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This excerpt taken from the XIDE DEF 14A filed Jul 27, 2006. Restricted
Shares
Pursuant to the 2004 Plan, 246,654 restricted shares (net of
forfeitures) were approved for granting to executive officers in
fiscal 2006, representing 70.4% of all shares awarded. These
restricted shares have a five-year vesting period, with 20%
vesting on November 29 of each year from 2006 through 2010. The
number of restricted shares was based on a
10-day
trailing average closing price of the common stock immediately
prior to the grant date of the awards by the Board of Directors
upon recommendations from the Committee.
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