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This excerpt taken from the EYE DEF 14A filed Apr 20, 2006. Repatriation
and Relocation Loan. We agreed to repatriate Mr. Mazzo
and his household from the United Kingdom, and this was completed in 2004. As
part of Mr. Mazzo’s repatriation, we paid the travel and moving costs
associated with moving his household to California, as well as temporary living
expenses incurred while he establishes a permanent residence in California. To
further assist in his repatriation, we agreed to pay Mr. Mazzo a tax-free
allowance equal to one month’s salary and to provide him a five-year,
interest-free relocation loan of up to $500,000. Such loan is evidenced by a
promissory note dated July 3, 2002, which is secured by real property
purchased by Mr. Mazzo. The principal amount of $500,000 is payable upon
the earlier to occur of (a) 60 days following Mr. Mazzo’s termination
of employment; (b) the date of the sale or other transfer of the property;
or (c) July 3, 2007. We made this loan to Mr. Mazzo before
adoption of the Sarbanes-Oxley Act of 2002. As of December 31, 2005, the
full amount of this loan was outstanding.
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