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Alliance's CEO Paid $980,000 Salary

6 July 2004

NEW YORK – As reported by the CBS MarketWatch: "Richard Haddrill will be paid a $980,000 salary, the firm said in a regulatory filing.

"According to Haddrill's employment agreement, a copy of which was filed with the Securities and Exchange Commission Friday, the company granted Haddrill 500,000 stock options and 377,030 units of restricted stock…"

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