EXHIBIT 10.3
                                  ------------

                           PLANET EARTH RECYCLING INC.
                             2001 STOCK OPTION PLAN

                             STOCK OPTION AGREEMENT
                           (NONQUALIFIED STOCK OPTION)

EMPLOYEE/OPTIONEE:                  _________________________

NUMBER  OF  SHARES:                 _________________________ Shares

OPTION  EXERCISE  PRICE:            $ ________________ per  Share

DATE  OF  GRANT:                                             ,  20
                                     ---------------------------------

EXERCISE  TERM:                      A  Period  of _________ Years  from  the
                                     Date  of  Grant

VESTING  SCHEDULE:      Percentage
                        of Shares      Date (from Grant Date)
                        ______*        __________
                        ______*        __________
                        ______*        __________
                        ______*        __________

  *rounded  to  the  next  whole  number  of  Shares


          THIS  OPTION  AGREEMENT (the "AGREEMENT") is entered into effective as
of  the _________ day  of ________ ,  2001 by and between PLANET EARTH RECYCLING
INC.,  a Nevada corporation (the "COMPANY"), and the individual designated above
(the  "OPTIONEE").

                                    RECITALS
                                    --------

     A.     The  2001  Stock Option Plan (the "PLAN") was adopted by the Company
on  ______________,  2001,  and  by  the shareholders on ____________, 2001; and

     B.     The  Optionee  performs  valuable  services  for  the  Company,  a
Subsidiary  or  a  Parent;  and

     C.     As of the date hereof, the Board of Directors of the Company granted
the  Option  as  provided  herein;


                             2001 STOCK OPTION PLAN
                       Nonqualified Stock Option Agreement
                                     Page 1
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     NOW,  THEREFORE,  the  parties  agree  to  the terms and conditions herein,
including  the  recitals.

1.   GRANT  OF  OPTION.
     -----------------

     1.1     Option.  An  option  to  purchase  shares  of  the Company's Common
             -------
Stock,  $0.001  par  value  per  share,  (the "SHARES") is hereby granted to the
Optionee  (the  "OPTION").

     1.2     Number  of  Shares.  The  number  of  Shares  that the Optionee can
             ------------------
purchase  upon  exercise  of  the Option and the dates upon which the Option can
first  be  exercised  are  set  forth  above.

     1.3     Option Exercise Price.  The price the Optionee must pay to exercise
             ---------------------
the  Option  (the  "OPTION  EXERCISE  PRICE")  is  set  forth  above.

     1.4     Date  of  Grant.  The  date  the  Option  is  granted (the "DATE OF
             ---------------
GRANT")  is  set  forth  above.

     1.5     Type  of Option.  The Option is intended to be a Nonqualified Stock
             ---------------
Option.  It  is  not intended to qualify as an Incentive Stock Option within the
meaning  of  Section  422  of the Internal Revenue Code of 1986, as amended from
time  to  time,  or  any  successor  provision  thereto.

     1.6     Construction.  This  Agreement shall be construed in accordance and
             ------------
consistent  with,  and subject to, the provisions of the Plan (the provisions of
which  are  incorporated herein by reference) and, except as otherwise expressly
set  forth  herein,  the capitalized terms used in this Agreement shall have the
same  definitions  as  set  forth  in  the  Plan.

     1.7     Condition.  The  Option  is conditioned on the Optionee's execution
             ---------
of  this Agreement.  If this Agreement is not executed by the Optionee it may be
canceled  by  the  Board.

2.   DURATION.
     --------

     The  Option  shall  be exercisable to the extent and in the manner provided
herein  during  the  EXERCISE TERM, which is set forth above; provided, however,
that the Option may be earlier terminated as provided in Section 1.7 and Section
5  hereof.

3.   VESTING.
     -------

     The Option shall vest, and may be exercised, with respect to the Shares, on
or after the dates set forth above, subject to earlier termination of the Option
as  provided  in  Section 1.7 and Section 5 hereof or in the Plan.  The right to
purchase the Shares as they become vested shall be cumulative and shall continue
during  the  Exercise  Term  unless  sooner  terminated  as  provided  herein.


                             2001 STOCK OPTION PLAN
                       Nonqualified Stock Option Agreement
                                     Page 2
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4.   MANNER  OF  EXERCISE  AND  PAYMENT.
     ----------------------------------

     4.1     To  exercise the Option, the Optionee must deliver a completed copy
of  the  OPTION EXERCISE FORM, attached hereto, to the address indicated on such
Form  or  such  other  address designated by the Company from time to time.  The
Option  may  be exercised in whole or in part with respect to the vested Shares;
provided, however, the Committee may establish a minimum number of Shares (e.g.,
100)  for  which an Option may be exercised at a particular time.  Within thirty
(30)  days  of  delivery  of the Option Exercise Form, the Company shall deliver
certificates  evidencing  the Shares to the Optionee, duly endorsed for transfer
to  the  Optionee,  free  and clear of all liens, security interests, pledges or
other  claims  or  charges.  Contemporaneously  with  the delivery of the Option
Exercise  Form,  Optionee shall tender the Option Exercise Price to the Company,
by cash, check, wire transfer or such other method of payment (e.g., delivery or
attestation  of  Shares  already  owned)  as  may be acceptable to the Committee
pursuant  to  the  Plan.

     4.2     The  Optionee  shall  not be deemed to be the holder of, or to have
any  of  the rights of a holder with respect to any Shares subject to the Option
until  (i)  the  Option  shall have been exercised pursuant to the terms of this
Agreement  and  the  Optionee  shall  have  paid the full purchase price for the
number  of Shares in respect of which the Option was exercised, (ii) the Company
shall  have  issued  and  delivered  the  Shares  to the Optionee, and (iii) the
Optionee's  name shall have been entered as a stockholder of record on the books
of  the  Company,  whereupon  the  Optionee  shall  have  full  voting and other
ownership  rights  with  respect  to  such  Shares.

5.   TERMINATION  OF  EMPLOYMENT  OR  CONSULTING  SERVICES.
     ------------------------------------------------------

     5.1     Termination  of  Status as Employee or Consultant Due to Death.  In
             --------------------------------------------------------------
the  event of the death of the Optionee, who at the time of his or her death was
an  Employee  or Consultant and who had been in Continuous Status as an Employee
or  Consultant  since  the  date  of  the  grant of the option, the Option shall
terminate  on the earlier of (i) six (6) months after the date of the Optionee's
death,  or (ii) the expiration date otherwise provided in this Agreement.  Under
these  circumstances,  the  portion  of  the  Option  that  has  vested  will be
exercisable  at  any time prior to such termination by the Optionee's estate, or
by  such person or persons who have acquired the right to exercise the Option by
bequest  or  by  inheritance  or  by  reason  of  the  death  of  the  Optionee.

     5.2     Termination  of Status as Employee or Consultant Due to Disability.
             ------------------------------------------------------------------
If  Optionee's  employment or consulting status is terminated at any time during
the  Exercise  Term  by  reason  of  a disability (within the meaning of Section
22(e)(3)  of  the  Code) and if the Optionee had been in Continuous Status as an
Employee  or Consultant at all times between the date of grant of the Option and
termination  of  his  or  her  status  as  an Employee or Consultant, the Option
terminates  on  the earlier of (i) one (1) year after the date of termination of
his or her status as an Employee, or (ii) the expiration date otherwise provided
in  this  Agreement.  Under  these circumstances, the portion of the Option that
has  vested  will  be  exercisable  by  the  Optionee  at any time prior to such
termination.


                             2001 STOCK OPTION PLAN
                       Nonqualified Stock Option Agreement
                                     Page 3
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     5.3     Termination  of  Employee  or  Consultant  for  Other  Reasons.  If
             --------------------------------------------------------------
Optionee's  status as an Employee or Consultant is terminated by the Optionee at
any  time  after  the  grant  of  an  Option  for any reason other than death or
disability,  as  provided  in  Sections  5.1 and 5.2, and not by the Company, as
provided  below,  the  Option  terminates on the earlier of (i) thirty (30) days
following termination of Optionee's status as an Employee or Consultant, or (ii)
the  expiration date otherwise provided in this Agreement.  If Optionee's status
as  an Employee or Consultant is terminated at any time by the Company after the
grant  of an Option by the Company for any reason, then the Option terminates on
the  date  of  termination  of  Optionee's  status as an Employee or Consultant.

     5.4     Employment by Subsidiary.  For purposes of this Section and Section
             ------------------------
8, employment with the Company includes employment with any Parent or Subsidiary
of  the  Company  and  service as a Director or Consultant of the Company or any
Parent  or  Subsidiary shall be considered service for the Company.  A change of
employment  between  the  Company  and  any  Parent  or  Subsidiary  (or between
Subsidiaries  or  between  a  Subsidiary  and  a Parent) is not a termination of
employment  or  services  under  this  Agreement.

6.   TRANSFERABILITY.
     ---------------

     Except  as  provided  by  the  following  sentence, the Option shall not be
transferable other than by will or by the laws of descent and distribution.  For
a  period  of _________ months  following  the  Date of Grant, the Option may be
transferred,  in  whole  or  in  part,  to the extent of _________ shares to the
following  persons: ________________________________________________ ; but to no
other  person.  During  the  lifetime  of  the  Optionee,  the  Option  shall be
exercisable  only  by  the  Optionee  or a transferee permitted by the preceding
sentence.  Optionee  hereby  represents  and  covenants that any transfer of the
Option  shall  be  to  a  "family member" as that term is defined by the General
Instructions  to  Form  S-8,  through  a  gift  or  a  domestic relations order.
Optionee shall provide the Company with notice of any such transfer prior to the
date _________ months  following  the Date of Grant and shall further provide to
the  Company  any  further  documentation  with respect to the transfer that the
Company  reasonably  requests.

7.   RESTRICTIONS  ON  THE  OPTIONS;  RESTRICTIONS  ON  THE  SHARES.
     --------------------------------------------------------------

     The  Option  may  not  be  exercised  at any time unless, in the opinion of
counsel  for  the  Company, the issuance and sale of the Shares issued upon such
exercise  is  exempt  from  registration  under  the  Securities Act of 1933, as
amended,  or  any  other  applicable  federal  or  state securities law, rule or
regulation,  or  the  Shares  have  been  duly  registered under such laws.  The
Company  shall not be required to register the Shares issuable upon the exercise
of the Option under any such laws.  Unless the Shares have been registered under
all  applicable  laws,  the  Optionee  shall  represent, warrant and agree, as a
condition to the exercise of the Option, that the Shares are being purchased for
investment  only  and  without a view to any sale or distribution of such Shares
and  that  such  Shares  shall  not  be transferred or disposed of in any manner
without  registration  under  such laws, unless it is the opinion of counsel for
the  Company  that  such  a  disposition  is exempt from such registration.  The
Optionee  acknowledges  that  an appropriate legend, in such form as the Company
shall  determine,  giving  notice  of  the  foregoing  restrictions shall appear
conspicuously on all certificates evidencing the Shares issued upon the exercise
of  the  Option.


                             2001 STOCK OPTION PLAN
                       Nonqualified Stock Option Agreement
                                     Page 4
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     The  Optionee  also  acknowledges  and  agrees that, in connection with any
public  offering  of  the  Company's  stock,  upon request of the Company or the
underwriters  managing  any  underwritten public offering of the Company's stock
and  making  such request with the approval of the Company's Board of Directors,
not to sell, make any short sale of, loan, grant any option for the purchase of,
or  otherwise  dispose of any of his Shares without the prior written consent of
the Company or such underwriters, as the case may be, from the effective date of
such  registration  for  so long as the Company or the underwriters may specify,
but  in  any  event  not  to  exceed  180  days.

8.   NO  RIGHT  TO  CONTINUED  EMPLOYMENT  OR  STATUS  AS  A  CONSULTANT.
     -------------------------------------------------------------------

     Nothing  in this Agreement or the Plan shall be interpreted or construed to
confer  upon the Optionee any right with respect to continuance of employment or
status  as  a  Consultant  by the Company or any Parent or Subsidiary, nor shall
this Agreement or the Plan interfere in any way with the right of the Company or
a  Parent  or  Subsidiary  to terminate the Optionee's employment or status as a
Consultant  at  any  time.

9.   ADJUSTMENTS  UPON  CERTAIN  EVENTS.
     ----------------------------------

     In  the  event  of  a  change in capitalization, such as a stock split, the
Committee  shall  make appropriate adjustments to the number and class of Shares
or  other  stock  or securities subject to the Option and the purchase price for
such  Shares  or other stock or securities.  The Committee's adjustment shall be
made  in accordance with the provisions of Section 6(j) of the Plan and shall be
effective  and  final,  binding  and conclusive for all purposes of the Plan and
this  Agreement.

     Subject  to  Section  6(i)  of  the  Plan,  upon  a  merger, consolidation,
separation,  reorganization or other business combination involving the Company,
the  Option shall be adjusted as provided in Section 6(j) of the Plan and/or the
Option  shall  be  assumed  or  replaced  with  a  substitute equivalent option.

10.  WITHHOLDINGS  OF  TAXES.
     -----------------------

     The Company shall have the right to deduct from any distribution of cash to
the  Optionee  an  amount equal to the federal, state and local income taxes and
other  amounts  as  may  be  required  by  law to be withheld (the "Withholdings
Taxes")  with  respect  to  the  Option.  If the Optionee is entitled to receive
Shares  upon  exercise  of  the  Option, the Optionee shall pay the Withholdings
Taxes  (if any) to the Company in cash prior to the issuance of such Shares.  In
satisfaction of the Withholdings Taxes, the Optionee may make a written election
(the "Tax Election"), which may be accepted or rejected in the discretion of the
Committee,  to have withheld a portion of the Shares issuable to him or her upon
exercise  of  the  Option,  having  an  aggregate Fair Market Value equal to the
Withholdings  Taxes,  provided that, if the Optionee may be subject to liability
under  Section  16(b)  of  the  Exchange  Act, the election must comply with the
requirements  applicable  to  Share  transactions  by  such  Optionees.


                             2001 STOCK OPTION PLAN
                       Nonqualified Stock Option Agreement
                                     Page 5
<PAGE>
11.  MODIFICATION  OF  AGREEMENT.
     ---------------------------

     This  Agreement  may be modified, amended, suspended or terminated, and any
terms  or conditions may be waived, only by a written instrument executed by the
parties  hereto.

12.  SEVERABILITY.
     ------------

     Should  any  provision  of  this  Agreement be held by a court of competent
jurisdiction  to  be  unenforceable  or  invalid  for  any reason, the remaining
provisions  of  this  Agreement shall not be affected by such Holdings and shall
continue  in  full  force  in  accordance  with  their  terms.

13.  GOVERNING  LAW.
     --------------

     The  validity,   interpretation,   construction  and  performance  of  this
Agreement  shall  be  governed by the laws of the State of Nevada without giving
effect  to  the  conflicts  of  laws  principles  thereof.

14.  SUCCESSORS  IN  INTEREST.
     ------------------------

     This  Agreement  shall  be  binding  upon, and inure to the benefit of, the
Company  and  its successors and assigns, and upon any person acquiring, whether
by  merger,  consolidation,  reorganization,  purchase  of  stock  or assets, or
otherwise,  all or substantially all of the Company's assets and business.  This
Agreement  shall  inure  to  the  benefit  of  the  Optionee's  heirs  and legal
representatives.  All  obligations  imposed  upon  the  Optionee  and all rights
granted  to  the  Company  under  this  Agreement  shall  be  final, binding and
conclusive  upon the Optionee's heirs, executors, administrators and successors.

15.  RESOLUTION  OF  DISPUTES.
     ------------------------

     Any dispute or disagreement which may arise under, or as a result of, or in
any  way  relate  to,  the  interpretation,  construction or application of this
Agreement  shall  be  determined by the Board.  Any determination made hereunder
shall  be  final, binding and conclusive on the Optionee and the Company for all
purposes.

     IN  WITNESS  WHEREOF, the parties have executed this Agreement effective as
of  the  date  first  above  written.

                    PLANET  EARTH  RECYCLING  INC.
                    By:____________________________

                    Name:__________________________

                    Title:_________________________


                             2001 STOCK OPTION PLAN
                       Nonqualified Stock Option Agreement
                                     Page 6
<PAGE>
     By  signing  below,  Optionee  hereby accepts the Option subject to all its
terms  and  provisions and agrees to be bound by the terms and provisions of the
Plan.  Optionee  hereby  agrees  to  accept as binding, conclusive and final all
decisions  or  interpretations  of the Board of Directors of the Company, and of
the  Committee  responsible  for  administration of the Plan, upon any questions
arising  under  the  Plan.  Optionee  authorizes  the  Company  to  withhold, in
accordance with applicable law, from any compensation payable to him or her, any
taxes  required to be withheld by federal, state or local law as a result of the
grant,  existence  or  exercise  of the Option or subsequent sale of the Shares.

                    OPTIONEE

                    Signature: __________________________

                    Name:      __________________________


                             2001 STOCK OPTION PLAN
                       Nonqualified Stock Option Agreement
                                     Page 7
<PAGE>
                           PLANET EARTH RECYCLING INC.
                             2001 Stock Option Plan

                              OPTION EXERCISE FORM
                              --------------------


     1.     EXERCISE OF OPTION.  Effective as of today, ______________ , 20___,
the  undersigned  ("Optionee")  elects to exercise Optionee's option to purchase
 shares  of  the Common Stock (the "Shares") of Planet Earth Recycling Inc. (the
"Company") under and pursuant to the 2001 Stock Option Plan (the "Plan") and the
stock  option  agreement dated __________________, 20__(the "Option Agreement").
The  purchase  price  for  the  Shares  shall be $ ________ , as required by the
Option  Agreement.

     2.     DELIVERY OF PAYMENT.  Optionee has delivered to the Company the full
exercise  price  of  the  Shares.

     3.     REPRESENTATIONS OF OPTIONEE. Optionee acknowledges that Optionee has
received,  read  and  understood the Plan and the Option Agreement and agrees to
abide  by  and  be  bound  by  their  terms  and  conditions.

SUBMITTED  BY: ______________________  ACCEPTED  BY:

OPTIONEE                              PLANET  EARTH  RECYCLING  INC.

______________________________        __________________________________
Signature
                                      By:_______________________________

_______________________________         Its:____________________________
Print  Name

_______________________________
Address

_______________________________
City,  State,  Postal  Code


Send or deliver this Form with
an original signature to:               Planet Earth Recycling  Inc.
                                        435  Martin  Street
                                        Blaine, Washington 98230
                                        Attn:  President


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