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Mr. Bailey has served as non-executive Chairman of the Board of the Company since 1998 and was an employee of the Company from 1980 through April 2007. Effective April 30, 2007, Mr. Bailey became non-employee Chairman of the Board of the Company and is paid a retainer in such role. Previously, Mr. Bailey served as non-executive Chairman of the Board of the Company and received a salary and other employee benefits in such role. He also served as President and Chief Executive Officer of the Company from June 1990 to April 2000. From November 1988 until May 1990, he served as Senior Vice President of the Company. From January 1986 until October 1988, he served as Vice President, Corporate Development. From 1980 to 1986, Mr. Bailey served in various other positions with the Company. Mr. Bailey also serves as Chairman of the Board of Staar Surgical Company and is a director of Questcor Pharmaceuticals, Inc. | 