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Stock Based Compensation

3 Months Ended

Sep. 29, 2013

Compensation Related Costs, Retirement Benefits:

Compensation and Employee Benefit Plans

(4)           Stock-Based Compensation

For the quarter ended September 29, 2013, the Company recognized stock-based compensation expense of $15,000.  As of September 29, 2013, unamortized stock-based compensation expense was $0.2 million.

The following table summarizes the number of shares of the Company’s common stock subject to outstanding stock options:

		Three Months Ended
		September 29, 2013				September 23, 2012
Outstanding at beginning of year			851,306				486,506
Granted			8,664				110,000
Exercised			-				-
Forfeited/Canceled/Expired			-				-
Outstanding at end of period			859,970				596,506
Exercisable at end of period			464,306				374,106

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- Definition

The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans.

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