Exhibit 10.1

                          OVATION PRODUCTS CORPORATION

                             1999 STOCK OPTION PLAN

      The  purposes of the 1999 Stock  Option Plan (the "Plan") are to encourage
eligible Directors,  employees,  and consultants of Ovation Products Corporation
(the  "Company")  and any  subsidiary  in which the  Company  owns,  directly or
indirectly,  at least fifty percent (50%) of the total combined  voting power of
all classes of stock  ("Subsidiary"),  including officers who are employees,  to
increase their efforts to make the Company and each Subsidiary more  successful,
to provide an  additional  inducement  for such  individuals  to remain with the
Company or a Subsidiary, to reward such individuals by providing the opportunity
to acquire the common stock,  no par value,  of the Company (the "Common Stock")
on favorable  terms and to provide a means through which the Company may attract
able persons to enter the employ of the Company or its Subsidiaries.

                                    SECTION 1

                                 ADMINISTRATION

      The Plan shall be  administered  by the Board of  Directors of the Company
(the "Board").  The Board may appoint a Stock Option Committee  comprised of two
or more members to act on behalf of the Board in administering the Plan. A Stock
Option  Committee  may be delegated  any or all of the authority of the Board in
the administration of the Plan. Members of any such Stock Option Committee shall
be eligible to receive stock options only if so authorized by the Board.

      The Board or such Committee as it may appoint (hereinafter  referred to as
the "Board") shall interpret the Plan and prescribe such rules,  regulations and
procedures  in  connection  with the Plan as it shall  deem to be  necessary  or
advisable for the administration of the Plan consistent with the purposes of the
Plan. The Board shall keep records of actions taken at its meetings.

                                    SECTION 2

                                   ELIGIBILITY

      The Directors of the Company or any Subsidiary, consultants to the Company
or any Subsidiary,  and those employees ("Key  Employees") of the Company or any
Subsidiary who share the primary  responsibility  for the management,  growth or
protection of the business of the Company or any Subsidiary shall be eligible to
receive stock options and/or stock appreciation rights as described herein. Only
Key Employees shall be eligible to receive  incentive stock options as described
herein.

      Subject to the provisions of the Plan, the Board shall have full and final
authority to grant stock options and/or stock  appreciation  rights as described
herein  and, in its  discretion,  to  determine  the  individuals  to whom stock
options  and/or  stock  appreciation  rights  shall be granted and the number of
shares to be covered by each stock option and/or stock  appreciation  right.  In
determining  the  eligibility of any  individual,  as well as in determining the
number of shares covered by each stock option and/or stock  appreciation  right,
the Board shall consider the position and the responsibilities of the individual
being considered,  the nature and value to the

<PAGE>

Company  or a  Subsidiary  of his or her  services,  his or her  present  and/or
potential  contribution  to the success of the Company or a Subsidiary  and such
other factors as they may deem relevant.

                                    SECTION 3

                       SHARES AVAILABLE FOR STOCK OPTIONS
                          AND STOCK APPRECIATION RIGHTS

      The aggregate  number of shares of the Common Stock which may be issued or
delivered  under  the Plan is  250,000  shares,  as  constituted  at the time of
adoption of the Plan by the Board, subject to adjustment and substitution as set
forth in Section 6. The shares may be either  authorized but unissued  shares or
treasury shares or partly each, as shall be determined by the Board.

      If any stock option or stock  appreciation right granted under the Plan is
canceled in full, the shares subject to such stock option or stock  appreciation
right shall again be available  for the purposes of the Plan except that, to the
extent that an alternative stock  appreciation right granted in conjunction with
a stock option is  exercised,  the number of shares  thereby made  available for
purposes of the Plan shall be reduced by the number of shares, if any, delivered
in exchange for the surrender of the related unexercised option.

                                   SECTION 4

              GRANT OF STOCK OPTIONS AND STOCK APPRECIATION RIGHTS

      The Board shall have the authority, in its discretion, to grant "incentive
stock options"  pursuant to Section 422 of the Internal Revenue Code of 1986, as
the  same  may  from  time  to  time  be  amended  (the  "Code"),  or  to  grant
"nonstatutory  stock options"  (stock options which do not qualify under Section
422 of the Code),  or to grant both types of stock  options (but not in tandem).
The Board also shall  have the  authority,  in its  discretion,  to grant  stock
appreciation  rights in addition to  nonstatutory  stock options with the effect
provided in Section  5(D), to grant  alternative  stock  appreciation  rights in
conjunction with nonstatutory  stock options or incentive stock options with the
effect provided in Section 5(E), or to grant stock  appreciation  rights without
related stock options with the effect provided in Section 5(F).

      The aggregate fair market value, determined as of the date of grant and as
set forth in Section 5(J), of all shares issuable upon exercise of all incentive
stock  options  which  become  exercisable  by a Key Employee for the first time
during any calendar year under all plans of the  corporation  employing such Key
Employee,  any parent or subsidiary  corporations  of such  corporation  and any
predecessor corporation of any such corporation, shall not exceed $100,000.

                                   SECTION 5

                      TERMS AND CONDITIONS OF STOCK OPTIONS
                        AND/OR STOCK APPRECIATION RIGHTS

      Stock options and stock  appreciation  rights granted under the Plan shall
be subject to the following terms and conditions:


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<PAGE>

      A. The purchase  price at which each stock  option may be  exercised  (the
"option  price") shall be such price (either  greater than, the same as, or less
than the fair market  value per share of the Common  Stock on the date of grant)
as the Board, in its absolute discretion, shall determine but (i) in the case of
incentive  stock options granted to a Key Employee who together with the members
of his immediate family owns, or may be deemed to own,  beneficially,  more than
10% of the outstanding voting securities of the Company (as the terms "immediate
family" and "beneficial ownership" are defined under the Securities Exchange Act
of 1934, as amended (the "Exchange Act")) (such a Key Employee being hereinafter
referred to as a  "Principal  Shareholder"),  shall not be less than one hundred
and ten  percent  (110%) of the fair  market  value  per share of the  shares of
Common Stock covered by the stock option on the date of grant,  (ii) in the case
of incentive stock options, shall not be less than one hundred percent (100%) of
the fair  market  value per share of the shares of Common  Stock  covered by the
stock option on the date of grant,  and (iii) in the case of nonstatutory  stock
options, shall not be less than the greater of the par value of the Common Stock
or fifty  percent  (50%) of the fair  market  value per  share of the  shares of
Common  Stock  covered  by the  stock  option  on the  date of  grant.  If stock
appreciation  rights are granted  without a related stock option,  the Board, in
its absolute discretion, shall determine the base price per share for such stock
appreciation  rights (the "base price") which shall not be less than the greater
of the par value of the Common Stock or fifty  percent  (50%) of the fair market
value per share of the  Common  Stock on the date of grant.  In  exercising  its
discretion,  the Board  shall take into  account  the fair  market  value of the
Common Stock,  the book value of the Common  Stock,  the nature and value to the
Company of the  Director's or Key  Employee's  service and such other factors as
the Board may deem  relevant.  For  purposes of this Section  5(A),  fair market
value shall be determined as set forth in Section 5(J).

      B. The option  price is to be paid in full in cash upon the  exercise of a
stock option;  provided,  however,  that in lieu of cash an  individual  may, if
authorized  by the  Board at the  time of  grant,  exercise  a stock  option  by
tendering  to the Company  shares of Common  Stock owned by the  individual  and
having a fair market value on the date of exercise,  determined  as set forth in
Section  5(J),  equal to the option price.  The  provisions of this Section 5(B)
shall not  preclude  the  payment of the option  price of a stock  option by any
other legally permissible method  specifically  approved by the Board. No shares
shall be issued or delivered  upon  exercise of a stock option until  payment of
the option price in full has been made. When payment of the option price in full
has been made, the optionee shall be considered for all purposes to be the owner
of the shares with respect to which payment has been made.

      C. No stock option or stock appreciation right shall be exercisable during
the first six months of its term (except that this limitation shall not apply if
the optionee  dies or becomes a Disabled  Optionee,  as defined in Section 5(H),
and is  voluntarily  terminated  with the consent of the Company or a Subsidiary
during such six-month period). No nonstatutory stock option shall be exercisable
after the  expiration  of ten years and six  months  from the date of grant.  No
incentive  stock option (or  alternative  stock  appreciation  rights granted in
conjunction  with an incentive  stock  option)  shall be  exercisable  after the
expiration  of ten years from the date of grant or, in the case of an  incentive
stock option (or alternative  stock  appreciation  rights granted in conjunction
with an incentive stock option) granted to a Principal  Shareholder,  five years
from the date of grant.  No  alternative  stock  appreciation  rights granted in
conjunction  with an incentive stock option shall be exercisable  until the then
fair market value of the Common Stock,  determined as set forth in Section 5(J),
exceeds the option price. Except as provided in this Section 5(C) and in Section
5(H), stock options or stock appreciation rights may be exercised at such times,
in such amounts and subject to such  restrictions  as shall be determined by the
Board.


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<PAGE>

      D. If stock appreciation  rights are granted in addition to a nonstatutory
stock  option,  such stock  appreciation  rights shall entitle the optionee upon
exercise of the related stock option,  or any portion  thereof,  to receive from
the Company  (in  addition  to the shares to be  received  upon  exercise of the
related  stock  option)  that  number of shares of the  Common  Stock  having an
aggregate  fair market value on the date of exercise of the related stock option
equal to the excess of the fair market value of one share of the Common Stock on
such date of  exercise  over the option  price per share of such  related  stock
option  times the  number of shares  covered by the  related  stock  option,  or
portion thereof,  which is exercised.  No fractional  shares shall be issued but
instead,  except as provided below, cash shall be paid in lieu of any fractional
shares. The Board shall have the authority, in its discretion, to determine that
the obligation of the Company shall be paid in cash, or part in cash and part in
shares  except  that the Board  shall not pay to any  Director  or Key  Employee
subject to the  provisions  of Section  16(b) of the Exchange Act any portion of
the Company's  obligation in cash (including cash in lieu of a fractional share)
unless such related stock option is exercised during the period beginning on the
third and ending on the twelfth  business day  following the date of release for
publication of the Company's  quarterly or annual summary  statements of income.
For purposes of this Section 5(D),  fair market value shall be determined as set
forth in Section 5(J).

      E. If  alternative  stock  appreciation  rights are granted in conjunction
with a nonstatutory or incentive stock option,  such stock  appreciation  rights
shall be  exercisable  only to the  extent  that the  related  stock  option  is
exercisable.  Such  alternative  stock  appreciation  rights  shall  entitle the
optionee to  surrender  unexercised  the related  stock  option,  or any portion
thereof,  and to receive  from the Company in exchange  therefor  that number of
shares of the Common Stock having an aggregate  fair market value on the date of
exercise of the alternative stock appreciation rights equal to the excess of the
fair market value of one share of the Common Stock on such date of exercise over
the  option  price per share  times the  number of shares  covered  by the stock
option, or portion thereof, which is surrendered.  No fractional shares shall be
issued but instead,  except as provided below, cash shall be paid in lieu of any
fractional  shares.  The Board shall have the authority,  in its discretion,  to
determine  that the  obligation of the Company shall be paid in cash, or part in
cash and part in shares  except that the Board shall not pay to any  Director or
Key Employee  subject to the provisions of Section 16(b) of the Exchange Act any
portion  of the  Company's  obligation  in  cash  (including  cash  in lieu of a
fractional  share)  unless  such  alternative  stock  appreciation   rights  are
exercised  during the period  beginning  on the third and ending on the  twelfth
business day  following  the date of release for  publication  of the  Company's
quarterly  or annual  summary  statements  of income.  For the  purposes of this
Section  5(E),  fair market  value shall be  determined  as set forth in Section
5(J).

      F. If stock  appreciation  rights  are  granted  without a  related  stock
option,  such stock  appreciation  rights  shall  entitle  the  Director  or Key
Employee to receive  from the Company  that number of shares of the Common Stock
having an  aggregate  fair  market  value on the date of  exercise  of the stock
appreciation rights equal to the excess of the fair market value of one share of
the Common Stock on such date of exercise  over the base price per share of such
stock  appreciation  rights  times the  number of  shares  covered  by the stock
appreciation rights. No fractional shares shall be issued but instead, except as
provided below, cash shall be paid in lieu of any fractional  shares.  The Board
shall have the authority, in its discretion, to determine that the obligation of
the  Company  shall be paid in cash,  or part in cash and part in shares  except
that the Board shall not pay to any Director or Key Employee  subject to Section
16(b) of the  Exchange  Act any  portion  of the  Company's  obligation  in cash
(including  cash in lieu of a fractional  share) unless such stock  appreciation
rights are exercised  during the period beginning on the third and ending on the
twelfth  business  day  following  the date of release  for


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<PAGE>

publication of the Company's  quarterly or annual summary  statements of income.
For the purposes of this Section 5(F),  fair market value shall be determined as
set forth in Section 5(J).

      G. No stock option or stock  appreciation right shall be transferable by a
Director or Key  Employee  other than by will,  or if a Director or Key Employee
dies intestate, by the laws of descent and distribution of the state of domicile
of the Director or Key  Employee at the time of death,  and each stock option or
stock  appreciation right shall be exercisable during the lifetime of a Director
or Key Employee only by the Director or Key Employee.

      H.  Except  as  otherwise  provided  in  the  following  sentence,  if the
employment of a Key Employee is voluntarily  terminated  with the consent of the
Company or a Subsidiary or a Key Employee  retires under any retirement  plan of
the Company or a Subsidiary, any then outstanding incentive stock option held by
such Key Employee shall be exercisable (to the extent exercisable on the date of
termination  of  employment) by such Key Employee at any time prior to the stock
option  expiration  date or within three months after the date of termination of
employment, whichever is the shorter period. If the employment of a Key Employee
who is disabled  within the meaning of Section  422(C)(6) of the Code ("Disabled
Optionee")  is  voluntarily  terminated  with the  consent  of the  Company or a
Subsidiary,  any  outstanding  incentive  stock  option  held by  such  Disabled
Optionee  shall  be  exercisable  by  such  Disabled  Optionee  (to  the  extent
exercisable)  on the date of termination of employment) at any time prior to the
stock option expiration date or within one year after the date of termination of
employment,  whichever is the shorter period.  Whether termination of employment
is a voluntary  termination  with consent and whether a Key Employee is disabled
within the meaning of Section  422(c)(6) of the Code shall be determined in each
case by the Board  and any such  determination  by the Board  shall be final and
binding.

      If the  employment  of a Key  Employee,  or the service of a Director,  is
voluntarily terminated with the consent of the Company or a Subsidiary,  or such
Key Employee  retires under any retirement  plan of the Company or a Subsidiary,
any then  outstanding  nonstatutory  stock  option held by such Key  Employee or
Director  shall  be  exercisable  (to  the  extent  exercisable  on the  date of
termination of employment) by such Key Employee or Director at any time prior to
the  stock  option  expiration  date  or  within  one  year  after  the  date of
termination of employment, whichever is the shorter period.

      If the employment of a Key Employee, or the service of a Director, holding
stock appreciation  rights granted without a related stock option is voluntarily
terminated with the consent of the Company or a Subsidiary, or such Key Employee
retires under any retirement plan of the Company or a Subsidiary,  any such then
outstanding  stock  appreciation  rights  held by such Key  Employee or Director
shall be  exercisable  (to the extent  exercisable on the date of termination of
employment) by such Key Employee or Director at any time prior to the expiration
date of the  stock  appreciation  rights or  within  one year  after the date of
termination of employment, whichever is the shorter period.

      Following the death of a Director or Key Employee,  any outstanding  stock
option or stock appreciation  rights granted without a related stock option held
by such  Director or Key Employee at the time of death shall be  exercisable  in
full (whether or not so  exercisable on the date of the death of the Director or
Key  Employee,  but  subject  to such  other  restrictions  on the  exercise  of
incentive  stock  options  as are set  forth in  Section  5(C) by the  person or
persons entitled to do so under the will of the Director or Key Employee, or, if
the Director or Key Employee shall fail to make testamentary disposition of such
stock option or stock appreciation  rights or shall die intestate,  by the legal
representative of the Director or Key Employee, in


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<PAGE>

either  case at any time prior to the  expiration  date of such stock  option or
stock appreciation rights or within one year after the date of death,  whichever
is the shorter period.

      If the employment of a Key Employee or the service of a Director who is an
optionee or holds stock  appreciation  rights  granted  without a related  stock
option  terminates  for any reason other than as set forth in this Section 5(H),
the rights of such  Director or Key Employee  under any then  outstanding  stock
option or stock appreciation rights granted without a related stock option shall
terminate at the time of such termination of employment.

      I. Each stock option shall be confirmed by a stock option  agreement which
shall be executed by the Chairman of the Board or the President on behalf of the
Company  and by  the  person  to  whom  such  stock  option  is  granted.  Stock
appreciation  rights which are granted  without a related  stock option shall be
confirmed by a stock  appreciation  rights  agreement which shall be executed by
the  Chairman of the Board or the  President on behalf of the Company and by the
person to whom such stock appreciation rights are granted.

      J. So long as the Common  Stock is not listed on a  national  or  regional
securities exchange or quoted in the inter-dealer quotation system maintained by
the National  Association of Securities  Dealers,  Inc., the Board shall in good
faith  determine  the fair market value of the Common Stock on or as of the date
on which fair market value is to be determined. At such time as the Common Stock
shall be listed on a national or regional  securities  exchange or quoted in the
inter-dealer   quotation  system  maintained  by  the  National  Association  of
Securities Dealers,  Inc., the Board shall adopt such rules for determining fair
market value of the Common  Stock,  which shall employ such  generally  accepted
criteria of value and make  reference to such  generally  available and reliable
publications as the Board in its discretion may determine to be appropriate.

      Subject  to the  foregoing  provisions  of this  Section  5 and the  other
provisions of the Plan,  any stock option or stock  appreciation  rights granted
under the Plan shall be subject to such other terms and  conditions as the Board
shall deem advisable on the date of grant.

                                   SECTION 6

                      ADJUSTMENT AND SUBSTITUTION OF SHARES

      If a dividend  or other  distribution  shall be  declared  upon the Common
Stock payable in shares of the Common Stock,  the number of shares of the Common
Stock then subject to any outstanding stock option or stock appreciation  rights
granted  without a related  stock  option and the number of shares  which may be
issued or delivered  under the Plan but are not then  subject to an  outstanding
stock option or stock appreciation rights granted without a related stock option
shall be adjusted by adding  thereto the number of shares  which would have been
distributable  thereon if such shares had been outstanding on the date fixed for
determining  the  shareholders  entitled  to  receive  such  stock  dividend  or
distribution.

      If the  outstanding  shares of the Common  Stock shall be changed  into or
exchangeable  for a  different  number  or kind of  shares  of  stock  or  other
securities   of  the   Company   or   another   corporation,   whether   through
reorganization, reclassification,  recapitalization, stock split-up, combination
of shares,  merger or  consolidation,  then there shall be substituted  for each
share of the Common Stock subject to any then outstanding  stock option or stock
appreciation rights granted without a related stock option and for each share of
the Common  Stock  which may be issued or  delivered  under the Plan but are not
then subject to an outstanding stock option or stock

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<PAGE>

appreciation  rights granted without a related stock option, the number and kind
of shares of stock or other securities into which each outstanding  share of the
Common  Stock  shall  be so  changed  or for  which  each  such  share  shall be
exchangeable.

      In case of any adjustment or  substitution as provided for in this Section
6,  (i)  the  aggregate  option  price  for all  shares  subject  to  each  then
outstanding  stock option prior to such adjustment or substitution  shall be the
aggregate  option price for all shares of stock or other  securities  (including
any  fraction) to which such shares shall have been adjusted or which shall have
been  substituted  for such  shares  and (ii) the  aggregate  base price for all
shares  subject to  outstanding  stock  appreciation  rights  granted  without a
related  stock  option  shall be the base price for all shares of stock or other
securities  (including  any  fraction)  to which  such  shares  shall  have been
adjusted or which shall have been  substituted  for such shares.  Any new option
price or base price per share shall be carried to at least 3 decimal places with
the last decimal place rounded upwards to the nearest whole number.

      No adjustment or substitution provided for in this Section 6 shall require
the  Company  to  issue  or  sell a  fraction  of a  share  or  other  security.
Accordingly,  all fractional  shares or other  securities  which result from any
such adjustment or  substitution  shall be eliminated and not carried forward to
any subsequent adjustment or substitution.

      All  references  in this  Plan to  shares  shall,  where  the  context  so
requires, be deemed to be references to such shares as adjusted pursuant to this
Section 6. If any such  adjustment to the number of shares  subject to the grant
of stock options  requires the approval of  stockholders  in order to enable the
Company to issue incentive  stock options then no such adjustment  shall be made
without the approval of the stockholders.  Notwithstanding the foregoing, in the
case of incentive stock options, if the effect of any adjustment or substitution
is to cause the stock  option to fail to  continue  to qualify  as an  incentive
stock  option or to cause a  modification,  extension  or  renewal of such stock
option within the meaning of Section  424(h) of the Code, the Board of Directors
may elect not to make such  adjustment  or  substitution  but  rather  shall use
reasonable  efforts to effect  such other  adjustment  of each then  outstanding
stock  option  as the  Board of  Directors  in its sole  discretion  shall  deem
equitable  and  which  will not  result in any  disqualification,  modification,
extension or renewal  (within the meaning of Section 424(h) of the Code) of such
stock option.

                                    SECTION 7

           EFFECT OF THE PLAN ON THE RIGHTS OF DIRECTORS OR EMPLOYEES

      Neither the  adoption of the Plan nor any action of the Board  pursuant to
the Plan  shall be  deemed  to give any  Director  or  employee  any right to be
granted a stock  option  and/or  stock  appreciation  rights  under the Plan and
nothing in the Plan,  in any stock  option or in any stock  appreciation  rights
granted  under  the  Plan,  or in  any  stock  option  agreement  or  any  stock
appreciation rights agreement shall confer any right to any Director or employee
to continue as a Director of the Company or any Subsidiary or to continue in the
employ of the Company or any  Subsidiary or interfere in any way with the rights
of the Company or any  Subsidiary to terminate the employment of any employee at
any time.


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<PAGE>

                                    SECTION 8

                                    AMENDMENT

      The  right to alter  and  amend the Plan at any time and from time to time
and the right to revoke or terminate the Plan are hereby  specifically  reserved
to the Board;  provided  always that no such  revocation  or  termination  shall
terminate  any  outstanding  stock  option  and/or  stock  appreciation   rights
theretofore granted under the Plan; and provided further that no such alteration
or amendment of the Plan shall, without prior shareholder approval, (i) increase
the total number of shares which may be issued or delivered under the Plan, (ii)
make any changes in the class of eligible Directors or employees or (iii) extend
the periods  set forth in the Plan  during  which  stock  options  and/or  stock
appreciation  rights may be granted.  No  alteration,  amendment,  revocation or
termination  of the Plan shall,  without the written  consent of the holder of a
stock option  and/or stock  appreciation  rights  theretofore  granted under the
Plan,  adversely  affect the rights of such  holder  with  respect to such stock
option or stock appreciation rights.

                                    SECTION 9

                       EFFECTIVE DATE AND DURATION OF PLAN

      The date of adoption of the Plan with respect to incentive  stock  options
shall be October 1, 2001  provided that the Plan is ratified and approved by the
affirmative vote of the holders of at least a majority of the outstanding shares
of  voting  stock of the  Company  at a meeting  of such  holders  duly  called,
convened  and held on or prior to September  30,  2002.  The date of Adoption of
Plan for nonstatutory stock options shall be August 27, 1999. No stock option or
stock  appreciation  rights granted under the Plan may be exercised  until after
such ratification and approval. No stock option or stock appreciation rights may
be granted under the Plan subsequent to August 26, 2009.


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