Support.com 2014 Annual Report Download - page 55

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Table of Contents
The following table summarizes activity associated with the restructuring obligation (see also Note 7) and related expenses incurred for the years ended December 31, 2014 and 2013 (in thousands):
Severance(1) Total
Restructuring obligations, December 31, 2012 $ — $ —
Restructuring costs incurred (fourth quarter of 2013) 431 431
Cash payments — —
Restructuring obligations, December 31, 2013 $ 431 $ 431
Restructuring costs incurred — —
Cash payments (431) (431)
Restructuring obligations, December 31, 2014 $ — $ —
(1) Severance costs include those expenses related to severance pay and related employee benefit obligations.
Note 7. Other Accrued Liabilities
Other accrued liabilities consist of the following (in thousands):
As of December 31,
2014 2013
Accrued expenses $ 2,502 $ 2,135
Customer deposits 352 481
Restructuring expenses — 431
Other accrued liabilities 175 312
Total other accrued liabilities $ 3,029 $ 3,359
Note 8. Stockholders’ Equity
Equity Compensation Plan
We adopted the amended and restated 2010 Equity and Performance Incentive Plan (the “2010 Plan”), effective as of February 8, 2010. Under the 2010 Plan, the number of shares of Common Stock that may
be issued will not exceed in the aggregate 5,000,000 shares of Common Stock plus the number of shares of Common Stock relating to prior awards under the 2000 Omnibus Equity Incentive Plan that expire, are
forfeited or are cancelled after the adoption of the 2010 Plan, subject to adjustment as provided in the 2010 Plan. Pursuant to an approval from the Company’s shareholders, the number of shares of Common Stock
that may be issued under the 2010 Plan was increased by 2,250,000 shares of Common Stock in May 2013. No grants will be made under the 2010 Plan after the tenth anniversary of its effective date. Under our
2010 Plan, as of December 31, 2014, there were approximately 2.4 million shares available for grant.
We adopted the 2014 Inducement Award Plan (the “Inducement Plan”), effective as of May 13, 2014. Under the Inducement Plan, the number of shares of Common Stock that may be issued will not exceed in
the aggregate 2,000,000 shares of Common Stock. Under our Inducement Plan, as of December 31, 2014, there were approximately 900,000 shares available for grant.
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