| A.   | Purpose |
|----------------|---------|

| B.   | Composition |
|----------------|-------------|

| 1.   | Each      member will be “independent” as defined by the rules of The Nasdaq Stock      Market (“NASDAQ”) and the United States Securities and Exchange Commission      (the “SEC”); |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Each      member will be an “outside director” as defined in Section 162(m) of the      Internal Revenue Code of 1986, as amended, and the regulations adopted by      the Internal Revenue Service under suchSection; |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | Each      member will be a “non–employee director” as defined in Rule 16b–3 adopted      by the SEC under Section 16 of the Securities Exchange Act of 1934, as      amended (the “Exchange Act”); and |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | Each      member will meet any other requirements imposed by applicable law,      regulations or rules, including, without limitation, any requirements      imposed by NASDAQ. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| C.   | Meetings |
|----------------|----------|

| D.   | Functions |
|----------------|-----------|

| 1.   | Compensation      of Employees |
|----------------|--------------------------------|

| a.   | Officer      Compensation |
|----------------|---------------------------|

| ·   | Reviewing,      monitoring, administering and establishing the compensation of the CEO      and, in consultation with the CEO, the “named executive officers” (as set      forth in the Company’s proxy statement) and other officers (as defined in      Section 16 of the Securities Exchange Act and Rule 16a–1 thereunder) of      the Company (the CEO, named executive officers and such other officers,      collectively, the “Executive Officers”), including salary, bonus and      incentive compensation levels, deferred compensation, executive      perquisites, equity compensation (including awards to induce employment),      severance arrangements, retirement and other post–employment benefits, and      change–in–control benefits; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Establishing      incentive compensation plans for the Executive Officers, establishing      targets and incentive awards under such plans and making any      determinations required to be made by the Board or a committee of the      Board under such plans; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Evaluating      officer performance in light of those goals and objectives, with a view      toward encouraging extraordinary effort and performance;    and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Reviewing      and approving the terms of offer letters, employment agreements, severance      agreements, change–in–control agreements, indemnification agreements and      other material agreements between the Company and its Executive      Officers. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b.   | General      Compensation Goals |
|----------------|---------------------------------|

| ·   | Reviewing      and making recommendations to the Board regarding general compensation      goals, guidelines and policies for the Company’s  employees. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Plans      and Programs |
|----------------|-------------------------|

| ·   | Making      recommendations to the Board regarding adopting or amending equity      incentive plans (including changes in the number of shares reserved for      issuance thereunder); |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Administering      the Company’s stock plans, granting stock option, stock appreciation      right, restricted stock units and other equity awards and approving      modifications of such awards; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Periodically      reviewing the Company’s guidelines for stock option grants under the      Company’s equity incentive plans and recommending any proposed changes to      the Board for approval; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Overseeing      the administration of other material employee benefit plans of the      Company, including the Company’s 401(k) plan;  and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Reviewing      and approving policies and procedures relating to the perquisites and      expense accounts of the Company’s Executive  Officers. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | Compensation      Discussion and Analysis |
|----------------|-------------------------------------------|

| 4.   | Other      Functions |
|----------------|----------------------|

| ·   | Reviewing      and assessing the adequacy and scope of this Charter periodically and      recommending any proposed changes to the Board for    approval; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Reviewing      the performance of the Committee, not less than annually, and reporting on      such performance to the Board; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| ·   | Having      the authority to retain compensation consultants (who shall report      directly to the Committee) and independent legal, accounting and other      advisers, as the Committee determines necessary or appropriate to carry      out its duties; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Considering      whether Committee members are provided with appropriate background      information and training and, when necessary, seeking such information and      training from the Company’s management and/or other third–party      sources; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Determining      appropriate funding, which the Company shall provide, for payment of (i)      compensation to the compensation consultants and other advisors engaged to      aid the Committee in carrying out its duties hereunder and to any      third–party sources providing background information and/or training to      Committee members, and (ii) ordinary administrative expenses of the      Committee that are necessary or appropriate in carrying out its      duties; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Regularly      reporting its activities, findings and conclusions to the full Board,      including providing copies to the Board of all approved Committee meeting      minutes; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Performing      such other duties as may be requested by the Board or as assigned by the      Company’s certificate of incorporation, bylaws or applicable law, rule or      regulation. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| E.   | Delegation      of Authority |
|----------------|------------------------------|