Document:

EXHIBIT 10.13

                          Material Technologies, Inc.
                       11661 San Vincente Blvd. Suite 707
                              Los Angeles, CA 90049
                                 (310) 208-5589
                               FAX (310) 473-3177
                              Email. matech@att.net
                                 --------------
                             SUBSCRIPTION AGREEMENT
                             ----------------------

THE  SUBSCRIPTION  AGREEMENT,  made  this_____  day  of __________, 2001, by and
between  Material Technologies, Inc. a Delaware Corporation (the "Company"), and
the  undersigned subscriber (the "Subscriber"), who, for and in consideration of
the  mutual promises and covenants set forth herein, do hereby agree as follows:

1.  SUBSCRIPTION.  The  Subscriber  hereby subscribes ------------ for Shares of
$0.01 par value Common Stock of the Company at a price of $______ per Share, and
tenders  herewith  as  payment  a  subscription  by  check or wire transfer made
payable  and  delivered  to  the  Company.  This  Subscription  Agreement  is an
irrevocable  offer  by the Subscriber to subscribe for securities offered by the
Company, and, subject to the terms thereof, shall become a contract for the sale
of  said  securities  upon  acceptance  thereof  by  the  Company.

2.  ACCEPTANCE.  This  Subscription  Agreement  is made subject to the Company's
discretionary  right  to  accept  or  reject  this  subscription  herein. If the
Company,  for  any  reason,  rejects this subscription, the Subscription will be
refunded  IN  FULL,  without  interest, and this Subscription Agreement shall be
null, void and of no effect. Acceptance of this Subscription by the Company will
be  evidence  by  the  execution  hereof  by  an  officer  of  the  Company.

3.  SUBSCRIBER  REPRESENTATIONS.  The  Subscriber hereby represents and warrants
that:

a.      The  Subscribers  representations  in  this  Agreement  are complete and
accurate  to  the  best  of the Subscriber's knowledge, and the Company may rely
upon  them.  The  Subscriber will notify the Company immediately if any material
change  occurs  in  any  of  this information before the sale of the securities.

b.      The  Subscriber  is aware that the securities are being offered and sold
in reliance upon an exemption from the registration under Rule 506 of Regulation
D  promulgated  under the Securities Act of 1933 (the "Act"), and are subject to
limitations  on  resale  as  restricted  securities  pursuant to Rule 502 (d) of
Regulation  D, but represents that the securities are nonetheless being acquired
for the Subscriber's own account and risk, for investment and not with a view to
distribution  or  on  behalf  of any other person.  The Subscriber is aware that
there  is  presently  no  established  public  market  for  these  securities.

<PAGE>
c.      The  Subscriber  hereby agrees that he does not have the right to cancel
this  Subscription  Agreement, which shall survive the death, disability, or the
cessation  of  existence  as  a  legal  entity  of the Subscriber.  Further, the
Subscriber  agrees  that  he  does  not have the right, and will not attempt, to
transfer  his  interest  herein.

d.      The  Subscriber has had access to any and all information concerning the
Company,  which  the  Subscriber  and  the  Subscriber's financial tax and legal
advisors  required  and/or  considered  necessary to make a proper evaluation of
this  investment.  In  making  the  decision  to  purchase the securities herein
subscribed  for,  the  Subscriber  and  his  advisors have relied upon there own
independent  investigations,  and fully understand that there are no guarantees,
assurances  or  promises  in  connection  with  any  investment  hereunder  and
understand  that the particular tax consequences arising from this investment in
the  Company  will  depend  upon the Subscriber's individual circumstances.  The
Subscriber  further  understands  that  no  opinion  is  being  given  as to any
securities  matter  involving  the  offering.

e.      The  Subscriber  has  been  given  the  unrestricted  opportunity to ask
questions  of,  and  receive answers from, the Company, or persons acting on its
behalf,  concerning  the terms and conditions of, and all other matters relating
to  the offering, and has been given the unrestricted opportunity to obtain such
additional  information  with  respect  to  the  offering  as  he  has  desired,
including,  but  not  limited to, any additional information necessary to verify
the  accuracy  of  the information set forth in the attached documentation.  The
undersigned  has carefully read all material identified as being attached hereto
and  has  no  further  questions  with  respect  thereto.

f.        The Subscriber knows that the securities subscribed herein are offered
and  sold  pursuant  to  exemptions  from registration and the Securities Act of
1933,  and  state  securities  law  based,  in  part,  on  these  warrantees and
representations,  which are the very essence of this Subscription Agreement, and
constitute a material part of the bargained-for consideration without which this
Agreement  would  not  have  been  executed.

g.      This  Agreement,  when fully executed and delivered to the Company, will
constitute a valid and legally binding obligation of the Subscriber, enforceable
in  accordance  with  its  terms.  The Subscriber, if it is a partnership, joint
venture, corporation, trust or any other entity, was not formed or organized for
the  specific purpose for acquiring these shares.  The purchase of shares by the
Subscriber,  if  it  is  an  entity  investor,  is  a  permissible investment in
accordance with the Subscriber's Articles of Incorporation, by-laws, partnership
agreement, declaration of trust or any other similar character document, and has
been  duly  approved  by all requisite action by the entity's owners, directors,
officers  or  other  authorized managers.  The person signing this document, and
all  documents necessary to consummate the purchase of these shares, has all the
requisite  authority  to sign such documents on the behalf of the Subscriber, if
it  is  an  entity  investor.

h.      In  connection  with  this offering, the Subscriber has received certain
information  from the Company, which the Subscriber has reviewed and is familiar
with.  The  Subscriber  has  not  duplicated  or distributed this information to
anyone  other  than his Purchaser Representative or other personal advisors, and
will  not  do  so  in  the  future.
<PAGE>
i.        The  Subscriber  agrees  not  to  sell, assign, pledge or transfer the
securities for such a period as may be required under applicable securities laws
to  satisfy  any  requirements  of  investment  intent,  and  acknowledges  that
certificates  representing the securities may, in the Company's discretion, bear
a  restrictive  legend  to  such  effect.

4.  GOVERNING LAW. This Subscription shall be governed by the State of Delaware.

5.  ENTIRE  AGREEMENT.  This  Subscription  Agreement,  together  with the other
documents  executed contemporaneously herewith, constitutes the entire agreement
between the parties with respect to the matters covered thereby, and may only be
amended  by  a  writing  executed  by  all  the  parties  hereto.

6.  SURVIVAL OF REPRESENTATION. The Representations, warranties, acknowledgments
and  agreements  mad  by  the  Subscriber  shall  survive the acceptance of this
Subscription  and  run  in  favor,  and  for  the  benefit,  of  the  Company.

7. WAIVER. No waiver or modification of any of the terms of this agreement shall
be  valid  unless  in  writing.  No waiver of a breach of, or default under, any
provision hereof shall be deemed a waiver of such provision or of any subsequent
breach  or  default  of  the same or similar nature or of any other provision or
condition  of  this  Agreement.

8.  COUNTERPARTS.  This  Agreement  may be executed in two or more counterparts,
each  of  which  shall  be  deemed  an original, but all of which together shall
constitute  one  and  the  same  instrument.

9.  NOTICES. Except as otherwise required in this Agreement, any notice required
or  permitted under this Agreement shall be given in writing and shall be deemed
effectively  given upon personal delivery or upon deposit with the United States
Post  office, by registered or certified mail, postage prepaid, addressed to the
last  known  address  of  the  party.

10.  NON-ASSIGNABILITY. The obligations of the Subscriber hereunder shall not be
delegated  or  assigned  to any other party without the prior written consent of
the  Company.

11. EXPENSES. Each party shall be responsible to pay all costs and expenses that
it incurs with respect to negotiation, execution and delivery of this Agreement.

12.  FORM  OF  OWNERSHIP.  Indicate  the  form  of  ownership  desired:

__Individual

__Joint  Tenants  with  Right  of  Survivorship

__  Tenants  in  Common

__  Community  Property

__  Corporation

__  Partnership
<PAGE>
__Other:_________________

A.  INDIVIDUAL(S)  SIGN  HERE:                                 SUBSCRIBER:

Social  Security  #:________________
_________________________

Signature

Number  of  Shares  Subscribed  for  Purchase:
__________________________
__________________________

Print  Full  Legal  Name

__________________________

Address

B.  ORGANIZATIONS  SIGN  HERE:                  SUBSCRIBER:

Federal  Tax  ID  #________________
__________________________

Print  Name  of  Organization
Numbers  of  Shares  Subscribed  for  Purchase:
_____________________                         By:
__________________________

Address:_________________________              ____________________________
________________________________             Print  Name  and  Title

                                              Company  Use  Below  This  Line
-----------------------------------------------------------------------------

C:  ACCEPTED:                               MATERIAL TECHNOLOGIES, INC.

DATE:_____________________                  BY:________________________________

                                             ROBERT  M.  BERSTEIN  C.O.B.<PAGE>
EXHIBIT 10.14
                          MATERIAL TECHNOLOGIES, INC.
                    2002 STOCK ISSUANCE / STOCK OPTION PLAN
                  ---------------------------------------------

     1.     PURPOSE  OF  THE  PLAN.  The 2002 Stock Issuance / Stock Option Plan
            ----------------------
(the  "Plan")  is  intended  to  attract,  retain, motivate and reward officers,
directors,  employees  of,  and  subsidiaries of Material Technolgies, Inc. (the
"Company"),  who  are and will be contributing to the success of the business of
the Company; to provide competitive incentive compensation opportunities; and to
further  opportunities  for stock ownership by such employees and consultants in
order  to  increase  their  proprietary  interest  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 awards be made only to "employees" as defined
in  Rule  405. Accordingly, the Company may from time to time, grant to selected
officers,  directors,  employees  and  consultants  ("participants")  awards
("awards")  of  shares  of  common  stock  of  the Company, $.001 par value, and
options  to  purchase  shares of the Company subject to the terms and conditions
hereinafter  provided.

     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 vote or
decide  upon  awards to such Director 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,  officers,
directors,  employees  and  consultants.

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

     (a)  to  select  the  officers,  directors, employees and consultants to be
          awarded shares / options (it being understood that more than one award
          may  be  granted  to  the  same  employee  or  consultant);

                                        1
<PAGE>
     (b)  to  determine  the  number  of  shares / options to be awarded to each
          recipient;

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

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

     (e)  to  cause  shares / options to be registered on Form S-8 under the Act
          either  prior  or  subsequent  to  the  making  of  an  award.

     3.     SHARES  SUBJECT  TO  THE PLAN.  The aggregate number of shares which
            -----------------------------
may be awarded under the Plan shall not exceed 20,000,000 shares of common stock
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 only to employees (the term
            -----------
"employees"  shall  include  officers  as  well  as  other  key employees of the
Company,  and shall include directors who are also employees of the Company) and
consultants  to  the  Company, it being the intention of the Company that awards
shall be made only to persons who satisfy the  of "employee" defined in Rule 405
under  the  Act.

     5.     AWARDS  AND  CERTIFICATES.  Each  recipient  shall  be  issued  a
            -------------------------
certificate in respect of 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.

     6.     GRANT  OF OPTIONS.  Subject to the availability of shares under this
            -----------------
Plan,  the  Board  may make grants to employees of the Company and/or members of
the  Board  under this Plan from time to time, including but not limited to, the
Grant  Date.

                                        2
<PAGE>
     Anything in this Plan to the contrary notwithstanding, the effectiveness of
this Plan and of the grant of all options hereunder is in all respect subject to
this  Plan  and  options granted under it shall be of no force and effect unless
and  until  the approval of this Plan in accordance with the Company's bylaws by
the  vote  of  the holders of a majority of the Company's shares of Common Stock
present  in person or by proxy and entitled to vote at a meeting of shareholders
at  which  this  Plan  is  presented  for  approval.

     7.     OPTION  PRICE.     The  purchase  price  of  the stock covered by an
            -------------
option  granted  pursuant to this Plan shall be 100% of the fair market value of
such  shares on either (i) the day the option is granted, or (ii) such other day
as the Board shall determine at their sole discretion.  The option price will be
subject  to adjustment in accordance with the provisions of Paragraph 12 of this
Plan.  For  purposes of this Plan, "fair market value" shall be determined as of
the  last business day for which the prices or quotes discussed in this sentence
are  available  prior  to  the  date  such  option is granted and shall mean the
closing  bid  price  (or average of bid prices) last quoted (on that date) by an
established  quotation  service  for  over-the-counter securities, if the Common
Stock  is  not  reported  on  the  NASDAQ  National  Market  List.

     8.     PERIOD  OF  OPTION.     Unless  sooner terminated in accordance with
            ------------------
the  provisions  of Paragraph 10 of this Plan, an option granted hereunder shall
expire  on  the  date  which  is  five  (5) years after the date of grant of the
option.

     9(a).     VESTING OF SHARES AND NON-TRANSFERABILITY OF OPTIONS.     Options
               ----------------------------------------------------
granted  under  this  Plan  shall  not  be exercisable until they become vested.
Options  granted  under  this  Plan  shall  vest in the optionee and thus become
exercisable in accordance with the schedule as determined by the Board from time
to time, or upon the occurrence of a specified event, provided that the optionee
has continuously served as a member of the Board, as an employee of the Company,
or  in  another advisory role to the Company, as stated more specifically in the
option  grant  letter.

     The  number  of  shares  as  to  which  options  may  be exercised shall be
cumulative, so that once the option shall become exercisable as to any shares it
                                        3
<PAGE>
shall  continue  to  be  exercisable  as  to  said  shares,  until expiration or
termination  of  the  option as provided in this Plan; provided however, that if
stockholders approval is required under applicable law, any option granted under
this  Plan  shall  in  no event be exercised unless and until this Plan has been
approved by the Company's stockholders, but upon such approval the vesting shall
become  effective  as  of  the  date  of  the  grant.

     9(b).     NON-TRANSFERABILITY.  Any  option  granted  pursuant to this Plan
               -------------------
shall  not  be  assignable  or  transferable  other  than by will or the laws of
descent  and distribution or pursuant to a domestic relations order and shall be
exercisable  during  the  optionee's  lifetime  only  by  him  or  her.

     10.     TERMINATION  OF OPTION RIGHTS.     Except as otherwise specified in
             -----------------------------
the  agreement  relating  to an option, in the event an optionee ceases to be an
employee of Company or a member of the Board, as the case may be, for any reason
other  than  death  or  permanent  disability,  any  then unexercised portion of
options  granted  to  such  optionee  shall,  to  the  extent  not  then vested,
immediately  terminate  and  become void; any portion of an option which is then
vested  but  has  not  been exercised at the time the optionee so ceases to be a
member  of  the  Board or an employee may be exercised, to the extent it is then
vested  by  the  optionee  within  ninety  days  after  such  event.

     11.     EXERCISE OF OPTION.     Subject to the terms and conditions of this
             ------------------
Plan  and the option agreement, an option granted hereunder shall, to the extent
then exercisable, be exercisable in whole or in part by giving written notice to
the Company by mail or in person addressed to Material Technologies, Inc., 11661
San  Vicente  Blvd.,  Ste.  707, Los Angeles, California 90049, at its principal
executive  offices,  or other such address as Optionee may be informed from time
to time,  stating the number of shares with respect to which the option is being
exercised,  accompanied  by payment in full for such shares.  Payment may be (a)
in United States dollars in cash or by check,  (b) in whole or in part in shares
of  the  Common  Stock  of  the  Company  already owned by the person or persons
exercising  the  option  or  shares  subject  to  the  option  being  exercised
(subject  to  such  restrictions and guidelines as the Board may adopt from time
to  time),  valued  at  fair  market  value  determine  in  accordance  with the
provisions  of  Paragraph  7  or (c) consistent with applicable law, through the

                                        4
<PAGE>
delivery  of an assignment to the Company of a sufficient amount of the proceeds
from  the sale to the broker or selling agent to pay that amount to the Company,
which  sale  shall  be  at  the participant's direction at the time of exercise.
There  shall  be  no  such exercise at any one time as to fewer than one hundred
(100)  shares.  The  Company's  transfer agent shall, on behalf of the  Company,
prepare a certificate or certificates representing such shares acquired pursuant
to  exercise  of  the  option,  shall register the optionee as the owner of such
shares  on  the  books  of  the  Company  and  shall  cause  the  fully executed
certificate(s)  representing such shares to be delivered to the optionee as soon
as  practicable  after  payment  of  the option price in full.  The holder of an
option  shall  not  have  any rights of a stockholder with respect to the shares
covered  by  the  option, except to the extent that one or more certificates for
such  shares  shall  be  delivered  to  him  or her upon the due exercise of the
option.

     12.     ADJUSTMENTS UPON CHANGES IN CAPITALIZATION AND OTHER EVENTS.   Upon
             -----------------------------------------------------------
the occurrence of any of the following events, an optionee's rights with respect
to  options  granted  to  him  or her hereunder shall be adjusted as hereinafter
provided:

             (a)     STOCK  DIVIDENDS  AND  STOCK  SPLITS.     If  the shares of
                     ------------------------------------
Common Stock shall be subdivided or combined into a greater or smaller number of
shares  or  if  the  Company  shall  issue any shares of Common Stock as a stock
dividend  on  its outstanding Common Stock, the number of shares of Common Stock
deliverable  upon  the  exercise  of options shall be appropriately increased or
decreased  proportionately,  and  appropriate  adjustments  shall be made in the
purchase  price  per  share  to  reflect such subdivisions, combination or stock
dividend.

             (b)     RECAPITALIZATION  ADJUSTMENTS.     If  (i)  the  Company is
                     -----------------------------
to  be  consolidated with or acquired by another entity in a merger, sale of all
or  substantially  all  of  the Company's assets or otherwise and (ii) the Board
resolves  at  its  sole  discretion  to vest options upon the completion of such
merger  or  sale,  then each option granted under this Plan which is outstanding
but  unvested as of the effective date of such event shall become exercisable in
full twenty (20) days prior to the effective date of such event. In the event of
a  reorganization, re-capitalization, merger, consolidation, or any other change
in  the corporate structure or shares of the Company, to the extent permitted by
Rule 16b-3 of the Securities Exchange Act of 1934, adjustments in the number and
kind  of  shares  authorized  by  this Plan and in the number and kind of shares
covered  by,  and  in  the  option  price of outstanding options under this Plan
necessary  to maintain the proportionate interest of the optionees and preserve,
without exceeding, the value of such options, shall be made. Notwithstanding the
foregoing,  no  such adjustment shall be made which would, within the meaning of
any  applicable  provisions  of  the  Internal Revenue Code of 1986, as amended,
constitute  a  modification,  extension  or  renewal of any Option or a grant of
additional  benefits  to  the  holder  of  an  Option.

                                        5
<PAGE>
             (c)     ISSUANCES  OF  SECURITIES.     Except as expressly provided
                     -------------------------
herein,  no  issuance  by  the  Company  of  shares  of  stock  of any class, or
securities  convertible  into shares of stock of any class, shall affect, and no
adjustment  by reason thereof shall be made with respect to, the number or price
of shares subject to options. No adjustments shall be made for dividends paid in
cash  or  in  property  other  than  securities  of  the  Company.

             (d)     ADJUSTMENTs.     Upon the happening of any of the foregoing
                     ----------
events,  the  class  and  aggregate number of shares set forth in Paragraph 3 of
this Plan that are subject to options which previously have been or subsequently
may  be  granted under this Plan shall also be appropriately adjusted to reflect
such events. The Board shall determine the specific adjustments to be made under
this  Paragraph  12,  and  its  determination  shall  be  conclusive.

     13.     LEGEND  ON  CERTIFICATES.  The  certificates  representing  shares
             ------------------------
issued pursuant to the  exercise of an option granted hereunder shall carry such
appropriate  legend,  and  such  written  instructions  shall  be  given  to the
Company's  transfer agent, as may be deemed necessary or advisable by counsel to
the  Company  in  order  to comply with the requirements of the Act or any state
securities  laws.

     14.     REPRESENTATIONS  OF  OPTIONEE.     If requested by the Company, the
             -----------------------------
optionee  shall  deliver  to  the Company written representations and warranties
upon  exercise  of the option that are necessary to show compliance with Federal
and  state  securities  laws,  including  representations and  warranties to the
effect that a purchase of shares under the option is made for investment and not
with  a  view  to  their  distribution  (as  that  term  is  used  in  the Act).

                                        6
<PAGE>
     15.     OPTION  AGREEMENT.     Each  option granted under the provisions of
             -----------------
this  Plan  shall  be evidenced by an option agreement, which agreement shall be
duly executed and delivered on behalf of the Company and by the optionee to whom
such  option  is  granted.  The  option  agreement  shall  contain  such  terms,
provisions  and  conditions not inconsistent with this Plan as may be determined
by  the  committee  and  the  officer  executing  it.

     16.     TERMINATION  AND  AMENDMENT OF PLAN.     Neither shares nor options
             -----------------------------------
may  be  granted  under  this Plan after December 31, 2007, when this Plan shall
terminate.  The  Board  may  at  any  time  terminate  this  Plan  or  make such
modification or amendment thereof as it deems advisable; provided, however, that
if  stockholder  approval  of  the  Plan  is required by law, the Board may not,
without  approval  by  the  affirmative vote of the holders of a majority of the
shares  of  Common Stock present in person or by proxy and voting on such matter
at a meeting, (a) increase the maximum number of shares for which options may be
granted  under  this  Plan  (except  by  adjustment pursuant to Section 12), (b)
materially  modify  the  requirements  as  to eligibility to participate in this
Plan,  (c)  materially  increase  benefits accruing to option holders under this
Plan or (d) amend this Plan in any manner which would cause Rule 16b-3 under the
Securities  Exchange  Act  (or  any  successor  or amended provision thereof) to
become  inapplicable  to  this Plan; and provided further that the provisions of
this  Plan  specified  in  Rule  16b-3(c)(2)(ii)(A) (or any successor or amended
provision  thereof) under the Securities Exchange Act of 1934 (including without
limitation,  provisions  as  to eligibility, amount, price and timing of awards)
may  not  be amended more than once every six months, other than to comport with
changes  in  the  Internal Revenue Code, the Employee Retirement Income Security
Act,  or  the rules thereunder.  Termination or any modification or amendment of
this  Plan shall not, without consent of a participant, affect his or her rights
under  an  option  previously  granted  to  him  or  her.

     17.     WITHHOLDING  OF  INCOME  TAXES.     Upon the exercise of an option,
             ------------------------------
the  Company,  in  accordance with Section 3402(a) of the Internal Revenue Code,
may  require  the  optionee  to  pay  withholding  taxes  in  respect to amounts
considered  to  be  compensation  includible  in  the  optionee's  gross income.

                                        7
<PAGE>
     18.     COMPLIANCE  WITH  REGULATIONS.     It  is the Company's intent that
             -----------------------------
the  Plan  comply  in all respects with Rule 16b-3 under the Securities Exchange
Act  of 1934 (or any successor or  amended provision thereof) and any applicable
Securities and Exchange Commission interpretations thereof.  If any provision of
this Plan is deemed not to be in compliance with Rule 16b-3, the provision shall
be  null  and  void.

     19.     GOVERNING  LAW.     The  validity and construction of this Plan and
             --------------
the  instruments  evidencing  options shall be governed by the laws of the State
of  Delaware,  without  giving  effect  to  the  principles  of conflicts of law
thereof.

     20.     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.

     21.     MISCELLANEOUS.
             --------------

          (a)  Nothing  in  the  Plan  shall  require  the  Company  to issue or
               transfer  any  shares  or  options  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.

                                        8
<PAGE>
          (c)  No  employee,  consultant or other person shall have any claim or
               right to be granted shares or options under the Plan, and neither
               the  Plan  nor  any action taken thereunder shall be construed as
               giving  any participant, recipient, employee, consultant 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 or options
               shall  not be included in the recipients earnings for the purpose
               of  any  benefit  plan in which the recipient may become eligible
               unless  otherwise  specifically  provided  for  in  such  Plan.

          (e)  If  and when a recipient 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,  by  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.

     22.     EFFECTIVE  DATE  AND  TERM OF PLAN.  The effective date of the Plan
             ----------------------------------
shall  be  February  15,  2002,  and  the  Plan shall remain in full force until
December  31,  2007,  or  until  all  shares  have been awarded, whichever first
occurs.

Approved  by  Board  of  Directors of the Company, as amended: February 1, 2002.

                                        9

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