley B. Rush, the Chief Financial Officer of the company, effective August 4, 2005. He will receive an annual base salary of $325,000, be eligible for a 2005 bonus ranging from $0 to $224,000, and be granted 25,000 shares of restricted stock. The restricted stock will vest after August 4, 2010, but only during a period when company insiders are allowed to sell company stock.

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EX-10.3 2 w14191exv10w3.htm EXHIBIT 10.3 exv10w3  

EXHIBIT 10.3
Summary of Compensation Arrangements
for Chief Financial Officer
     The following is a summary of the compensation arrangements for Bradley B. Rush, chief financial officer of the Company, effective August 4, 2005:
  •   an annual base salary in the amount of $325,000;
 
  •   eligible to receive a 2005 target bonus amount in the range of $0 to $224,000; and
 
  •   a grant on August 4, 2005 of 25,000 shares of restricted stock, which shares vest on the first date after August 4, 2010 that is during a window period in which the Company’s insiders are not restricted from selling Company common stock.