As part of the transition, the Company and Mr. Zipf have agreed that he will continue at his current base salary of $625,000 through February 2019 and for the subsequent 12-month period will receive a base salary of $375,000. In his new role, he will not be entitled to additional grants of equity awards or, commencing March 1, 2018, to participate in the annual cash incentive plan. In addition, Mr. Zipf will be entitled to the payments and benefits payable in accordance with his severance agreement for a termination of employment without cause, subject to continued compliance with his restrictive covenants (including non-compete and non-solicitation covenants) and the execution and non-revocation of a release of claims.

A copy of the press release issued by the Company on January 5, 2018, announcing certain organizational and executive leadership changes, is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.