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LBAI » Topics » Administration

This excerpt taken from the LBAI DEF 14A filed Apr 6, 2005.

Administration

 

The Stock Option Plan provides that it will be administered by the Board of Directors or any duly created committee appointed by the Board and charged with the administration of the Stock Option Plan (the “Program Administrator”). The full Board of Directors currently administers the Stock Option Plan and serves as the Program Administrator.

 

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