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The Board shall have the power, without shareholder approval, at any time and from time to time, either
prospectively or retrospectively, to amend, suspend or terminate the 10% Rolling Stock Option Plan or any option
granted under the 10% Rolling Stock Option Plan provided always that any such amendment shall not, without the
consent of the option holder, alter the terms or conditions of any option or impair any right of any option holder
pursuant to any option awarded prior to such amendment in a manner materially prejudicial to such option holder.
Additionally, such termination shall be subject to any necessary stock exchange, regulatory or shareholder approval.
The 10% Rolling Stock Option Plan was initially approved by shareholders of the Company at the annual
and special meeting of shareholders on December 2, 2011.
Equity Compensation Plan Information
For information in tabular format regarding those securities of the Company which have been authorized
for issuance under equity compensation plans as at December 31, 2015, see Part II, Item 5. Market for Registrant’s
Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities – Equity Compensation
Plan Information.”
Outstanding Equity Awards at Fiscal Year-End
The following table sets forth the outstanding option awards held by the NEOs of the Company as of
December 31, 2015. All grants were made under the 10% Rolling Stock Option Plan.
Option awards
Name
Number of securities
underlying unexercised
options
(#)
exercisable
Number of securities
underlying unexercised
options
(#)
unexercisable
Option exercise
price
($)
Option
expiration date
40,000
60,000
0.32
1/22/2020
75,000
-
1.24
12/17/2018
85,000
-
3.61
12/20/2017
Randall J. Scott
200,000
-
4.14
12/15/2016
20,000
30,000
0.32
1/22/2020
50,000
-
1.24
12/17/2018
50,000
-
3.61
12/20/2017
100,000
-
5.14
12/2/2016
Jaye T. Pickarts
250,000
-
10.53
3/16/2016
20,000
30,000
0.32
1/22/2020
50,000
-
1.23
6/12/2019
Paul H. Zink
50,000
-
1.24
12/17/2018
Option Exercises
There were no options exercised by any NEO during the year ended December 31, 2015.
Pension Benefits and Non-Qualified Deferred Compensation
The Company does not have a pension plan that provides for payments or benefits to the NEOs at,
following or in connection with retirement. During the year ended December 31, 2015, the Company did not have
any nonqualified deferred compensation.