<SEC-DOCUMENT>0001069530-18-000025.txt : 20180511
<SEC-HEADER>0001069530-18-000025.hdr.sgml : 20180511
<ACCEPTANCE-DATETIME>20180511172951
ACCESSION NUMBER:		0001069530-18-000025
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180511
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Submission of Matters to a Vote of Security Holders
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180511
DATE AS OF CHANGE:		20180511

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PAIN THERAPEUTICS INC
		CENTRAL INDEX KEY:			0001069530
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				911911336
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-29959
		FILM NUMBER:		18828070

	BUSINESS ADDRESS:	
		STREET 1:		7801 N CAPITAL OF TEXAS HIGHWAY
		STREET 2:		SUITE 260
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78731
		BUSINESS PHONE:		512-501-2444

	MAIL ADDRESS:	
		STREET 1:		7801 N CAPITAL OF TEXAS HIGHWAY
		STREET 2:		SUITE 260
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78731
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ptie-20180511x8k.htm
<DESCRIPTION>8-K
<TEXT>
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		<title>
			PTI 8K Annual Meeting 2018
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			<a name="_GoBack"></a><font style="display: inline;">&nbsp;</font>
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			<font style="display: inline;font-weight:bold;font-size:18pt;">UNITED STATES</font>
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			<font style="display: inline;font-weight:bold;font-size:18pt;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display: inline;font-weight:bold;">Washington, D.C. 20549</font>
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			<font style="display: inline;">___________________</font>
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			<font style="display: inline;font-weight:bold;font-size:18pt;">FORM 8-K</font>
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			<font style="display: inline;">___________________</font>
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			<font style="display: inline;font-weight:bold;font-size:13.5pt;">CURRENT REPORT</font>
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		<p style="margin:9pt 0pt 0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Pursuant to Section&nbsp;13 or 15(d) of the</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Securities Exchange Act of 1934</font>
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			<font style="display: inline;font-weight:bold;">Date of Report (Date of earliest event reported) May 11, 2018 (May 10, 2018)</font>
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		<p style="margin:0pt 0pt 10pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">___________________</font>
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		<p style="margin:9pt 0pt 0pt;text-align:center;font-family:Times New Roman;font-size: 24pt">
			<font style="display: inline;font-weight:bold;font-size:24pt;">Pain Therapeutics, Inc.</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">(Exact name of registrant as specified in its charter)</font>
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			<font style="display: inline;">___________________</font>
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						<font style="display: inline;font-weight:bold;">Delaware</font></p>
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						<font style="display: inline;font-weight:bold;">000-29959</font></p>
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						<font style="display: inline;font-weight:bold;">91-1911336</font></p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">(State or other jurisdiction</font></p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">of incorporation)</font></p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">(Commission</font></p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">File Number)</font></p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">(I.R.S. Employer</font></p>
					<p style="margin:0pt 0.8pt 0pt 0pt;text-align:center;font-family:Times New Roman;font-size: 8pt">
						<font style="display: inline;font-weight:bold;font-size:8pt;">Identification Number)</font></p>
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			<font style="display: inline;font-size:8pt;">&#xFEFF;</font>
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			<font style="display: inline;font-weight:bold;">7801 N Capital of Texas Highway, Suite 260</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Austin, Texas 78731</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
			<font style="display: inline;font-weight:bold;font-size:7.5pt;">(Address of principal executive offices, including zip code)</font>
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		<p style="margin:9pt 0pt 0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">(512) 501-2444</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
			<font style="display: inline;font-weight:bold;font-size:7.5pt;">(Registrant&#x2019;s telephone number, including area code)</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
			<font style="display: inline;font-weight:bold;font-size:7.5pt;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Not Applicable</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 7pt">
			<font style="display: inline;font-weight:bold;font-size:7.5pt;">(Former name or former address, if changed since last report.)</font>
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			<font style="display: inline;">___________________</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):</font>
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			<font style="display: inline;">&nbsp;</font>
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					<p style="margin:0pt 0.7pt 6pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#x2610;</font></p>
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					<p style="margin:0pt 0.7pt 6pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
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					<p style="margin:0pt 0.7pt 6pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#x2610;</font></p>
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					<p style="margin:0pt 0.7pt 6pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
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					<p style="margin:0pt 0.7pt 6pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#x2610;</font></p>
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					<p style="margin:0pt 0.7pt 6pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))</font></p>
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					<p style="margin:0pt 0.7pt 6pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#x2610;</font></p>
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					<p style="margin:0pt 0.7pt 6pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))</font></p>
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			<font style="display: inline;font-size:1pt;">&#xFEFF;</font>
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			<font style="display: inline;">&nbsp;</font><font style="display: inline;">&nbsp;</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (&#xA7;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#xA7;240.12b-2 of this chapter).</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Emerging growth company&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">&#x2610;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.</font><font style="display: inline;"></font><font style="display: inline;"></font><font style="display: inline;"></font><font style="display: inline;">&#x2610;</font>
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			<font style="display: inline;">&nbsp;</font>
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			<font style="display: inline;">&nbsp;</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;text-decoration:underline;">&#xFEFF;</font>
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		<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Item 5.02.&nbsp;&nbsp;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font>
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		<p style="margin:0pt;font-family:Arial Unicode MS;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Approval of the 2018 Omnibus Incentive Plan</font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-style:italic;font-size:12pt;">&#xFEFF;</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Pain Therapeutics, Inc. (the &#x201C;Company&#x201D;) held its Annual Meeting of Stockholders (the &#x201C;Annual Meeting&#x201D;), </font><font style="display: inline;">o</font><font style="display: inline;">n May 10, 2018 at which time the Company&#x2019;s stockholders approved the Company 2018 Omnibus Incentive Plan (the &#x201C;2018 Plan&#x201D;), which had been previously approved by the Company&#x2019;s Board of Directors</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The 2018 Plan reserves 1,000,000 shares of the Company&#x2019;s Common Stock to be used for the Company&#x2019;s</font><font style="display: inline;"> compensation programs for its</font><font style="display: inline;"> executive, employee, independent contractors, consultants and directors. The 2018 Plan will allow </font><font style="display: inline;">the Company</font><font style="display: inline;"> to continue to offer equity and other award, which </font><font style="display: inline;">the Company</font><font style="display: inline;"> believe</font><font style="display: inline;">s</font><font style="display: inline;"> is necessary to retain, motivate and attract experienced and highly qualified service providers.</font>
		</p>
		<p style="margin:12pt 0pt 0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The 2018 Plan is described in detail in the Company&#x2019;s 2018 Definitive Proxy Statement filed with the Securities and Exchange Commission</font><font style="display: inline;">(&#x201C;SEC&#x201D;)</font><font style="display: inline;"> on March 27, 2018.&nbsp;&nbsp;The summary descriptions of the 2018 Plan set forth above and in the 2018</font><font style="display: inline;"> Definitive</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">P</font><font style="display: inline;">roxy </font><font style="display: inline;">S</font><font style="display: inline;">tatement do not purport to be complete and are qualified in their entirety by reference to the full text of the 2018 Plan which is filed as Exhibit 10.1 to this Current Report on</font><font style="display: inline;"> SEC</font><font style="display: inline;"> Form 8-K.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Item 5.07 Submission of Matters to a Vote of Security Holders.</font>
		</p>
		<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The Annual Meeting of Stockholders of Pain Therapeutics, Inc. was held on May 10, 2018. Of the 6,895,509 shares of our common stock entitled to vote at the meeting, 6,010,394 shares, representing approximately 87 % of the total votes eligible to be cast, were represented at the meeting in person or by proxy, constituting a quorum. </font><font style="display: inline;color:#000000;">F</font><font style="display: inline;color:#000000;">inal results of the stockholder vote on each proposal brought before the Annual Meeting were as follows:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Proposal One</font><font style="display: inline;"> &#x2013; Each of the three (3) nominees for election to the Board of Directors was elected to serve for a three</font><font style="display: inline;">-</font><font style="display: inline;">year term</font><font style="display: inline;">,</font><font style="display: inline;"> and until his successor is duly elected and qualified</font><font style="display: inline;">,</font><font style="display: inline;"> based upon the following votes:</font>
		</p>
		<p style="margin:0pt 27.9pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 1pt">
			<font style="display: inline;font-size:1pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 27.9pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 1pt">
			<font style="display: inline;font-size:1pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.40%;margin-left:0pt;">
			<tr>
				<td valign="bottom" style="width:24.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:00.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:19.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Director</font></p>
				</td>
				<td valign="top" style="width:00.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">For</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Withheld</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Broker&nbsp;Non-Vote</font></p>
				</td>
				<td valign="bottom" style="width:19.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.14%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Remi Barbier</font></p>
				</td>
				<td valign="top" style="width:00.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.58%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2,063,052</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,408,827</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.12%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2,538,065</font></p>
				</td>
				<td valign="bottom" style="width:19.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Sanford R. Robertson</font></p>
				</td>
				<td valign="top" style="width:00.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,990,797</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,481,532</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2,538,065</font></p>
				</td>
				<td valign="bottom" style="width:19.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Patrick J. Scannon M.D.</font><font style="display: inline;color:#000000;">, Ph.D.</font></p>
				</td>
				<td valign="top" style="width:00.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:13.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2,145,074</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,327,255</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2,538,065</font></p>
				</td>
				<td valign="bottom" style="width:19.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Proposal Two</font><font style="display: inline;"> - The 2018 Plan and the reservation of a total of 1,000,000 shares of </font><font style="display: inline;">the Company&#x2019;s</font><font style="display: inline;"> common stock for issuance was approved based upon the following votes:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 1pt">
			<font style="display: inline;font-size:1pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.22%;margin-left:0pt;">
			<tr>
				<td valign="bottom" style="width:24.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:14.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">For</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:14.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Against</font></p>
				</td>
				<td valign="top" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Abstain</font></p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Broker Non-Vote</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.60%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,903,862</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:14.66%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,559,290</font></p>
				</td>
				<td valign="top" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.16%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">9,177</font></p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.40%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2,538,065</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Proposal Three</font><font style="display: inline;"> &#x2013; The appointment of Ernst &amp; Young LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2018</font><font style="display: inline;">,</font><font style="display: inline;"> was ratified based upon the following votes:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="bottom" style="width:24.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:19.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">For</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Against</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Abstain</font></p>
				</td>
				<td valign="bottom" style="width:19.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.64%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">5,863,086</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.14%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">124,472</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.20%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">22,836</font></p>
				</td>
				<td valign="bottom" style="width:19.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Proposal Four</font><font style="display: inline;"> &#x2013; The Company&#x2019;s 2017 executive compensation was approved on a non-binding advisory basis based upon the following votes:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 1pt">
			<font style="display: inline;font-size:1pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="bottom" style="width:24.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">For</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Against</font></p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Abstain</font></p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Broker Non -Vote</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:24.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:13.64%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,883,175</font></p>
				</td>
				<td valign="top" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.14%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,574,515</font></p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:24.24%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">14,639</font></p>
				</td>
				<td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.20%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2,538,065</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">&nbsp;</font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Item 9.01.&nbsp;&nbsp;Financial Statements and Exhibits</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(d)&nbsp;&nbsp;Exhibits.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:86.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:11.98%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Exhibit No.</font></p>
				</td>
				<td valign="bottom" style="width:01.24%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:86.78%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:11.98%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:01.24%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:86.78%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:11.98%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">10.1</font></p>
				</td>
				<td valign="bottom" style="width:01.24%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:86.78%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<a href="ptie-20180511xex10_1.htm" style="-sec-extract:exhibit"><font style="display: inline;">2018 Omnibus Incentive Plan</font></a></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:11.98%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:01.24%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:86.78%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">&nbsp;</font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">SIGNATURE</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:left;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:normal;">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</font>
		</p>
		<p style="margin:0pt;text-align:left;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:normal;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:left;border-top:1pt none #D9D9D9 ;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:normal;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:38.50%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:07.70%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:37.54%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:16.26%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:38.50%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:normal;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:45.24%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">PAIN THERAPEUTICS, INC.</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:16.26%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:38.50%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:normal;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:45.24%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">a Delaware corporation</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:16.26%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:38.50%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:07.70%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:37.54%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:16.26%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:38.50%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:normal;">Date:&nbsp;&nbsp;&nbsp;May 11, 2018</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:07.70%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:37.54%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:16.26%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:38.50%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:07.70%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:normal;">By:</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:37.54%;padding:0pt;">
					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-decoration:underline;">/s/ REMI BARBIER</font></p>
				</td>
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					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
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						<font style="display: inline;">&nbsp;</font></p>
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					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:normal;">Remi Barbier</font></p>
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						&nbsp;</p>
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						<font style="display: inline;">&nbsp;</font></p>
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						&nbsp;</p>
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					<p style="margin:0pt;text-align:left;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:normal;">Chairman, </font><font style="display: inline;font-weight:normal;">President and Chief Executive Officer</font></p>
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						&nbsp;</p>
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			<font style="display: inline;font-size:12pt;">EXHIBIT INDEX</font>
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			<font style="display: inline;">&#xFEFF;</font>
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						&nbsp;</p>
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						<font style="display: inline;font-weight:bold;">Exhibit No.</font></p>
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						&nbsp;</p>
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						<font style="display: inline;font-weight:bold;">Description</font></p>
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						<font style="display: inline;">&nbsp;</font></p>
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						<font style="display: inline;">&nbsp;</font></p>
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						&nbsp;</p>
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						<font style="display: inline;">10.1</font></p>
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						&nbsp;</p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<a href="ptie-20180511xex10_1.htm" style="-sec-extract:exhibit"><font style="display: inline;">2018 Omnibus Incentive Plan</font></a></p>
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ptie-20180511xex10_1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.17.0.2-->
<!--Created on: 5/11/2018 4:26:49 PM-->
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		<title>
			PTI 8K Annual Meeting 2018 - Exhibit 101
		</title>
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	<body><div style="margin-left:36pt;margin-right:36pt;">
		<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;color:#000000;">Exhibit 10.1</font>
		</p>
		<p style="margin:0pt 0pt 6pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-weight:bold;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">PAIN THERAPEUTICS, INC.</font>
		</p>
		<p style="margin:0pt;line-height:200%;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">2018 OMNIBUS INCENTIVE PLAN</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">1.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Purposes of the Plan</font><font style="display: inline;">.&nbsp;&nbsp;The purposes of this Plan are to attract and retain the best available personnel, to provide additional incentives to Employees, Directors and Consultants and to promote the success of the Company&#x2019;s business.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">2.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Definitions</font><font style="display: inline;">.&nbsp;&nbsp;The following definitions shall apply as used herein and in the individual Award Agreements except as defined otherwise in an individual Award Agreement.&nbsp;&nbsp;In the event a term is separately defined in an individual Award Agreement, such definition shall supersede the definition contained in this Section&nbsp;2.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Administrator</font><font style="display: inline;">&#x201D; means the Board or any of the Committees appointed to administer the Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Affiliate</font><font style="display: inline;">&#x201D; and &#x201C;</font><font style="display: inline;text-decoration:underline;">Associate</font><font style="display: inline;">&#x201D; shall have the respective meanings ascribed to such terms in Rule&nbsp;12b</font><font style="display: inline;">&#8209;2 promulgated under the Exchange Act.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Applicable Laws</font><font style="display: inline;">&#x201D; means the legal requirements relating to the Plan and the Awards under applicable provisions of federal securities laws, state corporate and securities laws, the Code, the rules of any applicable stock exchange or national market system, and the rules of any non-U.S. jurisdiction applicable to Awards granted to residents therein. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Assumed</font><font style="display: inline;">&#x201D; means that pursuant to a Corporate Transaction either (i)&nbsp;the Award is expressly affirmed by the Company or (ii)&nbsp;the contractual obligations represented by the Award are expressly assumed (and not simply by operation of law) by the successor entity or its Parent in connection with the Corporate Transaction with appropriate adjustments to the number and type of securities of the successor entity or its Parent subject to the Award and the exercise or purchase price thereof which at least preserves the compensation element of the Award existing at the time of the Corporate Transaction as determined in accordance with the instruments evidencing the agreement to assume the Award.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(e)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Award</font><font style="display: inline;">&#x201D; means the grant of an Option, SAR, Dividend Equivalent Right, Restricted Stock, Restricted Stock Unit, Cash-Based Award or other right or benefit under the Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(f)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Award Agreement</font><font style="display: inline;">&#x201D; means the written agreement evidencing the grant of an Award executed by the Company and the Grantee, including any amendments thereto.</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(g)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Board</font><font style="display: inline;">&#x201D; means the Board of Directors of the Company.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(h)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Cash-Based Award</font><font style="display: inline;">&#x201D; means an award denominated in cash that may be settled in cash and/or Shares, which may be subject to restrictions, as established by the Administrator.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Cause</font><font style="display: inline;">&#x201D; means, with respect to the termination by the Company or a Related Entity of the Grantee&#x2019;s Continuous Service, that such termination is for &#x201C;Cause&#x201D; as such term (or word of like import) is expressly defined in a then-effective written agreement between the Grantee and the Company or such Related Entity, or in the absence of such then-effective written agreement and definition, is based on, in the determination of the Administrator, the Grantee&#x2019;s:&nbsp;&nbsp;(i)&nbsp;performance of any act or failure to perform any act in bad faith and to the detriment of the Company or a Related Entity; (ii)&nbsp;dishonesty, intentional misconduct or material breach of any agreement with the Company or a Related Entity; or (iii)&nbsp;commission of a crime involving dishonesty, breach of trust, or physical or emotional harm to any person.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(j)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Change in Control</font><font style="display: inline;">&#x201D; means a change in ownership or control of the Company effected through either of the following transactions:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;the direct or indirect acquisition by any person or related group of persons (other than an acquisition from or by the Company or by a Company-sponsored employee benefit plan or by a person that directly or indirectly controls, is controlled by, or is under common control with, the Company) of beneficial ownership (within the meaning of Rule&nbsp;13d</font><font style="display: inline;">&#8209;3 of the Exchange Act) of securities possessing more than fifty percent (50%) of the total combined voting power of the Company&#x2019;s outstanding securities pursuant to a tender or exchange offer made directly to the Company&#x2019;s stockholders which a majority of the Continuing Directors who are not Affiliates or Associates of the offeror do not recommend such stockholders accept, or</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;a change in the composition of the Board over a period of twelve (12) months or less such that a majority of the Board members (rounded up to the next whole number) ceases, by reason of one or more contested elections for Board membership, to be comprised of individuals who are Continuing Directors.</font>
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			<font style="display: inline;">&nbsp;</font>

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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">1</font><font style="display: inline;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(k)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">&#x201C;</font><font style="display: inline;text-decoration:underline;">Code</font><font style="display: inline;">&#x201D; means the Internal Revenue Code of 1986, as amended.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(l)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Committee</font><font style="display: inline;">&#x201D; means any committee composed of members of the Board appointed by the Board to administer the Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(m)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Common Stock</font><font style="display: inline;">&#x201D; means the common stock of the Company.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(n)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Company</font><font style="display: inline;">&#x201D; means Pain Therapeutics, Inc., a Delaware corporation, or any successor entity that adopts the Plan in connection with a Corporate Transaction.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(o)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Consultant</font><font style="display: inline;">&#x201D; means any person (other than an Employee or a Director, solely with respect to rendering services in such person&#x2019;s capacity as a Director) who is engaged by the Company or any Related Entity to render consulting or advisory services to the Company or such Related Entity. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(p)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Continuing Directors</font><font style="display: inline;">&#x201D; means members of the Board who either (i)&nbsp;have been Board members continuously for a period of at least twelve (12) months or (ii)&nbsp;have been Board members for less than twelve (12) months and were elected or nominated for election as Board members by at least a majority of the Board members described in clause&nbsp;(i) who were still in office at the time such election or nomination was approved by the Board.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(q)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Continuous Service</font><font style="display: inline;">&#x201D; means that the provision of services to the Company or a Related Entity in any capacity of Employee, Director or Consultant is not interrupted or terminated.&nbsp;&nbsp;In jurisdictions requiring notice in advance of an effective termination as an Employee, Director or Consultant, Continuous Service shall be deemed terminated upon the actual cessation of providing services to the Company or a Related Entity notwithstanding any required notice period that must be fulfilled before a termination as an Employee, Director or Consultant can be effective under Applicable Laws.&nbsp;&nbsp;A Grantee&#x2019;s Continuous Service shall be deemed to have terminated either upon an actual termination of Continuous Service or upon the entity for which the Grantee provides services ceasing to be a Related Entity.&nbsp;&nbsp;Continuous Service shall not be considered interrupted in the case of (i)&nbsp;any approved leave of absence, (ii)&nbsp;transfers among the Company, any Related Entity, or any successor, in any capacity of Employee, Director or Consultant, or (iii)&nbsp;any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director or Consultant (except as otherwise provided in the Award Agreement).&nbsp;&nbsp;Notwithstanding the foregoing, except as otherwise determined by the Administrator, in the event of any spin-off of a Related Entity, service as an Employee, Director or Consultant for such Related Entity following such spin-off shall be deemed to be Continuous Service for purposes of the Plan and any Award under the Plan.&nbsp;&nbsp;An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave.&nbsp;&nbsp;For purposes of each Incentive Stock Option granted under the Plan, if such leave exceeds three (3) months, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option on the day three (3) months and one (1) day following the expiration of such three (3) month period.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(r)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Corporate Transaction</font><font style="display: inline;">&#x201D; means any of the following transactions, provided, however, that the Administrator shall determine under parts (iv) and (v) whether multiple transactions are related, and its determination shall be final, binding and conclusive:&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519411865"></a><font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;a merger or consolidation in which the Company is not the surviving entity, except for a transaction the principal purpose of which is to change the state in which the Company is incorporated;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519411873"></a><font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;the sale, transfer or other disposition of all or substantially all of the assets of the Company;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519411880"></a><font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;the complete liquidation or dissolution of the Company;</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519411914"></a><font style="display: inline;">(iv)&nbsp;&nbsp;&nbsp;&nbsp;any reverse merger or series of related transactions culminating in a reverse merger (including, but not limited to, a tender offer followed by a reverse merger) in which the Company is the surviving entity but (A)&nbsp;the shares of Common Stock outstanding immediately prior to such merger are converted or exchanged by virtue of the merger into other property, whether in the form of securities, cash or otherwise, or (B)&nbsp;in which securities possessing more than fifty percent (50%) of the total combined voting power of the Company&#x2019;s outstanding securities are transferred to a person or persons different from those who held such securities immediately prior to such merger or the initial transaction culminating in such merger, </font><font style="display: inline;">but excluding any such transaction or series of related transactions that the Administrator determines shall not be a Corporate Transaction</font><font style="display: inline;">; or</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref9753959"></a><font style="display: inline;">(v)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">acquisition in a single or series of related transactions by any person or related group of persons (other than the Company or by a Company-sponsored employee benefit plan) of beneficial ownership (within the meaning of Rule&nbsp;13d-3 of the Exchange Act) of securities possessing more than fifty percent (50%) of the total combined voting power of the Company&#x2019;s outstanding securities but excluding any such transaction or series of related transactions that the Administrator determines shall not be a Corporate Transaction.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">&nbsp;</font>

		</p>

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">2</font><font style="display: inline;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(s)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">&#x201C;</font><font style="display: inline;text-decoration:underline;">Covered Employee</font><font style="display: inline;">&#x201D; means an Employee who is a &#x201C;covered employee&#x201D; under Section&nbsp;162(m)(3) of the Code.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(t)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Director</font><font style="display: inline;">&#x201D; means a member of the Board or the board of directors of any Related Entity.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(u)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Disability</font><font style="display: inline;">&#x201D; means as defined under the long-term disability policy of the Company or the Related Entity to which the Grantee provides services regardless of whether the Grantee is covered by such policy.&nbsp;&nbsp;If the Company or the Related Entity to which the Grantee provides service does not have a long-term disability plan in place, &#x201C;Disability&#x201D; means that a Grantee is unable to carry out the responsibilities and functions of the position held by the Grantee by reason of any medically determinable physical or mental impairment for a period of not less than ninety (90) consecutive days.&nbsp;&nbsp;A Grantee will not be considered to have incurred a Disability unless he or she furnishes proof of such impairment sufficient to satisfy the Administrator in its discretion.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(v)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Dividend Equivalent Right</font><font style="display: inline;">&#x201D; means a right entitling the Grantee to compensation measured by dividends paid with respect to Common Stock, provided that no such right may be granted with respect to Options or SARs.&nbsp;&nbsp;Dividend Equivalent Rights granted in connection with a Restricted Stock Unit that vests based on the attainment of performance criteria shall be subject to the vesting of the underlying Restricted Stock Unit. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(w)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Employee</font><font style="display: inline;">&#x201D; means any person, including an Officer or Director, who is in the employ of the Company or any Related Entity, subject to the control and direction of the Company or any Related Entity as to both the work to be performed and the manner and method of performance.&nbsp;&nbsp;The payment of a director&#x2019;s fee by the Company or a Related Entity shall not be sufficient to constitute &#x201C;employment&#x201D; by the Company.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(x)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Exchange Act</font><font style="display: inline;">&#x201D; means the Securities Exchange Act of 1934, as amended.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(y)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Fair Market Value</font><font style="display: inline;">&#x201D; means, as of any date, the value of Common Stock determined as follows:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;If the Common Stock is listed on one or more established stock exchanges or national market systems, including without limitation, the NASDAQ Global Select Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on the principal exchange or system on which the Common Stock is listed (as determined by the Administrator) on the date of determination (or, if no closing sales price or closing bid was reported on that date, as applicable, on the last trading date such closing sales price or closing bid was reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;If the Common Stock is regularly quoted on an automated quotation system (including the OTC Bulletin Board) or by a recognized securities dealer, its Fair Market Value shall be the closing sales price for such stock as quoted on such system or by such securities dealer on the date of determination, but if selling prices are not reported, the Fair Market Value of a share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock on the date of determination (or, if no such prices were reported on that date, on the last date such prices were reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">In the absence of an established market for the Common Stock of the type described in (i) and (ii), above, the Fair Market Value thereof shall be determined by the Administrator in good faith.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(z)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">&#x201C;</font><font style="display: inline;text-decoration:underline;">Good Reason</font><font style="display: inline;">&#x201D; means, with respect to the termination by the Grantee of the Grantee&#x2019;s Continuous Service, that such termination is for &#x201C;Good Reason&#x201D; as such term (or word of like import) is expressly defined in a then-effective written agreement between the Grantee and the Company or a Related Entity, or in the absence of such then-effective written agreement and definition, means any of the following events or conditions unless consented to by the Grantee (and the Grantee shall be deemed to have consented to any such event or condition unless the Grantee provides written notice of the Grantee&#x2019;s non-acquiescence within 30 days of the effective time of such event or condition):</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;a change in the Grantee&#x2019;s responsibilities or duties which represents a material and substantial diminution in the Grantee&#x2019;s responsibilities or duties; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;a material reduction in the Grantee&#x2019;s base salary; provided that an across-the-board reduction in the salary level of substantially all other individuals in positions similar to the Grantee&#x2019;s by the same percentage amount shall not constitute such a salary reduction; or</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;requiring the Grantee to be based at any place outside a 50 mile radius from the Grantee&#x2019;s job location or residence except for reasonably required travel on business.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(aa)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">&#x201C;</font><font style="display: inline;text-decoration:underline;">Grantee</font><font style="display: inline;">&#x201D; means an Employee, Director or Consultant who receives an Award under the Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">&nbsp;</font>

		</p>

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">3</font><font style="display: inline;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(bb)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Incentive Stock Option</font><font style="display: inline;">&#x201D; means an Option intended to qualify as an incentive stock option within the meaning of Section&nbsp;422 of the Code.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(cc)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Non-Qualified Stock Option</font><font style="display: inline;">&#x201D; means an Option not intended to qualify as an Incentive Stock Option.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(dd)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Officer</font><font style="display: inline;">&#x201D; means a person who is an officer of the Company or a Related Entity within the meaning of Section&nbsp;16 of the Exchange Act and the rules and regulations promulgated thereunder.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ee)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Option</font><font style="display: inline;">&#x201D; means an option to purchase Shares pursuant to an Award Agreement granted under the Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ff)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Parent</font><font style="display: inline;">&#x201D; means a &#x201C;parent corporation&#x201D;, whether now or hereafter existing, as defined in Section&nbsp;424(e) of the Code.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(gg)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Performance-Based Compensation</font><font style="display: inline;">&#x201D; means compensation qualifying as &#x201C;performance-based compensation&#x201D; under Section&nbsp;162(m) of the Code.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(hh)&nbsp;&nbsp;&nbsp;&nbsp; &#x201C;</font><font style="display: inline;text-decoration:underline;">Performance Period</font><font style="display: inline;">&#x201D; means the period of time during which the performance goals must be met in order to determine the degree of payout and/or vesting with respect to, or the amount or entitlement to, an Award.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Plan</font><font style="display: inline;">&#x201D; means this 2018 Omnibus Incentive Plan, as may be amended from time to time.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(jj)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Related Entity</font><font style="display: inline;">&#x201D; means any Parent or Subsidiary of the Company.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(kk)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Replaced</font><font style="display: inline;">&#x201D; means that pursuant to a Corporate Transaction&nbsp;the Award is replaced with a comparable stock award or a cash incentive award or program of the Company, the successor entity (if applicable) or Parent of either of them which preserves the compensation element of such Award existing at the time of the Corporate Transaction and provides for subsequent payout in accordance with the same (or, for the Grantee, a more favorable) vesting schedule applicable to such Award.&nbsp;&nbsp;The determination of Award comparability shall be made by the Administrator and its determination shall be final, binding and conclusive.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ll)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Restricted Stock</font><font style="display: inline;">&#x201D; means Shares issued under the Plan to the Grantee for such consideration, if any, and subject to such restrictions on transfer, rights of first refusal, repurchase provisions and forfeiture provisions, if any, and other terms and conditions as established by the Administrator.&nbsp;&nbsp;Dividends payable in connection with a Restricted Stock Award that vests upon the attainment of performance criteria shall be held subject to the vesting of the underlying Share of Restricted Stock.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(mm)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Restricted Stock Units</font><font style="display: inline;">&#x201D; means an Award which may be earned based on criteria, if any, established by the Administrator, including being earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator, and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(nn)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Rule&nbsp;16b</font><font style="display: inline;text-decoration:underline;">&#8209;3</font><font style="display: inline;">&#x201D; means Rule&nbsp;16b</font><font style="display: inline;">&#8209;3 promulgated under the Exchange Act or any successor thereto.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(oo)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">SAR</font><font style="display: inline;">&#x201D; means a stock appreciation right entitling the Grantee to Shares or cash compensation, as established by the Administrator, measured by appreciation in the value of Common Stock. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(pp)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Share</font><font style="display: inline;">&#x201D; means a share of the Common Stock.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(qq)&nbsp;&nbsp;&nbsp;&nbsp;&#x201C;</font><font style="display: inline;text-decoration:underline;">Subsidiary</font><font style="display: inline;">&#x201D; means a &#x201C;subsidiary corporation&#x201D;, whether now or hereafter existing, as defined in Section&nbsp;424(f) of the Code.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">3.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Stock and Cash Subject to the Plan</font><font style="display: inline;">.</font><a name="_Ref519414867"></a><font style="display: inline;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;Subject to the provisions of Section&nbsp;10 below, the maximum aggregate number of Shares which may be issued pursuant to all Awards shall be 1,000,000 Shares.&nbsp;&nbsp;Subject to the provisions of Section&nbsp;10, below, the maximum aggregate number of Shares that may be issued pursuant to Incentive Stock Options is 1,000,000 Shares.&nbsp;&nbsp;The Shares to be issued pursuant to Awards may be authorized, but unissued, or reacquired Common Stock.</font><font style="display: inline;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">&nbsp;</font>

		</p>

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">4</font><font style="display: inline;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;Any Shares covered by an Award (or portion of an Award) which is forfeited, canceled or expires (whether voluntarily or involuntarily) shall not be deemed to have been issued for purposes of determining the maximum aggregate number of Shares which may be issued under the Plan.&nbsp;&nbsp;Shares that actually have been issued under the Plan pursuant to an Award shall not be returned to the Plan and shall not become available for future issuance under the Plan, except that if unvested Shares are forfeited, or repurchased by the Company at their original purchase price, or at the lower of their original purchase price or their Fair Market Value at the time of repurchase, such Shares shall become available for future grant under the Plan.&nbsp;&nbsp;A</font><font style="display: inline;color:#000000;">ny Shares covered by an Award which are surrendered (i)&nbsp;in payment of the Award exercise or purchase price (including pursuant to the &#x201C;net exercise&#x201D; of an option pursuant to Section&nbsp;7(b)(v)) or (ii)&nbsp;in satisfaction of tax withholding obligations incident to the exercise, vesting or settlement of an Award shall be deemed to have been issued for purposes of determining the maximum number of Shares </font><font style="display: inline;">which may be issued pursuant to all Awards under the Plan</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">4.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Administration of the Plan</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Plan Administrator</font><font style="display: inline;">.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;Administration with Respect to Directors and Officers.&nbsp;&nbsp;With respect to grants of Awards to Directors or Employees who are also Officers or Directors of the Company, the Plan shall be administered by (A)&nbsp;the Board or (B)&nbsp;a Committee designated by the Board, which Committee shall be constituted in such a manner as to satisfy the Applicable Laws and to permit such grants and related transactions under the Plan to be exempt from Section&nbsp;16(b) of the Exchange Act in accordance with Rule&nbsp;16b</font><font style="display: inline;">&#8209;3.&nbsp;&nbsp;Once appointed, such Committee shall continue to serve in its designated capacity until otherwise directed by the Board.&nbsp;&nbsp;In the case of Awards granted to Directors or Employees who are also Officers or Directors of the Company, references to the &#x201C;Administrator&#x201D; or to a &#x201C;Committee&#x201D; shall be deemed to be references to such Committee.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;Administration With Respect to Consultants and Other Employees.&nbsp;&nbsp;With respect to grants of Awards to Employees or Consultants who are neither Directors nor Officers of the Company, the Plan shall be administered by (A) the Board or (B) a Committee designated by the Board, which Committee shall be constituted in such a manner as to satisfy the Applicable Laws.&nbsp;&nbsp;Once appointed, such Committee shall continue to serve in its designated capacity until otherwise directed by the Board.&nbsp;&nbsp;The Board may authorize one or more Officers to grant such Awards and may limit such authority as the Board determines from time to time.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;Administration With Respect to Covered Employees.&nbsp;&nbsp;Notwithstanding the foregoing, it is intended that grants of Awards to any Covered Employee intended to qualify as Performance-Based Compensation shall be made only by a Committee (or subcommittee of a Committee) which is comprised solely of two or more Directors eligible to serve on a committee making Awards qualifying as Performance-Based Compensation.&nbsp;&nbsp;In the case of such Awards granted to Covered Employees, references to the &#x201C;Administrator&#x201D; or to a &#x201C;Committee&#x201D; shall be deemed to be references to such Committee or subcommittee.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iv)&nbsp;&nbsp;&nbsp;&nbsp;Administration Errors.&nbsp;&nbsp;In the event an Award is granted in a manner inconsistent with the provisions of this subsection&nbsp;(a), such Award shall be presumptively valid as of its grant date to the extent permitted by the Applicable Laws.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Powers of the Administrator</font><font style="display: inline;">.&nbsp;&nbsp;Subject to Applicable Laws and the provisions of the Plan (including any other powers given to the Administrator hereunder), and except as otherwise provided by the Board, the Administrator shall have the authority, in its discretion:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;to select the Employees, Directors and Consultants to whom Awards may be granted from time to time hereunder;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;to determine whether and to what extent Awards are granted hereunder;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;to determine the number of Shares or the amount of cash or other consideration to be covered by each Award granted hereunder;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iv)&nbsp;&nbsp;&nbsp;&nbsp;to approve forms of Award Agreements for use under the Plan;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(v)&nbsp;&nbsp;&nbsp;&nbsp;to determine the terms and conditions of any Award granted hereunder;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(vi)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;color:#000000;">to amend the terms of any outstanding Award granted under the Plan, provided that any amendment that would adversely affect the Grantee&#x2019;s rights under an outstanding Award shall not be made without the Grantee&#x2019;s written consent,</font><font style="display: inline;"> provided, however, that an amendment or modification that may cause an Incentive Stock Option to become a Non-Qualified Stock Option shall not be treated as adversely affecting the rights of the Grantee, and provided that the Administrator may only amend an Award to accelerate the vesting thereof in connection with a termination of the Grantee&#x2019;s Continuous Service due to death or Disability, or in connection with a Change in Control or Corporate Transaction.&nbsp; </font>
		</p>
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			<font style="display: inline;">&nbsp;</font>

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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">5</font><font style="display: inline;"></font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(vii)&nbsp;&nbsp;&nbsp;&nbsp;to prescribe, amend and rescind rules and regulations relating to the Plan and to define terms not otherwise defined herein;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(viii)&nbsp;&nbsp;&nbsp;&nbsp;to construe and interpret the terms of the Plan and Awards, including without limitation, any notice of award or Award Agreement, granted pursuant to the Plan;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ix)&nbsp;&nbsp;&nbsp;&nbsp;to approve corrections in the documentation or administration of any Award;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(x)&nbsp;&nbsp;&nbsp;&nbsp;to grant Awards to Employees, Directors and Consultants employed outside the United States or to otherwise adopt or administer such procedures or subplans that the Administrator deems appropriate or necessary on such terms and conditions different from those specified in the Plan as may, in the judgment of the Administrator, be necessary or desirable to further the purpose of the Plan; and</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(xi)&nbsp;&nbsp;&nbsp;&nbsp;to take such other action, not inconsistent with the terms of the Plan, as the Administrator deems appropriate.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The express grant in the Plan of any specific power to the Administrator shall not be construed as limiting any power or authority of the Administrator; provided that the Administrator may not exercise any right or power reserved to the Board.&nbsp;&nbsp;Any decision made, or action taken, by the Administrator or in connection with the administration of this Plan shall be final, conclusive and binding on all persons having an interest in the Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Indemnification</font><font style="display: inline;">. In addition to such other rights of indemnification as they may have as members of the Board or as Officers or Employees of the Company or a Related Entity, members of the Board and any Officers or Employees of the Company or a Related Entity to whom authority to act for the Board, the Administrator or the Company is delegated shall be defended and indemnified by the Company to the extent permitted by law on an after-tax basis against all reasonable expenses, including attorneys&#x2019; fees, actually and necessarily incurred in connection with the defense of any claim, investigation, action, suit or proceeding, or in connection with any appeal therein, to which they or any of them may be a party by reason of any action taken or failure to act under or in connection with the Plan, or any Award granted hereunder, and against all amounts paid by them in settlement thereof (provided such settlement is approved by the Company) or paid by them in satisfaction of a judgment in any such claim, investigation, action, suit or proceeding, except in relation to matters as to which it shall be adjudged in such claim, investigation, action, suit or proceeding that such person is liable for gross negligence, bad faith or intentional misconduct; provided, however, that within thirty (30) days after the institution of such claim, investigation, action, suit or proceeding, such person shall offer to the Company, in writing, the opportunity at the Company&#x2019;s expense to defend the same.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">5.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Eligibility</font><font style="display: inline;">.&nbsp;&nbsp;Awards other than Incentive Stock Options may be granted to Employees, Directors and Consultants.&nbsp;&nbsp;Incentive Stock Options may be granted only to Employees of the Company or a Parent or a Subsidiary of the Company.&nbsp;&nbsp;An Employee, Director or Consultant who has been granted an Award may, if otherwise eligible, be granted additional Awards.&nbsp;&nbsp;Awards may be granted to such Employees, Directors or Consultants who are residing in non-U.S. jurisdictions as the Administrator may determine from time to time. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">6.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Terms and Conditions of Awards</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Types of Awards</font><font style="display: inline;">. The Administrator is authorized under the Plan to award any type of arrangement to an Employee, Director or Consultant that is not inconsistent with the provisions of the Plan and that by its terms involves or might involve the issuance of (i)&nbsp;Shares, (ii)&nbsp;cash or (iii)&nbsp;an Option, a SAR, or similar right with a fixed or variable price related to the Fair Market Value of the Shares and with an exercise or conversion privilege related to the passage of time, the occurrence of one or more events, or the satisfaction of performance criteria or other conditions.&nbsp;&nbsp;Such awards include, without limitation, Options, SARs, sales or bonuses of Restricted Stock, Restricted Stock Units, Cash-Based Awards, or Dividend Equivalent Rights, and an Award may consist of one such security or benefit, or two (2)&nbsp;or more of them in any combination or alternative.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Designation of Award</font><font style="display: inline;">.&nbsp;&nbsp;Each Award shall be designated in the Award Agreement.&nbsp;&nbsp;In the case of an Option, the Option shall be designated as either an Incentive Stock Option or a Non-Qualified Stock Option.&nbsp;&nbsp;However, notwithstanding such designation, an Option will qualify as an Incentive Stock Option under the Code only to the extent the $100,000 limitation of Section&nbsp;422(d) of the Code is not exceeded.&nbsp;&nbsp;The $100,000 limitation of Section&nbsp;422(d) of the Code is calculated based on the aggregate Fair Market Value of the Shares subject to Options designated as Incentive Stock Options which become exercisable for the first time by a Grantee during any calendar year (under all plans of the Company or any Parent or Subsidiary of the Company).&nbsp;&nbsp;For purposes of this calculation, Incentive Stock Options shall be taken into account in the order in which they were granted, and the Fair Market Value of the Shares shall be determined as of the grant date of the relevant Option.&nbsp;&nbsp;In the event that the Code or the regulations promulgated thereunder are amended after the date the Plan becomes effective to provide for a different limit on the Fair Market Value of Shares permitted to be subject to Incentive Stock Options, then such different limit will be automatically incorporated herein and will apply to any Options granted after the effective date of such amendment.</font>
		</p>
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			<font style="display: inline;">&nbsp;</font>

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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">6</font><font style="display: inline;"></font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Conditions of Award</font><font style="display: inline;">.&nbsp;&nbsp;Subject to the terms of the Plan, the Administrator shall determine the provisions, terms, and conditions of each Award including, but not limited to, the Award vesting schedule, repurchase provisions, rights of first refusal, forfeiture provisions, form of payment (cash, Shares, or other consideration) upon settlement of the Award, payment contingencies, and satisfaction of any performance criteria.&nbsp;&nbsp;The performance criteria established by the Administrator for any Awards intended to be Performance-Based Compensation shall be one of, or combination of, the following: net earnings or net income (before or after taxes); earnings per share; revenues or sales (including net sales or revenue growth); net operating profit; regulatory filings; product approvals; return measures (including return on assets, net assets, capital, invested capital, equity, sales, or revenue); cash flow (including operating cash flow, free cash flow, cash flow return on equity, and cash flow return on investment); earnings before or after taxes, interest, depreciation, and/or amortization; gross or operating margins; productivity ratios; share price (including growth measures and total stockholder return); expense targets; margins; operating efficiency; market share; working capital targets and change in working capital; economic value added or EVA&#xAE; (net operating profit after tax minus the sum of capital multiplied by the cost of capital);&nbsp;&nbsp;or net operating income. The performance criteria established by the Administrator for any Awards not intended to be Performance-Based Compensation may be based on any one of, or combination of, the foregoing or any other performance criteria established by the Administrator.&nbsp;&nbsp;The performance criteria may be applicable to the Company, Related Entities and/or any individual business units of the Company or any Related Entity and may be measured over any specified period, including but not limited to quarterly, semi-annually, annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years&#x2019; results or to a designated comparison group, in each case as specified by the Administrator.&nbsp;&nbsp;Partial achievement of the specified criteria may result in a payment or vesting corresponding to the degree of achievement as specified in the Award Agreement.&nbsp;&nbsp;In addition, to the extent applicable to Awards intended to qualify as Performance-Based Compensation, the performance criteria shall be calculated in accordance with generally accepted accounting principles, but excluding the effect (whether positive or negative) of any change in accounting standards and any item that is either unusual or infrequent in nature, as determined in accordance with Accounting Standards Codification Topic 225-20 &#x201C;Extraordinary and Unusual Items&#x201D;, as determined by the Administrator, occurring after the establishment of the performance criteria applicable to the Award intended to be Performance-Based Compensation.&nbsp;&nbsp;Each such adjustment, if any, shall be made solely for the purpose of providing a consistent basis from period to period for the calculation of performance criteria in order to prevent the dilution or enlargement of the Grantee&#x2019;s rights with respect to an Award intended to be Performance-Based Compensation.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519412093"></a><font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Acquisitions and Other Transactions</font><font style="display: inline;">.&nbsp;&nbsp;The Administrator may issue Awards under the Plan in settlement, assumption or substitution for, outstanding awards or obligations to grant future awards in connection with the Company or a Related Entity acquiring another entity, an interest in another entity or an additional interest in a Related Entity whether by merger, stock purchase, asset purchase or other form of transaction.</font><font style="display: inline;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(e)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Deferral of Award Payment</font><font style="display: inline;">.&nbsp;&nbsp;The Administrator may establish one or more programs under the Plan to permit selected Grantees the opportunity to elect to defer receipt of consideration upon exercise of an Award, satisfaction of performance criteria, or other event that absent the election would entitle the Grantee to payment or receipt of Shares or other consideration under an Award.&nbsp;&nbsp;The Administrator may establish the election procedures, the timing of such elections, the mechanisms for payments of, and accrual of interest or other earnings, if any, on amounts, Shares or other consideration so deferred, and such other terms, conditions, rules and procedures that the Administrator deems advisable for the administration of any such deferral program.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(f)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Separate Programs</font><font style="display: inline;">.&nbsp;&nbsp;The Administrator may establish one or more separate programs under the Plan for the purpose of issuing particular forms of Awards to one or more classes of Grantees on such terms and conditions as determined by the Administrator from time to time.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(g)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Individual Limitations on Awards</font><font style="display: inline;">.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;Individual Limit for Options and SARs.&nbsp;&nbsp;The maximum number of Shares with respect to which Options and SARs may be granted to any Grantee in any calendar year shall be 3,500,000 Shares.&nbsp;&nbsp;In connection with a Grantee&#x2019;s commencement of Continuous Service, a Grantee may be granted Options and SARs for up to an additional 3,500,000 Shares which shall not count against the limit set forth in the previous sentence.&nbsp;&nbsp;The foregoing limitations shall be adjusted proportionately in connection with any change in the Company&#x2019;s capitalization pursuant to Section&nbsp;10, below.&nbsp;&nbsp;To the extent required by Section&nbsp;162(m) of the Code or the regulations thereunder, in applying the foregoing limitations with respect to a Grantee, if any Option or SAR is canceled, the canceled Option or SAR shall continue to count against the maximum number of Shares with respect to which Options and SARs may be granted to the Grantee.&nbsp;&nbsp;For this purpose, the repricing of an Option (or in the case of a SAR, the base amount on which the stock appreciation is calculated is reduced to reflect a reduction in the Fair Market Value of the Common Stock) shall be treated as the cancellation of the existing Option or SAR and the grant of a new Option or SAR.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;Individual Limit for Restricted Stock and Restricted Stock Units.&nbsp;&nbsp;For awards of Restricted Stock and Restricted Stock Units that are intended to be Performance-Based Compensation, the maximum number of Shares with respect to which such Awards may be granted to any Grantee in any calendar year shall be 3,500,000 Shares.&nbsp;&nbsp;The foregoing limitation shall be adjusted proportionately in connection with any change in the Company&#x2019;s capitalization pursuant to Section&nbsp;10, below.</font>
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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">7</font><font style="display: inline;"></font>

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		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Individual Limit for Cash-Based Awards.&nbsp;&nbsp;For Cash-Based Awards that are intended to be Performance-Based Compensation, with respect to each twelve (12) month period that constitutes or is part of each Performance Period, the maximum amount that may be paid to a Grantee pursuant to such Awards shall be $5,000,000.&nbsp;&nbsp;In addition, the foregoing limitation shall be prorated for any Performance Period consisting of fewer than twelve (12) months by multiplying such limitation by a fraction, the numerator of which is the number of months in the Performance Period and the denominator of which is twelve (12).</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iv)&nbsp;&nbsp;&nbsp;&nbsp;Individual Limit for Awards to Members of the Board. The maximum number of Shares with respect to which Awards may be granted to any member of the Board (in consideration for such member&#x2019;s services as a member of the Board) in any calendar year shall be 500,000 Shares. Without limiting the foregoing, the aggregate value of all compensation paid or provided to any such member, in consideration for such member&#x2019;s services as a member of the Board, in respect of a calendar year shall not exceed $5,000,000 (for purposes of determining such aggregate value, compensation in the form of Awards shall be valued at the aggregate grant date fair value (as determined for financial reporting purposes)).</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(h)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Deferral</font><font style="display: inline;">. If the vesting or receipt of Shares or cash under an Award is deferred to a later date, any amount (whether denominated in Shares or cash) paid in addition to the original number of Shares or amount of cash subject to such Award will not be treated as an increase in the number of Shares or amount of cash subject to the Award if the additional amount is based either on a reasonable rate of interest or on one or more predetermined actual investments such that the amount payable by the Company at the later date will be based on the actual rate of return of a specific investment (including any decrease as well as any increase in the value of an investment).</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Early Exercise</font><font style="display: inline;">.&nbsp;&nbsp;The Award Agreement may, but need not, include a provision whereby the Grantee may elect at any time while an Employee, Director or Consultant to exercise any part or all of the Award prior to full vesting of the Award.&nbsp;&nbsp;Any unvested Shares received pursuant to such exercise may be subject to a repurchase right in favor of the Company or a Related Entity or to any other restriction the Administrator determines to be appropriate.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(j)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Term of Award</font><font style="display: inline;">.&nbsp;&nbsp;The term of each Award shall be the term stated in the Award Agreement, provided, however, that the term of an Incentive Stock Option shall be no more than ten&nbsp;(10) years from the date of grant thereof.&nbsp;&nbsp;However, in the case of an Incentive Stock Option granted to a Grantee who, at the time the Option is granted, owns stock representing more than ten&nbsp;percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company, the term of the Incentive Stock Option shall be five&nbsp;(5) years from the date of grant thereof or such shorter term as may be provided in the Award Agreement.&nbsp;&nbsp;Notwithstanding the foregoing, the specified term of any Award shall not include any period for which the Grantee has elected to defer the receipt of the Shares or cash issuable pursuant to the Award.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(k)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Transferability of Awards</font><font style="display: inline;">. Incentive Stock Options may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Grantee, only by the Grantee.&nbsp;&nbsp;Other Awards shall be transferable (i) by will and by the laws of descent and distribution and (ii) during the lifetime of the Grantee, to the extent and in the manner authorized by the Administrator but only to the extent such transfers are made to family members, to family trusts, to family controlled entities, to charitable organizations, and pursuant to domestic relations orders or agreements, in all cases without payment for such transfers to the Grantee.&nbsp;&nbsp;Notwithstanding the foregoing, the Grantee may designate one or more beneficiaries of the Grantee&#x2019;s Award in the event of the Grantee&#x2019;s death on a beneficiary designation form provided by the Administrator.&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(l)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Time of Granting Awards</font><font style="display: inline;">.&nbsp;&nbsp;The date of grant of an Award shall for all purposes be the date on which the Administrator makes the determination to grant such Award, or such other later date as is determined by the Administrator. </font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519412071"></a><font style="display: inline;">7.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Award Exercise or Purchase Price, Consideration and Taxes</font><font style="display: inline;">.</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519412068"></a><font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">&nbsp;Exercise or Purchase Price</font><font style="display: inline;">.&nbsp;&nbsp;The exercise or purchase price, if any, for an Award shall be as follows:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;In the case of an Incentive Stock Option: </font>
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		<p style="margin:0pt 0pt 12pt;text-indent:144pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(A)&nbsp;&nbsp;&nbsp;&nbsp;granted to an Employee who, at the time of the grant of such Incentive Stock Option owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company, the per Share exercise price shall be not less than one hundred ten percent (110%) of the Fair Market Value per Share on the date of grant; or</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:144pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(B)&nbsp;&nbsp;&nbsp;&nbsp;granted to any Employee other than an Employee described in the preceding paragraph, the per Share exercise price shall be not less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant.</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;In the case of a Non-Qualified Stock Option, the per Share exercise price shall be not less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant.</font>
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		</p>

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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">8</font><font style="display: inline;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;In the case of Awards intended to qualify as Performance-Based Compensation, the exercise or purchase price, if any, shall be not less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iv)&nbsp;&nbsp;&nbsp;&nbsp;In the case of SARs, the base appreciation amount shall not be less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(v)&nbsp;&nbsp;&nbsp;&nbsp;In the case of other Awards, such price as is determined by the Administrator.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(vi)&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding the foregoing provisions of this Section&nbsp;7(a), in the case of an Award issued pursuant to Section&nbsp;6(d), above, the exercise or purchase price for the Award shall be determined in accordance with the provisions of the relevant instrument evidencing the agreement to issue such Award.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Consideration</font><font style="display: inline;">.&nbsp;&nbsp;Subject to Applicable Laws, the consideration to be paid for the Shares to be issued upon exercise or purchase of an Award including the method of payment, shall be determined by the Administrator.&nbsp;&nbsp;In addition to any other types of consideration the Administrator may determine, the Administrator is authorized to accept as consideration for Shares issued under the Plan the following, provided that the portion of the consideration equal to the par value of the Shares must be paid in cash or other legal consideration permitted by the Delaware General Corporation Law: </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;cash;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;check; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;surrender of Shares or delivery of a properly executed form of attestation of ownership of Shares as the Administrator may require which have a Fair Market Value on the date of surrender or attestation equal to the aggregate exercise price of the Shares as to which said Award shall be exercised; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519415682"></a><font style="display: inline;">(iv)&nbsp;&nbsp;&nbsp;&nbsp;with respect to Options, if the exercise occurs when the Common Stock is listed on one or more established stock exchanges or national market systems, including without limitation the NASDAQ Global Select Market, payment through a broker-dealer sale and remittance procedure pursuant to which the Grantee (A) shall provide written instructions to a Company designated brokerage firm to effect the immediate sale of some or all of the purchased Shares and remit to the Company sufficient funds to cover the aggregate exercise price payable for the purchased Shares and (B) shall provide written directives to the Company to deliver the certificates for the purchased Shares directly to such brokerage firm in order to complete the sale transaction;</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(v)&nbsp;&nbsp;&nbsp;&nbsp;with respect to Options, payment through a &#x201C;net exercise&#x201D; such that, without the payment of any funds, the Grantee may exercise the Option and receive the net number of Shares equal to (i)&nbsp;the number of Shares as to which the Option is being exercised, multiplied by (ii)&nbsp;a fraction, the numerator of which is the Fair Market Value per Share (on such date as is determined by the Administrator) less the exercise price per Share, and the denominator of which is such Fair Market Value per Share (the number of net Shares to be received shall be rounded down to the nearest whole number of Shares); or</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(vi)&nbsp;&nbsp;&nbsp;&nbsp;any combination of the foregoing methods of payment. </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The Administrator may at any time or from time to time, by adoption of or by amendment to the standard forms of Award Agreement described in Section&nbsp;4(b)(iv), or by other means, grant Awards which do not permit all of the foregoing forms of consideration to be used in payment for the Shares or which otherwise restrict one or more forms of consideration.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Taxes</font><font style="display: inline;">.&nbsp;&nbsp;No Shares or cash shall be delivered under the Plan to any Grantee or other person until such Grantee or other person has made arrangements acceptable to the Administrator for the satisfaction of any non-U.S., federal, state, or local income and employment tax withholding obligations, including, without limitation, obligations incident to the receipt of Shares or cash.&nbsp;&nbsp;Upon exercise or vesting of an Award the Company shall withhold or collect from the Grantee an amount sufficient to satisfy such tax obligations, including, but not limited to, by surrender of the whole number of </font><font style="display: inline;color:#000000;">Shares covered by the Award, if applicable, sufficient to satisfy the applicable tax withholding obligations incident to the exercise or vesting of an Award (limited to avoid, as determined by the Administrator, financial accounting charges under applicable accounting guidance and reduced to the lowest whole number of Shares if such number of Shares withheld would result in withholding a fractional Share with any remaining tax withholding settled in cash)</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">8.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Exercise of Award</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Procedure for Exercise; Rights as a Stockholder</font><font style="display: inline;">.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;Any Award granted hereunder shall be exercisable at such times and under such conditions as determined by the Administrator under the terms of the Plan and specified in the Award Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">&nbsp;</font>

		</p>

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">9</font><font style="display: inline;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;An Award shall be deemed to be exercised when written notice of such exercise has been given to the Company in accordance with the terms of the Award by the person entitled to exercise the Award and full payment for the Shares with respect to which the Award is exercised has been made, including, to the extent selected, use of the broker-dealer sale and remittance procedure to pay the purchase price as provided in Section&nbsp;7(b)(iv).&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Exercise of Award Following Termination of Continuous Service</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;An Award may not be exercised after the termination date of such Award set forth in the Award Agreement and may be exercised following the termination of a Grantee&#x2019;s Continuous Service only to the extent provided in the Award Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;Where the Award Agreement permits a Grantee to exercise an Award following the termination of the Grantee&#x2019;s Continuous Service for a specified period, the Award shall terminate to the extent not exercised on the last day of the specified period or the last day of the original term of the Award, whichever occurs first.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;Any Award designated as an Incentive Stock Option to the extent not exercised within the time permitted by law for the exercise of Incentive Stock Options following the termination of a Grantee&#x2019;s Continuous Service shall convert automatically to a Non-Qualified Stock Option and thereafter shall be exercisable as such to the extent exercisable by its terms for the period specified in the Award Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">9.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Conditions Upon Issuance of Shares</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;If at any time the Administrator determines that the delivery of Shares pursuant to the exercise, vesting or any other provision of an Award is or may be unlawful under Applicable Laws, the vesting or right to exercise an Award or to otherwise receive Shares pursuant to the terms of an Award shall be suspended until the Administrator determines that such delivery is lawful and shall be further subject to the approval of counsel for the Company with respect to such compliance.&nbsp;&nbsp;The Company shall have no obligation to effect any registration or qualification of the Shares under federal or state laws.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;As a condition to the exercise of an Award, the Company may require the person exercising such Award to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any Applicable Laws.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519411969"></a><font style="display: inline;">10.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Adjustments Upon Changes in Capitalization</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">Subject to any required action by the stockholders of the Company and Section 11 hereof, the number of Shares covered by each outstanding Award, and the number of Shares which have been authorized for issuance under the Plan but as to which no Awards have yet been granted or which have been returned to the Plan, the exercise or purchase price of each such outstanding Award, the numerical limits set forth in Section 6(g), as well as any other terms that the Administrator determines require adjustment shall be proportionately adjusted for (i)&nbsp;any increase or decrease in the number of issued Shares resulting from a stock split, reverse stock split, stock dividend, non-dividend distribution, recapitalization, combination or reclassification of the Shares, or similar transaction affecting the Shares, (ii)&nbsp;any other increase or decrease in the number of issued Shares effected without receipt of consideration by the Company, or (iii)&nbsp; any other transaction with respect to Common Stock including a corporate merger, consolidation, acquisition of property or stock, separation (including a spin-off or other distribution of stock or property), reorganization, liquidation (whether partial or complete) or any similar transaction; provided, however that conversion of any convertible securities of the Company shall not be deemed to have been &#x201C;effected without receipt of consideration.&#x201D;&nbsp; </font><font style="display: inline;">In the event of any distribution of cash or other assets to stockholders other than a normal cash dividend, the Administrator shall also make such adjustments as provided in this Section 10 or substitute, exchange or grant Awards to effect such adjustments (collectively &#x201C;adjustments&#x201D;).&nbsp;&nbsp;Any such adjustments to outstanding Awards will be effected in a manner that precludes the enlargement of rights and benefits under such Awards.&nbsp; </font><font style="display: inline;">In connection with the foregoing adjustments, the Administrator may, in its discretion, prohibit the exercise of Awards or other issuance of Shares, cash or other consideration pursuant to Awards during certain periods of time. Except as the Administrator determines, no issuance by the Company of shares of any class, or securities convertible into shares of any class, shall affect, and no adjustment by reason hereof shall be made with respect to, the number or price of Shares subject to an Award.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519415795"></a><a name="_Ref519414809"></a><font style="display: inline;">11.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Corporate Transactions and Changes in Control</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Termination of Award to Extent Not Assumed in Corporate Transaction</font><font style="display: inline;">.&nbsp;&nbsp;Effective upon the consummation of a Corporate Transaction, all outstanding Awards under the Plan shall terminate.&nbsp;&nbsp;However, all such Awards shall not terminate to the extent they are Assumed in connection with the Corporate Transaction.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Acceleration of Award Upon Corporate Transaction or Change in Control</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Corporate Transaction</font><font style="display: inline;">.&nbsp;&nbsp;In the event of a Corporate Transaction:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:144pt;font-family:Times New Roman;font-size: 10pt">

		</p>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">&nbsp;</font>

		</p>

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">10</font><font style="display: inline;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:144pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">(A)&nbsp;&nbsp;&nbsp;&nbsp;for the portion of each Award that is Assumed or Replaced, then such Award (if Assumed), the replacement Award (if Replaced), or the cash incentive program (if Replaced) automatically shall become fully vested, exercisable and payable and be released from any repurchase or forfeiture rights (other than repurchase rights exercisable at Fair Market Value) for all of the Shares (or other consideration) at the time represented by such Assumed or Replaced portion of the Award, immediately upon termination of the Grantee&#x2019;s Continuous Service if such Continuous Service is terminated by the successor company or the Company or a Related Entity without Cause or voluntarily by the Grantee with Good Reason at any time after the Corporate Transaction; and</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:144pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(B)&nbsp;&nbsp;&nbsp;&nbsp;for the portion of each Award that is neither Assumed nor Replaced, such portion of the Award shall automatically become fully vested and exercisable and be released from any repurchase or forfeiture rights (other than repurchase rights exercisable at Fair Market Value) for all of the Shares (or other consideration) at the time represented by such portion of the Award, immediately prior to the specified effective date of such Corporate Transaction, provided that the Grantee&#x2019;s Continuous Service has not terminated prior to such date.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:108pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Change in Control</font><font style="display: inline;">.&nbsp;&nbsp;In the event of a Change in Control, each Award shall automatically become fully vested and exercisable and be released from any repurchase or forfeiture rights (other than repurchase rights exercisable at Fair Market Value) for all of the Shares (or other consideration) at the time represented by such portion of the Award, immediately prior to the specified effective date of such Change in Control, provided that the Grantee&#x2019;s Continuous Service has not terminated prior to such date.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Effect of Acceleration on Incentive Stock Options</font><font style="display: inline;">.&nbsp;&nbsp;Any Incentive Stock Option accelerated under this Section&nbsp;11 in connection with a Corporate Transaction or Change in Control shall remain exercisable as an Incentive Stock Option under the Code only to the extent the $100,000 dollar limitation of Section&nbsp;422(d) of the Code is not exceeded.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref365537039"></a><font style="display: inline;">12.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Effective Date and Term of Plan</font><font style="display: inline;">.&nbsp;&nbsp;The Plan shall become effective upon the earlier to occur of its adoption by the Board or its approval by the stockholders of the Company.&nbsp;&nbsp;It shall continue in effect for a term of ten (10) years unless sooner terminated. Subject to Section&nbsp;17, below, and Applicable Laws, Awards may be granted under the Plan upon its becoming effective.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">13.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Amendment, Suspension or Termination of the Plan</font><font style="display: inline;">.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;The Board may at any time amend, suspend or terminate the Plan; provided, however, that no such amendment shall be made without the approval of the Company&#x2019;s stockholders to the extent such approval is required by Applicable Laws.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;No Award may be granted during any suspension of the Plan or after termination of the Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;No suspension or termination of the Plan (including termination of the Plan under Section&nbsp;11, above) shall adversely affect any rights under Awards already granted to a Grantee.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">14.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Reservation of Shares</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;The Company, during the term of the Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:72pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company&#x2019;s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">15.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">No Effect on Terms of Employment/Consulting Relationship</font><font style="display: inline;">.&nbsp;&nbsp;The Plan shall not confer upon any Grantee any right with respect to the Grantee&#x2019;s Continuous Service, nor shall it interfere in any way with his or her right or the right of the Company or any Related Entity to terminate the Grantee&#x2019;s Continuous Service at any time, with or without cause, including, but not limited to, Cause, and with or without notice.&nbsp;&nbsp;The ability of the Company or any Related Entity to terminate the employment of a Grantee who is employed at will is in no way affected by its determination that the Grantee&#x2019;s Continuous Service has been terminated for Cause for the purposes of this Plan.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">16.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">No Effect on Retirement and Other Benefit Plans</font><font style="display: inline;">.&nbsp;&nbsp;Except as specifically provided in a retirement or other benefit plan of the Company or a Related Entity, Awards shall not be deemed compensation for purposes of computing benefits or contributions under any retirement plan of the Company or a Related Entity, and shall not affect any benefits under any other benefit plan of any kind or any benefit plan subsequently instituted under which the availability or amount of benefits is related to level of compensation.&nbsp;&nbsp;The Plan is not a &#x201C;Pension Plan&#x201D; or &#x201C;Welfare Plan&#x201D; under the Employee Retirement Income Security Act of 1974, as amended.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<a name="_Ref519414781"></a>
		</p>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">&nbsp;</font>

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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">11</font><font style="display: inline;"></font>

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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">17.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Stockholder Approval</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">Continuance of the Plan shall be subject to approval by the stockholders of the Company within twelve (12) months before or after the date the Plan is adopted.&nbsp;&nbsp;Such stockholder approval shall be obtained in the degree and manner required under Applicable Laws.&nbsp;&nbsp;Any Award exercised or settled before stockholder approval is obtained shall be rescinded if stockholder approval is not obtained within the time prescribed, and Shares issued on the exercise or settlement of any such Award shall not be counted in determining whether stockholder approval is obtained.</font>
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			<font style="display: inline;">18.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Unfunded Obligation</font><font style="display: inline;">.&nbsp;&nbsp;Grantees shall have the status of general unsecured creditors of the Company.&nbsp;&nbsp;Any amounts payable to Grantees pursuant to the Plan shall be unfunded and unsecured obligations for all purposes, including, without limitation, Title&nbsp;I of the Employee Retirement Income Security Act of 1974, as amended.&nbsp;&nbsp;Neither the Company nor any Related Entity shall be required to segregate any monies from its general funds, or to create any trusts, or establish any special accounts with respect to such obligations.&nbsp;&nbsp;The Company shall retain at all times beneficial ownership of any investments, including trust investments, which the Company may make to fulfill its payment obligations hereunder.&nbsp;&nbsp;Any investments or the creation or maintenance of any trust or any Grantee account shall not create or constitute a trust or fiduciary relationship between the Administrator, the Company or any Related Entity and a Grantee, or otherwise create any vested or beneficial interest in any Grantee or the Grantee&#x2019;s creditors in any assets of the Company or a Related Entity. The Grantees shall have no claim against the Company or any Related Entity for any changes in the value of any assets that may be invested or reinvested by the Company with respect to the Plan.</font>
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			<font style="display: inline;">19.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Construction</font><font style="display: inline;">.&nbsp;&nbsp;Captions and titles contained herein are for convenience only and shall not affect the meaning or interpretation of any provision of the Plan.&nbsp;&nbsp;Except when otherwise indicated by the context, the singular shall include the plural and the plural shall include the singular.&nbsp;&nbsp;Use of the term &#x201C;or&#x201D; is not intended to be exclusive, unless the context clearly requires otherwise.</font>
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			<font style="display: inline;">20.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">Nonexclusivity of the Plan</font><font style="display: inline;">.&nbsp;&nbsp;Neither the adoption of the Plan by the Board, the submission of the Plan to the stockholders of the Company for approval, nor any provision of the Plan will be construed as creating any limitations on the power of the Board to adopt such additional compensation arrangements as it may deem desirable, including, without limitation, the granting of Awards otherwise than under the Plan, and such arrangements may be either generally applicable or applicable only in specific cases.</font>
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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">12</font><font style="display: inline;"></font>

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