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&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"&gt;The Company provides a 401(k) retirement
plan for its employees. Employees are eligible to participate in the plan on the first of the month following 90 days of continuous
employment. Employee salary deferral rates are not restricted by the Company, however, IRS limits and limitations imposed by discrimination
tests may affect the allowed salary deferral rate. The Company matches 25% of the amount deferred by employees, matching up to
4% of an employee&amp;#146;s annual compensation. The Company&amp;#146;s matching contributions totaled $5,900 and $4,800 for the years
ended June 30, 2013 and 2012, respectively.&lt;/p&gt;



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