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This excerpt taken from the SSTI DEF 14A filed Apr 28, 2006. Purchase Price; Payment. The
purchase price under each stock purchase agreement will be determined by the
Board, but the purchase price may not be less than 85% of the fair market value
of our Common Stock on the date of purchase. The purchase price of stock
pursuant to a stock purchase agreement must be paid either:
· in cash at the time of purchase; 15 · at the discretion of the Board, according to a deferred payment or other arrangement with the person to whom the Common Stock is sold; or · in any other form of legal consideration that may be acceptable to the Board in its discretion. Eligible participants may be awarded stock pursuant to a stock bonus agreement in consideration of past services actually rendered to us or for our benefit. |
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