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

On January 25, 2012, Kevin S. Herrmann notified the Company that he would resign as Vice President, Secretary and Treasurer of the Company. The resignation will be effective as of April 2, 2012.

Also on January 25, 2012, Mr. Herrmann and the Company entered into a retention agreement providing for Mr. Herrmann's continued employment through April 2, 2012. Mr. Herrmann will receive his present salary through his final date of employment. He will also receive a one-time retention payment of approximately $105,000.00, and the cash value of accrued vacation days of approximately $20,000, both of which are payable after the retention period is concluded. The agreement also contains a customary release of claims.