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EXHIBIT 1
 
DIRECTOR OPTION TERMS (amended December 3, 2008)
 
Name of
Grantee:                                                                Timothy
Redpath
 
Date of
Grant:                                                                January 1,
2006
 
Number of Shares
Granted:                                                                           73,833
 
Exercise Price:                                                      $0.01625
 
Type of Option
(Qualified or
Non-Qualified):                                                                           Non-Qualified

Vesting:                                                      24,611 shares have
vested prior to December 3, 2008
 
 
49,222 shares have vested on December 3, 2008

 

 

 
Amendment of Option Terms agreed to by Grantee:
 

 
___/s/ Timothy Redpath_________________
 
Print Name: Timothy Redpath
 

 
 

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