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&lt;p style="margin-top:18px;margin-bottom:0px"&gt;&lt;font style="font-family:Times New Roman" size="2"&gt;&lt;b&gt;8. Share-Based
Payments&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top:6px;margin-bottom:0px"&gt;&lt;font style="font-family:Times New Roman" size="2"&gt;During the three and
six-month periods ended June&amp;#xA0;30, 2013, the Company granted
60,000 and 618,000 new stock options, respectively, and cancelled
93,620 and 188,480 stock options, respectively, under its 2008
Long-Term Incentive Plan. The new stock options vest at 2%&amp;#xA0;per
month for the 50 months beginning in the eleventh month after date
of grant.&lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top:12px;margin-bottom:0px"&gt;&lt;font style="font-family:Times New Roman" size="2"&gt;On January&amp;#xA0;29, 2013,
for 114 non-officer employees, the Company repriced their existing
options to $1.00 per share, which represented the closing market
price of the Class&amp;#xA0;A common stock on that date. This
modification resulted in total incremental share-based compensation
expense of $63, with $25 immediately recognizable and $38 to be
expensed over the remaining vesting periods of the
options.&lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top:12px;margin-bottom:0px"&gt;&lt;font style="font-family:Times New Roman" size="2"&gt;Total share-based
compensation expense recognized was $87 and $147 for the three
months ended June&amp;#xA0;30, 2013 and 2012, respectively, and $208
and $314 for the six months ended June&amp;#xA0;30, 2013 and 2012,
respectively, and is reported in general and administrative
expenses on our condensed consolidated statements of
operations.&lt;/font&gt;&lt;/p&gt;
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