**Exhibit 10.26****Summary of Directors’ and Named Executive Officers’ Compensation****Compensation of Non-Employee Directors**On July 21, 2005, upon recommendation of the Compensation Committee of the Board of Directors, theBoard approved changes in fees payable to non-employee directors for their service on the Board.These changes were made retroactive to May 5, 2005, the date of the annual Board meeting in 2005.For service on the Board, non-employee directors receive an annual retainer of $16,000. Thenon-employee Chairman of the Board receives an additional annual retainer of $24,000, and theChairmen of the Audit, Compensation, Corporate Governance and Investment Committees of the Boardreceive additional annual retainers of $10,000, $8,000, $6,000 and $6,000, respectively. Inaddition to these annual retainers, Board members receive a fee of $1,000 for attendance at eachBoard meeting and a fee of $750 for attendance at each committee meeting.Pursuant to the Company’s 1995 Long-Term Incentive Compensation Plan (the “1995 Plan”), the Boardwas permitted to make grants and awards under the 1995 Plan to non-employee directors from time totime through October 14, 2005, the last date on which any awards are permitted to have been grantedunder the 1995 Plan. The material provisions of the 1995 Plan are summarized in, and a copy of the1995 Plan is attached to, the Proxy Statement of the Company, filed with the SEC on March 22, 2002.Such summary and exhibit are incorporated herein by reference. In July 2003, the Board adopted apolicy regarding stock option grants to directors, pursuant to which 5,000 non-qualified stockoptions are granted each year to each of the non-employee directors, unless otherwise determined bythe Board. On October 10, 2005, the Chairman of the Board of Directors received 10,000 options,and each other non-employee director received 5,000 options, under the 1995 Plan. These optiongrants were made with an exercise price equal to the fair market value of the Company’s CommonStock on the date of grant, were immediately exercisable, and remain outstanding for a period often years.**Compensation of Named Executive Officers***Base Salary*In 2005, the Company’s Chief Executive Officer and the four other most highly compensated executiveofficers of the Company who were serving as executive officers at December 31, 2005 (the “NamedExecutive Officers”) earned the base salary set forth opposite his or her name:       Name Title 2005 SalaryMark B. Peterson CEO and President $312,393 (1)Richard A. Bair, Jr. EVP, Engineering $171,761 Carol M. Franklin EVP, Research and Development $188,212 (2)Samuel C. Knoch CFO and Treasurer $197,091 Gregory B. Quiggle EVP, Marketing $239,393  (1) Mr. Peterson’s base salary is established in his employment agreement (describedmore particularly below) at $315,000, and was made retroactive to January 17, 2005,the date he was appointed Chief Executive Officer. (2) Ms. Franklin’s salary for 2005 reflects a 10% increase, which was approved by theCompensation Committee of the Board of Directors and made effective November 8, 2005,in connection with Ms. Franklin’s assumption of an assignment at the Company’sSarasota offices. The increase will remain in effect for the duration of theassignment.On January 27, 2006, the Compensation Committee of the Board of Directors approved a threepercent (3%) increase in the base salaries of the executive officers reporting directly to Mr.Peterson, including Ms. Franklin and Messrs. Bair, Knoch and Quiggle, effective as of January 1,2006.*Bonus*Each of the Named Executive Officers is eligible to participate in the Company’s ManagementIncentive Compensation Plan (the “MICP”). A description of the MICP is provided in the Company’sProxy Statement filed with the SEC on March 8, 2005, and is incorporated herein by reference.In addition, Ms. Franklin may be entitled to receive up to a total of $10,000 in additionalperformance-based bonus payments pursuant to the compensation arrangement approved by theCompensation Committee of the Board of Directors in connection with Ms. Franklin’s assignment tothe Company’s Sarasota, Florida facility.
 

 
*Long-Term Incentive Compensation*In addition to the foregoing compensation, prior to October 15, 2005, each of the Named ExecutiveOfficers was eligible to receive grants under the Company’s 1995 Plan. From and after October 15,2005, by its terms, awards were no longer permitted to be granted under the 1995 Plan. In 2005,the Named Executive Officers received option grants under the 1995 Plan with respect to the numberof underlying securities set forth opposite his or her name, below:         Number of Securities    Underlying OptionsName Title GrantedMark B. Peterson CEO and President 50,000 (1)