Create a new version of paste:

<?php
	
$settings = get_current_theme().'-options'; // do not change!

$defaults = array( // define our defaults
		'slide_1_title' => '',
		'slide_1_desc' =>'',
		'slide_1_link' => '',
		'slide_2_title' => '',
		'slide_2_desc' =>'',
		'slide_2_link' => '',
		'slide_3_title' => '',
		'slide_3_desc' =>'',
		'slide_3_link' => '',
		
		'slider_interval' => 6000,
		'tracking' => '<!--tracking code goes here-->' // <-- no comma after the last option
);

//	push the defaults to the options database,
//	if options don't yet exist there.
add_option($settings, $defaults, '', 'yes');

//	this function registers our settings in the db
add_action('admin_init', 'register_theme_settings');
function register_theme_settings() {
	global $settings;
	register_setting($settings, $settings, 'validate_options_cb');
}
//	this function adds the settings page to the menu
add_action('admin_menu', 'add_theme_options_menu');
function add_theme_options_menu() {
	add_menu_page("Options", "Options", 'edit_themes', 'custom-option-main-settings', 'theme_settings_admin', get_template_directory_uri().'/favicon.png');
}

function theme_settings_admin() { ?>
<?php theme_options_css_js(); ?>
<div class="wrap">
<?php
	// display the proper notification if Saved/Reset
	global $settings, $defaults;
	
	// display icon next to page title
	screen_icon('options-general');
?>
	<h2><?php echo get_current_theme() . ' '; _e('Theme Options'); ?></h2>
	<form method="post" action="options.php">
	<?php settings_fields($settings); // important! ?>
	
	<!--left column-->
	<div class="metabox-holder mbleft">
		
        <div class="postbox">
            <h3><?php _e("Homepage Slider", 'custom-option'); ?></h3>
            <div class="inside">
                <p><strong>Slide 1:</strong></p>
                <p>Title:<br />
                <input type="text" name="<?php echo $settings; ?>[slide_1_title]" value="<?php echo custom_option('slide_1_title'); ?>" size="60" /></p>
                <p>description:<br />
                <textarea name="<?php echo $settings; ?>[slide_1_desc]" value="<?php echo custom_option('slide_1_desc'); ?>" cols=60 rows=5></textarea></p>
                <p>link:<br />
                <input type="text" name="<?php echo $settings; ?>[slide_1_link]" value="<?php echo custom_option('slide_1_link'); ?>" size="60" /></p>
                
                <p><strong>Slide 2:</strong></p>
                <p>Title:<br />
                <input type="text" name="<?php echo $settings; ?>[slide_2_title]" value="<?php echo custom_option('slide_2_title'); ?>" size="60" /></p>
                <p>description:<br />
                <textarea name="<?php echo $settings; ?>[slide_2_desc]" value="<?php echo custom_option('slide_2_desc'); ?>" cols=60 rows=5></textarea></p>
                <p>link:<br />
                <input type="text" name="<?php echo $settings; ?>[slide_2_link]" value="<?php echo custom_option('slide_2_link'); ?>" size="60" /></p>
                
                <p><strong>Slide 3:</strong></p>
                <p>Title:<br />
                <input type="text" name="<?php echo $settings; ?>[slide_3_title]" value="<?php echo custom_option('slide_3_title'); ?>" size="60" /></p>
                <p>description:<br />
                <textarea name="<?php echo $settings; ?>[slide_3_desc]" value="<?php echo custom_option('slide_3_desc'); ?>" cols=60 rows=5></textarea></p>
                <p>link:<br />
                <input type="text" name="<?php echo $settings; ?>[slide_3_link]" value="<?php echo custom_option('slide_3_link'); ?>" size="60" /></p>
                
                <p><?php _e("Select the interval for slide transistions (in seconds)", 'custom-option'); ?><br />
                <select name="<?php echo $settings; ?>[slider_interval]">
                    <option style="padding-right:10px;" value="1000" <?php selected('1000', custom_option('slider_interval')); ?>><?php _e("1", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="2000" <?php selected('2000', custom_option('slider_interval')); ?>><?php _e("2", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="3000" <?php selected('3000', custom_option('slider_interval')); ?>><?php _e("3", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="4000" <?php selected('4000', custom_option('slider_interval')); ?>><?php _e("4", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="5000" <?php selected('5000', custom_option('slider_interval')); ?>><?php _e("5", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="6000" <?php selected('6000', custom_option('slider_interval')); ?>><?php _e("6", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="7000" <?php selected('7000', custom_option('slider_interval')); ?>><?php _e("7", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="8000" <?php selected('8000', custom_option('slider_interval')); ?>><?php _e("8", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="9000" <?php selected('9000', custom_option('slider_interval')); ?>><?php _e("9", 'custom-option'); ?></option>
                    <option style="padding-right:10px;" value="10000" <?php selected('10000', custom_option('slider_interval')); ?>><?php _e("10", 'custom-option'); ?></option>
                </select></p>
            </div>

            </div>    
        
        
		<p class="submit">
		<input type="submit" name="save-settings" class="button-primary" value="<?php _e('Save Settings', 'custom-option') ?>" />
		<!--<input type="submit" class="button-highlighted" name="<?php echo $settings; ?>[reset]" value="<?php _e('Reset Settings', 'custom-option'); ?>" />-->
		</p>
	</div>
	<!--end first column-->
	
	<!--right column-->
    
	<div class="metabox-holder mbright">
    
        
        <div class="postbox">
		<h3><?php _e("Analytics Code", 'custom-option'); ?></h3>
			<div class="inside">
				<p>If you use a service such as <a href="http://www.google.com/analytics/">Google Analytics</a> to track analytics on your site, paste the code below (it will be inserted into the footer):</p>
				<p>
				<textarea name="<?php echo $settings; ?>[tracking]" cols=30 rows=5><?php echo stripslashes(custom_option('tracking')); ?></textarea>
				</p>
			</div>
		</div>
        
        <div class="postbox">
            <h3><?php _e("RSS Email Subscription", 'custom-option'); ?></h3>
            <div class="inside">
                <p><?php _e("Enter your FeedBurner ID:", 'custom-option'); ?><br />
				<input type="text" name="<?php echo $settings; ?>[feedburner]" value="<?php echo custom_option('feedburner'); ?>" size="30" /></p>                
            </div>
        </div>
        
        

	</div>
	<!--end second column-->
	
	</form>

</div><!--end .wrap-->
<?php }

//	Pull theme options from database
function custom_option($key) {
	global $settings;
	$option = get_option($settings);
	if(isset($option[$key])) return $option[$key];
	else return FALSE;
}

// validating the options

function validate_options_cb($input){
	//do regular validation stuff
    //...
    //...

    //get all options
    $options = get_option(get_current_theme().'-options');
    //update only the neede options
    foreach ($input as $key => $value){
        $options[$key] = $value;
    }
    //return all options
    return $options;
	
}

// add CSS and JS if necessary
function theme_options_css_js() {
?>

<style type="text/css">
	.metabox-holder { 
		float: left;
		margin: 0; padding: 0 10px 0 0;
	}
	.metabox-holder { 
		float: left;
		margin: 0; padding: 0 10px 0 0;
	}
	.metabox-holder .postbox .inside {
		padding: 0 10px;
	}
	.mbleft {
		width: 480px;
	}
	.mbright {
		width: 300px;
	}
	.catchecklist,
	.pagechecklist {
		list-style-type: none;
		margin: 0; padding: 0 0 10px 0;
	}
	.catchecklist li,
	.pagechecklist li {
		margin: 0; padding: 0;
	}
	.catchecklist ul {
		margin: 0; padding: 0 0 0 15px;
	}
	select {
		margin-top: 5px;
	}
	input {
		margin-top: 5px;
	}
	input[type="checkbox"], input[type="radio"] {
		margin-top: 1px;
	}
</style>

<?php }