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2008 Annual Report
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Introduction
Proxy Statement
Proposal 1: Election of Directors
Corporate Governance
Director Compensation
Security Ownership
Relationships & Transactions
Compensation Discussion and Analysis
Report of the Compensation Committee
Executive Compensation
Report of the Audit Committee
Proposal 2: Selection of Accounting Firm
Proposal 3: 2006 Equity Incentive Plan
Proposal 4: Stock Option Exchange Program
Background
Rationale for Option Exchange
Structure of the Option Exchange
Impact of Option Exchange
Option Exchange Process
Stock Option Exchange Ratios
Conclusion
Recommendation of the Board
Proposal 5: Advisory Vote on Executive Compensation
Proposal 6: Cumulative Voting
Proposal 7: Human Right to Water
Additional Information
Exhibit A: 2006 Equity Incentive Plan
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Recommendation of the Board
Recommendation of the Board
The Board of Directors recommends that you vote "FOR" an employee stock option exchange program.
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Proposal 5: Advisory Vote on Executive Compensation
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Conclusion
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