EXHIBIT 10.1

                         GLOBAL BUSINESS SERVICES, INC.
                             2003 STOCK AWARD PLAN


1. PURPOSE OF THE PLAN

     The Global  Business  Services,  Inc. 2003 Stock Award Plan (the "Plan") is
intended  to  attract,  retain,  motivate  and reward  employees,  officers  and
directors of and consultants to and attorneys for Global Business Services, Inc.
(the  "Company")  and  subsidiaries  of  the  Company,   who  are  and  will  be
contributing to the success of the business of the Company by compensating  them
in the form of stock in the Company. It is the intention of the Company that the
Plan comply with the definition of an "employee  benefit plan" contained in Rule
405  under  the  Securities  Act of 1933,  as  amended,  (the  "Act"),  and that
issuances  of  Shares  be made  only to  "employees"  as  defined  in Rule  405.
Accordingly,  the Company may from time to time, grant to selected attorneys and
consultants  ("participants") awards ("awards") of shares of common stock of the
Company,  $.01  par  value  ("Shares"),  subject  to the  terms  and  conditions
hereinafter  provided.  In no instance  shall  Shares be awarded for purposes of
capital raising or to maintain a market in the securities of the Company.

2. ADMINISTRATION OF THE PLAN

     This Plan shall be  administered  by the Board of  Directors of the Company
(the  "Board").  The Board is authorized to interpret the Plan and may from time
to time adopt such rules and  regulations  for  carrying  out the Plan as it may
deem   appropriate,   including   rules  and  regulations  to  comply  with  the
requirements  of Rule  16(b)(3)  under the  Securities  Exchange Act of 1934. No
Director shall be eligible to receive an award under the Plan.  Decisions of the
Board  in  connection  with the  administration  of the  Plan  shall  be  final,
conclusive,  and binding upon all parties,  including the Company,  shareholders
and participants.

     Subject to the terms, provisions,  and conditions of this Plan as set forth
herein, the Board shall have sole discretion and authority:

     (1)  to select the  participants to be awarded Shares (it being  understood
          that more than one award may be granted to the same participant);

     (2)  to determine the number of Shares to be awarded to each participant;

     (3)  to determine the time or times when the awards may be granted;

     (4)  to prescribe the form of stock legend for the  certificates  of Shares
          or other  instruments,  if any,  evidencing any awards,  granted under
          this Plan, and

     (5)  to cause  Shares to be  registered  on Form S-8  under the Act  either
          prior or subsequent to the making of an award.

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3. SHARES SUBJECT TO THE PLAN

     The  aggregate  number of Shares which may be awarded  under the Plan shall
not exceed 5,000,000 Shares of the Company.  Shares to be awarded under the Plan
shall  be made  available,  at the  discretion  of the  Board,  either  from the
authorized  but  unissued  shares of the Company or from shares of common  stock
reacquired by the Company, including shares purchased in the open market.

4. ELIGIBILITY

     Shares shall be awarded to directors,  officers,  employees and consultants
to the Company,  it being the intention of the Company that awards shall be made
only to persons who satisfy the  definition of "employee"  contained in Rule 405
under the Act.  Shares  shall only be awarded to  natural  persons  who  provide
bonafide  services to the Company which services are not in connection  with the
offer or sale of securities in a  capital-raising  transaction  and which do not
directly  or  indirectly   promote  or  maintain  a  market  for  the  Company's
securities.

5. AWARDS AND CERTIFICATES

     Each participant shall be issued a certificate or certificates representing
Shares awarded under the Plan. Such certificate  shall be registered in the name
of the  participant,  and shall bear an  appropriate  restrictive  legend on its
face,  unless such Shares have been  registered  under the Act.  The Company may
register on Form S-8 under the Act, on behalf of the participants, Shares issued
or to be issued pursuant to the Plan.

6.   TERMINATION AND AMENDMENT

     The Board may amend,  suspend,  or terminate  the Plan at any time provided
that no such  modification  shall impair the rights of any  recipient  under any
award.

7. MISCELLANEOUS

     (a) Nothing in the Plan shall  require the Company to issue or transfer any
Shares  pursuant to an award if such issuance or transfer  would, in the opinion
of the Board,  constitute or result in a violation of any applicable  statute or
regulation of any jurisdiction relating to the disposition of securities.

     (b)  Notwithstanding  any other provision of the Plan, the Board may at any
time make or provide for such  adjustment  to the Plan,  to the number of Shares
available thereunder, or to any awards of Shares as it shall deem appropriate to
prevent dilution or enlargement of rights, including adjustments in the event of
changes  in the number of  outstanding  Shares by reason of stock  dividends  or
distributions,  stock splits or other  combinations  or  subdivisions  of stock,
recapitalization,   issuances  by  reclassification,   mergers,  consolidations,
combinations or exchanges of shares, separations, reorganizations, liquidations,
or other similar corporate changes. Any such determination by the Board shall be
conclusive.

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     (c) No  participant  or other  person  shall  have any claim or right to be
granted  Shares  under the  Plan,  and  neither  the Plan nor any  action  taken
thereunder  shall be  construed  as giving any  participant  or other person any
right to be retained in the employ of or by the Company.

     (d) Income realized as a result of an award of Shares shall not be included
in the  recipient's  earnings  for the purpose of any benefit  plan in which the
recipient may be enrolled or for which the recipient may become  eligible unless
otherwise specifically provided for in such plan.

     (e) If and when a  participant  is  required  to pay the  Company an amount
required to be withheld  under any  federal,  state or local  income tax laws in
connection  with an award under the Plan, the Board may, in its sole  discretion
and subject to such rules as it may adopt, permit the participant to satisfy the
obligation, in whole or in part, be electing to have the Company withhold Shares
having a fair market  value equal to the amount  required  to be  withheld.  The
election to have Shares  withheld  must be made on or before the date the amount
of tax to be withheld is determined.

8. EFFECTIVE DATE AND TERM OF THE PLAN

     The  effective  date of the Plan shall be June 13,  2003 and the Plan shall
remain in full force  until  December  31,  2004 or until all  Shares  have been
awarded, whichever first occurs.



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