Annual report pursuant to Section 13 and 15(d)

Retirement Plan

v2.4.0.8
Retirement Plan
12 Months Ended
Nov. 30, 2013
Compensation And Retirement Disclosure [Abstract]  
Retirement Plan

NOTE 11 - RETIREMENT PLAN

In January 1997, the Company adopted a 401(k) retirement plan (the “401(k) Plan”), which allows eligible employees to defer up to 15% of their eligible compensation. In fiscal 2008, the Company implemented an employer match up to certain limits. In fiscal 2010, the Company implemented a Safe Harbor provision with matching contributions up to certain limits. For the years ended November 30, 2013 and November 30, 2012, the Company made matching contributions of approximately $112,000 and $68,000, respectively, to the 401(k) Plan.