Exhibit 4.1



 


EXHIBIT 4.1


 


FORCE
ENERGY, CORP. 2012


 


EMPLOYEE
AND CONSULTANT STOCK COMPENSATION PLAN


 


1.  Purpose.
The purpose of this 2012 Employee and Consultant Stock Plan (“Plan”) is to provide compensation in the form of common
stock (“Common Stock”), $.001 par value, of Force Energy, Corp. (the “Company”) to employees and “eligible
consultants” (as defined in Section 3 hereof) who have previously rendered services to the Company or who will render services
to the Company in the future.


 


2.  Administration.
(a) This Plan shall be administered by the Board of Directors of the Company who may from time to time (i) issue orders or adopt
resolutions not inconsistent with the provisions of this Plan and (ii) interpret the provisions and supervise the administration
of the Plan. The Chief Executive Officer of the Company shall make initial determinations as to which employees and “eligible
consultants” (including professionals and advisors) will be considered to receive shares of Common Stock under the Plan
and on what terms and conditions. The Chief Executive Officer of the Company will provide a list of such individuals to the Board
of Directors. All final determinations under the Plan shall be made by the affirmative vote of a majority of the members of the
Board of Directors at a meeting called for such purpose, or reduced to writing and signed by a majority of the members of the
Board of Directors. Subject to the Company’s Bylaws, all decisions by the Board of Directors in selecting employees and
“eligible consultants,” establishing the number of shares and construing the provisions of this Plan shall be final,
conclusive and binding on all persons, including the Company, shareholders, employees and “eligible consultants.”


 


3.  Eligible
Consultants. The Company may engage “advisors” and/or “consultants,” who may participate in this Plan
in the future, as long as such “advisors” and/or “consultants” fit the definition of “employee”
included the General Instructions to Securities and Exchange Commission (“SEC”) Form S-8, which define the term “employee”
to include any employee, director, general partner, officer, consultant or advisor. Such General Instructions impose three essential
limitations on “consultants” and “advisors” eligible for participation in a plan covered by SEC Form S-8.
Therefore, in order for a “consultant” or “advisor” to the Company to be an “eligible consultant”
under this Plan and to be eligible to receive shares of Common Stock under this Plan and pursuant to a Form S-8 filed by the Company
with the SEC, such “consultant” and/or “advisor” (i) must be a natural person; (ii) must provide bona
fide services to the Company; and (iii) the services rendered by such “consultant” or “advisor” may not
be in connection with the offer or sale of securities in a capital-raising transaction and may not directly or indirectly promote
or maintain a market for the Company’s securities.


 



    	 



    	 



    

  


4.  Shares
Subject to the Plan. The total number of shares of Common Stock subject to this Plan is as follows: 15,000,000 shares of Common
Stock, par value $.001, to be awarded to employees and eligible consultants as provided herein and as the Board of Directors may
determine.


 


5.  Investment
Intent. Unless and until the sale and issuance of Common Stock subject to the Plan are registered under the Securities Act
of 1933, as amended (“Securities Act”). or shall be exempt from registration pursuant to the rules promulgated thereunder,
each grant of Common Stock under the Plan shall provide that the acquisitions of Common Stock hereunder shall be for investment
purposes and not with a view to, or for resale in connection with, any distribution thereof. Further, unless the issuance and
sale of the Common Stock has been registered under the Securities Act, each grant of Common Stock shall provide that no shares
shall be sold unless and until (i) all then applicable requirements of state and federal laws and regulatory agencies shall have
been fully complied with to the satisfaction of the Company and its counsel; and (ii) if requested to do so by the Company, the
person who is to receive a grant of Common Stock pursuant to the Plan shall have executed and delivered to the Company a letter
of investment intent and/or such other form related to applicable exemptions from registration, all in such form and substance
as the Company may require.


 


6.  Stock
Splits, Stock Dividends, Combinations or Reclassifications. In the event of any change in the outstanding stock of the Company
by reason of a stock split, stock dividend, combination or reclassification of shares, recapitalization, merger or similar event
(“Adjusting Event”), the Board of Directors may adjust proportionally (a) the number of shares of Common Stock reserved
under the Plan, which have not been granted as of the effective date of such Adjusting Event.


 


7.  Withholding.
The Company shall have the right to deduct from any grant of Common Stock an appropriate number of shares for payment of taxes
by law or to take such other action as may be necessary in the opinion of the Company to satisfy all obligations for withholding
of such taxes. If Common Stock is used to satisfy tax withholding, such stock shall be valued in good faith by the Board of Directors,
who may use reported trading data from the principal exchange or trading platform upon which the Company’s stock is traded
for such period of time as the Board of Directors may determine in compliance with applicable law.


 


8.  Governing
Law. The Plan and all determinations made and action taken pursuant hereto, to the extent not otherwise governed by the securities
laws of the United States or State of Nevada, shall be governed by the laws of the State of Colorado, and construed accordingly.


 


9.  Termination
of the Plan. This Plan shall terminate upon the issuance of all shares available under the Plan or when it is otherwise
terminated by the Board of Directors.


 


10.  Effective
Date of the Plan. This Plan shall become effective upon its adoption by the Board of Directors.