-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VDerywGlaCvZeIweI/ofS5pXrIjd9HDWr8tcR5pa71o5GoFteEc7sdnfvWgvJlsB
 vVqyHnJuPRTmvb6NH7YgPQ==

<SEC-DOCUMENT>0000909724-10-000014.txt : 20100422
<SEC-HEADER>0000909724-10-000014.hdr.sgml : 20100422
<ACCEPTANCE-DATETIME>20100422133340
ACCESSION NUMBER:		0000909724-10-000014
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100518
FILED AS OF DATE:		20100422
DATE AS OF CHANGE:		20100422
EFFECTIVENESS DATE:		20100422

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TANDY LEATHER FACTORY INC
		CENTRAL INDEX KEY:			0000909724
		STANDARD INDUSTRIAL CLASSIFICATION:	LEATHER & LEATHER PRODUCTS [3100]
		IRS NUMBER:				752543540
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12368
		FILM NUMBER:		10764038

	BUSINESS ADDRESS:	
		STREET 1:		3847 EAST LOOP
		STREET 2:		820 SOUTH
		CITY:			FT WORTH
		STATE:			TX
		ZIP:			76119
		BUSINESS PHONE:		8174964414

	MAIL ADDRESS:	
		STREET 1:		3847 EAST LOOP
		STREET 2:		820 SOUTH
		CITY:			FT WORTH
		STATE:			TX
		ZIP:			76119

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LEATHER FACTORY INC
		DATE OF NAME CHANGE:	19930723
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>def14a.htm
<DESCRIPTION>SCHEDULE 14A - 2010 PROXY STATEMENT
<TEXT>
<html>
<head>
    <title>def14a.htm</title>
<!-- Licensed to: TANDY LEATHER FACTORY INC-->
<!-- Document Created using EDGARizer 5.1.5.0 -->
<!-- Copyright 1995 - 2009 Thomson Reuters. All rights reserved. -->
</head>
<body bgcolor="#ffffff" style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><br><br>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">UNITED
STATES</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SECURITIES
AND EXCHANGE COMMISSION</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Washington,
D.C. 20549</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SCHEDULE
14A</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Proxy
Statement Pursuant to Section 14(a) of the Securities</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Exchange
Act of 1934 (Amendment No. ___)</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Filed by
the
Registrant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;[
X ]</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Filed by
a Party other than the
Registrant&#160;&#160;&#160;&#160;[&#160;&#160;&#160;&#160;&#160;]</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Check the
appropriate box:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[&#160;&#160;&#160;&#160;&#160;]&#160;&#160;&#160;&#160;Preliminary
Proxy Statement</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[&#160;&#160;&#160;&#160;&#160;]&#160;&#160;&#160;&#160;Confidential,
for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[ X
]&#160;&#160;&#160;&#160;Definitive Proxy Statement</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[&#160;&#160;&#160;&#160;&#160;]&#160;&#160;&#160;&#160;Definitive
Additional Materials</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[&#160;&#160;&#160;&#160;&#160;]&#160;&#160;&#160;&#160;Soliciting
Material Pursuant to Rule 14a-11(c) or Rule 14a-12</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">TANDY
LEATHER FACTORY, INC.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">-------------------------------------------------------------------------------------</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(Name of
Registrant as Specified in Its Charter)</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">--------------------------------------------------------------------------------------</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(Name of
Person(s) Filing Proxy Statement, if other than the Registrant)</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Payment
of Filing Fee (Check the appropriate box)</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[ X
]&#160;&#160;&#160;&#160;&#160;No fee required.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[&#160;&#160;&#160;&#160;&#160;]&#160;&#160;&#160;&#160;&#160;Fee
computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11</font></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">1)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Title
      of each class of securities to which transaction
  applies:</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">2)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Aggregate
      number of securities to which transaction
  applies:</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">3)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Per
      unit price or other underlying value of transaction computed pursuant to
      Exchange Act Rule 0-11 (set forth the amount on which the filing fee is
      calculated and state how it was
determined):</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">4)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Proposed
      maximum aggregate value of
transaction:</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">5)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Total
      fee paid:</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[&#160;&#160;&#160;]
Fee paid previously with preliminary materials.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[&#160;&#160;&#160;]
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.&#160;&#160;Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 63pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">1)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Amount
      Previously Paid:</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 63pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">2)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Form,
      Schedule or Registration Statement
No.:</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 63pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">3)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Filing
      Party:</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 63pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">4)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Date
      Filed:</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
        </div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><img src="talefalogo_rgbhalf.jpg" alt=""></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">TANDY
LEATHER FACTORY, INC.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">1900
Southeast Loop 820</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">Fort
Worth, Texas&#160;&#160;76140</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">NOTICE
OF ANNUAL MEETING OF STOCKHOLDERS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td align="left" valign="top" width="17%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Time
      and Date</font></div>
            </td>
            <td valign="top" width="69%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10:00
      a.m. local time on Tuesday, May 18, 2010</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
          </tr><tr>
            <td align="left" valign="top" width="17%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Place</font></div>
            </td>
            <td valign="top" width="69%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Corporate
      Offices</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Tandy
      Leather Factory, Inc.</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1900
      Southeast Loop 820</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Fort
      Worth, Texas&#160;&#160;76140</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
          </tr><tr>
            <td align="left" valign="top" width="17%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Items
      of Business</font></div>
            </td>
            <td valign="top" width="69%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1)&#160;&#160;To
      elect seven directors to the Board of Directors for a one-year
      term</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(2)&#160;&#160;To
      consider such other business as may properly come before the
      meeting</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
          </tr><tr>
            <td align="left" valign="top" width="17%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Adjournments
      and</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Postponements</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
            <td valign="top" width="69%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Any
      action on the items of business described above may be considered at the
      time and on the date specified above or at any time and date to which the
      annual meeting may be properly adjourned or postponed.</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
          </tr><tr>
            <td align="left" valign="top" width="17%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Record
      Date</font></div>
            </td>
            <td valign="top" width="69%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">You
      are entitled to vote only if you were a shareholder of our common stock at
      the close of business on April 15, 2010.</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
          </tr><tr>
            <td align="left" valign="top" width="17%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Voting</font></div>
            </td>
            <td valign="top" width="69%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Your
      vote is very important.&#160;&#160;Whether or not you plan to attend the
      annual meeting, we encourage you to read this proxy statement and submit
      your proxy or voting instructions as soon as possible.&#160;&#160;You may
      submit your proxy or voting instructions for the annual meeting by
      completing, signing, dating and returning your proxy or voting instruction
      card in the pre-addressed envelope provided.&#160;&#160;For specific
      instructions on how to vote your shares, please refer to the section
      titled "Questions and Answers" in this proxy statement and the
      instructions on the proxy or voting instruction card.</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
          </tr><tr>
            <td align="left" valign="top" width="17%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Availability
      of</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Proxy
      Materials</font></div>
            </td>
            <td valign="top" width="69%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">A
      copy of this proxy statement and our 2009 annual report to stockholders
      are available at www.proxyvote.com.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Please
advise our transfer agent, Computershare Trust Company, 350 Indiana Street,
Suite 800, Golden, Colorado 80401, of any change in your address.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
              <td valign="top" width="29%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td align="left" valign="top" width="29%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">By
      Order of the Board of Directors,</font></div>
              </td>
              <td valign="top" width="29%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            </tr><tr>
              <td valign="top" width="29%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td align="left" valign="top" width="29%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; TEXT-DECORATION: underline">/s/
      William M. Warren</font></div>
              </td>
              <td valign="top" width="29%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            </tr><tr>
              <td valign="top" width="29%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td align="left" valign="top" width="29%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">William
      M. Warren</font></div>
              </td>
              <td valign="top" width="29%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            </tr><tr>
              <td valign="top" width="29%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td align="left" valign="top" width="29%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">General
      Counsel and Secretary</font></div>
              </td>
              <td valign="top" width="29%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            </tr></table>
      </div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This
notice of annual meeting, proxy statement and proxy card are being distributed
on or about April 25, 2010.</font></div><br>
      <div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
          <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
          <div style="TEXT-ALIGN: center; WIDTH: 100%">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
        </div>
      </div><br><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">[THIS
PAGE LEFT BLANK INTENTIONALLY]</font></div><br>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
      </div>
    </div><br>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><img src="talefalogo_rgbhalf.jpg" alt=""></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">To our
Stockholders:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On behalf
of the board of directors, it is my pleasure to invite you to attend the Annual
Meeting of Stockholders of Tandy Leather Factory, Inc. on Tuesday, May 18, 2010
in Fort Worth, Texas.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">At the
meeting, in addition to the formal items of business to be brought before the
meeting, members of management will report on our operations and respond to
stockholder questions.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Your vote
is very important.&#160;&#160;We encourage you to read this proxy statement and
vote your shares as soon as possible regardless of whether or not you plan to
attend the annual meeting.&#160;&#160;A return envelope for your proxy card is
enclosed for your convenience.&#160;&#160;Voting now by written proxy will
ensure your representation at the annual meeting regardless of whether you
attend in person.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Thank you
for your continued support of Tandy Leather Factory.&#160;&#160;We look forward
to seeing you at the meeting on May 18.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
              <td valign="top" width="43%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="43%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Sincerely,</font></div>
              </td>
            </tr><tr>
              <td valign="top" width="43%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="43%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; TEXT-DECORATION: underline"><font style="DISPLAY: inline">/s/ Wray Thompson</font></font></div>
              </td>
            </tr><tr>
              <td valign="top" width="43%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="43%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Wray
      Thompson</font></div>
              </td>
            </tr><tr>
              <td valign="top" width="43%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="43%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Chairman
      of the Board of Directors</font></div>
              </td>
            </tr></table>
      </div><br>
      <div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">&#160;</div>
      </div><br><br>
      <div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
          <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
          <div style="TEXT-ALIGN: center; WIDTH: 100%">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
        </div>
      </div><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">TABLE
OF CONTENTS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td valign="top" width="74%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="7%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Page</font></font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">GENERAL
      INFORMATION ABOUT THE ANNUAL MEETING AND VOTING</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">SECURITY
      OWNERSHIP OF MANAGEMENT AND CERTAIN BENEFICIAL OWNERS</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">PROPOSAL
      1:&#160;&#160;ELECTION OF DIRECTORS</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">ADDITIONAL
      INFORMATION CONCERNING OUR BOARD OF DIRECTORS</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2009
      DIRECTOR COMPENSATION TABLE</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">COMMITTEES
      OF THE BOARD</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Nominating
      Committee</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Audit
      Committee</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Audit
      Fees</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Report
      of the Audit Committee</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">COMPENSATION
      DISCUSSION AND ANALYSIS</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Compensation
      Committee</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Base
      Salary</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Bonuses</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Stock
      Options</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Retirement
      and Other Benefits</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Compensation
      Committee Interlocks and Insider Participation</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Report
      of the Compensation Committee</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">COMPENSATION
      TABLES AND OTHER INFORMATION</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">SUMMARY
      COMPENSATION TABLE</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">OUTSTANDING
      EQUITY AWARDS AT 2009 FISCAL YEAR-END</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">RELATIONSHIPS
      AND TRANSACTIONS WITH RELATED PERSONS</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">SECTION
      16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">EQUITY
      COMPENSATION PLANS</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">OTHER
      MATTERS</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Solicitation
      of Proxies</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Stockholder
      Proposals for 2011</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Stockholder
      Communications with Board</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;Householding
      of Annual Meeting materials</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="74%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;&#160;&#160;General
      Information</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 18pt; FONT-WEIGHT: bold">&#160;</font><br>&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div><br>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">GENERAL
INFORMATION ABOUT THE ANNUAL MEETING AND VOTING</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Why
did I receive this proxy statement?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Because
you are a stockholder of Tandy Leather Factory, Inc. as of the record date and
entitled to vote at the 2010 Annual Meeting of Stockholders, our board of
directors is soliciting your proxy to vote at the meeting.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This
Proxy Statement summarizes the information you need to know to vote at the
Annual Meeting.&#160;&#160;This Proxy Statement and form of proxy were first
mailed to stockholders on or about April 15, 2010.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">What
am I voting on?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">You are
voting on one item:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">1.&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Election
      of seven directors for a term of one
year.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">What
are the voting recommendations of the board of directors?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
      board recommends a vote FOR each of the director
  nominees.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Will
any other matters be voted on?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We do not
know of any other matters that will be brought before the stockholders for a
vote at the Annual Meeting.&#160;&#160;If any other matter is properly brought
before the meeting, your signed proxy card gives authority to William Warren,
our Secretary, and Mark Angus, our Senior Vice President, who together comprise
the Proxy Committee, to vote on such matters at their discretion.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Who
is entitled to vote?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Stockholders
of record as of the close of business on April 15, 2010 (the record date) are
entitled to vote at the Annual Meeting.&#160;&#160;Each share of common stock is
entitled to one vote.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">What
is the difference between holding shares as a stockholder of record and as a
beneficial owner?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Many
stockholders hold their shares through a stockbroker, bank, or other nominee
rather than directly in their own name.&#160;&#160;As summarized below, there
are some distinctions between shares held of record and those owned
beneficially.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Stockholder of
Record.&#160;&#160;</font>If your shares are registered directly in your name
with our transfer agent, Computershare Transfer Corporation, you are considered,
with respect to those shares, the stockholder of record, and these proxy
materials are being sent directly to you by us.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Beneficial
Owner.&#160;&#160;</font>If your shares are held in a stock brokerage account or
by a bank or other nominee, you are considered the <font style="FONT-STYLE: italic; DISPLAY: inline">beneficial owner</font> of shares
held in &#8220;street name&#8221;, and these proxy materials are being forwarded to you by
your broker or nominee who is considered, with respect to those shares, the
stockholder of record.&#160;&#160;As the beneficial owner, you have the right to
direct your broker how to vote and are also invited to attend the Annual
Meeting.&#160;&#160;However, since you are not the stockholder of record, you
may not vote these shares in person at the meeting, unless you bring with you a
legal proxy from the stockholder of record.&#160;&#160;Your broker or nominee
has enclosed a voting instruction card for you to use in directing the broker or
nominee how to vote your shares.</font></div><br>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">How
do I vote?</font></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If you
are a stockholder of record, there are three ways to vote:</font></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">By
      Internet at <font style="DISPLAY: inline; TEXT-DECORATION: underline">www.proxyvote.com</font>;</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">By
      completing and mailing your proxy card;
or</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">By
      written ballot at the meeting.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If you
vote by Internet, your vote must be received by 11:59 PM Eastern Time on May
17th, the business day before the meeting.&#160;&#160;Your shares will be voted
as you indicate.&#160;&#160;If you return your proxy card, but you do not
indicate your voting preferences, the Proxy Committee will vote your shares
affirmatively.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If your
shares are held in a brokerage account in your broker&#8217;s name, you should follow
the voting directions provided by your broker or nominee.&#160;&#160;You may
complete and mail a voting instruction card to your broker or nominee or, in
most cases, submit voting instructions via the Internet to your broker or
nominee.&#160;&#160;If you provide specific voting instructions by mail or the
Internet, your shares should be voted by your broker or nominee as you have
directed.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We will
distribute written ballots to anyone who wants to vote at the
meeting.&#160;&#160;If you hold your shares in street name, you must request a
legal proxy from your broker to vote at the meeting.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Is
my vote confidential?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Yes.&#160;&#160;It
is our policy that all proxies, ballots, and vote tabulations that identify the
vote of a stockholder will be kept confidential from us and our directors,
officers, and employees until after the final vote is tabulated and announced,
except in limited circumstances including any contested solicitation of proxies,
when required to meet a legal requirement, to defend a claim against us or to
assert a claim by us, and when written comments by a stockholder appear on a
proxy card or other voting material.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
          <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">1</font></div>
          <div style="TEXT-ALIGN: center; WIDTH: 100%">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Who
counts the votes?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We will
appoint two persons as inspectors of election for the meeting who will count the
votes cast.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">What
is the quorum requirement of the meeting?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">A
majority of the outstanding shares determined on April 15, 2010, represented in
person or by proxy at the meeting constitutes a quorum for voting on items at
the Annual Meeting.&#160;&#160;If you vote, your shares will be part of the
quorum.&#160;&#160;Abstentions, but not broker non-votes (discussed below) will
be counted in determining the quorum.&#160;&#160;Neither, however, will be
counted as votes cast.&#160;&#160;On April 15, 2010, there were 10,141,522
shares outstanding.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">What
are broker non-votes?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Broker
non-votes occur when nominees, such as banks and brokers holding shares on
behalf of beneficial owners, do not receive voting instructions from the
beneficial holders at least ten days before the meeting.&#160;&#160;In general,
the broker or nominee would have the discretion to vote these
shares.&#160;&#160;If you hold your shares in street name, it is critical that
you return the voting instruction card to your broker, bank or nominee if you
want your votes to count in the election of directors.&#160;&#160;In the past,
if you held your shares in street name, and you did not indicate how you wanted
your shares to be voted in the election of directors, your broker, bank or
nominee was allowed to vote those shares on your behalf in the election of
directors as they felt appropriate.&#160;&#160;Recent regulatory changes have
taken away the ability of your broker, bank or nominee to vote your uninstructed
shares in the election of directors on a discretionary basis.&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">Therefore, if you hold your shares in
street name and do not instruct your bank, broker or nominee on how to vote in
the election of directors, your shares will not be voted for any director
nominee or on any other proposal on which your broker does not have
discretionary authority (resulting in a &#8220;broker
non-vote&#8221;).</font>&#160;&#160;With respect to calculating a quorum, broker
non-votes are not counted with respect to any matter for which a broker does not
the discretionary authority to vote.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">What
vote is required to approve the proposal?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Each
nominee must receive an affirmative vote of the majority of the shares present
at the meeting (either in person or by proxy) and entitled to vote.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">What
does it mean if I get more than one proxy card?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">It means
your shares are in more than one account.&#160;&#160;You should vote the shares
on all of your proxy cards.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">How
can I consolidate multiple accounts registered in variations of the same
name?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If you
have multiple accounts, we encourage you to consolidate your accounts by having
all your shares registered in exactly the same name and address.&#160;&#160;You
may do this by contacting our transfer agent, Computershare Trust Corporation,
by phone (303/262-0703) or by mail to 350 Indiana Street, Suite 800, Golden,
Colorado 80401.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">What
if I want to change my vote?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">You can
change your vote on a proposal at any time before the meeting for any reason by
revoking your proxy.&#160;&#160;Proxies may be revoked by:</font></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Filing
      a written notice of revocation, bearing a date later than the proxy date,
      with our secretary at or before the
meeting;</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Properly
      executing a later proxy relating to the same shares;
  or</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Attending
      the meeting and voting in person; however, attendance at the meeting will
      not in and of itself constitute a revocation of a
  proxy.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Any
written notice revoking a proxy should be sent to:&#160;&#160;Secretary, Tandy
Leather Factory, Inc., 1900 SE Loop 820, Fort Worth, Texas
76140-1003.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Where
can I find the voting results of the Annual Meeting?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We plan
to announce preliminary voting results at the meeting and publish final results
in our quarterly report on SEC Form 10-Q for the second quarter of
2010.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">How
can I receive a copy of the annual report?</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We
provide a free copy of our Annual Report on Form 10-K that includes the
financial statements and schedules, but does not include the
exhibits.&#160;&#160;If you would also like the report&#8217;s exhibits, we will
provide copies of the exhibits.&#160;&#160;We may charge a reasonable fee for
providing these exhibits.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In order
to receive this report, you must request a report in writing and mail the
request to Tandy Leather Factory, Inc., 1900 SE Loop 820, Fort Worth, Texas
76140-1003, Attention: Shannon L. Greene, Chief Financial Officer.&#160;&#160;In
addition, information concerning obtaining our complete Form 10-K with exhibits
and other securities filings from the Securities and Exchange Commission and our
website is contained in Item 1 of the enclosed Form 10-K.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">2</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SECURITY
OWNERSHIP OF MANAGEMENT AND CERTAIN BENEFICIAL OWNERS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
following table sets forth information regarding the following as of March 19,
2010:</font></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Beneficial
      owners of more than 5 percent of the outstanding shares of our stock,
      other than our officers and
directors;</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Beneficial
      ownership by our current directors and the named executive officers set
      forth in the Summary Compensation table on page 11;
  and</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 36pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Beneficial
      ownership by all our current directors and executive officers as a
      group.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
percentage of beneficial ownership is calculated on the basis of 10,141,522
shares of our common stock outstanding as of March 19, 2010.&#160;&#160;The
information provided in the table is based on our records, information filed
with the Securities and Exchange Commission and information provide to us,
except where otherwise noted.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Security Ownership of
Certain Beneficial Owners</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td valign="top" width="52%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Name and Address</font></font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Non-Officer and Director Holders of More than
      5%</font></font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
            </td>
            <td valign="top" width="18%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Shares
      beneficially </font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">owned (1)</font></font></div>
            </td>
            <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Percent </font></font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">of Class</font></font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bares
      Capital Management, Inc.</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">221
      W 6<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">th</font>
      Street, Suite 1225, Austin, TX 78701 (2)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,640,372</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15.96%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Wellington
      Management Company, LLP (3)</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">75
      State Street, Boston, MA&#160;&#160;02109</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,269,216</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12.35%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ron
      &amp; Robin Morgan (4)</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7200
      Lake Havasu Court, Arlington, TX&#160;&#160;76016</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,266,375</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12.32%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Nery
      Capital Partners, L.P. (5)</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">263
      Stratford Road, Asheville, NC&#160;&#160;28804</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,060,000</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10.31%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Central
      Square Management LLC (6)</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27475
      Ferry Road, Warrenville, IL&#160;&#160;60555</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">582,610</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5.67%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="18%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="52%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Directors and Executive
      Officers</font></font></div>
            </td>
            <td valign="top" width="18%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Wray
      Thompson(7)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">221,496</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2.15%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Shannon
      L. Greene(8)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">172,411</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1.68%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Jon
      Thompson(9)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">217,413</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2.12%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Mark
      Angus(10)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">31,024</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">*</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">T.
      Field Lange(11)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7,000</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">*</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Joseph
      R. Mannes(12)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">28,000</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">*</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">L.
      Edward Martin III(13)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,000</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">*</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">William
      M. Warren(14)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">63,825</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">*</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="18%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="52%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">All
      Current Directors and Executive Officers as a Group (9
      persons)</font></div>
            </td>
            <td align="right" valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 26.1pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,802,169</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">17.53%</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="52%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="18%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="8%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">*&#160;&#160;Represents
beneficial ownership of less than 1% of our outstanding common
shares.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(1)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">All
      shares of stock are owned beneficially, and such owner has sole voting and
      dispositive power, unless otherwise stated.&#160;&#160;To our knowledge,
      none of these shares have been pledged. The inclusion herein of shares
      listed as beneficially owned does not constitute an admission of
      beneficial ownership.&#160;&#160;In accordance with SEC rules, the amounts
      reflected in this column also include Tandy Leather Factory, Inc. common
      shares subject to options that will vest on or before May 19,
      2010.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(2)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Based
      on a Schedule 13G/A filed by Wellington Management Company, LLP with the
      SEC on February 12, 2010, Wellington Management Company LLP has shared
      voting power over 1,625,509 shares of Tandy Leather Factory, Inc. common
      stock and shared investment power over 14,863 shares of Tandy Leather
      Factory, Inc. common stock.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(3)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Based
      on a Schedule 13G/A filed by Bares Capital Management, Inc. with the SEC
      on February 12, 2010, Bares Capital Management, Inc. has shared voting
      power over 657,016 shares of Tandy Leather Factory, Inc. common stock and
      shared investment power over 1,269,216 shares of Tandy Leather Factory,
      Inc. common stock.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(4)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Ron
      Morgan, former director, and his wife jointly hold 1,266,375 shares
      directly.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(5)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Michael
      A. Nery, one of our directors, is the owner of an investment advisory firm
      that directs the investments of Nery Capital Partners, L.P., which is the
      record holder of the shares
indicated.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(6)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Based
      on a Schedule 13G/A filed by Central Square Management LLC with the SEC on
      January 28, 2010, Central Square Management LLC has shared voting and
      investment power over 582,610 shares of Tandy Leather Factory, Inc. common
      stock.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(7)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Wray
      Thompson, Chairman of the Board, holds 221,496 shares
      directly.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(8)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Shannon
      L. Greene, a director and Chief Financial Officer and Treasurer, holds
      72,411 shares directly and 100,000 shares subject to options that will
      vest on or before March 19, 2010.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(9)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Jon
      Thompson, a director and Chief Executive Office and President, holds
      197,413 shares directly and 20,000 shares subject to options that will
      vest on or before March 19, 2010.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(10)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Mark
      Angus, Senior Vice President, holds 31,024 shares
  directly.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(11)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">T.
      Field Lange, a director, holds 1,000 shares directly and 6,000 shares
      subject to options that will vest on or before March 19,
    2010.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(12)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Joseph
      R. Mannes, a director, holds 16,000 shares directly and 12,000 shares
      subject to options that will vest on or before March 19,
    2010.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(13)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">L.
      Edward Martin, a director, holds 1,000 shares
  directly.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(14)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">William
      M. Warren, Secretary, holds 63,825 shares
  directly.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">3</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">PROPOSAL
ONE:&#160;&#160;ELECTION OF DIRECTORS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">The Board of Directors
Recommends a Vote &#8220;FOR&#8221; All Nominees.</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">All
directors are to be elected at the Annual Meeting to hold office until the next
annual meeting of stockholders and until their successors have been duly elected
and qualified.&#160;&#160;Currently there are seven directors.&#160;&#160;It is
the intention of the persons named in the accompanying form of proxy card to
vote for the election of all seven nominees listed below for election as our
directors unless authority to so vote is withheld.&#160;&#160;All nominees have
indicated their willingness to serve for the ensuing term.&#160;&#160;If any
nominee is unable or declines to serve as a director at the date of the Annual
Meeting, the persons named in the proxy card have the right to use their
discretion to vote for a substitute.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">Wray
Thompson</font>, <font style="FONT-WEIGHT: normal"><font style="FONT-STYLE: normal; FONT-WEIGHT: normal">78,<font style="FONT-STYLE: normal; DISPLAY: inline; FONT-WEIGHT: normal">&#160;</font></font><font style="FONT-STYLE: normal; FONT-WEIGHT: normal"><font style="FONT-STYLE: normal; FONT-WEIGHT: normal">has</font> served as our
Chairman of the Board since June 1993.&#160;&#160;He also served as Chief
Executive Officer from June 1993 to December 2006 and as President from June
1993 to January 2001.&#160;&#160;Mr.&#160;Thompson was one of our
co-founders.</font></font></font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">Shannon L.
Greene</font>, <font style="FONT-STYLE: normal; FONT-WEIGHT: normal">44, has
served as our Chief Financial Officer and Treasurer since May 2000 and as a
director since January 2001.&#160;&#160;From September 1997 to May 2000, Ms.
Greene served as our controller and assistant controller.&#160;&#160;Ms. Greene,
a certified public accountant, is a member of our 401(k) Plan
Committee.&#160;&#160;Her professional affiliations include the American
Institute of Certified Public Accountants, the Texas Society of Certified Public
Accountants, and Financial Executives International.&#160;&#160;She also serves
on the Board of Directors of the U.S. Chamber of Commerce and is a member of the
U.S. Chamber&#8217;s Corporate Leadership Advisory Council.</font></font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">T. Field
Lange</font>, <font style="FONT-STYLE: normal; FONT-WEIGHT: normal">42, has
served as a director of ours since May 2003.&#160;&#160;Mr. Lange, a certified
public accountant, is the president of Lange &amp; Associates, P.C., a public
accounting firm he established in 1996 in Fort Worth, Texas.&#160;&#160;His
professional affiliations include the American Institute of Certified Public
Accountants and the Texas Society of Certified Public
Accountants.</font></font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold">Joseph
R. Mannes</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">,
<font style="FONT-STYLE: normal; FONT-WEIGHT: normal">51, has served as a
</font></font><font style="FONT-STYLE: normal; FONT-WEIGHT: normal">director of
ours since May 1998.&#160; From 2002 to the present, Mr. Mannes serves as Chief
Operating Officer of SAMCO Capital Markets, a Dallas, Texas broker-dealer.&#160;
He also serves as chairman of HiTech Creations, Inc., a Grapevine, Texas
computer game company, and is on the Selection Committtee&#160;of the Halter USX
China Index.&#160;&#160;Mr. Mannes holds a Chartered Financial Analyst
designation.</font></font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold">L.
Edward Martin III, </font><font style="FONT-WEIGHT: normal"><font style="FONT-STYLE: normal"><font style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">43,
has served as a director of ours since January 2007.&#160;&#160;Currently, Mr.
Martin is employed by Buis &amp; Co., a private merchant banking firm. From 2007
to 2008, he was a private investor.&#160; From 2000 to 2007, he served </font>as
the Executive Vice President and Chief Operating Officer of The Dunlap Company,
a private company operating a chain of 40 department stores in 8 states.&#160;
He joined The Dunlap Company in 1998 as Senior Vice President and General
Counsel.&#160; Mr. Martin is a member of the State Bar of Texas.&#160; He also
serves as a Board and Executive Committee Member of the Boys and Girls Clubs of
Greater Fort Worth.</font></font></font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">Michael A.
Nery</font>, <font style="FONT-STYLE: normal; FONT-WEIGHT: normal">37, has
served as a director of ours since December 2003.&#160;&#160;Since September
1999, his investment advisory firm has directed the investments of Nery Capital
Partners, L.P., an investment fund based in Ashville, North
Carolina.&#160;&#160;Mr. Nery also serves on the board of InFocus Corporation, a
manufacturer and distributor of digital projection <font style="FONT-STYLE: normal; FONT-WEIGHT: normal">equipment</font></font><font style="FONT-STYLE: normal; FONT-WEIGHT: normal">.</font></font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-WEIGHT: bold">Jon
Thompson</font>, <font style="FONT-STYLE: normal; FONT-WEIGHT: normal">48, has
served as Chief Executive Officer since July 2009, and President and Chief
Operating Officer since June 2008.&#160;&#160;He served as Senior Vice President
from June 1993 to June 2008.&#160;&#160;Mr. Thompson is the son of Wray
Thompson, Chairman of the Board.</font></font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal">The
information relating to the occupations and security holdings of our directors
is based upon information received from them.</font></div><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ADDITIONAL
INFORMATION CONCERNING OUR BOARD OF DIRECTORS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Meeting
Attendance</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">During
fiscal 2010, the board of directors held five meetings.&#160;&#160;All current
directors who served during 2009 attended 75% or more of the aggregate of the
total number of meetings of the board of directors and of committees of the
board of which he or she was a member.&#160;&#160;Although we do not have a
formal policy regarding director attendance at our Annual Meeting, all directors
are expected to attend the meeting and in 2009, all directors were in
attendance.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Director
Independence</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The board
of directors has considered the listing requirements of the NYSE Amex for
"independence" of directors, and it has determined that T. Field Lange, Joseph
R. Mannes, L. Edward Martin III and Michael A. Nery, our non-employee directors,
are independent.&#160;&#160;Our independent directors hold executive sessions at
least once a year.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Director
Compensation</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Non-employee
directors receive $1,500 for each board meeting attended in person and $500 for
each board meeting attended via telephone.&#160;&#160;The audit committee
receives $1,000 for each committee meeting attended, with the exception of the
committee chairman who receives $1,500 for each committee meeting
attended.&#160;&#160;The compensation and nominating committees receive $500 for
each committee meeting attended, with the exception of committee chairmen who
received $750 for each committee meeting attended.&#160;&#160;We entered into a
consulting agreement with Wray Thompson effective January 1, 2010, pursuant to
which we pay Mr. Thompson $25,000 per year for serving as our Chairman of the
Board.&#160;&#160;Our 2007 Director Non-Qualified Stock Option Plan was approved
by stockholders at our 2007 annual meeting.&#160;&#160;However, no options have
been granted as the S-8 has not been filed with the Securities and Exchange
Commission yet.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2009
DIRECTOR COMPENSATION TABLE</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The table
below summarizes the compensation paid by us to our non-employee directors
during the year ended December 31, 2009.&#160;&#160;Our directors who are also
employees (and Wray Thompson, who serves us as a consultant) receive no
additional compensation for serving as directors.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td align="left" valign="top" width="25%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Name</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Fees
      Earned or Paid in Cash ($)</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Total</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">($)</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Joseph
      R. Mannes</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$17,500</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$17,500</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="25%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">T.
      Field Lange</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,500</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,500</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Michael
      A. Nery</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;15,000</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,000</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="25%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">L.
      Edward Martin III</font></div>
            </td>
            <td valign="top" width="13%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;12,500</font></div>
            </td>
            <td valign="top" width="8%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12,500</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Our
stockholders approved our 2007 Director Non-Qualified Stock Option Plan at the
2007 annual meeting.&#160;&#160;We plan to issue options to acquire 3,000 shares
of our common stock to each of our independent directors each year beginning in
2010.&#160;&#160;We have not issued any options to our independent directors as
we have not yet registered the shares reserved for issuance under the plan with
the Securities and Exchange Commission.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">4</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">COMMITTEES
OF THE BOARD</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">As of the
date of this proxy statement, our board has four committees:&#160;&#160;(1)
Audit, (2) Compensation, (3) Nominating, and (4) 2007 Director Non-Qualified
Stock Option Plan Committee.&#160;&#160;The membership during the last fiscal
year and the function of each committee are described below.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td valign="top" width="26%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline">Name of Director</font></font></div>
            </td>
            <td valign="top" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline">Audit</font></font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline">Compensation</font></font></div>
            </td>
            <td valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline">Nominating</font></font></div>
            </td>
            <td valign="top" width="22%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2007
      Director Non-Qualified <font style="DISPLAY: inline">Stock Option
      Plan</font></font></div>
            </td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Non-Employee
      Directors:</font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="22%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">T.
      Field Lange</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="12%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">C</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">C</font></div>
            </td>
            <td valign="top" width="22%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Joseph
      R. Mannes</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">C</font></div>
            </td>
            <td valign="top" width="12%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="22%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">L.
      Edward Martin, III</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="12%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="22%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Michael
      A. Nery</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="12%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
            <td valign="top" width="22%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Employee
      Directors:</font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="22%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Shannon
      L. Greene</font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="22%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Jon
      Thompson</font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="22%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">X</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Wray
      Thompson (1)</font></div>
            </td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="22%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">C</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="26%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="7%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="22%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="26%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Number
      of Meetings in Fiscal 2009</font></div>
            </td>
            <td valign="top" width="7%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4</font></div>
            </td>
            <td valign="top" width="12%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2</font></div>
            </td>
            <td valign="top" width="10%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1</font></div>
            </td>
            <td valign="top" width="22%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">0</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 31.5pt"></font>_________________</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 31.5pt"></font>X = Committee member; C = Committee
Chairman</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(1)&#160;&#160;We
treat Wray Thompson as an employee director for the purposes of his compensation
as a director although he resigned as our CEO and as an employee effective
December 31, 2006.&#160;&#160;He continues to serve as our Chairman of the Board
under a consulting arrangement pursuant to which we pay Mr. Thompson $25,000 per
year.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font><br>&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Nominating
Committee</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We have a
nominating committee consisting of four directors, all of whom are "independent"
under the NYSE Amex rules.&#160;&#160;The committee met once during
2009.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The board
of directors has adopted a written charter for the Nominating Committee, which
is available on our website at
www.tandyleatherfactory.com.&#160;&#160;&#160;This charter provides that the
Nominating Committee is responsible for identifying individuals qualified to
become directors consistent with criteria established by the board of
directors.&#160;&#160;Although the board of directors has not yet established
these criteria, the charter also provides that the Nominating Committee shall
take into account such additional factors as it deems appropriate in evaluating
candidates.&#160;&#160;These factors may include strength of character, mature
judgment, career specialization, relevant technical skills, diversity and the
extent to which a candidate would fill a present need on the
board.&#160;&#160;In addition, the charter states that the committee will
consider stockholder recommendations of director nominees, as well as
nominations by our senior officers.&#160;&#160;The committee plans to evaluate
all director nominees in a like manner without regard as to who recommended the
nomination.&#160;&#160;Traditionally, we have not engaged third parties to
identify or evaluate potential directors or to assist in that
process.&#160;&#160;In addition, the Nominating Committee makes a review and
evaluation at least annually of the board of directors and the committee's own
performance.&#160;&#160;Further, the committee recommends persons to serve on
the committee as members, as well as the possible removal of any incumbent
committee members.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Stockholders
may nominate director nominees for consideration by writing to our corporate
secretary at 1900 Southeast Loop 820, Fort Worth,
Texas&#160;&#160;76140.&#160;&#160;Any such nomination must
include:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">As
      to each person whom the stockholder proposes to nominate for election or
      re-election as a director, all information relating to such person that is
      required to be disclosed in solicitations of proxies for election of
      directors, or as otherwise required, in each case pursuant to Regulation
      14A under the Securities Exchange Act of 1934, as amended, or any
      successor regulation thereto (including such person&#8217;s written consent to
      being named in the proxy statement as a nominee and to serving as a
      director if elected); and</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
      nominating stockholder&#8217;s name and address, as they appear on our books,
      and the class and number of our shares beneficially owned by
      him.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
Nominating Committee recommended to the board of directors that all seven
director nominees listed in this Proxy Statement serve as directors for a term
ending on the date of the 2011 Annual Meeting of Stockholders.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
Nominating Committee will consider nominees for directors recommended by our
stockholders and will evaluate such nominees using the same criteria used to
evaluate director candidates as described above.&#160;&#160;In order to be
considered by the Nominating Committee with respect to nominees for the 2011
Annual Meeting of Stockholders, prospective nominee recommendations must be
received by the corporate secretary no later than 30 days and no earlier than 60
days before such meeting.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Audit
Committee</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Audit
Committee&#8217;s basic role is to assist the board in fulfilling its fiduciary
responsibility pertaining to our accounting policies and reporting
practices.&#160;&#160;Among other duties, the Audit Committee is to be the
board's principal agent in assuring the independence of our outside auditor, the
integrity of management, and the adequacy of disclosures to
stockholders.&#160;&#160;The board has determined that all members of the Audit
Committee are "independent" under the applicable rules of the NYSE Amex and that
Joseph R. Mannes, chairman of the Audit Committee in 2008 and 2009, and T. Field
Lange, committee member, both qualify as an "audit committee financial expert"
within the meaning of Item 407(d)(5) of Regulation S-K.&#160;&#160;The board of
directors has adopted a written charter for the Audit Committee, which is
available on our website at www.tandyleatherfactory.com.&#160;&#160;The
committee met four times during 2009.&#160;&#160;&#160;The Report of the Audit
Committee for the fiscal year ended December 31, 2009 appears
below.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt">Our Audit Committee selected Weaver LLP
to serve as our independent public accountant for the years ended December 31,
2008</font> <font style="DISPLAY: inline; FONT-SIZE: 10pt">and 2009, as well as
for the first three quarters of 2010.&#160;&#160;A representative of Weaver is
expected to attend our annual meeting.&#160;&#160;The representative will have
the opportunity to make a statement at the meeting and respond to appropriate
questions from you, our stockholders.&#160;&#160;Our Audit Committee has not
named the independent public accounting firm that will serve as outside auditor
for 2010.&#160;&#160;The Audit Committee expects to select the independent
auditors to audit our annual financial statements for 2010 during the next few
months, as part of the Audit Committee&#8217;s normal selection
process.</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Audit Fees</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Weaver
LLP performed the audits of our 2008 and 2009 financial statements, as well as
the reviews of our Forms 10-Q for the same periods.&#160;&#160;The amounts shown
below are the aggregate amounts paid to Weaver LLC during 2008 and 2009 for
services in the categories indicated.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td valign="top" width="18%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Types of Fees</font></font></div>
            </td>
            <td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">2008</font></font></div>
            </td>
            <td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">2009</font></font></div>
            </td>
          </tr><tr>
            <td valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Audit
      fees</font></div>
            </td>
            <td align="right" valign="top" width="11%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$80,500</font></div>
            </td>
            <td align="right" valign="top" width="11%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$84,500</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Audit-related
      fees</font></div>
            </td>
            <td align="right" valign="top" width="11%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="11%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">400</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Tax
      fees</font></div>
            </td>
            <td align="right" valign="top" width="11%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="11%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">All
      other fees</font></div>
            </td>
            <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="18%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total</font></div>
            </td>
            <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 4px double">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$80,500</font></div>
            </td>
            <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 4px double">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$84,900</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In
accordance with the charter of our Audit Committee as in effect at the relevant
times and the rules of the SEC, the Audit Committee approved all of the fees
indicated above before the services were provided.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">5</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Report of the Audit
Committee</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">As
members of the Audit Committee, we oversee the company's financial reporting
process on behalf of our board of directors.&#160;&#160;Management is
responsible for the preparation, presentation, and integrity of our financial
statements, accounting and financial reporting principles, internal controls,
and procedures designed to ensure compliance with accounting standards,
applicable laws, and regulations.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">During
2009, we analyzed the service provided by and associated costs of our external
auditing firm.&#160;&#160;As a result, we recommended and the board approved the
appointment of Weaver LLP as independent auditors for the year ended December
31, 2009.&#160;&#160;Our auditors are responsible for performing an independent
audit of the consolidated financial statements and expressing an opinion on the
conformity of those audited financial statements with accounting principles
generally accepted in the United States.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Audit
Committee has reviewed and discussed our audited financial statements for the
year ended December 31, 2009 with our management and has discussed with Weaver
LLP the matters required to be discussed by Statement on Auditing Standards
Board Standard No. 61, as amended, &#8220;<font style="FONT-STYLE: italic; DISPLAY: inline">Communication with Audit
Committees.</font>&#8221;&#160;&#160;In addition, Weaver LLP has provided the audit
committee with the written disclosures and the letter required by Independence
Standards Board Standards No. 1, &#8220;<font style="FONT-STYLE: italic; DISPLAY: inline">Independence Discussions with Audit
Committees,</font>&#8221; and the audit committee has discussed with Weaver, LLP their
independence from Tandy Leather Factory, Inc. and our management.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Based on
these reviews and discussions, the audit committee recommended to the board of
directors that the audited financial statements be included in our Annual Report
on Form 10-K for the year ended December 31, 2009, for filing with the
Securities and Exchange Commission.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
foregoing report was submitted by the Audit Committee and shall not be deemed to
be &#8220;soliciting material&#8221; or to be &#8220;filed&#8221; with the SEC or subject to Regulation
14A promulgated by the SEC or Section 18 of the Exchange Act.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 216pt">&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;</font>&#160;AUDIT
COMMITTEE:</font></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
              <td valign="top" width="48%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="38%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">JOSEPH
      R. MANNES, <font style="FONT-STYLE: italic; DISPLAY: inline">Chairman</font></font></div>
              </td>
            </tr><tr>
              <td valign="top" width="48%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="38%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">T.
      FIELD LANGE</font></div>
              </td>
            </tr><tr>
              <td valign="top" width="48%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="38%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">MICHAEL
      A. NERY</font></div>
              </td>
            </tr><tr>
              <td valign="top" width="48%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="38%">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">L.
      EDWARD MARTIN, III</font></div>
              </td>
            </tr></table>
      </div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">*****************************</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">COMPENSATION
DISCUSSION AND ANALYSIS</font></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
primary focus of our executive compensation programs is to improve our
performance year over year and over a longer-term period.&#160;&#160;The
compensation programs were designed to provide the tools necessary to hire
executives with the skills needed to manage the company to meet these goals and
to retain them over the long-term.&#160;&#160;In developing the programs, a key
consideration was to have plans that were easy to understand and administer,
while being competitive with companies of similar size and
philosophy.&#160;&#160;Over the past several years, management and the
Compensation Committee have worked to refine the compensation programs used to
ensure that they support these goals and our ongoing business
objectives.&#160;&#160;Our philosophy has been to reward team performance,
measured by our overall results.&#160;&#160;Each executive officer&#8217;s
compensation is linked to their individual contribution toward increases in the
size of our operations, our income, and increases in stockholder
value.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Compensation
Committee</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
Compensation Committee is responsible for recommending to the board of directors
the compensation program of the executive officers.&#160;&#160;The committee
submits all issues concerning executive compensation to the full board of
directors for approval.&#160;&#160;It may not delegate this
authority.&#160;&#160;This committee does not review or approve stock option
grants.&#160;&#160;The board of directors has adopted a written charter for the
Compensation Committee, which is available on our website at
www.tandyleatherfactory.com.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font><br>&#160;</div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">Comp</font>ensation for
our executive officers consists of the following components:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Base
      salary;</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Annual
      incentive bonus;</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Long-term
      incentives in the form of stock option grants;
  and</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 54pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Retirement
      and other benefits.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Each of
these elements of pay is described below.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Base Salary</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Base
salaries are intended to reward our executive officers based upon their roles
within the company and for their performance in those roles.&#160;&#160;Base
salaries are established when an executive officer is hired, based on prior
experience and compared to salaries for comparable positions in other
companies.&#160;&#160;Base salaries are generally increased annually assuming
our financial performance is satisfactory.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Bonuses</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Historically,
we award discretionary bonuses to our executive officers as well as certain
other employees.&#160;&#160;We determine these bonuses on a subjective basis,
considering prior bonus amounts awarded, business prospects for the upcoming
year, and the improvement in our net income for the year in
question.&#160;&#160;The Compensation Committee determines the bonuses awarded
to the executive officers, while the executive officers determine bonuses
awarded to non-officer employees.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Stock
options</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Our
employee stock option plan expired in September 2005.&#160;&#160;Prior to the
plan&#8217;s expiration, stock options were used to promote an ongoing focus on
improvements in our total return to stockholders, by ensuring that, over time, a
portion of each executive officer&#8217;s total wealth opportunities would be
dependent upon this return.&#160;&#160;Ms. Greene, Mr. Jon Thompson, and Mr.
Angus were the only executive officers eligible for stock option grants as our
stock option plan specifically prohibited grants of stock options to Mr. Wray
Thompson.&#160;&#160;With the recent change in accounting for stock options
(SFAS 123R), we do not intend to establish a new stock option plan for
employees.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-STYLE: italic; DISPLAY: inline">Retirement and other
benefits</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Our
benefits program includes retirement plans and group insurance
plans.&#160;&#160;The objective of the program is to provide executive officers
with reasonable and competitive levels of protection against the four
contingencies (retirement, death, disability and ill health) that could
interrupt the executive officer&#8217;s employment and/or income received as an active
employee.&#160;&#160;Our retirement plans are designed to provide a competitive
level of retirement income to our executive officers and to reward them for
continued service with the company.&#160;&#160;The retirement program for
executive officers consists of a tax-qualified 401(k) Plan that covers all
full-time employees.&#160;&#160;The group insurance program consists of life and
health insurance benefits plans that cover all full-time employees.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Certain
executive officers have roles in the compensation process as
follows:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Our CEO
generally makes recommendations to the Compensation Committee regarding salary
increases and annual bonus awards for other executive officers during the
regular merit process.&#160;&#160;Other executive officers, at the request of
the committee, provide data about past practices, awards, costs and
participation in various plans, as well as information about the Company&#8217;s
annual and longer-term goals&#160;&#160;When requested by the Committee,
selected executive officers may also participate in discussions with the
Committee regarding plan design and structure and provide a perspective to the
Committee on how these recommendations may affect recruitment, retention and
motivation of our employees.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Compensation
Committee Interlocks and Insider Participation</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">None of
the Committee members was an officer or former officer of ours, nor was any
Committee member a party to any material transaction or relationship with us
during the past year.&#160;&#160;In addition, none of our executive officers
served as a member of the compensation or similar committee or board of
directors of any other entity of which an executive officer served on our
Compensation Committee or our board of directors.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">6</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Report of the Compensation
Committee</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
Compensation Committee has reviewed and discussed the foregoing Compensation
Discussion and Analysis (&#8220;CD&amp;A&#8221;) with management and, based on such review
and discussion, recommended to the board of directors that the CD&amp;A be
included in Tandy Leather Factory&#8217;s Form 10-K and Proxy Statement.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><br></font>

      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
foregoing report was submitted by the Compensation Committee and shall not be
deemed to be &#8220;soliciting material&#8221; or to be &#8220;filed&#8221; with the SEC or subject to
Regulation 14A promulgated by the SEC or Section 18 of the Exchange
Act.</font></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 252pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;COMPENSATION
COMMITTEE:</font></div>
      <div align="left">
        <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
              <td valign="top" width="48%" style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px; BORDER-TOP: medium none"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="36%" style="BORDER-TOP: medium none; BORDER-RIGHT: medium none">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">T.
      FIELD LANGE, <font style="FONT-STYLE: italic; DISPLAY: inline">Chairman</font></font></div>
              </td>
            </tr><tr>
              <td valign="top" width="48%" style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="36%" style="BORDER-RIGHT: medium none">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">JOSEPH
      R. MANNES</font></div>
              </td>
            </tr><tr>
              <td valign="top" width="48%" style="BORDER-LEFT: medium none; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="36%" style="BORDER-RIGHT: medium none">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">MICHAEL
      A. NERY</font></div>
              </td>
            </tr><tr>
              <td valign="top" width="48%" style="BORDER-BOTTOM: 4px; BORDER-LEFT: medium none; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
              <td valign="top" width="36%" style="BORDER-BOTTOM: 4px; BORDER-RIGHT: medium none">
                <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">L.
      EDWARD MARTIN, III</font></div>
              </td>
            </tr></table>
      </div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
      <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">*****************************</font></div>
      <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">&#160;</div>
        <div id="HDR">&#160;</div>
      </div>
    </div>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">COMPENSATION
TABLES AND OTHER INFORMATION</font></div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
following table includes information concerning annual and other compensation
paid to our Chief Executive Officer, Chief Financial Officer and our four most
highly compensated executive officers other than the Chief Executive Officer and
the Chief Financial Officer for the years ended December 31, 2009, 2008 and
2007.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">SUMMARY COMPENSATION
TABLE</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 2px solid; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Name
      and Principal Position</font></div>
            </td>
            <td valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Year</font></div>
            </td>
            <td valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Salary
      ($)</font></div>
            </td>
            <td valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bonus
      ($)</font></div>
            </td>
            <td valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Option
      </font><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Awards&#160;</font><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;($)(2)</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">All
      Other Compensation ($) (1)</font></div>
            </td>
            <td valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total
      </font><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">($)</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Wray
      Thompson, Chairman of the Board (3)</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2009</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2008</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2007</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$25,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$50,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$100,000</font></div>
            </td>
            <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$25,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;$50,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$100,000</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Mark
      Angus, Senior Vice President</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2009</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2008</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2007</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$125,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$100,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$100,000</font></div>
            </td>
            <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$50,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$30,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$30,000</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$2,981</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$2,561</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$2,668</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$177,981</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$132,561</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$132,668</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Shannon
      L. Greene, Chief Financial Officer &amp; Treasurer</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2009</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2008</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2007</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;$140,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$120,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$120,000</font></div>
            </td>
            <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$50,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$40,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$11,650</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$11,650</font></div>
            </td>
            <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;$3,485</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$2,469</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$2.645</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$193,485</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$174,119</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$134,295</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Jon
      Thompson, Chief Executive Officer, President and Chief Operating
      Officer</font></div>
            </td>
            <td align="right" valign="top" width="8%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2009</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2008</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2007</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$170,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$110,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$110,000</font></div>
            </td>
            <td align="right" valign="top" width="11%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$50,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$30,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$30,000</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td align="right" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$3,454</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$2758</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$2,668</font></div>
            </td>
            <td align="right" valign="top" width="9%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$223,454</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$142,758</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$142,668</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 18pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(1)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
      amounts in this column represent the 401(k) plan company matching
      contribution for the named
individuals.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 18pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(2)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
      amounts in this column reflect the dollar amount recognized for financial
      statement reporting purposes for the fiscal year ended December 31, 2009,
      in accordance with U.S. GAAP, of awards pursuant to the 1995 Stock Option
      Plan.&#160;&#160;Assumptions used in the calculation of this amount for
      fiscal year ended December 31, 2009 are included in footnote 1 to our
      audited financial statements for the fiscal year ended December 31, 2009,
      included in our Annual Report on Form 10-K filed with the Securities and
      Exchange Commission on March 26,
2010.</font></div>
            </td>
          </tr></table>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 18pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(3)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Mr.
      Thompson serves as our Chairman of the Board.&#160;&#160;In January 2008,
      we entered into a one year consulting agreement with Mr. Thompson for his
      service as Chairman, according to which we agreed to pay him $50,000 for
      the 2008 fiscal year.&#160;&#160;For each of the years 2009 and 2010, we
      have entered into one-year consulting agreements with Mr. Thompson
      pursuant to which we agreed to pay Mr. Thompson $25,000 each year for his
      continued service as our Chairman of the
Board.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We made
no grants of plan-based awards to any of our named executive officers during the
year ended December 31, 2009.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
following table provides information about outstanding equity awards at December
31, 2009 for each of the named executive officers:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">OUTSTANDING EQUITY AWARDS AT
2009 FISCAL YEAR-END</font></font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr bgcolor="#cceeff">
            <td align="left" valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></div>
            </td>
            <td colspan="4" valign="top" width="57%" style="BORDER-BOTTOM: black 2px solid; BORDER-TOP: #000000 1pt solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Option
      Awards</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Name</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Number
      of Securities</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Underlying
      Unexercised</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Options&#160;&#160;(#)
      Exercisable</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Number
      of Securities</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Underlying
      Unexercised</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Options
      (#) Unexercisable</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Option</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Exercise
      Price ($)</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Option</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Expiration
      Date</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Wray
      Thompson, Chairman of the Board</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Mark
      Angus, Senior Vice President</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Shannon
      L. Greene,</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Chief
      Financial Officer &amp; Treasurer</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">60,000</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">25,000</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$0.9375</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$1.35</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$4.24</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">09/13/2010</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">05/24/2011</font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">09/16/2013</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Jon
      Thompson, Chief Executive Officer, President and Chief Operating
      Officer</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">20,000</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$1.35</font></div>
            </td>
            <td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">05/24/2011</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
following table summarizes the options exercised during the year ended December
31, 2009 for each of the named executive officers:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr bgcolor="#cceeff">
            <td align="left" colspan="2" valign="top" width="50%" style="BORDER-BOTTOM: black 2px solid; BORDER-TOP: black 0.5pt solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Name</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid; BORDER-TOP: black 0.5pt solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Number
      of Shares Acquired on Exercise(#)</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid; BORDER-TOP: black 0.5pt solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Value
      Realized </font><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">on
      Exercise </font><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">($)(1)</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" colspan="2" valign="top" width="50%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Wray
      Thompson, Chairman of the Board</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" colspan="2" valign="top" width="50%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Mark
      Angus, Senior Vice President</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" colspan="2" valign="top" width="50%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Shannon
      L. Greene, Chief Financial Officer &amp; Treasurer</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">25,000</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$24,063</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" colspan="2" valign="top" width="50%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Jon
      Thompson, President and Chief Operating Officer</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
            <td valign="top" width="15%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">n/a</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td align="right" style="WIDTH: 27pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(1)&#160;&#160;</font></div>
            </td>
            <td>
              <div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Represents
      the difference between the closing price of the common stock on the NYSE
      Amex on the exercise date and the option exercise price multiplied by the
      number of shares exercised.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">RELATIONSHIPS
AND TRANSACTIONS WITH RELATED PERSONS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Since the
beginning of our last fiscal year, there have been no transactions, and there is
no currently proposed transaction, in which we were or are to be a participant
and the amount involved exceeds $120,000, and in which any related person, as
defined under the Securities Act of 1933, as amended, had or will have a direct
or indirect material interest. Such related persons include our directors and
executive officers, nominees for director and their immediate family
members.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">7</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SECTION
16(<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">a</font>)
BENEFICIAL OWNERSHIP REPORTING COMPLIANCE</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Sections
16(a) of the Securities Exchange Act of 1934, as amended, requires our
directors, executive officers and holders of more than 10% of our common stock
to file reports regarding their ownerships and changes in ownership of our
securities with the Securities and Exchange Commission.&#160;&#160;Based solely
on a review of the copies of such reports furnished to us with respect to fiscal
2009 and written representations from our directors and executive officers, we
believe that, during fiscal 2009, our directors, executive officers and 10%
stockholders complied with all Section 16(a) filing requirements.&#160;&#160;Our
disclosure on this topic is based solely on review of the information provided
to us by persons subject to these requirements.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">EQUITY
COMPENSATION PLANS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
following table sets forth information regarding our equity compensation plans
(including individual compensation arrangements) that authorize the issuance of
shares of our common stock.&#160;&#160;The information is aggregated in two
categories:&#160;&#160;plans previously approved by our stockholders and plans
not approved by our stockholders.&#160;&#160;The table includes information for
officers, directors, employees and non-employees.&#160;&#160;All information is
as of December 31, 2009.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr bgcolor="#cceeff">
            <td valign="top" width="20%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Plan
      Category</font></div>
            </td>
            <td valign="top" width="20%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Column (a)</font></font></div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Number
      of Securities </font></div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">to
      be issued upon exercise </font></div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">of
      outstanding options, warrants and rights</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Column (b)</font></font></div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Weighted-average
      </font><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">exercise
      price </font></div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">of
      </font><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">outstanding
      options, </font></div>
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">warrants
      and rights</font></div>
            </td>
            <td valign="top" width="28%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline">Column (c)</font></font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Number
      of securities remaining available for future </font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">issuance
      under equity compensation plans </font></div>
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(excluding
      securities reflected in Column (a)</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td align="left" valign="top" width="20%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Equity
      compensation plans approved by stockholders</font></div>
            </td>
            <td valign="top" width="20%" style="TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">197,700</font></div>
            </td>
            <td valign="top" width="17%" style="TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2.33</font></div>
            </td>
            <td valign="top" width="28%" style="TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">100,000</font></div>
            </td>
          </tr><tr bgcolor="#cceeff">
            <td align="left" valign="top" width="20%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Equity
      compensation plans not approved by stockholders</font></div>
            </td>
            <td valign="top" width="20%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
            <td valign="top" width="28%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: center">
              <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</font></div>
            </td>
          </tr><tr bgcolor="white">
            <td valign="top" width="20%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">TOTAL</font></div>
            </td>
            <td valign="top" width="20%" style="BORDER-BOTTOM: black 4px double">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">197,700</font></div>
            </td>
            <td valign="top" width="17%" style="BORDER-BOTTOM: black 4px double">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$2.33</font></div>
            </td>
            <td valign="top" width="28%" style="BORDER-BOTTOM: black 4px double">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -0.35pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">100,000</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">OTHER
MATTERS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Solicitation
of Proxies</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We will
pay for the cost of soliciting proxies.&#160;&#160;Our directors, officers and
employees may solicit proxies.&#160;&#160;They will not be paid for soliciting
the proxies but may be reimbursed for out-of-pocket expenses related to the
proxy solicitation.&#160;&#160;Proxies may be solicited in person, by mail, by
telephone, by telegram or other means of communication.&#160;&#160;We will make
arrangements with custodians, nominees and fiduciaries in order to forward proxy
solicitation materials to beneficial owners of common stock.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Stockholder
Proposals for 2011</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If you
wish to present a proposal for consideration at an annual meeting, you must send
written notice of the proposal to our corporate secretary not less than ten days
before such annual meeting.&#160;&#160;We have not received notice of any
stockholder proposals to be presented at this year&#8217;s meeting.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If you
would like your proposal to be included in next year&#8217;s proxy statement, you must
submit the proposal to our corporate secretary by no later than December 15,
2010.&#160;&#160;We will include your proposal in our next annual proxy
statement if it is a proposal that we would be required to include pursuant to
the rules of the Securities and Exchange Commission.&#160;&#160;You may write to
our corporate secretary at 1900 Southeast Loop 820, Fort Worth, Texas 76140 to
present a proposal for consideration.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If a
stockholder raises a matter at the meeting that requires a stockholder vote, the
person to whom you have given your proxy will use his or her discretion to vote
on the matter on your behalf.&#160;&#160;According to our by-laws, any proposal
properly raised at the meeting by a stockholder will require the affirmative
vote of a majority of the shares deemed present at the meeting, whether in
person or by proxy unless a higher approval threshold is required by applicable
law.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Stockholder
Communications with Board</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Stockholders
who wish to communicate with the Chairman or with the independent directors as a
group may do so by writing to the corporate secretary at Tandy Leather Factory,
Inc., 1900 Southeast Loop 820, Fort Worth, Texas 76140.&#160;&#160;The corporate
secretary will forward your communication to the independent directors or
Chairman as requested by the stockholder.&#160;&#160;All appropriate
communications addressed to directors will be reviewed by the corporate
secretary.&#160;&#160;Because other appropriate avenues of communication exist
for matters that are not of stockholder interest, such as general business
complaints or employee grievances, communications that do not relate to matters
of stockholder interest will not be forwarded to the board.&#160;&#160;The
corporate secretary has the option, but not the obligation, to forward these
other communications to appropriate channels within the company.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Householding
of Annual Meeting Materials</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The SEC
has adopted rules that permit companies and intermediaries such as brokers to
satisfy delivery requirements for proxy statements with respect to two or more
stockholders sharing the same address by delivering a single proxy statement
addressed those stockholders.&#160;&#160;This process, which is commonly
referred to as &#8220;householding&#8221;, potentially provides extra convenience for
stockholders and cost savings for companies.&#160;&#160;We and some brokers
household proxy materials, delivering a single proxy statement to multiple
stockholders sharing an address unless contrary instructions have been received
from the affected stockholders.&#160;&#160;Once you have received notice from
your broker or us that they or we will be householding materials to your
address, householding will continue until you are notified otherwise or until
you revoke your consent.&#160;&#160;If, at any time, you no longer wish to
participate in householding and would prefer to receive d a separate Proxy
Statement, or if you are receiving multiples copies of the Proxy Statement and
wish to receive only one, please notify your broker if your shares are held in a
brokerage account or us if you hold registered shares.&#160;&#160;You can notify
us by sending a written request addressed to Investor Relations Department,
Tandy Leather Factory, Inc., 1900 Southeast Loop 820, Fort Worth, Texas 76140,
by calling Investor Relations at 817-872-3200, or by sending an e-mail to
Investor Relations at <font style="DISPLAY: inline; TEXT-DECORATION: underline">sgreene@tandyleather.com</font>.&#160;&#160;We
will deliver promptly, upon written or oral request, a separate copy of the
Proxy Statement to a registered stockholder at a shared address to which a
single copy of the document was delivered.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">General
Information</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">A COPY OF
FORM 10-K AS FILED WITH THE SEC WILL BE SENT TO ANY STOCKHOLDER WITHOUT CHARGE
UPON WRITTEN REQUEST ADDRESSED TO SHANNON L. GREENE, CFO, TANDY LEATHER FACTORY,
INC., 1900 SOUTHEAST LOOP 820, FORT WORTH, TEXAS 76140.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Management
knows of no other business which may be properly brought before the Annual
Meeting of Stockholders.&#160;&#160;However if any other matters shall properly
come before such meeting, it is the intention of the persons named in the
enclosed Proxy to vote such Proxy in accordance with their best judgment on such
matters.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">IT IS
IMPORTANT THAT PROXIES BE RETURNED PROMPTLY.&#160;&#160;THEREFORE, WHETHER OR
NOT YOU EXPECT TO ATTEND THE MEETING IN PERSON, YOU ARE URGED TO FILL IN, SIGN
AND RETURN THE PROXY IN THE ENCLOSED ENVELOPE, OR TO VOTE ELECTRONICALLY AS
DESCRIBED ON PAGE 1 OF THIS PROXY STATEMENT.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">IT IS
IMPORTANT THAT PROXIES BE RETURNED PROMPTLY.&#160;&#160;THEREFORE, WHETHER OR
NOT YOU EXPECT TO ATTEND THE MEETING IN PERSON, YOU ARE URGED TO FILL IN, SIGN
AND RETURN THE PROXY IN THE ENCLOSED ENVELOPE, OR TO VOTE ELECTRONICALLY AS
DESCRIBED ON PAGE 1 OF THIS PROXY STATEMENT.</font></div><br>
    <div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
        <div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">8</font></div>
        <div style="TEXT-ALIGN: center; WIDTH: 100%">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160;
</font></div>
      </div>
    </div><br>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">PROXY
CARD</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -18pt" align="center"><img src="talefalogo_rgbhalf.jpg" alt=""></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">TANDY
LEATHER FACTORY, INC.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">THIS
PROXY IS SOLICITED BY THE BOARD OF DIRECTORS</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">FOR
THE ANNUAL MEETING ON MAY 18, 2010</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
undersigned hereby appoint(s) Mark J. Angus and William M. Warren, and each of
them, proxies or proxy of the undersigned with full power of substitution and
revocation, to act and vote all of the undersigned's shares of Tandy Leather
Factory, Inc. common stock, with all the powers that the undersigned would
possess if personally present, at the Annual Meeting of Stockholders of Tandy
Leather Factory, Inc. at Fort Worth, Texas on May 18, 2010, or any resumption of
the Annual Meeting after any adjournment thereof, as indicated on this proxy,
and in their discretion on any other matters which may properly come before the
meeting.&#160;&#160;If no directions are given, this proxy will be voted &#8220;FOR&#8221;
Item 1.</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -18pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">THE
BOARD OF DIRECTORS RECOMMENDS A VOTE &#8220;FOR&#8221; THE FOLLOWING PROPOSAL:</font></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td valign="top" width="31%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -18pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1.
      Election of seven directors.</font></div>
            </td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="31%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline">For</font></font></div>
            </td>
            <td valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline">Against</font></font></div>
            </td>
            <td valign="top" width="10%" style="BORDER-BOTTOM: black 2px solid">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline">Abstain</font></font></div>
            </td>
          </tr><tr>
            <td valign="top" width="31%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 18pt; MARGIN-RIGHT: -18pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">NOMINEES:</font></div>
            </td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td valign="top" width="31%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: -18pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Shannon
      L. Greene</font></div>
            </td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
          </tr><tr>
            <td valign="top" width="31%" style="TEXT-ALIGN: left">
              <div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: -18pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">T.
      Field Lange</font></div>
            </td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
          </tr><tr>
            <td valign="top" width="31%" style="TEXT-ALIGN: left">
              <div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: -18pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Joseph
      R. Mannes</font></div>
            </td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
          </tr><tr>
            <td valign="top" width="31%" style="TEXT-ALIGN: left">
              <div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: -18pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">L.
      Edward Martin III</font></div>
            </td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
          </tr><tr>
            <td valign="top" width="31%" style="TEXT-ALIGN: left">
              <div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: -18pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Michael
      A. Nery</font></div>
            </td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
          </tr><tr>
            <td valign="top" width="31%" style="TEXT-ALIGN: left">
              <div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: -18pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Jon
      Thompson</font></div>
            </td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
          </tr><tr>
            <td valign="top" width="31%" style="TEXT-ALIGN: left">
              <div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: -18pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Wray
      Thompson</font></div>
            </td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            <td valign="top" width="10%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;&#160;&#160;
      <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 9pt; MARGIN-RIGHT: -18pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font><br>&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td valign="top" width="63%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td align="left" valign="top" width="20%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Mark
      here for</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="63%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td align="left" valign="top" width="20%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">address
      change&#160;&#160;[&#160;&#160;&#160;]</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="63%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td align="left" valign="top" width="20%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">and
      note at left</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr valign="top">
            <td style="WIDTH: 252pt">
              <div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;
      </font></div>
            </td>
            <td>
              <div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Please
      sign exactly as your name appears on this Proxy.&#160;&#160;Date and
      promptly return this Proxy in the enclosed
  envelope.</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
<tr>
            <td align="left" valign="top" width="41%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Signature:&#160;&#160;_____________________________________</font></div>
            </td>
            <td align="left" valign="top" width="42%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Signature:&#160;&#160;_____________________________________</font></div>
            </td>
          </tr><tr>
            <td valign="top" width="41%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
            <td valign="top" width="42%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;
      </font></td>
          </tr><tr>
            <td align="left" valign="top" width="41%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Date:&#160;&#160;________________________________,
      2010</font></div>
            </td>
            <td align="left" valign="top" width="42%">
              <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: -18pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Date:&#160;&#160;________________________________,
      2010</font></div>
            </td>
          </tr></table>
    </div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div>
    <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br></div><br></body>
</html>









</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>talefalogo_rgbhalf.jpg
<DESCRIPTION>CORPORATE LOGO
<TEXT>
begin 644 talefalogo_rgbhalf.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!F17AI9@``24DJ``@````$`!H!!0`!
M````/@```!L!!0`!````1@```"@!`P`!`````@```#$!`@`0````3@``````
M``!@`````0```&`````!````4&%I;G0N3D54('8U+C`P`/_;`$,``@$!`0$!
M`@$!`0("`@("!`,"`@("!00$`P0&!08&!@4&!@8'"0@&!PD'!@8("P@)"@H*
M"@H&"`L,"PH,"0H*"O_;`$,!`@("`@("!0,#!0H'!@<*"@H*"@H*"@H*"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"O_``!$(`)T!
M.`,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0```````````0(#!`4&!P@)"@O_
MQ`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%$B$Q008346$'(G$4,H&1H0@C
M0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U-C<X.3I#1$5&1TA)2E-45597
M6%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJ
MLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U]O?X
M^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`"`0($
M!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2\!5B
M<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%1D=(24I35%565UA96F-D969G
M:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>X
MN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR\_3U]O?X^?K_V@`,`P$`
M`A$#$0`_`/W\HHHH`****`"BBB@`HK\\?^"JG_!>/PS_`,$O_P!H?2/@!JW[
M.5[XSDUGPA:Z\FJVOBF.R\D2W5U:^28S;2DG-KG/'^MKYO\`^(P3P1_T8EJW
M_APHO_D"@#]GJ*_%[_B,*\#?]&):M_X<*/\`^0*/^(PKP1Y/G_\`#!NK?^'"
MC_\`D"@#]H:***`"BBB@`HHHH`****`"BC(Z9HH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHK\S_P!K/_@XD_9[_9T_
MX*`:+^RM#IEOK/@?39Y-.^*GC;36FEET'4Y#Y47E11?ZV*UE'^E#_6?O3Y69
M;4Q3`'Z85PWQF^,_PX_9Z^'&L_&+XP^+[#0/"^A6HN-5UC5+KR8K6/(49_YZ
M/)(8XXXAF26201J"2!3?$_QK^'7A#X62?&"[\6VEUX?-G;7-EJ=G<"YBU".Y
M(%J;7R^;J2Y,L4<,<6?-DECCCR2*_/#6_P!J#Q]^VY\5O$=]JF@Z3;^$=!T>
MZ,LFM7L,FD?#[PY?:!HNJ'Q!J_E3?\?US8:GJ5K%]EEE_P"/66**6*U_M2ZE
M`/RT_P""^?[4'_#4O_!2WQ?J=CIE]9:9X2TVQ\.Z1#J)\NY\J*/S9?,C_P"6
M7^E2W/[K_6CI+Y4O[J+XTKJ/C9\0O^%M?&GQA\5/)O8O^$H\5:IJW_$Q\K[5
M%%=74LO[WRHHHO-_>_\`+****N7H-`HHHH`_K[_8=_:/\._M9?LJ>`_CSH7B
M'3-1N->\+:?<ZZ-.NXI?L.H2VL,MU:R^4<131RR8DC/2O9:_$C_@B=^W+X9\
M$_LK^#+7PAKNI7GB3P1=W6@?$'PG=F7R]4TN7^U=4MKJQ\K_`)>;6UM;F*+S
M?];Y,MK^Z_=747[0^']?TCQ+I%IXC\.ZM!?6%];QW%K=VDWFQW$<@!CD1P<%
M"#GC_P#6&9K45^>G_!6+_@NY\%_^"<OCSP[\&/#/AZ/QWXU&L6USXVT*SGP?
M#^C'][)))C_E]DA_>Q0_\\L32^5'+$9?LOX`_'7X:_M.?"+0_CM\&?$L.L^&
M/$U@EYI-_:S!@1DB2*3KY4L4F8I(C^\BEBEC(!C(`!Z!1110`4-T/TH!!Z&D
M=@%))Z#F@"#RXQ*N&(*C[M.B18UP,D$U\8^-?^"M_P`'/!'[;,7[*/B#1F@T
MXS1:;/XO;4HGA&I28Q;^2"?W8+B-Y"<B3K'Y<9EK[,$YP)%'RX/\ZQHXFEB5
M[C/2S+(\UR>G1J8VFX>TCS0OUCW+`&!BB@'(R**V/-"BC(]:,CUH`****`"B
MB@C(P:`&J%SQG\:-XSP,TUB4'KZXKF/B7X[A^&W@;5O'%[I=[>P:+I=S?36>
MGP&6YG2*(R&.*/\`Y:2'&`/7ZTWHKL5*G*M55.&[.G9F(XYHW';QQZU\T?L@
M_P#!3'X"?MDZKJ/ASP!_:.F:MIR!Y-$UV**.ZEMO^?F,12R"6+W'MGB2,GZ5
M#;LJ.H]*RH5J6(I\\-4=V99;C\IQ'U?&4W"79Z,FHH'3FBM#B"BBB@`HHHH`
M****`"BBOS;_`."YG_!:C1_V`?!MQ\`?@!J5O??&/Q!9;H[J8I):^$K&4#_B
M82@_NI+G_GE!+P/];+^[\J*Z`/+O^#@/_@MEKW[-MO>?L5?L@>+?LOCB^LS'
MXW\8Z=>?OO#-M+TM;;G]U?2]YCS;18\K$LGFVOX*58UC6-4U[5+SQ)XBU6YO
MM0O[R6YU+4-0F\V6ZEE_>RRRRR_O999?^>M?<G_!OE^QE^S9^W'^VCXD^$W[
M4WPZE\3Z!IGPSOM4LM/_`+6NK+_2X]0T^'S?,M)8I?\`574G[J@T/G_X)?\`
M!1G]LKX`>`]'^%?P^^.VK?\`"+^'/$EKKV@^&=1\JYMK6_M9?-_=>;%YL47[
MV666*+RHO-E\W_6UTWQ`_P""J7[4/CG]CK3OV(K!_#OAOP7!#:Q^)+KPSITM
MMJ7BV*UBBM8O[2N999?-\JUMK6+]UY7[J&*+_51111?OI_Q#I_\`!'+_`*,_
M/_AP_$7_`,L*/^(=/_@CE_T9^?\`PX?B+_Y84&9_+S17]0W_`!#I_P#!'+_H
MS\_^'#\1?_+"C_B'3_X(Y?\`1GY_\.'XB_\`EA0!_+S17HG[8'@GP!\,?VK_
M`(H?#GX56$MCX;T'XA:SIWANTEFEDEBL(M0EBM8OWO[W_5?\]:\[H-#TS]C_
M`.)WAOX/_M$>'_&/Q`GEB\-W7VK1?%4L/F^;%I>IVLMA?2Q>5_RUBM;F66+_
M`*:U^B'_``4)_P""P7_!2;]EFWC_`&=/A;>6_@KPQJ</]I>&O$T_AOS=7M+:
MZ'VFZT$7,TLMK+'8R7/]G^;:Q1>3]ECB$OFQG/Y1U]J?M76>D_&S_@EI\(_V
MA;'2M-EU#POJ7_".:Q_9TWF_V7%_I7[J7_2O];+=1?;[JZEBB_>Z_8112R_\
ML@#XW\2^)/$?C#Q)J'C+QCXCO=7UC5+R6]U+5M1O);FZO[J67S99999?];++
M+_RUK[!_X(Y?\%:?B+_P32^++Z5KMS?:M\*/$VIQ'QKX9B/[JP_Y9?VK9?\`
M/*YBB\KS?^>L47E2_P"JAFB^,J*`/[/?`'Q$\%_%GP-I/Q-^'/B&SUG0->T^
M*^T?5=/F$D5W:R1^9'+&1Z@\5T3=#QGBOYM?^"&W_!:?7?V"_'%E^S-\==2O
M;[X,:[J8\F[O+CS)?!MU*?WMW%_TXRR_ZV'_`+>HOWOFQ77]'.DZS8:]8QZO
MI%U'<VMU%'+:W<$P>.6-QPZ$?6@S)X)C$H62$*S'A!6-XU\1:-X0\,ZAXIUZ
M_BMK*PLY)[FXEDQ'&B#>TA_+]*I_$KXG?#WX3^'YO%7Q+\9Z=H6GP)^_O]3O
M(X((_P#@<A%?GO\`MZ_\%B_@'XW^#?B'X(_`6WU37+[Q'I+V,6NRV/V>S1;G
M,4@_>_O-_E^80/+[5Q8W,<'@J3=6I9GU/"G!W$'%.94J&"P\YT[KFFEHE?OM
M_74_-S7]4\6?&3XGWVOM;B;6?%/B&6\%I$?]9?7-U_RR_P"VLE?T@Z5=6\.@
MVKRWR`+;*-S2=\"OYKO#GB/5O".NV7BCPYJ#6M_I]S'=V%PBY>WDCE\R.4_]
MM8ZZGQS^TC^T5\4X[C2_'/QO\8:K874FZ;2;SQ!<M:X]/*$OE5^?9-GU++O:
M.<&^=W/[,\4?"+,>-)8"%&O3HT:$+:^=NFG\O<_?3Q_^U?\`LV?"._.B_$WX
M[>$]&O#%YC6FI>(+:&7'KY;R`UY-K/\`P6%_X)\Z)J3Z/>?']'FA'[YK3PYJ
M-S%_W]B@,?ZU^/?PA_8T_:F^.9A?X9?`SQ#J5M=6?VBSU)].\BTEB[?O[KRH
MS_W\KVSPA_P1(_;O\2Z9_:6MZ!X=\-N)<FUUCQ"))`/K;Q2"O8AQ!G6)7[G#
MGY/+PC\+LI;AFF>KVB_EY5_Y+[S/UT^!W[1GP5_:-\'1^./@M\0+77M/F3;O
MMF*O%)WCDCDQ)%)S_JY`"*]"1=K$D]%P1FORK_X);?L=_M9_LU_MI74'B*[L
M+#PW8:;+#X@EL]7CGMM6WC-O'''YID2029E_>1(\<?F#/[W,OZHQ!%4Q^9GN
M2*^HR[$U<7AN>I#D9^'<;Y!EG#V>O"Y=B/;T?B4_5=?,N#IQ12`JH^]222I$
MAD=P`!R2:[CY-:B?)[T[&U<=:XW0OB]\,_%/BB^\&:!X_P!&O-6TW_C_`-+M
M-8BDNK;/_/6,'S(J[$'<N10FGL75HUJ#M4C8B)D$@VJ0._-4?$,9;0KP(.L+
M8'X&K-W=VUE$;N\E5$`Y+-BO+M'_`&N/V:_B%K4_@KP7\;_"VJZK]FF=+'3-
M<MYI<1_ZS@$^O-95JM.E'5G1@,)C,5452G3;4=[)O[^Q^"_[./Q:NO@3\=_"
M?Q8MKZ2(:)KL5Q=F(9WVW^JN8_K)'))'_P!M:_HZL)5:V64?Q(')^M?S/>&]
M-&L:]9Z4;CRX[J:*/S:_I<T>,KIL(7G,"?RKY3A"MSTJL/,_H[Z1^$H4L1EE
M=+]Y*DT_ERV_-FA12!E&%+<TN1ZU]@?S,%%&1ZT4`%%%%`!1110`5^:__!63
M_@@%\'?VZUU;X_\`P(UI/!/Q?O&:>\U/4;F>33-?F%M'%$;V+$OV22/R8\36
MT7_/3S8IL@Q_I110!_%_\7/A%\5/V?\`XHZY\%?CAX"U#PQXL\.7GV?6-$U1
M`TD7Y?NI8I?^64L7[J6+RI8OW4L5==^R?^V=^TA^PW\0[WXK_LM_$2+POK^H
M:/+I-YJ/]CVM[YMK++%++%Y=U%+$/WMM%7[Q_P#!PE_P2VT[]L[]GJY_:<^$
MVCRS?%7X:Z/-)`EA:>9+K^C13&6YT_GK+&))I8>N9!+'Y9\[,?\`.=0:+4^V
M/^(BC_@L5_T=Y_YC[0?_`)`K]N_^"&/[8/Q=_;?_`&`]&^,/Q]U&WU#Q5;:]
MJ&EZGK<-I%;#4#',3'+Y4,4449\J2./]V,'RZ_ELK^F;_@VA_P"42G@S_L8]
M=_\`3A-09GG/_!8/]LC_`(*6>&OV]/A#^PI_P3F\;6/AOQ!XX\):AK,LM]I=
MA)'?R1&ZD$4DE_%+'"(HK&4_N^9/..<8BKSO_A`O^#N3_HO'A'_P#\+_`/RO
MKU/]K3_E9N_98_[)5K7_`*0>(*_3&@#^+?XA>//$?Q.\;ZQ\1O&-]]IU37M8
MNM1U*;R?+\VZEE\V67RJQZ**#0*^R/A+XDGO/^".OQ,L=<UR6VDB\5166F^3
M#]MENK"+4-*EEBBB_P"8?8174L4MU=?NI9;K^S(O-\J+RJ^-Z^O/@^=5T'_@
MD'\3+[[/+]GU3QM81P^3#]BBEEBEL/*M9;G_`%NMW7_'S+:Z5_JK6*6ZU"7]
M[+84&9\AT45]^?\`!`;_`()?)^WG^T+-\5_BKH8E^&/PXO(I=9AFL_,MM>U/
M_EVTKG_EGC][<_ZW]U^Z_P"7KS:#0]*_X(Y_\&]^K_M=^'-'_:?_`&S+C4_#
M?P^U!X[K0/"4"&WU/Q1:#K-)(/\`CUL)/^6<O^MNHC))%Y49ANI?WQ^%'PK\
M!_!'X<:+\(OA=X>M=(\.>&].AT[1M+M!B.VM8HQ''$/IBNIH/0T&9^4/_!<[
MX`_M$_$'X]>%/&/@SP)XB\3>')O#CVMO!HUC=7D5C>17#R2$QQ#]R94DM_WG
M_+3[+_TSKXD^)G[*W[1'P7\`:9\5/BS\)]6\/:1J]S%:Z;+JBQQR>9+%++Y4
MD'F^9%_JY/\`61U_1;-Y+0D7,2R%.2,>]?!/_!P3;QR?LH^$61>OQ!@(.,8'
MV&\XKX[/\BPDHU,;+>Q_2OA+XNYS@\1EW#=*A3]FZG*YVULWZ_YGY_?\$W/V
M8_"/[5O[6&B_#3X@2SOX?M[2YO\`5+"WEV"ZCCC_`'7[S(EB_>RQ5^ROP3_8
M5_94^`B6]U\+O@/H5A>VPE$.JW%J+B\3S#^\_P!)EWR\_P"_7YG?\$%[2WNO
MVT]3:YY*_#V]91GO]MLJ_98,%C*Q@`YP0*TX6PE#^SE4[G#](?B;.9<;SP%.
MO-4:<(^XF^7:^WS&1PPV\.V&)`5ZJJCFOS!_X*[?\%+O'7A/Q]=_LK_`#7!8
M1:?$/^$JURS62.Z,LD>?L]M+_P`L_*CYDECSS)Y>8O*EK]&OBEXAO_!WP\UK
MQ7I6GR7UUI>E7%Q'8VQ_>7$D<9<1CW/`_&OPY_X)_P#@#2OVI/VZ_#MM\8M1
MM]0MM4U>XUO74U*8`ZA<QQRW&P9&)3)*?WD73RO-KISZO5C[/"T-ZCW/G_"#
M(<JQ57&9_FD/:4\)3Y_9]Y=/N.#N-)^//['GCWPUXL%U>^%/$MSH\>NZ-Y3G
M[1%!)+)'']IC/7S/+D\V.3_EE[BOVZ_8$_:1L_VI_P!F/0/B^T5I#?W#3V^L
MVUM+E+>]BE:.0`#[F_A\=?WE?FM_P7BEL'_;&T--.C18X_AU8KE#W^W7M?4?
M_!OVTH_95\5`-\H^(-R<>_V&QKS,CE6P6=5<'!^YYGZ!XIPPW$WA5@N)JM%4
M\0ZEO=T7)>5HF=_P55_X*5_&?]D[XT^%_A5\(K6PV)IW]KZX=2M-\5]&\LL<
M5KGK'_JI)/W>9<B/Z2<-^W!_P50OOCK\"O!/P;_9:2Y_X2?XE:?'_;T-H9!<
M:=YLGV?[%%)+Y0\R2Y\R/S>T49D&/-BDKY^_X+3^+[WQ)^WYXCT>9`%\/Z3I
M^G6V/XHY+>.X_P#1MQ)7=_\`!#']FF'XC_''5_C_`.(K>7[%X+L_(TL2C]W/
M>W'FQ^8/0QQ>9^Z]+J.IJ9AC<1F]3!0EI+\#NP?!/">2>&V`XJQ=+][2CSVZ
M5)S^!2]';[NQ\M^'=:^(7[%W[3D&I07<3:]X$UU5NQ8R[H9P@S)%[1R1>9%[
M&6OZ#?`OC31/'O@K2_'?AZ]CGTW6-/AO;*Z0Y$D4D8E63\C7\]_[7LDEW^UG
M\4I)9L*OQ$UJ)0.W^FRU^M6J_&G4/V>_^".>A_%72;O[-?V/PGTBUTJ9(?,V
M7ES:V]O;-[_O98ZTX>Q,\/6Q%*3]RFSS_&C)8YY@<BQ5*"5?$I1TT^+E_P#;
MFSY*_P""P/\`P45U[XD>.-1_9>^$.MWEGX<T>62T\374?R?VM-_RUMLGG[.G
M?_GKB0?ZH$GY5?\`9I^/O@/]GO3?VO\`3PVF:)-KR6FB7MM?^5=E_P!Z/M$?
ME?ZJ/S4\K_GK_P"C:Y[X"?"J_P#CC\9O"WPDTB.5;GQ!K=M:?:((?,:WBDE_
M>R_]LHO-E_[95^NG_!2?]B'XA_'3]E_PG\'/V?K;1-.T_P`'7D-W%I=]))&/
MLUO9RP1V\&W_`'_^6F17ETJ&,SWZQBY[+X#[W&YKDGA*\JX8PT(1]K9XB<U?
MW?\`[;\#\88?]=^-?TNF\73O#"W.?F@L-X_!:_F>A_UWXU_2UJ0_XH.0L/\`
MF%\_]\5Z'!FE"J?(?2:5.KF.56V:G^<#\L/V-?\`@L/\<_&_[8MAX:^-NH6E
MQX/\::Y]@TK2HK.(R:(\LO\`H7EO%%YDL>/+BD,O0XE_=#(/Z6?'OQ[K/PM^
M"?BWXC^%].COK[1?#-[?Z=:.<)<RQ02RQQ_B8Q^=?SW_``3U=_#GQC\)>(UE
MV)IWBBQG:7_GD([J*6OW9_;N\:Z?\//V'/B#K^I:FMDY\%W5K!=-_!<7$1BB
M/_?QTKKR+,,3BL#B'5GJG]Q\IXN\$9/DG$>50RVARK$*,>3N^9+\4T?(?_!*
M/_@JA\8OC/\`&`?LZ?M)>(DUF]UJ.2;0-?\`L45O*TL<7F26LD=K'Y7^KCDE
M\W]V/;][%7Z7*Y5,"/O@"OY]_P#@G9>:UIW[;WPRG\.K_I$GB1$F_P"N4H\J
M7_R%YE?T#(LH0*,D[.#[UW\.8ZKC\#>H>!XY<)Y9PGQ13IX"')"I34^7L]OT
M+-%'UHKWS\6"BBB@`HHHH`HZI?V&EV$M_J5W'!;Q1;YY97Q'&GK7\>/[6?@+
M7OAK^T7XHT+7?`5EX7^WWD6K6>B:3H\ME;6%K?117]K%;6TO[VTBBBN8O*BE
M_>Q1?ZWRI?-BK^K_`/;J\5WG@3]BKXN^.-)\K[1H_P`+=>O8?-_U?[K3Y9/Z
M5_/Q_P`%>OA7XKU+X(_#_P"/WBKRM$D_TK^S?#.K:EY6L2Z7=?Z5%=?V9_K9
M?]*^TRW^J77E2W6JW\O_`"Z_9:`/@.OZ9O\`@VA_Y1*>#/\`L8]=_P#3A-7\
MS-?TS?\`!M#_`,HE/!G_`&,>N_\`IPFH`X?]JZ3?_P`'-O[+G_9+-:_]-^OU
M^F5?F7^UG+YO_!S?^RV/3X6:\/\`RGZ_7Z:4`?Q/T45^]W_!NK_P2H^`>F?L
MV^'?V\/C7X0@\4>//%EW-=^%O[>LQ+;>&[>VNI(H9;:,\274OV<2BY/,<1BB
MB$0$OG!H?@;Y_M7UY^TMJ6N?!G_@F[\,_@?XCFL8O$'B.;^T8=)U;6(K[4[7
M2Y?]/B^S6UI+Y6E6$LMS;2_O?-NM0EB\V7RHK"**OZ+/V_\`XVK\"?V8]>US
M2O$5GI&OZZT?AWPE--X@ATV7^U-0D%M%+;R2Q2^;+%YCW7E1Q332_92(HI9,
M1GRS_@DE\-_%7AWPYXY\::M<:C9:/?:S:Z9H.AGP?-H&F?Z)')+=:A:VEU++
M?F6ZNKJ7[3+?RRW4LUK(99/^6409G\MTW^J\X?ZO_GK7]87_``28_8TLOV%_
MV#/`OP4N/#\6F^))]-&M>-AY422R:U=8EN8Y9(A^],/[NU$O.8K6*OR'_P""
MI'PEL?CG_P`'*FA_![6?",7B#2]?\;>"+;7=*F_U4NE_9;#[=YO_`&Z^;7]"
MU`!114<TWE4`-<8DR3G&>OTK\\/^#A'4U_X4IX$\-^=S=>*WN/\`OW:S?_%U
MW$W_``<1_P#!';SDC/[7RYEE\L?\4'K_`%Q_UX5Y]_P<0>%&O?@YX`\:02?\
M>'BF6Q\OU^T6TDA_]$"O'SU-Y541^D>$#H1\1\O]KM[3\;.WXV/)?^#?+P='
MJGQ]\;>-G/\`R#O"<5J!_P!?-RDO_MM7KOQ)_P""M7QH^%G_``4$N/V;=8^'
MGA]_"$7BRTT>2Y)=+R*.Y$7^DF4R^6?];YGE>7G'?/-<7_P;O6Q&M?%B[W8$
M=GHW'KG[;_@:^2/VSO$VJ_%O]OGQEJ/AV`?;-1\>OI^G_P#76VEBM8O_`$77
MS5#%U<!DF'G#K,_>,YX;ROBWQ;SJEC:?-"E0BU_=ER0L_P`S]N/VB/V@OAU^
MS=\([WXO_%/5%MM)MK<DQJ<R7,I_U<4:?\M)).@%?B?\7?VL/$GQ9^,TOB#]
MF[X-Z5X!O;Z]E73U\(:./[9N9)3^\_?Q1>:99/WG_'OY?^LEB_>FOT/_`."Y
MWP_\:>./V.=*USP[IPN+30/$UOJ.KA&YCA:UN+?S/PDN(_PKX[_8R_X*+_LZ
M?L8_`]M+\*_LVWVI_$2Y>:.\UV\N(DBN4,OF11&Y_>RQ_NO+_=>7_P`LZ[,[
MKRJXY49U/9P/FO";**&`X6K9MA,(\7BIU/9JGS6A%=YIM)KU_`^6?B1X3^+O
MA3Q)N^-/A[7['6=1C^U?\5/;2)>W$<G_`"TE\W]Z/]5)7ZT_\$#/#SZ1^QYJ
MNKRK*9-3\;WES$)?[OV>VB_]I&ORF^.OQF\;?M"?$O5/BU\0[R-]1U6[\R:*
M,YCMHO*B\N../O'''Y9-?LG_`,$7](M;;_@GQX.NK>+RI;F\U.2;V/\`:5S7
MD\->R_M6KR'WWCS7Q5+PQPE/%1C"K*I"ZI_`O=E=+T/S2_X*\8_X>,_$7'_/
M;2__`$VV]?H)_P`$,OA]'X-_8;3Q+'>S3MXH\0:C?LDW6'RY/L?ECZ?9`?\`
MMI7PK_P6A\!:KX0_;Z\3>(]0?]QXGT_3M0L9/[L<=M%!C_OY;R'\:_1G_@CG
MF3_@G3X(>09(;5-P_P"XC<BN[)Z+7$N)9\GXD9A#_B!^24J#NI>SO\H._P")
M^.W[69W?M7_$YO\`JHVM_P#I;+7Z6?M5SN/^"$WAL(!)&?!7A+[1_P!<_-LC
M_P#$U^</[:OA_5?#'[77Q/T_5+.2WN)/'6K7'E2]XI;B66*7_OU+7[`_"WX-
MZ/\`M#?\$N/"/P9UA$BBU[X3:5!;R2VPD^SR_88C%+Y9_P">;[)![I6>4X:K
M5KXVF>GXE9EA<LR;A3&3^"FX2?RY/Z]3\QO^"0@4_P#!13X=AYL_O=0_]-MS
M7ZZ?MP?'>P_9L_9M\5?%F[OHH[JSTN6/2H9D+B>]E'E6\>!V,K)G_8#_`%K\
M2_A5XK^(G[#7[5VD^*O%O@Z]M-8\$>(?+UK3;N'R]\?^JD,?_/;S(Y9?*E_U
M7_+6O:_VZOVU/B-_P4O\>>'?A1\`_AQKAT?28Y;NVTB5(S<7=[Y7_'Q*J_NX
MXHX_-B_UO/FR5GE>8PP&55,,OXAW^)'!5;C3Q`R_-U;^SW3@YU+JUHMR>O\`
M>3_JQ\A0_P"N_&OZ5-14GP++&3UTK_V2OYT_@=X4O_&7QL\*^"+*'$FL>);&
MQ>(>DEU%'+YE?T8ZC`9_"TMC&.19%0/^`UU<'*7L*[:ZGS?TEL7A'F^54J4O
MA4ONO&WY'\W_`,,;/^TOB/X?L,?\?6O6L?G?]M:_3#_@O+^T;:Z#\)_#7[,O
MA[5(#=:_<#5-<M3)$<V5N,Q1O&>@DN3')YG86TM?F-`?$_PU\<QM>:;)IVM^
M'M7_`'MKJ$7ER6UU'+_JI(_^NL5>G_%6_P#CQ^U]-X]_:R\60;M,\.1VR7]P
M\VVWMHWN([>VLH#_`,#\W_OY++_K8O-^?P>+K4,+BL/!>_,_8>(N&L%F_$N3
M9UBZJ^K4$M;[SGR<B^;_`".G_P""3FGP:A_P4,^&MM.,[;Z],0/_`#T33+J2
MOWF*L`.3]T]Z_%+_`((<^%=+\0_MU6VJWUM^_P!#\+WU]:G^[+YD=M_Z+N)/
MSK]L/XO;)KZ[A&GR9:KG\X_21Q:Q/'ZII_PZ<%^+?Y-$R]!]**%Z#Z45]2?@
M(4444`%%%%`'@/\`P49T#QYXC_8_\56_PYB\2W&IV$NGZL\'A!(I-2N[:QU"
MVOKJ"VAFAFBNI)+:VEB^RRQ^7=>;Y)_UM?F;^U%H,_Q(_8\^('A3Q5XC\+:!
M9^(_"O\`PD^CZ'=^)+K[3JEU%Y4MKJMS%^ZO]0B\WRK7^VM8NK6UM?LL4LNE
MQ16OFU^S?B#1-(\5:1=Z!KMC'=6%_:2VMY:R_P"KFBD'ER1OZY!(K\)_VN/A
M9\/[_P",,_B?PUX;LI/.\7^(_`_BJ[US3?MVL76@_;[_`$N66+5]0\WRK^*+
MPUXENOM]U+%]EBO["*67[+%_HH!X)^S3^R7^Q-^RCX#\-_'?]O;XQ>`-;U#Q
M1#%YWPGFAU2YOK"PEM8I8I?-TJ7_`$2Z^P7,5UY5U:_\\HO-M?-\V+]2/^".
MGQ1\$?!7Q!8_L-?#'Q#I>N?#^Y\+W6M>$/$<=Y#\^IVU^8KJUCS+YLTEU:RV
M.LF'RQ]E&H'GRI8H;;\E_P#@K'\$_&-Y%9_M)WWB/2?[/M=8B\,6?A/2=!NM
M-L?#EKY4OE16T4L7F^5+?V/B'S?-_P!;Y45UY47V_P`J+U/5O^"F'QN_X)H^
M'O@Y:_#2R\-^(/%]M\/8K;7](\<65U?26,L7^@1>;)%+:_99;7RKZUBT^+_C
MU_TJ6Z\VZOY?LH!^@7[5O_*SA^RW_P!DIU[_`-)-?K],Z_GO_P"">G_!2KXP
M?\%&_P#@N?\``KXT?M`:'X1T*]T'1M9T:SB\+VUU;VTL4FDZI+%Q=74N99)+
MD?E7]!TD8D&#0!_%#7]6?_!$7_E%'\$?^Q0_]NIJ^*/$'_!HO^S_`'>N7NH:
M%^UMXRM;26[D:TM+W0[:YDCA_P"6<<DHDB,THS_K2!^%?I=^QC^S7I?['W[,
MWA#]FK0_$UQK-IX2TLV<.JWD0BEN099)<E!D#_6&@#\^?^"T/QX'P5_:BU;X
MD>(_BW='3_"7P<TRXT'X>3_%*;P_'?W]]J.JPRW=M%:VEU?S77[JVB\ZU^P^
M5%%+%+=^5++%7XCC]LO]K:"6X^P_M0_$.RCNKR6]\FT\;7\47FRR^;+_`,M?
M^>M?T2_\%._^",&C?\%._B/I?C7Q?^U'XI\)Z+INB6EE-X4TK3XY+:ZN[::[
MD2ZDW2#,GEWLL0_YY@R8_P!;(*_F.H`^Y?\`@A+X[\<_%7_@M-\'_$7Q2\77
MOB+4)FUWSM1\0WDM[=2^5X;O_+_>R_\`/+RHZ_I[K^5/_@A-\1]"^%O_``5H
M^#'B+Q+/Y=O=:]=:3#^^_P"7J_T^ZL(O_(MS%7]5E`!0>1110!_$_P!?](S_
M`*JOZT?^"F'[/]W^T=^R5XF\$>'M.2YUNRA&IZ!&((I9)+N#]X(XQ)P))%$D
M6>PE-?R7=/\`1\?ZVO[6)(()&97P<KA@1VK.O35:BZ=0[\KQ^)R;'T,=AW[]
M.?/^1^''_!-7]N30_P!B;_A9EMXKTIY;C6M#B32HGCE&[4;?S=EO)Q^Z3_2)
M/,_YY>55'_@E/^S1KO[2W[7>AZYJ,-P="\(7<>MZW?$=98Y?-MHO,_YZ27,?
M_?J*7UK]"_VH_P#@CM^SA^T?\1)/BC8:AJGA76M1N=^L2Z&T8BU`<;C)'("!
M)U_>1XS_`,M/,`KY._X*B_MW>'?^"('PN\._L7_L/^#[:/Q]XKT:ZUG5?%NN
M0&XEL(Y#);1:@\?E>5=W$LL4O_3*+[+@Q>7+&*^3PF0XKV].-=_NX;']%9_X
MO\+SR?&8K*J<X8_'J$*M]HJ,>5V?G_PY^MNHZ19:MI[:5?VL<UK)%Y<D$T>Y
M&%?+WBC_`((V?L"^*O%+>)9OA)/IY,[O+8:9K5U;V[Y[".*4"*/_`*9Q>6*_
M'G]E;]C_`/X+D?\`!67P)J_Q^L/VP/$&F^%WUN4:/+X_^(&LV5CJ<WFYE-E;
M6D4L0BBD_=DQQ11>;%Y47^JE\K!^._QF_P""W'_!%[X\:9H'Q9_:?\1ZRE[#
M%<:#-J'BRZ\2>&M7L(Y8O-ABCU#_`%,L4A\J7]U%+%G]U_K8I:^GK8;#8A?O
M(7/YZR[/,ZR-N6!KSAS[\DFOR/W;^)?_``3]_9?^*OPCM?@IK?PJL;/1].+/
MH[:7;K!+82N3F6-P,^8>3)R=^3Y@DSSU'[,G[-_A']DWX/:?\$?`&NZI?6&F
MRW$L-UK4D<EPQEE,KY,2Q]Y/2OE;X5_\%@]7_:#_`."47B/]O/X!_!&^U_X@
M^&P-'O?A_I6GWEZ+?73-;1*`D<<4EW;"*\MKHB$Y\K]V9!+')Y?Y@?#'1O\`
M@X;_`."D?QVG\)ZI\:/BKX$GNM.EN+O4?$-UJGA/P]:6T?\`RR\JTBBBEEYC
MB_=12R\^;_RREEB<,/AJ53F4-2,1GF<8K+WA:M><Z?-S<C>G-W_X)^YO[3G[
M$'P&_:ZM-+B^-7AY[Z72;XW&GW-I=-!<I&6&^'S(SQ%($P1Z8QB0"0>C_#;X
M=>$_A3X.L_`G@/P]#IFD:;:BWL+&`YCCC'2OYWOV\OV<O^"R_P#P2S^'F@?%
M3XK?\%(M;NK+Q!XE^Q64/@OXR:S)+YL<,LO[RUN_*\V+]W_RS\W_`*:U]8_\
M$Z/VQ?\`@H=_P6"_X)W_`!P_9S\-?&B#P_\`%_PA=^'AX<^*MOJ4NB22Q7=_
M)++'+)I\.8I8HK"YB\R&/$L4T49&1)-)I##TJ51U$MS&IF685\%3PM2I/V<-
M5#[*9Y7_`,%I?VW/V9/A9_P4>\5?#KQK^Q_K&LZKX8BTQ=8UG1/B1'ID>N^;
MI]I=`7-O_9=P?]5(;8^7(28H_P#OU^S'[(/CRQ^+?[*OPS^+>C>#;;PY8^)O
M`&DZM9>'X)1+'ID-U912QVJ/Y<>1&)`F?+&<=!TK^5O_`(*#_!/]I+]G3]L+
MQA\(_P!KSXM_\)U\1-+^P?V]XLEUZZU+[?YMA:RVO^DW<44LOE6LL47[W_GE
M7[4?\$$/V)O^"B/P5M_"OQW_`&A?VKQXR^$OB?X,6!\"^#/^$]UF\.CBY^P7
M5B?L-W%]FA\JUCDA_=2$1YQ&,$FLJ6'A1J3J1C\9T9AG&:9CA:&%Q5?GIT_@
M5W[OD?AW^S'XQ\56?Q?\+^!['Q')'I>O>)+"RU*T\GS?-BEEBBE_UO\`JJ_J
MC_9>_8;_`&>/V3]-N(OA-X-*7=\(SJ&L:C-Y]S<].LF.!_TSCQ'[5_)1X#\5
M7O@/QOH_CC2H(Y;S1M2BO;.&:'S8O-BE\VOUS\7?\$M_^#C+]K3P=)\9_BS^
MV3'I-_JEM]N_X5[J'Q'O]-EM3$FV.+[#I]K]ABEECBC_`.6O_+7][Y4OFU/U
M'"*K[3D]XZJO$O$,\M672Q$_8_R<WNGZJ>#O^"?'[,_@3]H>\_::\-^`%M?$
M=_+-+(T=Q)]GCGDP);B.')CCEDSU`S^\E_YZRY]\B.(\L.IP:_ER_9L_X+#?
M\%*?V"_V@T3XJ?&CQAXPM-"UJ2P\;?#GXA:]=7T4R12^5<VT<EUYLMA+%B3]
M[%_RUA'FQ21B2*7]G/\`@MQ_P5EOO^"97PA\/Z;\-O#5CJ?Q`\<3W2>'[?4#
M_HNEVMMY?G7TP'4_O8HHXR4R92?WGE>3)TTZ=*DGR(\O&9AC\PJ0GBJCGR>Z
MKN]K'L?[3/\`P3+_`&6_VJM8;Q9\0?"-Q8:[*(O-US0IO(N',?3S/^6<O_;2
M,_2O%?\`@IK\'O@Q^R=_P2]UKX-?#;0+72[&_P!8TR&Q3I)=7"WL5P9'?K))
MY<&>>?W=?EE^R7\*?^"WW_!9Z;Q9\2_"_P"V!XDM?#$-Z(=3U+Q)X_O])T2:
M_P#W4@M;>QT^*6.*012Q2YBBBQU.!+&9?/O^"CGP&_X*A?\`!/:3PI\,OVK?
MVE-;\2>&M6FEO/"'V;X@W^K:0);6*+S8OLMW_JI(HKF/_6Q?\M?W5>?BL#1G
M0J>S7OS/KN'.+<?A<SP*Q^(G/"T*D)\EW;W6?H;_`,&_G@34M8_:4\5_$.%A
M]DTGPA]AF!CQ^\N;J*6/_P!)I:_7F-(RS2[NH`(],5^+'_!#3XGCQ-^P!^T]
M\4M"\7G3?&>E^#9TDT_3I)8Y=+\K2[Z6VOX^?W0EEEE\K]YYN;63IBOSW_9F
M_P""P'_!0_X'_&'3_B(_[2OQ(^(%Q:I<V^G>%/%WC74]2TR[NKFUEMHY9;8R
M_O?+EDBDBB_YZQ5CD>$JX#`0I3.[Q6XCP/%G&N(S#"_`^7E_\!1_5P.!BBOY
MS_$_[$7_``<\_'>Z/Q,\2ZA\6+B36?\`B916MW\7[#3(K:6Y`E\O^S?M\7V4
M`8'V;RHO)Z>57]&%>P?G04444`%%%%`!7Y`?\%&+/P'IO[;^M?`_X8?&K2=)
M\=6NN^'/&GAV*;3K74XO"^O:[K_AO1OM45C*)(OM-K%;7U_^]'G>;XD\V+_G
MK7ZN^.?&_A+X6^#M7^(_CK7[;2=!T'3;G4M<U2]D\N&QM+>(RRSR>D<<:$D^
ME?R>_'+XL_&'_@IA^W[XH^+7AK2M2_X2?X@^-OM'AO3K2SEN;FPL(O*BL?W5
MI%+++]EL(HO-EBBE_P"/666@#[(^)WP9\`>)(M+^"WQIUW0+&/P'XJU3Q[\<
MM1\3:QXCEE_M2ZM8KK^ROL,LLO\`:'E112_\>M]+=76GZ5++]JL/-EEE_/?]
MI;XY:Y^T5\9-4^(U]!+;6?[JR\-Z3Y,47]EZ7:_NK"UBBM(HHHO*B\J+]U%%
M%7Z"?M.>-OV.OACXNO/V._BWH?\`PKS3[^'1KGXA:CX9T>UCOK^6_NHOM6GW
MTMI%+:Z5%812_;XK"UBNHO\`18O-NO-\V*7YW^*G_!);XFZ#H%OXQ^#OQ5T3
MQCH__"-ZSJUY=_NK+RHM,U"*UOKJ*6666*6U\J6*_BEEEB\VUE\WRJ`/F/X9
M?$?Q?\(?B7X?^+/PZU233M?\+ZO:ZKH^H10>;]ENK67S8I?WO[K_`)9?\M:_
M5[PQ_P`'=/QUT_PY9V7BO]C/PG>ZI%#_`*;=Z;XENK6VEE_Z91RQ2^5_W]EK
M\]=>_P"";_[:7A7Q1J'@[Q'\!]2TW5-+^U27D.HS6L<445K=112RRR^;Y444
M7FVTLLLO[J**ZBNI9?LLL4M>J>&_^"6G_"D[63XF_MZ^/['PMX7L-!EU&\\/
M:3K'E:QJD7E>;%%IES=Q?V7JLO\`JI?*M;Z67RO^>5`'WM\#/^#J;XB?%WXC
M6G@35?V/O!UC!=Q9N[[5_B]I^B16D7G11R3>9JOE0S$>8,6IDBEEQ_RRK]6?
MV5_C8_[1/P-T/XV16T,46L?:?+BM;R&YCQ'<R0Y$D$DL1_U7_+*66/DXEE&)
M#_,Q\2/^"A%C\//!MQ\'?V']*U+P+X3OX8I/[1TG7O$>B77_`"R\W_0?^$DO
M[7S9?*\KS?\`6_\`7+RJ_H+_`."(O_**/X(_]BC_`.W,U`'AG_!5[_@NU+_P
M2_\`VCM'^`;_`++/_"=-K'@NVU]=6_X3O^S?)\V[NK7R3%]AFSS:_P"MS_RU
M`[5_-W7ZB?\`!V?_`,I%O!?_`&1*P_\`3KK-?EW0:'5_`GXOWW[/WQP\&?'O
M3-#CU*\\$^*M+UZST^0XCNI;&ZBNHHO_`"%7]C?AWQ'HGBC2+3Q#X;U.VO;"
M]M(KBSO;2;S8KB.0`QR)(#B1"#G-?Q<U_2S_`,&Z7[:%G^U)_P`$_-%^&^NZ
MM;-XJ^$9B\+:Q8Q>5'(+"*'.F3>3$?W<7V51:^9)_K9;"8T">Q^@]%%17/W:
M"#^*3_IO_P`\OWE?UX_\/+O^"=/7_AOKX*?^'4T?_P"2J_&K_B'*_8U_Z3J?
M"W_P0V'_`,OZ/^(<K]C7_I.I\+?_``0V'_R_H`_93_AY;_P3I_Z/Z^"G_AU=
M'_\`DJOP;_X.6_#E_/\`\%"-/^-6EZ_;:[X4^(WPYT?5O"'B#3I/M%C=6WEF
M(QQ7/^JESY7G?NO^65W%_P`]:]0_XAROV-?^DZGPM_\`!#8?_+^OU+U?_@F=
M^R/^U;^PI\-_V8?C-%IOC_1_!W@?3=+\+>/=%D-O<QFVL8K8:A8S1RR^2)?*
MCE\GS)8I/+`D\T"@#\?_`/@EG_P1>T7_`(*(?LUV7Q*^'W_!3.Z\):O8W$EK
MXC^'L/@Z6YNM!)NY?*\W_B:1>;%+%%YL4OE>5_K`,F.6I?VKO^"1?[$'[+GC
M^W^%_P"U7_P7#CL?$45I]H&E3_!35-6N;&&7O)]DU"7[*/\`KK7T;\1?^#07
MP[<>(]1U#X/_`+<M]8Z5+>>9IFD^(?`<5U+:Q?\`/*6YANHO._"*.MWX+_\`
M!I!\&_#_`(OM]3_:!_:YUKQ;HT/[V?1M`\*QZ1)-+GI)<RW5U^[_`-9_JHHI
M>>)8^E`'E_PP^/?A?_@D/_P2`\9_%W]@']JN+XQMX]^+\7AS2O%FH_#FZT"+
MP[JG]E237-T+6_\`-^UR1VMM'Y>?W7FB(8E\N6*7PG]@+X.?\%!O^"Y?Q#\;
M>&_B5_P4?\5:-IFAQ0:AK,.I:[<WI,MU-+S8Z1%-#:F(21&.7_511"2/`/2O
MW(^+?_!-+]D#XT_L@P?L1:W\*[/2O`MC90IX=@T6WBCN="NHA(([ZUEE67_2
MLRRGS9?-\WS9?-\T2RB3\WE_X-'M:\-^*4\1_#O_`(*(7NDM%/)]BFM_A_+'
M=6L7_+/,D>J#S91_SU_=T`?)O_!6[_@D-^SI_P`$O/@%X7O?^&L;_P`:?%C7
M?$<,<6B3Z;#IT7]A>5-YUS]A!FER)8K:(R^;C][_`*JOJK_@SOZ?M$?7PE_[
MFJ[VW_X-0?V<G^!.I^%M=_:,\0:C\3=0N8Y++XB76DG[+8#[29I-FF1W(\PR
MQ#RC)+<DB7][%Y7,4GK7_!+#_@B5\7O^"6?QFO?&'A?]N"W\5^%/$]HMKXN\
M'R?#(V7VXQ12FVECN1JDODR122=3%)F.65>I$L8!^2/_``<4_P#*8OXP?]P'
M_P!1_2J_H4_X)J7$1_X)U?`!H#')&?@IX7_>PO\`N_\`D%6M?*7_``4\_P"#
M>+X4?\%"/CW<_M->&_CWJW@+Q9K,=O;>(_,T-=6LKU8H(K:*9(C-#)#*(HHA
MQ*8OW0/E"0^:+7_!)_\`X(/3?\$O_P!H?6/CO:_M5CQO'K/@^709](/@7^S3
M#YMU:W)F\W[?+WML>5Y>/WIYXH`_GN_9I!_X:,^'\$_^K_X3;2__`$KBK^RB
MOQF^%O\`P:57/PU^(6B?$!/V_P`7S:-K-MJ*V;?"CRA,8I?-$1(U0X&>]?LS
M0!_(=_P4U_Y2,?'S_LMGBC_TZW5?>G_!VS\+O&&F?M8_#;XY7L,?_"-ZQ\/_
M`.P;.5&R1?V5_=32Y]/W=_;?AYA_Y95[S^TO_P`&K,_[1/[1WCOX_#]O`:0/
M&_C;5=>.DGX6?:?LOVZ[EN1$)1JD0E,9EXD,8/ZU^E_[4?[*OP)_;$^$DWP:
M_:+^'EOXGT.6^BN8K>X:5)+6ZB8F.YBDB*R0RC)7<F,QR21G,<D@(!_/C_P2
M6_X)6^%?^"D7POU.'PK_`,%%YOAQXLT+5)!J7PX'AHW5U]E_=?\`$PB_XFD7
MFQ?O?*\WRO\`6Q?]<JP_^"HW_!-#P7_P3S\>^&?AQ\2OV^;CQAK&KZ?+J(M+
MKPA+'+8Q>9Y44OE?;[K_`%O[W_GE_JJ^WOB?_P`&BO@*]UR:7X&?MI:SH^D_
M9T-KIOBSP;%J5UYH[R74-U;#GT^SU\_-_P`&X'Q$\+?ML>#_`-G+5OB;K'B7
MPUJ%M:ZOXG\36/A:2PM[:R\V4W,/VGS98Q+B+RXNXDEBX\H8K'%3?)H>WD5*
M%7'-N,9<D)2][W8^G2[\CVC_`((D?!?X)_#_`/X)M_M4>/OA+^T?_P`)WJ/B
M/X:O%XITF+P5?Z;%H4MK8:T8H?M-W^[NY9(K@&7RO]5@=I8Z_-G_`()2:=;Z
MM_P4P^`]GJ$7F1#XJ:-+Y1_YZQ744L5?TV>$?V%?@E\'_P!DC6OV//V>?"=C
MX*\/:SX:OM)Q;6IN@)+JV,,EU)YLGF7,N#UDDR<`$X%?GY^R)_P:XW/[+/[4
M?@3]HX_MT_V_'X'\1VVK?V*WPR-K]O\`*E\WRO-.J2^4/<1FMHI\IY%2HJM:
M<S]=Z***#,****`"BBOS1_X+P?\`!9#XF_\`!/#3=/\`@A\"_A5J4?BOQKH<
MUSHWQ!U:R_XDU@/,DAE^S?\`/Y?Q8\WRC^ZA\VUDE\T2^50!X5_P<X_\%1M-
MT?PV_P#P38^#NJ3OJ-^+6]^*5];3CRX+0XFMM*('[S,I\J67_5_NO+B!E\Z4
M1?%W[-V@>'/^"=?[)>J?ME^./^$[_P"%@>-]-ET7P?HEI#+HEC%:W7[VUEEO
MOW5_=^;Y7VKS='E_U5K%:RW47VKRJ\[_`&%?V;[[XM:SXD_;N_:4T/QCK?PW
M\$:E_:/C#QEITVC7-U?ZSYOVK_2?[;NO*N_WLOFR_NKJ6666*+RO-NO-KS_]
MO#]KK5?VS/CQ>?$V"#Q)I'A^+]WH/ACQ#XPNM7^P?\]9?]+E_=2RR_O?*B_=
M?ZJ+_EEYLH!XW>7E]J-_)?7U])<W%U-YDUW=S>9+++_SUEEKI/A[\;/C%\))
M8S\,OB;JVB6\6I?;8;2TO)?LOVKRI8O-EB_U4O\`HLMS:_\`7*66+_52RQ5R
M]%!H>^3?\%1/VZ+S3X]*G^/VI?\`+A_I<6FVL=]YMK%]EBNHKGRO-BNOLLOV
M66Z_UMU%^ZEEEBB\JO"]8U_Q+XKUJ\\1^*M<N=2U2_O);F\U'49O-ENI99?-
MEEEE_P"6O[WS:KT4`%?U8?\`!$&ZMKG_`()1_!1K6;S$3PKLS_V]2U_*?7Z,
M_L5?\''?QT_8C_9<\)?LM>!_V=/">M:9X1LY8X-1U74[KS9?-NI;K_EE_P!=
M:#,Z;_@[/_Y2->#O^R*:7_Z>=9K\P*^A_P#@IE_P44\;_P#!3CX[:/\`'WQ_
MX`TGPW>:7X/M=!AT[1)I98I8HKJZNO-_>_\`7S_Y"KYXH-`KZ>_X)+_\%%O$
M?_!-?]JO3_C!+<:E<>#-3,.E_$#1+2<B*ZTR2;B7]Z1']IM?];$.X\V'S8O.
MKYAHH`_L\^'_`,1/`_Q1\%:7\0_`'B2QU;0M:T^'4-&U33YA)%=6TL?F12QD
M>L9S71OT_&OYI?\`@BM_P6=^,/["OBG3_P!F3Q%X1\0?$'X:>(M9\O3/!VE1
M?:=7TK5+F4_\@C_GKYLO_+A_RUES+%Y4OF_:OZ5X9A+#YVV@S/XHS_'7[7_\
M0=X_Z2'M_P"&F'_RUK\4/]=+'!//^[_Y;5^L'_#)7_!V#_T,?Q1_\/=HW_R?
M0!Z9_P`0=P_Z2'M_X:7_`.^E?IW\(M$^&/\`P3I_8L\'^`?C)\:-&M=`^'7A
MBPT>]\8ZL4TRUE,2QPI-LDEE\GS9/+Q'YDG,@YZ5^67[*?[,'_!RUH7[37PZ
MU;X^^(_B/)X(LO'>D3^,(KKXO:5=12:9'?1?:O-BBOS)+%Y/F_NHQ7T[_P`'
M#'[,7P1_:(^'7@[6?VF/^"A6F?!7P7X7EO[DZ5>>&)=6DUZ^D$40EAM(KN*6
MZEMHO-_U44DD45S-G$4LN0#:\<?\'.?_``2T\*:HFF:%XO\`&7B=3;^:]]H'
MA"6**+V(U`VTG_D.NJ^"W_!Q#_P2F^,NH6>AR?M%2^$]3OY_+AL_&.@W=C'%
M_P!=;HQ&UA_[:2BOR9_9X^)G_!O'^R7I=YX0^,O@GXF?M%ZY+>2R0^/+7PK_
M`&3816LL7_'K'8W>LQ?]-?WLL7F_O:^2?VXOB%^QW\3OCO>>*OV&?@1K?P\\
M"?8HH[31/$.NRWMS=2_O?-N_];+]D\W_`)Y>;+_JO-_Y:^50!_7GIVHZ?JEF
ME]97$<UM-#OAFBE\Q)(_4&OE3]JK_@M;_P`$Y?V0?%>H_#GXL?'ZVN_%&F6\
MKWGAGPG:2:E=PR122Q212R0YAMI@8S^ZFECD]J^"=._;D^*O[+7_``:Y?#SQ
MIX8\=ZY;>+_%=]?>#?#7B*"\F^TZ9$=8U0?NY>)(O*L+&6**2+R_)Q"8O]4*
M^$_^"'O[!7PI_P""AG[:[?"3XU:U?Q^%_#7A>Z\2ZAIVFJ8Y=9,5U:VWV0R_
MZR"+_2?WICQ+F(#J1+$`?L3X+_X.>_\`@ECXHU)]-U[QAXU\,Q!,KJ&N>#I9
MHF/IBP-S)_Y#KZ8UC_@H?^QMI7[*VI?MG6?Q[T?4OAGI2VL>H>)M">:_%G-<
MR6T<44L-K')+%+FZMLPF/S8_-&8Z^,?V[?\`@V?_`&-/B#\!;[0_V&OAU;_#
M[XE)-;OH>M:IXTU22PN$66+S8;KSC=D1&+S<>5%YGFB/)\LR`^<?\$V_^#>S
M]I?]GGQ5XQ^%_P"VCXB^'?C+X*?$3PW'IWC7P3X>\7:RDMU=6MW%?6%V,6MK
M^]BEB_UOFY_>RT`?#_\`P53_`."LOQV^(G[>7CWQ?^QE^W3\2;7X9W[:;_PC
M<'AWQAK.E6L0CTNUBNC';>9#Y1-U'+G]UW\WGS<U^R7_``27_P""G/[-?[6'
MPC^'G[-GA/X_WWBWXM>'/A)I=YX[MM1T[53<&6VM;&UOKJ6]NK8174OVJ8<B
M60R^9YN2#Q^"W_!93]G'X/?LF_\`!2KXF?`+X!>%/^$?\'Z#_8_]C:3_`&G=
M77V82Z+874A\VZEEEYEED-?L_P#L7?LI_LD?\$]/^";%I_P4X^#'P-@L?B6_
M[+4.M:[J%WXEU.XBU6631K2_EBDBEEECB$MU;19\J/M0!]-_M=?\%0/V'OV%
M=0M]$_:;^/VGZ)K-S"9[7P[:V=U>ZD\?[PQRO;6<4LD43^5*!-*(XLC&>M?)
MD_\`P=>_\$YH]2DLHOAI\798H[S[,+T>'=,\J3_IKC^T/-\OW\NOQB_9`^#7
MC_\`X*G_`/!1?PO\,OBW\1KVYUCXE^)+J]\5>)[S]Y<^5%%+=77E?]NMM+%%
M%_JHOW7_`"R_=5^_=G_P;R?\$AK7PHGA=_V4VEP>=0E\7:R;KS?*\OS?,^U>
MG;_5^U`'IO[(G_!4[]A7]N34G\)?LY_'W3-5UQ+,3S^&KR"73]2)P7E\JWNX
MXS<B//[R6'S(P1UYKN?VL?VSOV<?V%_AY9_%K]J3XC_\(OX>O]9CTFUU'^R+
MJ]$EY)%-+'%Y=K%+*28[>4YQCCZ5_,!^W[^S_>_\$T_^"C/C#X,_!7XAZP)/
MA]KUCJ/@_P`0/(8KJ+S+6UOK;S9(O^6L7F1?O8O*_P!5_P`LO]57Z4_\%N_V
MCM4_:X_X(+_`']HK6Q#_`&IXE^(6C7&KF&#RX_M\>E:S%=>7'_SS\V*7ROPH
M`^]/!?\`P6P_X)A>,/A3XN^-&@_M4:<GASP1<6,'B35-1T#4[-DFNC<FUBBB
MFM8I;N646MR_EVT<I_<R_6N"\'?\''W_``2Q\476L76H?$[Q'HNFZ.88V\0Z
MIX'OY+6[,OF^7Y7V6*64?ZJ3_6QQ=*_&7_@BC_P2ZT?_`(*<?M!ZQX4^(7BO
M5M&\#>#]$_M#Q!=Z&8_M5S)+(8[6UB\T'RN1))YICD'^B^5Y?[WS8_V*\(?\
M&Z/[#?PG^#GQ/^%GPYU;QC+)\2O!<N@75WXBUG[5'8GS8KJVNHXH8HA)+%=6
MUM+U_P"65`[L]T_93_X*M_L'?MQ_$NX^#W[+'QV/BC7K31I=5O;4>%M5LO*M
M(Y8HC*9+NUBC)\RXB'EYS\QXKV?XO_%'P1\#?AEKWQ=^)&M#3?#_`(9TBZU3
M6]3,,LOV6VAB,LDOEQ`R28Q]Q`2?KBOY3?V5/BY\2_\`@E__`,%(/#?C;QEH
MEW:ZQ\+O'$NG^-=$@:.YEEMAYMAJ<4>)O*FD\J2Y\J7_`*Y2U^N7_!T9^V]H
MWA3]C/P;^S?\/M>LM2D^+.H1:K>R6=Q%<176A6/E749CD!\S][=?998I8L^;
M%:76#0(^L_@G_P`%K/\`@FQ^TO\`%O0O@E\`_P!HBZ\1^+/$-P8-*TRT\!Z]
M$)9C"9L,\MD(HAY44DIDD.$CBD/`SCZ\K\3O^#5#]@5;:U\3_P#!0KX@^&8S
M)*)?#OPW-U:<^7D?;K^+S8>G^KM8I8I<_P#'_%)7[8T`%%%%`!7C7[87['/P
M)_;M^!FI?L^_'_PHM_HU\WG6EU;#R;W2KX!A%?V4I_U-Q'YCC.#D221R"2*6
M6.3V6B@#^2[_`(*,?L.?M4?\$U?BI>?LR_%3Q)J]]X+U34I=6\'ZM:>;%H_B
M.+_5?:HXO-\J&ZB_=12Q?ZV+]U_K8I8I9?G"OZ^/VR/V,O@9^WI\#=6_9\_:
M!T"._P!'U`BXT^^MAY-_HNHQ`B*_LI<9BFC\Q_FY!$DD4@DBEDB/\Q7_``4*
M_P""<?Q]_P""=7[0G_"D?B7I4FK:?JDTLG@3Q5I]I+]F\3V/F_ZR/'_+U^]B
M\VU_Y92_\]8I8I90M.Y\^5[3^RM_P3E_;=_;4A>__9H_9S\0>)-+C>11X@58
M[+3"8_*\V+[==2Q6OF_O?]5YOF_],J_6C_@D=_P;?^!_!GA_3OC_`/\`!1'P
MI;:_XCN_*N=(^&%Z#)8:6,^9_IW_`#]R_P#3K_J8@98Y/.\S$7Z]Z1I-CH&F
MP:7I5G#;6UM"D<%M:P>7%&@Z(B#ITH"Z/PA^"?\`P:4_M/Z\]Q+\?OVIO!7A
M(<?8D\,:9=:Y++G_`%OF^;]@\G_MG++7KGA+_@T)^&=K9NWCK]MS7=0N9?\`
MEII7@B*RC'_;.6[EK]EJ*"#\>-1_X-#_`($W%L18?MD>+8K@?ZN67PW:R1?]
M^_-KSSQK_P`&A7CBST&\O_`7[=NFZCK&/^)=::M\-Y;*VE[_`+R2&_E\K\(J
M_<JB@#^7C]I7_@WN_P""GW[-5L^M?\*9MO'^F6T,4DNJ_#/4O[1/FRR^7Y/V
M7RHK^7_ME:^57Q5>0SV=U)8SCRI(IO+FBE_UL4M?VN5\?_\`!1/_`((^?L@?
M\%(=`N-5\<>%D\.>/8K8PZ+\1M#LP+^"4<1_:0<?;X1Q^ZEY$9E$4L/F^;0!
M_*_5SPWX;USQ?KVG^%?"NB7VI:IJEY%9:;I^G6<LLMU+++Y44447_+667_EE
M%_RUKUC]K7]A#]I7]C+]IJ3]E?XL^`YKGQ+=31_\(V-#@EN8_$45S+Y5M+8_
M\M9?-E_=11?ZWS?W7E>;7[C_`/!#O_@B)HO[#OANT_:5_:4T:#4_C+K%FY@M
MI6%Q#X/CEC\J6&(Y\N6^DBQ'-=XZ9AAS'YLMT&A+_P`$/_\`@A[HG["FBV?[
M1W[1NBV>K?%[4K20VT!G%S#X2BFB,4L,4F?+ENY(L1S748Q@^5%^Z\V6Y_3"
MBFR1B08-!F?Q0_\`3Q^M?VP5P;?LV?L\H\<L/P'\%1O&=^5\+VG_`,:KO*`"
MOP!_X.ROAU\:$_:Q\"?%J^\-:F_@&3P!%I6GZV5E%C'JD=U?S7-M_K?W4IA\
MJ7CRO-BB/^M\FOW^K$\3^%O#OCC0KOPIXO\`#UEJ^EW\$D%_IVH6<=Q;7,?_
M`#SECDR)![8Q0!_/C_P2L_X*C?\`!)']C/\`9QTKPO\`M"?L):EK?Q/TS4KV
MYN_&^G>"]'U:66*2;_1O+NM0NHI8O*B\J+RHOW7[KS?];++7S9_P5S_;-^+/
M[>_[3FG_`+27CWX0ZEX,T/4/!UK;_#NQU"RE$EUH44LLL5V)/*B^U"6ZDN?W
ML7[K_EE_RRK^E#P__P`$\/V!O#'B&Q\5>$_V(?A'I>IZ=<?:-/U'3_AMI<4U
MK-_STBDC@'EO[BO1?&'PK^&GQ`>VG\>?#O0=:EM(]EH^KZ1#<^7GLGF@XH`_
M(;]F+]D[3/\`@I!_P;1^'_V;_A+K^AZK\0O!.IZIJND:1%JT9EL=8BUG4)8[
M6Y_>CR);FQN9(HC+Y8_TJ*7B*OSE_P""?7[8_P`6?^"/'[9^H?$7QI\#;VYO
M(M'NO#GB_P`$^((9=-OQ:RBUNO*'FQ?N9?-CMI?WL7^J_P"NOFU_4QX+^&WP
M_P#A]!<6_@+P+I&B1W)WS1:3IT5L)#Z_NL5@_%[]F3]G3]H**R'Q[^`/@GQN
M=-WG3F\8^%+34OLI/>/[5%)Y?X4`?C-_P4'_`.#HVT^,GP2E^%G["OPY\8>"
M?$&J_99+SQKK][;6UQI9BFCE\JVBM99?-\[R_*\V62+]UYO[HU[O_P`&_L__
M``50^-_BG5/VF_VS_CIXSO/AVV@&#P5HGB%?*.OR3&&2/48H\<VOE;_+E_Y:
M^:/+_P!5)7WWX/\`^"?_`.PMX`\36'C;X??L8?";0M9TN8RZ=JVB_#C2[:YM
M)L?ZR*2*$&-_<5[/0!_,!_P<9>$?%'AW_@KI\3-;\0^';ZRLM>M="OM(FNXO
M+BO[:/1K"V,L4O\`RUB\ZVEB]I8I:_33_@E#_P`%$/V</^"E7[*%M_P2>7P5
MXVT/7=&_9W_L'Q9JWE6HL9-/BM+71Y9K&Y\PR^;FYBEC\VV'!_/])/B3\*_A
MK\7O#4O@[XJ?#O0O%&D3*/.TGQ%I$5[;2_6.8&//X5S'PF_9%_97_9]U6?Q!
M\!?V:?AYX*U"ZM_L]WJ'A/P38:;++$.?+>2VBC)0<<&@#^8?QO\`!_\`;;_X
M(I?MJ:'XX\5>#Y=&\0>$]=EN?!_B*2&672/$]K%^ZE\J6+RO-BEM9?*EB\V*
M6**Z_>^5+7ZBV/\`P=R_L\2_"D:G-^R#XVB\9R_ZG0QXCM9-+_\`!E_K?_)6
MOUA\:^!/!GQ&\,W7@[XA^$M.\0:1?0^5J&E:WIT5S:W,9[2Q2@QR?E7EW_#L
MS_@G1MQ_PP'\$_\`PU6C?_(M`'\U]KX+_;(_X+<?MY:QXL\+>"8M1\5^-M8B
MDUZ[M+.6+3/#EK%%%%%+<R?\LK6*UBBB_>_O9?*_Y:RR^5+^FW_!P_\`L_\`
MA;]E3_@C%\&?V=_!TXN=.\(?$71-+%TUKY;7TL>BZKYMW+&#CS)9?,ED_P"N
MIK]:O`GPZ\"?"WPE:^"OAKX'TGPUHMC`4L]%T'38K.UMAZ1Q1`1Q_@*=XO\`
M`G@[X@:8FB^-O".F:W;)()!::OIL5Q$)/^>GER?C0!^*/_!H#_R47XZ?]@'0
M/_1U_7[FUSG@_P"&7PZ\`/<2^!/`.B:(UV?]+&D:1%;>:?\`;\L#-='0!^"O
M_!U+^PB?`7Q,\.?M^>`=%8Z=XP6+0?&VPDI%JEM%_H%V<RYS+:Q>5^[B\N+^
MSXL\RU^=O@D_M-?\%&/CO\*_V>Y?%$OB#Q!_9NE^`O!/VNS_`'>EZ7:RR^5Y
MOV6+S?LMK%+++++^]_=12U]>_P#!33_@OY\<_P!O#X1:Y^Q?H_P!T7PMH>J:
MO';:Q=6E]+J5]?\`V:[BFMHK8>5%Y1\Z.+_EE+7UC_P;2_\`!*3QO\&;O5/V
M\?VHOA3J'AWQ%J%M+I/PX\.^*-%%O?:?;R<WNHRQ31^;:2R$?98L>4?*^T_Z
MV*ZB-`'UPO[1OPB_X)L>(-!_83\"_"C7=8\/>#_AOX3A\.:3X=T^Q34]3O\`
M5];ET>VWRRW5K:^;-=1>;++)Y7[V620R?O,5W_[-_P#P4:^&W[5?CJP\%_#;
MX-?$:"UOO"5AK3>)M2T*(:7I\UWI>GZG#IES+#+*8;K[+J=M)B2,0G][Y4LG
MEFN[^('[)'[/WQ4^*7_"ZO'GP[.I^)88=%MHM0_M:[C$<>F:H=4L1Y<4OECR
MKJ3S3Q^]Z29CXKD_`W_!-+]D+X>>*QXW\"?#K5='UF+PB/#FGZA9>,=4CET^
MP_L^TTS-L_VH^3<_8;&QA^U1XF_T6/\`>\4`?1%%%%`!1110`5QOQ&^$_P`/
MOBH^AR?$/P%HNN2^&O$$.M^'I=:TF&Z.F:E#D17=L91^ZN8_,?RY0,C-=E10
M`4444`%%%%`!1110`4444`<7XJ^$/PT\<>._#OQ/\2>`=&U#Q'X0:Y/A37]0
MTJ*XNM+^TQ^3=?9I3^\A\V/]W)C&1]*[2BB@`HHHH`****`"BBB@`HHHH`**
E**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`__V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
