Document:

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                                                                  EXHIIBIT 10.02
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                                 KINTANA, INC.

                          1997 EQUITY INCENTIVE PLAN

                          As Adopted August 25, 1997
                           As Amended June 10, 1999
                            As Amended May 2, 2000
                          As Amended January 24, 2001

     1.   PURPOSE.  The purpose of this Plan is to provide incentives to
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attract, retain and motivate eligible persons whose present and potential
contributions are important to the success of the Company, its Parent and
Subsidiaries, by offering them an opportunity to participate in the Company's
future performance through awards of Options and Restricted Stock.  Capitalized
terms not defined in the text are defined in Section 22.  This Plan is intended
to be a written compensatory benefit plan within the meaning of Rule 701
promulgated under the Securities Act.

     2.   SHARES SUBJECT TO THE PLAN.
          --------------------------

          2.1  Number of Shares Available.  Subject to Sections 2.2 and 17, the
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total number of Shares reserved and available for grant and issuance pursuant to
this Plan will be Nine Million One Hundred Sixty Thousand Five Hundred Six
(9,160,506) Shares or such lesser number of Shares as permitted under Section
260.140.45 of Title 10 of the California Code of Regulations.  Subject to
Sections 2.2 and 17, Shares that: (a) are subject to issuance upon exercise of
an Option but cease to be subject to such Option for any reason other than
exercise of such Option or (b) are subject to an Award that otherwise terminates
without Shares being issued will again be available for grant and issuance in
connection with future Awards under this Plan.  At all times the Company will
reserve and keep available a sufficient number of Shares as will be required to
satisfy the requirements of all Awards granted under this Plan.

          2.2  Adjustment of Shares.  In the event that the number of
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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 paid in cash at Fair
Market Value of such fraction of a Share or will be rounded up to the nearest
whole Share, as determined by the Committee (as defined in Section 22 below).

     3.   ELIGIBILITY.  ISOs (as defined in Section 5 below) may be granted only
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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 and consultants of the Company or any
Parent or Subsidiary of the Company; provided such consultants render bona fide
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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.

     4.   ADMINISTRATION.
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          4.1  Committee Authority.  This Plan will be administered by the
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Committee or 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:

               (a)  construe and interpret this Plan, any Award Agreement and
                    any other agreement or document executed pursuant to this
                    Plan;

               (b)  prescribe, amend and rescind rules and regulations relating
                    to this Plan;
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               (c)  select persons to receive Awards;

               (d)  determine the form and terms of Awards;

               (e)  determine the number of Shares or other consideration
                    subject to Awards;

               (f)  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;

               (g)  grant waivers of Plan or Award conditions;

               (h)  determine the vesting, exercisability and payment of Awards;

               (i)  correct any defect, supply any omission, or reconcile any
                    inconsistency in this Plan, any Award, any Award Agreement,
                    any Exercise Agreement or any Restricted Stock Purchase
                    Agreement;

               (j)  determine whether an Award has been earned; and

               (k)  make all other determinations necessary or advisable for the
                    administration of this Plan.

          4.2  Committee Discretion.  Any determination made by the Committee
               --------------------
with respect to any Award will be made in its sole discretion 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.

     5.   OPTIONS.  The Committee may grant Options to eligible persons and will
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determine whether such Options will be Incentive Stock Options within the
meaning of the Code ("ISOs") 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:

          5.1  Form of Option Grant.  Each Option granted under this Plan will
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be evidenced by an Award Agreement which will expressly identify the Option as
an ISO or an NQSO ("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.

          5.2  Date of Grant.  The date of grant of an Option will be the date
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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.

          5.3  Exercise Period.  Options may be exercisable immediately (subject
               ---------------
to repurchase pursuant to Section 11 of this Plan) or 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
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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
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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. Subject to earlier termination of the Option
as provided herein, Participant's other than officers, directors or consultants
of the Company or of a Parent or Subsidiary of the Company shall have the right
to exercise an Option granted

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hereunder at the rate of at least twenty percent (20%) per year over five (5)
years from the date such Option is granted.

          5.4  Exercise Price.  The Exercise Price of an Option will be
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determined by the Committee when the Option is granted and may not be less than
85% of the Fair Market Value of the Shares on the date of grant; provided that
(i) the Exercise Price of an ISO will not be less than 100% of the Fair Market
Value of the Shares on the date of grant and (ii) the Exercise Price of any
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 must be made in accordance with Section 7 of this Plan.

          5.5  Method of Exercise.  Options may be exercised only by delivery to
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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 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, and any applicable taxes, for the
number of Shares being purchased.

          5.6  Termination.  Subject to earlier termination pursuant to
               -----------
Subsection 17.1 and notwithstanding the exercise periods set forth in the Stock
Option Agreement, exercise of an Option will always be subject to the following:

               (a)  If the Participant is Terminated for any reason except
                    death, Disability or for Cause, 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 shorter time period, not less than
                    thirty (30) days, as may be specified in the Stock Option
                    Agreement) or such longer time period not exceeding five (5)
                    years after the Termination Date as may be determined by the
                    Committee, with any exercise beyond three (3) months after
                    the Termination Date deemed to be an NQSO, but in any event,
                    no later than the expiration date of the Options.

               (b)  If the Participant is Terminated because of Participant's
                    death or Disability (or the Participant dies within three
                    (3) months after a Termination other than because of
                    Participant's death or Disability or Cause), then
                    Participant's Options may be exercised only to the extent
                    that such Options would have been exercisable by Participant
                    on the Termination Date and must be exercised by Participant
                    (or Participant's legal representative or authorized
                    assignee) no later than twelve (12) months after the
                    Termination Date (or such shorter time period, not less than
                    six (6) months, as may be specified in the Stock Option
                    Agreement) or such longer time period not exceeding five (5)
                    years after the Termination Date as may be determined by the
                    Committee, with any exercise beyond (a) three (3) months
                    after the Termination Date when the Termination is for any
                    reason other than the Participant's death or disability,
                    within the meaning of Section 22(e)(3) of the Code, or (b)
                    twelve (12) months after the Termination Date when the
                    Termination is for Participant's death or disability, within
                    the meaning of Section 22(e)(3) of the Code, deemed to be an
                    NQSO, but in any event no later than the expiration date of
                    the Options.

               (c)  If the Participant is terminated for Cause, then
                    Participant's options shall expire on such Participant's
                    Termination Date, or at such later time and on such
                    conditions as determined by the Committee.

          5.7  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 Participant from exercising
the Option for the full number of Shares for which it is then exercisable.

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          5.8  Limitations on ISOs.  The aggregate Fair Market Value (determined
               -------------------
as of the date of grant) of Shares with respect to which ISOs 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 or any 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 ISOs 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 ISOs 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 (as defined in Section 18 below) of this Plan to provide for a
different limit on the Fair Market Value of Shares permitted to be subject to
ISOs, then such different limit will be automatically incorporated herein and
will apply to any Options granted after the effective date of such amendment.

          5.9  Modification, Extension or Renewal.  The Committee may modify,
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extend or renew outstanding Options and authorize the grant of new Options in
substitution therefor, 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
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Exercise Price that would be permitted under Section 5.4 of this Plan for
Options granted on the date the action is taken to reduce the Exercise Price.

          5.10 No Disqualification.  Notwithstanding any other provision in this
               -------------------
Plan, no term of this Plan relating to ISOs 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.

     6.   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 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:

          6.1  Form of Restricted Stock Award. All purchases under a Restricted
               ------------------------------
Stock Award made pursuant to this Plan will be evidenced by an Award Agreement
("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 determined by the Committee.

          6.2  Purchase Price.  The Purchase Price of Shares sold pursuant to a
               --------------
Restricted Stock Award will be determined by the Committee and will be at least
85% of the Fair Market Value of the Shares on the date the Restricted Stock
Award is granted or at the time the purchase is consummated, 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 on the date the Restricted Stock Award is granted
or at the time the purchase is consummated. Payment of the Purchase Price may be
made in accordance with Section 7 of this Plan.

          6.3  Restrictions.  Restricted Stock Awards may be subject to the
               ------------
restrictions set forth in Section 11 of this Plan or such other restrictions not
inconsistent with Section 25102(o) of the California Corporations Code.

7.   PAYMENT FOR SHARE PURCHASES.
     ---------------------------

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

               (a)  by cancellation of indebtedness of the Company to the
                    Participant;

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               (b)  by surrender of shares that either:  (1) have been owned by
                    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 Participant in the public market;

               (c)  by tender of a full recourse promissory note having such
                    terms as may be approved by the Committee and bearing
                    interest at a rate sufficient to avoid imputation of income
                    under Sections 483 and 1274 of the Code; provided, however,
                    that Participants who are not employees or directors of the
                    Company will not be entitled to purchase Shares with a
                    promissory note unless the note is adequately secured by
                    collateral other than the Shares;

               (d)  by waiver of compensation due or accrued to the Participant
                    for services rendered;

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

               (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

               (2)  through a "margin" commitment from the Participant and an
                    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

               (f)  by any combination of the foregoing.

          7.2  Loan Guarantees.  The Committee may help the Participant pay for
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Shares purchased under this Plan by authorizing a guarantee by the Company of a
third-party loan to the Participant.

     8.   WITHHOLDING TAXES.
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          8.1  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.

          8.2  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 in its
sole discretion 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 for such elections and be in writing in a form
acceptable to the Committee.

     9.   PRIVILEGES OF STOCK OWNERSHIP.
          -----------------------------

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          9.1  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 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; provided, further, that the Participant will have no right to
retain such stock dividends or stock distributions with respect to Unvested
Shares that are repurchased pursuant to Section 11. The Company will comply with
Section 260.140.1 of Title 10 of the California Corporations Code with respect
to the voting rights of Common Stock.

          9.2  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, or as otherwise required or permitted under
Section 260.140.46 of Title 10 of the California Code of Regulations.
Notwithstanding the foregoing, 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.

     10.  TRANSFERABILITY.  Awards granted under this Plan, and any interest
          ---------------
therein, will not be transferable or assignable by Participant, and may not be
made subject to execution, attachment or similar process, otherwise than by will
or by the laws of descent and distribution. During the lifetime of the
Participant an Award will be exercisable only by the Participant, and any
elections with respect to an Award, may be made only by the Participant.

     11.  RESTRICTIONS ON SHARES.  At the discretion of the Committee, the
          ----------------------
Company may reserve to itself and/or its assignee(s) in the Award Agreement (a)
a right of first refusal to purchase all Shares that a Participant (or a
subsequent transferee) may propose to transfer to a third party, unless
otherwise not permitted by Section 25102(o) of the California Corporations Code,
provided, that such right of first refusal terminates when the Company's
--------
securities become publicly traded and/or (b) a right to repurchase Shares held
by a Participant following such Participant's Termination at any time within
ninety (90) days after Participant's Termination Date (or, in the case of
securities issued upon exercise of an Option after the Participant's Termination
Date, within 90 days after the date of such exercise) for cash and/or
cancellation of purchase money indebtedness, at: (A) with respect to Vested
Shares, the Fair Market Value of such Shares on Participant's Termination Date,
provided, that such right of repurchase terminates when the Company's securities
--------
become publicly traded; or (B) with respect to Unvested Shares, the
Participant's Exercise Price or Purchase Price, as the case may be, provided,
                                                                    --------
that to the extent the Participant is not an officer, director or consultant of
the Company or of a Parent or Subsidiary of the Company, such right of
repurchase at Exercise Price or Purchase Price, as the case may be, lapses at
the rate of at least twenty percent (20%) per year over five (5) years from:
(i) the date of grant of the Option or (ii) in the case of Restricted Stock, the
date the Participant purchases the Shares.

     12.  CERTIFICATES.  All certificates for Shares or other securities
          ------------
delivered under this Plan will be subject to such stock 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.

     13.  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 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, Participant will be required to execute and deliver a written pledge
agreement in such form as the

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<PAGE>

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.

     14.  EXCHANGE AND BUYOUT 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. The Committee may at any time buy from a
Participant an Award previously granted with payment in cash, Shares (including
Restricted Stock) or other consideration, based on such terms and conditions as
the Committee and the Participant may agree.

     15.  SECURITIES LAW AND OTHER REGULATORY COMPLIANCE.  This Plan is intended
          ----------------------------------------------
to comply with Section 25102(o) of the California Corporations Code. Any
provision of the Plan which is inconsistent with Section 25102(o) shall, without
further act or amendment by the Company or the Board, be reformed to comply with
the requirements of Section 25102(o). 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) compliance with any exemption, 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 exemption, 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.

     16.  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.

     17.  CORPORATE TRANSACTIONS.
          ----------------------

          17.1 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 which merges, or which owns or controls another
corporation which merges, with the Company in such merger) cease to own their
shares or other equity interests in the Company, or (d) the sale of
substantially all of the assets of the Company, 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 and other provisions no less
favorable to the Participant than those which applied to such outstanding Shares
immediately prior to such transaction described in this Subsection 17.1. 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 17.1, then notwithstanding any other provision in this Plan to the
contrary, such Awards will expire on such transaction at such time and on such
conditions as the Board will determine. 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 17.1, then notwithstanding any other
provision in this Plan to the contrary, the vesting of such Awards will
accelerate and the Options will become exercisable in full prior to the
consummation of such event at such times 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 in accordance with the
provisions of this Plan.

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          17.2 Other Treatment of Awards.  Subject to any greater rights granted
               -------------------------
to Participants under the foregoing provisions of this Section 17, in the event
of the occurrence of any transaction described in Section 17.1, any outstanding
Awards will be treated as provided in the applicable agreement or plan of
merger, consolidation, dissolution, liquidation or sale of assets.

          17.3 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.

     18.  ADOPTION AND STOCKHOLDER APPROVAL.  This Plan will become effective on
          ---------------------------------
the date that it is adopted by the Board (the "Effective Date"). This Plan will
be approved by the stockholders of the Company (excluding Shares issued pursuant
to this Plan), consistent with applicable laws, within twelve (12) months before
or after the Effective Date. Upon the Effective Date, the Board may grant Awards
pursuant to this Plan; provided, however, that no Option may be exercised prior
                       --------  -------
to stockholder approval of this Plan. In the event that stockholder approval is
not obtained within twelve (12) months before or after the date this Plan is
adopted by the Board, all Awards granted hereunder will be canceled, any Shares
issued pursuant to any Award will be canceled and any purchase of Shares
hereunder will be rescinded.

     19.  TERM OF PLAN/GOVERNING LAW.  Unless earlier terminated as provided
          --------------------------
herein, this Plan will terminate ten (10) years from the Effective Date or, if
earlier, the date of stockholder approval. This Plan and all agreements
hereunder shall be governed by and construed in accordance with the laws of the
State of California.

     20.  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 pursuant to the Code or the regulations promulgated
thereunder as such provisions apply to ISO plans.

     21.  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 otherwise than under this Plan, and such arrangements
may be either generally applicable or applicable only in specific cases.

     22.  DEFINITIONS.  As used in this Plan, the following terms will have the
          -----------
following meanings:

          "Award" means any award under this Plan, including any Option or
Restricted 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 Termination because of (i) any willful material
violation by the Participant of any law or regulation applicable to the business
of the Company or a Parent or Subsidiary of the Company, the Participant's
conviction for, or guilty plea to, a felony or a crime involving moral
turpitude, any willful perpetration by the Participant of a common law fraud or
any unlawful use by the Participant of drugs or other controlled substances,
(ii) the Participant's commission of an act of personal dishonesty which
involves personal profit in connection with the Company or any other entity
having a business relationship with the Company, (iii) any material breach by
the Participant of any provision of any agreement or understanding between the
Company and

                                       8
<PAGE>

the Participant regarding the terms of the Participant's service as an employee,
director, consultant, independent contractor or adviser to the Company or a
Parent or Subsidiary of the Company, including without limitation, the willful
and continued failure or refusal of the Participant to perform the material
duties required of such Participant as an employee, director, consultant,
independent contractor or adviser of the Company or a Parent or Subsidiary of
the Company, other than as a result of having a Disability, or a breach of any
applicable invention assignment and confidentiality agreement or similar
agreement between the Company and the Participant, (iv) Participant's disregard
of the policies of the Company so as to cause loss, damage or injury to the
property, reputation or employees of the Company or a Parent or Subsidiary of
the Company, or (v) any other misconduct by the Participant which is materially
injurious to the financial condition or business reputation of, or is otherwise
materially injurious to, the Company or a Parent or Subsidiary of the Company.

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

          "Committee" means the committee appointed by the Board to administer
this Plan, or if no committee is appointed, the Board.

          "Company"  means Kintana, Inc., 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 then 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;
                    ------

               (b)  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;
                                          -----------------------

               (c)  if such Common Stock is publicly traded but is not quoted on
                    the Nasdaq National Market nor 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 by The Wall Street Journal (or, if not so reported,
                               -----------------------
                    as otherwise reported by any newspaper or other source as
                    the Board may determine); or

               (d)  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 5.

          "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.

                                       9
<PAGE>

          "Plan" means this Kintana, Inc. 1997 Equity Incentive Plan, as amended
from time to time.

          "Purchase Price" the price at which a Participant may purchase
Restricted Stock.

          "Restricted Stock Award" means an award of Shares pursuant to Section
6.

          "SEC" means the 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 2 and 17, and any
successor security.

          "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 or consultant 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 Committee, 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 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
Stock 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").

          "Unvested Shares" means "Unvested Shares" as defined in the Award
Agreement.

                                       10<PAGE>

                                                                   EXHIBIT 10.03

                    [LOGO] THE CHAIN LINK TECHNOLOGIES LTD.

                      THE CHAIN LINK TECHNOLOGIES LIMITED

                          COMPANY SHARE OPTION SCHEME

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 1 of 1
<PAGE>

                 RULES OF THE CHAIN LINK TECHNOLOGIES LIMITED
                          COMPANY SHARE OPTION SCHEME

0. PURPOSE.  The purpose of this Scheme is to provide incentives to attract,
retain and motivate eligible persons whose present and potential contributions
are important to the success of the Company, its Parent and Subsidiaries, by
offering them an opportunity to participate in the Company's future performance
through awards of Share Options

1. DEFINITIONS

1.1 In these Rules the following words and expressions shall have the following
meanings

"Appropriate Period"     has the same meaning as in Paragraph 15(2) of Schedule
                         9 of ICTA 1988

"Approval Date"          the date on which the Scheme is approved by the Board
                         of Inland Revenue under Schedule 9.

"Associated Company"     has the same meaning as in Section 416 of ICTA 1988.

"Auditors"               the auditors for the time being of the Company (acting
                         as experts and not as arbitrators).

"Board"                  the Board of Directors of the Company or, except in
                         Rule 10.4, a duly constituted committee thereof.

"Cause"                  Termination because of (i) any wilful material
                         violation by the Eligible Employee of any law or
                         regulation applicable to the business of the Company or
                         a Parent or Subsidiary of the Company, the Eligible
                         Employee's conviction for, or guilty plea to, a felony
                         or a crime involving moral turpitude, any wilful
                         perpetration by the Eligible Employee of a common law
                         fraud or any unlawful use by the Eligible Employee of
                         drugs or other controlled substances, (ii) the Eligible
                         Employee's commission of an act of personal dishonesty
                         which involves personal profit in connection with the
                         Company or any other entity having a business
                         relationship with the Company, (iii) any material
                         breach by the Eligible Employee of any provision of any
                         agreement or understanding between the Company and the
                         Eligible Employee regarding the terms of the Eligible
                         Employee's service as an employee, director,
                         consultant, independent contractor or adviser to the
                         Company or a Parent or Subsidiary of the Company,
                         including without limitation, the wilful and continued
                         failure or refusal of the Eligible Employee to perform
                         the material duties required of such Eligible Employee
                         as an employee, director, consultant, independent
                         contractor or adviser of the Company or a Parent or
                         Subsidiary of the Company, other than as a result of
                         having a Disability, or a breach of any applicable
                         invention assignment and confidentiality agreement or
                         similar agreement between the Company and the Eligible
                         Employee, (iv) Eligible Employee's disregard of the
                         policies of the Company so as to cause loss, damage or
                         injury to the property, reputation or employees of the
                         Company or a Parent or Subsidiary of the Company, or
                         (v) any other misconduct by the Eligible Employee which
                         is materially injurious to the financial condition or
                         business reputation of, or is otherwise materially
                         injurious to, the Company or a Parent or Subsidiary of
                         the Company.

"Company"                CHAIN LINK TECHNOLOGIES LIMITED registered in England
                         No. 3810163 by whatever name known from time to time

"Control"                has the same meaning as in Section 840 of ICTA1988.

"Date of Grant"          the date on which an Option is, was, or is to be
                         granted under the Scheme.

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 2 of 2
<PAGE>

"Disability"             a disability, whether temporary or permanent, partial
                         or total, as determined by the Board.

"Eligible Employee"      any director of any Participating Company who is
                         required to devote to his duties not less than 25 hours
                         per week (excluding meal breaks) or any employee (other
                         than one who is a director) of any Participating
                         Company, provided that the director or employee is not
                         precluded by paragraph 8 of Schedule 9 from
                         participating in the Scheme.

"Expiration Date"        the date specified as such in the applicable Option
                         Certificate and on which date the Option shall expire.

"First Vesting Date"     the date specified as such in the applicable Option
                         Certificate and before which date the Option shall not
                         vest nor be exercisable.

"ICTA 1988"              The Income and Corporation Taxes Act 1988.

"Market Value"           On any day the market value of a Share determined in
                         accordance with the provisions of Part Vlll of the
                         Taxation of Chargeable Gains Act 1992 and agreed for
                         the purposes of the Scheme with the Inland Revenue
                         Shares Valuation Division on or before that day.

"Option"                 a right to subscribe for Shares granted (or to be
                         granted) in accordance with the Rules of this Scheme

"Option Holder"          an individual to whom an Option has been granted or his
                         personal representatives.

"Participating Company"  the Company and any other company of which the Company
                         has Control and which is for the time being nominated
                         by the Board to be a Participating Company .

"Schedule 9"             Schedule 9 ICTA 1988.

"Scheme"                 the employee share option scheme constituted and
                         governed by these rules as from time to time amended.

"Share"                  a $0.001 Common Stock share in the capital of CHAIN
                         LINK TECHNOLOGIES INC, (incorporated in Delaware,
                         U.S.A.), which satisfies the conditions specified in
                         paragraphs 10-14 inclusive of Schedule 9.

"Subscription Price"     the price at which each Share subject to an Option may
                         be acquired on the exercise of that Option determined
                         in accordance with Rule 2.

"Subsisting Option"      an option which has neither lapsed nor been exercised.

"Termination" or         means with respect to an Eligible Employee, that the
"Terminated"             Eligible Employee has for any reason ceased to provide
"Termination Date"       services as an employee, officer, director or
                         consultant 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) statutory leave, or (iii) any other leave
                         of absence approved by the Committee, 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 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 Option 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

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 3 of 3
<PAGE>

                         the expiration of the term set forth in the Option
                         Certificate. The Committee will have sole discretion to
                         determine whether an Eligible Employee has ceased to
                         provide services and the effective date on which the
                         Eligible Employee ceased to provide services (the
                         "Termination Date").

1.2  Where the context so admits the singular shall include the plural and vice
versa and the masculine shall include the feminine.
1.3  Any reference in the Scheme to any enactment includes a reference to that
enactment as from time to time modified, extended or re-enacted.
1.4  These rules are governed by and shall be construed in accordance with the
law of England and references herein to any statutes or statutory instruments or
any part or parts thereof are references to statutes or statutory instruments of
the United Kingdom unless otherwise specified.
1.5  These rules, together with all the model documents attached hereto,
constitute the entire agreement and understanding of the parties with respect to
the subject matter of the CHAIN LINK TECHNOLOGIES LIMITED COMPANY SHARE OPTION
SCHEME, and supersede all prior understandings and agreements, whether oral or
written, between the parties hereto with respect to the specific subject matter
hereof.

2. INVITATION TO APPLY FOR OPTIONS

2.1  At any time or times not earlier than the Approval Date the Board may in
its absolute discretion select any number of individuals who may at the intended
Date of Grant be Eligible Employees and invite them to apply for the grant of
Options to acquire Shares in CHAIN LINK TECHNOLOGIES INC.
2.2  Each invitation shall specify
i.   the date (being neither earlier than 7 nor later than 14 days after the
issue of the invitation) by which an application must be made,
ii.  the maximum number of Shares over which that individual may on that
occasion apply for an Option, being determined at the absolute discretion of the
Board save that it shall not be so large that the grant of the Option over that
number of Shares would cause the limit specified in Rule 5.1 to be exceeded,
iii. the Subscription Price at which Shares may be acquired on the exercise of
any Option granted in response to the application,
iv.  the First Vesting Date, and
v.   the Expiration Date
2.3  Each invitation shall be accompanied by an application in such form, not
inconsistent with these Rules, as the Board may determine.
2.4
i.   The Subscription Price shall not be less than the nominal value of a Share.
ii.  Subject to Rule 8, the Subscription Price shall not be less than the Market
Value of a Share on the day the invitation to apply for an Option was issued
pursuant to Rule 2.1.

3. APPLICATIONS FOR OPTIONS

3.1  Not later than the date specified in the invitation each Eligible Employee
to whom an invitation has been issued in accordance with Rule 2 above may apply
to the Board, using the application form supplied, for an Option over a number
of Shares not exceeding the number specified in the invitation .

4. GRANT OF OPTIONS

4.1  Not later than the twenty-first day following the issue of invitations the
Board may grant to each applicant who is still an Eligible Employee an Option
over the number of Shares specified in his application.
4.2  As soon as possible after Options have been granted the Board shall issue
an option certificate in respect of each Option in such form, not inconsistent
with these Rules, as the Board may determine.
4.3  No Option may be transferred, assigned or charged and any purported
transfer, assignment or charge shall cause the Option to lapse forthwith. Each
option certificate shall carry a statement to this effect.
4.4  Subject to Rules 8 and 15, the total number of Shares reserved and
available for grant and issuance pursuant to this Sceme will be 750,000 ( seven
hundred and fifty thousand) Shares or such lesser number of Shares as permitted
under Section 260.140.45 of Title 10 of the California Code of Regulations.
Subject Rules 8 and 15, Shares that: (a) are subject to issuance upon exercise
of an Option but cease to be subject to such Option for any reason other than
exercise of such Option or (b) are subject to an Option that otherwise
terminates without Shares being issued will again be available for grant and
issuance in connection with future Options under this Plan. At all times the
Company will reserve and keep available a sufficient number of Shares as will be
required to satisfy the requirements of all Options granted under this Plan.

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 4 of 4
<PAGE>

5. LIMITATIONS ON GRANTS

5.1  Any option granted to an Eligible Employee shall be limited and take effect
so that the aggregate Market Value of Shares subject to that Option, when
aggregated with the Market Value of shares subject to Subsisting Options, shall
not exceed (Pounds)30,000.
5.2  For the purposes of Rule 5.1
i.   Options shall include all Options granted under this Scheme and all options
granted under any other scheme, not being a savings-related share option scheme,
approved under Schedule 9 and established by the Company or any Associated
Company thereof.
ii.  The Market Value of shares shall be calculated as at the time the options
in relation to those shares were granted or such earlier time as may have been
agreed in writing with the Board of Inland Revenue.

6. EXERCISE OF OPTIONS

6.1  Subject to Rule 9 below, and provided the Eligible Employee continues to
provide services to the Company or any Subsidiary or Parent of the Company, any
Option which has not lapsed will become vested and exercisable as to portions of
the Shares as follows:
(i)  the Option shall not vest nor be exercisable with respect to any of the
Shares until the First Vesting Date; (ii) on the First Vesting Date the Option
will become vested and exercisable as to twenty-five percent (25%) of the
Shares; (iii) thereafter at the end of each full succeeding month the Option
will become vested and exercisable as to 2.08% of the Shares until the Shares
are vested with respect to one hundred percent (100%) of the Shares.  If
application of the vesting percentage causes a fractional share, such share
shall be rounded down to the nearest whole share for each month except for the
last month in such vesting period, at the end of which last month this Option
shall become exercisable for the full remainder of the Shares.

6.2  An Option shall lapse on the earliest of the following dates or events, or
earlier as provided elsewhere in these rules
i.   the Expiration Date
ii.  the Option Holder being adjudicated bankrupt
iii. the tenth anniversary of the date the Option is granted.

7. TERMINATION

7.1  If the Eligible Employee is terminated for any reason, except death,
Disability or Cause, the Option, to the extent (and only to the extent) that it
would have been exercisable by the Eligible Employee on the Termination Date,
may be exercised by the Eligible Employee, no later than three (3) months after
the Termination Date, but in any event no later than the Expiration Date.
7.2  If the Eligible Employee is terminated because of death or Disability of
the Eligible Employee (or the Eligible Employee dies within three (3) months of
termination when termination is for any reason other than the Eligible
Employee's disability or for cause) the Option, to the extent that it is
exercisable by the Eligible Employee on the Termination Date, may be exercised
by the Eligible Employee (or the Eligible Employee's legal representative), no
later than twelve (12) months after the Termination Date, but in any event no
later than the Expiration Date.
7.3  If the Eligible Employee is terminated for Cause, then the Option will
expire on The Eligible Employee's Termination Date, or at such later time and on
such conditions as are determined by the Board.
7.4  Nothing in the rules shall confer on the Eligible Employee any right to
continue in the employ of, or 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 the Eligible Employee's
employment or other relationship at any time, with or without Cause.

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 5 of 5
<PAGE>

8. VARIATION OF SHARE CAPITAL

In the event of any variation of the share capital of the CHAIN LINK
TECHNOLOGIES INC by way of capitalisation or rights issue, consolidation,
subdivision or reduction of capital or otherwise, the number of Shares subject
to any Option and the Subscription Price for each of those Shares shall be
adjusted in such manner as the Auditors confirm in writing to be fair and
reasonable provided that i. the aggregate amount payable on the exercise of an
Option in full is not increased
ii. the Subscription Price for a Share is not reduced below its nominal value
iii. no adjustment shall be made without the prior approval of the Board of
Inland Revenue and
iv. following the adjustment the Shares continue to satisfy the conditions
specified in paragraphs 10 to 14 inclusive of Schedule 9.

9. MANNER OF EXERCISE OF OPTIONS

9.1 No Option may be exercised by an individual at any time when he is precluded
by paragraph 8 of Schedule 9 from participating in the Scheme.
9.2 No Option may be exercised at any time when the shares which may be thereby
acquired do not satisfy the conditions specified in paragraphs 10-14 of Schedule
9.
9.3 An Option shall be exercised by the Option Holder giving notice to the
Company in writing of the number of Shares in respect of which he wishes to
exercise the Option accompanied by the appropriate payment and the relevant
option certificate and shall be effective on the date of its receipt by the
Company.
9.4 Shares shall be allotted and issued pursuant to a notice of exercise within
30 days of the date of exercise and a definitive share certificate issued to the
Option Holder in respect thereof. Save for any rights determined by reference to
a date preceding the date of allotment, such Shares shall rank pari passu with
the other shares of the same class in issue at the date of allotment.
9.5 When an Option is exercised only in part, the balance shall remain
exercisable on the same terms as originally applied to the whole Option and a
new option certificate shall be issued accordingly by the CHAIN LINK
TECHNOLOGIES INC as soon as possible after the partial exercise.

10. ADMINISTRATION AND AMENDMENT

10.1 The Scheme shall be administered by the Board whose decision on all
disputes shall be final.
10.2 The Board may from time to time amend these Rules provided that:
i. no amendment may materially affect an Option Holder as regards an Option
granted prior to the amendment being made
ii. no amendment may be made which would make the terms on which Options may be
granted materially more generous or would increase the limit specified in Rule
5.1 without the prior approval of the Company in general meeting and iii. no
amendment shall have effect until approved by the Board of Inland Revenue.
10.3 The cost of establishing and operating the Scheme shall be borne by the
Participating Companies in such proportions as the Board shall determine.
10.4 The Board may establish a committee consisting of not less than three Board
members to whom any or all of its powers in relation to the Scheme may be
delegated. The Board may at any time dissolve the Committee, alter its
constitution or direct the manner in which it shall act.
10.5 Any notice or other communication under or in connection with the Scheme
may be given by the Company either personally or by post to the secretary; items
sent by post shall be prepaid and shall be deemed to have been received 72 hours
after posting.
10.6 The CHAIN LINK TECHNOLOGIES INC shall at all times keep available
sufficient authorised and unissued Shares to satisfy the exercise to the full
extent still possible of all Options which have neither lapsed nor been fully
exercised, taking account of any other obligations of the CHAIN LINK
TECHNOLOGIES INC to issue unissued Shares.

11. WITHOLDING TAXES

Whenever Shares are to be issued in satisfaction of Options granted under this
Scheme, the Company may require the Option Holder to remit to the Company an
amount sufficient to satisfy any withholding tax requirements prior to the
delivery of any certificate or certificates for such Shares.

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 6 of 6
<PAGE>

12. PRIVILEGES OF SHARE OWNERSHIP: VOTING AND DIVIDENDS

No Option Holder will have any of the rights of a shareholder with respect to
any Shares until the Shares are issued to the Option Holder. After Shares are
issued to the Option Holder, the Option Holder will be a shareholder and have
all the rights of a shareholder 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.

13.  TRANSFERABILITY

Options granted under this Scheme, and any interest therein, will not be
transferable or assignable by the Eligible Employee, and may not be made subject
to execution, attachment or similar process, otherwise than by will or by the
laws of descent and distribution. During the lifetime of the Eligible Employee
an Option will be exercisable only by the Eligible Employee, and any elections
with respect to an Option may be made only by the Eligible Employee.

14. NO OBLIGATION TO EMPLOY

Nothing in this Scheme or any Option granted under this Scheme will confer or be
deemed to confer on any Option Holder 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 Option Holder's employment or other
relationship at any time, with or without Cause.

15. TAKEOVERS AND LIQUIDATIONS

15.1 If any person obtains Control of CHAIN LINK TECHNOLOGIES INC as a result of
making

i. a general offer to acquire the whole of the issued share capital of CHAIN
LINK TECHNOLOGIES INC which is made on a condition such that if it is satisfied
the person making the offer will have Control of CHAIN LINK TECHNOLOGIES INC or

ii. a general offer to acquire all the shares in CHAIN LINK TECHNOLOGIES INC
which are of the same class as the Shares

then any Subsisting Option may subject to Rule 15.4 below be exercised within
six months of the time when the person making the offer has obtained Control of
CHAIN LINK TECHNOLOGIES INC and any condition subject to which the offer is made
has been satisfied.

15.2 If under Section 425 of the Companies Act 1985 the Court sanctions a
compromise or arrangement proposed for the purposes of or in connection with a
scheme for the reconstruction of the Company or its amalgamation with any other
company or companies, any Subsisting Option may subject to Rule 15.4 below be
exercised within six months of the Court sanctioning the compromise or
arrangement.

15.3 If any person becomes bound or entitled to acquire shares in the Company
under Section 428 to 430 of the said Act of 1985 any Subsisting Option may
subject to Rule 15.4 below be exercised at any time when that person remains so
bound or entitled.

15.4 If as a result of the events specified in Rules 15.1 or 15.2 a company has
obtained Control of CHAIN LINK TECHNOLOGIES INC or of the Company, or if a
company has become bound or entitled as mentioned in Rule 15.3, the Option
Holder may, by agreement with that other company (the "Acquiring Company"),
within the Appropriate Period, release each Subsisting Option (the "Old Option")
for an option (the "New Option") which satisfies the conditions that it

i. is over shares in the Acquiring Company or some other company falling within
paragraph (b) or paragraph (c) of Paragraph 10, Schedule 9 which satisfy the
conditions specified in Paragraphs 10 to 14 inclusive of Schedule 9

ii. is a right to acquire such number of such shares as has on acquisition of
the New Option an aggregate Market Value equal to the aggregate Market Value of
the shares subject to the Old Option on its release

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 7 of 7
<PAGE>

iii. has a subscription price per share such that the aggregate price payable on
the complete exercise equals the aggregate price which would have been payable
on complete exercise of the Old Option and

iv. is otherwise identical in terms to the Old Option.
The New Option shall, for all other purposes of this scheme, be treated as
having been acquired at the same time as the Old Option.

Where any New Options are granted pursuant to this clause 15.4, Rules 4.3, 6, 8,
9, 10.1, 10.3 to 10.6, and 15 shall, in relation to the New Options, be
construed as if references to the CHAIN LINK TECHNOLOGIES INC or the Company (as
appropriate) and to the Shares were references to the Acquiring Company or, as
the case may be, to the other company to whose shares the New Options relate,
and to the shares in that other company, but references to Participating Company
shall continue to be construed as if references to the Company were references
to CHAIN LINK TECHNOLOGIES INC or to CHAIN LINK TECHNOLOGIES LIMITED (as
appropriate).

15.5 If the to CHAIN LINK TECHNOLOGIES INC or Company passes a resolution for
voluntary winding up, any Subsisting Option may be exercised within six months
of the passing of the resolution.

15.6 For the purposes of this Rule 15, other than Rule 15.4, a person shall be
deemed to have obtained Control of a company if he and others acting in concert
with him have together obtained Control of it.

15.7 The exercise of an Option pursuant to the preceding provisions of this Rule
15 shall be subject to the provisions of Rule 9 above.

15.8 Where in accordance with Rule 15.4 Subsisting Options are released and New
Options granted the New Options shall not be exercisable in accordance with Rule
15.1, 15.2, and 15.3 above by virtue of the event by reason of which the New
Options were granted.

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 8 of 8
<PAGE>

MODEL LETTER OF INVITATION

ON LETTERHEAD OF CHAIN LINK TECHNOLOGIES LIMITED

NAME_________________________________
ADDRESS______________________________
_______________________________________
_______________________________________
_______________________________________
Date ___________________

Dear ___________________

THE CHAIN LINK TECHNOLOGIES LIMITED COMPANY SHARE OPTION SCHEME ("the Scheme")

The Board has decided to invite you to apply for an Option to acquire
[_______________] Common Stock Shares of $0.001 each in the capital of the CHAIN
LINK TECHNOLOGIES INC under the terms of the Scheme Rules.

The grant of the Option will be subject to the Rules of the Scheme, a copy of
which is attached for your consideration.

The subscription price per share payable upon the exercise of the Option will be
______________________ [insert subscription price].

The First Vesting Date will be _______________________ [Insert First Vesting
Date]

The Expiration Date will be _______________________ [Insert Expiration Date]

If you wish to accept this invitation, as to all or part of the shares
specified, please complete the attached application form and send it to the
Company so as to arrive by NOT LATER THAN _______________[insert date required
by the Scheme Rules].

Yours sincerely

 ...........................
Name_______________________

 ...........................
Name_______________________

 ...........................
Name_______________________
[signed by the Directors of CHAIN LINK TECHNOLOGIES LIMITED]

and

Agreed by a duly authorised representative of the CHAIN LINK TECHNOLOGIES INC

 ...........................
Name_______________________
[signed by a duly authorised representative of the CHAIN LINK TECHNOLOGIES INC]

               Chain Link Technologies Ltd. Share Option Scheme

                                                                     Page 9 of 9
<PAGE>

MODEL APPLICATION FORM

               _______________________________  Home address of
               _______________________________  eligible employee
               _______________________________
               _______________________________
               _______________________________

Date _____________________

To: The Directors,
THE CHAIN LINK TECHNOLOGIES LIMITED

________________________________Address of
________________________________CHAIN LINK TECHNOLOGIES LIMITED
_______________________________
_______________________________
_______________________________

Dear Sirs

THE CHAIN LINK TECHNOLOGIES LIMITED COMPANY SHARE OPTION SCHEME

With reference to your letter of [_____________] I hereby apply for the grant of
an Option under the above Scheme to subscribe for [_____________*] Common Stock
Shares of $0.001 each in the capital of the CHAIN LINK TECHNOLOGIES INC at a
subscription price of [________________ insert subscription price].

If my application is accepted I agree to comply with and be bound by the Rules
of the Scheme and by any amendments or variations thereto.

Yours faithfully
                    Signed......................................
                                   [Eligible Employee]

          Full Name of Employee ____________________________________

 *Applications must be for no more than the number of shares specified in the
                             Letter of Invitation.

               Chain Link Technologies Ltd. Share Option Scheme

                                                                   Page 10 of 10
<PAGE>

MODEL OPTION CERTIFICATE

ON LETTERHEAD OF CHAIN LINK TECHNOLOGIES LIMITED

THE CHAIN LINK TECHNOLOGIES LIMITED
COMPANY SHARE OPTION SCHEME

OPTION CERTIFICATE

This is to certify that.............................................is the
holder of an Option to acquire up to a maximum of ............ Common Stock
shares of $0.001 each of CHAIN LINK TECHNOLOGIES INC at a price of
 .................per ordinary share.

This Option was granted on ..............................................under
the Rules of the CHAIN LINK TECHNOLOGIES LIMITED COMPANY Share Option Scheme.

The Option is exercisable in accordance with the terms of the Scheme Rules.

The First Vesting Date is _______________________ [Insert First Vesting Date]

The Expiration Date is _______________________ [Insert Expiration Date]

If there is to be no charge to United Kingdom income tax on the exercise of an
Option then, in addition to complying with the rules of the Scheme, the
exercises must be . made at a time when the Scheme retains Inland Revenue
approval . not earlier than 3 or later than 10 years after the Option was
granted and . not earlier than 3 years following the latest previous exercise by
the Eligible Employee of an Option (obtained under this or any other Option
Scheme (except a savings related Share Option Scheme) approved by the Inland
Revenue) which enjoyed relief from income tax.

It is not transferable, and will lapse upon the occasion of an assignment,
charge, disposal or other dealing with the rights conveyed by it in any other
circumstances.

In witness wherof the common seal of CHAIN LINK TECHNOLOGIES LIMITED has been
hereunto affixed this ___________ day of ___________________________

In the presence of

               Signed ..........................

               Name_____________________________
                            Director

               Signed ..........................

               Name_____________________________
                           Secretary

and

Agreed by a duly authorised representative of the CHAIN LINK TECHNOLOGIES INC

 ...........................
Name_______________________
[signed by a duly authorised representative of the CHAIN LINK TECHNOLOGIES INC]

THIS CERTIFICATE IS IMPORTANT AND SHOULD BE KEPT IN A SAFE PLACE

               Chain Link Technologies Ltd. Share Option Scheme

                                                                   Page 11 of 11
<PAGE>

MODEL NOTICE OF EXERCISE OF OPTION

To: The Secretary
THE CHAIN LINK TECHNOLOGIES LIMITED

________________________________Address of
________________________________CHAIN LINK TECHNOLOGIES LIMITED
________________________________
________________________________
________________________________

From: ......................................(name in BLOCK CAPITALS)
 ............................................(ADDRESS)
 ............................................
 ............................................
 ............................................

(1) I hereby give notice to CHAIN LINK TECHNOLOGIES LIMITED that immediately
upon your receipt of this certificate and the enclosed remittance I am
exercising the Option, granted in the attached Option Certificate, to acquire
 .....................................Common Stock shares of $0.001 each in CHAIN
LINK TECHNOLOGIES INC at the subscription price stated of $______________

(2) I enclose herewith a cheque drawn in favour of CHAIN LINK TECHNOLOGIES INC
for ..............being the amount payable in full for those shares.

(3)  I UNDERSTAND THAT I MAY SUFFER ADVERSE TAX CONSEQUENCES AS A RESULT OF MY
PURCHASE OR DISPOSITION OF THE SHARES. I REPRESENT: (i) THAT I HAVE CONSULTED
WITH ANY TAX ADVISER THAT I DEEM ADVISABLE IN CONNECTION WITH THE PURCHASE OR
DISPOSITION OF THE SHARES AND (ii) THAT I AM NOT RELYING ON THE COMPANY OR ITS
ADVISORS FOR ANY TAX ADVICE

(4.1) I understand and acknowledge that the Shares have not been registered with
the United States SEC under the United States Securities Act and that,
notwithstanding any other provision of the CHAIN LINK TECHNOLOGIES LIMITED
Company Share Option Scheme to the contrary, the exercise of any rights to
purchase any Shares is expressly conditioned upon compliance with the said
Securities Act and all applicable United States state securities laws. I agree
to cooperate with the Company and the CHAIN LINK TECHNOLOGIES INC to ensure
compliance with such laws. The Shares are being issued under the said Securities
Act pursuant to the exemption provided by United States SEC Rule 701.

(4.2) I understand and acknowledge that the CHAIN LINK TECHNOLOGIES LIMITED
Company Share Option Scheme, including the Letter of Invitation, Application
Form, Option Certificate and this Notice of Exercise of Option are intended to
comply with Section 25102(o) of the California Corporations Code and any rules
(INCLUDING COMMISSIONER RULES, IF APPLICABLE) or regulations promulgated
thereunder BY THE CALIFORNIA DEPARTMENT OF CORPORATIONS (the "REGULATIONS"). Any
provision of this Notice of Exercise of Option which is inconsistent with
Section 25102(o) shall, without further act or amendment by the Company or the
Board, be reformed to comply with the requirements of Section 25102(o). THE SALE
OF THE SECURITIES THAT ARE THE SUBJECT OF

               Chain Link Technologies Ltd. Share Option Scheme

                                                                   Page 12 of 12
<PAGE>

THIS NOTICE OF EXERCISE OF OPTION, IF NOT YET QUALIFIED WITH THE CALIFORNIA
COMMISSIONER OF CORPORATIONS AND NOT EXEMPT FROM SUCH QUALIFICATION, IS SUBJECT
TO SUCH QUALIFICATION, AND THE ISSUANCE OF SUCH SECURITIES, AND THE RECEIPT OF
ANY PART OF THE CONSIDERATION THEREFOR PRIOR TO SUCH QUALIFICATION IS UNLAWFUL
UNLESS THE SALE IS EXEMPT. THE RIGHTS OF THE PARTIES TO THIS EXERCISE AGREEMENT
ARE EXPRESSLY CONDITIONED UPON SUCH QUALIFICATION BEING OBTAINED OR AN EXEMPTION
BEING AVAILABLE.

(5) I understand that I may not transfer any Shares unless such Shares are
registered under the United States Securities Act or qualified under applicable
United States state securities laws or unless, in the opinion of counsel to the
Company or to CHAIN LINK TECHNOLOGIES INC , exemptions from such registration
and qualification requirements are available. I understand that only the CHAIN
LINK TECHNOLOGIES INC may file a registration statement with the United States
SEC and that CHAIN LINK TECHNOLOGIES INC is under no obligation to do so with
respect to the Shares. I have also been advised that exemptions from
registration and qualification may not be available or may not permit me to
transfer all or any of the Shares in the amounts or at the times proposed by me.

(5.2) In addition, I have been advised that United States SEC Rule 144
promulgated under the said Securities Act, which permits certain limited sales
of unregistered securities, is not presently available with respect to the
Shares and, in any event, requires that the Shares be held for a minimum of one
(1) year, and in certain cases two (2) years, after they have been purchased and
paid for (within the meaning of Rule 144). I understand that Rule 144 may
indefinitely restrict transfer of the Shares so long as I remain an "affiliate"
of the Company or if "current public information" about the Company (as defined
in Rule 144) is not publicly available.

(6) Market Standoff Agreement:  I agree in connection with any registration of
CHAIN LINK TECHNOLOGIES INC's securities that, upon the request of the Company
or CHAIN LINK TECHNOLOGIES INC or the underwriters managing any public offering
of the CHAIN LINK TECHNOLOGIES INC's securities, I will not sell or otherwise
dispose of any Shares without the prior written consent of CHAIN LINK
TECHNOLOGIES INC or such underwriters, as the case may be, for such period of
time (not to exceed one hundred eighty (180) days) after the effective date of
such registration requested by such managing underwriters and subject to all
restrictions as the Company or CHAIN LINK TECHNOLOGIES INC or the underwriters
may specify. I further agree to enter into any agreement reasonably required by
the underwriters to implement the foregoing.

          Signed ..............................

          Date Signed__________________________

               Chain Link Technologies Ltd. Share Option Scheme

                                                                   Page 13 of 13

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