19-Oct-2011

Change in Directors or Principal Officers

Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

The Company adopted a new compensation plan for its independent directors, retroactive to August 1, 2011, replacing the option based plan described in the 2010 10K. Directors will now receive an annual cash retainer of $20,000 per director. Committee chairs are paid an additional $5,000 annual retainer. The board chairman, if an independent director, receives an additional annual retainer of $12,000. The annual fees, per director, will be paid on a prorata basis monthly throughout the year.

In addition, the previous annual grant of 45,000 options per director was increased to 50,000 per director, with the options being granted quarterly, at a rate of 12,500 options per quarter.

http://biz.yahoo.com/e/111019/apnt.ob8-k.html