EXHIBIT 10.72

 

EXECUTIVE COMPENSATION ARRANGEMENTS

 

Each year, the Compensation Committee of the Board of Directors considers
whether to alter the base salary of our executive officers. In addition, the
Compensation Committee determines bonus awards, if any, to our executive
officers for the fiscal year.

 

Listed below are salaries and bonuses for our executive officers that were
awarded during fiscal 2004 and the salaries that have been established for
fiscal 2005. Bonuses for fiscal 2005 have not yet been determined.

 

Executive Officer

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   2004 Salary

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   2004 Bonus

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   2005 Salary

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Thomas Brown

   $ 237,500    $ 87,500    $ 237,500

Jon A. DeLuca

   $ 225,000    $ 150,000    $ 275,000

Edward Granaghan

   $ 167,100    $ 70,000    $ 200,000