Document:

MUTUAL
      RELEASE AGREEMENT

    

    This
      Mutual Release Agreement (this “Agreement”) is made and entered into this __ day
      of December, 2006, by Brian Wade Bickford, an individual having an address
      at
      477 Congress Street, 5th
      Floor,
      Portland, Maine 04101 (“Brian Bickford”) and Bloodhound Search Technologies,
      Inc., a Nevada corporation having an address at 19901 Southwest Freeway, Suite
      114, Sugar Land, Texas 77479 (the “Company”).

    

    WITNESSETH:

    

    WHEREAS,
      Brian Bickford was employed by the Company as its Chief Executive Officer
      pursuant to the terms and conditions of the Employment Agreement dated October
      20, 2006 (the “Employment Agreement”); 

    

    WHEREAS,
      the Company and Brian Bickford have mutually consented to the resignation of
      Brian Bickford’s employment, without cause, and the discontinuation of Brian
      Bickford’s affiliation with the Company, effective immediately; 

    

    NOW,
      THEREFORE, in consideration of the premises and mutual promises contained
      herein, and for other good and valuable consideration, the undersigned,
      intending to be legally bound by this Agreement, agrees as follows:

    

    1.
       Reimbursement
      of Business Expenses.
      Brian
      Bickford shall be fully reimbursed for the amount of $2,667.79, representing
      reasonable and necessary business expenses incurred by Brian Bickford in
      connection with the performance of his duties under the Employment Agreement.
      

    

    2.
       Return
      of Company Materials.
      Brian
      Bickford shall return all files, documentation, and information materials on
      the
      Company to the Company within three business days from the date set forth above
      and not duplicate, make copies, keep or distribute any of such materials.

    

    3.
       Further
      Assurance.
      Brian
      Bickford shall promptly sign instruments, documentation, filings or
      certifications required by the Company to give full effect to the release of
      Brian Bickford’s position and duties as Chief Executive Officer as of the date
      hereof, if any is required.

    

    4. Release
      by the Company.

    

    (a)
       The
      Company and its directors, officers, agents, advisors, representatives, and
      direct and indirect affiliates and their respective successors and assigns
      (collectively, the “Company Releasors”) hereby irrevocably, unconditionally and
      forever release Bickford (as defined in paragraph 5 herein) of and from any
      and
      all actions, causes of actions, suits, debts, charges, demands, complaints,
      claims, administrative proceedings, liabilities, obligations, promises,
      agreements, controversies, damages and expenses (including but not limited
      to
      compensatory, punitive or liquidated damages, attorney’s fees and other costs
      and expenses incurred), of any kind or nature whatsoever, in law or equity,
      whether presently known or unknown (collectively, the “Claims”), which the
      Company or any of the Company Releasors ever had, now have, or hereafter can,
      shall, or may have, for, upon, or by reason of any matter, cause, or thing
      whatsoever against Brian Bickford. Without limiting the foregoing, the Company
      expressly acknowledges that its release hereunder is intended to include in
      its
      effect, without limitation, all Claims which have arisen and of which he knows,
      does not know, should have known, had reason to know, suspects to exist or
      might
      exist in his favor at the time of the signing, and that this Agreement
      extinguishes any such Claim or Claims. This release shall be binding upon each
      of Company and the Company Releasors and their respective partners, officers,
      directors, stockholders, employees, agents, advisors, representatives, personal
      representatives, heirs, assigns, successors and affiliates, and shall inure
      to
      the benefit of Brian Bickford.

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

       

    

    (b) The
      Company and each of the Company Releasors acknowledges and agrees that none
      of
      them will ever institute a Claim or sue Brian Bickford concerning any Claim
      covered by Section 4(a) hereof. The Company acknowledges and agrees that if
      it
      violates this Agreement by suing Brian Bickford, the Company agrees that it
      will
      pay all costs and expenses of defending against the suit incurred by Brian
      Bickford, including attorneys' fees.

    

    5. Release
      by Brian Bickford.

    

    (a)
       Brian
      Bickford and his agents, advisors, representatives, heirs and direct and
      indirect affiliates and their respective successors and assigns (collectively,
      “Bickford”) hereby irrevocably, unconditionally and forever release the Company
      and its employees, stockholders, officers, directors, agents, advisors,
      representatives and direct and indirect affiliates and their respective
      successors and assigns, and all persons, firms, corporations, and organizations
      acting on their behalf (collectively referred to as the “Company Related
      Persons”) of and from any and all actions, causes of actions, suits, debts,
      charges, demands, complaints, claims, administrative proceedings, liabilities,
      obligations, promises, agreements, controversies, damages and expenses
      (including but not limited to compensatory, punitive or liquidated damages,
      attorney’s fees and other costs and expenses incurred), of any kind or nature
      whatsoever, in law or equity, whether presently known or unknown (collectively,
      the “Claims”), which Bickford ever had, now have, or hereafter can, shall, or
      may have, for, upon, or by reason of any matter, cause, or thing whatsoever
      against any of the Company Related Persons, including without limitation any
      Claims relating directly or indirectly to Bickford (including without
      limitations all stock options pursuant to Section 2.2 of the Employment
      Agreement), the Employment Agreement, and the operations or business of the
      Company. Without limiting the foregoing, Brian Bickford expressly acknowledges
      that Bickford’s release hereunder is intended to include in its effect, without
      limitation, all Claims which have arisen and of which he knows, does not know,
      should have known, had reason to know, suspects to exist or might exist in
      his
      favor at the time of the signing, including, without limitation, any Claims
      relating directly or indirectly to the Company, and that this Agreement
      extinguishes any such Claim or Claims. This release shall be binding upon
      Bickford and Bickford’s partners, officers, directors, stockholders, employees,
      agents, advisors, representatives, personal representatives, heirs, assigns,
      successors and affiliates, and shall inure to the benefit of the Company and
      each of the Company Related Persons.

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

       

    

    (b) Brian
      Bickford acknowledges and agrees that he will never institute a Claim or sue
      the
      Company, or any of the Company Related Persons, concerning any Claim covered
      by
      Section 5(a) hereof. Brian Bickford acknowledges and agrees that if he violates
      this Agreement by suing the Company or any of the Company Related Persons,
      Brian
      Bickford agrees that he will pay all costs and expenses of defending against
      the
      suit incurred by the Company or any of the Company Related Persons, including
      attorneys' fees.

     

    6. General
      Provisions.
      

    

    (a)
       This
      Agreement shall in all respects be interpreted, enforced and governed under
      the
      laws of the State of Nevada, without regard to conflict of law rules applied
      in
      such State. The language of all parts of this Agreement shall in all cases
      be
      construed as a whole, according to its fair meaning, and not strictly for or
      against any of the parties. 

    

    (b) Should
      any part, term or provision of this Agreement be declared or be determined
      by
      any court to be illegal or invalid, the validity of the remaining parts, terms
      or provisions, including the release of all Claims, shall not be affected
      thereby and said illegal or invalid part, term or provision shall be modified
      by
      the court so as to be legal or, if not reasonably feasible, shall be deleted.
      This Agreement sets forth the entire agreement concerning the subject matter
      herein, including, without limitation, the release of all Claims, and may not
      be
      modified except by a signed writing.

    

    (c) Each
      of
      the parties hereto acknowledges and agrees that (a) such party has not relied
      on
      any representations, promises, or agreements of any kind made to him in
      connection with his decision to accept the Agreement except for those set forth
      herein; (b) such party has been advised to consult an attorney before signing
      this Agreement, and that such party has had the opportunity to consult with
      an
      attorney; (c) such party does not feel that he or it is being coerced to sign
      this Agreement or that his or its signing would for any reason not be voluntary;
      and (d) such party has thoroughly reviewed and understands the effects of this
      Agreement before signing it.

    

    (d)
       This
      Agreement shall be binding upon each of parties hereto and their respective
      partners, officers, directors, stockholders, employees, agents, advisors
      representatives, personal representatives, heirs, assigns, successors and
      affiliates, and shall inure to the benefit of the other party
      hereto.

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

       

    

    (e)
       This
      Agreement may be executed in counterparts and by facsimile, each of which shall
      be deemed to be an original and both of which together will constitute one
      and
      the same legal and binding instrument. 

    

    IN
      WITNESS WHEREOF, the undersigned has executed and delivered this Agreement
      on
      the day and year first written above.

     

     

    
      	 	 	 /s/ Brian Wade
              Bickford
	 	 	
              
 Brian
              Wade Bickford
	 	 	 
	 	 	 
	 	
              BLOODHOUND
                SEARCH
                TECHNOLOGIES, INC.

            
	 
 	 
 	 
 
	 	By:  	 /s/ Robert
              Horn
	 	Name:  	
              
 Robert
              Horn
	 	Title:  	 Chief Financial Officer, Secretary,
              and Director
	 	 
	 	
               

            

    
      
         

      

      
        4Q-RNA,
      INC.

    

    2002
      STOCK INCENTIVE PLAN

    

    1.     Purposes
      of the Plan.

    

    The
      purposes of this 2002 Stock Incentive Plan of Q-RNA, Inc. (the "Company") are
      to
      promote the interests of the Company and its stockholders by strengthening
      the
      Company's ability to attract, motivate, and retain employees, directors,
      consultants and advisors of exceptional ability and to provide a means to
      encourage stock ownership and a proprietary interest in the Company to selected
      employees, directors, consultants and advisors of the Company upon whose
      judgment, initiative, and efforts the financial success and growth of the
      business of the Company largely depend.

    

    2.     Definitions.

    

    (a) "Accelerate,"
      "Accelerated," and "Acceleration," when used with respect to an Option, mean
      that, as of the time of reference, such Option shall be exercisable to the
      extent provided by the provision of the Plan or Option agreement providing
      for
      Acceleration as to shares covered by the Option for which it was not at such
      time otherwise exercisable. 

    

    (b) "Acquisition"
      means 

    

    (i) a
      merger
      or consolidation in which securities possessing more than 50% of the total
      combined voting power of the Company's outstanding securities are transferred
      to
      a person or persons different from the persons who held those securities
      immediately prior to such transaction, or 

    

    (ii) the
      sale,
      transfer, or other disposition of all or substantially all of the Company's
      assets to one or more persons (other than any wholly owned subsidiary of the
      Company) in a single transaction or series of related transactions.

    

    (c) "Beneficial
      Ownership" means beneficial ownership determined pursuant to Securities and
      Exchange Commission Rule 13d-3 promulgated under the Exchange Act.

    

    (d) "Board"
      means the Board of Directors of the Company.

    

    (e) "Committee"
      means the Compensation Committee of the Board; provided,
      that
      the Board by resolution duly adopted may at any time or from time to time
      determine to assume any or all of the functions of the Committee under the
      Plan,
      and during the period of effectiveness of any such resolution, references herein
      to the "Committee" shall mean the Board acting in such capacity.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (f) "Common
      Stock" means the authorized Common Stock of the Company, par value $.001 per
      share.

    

    (g) "Company"
      means Q-RNA, Inc.

    

    (h) "Eligible
      Person" means any person who is, at the time of the grant of an Option or
      Restricted Stock Award, an employee (including officers and employee directors),
      director, consultant or advisor of the Company or any Subsidiary.

    

    (i) "Evergreen
      Adjustment Date" means (i) January first of every year during the term of the
      Plan and (ii) the date, if any, designated by the Board as an Evergreen
      Adjustment Date following a significant change in the authorized or outstanding
      equity capital of the Company.

    

    (j) "Exchange
      Act" means the Securities Exchange Act of 1934, as amended and in effect from
      time to time.

    

    (k) "Fair
      Market Value" means the value of a share of Common Stock as of the relevant
      time
      of reference, determined as follows. If the Common Stock is then publicly
      traded, Fair Market Value shall be (i) the last sale price of a share of
      Common Stock on the principal national securities exchange on which the Common
      Stock is traded, if the Common Stock is then traded on a national securities
      exchange; or (ii) the last sale price of the Common Stock reported in the
      NASDAQ National Market System, if the Common Stock is not then traded on a
      national securities exchange; or (iii) the average of the closing bid and asked
      prices for the Common Stock quoted by an established quotation service for
      over-the-counter securities, if the Common Stock is not then traded on a
      national securities exchange or reported in the NASDAQ National Market System.
      If the Common Stock is not then publicly traded, Fair Market Value shall be
      the
      fair value of a share of the Common Stock as determined by the Board or the
      Committee, taking into consideration such factors as it deems appropriate,
      which
      may include recent sale and offer prices of Common Stock in arms'-length private
      transactions.

    

    (l) "Hostile
      Takeover" means a change in ownership of the Company effected through the
      following transaction:

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    (i) any
      person or related group of persons (other than the Company or a person that
      directly or indirectly controls, is controlled by, or is under common control
      with the Company) directly or indirectly acquires Beneficial Ownership of
      securities possessing more than 50% of the total combined voting power of the
      Company's outstanding securities pursuant to a tender or exchange offer made
      directly to the Company's stockholders that the Board does not recommend such
      stockholders to accept, and

    

    (ii) more
      than
      50% of the securities so acquired in such tender or exchange offer are accepted
      from holders other than the officers and directors of the Company who are
      subject to the short-swing profit restrictions of Section 16 of the Exchange
      Act.

    

    (m) "Incentive
      Stock Option" means an Option intended to qualify as an "incentive stock option"
      under Section 422 of the Internal Revenue Code and regulations
      thereunder.

    

    (n) "Nonqualified
      Stock Option" means an Option that is not an Incentive Stock
      Option.

    

    (o) "Option"
      means an Incentive Stock Option or a Nonqualified Stock Option.

    

    (p) "Participant"
      means any Eligible Person selected to receive an Option or Restricted Stock
      Award pursuant to Section 5 or any Permitted Transferee to whom an Option or
      restricted shares of Common Stock granted pursuant to a Restricted Stock Award
      have been transferred in accordance with Section 9.

    

    (q) "Permitted
      Transferee" means any immediate family member of a person to whom an Option
      or
      Restricted Stock Award has been granted pursuant to Section 5 or a trust
      maintained exclusively for the benefit of, or partnership all of the interests
      in which are held by, one or more of such immediate family members.

    

    (r) "Plan"
      means this 2002 Stock Incentive Plan as set forth herein and as amended and/or
      restated from time to time.

    

    (s) "Restricted
      Stock Award" means a right to the grant or purchase, at a price determined
      by
      the Committee, of Common Stock which is nontransferable, except in accordance
      with Section 9(e), and subject to substantial risk of forfeiture until specific
      conditions of continuing employment or performance are met.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    

    (t) "Subsidiary"
      means any subsidiary corporation (as defined in Section 424(f) of the Internal
      Revenue Code) of the Company.

    

    (u) "Takeover
      Price" means, with respect to any Incentive Stock Option, the Fair Market Value
      per share of Common Stock on the date such Option is surrendered to the Company
      in connection with a Hostile Takeover, or in the case of a Nonqualified Stock
      Option, such Fair Market Value or, if greater, the highest reported price per
      share of Common Stock paid by the tender offeror in effecting such Hostile
      Takeover.

    

    3.     Shares
      of Common Stock Subject to the Plan.

    

    (a) Subject
      to adjustment in accordance with the provisions of Sections 3(c) and 8 of the
      Plan. the aggregate, number of shares of Stock that may be issued or transferred
      pursuant to Options or Restricted Stock Awards under the Plan will not exceed
      2,600,000 shares. 

    

    (b) The
      shares of Common Stock to be delivered under the Plan will be made available,
      at
      the discretion of the Committee, from authorized but unissued shares of Common
      Stock and/or from previously issued shares of Common Stock reacquired by the
      Company.

    

    (c) If
      shares
      covered by any Option cease to be issuable for any reason, and/or shares covered
      by Restricted Stock Awards are forfeited, such number of shares will no longer
      be charged against the limitation provided in Section 3(a) and may again be
      made
      subject to Options or Restricted Stock Awards.

    

    4.     Administration
      of the Plan.

    

    (a) The
      Plan
      will be governed by and interpreted and construed in accordance with the
      internal laws of the State of Delaware (without reference to principles of
      conflicts or choice of law). The captions of sections of the Plan are for
      reference only and will not affect the interpretation or construction of the
      Plan.

    

    (b) The
      Plan
      will be administered by the Committee, which shall consist of two or more
      persons. The Committee has and may exercise such powers and authority of the
      Board as may be necessary or appropriate for the Committee to carry out its
      functions as described in the Plan. The Committee shall make all determinations
      required under the Plan, including the Eligible Persons to whom, and the time
      or
      times at which, Options or Restricted Stock Awards may be granted, the exercise
      price or purchase price (if any) of each Option or Restricted Stock Award,
      whether each Option is intended to qualify as an Incentive Stock Option or
      a
      Nonqualified Stock Option, and the number of shares subject to each Option
      or
      Restricted Stock Award. The Committee also has authority (i) to interpret
      the Plan, (ii) to determine the terms and provisions of the Option or
      Restricted Stock Award instruments, and (iii) to make all other
      determinations necessary or advisable for Plan administration. The Committee
      has
      authority to prescribe, amend, and rescind rules and regulations relating to
      the
      Plan. All interpretations, determinations, and actions by the Committee will
      be
      final, conclusive, and binding upon all parties.

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    

    (c) No
      member
      of the Committee will be liable for any action taken or determination made
      in
      good faith by the Committee with respect to the Plan or any Option or Restricted
      Stock Award granted under it.

    

    5.     Grants.

    

    (a) The
      Committee shall determine and designate from time to time those Eligible Persons
      who are to be granted Options or Restricted Stock Awards, the type of each
      Option to be granted and the number of shares covered thereby or issuable upon
      exercise thereof, and the number of shares covered by each Restricted Stock
      Award. Each Option and Restricted Stock Award will be evidenced by a written
      agreement or instrument and may include any other terms and conditions
      consistent with the Plan, as the Committee may determine.

    

    (b) No
      person
      will be eligible for the grant of an Incentive Stock Option who owns or would
      own immediately before the grant of such Option, directly or indirectly, stock
      possessing more than ten percent of the total combined voting power of all
      classes of stock of the Company or of any parent corporation (within the meaning
      of section 424 of the Code) or Subsidiary. This will not apply if, at the time
      such Incentive Stock Option is granted, its exercise price is at least 110%
      of
      the Fair Market Value of the Common Stock and by its terms, it is not
      exercisable after the expiration of five years from the date of
      grant.

    

    6.     Terms
      and Conditions of Stock Options.

    

    (a) The
      price
      at which Common Stock may be purchased by a Participant under an Option shall
      be
      determined by the Committee; provided,
      however,
      that
      the purchase price under an Incentive Stock Option shall not be less than 100%
      of the Fair Market Value of the Common Stock on the date of grant of such
      Option.

    

    (b) Each
      Option shall be exercisable at such time or times, during such periods, and
      for
      such numbers of shares as shall be determined by the Committee and set forth
      in
      the agreement or instrument evidencing the Option grant (subject to Acceleration
      by the Committee, in its discretion). The Option shall expire no later than
      twelve months following termination of the Optionee’s employment or consulting
      relationship with the Company or a Subsidiary, except in the event that such
      termination is due to death or disability, in which case the Option may be
      exercisable for a maximum of twenty four months after such termination. In
      any
      event, the Option shall expire no later than the tenth anniversary of the date
      of grant.

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    

    (c) Unless
      the Compensation Committee otherwise determines (whether at the time the Option
      is granted or, if the Option is a Nonqualified Stock Option, thereafter), upon
      the exercise of an Option the purchase price will be payable in full in cash
      (including, if there is then a market for the Stock, cash obtained through
      a
      formal cashless exercise program maintained by the Company) or in shares of
      Stock having a Fair Market Value equal to the exercise price and satisfying
      such
      criteria as the Committee may establish to avoid adverse accounting consequences
      to the Company.

    

    (d) Incentive
      Stock Options may be granted under the Plan only to employees of the Company
      or
      one of its Subsidiaries, and the aggregate Fair Market Value (determined as
      of
      the date the Incentive Stock Option is granted) of the number of shares with
      respect to which Incentive Stock Options are exercisable for the first time
      by a
      Participant in any calendar year shall not exceed one hundred thousand dollars
      ($100,000) or such other limit as may be required by the Internal Revenue Code.
      Any Options that purport to be Incentive Stock Options but which are granted
      to
      persons other than employees of the Company or one of its Subsidiaries shall
      be,
      and any Options that purport to be Incentive Stock Options but are granted
      in
      amounts in excess of those specified in this Section 6(d), shall to the extent
      of such excess be, Nonqualified Stock Options.

    

    (e) Subject
      to the short-swing profit restrictions of the federal securities laws, if
      applicable, each Option granted to any officer of the Company may provide that
      upon the occurrence of a Hostile Takeover, such Option will automatically be
      canceled in exchange for a cash distribution from the Company in an amount
      equal
      to the excess of (i) the aggregate Takeover Price of the shares of Common
      Stock at the time subject to the canceled Option (regardless of whether the
      Option is otherwise then exercisable for such shares) over (ii) the
      aggregate Option price payable for such shares. Such cash distribution shall
      be
      made within five days after the consummation of the Hostile Takeover. No
      subsequent approval of the Committee or of the Board shall be required in
      connection with such Option cancellation and cash distribution.

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    

    7.     Terms
      and
      Conditions of Restricted Stock Awards.

    

    (a) All
      shares of Common Stock subject to Restricted Stock Awards granted or sold
      pursuant to the Plan may be issued or transferred for such consideration (which
      may consist wholly of services) as the Committee may determine, and will be
      subject to the following conditions:

    

    (i) Unless
      the Committee determines otherwise in accordance with Section 9(e), the shares
      may not be sold, transferred, or otherwise alienated or hypothecated, except
      to
      the Company, until the restrictions thereon, if any, are removed or
      expire.

    

    (ii) The
      Committee may provide in the agreement or instrument evidencing the grant of
      the
      Restricted Stock Awards that the certificates representing shares subject to
      Restricted Stock Awards granted or sold pursuant to the Plan will be held in
      escrow by the Company until the restrictions on the shares lapse in accordance
      with the provisions of subsection (b) of this Section 7.

    

    (iii) Each
      certificate representing shares subject to Restricted Stock Awards granted
      or
      sold pursuant to the Plan will bear a legend making appropriate reference to
      the
      restrictions thereon, if any.

    

    (iv) The
      Committee may impose such other conditions on any shares subject to Restricted
      Stock Awards granted or sold pursuant to the Plan as it may deem advisable,
      including without limitation, restrictions under the Securities Act of 1933,
      as
      amended, under the requirements of any stock exchange or securities quotations
      system upon which such shares or shares of the same class are then listed,
      and
      under any blue sky or other securities laws applicable to such
      shares.

    

    (b) Any
      restrictions imposed under subparagraph (a) above upon Restricted Stock Awards
      will lapse at such time or times, and/or upon the achievement of such
      predetermined performance objectives, as shall be determined by the Committee
      and set forth in the agreement or instrument evidencing the Restricted Stock
      Award. In the event a holder of a Restricted Stock Award ceases to be an
      employee, a director, consultant or advisor of the Company, all shares under
      the
      Restricted Stock Award that remain subject to restrictions at the time his
      or
      her employment, directorship or consulting or advising relationship terminates
      will be returned to or repurchased, as the case may be, by the Company unless
      the Committee determines otherwise.

     

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

    

    (c) Subject
      to the provisions of subparagraphs (a) and (b) above, the holder will have
      all
      rights of a shareholder with respect to the shares covered by Restricted Stock
      Awards granted or sold, including the right to receive all dividends and other
      distributions paid or made with respect thereto; provided,
      however, that,
      if
      requested by the Company, he or she shall execute an irrevocable proxy or enter
      into a voting agreement with the Company as determined by the Committee for
      the
      purpose of granting the Company or its nominee the right to vote all shares
      that
      remain subject to restrictions under this Section 7 in the same proportions
      (for
      and against) as the outstanding voting shares of the Company that are not
      subject to such restrictions are voted by the other shareholders of the Company
      on any matter, unless the Committee determines otherwise.

    

    8.     Adjustment
      Provisions.

    

    (a) All
      of
      the share numbers set forth in the Plan reflect the capital structure of the
      Company at the time of the effectiveness of the Plan. If subsequent to such
      date
      the outstanding shares of Common Stock of the Company are increased, decreased,
      or exchanged for a different number or kind of shares or other securities,
      or if
      additional shares or new or different shares or other securities are distributed
      with respect to such shares of Common Stock or other securities, through merger,
      consolidation, sale of all or substantially all the property of the Company,
      reorganization, recapitalization, reclassification, stock dividend, stock split,
      reverse stock split, or other distribution with respect to such shares of Common
      Stock, or other securities, an appropriate and proportionate adjustment shall
      be
      made in (i) the maximum numbers and kinds of shares provided in Section 3,
      (ii) the numbers and kinds of shares or other securities subject to the
      then outstanding Options and Restricted Stock Awards, and (iii) the price
      for each share or other unit of any other securities subject to then outstanding
      Options (without change in the aggregate purchase price as to which such Options
      remain exercisable).

    

    (b) The
      Committee, in its discretion, may grant Options which by their terms provide
      for
      Acceleration upon such conditions as determined by the Committee.

     

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

    

    (c) In
      the
      event of an Acquisition any outstanding Option not then exercisable in full
      shall Accelerate in full. The Committee shall specify a period of time during
      which Options may be exercised following such Acquisition. Any Options which
      remain unexercised after the end of such period shall expire.

    

    (d) Adjustments
      under this Section 8 will be made by the Committee, whose determination as
      to
      what adjustments will be made and the extent thereof so as to effectuate the
      intent of this Section 8 will be final, binding, and conclusive. No fractional
      shares will be issued under the Plan on account of any such
      adjustments.

    

    9.     General
      Provisions.

    

    (a) Nothing
      in the Plan or in any instrument executed pursuant to the Plan will confer
      upon
      any Participant any right to continue in the employ of or as a director,
      consultant or adviser to the Company or any of its Subsidiaries or affect the
      right of the Company or any Subsidiary to terminate the employment, directorship
      or consulting or advising relationship of any Participant at any time, with
      or
      without cause.

    

    (b) No
      shares
      of Common Stock will be issued or transferred pursuant to an Option or
      Restricted Stock Award unless and until all then applicable requirements imposed
      by federal and state securities and other laws, rules and regulations and by
      any
      regulatory agencies having jurisdiction, and by any stock exchanges or
      securities quotations systems upon which the Common Stock may be listed, have
      been fully met. As a condition precedent to the issuance of shares pursuant
      to
      the grant or exercise of an Option or Restricted Stock Award, the Company may
      require the Participant to take any reasonable action to meet such
      requirements.

    

    (c) No
      Participant and no beneficiary or other person claiming under or through such
      Participant will have any right, title, or interest in or to any shares of
      Common Stock allocated or reserved under the Plan or subject to any Option,
      except as to such shares of Common Stock, if any, that have been issued or
      transferred to such Participant.

    

    (d) Except
      as
      set forth in paragraph (e) below, no Option and no right under the Plan,
      contingent or otherwise, will be transferable or assignable or subject to any
      encumbrance, pledge, or charge of any nature except that, under such rules
      and
      regulations as the Committee may establish pursuant to the terms of the Plan,
      a
      beneficiary may be designated with respect to an Option in the event of death
      of
      a Participant. If such beneficiary is the executor or administrator of the
      estate of the Participant, any rights with respect to such Option may be
      transferred to the person or persons or entity (including a trust) entitled
      thereto under the will of the holder of such Option.

     

    
      
        
        

      

      
        -9-

        
          

        

      

      
        
        

      

    

    

    (e) The
      Committee may, upon the grant of a Nonqualified Stock Option or a Restricted
      Stock Award or by amendment to any written agreement or instrument evidencing
      such Nonqualified Stock Option or Restricted Stock Award, provide that such
      Nonqualified Stock Option or Restricted Stock Award be transferable by the
      person to whom such Nonqualified Stock Option or Restricted Stock Award was
      granted, without payment of consideration, to a Permitted Transferee of such
      person; provided,
      however,
      that no
      transfer of a Nonqualified Stock Option or Restricted Stock Award shall be
      valid
      unless first approved by the Committee, acting in its sole
      discretion.

    

    (f) The
      written agreements or instruments evidencing Restricted Stock Awards or Options
      granted under the Plan may contain such other provisions as the Committee may
      deem advisable. Without limiting the foregoing, and if so authorized by the
      Committee, the Company may, with the consent of the Participant and at any
      time
      or from time to time, cancel all or a portion of any Option granted under the
      Plan then subject to exercise and discharge its obligation with respect to
      the
      Option either by payment to the Participant of an amount of cash equal to the
      excess, if any, of the Fair Market Value, at such time, of the shares subject
      to
      the portion of the Option so canceled over the aggregate purchase price
      specified in the Option covering such shares, or by issuance or transfer to
      the
      Participant of shares of Common Stock with a Fair Market Value at such time,
      equal to any such excess, or by a combination of cash and shares. Upon any
      such
      payment of cash or issuance of shares, (i) there shall be charged against
      the aggregate limitations set forth in Section 3(a) a number of shares equal
      to
      the number of shares so issued plus the number of shares purchasable with the
      amount of any cash paid to the Participant on the basis of the Fair Market
      Value
      as of the date of payment, and (ii) the number of shares subject to the
      portion of the Option so canceled, less the number of shares so charged against
      such limitations, shall thereafter be available for other grants.

    

    (g) Whenever
      shares of Stock are issued or to be issued pursuant to Options or Restricted
      Stock Awards granted under the Plan, the Company shall have the right to require
      the recipient to remit to the Company an amount sufficient to satisfy federal,
      state, local or other withholding tax requirements if, when, and to the extent
      required by law (whether so required to secure for the Company an otherwise
      available tax deduction or otherwise) prior to the delivery of any certificate
      or certificates for such shares. The obligations of the Company under the Plan
      shall be conditional on satisfaction of all such withholding obligations and
      the
      Company shall, to the extent permitted by law, have the right to deduct any
      such
      taxes from any payment of any kind otherwise due to a Participant.

     

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

    

    (h) Notwithstanding
      any provision to the contrary in this Plan, no fractional shares shall be issued
      pursuant to Options or Restricted Stock Awards granted under the
      Plan.

    

    10.     Amendment
      and Termination.

    

    (a) The
      Board
      shall have the power, in its discretion, to amend, modify, suspend, or terminate
      the Plan at any time, subject to applicable law and the rights of holders of
      outstanding Options and Restricted Stock Awards on the date of such
      action.

    

    (b) The
      Committee may, with the consent of a Participant, make such modifications in
      the
      terms and conditions of an Option or Restricted Stock Award held by such
      Participant as it deems advisable.

    

    (c) No
      amendment, suspension or termination of the Plan will, without the consent
      of
      the Participant, terminate, impair, or adversely affect any right or obligation
      under any Option or Restricted Stock Award previously granted to such
      Participant under the Plan.

    

    11.     Effective
      Date of Plan and Duration of Plan.

    

    The
      Plan
      became effective upon its adoption by the Board and by the Company's
      stockholders on May 13, 2002. Unless previously terminated, the Plan will
      terminate on May 12, 2012.

     

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

    

    

    Q-RNA,
      INC.

    

    INCENTIVE
      STOCK OPTION AGREEMENT

    

    Under
      the 2002 Stock Incentive Plan

    

    

    Q-RNA,
      Inc. (the "Company"), a Delaware corporation, hereby grants, effective as of
      ____________, ______ (the "Effective Date"), to _____________ (the "Optionee")
      the right and option (the "Option") to purchase up to ____________ shares of
      its
      Common Stock, $.001 par value (the “Shares”), at a price of $_________ per share
      [Note:
      must be at least 100% of fair market value as of the date of grant (110%, in
      the
      case of a greater-than-10% stockholder)],
      subject to the following terms and conditions.

    

    1.     Relationship
      to Plan.
      The
      Option is granted pursuant to the Company's 2002 Stock Incentive Plan (the
      "Plan"), and is in all respects subject to the terms and conditions of the
      Plan,
      a copy of which has been provided to the Optionee (the receipt of which the
      Optionee hereby acknowledges). Capitalized terms used and not otherwise defined
      in this Agreement are used as defined in the Plan. The Optionee hereby accepts
      the Option subject to all the terms and provisions of the Plan (including
      without limitation provisions relating to expiration and termination of the
      Option and adjustment of the number of shares subject to the Option and the
      exercise price therefor). The Optionee further agrees that all decisions under
      and interpretations of the Plan by the Company shall be final, binding, and
      conclusive upon the Optionee and his or her successors, permitted assigns,
      heirs, and legal representatives.

    

    2.     Exercise.
      The
      Option shall become exercisable only as follows, provided,
      in each
      case, that the Optionee continues to be employed by the Company or a Subsidiary
      (as defined in the Plan) of the Company on each applicable date:

    

    
      	 	
               

              Date

            	 	
              Number
                or Percentage of Shares for

              which
                Option Becomes Exercisable

            	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

    

    

    3.     Termination
      of Option.
      The
      Option shall terminate on the earlier of (a) ________________, 20___
      [Note:
      cannot be later than the tenth anniversary of the date of grant (fifth
      anniversary, in the case of a greater-than-10% stockholder)],
      and
      (b) if the Optionee's employment with the Company terminates for any
      reason, the applicable date determined from the following table: 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	 	
              Reason
                for Termination

            	 	
              Option
                Termination Date

            
	 	 	 	 	 
	
              (i)

            	 	
              death
                of Optionee

            	 	
              24
                months thereafter

            
	 	 	 	 	 
	
              (ii)

            	 	
              total
                and permanent disability of Optionee (as defined in Section 22(e)(3)
                of
                the Internal Revenue Code of 1986, as amended)

            	 	
              24
                months thereafter

            
	 	 	 	 	 
	
              (iii)

            	 	
              termination
                of employment for any other reason

            	 	
              12
                months thereafter

            

    

    

    Military
      or sick leave shall not be deemed a termination of employment provided that
      it
      does not exceed the longer of 90 days or the period during which the absent
      employee's reemployment rights are guaranteed by statute or by contract.

    

    4.     "Lock-Up"
      Agreement.
      The
      Optionee agrees that upon the Company's request at any time, whether before
      or
      after the exercise of the Option, the Optionee shall enter into an agreement
      pursuant to which, if the Company deems it necessary or desirable to make any
      public offering of shares of Common Stock, then without the prior written
      consent of the Company or the managing underwriter, if any, of any such
      offering, the Optionee shall not sell, make any short sale of, loan, grant
      any
      option for the purchase of, pledge, or otherwise encumber or otherwise dispose
      of any shares of Common Stock issued or issuable pursuant to the Option, during
      such period (not to exceed 180 days) commencing on the effective date of the
      registration statement relating to such offering as the Company may
      request.

    

    5.     Methods
      of Exercise.
      The
      Option shall be exercisable only by a written notice in form and substance
      acceptable to the Company, specifying the number of shares to be purchased
      and
      accompanied by payment in cash of the aggregate purchase price for the shares
      for which the Option is being exercised.

     

    6.     Repurchase
      Right.  Upon
      termination of Optionee’s employment with the Company, and for a period of one
      year thereafter, the Company shall have the right, but not the obligation,
      to
      repurchase any or all of Optionee’s stock ownership interest in the Company,
      including any shares acquired through exercise of this Option during such one
      year period. The purchase price (per share) at which the Company exercises
      its
      repurchase right hereunder (the "Repurchase Price") shall equal the Fair Market
      Value. The Company may exercise its repurchase right by delivering or mailing
      to
      the Optionee written notice of exercise within the one year period, which notice
      shall specify: (a) the number of shares that the Company will repurchase
      (the "Repurchased Shares"); (b) the Repurchase Price; and (c) the date on which
      the purchase and sale will be effected (the "Repurchase Date"). On or before
      the
      Repurchase Date, Optionee shall tender to the Company at its principal offices
      the certificate(s) representing the Repurchased Shares, duly endorsed in blank,
      or with duly endorsed stock powers attached thereto, as may be necessary and
      sufficient to transfer the Repurchased Shares to the Company. Notwithstanding
      the foregoing, the sale of such Repurchased Shares by Optionee shall be deemed
      automatically effective on the Repurchase Date. Upon receipt of the
      certificate(s) and, if applicable, stock powers, the Company shall pay and
      deliver or mail to Optionee, by check, the aggregate Repurchase Price for all
      of
      the Repurchased Shares. After the Repurchase Date, the Company may cause all
      or
      any part of the Repurchased Shares to be transferred into its name or the name
      of its nominee(s). From and after the Repurchase Date, Optionee shall have
      no
      further right, title or interest in or to any of the Repurchased
      Shares.

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    7.     Characterization
      of Option for Tax Purposes.
      Although
      the Option is intended to qualify as an "incentive stock option" under the
      Internal Revenue Code of 1986, as amended, the Company makes no representation
      or warranty as to the tax treatment to the Optionee upon receipt or exercise
      of
      the Option or sale or other disposition of the shares covered by the Option.
      In
      particular, the Optionee acknowledges that in any event this Option will not
      be
      treated as an Incentive Stock Option as to any shares acquired under this Option
      more than twelve (12) months after the Optionee’s employment ends, if such
      employment ends on account of the Optionee’s death or total and permanent
      disability, or more than three (3) months after the Optionee’s employment ends,
      if such employment ends in any other circumstance. In addition, options granted
      to the Optionee under the Plan and any and all other plans of the Company and
      its affiliates shall not be treated as incentive stock options for tax purposes
      to the extent that options covering in excess of $100,000 of stock (based upon
      fair market value of the stock as of the respective dates of grant of such
      options) become exercisable in any calendar year; and such options shall be
      subject to different tax treatment (including the possibility of income tax
      withholding in accordance with the Plan).

    

    8.     Compliance
      with Laws.
      The
      obligations of the Company to sell and deliver Shares upon exercise of the
      Option are subject to all applicable laws, rules, and regulations, including
      all
      applicable federal and state securities laws, and the obtaining of all such
      approvals by government agencies as may be deemed necessary or appropriate
      by
      the Board or the relevant committee of the Board. If so required by the Board
      or
      such committee, no shares shall be delivered upon the exercise of the Option
      until the Optionee has given the Company a satisfactory written statement that
      he is purchasing such shares for investment, and not with a view to the sale
      or
      distribution of any such shares, and with respect to such other matters as
      the
      Board may deem advisable in order to assure compliance with applicable
      securities laws. All shares issued upon exercise of the Option shall bear
      appropriate restrictive legends.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    

    9.     General.
      The
      Optionee may not transfer, assign, or encumber any of his or her rights under
      this Agreement, and any attempt to do so shall be void. This Agreement shall
      be
      governed by and interpreted and construed in accordance with the internal laws
      of the State of Delaware (without reference to principles of conflicts or choice
      of law). The captions of the sections of this Agreement are for reference only
      and shall not affect the interpretation or construction of this Agreement.
      This
      Agreement shall bind and inure to the benefit of the parties and their
      respective successors, permitted assigns, heirs, devisees, and legal
      representatives. This Agreement may be executed in more than one counterpart,
      all of which shall constitute but one and the same instrument.

    

    IN
      WITNESS WHEREOF,
      the
      Company and the Optionee have executed and delivered this Agreement as an
      agreement under seal as of the Effective Date.

    

    
      	 	 	 
	 	Q-RNA,
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
              

              Name:

              Title:

            
	 	 
	 	 
	 	Optionee

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    

    Q-RNA,
      INC.

    

    NONQUALIFIED
      STOCK OPTION AGREEMENT

    

    Under
      the 2002 Stock Incentive Plan

    

    

    Q-RNA,
      Inc. (the "Company"), a Delaware corporation, hereby grants, effective as of
      ____________, ______ (the "Effective Date"), to _____________ (the "Optionee")
      the right and option (the "Option") to purchase up to ____________ shares of
      its
      Common Stock, $.001 par value (the “Shares”), at a price of $_________ per
      share, subject to the following terms and conditions.

    

    1.     Relationship
      to Plan.
      The
      Option is granted pursuant to the Company's 2002 Stock Incentive Plan (the
      "Plan"), and is in all respects subject to the terms and conditions of the
      Plan,
      a copy of which has been provided to the Optionee (the receipt of which the
      Optionee hereby acknowledges). Capitalized terms used and not otherwise defined
      in this Agreement are used as defined in the Plan. The Optionee hereby accepts
      the Option subject to all the terms and provisions of the Plan (including
      without limitation provisions relating to expiration and termination of the
      Option and adjustment of the number of shares subject to the Option and the
      exercise price therefor). The Optionee further agrees that all decisions under
      and interpretations of the Plan by the Company shall be final, binding, and
      conclusive upon the Optionee and his or her successors, permitted assigns,
      heirs, and legal representatives.

    

    2.     Exercise.
      The
      Option shall become exercisable only as follows, provided,
      in each
      case, that the Optionee continues to be employed by or is a director, consultant
      or advisor to the Company or a Subsidiary (as defined in the Plan) of the
      Company on each applicable date:

    
      

      
        	 	
                 

                Date

              	 	
                Number
                  or Percentage of Shares for

                which
                  Option Becomes Exercisable

              	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

      

    

    

    3.     Termination
      of Option.
      The
      Option shall terminate on the earlier of (a) ________________, 20___, and
      (b) if the Optionee's employment, directorship or consulting or advising
      relationship with the Company terminates for any reason, the applicable date
      determined from the following table: 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	 	
              Reason
                for Termination

            	 	
              Option
                Termination Date

            
	 	 	 	 	 
	
              (i)

            	 	
              death
                of Optionee

            	 	
              24
                months thereafter

            
	 	 	 	 	 
	
              (ii)

            	 	
              total
                and permanent disability of Optionee (as defined in Section 22(e)(3)
                of
                the Internal Revenue Code of 1986, as amended)

            	 	
              24
                months thereafter

            
	 	 	 	 	 
	
              (iii)

            	 	
              termination
                for any other reason

            	 	
              12
                months thereafter

            

    

    

    Military
      or sick leave shall not be deemed a termination provided that it does not exceed
      the longer of 90 days or the period during which the absent Optionee's
      reemployment (or similar) rights are guaranteed by statute or by
      contract.

    

    4.     "Lock-Up"
      Agreement.
      The
      Optionee agrees that upon the Company's request at any time, whether before
      or
      after the exercise of the Option, the Optionee shall enter into an agreement
      pursuant to which, if the Company deems it necessary or desirable to make any
      public offering of shares of Common Stock, then without the prior written
      consent of the Company or the managing underwriter, if any, of any such
      offering, the Optionee shall not sell, make any short sale of, loan, grant
      any
      option for the purchase of, pledge, or otherwise encumber or otherwise dispose
      of any shares of Common Stock issued or issuable pursuant to the Option, during
      such period (not to exceed 180 days) commencing on the effective date of the
      registration statement relating to such offering as the Company may
      request.

    

    5.     Methods
      of Exercise.
      Except
      as may otherwise be agreed by the Optionee and the Company, the Option shall
      be
      exercisable only by a written notice in form and substance acceptable to the
      Company, specifying the number of shares to be purchased and accompanied by
      payment in cash of the aggregate purchase price for the shares for which the
      Option is being exercised.

     

    6.     Repurchase
      Right.  Upon
      termination of Optionee’s employment, directorship, consulting or advising
      relationship with the Company, and for a period of one year thereafter, the
      Company shall have the right, but not the obligation, to repurchase any or
      all
      of Optionee’s stock ownership interest in the Company, including any shares
      acquired through exercise of this Option during such one year period. The
      purchase price (per share) at which the Company exercises its repurchase right
      hereunder (the "Repurchase Price") shall equal the Fair Market Value. The
      Company may exercise its repurchase right by delivering or mailing to the
      Optionee written notice of exercise within the one year period, which notice
      shall specify: (a) the number of shares that the Company will repurchase
      (the "Repurchased Shares"); (b) the Repurchase Price; and (c) the date on which
      the purchase and sale will be effected (the "Repurchase Date"). On or before
      the
      Repurchase Date, Optionee shall tender to the Company at its principal offices
      the certificate(s) representing the Repurchased Shares, duly endorsed in blank,
      or with duly endorsed stock powers attached thereto, as may be necessary and
      sufficient to transfer the Repurchased Shares to the Company. Notwithstanding
      the foregoing, the sale of such Repurchased Shares by Optionee shall be deemed
      automatically effective on the Repurchase Date. Upon receipt of the
      certificate(s) and, if applicable, stock powers, the Company shall pay and
      deliver or mail to Optionee, by check, the aggregate Repurchase Price for all
      of
      the Repurchased Shares. After the Repurchase Date, the Company may cause all
      or
      any part of the Repurchased Shares to be transferred into its name or the name
      of its nominee(s). From and after the Repurchase Date, Optionee shall have
      no
      further right, title or interest in or to any of the Repurchased
      Shares.

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    7.     Characterization
      of Option for Tax Purposes.
      The
      Option is intended not
      to
      qualify as an "incentive stock option" under the Internal Revenue Code of 1986,
      as amended, and shall be subject to different tax treatment than that accorded
      incentive stock options (including the possibility of income tax withholding
      in
      accordance with the Plan).

    

    8.     Compliance
      with Laws.
      The
      obligations of the Company to sell and deliver Shares upon exercise of the
      Option are subject to all applicable laws, rules, and regulations, including
      all
      applicable federal and state securities laws, and the obtaining of all such
      approvals by government agencies as may be deemed necessary or appropriate
      by
      the Board or the relevant committee of the Board. If so required by the Board
      or
      such committee, no shares shall be delivered upon the exercise of the Option
      until the Optionee has given the Company a satisfactory written statement that
      he is purchasing such shares for investment, and not with a view to the sale
      or
      distribution of any such shares, and with respect to such other matters as
      the
      Board may deem advisable in order to assure compliance with applicable
      securities laws. All shares issued upon exercise of the Option shall bear
      appropriate restrictive legends.

    

    9.     General.
      The
      Optionee may not transfer, assign, or encumber any of his or her rights under
      this Agreement without the prior written consent of the Company, and any attempt
      to do so shall be void. This Agreement shall be governed by and interpreted
      and
      construed in accordance with the internal laws of the State of Delaware (without
      reference to principles of conflicts or choice of law). The captions of the
      sections of this Agreement are for reference only and shall not affect the
      interpretation or construction of this Agreement. This Agreement shall bind
      and
      inure to the benefit of the parties and their respective successors, permitted
      assigns, heirs, devisees, and legal representatives. This agreement may be
      executed in more than one counterpart, all of which shall constitute but one
      and
      the same instrument.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF,
      the
      Company and the Optionee have executed and delivered this Agreement as an
      agreement under seal as of the Effective Date.

     

    
      

      
        	 	 	 
	 	Q-RNA,
                INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
                

                Name:

                Title:

              
	 	 
	 	 
	 	Optionee

      

    

     

     

    
      
        
        

      

      
        -4-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00114-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00114-of-00352.parquet"}]]