This excerpt taken from the CALP DEF 14A filed Apr 28, 2009.


    The 2009 Equity Incentive Plan provides for the grant of incentive stock options, nonqualified stock options, restricted stock, restricted stock units, and other types of stock based awards to officers, employees, non-employee directors and consultants. However, the 2009 Equity Incentive Plan contains a limit of 2.5 million shares that may be issued under the Plan as full value awards.

    The 2009 Equity Incentive Plan has a ten-year term through June 2, 2019.

    Stock options granted under the 2009 Equity Incentive Plan have a maximum term of ten years.

    The maximum number of shares with respect to one or more awards that may be granted to any one participant during any calendar year is 1.5 million.
This excerpt taken from the CALP DEF 14A filed Apr 25, 2007.


The Directors’ Plan presently provides for the automatic grant of nonstatutory stock options to our non-employee directors. Options granted under the Directors’ Plan are not intended to qualify as incentive stock options within the meaning of Section 422 of the Internal Revenue Code, as amended. If Proposal 3 is approved, our non-employee directors will also receive grants of RSUs under which non-employee directors will receive delivery of a designated number of shares of our common stock on the specified vesting date for such award, and which will be made by the Company as part of the non-discretionary annual grant under the Directors’ Plan. See “Federal Income Tax Information” below for a discussion of the tax treatment of nonstatutory stock options and RSUs.

This excerpt taken from the CALP 8-K filed Mar 2, 2007.
(a)           General.  All officers shall hold office at the pleasure of the Board of Directors and until their successors shall have been duly elected and qualified, unless sooner removed.  Any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors.  If the office of any officer becomes vacant for any reason, the vacancy may be filled by the Board of Directors.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki