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Exhibit 4.1  


"JASMINE'S GARDEN"  


 
  2004 EQUITY INCENTIVE PLAN    
    


	1.
	NAME.




The
name of the plan is "JASMINE'S GARDEN 2004 EQUITY INCENTIVE PLAN." 


	2.
	PURPOSE.




The
purpose of this Plan is to provide incentives to attract, retain and motivate eligible persons whose presence and potential contributions are important to the success of the Company, and its
Parent and Subsidiaries (if any), by offering them an opportunity to participate in the Company's future performance through awards of Options, Restricted Stock and Stock Awards. Capitalized terms not
defined in the text are defined in Section 3. 


	3.
	DEFINITIONS.




As
used in this Plan, the following terms will have the following meanings: 


"AWARD"
means any award under this Plan, including any Option, Restricted Stock or Stock Award. 


"AWARD
AGREEMENT" means, with respect to each Award, the signed written agreement between the Company and the Participant setting forth the terms and conditions of the Award. 



"BOARD"
means the Board of Directors of the Company. 


"CAUSE"
means any cause, as defined by applicable law, for the termination of a Participant's employment with the Company or a Parent or Subsidiary of the Company. 


"CODE"
means the Internal Revenue Code of 1986, as amended. 


"COMMITTEE"
means the Board of Directors. 


"COMPANY"
means Industries International, Incorporated, a Nevada corporation, or any successor corporation. 


"DISABILITY"
means a disability, whether temporary or permanent, partial or total, as determined by the Committee. 



"EXCHANGE
ACT" means the Securities Exchange Act of 1934, as amended. 


"EXERCISE
PRICE" means the price at which a holder of an Option may purchase the Shares issuable upon exercise of the Option. 


"FAIR
MARKET VALUE" means, as of any date, the value of a share of the Company's Common Stock determined as follows: 


        (a)   if
such Common Stock is publicly traded and is then listed on a national securities exchange, its closing price on the date of determination on the principal national
securities exchange on which the Common Stock is listed or admitted to trading as reported in The Wall Street Journal; 



        (b)   if
such Common Stock is quoted on the NASDAQ National Market, its closing price on the NASDAQ National Market on the date of determination as reported in The Wall Street
Journal; 


        (c)   if
such Common Stock is publicly traded but is not listed or admitted to trading on a national securities exchange, the average of the closing bid and asked prices on
the date of determination as reported in The Wall Street Journal; 


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        (d)   the
price per share at which shares of the Company's Common Stock are initially offered for sale to the public by the Company's underwriters in the initial public
offering of the Company's Common Stock pursuant to a registration statement filed with the SEC under the Securities Act if the Award is made on the effective date of such registration statement; or 


        (e)   if
none of the foregoing is applicable, by the Committee in good faith. 



"INSIDER"
means an officer or director of the Company or any other person whose transactions in the Company's Common Stock are subject to Section 16 of the Exchange Act. 


"OPTION"
means an award of an option to purchase Shares pursuant to Section 7. 


"PARENT"
means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company if each of such corporations other than the company owns stock possessing 50% or
more of the total combined voting power of all classes of stock in one of the other corporations in such chain. 


"PARTICIPANT"
means a person who receives an Award under this Plan. 


"PERFORMANCE
FACTORS" means the factors selected by the Committee, in its sole and absolute discretion, from among the following measures to determine whether the performance goals applicable to
Awards have been satisfied: 


        (a)   Net
revenue and/or net revenue growth; 


        (b)   Earnings
before income taxes and amortization and/or earnings before income taxes and amortization growth; 



        (c)   Operating
income and/or operating income growth; 


        (d)   Net
income and/or net income growth; 


        (e)   Earnings
per share and/or earnings per share growth; 


        (f)    Total
stockholder return and/or total stockholder return growth; 


        (g)   Return
on equity; 


        (h)   Operating
cash flow return on income; 


        (i)    Adjusted
operating cash flow return on income; 


        (j)    Economic
value added; and 


        (k)   Individual
business objectives. 


"PERFORMANCE
PERIOD" means the period of service determined by the Committee, not to exceed five years, during which years of service or performance is to be measured for Restricted Stock Awards or
Stock Awards. 


"PLAN"
means this Jasmine's Garden 2004 Equity Incentive Plan, as amended from time to time. 


"RESTRICTED
STOCK AWARD" means an award of Shares pursuant to Section 8. 


"SEC"
means the U.S. Securities and Exchange Commission. 


"SECURITIES
ACT" means the Securities Act of 1933, as amended. 


"SHARES"
means shares of the Company's Common Stock reserved for issuance under this Plan, as adjusted pursuant to Sections 4 and 19, and any successor security. 



"STOCK
AWARD" means an award of Shares, or cash in lieu of Shares, pursuant to Section 9. 


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"SUBSIDIARY"
means any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation in the unbroken
chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. 


"TERMINATION"
or "TERMINATED" means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director,
consultant, independent contractor, or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick
leave, (ii) military leave, or (iii) any other leave of absence approved by the Company, provided that such leave is for a period of not more than 90 days, unless reemployment
upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to a formal policy adopted from time to time by the Company and issued and promulgated to
employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ
of the Company or a
Subsidiary as it may deem appropriate, except that in no event may an Option be exercised after the expiration of the term set forth in the Option agreement. 



The
Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the "Termination
Date"). 


	4.
	SHARES
SUBJECT TO THE PLAN. 



        4.1.    Number of Shares Available. Subject to Sections 4.2 and 19, the total aggregate number of Shares initially reserved and
available for grant and issuance pursuant to this Plan will be 12,000,000 Shares and will include Shares that are subject to: (a) issuance upon exercise of an Option but cease to be subject to
such Option for any reason other than exercise of such Option; (b) an Award granted hereunder but forfeited or repurchased by the Company at the original issue price; and (c) an Award
that otherwise terminates without Shares being issued. At all times the Company shall reserve and keep available a sufficient number of Shares as shall be required to satisfy the requirements of all
outstanding Options granted under this Plan and all other outstanding but unvested Awards granted under this Plan. 


        4.2.    Adjustment of Shares. In the event that the number of outstanding shares is changed by a stock dividend,
recapitalization, stock split, reverse stock split, subdivision, combination, reclassification or similar change in the capital structure of the Company without consideration, then (a) the
number of Shares reserved for issuance under this Plan, (b) the Exercise Prices of and number of Shares subject to outstanding Options, and (c) the number of Shares subject to other
outstanding Awards will be proportionately adjusted, subject to any required action by the Board or the stockholders of the Company and compliance with applicable securities laws; provided, however,
that fractions of a Share will not be issued but will either be replaced by a cash payment equal to the Fair Market Value of such fraction of a Share or will be rounded up to the nearest whole Share,
as determined by the Committee. 


	5.
	ELIGIBILITY.






ISOs
(as defined in Section 7 below) may be granted only to employees (including officers and directors who are also employees) of the Company or of a Parent or Subsidiary of the Company. All
other Awards may be granted to employees, officers, directors, consultants, independent contractors and advisors of the Company or any Parent or Subsidiary of the Company, provided such consultants,
contractors and advisors render bona fide services not in connection with the offer and sale of securities in a capital-raising transaction. A person may be granted more than one Award under this
Plan. 


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	6.
	ADMINISTRATION.




        6.1.    Committee Authority. This Plan will be administered by the Committee or by the Board acting as the Committee. Subject to
the general purposes, terms and conditions of this Plan, and to the direction of the Board, the Committee will have full power to implement and carry out this Plan. Without limitation, the Committee
will have the authority to: 



        6.1.1.    construe
and interpret this Plan, any Award Agreement and any other agreement or document executed pursuant to this Plan; 



        6.1.2.    prescribe,
amend and rescind rules and regulations relating to this Plan or any Award; 


        6.1.3.    select
persons to receive Awards; 


        6.1.4.    determine
the form and terms of Awards; 


        6.1.5.    determine
the number of Shares or other consideration subject to Awards; 


        6.1.6.    determine
whether Awards will be granted singly, in combination with, in tandem with, in replacement of, or as alternatives to, other Awards under this Plan or any
other incentive or compensation plan of the Company or any Parent or Subsidiary of the Company; 


        6.1.7.    grant
waivers of Plan or Award conditions; 


        6.1.8.    determine
the vesting, exercisability and payment of Awards; 


        6.1.9.    correct
any defect, supply any omission or reconcile any inconsistency in this Plan, any Award or any Award Agreement; 


        6.1.10.    determine
whether an Award has been earned; and 


        6.1.11.    make
all other determinations necessary or advisable for the administration of this Plan. 




        6.2.    Committee Discretion. Any determination made by the Committee with respect to any Award will be made at the time of
grant of the Award or, unless in contravention of any express term of this Plan or Award, at any later time, and such determination will be final and binding on the Company and on all persons having
an interest in any Award under this Plan. The Committee may delegate to one or more officers of the Company the authority to grant an Award under this Plan to Participants who are not Insiders of the
Company. 


	7.
	OPTIONS.




The
Committee may grant Options to eligible persons and will determine whether such Options will be Incentive Stock Options within the meaning of the Code ("ISO") or Nonqualified Stock Options
("NQSOs"), the number of Shares subject to the Option, the Exercise Price of the Option, the period during which the Option may be exercised, and all other terms and conditions of the Option, subject
to the following: 


        7.1.    Form of Option Grant. Each Option granted under this Plan will be evidenced by an Award Agreement which will expressly
identify the Option as an ISO or an NQSO (hereinafter referred to as the "Stock Option Agreement"), and will be in such form and contain such provisions (which need not be the same for each
Participant) as the Committee may from time to time approve, and which will comply with and be subject to the terms and conditions of this Plan. 


        7.2.    Date of Grant. The date of grant of an Option will be the date on which the Committee makes the determination to grant
such Option, unless otherwise specified by the Committee. The Stock Option Agreement and a copy of this Plan will be delivered to the Participant within a reasonable time after the granting of the
Option. 


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        7.3.    Exercise Period. Options may be exercisable within the times or upon the events determined by the Committee as set forth
in the Stock Option Agreement governing such Option; provided, however, that no Option will be exercisable after the expiration of ten (10) years from the date the Option is granted; and
provided further that no ISO granted to a person who directly or by attribution owns more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or of any
Parent or Subsidiary of the Company ("Ten Percent Stockholder") will be exercisable after the expiration of five (5) years from the date the ISO is granted. The Committee also may provide for
Options to become exercisable at one time or from time to time, periodically or otherwise, in such number of Shares or percentage of Shares as the Committee determines, provided, however, that in all
events a Participant will be entitled to exercise an Option at the rate of at least 20% per year over five years from the date of grant, subject to reasonable conditions such as continued employment;
and further provided that an Option granted to a Participant who is an officer, director or consultant may become fully exercisable, subject to reasonable conditions such as continued employment, at
any time or during any period established by the Company. 


        7.4.    Exercise Price. The Exercise Price of an Option will be determined by the Committee when the Option is granted and may
be not less than 85% of the Fair Market Value of the Shares on the date of grant; provided that: (a) the Exercise Price of an ISO will be not less than 100% of the Fair Market Value of the
Shares on the date of grant; and (b) the Exercise Price of an Option granted to a Ten Percent Stockholder will not be less than 110% of the Fair Market Value of the Shares on the date of grant.
Payment for the Shares purchased may be made in accordance with Section 10 of this Plan. 


        7.5.    Method of Exercise. Options may be exercised only by delivery to the Company of a written stock option exercise
agreement (the "Exercise Agreement") in a form approved by the Committee, (which need not be the same for each Participant), stating the number of Shares being purchased, the restrictions imposed on
the Shares purchased under such Exercise Agreement, if any, and such representations and agreements regarding the Participant's investment intent and access to information and other matters, if any,
as may be required or desirable by the Company to comply with applicable securities laws, together with payment in full of the Exercise Price for the number of Shares being purchased. 


        7.6.    Termination. Notwithstanding the exercise periods set forth in the Stock Option Agreement, exercise of an Option will
always be subject to the following: 



        7.6.1.    If
the Participant's service is Terminated for any reason except death or Disability, then the Participant may exercise such Participant's Options only to the extent
that such Options would have been exercisable upon the Termination Date no later than three (3) months after the Termination Date (or such longer time period not exceeding five (5) years
as may be determined by the Committee, with any exercise beyond three (3) months after the Termination Date deemed to be an NQSO). 


        7.6.2.    If
the Participant's service is Terminated because of the Participant's death or Disability (or the Participant dies within three (3) months after a
Termination other than for Cause or because of Participant's Disability), then the Participant's Options may be exercised only to the extent that such Options would have been exercisable by the
Participant on the Termination Date and must be exercised by the Participant (or the Participant's legal representative) no later than twelve (12) months after the Termination Date (or such
longer time period not exceeding five (5) years as may be determined by the Committee, with any such exercise beyond (i) three (3) months after the Termination Date when the
Termination is for any reason other than the Participant's death or Disability, or (ii) twelve (12) months after the Termination Date when the Termination is for Participant's death or
Disability, deemed to be an NQSO). 


        7.6.3.    Notwithstanding
the provisions in paragraph 7.6(a) above, if the Participant's service is Terminated for Cause, neither the Participant, the Participant's
estate nor such other person who 



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may
then hold the Option shall be entitled to exercise any Option with respect to any Shares whatsoever, after Termination, whether or not after Termination the Participant may receive payment from
the Company or a Subsidiary for vacation pay, for services rendered prior to Termination, for services rendered for the day on which Termination occurs, for salary in lieu of notice, or for any other
benefits. For the purpose of this paragraph, Termination shall be deemed to occur on the date when the Company dispatches notice or advice to the Participant that his service is Terminated. 




        7.7.    Limitations on Exercise. The Committee may specify a reasonable minimum number of Shares that may be purchased on any
exercise of an Option, provided that such minimum number will not prevent the Participant from exercising the Option for the full number of Shares for which it is then exercisable. 



        7.8.    Limitations on ISO. The aggregate Fair Market Value (determined as of the date of grant) of Shares with respect to which
ISO are exercisable for the first time by a Participant during any calendar year (under this Plan or under any other incentive stock option plan of the Company, Parent or Subsidiary of the Company)
will not exceed $100,000. If the Fair Market Value of Shares on the date of grant with respect to which ISO are exercisable for the first time by a Participant during any calendar year exceeds
$100,000, then the Options for the first $100,000 worth of Shares to become exercisable in such calendar year will be ISO and the Options for the amount in excess of $100,000 that become exercisable
in that calendar year will be NQSOs. In the event that the Code or the regulations promulgated thereunder are amended after the Effective Date of this Plan to provide for a different limit on the Fair
Market Value of Shares permitted to be subject to ISO, such different limit will be
automatically incorporated herein and will apply to any Options granted after the effective date of such amendment. 


        7.9.    Modification, Extension or Renewal. The Committee may modify, extend or renew outstanding Options and authorize the
grant of new Options in substitution therefore, provided that any such action may not, without the written consent of a Participant, impair any of such Participant's rights under any Option previously
granted. Any outstanding ISO that is modified, extended, renewed or otherwise altered will be treated in accordance with Section 424(h) of the Code. The Committee may reduce the Exercise Price
of outstanding Options without the consent of Participants affected by a written notice to them; provided, however, that the Exercise Price may not be reduced below the minimum Exercise Price that
would be permitted under Section 7.4 of this Plan for Options granted on the date the action is taken to reduce the Exercise Price. 


        7.10.    No Disqualification. Notwithstanding any other provision in this Plan, no term of this Plan relating to ISO will be
interpreted, amended or altered, nor will any discretion or authority granted under this Plan be exercised, so as to disqualify this Plan under Section 422 of the Code or, without the consent
of the Participant affected, to disqualify any ISO under Section 422 of the Code. 


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	8.
	RESTRICTED
STOCK. 



A
Restricted Stock Award is an offer by the Company to sell to an eligible person Shares that are subject to restrictions. The Committee will determine to whom an offer will be made, the number of
Shares the person may purchase, the price to be paid (the "Purchase Price"), the restrictions to which the Shares will be subject, and all other terms and conditions of the Restricted Stock Award,
subject to the following: 


        8.1.    Form of Restricted Stock Award. All purchases under a Restricted Stock Award made pursuant to this Plan will be
evidenced by an Award Agreement (the "Restricted Stock Purchase Agreement") that will be in such form (which need not be the same for each Participant) as the Committee will from time to time approve,
and will comply with and be subject to the terms and conditions of this Plan. The offer of Restricted Stock will be accepted by the Participant's execution and delivery of the Restricted Stock
Purchase Agreement and full payment for the Shares to the Company within thirty (30) days from the date the Restricted Stock Purchase Agreement is delivered to the person. If such person does
not execute and deliver the Restricted Stock Purchase Agreement along with full payment for the Shares to the Company within thirty (30) days, then the offer will terminate, unless otherwise
extended by the Committee. 


        8.2.    Purchase Price. The Purchase Price of Shares sold pursuant to a Restricted Stock Award will be determined by the
Committee on the date the Restricted Stock Award is granted and may not be less than 85% of the Fair Market Value of the Shares on the grant date, except in the case of a sale to a Ten Percent
Stockholder, in which case the Purchase Price will be 100% of the Fair Market Value. Payment of the Purchase Price must be made in accordance with Section 10 of this Plan. 



        8.3.    Terms of Restricted Stock Awards. Restricted Stock Awards shall be subject to such restrictions as the Committee may
impose. These restrictions may be based upon completion of a specified number of years of service with the Company or upon completion of the performance goals as set out in advance in the
Participant's individual Restricted Stock Purchase Agreement. Restricted Stock Awards may vary from Participant to Participant and between groups of Participants. Prior to the grant of a Restricted
Stock Award, the Committee shall: (a) determine the nature, length and starting date of any Performance Period for the Restricted Stock Award; (b) select from among the Performance
Factors to be used to measure performance goals, if any; and (c) determine the number of Shares that may be awarded to the Participant. Prior to the payment of any Restricted Stock Award, the
Committee shall determine the extent to which such Restricted Stock Award has been earned. Performance Periods may
overlap and Participants may participate simultaneously with respect to Restricted Stock Awards that are subject to different Performance Periods and have different performance goals and other
criteria. 


        8.4.    Termination During Performance Period. If a Participant is Terminated during a Performance Period for any reason, then
such Participant will be entitled to payment (whether in Shares, cash or otherwise) with respect to the Restricted Stock Award only to the extent earned as of the date of Termination in accordance
with the Restricted Stock Purchase Agreement, unless the Committee determines otherwise. 


	9.
	STOCK
AWARDS. 



        9.1.    Awards of Stock. A Stock Award is an award of Shares (which may consist of Restricted Stock) for services rendered to
the Company or any Parent or Subsidiary of the Company. A Stock Award will be awarded pursuant to an Award Agreement (the "Stock Award Agreement") that will be in such form (which need not be the same
for each Participant) as the Committee will from time to time approve, and will comply with and be subject to the terms and conditions of this Plan. A Stock Award may be awarded upon satisfaction of
such performance goals as are set out in advance in the Participant's individual Stock Award Agreement (the "Performance Stock Award Agreement") that will be in such form (which need not be the same
for each Participant) as the Committee will from time to 


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time
approve, and will comply with and be subject to the terms and conditions of this Plan. Stock Awards may vary from Participant to Participant and between groups of Participants, and may be based
upon the achievement of the Company, Parent or Subsidiary and/or individual performance factors or upon such other criteria as the Committee may determine. 


        9.2.    Terms of Stock Awards. The Committee will determine the number of Shares to be awarded to the Participant. If the Stock
Award is being earned upon the satisfaction of performance goals pursuant to a Performance Stock Award Agreement, then the Committee will: (a) determine the nature, length and starting date of
any Performance Period for each Stock Award; (b) select from among the Performance Factors to be used to measure the performance, if any; and (c) determine the number of Shares that may
be awarded to the Participant. Prior to the payment of any Stock Award, the Committee shall determine the extent to which such Stock Award has been earned. Performance Periods may overlap and
Participants may participate simultaneously with respect to Stock Awards that are subject to different Performance Periods and different performance goals and other criteria. The number of Shares may
be fixed or may vary in accordance with such performance goals and criteria as may be determined by the Committee. The Committee may adjust the performance goals applicable to the Stock Awards to take
into account changes in law and accounting or tax rules and to make such adjustments as the Committee deems necessary or appropriate to reflect the impact of extraordinary or unusual items, events or
circumstances to avoid windfalls or hardships. 


        9.3.    Form of Payment. The earned portion of a Stock Award may be paid to the Participant by the Company either currently or
on a deferred basis, with such interest or dividend equivalent, if any, as the Committee may determine. Payment may be made in the form of cash or whole Shares or a combination thereof, either in a
lump sum payment or in installments, all as the Committee will determine. 


	10.
	PAYMENT
FOR SHARE PURCHASES. 



Payment
for Shares purchased pursuant to this Plan may be made in cash (by check) or, where expressly approved for the Participant by the Committee and where permitted by law: 



        10.1.    by
cancellation of indebtedness of the Company to the Participant; 


        10.2.    by
surrender of shares that either: (1) have been owned by the Participant for more than six (6) months and have been paid for within the meaning of SEC
Rule 144 (and, if such shares were purchased from the Company by use of a promissory note, such note has been fully paid with respect to such shares); or (2) were obtained by the
Participant in the public market; 


        10.3.    by
waiver of compensation due or accrued to the Participant for services rendered; 


        10.4.    with
respect only to purchases upon exercise of an Option, and provided that a public market for the Company's stock exists: 



        10.4.1.    through
a "same day sale" commitment from the Participant and a broker-dealer that is a member of the National Association of Securities Dealers (an "NASD Dealer")
whereby the Participant irrevocably elects to exercise the Option and to sell a portion of the Shares so purchased to pay for the Exercise Price, and whereby the NASD Dealer irrevocably commits upon
receipt of such Shares to forward the Exercise Price directly to the Company; or 



        10.4.2.    through
a "margin" commitment from the Participant and a NASD Dealer whereby the Participant irrevocably elects to exercise the Option and to pledge the Shares so
purchased to the NASD Dealer in a margin account as security for a loan from the NASD Dealer in the amount of the Exercise Price, and whereby the NASD Dealer irrevocably commits upon receipt of such
Shares to forward the Exercise Price directly to the Company; or 


        10.4.3.    by
any combination of the foregoing. 



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	11.
	WITHHOLDING
TAXES. 



        11.1.    Withholding Generally. Whenever Shares are to be issued in satisfaction of Awards granted under this Plan, the Company
may require the Participant to remit to the Company an amount sufficient to satisfy federal, state and local withholding tax requirements prior to the delivery of any certificate or certificates for
such Shares. Whenever, under this Plan, payments in satisfaction of Awards are to be made in cash, such payment will be net of an amount sufficient to satisfy federal, state, and local withholding tax
requirements. 


        11.2.    Stock Withholding. When, under applicable tax laws, a participant incurs tax liability in connection with the exercise
or vesting of any Award that is subject to tax withholding and the Participant is obligated to pay the Company the amount required to be withheld, the Committee may allow the Participant to satisfy
the minimum withholding tax obligation by electing to have the Company withhold from the Shares to be issued that number of Shares having a Fair Market Value equal to the minimum amount required to be
withheld, determined on the date that the amount of tax to be withheld is to be determined. All elections by a Participant to have Shares withheld for this purpose will be made in accordance with the
requirements established by the Committee and will be in writing in a form acceptable to the Committee. 


	12.
	PRIVILEGES
OF STOCK OWNERSHIP. 



        12.1.    Voting and Dividends. No Participant will have any of the rights of a stockholder with respect to any Shares until the
Shares are issued to the Participant. After Shares are issued to the Participant, the Participant will be a stockholder and will have all the rights of a stockholder with respect to such Shares,
including the right to vote and receive all dividends or other distributions made or paid with respect to such Shares; provided, that if such Shares are Restricted Stock, then any new, additional or
different securities the Participant may become entitled to receive with respect to such Shares by virtue of a stock dividend, stock split or any other change in the corporate or capital structure of
the Company will be subject to the same restrictions as the Restricted Stock. 


        12.2.    Financial Statements. The Company will provide financial statements to each Participant prior to such Participant's
purchase of Shares under this Plan, and to each Participant annually during the period such Participant has Awards outstanding; provided, however, the Company will not be required to provide such
financial statements to Participants whose services in connection with the Company assure them access to equivalent information. 


	13.
	NON-TRANSFERABILITY
OF AWARDS. 



        13.1.    Awards
of Stock and Restricted Stock granted under this Plan, and any interest therein, will not be transferable or assignable by the Participant, and may not be made
subject to execution, attachment or similar process, other than by will or by the laws of descent and distribution. Awards of Options granted under this Plan, and any interest therein, will not be
transferable or assignable by the Participant, and may not be made subject to execution, attachment or similar process, other than by will or by the laws of descent and distribution, by instrument to
an inter vivos or testamentary trust in which the options are to be passed to beneficiaries upon the death of the trustor, or by gift to "immediate family" as that term is defined in 17 C.F.R.
240.16a-1(e). During the lifetime of the Participant an Award will be exercisable only by the Participant. During the lifetime of the Participant, any elections with respect to an Award
may be made only by the Participant unless otherwise determined by the Committee and set forth in the Award Agreement with respect to Awards that are not ISOs. 



        13.2.    This
restriction shall cease to apply to Shares received as a Stock Award or Restricted Stock Award under this Plan at the time ownership of such shares vests in the
recipient of the Award. Similarly, this restriction shall not apply to shares of stock received upon the exercise of vested Options. 


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	14.
	CERTIFICATES.




All
certificates for Shares or other securities delivered under this Plan will be subject to such stop transfer orders, legends and other restrictions as the Committee may deem necessary or advisable,
including restrictions under any applicable federal, state or foreign securities law, or any rules, regulations and other requirements of the SEC or any stock exchange or automated quotation system
upon which the Shares may be listed or quoted. 


	15.
	ESCROW;
PLEDGE OF SHARES. 



To
enforce any restrictions on a Participant's Shares, the Committee may require the Participant to deposit all certificates representing Shares, together with stock powers or other instruments of
transfer approved by the Committee appropriately endorsed in blank, with the Company or an agent designated by the Company to hold in escrow until such restrictions have lapsed or terminated, and the
Committee may cause a legend or legends referencing such restrictions to be placed on the certificates. Any Participant who is permitted to execute a promissory note as partial or full consideration
for the purchase of Shares under this Plan will be required to pledge and deposit with the Company all or part of the Shares so purchased as collateral to secure the payment of the Participant's
obligation to the Company under the promissory note; provided, however, that the Committee may require or accept other or additional forms of collateral to secure the payment of such obligation and,
in any event, the Company will have full recourse against the Participant under the promissory note notwithstanding any pledge of the Participant's Shares or other collateral. In connection with any
pledge of the Shares, the Participant will be required to execute and deliver a written pledge agreement in such form as the Committee will from time to time approve. The Shares purchased with the
promissory note may be released from the pledge on a pro rata basis as the promissory note is paid. 


	16.
	EXCHANGE
OF AWARDS. 



The
Committee may, at any time or from time to time, authorize the Company, with the consent of the respective Participants, to issue new Awards in exchange for the surrender and cancellation of any
or all outstanding Awards. 


	17.
	SECURITIES
LAW AND OTHER REGULATORY COMPLIANCE. 



An
Award will not be effective unless such Award is in compliance with all applicable federal and state securities laws, rules and regulations of any governmental body, and the requirements of any
stock exchange or automated quotation system upon which the Shares may then be listed or quoted, as they are in effect on the date of grant of the Award and also on the date of exercise or other
issuance. Notwithstanding any other provision in this Plan, the Company will have no obligation to issue or deliver certificates for Shares under this Plan prior to: (a) obtaining any approvals
from governmental agencies that the Company determines are necessary or advisable; and/or (b) completion of any registration or other qualification of such Shares under any state or federal law
or ruling of any governmental body that the Company determines to be necessary or advisable. The Company will be under no obligation to register the Shares with the SEC or to effect compliance with
the registration, qualification or listing requirements of any state securities laws, stock exchange or automated quotation system, and the Company will have no liability for any inability or failure
to do so. 


	18.
	NO
OBLIGATION TO EMPLOY. 



Nothing
in this Plan or any Award granted under this Plan will confer or be deemed to confer on any Participant any right to continue in the employ of, or to continue any other relationship with, the
Company or any Parent or Subsidiary of the Company or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Participant's employment or other relationship
at any time, with or without cause. 


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	19.
	CORPORATE
TRANSACTIONS. 



        19.1.    Assumption or Replacement of Awards by Successor. In the event of (a) a dissolution or liquidation of the
Company, (b) a merger or consolidation in which the Company is not the surviving corporation (other than a merger or consolidation with a wholly-owned subsidiary, a reincorporation of the
Company in a different jurisdiction, or other transaction in which there is no substantial change in the stockholders of the Company or their relative stock holdings and the Awards granted under this
Plan are assumed, converted or replaced by the successor corporation, which assumption will be binding on all Participants), (c) a merger in which the Company is the surviving corporation but
after which the stockholders of the Company immediately prior to such merger (other than any stockholder that merges, or which owns or controls another corporation that merges, with the Company in
such merger) cease to own their shares or other equity interest in the Company, (d) the sale of substantially all of the assets of the Company, or (e) the acquisition, sale, or transfer
of more than 50% of the outstanding shares of the Company by tender offer or similar transaction, any or all outstanding Awards may be assumed, converted or replaced by the successor corporation (if
any), which assumption, conversion or replacement will be binding on all Participants. In the alternative, the successor corporation may substitute equivalent Awards or provide substantially similar
consideration to Participants as was provided to stockholders (after taking into account the existing provisions of the Awards). The successor corporation may also issue, in place of outstanding
Shares of the Company held by the Participant, substantially similar shares or other property subject to repurchase restrictions no less favorable to the Participant. In the event such successor
corporation (if any) refuses to assume or substitute Awards, as provided above, pursuant to a transaction described in this Subsection 19.1, such Awards will expire on such transaction at such time
and on such conditions as the Committee will determine. Notwithstanding anything in this Plan to the contrary, the Committee may provide that the vesting of any or all Awards granted pursuant to this
Plan will accelerate upon a transaction described in this Section 19. If the Committee exercises such discretion with respect to Options, such Options will become exercisable in full prior to
the consummation of such event at such time and on such conditions as the Committee determines, and if such Options are not exercised prior to the
consummation of the corporate transaction, they shall terminate at such time as determined by the Committee. 


        19.2.    Other Treatment of Awards. Subject to any greater rights granted to Participants under the foregoing provisions of this
Section 19, in the event of the occurrence of any transaction described in Section 19.1, any outstanding Awards will be treated as provided in the applicable agreement or plan of merger,
consolidation, dissolution, liquidation, or sale of assets. 


        19.3.    Assumption of Awards by the Company. The Company, from time to time, also may substitute or assume outstanding awards
granted by another company, whether in connection with an acquisition of such other company or otherwise, by either; (a) granting an Award under this Plan in substitution of such other
company's award; or (b) assuming such award as if it had been granted under this Plan if the terms of such assumed award could be applied to an Award granted under this Plan. Such substitution
or assumption will be permissible if the holder of the substituted or assumed award would have been eligible to be granted an Award under this Plan if the other company had applied the rules of this
Plan to such grant. In the event the Company assumes an award granted by another company, the terms and conditions of such award will remain unchanged (except that the exercise price and the number
and nature of Shares issuable upon exercise of any such option will be adjusted appropriately pursuant to Section 424(a) of the Code). In the event the Company elects to grant a new Option
rather than assuming an existing option, such new Option may be granted with a similarly adjusted Exercise Price. 


	20.
	ADOPTION
AND EFFECTIVE DATE. 



This
2004 Equity Incentive Plan is effective as of March 1, 2004, the date it was adopted by the Board. 


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	21.
	STOCKHOLDER
APPROVAL. 



This
Plan shall be approved by the stockholders of the Company within twelve (12) months before or after the date this Plan is adopted by the Board. 


	22.
	TERM
OF PLAN/GOVERNING LAW. 



Unless
earlier terminated as provided herein, this Plan will terminate on March 1, 2014. This Plan and all agreements thereunder shall be governed by and construed in accordance with the laws
of the State of Nevada. 


	23.
	AMENDMENT
OR TERMINATION OF PLAN. 



The
Board may at any time terminate or amend this Plan in any respect, including without limitation amendment of any form of Award Agreement or instrument to be executed pursuant to this Plan;
provided, however, that the Board will not, without the approval of the stockholders of the Company, amend this Plan in any manner that requires such stockholder approval under the Code, if
applicable, or by any stock exchange or market on which the Common Stock of the Company is listed for trading. 


	24.
	NONEXCLUSIVITY
OF THE PLAN. 



Neither
the adoption of this Plan by the Board, the submission of this Plan to the stockholders of the Company for approval, nor any provision of this Plan will be construed as creating any
limitations on the power of the Board to adopt such additional compensation arrangements as it may deem desirable, including, without limitation, the granting of stock options and bonuses otherwise
than under this Plan, and such arrangements may be either generally applicable or applicable only in specific cases. 


	25.
	ACTION
BY COMMITTEE. 



Any
action permitted or required to be taken by the Committee or any decision or determination permitted or required to be made by the Committee pursuant to this Plan shall be taken or made in the
Committee's sole and absolute discretion. 


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2004 EQUITY INCENTIVE PLAN