<SEC-DOCUMENT>0000911147-16-000108.txt : 20160429
<SEC-HEADER>0000911147-16-000108.hdr.sgml : 20160429
<ACCEPTANCE-DATETIME>20160429120150
ACCESSION NUMBER:		0000911147-16-000108
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160429
FILED AS OF DATE:		20160429
DATE AS OF CHANGE:		20160429
EFFECTIVENESS DATE:		20160429

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTURY CASINOS INC /CO/
		CENTRAL INDEX KEY:			0000911147
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				841271317
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22900
		FILM NUMBER:		161604170

	BUSINESS ADDRESS:	
		STREET 1:		455 E. PIKES PEAK AVE
		STREET 2:		SUITE 210
		CITY:			COLORADO SPRINGS
		STATE:			CO
		ZIP:			80903
		BUSINESS PHONE:		719-527-8300

	MAIL ADDRESS:	
		STREET 1:		455 E. PIKES PEAK AVE
		STREET 2:		SUITE 210
		CITY:			COLORADO SPRINGS
		STATE:			CO
		ZIP:			80903

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CENTURY CASINOS INC
		DATE OF NAME CHANGE:	19940802

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALPINE GAMING INC
		DATE OF NAME CHANGE:	19930824
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>c147-20160429xdef14a.htm
<DESCRIPTION>DEF 14A
<TEXT>
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			cnty-schedule14A
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			<a name="_GoBack"></a><font style="display: inline;font-family:Times New Roman;font-weight:bold;">UNITED STATES</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display: inline;font-family:Times New Roman;">WASHINGTON, D.C. 20549</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">SCHEDULE 14A</font>
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			<font style="display: inline;font-family:Times New Roman;">Proxy Statement Pursuant to Section 14(a) of the</font>
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			<font style="display: inline;font-family:Times New Roman;">Securities Exchange Act of 1934 (Amendment No.&nbsp;&nbsp;&nbsp;&nbsp;)</font>
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			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Times New Roman;">Filed by the Registrant </font><font style="display: inline;">&#x2611;</font>
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			<font style="display: inline;font-family:Times New Roman;">Filed by a Party other than the Registrant </font><font style="display: inline;">&#x2610;</font>
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			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Times New Roman;">Check the appropriate box:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"><font style="display: inline;">&#x2610;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Preliminary Proxy Statement</font></font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"><font style="display: inline;">&#x2610;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</font></font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"><font style="display: inline;">&#x2611;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Definitive Proxy Statement</font></font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"><font style="display: inline;">&#x2610;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Definitive Additional Materials</font></font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"><font style="display: inline;">&#x2610;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Soliciting Material Pursuant to &#xA7;240.14a-12</font></font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">CENTURY CASINOS, INC.</font>
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		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">------------------------------------------------</font>
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		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(Name of Registrant as Specified In Its Charter)</font>
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			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Times New Roman;">-------------------------------------------------</font>
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		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">Payment of Filing Fee (Check the appropriate box):</font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"><font style="display: inline;">&#x2611;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">No fee required.</font></font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"><font style="display: inline;">&#x2610;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</font></font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Title of each class of securities to which transaction applies:</font></font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:10pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Aggregate number of securities to which transaction applies:</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;"></font><font style="display: inline;font-family:Times New Roman;">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;text-align:left"><font style="display: inline;font-family:Times New Roman;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;"></font><font style="display: inline;font-family:Times New Roman;">amount on which the filing fee is calculated and state how it was determined):</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">P</font><font style="display: inline;font-family:Times New Roman;">roposed maximum aggregate value of transaction:</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">5)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;"></font><font style="display: inline;font-family:Times New Roman;">Total fee paid:</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:25pt;"><font style="display: inline;">&#x2610;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Fee paid previously with preliminary materials.</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 27pt;text-indent: -27pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;">&#x2610;</font><font style="display: inline;font-family:Times New Roman;font-family:Wingdings;;font-size: 10pt;font-family:Courier New;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">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;&nbsp;Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Amount Previously Paid:</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;"></font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Form, Schedule or Registration </font><font style="display: inline;font-family:Times New Roman;">Statement </font><font style="display: inline;font-family:Times New Roman;">No.:</font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;"></font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Filing Party:</font><font style="display: inline;font-family:Times New Roman;"></font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;"></font></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier New;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Date Filed:</font></font>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;"></font></font>
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		<p><font size="1"> </font></p><div style="width:100%">

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font><font style="display: inline;">April </font><font style="display: inline;">29, 2016</font>
		</p>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Dear </font><font style="display: inline;">Stockholder</font><font style="display: inline;">:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">We cordially invite you to electronically attend the Annual </font><font style="display: inline;">Meeting of </font><font style="display: inline;">Stockholder</font><font style="display: inline;">s of Century Casinos, Inc., which will be held on </font><font style="display: inline;">Thursday, June 9, 2016</font><font style="display: inline;">, at 8:00</font><font style="display: inline;"> a.m. Mountain Time (</font><font style="display: inline;">4</font><font style="display: inline;">:00 p.m. Central European Time). </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">We are pleased to announce that this year&#x2019;s </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Annual Meeting will again be a virtual meeting via live webcast on the </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">I</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">nternet.&nbsp;&nbsp;You will be able to attend the Annual Meeting, vote and submit your questions during the meeting by visiting</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> www.virtualshareholdermeeting.com/cnty201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">6</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">.</font><font style="color:#0000FF;border-bottom-style:double;border-bottom-width:2pt;color:#000000;height:100%;text-indent:0pt;"> &nbsp; </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">At the Annual Meeting, you will be asked to vote on proposals to elect </font><font style="display: inline;">two</font><font style="display: inline;"> Class I director</font><font style="display: inline;">s</font><font style="display: inline;"> to our Board of Directors, ratify the appointment of our independent registered public accounting firm, approve an advisory (non-binding) resolution regarding the compensation of our named executive officers</font><font style="display: inline;">, approve and adopt the Century Casinos, Inc. 2016 Equity Incentive Plan</font><font style="display: inline;"> and consider</font><font style="display: inline;"> such</font><font style="display: inline;"> other business as may properly come before the meeting.</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Enclosed is a notice of the Annual Meeting, the proxy statement and proxy card along with a copy of our Annual Report for the 201</font><font style="display: inline;">5</font><font style="display: inline;"> fiscal year.</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">We encourage you to read the enclosed proxy statement and vote promptly.&nbsp;&nbsp;If you attend the Annual Meeting, you may vote in person via </font><font style="display: inline;">the </font><font style="display: inline;">Internet even if you previously voted by proxy.&nbsp;&nbsp;Thank you for your interest and support.</font>
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		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Sincerely,</font>
		</p>
		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">/s/ Erwin Haitzmann</font>
		</p>
		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Erwin Haitzmann</font>
		</p>
		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Chairman of the Board of Directors</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">455 E. Pikes Peak Ave., Suite 210</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Colorado Springs, CO 80903</font>
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			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">NOTICE OF ANNUAL MEETING OF </font><font style="display: inline;font-weight:bold;">STOCKHOLDER</font><font style="display: inline;font-weight:bold;">S</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Notice is hereby given that the 201</font><font style="display: inline;">6</font><font style="display: inline;"> Annual Meeting of </font><font style="display: inline;">Stockholder</font><font style="display: inline;">s of Century Casinos, Inc., a Delaware corporation, will be </font><font style="display: inline;">convened on </font><font style="display: inline;">Thursday, June 9, 2016</font><font style="display: inline;"> at 8</font><font style="display: inline;">:00 a.m. Mountain Time (</font><font style="display: inline;">4</font><font style="display: inline;">:00 p.m. Central European Time) via the Internet at </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">www.virtualshareholdermeeting.com/cnty201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">6</font><font style="display: inline;">, for </font><font style="display: inline;">the following purposes:</font>
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		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"><p style="width:54pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> 1.</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">o elect </font><font style="display: inline;color:#000000;">two</font><font style="display: inline;color:#000000;"> Class I director</font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;"> to our Board of Directors;</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 54pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"><p style="width:54pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> 2.</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">o ratify the appointment of Deloitte &amp; Touche LLP as our independent registered public accounting firm for the year ending December 31, 201</font><font style="display: inline;color:#000000;">6</font><font style="display: inline;color:#000000;">; &nbsp;</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"><p style="width:54pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> 3.</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">o consider and vote upon a proposal to approve an advisory (non-binding) resolution regarding the compensation of the Company&#x2019;s named executive officers; </font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"><p style="width:54pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> 4.</font>
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		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">To approve and adopt the Century Casinos, Inc. 2016 Equity Incentive Plan; and</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:54pt;"><p style="width:54pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> 5.</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">o transact such other business as may properly come before the meeting in accordance with our bylaws or any adjournment or postponement thereof.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">Stockholder</font><font style="display: inline;color:#000000;">s are cordially invited to attend the meeting in person via the Internet by going to the following web address:</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">www.virtualshareholdermeeting.com/cnty</font><font style="display: inline;color:#000000;">201</font><font style="display: inline;color:#000000;">6</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">Only those </font><font style="display: inline;color:#000000;">stockholder</font><font style="display: inline;color:#000000;">s of record owning shares of our common stock at the close of business on April 1</font><font style="display: inline;color:#000000;">1</font><font style="display: inline;color:#000000;">, 201</font><font style="display: inline;color:#000000;">6</font><font style="display: inline;color:#000000;"> are entitled to notice of and to vote at the Annual Meeting and any adjournment or postponement of the Annual Meeting. A complete list of these </font><font style="display: inline;color:#000000;">stockholder</font><font style="display: inline;color:#000000;">s will be available for ten days prior to the meeting at the office of our Corporate Secretary at 455 E. Pikes Peak Ave</font><font style="display: inline;color:#000000;">.</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;"> Suite 210, Colorado Springs, Colorado 80903, and at the Annual Meeting.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">If you attend </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">the Annual Meeting via the live webcast, go to www.virtualshareholdermeeting.com/cnty201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">6</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">&nbsp;</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">at least 15 minutes prior to the start time to register. Click on the link to the audio-only webcast on that page and a script will take you through the steps necessary to access the webcast. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">You will need to h</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">ave your proxy card when you access the website. You will be prompted to enter your control number to create and submit an electronic ballot. </font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">Our proxy statement is enclosed. </font><font style="display: inline;color:#000000;">Stockholder</font><font style="display: inline;color:#000000;">s who cannot attend the meeting via Internet should vote by using the enclosed proxy card. Please fill-in, date, sign and return the enclosed proxy card in the enclosed envelope so that your shares may be voted at the meeting. If you attend the meeting via</font><font style="display: inline;color:#000000;"> the</font><font style="display: inline;color:#000000;"> Internet, you may revoke your proxy and vote in person. Your vote is important. </font>
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		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">By order of the Board of Directors,</font>
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		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">/s/ Margaret Stapleton</font>
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		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">Margaret Stapleton </font>
		</p>
		<p style="margin:0pt 0pt 0pt 252pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">Executive Vice President and Corporate Secretary</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">Colorado Springs, Colorado</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">April </font><font style="display: inline;color:#000000;">29</font><font style="display: inline;color:#000000;">, 201</font><font style="display: inline;color:#000000;">6</font>
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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;"> 455 E. Pikes Peak Ave., Suite 210</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Colorado Springs, CO 80903</font>
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			<font style="display: inline;font-weight:bold;">PROXY STATEMENT</font>
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			<font style="display: inline;font-weight:bold;">Annual Meeting of </font><font style="display: inline;font-weight:bold;">Stockholder</font><font style="display: inline;font-weight:bold;">s</font>
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			<font style="display: inline;font-weight:bold;">To Be Held on June </font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">, 201</font><font style="display: inline;font-weight:bold;">6</font>
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			<font style="display: inline;">This proxy statement is furnished in connection with the solicitation of proxies by the Board of Directors (the &#x201C;Board&#x201D;) of Century </font><font style="display: inline;">Casinos, Inc. for the Annual Meeting of </font><font style="display: inline;">Stockholder</font><font style="display: inline;">s (&#x201C;Annual Meeting&#x201D;) to be held via the Internet </font><font style="display: inline;">at </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">www.virtualshareholdermeeting.com/cnty201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">6</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">on </font><font style="display: inline;">Thursday</font><font style="display: inline;">, June </font><font style="display: inline;">9</font><font style="display: inline;">, 201</font><font style="display: inline;">6</font><font style="display: inline;">,</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">at </font><font style="display: inline;">8</font><font style="display: inline;">:00</font><font style="display: inline;"> a.m. Mountain Time (</font><font style="display: inline;">4</font><font style="display: inline;">:00 p.m. Central European Time), for the purposes set forth in the accompanying Notice of Annual Meeting of </font><font style="display: inline;">Stockholder</font><font style="display: inline;">s. The enclosed materials were first mailed on or about </font><font style="display: inline;">May </font><font style="display: inline;">2</font><font style="display: inline;">, 201</font><font style="display: inline;">6</font><font style="display: inline;"> to our </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;">s of record as of April 1</font><font style="display: inline;">1</font><font style="display: inline;">, 201</font><font style="display: inline;">6</font><font style="display: inline;">. &nbsp;</font>
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			<font style="display: inline;">The matters to be brought before the Annual Meeting are proposals to elect </font><font style="display: inline;">two</font><font style="display: inline;"> Class I director</font><font style="display: inline;">s</font><font style="display: inline;"> to our Board of Directors, ratify the appointment of our independent registered public accounting firm for the year ending December 31, 201</font><font style="display: inline;">6</font><font style="display: inline;">, approve an advisory (non-binding) resolution regarding the compensation of our named executive officers</font><font style="display: inline;">, approve and adopt the Century Casinos, Inc. 2016 Equity Incentive Plan (the &#x201C;2016 Plan&#x201D;)</font><font style="display: inline;"> and the transaction of such other business that properly comes before the meeting.</font>
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			<font style="display: inline;">All properly executed proxies received prior to the Annual Meeting will be voted at the Annual Meeting. If a </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;"> directs how a proxy is to be voted with respect to the business coming before the Annual Meeting, the proxy will be voted in accordance with the </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;">&#x2019;s directions. If a </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;"> does not direct how a proxy is to be voted, it will be voted in favor of the election of the </font><font style="display: inline;">two</font><font style="display: inline;"> Class I director nominee</font><font style="display: inline;">s</font><font style="display: inline;"> to the Board named in this proxy statement, for the ratification of </font><font style="display: inline;color:#000000;">Deloitte &amp; Touche LLP </font><font style="display: inline;">as our independent registered public accounting firm for the year ending December 31, 201</font><font style="display: inline;">6</font><font style="display: inline;">, for the approval of the advisory (non-binding) resolution regarding the compensation of our named executive officers, </font><font style="display: inline;">for the approval and adoption of the 2016 Plan, </font><font style="display: inline;">and in the proxy holder&#x2019;s discretion in accordance with our bylaws for any o</font><font style="display: inline;">ther matters properly presented</font><font style="display: inline;"> to be considered at the Annual Meeting. A proxy may be revoked at any time before it is exercised by giving written notice to our Corporate Secretary at the above address or by delivery of a subsequently executed proxy. </font><font style="display: inline;">Stockholder</font><font style="display: inline;">s may vote their shares in person if they attend the Annual Meeting, even if they have executed and returned a proxy. </font><font style="display: inline;">Stockholder</font><font style="display: inline;">s will not be able to vote their shares by phone at the meeting. </font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Proxies are being solicited by mail, and, in addition, our directors, officers and regular employees (who will not receive any additional compensation) may solicit proxies personally, by telephone, by email, or by special correspondence. We will reimburse brokerage firms and others for their expenses in forwarding proxy materials to the benefic</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">ial owners of our common stock</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. All expenses involved in preparing, assembling and mailing this proxy statement and the enclosed material</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> and</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">in connection with the solicitation of proxies in regard to the proposals brought forward by us and included in this proxy statement </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">will be paid by us. </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Stockh</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">olders to be held on June </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">9</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">, 201</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">6</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">.</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">This proxy statement and the annual report to </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">tockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s are available at </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;text-decoration:underline;">www.proxyvote.com</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. None of the information contained in our annual report is proxy solicitation material. </font>
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			<font style="display: inline;font-weight:bold;">VOTING SECURITIES</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Only </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">tockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s of record at the close of business on April 1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">6</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> will be entitled to vote at the Annual Meeting. On that date, there were </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">24,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">431,120</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> shares outstanding of our common stock, our only class of voting securities. Each share of common stock is entitled to one</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> vote per share. Cumulative voting in the election of directors is not permitted.</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">4</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;;font-size: 14pt"><font style="display: inline;"></font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">The holders of a majority of our issued and outstanding shares of common stock, represented either in person or by proxy and entitled to vote at the meeting, will constitute a quorum for the transaction of business at the Annual Meeting. </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">A</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> vote of the holders of a majority of the common stock present, either in person or by proxy, and entitled to vote, is required to elect the Class I director nominee</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, to ratify the appointment of Deloitte &amp; Touche LLP as our independent registered public accounting firm for fiscal year 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">6</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> to approve the advisory (non-binding) resolution regarding the compensation of our named executive officers</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> and to approve and adopt the 2016 Plan</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. &nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">A</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">tockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> entitled to vote </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">may abstain from voting for nominees for director in</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> the election of directors </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">and may abstain from voting on any of the other proposals</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. Abstentions are counted for purposes of determining a quorum to conduct business.</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> Abstentions will</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">have the effect of a vote &#x201C;against&#x201D; a proposal, since an abstention represents a share entitled to vote and is included in the denominator in determining the percentage approved. </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">The inspectors of election will treat broker non-votes, which are shares held by brokers or nominees for which the broker or nominee has no discretionary power to vote on a particular matter and for which they have received no instructions from the beneficial owners or persons entitled to vote, as shares that are present for purposes of determining the presence of a quorum. However, for purposes of determining the outcome of any matters as to which the broker has indicated on the proxy that it does not have discretionary authority to vote, including the election of directors, those shares will be treated as not entitled to vote with respect to that matter (even though those shares may be entitled to vote on other matters). </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">STOCKHOLDER</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;"> PROPOSALS</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">If you are a </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">tockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> who wishes to present a proposal for inclusion in the proxy statement and form of proxy for consideration at our 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">7</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> Annual Meeting of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Stockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s, you must submit your proposals to the attention of our Corporate Secretary at our executive office at 455 E. Pikes Peak Ave., Suite 210, Colorado Springs, Colorado 80903, so that the proposal is received by us no later than </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">January </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">2</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 2017</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. In order for a </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">tockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> proposal to be properly considered at the 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">7</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> Annual Meeting, our Corporate Secretary must have received notice of the proposal no sooner than </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">December 1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 2016</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> and no later than </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">February 9, 2017</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, in accordance with our amended and restated bylaws. Proposals received by us before </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">December 1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 2016</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> or after </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">February 9, 2017</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> will be deemed untimely and will not be considered at the 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">7</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> Annual Meeting.&nbsp; </font>
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			<font style="display: inline;font-weight:bold;">STOCKHOLDER</font><font style="display: inline;font-weight:bold;"> COMMUNICATIONS AND DIRECTOR NOMINATIONS</font>
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			<font style="display: inline;">Stockholder</font><font style="display: inline;">s or other interested parties may communicate with our Board, any individual director, or members of any </font><font style="display: inline;">B</font><font style="display: inline;">oard committee. </font><font style="display: inline;">Stockholder</font><font style="display: inline;">s should send any communications to </font><font style="display: inline;text-decoration:underline;">investor@cnty.com</font><font style="display: inline;">, and identify the intended recipient or recipients. All communications addressed to the Board or any identified director or directors will be forwarded to the identified person or persons.</font>
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			<font style="display: inline;">In order to nominate candidates for election to our Board, nominations must be timely received from a </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;"> of record at our executive office at 455 E. Pikes Peak Ave., Suite 210, Colorado Springs, Colorado 80903, as described above under &#x201C;</font><font style="display: inline;">Stockholder</font><font style="display: inline;"> Proposals&#x201D;, and must set forth the name, age, business address and residence address of each nominee, the nominees&#x2019; principal occupation or employment, the number of shares of our common stock owned by each nominee, and any other information regarding each nominee required to be disclosed by applicable laws. The nomination must also state the name and address of the </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;"> making such nominations and the number of shares of common stock owned by such person. </font>
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		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;;font-size: 10pt"><font style="display: inline;font-weight:normal;"></font><font style="display: inline;font-family:Times New Roman;">PROPOSAL </font><font style="display: inline;font-family:Times New Roman;">NO. </font><font style="display: inline;font-family:Times New Roman;">1</font>
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			<font style="display: inline;font-family:Times New Roman;">ELECTION OF DIRECTORS</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Our Board is divided into three classes of directors as nearly equal in number as possible. Each director who is elected at an Annual Meeting will be elected for a three-year term expiring at the third Annual Meeting of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">tockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s after such director&#x2019;s election. Accordingly, directors of one class only are elected at each year&#x2019;s Annual Meeting of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">tockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s. All nominees, if elected, will serve until the expiration of their respective three-year terms or until their successors are duly elected and qualified. Our Board consists of five directors in three classes as follows: (i) two Class I directors, Mr. Robert S. Eichberg and Dr. Dinah Corbaci, whose terms will expire at the 2016 Annual Meeting; (ii) one Class II director, Mr. Peter Hoetzinger, whose term will expire at the 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">7</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> Annual Meeting; and (iii) two Class III directors, Dr. Erwin Haitzmann and Mr. Gottfried Schellmann, who</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">se terms will expire at the 2018</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> Annual Meeting.&nbsp; </font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Based on the recommendations of our Governance and Nominating Committee, the Board has nominated </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Mr. Robert S. Eichberg and Dr. Dinah Corbaci</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> for election as Class </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">I</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> director</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> to serve for three-year term</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> expiring at the 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">9</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> Annual Meeting of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">tockholder</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s. </font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Mr. Eichberg</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> is presently a member of the Board of Directors, having served continuously as a director since </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">January 1997</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Dr. Corbaci</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> is presently a member of the Board of Directors, having served continuously as</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> &nbsp;a</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> director since </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">April 2000</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Mr. Eichberg and Dr. Corbaci</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> have</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> indicated a willingness to serve; however, in the event </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">a nominee</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> become</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> unable to serve as a director, all proxies will be voted in accordance with the best judgment of the persons acting under such proxies.</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Further information concerning </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Mr. Eichberg and Dr.</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> Corbaci</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, the nominee</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> for the Class I director</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">is</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> set forth below under &#x201C;Information Concerning Executive Officers and Directors.&#x201D;</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Vote Required</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">The affirmative vote of a majority of our common stock present, either in person or by proxy, and entitled to vote is required to elect each director. </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Abstentions effectively count as a vote against a nominee. </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Broker non-votes will have no effect on the outcome of the proposal. Proxies cannot be voted for a greater number of directors than the number nominated. </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">THE BOARD RECOMMENDS A VOTE </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;text-decoration:underline;">FOR</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;"> THE ELECTION OF THE ABOVE NOMINEE</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">S</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;"> AS CLASS I DIRECTOR</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">S</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">.</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">6</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 0pt 16pt;text-align:left;line-height:normal;text-indent:-16pt;text-justify:inter-ideograph;font-family:Times;;font-size: 10pt"><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">INFORMATION CONCERNING EXECUTIVE OFFICERS AND DIRECTORS</font>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">Information regarding our Board and other executive officers of the Company as of April 17, 201</font><font style="display: inline;">5</font><font style="display: inline;"> is as follows:</font><font style="display: inline;"></font></font>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:70pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&nbsp;</font></font>
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						<font style="display: inline;font-weight:bold;text-decoration:underline;">Name</font></p>
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						<font style="display: inline;font-weight:bold;text-decoration:underline;">Age</font></p>
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						<font style="display: inline;font-weight:bold;text-decoration:underline;">Position Held</font></p>
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						<font style="display: inline;">Erwin Haitzmann</font></p>
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						<font style="display: inline;">6</font><font style="display: inline;">2</font></p>
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						<font style="display: inline;">Chairman of the Board and </font></p>
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						<font style="display: inline;">Co Chief Executive Officer</font></p>
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						&nbsp;</p>
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						<font style="display: inline;">Peter Hoetzinger</font></p>
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						<font style="display: inline;">5</font><font style="display: inline;">3</font></p>
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						<font style="display: inline;">Vice Chairman of the Board,</font><br /><font style="display: inline;">Co Chief Executive Officer and President</font></p>
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						<font style="display: inline;">Robert S. Eichberg</font></p>
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						<font style="display: inline;">6</font><font style="display: inline;">9</font></p>
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						<font style="display: inline;">Director</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Gottfried Schellmann</font></p>
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						<font style="display: inline;">6</font><font style="display: inline;">2</font></p>
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						<font style="display: inline;">Director</font></p>
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				<td valign="top" style="width:136.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
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						<font style="display: inline;">Dinah Corbaci</font></p>
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						<font style="display: inline;">6</font><font style="display: inline;">1</font></p>
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						<font style="display: inline;">Director</font></p>
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				<td valign="top" style="width:136.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
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						<font style="display: inline;">Margaret Stapleton</font></p>
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						<font style="display: inline;">5</font><font style="display: inline;">4</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Executive Vice President, Principal Financial/Accounting Officer and Corporate Secretary</font></p>
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						<font style="display: inline;">Andreas Terler </font></p>
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						<font style="display: inline;">4</font><font style="display: inline;">7</font></p>
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						<font style="display: inline;">Managing </font><font style="display: inline;color:#000000;">Director</font><font style="display: inline;color:#000000;"> of</font><font style="display: inline;color:#000000;"> Century Casinos Europe GmbH,</font><br /><font style="display: inline;color:#000000;">Vice President Operations,</font><br /><font style="display: inline;color:#000000;">Chief Information Officer</font></p>
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			<font style="display: inline;font-weight:bold;">Erwin Haitzmann</font><font style="display: inline;"> holds a Doctorate and a Masters degree in Social and Economic Sciences from the University of Linz, Austria (1980</font><font style="display: inline;">). Dr. Haitzmann has extensive casino gaming experience ranging from dealer to various casino management positions and has served on numerous casino company boards worldwide. Dr. Haitzmann has been employed full-time by us since May 1993 and has been employed as either our Chief Executive Officer or Co Chief Executive Officer since March 1994. Dr. Haitzmann has served as a director since March 1994. In determining that Dr.&nbsp;Haitzmann should serve as a director, the Board identified Dr. Haitzmann's extensive experience in the gaming industry </font><font style="display: inline;">and general executive management experience. In determining that Dr. Haitzmann should serve as Chairman of the Board, the Board identified Dr. Haitzmann&#x2019;s length of service with us, his vast and extensive knowledge of the domestic and international casino industry and his knowledge of our overall business.</font>
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			<font style="display: inline;font-weight:bold;">Peter Hoetzinger</font><font style="display: inline;"> received a Masters degree from the University of Linz, Austria (1986). Thereafter, he was employed in several managerial positions in the gaming industry with Austrian casino companies</font><font style="display: inline;"> and has served on numerous casino company boards worldwide</font><font style="display: inline;">. Mr. Hoetzinger has been employed full-time by us since May 1993</font><font style="display: inline;">.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">H</font><font style="display: inline;">e has </font><font style="display: inline;">served as</font><font style="display: inline;"> our </font><font style="display: inline;">P</font><font style="display: inline;">resident since 2000</font><font style="display: inline;"> and our Co Chief Executive Officer since March 2005. Mr. Hoetzinger has served as a director since March 1994. In determining that Mr. Hoetzinger should serve as a director, the Board identified Mr. Hoetzinger&#x2019;s extensive experience in the domestic and international casino industry, general executive management experience and his knowledge of our overall business.</font>
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			<font style="display: inline;font-weight:bold;">Robert S. Eichberg</font><font style="display: inline;"> graduated from Bradley University in 1968 with a B.S. Degree in Accounting and </font><font style="display: inline;">is a Certified Public Accountant.</font><font style="display: inline;"> He was employed by the public accounting firm of Deloitte &amp; Touche, LLP from 1974 to 1994, ending his tenure there as tax partner. From 1994 to 1996, he served as tax partner for the public accounting firm</font><font style="display: inline;"> of</font><font style="display: inline;"> Price Bednar LLP</font><font style="display: inline;">. In 1996, </font><font style="display: inline;">he</font><font style="display: inline;"> joined</font><font style="display: inline;"> the public accounting firm of Causey Demgen &amp; Moore, </font><font style="display: inline;">P.C</font><font style="display: inline;">.</font><font style="display: inline;">,</font><font style="display: inline;"> where </font><font style="display: inline;">he </font><font style="display: inline;">will</font><font style="display: inline;"> be employed as</font><font style="display: inline;"> &nbsp;a</font><font style="display: inline;"> principal</font><font style="display: inline;"> until his retirement in June 2016</font><font style="display: inline;">. Mr. Eichberg has served as a director since January 1997. In determining that Mr. Eichberg should serve as a director, the Board identified Mr. Eichberg&#x2019;s extensive financial, accounting and general executive management experience.</font>
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			<font style="display: inline;font-weight:bold;">Gottfried Schellmann</font><font style="display: inline;"> graduated from University of Vienna with a </font><font style="display: inline;">L</font><font style="display: inline;">aw degree and is a </font><font style="display: inline;">C</font><font style="display: inline;">ertified </font><font style="display: inline;">T</font><font style="display: inline;">ax </font><font style="display: inline;">A</font><font style="display: inline;">dvisor in Austria. After having worked for several firms, including KPMG Germany, as a tax and accounting manager, he formed Schellmann &amp; Partner in 1993, where he specialized in tax and accounting work for provinces and municipalities in Austria. In 1999, he sold Schellmann &amp; Partner to KPMG and served from 1999 to 200</font><font style="display: inline;">8</font><font style="display: inline;"> as a partner. </font><font style="display: inline;">He was a part of the Confederation Fiscale Europeenne, the umbrella organization of the European Associations of Tax Advisors in Brussels, Germany, from 1994 to 2014, holding </font><font style="display: inline;">roles</font><font style="display: inline;"> as a representative</font><font style="display: inline;"> on the Tax Committee</font><font style="display: inline;"> from 1994</font><font style="display: inline;"> to </font><font style="display: inline;">2004, Chair of the </font><font style="display: inline;">I</font><font style="display: inline;">ndirect </font><font style="display: inline;">T</font><font style="display: inline;">ax </font><font style="display: inline;">C</font><font style="display: inline;">ommittee from 2005</font><font style="display: inline;"> to </font><font style="display: inline;">2008, Chair of the </font><font style="display: inline;">T</font><font style="display: inline;">ax </font><font style="display: inline;">Committee from 2009 to </font><font style="display: inline;">2012 and Vice President from 2013</font><font style="display: inline;"> to </font><font style="display: inline;">2014. </font><font style="display: inline;">Since </font><font style="display: inline;">2009, he </font><font style="display: inline;">has been a partner in </font><font style="display: inline;">Mueller &amp; Schellmann, a boutique tax advisory company</font><font style="display: inline;"> that he formed</font><font style="display: inline;"> with a partner</font><font style="display: inline;"> in 2009</font><font style="display: inline;">. He is also currently</font><font style="display: inline;"> a member of the Worshipful Company of Tax Advisors in London. </font><font style="display: inline;">He is one of the main co-authors, together with certain officers of the Austrian Ministry of Finance, of the Austrian corporate tax code. Mr. Schellmann has served as a director since January 1997. In determining that Mr. Schellmann should serve as a director, the Board identified Mr. Schellmann&#x2019;s extensive experience in international taxation, risk management, oversight and his general executive management experience.</font>
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			<font style="display: inline;font-weight:bold;">Dinah Corbaci</font><font style="display: inline;"> holds a Doctorate degree in Law from the University of Salzburg, Austria (1981). After her practice on the Austrian Court in Salzburg, she began working at IBM in 1984 where she served as Account Manager for large Austrian governmental customers. During her tenure at IBM from 1984 to 2009, she was responsible for all Austrian governmental customers concerning their strategic hardware development. As Software Account Manager for Software and Solutions, Dr. Corbaci was responsible for Austrian governmental customers&#x2019; application modernization and compliance with guidelines for the use of such software. In August 2009, Dr. Corbaci established her own private consulting firm, Dinah Corbaci Consulting for Information Technology. Dr. Corbaci has served as a director since April 2000. In determining that Dr. Corbaci should serve as a director, the Board identified Dr. Corbaci&#x2019;s extensive experience with e-business solutions, transactions with governmental authorities, risk management, oversight and her general executive management experience.</font>
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			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:bold;color:#000000;text-decoration:none;">Margaret Stapleton </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">was appointed Executive Vice President and Principal Financial/Accounting Officer and Corporate Secretary, effective May 2010. She holds a Bachelor of Science degree in Accounting from Regis University, Denver, Colorado (2004) and has over 30 years of experience in corporate accounting and internal audit. Mrs. Stapleton has been employed by us since 2005, including previously serving as our Director of Internal Audit and Compliance</font><font style="display: inline;font-family:Times New Roman;"> from 2005 to 2010</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">.</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">Andreas Terler </font><font style="display: inline;color:#000000;">is a Graduate Engineer in Applied Mathematics from the University of Graz, Austria (1994). Mr. Terler has more than </font><font style="display: inline;color:#000000;">ten</font><font style="display: inline;color:#000000;"> years of casino industry experience. In 2010, Mr. Terler began overseeing our operations in North America, on our cruise ship-based casinos and our Caribbean operations. He has </font><font style="display: inline;color:#000000;">served as </font><font style="display: inline;color:#000000;">our Chief Information Officer since 2006. Mr. Terler has been employed by us since </font><font style="display: inline;color:#000000;">2006.&nbsp; </font>
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			<font style="display: inline;">There are no family relationships between or among our directors or executive officers. </font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">We have adopted a Code of Business Conduct and Ethics that applies to all directors</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, executive officers and employees</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. A complete text of this Code of Business Conduct and Ethics is available on </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">the Corporate &#x2013; Corporate Governance section of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">our website (</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;text-decoration:underline;">www.cnty.com</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">). Any future amendments to or waivers of the Code of </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Business Conduct and </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Ethics will be posted to the Corporate &#x2013; Corporate Governance section of our website. </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">The following table sets forth information as of April 1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">6</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, concerning common stock ownership by (i) beneficial owners of more than five percent (5%) of our outstanding common stock that have publicly disclosed their ownership, (ii) each named executive officer and each member of our Board, and (iii) all of our executive officers and directors as a group. The number of shares indicated as beneficially owned by each person listed below is calculated pursuant to Rule&nbsp;13d-3(d) of the Securities Exchange Act of 1934, as amended (the &#x201C;Exchange Act&#x201D;). Under Rule&nbsp;13d-3(d), shares not outstanding that are subject to options, warrants, rights or conversion privileges exercisable within 60&nbsp;days are deemed outstanding for the purpose of calculating the number and percentage owned by such person, but are not deemed outstanding for the purpose of calculating the percentage owned by each other person listed. Accordingly, share ownership includes shares that may be acquired upon the exercise of options, warrants, rights or conversion privileges </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">that are exercisable on April 11</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">6</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, or will become exercisable within 60&nbsp;days of that date</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (by June </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">10, 2016</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">)</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. The percentage ownership of each person listed below is based on the </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">24,431,120</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> shares outstanding as of April 1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">1</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">, 201</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">6</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">. Unless otherwise indicated in the footnotes and subject to community property laws where applicable, each of the named persons</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> or entities</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> has sole voting and investment power with respect to the shares shown as beneficially owned.</font>
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					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">&#xFEFF;</font></p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:74.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:85.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:2pt double #000000 ;border-right:1pt solid #000000 ;height:48.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Name and Address</font></p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">of Beneficial Owner</font></p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:2pt double #000000 ;border-right:1pt solid #000000 ;height:48.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Amount and</font></p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Nature of beneficial Ownership</font></p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:2pt double #000000 ;border-right:1pt solid #000000 ;height:48.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Percent of</font></p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Class</font></p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:202.80pt;border-top:2pt double #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt solid #000000 ;height:19.64pt;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">&#xFEFF;</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Directors and Executive Officers</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:74.10pt;border-top:2pt double #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt solid #000000 ;height:19.64pt;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:85.50pt;border-top:2pt double #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt solid #000000 ;height:19.64pt;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt none #D9D9D9 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Erwin Haitzmann</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">c/o Century Casinos Europe GmbH</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Untere Viaduktgasse 2</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">1030 Vienna</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Austria/Europe</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">1,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">575</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">,000</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (a)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">6.4</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">%</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Peter Hoetzinger</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">c/o Century Casinos Europe GmbH</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Untere Viaduktgasse 2</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">1030 Vienna</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Austria/Europe </font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">1,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">442,397</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (b)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">5</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">.9</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">%</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Robert S. Eichberg</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">461 White Horse Trail</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Palm Desert, CA 92211</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">93,252</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (c)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">*</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Gottfried Schellmann</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Riemerschmidg 30</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">2340 Maria Enzersdorf</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Austria/Europe</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">83,000</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (d)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">*</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Dinah Corbaci</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Blechturmgasse 28/31</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">1040 Vienna </font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Austria/ Europe</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">62,000</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (e)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">*</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Margaret Stapleton </font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">c/o Century Casinos, Inc.</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">455 E. Pikes Peak Ave., Suite 210</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Colorado Springs, CO 80903</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">58,951</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (f)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">*</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:47.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Andreas Terler</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">c/o Century Casinos Europe GmbH</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Untere Viaduktgasse 2</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">1030 Vienna</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Austria/Europe </font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:47.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">43,233</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (g)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:47.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">*</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:47.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">All Directors and Executive Officers </font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">as a Group (seven persons)</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;overflow: hidden;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:47.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">3,357,833</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:47.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">13.</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">7</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">%</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">5% or Greater Beneficial Owners</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Ariel Investments, LLC</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">200 E. Randolph Street, Suite 2900</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Chicago, IL 60601</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">3,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">316,958</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (h)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">13.6</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">%</font></p>
				</td>
			</tr></table>
		<p><font size="1"> </font></p><div style="width:100%">

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">9</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Wells Fargo &amp; Company</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">420 Montgomery Street</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">San Francisco, CA 94104</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">2,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">425,446</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (i)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">9.</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">9</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">%</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:202.80pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Wellington Management Group LLP</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">c/o Wellington Management Company LLP</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">280 Congress Street</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Boston, MA 02210</font></p>
					<p style="margin:0pt;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 14pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:74.10pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">1,926,787</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (j)</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">7.</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">9</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">%</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">*</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">Less than 1%.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(a)</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;"></font><font style="display: inline;font-family:Times New Roman;">Flyfish Management </font><font style="display: inline;font-family:Times New Roman;">&amp;</font><font style="display: inline;font-family:Times New Roman;"> Consulting</font><font style="display: inline;font-family:Times New Roman;"> AG owns 1,350,000 of the reported shares (see &#x201C;Executive Agreements&#x201D;).</font><font style="display: inline;font-family:Times New Roman;"> Dr. Haitzmann </font><font style="display: inline;font-family:Times New Roman;">has</font><font style="display: inline;font-family:Times New Roman;"> options to purchase </font><font style="display: inline;font-family:Times New Roman;">225,0</font><font style="display: inline;font-family:Times New Roman;">00</font><font style="display: inline;font-family:Times New Roman;"> shares</font><font style="display: inline;font-family:Times New Roman;"> of our common stock that are exercisable on or before June 1</font><font style="display: inline;font-family:Times New Roman;">0</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;">.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(b)</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">The Hoetzinger Family Foundation owns 94,397 of the reported shares (see &#x201C;Certain Relationships and Related Transactions&#x201D;). Focus Lifestyle </font><font style="display: inline;font-family:Times New Roman;">and</font><font style="display: inline;font-family:Times New Roman;"> Entertainment AG owns 1,123,000 of the reported shares (see &#x201C;Executive Agreements&#x201D;). Mr. Hoetzinger </font><font style="display: inline;font-family:Times New Roman;">has</font><font style="display: inline;font-family:Times New Roman;"> options to purchase </font><font style="display: inline;font-family:Times New Roman;">225,000</font><font style="display: inline;font-family:Times New Roman;"> shares</font><font style="display: inline;font-family:Times New Roman;"> of our common stock that are exercisable on or before June 1</font><font style="display: inline;font-family:Times New Roman;">0</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;">.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(c)</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">Includes </font><font style="display: inline;font-family:Times New Roman;">32,500</font><font style="display: inline;font-family:Times New Roman;"> shares of our common stock issuable upon exercise of stock options that are exercisable on or before June 1</font><font style="display: inline;font-family:Times New Roman;">0</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;">.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(d)</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">Includes </font><font style="display: inline;font-family:Times New Roman;">(i) </font><font style="display: inline;font-family:Times New Roman;">7,500</font><font style="display: inline;font-family:Times New Roman;"> shares of our common stock issuable upon exercise of stock options that are exercisable on or before June 1</font><font style="display: inline;font-family:Times New Roman;">0</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;"> and (ii) 15,500 shares of our common stock that Mr. Schellman has pledged as collateral in connection with a property acquisition</font><font style="display: inline;font-family:Times New Roman;">.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(e)</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">Includes </font><font style="display: inline;font-family:Times New Roman;">26,700</font><font style="display: inline;font-family:Times New Roman;"> shares of our common stock issuable upon exercise of stock options that are exercisable on or before June 1</font><font style="display: inline;font-family:Times New Roman;">0</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;">.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 35.1pt;text-indent: -17.1pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-17.1pt; padding-right:7pt;"><font style="display: inline;font-family:Times New Roman;">(f)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Includes </font><font style="display: inline;font-family:Times New Roman;">55,95</font><font style="display: inline;font-family:Times New Roman;">1 shares of our common stock issuable upon exercise of stock options that are exercisable on or before June 1</font><font style="display: inline;font-family:Times New Roman;">0</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 35.1pt;text-indent: -17.1pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-17.1pt; padding-right:6pt;"><font style="display: inline;font-family:Times New Roman;">(g)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;">Includes </font><font style="display: inline;font-family:Times New Roman;">35,000 shares of our common stock issuable upon exercise of stock options that are exercisable on or before June 1</font><font style="display: inline;font-family:Times New Roman;">0</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(h)</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">Based solely on a Schedule 13G/A filed on </font><font style="display: inline;font-family:Times New Roman;">February 1</font><font style="display: inline;font-family:Times New Roman;">2</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;"> Ariel Investments, LLC has sole voting power with respect to </font><font style="display: inline;font-family:Times New Roman;">2,447,099</font><font style="display: inline;font-family:Times New Roman;"> shares and sole dispositive power with respect to </font><font style="display: inline;font-family:Times New Roman;">3,316,958</font><font style="display: inline;font-family:Times New Roman;"> shares.</font>
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		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(i)</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">Based solely on a Schedule 13G/A filed on </font><font style="display: inline;font-family:Times New Roman;">January 27, 2016</font><font style="display: inline;font-family:Times New Roman;"> by Wells Fargo &amp; Company on its own behalf and on behalf of certain subsidiaries. Wells Fargo &amp; Company has (i) sole voting and dispositive power with respect to </font><font style="display: inline;font-family:Times New Roman;">10,216</font><font style="display: inline;font-family:Times New Roman;"> shares and (ii) shared voting and dispositive power with respect to </font><font style="display: inline;font-family:Times New Roman;">2,415,230</font><font style="display: inline;font-family:Times New Roman;"> shares</font><font style="display: inline;font-family:Times New Roman;">.</font>
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		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">(j)</font><font style="display: inline;font-family:Times New Roman;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;">Based solely on a Schedule 13G</font><font style="display: inline;font-family:Times New Roman;">/A</font><font style="display: inline;font-family:Times New Roman;"> filed on February 1</font><font style="display: inline;font-family:Times New Roman;">1</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">6</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;"> Wellington Management Group LLP has shared voting power with respect to </font><font style="display: inline;font-family:Times New Roman;">1,266,846</font><font style="display: inline;font-family:Times New Roman;"> shares and shared dispositive power with respect to </font><font style="display: inline;font-family:Times New Roman;">1,926,787</font><font style="display: inline;font-family:Times New Roman;"> shares.</font>
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			<font style="display: inline;font-weight:bold;">CERTAIN INFORMATION REGARDING THE BOARD </font>
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			<font style="display: inline;">The Board held </font><font style="display: inline;">two</font><font style="display: inline;"> meetings during 201</font><font style="display: inline;">5</font><font style="display: inline;">. Each director attended at least 75% of the meetings of the Board and of each committee on which he or she sits. A majority of our directors are independent directors, as required by the NASDAQ Capital Market (&#x201C;NASDAQ&#x201D;) listing standards. Our Board determines whether a director is independent through a broad consideration of facts and circumstances, including an assessment of the materiality of any relation between us and a director not merely from the director&#x2019;s standpoint, but also from that of persons or organizations with which the director has an affiliation. In making this determination, the Board adheres to the independence criteria defined by the NASDAQ listing standards and applicable SEC rules. Using these standards, our Board has determined that Robert S. Eichberg, Gottfried Schellmann and Dinah Corbaci qualify as independent directors.</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">10</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			<font style="display: inline;">Our policy regarding attendance by members of the Board at our Annual Meeting of </font><font style="display: inline;">stockholders</font><font style="display: inline;"> is to encourage directors to attend, either in person or by teleconference, subject to their availability during that time.&nbsp; </font><font style="display: inline;">Dr. Haitzmann was the only </font><font style="display: inline;">B</font><font style="display: inline;">oard member to </font><font style="display: inline;">attend the</font><font style="display: inline;"> 201</font><font style="display: inline;">5</font><font style="display: inline;"> Annual Meeting.</font>
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			<font style="display: inline;font-style:italic;">Audit Committee</font><font style="display: inline;">.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">We have an Audit Committee of the Board, comprised of Robert S. Eichberg (Chairman), Gottfried Schellmann and Dinah Corbaci, which is governed by an Amended and Restated Charter and Powers of the Audit Committee, a current copy of which can be found at </font><font style="display: inline;text-decoration:underline;">www.cnty.com</font><font style="display: inline;">. The Audit Committee selects and appoints our independent registered public accounting firm, reviews the performance of the independent registered public accounting firm, and approves the fees of the independent registered public accounting firm. The Audit Committee also reviews the independence of such accountants, our annual and quarterly financial statements and our system of internal controls. During 201</font><font style="display: inline;">5</font><font style="display: inline;">, the Audit Committee held four meetings.</font>
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			<font style="display: inline;">The Board and the Audit Committee believe that the Audit Committee&#x2019;s current composition satisfies the applicable rules and pronouncements of NASDAQ and the SEC that govern audit committee selection, experience and composition, including the requirement that all audit committee members be &#x201C;independent directors,&#x201D; as that term is defined by such rules. The Board has also determined that Robert S. Eichberg is an &#x201C;audit committee financial expert,&#x201D; as defined in applicable regulations of the SEC.</font>
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			<font style="display: inline;font-style:italic;">Compensation Committee</font><font style="display: inline;">.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">We have a Compensation Committee of the Board, which is comprised of Dinah Corbaci and Gottfried Schellmann, both of whom are independent Board members. The Compensation Committee operates pursuant to a written charter that was adopted by the Board, a current copy of which can be found at </font><font style="display: inline;text-decoration:underline;">www.cnty.com</font><font style="display: inline;">.</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:normal;">The Compensation Committee has responsibility to: (i) develop guidelines and review the compensation and performance of our executive officers</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">, and</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> review and approve corporate goals relevant to the compensation of our executive officers in light of our goals and objectives</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">; (ii) determine or recommend to the Board for determination the compensation of the</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> Co Chief Executive Officers and other executive officers based on this evaluation; (</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">i</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">ii) </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">review and discuss with man</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">agement our annual Compensation</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> Discussion and Analysis; (iv) make recommendations to the Board </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">regarding</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> inclusion of the Compensation Discussion and Analysis in our annual proxy statement; (v) </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">make recommendations to the </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">Equity </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">Incentive Plan Committee with respect to incentive</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">-</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">compensation plans and equity-based plans; (</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">v</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">i) develop plans for management succession; (v</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">ii</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">) review major organizational and staffing matters; (v</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">iii</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">) review director compensation levels and practices, and recommend, from time to time, changes in such compensation levels and practices to the Board; (</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">ix</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">) annually review and reassess the adequacy of the Compensation Committee&#x2019;s charter and recommend any proposed changes to the Board for approval; (</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">x</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">) annually review the Compensation Committee&#x2019;s own performance; and (</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">xi</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">) perform any other activities consistent with the Compensation Committee&#x2019;s charter, our bylaws and applicable laws, rules and regulations that the Compensation Committee or the Board deem appropriate.&nbsp; </font>
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			<font style="display: inline;">The Compensation Committee has the discretion to modify the recommendations and make the final decisions regarding material compensation to executive officers, including base pay, incentive pay (bonus) and equity awards.</font>
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			<font style="display: inline;">The Compensation Committee collaborates with our management team in reviewing the material terms of our existing compensation policies and programs for all employees and believes that such policies and programs do not encourage excessive risk-taking that is reasonably likely to result in a material adverse impact on us.</font>
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			<font style="display: inline;">In fulfilling its responsibilities, the Compensation Committee may delegate any of its responsibilities to one or more subcommittees or to one of its members as the Compensation Committee may deem appropriate in its sole discretion, to the extent permitted by NASDAQ</font><font style="display: inline;"> and SEC</font><font style="display: inline;"> rules and</font><font style="display: inline;"> any</font><font style="display: inline;"> other</font><font style="display: inline;"> applicable</font><font style="display: inline;"> rules and regulations. In addition, the Compensation Committee may engage external compensation consultants to assist in setting executive compensation, but did not do so in 201</font><font style="display: inline;">5</font><font style="display: inline;">. During 201</font><font style="display: inline;">5</font><font style="display: inline;">, the Compensation Committee held </font><font style="display: inline;">one</font><font style="display: inline;"> meeting.&nbsp; </font>
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			<font style="display: inline;font-style:italic;">Governance and Nominating Committee</font><font style="display: inline;">. &nbsp;</font><font style="display: inline;">We have a Governance and Nominating Committee comprised of Gottfried Schellmann (Chairman), Robert S. Eichberg and Dinah Corbaci. The Governance and Nominating Committee operates pursuant to a written charter that was adopted by the Board, a current copy of which can be found at </font><font style="display: inline;text-decoration:underline;">www.cnty.com</font><font style="display: inline;">. &nbsp;</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">11</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			<font style="display: inline;">The Governance and Nominating Committee has responsibility to: (i) develop and recommend to the Board a set of corporate governance principles applicable to us; (ii) advise the Board on corporate governance matters; (iii) develop and recommend to the Board criteria for the selection of candidates to serve on the Board; (iv) establish procedures for the identification and evaluation of any candidate for the Board, including any incumbent director; (v) establish procedures for stockholders to submit potential candidates for election to the Board; (vi) select and approve all nominees for Board membership; (vii) make recommendations as necessary regarding changes in the size and composition of the Board and each Board committee; (viii) make recommendations as necessary regarding the establishment of new Board committees and selection of directors to serve on each committee; (ix) develop and administer an annual Board and committee evaluation process; (x) annually review the Governance and Nominating Committee&#x2019;s own performance; and (xi) perform any other activities consistent with the Governance and Nominating Committee charter, our bylaws and applicable laws, rules and regulations that the Governance and Nominating Committee or the Board deem appropriate.</font>
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			<font style="display: inline;">The Governance and Nominating Committee will consider director nominees recommended by </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;">s under the same procedure used for considering director nominees recommended by management or other directors. See the &#x201C;</font><font style="display: inline;">Stockholder</font><font style="display: inline;"> Communications and Director Nominations&#x201D; section of this proxy statement for procedures to be followed by </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;">s to submit recommendations. </font>
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			<font style="display: inline;">In fulfilling its responsibilities, the Governance and Nominating Committee may engage external consultants up to an amount of $30,000 per year. No external consultants were used during 201</font><font style="display: inline;">5</font><font style="display: inline;">. We believe that our current Board members collectively possess diverse knowledge and experience in the disciplines that impact our business. Prior to nominating a new director candidate, our Governance and Nominating Committee considers the collective experience of the existing Board members. Based on this evaluation, the Nominating Committee nominates individuals who it believes can either strengthen the Board's sophistication and experience or further diversify the collective experience represented. Although the Board does not currently have a policy directly addressing director diversity, the Governance and Nominating Committee, guided by the Governance and Nominating Committee's charter, generally assesses the diversity of the Board and the effectiveness of its diversity considerations prior to nominating any addit</font><font style="display: inline;">ional candidates for director. </font><font style="display: inline;">During 201</font><font style="display: inline;">5</font><font style="display: inline;">, the Governance and Nominating Committee </font><font style="display: inline;">held </font><font style="display: inline;">one meeting</font><font style="display: inline;">.</font>
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			<font style="display: inline;">The general criteria that the Governance and Nominating Committee uses to select nominees are:</font>
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			<font style="display: inline;color:#000000;">Such individual&#x2019;s reputation for integrity, honesty and adherence to high ethical standards;</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Demonstrated business acumen, particularly in the casino industry;</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Experience and ability to exercise sound judgments in matters that relate to our current and long-term objectives;</font></p></td></tr></table></div>
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			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Willingness and ability to contribute positively to our decision making process;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
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			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Commitment to understanding us and our industry and to regularly attend and participate in meetings of the Board and its committees;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
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			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Interest and ability to understand the sometimes conflicting interests of our various constituencies, which include </font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;">tockholder</font><font style="display: inline;color:#000000;">s, employees, customers, governmental units, creditors, and the general public;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Ability to act in the interest of all stakeholders;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Shall not have, or appear to have, a conflict of interest that would impair the nominee&#x2019;s ability to represent the interests of all of our </font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;">tockholder</font><font style="display: inline;color:#000000;">s and to fulfill the responsibilities of a director; and </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Understanding of the complexity of diverse international business structures.</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">The Governance and Nominating Committee reviewed the qualifications of </font><font style="display: inline;color:#000000;">Mr.</font><font style="display: inline;color:#000000;"> Eichberg</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">D</font><font style="display: inline;color:#000000;">r.</font><font style="display: inline;color:#000000;"> Corbaci</font><font style="display: inline;color:#000000;">, whose term</font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;"> expire at the 201</font><font style="display: inline;color:#000000;">6</font><font style="display: inline;color:#000000;"> Annual Meeting, and have recommended to the Board that </font><font style="display: inline;color:#000000;">Mr. Eichberg</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">Dr. Corbaci</font><font style="display: inline;color:#000000;"> be re-elected to the Board for three-year term</font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;"> expiring at the 201</font><font style="display: inline;color:#000000;">9</font><font style="display: inline;color:#000000;"> Annual Meeting.</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">12</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;font-weight:bold;">BOARD LEADERSHIP STRUCTURE</font>
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			<font style="display: inline;font-size:10pt;">The Board does not have a policy regarding the separation of the roles of Co Chief Executive Officer and Chairman of the Board, as the Board believes it is in our best interests to make that determination based on our particular position and direction and the membership of the Board. The Board has determined that having our Co Chief Executive Officer</font><font style="display: inline;font-size:10pt;"> Dr. Haitzmann</font><font style="display: inline;font-size:10pt;"> serve as Chairman is in the best interest of our </font><font style="display: inline;font-size:10pt;">s</font><font style="display: inline;font-size:10pt;">tockholder</font><font style="display: inline;font-size:10pt;">s at this time. This structure makes the best use of the Co Chief Executive Officer&#x2019;s extensive knowledge of us and our industry, as well as fostering greater communication between our management and the Board. The combined role of Chairman and Co Chief Executive Officer is balanced by our governance structure, policies and controls. Three of the five members of our Board of Directors satisfy the requirements of independence promulgated by the SEC and NASDAQ, and the Audit, Compensation, and Governance and Nominating Committees are composed entirely of independent members of the Board. This structure encourages independent and effective oversight of our operations and prudent management of risk.</font>
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			<font style="display: inline;font-size:10pt;">The Board has not appointed a &#x201C;lead independent director&#x201D; due to the small size of the Board and because three of the five directors are independent. The Board therefore does not believe that a &#x201C;lead independent director&#x201D; would add significant value at this time. </font>
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			<font style="display: inline;font-weight:bold;">RISK OVERSIGHT</font>
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			<font style="display: inline;">Our Board of Directors administers its risk oversight function directly and through its committees.&nbsp; The Board has oversight responsibility for all risks and has various programs to oversee&nbsp;financial and business risks including (i) reviewing and discussing with management the quarterly and annual&nbsp;SEC filings, (ii) reviewing&nbsp;and discussing with management our business strategies and the related business plan, (iii) monitoring quarterly results, and (iv) reviewing and discussing with management results of our enterprise risk management program.&nbsp; </font>
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			<font style="display: inline;font-size:10pt;">Companies face a variety of risks, including credit risk, liquidity risk, and operational risk. The Board believes an effective risk management system will (i) timely identify the material risks that we face, (ii) communicate necessary information with respect to material risks to senior executives and, as appropriate, to the Board or relevant Board committee, (iii) implement appropriate and responsive risk management strategies consistent with our risk profile, and (iv) integrate risk management into our decision-making.</font>
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			<font style="display: inline;font-size:10pt;">The Board has designated the Audit Committee to take the lead in overseeing risk management</font><font style="display: inline;font-size:10pt;">.</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">T</font><font style="display: inline;font-size:10pt;">he Audit Committee makes periodic reports to the Board regarding briefings provided by management and advisors as well as the Committee&#x2019;s own analysis and conclusions regarding the adequacy of our risk management processes.</font>
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			<font style="display: inline;">The Compensation Committee administers compensation risk oversight through its oversight of compensation practices and the Compensation Committee&#x2019;s assessment of the potential impact of those practices on risk-</font><font style="display: inline;">taking. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The Compensation Committee does not believe that our compensation policies </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">and practices </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">create </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;background-color: #FFFFFF;">risks that are reasonably likely to have a material adverse effect on us.</font>
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			<font style="display: inline;font-size:10pt;">In addition to the formal compliance program, the Board encourages management to promote a corporate culture that incorporates risk management into our corporate strategy and day-to-day business operations. The Board also continually works with the input of our executive officers to assess and analyze the most likely areas of future risk for us. </font>
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			<font style="display: inline;font-weight:bold;">COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION</font>
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			<font style="display: inline;">During 2015, the members of the Compensation Committee were Mr. Gottfried Schellmann and Dr. Dinah Corbaci. Neither of these individuals are current or former officers of the Company or any of our subsidiaries. During 2015, none of our executive officers served as a director or member of a compensation committee (or other committee serving an equivalent function) of any other entity whose executive officers served as a director or member of our Compensation Committee.</font>
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			<font style="display: inline;font-weight:bold;">DIRECTOR COMPENSATION</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Directors who are neither our employees nor employees of any of our subsidiaries earn $2,000 for each meeting attended and for each gaming application completed. Directors are reimbursed for expenses reasonably incurred in connection with their service on the Board. </font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">13</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;;font-size: 10pt"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">In addition, Mr. Eichberg receives $10,000 per year for his work as Chairman of the Audit Committee.&nbsp;&nbsp;Mr. Schellmann and Dr. Corbaci each receive</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> an additional</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> $3,000 per year for their work as members of the Audit, Compensation and Governance and Nominating Committees.</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Our Amended and Restated 2005 Equity Incentive Plan</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> (the &#x201C;Amended 2005 Plan&#x201D;)</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> expired in June 2015. During 2015, we did not grant any</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> equity awards</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> to our n</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">on-employee independent directors.</font>
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			<font style="display: inline;">The following table sets forth the compensation of our non-employee directors for 201</font><font style="display: inline;">5</font><font style="display: inline;">:</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;text-decoration:underline;">DIRECTOR COMPENSATION TABLE</font>
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						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:23.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:26.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:18.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:31.94%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:36.00pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Name</font></p>
				</td>
				<td valign="bottom" style="width:23.60%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:36.00pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Fees Earned</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">or Paid in Cash</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($) </font></p>
				</td>
				<td valign="bottom" style="width:26.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:36.00pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Option Awards</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(1)</font></p>
				</td>
				<td valign="bottom" style="width:18.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:36.00pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Total</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:31.94%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:17.05pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Robert S. Eichberg</font></p>
				</td>
				<td valign="bottom" style="width:23.60%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:17.05pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">22,000&nbsp;
				</td>
				<td valign="middle" style="width:26.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:17.05pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="width:18.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:17.05pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">22,000&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:31.94%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:14.40pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Gottfried Schellmann</font></p>
				</td>
				<td valign="bottom" style="width:23.60%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:14.40pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">17,000&nbsp;
				</td>
				<td valign="middle" style="width:26.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:14.40pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="width:18.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:14.40pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">17,000&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:31.94%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:14.40pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Dinah Corbaci</font></p>
				</td>
				<td valign="bottom" style="width:23.60%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:14.40pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">17,000&nbsp;
				</td>
				<td valign="middle" style="width:26.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:14.40pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="width:18.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #FFFFFF;height:14.40pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">17,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">As of December 31, 201</font><font style="display: inline;color:#000000;">5</font><font style="display: inline;color:#000000;">, the following non-employee directors held options to purchase the following number of shares of our common stock: Mr. Eichberg</font><font style="display: inline;color:#000000;"> &nbsp;-</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">45</font><font style="display: inline;color:#000000;">,000 shares; Mr. Schellmann </font><font style="display: inline;color:#000000;">- &nbsp;</font><font style="display: inline;color:#000000;">26,250 </font><font style="display: inline;color:#000000;">shares; and Dr. Corbaci </font><font style="display: inline;color:#000000;">- &nbsp;</font><font style="display: inline;color:#000000;">42</font><font style="display: inline;color:#000000;">,500 shares.</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">COMPENSATION</font><font style="display: inline;font-weight:bold;color:#000000;"> DISCUSSION AND ANALYSIS</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Executive Summary</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">2015 Performance and Results. </font><font style="display: inline;color:#000000;">During 2015, we made progress on our </font><font style="display: inline;color:#000000;">business strategy of developing new international gaming opportunities. These included the following:</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">We opened Century Downs Racetrack and Casino (&#x201C;Century Downs&#x201D;) in April 2015.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">We began operating the southern Alberta pari-mutuel off-track horse betting network through Century Bets! Inc. (&#x201C;Century Bets&#x201D;) in May 2015.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">We started casino operations on three new cruise ships.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">We agreed with Norwegian Cruise Line Holdings (&#x201C;Norwegian&#x201D;) to terminate our concession agreements for eight ship-based casinos in exchange for total consideration of $6.0 million.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">These actions contributed significantly to our improved 2015 financial results, as follows:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Net operating revenue for the year ended December 31, 2015 was $134.4 million, a 12% increase compared to the year ended December 31, 2014</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Adjusted EBITDA* for the year ended December 31, 2015 was $23.5 million, an 83% increase compared to the year ended December 31, 2014</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Net earnings attributable to Century Casinos, Inc. shareholders for the year ended December 31, 2015 were $11.9 million, an 867% increase compared to the year ended December 31, 2014</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Earnings per share for the year ended December 31, 2015 were $0.49 compared to $0.05 for the year ended December 31, 2014.</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">*Adjusted EBITDA is a non-GAAP financial measure. For a discussion and reconciliation of Adjusted EBITDA to the most directly comparable measure under United States generally accepted accounting principles (&#x201C;GAAP&#x201D;), see Item 6. </font><font style="display: inline;color:#000000;">&#x201C;</font><font style="display: inline;color:#000000;">Selected Financial Data &#x2013; Non-GAAP Measures &#x2013; Adjusted EBITDA&#x201D; in our Annual Report on Form 10-K for the year ended December 31, 2015.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">14</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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

			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
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			<font style="display: inline;">Our named executive officers, along with many of our other employees, have worked diligently on developing these business opportunities, which we believe will contribute significantly to the success of our Company. For additional information, see &#x201C;2015 Company Business Developments&#x201D; below.&nbsp; </font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Revised Compensation and Governance Programs</font><font style="display: inline;">. In response to the 2015 &#x201C;Say-on-Pay&#x201D; vote on the compensation of our named executive officers, at the direction of the Compensation Committee and the Board, the Company has conducted significant outreach to our major stockholders that represent approximately 46% of our total stock ownership to elicit feedback and discuss any concerns they may have about our executive compensation programs and policies. As a result of the 2015 Say-on-Pay vote and the stockholder outreach, the Compensation Committee is revising the design of our executive compensation program, which is expected to, among other things, increase the amount and type of performance-based compensation of our executive officers. The proposed 2016 Equity Incentive Plan includes a number of features that we believe are consistent with the interests of our stockholders and sound corporate governance practices, including:</font>
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			<font style="display: inline;">&#xFEFF;</font>
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				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<font style="display: inline;color:#000000;">No repricing of underwater options or stock appreciation rights without stockholder approval. </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">No discounted option or SAR grants.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Minimum vesting period for all awards.&nbsp; </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
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				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">No liberal share recycling or reload provisions.&nbsp; </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">No liberal definition of &#x201C;change in control.&#x201D; </font><font style="display: inline;color:#000000;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;"></font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">No automatic accelerated vesting of equity awards upon a change in control.</font></p></td></tr></table></div>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<font style="display: inline;color:#000000;">Limit on non-employee director awards.&nbsp; </font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">The Compensation Committee also has recommended, and the Board of Directors has approved, a number of changes to the Company&#x2019;s compensation and governance policies that we believe are important and consistent with governance and compensation policy best practices. These include:</font>
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				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Stock Ownership Policy</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Hedging and Pledging Policy</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Clawback Policy</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">See &#x201C;Consideration of Say-on-Pay Results and Stockholder Outreach&#x201D; and &#x201C;Compensation Policies&#x201D; below.</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">Overview of Compensation Goals and Objectives</font>
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			<font style="display: inline;color:#000000;">The Compensation Committee is responsible for setting and reviewing the compensation of our named executive officers:</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Erwin Haitzmann, Chairman of the Board and Co Chief Executive Officer</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Peter Hoetzinger, Vice Chairman of the Board, Co Chief Executive Officer and President</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Margaret Stapleton, Executive Vice President, Principal Financial/Accounting Officer and Corporate Secretary</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Andreas Terler, Managing Director of Century Casinos Europe GmbH, Vice President of Operations and Chief Information Officer</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">In order to better align the long-term interests of our executives with our stockholders and to attract and retain highly qualified executives, our compensation programs have been designed to provide competitive levels of compensation that integrate pay with our performance, with an emphasis on recognizing individual initiative and achievements.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">We base our compensation primarily on our named executive officers&#x2019; experience, expertise and performance, with a portion of potential compensation dependent upon our successful long-term performance and position in the international gaming industry. The Compensation Committee believes that the compensation program for our named executive officers is designed to reward long-term performance. The Compensation Committee also believes that our compensation program motivates our named executive officers to deliver financial results that meet or exceed our expectations, seek and develop new gaming opportunities, and effectively manage our widespread international operations.</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">15</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;font-weight:bold;">201</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;"> Company Business Developments</font>
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			<font style="display: inline;">During 201</font><font style="display: inline;">5</font><font style="display: inline;">, we made progress on our business strategy of developing new international gaming opportunities. We </font><font style="display: inline;">opened</font><font style="display: inline;"> Century Downs in April 2015. Century Downs, which is located in Balzac, a north metropolitan area of Calgary, Alberta, Canada, offers the only horse race track in the Calgary area and includes a 5.5 furlong (0.7 mile) racetrack, a gaming floor with 550 slot machines, a bar, a lounge, restaurant facilities, an off-track betting area and an entertainment area.</font><font style="display: inline;"> We also began operating the southern Alberta pari-mutuel off-track horse betting network through Century Bets in May 2015. Century Bets provides pari-mutuel wagering content and live video to 17 off-track betting parlors throughout southern Alberta and has agreements with over 90 racetracks world-wide to broadcast races through the off-track betting network.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">During 201</font><font style="display: inline;">5</font><font style="display: inline;">, we started casino operations on three new cruise ships.</font><font style="display: inline;"> We also mutually agreed</font><font style="display: inline;"> with Norwegian </font><font style="display: inline;">to terminate our concession agreements </font><font style="display: inline;">for</font><font style="display: inline;"> eight ship-based casinos that we operated on Oceania Cruises and Regent Seven Seas Cruises</font><font style="display: inline;">, which are</font><font style="display: inline;"> indirect subsidiaries of Norwegian</font><font style="display: inline;">, in exchange for total</font><font style="display: inline;"> consideration of $</font><font style="display: inline;">4</font><font style="display: inline;">.0 million</font><font style="display: inline;">, plus a limited consulting contract worth $2.0 million</font><font style="display: inline;">. &nbsp;</font><font style="display: inline;">Our named executive officers, along with many of our other employees, have worked diligently on developing these business opportunities, which we believe will contribute significantly to the success of our </font><font style="display: inline;">C</font><font style="display: inline;">ompany.</font>
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			<font style="display: inline;">These actions contributed significantly to improved 2015 financial results, as follows: (i) net operating revenue for the year ended December 31, 2015 was $134.4 million, a 12% increase compared to t</font><font style="display: inline;">he year ended December 31, 2014;</font><font style="display: inline;"> (ii) Adjusted EBITDA&nbsp;&nbsp;for the year ended December 31, 2015 was $23.5 million, an 83% increase compared to the year ended December 31, 2014; (iii) net earnings attributable to Century Casinos, Inc. shareholders for the year ended December 31, 2015 were $11.9 million, an 867% increase compared to the year ended December 31, 2014; and (iv) earnings per share for the year ended December 31, 2015 were $0.49 compared to $0.05 for the year ended December 31, 2014.</font>
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			<font style="display: inline;font-weight:bold;">Compensation Program Design</font>
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			<font style="display: inline;">The executive compensation program is designed with our executive compensation objectives in mind and is comprised of fixed and variable pay plans, cash and non-cash plans, and short and long-term payment structures in order to recognize and reward executives for their contributions to us today and in the future.</font>
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			<font style="display: inline;">Our current short-term executive compensation structure consists of base salary and annual incentive compensation in the form of cash bonuses.&nbsp;&nbsp;Our long-term executive compensation consists of equity awards</font><font style="display: inline;">, which are generally in the form of stock options. The Compensation Committee believes that granting stock option awards to our named executive officers that generally vest over a four-year period promotes retention and motivates our named executive officers to achieve our long-term business objectives since the ultimate value of their stock options is strongly related to their long-term contributions to our Company.</font>
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			<font style="display: inline;">We continually assess and evaluate the internal and external competitiveness of all components of the executive compensation program. Internally, we look at critical and key positions that are directly linked to our profitability and viability. We</font><font style="display: inline;"> seek to</font><font style="display: inline;"> ensure that the appropriate hierarchy of jobs is in place with appropriate ratios of Chief Executive Officer compensation to other senior executive compensation. Due to the highly competitive nature of the gaming industry, it is important for our pay plans to provide us</font><font style="display: inline;"> with</font><font style="display: inline;"> the ability to </font><font style="display: inline;">recruit, retain and </font><font style="display: inline;">internally develop</font><font style="display: inline;"> top executive talent</font><font style="display: inline;">.</font>
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			<font style="display: inline;">As discussed below, the Compensation Committee is in the process of revising the design of our executive compensation program and has recommended, and the Board of Directors has approved, a number of changes to the Company&#x2019;s compensation and governance policies. </font>
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			<font style="display: inline;font-weight:bold;">Consideration of Say-on-Pay Results</font><font style="display: inline;font-weight:bold;"> and Stockholder Outreach</font>
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			<font style="display: inline;">At our Annual Meeting of Stockholders held on June 15, 2015, we conducted our annual advisory vote on the 2014 compensation program for our named executive officers (&#x201C;Say-on-Pay&#x201D;). The 2014 compensation of our named executive officers received support from approximately 50% of the shares present and entitled to vote on the Say-on-Pay proposal. </font><font style="display: inline;">In response to the Say-on-Pay vote, the</font><font style="display: inline;"> Compensation Committee and the Board recognized the need to further improve and strengthen our overall compensation </font><font style="display: inline;">programs and </font><font style="display: inline;">polic</font><font style="display: inline;">ies</font><font style="display: inline;">. &nbsp;</font><font style="display: inline;">At the direction of the Compensation Committee and the Board, the</font><font style="display: inline;"> Company&#x2019;s Co CEOs engaged in significant outreach to our major stockholders that represent</font><font style="display: inline;"> approximately 46</font><font style="display: inline;">%</font><font style="display: inline;"> of our total stock ownership to</font><font style="display: inline;"> elicit feedback and</font><font style="display: inline;"> discuss any concerns they may have about our executive compensation programs and policies. </font><font style="display: inline;">Although some stockholders expressed support for the Company&#x2019;s compensation of executives, other stockholders commented that executive compensation should be aligned more closely with the Company&#x2019;s performance and the long-term interests of the Company&#x2019;s stockholders and that the Compensation Committee should consider a combination of quantifiable performance metrics in establishing executive compensation. </font><font style="display: inline;">The Compensation Committee and management </font><font style="display: inline;">also </font><font style="display: inline;">engaged </font><font style="display: inline;">an independent advisor</font><font style="display: inline;"> to assist </font><font style="display: inline;">us </font><font style="display: inline;">with:</font>
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			<font style="display: inline;color:#000000;">overall </font><font style="display: inline;color:#000000;">executive compensation design,</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">e</font><font style="display: inline;color:#000000;">xecutive compensa</font><font style="display: inline;color:#000000;">tion benchmarking and analytics,</font><font style="display: inline;color:#000000;"> and</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">recommendations for annual incentive plans, short</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">term incentive plans and long-term incentive plans.</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Based on these inputs, t</font><font style="display: inline;color:#000000;">he Compensation Committee is in the process of revising the design of our executive compensation program, which is expected to, among other things, increase the amount and type of performance-based compensation of our executive officers. The Compensation Committee also has recommended, and the Board of Directors has approved, a number of changes to the Company&#x2019;s compensation and governance policies in response to the 2015 Say-on-Pay vote. </font><font style="display: inline;color:#000000;">These include:</font>
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			<font style="display: inline;color:#000000;">Stock Ownership Policy</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Hedging and Pledging Policy</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Clawback Policy</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">See &#x201C;Compensation Policies&#x201D; below. </font><font style="display: inline;color:#000000;">We will continue to consider the outcome of our Say-on-Pay vote results when determining the compensation of our named executive officers in the future.</font>
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			<font style="display: inline;color:#000000;">When determining the </font><font style="display: inline;color:#000000;">compensation of our named executive officers, the Compensation</font><font style="display: inline;color:#000000;"> Committee solicits advice primarily from internal</font><font style="display: inline;color:#000000;"> company</font><font style="display: inline;color:#000000;"> resources</font><font style="display: inline;color:#000000;">, which</font><font style="display: inline;color:#000000;"> may include, but are not limited to, our Co Chief Executive Officers and Executive Vice President and Corporate Secretary.</font>
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			<font style="display: inline;color:#000000;">Our Co Chief Executive Officers annually review the performance of our named executive officers and, based on these reviews, recommend to the Compensation Committee compensation for all named exec</font><font style="display: inline;color:#000000;">utive officers</font><font style="display: inline;color:#000000;">. The Compensation Committee </font><font style="display: inline;color:#000000;">reviews</font><font style="display: inline;color:#000000;"> the recommendations and make</font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;"> the final decisions regarding compensation </font><font style="display: inline;color:#000000;">paid </font><font style="display: inline;color:#000000;">to </font><font style="display: inline;color:#000000;">our </font><font style="display: inline;color:#000000;">senior executives, including base pay, </font><font style="display: inline;color:#000000;">annual </font><font style="display: inline;color:#000000;">incentive </font><font style="display: inline;color:#000000;">bonuses</font><font style="display: inline;color:#000000;"> and equity awards. The Compensation Committee </font><font style="display: inline;color:#000000;">did not engage a compensation consultant </font><font style="display: inline;color:#000000;">to assist with determining executive compensation for 2015</font><font style="display: inline;color:#000000;">. Although the Compensation Committee has not </font><font style="display: inline;color:#000000;">formally </font><font style="display: inline;color:#000000;">established a peer group</font><font style="display: inline;color:#000000;">, we have begun to examine</font><font style="display: inline;color:#000000;"> companies </font><font style="display: inline;color:#000000;">both</font><font style="display: inline;color:#000000;"> in the</font><font style="display: inline;color:#000000;"> gaming and hospitality industries in connection with the reexamination of and revision to our</font><font style="display: inline;color:#000000;"> compensation</font><font style="display: inline;color:#000000;"> practices. Due to the highly specialized nature</font><font style="display: inline;color:#000000;"> of our </font><font style="display: inline;color:#000000;">business, the Compensation Committee</font><font style="display: inline;color:#000000;"> generally </font><font style="display: inline;color:#000000;">rel</font><font style="display: inline;color:#000000;">ies</font><font style="display: inline;color:#000000;"> on </font><font style="display: inline;color:#000000;">internal resources and limits the </font><font style="display: inline;color:#000000;">external resources</font><font style="display: inline;color:#000000;"> considered</font><font style="display: inline;color:#000000;"> when establishing compensation</font><font style="display: inline;color:#000000;"> to</font><font style="display: inline;color:#000000;"> market data from </font><font style="display: inline;color:#000000;">the </font><font style="display: inline;color:#000000;">gaming industry.</font>
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			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-style:italic;color:#000000;text-decoration:none;">Base Salary</font>
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		<p style="margin:0pt;text-indent:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">The Compensation Committee sets base salaries for our named executive officers based on a variety of factors</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">,</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> including:</font>
		</p>
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			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> &#x2220;</font>
			</p>
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			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">the nature and responsibility of the position;</font></p></td></tr></table></div>
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				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">the experience and contribution of the</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> named</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> executive</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> officer</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">;</font></p></td></tr></table></div>
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			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">the </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">named executive officer&#x2019;s performance, including whether individual</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> objectives</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> were met or exceeded</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> during a particular period;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;color:#000000;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;text-decoration:none;color:#000000;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;color:#000000;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">additional duties</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> or</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> responsibilities</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> of the named executive officer</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> or organizational change</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">s in our </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">C</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">ompany</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">; &nbsp;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">the complexity of </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">our </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">international operations and transactions;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> &#x2220;</font>
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			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">the amount of international travel</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> by the named executive officer</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">; and</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
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				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;text-decoration:none;color:#000000;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;text-decoration:none;color:#000000;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">retention.</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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			<font style="display: inline;color:#000000;">Dr. Haitzmann </font><font style="display: inline;color:#000000;">received a base salary consisting of (i) </font><font style="display: inline;color:#000000;">&#x20AC;220,000</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">(approximately $238,899 based on the exchange rate in effect on December 31, 2015) </font><font style="display: inline;color:#000000;">paid directly to him and (ii) a </font><font style="display: inline;color:#000000;">management fee</font><font style="display: inline;color:#000000;"> of $360,000 </font><font style="display: inline;color:#000000;">paid </font><font style="display: inline;color:#000000;">on a monthly basis </font><font style="display: inline;color:#000000;">to </font><font style="display: inline;color:#000000;">Flyfish Management &amp; Consulting AG</font><font style="display: inline;color:#000000;">.</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">Mr. Hoetzinger </font><font style="display: inline;color:#000000;">received a base salary consisting of (i) </font><font style="display: inline;color:#000000;">&#x20AC;220,000</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">(approximately $238,899 based on the exchange rate in effect on December 31, 2015) </font><font style="display: inline;color:#000000;">paid directly to him and (ii) a management fee of $360,000 paid on a monthly basis</font><font style="display: inline;color:#000000;"> to </font><font style="display: inline;color:#000000;">Focus Lifestyle and Entertainment AG</font><font style="display: inline;color:#000000;">. &nbsp;</font><font style="display: inline;color:#000000;">The</font><font style="display: inline;color:#000000;"> base salary </font><font style="display: inline;color:#000000;">of each of the Co Chief Executive Officers was the same in 2014 and 2015</font><font style="display: inline;color:#000000;">. &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;text-decoration:none;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">In November 2013, the Compensation Committee </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">increased the base</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> salary of each of the Co Chief Executive Officers</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> from </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&#x20AC;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">7</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">0,000 to &#x20AC;2</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">2</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">0,000</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> in</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> recognition of their</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> performance and</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> additional responsibilities as </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">a result of our expanded international operations and </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">to</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> closer </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">align</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> their base salaries with the base salaries of comparable companies in the gaming industry. In connection with the</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">&nbsp;</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">salary increase</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">s</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;"> in 2013,</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> each Co Chief Executive Officer</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">is</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> require</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">d</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">to use 25% of the after-tax </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">amount of the </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">salary increase to purchase </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">our common </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">stock. </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">For 2015, Ms. Stapleton received a base salary of $140,000 and Mr. Terler received a base salary of </font><font style="display: inline;color:#000000;">&#x20AC;</font><font style="display: inline;color:#000000;">11</font><font style="display: inline;color:#000000;">0,000</font><font style="display: inline;color:#000000;"> (approximately $119,450 based on the exchange rate in effect on December 31, 2015)</font><font style="display: inline;color:#000000;">. The base salaries of Ms. Stapleton and Mr. Terler were the same in 2014 and 2015. </font><font style="display: inline;color:#000000;">I</font><font style="display: inline;color:#000000;">n January 2014, the Compensation Committee approved a $5,000 increase in the annual salary of Ms. Stapleton and a &#x20AC;10,000 increase in the annual salary of Mr. Terler, effective as of April 1, 2014 based on their performance and the fact that their salaries had remained constant for several years.</font><font style="display: inline;color:#000000;">&nbsp;</font>
		</p>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">The Compensation Committee did not adjust the salaries of any named executive officers during 2015 because it is currently working on a</font><font style="display: inline;color:#000000;"> comprehensive revision of our </font><font style="display: inline;color:#000000;">executive compensation program and will evaluate the salaries of the named executive officers after the new executive compensation program has been instituted. </font><font style="display: inline;color:#000000;">The Compensation Committee believes that the base salaries of the named executive officers are fair and competitive with those of executive officers at comparable companies in the gaming industry.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-style:italic;color:#000000;text-decoration:none;">Annual Incentive Compensation</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The Compensation Committee considers salaries and bonuses and, in the case of our Co Chief Executive Officers, the management agreements, in determining the competitiveness of the total compensation package. At the end of our fiscal year, the Compensation Committee reviews and approves all bonus payments, which are awarded to our named executive officers on a discretionary basis. In determining whether bonuses should be made and the amount of such bonuses, the Compensation Committee considers, among other things, </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">growth in fundamental company value, market share, markets served, international diversification, risk spread, stock price development, revenues, </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">A</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">djusted EBITDA, net earnings, operating margins, our positioning for future growth, comparison to companies in the gaming and entertainment industry that operate worldwide, and other measurements and performance criteria as the Compensation Committee deems applicable and appropriate, such as our increased international exposure due to our significant international operations.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">18</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-decoration:none;font-family:Times New Roman;;font-size: 10pt"><font style="color:#0000FF;display: inline;font-weight:bold;color:#000000;text-decoration:none;"></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;text-decoration:none;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">Incentive awards are made subject to the Compensation Committee&#x2019;s discretion. The Compensation Committee may make adjustments to our overall corporate performance goals and our actual performance results that may cause differences between the numbers used for our performance goals and the numbers reported in our financial statements. These adjustments may exclude all or a portion of both the positive or negative effect of external events that are outside the control of our executives, such as natural disasters, litigation, or regulatory changes in accounting or taxation standards.&nbsp;&nbsp;These adjustments may also exclude all or a portion of both the positive or negative effect of unusual or significant strategic events that are within the control </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">o</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">f</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">&nbsp;</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">our executives but that are undertaken with an expectation of improving our long-term financial performance, such as restructurings, acquisitions, or divestitures.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The following table shows the amounts of the discretionary bonuses for 2015 awarded to our named executive officers by the Compensation Committee:</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:108pt;">
			<tr>
				<td valign="top" style="width:180.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:93.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:180.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:93.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">2015 Annual Incentive Bonus</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:180.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Erwin Haitzmann (1)</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:93.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">$150,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:180.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Peter Hoetzinger (1)</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:93.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">$150,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:180.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Margaret Stapleton</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:93.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">$35,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:180.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Andreas Terler</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:93.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#x20AC;27,500</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-weight:normal;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">The bonuses of </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Dr. Haitzmann and Mr. Hoetzinger are paid </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">t</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">o</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Flyfish Management </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&amp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> Consulting AG and Focus Lifestyle </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">and</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> Entertainment AG</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">, respectively,</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">pursuant to</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> their</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> management agreement</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">s.</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;text-decoration:none;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">For its 2015 annual incentive bonus determination, the Compensation Committee considered the 2015 financial and operating results of our Company discussed in &#x201C;2015 Company Business Developments&#x201D; above</font><font style="display: inline;color:#000000;">, including the substantial increases in net operating revenue, Adjusted EBITDA, net earnings attributable to Century Casinos, Inc. shareholders and earnings per share and the business decisions taken and implemented to achieve those results</font><font style="display: inline;color:#000000;">. &nbsp;</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The Compensation Committee determined that the 201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">5</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> annual incentive bonuses for </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">the </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">named executive officers were appropriate because of the significant </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">results achieved in 2015</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> and the overall performance of management to position the Company for future growth and success.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;text-decoration:none;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-style:italic;color:#000000;text-decoration:none;">Long-term Incentive Compensation</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;text-decoration:none;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Historically, the Compensation Committee has granted equity awards to our named executive officers, other employees and members of the Board to </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">promote</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> our long-term success and enhance our value by linking the personal interests of </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">those individuals to </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">those of our stockholders and </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">to</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> provid</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">e</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> an incentive </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">to those individuals </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">for outstanding performance </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">that</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> generate</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">s</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> superior returns to our stockholders. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The amount of equity awards to be issued is based on the discretion of the Compensation Committee. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">We </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">have been</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> able to motivate, attract and retain the services of key employees by periodicall</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">y granting equity awards under </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">our</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> Amended</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">&nbsp;</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">2005 Plan</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">, which provided </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">for the grant of awards to eligible individuals in the form of stock, restricted stock, stock options, performance units or other stock-based awards</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">. The Amended 2005 Plan terminated on June 17, 2015. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">On </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">April</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> 26</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">, 2016</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">, the Board approved the 2016 Plan, which provides for the grant of awards to eligible individuals in the form of stock, restricted stock, stock options, performance units or other stock-based awards, which is subject to approval by our stockholders at the Annual Meeting.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-style:italic;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-style:italic;color:#000000;">Stock Option Awards</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;background-color:yellow;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">The exercise price</font><font style="display: inline;color:#000000;"> of each option grant is equal to the fair market value of our common stock (based on the closing price on NASDAQ) on the date of grant. The number of shares covered by any grant is generally determined by the Compensation Committee based on the recipient&#x2019;s position, salary at the time of grant, amounts granted in previous years, and the then current stock price. Grants may be made to reflect increased responsibilities, to reward extraordinary performance or to encourage executives to have a long-term view of our success. The stock options generally vest over a four-year period.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">19</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">On December 26, 2014, the Compensation Committee approved grants of stock options to the named executive officers</font><font style="display: inline;"> in the following amounts:</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:282.60pt;margin-left:99pt;">
			<tr>
				<td valign="top" style="width:102.80pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:129.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:179.10pt;height:27.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:103.50pt;height:27.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Number of Options</font><font style="display: inline;font-weight:bold;"> Granted in 2014</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:179.10pt;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Erwin Haitzmann</font></p>
				</td>
				<td colspan="2" valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:103.50pt;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">450,000</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:179.10pt;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Peter Hoetzinger</font></p>
				</td>
				<td colspan="2" valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:103.50pt;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">450,000</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:179.10pt;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Margaret Stapleton</font></p>
				</td>
				<td colspan="2" valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:103.50pt;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">75,000</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="middle" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:179.10pt;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Andreas Terler</font></p>
				</td>
				<td colspan="2" valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:103.50pt;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">100,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
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			<font style="display: inline;">The Compensation Committee considered a number of factors </font><font style="display: inline;">i</font><font style="display: inline;">n determining the number of stock options to grant to the named executive officers</font><font style="display: inline;"> in 2014</font><font style="display: inline;">, including </font><font style="display: inline;">that our </font><font style="display: inline;">Co Chief Executive Officers and Mr. Terler had not received any equity awards since November 2008</font><font style="display: inline;"> and</font><font style="display: inline;"> Ms. Stapleton had not received any equity awards since May 2010, when she was appointed to serve as our Executive Vice President, Principal Financial Officer and Corporate Secretary. The Compensation Committee considered our growth over the past </font><font style="display: inline;">several</font><font style="display: inline;"> years, </font><font style="display: inline;">our business and financial achievements in 2014 and </font><font style="display: inline;">the additional responsibilities undertaken by our named executive officers as a result of our business growth</font><font style="display: inline;">. The Compensation Committee granted the stock options</font><font style="display: inline;"> to our named executive officers as a reward for their contributions to our success over the past several years, as recognition of their increased responsibilities, as an incentive for them that aligns their compensation with our long-term financial performance, and as a way of retaining our executives and offering compensation that the Compensation Committee believes is competitive with other comparable companies in the gaming industry.</font>
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			<font style="display: inline;">The named executive officers did not receive any stock option awards for 2015, due in part to the Compensation Committee&#x2019;s practice of only granting equity awards once every several or more years and because the stock options granted to the named executive officers in 2014 were expected to be long-term incentive compensation for the named executive officers for multiple years.</font>
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			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The Compensation Committee is currently evaluating the types and amounts of equity awards granted to our named executive officers in connection with its comprehensive revision of our executive compensation program. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">T</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">he Compensation Committee has not yet made any decisions regarding the named executive officers&#x2019; annual or long-term incentive compensation for 201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">6</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">.</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;">Personal Benefits and P</font><font style="display: inline;font-family:Times New Roman;">er</font><font style="display: inline;font-family:Times New Roman;">quisites</font>
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			<font style="display: inline;">Our use of perquisites as an element of compensation is limited. The</font><font style="display: inline;"> Compensation</font><font style="display: inline;"> Committee does not view perquisites as a significant element of our compensation structure, but does believe that they can be used in conjunction with base salary to attract, motivate and retain individuals in a competitive environment. Besides certain life insurance contributions and change </font><font style="display: inline;">of control</font><font style="display: inline;"> protections, we generally provide broad-based perquisites to our executives and other employees. Executives and all other employees are eligible to participate in various benefit programs such as medical, dental and vision insurance, life insurance, both short and long-term disability, and employer contributions to the Century Casinos, Inc. 401(</font><font style="display: inline;">k</font><font style="display: inline;">) Savings and Retirement Plan. Relocation benefits are available and are negotiated on an individual basis when an employee is hired.</font>
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			<font style="display: inline;">In addition to our group benefits, </font><font style="display: inline;">Dr.</font><font style="display: inline;"> Haitzmann and </font><font style="display: inline;">Mr.</font><font style="display: inline;"> Hoetzinger are also entitled to:</font>
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			<font style="display: inline;color:#000000;">A C</font><font style="display: inline;color:#000000;">ompany-paid life insurance policy. Dr. Haitzmann&#x2019;s policy provides a maximum life insurance benefit </font><font style="display: inline;color:#000000;">of &#x20AC;349,975,</font><font style="display: inline;color:#000000;"> payable in either a single lump sum or as an annuity. Mr. Hoetzinger&#x2019;s policy provides a maximum life insurance benefit of </font><font style="display: inline;color:#000000;">&#x20AC;418,032</font><font style="display: inline;color:#000000;">, payable in either a single lump sum or as an annuity;</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Long term disability or death benefits equal to 1/12 of the executive&#x2019;s annual salary in effect at the time of disability or death, for a period of 12 months from the date of disability or death; and</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
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			<font style="display: inline;color:#000000;">The use of a</font><font style="display: inline;color:#000000;">n</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">automobile</font><font style="display: inline;color:#000000;"> provided and paid for by us for business and personal purposes</font><font style="display: inline;color:#000000;">; provided, however, that</font><font style="display: inline;color:#000000;"> Dr. Haitzmann may choose to receive a monthly car allowance in </font><font style="display: inline;color:#000000;">lieu of our providing him with the use of an automobile</font><font style="display: inline;color:#000000;">.</font></p></td></tr></table></div>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">20</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;font-weight:bold;">Change </font><font style="display: inline;font-weight:bold;">of </font><font style="display: inline;font-weight:bold;">C</font><font style="display: inline;font-weight:bold;">ontrol</font><font style="display: inline;font-weight:bold;"> and Severance Benefits</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Employment Agreements. </font><font style="display: inline;">We have entered into employment agreements with </font><font style="display: inline;">certain of </font><font style="display: inline;">our executive officers, including our Co Chief Executive Officers</font><font style="display: inline;">, which</font><font style="display: inline;"> are described </font><font style="display: inline;">below </font><font style="display: inline;">under &#x201C;Executive Agreements.&#x201D; These agreements provide for severance compensation to be paid if the executives are terminated under certain conditions, such as a change </font><font style="display: inline;">of</font><font style="display: inline;"> control or a termination without cause by us, each as is defined in the agreements.</font>
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			<font style="display: inline;">Our </font><font style="display: inline;">Amended </font><font style="display: inline;">2005 Plan and our previous equity incentive plan under which we have issued equity awards to our executive officers provide for full accelerated vesting of stock awards following a change </font><font style="display: inline;">of</font><font style="display: inline;"> control, as defined in such plans.</font>
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			<font style="display: inline;">The change of control provisions and the related severance compensation provisions of the employment agreements with our executive officers and our equity incentive plans are designed to meet the following objectives:</font>
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			<font style="display: inline;font-style:italic;">Change </font><font style="display: inline;font-style:italic;">of </font><font style="display: inline;font-style:italic;">C</font><font style="display: inline;font-style:italic;">ontrol</font><font style="display: inline;">.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Many larger, established casino developers consider companies at similar stages of growth as</font><font style="display: inline;"> us</font><font style="display: inline;"> as potential acquisition targets as a means of adding value to their company. In some scenarios, the potential for merger or acquisition may be in the best interests of our </font><font style="display: inline;">stockholders</font><font style="display: inline;">. In certain cases, we provide severance compensation if an executive is terminated as a result of a corporate transaction in order to maintain the continuity of management during the transaction and in order to promote the ability of our executive officers to act in the best interests of our </font><font style="display: inline;">stockholders</font><font style="display: inline;"> even though there exists the possibility that they could be terminated as a result of the transaction.</font>
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			<font style="display: inline;">We define a </font><font style="display: inline;">&#x201C;</font><font style="display: inline;">change </font><font style="display: inline;">of</font><font style="display: inline;"> control</font><font style="display: inline;">&#x201D; in the employment agreements</font><font style="display: inline;"> as</font><font style="display: inline;"> follows</font><font style="display: inline;">:</font>
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			<font style="display: inline;color:#000000;">A</font><font style="display: inline;color:#000000;">ny </font><font style="display: inline;color:#000000;">unaffiliated </font><font style="display: inline;color:#000000;">person or entity becoming the beneficial owner of a majority of the voting rights of our outstanding securities;</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">he triggering of the issuance of stock rights to </font><font style="display: inline;color:#000000;">stockholders</font><font style="display: inline;color:#000000;"> pursuant to our stock rights agreement, as amended from time to time;</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">The replacement during any two calendar years of half or more of our Board;</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">he replacement or rejection of one or more persons nominated to be</font><font style="display: inline;color:#000000;"> &nbsp;a</font><font style="display: inline;color:#000000;"> director by our Board before any change of control;</font></p></td></tr></table></div>
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				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
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			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">he election of one or more persons to our Board that have not been nominated by our Board prior to any change of control;</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Dr. Haitzmann ceases to serve as our Chairman, except by reason of his death or permanent disability (as stated in Mr. Hoetzinger&#x2019;s employment agreement);</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Mr. Hoetzinger ceases to serve as our Vice Chairman, except by reason of his death or permanent disability (as stated in Dr. Haitzmann&#x2019;s employment agreement); or</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">he holders of securities approve a merger, consolidation or liquidation of </font><font style="display: inline;color:#000000;">our C</font><font style="display: inline;color:#000000;">ompany.</font></p></td></tr></table></div>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-style:italic;color:#000000;">Termination Without Cause By Us</font><font style="display: inline;font-style:italic;color:#000000;">.</font><font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;"> If we terminate the employment of </font><font style="display: inline;color:#000000;">Dr. Haitzmann or Mr. Hoetzinger</font><font style="display: inline;color:#000000;"> without cause, we are obligated to continue to pay their base salary</font><font style="display: inline;color:#000000;"> and bonus</font><font style="display: inline;color:#000000;"> for a specified period of time, as per the executive officer&#x2019;s employment agreement. We believe this is appropriate because</font><font style="display: inline;color:#000000;"> (i)</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">the terminated executive officer is bound by confidentiality and non-compete provisions covering a specified period of time;</font><font style="display: inline;color:#000000;"> (ii) </font><font style="display: inline;color:#000000;">we and the executive</font><font style="display: inline;color:#000000;"> officer</font><font style="display: inline;color:#000000;"> have mutually agreed to a severance package that is in place prior to any termination event</font><font style="display: inline;color:#000000;">, which</font><font style="display: inline;color:#000000;"> provides us more flexibility to make a change in senior management if such a change is in the best interests of </font><font style="display: inline;color:#000000;">us</font><font style="display: inline;color:#000000;"> and our </font><font style="display: inline;color:#000000;">stockholders</font><font style="display: inline;color:#000000;">; and</font><font style="display: inline;color:#000000;"> (iii) </font><font style="display: inline;color:#000000;">the terminated executive receives a fair severance payment that is defined in advance of a termination without cause.</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">For this scenario, we define &#x201C;cause&#x201D; for Dr. Haitzmann and Mr. Hoetzinger as</font><font style="display: inline;color:#000000;"> follows</font><font style="display: inline;color:#000000;">:</font>
		</p>
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			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">he failure of the employee for any reason, within </font><font style="display: inline;color:#000000;">30</font><font style="display: inline;color:#000000;"> days after receipt by the employee of written notice thereof from us, to correct, cease, or otherwise alter any specific action or omission to act that constitutes a material and willful breach of such employee&#x2019;s employment agreement that is likely to result in material damage to us; or</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">A</font><font style="display: inline;color:#000000;">ny willful gross misconduct likely to result in material damage to us.</font></p></td></tr></table></div>
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			<font style="display: inline;font-style:italic;color:#000000;">Termination With Cause By Employee</font><font style="display: inline;color:#000000;">.</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;"> Dr. Haitzmann&#x2019;s and Mr. Hoetzinger&#x2019;s employment agreements provide severance in the event they terminate their employment with us for cause. This scenario would be treated similarly to a termination without cause by us for the same reasons provided for that situation, as described above.</font>
		</p>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">21</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;">For this scenario, we define &#x201C;cause&#x201D; as</font><font style="display: inline;"> follows</font><font style="display: inline;">:</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
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			<font style="display: inline;color:#000000;">O</font><font style="display: inline;color:#000000;">ur failure for any reason, within </font><font style="display: inline;color:#000000;">30</font><font style="display: inline;color:#000000;"> days after receipt by us of written notice from the employee, to correct, cease, or otherwise alter any material adverse change in the conditions of such employee&#x2019;s employment, including, but not limited to any change in his title or position, or the duties of such position, unless the employee consents in writing to such change; or</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
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			<font style="display: inline;color:#000000;">A</font><font style="display: inline;color:#000000;"> change </font><font style="display: inline;color:#000000;">of</font><font style="display: inline;color:#000000;"> control, as defined above</font><font style="display: inline;color:#000000;">, has occurred</font><font style="display: inline;color:#000000;">.</font></p></td></tr></table></div>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Management Agreements. </font><font style="display: inline;color:#000000;">In addition to the employment agreements that we have with Dr. Haitzmann and Mr. Hoetzinger, we are party to separate management agreements with Flyfish Management &amp; Consulting AG, a Swiss corporation</font><font style="display: inline;color:#000000;"> that is</font><font style="display: inline;color:#000000;"> beneficially owned by Dr. Haitzmann</font><font style="display: inline;color:#000000;">, and with Focus Lifestyle and Entertainment AG, a Swiss corporation </font><font style="display: inline;color:#000000;">that</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">is a</font><font style="display: inline;color:#000000;"> wholly-owned subsidiar</font><font style="display: inline;color:#000000;">y</font><font style="display: inline;color:#000000;"> of </font><font style="display: inline;color:#000000;">Mr. Hoetzinger&#x2019;s </font><font style="display: inline;color:#000000;">family foundation.&nbsp; </font>
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			<font style="display: inline;font-style:italic;color:#000000;">Termination with Cause by Consultant or without Cause by Us</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;The management agreements provide for certain payments and benefits to be made to Flyfish Management &amp; Consulting AG and/or Focus Lifestyle and Entertainment AG should either or both of them terminate the agreement for cause or should either or both of them be terminated by us without cause.&nbsp;&nbsp;These payments and benefits include: (i) a lump sum cash payment of three times the current management fee and three times the average bonus for the prior three years and (ii) an option to continue to serve as a consultant for three years at the then-current management fee, prior year&#x2019;s bonus and current benefits.&nbsp;&nbsp;For the purposes of the determination of these payments and benefits, &#x201C;cause&#x201D; means (i) our failure for any reason, within 30 days after receipt of written notice, to correct, cease or otherwise alter any material adverse change in the conditions of engagement, including but not limited to any change in duties or (ii) a change of control has occurred.</font>
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			<font style="display: inline;color:#000000;">A &#x201C;change of control&#x201D; under the management agreements </font><font style="display: inline;color:#000000;">i</font><font style="display: inline;color:#000000;">s the same as a change of control under the employment agreements, as defined above.</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">For more information on our potential payments to named executive officers in connection with a termination or change of control, please see &#x201C;Executive Compensation &#x2013; Potential Payments upon Termination or Change of Control&#x201D; below.</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">Compensation</font><font style="display: inline;font-weight:bold;color:#000000;"> Polic</font><font style="display: inline;font-weight:bold;color:#000000;">ies</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">In response to the 2015 Say on Pay vote as discussed above and in conjunction with the Compensation Committee&#x2019;s review of our compensation practices, we have adopted several new policies in 2016 that we believe are important and consistent with governance and compensation policy best practices. </font>
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			<font style="display: inline;font-style:italic;color:#000000;">Stock Ownership Policy</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;&nbsp;It is our policy that all of our executive officers should have a significant financial stake in us.&nbsp;&nbsp;To that end, we have adopted stock ownership guidelines applicable to our executive officers. The guidelines are applicable to each of our executive officers and provide that each executive officer is expected to</font><font style="display: inline;color:#000000;"> directly o</font><font style="display: inline;color:#000000;">r</font><font style="display: inline;color:#000000;"> beneficially</font><font style="display: inline;color:#000000;"> own shares of our common stock with a value at least equal to the amount shown below:</font>
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		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
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			<font style="display: inline;color:#000000;">Co CEOs &#x2013; Three times annual base salary</font></p></td></tr></table></div>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">All other executive officers &#x2013; One times annual base salary</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">The amount of annual base salary includes any management fees paid to a Co CEO,</font><font style="display: inline;color:#000000;"> a </font><font style="display: inline;color:#000000;">family foundation or a </font><font style="display: inline;color:#000000;">company directly or beneficially owned by </font><font style="display: inline;color:#000000;">such Co CEO or a subsidiary thereof in connection with a management agreement entered into between any of such parties and the Company or any subsidiary of the Company. Shares to be counted for purposes of the ownership guidelines will be fully-vested outstanding shares of which the individual is deemed to be the &#x201C;beneficial owner&#x201D; for purposes of Section 16 under the Exchange Act.&nbsp;&nbsp;For each Co CEO, shares counted for purposes of the ownership guidelines include any shares owned by </font><font style="display: inline;color:#000000;">a &nbsp;</font><font style="display: inline;color:#000000;">family foundation or a </font><font style="display: inline;color:#000000;">company directly or </font><font style="display: inline;color:#000000;">beneficially owned by a Co CEO </font><font style="display: inline;color:#000000;">or a subsidiary thereof.&nbsp;&nbsp;Shares subject to a compensatory equity-based award of any kind that has not yet vested and shares subject to an option or stock appreciation right that has not yet been exercised will not be counted toward satisfaction of the stock ownership guidelines. Each executive officer has five years from the date he or she becomes subject to the guidelines to achieve compliance with the ownership guidelines. </font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">22</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;">In </font><font style="display: inline;">addition, effective as of </font><font style="display: inline;">November 2013 each of the Co Chief Executive Officers received a base salary increase of </font><font style="display: inline;">&#x20AC;150,000</font><font style="display: inline;">. In connection with the salary increase, the Compensation Committee amended the employment agreement of each Co Chief Executive Officer to require each Co Chief Executive Officer to use 25% of the after-tax salary increase to purchase our common stock. In August 2014, the Compensation Committee revised the Co Chief Executive Officers&#x2019; stock purchase requirement to provide that each Co Chief Executive Officer has a three-year time period, which began on January 1, 2014, to complete the purchase of additional shares of our common stock using the after-tax amount of </font><font style="display: inline;">&#x20AC;</font><font style="display: inline;">112,500 of such Co Chief Executive Officer&#x2019;s salary. </font>
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			<font style="display: inline;">As of April 11, 2016, Messrs. Haitzmann and Hoetzinger beneficially owned 1,575,000 shares, or 6.4%, and 1,442,397 shares, or 5.9%, of our common stock. See &#x201C;Security Ownership of Certain Beneficial Owners and Management&#x201D; above.</font>
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			<font style="display: inline;font-style:italic;">Hedging and Pledging</font><font style="display: inline;">.&nbsp;&nbsp;We have adopted a policy that provides for restrictions on equity transactions, including prohibitions on hedging transactions and pledging of our stock by our directors, officers and employees.</font>
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			<font style="display: inline;font-style:italic;">Clawback Policy</font><font style="display: inline;">. We have adopted a policy for recovery of incentive compensation from our executive officers under certain circumstances. The policy provides that we will, in all appropriate circumstances as determined by the Compensation Committee, and to the extent permitted by applicable law, require reimbursement or forfeiture of all or a portion of any incentive compensation awarded to our executive officers after April </font><font style="display: inline;">2</font><font style="display: inline;">2</font><font style="display: inline;">, 2016, which is the date our Board of Directors adopted the policy, where the Compensation Committee has determined that all of the following factors are present: </font>
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			<font style="display: inline;"> &nbsp; &nbsp;</font>
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		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">We are required to prepare an accounting restatement due to material noncompliance with any financial reporting requirement under the securities laws;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">The award, vesting or payment of the incentive compensation was predicated upon the achievement of certain financial results that were the subject of the restatement and such award, vesting or payment occurred or was received during the three-year period preceding the date on which we were required to prepare the restatement; and</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">A smaller award, vesting or payment would have occurred or been made to the executive officer based upon the restated financial results. </font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">In those circumstances, we will, to the extent deemed appropriate by the compensation committee, seek to recover or cancel the amount(s) by which an executive officer&#x2019;s incentive compensation that was awarded, vested or paid during the three-year period referenced above exceeded the amount(s) that would have been awarded, vested or paid based on the restated financial results, net of taxes paid or payable by the executive officer with respect to the recoverable compensation.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">In addition, under the terms of the proposed 2016 Plan and equity award agreements under the 2016 Plan, equity awards may be subject to forfeiture, recovery by us or any other action pursuant to any compensation recovery policy adopted by the Board or the Compensation Committee, including in response to any requirements under the Exchange Act or any other applicable law or stock exchange listing standards.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-style:italic;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-style:italic;color:#000000;">Other Equity-Related Policies</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;The 2016 Plan requires that all stock options granted under the plan have an exercise price that is not less than the fair market value of a share of our common stock on the date the grant is made. The 2016 Plan also prohibits re-pricing or exchanging underwater stock options under the 2016 Plan without stockholder approval.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Tax and Other Considerations</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">In designing our compensation programs, we take into account the various tax and accounting rules associated with different forms of compensation. Our executive compensation plans will generally be designed and implemented to maximize tax deductibility. Section 162(m) of the Internal Revenue Code generally disallows a tax deduction to public corporations for compensation greater than $1 million paid any taxable year to any &#x201C;covered employee&#x201D; (defined as a corporation&#x2019;s chief executive officer and the three other most highly compensated executive officers (other than the chief financial officer) as of the end of the taxable year). However, the statute exempts qualifying performance-based compensation from the deduction limit if certain requirements are met. The Amended 2005 Plan was structured to qualify awards as compensation that is exempt from</font><font style="display: inline;color:#000000;"> the $1 million deduction limit. No &#x201C;covered employees&#x201D; were paid compensation exceeding $1 million in 2015 and, as a result, all compensation to &#x201C;covered employees&#x201D; is fully tax-deductible. We generally seek to preserve tax deductions for executive compensation, but non-deductible compensation may be paid to executive officers when necessary for competitive reasons or to attract or retain a key executive, or where achieving maximum tax deductibility would be considered disadvantageous to our best interests.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">23</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">COMPENSATION COMMITTEE REPORT</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The Compensation Committee of the Board has reviewed and discussed the &#x201C;Compensation Discussion and Analysis&#x201D; included in this Proxy Statement with management. Based on the Compensation Committee&#x2019;s review and discussion with management, the Compensation Committee recommended to the Board that the Compensation Discussion and Analysis be included in this Proxy Statement.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Compensation Committee:</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Gottfried Schellmann</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Dinah Corbaci</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;">Notwithstanding anything to the contrary set forth in any of our filings under the Securities Act of 1933, as amended (the &#x201C;Securities Act&#x201D;), or the Exchange Act, the fo</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;">regoing</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;"> report of the </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;">Compensation</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;"> Committee </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;">does not constitute soliciting material and </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;">shall not be incorporated by reference into any such filings and shall not otherwise be deemed filed under such acts</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;">, except to the extent the Company specifically incorporates such report by reference therein</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;">.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">24</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">EXECUTIVE COMPENSATION</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The table below sets forth </font><font style="display: inline;">the</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">compensation earned in </font><font style="display: inline;">2015, </font><font style="display: inline;">201</font><font style="display: inline;">4</font><font style="display: inline;"> and 201</font><font style="display: inline;">3</font><font style="display: inline;"> by our </font><font style="display: inline;">named executive officers</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">SUMMARY COMPENSATION TABLE </font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width:438.95pt;margin-left:0pt;">
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:97.65pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;width:58.15pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:97.65pt;height:36.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Name &amp; Principal Position</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:36.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Year</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:36.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Salary&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;($)(1)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:36.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Bonus</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">(</font><font style="display: inline;font-weight:bold;color:#000000;">$)(2)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:36.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Option Awards</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">($)(3)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:36.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">All Other Compensation ($) (4)(5)</font></p>
				</td>
				<td valign="bottom" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:36.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Total&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;($)</font></p>
				</td>
			</tr>
			<tr>
				<td rowspan="3" valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:97.65pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Erwin Haitzmann&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman of the Board and Co Chief Executive Officer</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2015</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">614,272 (6)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">150,000 (8)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">45,854</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">810,126&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2014</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">673,010 (6)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">150,000 (8)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,179,405</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">62,326</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">2,064,741&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2013</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">499,337 (6)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">150,000 (8)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">55,038</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">704,375&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:97.65pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td rowspan="3" valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:97.65pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Peter Hoetzinger&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;Vice Chairman of the Board, Co Chief Executive Officer and President</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2015</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">620,708 (7)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">150,000 (9)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">39,830</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">810,538&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2014</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">671,583 (7)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">150,000 (9)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">1,179,405</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">47,679</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">2,048,667&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2013</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">499,253 (7)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">150,000 (9)</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">41,583</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">690,836&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:97.65pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td rowspan="3" valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:97.65pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Margaret Stapleton&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;Executive Vice&nbsp;&nbsp;President, Principal Financial/Accounting Officer and Corporate Secretary </font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2015</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">140,000</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">35,000</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">11,226</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">186,226&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2014</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">138,114</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">35,000</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">196,568</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">11,499</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">381,181&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2013</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">135,000</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">35,000</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">11,587</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">181,587&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:97.65pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:9.94pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td rowspan="3" valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:97.65pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Andreas Terler&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;Managing Director of Century Casinos Europe GmbH</font><font style="display: inline;color:#000000;">,</font><br /><font style="display: inline;color:#000000;">Vice President</font><font style="display: inline;color:#000000;"> of</font><font style="display: inline;color:#000000;"> Operations and </font><br /><font style="display: inline;color:#000000;">Chief Information Officer </font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2015</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">121,887</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">30,524</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">152,411&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2014</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">142,900</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">31,075</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">262,090</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">436,065&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:30.80pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">2013</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:60.45pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">132,879</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:63.00pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">37,461</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:60.30pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:68.60pt;height:28.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:58.15pt;height:28.80pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">170,340&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Dr. Haitzmann</font><font style="display: inline;color:#000000;">, Mr. Hoetzinger and Mr. Terler are paid their base salaries in euros.&nbsp; For </font><font style="display: inline;color:#000000;">Dr. Haitzmann</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;"> $254,272 of his 2015 salary,</font><font style="display: inline;color:#000000;"> &nbsp;$</font><font style="display: inline;color:#000000;">313,010 of his 2014</font><font style="display: inline;color:#000000;"> salary and $</font><font style="display: inline;color:#000000;">139,337</font><font style="display: inline;color:#000000;"> of h</font><font style="display: inline;color:#000000;">is 2013</font><font style="display: inline;color:#000000;"> salary were paid in euros.&nbsp; &nbsp;For Mr. Hoetzinger, </font><font style="display: inline;color:#000000;">$260,708 of his 2015 salary, </font><font style="display: inline;color:#000000;">$</font><font style="display: inline;color:#000000;">311,583</font><font style="display: inline;color:#000000;"> of his 201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> salary and $</font><font style="display: inline;color:#000000;">139,253</font><font style="display: inline;color:#000000;"> of his 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;"> salary were paid in euros.&nbsp; Amounts paid to </font><font style="display: inline;color:#000000;">Dr. Haitzmann</font><font style="display: inline;color:#000000;"> and Mr. Hoetzinger pursuant to management agreements as described below in footnotes </font><font style="display: inline;color:#000000;">6 &nbsp;</font><font style="display: inline;color:#000000;">and </font><font style="display: inline;color:#000000;">7 &nbsp;</font><font style="display: inline;color:#000000;">of this table are paid in U.S. dollars. For Mr. Terler, his entire salary for</font><font style="display: inline;color:#000000;"> 2015,</font><font style="display: inline;color:#000000;"> 201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> and 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;"> was paid in euros.&nbsp; The amounts paid in euros were converted to U.S. dollars using the average monthly exchange rate applicable to the month during which such salary was earne</font><font style="display: inline;color:#000000;">d, such rates ranging from </font><font style="display: inline;color:#000000;">1.07 to 1.16 during 2015, </font><font style="display: inline;color:#000000;">1.3</font><font style="display: inline;color:#000000;">8</font><font style="display: inline;color:#000000;"> to 1.2</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;"> during 201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">1.37</font><font style="display: inline;color:#000000;"> to </font><font style="display: inline;color:#000000;">1.2</font><font style="display: inline;color:#000000;">9</font><font style="display: inline;color:#000000;"> during 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">. &nbsp;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-size:10pt;;"> (2)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">The bonuses paid to Mr. Terler for </font><font style="display: inline;color:#000000;">2015, </font><font style="display: inline;color:#000000;">201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> and 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;"> were paid in euros.&nbsp; The amounts shown in the table for the </font><font style="display: inline;color:#000000;">2015 bonus, the </font><font style="display: inline;color:#000000;">201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> bonus and the 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;"> bonus were converted to U.S. dollars</font><font style="display: inline;color:#000000;"> based on the exchange rate of </font><font style="display: inline;color:#000000;">1.11 in February 2016, </font><font style="display: inline;color:#000000;">1.</font><font style="display: inline;color:#000000;">13</font><font style="display: inline;color:#000000;"> in </font><font style="display: inline;color:#000000;">February 2015</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">1.</font><font style="display: inline;color:#000000;">36</font><font style="display: inline;color:#000000;"> in March 201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;">, respectively.</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">25</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> (3)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">The amounts shown in this column represent the aggregate grant date fair values of the stock options awarded on December 26, 2014. The grant date fair values have been determined based on the assumptions and methodologies set forth in Note </font><font style="display: inline;color:#000000;">10</font><font style="display: inline;color:#000000;"> to the Consolidated Financial Statements included in the Company&#x2019;s Form 10-K for the year ended December 31, 201</font><font style="display: inline;color:#000000;">5</font><font style="display: inline;color:#000000;">.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> (4)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Dr. Haitzmann&#x2019;s and Mr. Hoetzinger&#x2019;s other compensation for 201</font><font style="display: inline;color:#000000;">5</font><font style="display: inline;color:#000000;"> includes premiums paid on medical and life insurance policies and the portion of our expense for </font><font style="display: inline;color:#000000;">automobiles</font><font style="display: inline;color:#000000;"> provided to our Co Chief Executive Officers attributable to personal use during 201</font><font style="display: inline;color:#000000;">5</font><font style="display: inline;color:#000000;">. We estimate that approximately 35% of the annual lease cost for each </font><font style="display: inline;color:#000000;">automobile</font><font style="display: inline;color:#000000;"> represents the amount attributable to personal use. Ms. Stapleton&#x2019;s other compensation for 201</font><font style="display: inline;color:#000000;">5</font><font style="display: inline;color:#000000;"> includes premiums paid on medical insurance. These amounts are broken out as follows: </font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;background-color:yellow;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width:429.00pt;margin-left:0pt;">
			<tr>
				<td valign="middle" style="width:111.90pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:81.00pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:67.60pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:83.00pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td rowspan="2" valign="middle" style="width:111.90pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:15.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Name</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt solid #000000 ;height:15.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Medical</font></p>
				</td>
				<td valign="middle" style="width:81.00pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt solid #000000 ;height:15.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Life</font></p>
				</td>
				<td rowspan="2" valign="middle" style="width:67.60pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:15.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Automobile ($)</font></p>
				</td>
				<td rowspan="2" valign="middle" style="width:83.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:15.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Total ($)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:85.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:15.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Insurance ($)</font></p>
				</td>
				<td valign="middle" style="width:81.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:15.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Insurance ($)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:111.90pt;border-top:1pt none #D9D9D9 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Erwin Haitzmann</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">10,867&nbsp;
				</td>
				<td valign="middle" style="width:81.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">33,296&nbsp;
				</td>
				<td valign="middle" style="width:67.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">1,691&nbsp;
				</td>
				<td valign="middle" style="width:83.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">45,854&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:111.90pt;border-top:1pt none #D9D9D9 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Peter Hoetzinger</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">14,530&nbsp;
				</td>
				<td valign="middle" style="width:81.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">20,644&nbsp;
				</td>
				<td valign="middle" style="width:67.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">4,656&nbsp;
				</td>
				<td valign="middle" style="width:83.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">39,830&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:111.90pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Margaret Stapleton</font></p>
				</td>
				<td valign="middle" style="width:85.50pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">11,226&nbsp;
				</td>
				<td valign="middle" style="width:81.00pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="width:67.60pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="middle" style="width:83.00pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:24.95pt;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">11,226&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> (5)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">The </font><font style="display: inline;color:#000000;">2015, </font><font style="display: inline;color:#000000;">201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> and 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;"> amounts in the &#x201C;All Other Compensation&#x201D; column for </font><font style="display: inline;color:#000000;">Dr. Haitzmann</font><font style="display: inline;color:#000000;"> and Mr. Hoetzinger were converted to U.S. dollars from euros based on the average monthly exchange rate applicable to the month during which such compensation was earned, such rates ranging from</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">1.07 to 1.16 during 2015, </font><font style="display: inline;color:#000000;">1.3</font><font style="display: inline;color:#000000;">8</font><font style="display: inline;color:#000000;"> to 1.2</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;"> during 201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> and 1.3</font><font style="display: inline;color:#000000;">7</font><font style="display: inline;color:#000000;"> to </font><font style="display: inline;color:#000000;">1.29</font><font style="display: inline;color:#000000;"> during 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">.&nbsp; </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> (6)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Includes </font><font style="display: inline;color:#000000;">$254,272, </font><font style="display: inline;color:#000000;">$</font><font style="display: inline;color:#000000;">313,010</font><font style="display: inline;color:#000000;"> and $</font><font style="display: inline;color:#000000;">139,337 for </font><font style="display: inline;color:#000000;">2015, </font><font style="display: inline;color:#000000;">2014 and 2013</font><font style="display: inline;color:#000000;">, respectively, which have been paid to Dr. Haitzmann under his employment agreement, and $360,000 for each of </font><font style="display: inline;color:#000000;">2015, </font><font style="display: inline;color:#000000;">201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> and 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">, which were paid to </font><font style="display: inline;color:#000000;">Flyfish Management </font><font style="display: inline;color:#000000;">&amp;</font><font style="display: inline;color:#000000;"> Consulting</font><font style="display: inline;color:#000000;"> AG under a management agreement between </font><font style="display: inline;color:#000000;">Flyfish Management </font><font style="display: inline;color:#000000;">&amp;</font><font style="display: inline;color:#000000;"> Consulting</font><font style="display: inline;color:#000000;"> AG and our subsidiary. Under this management agreement, we contract certain services from </font><font style="display: inline;color:#000000;">Flyfish Management </font><font style="display: inline;color:#000000;">&amp;</font><font style="display: inline;color:#000000;"> Consulting</font><font style="display: inline;color:#000000;"> AG to be provided by Dr. Haitzmann and other members of the </font><font style="display: inline;color:#000000;">Flyfish Management </font><font style="display: inline;color:#000000;">&amp;</font><font style="display: inline;color:#000000;"> Consulting</font><font style="display: inline;color:#000000;"> AG team. </font><font style="display: inline;color:#000000;">Flyfish Management </font><font style="display: inline;color:#000000;">&amp;</font><font style="display: inline;color:#000000;"> Consulting</font><font style="display: inline;color:#000000;"> AG is a </font><font style="display: inline;color:#000000;">company beneficially owned by Dr. Haitzmann</font><font style="display: inline;color:#000000;">. See &#x201C;Executive Agreements&#x201D; below.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> (7)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Includes </font><font style="display: inline;color:#000000;">$260,708, </font><font style="display: inline;color:#000000;">$</font><font style="display: inline;color:#000000;">311,583</font><font style="display: inline;color:#000000;"> and $</font><font style="display: inline;color:#000000;">139,253</font><font style="display: inline;color:#000000;"> for </font><font style="display: inline;color:#000000;">2015, </font><font style="display: inline;color:#000000;">201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> and 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">, respectively, which have been paid to Mr. Hoetzinger under his employment agreement, and $360,000 for each of </font><font style="display: inline;color:#000000;">2015, </font><font style="display: inline;color:#000000;">201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> and 201</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">, which were paid to Focus Lifestyle </font><font style="display: inline;color:#000000;">and</font><font style="display: inline;color:#000000;"> Entertainment AG under a management agreement between Focus Lifestyle </font><font style="display: inline;color:#000000;">and</font><font style="display: inline;color:#000000;"> Entertainment AG and our subsidiary. Under this management agreement, we contract certain services from Focus Lifestyle </font><font style="display: inline;color:#000000;">and</font><font style="display: inline;color:#000000;"> Entertainment AG to be provided by Mr. Hoetzinger and other members of the Focus Lifestyle </font><font style="display: inline;color:#000000;">and</font><font style="display: inline;color:#000000;"> Entertainment AG team. Focus Lifestyle </font><font style="display: inline;color:#000000;">and</font><font style="display: inline;color:#000000;"> Entertainment AG is a wholly-owned subsidiary of The Hoetzinger&#x2019;s Family Foundation (&#x201C;Hoetzinger Familienprivatstiftung&#x201D;). See &#x201C;Executive Agreements&#x201D; below.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> (8)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Represents amounts paid to </font><font style="display: inline;color:#000000;">Flyfish Management </font><font style="display: inline;color:#000000;">&amp; Consulting</font><font style="display: inline;color:#000000;"> AG under the management agreement described in footnote (</font><font style="display: inline;color:#000000;">6</font><font style="display: inline;color:#000000;">) above.&nbsp; </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;color:#000000;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-size:10pt;;"> (9)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Represents amounts paid to Focus Lifestyle </font><font style="display: inline;color:#000000;">and Entertainment</font><font style="display: inline;color:#000000;"> AG under the management agreement described in footnote (</font><font style="display: inline;color:#000000;">7</font><font style="display: inline;color:#000000;">) above.&nbsp;</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;color:#000000;">GRANTS OF PLAN-BASED AWARDS</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">The named executive officers were not granted any equity awards during 2015.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">26</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The following table sets forth the number of options held by our named executive officers as of December 31, 201</font><font style="display: inline;">5</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
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				<td valign="top" style="width:15.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
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						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.9pt;">
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						&nbsp;</p>
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				<td valign="bottom" style="width:20.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.9pt;">
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
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					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td rowspan="2" valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;height:14.40pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Name</font></p>
				</td>
				<td rowspan="2" valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;height:14.40pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Grant Date</font></p>
				</td>
				<td colspan="4" valign="middle" style="width:61.88%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:14.40pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Option Awards</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:105.35pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Number of Securities Underlying Unexercised Options</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Exercisable</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">(#) (1)</font></p>
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:105.35pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Number of Securities Underlying Unexercised Options</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Unexercisable</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">(#) (1)</font></p>
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:105.35pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Option</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Exercise Price</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">($)</font></p>
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:105.35pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Option</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Expiration Date</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;"> (2)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:17.50pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Erwin Haitzmann </font></p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:17.50pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12/26/2014</font></p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:17.50pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">225,000&nbsp;
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:17.50pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">225,000&nbsp;
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:17.50pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">5.05&nbsp;
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:17.50pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12/26/2024</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Peter Hoetzinger </font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12/26/2014</font></p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">225,000&nbsp;
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">225,000&nbsp;
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">5.05&nbsp;
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12/26/2024</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Margaret Stapleton</font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">11/19/2008</font></p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">3,451&nbsp;
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">0.93&nbsp;
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">11/19/2018</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">05/26/2010</font></p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">15,000&nbsp;
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">2.30&nbsp;
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">05/26/2020</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12/26/2014</font></p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">37,500&nbsp;
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">37,500&nbsp;
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">5.05&nbsp;
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12/26/2024</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Andreas Terler</font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">07/03/2007</font></p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">10,000&nbsp;
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">9.00&nbsp;
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">07/03/2017</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:22.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12/26/2014</font></p>
				</td>
				<td valign="bottom" style="width:15.32%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">25,000&nbsp;
				</td>
				<td valign="bottom" style="width:15.80%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">50,000&nbsp;
				</td>
				<td valign="bottom" style="width:10.72%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">5.05&nbsp;
				</td>
				<td valign="bottom" style="width:20.04%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;height:10.80pt;padding:0pt 6.9pt;">
					<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12/26/2024</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="border-bottom:1pt none #D9D9D9 ;color:#000000;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;font-weight:normal;font-size:10pt;border-bottom:1pt none #D9D9D9;color:#000000;line-height:normal;text-align:justify;text-justify:inter-ideograph;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-bottom:1pt none #D9D9D9 ;color:#000000;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">The options granted on July 3, 2007 and May 26, 2010 vested 10% on the first anniversary of the grant date, 20% on the second anniversary of the grant date, 30% on the third anniversary of the grant date and 40% on the fourth anniversary of the grant date. The options granted on November 19, 2008 vested</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> on April 30, 2009</font><font style="display: inline;font-family:Times New Roman;color:#000000;">.</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> The options granted on December 26, 2014 vest 25% on the grant date, 25% on the first anniversary of the grant date, 25% on the second anniversary of the grant date and 25% on the third anniversary of the grant date.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Times New Roman;font-weight:normal;font-size:10pt;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;color:#000000;line-height:normal;text-align:justify;text-justify:inter-ideograph;;"> (2)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">All options included in the above table expire ten years from the date of grant.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-indent:0pt;text-align:left;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;color:#000000;text-decoration:underline;">OPTION EXERCISES AND STOCK VESTED IN 2015</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;line-height:normal;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:left;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;line-height:normal;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The following table sets forth the option</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">s</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> exercise</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">d</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> and stock vested </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">during 2015 for</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> our named executive officers.</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:left;border-top:1pt none #D9D9D9 ;text-decoration:none;line-height:normal;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:612.55pt;margin-left:22.5pt;">
			<tr>
				<td colspan="2" valign="top" style="width:273.40pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td colspan="3" valign="top" style="width:215.30pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:123.85pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td rowspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:225.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Name</font></p>
				</td>
				<td colspan="3" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:243.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Option </font><font style="display: inline;font-weight:bold;color:#000000;">A</font><font style="display: inline;font-weight:bold;color:#000000;">wards</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:122.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Number of </font><font style="display: inline;font-weight:bold;color:#000000;">S</font><font style="display: inline;font-weight:bold;color:#000000;">hares </font><font style="display: inline;font-weight:bold;color:#000000;">A</font><font style="display: inline;font-weight:bold;color:#000000;">cquired on </font><font style="display: inline;font-weight:bold;color:#000000;">E</font><font style="display: inline;font-weight:bold;color:#000000;">xercise</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">(#)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:120.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Value </font><font style="display: inline;font-weight:bold;color:#000000;">R</font><font style="display: inline;font-weight:bold;color:#000000;">ealized on </font><font style="display: inline;font-weight:bold;color:#000000;">E</font><font style="display: inline;font-weight:bold;color:#000000;">xercise ($)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:225.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Erwin Haitzmann</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:122.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:120.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:225.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:122.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:120.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:225.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Peter Hoetzinger</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:122.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:120.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">-</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:225.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:122.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:120.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:225.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Margaret Stapleton</font><font style="display: inline;color:#000000;"> (1)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:122.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">3,000</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:120.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">15,690</font></p>
				</td>
			</tr>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:122.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:120.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:225.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Andreas Terler</font><font style="display: inline;color:#000000;"> (2)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:122.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">25,000</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:120.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">62,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Based on the closing price ($6.16) of our common stock on the NASDAQ Capital Market on August 20, 2015, the date the options were exercised.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (2)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Based on the closing price ($7.53) of our common stock on the NASDAQ Capital Market on December 11, 2015, the date the options were exercised. Mr. Terler exercised his options through a net share settlemen</font><font style="display: inline;color:#000000;">t, under which</font><font style="display: inline;color:#000000;"> 25,000 shares were exercised and 8,233 shares were issued.</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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			<font style="color:#0000FF;border-bottom-style:double;border-bottom-width:2pt;font-weight:bold;color:#000000;height:100%;text-indent:0pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:left;border-top:1pt none #D9D9D9 ;line-height:normal;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">27</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-indent:0pt;text-align:left;border-top:1pt none #D9D9D9 ;line-height:normal;text-justify:inter-ideograph;font-family:Times;color:#000000;;font-size: 10pt"><font style="color:#0000FF;display: inline;font-weight:bold;color:#000000;text-decoration:none;">Executive Agreements</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;text-decoration:none;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-style:italic;color:#000000;text-decoration:none;">Employment Agreements</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;text-decoration:none;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">I</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">n October 2001, we entered into separate employment agreements with </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Dr.</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> Haitzmann and </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Mr.</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> Hoetzinger. The agreements were amended </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">i</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">n February 2003 to extend the employment</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> periods</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> to December 31, 2008 and to specify the duties of Dr. Haitzmann and Mr. Hoetzinger. The agreements were further amended </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">i</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">n February 2005 to assign the employment agreements to our wholly-owned foreign subsidiary, to include changes to the employees&#x2019; salary and termination clauses, and to extend the employment</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> periods</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> to December 31, 2009 and for five-year renewable periods thereafter, unless sooner terminated by them or us. Effective September 2006, the employment agreements were further amended to provide each executive officer with life insurance. On November </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">3</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">, 20</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">14</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">, the employment</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> periods</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> we</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">re extended to December 31, 2019</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">.</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> On September 30, 2015, Dr. Haitzmann&#x2019;s </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">employment </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">agreement was further amended to assign </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">his</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> employment agreement to another of our wholly-owned subsidiaries</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> and to include changes to carryover benefits </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">in connection with such assignment</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">.</font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;text-decoration:none;">In November 2013, the Compensation Committee approved an &#x20AC;150,000 increase in the annual salary of each of the Co Chief Executive Officers, effective as of November 2013. In connection with the salary increase, the Compensation Committee amended the </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">employment agreement of each Co Chief Executive Officer to require each Co Chief Executive Officer to use 25% of the after-tax salary increase to purchase our common stock. In August 2014, the Compensation Committee revised the Co Chief Executive Officers&#x2019; stock purchase requirement to provide that each Co </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">Chief Executive Officer</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> has a</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">three-year time period, which began on January 1, </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">2014</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">, to complete the purchase of additional shares of our common stock using the after-tax amount of &#x20AC;112,500 of such Co Chief Executive Officer&#x2019;s salary</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">. &nbsp;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Under the employment agreements,</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> as compensation for the services rendered by Dr. Haitzmann and Mr. Hoetzinger to us, Dr. Haitzmann and Mr. Hoetzinger are paid not less than </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">&#x20AC;</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">220,000 (approximately $</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">238,899</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> based on the exchange rate in effect on December 31, 201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">5</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">) in annual base salary, plus annual increases and bonuses, and such other incentives, benefits, insurance policies and compensation as may have been and may be awarded to them from time to time by the Compensation Committee. We provide Dr. Haitzmann and Mr. Hoetzinger with, or reimburse them for, all reasonable expenses incurred in connection with the performance of their duties as our executives. Dr. Haitzmann and Mr. Hoetzinger are also each entitled to the use of </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">an automobile</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> provided to them and paid for by us for business and personal purposes</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">; provided that Dr. Haitzmann may elect to receive a monthly automobile allowance instead of using an automobile provided by us</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">. &nbsp;</font>
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			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">If</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> either or both of Dr. Haitzmann and/or Mr. Hoetzinger die</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">s</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> or become</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">s</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> disabled during the term of his employment, the employment agreements provide for the continuation of salary for </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">12</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> months.&nbsp; </font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;text-decoration:none;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The employment agreements provide for certain payments and benefits to be made to Dr. Haitzmann and/or Mr. Hoetzinger should either or both of them be terminated without cause or should either or both of them terminate their own employment for cause</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> or in the case of a change of control</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">.&nbsp;&nbsp;These payments and benefits include: (i) continuation of salary and bonuses for three years from the notification of termination, (ii) immediate vesting of all outstanding equity awards, (iii) an option to serve as a consultant for an additional three years at current salary plus previous year&#x2019;s bonus and current benefits, and (iv) being made whole on an after-tax basis with respect to any taxes that might become payable as a result of any action or provision in connection with a change of control. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The terms &#x201C;cause&#x201D; and &#x201C;change of control&#x201D; are as defined in &#x201C;Compensation Discussion and Analysis &#x2013; Change of Control and Severance Benefits&#x201D; above.</font>
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			<font style="color:#0000FF;display: inline;font-style:italic;color:#000000;text-decoration:none;">Management Agreements</font>
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			<font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">In addition to the employment agreements that we have with Dr. Haitzmann and Mr. Hoetzinger, we are party to separate management agreements with </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">Flyfish Management </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">&amp; Consulting</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG, a Swiss corporation</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> that is</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> beneficially owned by Dr. Haitzmann</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">, and with Focus Lifestyle </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">and Entertainment</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG, a Swiss corporation </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">that</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">&nbsp;</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">is a </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">wholly-owned subsidiar</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">y</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> of </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">Mr. Hoetzinger&#x2019;s </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">family foundation.&nbsp;&nbsp;Under the management agreement with </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">Flyfish Management </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">&amp; Consulting</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG, executive casino management services from </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">Flyfish Management </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">&amp; Consulting</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG are provided to us by a team of persons, of which Dr. Haitzmann is a member. Under the management agreement with Focus Lifestyle </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">and Entertainment</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG, executive casino management services from Focus Lifestyle </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">and Entertainment</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG are provided to us by a team of persons, of which Mr. Hoetzinger is a member. The management agreements with </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">Flyfish Management </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">&amp; Consulting</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG and Focus Lifestyle </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">and Entertainment</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG are effective through December 31, 2016 and for five-year renewable periods thereafter, unless sooner terminated by them or by us. The management agreements provide for an annual base management fee of $360,000 to each of </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">Flyfish Management </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">&amp; Consulting</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG and Focus Lifestyle </font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">and Entertainment</font><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;"> AG, plus such annual increases and bonuses, and such other incentives, benefits and compensation as may be awarded to them, respectively, by the Compensation Committee. </font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">28</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt"><font style="color:#0000FF;display: inline;font-family:Times New Roman;color:#000000;text-decoration:none;">Payments to each of these management companies are included as salary to the respective executive in the Summary Compensation Table. </font>
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			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The management agreements also provide for certain payments and benefits to be made to </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Flyfish Management </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">&amp; Consulting</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> AG and/or Focus Lifestyle </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">and Entertainment</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> AG should either or both of them terminate the agreement for cause</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> or should either or both of them be terminated by us without cause</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">.&nbsp;&nbsp;These payments and benefits include: (i) a lump sum cash payment of three times the current management fee and three times the average bonus for the prior three years and (ii) an option to continue to serve as a consultant for three years at the then-current management fee, prior year&#x2019;s bonus and current benefits.&nbsp;&nbsp;For the purposes of the determination of these payments and benefits, &#x201C;cause&#x201D; means (i) our failure for any reason, within </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">30</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> days after receipt of written notice, to correct, cease or otherwise alter any material adverse change in the conditions of engagement, including but not limited to any change in duties or (ii) a change of control has occurred.</font>
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			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">For the purposes of the prior two paragraphs, a &#x201C;change of control&#x201D; </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">is as defined in &#x201C;Compensation Discussion and Analysis &#x2013; Change of Control and Severance Benefits&#x201D; above.</font>
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			<font style="color:#0000FF;display: inline;font-weight:bold;color:#000000;text-decoration:underline;">POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE OF CONTROL</font>
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			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">We have entered into employment agreements with </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">certain of </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">our named executive officers that require us to make payments and provide various benefits in the event of the executive&#x2019;s termination or a change </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">of control</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">.</font>
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			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">The terms of the agreements and the estimated value of the payments and benefits due to the executives pursuant to their agreements under various termination events are detailed below.</font>
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			<font style="color:#0000FF;display: inline;font-weight:bold;color:#000000;text-decoration:none;">Erwin Haitzmann and Peter Hoetzinger. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Pursuant to Dr. Haitzmann&#x2019;s and Mr. Hoetzinger&#x2019;s employment agreements and management agreements, if we terminate these agreements without cause, if either officer terminates these agreements for cause or upon a change in our control, each of them will be entitled to:</font>
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		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
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			<font style="display: inline;color:#000000;">a lump sum cash benefit payment of three times his current annual </font><font style="display: inline;color:#000000;">salary and </font><font style="display: inline;color:#000000;">management fee, plus three times his average bonus for the last three years;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">at his sole option, elect to serve as a consultant to us for an additional period of</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">three years</font><font style="display: inline;color:#000000;"> in exchange for receiving annually</font><font style="display: inline;color:#000000;"> his current</font><font style="display: inline;color:#000000;"> base salary, the current </font><font style="display: inline;color:#000000;">management fee</font><font style="display: inline;color:#000000;"> under the management agreement</font><font style="display: inline;color:#000000;">, his previous year&#x2019;s bonus and current benefits. During such additional period of three years, </font><font style="display: inline;color:#000000;">he</font><font style="display: inline;color:#000000;"> would be required to keep himself reasonably available to us to render advice or to provide services for no more than </font><font style="display: inline;color:#000000;">30</font><font style="display: inline;color:#000000;"> days per year;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">all of his and his management company&#x2019;s unvested stock and stock options shall immediately vest and he will have the option to (i) receive an immediate payment of the stock value and the higher of (a) the value according to the Black Scholes model, or </font><font style="display: inline;color:#000000;">(b) the &#x201C;in-the-money value&#x201D; of his options as of the date of such written notice; or </font><font style="display: inline;color:#000000;">(</font><font style="display: inline;color:#000000;">ii</font><font style="display: inline;color:#000000;">) receive an immediate cash bonus from us enabling him, after full payment of all his taxes on such cash bonus, to exercise 100% of his options and continue to hold his stock, with the right to &#x201C;put&#x201D; or sell the stock back to us for cash at the stock value at his sole election within three years after his termination</font><font style="display: inline;color:#000000;">; and</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">being made whole on an after-tax basis with respect to any taxes that may become payable as a result of any action or provision in connection with a change of control.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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			<font style="display: inline;color:#000000;">If either </font><font style="display: inline;color:#000000;">Dr. Haitzmann or Mr. Hoetzinger</font><font style="display: inline;color:#000000;"> terminates his agreement without cause, we have the option of either (i)</font><font style="display: inline;color:#000000;"> to accept his resignation, effective immediately on receipt of such written notice; or (ii) to require him to continue to perform his duties hereunder, for a period not to exceed six months from the date of receipt of such written notice. In either event, he shall </font><font style="display: inline;color:#000000;">continue to receive</font><font style="display: inline;color:#000000;"> the same compensation</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">management fee for a period of six months from the date of written notice or termination. Such compensation shall be paid to him in six equal, successive monthly payments, beginning on the </font><font style="display: inline;color:#000000;">first</font><font style="display: inline;color:#000000;"> day of the month immediately following the date of written notice of termination.</font><font style="display: inline;color:#000000;"> Upon termination due to death or disability, Dr. Haitzmann and Mr. Hoetzinger are each entitled to receive 12 months of salary paid on a </font><font style="display: inline;color:#000000;">monthly</font><font style="display: inline;color:#000000;"> basis.</font>
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			<font style="display: inline;color:#000000;">Under the terms of the employment agreements, each</font><font style="display: inline;color:#000000;"> executive</font><font style="display: inline;color:#000000;"> is required to</font><font style="display: inline;color:#000000;"> not disclose any confidential or proprietary information relating to us</font><font style="display: inline;color:#000000;"> to third parties</font><font style="display: inline;color:#000000;">.</font><font style="display: inline;color:#000000;">&nbsp;</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">29</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;">Assuming Dr. Haitzmann was terminated on December 31, 2015 or that a change </font><font style="display: inline;">of control</font><font style="display: inline;"> occurred on such date, and assuming further that the market value of his unvested awards was $7.78</font><font style="display: inline;"> per share of common stock</font><font style="display: inline;">, which was the </font><font style="display: inline;">closing</font><font style="display: inline;"> price of our stock on December 31, 2015, Dr. Haitzmann would</font><font style="display: inline;"> have</font><font style="display: inline;"> be</font><font style="display: inline;">en</font><font style="display: inline;"> eligible for the following payments and benefits:</font>
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						&nbsp;</p>
				</td>
				<td colspan="3" valign="top" style="width:115.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="3" valign="top" style="width:115.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Salary</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(1)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Bonus </font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(2)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Value of Continued Benefits</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(3)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Value of Austrian severance benefits </font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(4)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Value of Accelerated Option Awards</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(5)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Total</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Company with Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Company without Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">3,685,632</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">900,000</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">32,601</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">248,305</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">5,386,154</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">10,252,692</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Employee with Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">3,685,632</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">900,000</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">32,601</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">248,305</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">5,386,154</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">10,252,692</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Employee without Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">307,136</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">307,136</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Upon Change of Control</font><font style="display: inline;"> (6)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">4,677,918</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">1,142,308</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">32,601</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">248,305</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">5,386,154</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">11,487,286</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Retirement</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">307,136</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">248,305</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">555,441</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Disability</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">254,272</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">248,305</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">502,577</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:127.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Death (7)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:68.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">254,272</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:67.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:68.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">124,153</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:69.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:55.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">378,425</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Dr. Haitzmann</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> and </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Flyfish Management &amp; Consulting AG</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> would </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">have </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">be</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">en</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> paid </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">a lump sum of $1,842,816 for </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">termination by the Company without cause, termination by employee with cause or upon a change of control,</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> and</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> the remaining $1,842,816 w</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">ould</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">have </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">be</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">en</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> paid over a three-year period. Dr. Haitzmann&#x2019;s salary w</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">ould</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">have </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">be</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">en</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> paid in six monthly installments for termination by employee without cause </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">or in 12 monthly installments for termination due to</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> death or disability.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (2)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Dr. Haitzmann and </font><font style="display: inline;color:#000000;">Flyfish Management &amp; Consulting AG</font><font style="display: inline;color:#000000;"> would</font><font style="display: inline;color:#000000;"> have</font><font style="display: inline;color:#000000;"> be</font><font style="display: inline;color:#000000;">en</font><font style="display: inline;color:#000000;"> paid a lump sum of $</font><font style="display: inline;color:#000000;">450,000</font><font style="display: inline;color:#000000;"> for termination by the Company without cause, termination by employee with cause or upon a change of control,</font><font style="display: inline;color:#000000;"> and</font><font style="display: inline;color:#000000;"> the remaining $</font><font style="display: inline;color:#000000;">450,000</font><font style="display: inline;color:#000000;"> &nbsp;w</font><font style="display: inline;color:#000000;">ould</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">have </font><font style="display: inline;color:#000000;">be</font><font style="display: inline;color:#000000;">en</font><font style="display: inline;color:#000000;"> paid over a three-year period.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (3)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Consists of medical benefits payable for a period of three years.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (4)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Under Austrian law, Dr. Haitzmann is entitled to receive a severance payment (known as &#x201C;Abfertigung&#x201D;) upon his termination of employment or upon his retirement from the Company.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (5)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Dr. Haitzmann has </font><font style="display: inline;color:#000000;">stock options for </font><font style="display: inline;color:#000000;">450,000 shares</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;"> of </font><font style="display: inline;color:#000000;">which 225,000 options remain unvested,</font><font style="display: inline;color:#000000;"> as of December 31, 2015. The value includes a tax gross-up using a tax rate of </font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">5</font><font style="display: inline;color:#000000;">%</font><font style="display: inline;color:#000000;">.</font><font style="display: inline;color:#000000;"> The </font><font style="display: inline;color:#000000;">Malta </font><font style="display: inline;color:#000000;">tax rate for individuals is a progressive rate from 0% to </font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">5%, the highest rate was used to calculate the value of accelerated option awards.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (6)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">In accordance with the terms of Dr. Haitzmann&#x2019;s employment agreement, the amounts of Dr. Haitzmann&#x2019;s salary, bonus and acceleration of his option awards include a tax gross-up using a tax rate of 35%.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (7)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Austrian severance benefits would only be paid out if the successors are dependents or are entitled to the benefit.</font></p></td></tr></table></div>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">30</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;">Assuming Mr. Hoetzinger was terminated on December 31, 2015 or that a change </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">of control</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> occurred on such date, and assuming further that the market value of his unvested awards was $7.78</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> per share of common stock</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">, which was the </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">closing</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> price of our stock on December 31, 2015, Mr. Hoetzinger would</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> have</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> be</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">en</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> eligible for the following payments and benefits:</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:514.05pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:75.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:0.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
					<p style="margin:0pt;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt;font-family:Times New Roman;overflow: hidden;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:75.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:0.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:0.95pt;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:75.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:0.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:0.95pt;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:75.95pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:0.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:0.95pt;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:76.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:0.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:0.95pt;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="3" valign="top" style="width:76.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:0.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:0.95pt;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:54.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:54.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Salary</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(1)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:54.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Bonus </font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(2)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:54.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Value of Continued Benefits</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(3)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:54.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Value of Austrian severance benefits </font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(4)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:54.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Value of Accelerated Option Awards</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)(5)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:54.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Total</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Company with Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Company without Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">3,724,250</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">900,000</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">43,590</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">148,084</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">7,780,000</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12,</font><font style="display: inline;">595,924</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Employee with Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">3,724,250</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">900,000</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">43,590</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">148,084</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">7,780,000</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">12,</font><font style="display: inline;">595,924</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Employee without Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">310,354</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">310,354</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Upon Change of C</font><font style="display: inline;">ontrol</font><font style="display: inline;"> (6)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">6,000,181</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">1,450,000</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">43,590</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">148,084</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">7,780,000</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">15,</font><font style="display: inline;">421,855</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:11.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Retirement</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">310,354</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">148,084</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">458,438</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Disability</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">260,708</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">148,084</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">408,792</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:128.55pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:128.55pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Death</font><font style="display: inline;"> (7)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">260,708</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">74,042</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:64.25pt;height:10.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">334,750</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-weight:normal;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Arrus BT;font-weight:bold;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Mr. Hoetzinger and </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Focus Lifestyle and Entertainment AG</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">would </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">have </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">be</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">en</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> paid a lump sum of $</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">1,862,125</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> for </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">termination by the Company without cause, termination by employee with cause or upon a change of control, </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">and </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">the remaining $1,862,125 </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">would</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">have </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">be</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">en</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> paid over a three-year period. Mr. Hoetzinger&#x2019;s salary </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">would</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">have been </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">paid in six monthly installments for termination by employee without cause </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">or </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">in 12 monthly installments for </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">termination due to</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> death or disability.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (2)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Mr. Hoetzinger and </font><font style="display: inline;color:#000000;">Focus Lifestyle and Entertainment AG</font><font style="display: inline;font-weight:bold;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">would</font><font style="display: inline;color:#000000;"> have</font><font style="display: inline;color:#000000;"> be</font><font style="display: inline;color:#000000;">en</font><font style="display: inline;color:#000000;"> paid a lump sum of $</font><font style="display: inline;color:#000000;">450,000</font><font style="display: inline;color:#000000;"> for termination by the Company without cause, termination by employee with cause or upon a change of control,</font><font style="display: inline;color:#000000;"> and</font><font style="display: inline;color:#000000;"> the remaining $</font><font style="display: inline;color:#000000;">450,000</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">would</font><font style="display: inline;color:#000000;"> have</font><font style="display: inline;color:#000000;"> be</font><font style="display: inline;color:#000000;">en</font><font style="display: inline;color:#000000;"> paid over a three-year period.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (3)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Consists of medical benefits payable for a period of three years.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (4)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Under Austrian law, Mr. Hoetzinger is entitled to receive a severance payment (known as &#x201C;Abfertigung&#x201D;) upon his termination of employment or upon his retirement from the Company.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (5)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Mr. Hoetzinger has </font><font style="display: inline;color:#000000;">stock options for </font><font style="display: inline;color:#000000;">450,000 shares</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;"> of </font><font style="display: inline;color:#000000;">which 225,000 options remain</font><font style="display: inline;color:#000000;"> unvested</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;"> as of December 31, 2015. The value includes a tax gross-up using a tax rate of </font><font style="display: inline;color:#000000;">55%</font><font style="display: inline;color:#000000;">. The Austrian tax rate for individuals is a progressive rate from 0% to 55%, the highest rate was used to calculate the value of accelerated option awards.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (6)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">In accordance with the terms of Mr. Hoetzinger&#x2019;s employment agreement, the amounts for Mr. Hoetzinger&#x2019;s salary, bonus and acceleration of his option awards include a tax gross-up using a tax rate of 55%.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (7)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Austrian severance benefits would only be paid out if the successors are dependents or are entitled to the benefit.</font></p></td></tr></table></div>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-weight:normal;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">Margaret Stapleton. </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> &nbsp;M</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">s.</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> Stapleton does not have a</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">n</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> employment agreement with us.</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> If we terminate her employment without cause she would be entitled to all earned salary through the last day of employment. </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Ms. Stapleton is not entitled to any payments</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> and there is no acceleration of options</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;"> upon a change </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">of control</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">. &nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">31</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">Andreas Terler.</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> Pursuant to Mr. Terler&#x2019;s employment agreement, if we terminate his agreement without cause he will be entitled to</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> all earned salary through the last day of employment.</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">Mr. Terler is not entitled to any payments upon a change </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">of control</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> under his employment agreement. </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">However, </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">75,000</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> stock options</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> granted to</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> Mr. Terler</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> in 2014</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> will vest immediately</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> under the terms of his option</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> award</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;"> agreement</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;">.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Assuming Mr. Terler was terminated on December 31, 2015 or that a change </font><font style="display: inline;">of control</font><font style="display: inline;"> occurred on such date, and assuming that the market value of his unvested equity awards was $7.78</font><font style="display: inline;"> per share of common stock</font><font style="display: inline;">, which was the </font><font style="display: inline;">closing</font><font style="display: inline;"> price of our stock on December 31, 2015, Mr. Terler would</font><font style="display: inline;"> have</font><font style="display: inline;"> be</font><font style="display: inline;">en</font><font style="display: inline;"> eligible for the following payments and benefits:</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:85.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:85.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:85.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:85.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:85.15pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="3" valign="top" style="width:85.15pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Salary</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Bonus </font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Value of Continued Benefits</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Value of Accelerated </font><font style="display: inline;">Option</font><font style="display: inline;"> Awards</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)</font><font style="display: inline;">(1)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Total</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">($)</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Company with Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Company without Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Employee with Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">By Employee without Cause</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Upon Change of control</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">1,296,667</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">1,296,667</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Death or Disability</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:72.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Mr. Terler has </font><font style="display: inline;color:#000000;">stock options for </font><font style="display: inline;color:#000000;">75,000 shares</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;"> of </font><font style="display: inline;color:#000000;">which 50,000 options remain </font><font style="display: inline;color:#000000;">unvested</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;"> that allow for immediate vesting due to change of control as of December 31, 2015. The value includes a tax gross-up using a tax rate of </font><font style="display: inline;color:#000000;">55%</font><font style="display: inline;color:#000000;">. The Austrian tax rate for individuals is a progressive rate from 0% to 55%, the highest rate was used to calculate the value of accelerated option awards.</font></p></td></tr></table></div>
		<p style="margin:0pt;line-height:100%;text-align:left;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-weight:normal;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:left;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">EQUITY COMPENSATION PLAN INFORMATION</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Information relating to securities authorized for issuance under our Amended 2005 Plan as of December 31, 2015 is as follows:</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:127.65pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:101.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:127.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:127.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Plan category</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Number of securities to be issued upon exercise of outstanding options, warrants and rights</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">(a)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Weighted-average exercise price of outstanding options, warrants and rights</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">(b)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">(c)</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Equity compensation plans approved by security holders</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">1,505,386 (1)</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">$5.04</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Equity compensation plans not approved by security holders</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">Total</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">1,505,386</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">$5.04</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:108.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">-</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 13.5pt;line-height:100%;text-indent: -13.5pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;color:#000000;">(1) As of December 31, 2015, there were 1,505,386 shares of common stock issuable upon exercise of outstanding options and other rights exercisable under the Amended 2005 Plan, which expired in June 2015.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">32</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 0pt 13.5pt;line-height:100%;text-indent: -13.5pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;;font-size: 10pt"><font style="display: inline;font-weight:normal;"></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;">Notwithstanding anything to the contrary set forth in any of our filings under the Securities Act or the Exchange Act, the following report of the Audit Committee shall not be incorporated by reference into any such filings and shall not otherwise be deemed filed under such acts.</font>
		</p>
		<p style="margin:0pt;text-align:center;border-bottom:1pt none #D9D9D9 ;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">REPORT OF THE AUDIT COMMITTEE</font>
		</p>
		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;punctuation-wrap:hanging;vertical-align:baseline;font-family:Arial;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">OF THE BOARD OF DIRECTORS</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The Audit Committee has reviewed and discussed with our management our audited consolidated financial statements of the Company for the year ended December 31, 201</font><font style="display: inline;">5</font><font style="display: inline;">. The Audit Committee discussed with Deloitte &amp; Touche LLP, the Company&#x2019;s independent registered public accounting firm, the matters required to be discussed by Auditing Standard No. 16 (Communications with Audit Committees).</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The Audit Committee has received the written disclosures and the letter from Deloitte &amp; Touche LLP required by the applicable requirements of the Public Company Accounting Oversight Board regarding the independent accountant's communications with the Audit Committee concerning independence, and has discussed with Deloitte &amp; Touche LLP its independence. </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Based upon the review and discussions noted above, the Audit Committee recommended to the Board that the Company&#x2019;s audited consolidated financial statements be included in the Company&#x2019;s Annual Report on Form 10-K for </font><font style="display: inline;">the year ended December 31, 201</font><font style="display: inline;">5</font><font style="display: inline;">, which was filed with the SEC on March </font><font style="display: inline;">1</font><font style="display: inline;">1, 2016</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Audit Committee:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Robert S. Eichberg, Chairman</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Gottfried Schellmann</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Dinah Corbaci</font>
		</p>
		<p style="margin:0pt;line-height:100%;border-bottom:1pt none #D9D9D9 ;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;border-top:1pt none #D9D9D9 ;text-align:center;font-family:Arrus BT;font-weight:bold;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">33</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;line-height:100%;border-top:1pt none #D9D9D9 ;text-align:center;font-family:Arrus BT;font-weight:bold;;font-size: 10pt"><font style="display: inline;"></font><font style="display: inline;font-family:Times New Roman;">PROPOSAL</font><font style="display: inline;font-family:Times New Roman;"> NO.</font><font style="display: inline;font-family:Times New Roman;"> &nbsp;2</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Arrus BT;font-weight:bold;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;">RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The Audit Committee of the Board has appointed </font><font style="display: inline;">Deloitte &amp; Touche LLP </font><font style="display: inline;">as the independent registered public accounting firm</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> to audit our consolidated financial statements for the fiscal year ending December 31, 201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">6</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">. On September 6, 2013, we engaged </font><font style="display: inline;">Deloitte &amp; Touche LLP </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">as our independent registered public accounting firm. The services provided to us by </font><font style="display: inline;">Deloitte &amp; Touche LLP </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">during </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">2015 and </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">4</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> are described under &#x201C;Principal Accounting Fees and Services&#x201D; below. Although ratification is not required by law, the Board has determined that it is desirable to seek stockholder ratification of this appointment in light of the critical role played by the independent registered public accounting firm in auditing our financial statements</font><font style="display: inline;">. Notwithstanding the selection or ratification of </font><font style="display: inline;">Deloitte &amp; Touche LLP</font><font style="display: inline;">, the Audit Committee, in its discretion, may appoint another independent registered public accounting firm at any time during the year if the Audit Committee believes that such a change would be in the best interests of us and our </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;">s</font><font style="display: inline;">. If the appointment is not ratified by our </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;">s, the Audit Committee may reconsider whether it should appoint another independent registered public accounting firm. A representative of </font><font style="display: inline;color:#000000;">Deloitte &amp; Touche LLP </font><font style="display: inline;">is expected to be present at the Annual Meeting, either in person or via telephone, to respond to appropriate questions and will have an opportunity to make a statement if the representative desires to do so.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">PRINCIPAL ACCOUNTING FEES AND SERVICES</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The following table sets forth the aggregate fees billed to us by </font><font style="display: inline;">Deloitte </font><font style="display: inline;">&amp; &nbsp;</font><font style="display: inline;">Touche LLP </font><font style="display: inline;">for the years ended December 31, </font><font style="display: inline;">2015</font><font style="display: inline;"> and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">201</font><font style="display: inline;">4</font><font style="display: inline;">:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td colspan="2" valign="top" style="width:170.20pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td colspan="3" valign="top" style="width:170.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="width:170.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" rowspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:170.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Fee Category</font></p>
				</td>
				<td colspan="3" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:201.60pt;border-bottom:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Year Ended December 31,</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:100.80pt;border-top:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">2015</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:100.80pt;border-top:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">2014</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:170.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Audit Fees (1)</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:100.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">$</font><font style="display: inline;">854,062</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:100.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">$883,043</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:170.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Audit Related Fees</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:100.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:100.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:170.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Tax Fees</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:100.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:100.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:170.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">All Other Fees</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:100.80pt;border-bottom:2pt double #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:100.80pt;border-bottom:2pt double #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">-</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:170.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Total</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:100.80pt;border-top:2pt double #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">$854,062</font></p>
				</td>
				<td colspan="2" valign="bottom" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:100.80pt;border-top:2pt double #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">$883,043</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Audit fees consist of fees incurred for professional services rendered for the audit of our consolidated financial statements included in our </font><font style="display: inline;color:#000000;">a</font><font style="display: inline;color:#000000;">nnual </font><font style="display: inline;color:#000000;">r</font><font style="display: inline;color:#000000;">eport</font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;"> on Form 10-K, reviews of the interim consolidated financial statements included in quarterly reports on Form 10-Q, consents for filings with the SEC and local statutory audits.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">The Audit Committee approved in advance all audit services provided in </font><font style="display: inline;color:#000000;">2015 and</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">201</font><font style="display: inline;color:#000000;">4</font><font style="display: inline;color:#000000;"> including audit engagement fees and terms provided to us by our independent auditors (subject to the de minimis exception for non-audit services contained in Section 10A(i)(1)(B) of the Exchange Act), all as required by applicable law or listing standards.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">The independent auditors and our management are required to periodically report to the Audit Committee the extent of services provided by the independent auditors and the fees associated with these services.</font>
		</p>
		<p style="margin:13.5pt 0pt 0pt;background-color: #FFFFFF;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;font-weight:bold;color:#000000;text-decoration:none;">Vote Required</font>
		</p>
		<p style="margin:9pt 0pt 0pt;background-color: #FFFFFF;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Ratification of the appointment of </font><font style="display: inline;color:#000000;">Deloitte &amp; Touche LLP </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">as our independent registered public accounting firm for the year ending December 31, 201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">6</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;"> requires the affirmative vote of a majority of our common stock present, either in person or by proxy, and entitled to vote.&nbsp; </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Abstentions effectively count as a vote &#x201C;against&#x201D; the proposal. </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">Broker non-votes will have no effect on the outcome of the proposal.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">THE BOARD RECOMMENDS A VOTE FOR THE RATIFICATION OF THE APPOINTMENT OF DELOITTE &amp; TOUCHE LLP AS OUR INDEPENDENT </font><font style="display: inline;font-weight:bold;color:#000000;">REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 201</font><font style="display: inline;font-weight:bold;color:#000000;">6</font><font style="display: inline;font-weight:bold;color:#000000;">.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">34</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">PROPOSAL NO. 3</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">ADVISORY VOTE ON EXECUTIVE COMPENSATION</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that we provide our stockholders with the opportunity to vote to approve, on a nonbinding, advisory basis, the compensation of our named executive officers as disclosed in this proxy statement. See &#x201C;</font><font style="display: inline;">Compensation Discussion and Analysis</font><font style="display: inline;">&#x201D; &nbsp;</font><font style="display: inline;">and &#x201C;Executive Compensation&#x201D; </font><font style="display: inline;">above. </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">In order to better align the long-term interests of our executives with our </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;">s and to attract and retain highly qualified executives, our compensation programs have been designed to provide competitive levels of compensation that integrate pay with our performance, with an emphasis on recognizing individual initiative and achievements and recognizing the complexity of our international operations. We base our compensation primarily on experience, expertise and performance, with a portion of potential compensation dependent upon our successful long-term performance and position in the international gaming industry. </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">At our Annual Meeting of Stockholders held on June 15, 2015, we conducted our annual advisory vote on the 2014 compensation program for our named executive officers. The 2014 compensation of our named executive officers received support from approximately 50% of the shares present and entitled to vote on the proposal. In response to these results, the Compensation Committee and the Board recognized the need to further improve and strengthen our overall compensation policy. </font><font style="display: inline;">At the direction of the Compensation Committee and the Board, the </font><font style="display: inline;">Company&#x2019;s Co CEOs engaged in significant outreach to our major stockholders that represent approximately 46% of our total stock ownership to elicit feedback and discuss any concerns they may have about our executive compensation programs and policies. Although some stockholders expressed support for the Company&#x2019;s compensation of executives, other stockholders commented that executive compensation should be aligned more closely with</font><font style="display: inline;"> the Company&#x2019;s performance and the long-term interests of the Company&#x2019;s stockholders and that the Compensation Committee should consider a combination of quantifiable performance metrics in establishing executive compensation. The Compensation Committee and management also engaged an independent advisor to assist us with</font><font style="display: inline;">:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">o</font><font style="display: inline;color:#000000;">verall executive compensation design, </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">executive compensation benchmarking and analytics, and </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">recommendations for annual incentive p</font><font style="display: inline;color:#000000;">lans, short </font><font style="display: inline;color:#000000;">term incentive plans and long-term incentive plans. </font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">Based on</font><font style="display: inline;color:#000000;"> these inputs, t</font><font style="display: inline;color:#000000;">he Compensation Committee is in the process of revising the design of our executive compensation program, which is expected to, among other things, increase the amount and type of performance-based compensation of our executive officers.&nbsp;&nbsp;The Compensation Committee also has recommended, and the Board of Directors has approved, a number of changes to the Company&#x2019;s compensation and governance policies in response to the advisory vote on the 2014 compensation program. </font><font style="display: inline;color:#000000;">These include:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Stock Ownership Policy</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Hedging and Pledging Policy</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">Clawback Policy</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">See &#x201C;Compensation Discussion and Analysis--Compensation Policies&#x201D; above.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">This vote is advisory, which means that the vote on executive compensation is not binding on the Company, our Board of Directors or the Compensation Committee of the Board of Directors. The vote on this resolution is not intended to address any specific element of compensation, but rather relates to the overall compensation of our named executive officers, as described in this proxy statement in accordance with the compensation disclosure rules of the SEC. To the extent there is a vote against our named executive officer compensation as disclosed in this proxy statement, the Compensation Committee will evaluate whether any actions are necessary to address our stockholders&#x2019; concerns. </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">The affirmative vote of a majority of the shares present or represented and entitled to vote either in person or by proxy is required to approve this Proposal No. 3. </font><font style="display: inline;color:#000000;">Abstentions effectively count as a vote &#x201C;against&#x201D; the proposal. </font><font style="display: inline;color:#000000;">Broker non-votes will have no effect on the outcome of the proposal. </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">35</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Accordingly, we ask our stockholders to vote on the following resolution at the Annual Meeting: </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#x201C;RESOLVED, that the Company&#x2019;s stockholders approve, on an advisory basis, the compensation of the named executive officers, as disclosed in the Company&#x2019;s Proxy Statement for the 201</font><font style="display: inline;">6</font><font style="display: inline;"> Annual Meeting of Stockholders pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the </font><font style="display: inline;">Compensation Discussion and Analysis, the </font><font style="display: inline;">Summary Compensation Table and the other related tables and disclosures.&#x201D; </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE &#x201C;FOR&#x201D; THE APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS, AS DISCLOSED IN THIS PROXY STATEMENT. </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">36</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">PROPOSAL NO. 4</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">APPROVAL AND ADOPTION OF THE CENTURY CASINOS, INC.</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">2016 EQUITY INCENTIVE PLAN</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Introduction</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">We are asking our stockholders to approve the Century Casinos, Inc. 2016 Equity Incentive Plan (the &#x201C;2016 Plan&#x201D;), which was approved by our Board of Directors, subject to stockholder approval, on </font><font style="display: inline;">April </font><font style="display: inline;">26</font><font style="display: inline;">, 2016</font><font style="display: inline;">. The 2016 Plan replaces the Amended 2005 Plan, which expired by its terms in June 2015. The 2016 Plan authorizes the issuance of </font><font style="display: inline;">3</font><font style="display: inline;">,500,000</font><font style="display: inline;">&nbsp;shares of our common stock.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Stockholder Approval and Board of Directors Recommendation</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Stockholder approval of the 2016 Plan is being sought in order to (i) satisfy the stockholder approval requirements of the NASDAQ Stock Market, (ii) satisfy the requirement that stockholders approve the material terms of awards intended to qualify as performance-based compensation under Section&nbsp;162(m) of the Code, and (iii) permit the grant of incentive stock options under Code Section 422.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Our Board of Directors recommends that our stockholders vote FOR approval of the 2016 Plan. The Board of Directors believes that we must offer a competitive equity incentive program if we are to continue to successfully attract and retain the best possible candidates for positions of responsibility. We expect that the 2016 Plan will be an important factor in attracting, retaining and rewarding the high caliber employees and non-employee directors essential to the Company&#x2019;s success, and in motivating these individuals to strive to enhance the Company&#x2019;s growth and profitability. The 2016 Plan is intended to ensure that the Company will have available an equity incentive program with a reasonable number of shares to meet these goals. Unless a contrary choice is specified, proxies solicited by the Board of Directors will be voted FOR approval of the 2016 Plan.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">Key Compensation Practices</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The 2016 Plan includes a number of features that we believe are consistent with the interests of our stockholders and sound corporate governance practices, including the following:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-style:italic;color:#000000;">No repricing of underwater options or stock appreciation rights without stockholder approval.</font><font style="display: inline;color:#000000;"> &nbsp;The 2016 Plan prohibits, without stockholder approval, actions to reprice, replace or repurchase options or stock appreciation rights (&#x201C;SARs&#x201D;) when the exercise price per share of an option or SAR exceeds the fair market value of the underlying shares.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-style:italic;color:#000000;">No discounted option or SAR grants.</font><font style="display: inline;color:#000000;"> &nbsp;The 2016 Plan requires that the exercise price of options or SARs be at least equal to the fair market value of our common stock on the date of grant (except in the limited case of &#x201C;substitute awards&#x201D; as described below).</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-style:italic;color:#000000;">Minimum vesting period for all awards.</font><font style="display: inline;color:#000000;"> &nbsp;A minimum vesting or performance period of one year is prescribed for all awards, subject only to limited exceptions.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-style:italic;color:#000000;">No liberal share recycling or reload provisions.</font><font style="display: inline;color:#000000;"> &nbsp;We may not add back to the 2016 Plan&#x2019;s share reserve shares that are delivered or withheld to pay the exercise price of an option award or to satisfy a tax withholding obligation in connection with any awards, shares that we repurchase using option exercise proceeds and shares subject to an SAR award that are not issued in connection with the stock settlement of that award upon its exercise. In addition, we may not grant any awards with automatic reload features.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-style:italic;color:#000000;">No liberal definition of &#x201C;change in control.&#x201D;</font><font style="display: inline;color:#000000;"> No change in control would be triggered by stockholder approval of a business combination transaction, the announcement or commencement of a tender offer or any Board assessment that a change in control is imminent.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-style:italic;color:#000000;">No automatic accelerated vesting of equity awards upon a change in control</font><font style="display: inline;color:#000000;">.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-style:italic;color:#000000;">Limit on non</font><font style="display: inline;color:#000000;">-</font><font style="display: inline;font-style:italic;color:#000000;">employee director awards</font><font style="display: inline;color:#000000;">.</font><font style="display: inline;font-style:italic;color:#000000;"> &nbsp; &nbsp;</font><font style="display: inline;color:#000000;">Equity awards to each non-employee director are subject to an annual grant date fair value limit of </font><font style="display: inline;color:#000000;">$500,000.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> &#x2220;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-style:italic;color:#000000;">Dividend equivalents subject to performance conditions.</font><font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;Dividends and dividend equivalents payable with respect to the unvested portion of awards whose vesting is subject to the satisfaction of performance conditions will be subject to the same restrictions as the underlying shares or units.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
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			<font style="display: inline;font-style:italic;color:#000000;">Hedging and Pledging.</font><font style="display: inline;color:#000000;"> Any shares acquired pursuant to the 2016 Plan are subject to our policy that provides for prohibitions on hedging transactions and pledging of our stock by our directors, officers and employees.</font></p></td></tr></table></div>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">37</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			<font style="display: inline;font-style:italic;color:#000000;">Clawback Policy.</font><font style="display: inline;color:#000000;"> Any shares acquired pursuant to the 2016 Plan are subject to our policy for recovery of equity-based and cash-based incentive compensation from our executive officers under certain circumstances, including accounting restatements.</font></p></td></tr></table></div>
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			<font style="display: inline;font-weight:bold;color:#000000;">Determination of 2016 Plan Share Reserve</font>
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			<font style="display: inline;color:#000000;">In determining the amount of the share reserve for the 2016 Plan, our Compensation Committee considered a number of factors, including the following:</font>
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			<font style="display: inline;font-style:italic;color:#000000;">Importance of long-term equity incentives</font><font style="display: inline;color:#000000;">. Long-term equity incentives play a critical role in our executive compensation program, motivating executives to make decisions that focus on long-term stockholder value creation, aligning executives&#x2019; interests with the interests of stockholders and serving as an effective retention device. Our ability to continue to provide a competitive level of long-term equity incentives is considered to be of utmost importance to our success.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
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			<font style="display: inline;font-style:italic;color:#000000;">Historical equity award burn rate</font><font style="display: inline;color:#000000;">. Our three-year average annual equity grant rate, or &#x201C;burn rate,&#x201D; for the 2013-2015 period </font><font style="display: inline;color:#000000;">was </font><font style="display: inline;color:#000000;">1.87</font><font style="display: inline;color:#000000;">%</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;This compares to benchmark guidance of </font><font style="display: inline;color:#000000;">4.04</font><font style="display: inline;color:#000000;">%</font><font style="display: inline;color:#000000;"> for our industry classification among Russell 3000 companies.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
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			<font style="display: inline;font-style:italic;color:#000000;">Overhang</font><font style="display: inline;color:#000000;">. As of December 31, 2015, the </font><font style="display: inline;color:#000000;">1,505,386</font><font style="display: inline;color:#000000;"> shares of our common stock subject to outstanding stock options and stock unit awards represented approximately </font><font style="display: inline;color:#000000;">6.2</font><font style="display: inline;color:#000000;">% of the number of our common shares outstanding. The </font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">,500,000</font><font style="display: inline;color:#000000;"> shares proposed for the 2016 Plan&#x2019;s share reserve would increase this overhang percentage to approximately </font><font style="display: inline;color:#000000;">11.7</font><font style="display: inline;color:#000000;">%.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt; display: inline;">
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			<font style="display: inline;font-style:italic;color:#000000;">Expected share usage and burn rate</font><font style="display: inline;color:#000000;">. We expect to continue making equity awards consistent with our past practices, and to maintain an average annual burn rate over the next three years of </font><font style="display: inline;color:#000000;">approximately </font><font style="display: inline;color:#000000;">2.0</font><font style="display: inline;color:#000000;">%.</font><font style="display: inline;color:#000000;"> On that basis, the Compensation Committee anticipates that the </font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">,500,000 shares</font><font style="display: inline;color:#000000;"> available for future awards under the 2016 Plan would be sufficient for equity awards for approximately </font><font style="display: inline;color:#000000;">six to seven </font><font style="display: inline;color:#000000;">years at the current stock price.</font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">Expectations regarding future share usage under the 2016 Plan are naturally based on a number of assumptions regarding factors such as our future stock price performance, future growth in the population of eligible participants, the rate of future compensation increases, the rate at which shares are returned to the 2016 Plan reserve through forfeitures, cancellations and the like, and the level at which performance-based awards pay out. While the Compensation Committee believes that the assumptions utilized are reasonable, future share usage will differ from current expectations to the extent that actual events differ from the assumptions utilized.</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">Description of the 2016 Plan</font>
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			<font style="display: inline;color:#000000;">The major features of the 2016 Plan are summarized below.&nbsp;&nbsp;The summary is qualified in its entirety by reference to the full text of the 2016 Plan, which is attached as Appendix A to this Proxy Statement.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Purpose of the Plan.</font><font style="display: inline;color:#000000;"> &nbsp;The 2016 Plan is intended to enable us to attract and retain the best available personnel for positions of responsibility, and to provide them with incentive awards intended to align their interests with those of our stockholders and thereby promote our long-term business success.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Eligible Participants.</font><font style="display: inline;color:#000000;"> &nbsp;Employees, consultants and advisors of the Company or any subsidiary, as well as non-employee directors of the Company, are eligible to receive awards under the 2016 Plan.&nbsp;&nbsp;As of March 31, 2016, there were approximately </font><font style="display: inline;color:#000000;">1,6</font><font style="display: inline;color:#000000;">8</font><font style="display: inline;color:#000000;">0</font><font style="display: inline;color:#000000;"> employees of the Company and its subsidiaries, three non-employee directors of the Company and an indeterminate number of consultants and advisors who could be eligible to receive awards under the 2016 Plan.&nbsp; </font><font style="display: inline;color:#000000;">Although not necessarily indicative of future grants under the 2016 Plan, as of the same date, approximately 35</font><font style="display: inline;color:#000000;"> of the 1,680 eligible employees and all of the non-employee directors have been granted awards under the Amended 2005 Plan, but no consultants or advisors have been granted awards under the Amended 2005 Plan.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Administration.</font><font style="display: inline;color:#000000;"> &nbsp;The 2016 Plan is administered by the Compensation Committee, except for awards to non-employee directors which are administered by the Board.&nbsp;&nbsp;To the extent consistent with applicable law, the Compensation Committee may delegate its duties, power and authority under the 2016 Plan to any of its members, to our executive officers or non-employee directors with respect to awards to participants who are not themselves our directors or executive officers, or to one or more agents or advisors with respect to non-discretionary administrative duties.</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">38</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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			<font style="display: inline;">The Compensation Committee has the authority to determine the persons to whom awards will be granted, the timing, type and number of shares covered by each award, and the terms and conditions of the awards.&nbsp;&nbsp;The Compensation Committee may also require or permit the deferral of the settlement of an award, establish and modify rules to administer the 2016 Plan, interpret the 2016 Plan and any related award agreement, cancel or suspend an award, accelerate the vesting of an award, and otherwise modify or amend the terms of outstanding awards to the extent permitted under the 2016 Plan.&nbsp;&nbsp;Unless an amendment to the terms of an award is necessary to comply with applicable laws or stock exchange rules, a participant whose rights would be materially impaired by such an amendment must consent to it.</font>
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			<font style="display: inline;">Except in connection with equity restructurings and other </font><font style="display: inline;">changes in the Company&#x2019;s capitalization</font><font style="display: inline;"> in which share adjustments are specifically authorized, the 2016 Plan prohibits the Compensation Committee from repricing any outstanding &#x201C;underwater&#x201D; option or SAR awards without the prior approval of our stockholders.&nbsp;&nbsp;For these purposes, a &#x201C;repricing&#x201D; includes amending the terms of an option or SAR award to lower the exercise price, canceling an option or SAR award in exchange for replacement option or SAR awards having a lower exercise price or canceling an underwater option or SAR award in exchange for cash, other property or a &#x201C;full value award&#x201D; (an equity-based award other than an option or SAR award).</font>
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			<font style="display: inline;">Subject to certain limits in the 2016 Plan, the Compensation Committee may also establish subplans or modify the terms of awards under the 2016 Plan with respect to participants who reside outside of the United States or are employed by a non-U.S. subsidiary in order to comply with local legal requirements.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Available Shares and Limitations on Awards.</font><font style="display: inline;"> &nbsp;A maximum of </font><font style="display: inline;">3</font><font style="display: inline;">,500,000 </font><font style="display: inline;">shares of our common stock are available for awards and issuance under the 2016 Plan.&nbsp;&nbsp;The shares of common stock that may be issued under the 2016 Plan are authorized but unissued or treasury shares.&nbsp;&nbsp;The number of shares of common stock subject to options or SARs that may be granted to any one participant during a calendar year under the 2016 Plan may not exceed </font><font style="display: inline;">1,000,000.</font><font style="display: inline;"> There are certain additional limitations on individual awards intended to qualify as performance-based compensation under Code Section 162(m), as discussed below.&nbsp;&nbsp;All of these share limitations are subject to adjustment for changes in our corporate </font><font style="display: inline;">capitalization</font><font style="display: inline;"> or shares, as described below.</font>
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			<font style="display: inline;">The aggregate grant date fair value of all awards granted during any calendar year under the 2016 Plan to any non-employee director (other than awards granted at the election of the director in lieu of cash retainers or fees otherwise payable to the director) may not </font><font style="display: inline;">exceed $500,000.</font>
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			<font style="display: inline;">The 2016 Plan share reserve will be reduced by one share for every one share subject to an option or SAR award, and by </font><font style="display: inline;">1.75</font><font style="display: inline;"> shares for every share subject to a full value award.&nbsp;&nbsp;Any shares of common stock subject to an award under the 2016 Plan that expires, is forfeited or cancelled, or is settled or paid in cash will, to the extent of such expiration, forfeiture, cancellation or cash settlement, automatically replenish the 2016 Plan share reserve based on the same share ratio by which the share reserve was decreased when the award was originally granted. However, any shares tendered or withheld to pay the exercise price of an option award, any shares tendered or withheld to satisfy a tax withholding obligation in connection with any award, any shares repurchased by us using option exercise proceeds and any shares subject to an SAR award that are not issued in connection with the stock settlement of that award on its exercise will not replenish the 2016 Plan share reserve.</font>
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			<font style="display: inline;">Awards granted or shares of our common stock issued under the 2016 Plan upon the assumption of, or in substitution or exchange for, outstanding equity awards previously granted by an entity acquired by us or any of our subsidiaries (referred to as &#x201C;substitute awards&#x201D;) will not reduce the share reserve under the 2016 Plan.&nbsp;&nbsp;Additionally, if a company acquired by us or any of our subsidiaries has shares available under a pre-existing plan approved by its stockholders and not adopted in contemplation of such acquisition, the unused shares under that pre-existing plan may be used for awards under the 2016 Plan and will not reduce the share reserve under the 2016 Plan, but only if the awards are made to individuals who were not employed by or providing services to us or any of our subsidiaries immediately prior to such acquisition.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Types of Awards.</font><font style="display: inline;"> The 2016 Plan permits us to grant stock option awards, SAR awards, restricted </font><font style="display: inline;">stock awards, stock unit awards</font><font style="display: inline;"> and other stock-based awards to eligible recipients.&nbsp;&nbsp;These types of awards are described in more detail below.</font>
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			<font style="display: inline;font-style:italic;">Options.</font><font style="display: inline;"> &nbsp;Employees of our Company or any subsidiary may be awarded &#x201C;incentive stock options&#x201D; within the meaning of Code Section 422, and any eligible recipient may be awarded options to purchase common stock that do not qualify as incentive stock options, referred to as &#x201C;nonqualified stock options.&#x201D;&nbsp;&nbsp;All </font><font style="display: inline;">3</font><font style="display: inline;">,500,000</font><font style="display: inline;"> shares comprising the 2016 Plan&#x2019;s initial share reserve may be the subject of incentive stock option awards.&nbsp;&nbsp;The </font><font style="display: inline;">per share </font><font style="display: inline;">exercise price to be paid by a participant at the time an option is exercised may not be less than 100% of the fair market value of one share of our common stock on the date of grant, unless the option is granted as a substitute award as described above.&nbsp;&nbsp;&#x201C;Fair market value&#x201D; under the 2016 Plan as of any date means the closing sale price of a share of our common stock on the NASDAQ Capital Market on that date.&nbsp;&nbsp;As of March 31, 2016, the closing sale price of a share of our common stock on the NASDAQ Capital Market was $6.16.</font>
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			<font style="display: inline;">The total purchase price of the shares to be purchased upon exercise of an option will be paid by the participant in cash unless the Compensation Committee allows exercise payments to be made, in whole or in part, (i) by means of a broker-assisted sale and remittance program, (ii) by delivery to us of shares of common stock already owned by the participant, or (iii) by a &#x201C;net exercise&#x201D; of the option in which a portion of the shares otherwise issuable upon exercise of the option are withheld by us.&nbsp;&nbsp;Any shares delivered or withheld in payment of an exercise price will be valued at their fair market value on the exercise date.</font>
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			<font style="display: inline;">An option will vest and become exercisable at such time</font><font style="display: inline;">s</font><font style="display: inline;">, in such installments and subject to such conditions as may be determined by the Compensation Committee, and no option may have a term greater than 10 years from its date of grant. No dividends or dividend equivalents will be paid with respect to shares subject to an option.</font>
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			<font style="display: inline;font-style:italic;">Stock Appreciation Rights.</font><font style="display: inline;"> &nbsp;A SAR award provides the right to receive a payment from us equal to the difference between (i) the fair market value as of the date of exercise of the number of shares of our common stock as to which the SAR is being exercised, and (ii) the aggregate exercise price of that number of shares.&nbsp;&nbsp;The Compensation Committee determines whether payment will be made in shares of our common stock, cash or a combination of both.&nbsp;&nbsp;The exercise price per share of a SAR award will be determined by the Compensation Committee, but may not be less than 100% of the fair market value of one share of our common stock on the date of grant, unless the SAR is granted as a substitute award as described earlier.&nbsp;&nbsp;A SAR award may not have a term greater than 10 years from its date of grant, and will be subject to such other terms and conditions, consistent with the terms of the 2016 Plan, as may be determined by the Compensation Committee.</font>
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			<font style="display: inline;font-style:italic;">Restricted Stock Awards.</font><font style="display: inline;"> &nbsp;A restricted stock award is an award of our common stock that vests at such times and in such installments as may be determined by the Compensation Committee.&nbsp;&nbsp;Until it vests, the shares subject to the award are subject to restrictions on transferability and the possibility of forfeiture.&nbsp;&nbsp;The Compensation Committee may impose such restrictions or conditions to the vesting of restricted stock awards as it deems appropriate, including that the participant remain continuously in our service for a certain period or that we, or any of our subsidiaries or business units, satisfy specified performance goals.&nbsp;&nbsp;Except for regular cash dividends on restricted stock awards that are subject only to service-based vesting conditions, dividends and distributions that are paid on restricted stock will be subject to the same restrictions as the underlying shares.&nbsp;&nbsp;Participants are entitled to vote</font><font style="display: inline;"> shares of</font><font style="display: inline;"> restricted stock prior to the time they vest.</font>
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			<font style="display: inline;font-style:italic;">Stock Unit Awards.</font><font style="display: inline;"> &nbsp;The grant of a stock unit provides the right to receive the fair market value a share of our common stock, payable in cash, shares, or a combination of both as determined by the Compensation Committee.&nbsp;&nbsp;A stock unit award vests at such times and in such installments as may be determined by the Compensation Committee.&nbsp;&nbsp;Until it vests, a stock unit award is subject to restrictions on transferability and the possibility of forfeiture.&nbsp;&nbsp;Stock unit awards will be subject to such terms and conditions, consistent with the other provisions of the 2016 Plan, as may be determined by the Compensation Committee.&nbsp;&nbsp;The Compensation Committee may provide for the payment or crediting of dividend equivalents on stock unit awards and other stock-based awards, but any dividend equivalents paid or credited on unvested awards of those types that are subject to performance-based vesting conditions will be subject to the same </font><font style="display: inline;">vesting conditions</font><font style="display: inline;"> as the underlying units or share equivalents.</font>
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			<font style="display: inline;font-style:italic;">Other Stock-Based Awards.</font><font style="display: inline;"> &nbsp;The Compensation Committee may grant awards of common stock and other awards that are valued by reference to and/or payable in shares of our common stock under the 2016 Plan.&nbsp;&nbsp;The Compensation Committee has complete discretion to determine the terms and conditions of such awards.</font>
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			<font style="display: inline;font-style:italic;">Minimum Vesting Periods</font><font style="display: inline;">.&nbsp;&nbsp;Awards that vest based solely on the satisfaction of service-based vesting conditions are subject to a minimum vesting period of one year from the date of grant, and awards whose grant or vesting is subject to performance-based vesting conditions must be subject to a performance period of at least one year.&nbsp;&nbsp;These required vesting and performance periods will not apply: (i) to awards granted in payment of other compensation that is already earned and payable, (ii) upon a change in control, (iii) upon termination of service due to death or disability, (iv) to a substitute award that does not reduce the vesting period of the award being replaced, or (v) to awards involving an aggregate number of shares not in excess of 5% of the 2016 Plan&#x2019;s share reserve.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Transferability of Awards.</font><font style="display: inline;"> &nbsp;In general, no right or interest in any award under the 2016 Plan may be assigned or transferred by a participant, except by will or the laws of descent and distribution.&nbsp;&nbsp;However, the Compensation Committee may provide that an award (other than an incentive stock option) may be transferable by gift to a participant&#x2019;s family member</font><font style="display: inline;"> (as defined in General Instruction A.1(a)(5) to Form S-8 under the Securities Act, including the entities described therein)</font><font style="display: inline;"> or pursuant to a domestic relations order.&nbsp;&nbsp;Any permitted transferee of an award will remain subject to all the terms and conditions of the award applicable to the participant.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Effect of Termination of Service.</font><font style="display: inline;"> &nbsp;If a participant&#x2019;s employment or other service relationship with us and our subsidiaries is terminated, the 2016 Plan provides that unvested portions of his or her outstanding awards will be forfeited and vested portions of outstanding option and SAR awards will continue to be exercisable for a period of either </font><font style="display: inline;">three</font><font style="display: inline;"> months or one year after termination, depending on the reason for the termination, unless the termination is for cause.&nbsp;&nbsp;In that case, the vested but unexercised portions of option and SAR awards will also be terminated.</font><font style="display: inline;"> The Compensation Committee may provide for different termination consequences in an individual award agreement.</font>
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			<font style="display: inline;">Unless defined differently in an agreement between a participant and us, &#x201C;cause&#x201D; for termination is generally defined in the 2016 Plan to involve (i) conviction&nbsp;&nbsp;for committing a felony under federal law or the law of the state in which such action occurred, (ii) fraud or dishonesty against the Company or an affiliate or in the course of fulfilling the participant&#x2019;s duties, (iii) willful and deliberate failure to perform his or her duties in any material respect, (iv) illegal drug use or alcohol abuse on Company or affiliate premises or at a Company or affiliate sponsored event, (v) conduct which in the good faith and reasonable determination of the Compensation Committee demonstrates gross unfitness to </font><font style="display: inline;">provide services to the Company or an affiliate</font><font style="display: inline;">, (vi) </font><font style="display: inline;">an </font><font style="display: inline;">intentional, material violation of any contract between the participant and the Company or an affiliate or of any statutory duty of the participant to the Company or an affiliate</font><font style="display: inline;">, or (vii) prior to a change in control, such other events as shall be determined by the </font><font style="display: inline;">Compensation Committee.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Performance-Based Compensation Under Section 162(m).</font><font style="display: inline;"> &nbsp;The Compensation Committee may grant full value awards under the 2016 Plan to employees who are or may be &#x201C;covered employees,&#x201D; as defined in Code Section 162(m), that are intended to be &#x201C;performance-based compensation&#x201D; within the meaning of Section 162(m) in order to preserve the deductibility of those awards for federal income tax purposes.&nbsp;&nbsp;Under current Internal Revenue Service interpretations, </font><font style="display: inline;">the </font><font style="display: inline;">&#x201C;covered employees&#x201D; of a company for any year are its chief executive officer and any other executive officer (other than the chief financial officer) who is among the three other most highly compensated executive officers employed by the company at the end of that year.&nbsp;&nbsp;Participants are entitled to receive payment for a Section 162(m) performance-based award for any given performance period only to the extent that pre-established performance goals set by the Compensation Committee for the performance period are satisfied.&nbsp;&nbsp;Option and SAR awards granted under the 2016 Plan need not be conditioned upon the achievement of performance goals in order to constitute performance-based compensation for Section 162(m) purposes.</font>
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			<font style="display: inline;">The maximum number of our shares that may be the subject of full value awards that are intended to qualify as performance-based compensation for purposes of Section 162(m), that are denominated in shares or share equivalents and that are granted to any participant during any calendar year may not </font><font style="display: inline;">exceed 1,000,000</font><font style="display: inline;"> shares.&nbsp;&nbsp;The maximum amount payable with respect to any full value awards that are intended to qualify as performance-based compensation for purposes of Section 162(m), that are denominated other than in shares or share equivalents and that are granted to any participant during any calendar year shall not </font><font style="display: inline;">exceed </font><font style="display: inline;">$</font><font style="display: inline;">5,000,000.</font>
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			<font style="display: inline;">The pre-established performance goals set by the Compensation Committee must be based on one or more of the following performance measures specified in the 2016 Plan: </font><font style="display: inline;">(i) net earnings or net income; (ii) earnings before one or more of interest, taxes, depreciation, amortization and share-based compensation expense; (iii) earnings per share (basic or diluted); (iv) revenue; (v) gross profit; (vi) operating income; (vii) profitability as measured by return ratios (including, but not limited to, return on </font><font style="display: inline;">operating assets, return on </font><font style="display: inline;">assets, return on equity, return on invested capital and return on revenue) or by the degree to which any of the foregoing earnings measures exceed a percentage of revenue or gross profit; (viii) cash flow (including, but not limited to, operating cash flow, free cash flow and cash flow return on capital); (ix) market share; (x) margins (including, but not limited to, one or more of gross, operating and net earnings margins); (xi) stock price; (xii) total stockholder return; (xiii) asset quality; (xiv) non-performing assets; (xv) operating assets; (xvi) balance of cash, cash equivalents and marketable securities; (xvii) cost and expense management; (xviii) economic value added or similar value added measurements; (xix) improvement in or attainment of working capital levels; (xx) productivity ratios; (xxi) employee retention or satisfaction measures; (xxii) safety record; (xxiii) customer satisfaction; (xxiv) debt, credit or other leverage measures or ratios; (xxv) implementation or completion of critical projects</font><font style="display: inline;">; (xxvi) marketing-spending efficiency; and (xxvii) core non-interest income.</font><font style="display: inline;"> &nbsp; &nbsp;</font>
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			<font style="display: inline;">The Compensation Committee may select one measure or multiple measures for assessing performance, and the measurement may be based upon Company-wide, subsidiary, business unit or individual performance, and may be expressed in absolute amounts, on a per share basis, as a growth rate or change from preceding periods, or by relative comparison to the performance of other companies, indices or other external measures.&nbsp;&nbsp;The Compensation Committee will define in an objective fashion the manner of calculating the performance goals based on the performance measures it elects to use in any performance period, and will establish such performance goals within the time period prescribed by, and will otherwise comply with the requirements of, Section 162(m).&nbsp;&nbsp;In determining the actual amount to be paid with respect to an individual performance-based award for a performance period, the Compensation Committee may reduce (but not increase) the amount that would otherwise be payable as a result of satisfying the applicable performance goals.</font>
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			<font style="display: inline;">Approval of the 2016 Plan at the 2016 Annual Meeting will be deemed to include approval of the material terms of awards intended to qualify as performance-based compensation under Section 162(m), including the employees eligible to receive such awards, the business criteria on which performance goals are based and the maximum awards that may be made to any individual.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Change in Control.</font><font style="display: inline;"> If a change in control of our Company that involves a corporate transaction occurs, then the consequences will be as described in this paragraph unless the Compensation Committee provides otherwise in an applicable award agreement. If an outstanding award is continued, assumed or replaced by the surviving or successor entity in connection with a corpor</font><font style="display: inline;">ate transaction, and if within </font><font style="display: inline;">one year after the change in control a participant&#x2019;s employment or other service is involuntarily terminated without cause, (i)&nbsp;each of the participant&#x2019;s outstanding options and SARs will become exercisable in full and remain exercisable for one year, and (ii)&nbsp;each of the participant&#x2019;s unvested full value awards will fully vest. </font><font style="display: inline;">For these purposes, a performance-based full value award will be considered fully vested if the performance goals are deemed to have been satisfied at the target level of performance and the vested portion of the award at that level of performance is proportionate to the portion of the performance period elapsed prior to the participant&#x2019;s termination of employment or other service.</font>
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			<font style="display: inline;">If any outstanding award is not continued, assumed or replaced in connection with a change in control involving a corporate transaction, then (i)&nbsp;all outstanding options and SARs will become fully exercisable for a period of time prior to the effective time of the corporate transaction and will then terminate at the effective time of the corporate transaction, and (ii)&nbsp;all full value awards will fully vest immediately prior to the effective time of the corporate transaction. </font><font style="display: inline;">In this scenario, performance-based f</font><font style="display: inline;">u</font><font style="display: inline;">ll value awards will be considered fully vested in the same manner as described above, except that the proportionate vesting amount will be determined with respect to the portion of the performance period that elapsed prior to the change in control. </font><font style="display: inline;">Alternatively, </font><font style="display: inline;">if outstanding awards are not continued, assumed o</font><font style="display: inline;">r</font><font style="display: inline;"> replaced, </font><font style="display: inline;">the Compensation Committee may elect to terminate </font><font style="display: inline;">such </font><font style="display: inline;">awards in exchange for a payment with respect to each award in an amount equal to the excess, if any, between the fair market value of the shares subject to the award immediately prior to the effective date of such corporate transaction (which may be the fair market value of the consideration to be received in the corporate transaction for the same number of shares) over the aggregate exercise price (if any) for the shares subject to such award (or, if there is no excess, such award may be terminated without payment).</font>
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			<font style="display: inline;">If a change in control of our Company that does not involve a corporate transaction occurs, the Compensation Committee may, in its discretion, take such action as it deems appropriate with respect to outstanding awards, which may include (i) providing that outstanding awards will vest and become exercisable or payable, in whole or in part, prior to or upon consummation of such change in control, or upon termination of a participant&#x2019;s employment or other service under specified conditions after the change in control, or (ii)&nbsp;providing for the cancellation of any outstanding award in exchange for a payment equal to the intrinsic value of the award at the time of the change in control.</font>
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			<font style="display: inline;">For purposes of the 2016 Plan, the following terms have the meanings indicated:</font>
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		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
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			<font style="display: inline;color:#000000;">A &#x201C;change in control&#x201D; generally refers to a corporate transaction as defined below, the acquisition by a person or group of more </font><font style="display: inline;color:#000000;">than one-third of</font><font style="display: inline;color:#000000;"> the voting power of our stock, or certain changes in the composition of our Board.&nbsp; </font></p></td></tr></table></div>
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			<font style="display: inline;color:#000000;">A &#x201C;corporate transaction&#x201D; generally means (i)&nbsp;a sale or other disposition of all or substantially all of the assets of the Company, or (ii) a merger, consolidation, share exchange or similar transaction involving the Company, regardless of whether the Company is the surviving corporation.</font></p></td></tr></table></div>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Share Adjustment Provisions.</font><font style="display: inline;color:#000000;"> &nbsp;If certain transactions with our stockholders occur that cause the per share value of our common stock to change, such as stock splits, spin-offs, stock dividends or certain recapitalizations (referred to as &#x201C;equity restructurings&#x201D;), the Compensation Committee will equitably adjust (i) the class of shares issuable and the maximum number and kind of shares subject to the 2016 Plan, (ii) outstanding awards as to the class, number of shares and exercise price per share, and (iii) award limitations prescribed by the 2016 Plan.&nbsp;&nbsp;In connection with other types of transactions that may also affect our common stock, such as reorganizations, mergers or consolidations, the Compensation Committee may make similar equitable adjustments in its discretion.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Deferral of Payouts.</font><font style="display: inline;color:#000000;"> &nbsp;The Compensation Committee may permit or require the deferral by a participant of the receipt of shares or cash in settlement of any full value award or cash incentive award under the 2016 Plan, and will prescribe the terms, conditions and procedures for such deferrals.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Effective Date and Term of the 2016 Plan.</font><font style="display: inline;color:#000000;"> &nbsp;The 2016 Plan will become effective on the date it is approved by our stockholders.&nbsp;&nbsp;No awards may be made under the 2016 prior to its effective date.&nbsp;&nbsp;If the 2016 Plan is not approved by our stockholders by June 30, 2016, the 2016 Plan will be of no further force or effect.&nbsp;&nbsp;Unless terminated earlier by the Board, the 2016 Plan will terminate on the tenth anniversary of its effective date.&nbsp;&nbsp;Awards outstanding under the 2016 Plan at the time it terminates will continue in accordance with their terms.&nbsp;&nbsp;The Board may suspend or terminate the 2016 Plan at any time.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Amendment of the Plan.</font><font style="display: inline;color:#000000;"> Our Board may amend the 2016 Plan at any time, but no amendments will be effective without stockholder approval if such approval is required under applicable laws or regulations or under the rules of the NASDAQ Stock Market.&nbsp;&nbsp;No amendment of the 2016 Plan may materially impair the rights of a participant under any outstanding award without the consent of the affected participant, except for amendments necessary to comply with applicable laws or stock exchange rules.</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">U.S. Federal Income Tax Consequences</font>
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			<font style="display: inline;color:#000000;">The following is a summary of the principal United States federal income tax consequences to the Company and to participants subject to U.S.&nbsp;taxation with respect to awards granted under the 2016 Plan, based on current statutes, regulations and interpretations.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Nonqualified Stock Options.</font><font style="display: inline;color:#000000;"> &nbsp;If a participant is granted a nonqualified stock option under the 2016 Plan, the participant will not recognize taxable income upon the grant of the option.&nbsp;&nbsp;Generally, the participant will recognize ordinary income at the time of exercise in an amount equal to the difference between the fair market value of the shares acquired at the time of exercise and the exercise price paid.&nbsp;&nbsp;The participant&#x2019;s basis in the common stock for purposes of determining gain or loss on a subsequent sale or disposition of such shares generally will be the fair market value of our common stock on the date the option was exercised.&nbsp;&nbsp;Any subsequent gain or loss will be taxable as a capital gain or loss.&nbsp;&nbsp;The Company will generally be entitled to a federal income tax deduction at the time and for the same amount as the participant recognizes as ordinary income, subject to Code Section 162(m) with respect to covered employees.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;color:#000000;">Incentive Stock Options.</font><font style="display: inline;color:#000000;"> &nbsp;If a participant is granted an incentive stock option under the 2016 Plan, the participant will not recognize taxable income upon grant of the option.&nbsp;&nbsp;Additionally, if applicable holding period requirements (a minimum of two years from the date of grant and one year from the date of exercise) are met, the participant will not recognize taxable income at the time of exercise.&nbsp;&nbsp;However, the excess of the fair market value of the shares acquired at the time of exercise over the aggregate exercise price is an item of tax preference income potentially subject to the alternative minimum tax.&nbsp;&nbsp;If shares acquired upon exercise of an incentive stock option are held for the holding period described above, the gain or loss (in an amount equal to the difference between the fair market value on the date of sale and the exercise price) upon disposition of the shares will be treated as a long-term capital gain or loss, and the Company will not be entitled to any deduction.&nbsp;&nbsp;Except in the event of death, if the holding period requirements are not met, the incentive stock option will be treated as one that does not meet the requirements of the Code for incentive stock options and the tax consequences described for nonqualified stock options will generally apply.</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">43</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Other Awards.</font><font style="display: inline;"> &nbsp;The current federal income tax consequences of other awards authorized under the 2016 Plan generally follow certain basic patterns.&nbsp;&nbsp;SAR awards are taxed and deductible in substantially the same manner as nonqualified stock options.&nbsp;&nbsp;An award of restricted stock results in income recognition by a participant in an amount equal to the fair market value of the shares received at the time the restrictions lapse and the shares vest, unless the participant elects under Code Section 83(b) to accelerate income recognition and the taxability of the award to the date of grant.&nbsp;&nbsp;Stock unit awards generally result in income recognition by a participant at the time payment of such an award is made in an amount equal to the amount paid in cash or the then-current fair market value of the shares received, as applicable.&nbsp;&nbsp;In each of the foregoing cases, the Company will generally have a corresponding deduction at the time the participant recognizes ordinary income, subject to Code Section 162(m) with respect to covered employees.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Section 162(m) of the Code.</font><font style="display: inline;"> &nbsp;Code Section 162(m) denies a deduction to any publicly held corporation for compensation paid to certain &#x201C;covered employees&#x201D; in a taxable year to the extent that compensation to the covered employee exceeds $1,000,000, unless, among other exceptions, the compensation qualifies as &#x201C;performance-based compensation.&#x201D;&nbsp;&nbsp;The 2016 Plan is intended to meet the requirements of Section 162(m), but full value awards granted under the 2016 Plan will only be treated as qualified performance-based compensation under Section 162(m) if the awards and the procedures associated with them comply with all other requirements of Section 162(m), including that the maximum amount of compensation a covered employee may receive is based on the satisfaction of pre-established objective performance goals.</font>
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			<font style="display: inline;font-weight:bold;font-style:italic;">Section 409A of the Code.</font><font style="display: inline;"> &nbsp;The foregoing discussion of tax consequences of awards under the 2016 Plan assumes that the award discussed is either not considered a &#x201C;deferred compensation arrangement&#x201D; subject to Section 409A of the Code, or has been structured to comply with its requirements.&nbsp;&nbsp;If an award is considered a deferred compensation arrangement subject to Section 409A but fails to comply, in operation or form, with the requirements of Section 409A, the affected participant would generally be required to include in income when the award vests the amount deemed &#x201C;deferred,&#x201D; would be required to pay an additional 20 percent income tax on such amount, and would be required to pay interest on the tax that would have been paid but for the deferral.</font>
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			<font style="display: inline;font-weight:bold;">Awards Under the 2016 Plan</font>
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			<font style="display: inline;">Because the 2016 Plan will not become effective until it is approved by our stockholders, the Compensation Committee has not yet approved any awards under, or subject to, the 2016 Plan.&nbsp;&nbsp;In addition, because all awards under the 2016 Plan are discretionary with the Compensation Committee, neither the number nor types of future 2016 Plan awards to be received by or allocated to particular participants or groups of participants is presently determinable.&nbsp; </font>
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			<font style="display: inline;font-weight:bold;">Vote Required</font>
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			<font style="display: inline;">The affirmative vote of a majority of our common stock present, either in person or by proxy, and entitled to vote is required to approve this Proposal No. 4. Abstentions effectively count as a vote &#x201C;against&#x201D; the proposal. Broker non-votes will have no effect on the outcome of the proposal.</font>
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			<font style="display: inline;font-weight:bold;">THE BOARD RECOMMENDS A VOTE FOR THE PROPOSAL TO APPROVE THE CENTURY CASINOS, INC. 2016 EQUITY INCENTIVE PLAN.</font>
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			<font style="display: inline;font-weight:bold;">SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Section 16(a) of the Exchange Act requires our directors and executive officers, and persons who beneficially own more than 10% of our outstanding common stock, to file with the SEC initial reports of ownership and reports of changes in ownership of common stock and our other equity securities. SEC rules also require our directors, officers and greater than 10% stockholders to furnish us with copies of all Section 16(a) reports they file.</font>
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			<font style="display: inline;">To our knowledge, based solely upon review of the reports furnished to us and written representations from our directors and officers, all directors, officers and greater than 10% stockholders timely filed all reports regarding transactions in our securities required to be filed during 201</font><font style="display: inline;">5</font><font style="display: inline;"> under Sec</font><font style="display: inline;">tion 16(a) of the Exchange Act.</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;color:#000000;">CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS </font>
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			<font style="display: inline;font-family:Times New Roman;color:#000000;">Dr. Haitzmann, our Chairman and Co Chief Executive Officer, and Mr. Hoetzinger, our Vice Chairman, Co Chief Executive Officer and President, are Austrian citizens and have established </font><font style="display: inline;font-family:Times New Roman;color:#000000;">wholly-owned companies or family trusts</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> to hold a certain portion of their respective interests in us.&nbsp;&nbsp;See &#x201C;Security Ownership of Certain Beneficial Owners and Management.&#x201D;</font>
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			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Our Audit Committee Charter provides that the Audit Committee must approve transactions between us and related parties for actual or apparent conflicts of interest. The Audit Committee defines a related party transaction as one between our directors and executive officers, their immediate family members and entities in which they hold a 5% or greater beneficial ownership interest, where the aggregate amount is expected to exceed $120,000 in any calendar year. </font>
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			<font style="display: inline;font-family:Times New Roman;">The Audit Committee approved the management agreements between us and entities </font><font style="display: inline;font-family:Times New Roman;">indirectly </font><font style="display: inline;font-family:Times New Roman;">owned by our Co Chief Executive Officers, as described above under &#x201C;Executive Agreements.&#x201D; </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">HOUSEHOLDING</font>
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			<font style="display: inline;font-weight:bold;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;color:#000000;">To reduce the expense of delivering duplicate proxy solicitation materials, we and some brokers may take advantage of the SEC's "householding" rules. These householding rules permit the delivery of only one set of proxy solicitation materials to </font><font style="display: inline;font-family:Times New Roman;color:#000000;">s</font><font style="display: inline;font-family:Times New Roman;color:#000000;">tockholder</font><font style="display: inline;font-family:Times New Roman;color:#000000;">s who share the same address, unless otherwise requested. Any </font><font style="display: inline;font-family:Times New Roman;color:#000000;">s</font><font style="display: inline;font-family:Times New Roman;color:#000000;">tockholder</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> of record who shares an address with another </font><font style="display: inline;font-family:Times New Roman;color:#000000;">s</font><font style="display: inline;font-family:Times New Roman;color:#000000;">tockholder</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> of record and who has received only one set of proxy solicitation materials may receive a separate copy of those materials, without charge, or request future delivery of separate materials upon writing our Corporate Secretary at 455 E. Pikes Peak Ave., Suite 210, Colorado Springs, Colorado 80903 or calling (719) 527-8300. Likewise, any </font><font style="display: inline;font-family:Times New Roman;color:#000000;">s</font><font style="display: inline;font-family:Times New Roman;color:#000000;">tockholder</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> of record who shares an address with another </font><font style="display: inline;font-family:Times New Roman;color:#000000;">s</font><font style="display: inline;font-family:Times New Roman;color:#000000;">tockholder</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> of record and who has received multiple sets of proxy solicitation materials may request future delivery of a single copy of those materials upon writing our Corporate Secretary at 455 E. Pikes Peak Ave., Suite 210, Colorado Springs, Colorado 80903 or calling (719) 527-8300. </font>
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		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;color:#000000;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Times New Roman;color:#000000;">If you consent to householding, your election will remain in effect until you revoke it. Should you later revoke your consent, you will be sent separate copies of those documents that are mailed at least thirty days or more after receipt of your revocation.</font>
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			<font style="display: inline;">Page </font><font style="display: inline;"></font><font style="display: inline;">45</font><font style="display: inline;"></font><font style="display: inline;"> of </font><font style="display: inline;">4</font><font style="display: inline;">5</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:right;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;">Appendix A</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">CENTURY CASINOS, INC.</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">2016 EQUITY INCENTIVE PLAN</font>
		</p>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">1.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Purpose</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;"> &nbsp;The purpose of the Century Casinos, Inc. 2016 Equity Incentive Plan (the &#x201C;Plan&#x201D;) is to attract and retain the best available personnel for positions of responsibility with the Company, to provide additional incentives to them and align their interests with those of the Company&#x2019;s stockholders, and to thereby promote the Company&#x2019;s long-term business success.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">2.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Definitions</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;"> &nbsp;In this Plan, the following definitions will apply.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Affiliate&#x201D; means any entity that is a Subsidiary or Parent of the Company.</font></font>
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		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Agreement&#x201D; means the written or electronic agreement, notice or other document containing the terms and conditions applicable to each Award granted under the Plan.&nbsp;&nbsp;An Agreement is subject to the terms and conditions of the Plan.</font></font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Award&#x201D; means a grant made under the Plan in the form of Options, Stock Appreciation Rights, Restricted Stock, Stock Units, or an Other Stock-Based Award.&nbsp; </font></font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Board&#x201D; means the Board of Directors of the Company.</font></font>
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		<p style="margin:0pt 2.85pt 12pt 6pt;text-indent:30pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;"><font style="display: inline;">(e)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Cause&#x201D; means what the term is expressly defined to mean in a then-effective written agreement (including an Agreement) between a Participant and the Company or any Affiliate, or in the absence of any such then-effective agreement or definition means, a Participant&#x2019;s (i)&nbsp;conviction &nbsp;for committing a felony under federal law or the law of the state in which such action occurred, (ii) fraud or dishonesty against the Company or an Affiliate or in the course of fulfilling the Participant&#x2019;s Service Provider duties, (iii) willful and deliberate failure to perform his or her Service Provider duties in any material respect, (iv) illegal drug use or alcohol abuse on Company or Affiliate premises or at a Company or Affiliate sponsored event, (v) conduct which in the good faith and reasonable determination of the Committee demonstrates gross unfitness to serve in a Service Provider capacity, (vi) intentional, material violation of any contract between the Participant and the Company or an Affiliate or of any statutory duty of the Participant to the Company or an Affiliate, or (vii) prior to a Change in Control, such other events as shall be determined by the Committee.&nbsp;&nbsp;The Committee shall, unless otherwise provided in a then-effective agreement with the Participant, have the sole discretion to determine whether &#x201C;Cause&#x201D; exists, and its determination shall be final.&nbsp; </font></font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:11pt;"><font style="display: inline;">(f)&nbsp; </font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">&#x201C;Change in Control&#x201D; means</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">one of the following: </font></font>
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		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">An Exchange Act Person becomes the beneficial owner (within the meaning of Rule 13d-3 under the Exchange Act) of securities of the Company representing one-third or more of the combined voting power of the Company&#x2019;s then outstanding Voting Securities, except that the following will not constitute a Change in Control:</font></font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:90pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(A)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">any acquisition of securities of the Company by an Exchange Act Person from the Company for the purpose of providing financing to the Company;</font></font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:90pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(B)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">any formation of a Group consisting solely of beneficial owners of the Company's Voting Securities as of the effective date of this Plan; </font></font>
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		<p style="margin:0pt;text-indent:90pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(C)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">any repurchase or other acquisition by the Company of its Voting Securities that causes any Exchange Act Person to become the beneficial owner of more than 50% of the Company&#x2019;s Voting Securities; or</font></font>
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		<p style="margin:0pt;text-indent:90pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:90pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(D)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">with respect to any particular Participant, any acquisition of securities of the Company by the Participant, any Group including the Participant, or any entity controlled by the Participant or a Group including the Participant.</font></font>
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			<font style="display: inline;">If, however, an Exchange Act Person or Group referenced in clause (A), (B) or (C) above acquires beneficial ownership of additional Company Voting Securities after initially becoming the beneficial owner of one-third or more of the combined voting power of the Company&#x2019;s Voting Securities by one of the means described in those clauses, then a Change in Control will be deemed to have occurred.&nbsp;&nbsp;Furthermore, a Change in Control will occur if a Person becomes the beneficial owner of one-third or more of the Company&#x2019;s Voting Securities as the result of a Corporate Transaction only if the Corporate Transaction is itself a </font>
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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">1</font><font style="display: inline;"></font>

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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">Change in Control pursuant to subsection 2(f)(3).</font>
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		<p style="margin:0pt;text-indent:106.7pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Individuals who are Continuing Directors cease for any reason to constitute a majority of the members of the Board. </font></font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">A Corporate Transaction is consummated, unless, immediately following such Corporate Transaction, (i) all or substantially all of the individuals and entities who were the beneficial owners of the Company's Voting Securities immediately prior to such Corporate Transaction beneficially own, directly or indirectly, more than 50% of the combined voting power of the then outstanding Voting Securities of the surviving or acquiring entity resulting from such Corporate Transaction (including beneficial ownership through any Parent of such entity) in substantially the same proportions as their ownership, immediately prior to such Corporate Transaction, of the Company's Voting Securities; (ii) no Exchange Act Person beneficially owns one-third or more of the combined voting power of the then outstanding Voting Securities of the surviving or acquiring entity resulting from such Corporate Transaction (provided that no Exchange Act Person shall be deemed to beneficially own one-third or more of the combined voting power of the surviving or acquiring entity solely as a result of holding Voting Securities of the Company prior to the Corporate Transaction); and (iii) at least </font><font style="display: inline;font-family:TimesNewRomanPSMT;">a majority of the members of the board</font><font style="display: inline;"> of directors of the surviving or acquiring entity resulting from such Corporate Transaction were Continuing Directors immediately prior to the Corporate Transaction.</font></font>
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			<font style="display: inline;">Notwithstanding the foregoing, to the extent that any Award constitutes a deferral of compensation subject to Code Section 409A, and if that Award provides for a change in the time or form of payment upon a Change in Control, then no Change in Control shall be deemed to have occurred upon an event described in this Section 2(g) unless the event would also constitute a change in ownership or effective control of, or a change in the ownership of a substantial portion of the assets of, the Company under Code Section 409A.&nbsp; </font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(g)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Code&#x201D; means the Internal Revenue Code of 1986, as amended and in effect from time to time.&nbsp;&nbsp;For purposes of the Plan, references to sections of the Code shall be deemed to include any applicable regulations thereunder and any successor or similar statutory provisions. </font></font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(h)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Committee&#x201D; means two or more Non-Employee Directors designated by the Board to administer the Plan under Section 3, each member of which shall be (i) an independent director within the meaning of the rules and regulations of the Nasdaq Stock Market, (ii) a non-employee director within the meaning of Exchange Act Rule 16b-3, and (iii) an outside director for purposes of Code Section 162(m).&nbsp;&nbsp;Notwithstanding the foregoing, if the Board has not designated a Committee as contemplated by the foregoing sentence or has reserved to itself the authority to administer the Plan with respect to certain categories of Participants, the Board shall perform the duties and have the responsibilities of the Committee generally or with respect to the specified categories of Participants, as the case may be.</font></font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:17pt;"><font style="display: inline;">(i)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Company&#x201D; means Century Casinos, Inc., a Delaware corporation, or any successor thereto.</font></font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:17pt;"><font style="display: inline;">(j)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Continuing Director&#x201D; means an individual (i) who is, as of the effective date of the Plan, a director of the Company, or (ii) who becomes a director of the Company after the effective date of the Plan and whose initial election, or nomination for election by the Company&#x2019;s stockholders, was approved by at least a majority of the then Continuing Directors, but excluding, for purposes of this clause (ii) an individual whose initial assumption of office occurs as a result of an actual or threatened proxy contest relating to the election of directors.</font></font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(k)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Corporate Transaction&#x201D; means (i) a sale or other disposition of all or substantially all of the assets of the Company, or (ii) a merger, consolidation, share exchange or similar transaction involving the Company, regardless of whether the Company is the surviving corporation.&nbsp; </font></font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:17pt;"><font style="display: inline;">(l)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Disability&#x201D; means (A) any permanent and total disability under any long-term disability plan or policy of the Company or its Affiliates that covers the Participant, or (B) if there is no such long-term disability plan or policy, &#x201C;total and permanent disability&#x201D; within the meaning of Code Section 22(e)(3).</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:13pt;"><font style="display: inline;">(m)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Employee&#x201D; means an employee of the Company or an Affiliate.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(n)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Exchange Act&#x201D; means the Securities Exchange Act of 1934, as amended and in effect from time to time.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">

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

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

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

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(o)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Exchange Act Person&#x201D; means any natural person, entity or Group other than (i) the Company or any Affiliate; (ii) any employee benefit plan (or related trust) sponsored or maintained by the Company or any Affiliate; (iii) an underwriter temporarily holding securities in connection with a registered public offering of such securities; or (iv) an entity whose Voting Securities are beneficially owned by the beneficial owners of the Company&#x2019;s Voting Securities in substantially the same proportions as their beneficial ownership of the Company&#x2019;s Voting Securities.&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(p)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Fair Market Value&#x201D; means the fair market value of a Share determined as follows:</font></font>
		</p>
		<p style="margin:0pt;text-indent:33.85pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">If the Shares are readily tradable on an established securities market (as determined under Code Section 409A), then Fair Market Value will be the closing sales price for a Share on the principal securities market on which it trades on the date for which it is being determined, or if no sale of Shares occurred on that date, on the next preceding date on which a sale of Shares occurred, as reported in</font><font style="display: inline;font-style:italic;"> The Wall Street Journal </font><font style="display: inline;">or such other source as the Committee deems reliable; or</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 108.3pt;text-indent:63pt;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">If the Shares are not then readily tradable on an established securities market (as determined under Code Section 409A), then Fair Market Value will be determined by the Committee as the result of a reasonable application of a reasonable valuation method that satisfies the requirements of Code Section 409A.</font></font>
		</p>
		<p style="margin:0pt;text-indent:33.85pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(q)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Full Value Award&#x201D; means an Award other than an Option Award or Stock Appreciation Right Award.</font></font>
		</p>
		<p style="margin:0pt;text-indent:33.95pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(r)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Grant Date&#x201D; means the date </font><font style="display: inline;color:#000000;">on which the Committee approves the grant of an Award under the Plan, or such later date as may be specified by the Committee on the date the Committee approves the Award.</font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(s)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Group&#x201D; means two or more persons who act, or agree to act together, as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding, voting or disposing of securities of the Company.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:17pt;"><font style="display: inline;">(t)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Non-Employee Director&#x201D; means a member of the Board who is not an Employee.&nbsp;&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(u)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Option&#x201D; means a right granted under the Plan to purchase a specified number of Shares at a specified price.&nbsp;&nbsp;An &#x201C;Incentive Stock Option&#x201D; or &#x201C;ISO&#x201D; means any Option designated as such and granted in accordance with the requirements of Code Section 422.&nbsp;&nbsp;A &#x201C;Non-Qualified Stock Option&#x201D; or &#x201C;NQSO&#x201D; means an Option other than an Incentive Stock Option.</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(v)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Other Stock-Based Award&#x201D; means an Award described in Section 11 of this Plan.</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:13pt;"><font style="display: inline;">(w)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Parent&#x201D; means a &#x201C;parent corporation,&#x201D; as defined in Code Section 424(e).</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(x)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Participant&#x201D; means a person to whom a then-outstanding Award has been granted under the Plan.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(y)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Performance-Based Compensation&#x201D; means an Award to a person who is, or is determined by the Committee to likely become, a &#x201C;covered employee&#x201D; (as defined in Section 162(m)(3) of the Code) and that is intended to constitute &#x201C;performance-based compensation&#x201D; within the meaning of Section 162(m)(4)(C) of the Code.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(z)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Plan&#x201D; means this Century Casinos, Inc. 2016 Equity Incentive Plan, as amended and in effect from time to time.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:12pt;"><font style="display: inline;">(aa)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Restricted Stock&#x201D; means Shares issued to a Participant that are subject to such restrictions on transfer, vesting conditions and other restrictions or limitations as may be set forth in this Plan and the applicable Agreement.&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:11pt;"><font style="display: inline;">(bb)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Retirement&#x201D; means any termination of a Participant&#x2019;s Service, other than for Cause, occurring at or after age 65.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:22pt;"><font style="display: inline;">&nbsp;</font><font style="display: inline;">(cc)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Service&#x201D; means the provision of services by a Participant to the Company or any Affiliate in any Service Provider capacity.&nbsp;&nbsp;A Service Provider&#x2019;s Service shall be deemed to have terminated either upon an actual cessation of providing services to the Company or any Affiliate or upon the entity to which the Service Provider provides services ceasing to be an Affiliate.&nbsp;&nbsp;Except as otherwise provided in this Plan or any Agreement, Service shall not be deemed terminated in the case of (i) any approved leave of absence; (ii) transfers among the Company and any Affiliates in any Service Provider capacity; or (iii) any change in status so long as the individual remains in the service of the Company or any Affiliate in any Service Provider capacity.&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:11pt;"><font style="display: inline;">(dd)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Service Provider&#x201D; means an Employee, a Non-Employee Director, or any natural person who is a consultant or advisor, or is employed by a consultant or advisor retained by the Company or any Affiliate, and who provides services (other than in </font>
		</font></p>
		<p><font size="1"> </font></p><div style="width:100%">

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

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

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"><font style="display: inline;">connection with (i) a capital-raising transaction or (ii) promoting or maintaining a market in Company securities) to the Company or any Affiliate.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:12pt;"><font style="display: inline;">(ee)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Share&#x201D; means a share of Stock.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:13pt;"><font style="display: inline;">(ff)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Stock&#x201D; means the common stock, $0.01 par value per Share, of the Company.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:11pt;"><font style="display: inline;">(gg)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Stock Appreciation Right&#x201D; or &#x201C;SAR&#x201D; means the right to receive, in cash and/or Shares as determined by the Committee, an amount equal to the appreciation in value of a specified number of Shares between the Grant Date of the SAR and its exercise date.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:11pt;"><font style="display: inline;">(hh)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Stock Unit&#x201D; means a right to receive, in cash and/or Shares as determined by the Committee, the Fair Market Value of a Share, subject to such restrictions on transfer, vesting conditions and other restrictions or limitations as may be set forth in this Plan and the applicable Agreement.</font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(ii)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Subsidiary&#x201D; means a &#x201C;subsidiary corporation,&#x201D; as defined in Code Section 424(f), of the Company.</font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(jj)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Substitute Award&#x201D; means an Award granted upon the assumption of, or in substitution or exchange for, outstanding awards granted by a company or other entity acquired by the Company or any Affiliate or with which the Company or any Affiliate combines.&nbsp;&nbsp;The terms and conditions of a Substitute Award may vary from the terms and conditions set forth in the Plan to the extent that the Committee at the time of the grant may deem appropriate to conform, in whole or in part, to the provisions of the award in substitution for which it has been granted.</font></font>
		</p>
		<p style="margin:0pt;text-indent:33.95pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:11pt;"><font style="display: inline;">(kk)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">&#x201C;Voting Securities&#x201D; </font><font style="display: inline;">of an entity means the outstanding equity securities (or comparable equity interests) entitled to vote generally in the election of directors of such entity.</font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">3.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Administration of the Plan</font><font style="display: inline;font-weight:bold;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Administration</font><font style="display: inline;">.&nbsp;&nbsp;The authority to control and manage the operations and administration of the Plan shall be vested in the Committee in accordance with this Section 3.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Scope of Authority</font><font style="display: inline;">.&nbsp;&nbsp;Subject to the terms of the Plan, the Committee shall have the authority, in its discretion, to take such actions as it deems necessary or advisable to administer the Plan, including:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 33.95pt;text-indent:38.8pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">determining the Service Providers to whom Awards will be granted, the timing of each such Award, the type of and the number of Shares covered by each Award, the terms, conditions, performance criteria, restrictions and other provisions of Awards, and the manner in which Awards are paid or settled; </font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">cancelling or suspending an Award, accelerating the vesting or extending the exercise period of an Award, or otherwise amending the terms and conditions of any outstanding Award, subject to the requirements of Sections 6(b), 15(d) and 15(e); </font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">adopting sub-plans or special provisions applicable to Awards, establishing, amending or rescinding rules to administer the Plan, interpreting the Plan and any Award or Agreement, reconciling any inconsistency, correcting any defect or supplying an omission in the Plan or any Agreement, and making all other determinations necessary or desirable for the administration of the Plan;</font></font>
		</p>
		<p style="margin:0pt;text-indent:72.75pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">granting Substitute Awards under the Plan; </font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(5)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">taking such actions as are provided in Section 3(c) with respect to Awards to foreign Service Providers; and</font></font>
		</p>
		<p style="margin:6pt 0pt 0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(6)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">requiring or permitting the deferral of the settlement of an Award, and establishing the terms and conditions of any such deferral.</font></font>
		</p>
		<p style="margin:0pt;text-indent:106.7pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Awards to Foreign Service Providers</font><font style="display: inline;">.&nbsp;&nbsp;The Committee may grant Awards to Service Providers who are foreign nationals, who are located outside of the United States or who are not compensated from a payroll maintained in the United States, or who are otherwise subject to (or could cause the Company to be subject to) legal or regulatory requirements of countries </font>
		</font></p>
		<p><font size="1"> </font></p><div style="width:100%">

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

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

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"><font style="display: inline;">outside of the United States, on such terms and conditions different from those specified in the Plan as may, in the judgment of the Committee, be necessary or desirable to comply with applicable foreign laws and regulatory requirements and to promote achievement of the purposes of the Plan.&nbsp;&nbsp;In connection therewith, the Committee may establish such subplans and modify exercise procedures and other Plan rules and procedures to the extent such actions are deemed necessary or desirable, and may take any other action that it deems advisable to obtain local regulatory approvals or to comply with any necessary local governmental regulatory exemptions.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Acts of the Committee; Delegation</font><font style="display: inline;">.&nbsp;&nbsp;A majority of the members of the Committee shall constitute a quorum for any meeting of the Committee, and any act of a majority of the members present at any meeting at which a quorum is present or any act unanimously approved in writing by all members of the Committee shall be the act of the Committee.&nbsp;&nbsp;Any such action of the Committee shall be valid and effective even if one or more members of the Committee at the time of such action are later determined not to have satisfied all of the criteria for membership in clauses (i), (ii) and (iii) of Section 2(h).&nbsp;&nbsp;To the extent not inconsistent with applicable law or stock exchange rules, the Committee may delegate all or any portion of its authority under the Plan to any one or more of its members or, as to Awards to Participants who are not subject to Section 16 of the Exchange Act, to one or more directors or executive officers of the Company or to a committee of the Board comprised of one or more directors of the Company.&nbsp;&nbsp;The Committee may also delegate non-discretionary administrative responsibilities in connection with the Plan to such other persons as it deems advisable.&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(e)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Finality of Decisions</font><font style="display: inline;">.&nbsp;&nbsp;The Committee&#x2019;s interpretation of the Plan and of any Award or Agreement made under the Plan and all related decisions or resolutions of the Board or Committee shall be final and binding on all parties with an interest therein.&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(f)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Indemnification</font><font style="display: inline;">.&nbsp;&nbsp;Each person who is or has been a member of the Committee or of the Board, and any other person to whom the Committee delegates authority under the Plan, shall be indemnified by the Company, to the maximum extent permitted by law, against liabilities and expenses imposed upon or reasonably incurred by such person in connection with or resulting from any claims against such person by reason of the performance of the individual's duties under the Plan.&nbsp;&nbsp;This right to indemnification is conditioned upon such person providing the Company an opportunity, at the Company&#x2019;s expense, to handle and defend the claims before such person undertakes to handle and defend them on such person&#x2019;s own behalf.&nbsp;&nbsp;The Company will not be required to indemnify any person for any amount paid in settlement of a claim unless the Company has first consented in writing to the settlement.&nbsp;&nbsp;The foregoing right of indemnification shall not be exclusive of any other rights of indemnification to which such person or persons may be entitled under the Company&#x2019;s Certificate of Incorporation or Bylaws, as a matter of law, or otherwise.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">4.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Shares Available Under the Plan</font><font style="display: inline;font-weight:bold;">.</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Maximum Shares Available</font><font style="display: inline;">.&nbsp;&nbsp;Subject to Section 4(b) and to adjustment as provided in Section 12(a), the number of Shares that may be the subject of Awards and issued under the Plan shall be 3,500,000.&nbsp; </font><font style="display: inline;">Shares issued under the Plan may come from authorized and unissued shares or treasury shares.&nbsp; </font><font style="display: inline;">In determining the number of Shares to be counted against this share reserve in connection with any Award, the following rules shall apply:&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Shares that are subject to Awards of Options or Stock Appreciation Rights shall be counted against the share reserve as one Share for every one Share granted.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Shares that are subject to Full Value Awards shall be counted against the share reserve as 1.75 Shares for every one Share granted.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Where the number of Shares subject to an Award is variable on the Grant Date, the number of Shares to be counted against the share reserve shall be the maximum number of Shares that could be received under that particular Award, until such time as it can be determined that only a lesser number of shares could be received.</font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Where two or more types of Awards are granted to a Participant in tandem with each other, such that the exercise of one type of Award with respect to a number of Shares cancels at least an equal number of Shares of the other, the number of Shares to be counted against the share reserve shall be the largest number of Shares that would be counted against the share reserve under either of the Awards.&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:72.75pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(5)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Shares subject to Substitute Awards shall not be counted against the share reserve, nor shall they reduce the Shares authorized for grant to a Participant in any calendar year.</font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">

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

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

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

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(6)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Awards that may be settled solely in cash shall not be counted against the share reserve, nor shall they reduce the Shares authorized for grant to a Participant in any calendar year.</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Effect of Forfeitures and Other Actions</font><font style="display: inline;">.&nbsp;&nbsp;Any Shares subject to an Award that expires, is cancelled or forfeited or is settled for cash shall, to the extent of such cancellation, forfeiture, expiration or cash settlement, again become available for Awards under this Plan, and the share reserve under Section 4(a) shall be correspondingly replenished as provided in Section 4(c) below.&nbsp;&nbsp;The following Shares shall not, however, again become available for Awards or replenish the share reserve under Section 4(a): (i) Shares tendered (either actually or by attestation) by the Participant or withheld by the Company in payment of the purchase price of an Option Award, (ii) Shares tendered (either actually or by attestation) by the Participant or withheld by the Company to satisfy any tax withholding obligation with respect to an Award, (iii) Shares repurchased by the Company with proceeds received from the exercise of Options, and (iv) Shares subject to a SAR Award that are not issued in connection with the stock settlement of that Award upon its exercise.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Counting Shares Again Available</font><font style="display: inline;">.&nbsp;&nbsp;Each Share that again becomes available for Awards as provided in Section 4(b) shall correspondingly increase the share reserve under Section 4(a), with such increase based on the same share ratio by which the applicable share reserve was decreased upon the grant of the applicable Award.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Effect of Plans Operated by Acquired Companies</font><font style="display: inline;">.&nbsp;&nbsp;If a company acquired by the Company or any Subsidiary or with which the Company or any Subsidiary combines has shares available under a pre-existing plan approved by stockholders and not adopted in contemplation of such acquisition or combination, the shares available for grant pursuant to the terms of such pre-existing plan (as adjusted, to the extent appropriate, using the exchange ratio or other adjustment or valuation ratio or formula used in such acquisition or combination to determine the consideration payable to the holders of common stock of the entities party to such acquisition or combination) may be used for Awards under the Plan and shall supplement the Share reserve under Section 4(a).&nbsp;&nbsp;Awards using such available shares shall not be made after the date awards or grants could have been made under the terms of the pre-existing plan absent the acquisition or combination, and shall only be made to individuals who were not Employees or Non-Employee Directors prior to such acquisition or combination.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(e)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">No Fractional Shares</font><font style="display: inline;">.&nbsp;&nbsp;Unless otherwise determined by the Committee, the number of Shares subject to an Award shall always be a whole number.&nbsp;&nbsp;No fractional Shares may be issued under the Plan, but the Committee may, in its discretion, adopt any rounding convention it deems suitable or pay cash in lieu of any fractional Share in settlement of an Award.</font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(f)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Individual Option and SAR Limit</font><font style="display: inline;">.&nbsp;&nbsp;The aggregate number of Shares subject to Option and/or Stock Appreciation Right Awards granted during any calendar year to any one Participant other than a Non-Employee Director shall not exceed 1,000,000 Shares (subject to adjustment as provided in Section 12(a)).&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(g)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Performance-Based Compensation Limit</font><font style="display: inline;">.&nbsp;&nbsp;With respect to Awards of Performance-Based Compensation, (i) the maximum number of Shares that may be the subject of Full Value Awards that are denominated in Shares or Share equivalents and that are granted to any Participant during any calendar year shall not exceed 1,000,000 Shares (subject to adjustment as provided in Section 12(a)); and (ii) the maximum amount payable with respect to Full Value Awards that are denominated other than in Shares or Share equivalents and that are granted to any one Participant during any calendar year shall not exceed $5,000,000.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:22pt;"><font style="display: inline;">&nbsp;</font><font style="display: inline;">(h)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Limits on Awards to Non-Employee Directors</font><font style="display: inline;">.&nbsp;&nbsp;The aggregate grant date fair value (as determined in accordance with generally accepted accounting principles applicable in the United States) of all Awards granted during any calendar year to any Non-Employee Director (excluding any Awards granted at the election of a Non-Employee Director in lieu of all or any portion of retainers or fees otherwise payable to Non-Employee Directors in cash) shall not exceed $500,000. </font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">5.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Eligibility</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;"> &nbsp;Participation in the Plan is limited to Service Providers.&nbsp;&nbsp;Incentive Stock Options may only be granted to Employees.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">6.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">General Terms of Awards</font><font style="display: inline;font-weight:bold;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Award Agreement</font><font style="display: inline;">.&nbsp;&nbsp;Except for an Award that involves only the immediate issuance of unrestricted Shares, each Award shall be evidenced by an Agreement setting forth the amount of the Award together with such other terms and conditions applicable to the Award (and not inconsistent with the Plan) as determined by the Committee.&nbsp;&nbsp;An Award to a Participant may be</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">made singly or in combination with any form of Award.&nbsp;&nbsp;Two types of Awards may be made in tandem with each other such </font>
		</font></p>
		<p><font size="1"> </font></p><div style="width:100%">

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

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

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"><font style="display: inline;">that the exercise of one type of Award with respect to a number of Shares reduces the number of Shares subject to the related Award by at least an equal amount.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Vesting and Term</font><font style="display: inline;">.&nbsp;&nbsp;Each Agreement shall set forth the period until the applicable Award is scheduled to expire (which shall not be more than ten years from the Grant Date), and, consistent with the requirements of this Section 6(b), the applicable vesting conditions and any applicable performance period.&nbsp;&nbsp;Awards that vest based solely on the satisfaction by the Participant of service-based vesting conditions shall be subject to a vesting period of not less than one year from the applicable Grant Date, and Awards whose grant or vesting is subject to the satisfaction of performance goals over a performance period shall be subject to a performance period of not less than one year. The foregoing minimum vesting and performance periods will not, however, apply in connection with: (i)&nbsp; a Change in Control, (ii)&nbsp;a termination of Service due to death or Disability, (iii) a Substitute Award that does not reduce the vesting period of the award being replaced, (iv) Awards granted in payment of or exchange for other compensation already earned and payable, and (v)&nbsp;Awards involving an aggregate number of Shares not in excess of 5% of the Plan&#x2019;s share reserve specified in Section&nbsp;4(a).&nbsp;&nbsp;For purposes of Awards to Non-Employee Directors, a vesting period will be deemed to be one year if runs from the date of one annual meeting of the Company&#x2019;s stockholders to the date of the next annual meeting of the Company&#x2019;s stockholders.&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Transferability</font><font style="display: inline;">.&nbsp;&nbsp;Except as provided in this Section 6(c), (i) during the lifetime of a Participant, only the Participant or the Participant&#x2019;s guardian or legal representative may exercise an Option or SAR, or receive payment with respect to any other Award; and (ii) no Award may be sold, assigned, transferred, exchanged or encumbered, voluntarily or involuntarily, other than by will or the laws of descent and distribution.&nbsp;&nbsp;Any attempted transfer in violation of this Section&nbsp;6(c) shall be of no effect.&nbsp;&nbsp;The Committee may, however, provide in an Agreement or otherwise that an Award (other than an Incentive Stock Option) may be transferred pursuant to a domestic relations order or may be transferable by gift to </font><font style="display: inline;">any &#x201C;family member&#x201D; (as defined in General Instruction A.1(a)(5) to Form S-8 under the </font><font style="display: inline;">Securities Act of 1933, including the entities described therein) of the Participant.&nbsp;&nbsp;Any Award held by a transferee shall continue to be subject to the same terms and conditions that were applicable to that Award immediately before the transfer thereof.&nbsp;&nbsp;For purposes of any provision of the Plan relating to notice to a Participant or to acceleration or termination of an Award upon the death or termination of Service of a Participant, the references to &#x201C;Participant&#x201D; shall mean the original grantee of an Award and not any transferee.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Designation of Beneficiary</font><font style="display: inline;">.&nbsp;&nbsp;To the extent permitted by the Committee, a Participant may designate a beneficiary or beneficiaries to exercise any Award or receive a payment under any Award that is exercisable or payable on or after the Participant&#x2019;s death.&nbsp;&nbsp;Any such designation shall be on a form approved by the Company and shall be effective upon its receipt by the Company.&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(e)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Termination of Service</font><font style="display: inline;">.&nbsp;&nbsp;Unless</font><font style="display: inline;"> otherwise provided in an applicable Agreement, and subject to Section 12 of this Plan, if a Participant&#x2019;s Service with the Company and all of its Affiliates terminates, the following provisions shall apply (in all cases subject to the scheduled expiration of an Option or SAR Award, as applicable):&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">Upon termination of Service by the Company or an Affiliate for Cause, all unexercised Option and SAR Awards and </font><font style="display: inline;">all unvested portions of any other outstanding Awards shall be immediately forfeited without consideration.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">Upon termination of Service for any other reason, all unvested and unexercisable portions of any outstanding Awards shall be immediately forfeited without consideration. </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Upon termination of Service for any reason other than Cause, death or Disability, the currently vested and exercisable portions of Option and SAR Awards may be exercised for a period of three months after the date of such termination.&nbsp;&nbsp;However, if a Participant thereafter dies during such three-month period, the vested and exercisable portions of the Option and SAR Awards may be exercised for a period of one year after the date of such termination.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Upon termination of Service due to death or Disability, the currently vested and exercisable portions of Option and SAR Awards may be exercised for a period of one year after the date of such termination. </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(f)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Rights as Stockholder</font><font style="display: inline;">.&nbsp;&nbsp;No Participant shall have any rights as a stockholder with respect to any Shares covered by an Award unless and until the date the Participant becomes the holder of record of the Shares, if any, to which the Award relates.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(g)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Performance-Based Awards</font><font style="display: inline;">.&nbsp;&nbsp;Any Award may be granted as a performance-based Award if the Committee establishes one or more measures of corporate, business unit or individual performance which must be attained, and the </font>
		</font></p>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">7</font><font style="display: inline;"></font>

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

			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"><font style="display: inline;">performance period over which the specified performance is to be attained, as a condition to the grant, vesting, exercisability, lapse of restrictions and/or settlement in cash or Shares of such Award.&nbsp;&nbsp;In connection with any such Award, the Committee shall determine the extent to which performance measures have been attained and other applicable terms and conditions have been satisfied, and the degree to which vesting, exercisability, lapse of restrictions and/or settlement of such Award has been earned.&nbsp;&nbsp;Any performance-based Award that is intended by the Committee to qualify as Performance-Based Compensation shall additionally be subject to the requirements of Section 16 of this Plan.&nbsp;&nbsp;Except as provided in Section 16 with respect to Performance-Based Compensation, the Committee shall also have the authority to provide, in an Agreement or otherwise, for the modification of a performance period and/or an adjustment or waiver of the achievement of applicable performance goals under specified circumstances such as (i) the occurrence of events that are unusual in nature or infrequently occurring, such as a Change in Control, acquisitions, divestitures, restructuring activities, recapitalizations, or asset write-downs, (ii) a change in applicable tax laws or accounting principles, or (iii) the Participant&#x2019;s death or Disability.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(h)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Dividends and Dividend Equivalents</font><font style="display: inline;">.&nbsp;&nbsp;No dividends, dividend equivalents or distributions will be paid with respect to Shares subject to an Option or SAR Award.&nbsp; </font><font style="display: inline;color:#000000;">Any dividends or distributions paid with respect to Shares that are subject to the unvested portion of a Restricted Stock Award will be subject to the same restrictions as the Shares to which such dividends or distributions relate, except for regular cash dividends on Shares subject to the unvested portion of a Restricted Stock Award that is subject only to service-based vesting conditions.&nbsp; </font><font style="display: inline;">In its discretion, the Committee may provide in an Award Agreement for a Stock Unit Award or an Other Stock-Based Award that the Participant will be entitled to receive dividend equivalents on the units or other Share equivalents subject to the Award based on dividends actually declared and paid on outstanding Shares.&nbsp;&nbsp;The terms of any dividend equivalents will be as set forth in the applicable Agreement, including the time and form of payment and whether such dividend equivalents will be credited with interest or deemed to be reinvested in additional units or Share equivalents.&nbsp; </font><font style="display: inline;color:#000000;">Dividend equivalents paid with respect to units or Share equivalents that are subject to the unvested portion of a Stock Unit Award or an Other Stock-Based Award whose vesting is subject to the satisfaction of specified performance goals will be subject to the same restrictions as the units or Share equivalents to which such dividend equivalents relate.&nbsp; </font><font style="display: inline;">The Committee may, in its discretion, provide in an Agreement for restrictions on dividends and dividend equivalents in addition to those specified in this Section 6(h).&nbsp;&nbsp;Any Shares issued or issuable during the term of this Plan as the result of the reinvestment of dividends or the deemed reinvestment of dividend equivalents in connection with an outstanding Award shall be counted against, and replenish upon any subsequent forfeiture, the Plan&#x2019;s share reserve as provided in Section 4.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:17pt;"><font style="display: inline;">(i)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Deferrals of Full Value Awards</font><font style="display: inline;">.&nbsp;&nbsp;The Committee may, in its discretion, permit or require the deferral by a Participant of the issuance of Shares or payment of cash in settlement of any Full Value Award, subject to such terms, conditions, rules and procedures as it may establish or prescribe for such purpose and with the intention of complying with the applicable requirements of Code Section 409A.&nbsp;&nbsp;The terms, conditions, rules and procedures for any such deferral shall be set forth in writing in the relevant Agreement or in such other agreement, plan or document as the Committee may determine, or some combination of such documents.&nbsp;&nbsp;The terms, conditions, rules and procedures for any such deferral shall address, to the extent relevant, matters such as: (i) the amount of compensation that may or must be deferred (or the method for calculating the amount); (ii) the permissible time(s) and form(s) of payment of deferred amounts; (iii) the terms and conditions of any deferral elections by a Participant or of any deferral required by the Company; and (iv) the crediting of interest or dividend equivalents on deferred amounts.&nbsp; </font></font>
		</p>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">7.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Stock Option Awards</font><font style="display: inline;font-weight:bold;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Type and Exercise Price</font><font style="display: inline;">.&nbsp;&nbsp;The Agreement pursuant to which an Option Award is granted shall specify whether the Option is an Incentive Stock Option or a Non-Qualified Stock Option.&nbsp;&nbsp;The exercise price at which each Share subject to an Option Award may be purchased shall be determined by the Committee and set forth in the Agreement, and shall not be less than the Fair Market Value of a Share on the Grant Date, except in the case of Substitute Awards (to the extent consistent with Code Section 409A and, in the case of Incentive Stock Options, Code Section 424).&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Payment of Exercise Price</font><font style="display: inline;">.&nbsp;&nbsp;The purchase price of the Shares with respect to which an Option Award is exercised shall be payable in full at the time of exercise.&nbsp;&nbsp;The purchase price may be paid in cash or in such other manner as the Committee may permit, including by payment under a broker-assisted sale and remittance program, by withholding Shares otherwise issuable to the Participant upon exercise of the Option or by delivery to the Company of Shares (by actual delivery or attestation) already owned by the Participant (in each case, such Shares having a Fair Market Value as of the date the Option is exercised equal to the purchase price of the Shares being purchased).</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">

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

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

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Exercisability and Expiration</font><font style="display: inline;">.&nbsp;&nbsp;Each Option Award shall be exercisable in whole or in part on the terms provided in the Agreement.&nbsp;&nbsp;No Option Award shall be exercisable at any time after its scheduled expiration.&nbsp;&nbsp;When an Option Award is no longer exercisable, it shall be deemed to have terminated.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Incentive Stock Options</font><font style="display: inline;">.&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">An Option Award will constitute an Incentive Stock Option Award only if the Participant receiving the Option Award is an Employee, and only to the extent that (i) it is so designated in the applicable Agreement and (ii) the aggregate Fair Market Value (determined as of the Option Award&#x2019;s Grant Date) of the Shares with respect to which Incentive Stock Option Awards held by the Participant first become exercisable in any calendar year (under the Plan and all other plans of the Company and its Affiliates) does not exceed $100,000 or such other amount specified by the Code.&nbsp;&nbsp;To the extent an Option Award granted to a Participant exceeds this limit, the Option Award shall be treated as a Non-Qualified Stock Option Award.&nbsp;&nbsp;The maximum number of Shares that may be issued upon the exercise of Incentive Stock Option Awards under the Plan shall be 3,500,000, subject to adjustment as provided in Section 12(a).</font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">No Participant may receive an Incentive Stock Option Award under the Plan if, immediately after the grant of such Award, the Participant would own (after application of the rules contained in Code Section 424(d)) Shares possessing more than 10% of the total combined Voting Power of all classes of stock of the Company or an Affiliate, unless (i) the per Share exercise price for such Award is at least 110% of the Fair Market Value of a Share on the Grant Date and (ii) such Award will expire no later than five years after its Grant Date.</font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">For purposes of continued Service by a Participant who has been granted an Incentive Stock Option Award, no approved leave of absence may exceed three months unless reemployment upon expiration of such leave is provided by statute or contract.&nbsp;&nbsp;If reemployment is not so provided, then on the date six months following the first day of such leave, any Incentive Stock Option held by the Participant shall cease to be treated as an Incentive Stock Option and shall be treated for tax purposes as a Non-Qualified Stock Option.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">If an Incentive Stock Option Award is exercised after the expiration of the exercise periods that apply for purposes of Code Section 422, such Option shall thereafter be treated as a Non-Qualified Stock Option.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(5)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">The Agreement covering an Incentive Stock Option Award shall contain such other terms and provisions that the Committee determines necessary to qualify the Option Award as an Incentive Stock Option Award.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(e)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Extension if Exercise Prevented by Law</font><font style="display: inline;">.&nbsp;&nbsp;Notwithstanding the foregoing, if the exercise of an Option Award during the applicable post-termination of Service exercise period as set forth in Section 6(e) or in the applicable Agreement is prevented by Section 17(c), the Option shall remain exercisable until the later of (i) 30 days after the date the exercise of the Option would no longer be prevented by such provision, or (ii) the end of the applicable post-termination exercise period, but in no event later than the scheduled expiration date of the Option as set forth in the applicable Agreement.</font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">8.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Stock Appreciation Right Awards</font><font style="display: inline;font-weight:bold;">.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Nature of Award</font><font style="display: inline;">.&nbsp;&nbsp;An Award of Stock Appreciation Rights shall be subject to such terms and conditions as are determined by the Committee, and shall provide a Participant the right to receive upon exercise of the SAR Award all or a portion of the excess of (i) the Fair Market Value as of the date of exercise of the SAR Award of the number of Shares as to which the SAR Award is being exercised, over (ii) the aggregate exercise price for such number of Shares.&nbsp;&nbsp;The per Share exercise price for any SAR Award shall be determined by the Committee and set forth in the applicable Agreement, and shall not be less than the Fair Market Value of a Share on the Grant Date, except in the case of Substitute Awards (to the extent consistent with Code Section 409A).</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Exercise of SAR</font><font style="display: inline;">.&nbsp;&nbsp;Each SAR Award may be exercisable in whole or in part at the times, on the terms and in the manner provided in the Agreement.&nbsp;&nbsp;No SAR Award shall be exercisable at any time after its scheduled expiration.&nbsp;&nbsp;When a SAR Award is no longer exercisable, it shall be deemed to have terminated.&nbsp;&nbsp;Upon exercise of a SAR Award, payment to the Participant shall be made at such time or times as shall be provided in the Agreement in the form of cash, Shares or a combination of cash and Shares as determined by the Committee.&nbsp;&nbsp;The Agreement may provide for a limitation upon the amount or percentage of the total appreciation on which payment (whether in cash and/or Shares) may be made in the event of the exercise of a SAR Award.&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">

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

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;">9.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Restricted Stock Awards</font><font style="display: inline;font-weight:bold;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Vesting and Consideration</font><font style="display: inline;">.&nbsp;&nbsp;Shares subject to a Restricted Stock Award shall be subject to vesting and the lapse of applicable restrictions based on such conditions or factors and occurring over such period of time as the Committee may determine in its discretion.&nbsp;&nbsp;The Committee may provide whether any consideration other than Services must be received by the Company or any Affiliate as a condition precedent to the grant of a Restricted Stock Award, and may correspondingly provide for Company reacquisition or repurchase rights if such additional consideration has been required and some or all of a Restricted Stock Award does not vest.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Shares Subject to Restricted Stock Awards</font><font style="display: inline;">.&nbsp;&nbsp;Unvested Shares subject to a Restricted Stock Award shall be evidenced by a book-entry in the name of the Participant with the Company&#x2019;s transfer agent or by one or more Stock certificates issued in the name of the Participant.&nbsp;&nbsp;Any such Stock certificate shall be deposited with the Company or its designee, together with an assignment separate from the certificate, in blank, signed by the Participant, and bear an appropriate legend referring to the restricted nature of the Restricted Stock evidenced thereby.&nbsp;&nbsp;Any book-entry shall be subject to comparable restrictions and corresponding stop transfer instructions.&nbsp;&nbsp;Upon the vesting of Shares of Restricted Stock, and the Company&#x2019;s determination that any necessary conditions precedent to the release of vested Shares (such as satisfaction of tax withholding obligations and compliance with applicable legal requirements) have been satisfied, such vested Shares shall be made available to the Participant in such manner as may be prescribed or permitted by the Committee.&nbsp;&nbsp;Except as otherwise provided in the Plan or an applicable Agreement, a Participant with a Restricted Stock Award shall have all the rights of a shareholder, including the right to vote the Shares of Restricted Stock.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">10.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Stock Unit Awards</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Vesting and Consideration</font><font style="display: inline;">.&nbsp;&nbsp;A Stock Unit Award shall be subject to vesting and the lapse of applicable restrictions based on such conditions or factors and occurring over such period of time as the Committee may determine in its discretion.&nbsp;&nbsp;If vesting of a Stock Unit Award is conditioned on the achievement of specified performance goals, the extent to which they are achieved over the specified performance period shall determine the number of Stock Units that will be earned and eligible to vest, which may be greater or less than the target number of Stock Units stated in the Agreement. The Committee may provide whether any consideration other than Services must be received by the Company or any Affiliate as a condition precedent to the settlement of a Stock Unit Award.&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Payment of Award</font><font style="display: inline;">.&nbsp;&nbsp;Following the vesting of a Stock Unit Award, and the Company&#x2019;s determination that any necessary conditions precedent to the settlement of the Award (such as satisfaction of tax withholding obligations and compliance with applicable legal requirements) have been satisfied, settlement of the Award and payment to the Participant shall be made at such time or times in the form of cash, Shares (which may themselves be considered Restricted Stock under the Plan) or a combination of cash and Shares as determined by the Committee.&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">11.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Other Stock-Based Awards</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;"> &nbsp;The Committee may from time to time grant Shares and other Awards that are valued by reference to and/or payable in whole or in part in Shares under the Plan.&nbsp;&nbsp;The Committee shall determine the terms and conditions of such Awards, which shall be consistent with the terms and purposes of the Plan.&nbsp;&nbsp;The Committee may direct the Company to issue Shares subject to restrictive legends and/or stop transfer instructions that are consistent with the terms and conditions of the Award to which the Shares relate.&nbsp; </font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:43pt;"><font style="display: inline;font-weight:bold;">12.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Changes in Capitalization, Corporate Transactions, Change in Control</font><font style="display: inline;font-weight:bold;">.&nbsp; </font></font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Adjustments for Changes in Capitalization</font><font style="display: inline;">.&nbsp;&nbsp;In the event of any equity restructuring (within the meaning of FASB ASC Topic 718) that causes the per share value of Shares to change, such as a stock dividend, stock split, spinoff, rights offering or recapitalization through an extraordinary dividend, the Committee shall make such adjustments as it deems equitable and appropriate to (i) the aggregate number and kind of Shares or other securities issued or reserved for issuance under the Plan, (ii) the number and kind of Shares or other securities subject to outstanding Awards, (iii) the exercise price of outstanding Options and SARs, and (iv) any maximum limitations prescribed by the Plan with respect to certain types of Awards or the grants to individuals of certain types of Awards.&nbsp;&nbsp;In the event of any other change in corporate capitalization, including a merger, consolidation, reorganization, or partial or complete liquidation of the Company, such equitable adjustments described in the foregoing sentence may be made as determined to be appropriate and equitable by the Committee to prevent dilution or enlargement of rights of Participants.&nbsp; In either case, any such adjustment shall be conclusive and binding for all purposes of the Plan.&nbsp; No adjustment shall be made pursuant to this Section 12(a) in connection with the conversion of any convertible securities of the Company, or in a manner that would cause Incentive Stock Options to violate Section 422(b) of the Code or </font><font style="display: inline;color:#000000;">cause </font>
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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">10</font><font style="display: inline;"></font>

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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"><font style="display: inline;color:#000000;">an&nbsp;Award&nbsp;to be subject to adverse tax consequences&nbsp;under&nbsp;Section 409A of the Code</font><font style="display: inline;">.&nbsp; </font></p>
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		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Corporate Transactions</font><font style="display: inline;">.&nbsp;&nbsp;Unless otherwise provided in an applicable Agreement or another written agreement between a Participant and the Company, the following provisions shall apply to outstanding Awards in the event of a Change in Control that involves a Corporate Transaction.&nbsp; </font></font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;font-style:italic;text-decoration:underline;">Continuation, Assumption or Replacement of Awards</font><font style="display: inline;">.&nbsp;&nbsp;In the event of a Corporate Transaction, then the surviving or successor entity (or its Parent) may continue, assume or replace Awards outstanding as of the date of the Corporate Transaction (with such adjustments as may be required or permitted by Section 12(a)), and such Awards or replacements therefor shall remain outstanding and be governed by their respective terms, subject to Section 12(b)(4) below.&nbsp;&nbsp;A surviving or successor entity may elect to continue, assume or replace only some Awards or portions of Awards.&nbsp;&nbsp;For purposes of this Section 12(b)(1), an Award shall be considered assumed or replaced if, in connection with the Corporate Transaction and in a manner consistent with Code Sections 409A and 424, either (i) the contractual obligations represented by the Award are expressly assumed by the surviving or successor entity (or its Parent) with appropriate adjustments to the number and type of securities subject to the Award and the exercise price thereof that preserves the intrinsic value of the Award existing at the time of the Corporate Transaction, or (ii) the Participant has received a comparable equity-based award that preserves the intrinsic value of the Award existing at the time of the Corporate Transaction and contains terms and conditions that are substantially similar to those of the Award.&nbsp; </font></font>
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		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;font-style:italic;text-decoration:underline;">Acceleration</font><font style="display: inline;">.&nbsp;&nbsp;If and to the extent that outstanding Awards under the Plan are not continued, assumed or replaced in connection with a Corporate Transaction, then (i) all outstanding Option and SAR Awards shall become fully vested and exercisable for such period of time prior to the effective time of the Corporate Transaction as is deemed fair and equitable by the Committee, and shall terminate at the effective time of the Corporate Transaction, (ii) all outstanding Full Value Awards shall fully vest immediately prior to the effective time of the Corporate Transaction, and (iii) to the extent vesting of any Award is subject to satisfaction of specified performance goals, such Award shall be deemed &#x201C;fully vested&#x201D; for purposes of this Section 12(b)(2) if the performance goals are deemed to have been satisfied at the target level of performance and the vested portion of the Award at that level of performance is proportionate to the portion of the performance period that has elapsed as of the effective time of the Corporate Transaction.&nbsp;&nbsp;The Committee shall provide written notice of the period of accelerated exercisability of Option and SAR Awards to all affected Participants.&nbsp;&nbsp;The exercise of any Option or SAR Award whose exercisability is accelerated as provided in this Section 12(b)(2) shall be conditioned upon the consummation of the Corporate Transaction and shall be effective only immediately before such consummation.&nbsp; </font></font>
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		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">&nbsp;</font><font style="display: inline;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;font-style:italic;text-decoration:underline;">Payment for Awards</font><font style="display: inline;">.&nbsp;&nbsp;If and to the extent that outstanding Awards under the Plan are not continued, assumed or replaced in connection with a Corporate Transaction, then the Committee may provide that some or all of such outstanding Awards shall be canceled at or immediately prior to the effective time of the Corporate Transaction in exchange for payments to the holders as provided in this Section 12(b)(3).&nbsp;&nbsp;&nbsp;The Committee will not be required to treat all Awards similarly for purposes of this Section 12(b)(3).&nbsp;&nbsp;The payment for any Award surrendered shall be in an amount equal to the difference, if any, between (i) the fair market value (as determined in good faith by the Committee) of the consideration that would otherwise be received in the Corporate Transaction for the number of Shares subject to the Award, and (ii) the aggregate exercise price (if any) for the Shares subject to such Award.&nbsp;&nbsp;If the amount determined pursuant to clause (i) of the preceding sentence is less than or equal to the amount determined pursuant to clause (ii) of the preceding sentence with respect to any Award, such Award may be canceled pursuant to this Section 12(b)(3) without payment of any kind to the affected Participant.&nbsp;&nbsp;Payment of any amount under this Section 12(b)(3) shall be made in such form, on such terms and subject to such conditions as the Committee determines in its discretion, which may or may not be the same as the form, terms and conditions applicable to payments to the Company&#x2019;s stockholders in connection with the Corporate Transaction, and may, in the Committee&#x2019;s discretion, include subjecting such payments to vesting conditions comparable to those of the Award surrendered, subjecting such payments to escrow or holdback terms comparable to those imposed upon the Company&#x2019;s stockholders under the Corporate Transaction, or calculating and paying the present value of payments that would otherwise be subject to escrow or holdback terms.&nbsp; </font></font>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;font-style:italic;text-decoration:underline;">Termination After a Corporate Transaction</font><font style="display: inline;">.&nbsp;&nbsp;If and to the extent that Awards are continued, assumed or replaced under the circumstances described in Section 12(b)(1), and if within one year after the Corporate Transaction a Participant experiences an involuntary termination of Service for reasons other than Cause, then (i)&nbsp;outstanding Option and SAR Awards issued to the Participant that are not yet fully exercisable shall immediately become exercisable in full and shall remain exercisable for one year following the Participant&#x2019;s termination of employment, and (ii) any Full Value Awards that are not yet fully vested shall immediately vest in full (with vesting in full for a performance-based award determined as provided in Section 12(b)(2), except that the proportionate vesting amount will be determined with respect to the portion of the performance period during which the Participant was a Service Provider).&nbsp; </font></font>
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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">11</font><font style="display: inline;"></font>

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			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Other Change in Control</font><font style="display: inline;">.&nbsp;&nbsp;In the event of a Change in Control that does not involve a Corporate Transaction, the Committee may, in its discretion, take such action as it deems appropriate with respect to outstanding Awards, which may include: (i)&nbsp; providing for the cancellation of any Award in exchange for payments in a manner similar to that provided in Section&nbsp;12(b)(3) or (ii) making such adjustments to the Awards then outstanding as the Committee deems appropriate to reflect such Change in Control, which may include the acceleration of vesting in full or in part. The Committee will not be required to treat all Awards similarly in such circumstances, and may include such further provisions and limitations in any Award Agreement as it may deem equitable and in the best interests of the Company. </font></font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Dissolution or Liquidation</font><font style="display: inline;">.&nbsp;&nbsp;Unless otherwise provided in an applicable Agreement, in the event of a proposed dissolution or liquidation of the Company, the Committee will notify each Participant as soon as practicable prior to the effective date of such proposed transaction.&nbsp;&nbsp;An Award will terminate immediately prior to the consummation of such proposed action.&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">13.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Plan Participation and Service Provider Status</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;"> &nbsp;Status as a Service Provider shall not be construed as a commitment that any Award will be made under the Plan to that Service Provider or to eligible Service Providers generally.&nbsp;&nbsp;Nothing in the Plan or in any Agreement or related documents shall confer upon any Service Provider or Participant any right to continued Service with the Company or any Affiliate, nor shall it interfere with or limit in any way any right of the Company or any Affiliate to terminate the person&#x2019;s Service at any time with or without Cause or change such person&#x2019;s compensation, other benefits, job responsibilities or title.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">14.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Tax Withholding</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;"> &nbsp;The Company or any Affiliate, as applicable, shall have the right to (i) withhold from any cash payment under the Plan or any other compensation owed to a Participant an amount sufficient to cover any required withholding taxes related to the grant, vesting, exercise or settlement of an Award, and (ii) require a Participant or other person receiving Shares under the Plan to pay a cash amount sufficient to cover any required withholding taxes before actual receipt of those Shares.&nbsp;&nbsp;In lieu of all or any part of a cash payment from a person receiving Shares under the Plan, the Committee may permit the individual to cover all or any part of the required tax withholdings (but not to exceed the minimum statutory amount required to be withheld if such limitation is necessary to avoid an adverse accounting impact) by authorizing the Company to withhold a number of the Shares that would otherwise be delivered to the Participant, or by delivering to the Company Shares already owned by the Participant, with the Shares so withheld or delivered having a Fair Market Value on the date the taxes are required to be withheld equal to the amount of taxes to be withheld.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">15.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Effective Date, Duration, Amendment and Termination of the Plan</font><font style="display: inline;font-weight:bold;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Effective Date</font><font style="display: inline;">.&nbsp;&nbsp;The Plan shall become effective on the date it is approved by the Company&#x2019;s shareholders, which shall be considered the date of its adoption for purposes of Treasury Regulation &#xA7;1.422-2(b)(2)(i).&nbsp;&nbsp;No Awards shall be made under the Plan prior to its effective date.&nbsp;&nbsp;If the Company&#x2019;s shareholders fail to approve the Plan by June 30, 2016, the Plan will be of no further force or effect. </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Duration of the Plan</font><font style="display: inline;">.&nbsp;&nbsp;The Plan shall remain in effect until all Shares subject to it are distributed, all Awards have expired or terminated, the Plan is terminated pursuant to Section 15(c), or the tenth anniversary of the effective date of the Plan, whichever occurs first (the &#x201C;Termination Date&#x201D;).&nbsp;&nbsp;Awards made before the Termination Date shall continue to be outstanding in accordance with their terms and the terms of the Plan unless otherwise provided in the applicable Agreements.&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Amendment and Termination of the Plan</font><font style="display: inline;">.&nbsp;&nbsp;The Board may at any time terminate, suspend or amend the Plan.&nbsp;&nbsp;The Company shall submit any amendment of the Plan to its stockholders for approval only to the extent required by applicable laws or regulations or the rules of any securities exchange on which the Shares may then be listed.&nbsp;&nbsp;No termination, suspension, or amendment of the Plan may materially impair the rights of any Participant under a previously granted Award without the Participant's consent, unless such action is necessary to comply with applicable law or stock exchange rules. </font><font style="display: inline;font-weight:bold;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Amendment of Awards</font><font style="display: inline;">.&nbsp;&nbsp;Subject to Section 15(e), the Committee may unilaterally amend the terms of any Agreement evidencing an Award previously granted, except that no such amendment may materially impair the rights of any Participant under the applicable Award without the Participant's consent, unless such amendment is necessary to comply with applicable law or stock exchange rules or any compensation recovery policy as provided in Section 17(i). </font></font>
		</p>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(e)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">No Option or SAR Repricing</font><font style="display: inline;">.&nbsp;&nbsp;Except as provided in Section 12(a), no Option or Stock Appreciation Right Award granted under the Plan may be (i) amended to decrease the exercise price thereof, (ii) cancelled in conjunction with the grant of any new Option or Stock Appreciation Right Award with a lower exercise price, (iii) cancelled in exchange for cash, other </font>
		</font></p>
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			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">12</font><font style="display: inline;"></font>

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

			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"><font style="display: inline;">property or the grant of any Full Value Award at a time when the per share exercise price of the Option or Stock Appreciation Right Award is greater than the current Fair Market Value of a Share, or (iv) otherwise subject to any action that would be treated under accounting rules as a &#x201C;repricing&#x201D; of such Option or Stock Appreciation Right Award, unless such action is first approved by the Company&#x2019;s stockholders.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:33.95pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">16.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Performance-Based Compensation</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Designation of Awards</font><font style="display: inline;">.&nbsp;&nbsp;If the Committee determines at the time a Full Value Award is granted to a Participant that such Participant is, or is likely to be, a &#x201C;covered employee&#x201D; for purposes of Code Section 162(m) as of the end of the tax year in which the Company would ordinarily claim a tax deduction in connection with such Award, then the Committee may provide that this Section 16 will be applicable to such Award, which shall be considered Performance-Based Compensation.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Compliance with Code Section 162(m)</font><font style="display: inline;">.&nbsp;&nbsp;If an Award is subject to this Section 16, then the grant of the Award, the vesting and lapse of restrictions thereon and/or the distribution of cash, Shares or other property pursuant thereto, as applicable, shall be subject to the achievement over the applicable performance period of one or more performance goals based on one or more of the performance measures specified in Section 16(c).&nbsp;&nbsp;The Committee will select the applicable performance measure(s) and specify the performance goal(s) based on those performance measures for any performance period, specify in terms of an objective formula or standard the method for calculating the amount payable to a Participant if the performance goal(s) are satisfied, and certify the degree to which applicable performance goals have been satisfied and any amount that vests and is payable in connection with an Award subject to this Section 16, all within the time periods prescribed by and consistent with the other requirements of Code Section 162(m).&nbsp;&nbsp;In specifying the performance goals applicable to any performance period, the Committee may provide that one or more objectively determinable adjustments shall be made to the performance measures on which the performance goals are based, which may include adjustments that would cause such measures to be considered &#x201C;non-GAAP financial measures&#x201D; within the meaning of Rule 101 under Regulation G promulgated by the Securities and Exchange Commission, including adjustments for events that are unusual in nature or infrequently occurring, such as a Change in Control, acquisitions, divestitures, restructuring activities or asset write-downs, or for changes in applicable tax laws or accounting principles.&nbsp;&nbsp;The Committee may also adjust performance measures for a performance period to the extent permitted by Code Section 162(m) in connection with an event described in Section 12(a) to prevent the dilution or enlargement of a Participant&#x2019;s rights with respect to Performance-Based Compensation.&nbsp;&nbsp;The Committee may adjust downward, but not upward, any amount determined to be otherwise payable in connection with an Award subject to this Section 16.&nbsp;&nbsp;The Committee may also provide, in an Agreement or otherwise, that the achievement of specified performance goals in connection with an Award subject to this Section 16 may be waived upon the death or Disability of the Participant or under any other circumstance with respect to which the existence of such possible waiver will not cause the Award to fail to qualify as &#x201C;performance-based compensation&#x201D; under Code Section 162(m).</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Performance Measures</font><font style="display: inline;">.&nbsp;&nbsp;For purposes of any Full Value Award or Cash Incentive Award considered Performance-Based Compensation subject to this Section 16, the performance measures to be utilized</font><font style="display: inline;"> shall be limited to one or a combination of two or more of the following performance measures: (i) net earnings or net income; (ii) earnings before one or more of interest, taxes, depreciation, amortization and share-based compensation expense; (iii) earnings per share (basic or diluted); (iv) revenue; (v) gross profit; (vi) operating income; (vii) profitability as measured by return ratios (including, but not limited to, return on assets, return on operating assets, return on equity, return on invested capital and return on revenue) or by the degree to which any of the foregoing earnings measures exceed a percentage of revenue or gross profit; (viii) cash flow (including, but not limited to, operating cash flow, free cash flow and cash flow return on capital); (ix) market share; (x) margins (including, but not limited to, one or more of gross, operating and net earnings margins); (xi) stock price; (xii) total stockholder return; (xiii) </font><font style="display: inline;">asset quality; (xiv) non-performing assets; (xv) operating assets; (xvi) balance of cash, cash equivalents and marketable securities; (xvii) cost and expense management; (xviii) economic value added or similar value added measurements; (xix) improvement in or attainment of working capital levels; (xx) productivity ratios; (xxi) employee retention or satisfaction measures; (xxii) safety record; (xxiii) customer satisfaction; (xxiv) </font><font style="display: inline;">debt, credit or other leverage measures or ratios; </font><font style="display: inline;">(xxv) implementation or completion of critical projects; (xxvi) marketing-spending efficiency; and (xxvii) core non-interest income.</font><font style="display: inline;"> &nbsp; &nbsp;</font><font style="display: inline;">Any performance goal based on one or more of the foregoing performance measures may be expressed in absolute amounts, on a per share basis (basic or diluted), relative to one or more other performance measures, as a growth rate or change from preceding periods, or as a comparison to the performance of specified companies, indices or other external measures, and may relate to one or any combination of </font><font style="display: inline;">Company, Affiliate, business unit or individual performance.&nbsp;&nbsp;&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
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		</p>
		<p><font size="1"> </font></p><div style="width:100%">

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

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">13</font><font style="display: inline;"></font>

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

			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;">17.</font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Other Provisions</font><font style="display: inline;font-weight:bold;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Unfunded Plan</font><font style="display: inline;">.&nbsp;&nbsp;The Plan shall be unfunded and the Company shall not be required to segregate any assets that may at any time be represented by Awards under the Plan.&nbsp;&nbsp;Neither the Company, its Affiliates, the Committee, nor the Board shall be deemed to be a trustee of any amounts to be paid under the Plan nor shall anything contained in the Plan or any action taken pursuant to its provisions create or be construed to create a fiduciary relationship between the Company and/or its Affiliates, and a Participant.&nbsp;&nbsp;&nbsp;To the extent any person has or acquires a right to receive a payment in connection with an Award under the Plan, this right shall be no greater than the right of an unsecured general creditor of the Company.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Limits of Liability</font><font style="display: inline;">.&nbsp;&nbsp;Except as may be required by law, neither the Company nor any member of the Board or of the Committee, nor any other person participating (including participation pursuant to a delegation of authority under Section 3(c) of the Plan) in any determination of any question under the Plan, or in the interpretation, administration or application of the Plan, shall have any liability to any party for any action taken, or not taken, in good faith under the Plan.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Compliance with Applicable Legal Requirements and Company Policies</font><font style="display: inline;">.&nbsp;&nbsp;No Shares distributable pursuant to the Plan shall be issued and delivered unless and until the issuance of the Shares complies with all applicable legal requirements, including compliance with the provisions of applicable state and federal securities laws, and the requirements of any securities exchanges on which the Company&#x2019;s Shares may, at the time, be listed.&nbsp;&nbsp;During any period in which the offering and issuance of Shares under the Plan is not registered under federal or state securities laws, Participants shall acknowledge that they are acquiring Shares under the Plan for investment purposes and not for resale, and that Shares may not be transferred except pursuant to an effective registration statement under, or an exemption from the registration requirements of, such securities laws.&nbsp; Any stock certificate or book-entry evidencing Shares issued under the Plan that are subject to securities law restrictions shall bear or be accompanied by an appropriate restrictive legend or stop transfer instruction.&nbsp;&nbsp;Notwithstanding any other provision of this Plan, the acquisition, holding or disposition of Shares acquired pursuant to the Plan shall in all events be subject to compliance with applicable Company policies, including those relating to insider trading, pledging or hedging transactions, minimum post-vesting holding periods and stock ownership guidelines, and to forfeiture or recovery of compensation as provided in Section 17(i).</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Other Benefit and Compensation Programs</font><font style="display: inline;">.&nbsp;&nbsp;Payments and other benefits received by a Participant under an Award made pursuant to the Plan shall not be deemed a part of a Participant&#x2019;s regular, recurring compensation for purposes of the termination, indemnity or severance pay laws of any country and shall not be included in, nor have any effect on, the determination of benefits under any other employee benefit plan, contract or similar arrangement provided by the Company or an Affiliate unless expressly so provided by such other plan, contract or arrangement, or unless the Committee expressly determines that an Award or portion of an Award should be included to accurately reflect competitive compensation practices or to recognize that an Award has been made in lieu of a portion of competitive cash compensation.</font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(e)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Governing Law</font><font style="display: inline;">.&nbsp;&nbsp;To the extent that federal laws do not otherwise control, the Plan and all determinations made and actions taken pursuant to the Plan shall be governed by the laws of the State of Delaware without regard to its conflicts-of-law principles and shall be construed accordingly.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">(f)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Severability</font><font style="display: inline;">.&nbsp;&nbsp;If any provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(g)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Code Section 409A</font><font style="display: inline;">.&nbsp;&nbsp;It is intended that (i) all Awards of Options, SARs and Restricted Stock under the Plan will not provide for the deferral of compensation within the meaning of Code Section 409A and thereby be exempt from Code Section 409A, and (ii) all other Awards under the Plan will either not provide for the deferral of compensation within the meaning of Code Section 409A, or will comply with the requirements of Code Section 409A, and Awards shall be structured and the Plan administered and interpreted in accordance with this intent.&nbsp;&nbsp;The Plan and any Agreement may be unilaterally amended by the Company in any manner deemed necessary or advisable by the Committee or Board in order to maintain such exemption from or compliance with Code Section 409A, and any such amendment shall conclusively be presumed to be necessary to comply with applicable law.&nbsp;&nbsp;Notwithstanding anything to the contrary in the Plan or any Agreement, with respect to any Award that constitutes a deferral of compensation subject to Code Section 409A:</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">If any amount is payable under such Award upon a termination of Service, a termination of Service will be deemed to have occurred only at such time as the Participant has experienced a &#x201C;separation from service&#x201D; as such term is defined for purposes of Code Section&nbsp;409A;</font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">14</font><font style="display: inline;"></font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 10pt"><font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">If any amount shall be payable with respect to any such Award as a result of a Participant&#x2019;s &#x201C;separation from service&#x201D; at such time as the Participant is a &#x201C;specified employee&#x201D; within the meaning of Code Section 409A, then no payment shall be made, except as permitted under Code Section&nbsp;409A, prior to the first business day after the earlier of (i) the date that is six months after the Participant&#x2019;s separation from service or (ii) the Participant&#x2019;s death.&nbsp;&nbsp;Unless the Committee has adopted a specified employee identification policy as contemplated by Code Section 409A, specified employees will be identified in accordance with the default provisions specified under Code Section&nbsp;409A. </font></font>
		</p>
		<p style="margin:0pt;text-indent:67.9pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">None of the Company, the Board, the Committee nor any other person involved with the administration of this Plan shall (i) in any way be responsible for ensuring the exemption of any Award from, or compliance by any Award with, the requirements of Code Section 409A, (ii) have any obligation to design or administer the Plan or Awards granted thereunder in a manner that minimizes a Participant&#x2019;s tax liabilities, including the avoidance of any additional tax liabilities under Code Section 409A, and (iii) shall have any liability to any Participant for any such tax liabilities. </font>
		</p>
		<p style="margin:0pt;text-indent:67.9pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:15pt;"><font style="display: inline;">(h)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Rule 16b-3</font><font style="display: inline;">.&nbsp;&nbsp;It is intended that the Plan and all Awards granted pursuant to it shall be administered by the Committee so as to permit the Plan and Awards to comply with Exchange Act Rule 16b-3.&nbsp;&nbsp;If any provision of the Plan or of any Award would otherwise frustrate or conflict with the intent expressed in this Section 17(h), that provision to the extent possible shall be interpreted and deemed amended in the manner determined by the Committee so as to avoid the conflict.&nbsp;&nbsp;To the extent of any remaining irreconcilable conflict with this intent, the provision shall be deemed void as applied to Participants subject to Section 16 of the Exchange Act to the extent permitted by law and in the manner deemed advisable by the Committee.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:17pt;"><font style="display: inline;">(i)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">Forfeiture and Compensation Recovery</font><font style="display: inline;">. &nbsp;</font></font>
		</p>
		<p style="margin:0pt;text-indent:67.9pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">The Committee may specify in an Agreement that the Participant&#x2019;s rights, payments, and benefits with respect to an Award will be subject to reduction, cancellation, forfeiture or recovery by the Company upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award.&nbsp;&nbsp;Such events may include termination of Service for Cause; violation of any material Company or Affiliate policy; breach of non-competition, non-solicitation or confidentiality provisions that apply to the Participant; a determination that the payment of the Award was based on an incorrect determination that financial or other criteria were met or other conduct by the Participant that is detrimental to the business or reputation of the Company or its Affiliates. </font></font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:63pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">&nbsp;</font><font style="display: inline;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Awards and any compensation associated therewith may be made subject to forfeiture, recovery by the Company or other action pursuant to any compensation recovery policy adopted by the Board or the Committee at any time, including in response to the requirements of Section 10D of the Exchange Act and any implementing rules and regulations thereunder, or as otherwise required by law.&nbsp;&nbsp;Any Agreement may be unilaterally amended by the Committee to comply with any such compensation recovery policy.&nbsp; </font></font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			&nbsp;
		</p></div><div style="margin-left:50pt;margin-right:50pt;">
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

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

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

			<font style="display: inline;">A-</font><font style="display: inline;"></font><font style="display: inline;">15</font><font style="display: inline;"></font>

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;">PROXY</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">CENTURY CASINOS, INC.</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">This Proxy is solicited by the Board of Directors</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">The undersigned </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;"> of Century Casinos, Inc. acknowledges receipt of the Notice of Annual Meeting of </font><font style="display: inline;">Stockholder</font><font style="display: inline;">s</font><font style="display: inline;">, to be held online </font><font style="display: inline;">via the Internet at </font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">www.virtualshareholdermeeting.com/cnty201</font><font style="color:#0000FF;display: inline;color:#000000;text-decoration:none;">6</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">on </font><font style="display: inline;">Thursday</font><font style="display: inline;">, June </font><font style="display: inline;">9</font><font style="display: inline;">, 201</font><font style="display: inline;">6</font><font style="display: inline;"> and </font><font style="display: inline;">hereby appoints Erwin Haitzmann, Peter Hoetzinger or Margaret Stapleton, or any of them individually, each with the power of substitution, as attorneys and proxies to vote all the shares of the undersigned at said Annual Meeting and at all adjournments thereof, hereby ratifying and confirming all that said attorneys and proxies may do or cause to be done by virtue hereof.&nbsp;&nbsp;The above-named attorneys and proxies are instructed to vote all of the undersigned's shares as follows:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> (1)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">To elect </font><font style="display: inline;color:#000000;">two</font><font style="display: inline;color:#000000;"> Class I director</font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;"> to the Board of Directors.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 31.5pt;text-indent: -31.5pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(The Board of Directors recommends a vote for election of the following nominee</font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;">.)</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:125pt;"><font style="display: inline;color:#000000;">ROBERT S. EICHBERG</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;FOR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;AGAINST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;ABSTAIN</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:128pt;"><font style="display: inline;color:#000000;">DR. DINAH CORBACI</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;FOR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;AGAINST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;ABSTAIN</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> (2)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">To ratify the appointment of </font><font style="display: inline;color:#000000;">Deloitte &amp; Touche LLP </font><font style="display: inline;color:#000000;">as our independent registered public accounting firm for the fiscal year ending December 31, 201</font><font style="display: inline;color:#000000;">6</font><font style="display: inline;color:#000000;">.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(The Board of Directors recommends a vote for ratification.)</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:250pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;FOR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;AGAINST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;ABSTAIN</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:10pt;;"> (3)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">To consider and vote upon a proposal to approve an advisory (non-binding) resolution regarding the compensation of the Company&#x2019;s named executive officers. </font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:51pt;"><font style="display: inline;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(The Board of Directors recommends a vote for approval.)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;"></font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:250pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;FOR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;AGAINST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;ABSTAIN</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:10pt;;"> (4)</font>
			</p>
		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;">
			<font style="display: inline;color:#000000;">To approve and adopt the Century Casinos, Inc. 2016 Equity Incentive Plan. </font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:51pt;"><font style="display: inline;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(The Board of Directors recommends a vote for approval.)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;"></font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:250pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;FOR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;AGAINST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">&#x2610;</font><font style="display: inline;color:#000000;"> &nbsp;&nbsp;ABSTAIN</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">In their discretion, the proxies are authorized to vote upon such other business as may properly come before the meeting.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;"> &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; </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of </font><font style="display: inline;font-weight:bold;color:#000000;">Stockholder</font><font style="display: inline;font-weight:bold;color:#000000;">s to be held on </font><font style="display: inline;font-weight:bold;color:#000000;">Thursday</font><font style="display: inline;font-weight:bold;color:#000000;">, June </font><font style="display: inline;font-weight:bold;color:#000000;">9</font><font style="display: inline;font-weight:bold;color:#000000;">, 201</font><font style="display: inline;font-weight:bold;color:#000000;">6</font><font style="display: inline;font-weight:bold;color:#000000;">.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">The Proxy Statement and annual report to </font><font style="display: inline;font-weight:bold;color:#000000;">s</font><font style="display: inline;font-weight:bold;color:#000000;">tockholder</font><font style="display: inline;font-weight:bold;color:#000000;">s are available at </font><font style="display: inline;font-weight:bold;text-decoration:underline;color:#000000;">www.proxyvote.com</font><font style="display: inline;font-weight:bold;color:#000000;">. &nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">(Continued and to be signed on reverse side)</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

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

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

			&nbsp;

		</p>

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

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font><font style="display: inline;">(Continued from other side)</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">This proxy, when properly executed, will be voted as directed herein by the undersigned </font><font style="display: inline;">s</font><font style="display: inline;">tockholder</font><font style="display: inline;">.&nbsp;&nbsp;Unless contrary instructions are given, the shares represented by this proxy will be voted FOR the nominee</font><font style="display: inline;">s</font><font style="display: inline;"> set forth in Ite</font><font style="display: inline;">m 1, FOR Item 2, FOR Item 3 and FOR Item 4</font><font style="display: inline;"> and in the discretion of the proxy holders on any other business as may properly come before the meeting or any adjournment(s) or postponement(s) thereof.</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Dated this______ day of _________________, 201</font><font style="display: inline;">6</font>
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		<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Signature__________________________________</font>
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		<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Signature__________________________________</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Please sign your name exactly as it appears on your stock certificate.&nbsp;&nbsp;If shares are held jointly, each holder should sign. Executors, trustees, and other fiduciaries should so indicate when signing.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:left;vertical-align:baseline;font-family:Times New Roman;font-weight:bold;punctuation-wrap:hanging;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:normal;font-size:10pt;">&#x2610;</font><font style="display: inline;font-weight:normal;font-size:10pt;"> &nbsp;&nbsp;Please indicate if you plan to attend this meeting.</font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p><font size="1"> </font></p><div style="width:100%">

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

			&nbsp;

		</p>

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			&nbsp;

		</p>

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