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SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2011
SUBSEQUENT EVENTS

NOTE 18 — SUBSEQUENT EVENTS

Options Grant

On November 3, 2011, the Company granted to its four non-employee directors non-qualified stock options, under the Company’s 2004 Incentive Plan, to purchase 30,000 shares of common stock (7,500 shares each) at an exercise price equal to the closing price of the Company’s common stock on November 4, 2011 (since the Company released its quarterly results on November 2, 2011). Such options will expire seven years from the date of grant and will vest on the first anniversary of the date of grant.

OFC 2 Senior Secured Notes

On October 31, 2011, OFC 2 and the Issuers completed the sale of $151.7 million aggregate principal amount of the Series A Notes due 2032 (see Note 7).