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<SEC-DOCUMENT>0001003297-10-000254.txt : 20101021
<SEC-HEADER>0001003297-10-000254.hdr.sgml : 20101021
<ACCEPTANCE-DATETIME>20101021160737
ACCESSION NUMBER:		0001003297-10-000254
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20101203
FILED AS OF DATE:		20101021
DATE AS OF CHANGE:		20101021
EFFECTIVENESS DATE:		20101021

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRO DEX INC
		CENTRAL INDEX KEY:			0000788920
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				841261240
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14942
		FILM NUMBER:		101135202

	BUSINESS ADDRESS:	
		STREET 1:		2361 MCGAW AVENUE
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614
		BUSINESS PHONE:		949-769-3200

	MAIL ADDRESS:	
		STREET 1:		2361 MCGAW AVENUE
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>esprodexproxy.htm
<TEXT>
<html>

<head>
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<title>Pro-Dex Form DEF-14A</title>



</head>

<body lang=EN-US link=blue vlink=purple'>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>&nbsp;</p>
<table border="0" style="border-collapse: collapse" width="100%" id="table16">
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px; border-top: 1px solid #000000" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>
		&nbsp;</p>
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>
		&nbsp;</p>
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>
		<font size="4">SCHEDULE 14A INFORMATION</font></p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>&nbsp;</p>
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>Proxy Statement Pursuant to Section
14(a) of the Securities Exchange Act of 1934 <br>
&nbsp;</p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify'>Filed by the Registrant<font face="Wingdings">
		&#120;</font></p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:justify";margin-top:0'>
		Filed by a Party other than the Registrant <font face="Wingdings">&#111;</font></p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp; </td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman"'>Check the appropriate box:</p>
		</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;
		</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top" colspan="2">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Wingdings"'>
		<font face="Wingdings">&#111;</font></p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top" colspan="2">
		<p style="margin-top: 0; margin-bottom: 0">Preliminary Proxy Statement</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top" colspan="2">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Wingdings";margin-top:0'>
		<font face="Wingdings">&#111;</font></p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top" colspan="2">
		<p style="margin-top: 0; margin-bottom: 0">Confidential, for Use of the
		Commission Only (as permitted by Rule 14a-6(e)(2))</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top" colspan="2">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Wingdings";margin-top:0'>
		&#120;</p>
		</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top" colspan="2">
		<p style="margin-top: 0; margin-bottom: 0">Definitive Proxy Statement</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top" colspan="2">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Wingdings";margin-top:0'>
		<font face="Wingdings">&#111;</font></p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top" colspan="2">
		<p style="margin-top: 0; margin-bottom: 0">Definitive Additional
		Materials</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top" colspan="2">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Wingdings";margin-top:0'>
		<font face="Wingdings">&#111;</font></p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top" colspan="2">
		<p style="margin-top: 0; margin-bottom: 0">Soliciting Material Pursuant
		to &#61479; 240.14a-11(c) or &#61479; 240.14a-12</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top" colspan="2">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top" colspan="2">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0;text-align:center'>
		<a
name="_DV_M10"></a><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PRO-DEX,
INC.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		</u></p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";margin-top:0'>
		<a name="_DV_M11"></a>(Name of
Registrant as Specified In Its Charter)</p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px; border-bottom-style:solid; border-bottom-width:1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman"'>
		&nbsp;</p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0;text-align:center'>
		<a
name="_DV_M13"></a>(Name of Person(s) Filing Proxy Statement if other than the
Registrant)</p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		&nbsp; </td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman"'>
		Payment of Filing Fee (Check the
appropriate box):</p></td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:left;text-autospace:none;font-family:"Times New Roman"'>
		<font face="Wingdings">
		&#120;</font></p>
		</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">No fee required</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0'>
		<font face="Wingdings">&#111;</font></p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">Fee computed on table below
		per Exchange Act Rules 14a-6(i)(4) and 0-11.</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">1.</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px; border-bottom-style:solid; border-bottom-width:1px" bordercolor="#000000" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">Title of each class of
		securities to which transaction applies:</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		&nbsp;</td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top">
		&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;
'>&nbsp;</p></td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">2.</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px; border-bottom-style:solid; border-bottom-width:1px" bordercolor="#000000" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">Aggregate number of
		securities to which transaction applies:</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		&nbsp;</td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top">
		&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;
'>&nbsp;</p></td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">3.</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px; border-bottom-style:solid; border-bottom-width:1px" bordercolor="#000000" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">Per unit price or other
		underlying value of transaction computed pursuant to Exchange Act
		Rule&nbsp;0-11 <br>(set forth the amount on which the filing fee is calculated and state how it
was determined):</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		&nbsp;</td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top">
		&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;
'>&nbsp;</p></td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">4.</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px; border-bottom-style:solid; border-bottom-width:1px" bordercolor="#000000" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">Proposed maximum aggregate
		value of transaction:</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		&nbsp;</td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" valign="top">
		&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;
'>&nbsp;</p></td>
		<td style="border-style:none; border-width:medium; " bordercolor="#000000" colspan="2" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">5.</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px; border-bottom-style:solid; border-bottom-width:1px" bordercolor="#000000" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">Total fee paid:</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Wingdings";'>
		&#120;</p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		Fees paid previously with preliminary materials.</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Wingdings";'>
		<font face="Wingdings">&#111;</font></p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		Check box if any part of the fee is offset as provided by Exchange Act
		Rule 0-11(a)(2) and identify the filing for which the offsetting fee was
		paid previously.&nbsp; Identify the previous filing by registration
		statement number, or the Form or Schedule and the date of its filing.</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		&nbsp;</td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		&nbsp; </td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";'>
		&nbsp;</p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		1.&nbsp;&nbsp; Amount Previously Paid:</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0;margin-bottom:0in;
margin-bottom:0;'>&nbsp;</p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		2.&nbsp;&nbsp; Form,
Schedule or Registration Statement No.:&nbsp; &nbsp; </td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style='margin-top:12.0pt;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0;margin-bottom:0in;
margin-bottom:0;'><a name="_DV_M26"></a>&nbsp;&nbsp;&nbsp;&nbsp; </p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		3.&nbsp;&nbsp; Filing Party:&nbsp; </td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: none; border-right-width: medium" bordercolor="#000000" colspan="2" valign="top">
		<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-top:0'>
		&nbsp;</p></td>
		<td style="border-left-style: none; border-left-width: medium; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="2" valign="top">
		4.&nbsp;&nbsp; Date Filed</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px" bordercolor="#000000" colspan="4" valign="top">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
	</tr>
	<tr>
		<td style="border-left-style: solid; border-left-width: 1px; border-right-style: solid; border-right-width: 1px; border-bottom: 1px solid #000000" bordercolor="#000000" colspan="4" valign="top">&nbsp;</td>
	</tr>
</table>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<div style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0in;text-align:center'>
	<p style="text-align: justify; text-autospace: none; font-family: Times New Roman; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
	<p style="text-align: justify; text-autospace: none; font-family: Times New Roman; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin-bottom: .0001pt">&nbsp;</p>
	<hr size=2 width="100%" noshade color=navy align=center></div>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>


<div style='page:Section2;'>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><img width=315 height=50
src="prodexlogo.jpg"></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>2361 McGaw Avenue</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";margin-top:0in;page-break-after:auto'>Irvine, California 92614</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold;margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:0in;page-break-after:auto'>______________________</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold;margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:0in;page-break-after:auto'>NOTICE OF ANNUAL MEETING OF SHAREHOLDERS<br>
TO BE HELD DECEMBER 3, 2010</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:12.0pt'>
<font size="3">To the shareholders of Pro-Dex, Inc.:</font></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:0in'><font size="3">The
Annual Meeting of Shareholders of Pro-Dex, Inc. (the &#147;Company&#148; or &#147;Pro-Dex&#148;)
will be held at the Pro-Dex company headquarters, 2361 McGaw Avenue, Irvine,
California, on Friday, December 3, 2010, at 8:00 A.M. Pacific Time, for the
following purposes:</font></p>

<ol>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:0.3in;'><font size="3">To elect five persons to
serve as directors of the Company for a term of one year each. The nominees for
election to the Board are named in the attached Proxy Statement, which is part
of this Notice.&nbsp; </font></p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:0.3in;'>To ratify the appointment of Moss
Adams, LLP as independent public accountants of the Company for the fiscal year
ending June 30, 2011.</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:0.3in;'>To transact such other business as
may properly come before the Annual Meeting or any adjournments or
postponements thereof.</p></li>
</ol>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:12.0pt;text-indent:.5in'>
<font size="3">Only shareholders of record at the close of business
on October 8, 2010, are entitled to notice of and to vote at the Annual Meeting
and at any adjournments or postponements of the Annual Meeting.</font></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:12.0pt;text-indent:.5in'>
<font size="3">All shareholders are
cordially invited to attend the Annual Meeting in person. Whether or not you
plan to attend the Annual Meeting, your vote is important.&nbsp; In an effort to
facilitate the voting process, we are pleased to take advantage of Securities
and Exchange Commission, or SEC, rules that allow proxy materials to be
furnished to shareholders on the Internet.&nbsp; You can vote by proxy over the
Internet by following the instructions provided in the Notice of Internet
Availability of Proxy Materials that was previously mailed to you on or about October
25, 2010, or, if you request printed copies of the proxy materials by mail, you
can also vote by mail or by telephone.&nbsp; Your promptness in voting by proxy will
assist in its expeditious and orderly processing and will assure that you are
represented at the Annual Meeting. If you vote by proxy, you may nevertheless
attend the Annual Meeting and vote your shares in person.</font></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-bottom:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'><b>TO ENSURE YOUR REPRESENTATION AT THE ANNUAL
MEETING, YOU ARE URGED TO READ THIS PROXY STATEMENT AND SUBMIT YOUR PROXY OR
VOTING INSTRUCTIONS AS SOON AS POSSIBLE BY FOLLOWING THE INSTRUCTIONS IN THE
NOTICE OF INTERNET AVAILABILITY OF PROXY MATERIALS, WHICH WAS MAILED TO YOU ON
OR ABOUT OCTOBER 25, 2010, OR, IF YOU REQUEST PRINTED COPIES OF THE PROXY
MATERIALS BY MAIL, YOU CAN ALSO VOTE BY MAIL OR BY TELEPHONE.</b></p>

<div align="right">
	<table border="0" style="border-collapse: collapse" width="50%" id="table1">
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:0in;
margin-bottom:0;text-align:left'>By Order of the Board of Directors,</p>

			</td>
		</tr>
		<tr>
			<td>

&nbsp;</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:0in;
margin-bottom:0;text-align:left'>PRO-DEX, INC.</p>

			</td>
		</tr>
		<tr>
			<td>

&nbsp;

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-right:0in; margin-top:0in'>/s/ Harold A. Hurwitz</p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:0;
'>Corporate Secretary</p>

			</td>
		</tr>
	</table>
</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:3.0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:3.0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 1</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

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style='page-break-before:always'>


</font>


<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><img width=315 height=50
src="prodexlogo.jpg"></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>2361 McGaw Avenue</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";margin-top:0in;page-break-after:auto'>Irvine, California 92614</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";margin-top:0in;page-break-after:auto'><b>______________________</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'><b><font style="font-size: 12.0pt">&nbsp;</font></b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>ANNUAL MEETING OF
SHAREHOLDERS</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>TO BE HELD DECEMBER
3, 2010</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>______________________ </b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>PROXY STATEMENT</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<b>________________________</b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>SOLICITATION OF PROXIES</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>The Board of
Directors of Pro-Dex, Inc. (the &#147;Company&#148; or &#147;Pro-Dex&#148;) has made these
materials available to you on the Internet, or, upon your request, has
delivered printed versions of these materials to you by mail, in connection
with the Board&#146;s solicitation of proxies for use at the Company&#146;s Annual
Meeting of Shareholders to be held at the Pro-Dex company headquarters, 2361
McGaw Avenue, Irvine, California, on Friday, December 3, 2010, at 8:00 A.M.
Pacific Time, and at any and all adjournments or postponements thereof.
Shareholders are requested to promptly vote by proxy over the Internet by
following the instructions provided in the Notice of Internet Availability of
Proxy Materials, which was previously mailed to you on or about October 25, 2010.&nbsp;
If you request printed copies of the proxy materials by mail, you can also vote
by mail or by telephone. &nbsp;All shares represented by each properly submitted and
unrevoked proxy received on the Internet or by telephone prior to 11:59 P.M. Eastern
Time on Thursday, December 2, 2010, or by proxy card prior to or at the Annual
Meeting will be voted in the manner specified therein, and if no direction is
indicated, &#147;for&#148; each director nominee (except in the case of broker non-votes)
and &#147;for&#148; each of the other proposals described on the proxy card.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>Any
shareholder has the power to revoke his or her proxy at any time before it is
voted.&nbsp; A proxy may be revoked by delivering a written notice of revocation to
the Secretary of the Company prior to or at the Annual Meeting, by voting again
on the Internet or by telephone (only your latest Internet or telephone proxy
submitted prior to 11:59 P.M. Eastern Time on Thursday, December 2, 2010, will
be counted), by submitting prior to or at the Annual Meeting a later dated
proxy card executed by the person executing the prior proxy, or by attendance
at the Annual Meeting and voting in person by the person submitting the prior
proxy.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>Any shareholder
who owns shares in street name and would like to vote in person at the Annual
Meeting should inform his or her broker bank of such plans and request a legal
proxy from the broker. Such shareholders will need to bring the legal proxy
with them to the Annual Meeting and valid picture identification such as a
driver&#146;s license or passport in addition to documentation indicating share
ownership. Such shareholders who do not receive the legal proxy in time should
bring with them to the Annual Meeting their most recent brokerage account
statement showing that they owned Pro-Dex stock as of the record date.&nbsp; Upon
submission of proper identification and ownership documentation, the Company
will be able to admit the shareholder to the Annual Meeting; however, such
shareholder will not be able to vote his or her shares at the Annual Meeting
without a legal proxy.&nbsp; Shareholders are advised that if they own shares in
street name and request a legal proxy, any previously executed proxy will be
revoked, and such shareholder&#146;s vote will not be counted unless he or she
appears at the Annual Meeting and votes in person.</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 2</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>The Company&#146;s Board of Directors does not presently intend to
bring any business before the Annual Meeting other than the proposals referred
to in this proxy statement and specified in the accompanying Notice of Meeting.
So far as is known to the Company&#146;s Board of Directors, no other matters are to
be brought before the Annual Meeting. &nbsp;As to any business that may properly
come before the Annual Meeting, however, it is intended that shares represented
by proxies held by management will be voted in accordance with the judgment of
the persons voting the shares.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M55"></a><b>This proxy statement, the accompanying
proxy card, the Company&#146;s Annual Report on Form 10-K and a letter to
shareholders are being made available on the Internet at www.proxyvote.com</b> <b>through the
notice and access process to the Company&#146;s shareholders on or about October 25,
2010.</b>&nbsp; The cost of soliciting proxies will be borne by the Company. The
solicitation will be made through the Internet and expenses will include
reimbursement paid to brokerage firms and others for their expenses in
forwarding solicitation material regarding the Annual Meeting to beneficial
owners of the Company&#146;s Common Stock.&nbsp; Further solicitation of proxies may be
made by mail upon request, and telephone or oral communications with some
shareholders. The Company&#146;s regular employees, who will not receive additional
compensation for the solicitation, or a compensated proxy solicitation firm,
will make such further solicitations. </p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'><a name="_DV_M56"></a>OUTSTANDING SHARES AND VOTING RIGHTS</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M57"></a>Only holders of record of the 3,251,333
shares of the Company&#146;s Common Stock outstanding at the close of business on October
8, 2010, are entitled to notice of and to vote at the Annual Meeting or any
adjournment or postponement thereof.&nbsp; Under Colorado law, the Company&#146;s
Articles of Incorporation, and the Company&#146;s Bylaws, <a name="_DV_C6">the
holders of a majority of the total shares entitled to </a>vote<a name="_DV_C9"> at the Annual Meeting, as of
the record date</a>, represented in
person or by proxy, will constitute a quorum for the transaction of business at
<a name="_DV_C11">the Annual Meeting.&nbsp; If a quorum is not present,
the Annual Meeting may be postponed or adjourned to allow additional time for
obtaining additional proxies or votes.&nbsp; At any subsequent reconvening of the
Annual Meeting, all proxies will be voted in the same manner as the proxies
would have been voted at the original convening of the Annual Meeting, except
for any proxies that have been effectively revoked or withdrawn prior to the
reconvening of the Annual Meeting</a>.&nbsp;
Shares of the Company&#146;s Common Stock represented in person or by
proxy (regardless of whether the proxy has authority to vote on all matters),
as well as abstentions and broker non-votes, will be counted for purposes of
determining whether a quorum is present at the Annual Meeting.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M58"></a>An &#147;abstention&#148; is the voluntary act of
not voting by a shareholder who is present at a meeting and entitled to vote.&nbsp;
&#147;Broker non-votes&#148; are shares of voting stock held in record name by brokers
and nominees concerning which: (i) the broker or nominee does not have
discretionary voting power under applicable rules or the instruments under
which it serves in such capacity and instructions have not been received from
the beneficial owners or persons entitled to vote; or (ii) the record holder
has indicated on the proxy or has executed a proxy and otherwise notified the
Company that it does not have authority to vote such shares on that matter.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M59"></a>Assuming a quorum is present, for
Proposal 1 (the election of directors) the five nominees for director receiving
the highest number of affirmative votes will be elected; votes withheld, broker
non-votes and votes against a nominee have no practical effect.&nbsp; In matters
other than election of directors and, assuming that a quorum is present<b> </b>for
each matter, the matter will be approved if the votes cast in favor of the
matter exceed the votes cast opposing the matter.&nbsp; In such matters, abstentions and broker non-votes will
not be included in the vote totals and, therefore, will have no effect on the
vote.&nbsp; Each shareholder will be entitled to one vote, in person
or by proxy, for each share of Common Stock held of record on the record date.
Votes cast at the Annual Meeting will be tabulated by the person or persons
appointed by the Company to act as inspectors of election for the Annual
Meeting. </p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold;text-align:left'><a name="_DV_M60"></a>Recommendation
of the Company&#146;s Board of Directors</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M61"></a>The Company&#146;s Board of Directors recommends
that the Company&#146;s shareholders vote &#147;for&#148; each of the proposals described in
this proxy statement and the accompanying Notice of Meeting.</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 3</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>


<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><b>THE PROPOSALS TO BE VOTED UPON AT THE ANNUAL MEETING ARE
DISCUSSED IN DETAIL IN THIS PROXY STATEMENT. YOU ARE STRONGLY URGED TO READ AND
CONSIDER CAREFULLY THIS PROXY STATEMENT IN ITS ENTIRETY.</b></p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>
<b>&nbsp; </b></p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 4</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:center;text-indent:0in'><b>SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-indent:0in'><a name="_DV_M64"></a>The following table
sets forth certain information with respect to the beneficial ownership of the
Company&#146;s Common Stock as of the record date, October 8, 2010, by (i) each
person known by the Company to beneficially own more than 5% of the outstanding
shares of Common Stock, (ii) each of the Company&#146;s current and nominated
directors, (iii) each of the Named Executive Officers (as hereinafter defined),
and (iv) all current and nominated directors and all Named Executive Officers
of the Company as a group.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:0in'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellpadding=0
 style='border-collapse:collapse' width="100%">
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">&nbsp;</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><b><u>
	<font size="2">Name of Beneficial Owner</font></u><sup><font size="2">(1)</font></sup></b></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' colspan="2">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Number of Shares of Common <u><br>
	Stock Beneficially
  Owned</u></font><sup><font size="2">(2)</font></sup></b></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Percent of Common Stock <u><br>
	Beneficially Owned</u></font><sup><font size="2">(3)</font></sup></b></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' colspan="2">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">First
  Wilshire Securities Management Inc.</font></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1224 East Green Street</font></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Pasadena, CA 91106</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font> </p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp; 328,708</font></p>
  </td>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  &nbsp;</td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">9.7%</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Wedbush
  Inc.</font></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1000 Wilshire Blvd</font></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Los Angeles, CA 90017</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font> </p>
  <p style='margin-bottom:.0001pt;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp; &nbsp;168,060</font></p>
  </td>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  &nbsp;</td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">5.0%</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Ronald
  G. Coss </font></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">3 Overlook Drive</font></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Newport
  Coast, CA 92657</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font> </p>
  <p style='margin-bottom:.0001pt;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp; 301,293</font></p>
  </td>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  &nbsp;</td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">8.9%</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Mark P. Murphy</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp; 209,823</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  <sup><font size="2">(4)</font></sup></td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;6.2%</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">George
  J. Isaac </font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">74,834</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  <sup><font size="2">(4)</font></sup></td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;2.2%
  </font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">William
  L. Healey</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">16,666</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  <sup><font size="2">(4)</font></sup></td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;*</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">David
   Holder</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,667</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  <sup><font size="2">(4)</font></sup></td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;*</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Michael
  J. Berthelot</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,667</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  <sup><font size="2">(4)</font></sup></td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in' align="center">
	<font size="2">&nbsp;*</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Jeffrey
  J. Ritchey<sup>(5)</sup>&nbsp;&nbsp; </font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">43,000</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  <sup><font size="2">(4)</font></sup></td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1.3%</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Patrick
   Johnson</font><sup><font size="2">(6)</font></sup></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">15,310</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  <sup><font size="2">(7)</font></sup></td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;*</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  &nbsp;</td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">All
  Named Executive Officers, current directors and director nominees as a group (7
  persons)</font></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">384,079</font></p>
  </td>
  <td valign=top style='padding-top:0in; padding-bottom:0in' align="left">
  <sup><font size="2">(4)</font></sup></td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11.3%<b> </b></font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:left'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' colspan="2">
	<font face="Times New Roman" size="2"><a
  name="_DV_M68"></a>
  </font>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">&nbsp;</font></b></p>
  </td>
  <td valign=bottom style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
	<font face="Times New Roman" size="2"><a
  name="_DV_M69"></a>
  </font>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">&nbsp;</font></b></p>
  </td>
 </tr>
</table>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:.5in;text-indent:-.5in; margin-right:0in; margin-top:0in'><a name="_DV_M70"></a>__________________________</p>

<table border="0" style="border-collapse: collapse" width="100%" id="table2">
	<tr>
		<td width="5%" valign="top">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">*</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0;margin-right:0in;margin-bottom:0in;
margin-bottom:0;'><font size="2">Less than 1%.</font></p>

		</td>
	</tr>
	<tr>
		<td width="5%" valign="top"><font size="2">&nbsp;</font></td>
		<td width="95%" valign="top"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="5%" valign="top">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">1.</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0;margin-right:0in;margin-bottom:0in;
margin-bottom:0;'><font size="2">Unless otherwise indicated, the address is c/o
Pro-Dex, Inc., 2361 McGaw Avenue, Irvine, California 92614.</font></p>

		</td>
	</tr>
	<tr>
		<td width="5%" valign="top"><font size="2">&nbsp;</font></td>
		<td width="95%" valign="top"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="5%" valign="top">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">2. </font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0;margin-right:0in;margin-bottom:0in;
margin-bottom:0;'><font size="2">Unless otherwise indicated, to the Company&#146;s
knowledge, the persons named in the table have sole voting and sole investment
power with respect to all shares beneficially owned, subject to community
property and similar laws, where applicable.</font></p>

		</td>
	</tr>
	<tr>
		<td width="5%" valign="top"><font size="2">&nbsp;</font></td>
		<td width="95%" valign="top"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="5%" valign="top">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">3.</font></td>
		<td width="95%" valign="top">

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0;margin-right:0in;margin-bottom:0in;
margin-bottom:0;'><font size="2">Applicable percentage ownership is based on 3,251,333
shares of Common Stock outstanding as of October
8, 2010.&nbsp; Any securities not outstanding but subject to
warrants or options exercisable as of October 8, 2010, or
exercisable within 60 days after such date, are deemed to be outstanding for
the purpose of computing the percentage of outstanding Common Stock
beneficially owned by the person holding such warrants or options,
but are not deemed to be outstanding for the purpose of computing the
percentage of Common Stock beneficially owned by any other person.<a
name="_DV_M75"></a><a name="_DV_M76"></a></font></p>

		</td>
	</tr>
	<tr>
		<td width="5%" valign="top"><font size="2">&nbsp;</font></td>
		<td width="95%" valign="top"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="5%" valign="top">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">4.</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0;margin-right:0in;margin-bottom:0in;
margin-bottom:0;'><font size="2">Includes shares of Common Stock <a name="_DV_C28">issuable
upon the exercise of</a> warrants
and options which were exercisable as of October 8, 2010, or exercisable within
60 days after October 8, 2010, as follows: Mr. Murphy, 12,778 shares; <a
name="_DV_M78"></a>Mr. Isaac, 35,000 shares; Mr. Healey 16,666 shares; Mr. Holder,
11,667 shares; Mr. Berthelot, 11,667 shares; Mr. Ritchey, 43,000 shares; and
all current directors, director nominees and Named Executive Officers as a
group, <a name="_DV_M79"></a>130,000 shares. </font></p>

		</td>
	</tr>
	<tr>
		<td width="5%" valign="top"><font size="2">&nbsp;</font></td>
		<td width="95%" valign="top"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="5%" valign="top">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">5.</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0;margin-right:0in;margin-bottom:0in;
margin-bottom:0;'><font size="2">Mr. Ritchey&#146;s employment with the Company concluded
on October 5, 2010.</font></p>

		</td>
	</tr>
	<tr>
		<td width="5%" valign="top"><font size="2">&nbsp;</font></td>
		<td width="95%" valign="top"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="5%" valign="top">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">6.</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0;margin-right:0in;margin-bottom:0in;
margin-bottom:0;'><font size="2">Mr. Johnson&#146;s employment with the Company concluded
on February 5, 2010.</font></p>

		</td>
	</tr>
</table>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 5</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>


<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<table border="0" style="border-collapse: collapse" width="100%" id="table3">
	<tr>
		<td width="5%" valign="top">
		<p align="justify" style="margin-top: 0; margin-bottom: 0">
		<font size="2">7.</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0;margin-bottom:0in;
margin-bottom:0;'><font size="2">Mr. Johnson&#146;s beneficial ownership is based on
the most recent information available to the Company prior to the conclusion of
Mr. Johnson&#146;s employment with the Company on February 5, 2010, adjusted for
options that have expired since that date.&nbsp; </font></p>

		</td>
	</tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-align:center;
page-break-after:avoid; margin-left:0in; margin-right:0in'><b>Proposal No.
1</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-align:center;
page-break-after:avoid; margin-left:0in; margin-right:0in'><b>ELECTION OF DIRECTORS</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'><b>Current Board Structure and
Director Terms</b></p>

<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>The Board of
Directors is currently composed of five members.&nbsp; All directors or their
successor nominees stand for election each year. &nbsp;</p>

<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in;text-autospace:ideograph-numeric ideograph-other; margin-left:0in; margin-right:0in; margin-top:0in'>Certain
information with respect to each of the nominees who will be presented at the
Annual Meeting by the Board of Directors for election as a director is set
forth below. Although it is anticipated that each nominee will be available to
serve as a director, should that nominee become unavailable to serve, proxies will
be voted for such other person as may be designated by the Company&#146;s Board of
Directors.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-left:0in;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>Unless the authority to vote for directors
has been withheld in the proxy, the person named in the accompanying proxy
intends to vote at the Annual Meeting for the election of each of the nominees
presented below. In the election of directors, assuming a quorum is present,
the five nominees for director receiving the highest number of votes cast at
the Annual Meeting will be elected as directors of the Company.<a name="_DV_M89"></a><a
name="_DV_M90"></a><a name="_DV_M91"></a><a name="_DV_M92"></a>&nbsp; </p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold;margin-top:0in'>DIRECTORS</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Set forth
below is certain information with respect to the Company&#146;s director nominees. </p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;text-indent:.5in'>&nbsp;</p>

<div align="center">

<table class=MsoNormalTable border=0 cellpadding=0 width=597
 style='width:95%;border-collapse:collapse'>
 <tr style='height:71.75pt'>
  <td valign=bottom style='border-left:1.0pt solid windowtext; border-top:1.0pt solid windowtext; border-bottom:1.0pt solid windowtext; border-right:medium none; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Name</font></b></p>
  </td>
  <td valign=bottom style='border-top:1.0pt solid windowtext;
  border-left:medium none;border-bottom:1.0pt solid windowtext;border-right:medium none;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Age</font></b></p>
  </td>
  <td valign=bottom style='border-right:1.0pt solid windowtext; border-top:1.0pt solid windowtext; border-bottom:1.0pt solid windowtext; border-left:medium none; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Position&nbsp;with&nbsp;Company</font></b></p>
  </td>
  <td valign=bottom style='border-right:1.0pt solid windowtext; border-top:1.0pt solid windowtext; border-bottom:1.0pt solid windowtext; border-left:medium none; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Audit</font></b></p>
  </td>
  <td valign=bottom style='border-right:1.0pt solid windowtext; border-top:1.0pt solid windowtext; border-bottom:1.0pt solid windowtext; border-left:medium none; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Compensation</font></b></p>
  </td>
  <td valign=bottom style='border-top:1.0pt solid windowtext;
  border-left:1px solid;border-bottom:1.0pt solid windowtext;border-right:1px solid;
  padding:1.1pt;' bordercolor="#000000">
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Nominating&nbsp;/&nbsp;<br>
	Governance</font></b></p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Mark&nbsp;P.&nbsp;Murphy</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">51&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Director&nbsp;and&nbsp;Nominee,</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:1px solid; border-top:medium none; border-bottom:medium none; border-right:1px solid windowtext; padding:1.1pt; ' bordercolor="#000000">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Chairman&nbsp;of&nbsp;the&nbsp;Board,</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  border-left-style:solid; border-left-width:1px; border-right-style:solid; border-right-width:1px' bordercolor="#000000">
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Chief&nbsp;Executive&nbsp;Officer&nbsp;and&nbsp;President</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  border-left-style:solid; border-left-width:1px; border-right-style:solid; border-right-width:1px' bordercolor="#000000">
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">William&nbsp;L.&nbsp;Healey</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">65&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Director&nbsp;and&nbsp;Nominee,</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">X</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  border-left-style:solid; border-left-width:1px; border-right-style:solid; border-right-width:1px' bordercolor="#000000">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">X</font></p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Lead&nbsp;Independent&nbsp;Director</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  border-left-style:solid; border-left-width:1px; border-right-style:solid; border-right-width:1px' bordercolor="#000000">
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">George&nbsp;J.&nbsp;Isaac</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">65&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Director&nbsp;and&nbsp;Nominee</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">C</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">X</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  border-left-style:solid; border-left-width:1px; border-right-style:solid; border-right-width:1px' bordercolor="#000000">
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">David&nbsp;Holder</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">68&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Director&nbsp;and&nbsp;Nominee</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">C</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  border-left-style:solid; border-left-width:1px; border-right-style:solid; border-right-width:1px' bordercolor="#000000">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">X</font></p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:1.0pt solid windowtext;border-right:
  medium none;padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Michael&nbsp;J.&nbsp;Berthelot</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">60&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-top:medium none;border-left:
  medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Director&nbsp;and&nbsp;Nominee</font></p>
  </td>
  <td valign=bottom style='border-top:medium none;border-left:
  medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">X</font></p>
  </td>
  <td valign=bottom style='border-top:medium none;border-left:
  medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">X</font></p>
  </td>
  <td valign=bottom style='border-left:1px solid; border-right:1px solid; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; ' bordercolor="#000000">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">C</font></p>
  </td>
 </tr>
 </table>

</div>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>(<font size="2">X) Member of the Committee</font></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>
<font size="2">(C)
Chairman of the Committee</font></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>__________________________</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>Messrs. Healey, Isaac, Berthelot and Holder currently each qualify
as an &#147;independent director&#148; as such term is defined in Rule 5605(a)(2) of the
Nasdaq Listing Rules and the Company expects that each will continue to qualify
as an &#147;independent director&#148; if elected.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>The Board of
Directors is of the opinion that the election to the Company&#146;s Board of
Directors of the director nominees identified herein, each of whom has
consented to serve if elected, would be in the Company&#146;s best interests. </p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 6</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-align:center; margin-left:0in; margin-right:0in'><b>THE
BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE &#147;FOR&#148; THE ELECTION OF THE NOMINEES
NAMED BELOW.<a name="_DV_M100"></a></b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:12.0pt'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>George J. Isaac (65), current director
and nominee,<i> </i>is a Certified Public Accountant and has had his own
certified public accounting firm since 2003.&nbsp; Mr. Isaac served as a consultant
to the Company and its predecessor from 1978 until 1984, was the Company&#146;s
Chief Financial Officer from August 1995 to July 2002, and Secretary from July
2002 to October 2003.&nbsp; Mr. Isaac was a principal in the certified public
accounting firm of Joseph B. Cohan and Associates, Worcester, Massachusetts
from 1978 to 1995.&nbsp; Mr. Isaac is a director of Professional Sales Associates,
Inc., a dental product sales organization, and Commerce Bank &amp; Trust and is
a trustee of Becker College.&nbsp; Mr. Isaac has been a director of the Company
since 1995.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Mr. Isaac brings the following experience,
qualifications, attributes and skills<i> </i>to the Board:</p>

<ul>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-bottom:.0001pt;'>Financial management experience in serving as the Company&#146;s chief
financial officer for more than 11 years;</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Leadership and industry experience in serving on the Board of
Directors for a company in one of the Company&#146;s target industries;</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Experience in financial reporting, taxation, accounting and
financial controls, business combination transactions, and governance as a
Certified Public Accountant; and</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Independent of Company management.</p>
	</li>
</ul>

<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in'>William L. Healey (65), current
director and nominee, has been a private investor and
business consultant since 2006. From 2002 to 2005, he served as President and
Chief Executive Officer of Cal Quality Electronics, an electronics
manufacturing company. Mr. Healey served as a private investor and consultant
from 1999 to 2002. He served as Chairman of the Board of Smartflex Systems, an
electronics manufacturing company, from 1996 to 1999 and as its President and
Chief Executive Officer from 1989 to 1999. Prior to 1989, Mr. Healey served in
a number of senior executive positions with Silicon Systems, including Senior
Vice President of Operations. Mr.&nbsp;Healey also serves as a director of
Microsemi Corporation and Sypris Solutions Inc. &nbsp;Mr. Healey has been a
director of the Company since 2007.</p>

<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in'>Mr. Healey brings the following experience,
qualifications, attributes and skills<i> </i>to the Board:</p>

<ul>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>20 years of senior-management-level experience in the
semiconductor manufacturing industry, including experience in leading certain
domestic and international manufacturing operations;</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>14 years of CEO-level experience in the electronics manufacturing
services industry, including experience taking a manufacturing company public
and participating in several corporate acquisitions;</p></li>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>14 years of board experience with five public companies including
eight years as chairman or lead independent director; and</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Independent of Company management.</p>
	</li>
</ul>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>David Holder (68), current director
and nominee, has been the Managing General Partner for Holder Capital Partners,
a Southern California-focused early-stage,&nbsp;consulting practice since 1984.
&nbsp;From 1997 to 2001, he served as founding venture partner for Mission Ventures,
a venture capital fund.&nbsp; During his tenure at Mission Ventures, $288 million
was raised in two funds. &nbsp;In addition to his Mission Ventures investments, he
has personally invested in nineteen early-stage ventures and has four currently
active portfolio investments. &nbsp;He has formerly served on the board, or attended
the board meetings, of twelve venture-backed companies including Pyxis, TheraTx,
MedicineNet, Covenant Care, Nexiant and AccentCare. &nbsp;He currently attends
Cogent Healthcare board meetings as a representative of Mission Ventures.
&nbsp;He serves on the Senior Advisory Board of MedAssets Corporation (Nasdaq:
MDAS) and also serves as a member of several
non-profit boards. Mr. Holder has been a director of the Company since 2009.</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 7</p>
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<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

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<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Mr. Holder brings the following experience,
qualifications, attributes and skills<i> </i>to the Board:</p>

<ul>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>As the sales executive in the&nbsp;development of a fast growing
public company, responsible for the simultaneous growth/business development of
multiple product lines; </p></li>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>Significant experience regarding capital formation gained from
personal venture investing, and institutional venture capital background;</p>
	</li>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>Executive, sales management experience, gained as original VP of
Sales for Home Healthcare of America (later renamed Caremark); </p></li>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>General management/operations experience with Bergen
Brunswig Corp. (now AmerisourceBergen); </p></li>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>Sales and management experience gained through positions in two
divisions of large public company, Baxter Laboratories and subsequently as
Director of Sales of a division of American Hospital Supply Corp.;</p></li>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>Knowledge and understanding of the latest capitalization,
business development and marketing trends, from his current position as
Managing General Partner for Holder Capital Partners, a Southern-California
focused, early-stage, consulting practice;</p></li>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>As early investor in and current member of the Senior Advisory
Board of a public, fast growth, middle market healthcare SaaS company, with a
large provider client base, of hospital IDNs and physician healthcare delivery
networks; and</p></li>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-other'>Independent of company management.</p></li>
</ul>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Michael J. Berthelot (60), current
director and nominee,<i> </i>has been the Chief Executive Officer of Cito
Capital Corporation, a strategic consulting firm, since 2003, and is the
founder and principal of Corporate Governance Advisors Inc., a consulting firm
that provides corporate governance audits, performance evaluations, and
advisory services to public company boards.&nbsp; From 1992 to 2003, he served
as Chairman and Chief Executive Officer of TransTechnology Corporation, a
publicly traded multinational manufacturing firm, and from 2003 until July
2006, he continued to serve as its non-executive Chairman.&nbsp; Mr. Berthelot
is a Certified Public Accountant and serves as a director of Fresh Del Monte Produce
Inc. and on the boards of several privately held companies in the technology
industry. He teaches corporate governance at the University of California&#146;s
Rady School of Management&#146;s MBA program.&nbsp; Mr. Berthelot has been a director of
the Company since 2009.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Mr. Berthelot brings the following experience,
qualifications, attributes and skills<i> </i>to the Board:</p>

<ul>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-bottom:.0001pt;'>Operating and management experience in manufacturing and
distribution businesses, including experience as chief executive officer of a
publicly traded multinational manufacturing and distribution business for 13
years;</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Core management and leadership skills gained through experience
overseeing and managing multinational operations at the director and chief
executive officer levels, including experience in evaluating strategic
development opportunities and challenges, risk management, senior leadership
development, vendor and customer relationships, competitive and financial
positioning and shareholder relationships;</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Experience in financial reporting, taxation, accounting and
financial controls, business combination transactions, divestiture,
restructuring and international business operations, including training as a
Certified Public Accountant;</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Experience in governance matters through public and private
directorships over 30 years, as a consultant on governance best practices and
as a faculty member at a leading university, and including experience with
matters addressed by compensation, governance and audit committees; and</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Independent of Company management.</p>
	</li>
</ul>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'><a name="_DV_M101"></a>&nbsp;</p>

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<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Mark P. Murphy (51), current
director and nominee, is the Company&#146;s Chief Executive Officer and President.&nbsp; &nbsp;Mr.
Murphy has held these positions since August 2006 and was named Chairman of the
Board in January 2009. From September 1995 to August 2006, Mr. Murphy served in
senior executive roles including Executive Vice President, Chief Financial
Officer, Chief Operating Officer and a director of Kyocera Tycom Corporation, a
manufacturing company that designs and sells precision cutting instruments,
where he managed the firm&#146;s 400 associates worldwide.&nbsp; Prior to Kyocera Tycom,
Mr. Murphy was Chief Operating Officer and a director of Dynamotion Corporation
and was with Arthur Young &amp; Co&#146;s audit and consulting practice.&nbsp; Mr. Murphy
earned a B.A. in Business Administration and an M.B.A. in Finance from California State University at Fullerton.&nbsp; Mr. Murphy has been a director of the Company
since 2002.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Mr. Murphy brings the following experience,
qualifications, attributes and skills<i> </i>to the Board:</p>

<ul>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-bottom:.0001pt;'>Operating and management experience in manufacturing and
distribution businesses, including experience as chief executive officer, chief
operating officer and chief financial officer;</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Core management and leadership skills gained through experience
overseeing and managing multinational operations at the director and chief
executive officer levels, including experience in evaluating strategic
development opportunities and challenges, risk management, senior leadership
development, vendor and customer relationships, competitive and financial
positioning and shareholder relationships; and</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Experience in financial reporting, taxation, accounting and
financial controls, business combination transactions, divestiture,
restructuring and international business operations, including training as a
Certified Public Accountant.</p></li>
</ul>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:avoid; margin-left:0in; margin-right:0in; margin-top:0in'><b>BUSINESS
EXPERIENCE OF KEY MANAGEMENT</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Set forth
below is information concerning other non-director key management personnel of
the Company. <a name="_DV_M109"></a></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>Harold A. Hurwitz (58), was
appointed the Company&#146;s<i> </i>Treasurer, Chief Financial Officer and Secretary
in October 2010. &nbsp;Between March 2010 and September 2010, Mr. Hurwitz served as an independent consultant.&nbsp; From
April 2008 to February 2010, Mr. Hurwitz served as Chief Financial Officer and
Vice President of Interventional Spine, Inc., a medical device company.&nbsp;
Prior to joining Interventional Spine in April 2008, Mr. Hurwitz served as
Principal Consultant with McDermott &amp; Bull from December 2005 to March
2008.&nbsp; Mr. Hurwitz served as an independent consultant from December 2004
to December 2005, with his primary client during that time being Micro
Therapeutics Inc.&nbsp; He was Chief Financial Officer of Micro Therapeutics
Inc. from December 1997 to December 2004.&nbsp; Earlier in his career, Mr.
Hurwitz was a Partner with Coopers &amp; Lybrand L.L.P., where he was a
Business Assurance Partner, Team Leader of its Orange County Medical Device
Practice and an SEC Review Partner. He has a broad financial background that
includes more than 30 years of public accounting and financial management
experience.&nbsp; In addition, he has leadership experience in human resources
and information technology, diversified fund raising and Sarbanes-Oxley compliance.&nbsp;
Mr. Hurwitz holds a B.A. in Economics from the University of California, Los Angeles.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-align:center;
text-indent:.5in; margin-left:0in; margin-right:0in'><b>BOARD OF DIRECTORS MEETINGS AND RELATED MATTERS</b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>During the fiscal year ended June 30, 2010,
the Board of Directors held seven meetings and there were no actions by unanimous
written consent.&nbsp; The Independent Members met immediately after each of the seven
Board meetings.&nbsp; The &#147;Independent Members&#148; consists of all non-employee,
&#147;independent directors&#148; (as defined in Rule 5605(a)(2) of the Nasdaq Listing
Rules) serving on the Board from time to time. No director attended less than
75% of the aggregate of all meetings of the Board of Directors and all meetings
of committees of the Board of Directors upon which he served.</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>

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<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>
<font size="3">The Board of Directors has an Audit Committee that consists of three
Board members, Messrs. Isaac (Chairman), Berthelot, and Healey.&nbsp; The Audit
Committee is comprised entirely of non-employee, &#147;independent directors&#148; (as
defined in Rule 5605(a)(2) of the Nasdaq Listing Rules) and operates under a
written charter adopted by the Board of Directors.&nbsp; The duties of the Audit
Committee include meeting with the independent public accountants of the
Company to review the scope of the annual audit and to review the quarterly and
annual financial statements of the Company before the statements are released
to the Company&#146;s shareholders. The Audit Committee also evaluates the
independent public accountants&#146; performance and appoints or replaces the
independent public accounting firm subject, if applicable, to the consideration
of shareholder ratification for the ensuing fiscal year.</font><font style="font-size: 12.0pt">&nbsp; </font>
<font size="3">A copy of the Audit Committee&#146;s current charter may be found
at the Company&#146;s website at www.pro-dex.com under &#147;Investor Relations,&#148; then
&#147;Governance,&#148; and then &#147;Audit Committee Charter.&#148; &nbsp;The Audit Committee and
Board of Directors have confirmed that the Audit Committee does and will
continue to include at least three independent directors and has confirmed that
Mr. Isaac and Mr. Berthelot meet applicable SEC regulations for designation as
an &#147;Audit Committee Financial Expert&#148; based upon his experience noted herein.&nbsp;
The Audit Committee held five meetings during the fiscal year ended June 30, 2010.&nbsp;&nbsp;
</font>
</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'><a name="_DV_M123"></a>The Board of
Directors has a Compensation Committee that consists of three Board members, Messrs.
Holder (Chairman), Isaac, and Berthelot.&nbsp; The Compensation Committee is
comprised entirely of non-employee, &#147;independent directors&#148; (as defined in Rule
5605(a)(2) of the Nasdaq Listing Rules) and operates under a written charter
adopted by the Board of Directors. A copy of the Compensation Committee&#146;s
current charter may be found at the Company&#146;s website at www.pro-dex.com under &#147;Investor
Relations,&#148; then &#147;Governance,&#148; and then &#147;Compensation Committee Charter.&#148;&nbsp; The
Compensation Committee establishes compensation policies applicable to the
Company&#146;s executive officers.&nbsp; The Compensation Committee held twelve meetings
during the fiscal year ended June 30, 2010.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:.5in'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:justify;text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'><a
name="_DV_M124"></a>The
Board of Directors has a Nominating/Corporate Governance Committee (&#147;Nominating
Committee&#148;) that consists of three Board members, Messrs. Berthelot (Chairman),
Holder, and Healey.&nbsp; The
Nominating Committee is comprised entirely of non-employee, &#147;independent
directors&#148; (as defined in Rule 5605(a)(2) of the Nasdaq Listing Rules) and
operates under a written charter adopted by the Board of Directors, a copy of
which may be found at the Company&#146;s website at www.pro-dex.com under &#147;Investor
Relations,&#148; then &#147;Governance,&#148; and then &#147;Charter of the Nominating/Corporate
Governance Committee.&#148; In such capacity, the Nominating Committee identifies
and reviews the qualifications of candidate nominees to the Board of
Directors.&nbsp; &nbsp;&nbsp;&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Arial Unicode MS";margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>The Nominating Committee will
consider candidate nominees for election as a director who are recommended by
shareholders.&nbsp; Recommendations should be sent to the Secretary of the Company
and should include the candidate&#146;s name and qualifications and a statement from
the candidate that he or she consents to being named in the proxy statement and
will serve as a director if elected. In order for any such candidate to be
considered for nomination and, if nominated, to be included in the proxy
statement, such recommendation must be received by the Secretary not less than
120&nbsp;days prior to the anniversary date of the Company&#146;s proxy statement released
to shareholders in connection with the previous year&#146;s annual meeting of shareholders.&nbsp;
</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman";margin-bottom:.0001pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 10</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

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style='page-break-before:always'>


</font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:justify;text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>The Nominating Committee
works with the Board to determine the appropriate characteristics, skills, and
experiences for the Board as a whole and its individual members with the
objective of having a Board with diverse experience. The Nominating Committee believes that it is
desirable that directors possess an understanding of the Company&#146;s business
environment and have the requisite knowledge, skills, expertise and diversity of
experience such that the Board&#146;s ability to manage and direct the affairs and
business of the Company is enhanced.&nbsp; Additional considerations may include an
individual&#146;s capacity to enhance the ability of committees of the Board to
fulfill their duties and/or satisfy any independence requirements imposed by
law, regulation or listing requirements.&nbsp; The Nominating Committee may receive candidate
nomination suggestions from current Board members, Company executive officers
or other sources, which may be either unsolicited or in response to requests
from the Board for such candidates.&nbsp; The Nominating Committee may also, from time to
time, engage firms that specialize in identifying director candidates.&nbsp; Once a
person has been identified by the Nominating Committee as a potential
candidate, the Committee may collect and review publicly available information
regarding the person to assess whether the person should be considered further.
If the Nominating
Committee
determines that the candidate warrants further consideration, a member of the Nominating Committee may contact
the person. Generally, if the person expresses a willingness to be considered
and to serve on the Board, the Nominating Committee may request information from the candidate,
review the person&#146;s accomplishments and qualifications and may conduct one or
more interviews with the candidate.&nbsp; The Nominating Committee may consider all such
information in light of information regarding any other candidates that it
might be evaluating for nomination to the Board of Directors.&nbsp; The Nominating Committee or other Board
members may also contact one or more references provided by the candidate or
may contact other members of the business community or other persons that may
have greater first-hand knowledge of the candidate&#146;s accomplishments.&nbsp; With the
candidate&#146;s consent, the Nominating
Committee
may also engage an outside firm to conduct background checks on the candidate
as part of the evaluation process.&nbsp; The Nominating Committee&#146;s evaluation process
does not vary based on the source of the recommendation.&nbsp; The Nominating
Committee held 2 meetings during the fiscal year ended June 30, 2010.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";text-align:justify'>In
compiling the Board slate appearing in this proxy statement, nominee referrals
as well as nominee recommendations were received from existing directors and
members of management &#150; both solicited and unsolicited. No paid consultants
were engaged by the Company, the Board or any of the Board&#146;s committees for the
purposes of identifying qualified, interested Board candidates. </p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>FAMILY
RELATIONSHIPS</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";margin-top:10.0pt'><a name="_DV_C97">There
are no family relationships among the Company&#146;s executive officers and
directors.</a></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;background:white; margin-left:0in; margin-right:0in; margin-top:0in'><a
name="_DV_M131"></a><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;text-autospace:ideograph-numeric ideograph-other; margin-left:0in; margin-right:0in; margin-top:0in'><b>BOARD
LEADERSHIP STRUCTURE</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:left;text-autospace:ideograph-numeric ideograph-other'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:ideograph-numeric ideograph-other; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mr.
Murphy serves as Chairman of the Board and Chief Executive Officer. Mr. Healey serves
as the Company&#146;s Lead Director. As Chairman of the Board, Mr. Murphy presides
at all Board and shareholder meetings and serves as the primary spokesperson
for the Company. As Chief Executive Officer and pursuant to the Company&#146;s
Bylaws, Mr. Murphy supervises the business of the Company, subject to the
direction of the Board.&nbsp; As Lead Director, Mr. Healey presides at all executive
sessions of the Board and acts as the liaison between independent directors and
the Chairman of the Board.&nbsp; In addition, Mr. Healey serves as the contact
person to facilitate communications by the Company employees and shareholders
directly with the independent members of the Board. The full Board annually
assesses Mr. Murphy&#146;s performance as Chairman of the Board and as Chief
Executive Officer. The Corporate Governance Committee recommends a Lead
Director to the full Board for approval on an annual basis.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:left;text-autospace:ideograph-numeric ideograph-other'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:ideograph-numeric ideograph-other; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Board has modified this structure to provide for a non-executive Chairman of
the Board effective after the Annual Meeting.&nbsp; The Board believes that this new
structure will enhance corporate governance and promote greater oversight of
management.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:left;text-autospace:ideograph-numeric ideograph-other'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;text-autospace:ideograph-numeric ideograph-other; margin-left:0in; margin-right:0in; margin-top:0in'><b>BOARD&#146;S
ROLE IN RISK OVERSIGHT</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:left;text-autospace:ideograph-numeric ideograph-other'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:ideograph-numeric ideograph-other; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
Board has an active role, as a whole and also at the committee level, in
overseeing management of the Company&#146;s risks. The Board regularly reviews
information regarding the Company&#146;s credit, liquidity and operations, as well
as the risks associated with each. The Company&#146;s Compensation Committee is
responsible for overseeing the management of risks relating to the Company&#146;s
executive compensation plans and arrangements. The Audit Committee oversees
management of financial risks. The Nominating and Corporate Governance
Committee manages risks associated with the independence of the Board of Directors
and potential conflicts of interest. While each committee is responsible for
evaluating certain risks and overseeing the management of such risks, the
entire Board of Directors is regularly informed through committee reports about
such risks.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 11</p>
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</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

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<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>COMPENSATION COMMITTEE REPORT</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.0pt;background:white'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in;background:white; margin-left:0in; margin-right:0in; margin-top:0in'>The Compensation Committee is comprised of
three independent directors: Messrs.&nbsp;Holder (Chairman), Berthelot, and
Isaac. </p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:13.25pt;text-indent:.5in;background:white; margin-left:0in; margin-right:0in'>Prior to 2009, the Company&#146;s entire Board
performed the role of the Compensation Committee. Since 2009, the Compensation
Committee has undertaken the duties traditionally assigned to such body
including, among other things, to review with management the disclosure of
compensatory information contained within the Company&#146;s proxy statement. &nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:12.0pt;background:white'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>Compensation Committee Processes and Procedures</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.0pt;background:white'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in;background:white; margin-left:0in; margin-right:0in; margin-top:0in'>Typically, the Compensation Committee
meets at least once each quarter and with greater frequency if necessary. The
Compensation Committee met twelve times during the fiscal year ended June 30,
2010. The agenda for each meeting is usually developed by the Chairman of the
Compensation Committee and the Company&#146;s outside counsel with input from the
Committee members as well. The Compensation Committee meets regularly in
executive session. From time to time, various members of management and other
employees, as well as outside advisors or consultants, may be invited by the
Compensation Committee to make presentations, provide financial or other
background information or advice, or otherwise participate in Compensation
Committee meetings. Our President and CEO may not participate in, or be present
during, any deliberations or determinations of the Compensation Committee
regarding his compensation. The charter of the Compensation Committee grants
the Compensation Committee full access to all books, records, facilities and
personnel of the Company, as well as authority to obtain, at the expense of the
Company, advice and assistance from internal and external legal, accounting or
other advisors and consultants and other external resources that the
Compensation Committee considers necessary or appropriate in the performance of
its duties. In particular, the Compensation Committee has the sole authority to
retain compensation consultants to assist in its evaluation of executive and director
compensation, including the authority to approve the consultant&#146;s reasonable
fees and other retention terms.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.0pt;background:white'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in;background:white; margin-left:0in; margin-right:0in; margin-top:0in'>The Compensation Committee has engaged
Remedy Consulting Inc. (&#147;Remedy&#148;) as its independent compensation consultant
since 2010. Over the course of its engagement, Remedy has assisted the
Compensation Committee in:</p>

<ul>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in; margin-left:-0.25in'>evaluating the efficacy of the
Company's existing compensation strategy and practices in supporting and
reinforcing the Company&#146;s long-term strategic goals;&nbsp;</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in; margin-left:-0.25in'>refining the Company&#146;s compensation
strategy and developing and implementing an executive compensation program to
execute that strategy; and</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in; margin-left:-0.25in'>reviewing and suggesting modifications
to the Company&#146;s director compensation program.</p></li>
</ul>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in;background:white; margin-left:0in; margin-right:0in; margin-top:0in'>As part of its engagement, the
Compensation Committee has directed Remedy to develop and update, as
appropriate, a comparative group of companies and to perform analyses of
competitive performance and compensation levels for that group. Remedy has also
conducted individual interviews with members of senior management and the
Compensation Committee to learn more about the Company&#146;s business operations,
strategy, key performance metrics and strategic goals, as well as the labor
markets in which the Company competes. Remedy ultimately develops
recommendations and metrics that are presented to the Compensation Committee
for its consideration. The Company does not have any relationship or
arrangement with Remedy other than the Compensation Committee&#146;s contractual engagement
of Remedy as its compensation consultant and Remedy provides no services to the
Company other than those provided to the Compensation Committee.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.0pt;background:white'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 12</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

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</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

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<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in;background:white; margin-left:0in; margin-right:0in; margin-top:0in'>The Compensation Committee has made its most
significant adjustments to annual compensation, determined bonus awards for
executive officers, and established new financial and other corporate
performance objectives for executive compensation purposes, at one or more
meetings held during the first quarter of the fiscal year for which the targets
and compensation levels are applicable. &nbsp;The Compensation Committee has adopted
a policy that it will generally make determinations regarding the grant of
annual equity incentive awards to Company employees at the first meeting held
following the filing of the Form 10-K Annual Report for the fiscal year just ended
&#150; generally the first quarter of the fiscal year.&nbsp; At various meetings
throughout the year, the Compensation Committee also considers matters related
to individual compensation, such as compensation for new executive hires, as
well as high-level strategic issues, such as the efficacy of, and any risks
relating to, the Company&#146;s compensation strategies, policies and practices,
potential modifications to those strategies, policies and practices, and new
trends, plans or approaches to compensation. </p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:13.25pt;text-indent:.5in;background:white; margin-left:0in; margin-right:0in'>Generally, the Compensation Committee&#146;s
process consists of two related elements: (i) the determination of compensation
levels and (ii) the establishment of financial and other corporate performance
objectives for the current fiscal year. For executive officers other than our
CEO, the Compensation Committee solicits and considers evaluations and
recommendations submitted to the Compensation Committee by our CEO. &nbsp;In the
case of our CEO, the evaluation of his performance is conducted by the
Compensation Committee, which determines any adjustments to his compensation as
well as equity awards to be granted. For all executive officers and directors,
as part of its deliberations, the Compensation Committee may review and
consider, as appropriate, materials such as financial reports and projections,
operational data, tax and accounting information, tally sheets that set forth
the total compensation that may become payable to executive officers in various
hypothetical scenarios, Company stock performance data, analyses of historical
executive compensation levels and current Company-wide compensation levels, and
the recommendations of its independent compensation consultants, including
analyses of executive and director compensation paid at other companies
identified by its independent compensation consultants. Periodically, the
Compensation Committee reviews all of the incentive compensation plans within
the Company in order to evaluate the level of risk that such plans may
encourage and to ensure that each plan is properly monitored and evaluated.&nbsp;
The specific determinations of the Compensation Committee with respect to
executive compensation for the fiscal year ended June 30, 2010 are described herein.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:12.0pt;background:white'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>Compensation Committee Philosophy</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'>The Company&#146;s compensation philosophy is predicated upon the
following concepts:</p>

<ul>
	<li>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:0in;margin-left:0.5in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt'>The Company pays competitively. The Company is committed to
providing a pay program that helps attract and retain highly qualified people
in the industry.&nbsp; To ensure that pay is competitive, the Company compares its
pay practices with those of other leading companies of similar size and location(s) and sets its pay parameters based on this review.</p>
	</li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:0.5in;margin-bottom:.0001pt;'>The Company pays for sustained performance. Executive officers
are rewarded based upon corporate performance and individual performance.
Corporate performance is evaluated by the Board of Directors by reviewing the
extent to which strategic and business plan goals are met, including such
factors as revenues, operating profit and cash flow. </p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:0.5in;margin-bottom:.0001pt;'>The Company strives for fairness in the administration of pay and
to achieve a balance of the compensation paid to a particular individual as
compared to the compensation paid to other executives both inside the Company
and at comparable companies.</p></li>
	<li>
	<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:0.5in;margin-bottom:.0001pt;'>The Company believes that employees should understand the
performance evaluation and pay administration process. </p></li>
</ul>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";background:white'>&nbsp;</p>

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</font>

<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in;background:white; margin-left:0in; margin-right:0in; '>The Compensation Committee believes that
it is important that the Company&#146;s executives be compensated in a manner that
closely links compensation with performance and yet does not incent excessive
risk-taking.&nbsp; To that end, the Compensation Committee has developed a
comprehensive and balanced compensation plan that includes a base salary; an
annual cash incentive based upon pre-established operating performance targets;
a long-term incentive plan based upon a combination of total shareholder return
and long-term strategic objectives; equity awards; and, a package of benefits
similar in scope and nature to those offered to all other employees of the
Company.&nbsp; In comparing its compensation plans to a pre-selected peer group, the
Compensation Committee has established a target compensation range at the 25<sup>th</sup>
percentile of that peer group.&nbsp;&nbsp; While the Compensation Committee believes that
the 25<sup>th</sup> percentile is likely a lower target than most other
companies in the peer group use, the Compensation Committee, upon the advice of
its independent compensation consultant, determined that the Company&#146;s small
size relative to the peer group warranted the lower target. </p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>Discussion of CEO bonus for the
fiscal year ended June 30, 2010:</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>The Compensation Committee
addressed the issue of the CEO&#146;s bonus for the fiscal year ended June 30,
2010.&nbsp; Under the terms of the CEO&#146;s 2006 employment agreement, the CEO&#146;s bonus
is based on the percentage increase in year over year improvement in earnings,
without considering non-recurring charges.&nbsp; Reported fiscal 2010 pre-tax income
from operations before non-cash impairment and real estate valuation
adjustments, rose to $1.2 million from a loss of $0.5 million in fiscal 2009.&nbsp;
Mathematically, however, because the denominator of the formula was a negative
number, the applicable bonus percentage would also be negative.&nbsp; It was the
opinion of the Compensation Committee that this result was not what was
intended and that equity required the Compensation Committee to reconsider the
calculation.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>The Compensation Committee
considered the overall performance improvement of the Company over the prior
year and noted that actual operating income is almost double the plan amount;
that cash flow is double the plan amount; and that operating income growth over
an assumed base of $250,000 was over 400%. The Compensation Committee also
recognized that the CEO had not received a salary increase in 2008-2010 as a
result of his voluntary waiver of increases due him under his contract.&nbsp; The Compensation
Committee then considered that, if the incentive plan it had adopted effective
for fiscal year 2011 had been in effect for 2010 (which it had not) and had
these three criteria had been the drivers for the incentive plan, the aggregate
award would have been the maximum of 200% of target, which would have generated
an award of approximately $300,000 using the target of 50% of salary and the
maximum payout of 200%.&nbsp; As a result, following discussion amongst the members
of the Compensation Committee and considering input the Compensation Committee
had received from the lone independent director who is not a member of the Compensation
Committee - as well as from the Compensation Committee&#146;s independent compensation
consultants, the Compensation Committee determined that a bonus for the fiscal
year ended June 30, 2010, in the amount of $300,000, would be considered earned
by the CEO.&nbsp; </p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>The CEO, however, recommended to
the Compensation Committee that a portion of the bonus which the Compensation Committee
awarded him should instead be allocated to other members of the senior
management team who did not have the opportunity to participate in a senior
management incentive program.&nbsp; It was the CEO&#146;s opinion that the Company would
not have achieved the results that it had absent the contributions of other
members of the senior management team and that these other individuals should
be appropriately rewarded.&nbsp; Accordingly, upon the request and recommendation of
the CEO, the Compensation Committee reduced the bonus awarded to the CEO to
$225,000 and approved bonuses to three other individuals aggregating $75,000.&nbsp;
In addition, these senior management personnel will participate in the same
annual incentive plan for senior management in which the CEO participates,
commencing in fiscal 2011.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 14</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>The Compensation Committee noted
while there had been goodwill impairment and real estate valuation adjustment
charges recognized in the fourth quarter and that such charges were
specifically excluded in determining the CEO&#146;s achievement of bonus criteria
under the terms of his 2006 employment agreement, it was also the sense of the Compensation
Committee that any such impairment charges should not be included in determining
the CEO&#146;s bonus for fiscal year 2010 as the CEO was not the CEO at the time the
acquisitions which were the subject of the impairment charges were made, and
that the CEO&#146;s incentive payments should not be penalized for actions he is
recommending that are in the best interest of the Company.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";background:white; margin-left:0in; margin-right:0in; margin-top:0in'><b>Compensation Committee Interlocks and Insider Participation</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.0pt;background:white'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in;background:white; margin-left:0in; margin-right:0in; margin-top:0in'>No interlocking relationship exists
between any member of the Compensation Committee and any member of any other
company's board of directors or compensation committee. No member of the
Compensation Committee is, or was during the fiscal year ended June 30, 2010,
an officer or employee of the Company or any of its subsidiaries or was, within
the five previous fiscal years, formerly an officer of the Company or any of
its subsidiaries.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>COMPENSATION OF EXECUTIVE OFFICERS AND MANAGEMENT</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>The following table sets forth certain
compensation information for the fiscal years ended June 30, 2010, 2009 and 2008,
for our principal executive officer, our principal financial officer and one
other executive officer, who was the only other executive officer whose total
compensation exceeded $100,000 during fiscal year ended June 30, 2010 (collectively,
the &#147;Named Executive Officers&#148;).</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>Summary Compensation Table</p>

<table class=MsoNormalTable border=0 cellpadding=0 width=690
 style='width:100%;border-collapse:collapse'>
 <tr style='page-break-inside:avoid;height:.05pt'>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:31.1pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Name&nbsp;and</font></b></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Salary</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Bonus</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Stock&nbsp;Awards</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Option</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Awards</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Incentive Plan</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Compensatio</font><font size="2">n</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">All&nbsp;Other</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Compensation</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Total</font></b></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:medium none windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<u><b><font size="2">Principal&nbsp;Position</font></b></u></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:medium none windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<u><b>
	<font size="2">Year</font></b></u></p>
  </td>
  <td colspan=2 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:medium none windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($)</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($)</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($)(1)</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($)(2)</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($)(3)</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($)(4)</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($)</font></b></p>
  </td>
 </tr>
 <tr style='height:11.05pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Mark&nbsp;P.&nbsp;Murphy</font><sup><font size="1">&nbsp;(5)(8)</font></sup></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2010</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">287,280&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">225,000&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">78,300&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">12,825&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">603,405&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Director,&nbsp;&nbsp;President</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2009</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">317,310&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">117,300&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">10,709&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">445,319&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">and&nbsp;CEO</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2008</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">289,823&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">117,300&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">10,482&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">417,605&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:11.7pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Jeffrey&nbsp;J.&nbsp;Ritchey&nbsp;</font><sup><font size="1">(6)</font></sup></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2010</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">166,827&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,143&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">22,755&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">12,599&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">204,324&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Treasurer,&nbsp;CFO</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2009</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">180,761&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1,542&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">10,964&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,349&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">204,616&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">and&nbsp;Secretary</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2008</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">158,701&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">5,496&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">12,256&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">9,913&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">186,366&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Patrick&nbsp;Johnson&nbsp;</font><sup><font size="1">(7)</font></sup></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2010</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">137,308&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">3,706&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">81,914&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">222,928&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.05pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Executive&nbsp;Vice&nbsp;President</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2009</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">225,588&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">13,934&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,860&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">251,382&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Chief&nbsp;Business&nbsp;Dev.&nbsp;Officer
  2008</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">197,885&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">13,461&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,088&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">222,434&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-style:none; border-width:medium; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
</table>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:0in'>&nbsp;</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-indent:0in'>__________________________</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:.5in;text-indent:-35.3pt; margin-right:0in; margin-top:0in'>&nbsp;</p>

<table border="0" style="border-collapse: collapse" width="100%" id="table4">
	<tr>
		<td width="5%" valign="top">
		<p align="justify"><font size="2">(1)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>
<font size="2">This column represents the dollar
amount recognized for financial statement reporting purposes with respect to
the years ended June 30, 2008, 2009 and 2010, for the fair value of stock
awards granted to each of our Named Executive Officers calculated in accordance
with FASB ASC Topic 718.&nbsp; Pursuant to applicable SEC regulations, the amounts
shown exclude the impact of estimated forfeitures related to service-based
vesting conditions.&nbsp; For additional information on the valuation assumptions
with respect to the restricted stock awards, refer to Note 6 of our financial
statements in our Annual Reports on Forms
10-KSB and 10-K for the years ended June
30, 2008, 2009 and 2010, as filed with
the SEC.&nbsp; These amounts reflect only our
accounting expense for these stock awards and do not correspond to the actual
value that will be recognized by our Named Executive Officers.&nbsp; </font></p>

		</td>
	</tr>
</table>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:.5in;text-indent:-35.3pt; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 15</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>


<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<table border="0" style="border-collapse: collapse" width="100%" id="table5">
	<tr>
		<td valign="top" width="5%">
		<p align="justify"><font size="2">(2)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>
<font size="2">This column represents the dollar
amount recognized for financial statement reporting purposes with respect to
the years ended June 30, 2008, 2009 and 2010, for the fair value of stock
options granted to each of our Named Executive Officers calculated in
accordance with FASB ASC Topic 718.&nbsp; Pursuant to applicable SEC regulations,
the amounts shown exclude the impact of estimated forfeitures related to
service-based vesting conditions.&nbsp; For additional information on the valuation
assumptions with respect to these option grants, refer to Notes 2 and 6 of our
financial statements in our Annual Reports
on Forms 10-KSB and 10-K for the years ended
June 30, 2008, 2009 and 2010, as filed
with the SEC. &nbsp;These amounts reflect only
our accounting expense for these option grants and do not correspond to the
actual value that will be recognized by our Named Executive Officers.&nbsp; See the
Outstanding Equity Awards at June 30, 2008, 2009 and 2010 table, below, for
more information on options held by the Named Executive Officers.&nbsp; Stock
options awarded have a term of ten years; vest in equal annual installments
over a period of up to five years, and have an exercise price equal to the
Company&#146;s closing price for its Common Stock on the Nasdaq Capital Market on
the date of grant.</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>
<font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify"><font size="2">(3)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>
<font size="2">Non-equity incentive plan
compensation payments were made in 2010 in cash in the second and third quarters
due to the achievement of the Company&#146;s quarterly internal operating targets
for the second and third quarters of 2010. Operating targets were met for
fourth quarter and annual 2010, accordingly; the non-equity incentive plan payment
was earned in 2010 and recognized for financial statement reporting purposes,
but not paid until fiscal year 2011.&nbsp; In 2009, non-equity incentive plan
compensation payments were made in cash in the first, second, and third quarters
of 2009, due to the achievement of the Company&#146;s quarterly internal operating
targets for fourth quarter 2008 and first and second quarter 2009. Operating
targets were not met for third quarter 2009 and, accordingly, no corresponding non-equity
incentive plan payments were made in fourth quarter 2009. In 2008, non-equity
incentive plan compensation payments were made in cash in the second, third and
fourth quarters due to the achievement of the Company&#146;s quarterly internal
operating targets for first, second and third quarter 2008. </font></p>

		</td>
	</tr>
</table>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:.25in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:.5in;text-indent:-.5in; margin-right:0in; margin-top:0in'>
<font size="2">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All Other Compensation consists
of:</font></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellpadding=0 width=585
 style='width:100%;border-collapse:collapse'>
 <tr style='page-break-inside:avoid;height:.05pt'>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-right:.5pt;text-align:center'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:35.0pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Name</font></b></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Year</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Health&nbsp;insurance</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">and&nbsp;related</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">payments</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Matching&nbsp;contributions</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">to&nbsp;the&nbsp;Company's&nbsp;401(k)</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">plan</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Separation</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">agreement</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">payments</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Total&nbsp;($)</font></b></p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Mark&nbsp;P.&nbsp;Murphy</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2010</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,168</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1,657&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">12,825</font></p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2009</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">9,334</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1,375&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">10,709</font></p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2008</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">9,101</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1,381&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">10,482</font></p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:11.7pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Jeffrey&nbsp;J.&nbsp;Ritchey</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2010</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">10,43</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,168&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">12,599</font></p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2009</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">8,953</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,396&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,349</font></p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2008</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">7,777</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,136&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">9,913</font></p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Patrick&nbsp;Johnson</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2010</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">7,460</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1,762&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">72,692&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">81,914</font></p>
  </td>
 </tr>
 <tr style='height:11.65pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2009</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">9,108</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,752&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,860</font></p>
  </td>
 </tr>
 <tr style='height:11.7pt'>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2008</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">8,447</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,641&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  ' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">11,088</font></p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-right:.5pt;text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:.5pt;text-align:center; margin-left:0in; margin-top:0in'><a
name="_DV_M137"></a>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:.5pt;text-align:center; margin-left:0in; margin-top:0in'>&nbsp;</p>

<table border="0" style="border-collapse: collapse" width="100%" id="table6">
	<tr>
		<td valign="top" width="5%">
		<p align="justify"><font size="2">(5)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0in;margin-bottom:0in;
margin-bottom:.0001pt;'><font size="2">Mr. Murphy was elected a Director of the
Company in August 2002, and commenced employment with the Company as President and Chief Executive Officer in August 2006.</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-bottom:0in;
margin-bottom:.0001pt;'><font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify"><font size="2">(6)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:0in;margin-bottom:0in;
margin-bottom:.0001pt;'><font size="2">Mr. Ritchey commenced employment with
the Company in August 2001, was named Treasurer and Chief Financial Officer in July 2002, and
Secretary in October 2003.&nbsp; Mr. Ritchey
was appointed interim President and Chief Executive Officer in April 2006 after
the resignation of Mr. Johnson and held those officer positions until the
appointment of the Company&#146;s current President and Chief Executive Officer, Mr.
Murphy, in August 2006.&nbsp; Mr.
Ritchey&#146;s employment with the Company concluded on October 5, 2010.</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-bottom:0in;
margin-bottom:.0001pt;'><font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify"><font size="2">(7)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-bottom:0in;
margin-bottom:.0001pt;'><font size="2">Mr. Johnson commenced employment with
the Company in April&nbsp;2000, and was named President and Chief Executive
Officer in September 2002. Mr. Johnson resigned as President and Chief
Executive Officer in April 2006, at which time he was appointed as Executive
Vice President and Chief Business Development Officer.&nbsp; Mr Johnson&#146;s employment
with the Company concluded on February 5, 2010.</font></p></td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify">&nbsp;</td>
		<td width="95%" valign="top">
		<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-bottom:0in;
margin-bottom:.0001pt;'>&nbsp;</p></td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify"><font size="2">(8)</font></td>
		<td width="95%" valign="top">
		<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-bottom:0in;
margin-bottom:.0001pt;'><font size="2">Under
the terms of his employment agreement, on February 21, 2007, Mr. Murphy
received a grant of 340,000 restricted shares of the Company&#146;s Common Stock in
replacement of his stock appreciation rights previously awarded upon execution
of such agreement.&nbsp; The restricted shares vested at the rate of 85,000 shares
per year commencing on the grant date, which vesting is subject to acceleration
upon certain liquidity events as described under &#147;Employment Agreement with
Mark P. Murphy.&#148; &nbsp;&nbsp;The 2010 bonus was earned in 2010 and recognized for
financial statement reporting purposes, but not paid until fiscal year 2011.</font></p>

		</td>
	</tr>
</table>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:.5pt;margin-bottom:0in;
margin-left:.5in;margin-bottom:.0001pt;text-indent:-.5in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>Page 16</p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:.5pt; margin-left:0in; margin-top:0in'><b>Employment Agreements and
Executive Compensation</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:.5pt;margin-bottom:0in;
margin-left:71.5pt;margin-bottom:.0001pt;text-indent:-44.0pt'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman";text-align:justify;text-indent:.5in'><b>Employment Agreement with Mark P. Murphy</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:11.25pt;text-indent:.5in; margin-left:0in; margin-right:0in'>On July 14,
2010, the Company and Mark P. Murphy, the Chief Executive Officer of the
Company, entered into an at-will employment arrangement (&#147;Murphy Employment
Arrangement&#148;).&nbsp;Under the terms of the Murphy Employment Arrangement, Mr.
Murphy will report to the Board and his compensation will consist of the
following components:</p>

<ul>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in;'>A base salary at an annualized rate of $300,000, subject to increases
from time to time at the discretion of the Board.&nbsp; The base salary will be
payable in accordance with the Company&#146;s normal payroll practices, and subject
to all legally-required deductions.</p></li>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in;'>Participation in all Company incentive compensation plans open to
senior executives of the Company, subject to the terms and provisions of the
applicable plan documents of the Company covering any such plans.</p></li>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in;'>Mr. Murphy is permitted to participate in any program of stock
options or other equity grants which the Company may from time to time provide
key employees. Such grants are made under the terms and provisions of the First
Amended and Restated 2004 Stock Option Plan in varying amounts to individual
participants based upon their perceived impact upon the long term success of
the Company and are made at the sole and absolute discretion of the Board,
generally at the first Board meeting following the filing of the Company&#146;s Form
10-K for the previous fiscal year.&nbsp;&nbsp; Subject to the foregoing, the
initial grant under this program was 50,000 options to purchase the Company&#146;s
common shares at the average of the open and closing prices for the Company&#146;s
shares on the grant date and which will vest in 36 equal monthly installments
over the 36 month period following the grant date.&nbsp;&nbsp; The options will
have a term of ten years from the grant date and to the maximum extent
permissible under the relevant Internal Revenue Service regulations, will be
made as Incentive Stock Options.</p></li>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in;'>Health, dental, disability and life insurance, qualified
retirement plans, and optional employee benefits of the Company on the same
terms as other employees of the Company, except Mr. Murphy will not participate
in the Company-wide employee quarterly bonus/non-qualified profit sharing plan.
	</p></li>
</ul>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:11.25pt; margin-left:0in; margin-right:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If Mr. Murphy&#146;s
employment with the Company terminates for any reason, the Company shall pay
his (i) salary up through the date of termination, plus; (ii) any Annual
Incentive Plan or Long Term Incentive Plan awards earned but not yet paid as of
the termination date.&nbsp; In addition, in the event Mr. Murphy is terminated
involuntarily by the Company without &#147;Cause&#148; or following a &#147;Change in
Control,&#148; or in the event that he resigns for &#147;Good Reason,&#148; each as defined in
the Murphy Employment Arrangement, the Company shall pay Mr. Murphy severance
compensation equal to one (1.0) times his then-current annual base salary.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-indent:.25in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.25in; margin-left:0in; margin-right:0in; margin-top:0in'>
<b>Employment Agreement with Harold A. Hurwitz</b></p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.25in; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>On
October 6, 2010, pursuant to authorization by the Board and recommendation of
the Company&#146;s Compensation Committee, Harold A. Hurwitz began service as the
Company&#146;s Chief Financial Officer.&nbsp;In connection with his appointment, the
Company and Mr. Hurwitz entered into an at-will employment arrangement (&#147;Hurwitz
Employment Arrangement&#148;).&nbsp; Under the terms of the Hurwitz Employment
Arrangement, Mr. Hurwitz will report to the Chief Executive Officer of the
Company and his compensation will consist of the following components:</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 17</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<ul>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:justify;
text-autospace:ideograph-numeric ideograph-other; margin-right:0in'>A base salary at an annualized rate of
$185,000.&nbsp;</p></li>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:justify;
text-autospace:ideograph-numeric ideograph-other; margin-right:0in'>Participation in the Company&#146;s Annual
Incentive Plan and Long Term Incentive Plan, </p></li>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-numeric ideograph-other; margin-right:0in'>Mr. Hurwitz is permitted to participate
in any program of stock options or other equity grants which the Company may
from time to time provide key employees. Such grants are made under the terms
and provisions of the First Amended and Restated 2004 Stock Option
Plan.&nbsp;&nbsp; </p></li>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-numeric ideograph-other; margin-right:0in'>Subject to the foregoing, the initial
grant under this program was20,000 options to purchase the Company&#146;s common
shares at the average of the Company&#146;s opening and closing prices for its
shares on the grant date and which will vest in 36 equal monthly installments over
the 36 month period following the grant date.&nbsp;&nbsp; The options will have
a term of ten years from the grant date and to the maximum extent permissible
under the relevant Internal Revenue Service regulations, will be made as
Incentive Stock Options.</p></li>
	<li>
	<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-autospace:
ideograph-numeric ideograph-other; margin-right:0in'>Health, dental, disability and life
insurance, qualified retirement plans, and optional employee benefits of the
Company on the same terms as other employees of the Company, except Mr. Hurwitz
will not participate in the Company-wide employee bonus plan.</p></li>
</ul>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"'><b>Outstanding Equity Awards at Fiscal Year End</b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>The following table sets forth information about outstanding
equity awards held by our Named Executive Officers as of June 30, 2010.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>Outstanding Equity Awards at June 30, 2010</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";page-break-after:avoid'>&nbsp;</p>

<div align=center>

<table class=MsoNormalTable border=0 cellpadding=0 width=353
 style='width:75%;border-collapse:collapse'>
 <tr style='page-break-inside:avoid;height:19.35pt'>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <div style='border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid;border:medium none;padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font></p>
  </div>
  </td>
  <td colspan=4 valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <div style='border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;
  margin-left:0in;margin-right:-.9pt'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid;border:medium none;padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font></p>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid;border:medium none;padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp; Option Awards</font></p>
  </div>
  </td>
 </tr>
 <tr style='page-break-inside:avoid;height:43.0pt'>
  <td rowspan=2 valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; margin-top:0in'><font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; margin-top:0in'><font size="2">Number<br>
  of<br>
  Securities</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; margin-top:0in'><font size="2">Number<br>
  of<br>
  Securities</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; margin-top:0in'><font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; margin-top:0in'><font size="2">&nbsp;</font></p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid;height:5.85pt'>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <div style='border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid;border:medium none;padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Underlying<br>
  Unexercised<br>
  Options<br>
  (#)<br>
  Exercisable </font> <sup><font size="2">(1)</font></sup></p>
  </div>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <div style='border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid;border:medium none;padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Underlying<br>
  Unexercised<br>
  Options<br>
  (#)<br>
  Unexercisable</font><sup><font size="2">(1)</font></sup></p>
  </div>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <div style='border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid;border:medium none;padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Option <br>
  Exercise<br>
  Price<br>
  ($)</font></p>
  </div>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <div style='border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid;border:medium none;padding:0in; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Option<br>
  Expiration<br>
  Date</font></p>
  </div>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:6.0pt;page-break-after:avoid; margin-left:0in; margin-right:0in'>
	<font size="2">Mark P. Murphy</font></p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-top:6.0pt;page-break-after:avoid; margin-left:0in; margin-right:0in'>
	<font size="2">5,000</font></p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-top:6.0pt;page-break-after:avoid; margin-left:0in; margin-right:0in'>
	<font size="2">--</font></p>
  </td>
  <td style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; margin-top:0in'><font size="2">$8.01</font></p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:0in; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:6.0pt;text-align:center;
  page-break-after:avoid; margin-left:0in; margin-right:0in'><font size="2">9/29/2014</font></p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">5,000</font></p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">--</font></p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; margin-top:0in'><font size="2">$9.72</font></p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; margin-top:0in'><font size="2">9/28/2015</font></p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";page-break-after:avoid'>&nbsp;</p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid'>&nbsp;</p>
  </td>
  <td valign=top style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">Jeffrey J. Ritchey</font><sup><font size="2">(2)</font></sup></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">6,667</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">--</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">$3.36</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">7/31/11</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">6,667</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">--</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">$2.43</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">12/31/11</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">20,000</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">--</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">$1.26</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">9/26/12</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">6,666</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">--</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">$8.70</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">5/17/15</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">1,500</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">500</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">$4.35</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">11/30/16</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">1,000</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">1,000</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">$4.47</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">12/03/17</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">500</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">1,500</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">$1.47</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">12/03/18</font></p>
  </td>
 </tr>
 <tr>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in' align="center">
  <p style='text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">--</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:center;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid; margin-left:0in; margin-right:0in; '>
	<font size="2">2,000</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">$1.86</font></p>
  </td>
  <td valign=bottom style='padding-left:.05in; padding-right:.05in; padding-top:2.9pt; padding-bottom:0in'>
  <p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;page-break-after:
  avoid; margin-left:0in; margin-right:0in; '><font size="2">12/03/19</font></p>
  </td>
 </tr>
</table>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<table border="0" style="border-collapse: collapse" width="100%" id="table7">
	<tr>
		<td valign="top" width="5%">
		<p align="justify"><font size="2">(1)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>
<font size="2">All of Mr. Murphy&#146;s options have
vested.&nbsp; Mr. Ritchey&#146;s options vest through December 2013 as follows:&nbsp; 500 at $4.35
December 2010; 500 at $4.47 in each of December 2010 and December 2011; 500 at
$1.47 in each of December 2010, December 2011, and December 2012; and 500 at
$1.86 in each of December 2010, December 2011, December 2012 and December 2013.</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>
<font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p align="justify"><font size="2">(2)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in'>
<font size="2">Mr. Ritchey&#146;s employment with the
Company concluded on October 5, 2010.&nbsp; As a result, the unvested options
described in footnote 1 above will not vest.</font></p></td>
	</tr>
</table>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:18.7pt;text-indent:-.25in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:18.7pt;text-indent:-.25in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 18</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-top:12.0pt'><b><font style="font-size: 12.0pt">Compensation
of Directors</font></b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>Up until and
through July 1, 2010, Directors of the Company who are not also employees
received a fee of $3,000 per quarter plus $1,000 per board meeting, plus $750
per each day of committee meetings attended, together with reasonable expenses
of attendance at board meetings and committee meetings. The Company&#146;s
shareholders have approved the 2004 Director Stock Option Plan pursuant to
which non-employee directors may be granted options to purchase shares of the
Company&#146;s Common Stock. In accordance with the 2004 Director Stock Option
Plan&#146;s provisions, the Board of Directors previously adopted a policy to grant
each outside director an initial option to purchase 20,000 shares (6,667 shares
taking into account the reverse split effected in June 2010) of Common Stock on
the date of his commencement of service as a director and an option to purchase
15,000 shares (5,000 shares taking into account the reverse split effected in
June 2010) on each anniversary date of such service, exercisable at the closing
price of the Company&#146;s Common Stock on the Nasdaq Capital Market on the date of
such grant. The maximum term of each option is ten years. The options fully
vest after 6 months and expire 90 days from the termination of the director&#146;s
service on the Company&#146;s Board of Directors.&nbsp; </p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:10.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>On July 14, 2010,
the Company&#146;s Board acting in executive session and upon recommendation of the
Company&#146;s Compensation Committee, approved a new compensation plan for
non-employee directors of the Board, effective as of July 1, 2010, as described
below:</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellpadding=0
 style='margin-left:81.0pt;border-collapse:collapse' width="75%">
 <tr>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:36.75pt;text-indent:-.25in; margin-right:0in; margin-top:0in'>&#149;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Annual retainer for each
  director&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
  </td>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:-.45pt;
  margin-bottom:0in;margin-left:.75pt;margin-bottom:.0001pt;text-align:right'>$24,000</p>
  </td>
 </tr>
 <tr>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:36.75pt;text-indent:-.25in; margin-right:0in; margin-top:0in'>&#149;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Additional annual retainer for service as:&nbsp;</p>
  </td>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:-.45pt;
  margin-bottom:0in;margin-left:.75pt;margin-bottom:.0001pt;text-align:right'>&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:72.75pt;text-indent:-.25in; margin-right:0in; margin-top:0in'>o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Lead Director/Chairman</p>
  </td>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:-.45pt;
  margin-bottom:0in;margin-left:.75pt;margin-bottom:.0001pt;text-align:right'>$7,000</p>
  </td>
 </tr>
 <tr>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:72.75pt;text-indent:-.25in; margin-right:0in; margin-top:0in'>o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Audit Committee Chair&nbsp;&nbsp;&nbsp;&nbsp;</p>
  </td>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:-.45pt;
  margin-bottom:0in;margin-left:.75pt;margin-bottom:.0001pt;text-align:right'>$5,000</p>
  </td>
 </tr>
 <tr>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:72.75pt;text-indent:-.25in; margin-right:0in; margin-top:0in'>o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Compensation Committee
  Chair&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
  </td>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:-.45pt;
  margin-bottom:0in;margin-left:.75pt;margin-bottom:.0001pt;text-align:right'>$5,000</p>
  </td>
 </tr>
 <tr>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:72.75pt;text-indent:-.25in; margin-right:0in; margin-top:0in'>o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Governance and Nominating
  Chair&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
  </td>
  <td style='padding:0in; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:0in;margin-right:-.45pt;
  margin-bottom:0in;margin-left:.75pt;margin-bottom:.0001pt;text-align:right'>$5,000</p>
  </td>
 </tr>
</table>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:10.0pt; margin-left:0in; margin-right:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
All retainers are to be paid in quarterly installments at the end of each
calendar quarter.&nbsp; In the event that a director attends more than six
board meetings or more than six meetings of any committee upon which they serve
in one fiscal year, an additional per meeting fee of $1,000 for in person
meetings or $500 for telephone meetings will be paid. If any such &#147;excess&#148;
committee meeting is held on the same date as a board meeting, only the board
meeting will be considered compensable.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>Upon their
initial election or appointment to the Board, each director will receive an
award of 15,000 options.&nbsp; Upon their re-election to the Board, each
director will receive an award of 10,000 options.&nbsp; All such equity awards
will be made as of the date of such election or appointment and in accordance
with the terms of the Company&#146;s applicable option plan.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-indent:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The directors&#146; fees paid in
the fiscal year ended June 30, 2010 are as follows:</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-indent:0in'>&nbsp;</p>
<div align="center">

<table class=MsoNormalTable border=0 cellpadding=0 width=492
 style='width:75%;border-collapse:collapse' id="table8">
 <tr style='page-break-inside:avoid;height:.05pt'>
  <td width="30%" valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  ' colspan="4">

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:center;text-indent:0in'><b>
Director Compensation</b></p>

  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

  </td>
  <td width="12%" valign=top style='padding:1.1pt;
  ' colspan="2">
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:44.05pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Name</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Fees&nbsp;Earned&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">or&nbsp;Paid&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">in&nbsp;Cash&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  ' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Option&nbsp;Awards&nbsp;&nbsp;</font></b></p>
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">($) (1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  ' align="right">
  <p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Total&nbsp;($)&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:13.6pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">George&nbsp;J.&nbsp;Isaac (2)</font></p>
  </td>
  <td width="20%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="10%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">23,000&nbsp;</font></p>
  </td>
  <td width="16%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="9%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,863&nbsp;</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">25,863&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Mark&nbsp;P.&nbsp;Murphy</font></p>
  </td>
  <td width="20%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="10%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">-&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:13.6pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">William&nbsp;L.&nbsp;Healey (3)</font></p>
  </td>
  <td width="20%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="10%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">19,250&nbsp;</font></p>
  </td>
  <td width="16%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="9%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">3,732&nbsp;</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">22,982&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:13.6pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Michael&nbsp;Berthelot (4)</font></p>
  </td>
  <td width="20%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="10%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">23,750&nbsp;</font></p>
  </td>
  <td width="16%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="9%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,976&nbsp;</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">26,726&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:11.0pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:13.6pt'>
  <td width="30%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">David&nbsp;Holder (5)</font></p>
  </td>
  <td width="20%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="10%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">23,750&nbsp;</font></p>
  </td>
  <td width="16%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="9%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2,976&nbsp;</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="6%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">26,726&nbsp;</font></p>
  </td>
 </tr>
</table>

</div>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 19</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:31.5pt;text-indent:2.5pt; margin-right:0in; margin-top:0in'>___________________</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:31.5pt;text-indent:2.5pt; margin-right:0in; margin-top:0in'>&nbsp;</p>

<table border="0" style="border-collapse: collapse" width="100%" id="table9">
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">(1)</font></td>
		<td width="95%" valign="top">

<p style='margin-top:0;margin-right:0in;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>
<font size="2">This
column represents the dollar amount recognized for financial statement reporting
purposes with respect to the years ended June 30, 2010 for the fair value of
stock options granted to each of our directors calculated in accordance with FASB
ASC Topic 718.&nbsp; Pursuant to applicable SEC regulations, the amounts shown
exclude the impact of estimated forfeitures related to service-based vesting
conditions.&nbsp; For additional information on the valuation assumptions with
respect to these option grants, refer to Notes 2 and 6 of our financial
statements in our Annual Report on Form
10-K for the year ended June 30, 2010 as filed with the SEC.&nbsp; These amounts reflect only our accounting expense for these option
grants and do not correspond to the actual value that will be recognized by our
directors.&nbsp; During the fiscal year ended June 30, 2010, the Company&#146;s
non-employee Directors, Messrs. Isaac, Berthelot, Healey and Holder, were each
granted options to purchase 5,000 shares of Common Stock, exercisable at share
prices of $1.35, $1.47, $1.86 and $1.47 per share, respectively.&nbsp; </font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-top:0;margin-right:0in;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";'>
<font size="2">&nbsp; </font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">(2)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0'>
<font size="2">At June 30, 2010, Mr. Isaac held options to
purchase an aggregate of 35,000 shares of Common Stock at a weighted average
exercise price of $4.85 per share, of which 35,000 options were vested.</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0'>
<font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">(3)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0'>
<font size="2">At June 30, 2010, Mr. Healey held options to
purchase an aggregate of 16,667 shares of Common Stock at a weighted average
exercise price of $2.79 per share, of which 16,667 options were vested.</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0'>
<font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">(4)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0'>
<font size="2">At June 30, 2010, Mr. Berthelot held options
to purchase an aggregate of 11,667 shares of Common Stock at a weighted average
exercise price of $1.44 per share, of which 6,667 options were vested.</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-right:0in; margin-top:0'>
<font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">
		<p style="margin-top: 0; margin-bottom: 0"><font size="2">(5)</font></td>
		<td width="95%" valign="top">

<p style='margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0'>
<font size="2">At June 30, 2010, Mr. Holder held
options to purchase an aggregate of 11,667 shares of Common Stock at a weighted
average exercise price of $1.44 per share, of which 6,667 options were vested.</font></p>

		</td>
	</tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
<b>EQUITY
COMPENSATION PLAN INFORMATION</b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>
<font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The following table sets forth information about
the Company&#146;s Common Stock that may be
issued upon the exercise of options and restricted stock under all of the
Company&#146;s equity compensation plans as of June 30, 2010.</font></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellpadding=0 width=599
 style='width:100%;border-collapse:collapse'>
 <tr style='height:12.35pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:1px solid #000000; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='border-top:1px solid #000000; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='border-top:1px solid #000000; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-top:1px solid #000000; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:1px solid #000000; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Number&nbsp;of&nbsp;Securities</font></b></p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Number&nbsp;of&nbsp;Securities</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Available&nbsp;for&nbsp;Issuance</font></b></p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">to&nbsp;be&nbsp;Issued&nbsp;Upon</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Weighted&nbsp;Average</font></b></p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Under&nbsp;Equity</font></b></p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Exercise&nbsp;of</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Exercise&nbsp;Price&nbsp;of</font></b></p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Compensation&nbsp;Plans</font></b></p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Outstanding&nbsp;Options,</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Outstanding&nbsp;Options,</font></b></p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">(excluding&nbsp;services</font></b></p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td width="17%" valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:1.0pt solid windowtext;border-right:
  medium none;padding:1.1pt;'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Plan&nbsp;Category</font></b></p>
  </td>
  <td width="19%" valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Warrants&nbsp;and&nbsp;Rights</font></b></p>
  </td>
  <td colspan=2 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">Warrants,&nbsp;and&nbsp;Rights</font></b></p>
  </td>
  <td width="20%" valign=bottom style='border-top:medium none;border-left:
  medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>
	<font size="2">reflected&nbsp;in&nbsp;column&nbsp;(a))</font></b></p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td width="17%" valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:1.0pt solid windowtext;border-right:
  medium none;padding:1.1pt;'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(a)</font></p>
  </td>
  <td colspan=2 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(b)</font></p>
  </td>
  <td width="20%" valign=bottom style='border-top:medium none;border-left:
  medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">(c)</font></p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Plans&nbsp;Approved&nbsp;by</font></p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Stockholders:</font></p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1994&nbsp;Employee&nbsp;Option&nbsp;Plan</font></p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">47,500&nbsp;</font></p>
  </td>
  <td width="12%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="7%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2.07&nbsp;</font></p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2004&nbsp;Employee&nbsp;Option&nbsp;Plan</font></p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">61,333&nbsp;</font></p>
  </td>
  <td width="12%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="7%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">5.31&nbsp;</font></p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">244,682&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">1994&nbsp;Director&nbsp;Option&nbsp;Plan</font></p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">5,000&nbsp;</font></p>
  </td>
  <td width="12%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="7%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">4.20&nbsp;</font></p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2004&nbsp;Director&nbsp;Option&nbsp;Plan</font></p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">80,000&nbsp;</font></p>
  </td>
  <td width="12%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="7%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">3.99&nbsp;</font></p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">56,667&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:12.3pt'>
  <td width="17%" valign=bottom style='border-right:medium none; border-top:medium none; border-bottom:medium none; border-left:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="19%" valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="20%" valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.35pt'>
  <td width="17%" valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:1.0pt solid windowtext;border-right:
  medium none;padding:1.1pt;'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td width="23%" valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Total</font></p>
  </td>
  <td width="19%" valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">193,833&nbsp;</font></p>
  </td>
  <td width="12%" valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$</font></p>
  </td>
  <td width="7%" valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">3.93&nbsp;</font></p>
  </td>
  <td width="20%" valign=bottom style='border-top:medium none;border-left:
  medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">301,348&nbsp;</font></p>
  </td>
 </tr>
 </table>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:.5in;text-indent:-.5in;text-autospace:
ideograph-numeric ideograph-other'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:.5in;text-indent:-.5in;text-autospace:
ideograph-numeric ideograph-other; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 20</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all style='page-break-before:always'>


</font>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-indent:0in'>
<b>Options and Warrants Generally</b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>For
options and warrants other than those discussed above, the Board of Directors, as
the administrator of the Company&#146;s 1994 and 2004 Employee Stock Option Plans
and the 1994 and 2004 Director Stock Option Plans, has the discretion to
accelerate any outstanding options held by the employees and directors in the
event of an acquisition of the Company by a merger or asset sale in which the
outstanding options under each such plan are not to be assumed by the successor
corporation or substituted with options to purchase shares of such corporation.<a
name="_DV_M154"></a></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:center;text-indent:0in;page-break-after:
avoid'><b>AUDIT COMMITTEE REPORT</b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M176"></a>The Audit Committee reports to and acts on
behalf of the Board of Directors in providing oversight to the financial
management, independent auditors, and financial reporting procedures of the
Company.&nbsp; The Company&#146;s management is responsible for preparing the Company&#146;s
financial statements and the independent auditors are responsible for auditing
those statements.&nbsp; In this context, the Audit Committee has reviewed and
discussed the audited financial statements contained in the Company&#146;s 2010 Annual
Report on Form 10-K with management and the independent auditors.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M177"></a>The Audit Committee has discussed with the
independent auditors the matters required to be discussed by the Statement on
Auditing Standards No. 61 (&#147;Communication with Audit Committees&#148;), as amended.&nbsp;
The Audit Committee has received the written disclosures and the letter from
the independent auditors required by applicable requirements of the Public
Company Accounting Oversight Board regarding the independent accountant&#146;s
communications with the audit committee concerning independence and has
discussed with the independent auditors their independence.&nbsp; In concluding that
the auditors are independent, the Audit Committee considered, among other
factors, whether the non-audit services provided by Moss Adams, LLP were compatible
with maintaining their independence. </p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M178"></a>In reliance on the reviews and discussions
referred to above, the Audit Committee recommended to the Board of Directors
that the audited financial statements be included in the Company&#146;s Annual
Report on Form 10-K for the fiscal year ended June 30, 2010, and be filed with
the SEC.&nbsp; </p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid'><a name="_DV_M179"></a>The Audit
Committee has retained Moss Adams, LLP to serve as the Company&#146;s independent
auditors for the fiscal year ending June 30, 2011.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:center;text-indent:0in;page-break-after:
avoid'><a name="_DV_M180"></a><b>AUDIT COMMITTEE</b></p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:center;text-indent:0in;page-break-after:
avoid'>&nbsp;</p>

<div align="center">
	<table border="0" style="border-collapse: collapse" width="75%" id="table10">
		<tr>
			<td width="33%" align="center">
			<p style="margin-top: 0; margin-bottom: 0">George J. Isaac</td>
			<td width="34%" align="center">

<p style='margin-top:0;margin-bottom:0in;margin-bottom:0;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center;'>
William L. Healey</p></td>
			<td width="33%" align="center">
			<p style="margin-top: 0; margin-bottom: 0">Michael J. Berthelot</td>
		</tr>
	</table>
</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'>&nbsp;</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>CODE OF BUSINESS CONDUCT AND ETHICS</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>Our code of
business conduct and ethics, as approved by our Board of Directors, can be
obtained from our Internet site at http://www.pro-dex.com/governance.php.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>We intend to
satisfy the disclosure requirement under Item 5.05 of Form 8-K relating to
amendments to or waivers from provisions of the code that relate to one of more
of the items set forth in Item 406(b) of Regulation S-K and its successor
regulation, by describing on our Internet website, within four business days
following the date of a waiver or a substantive amendment, the date of the
waiver or amendment, the nature of the amendment or waiver, and the name of the
person to whom the waiver was granted.&nbsp; There have been no waivers of the
ethics policy granted during the fiscal year and through the date of this proxy
or have there been any requests for such waivers during that period.</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>Information on
our Internet site is not, and shall not be deemed to be, a part of this proxy
statement or incorporated into any other filings we make with the SEC. </p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>
<b>SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE</b></p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>Under
Section 16(a) of the Securities Exchange Act of 1934, as amended (the &#147;Exchange
Act&#148;), the directors and officers of the Company and any person who owns more
than ten percent of the Company&#146;s Common Stock are required to report their
initial ownership of the Company&#146;s Common Stock and any subsequent changes in
that ownership to the SEC and the Nasdaq Capital Market. Officers, directors
and greater than 10% shareholders are required by SEC regulations to furnish
the Company with copies of all forms they file in accordance with Section
16(a).&nbsp; Based solely on its review of the copies of such forms received by it,
or written representations from certain reporting persons that no other reports
were required for those persons, the Company believes that, during the fiscal
year ended June 30, 2010, its officers, directors and greater than 10%
shareholders complied with all Section 16(a) filing requirements applicable to
such persons.</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 21</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>COMMUNICATIONS
WITH DIRECTORS</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board
has established a process to receive communications from shareholders.
Shareholders and other interested parties may contact any member (or all
members) of the Board, or the independent directors as a group, any Board
committee or any Chair of any such committee by mail or electronically. To
communicate with the Board of Directors, any individual directors or any group
or committee of directors, correspondence should be addressed to the Board of
Directors or any such individual directors or group or committee of directors
by either name or title. All such correspondence should be sent &#147;c/o Corporate
Secretary&#148; at 2361 McGaw Avenue, Irvine, California 92614.&nbsp; To communicate with
any of our directors electronically, a shareholder should send an email to the
Company&#146;s Secretary: hal.hurwitz@pro-dex.com. </p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
communications received as set forth in the preceding paragraph will be opened
by the Company&#146;s Secretary for the sole purpose of determining whether the
contents represent a message to one or more of the directors.&nbsp; Any contents
that are not in the nature of advertising, promotions of a product or service
or patently offensive material will be forwarded promptly to the addressee. In
the case of communications to the Board or any group or committee of directors,
the Company&#146;s Secretary will make sufficient copies (or forward such
information in the case of e-mail) of the contents to send to each director who
is a member of the group or committee to which the envelope or e-mail is
addressed. </p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>It is the Company&#146;s policy that its
directors are invited and encouraged to attend all of the Company&#146;s annual
meetings of shareholders.&nbsp; All of the current directors were in attendance at
the 2009 Annual Meeting.<a name="Y71207PRE14A_HTM_154"></a></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-align:center;
page-break-after:avoid; margin-left:0in; margin-right:0in'><b>Proposal No. 2</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-align:center;
page-break-after:avoid; margin-left:0in; margin-right:0in'><b>RATIFICATION
OF APPOINTMENT OF INDEPENDENT PUBLIC ACCOUNTANTS</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt;text-indent:.5in; margin-left:0in; margin-right:0in'>The Audit Committee has appointed the firm of Moss Adams,
LLP as the Company&#146;s independent certified public accountants for the fiscal year
ending June 30, 2010, and requests the shareholders to ratify this
appointment.&nbsp; In the event that the shareholders do not ratify the selection of
Moss Adams, LLP as the Company&#146;s independent public accountants, the Board of
Directors will consider the selection of another independent public accounting
firm. </p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>A
representative of Moss Adams, LLP is expected to be present at the Annual
Meeting, will have the opportunity to make a statement if such representative
desires to do so, and will be available to respond to appropriate questions. </p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:center;text-indent:0in;page-break-after:
avoid'><b>ACCOUNTING FEES</b></p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:justify;text-indent:0.5in;page-break-after:
avoid'><font size="3">The Audit Committee&#146;s policy is to pre-approve all auditing services and permitted non-audit services (including the fees and terms thereof) to be performed for the Company by its independent auditor, subject to the de minimis exceptions for non-audit services described in Section 10A(i)(1)(B) of the Exchange Act which are approved by the Audit Committee prior to the completion of the audit.&nbsp; The Audit Committee considers whether the performance of any service by the Company&#146;s independent auditors is compatible with maintaining such auditor&#146;s independence.</font></p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:center;text-indent:0in;page-break-after:
avoid'>&nbsp;</p>

<pre style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><a name="_DV_M259"><font size="3"></font></a><font size="3">&nbsp;</font></pre>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 22</p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Arial Unicode MS";margin:0in;margin-bottom:.0001pt;text-indent:24.5pt'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:justify;text-indent:24.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>The following table sets
forth the aggregate fees billed to the Company for the fiscal years ended June
30, 2010 and June 30, 2009 by the Company&#146;s auditors, all of which were
preapproved by the Audit Committee:</p>
<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:justify;text-indent:24.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div align="center">

<table class=MsoNormalTable border=0 cellpadding=0 width=434
 style='width:75%;border-collapse:collapse'>
 <tr style='page-break-inside:avoid;height:.05pt'>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center;text-indent:24.5pt'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td valign=top style='padding:1.1pt;
  '>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
 </tr>
 <tr style='height:12.65pt'>
  <td valign=bottom style='border:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=4 valign=bottom style='border-right:1.0pt solid windowtext; border-top:1.0pt solid windowtext; border-bottom:1.0pt solid windowtext; border-left:medium none; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Years&nbsp;ended&nbsp;June&nbsp;30,</font></p>
  </td>
 </tr>
 <tr style='height:12.65pt'>
  <td valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:medium none;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>
  </td>
  <td colspan=2 valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2010&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
  <td colspan=2 valign=bottom style='border-top:medium none;
  border-left:medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">2009&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:12.65pt'>
  <td valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:medium none;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Audit&nbsp;Fees&#185;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-bottom:medium none; border-top:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$158,000&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$157,000&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:12.65pt'>
  <td valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:medium none;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Audit-Related&nbsp;Fees&#178;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$0&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$0&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:12.65pt'>
  <td valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:medium none;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Tax&nbsp;Fees&#179;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$30,000&nbsp;</font></p>
  </td>
  <td valign=bottom style='padding:1.1pt;
  '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-top:medium none; border-bottom:medium none; border-right:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$33,000&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:14.1pt'>
  <td valign=bottom style='border-top:medium none;border-left:
  1.0pt solid windowtext;border-bottom:medium none;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">All&nbsp;Other&nbsp;Fees<sup>4</sup>&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$0&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-top:medium none;border-left:
  medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$0&nbsp;</font></p>
  </td>
 </tr>
 <tr style='height:12.65pt'>
  <td valign=bottom style='border-left:1.0pt solid windowtext; border-right:1.0pt solid windowtext; border-bottom:1.0pt solid windowtext; border-top:medium none; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">Total</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$188,000&nbsp;</font></p>
  </td>
  <td valign=bottom style='border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1.0pt solid windowtext; padding:1.1pt; '>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
  <td valign=bottom style='border-top:medium none;border-left:
  medium none;border-bottom:1.0pt solid windowtext;border-right:1.0pt solid windowtext;
  padding:1.1pt;'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>
	<font size="2">$190,000&nbsp;</font></p>
  </td>
 </tr>
</table>

</div>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Arial Unicode MS";margin:0in;margin-bottom:.0001pt;text-align:center;
text-indent:24.5pt'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:left'>

<hr size=1 width="18%" noshade color=black align=left>

</div>

<table border="0" style="border-collapse: collapse" width="100%" id="table11">
	<tr>
		<td valign="top" width="5%"><font size="2">(1)</font></td>
		<td width="95%" valign="top">

<p style='margin-right:0in;margin-left:0in;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2"><i>Audit Fees</i>
consist of fees billed for professional services rendered for the audit of the
Company&#146;s consolidated annual financial statements and review of the interim
consolidated financial statements included in quarterly reports and services that
are normally provided by Moss Adams LLP, in connection with statutory and
regulatory filings or engagements. </font> </p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-right:0in;margin-left:0in;font-family:"Times New Roman";margin-bottom:.0001pt; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%"><font size="2">(2)</font></td>
		<td width="95%" valign="top">

<p style='margin-right:0in;margin-left:0in;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2"><i>Audit-Related
Fees</i> consist of fees billed for assurance and related services that are
reasonably related to the performance of the audit or review of the Company&#146;s
consolidated financial statements and are not reported under &#147;Audit Fees.&#148;
</font> </p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-right:0in;margin-left:0in;font-family:"Times New Roman";margin-bottom:.0001pt; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%"><font size="2">(3)</font></td>
		<td width="95%" valign="top">

<p style='margin-right:0in;margin-left:0in;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2"><i>Tax Fees</i>
consist of fees billed for professional services rendered for tax compliance,
tax advice and tax planning. These services include assistance regarding
federal state and local tax compliance, planning and advice. </font> </p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%">&nbsp;</td>
		<td width="95%" valign="top">

<p style='margin-right:0in;margin-left:0in;font-family:"Times New Roman";margin-bottom:.0001pt; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2">&nbsp;</font></p>

		</td>
	</tr>
	<tr>
		<td valign="top" width="5%"><font size="2">(4)</font></td>
		<td width="95%" valign="top">

<p style='margin-right:0in;margin-left:0in;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:justify; margin-left:0in; margin-right:0in; margin-top:0in'>
<font size="2"><i>All Other Fees</i>
consist of fees for products and services other than the services reported
above.</font></p>

		</td>
	</tr>
</table>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";text-align:left;text-indent:0in;page-break-after:
avoid'><b>Required Vote and Board
Recommendation</b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman";page-break-after:avoid'>Although shareholder ratification is not required
for the appointment of Moss Adams, LLP as the Company&#146;s independent public
accountants for the fiscal year ending June
30, 2011, the Board of Directors has directed that this appointment be
submitted to the Company&#146;s shareholders for ratification at the Annual Meeting.&nbsp; Assuming
<a name="_DV_C92">a quorum is present at the Annual Meeting, this proposal will
be ratified and approved if the votes cast in favor of this proposal exceed the
votes cast opposing this proposal.&nbsp; </a></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:.5in; margin-left:0in; margin-right:0in; margin-top:0in'><b>THE BOARD OF DIRECTORS RECOMMENDS THAT THE
SHAREHOLDERS VOTE &#147;FOR&#148; THE RATIFICATION OF THE APPOINTMENT OF MOSS ADAMS, LLP
TO SERVE AS THE COMPANY&#146;S INDEPENDENT PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR
ENDING JUNE&nbsp;30,&nbsp;2011.</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>&nbsp;</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>ANNUAL REPORT</b></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M275"></a>The Company&#146;s Annual Report on Form 10-K
containing audited financial statements for the fiscal year ended June 30, 2010
accompanies this proxy statement.&nbsp; Such report is not incorporated herein and
is not deemed to be a part of this proxy solicitation material.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'>PROPOSALS OF SHAREHOLDERS</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M277"></a>Pursuant to Rule 14a-8 of the SEC,
proposals by shareholders which are intended for inclusion in the Company&#146;s
proxy statement and proxy card and to be presented at the Company&#146;s next annual
meeting must be received by the Company by June 27, 2011, in order to be
considered for inclusion in the Company&#146;s proxy materials. Such proposals
should be addressed to the Company&#146;s Secretary and may be included in next
year&#146;s proxy materials if they comply with certain rules and regulations of the
SEC governing shareholder proposals. Proposals by shareholders at
the Company&#146;s 2010 Annual Shareholders&#146; Meeting that are not intended for
inclusion in the Company&#146;s proxy materials must also be received by the
Company&#146;s Secretary no later than June 27, 2011.&nbsp; Every shareholder notice
must also comply with certain other requirements set forth in the Company&#146;s
Bylaws, a copy of which may be obtained by written request delivered to the
Company&#146;s Secretary.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 23</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;page-break-after:avoid;text-autospace:none;font-family:"Times New Roman";font-weight:bold'><a name="_DV_M278"></a>OTHER MATTERS</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M279"></a>The Board of Directors knows of no other
matters which will be acted upon at the Annual Meeting. If any other matters
are presented properly for action at the Annual Meeting or at any adjournment
or postponement thereof, it is intended that the proxy will be voted with
respect thereto in accordance with the best judgment and in the discretion of
the proxy holder.</p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'><a name="_DV_M280"></a><b>THE COMPANY&#146;S SHAREHOLDERS ARE URGED TO
PROMPTLY SUBMIT THEIR PROXY OR VOTING
INSTRUCTIONS AS SOON AS POSSIBLE BY FOLLOWING THE INSTRUCTIONS IN THE NOTICE OF
INTERNET AVAILABILITY OF PROXY MATERIALS, WHICH WAS MAILED TO YOU ON OR ABOUT OCTOBER
25, 2010.&nbsp; IF YOU REQUEST PRINTED COPIES OF THE PROXY MATERIALS BY MAIL, YOU
CAN ALSO VOTE BY MAIL OR BY TELEPHONE.</b></p>
<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-autospace:none;font-family:"Times New Roman"'>&nbsp;</p>

<div align="right">
	<table border="0" style="border-collapse: collapse" width="50%" id="table12">
		<tr>
			<td>

<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in;
text-align:left;
'>By
Order of the Board of Directors,<br>
<br>
PRO-DEX, INC.<br>
<br>
/s/ Harold A. Hurwitz<br>
Corporate Secretary<a name="_DV_M282"></a></p>
<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in;
text-align:left;
'>&nbsp;</p>

			</td>
		</tr>
		<tr>
			<td>

<p style='text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in;
text-align:left;
'>Irvine, California<br>
October 20, 2010</p>

			</td>
		</tr>
	</table>
</div>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'>SHAREHOLDERS
MAY OBTAIN FREE OF CHARGE A PAPER COPY OF THE COMPANY&#146;S ANNUAL REPORT ON FORM 10-K
FOR THE FISCAL YEAR ENDED <a name="_DV_C330">JUNE</a> 30, 2010,
(WITHOUT EXHIBITS) AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION BY
WRITING TO:&nbsp; INVESTOR RELATIONS, PRO-DEX, INC., 2361 MCGAW AVENUE, IRVINE,
CALIFORNIA 92614 OR CALLING (949) 769-3200.</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-top:12.0pt; margin-left:0in; margin-right:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 24</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'><u>&nbsp;</u></p>

<font face="Times New Roman">

<u><br clear=all style='page-break-before:always'>
</u></font>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>THIS PROXY IS
SOLICITED BY THE BOARD OF DIRECTORS</b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>ANNUAL MEETING OF
SHAREHOLDERS </b></p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b>TO BE HELD DECEMBER
3, 2010 </b></p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>The undersigned hereby appoints Harold A. Hurwitz, as attorney
and proxy, with full power of substitution, to represent and vote, as
designated below, all shares of Common Stock of Pro-Dex, Inc. held of record by
the undersigned on October 8, 2010, at the Annual Meeting of Shareholders to be
held at the Pro-Dex company headquarters, 2361 McGaw Avenue, Irvine, California
92614, on December 3, 2010, at 8:00&nbsp;a.m., local time, and at any and all
adjournments or postponements thereof.</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:81.0pt;text-indent:-81.0pt; margin-right:0in; margin-top:0in'>Proposal No. 1.&nbsp;&nbsp;&nbsp; To
elect five persons to serve as directors of the Company as follows (check one
box):</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:35.0pt;text-indent:-17.0pt; margin-right:0in; margin-top:0in'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellpadding=0
 style='border-collapse:collapse' width="100%">
 <tr>
  <td valign=top style='padding:0in; ' width="839">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>FOR [___]</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>approval of the
  election of the nominees listed below (except as marked to the contrary
  below). </p>
  </td>
  <td valign=top style='padding:0in; '>
  &nbsp;&nbsp;&nbsp;
  </td>
  <td valign=top style='padding:0in; ' width="386">
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp; WITHHOLD AUTHORITY [____]</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>to vote for the
  nominees listed below</p>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:right; margin-left:0in; margin-right:0in; margin-top:0in'>(marked below).. </p>
  </td>
  <td width=2 valign=top style='width:1.75pt;padding:0in 0in 0in 0in'>
  <p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
  </td>
 </tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<table border="0" style="border-collapse: collapse" width="100%" id="table13">
	<tr>
		<td align="center">

<p style='margin-bottom:.0001pt;text-autospace:none;font-family:"Times New Roman";margin-left:35.0pt;text-indent:-18.5pt; margin-right:0in; margin-top:0in'>
Mark P. Murphy&nbsp; </p>

		</td>
		<td align="center">George J. Isaac</td>
		<td align="center">William L. Healey</td>
		<td align="center">Michael J. Berthelot</td>
		<td align="center">David Holder</td>
	</tr>
</table>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:81.0pt;text-indent:-81.0pt; margin-right:0in; margin-top:0in'>Proposal No. 2.&nbsp;&nbsp;To ratify the appointment of Moss Adams, LLP as the Company&#146;s independent auditors
for the fiscal year ending June 30, 2011 (circle one). </p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div align="center">
	<table border="0" style="border-collapse: collapse" width="75%" id="table14">
		<tr>
			<td align="center" width="33%"><font size="3">FOR</font></td>
			<td align="center" width="34%"><font size="3">AGAINST</font></td>
			<td align="center" width="33%">

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center; margin-top:0in'>
<font size="3">ABSTAIN</font></p>

			</td>
		</tr>
	</table>
</div>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-left:81.0pt;text-indent:-81.0pt; margin-right:0in; margin-top:0in'>Proposal No. 3.&nbsp;&nbsp;In their discretion, the proxies are authorized to vote upon such other business
as may properly come before the meeting or any adjournment or postponement
thereof. </p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:38.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>This proxy, when properly
executed, will be voted in the manner directed herein by the undersigned
shareholder. &nbsp;If no direction is made, this proxy will be voted &#147;FOR&#148; all
Proposals.</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:38.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:38.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:38.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:38.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:38.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:38.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-indent:38.5pt; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 25</p>
<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<font face="Times New Roman">

<br clear=all
style='page-break-before:always'>


</font>


<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'><b>PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY PROMPTLY
USING THE ENCLOSED ENVELOPE. </b></p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<div align="right">
	<table border="0" style="border-collapse: collapse" width="50%" id="table15">
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left; margin-right:0in; margin-top:0in'>Dated:_______________,
2010 <br>
<br>
</p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Name: <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u><br>
<br>
</p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Common Shares: <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u>&nbsp;</p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>&nbsp;</p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</u></p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Signature </p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>&nbsp;</p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</u></p>

			</td>
		</tr>
		<tr>
			<td>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";margin-right:0in; margin-top:0in'>Signature (if jointly held) </p>

			</td>
		</tr>
		<tr>
			<td>

&nbsp;&nbsp;</td>
		</tr>
		<tr>
			<td>

Please
sign exactly as name appears in the records of Pro-Dex, Inc. When shares are
held by joint tenants, both should sign. When signing as attorney, as executor,
administrator, trustee or guardian, please give full title as such. If a
corporation, please sign in full corporate name by President or other
authorized officer. If a partnership, please sign in partnership name by
authorized person.

			</td>
		</tr>
	</table>
</div>

<p style='margin:0in;margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman";margin-left:153.0pt;text-indent:-9.0pt'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>
<p style='margin-bottom:.0001pt;text-align:justify;text-autospace:none;font-family:"Times New Roman";text-align:left;margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;</p>

<p style='margin-bottom:.0001pt;text-align:center;text-autospace:none;font-size:11.0pt;font-family:"Times New Roman"; margin-left:0in; margin-right:0in; margin-top:0in'>
Page 26</p>

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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
