our ability to continue as a going concern
EX-10.39 4 h70103exv10w39.htm EX-10.39 exv10w39
EXHIBIT 10.39
Board Compensation for 2009:
Non-Employee Director Cash Compensation:
| 2009 | ||||
Annual Retainer | $ | 65,000 | ||
Chair of Audit Committee Annual Retainer | $ | 10,000 | ||
Chair of Compensation & Nominating and Governance Committee Annual Retainer | $ | 5,000 | ||
Non-Employee Director Equity Awards:
| Director | Stock Options(1) | Restricted Stock Award(1) | ||||||
Ben Guill | 10,000 | 10,000 | ||||||
Richard A. Bachmann | 10,000 | 10,000 | ||||||
Kenneth M. Burke | 10,000 | 10,000 | ||||||
Edward C. Hutcheson, Jr. | 10,000 | 10,000 | ||||||
Myles W. (Bill) Scoggins | 10,000 | 10,000 | ||||||
Per Staehr | 10,000 | 10,000 | ||||||
| (1) | Equity awards to be granted once blackout restrictions are lifted in connection with announcement of first quarter earnings and consummation of the 6.5% convertible debt exchange. |
