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STOCK-BASED COMPENSATION
3 Months Ended
Sep. 30, 2011
Notes to Financial Statements 
Note 4.STOCK-BASED COMPENSATION

The Company has agreements with a number of employees to issue stock grants vesting over 3-10 year terms. The vested portions of these grants are to be paid on each anniversary of the grant dates.  Total shares under these agreements vesting and payable annually to employees are 231,041.  The stock grant agreements were dated effective between November 2, 2007 and September 29, 2011.