Pursuant to a decision made April 29, 2009, the Company has implemented salary reductions for Antonio M. Perez, Chairman and Chief Executive Officer; Frank S. Sklarsky, Chief Financial Officer; Philip J. Faraci, President and Chief Operating Officer; MaryJane Hellyar, President, Film, Photofinishing and Entertainment Group; and Robert L. Berman, Chief Human Resources Officer. The reductions are effective as of the pay cycle beginning April 27, 2009 and will remain in effect through the final pay cycle in 2009. The reductions are part of a series of cost saving initiatives that the Company is implementing in response to the effects of the global economic conditions. The reductions are as follows:

                                  Percent
                    Percent     reduction on
                 reduction for       an        Total
Named Executive  remaining pay   annualized   dollar
Officer         periods in 2009    basis     reduction
Antonio M.
Perez                 15%          9.81%     $107,509
Frank S.
Sklarsky              10%          6.54%      $39,094
Philip J.
Faraci                10%          6.54%      $45,610
Mary Jane
Hellyar               10%          6.54%      $31,927
Robert L.
Berman                10%          6.54%      $25,085

Additionally, the Company has entered into an amendment to the employment letter agreement of Antonio M. Perez, Chairman and Chief Executive Officer, in which the parties have agreed that the above-described salary reduction for Mr. Perez shall not trigger a default of his letter agreement.