| I. | General Statement of      Purpose |
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| II. | Nominating Committee      Composition |
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| III. | Meetings |
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| IV.  | Nominating      Committee Activities |
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| ·            | Recommend      to the Board criteria for Board and committee membership, which shall      include a description of any specific, minimum qualifications that the      Nominating Committee believes must be met by a Nominating      Committee-recommended nominee, and a description of any specific qualities      or skills that the Nominating Committee believes are necessary for one or      more of the Company’s directors to possess, and annually reassess the      adequacy of such criteria and submit any proposed changes to the Board for      approval. The current criteria for Board membership are attached to this      Charter as Exhibit      A. |
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| ·            | Establish      a policy with regard to the consideration of director candidates      recommended by stockholders. The current policy is that the Nominating      Committee will review and evaluate the qualifications of any director      candidates who have been recommended by securityholders in compliance with      the procedures established from time to time by the Nominating Committee      and set forth in this Charter, and conduct inquiries it deems appropriate.      The Nominating Committee will consider for nomination any such proposed      director candidate who is deemed qualified by the Nominating Committee in      light of the minimum qualifications and other criteria for Board      membership approved by the Board from time to time and set forth in this      Charter. |
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| ·            | Establish      procedures to be followed by securityholders in submitting recommendations      for director candidates to the Nominating Committee. The current      procedures to be followed by securityholders are set forth      below: |
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| (a)   | The      name and address of record of the  securityholder. |
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| (b)   | A      representation that the securityholder is a record holder of the Company’s      securities, or if the securityholder is not a record holder, evidence of      ownership in accordance with Rule 14a-8(b)(2) of the Securities Exchange      Act of 1934. |
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| (c)   | The      name, age, business and residential address, educational background,      current principal occupation or employment, and principal occupation or      employment for the preceding five (5) full fiscal years of the proposed      director candidate. |
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| (d)   | A      description of the qualifications and background of the proposed director      candidate which addresses the minimum qualifications and other criteria      for Board membership approved by the Board from time to time and set forth      in this Charter. |
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| (e)   | A      description of all arrangements or understandings between the      securityholder and the proposed director  candidate. |
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| (f)   | The      consent of the proposed director candidate (i) to be named in the proxy      statement relating to the Company’s annual meeting of stockholders and      (ii) to serve as a director if elected at such annual    meeting. |
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| (g)   | Any      other information regarding the proposed director candidate that is      required to be included in a proxy statement filed pursuant to the rules      of the Securities and ExchangeCommission. |
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| ·            | Establish      a process for identifying and evaluating nominees for the Board, including      nominees recommended by securityholders. The current process for      identifying and evaluating nominees for the Board is as      follows: |
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|   | (1) | The      Nominating Committee may solicit recommendations from any or all of the      following sources: non-management directors, the Chief Executive Officer,      other executive officers, third-party search firms, or any other source it      deems appropriate. |
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|   | (2) | The      Nominating Committee will review and evaluate the qualifications of any      such proposed director candidate, and conduct inquiries it deems      appropriate. |
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|   | (3) | The      Nominating Committee will evaluate all such proposed director candidates      in the same manner, with no regard to the source of the initial      recommendation of such proposed director  candidate. |
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|   | (4) | In      identifying and evaluating proposed director candidates, the Nominating      Committee may consider, in addition to the minimum qualifications and      other criteria for Board membership approved by the Board from time to      time, all facts and circumstances that it deems appropriate or advisable,      including, among other things, the skills of the proposed director      candidate, his or her depth and breadth of business experience or other      background characteristics, his or her independence and the needs of the      Board. |
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| ·            | Upon      identifying individuals qualified to become members of the Board,      consistent with the minimum qualifications and other criteria approved by      the Board from time to time, select the director nominees for election at      each annual meeting of stockholders; provided that,      if the Company is legally required by contract or otherwise to provide      third parties with the ability to nominate individuals for election as a      member of the Board (pursuant, for example, to the rights of holders of      preferred stock to elect directors upon a dividend default or in      accordance with shareholder agreements or management agreements), the      selection and nomination of such director nominees shall be governed by      such contract or other arrangement and shall not be the responsibility of      the Nominating Committee. |
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| ·            | Consider      nominations in light of the requirement that a majority of the Board be      comprised of directors who meet the independence requirements set forth in      Section 121A of the American Stock Exchange Company  Guide. |
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| ·            | Select      the directors for appointment to committees of the  Board. |
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| ·            | Oversee      annual evaluation of the Board and its committees for the prior fiscal      year. |
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| ·            | Exercise      sole authority to retain and terminate any search firm that is to be used      by the Company to assist in identifying director candidates. The      Nominating Committee shall also have sole authority to approve any such      search firm’s fees and other retentionterms. |
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| ·            | The      Nominating Committee may establish and delegate authority to subcommittees      consisting of one or more of its members, when the Nominating Committee      deems it appropriate to do so in order to carry out its      responsibilities. |
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| ·            | The      Nominating Committee shall make regular reports to the Board concerning      areas of the Nominating Committee’s  responsibility. |
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| ·            | In      carrying out its responsibilities, the Nominating Committee shall be      entitled to rely upon advice and information that it receives in its      discussions and communications with management and such experts, advisors      and professionals with whom the Nominating Committee may consult. The      Nominating Committee shall have the authority to request that any officer      or employee of the Company, the Company’s outside legal counsel, the      Company’s independent auditor or any other professional retained by the      Company to render advice to the Company attend a meeting of the Nominating      Committee or meet with any members of or advisors to the Nominating      Committee. The Nominating Committee shall also have the authority to      engage legal, accounting or other advisors to provide it with advice and      information in connection with carrying out its responsibilities and shall      have sole authority to approve any such advisor’s fees and other retention      terms. |
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| ·            | The      Nominating Committee may perform such other functions as may be requested      by the Board from time to time. |
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| Board      Membership Criteria |
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| ·            | The      nominee shall have the highest personal and professional integrity, shall      have demonstrated exceptional ability and judgment, and shall be most      effective, in conjunction with the other nominees to the Board, in      collectively serving the long-term interests of the      stockholders. |
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| ·            | A      majority of the Board shall be “independent” in accordance with the      standards established pursuant to Section 121A of the American Stock      Exchange Company Guide; provided, however that the foregoing rule shall      not apply if the company is not listed on the American Stock Exchange,      Nasdaq or other exchange. |
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| ·            | Each      of its Audit, Compensation and Nominating Committees shall be comprised      entirely of independent directors. |
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| ·            | At      least one member of the Audit Committee shall have such experience,      education and other qualifications necessary to qualify as an “audit      committee financial expert” as defined by the rules of the Securities and      Exchange Commission. |
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| ·            | Whether      the nominee has direct experience in the specific markets in which the      Company operates. |
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| ·            | Whether      the nominee, if elected, assists in achieving a mix of Board members that      represents a diversity of background and  experience. |
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