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Monday, 10/22/2007 1:13:04 PM

Monday, October 22, 2007 1:13:04 PM

Post# of 970
I find this SEC. filing very interesting.
Especially this part.
"On October 11, 2007, the Compensation Committee of the registrant's Board of Directors adopted a Change in Control Severance Benefit Plan covering certain eligible employees of the registrant. Under the plan, the following executive officers will be eligible to receive the benefits described below following a covered termination involving a change in control:"

The filing basically makes sure they get paid for 1-2 years if there is a takeover and they are replaced. It's a security blanket for them that is only needed in the event of a takeover.

http://biz.yahoo.com/e/071016/sqnm8-k.html

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