72802 Federal Register / Vol. 72, No. 245 / Friday, December 21, 2007 / Notices 

Part 430, subpart B, section 430.203: 

Definitions (only to the extent necessary 

to allow an additional rating of record 

to support a pay decision under section 

III.C.3 or 4 of this project plan) 

Part 511, subpart B: Coverage of the 

General Schedule 

Part 530, subpart C: Special Rate 

Schedules for Recruitment and 

Retention 

Part 531, subpart B: Determining Rate 

of Basic Pay 

Part 531, subpart D: Within-Grade 

Increases 

Part 531, subpart E: Quality Step 

Increases 

Part 531, section 531.604: 

Determining an employee’s locality rate 

(only to the extent necessary to (1) allow 

a frozen locality pay percentage for 

employees with a rating of record below 

Fully Meets Expectations, as provided 

in the plan; and (2) apply an ‘‘effective’’

locality pay percentage for employees in 

the upper range extension under 

circumstances described in the plan) 

Part 531, section 531.606: Maximum 

limits on locality rates (only to the 

extent necessary to provide a locality 

rate may not exceed the rate for EX-IV 

plus 5 percent for employees in the 

upper range extension). 

Part 536, subpart B: Grade Retention 

Part 536, subpart C: Pay Retention 

(only to the extent necessary to (1) 

replace ‘‘grade’’ with ‘‘band;’’ (2) bar 

employees with a rating of record lower 

than Fully Meets Expectations from 

receiving retained rate increases under 5 

CFR 536.305; (3) provide that pay 

retention provisions do not apply to 

conversions into the demonstration 

project from the General Schedule or 

other pay system, as long as the 

employee’s total pay rate is not 

reduced); (4) provide that a retained rate 

may not exceed the rate for EX-IV plus 

5 percent; (5) provide the pay (including 

any locality adjustment or staffing 

supplement) of an employee in the 

upper range extension who is rated 

below Significantly Exceeds 

Expectations will be converted to a 

retained rate before processing any other 

actions; (6) provide a retained rate that 

is less than the maximum rate 

(including any locality adjustment or 

staffing supplement) of the upper range 

extension for an employee who receives 

a rating of record of Significantly 

Exceeds Expectations will be terminated 

and converted to an equal adjusted rate; 

(7) provide the range maximum rate 

used to compute retained rate 

adjustments is the normal range 

maximum rate (including any locality 

adjustment or staffing supplement); (8) 

provide a retained rate under the 

enhanced pay retention provisions in 

section III.A.10. will be increased by 

100 percent of the dollar amount of any 

increase in the normal maximum rate of 

the employee’s band during the twoyear period beginning on the date the 

employee’s retained rate is established; 

and (9) provide when a retained rate for 

an employee with a rating of record 

below Fully Meets Expectations falls 

below the applicable adjusted rate for 

the normal band maximum, the retained 

rate will be terminated and the 

employee’s pay will be set at an 

adjusted rate equal to the retained rate). 

Part 550, sections 550.106–107: 

Biweekly and annual maximum 

earnings limitation (only to the extent 

necessary to provide that an applicable 

staffing supplement is added to the GS–

15, step 10, rate in lieu of the applicable 

locality payment. 

Part 550, section 550.113(a): 

Computation of overtime pay (only to 

the extent necessary to provide that the 

GS–10 minimum special rate (if any) for 

the special rate category that would 

otherwise apply to an employee (but for 

the existence of the demonstration 

project) is deemed to be the ‘‘applicable 

special rate of pay’’ in determining the 

overtime hourly rate cap). 

Part 550, section 550.703: Definitions 

(to the extent necessary to modify 

paragraph (c)(4) of the definition of 

‘‘reasonable offer’’ by replacing ‘‘two 

grade or pay levels’’ with ‘‘one pay band 

level’’ and ‘‘grade or pay level‘‘ with 

‘‘pay band level’’). 

Part 752, section 752.401(a)(3): 

Adverse actions (only to the extent 

necessary to replace ‘‘grade’’ with 

‘‘band’’). 

Part 752, section 752.401(a)(4): 

Adverse actions (only to the extent 

necessary to provide that adverse action 

provisions do not apply to conversions 

into the demonstration project from the 

General Schedule or other pay system, 

as long as the employee’s total rate of 

pay is not reduced. 

Note: If any of the provisions of title 5, 

Code of Federal Regulations, listed above are 

revised during the period this demonstration 

project is in effect, NNSA may choose to 

terminate the waiver of one or more such 

provisions with respect to employees 

participating in the project, without formally 

modifying the project itself. NNSA must 

notify OPM when any such waiver is 

terminated. 

[FR Doc. 07–6144 Filed 12–20–07; 8:45 am] 

BILLING CODE 6325–43–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

In the Matter of: Score One, Inc., 

Physical Property Holdings, Inc.; Order 

of Suspension of Trading 

December 19, 2007. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of the issuers 

listed below. For each issuer, questions 

have arisen regarding the adequacy and 

accuracy of press releases and other 

publicly-disseminated information 

concerning, among other things: (1) The 

companies’ assets; (2) the companies’

current business operations; (3) the 

companies’ current financial condition; 

(4) the issuance of the companies’

securities; and (5) transactions in the 

companies’ securities by insiders, 

consultants, and other individuals and 

entities. 

1. Score One, Inc. is a Nevada 

corporation headquartered in Hong 

Kong. The company is dually quoted on 

the Over-the-Counter Bulletin Board 

and Pink Sheets under the ticker symbol 

‘‘SREA.’’ The company has recently 

been the subject of spam e-mails touting 

the company’s shares. 

2. Physical Property Holdings, Inc. is 

a Delaware corporation headquartered 

in Hong Kong. The company is dually 

quoted on the Over-the-Counter Bulletin 

Board and Pink Sheets under the ticker 

symbol ‘‘PPYH.’’ The company has 

recently been the subject of spam emails touting the company’s shares. 

The Commission is of the opinion that 

the public interest and the protection of 

investors require a suspension of trading 

in the securities of Score One, Inc. and 

Physical Property Holdings, Inc. 

Therefore, it is ordered, pursuant to 

section 12(k) of the Securities Exchange 

Act of 1934, that trading in the 

securities of Score One, Inc. and 

Physical Property Holdings, Inc. is 

suspended for the period commencing 

at 9:30 a.m. EST, December 19, 2007, 

and terminating at 11:59 p.m. EST, on 

January 3, 2008. 

By the Commission. 

Nancy M. Morris, 

Secretary. 

[FR Doc. 07–6174 Filed 12–19–07; 10:15 am] 

BILLING CODE 8011–01–P 

mstockstill on PROD1PC66 with NOTICES