Question
From:(redacted)
Sent:Monday, November 27, 2006 3:23 PM
To:Verne, B. Michael
Subject:Restricted Stock
Hi Mike,
Ishould have added that the restricted stock will be held in escrow.
Perthe Agreement, the shareholder has the right to vote the shares and receivedividends, but cannot transfer the shares. The shares vest over the course oftwo years, with one quarter of the shares held in escrow released every 6months that the shareholder stays with the company. In the event that theshareholder quits or is terminated for good cause, the Company can buy back theshares for $.01 per share.