Item 5.07. Submission of Matters to a Vote of Security Holders.

At the Company's Annual Meeting, its shareholders approved, on a non-binding, advisory basis, the holding of an advisory vote on the compensation of the Company's named executive officers on an annual basis. In light of this advisory vote, the Company's Board of Directors has determined that the Company will hold future non-binding advisory votes of the shareholders on the compensation of the Company's named executive officers on an annual basis commencing with the Company's 2013 annual meeting of its shareholders, until the next required advisory vote of the Company's stockholders on the frequency of stockholder advisory votes on executive compensation.

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