Document:

Exhibit 10.13 - Senior Convertible Promissory Note to Pet Edge for $50,000

THIS SENIOR CONVERTIBLE PROMISSORY NOTE HAS BEEN ACQUIRED FOR INVESTMENT
PURPOSES ONLY AND NOT FOR DISTRIBUTION AND MAY BE TRANSFERRED OR OTHERWISE
DISPOSED OF ONLY IN COMPLIANCE WITH THE SECURITIES ACT OF l933, AS AMENDED (THE
"ACT"). THIS LEGEND SHALL BE ENDORSED UPON ANY SENIOR CONVERTIBLE PROMISSORY
NOTE ISSUED IN EXCHANGE FOR THIS SENIOR CONVERTIBLE PROMISSORY NOTE.

                        PETCARE TELEVISION NETWORK, INC.

                                  May 28, 2003

                                                                      $50,000.00
                       SENIOR CONVERTIBLE PROMISSORY NOTE

                                Due May 27, 2006

     PETCARE TELEVISION NETWORK, INC., a Florida corporation (the "Company"),
for value received, hereby promises to pay to PET EDGE, LLC or order (the
"Holder") on the 27th day of May, 2006 (the "Maturity Date") at the offices of
the Company, 321 N. Kentucky Avenue, Suite 1, Lakeland, Fl. 33801, the principal
sum of FIFTY THOUSAND DOLLARS ($50,000.00) in such coin or currency of the
United States of America as at the time of payment shall be legal tender for the
payment of public and private debts and to pay simple interest on said principal
sum at the rate of ten percent (10%) per annum from the date hereof through the
Maturity Date. Interest on the principal balance of this Senior Convertible
Promissory Note ("Note") shall be payable on the Maturity Date.

     1. Registered Owner. The Company may consider and treat the person in whose
name this Note shall be registered as the absolute owner thereof for all
purposes whatsoever (whether or not this Note shall be overdue) and the Company
shall not be affected by any notice to the contrary. Subject to the provisions
hereof, the registered owner of this Note shall have the right to transfer it by
assignment and the transferee thereof, upon his registration as owner of this

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Note, shall become vested with all the powers and rights of the transferor.
Registration of any new owner shall take place upon presentation of this Note to
the Company at its offices together with the Note Assignment Form attached
hereto duly executed. In case of transfers by operation of law, the transferee
shall notify the Company of such transfer and of his address, and shall submit
appropriate evidence regarding the transfer so that this Note may be registered
in the name of the transferee. This Note is transferable only on the books of
the Company by the Holder on the surrender hereof, duly endorsed. Communications
sent to any registered owner shall be effective as against all holders or
transferees of this Note not registered at the time of sending the
communication. In the event of the assignment of a portion of the principal
amount of this Note, the transferee thereof shall not have the right to elect an
Optional Conversion (as hereinafter defined) unless the entire remaining
principal portion of this Note is converted simultaneously therewith.

     2. Security; Seniority.

     (a) The payment of the amounts due under this Note is secured by a security
interest in all of the assets of the Company (the "Security Interest") as
provided for in a Note Purchase Agreement, simultaneously being entered into
between the Company and the Holder ("Note Purchase Agreement")

     (b) The Company covenants that, while this Note is outstanding, subject to
the terms hereof, it shall not incur any indebtedness (except for Trade
Indebtedness as that term is defined below) unless such Indebtedness is at all
times and in all respects wholly subordinate, junior and subject in right of
payment to the indebtedness evidenced by this Note and that, at the time it
incurs such Indebtedness, it will secure from the lender an agreement to
subordinate said new Indebtedness to this Note. As used herein, Trade
Indebtedness shall mean indebtedness incurred by the Company in the ordinary
course of business for the purchase of goods, services, supplies and material
used by the Company in its day to day operations.

     (c) This Note is the direct obligation of the Company chargeable against
all its property, whatsoever and wheresoever located, both present and future,
and, if divided into separate Notes, all such Notes shall rank equally and
ratably without preference or priority of any of said Notes over any others
thereof.

     3. Conversion.

          3.1 Optional Conversion. Subject to the terms hereof, during the
period commencing on the date hereof and expiring at 5:00 P.M., New York City
local time, on the day immediately preceding the Maturity Date (the "Conversion
Period"), the Holder shall have the right to convert the then outstanding
principal amount of this Note, together with accrued interest thereon (an
Optional Conversion), into shares of Common Stock, par value $.001 per share, of

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the Company ("Conversion Stock") at a conversion price of twenty four and six
tenth cents ($.246) per share, subject to adjustment pursuant to the provisions
of Section 3.3 hereof (the Initial Conversion Price), and subject to further
adjustment as set forth in Section 3.4 hereof (the Conversion Price). The number
of shares of Conversion Stock issuable upon conversion of this Note shall equal
(i) the sum of (A) the principal amount of this Note and (B) accrued interest
thereon (if the Holder elects to convert the amount of accrued interest),
divided by (ii) the Conversion Price. The foregoing conversion privilege may be
exercised during the Conversion Period by presentation and surrender to the
Company, at its then principal office, of this Note together with the Note
Conversion Form attached hereto duly executed. Subject to the terms hereof, upon
receipt by the Company of this Note and the Note Conversion Form, duly executed,
at its office, the Holder shall be deemed to be the holder of record of the
shares of Conversion Stock issuable upon such conversion, notwithstanding that
the stock transfer books of the Company shall then be closed or that
certificates representing such shares shall not then be actually delivered to
the Holder.

          3.2 [intentionally omitted]

          3.3 Anti-Dilution Provisions.

               3.3.1 Adjustments for Stock Dividends; Combinations, Etc. (a) In
the event that the Company, at any time or from time to time hereafter, shall
(i) declare any dividend or other distribution on its Common Stock payable in
Common Stock of the Company or in securities convertible into or exchangeable
for Common Stock, including without limitation rights; (ii) effect a subdivision
of its outstanding Common Stock into a greater number of shares of Common Stock
by reclassification, stock split or otherwise than by payment of a dividend in
shares of Common Stock; (iii) effect a combination or consolidation of its
outstanding Common Stock into a lesser number of shares of Common Stock by
reclassification, reverse split or otherwise; (iv) issue by reclassification,
exchange or substitution of its Common Stock any shares of capital stock of the
Company; or (v) effect any other transaction having similar effect, then the
Conversion Price shall be multiplied by a fraction of which the numerator shall
be the number of shares of Common Stock outstanding before such event and of
which the denominator shall be the number of shares of Common Stock outstanding

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<PAGE>

after such event, including the maximum number of shares of Common Stock into
which the convertible securities, including rights (provided for in clause (i)
hereof) may be converted or for which the exchangeable securities (provided for
in clause (i) hereof) may be exchanged. The purpose of the adjustment shall be
that, in the event of a conversion at any time after the occurrence of any event
described in (i) through (v) above, the Holder shall be entitled to receive the
shares of Conversion Stock (or other securities) to which such Holder would have
been finally entitled, after giving effect to the occurrence of such event, as
if such Holder had converted this Note immediately prior to the occurrence of
such event. An adjustment made pursuant to this Section 3.3.1 shall become
effective immediately after the record date in the case of a dividend or other
distribution and shall become effective immediately upon the effective date in
the case of a subdivision, combination, reclassification, exchange or
substitution. The Corporation shall take no such action with respect to the
Common Stock unless the Corporation shall simultaneously reserve out of the
authorized, unissued and unreserved shares of common stock a sufficient number
of shares of Common Stock to be available for full conversion of the Notes at
the new Conversion Price.

               3.3.2 Adjustment for Consolidation or Merger. In case of any
consolidation or merger to which the Company is a party, other than a merger or
consolidation in which the Company is the surviving or continuing corporation
and which does not result in any reclassification of, or change (other than a
change in par value or from par value to no par value or from no par value to
par value, or as a result of a subdivision or combination) in, outstanding
Common Stock, then, as part of and as a condition to such transaction, provision
shall be made so that, in the event of a conversion, the Holder of this Note,
shall receive, in lieu of the securities and property receivable upon the
conversion of this Note prior to consummation of the transaction, the kind and
amount of shares or other securities and property receivable upon such
consolidation or merger by a holder of the number of shares of Common Stock into
which this Note would have been converted immediately prior to such
consolidation or merger had the conversion occurred, all subject to further
adjustment as provided in Section 3.3.1; in each such case, the terms of this
Note shall be applicable to the securities or property receivable upon the
conversion of this Note after such consummation. In any such case, appropriate
adjustment shall be made in the application of this Section 3 with respect to

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the rights of the Holder of this Note after the transaction to the end that the
provisions of this Section 3 shall be applicable after that event. The
Corporation shall take no such action with respect to the Common Stock unless
the Corporation shall simultaneously reserve out of the authorized, unissued and
unreserved shares of such class or series into which the Common Stock has been
changed a sufficient number of shares of such class or series into which the
Common Stock has been changed to be available for full conversion of the Notes
at the new Conversion Price.

          3.4 Adjustment to Conversion Price. (a) If at any time prior to a
conversion, the Company issues or sells share(s) of its Common Stock at less
than twenty four and six tenth cents ($.246) a share (which includes the
Company's issuance of stock upon the conversion of any convertible or
exchangeable security which is presently outstanding or becomes outstanding in
the future where the conversion price at which the common stock is issued is
less than twenty four and six tenth cents ($.246)) or if the Company issues or
sells option(s), warrant(s) or other right(s) or a convertible or exchangeable
securit(ies), including, without limitation, a convertible note or debenture,
with an exercise, conversion or exchange price of less than twenty four and six
tenth cents ($.246) a share (subject to adjustment for stock splits, stock
dividends, reverse stock splits and the like (Recapitalizations) then, the
Initial Conversion Price shall be reduced to said lower price so that the
Conversion Price is reduced to the lowest price at which the Company either
issues or sells common stock or at which options, warrants, rights or
convertible securities are convertible into shares of common stock of the
Company or are actually converted into common stock.

          (b) The Conversion Price shall also be reduced to the average closing
bid price for the Common Stock of the Company for the twenty (20) business days
immediately prior to the date of any conversion or if the Common Stock is traded
on an exchange, the average of the closing price of the Common Stock on such
exchange during said 20 day period, provided that this shall only apply if said
average closing bid price or average closing price for the common stock of the
Company, whichever applies, is less than the applicable Conversion Price at the
time of conversion.

          (c) Under no circumstances shall the Conversion Price be increased
from the initial conversion price or from any Conversion Price to which it may
be reduced.

          3.5 Reservation of Shares. The Company will at all times reserve and
keep available out of its authorized and unissued Common Stock, solely for
issuance and delivery upon conversion of this Note, free of preemptive or rights
of purchase, the number of shares of Conversion Stock issuable upon conversion
of this Note at the minimum Conversion Price. The Company covenants that all
shares of Common Stock that shall be so issuable shall, upon issue, be duly and
validly authorized, issued and fully paid and nonassessable.

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<PAGE>

          3.6 Fractional Shares. The Company shall not be required to issue
certificates representing fractions of shares, nor shall it be required to issue
scrip or pay cash in lieu of fractional interests, it being the intent of the
Company and the Holder that all fractional interests shall be eliminated and
that all issuances of Common Stock be rounded up to the nearest whole share.

          3.7 Rights of the Holder. The Holder shall not, by virtue hereof, be
entitled to any rights of a shareholder of the Company, either at law or in
equity, and the rights of the Holder are limited to those expressed in this
Note.

          3.8 Certificate. When the Conversion Price is adjusted pursuant to the
provisions hereof, the Company shall file with its official corporate records a
certificate of its chief financial or accounting officer setting forth in detail
the facts requiring such adjustment, the computation thereof and the adjusted
Conversion Price, and shall mail a copy of the certificate to the Holder.

     4. Redemption. This Note may not be prepaid in whole or in part without the
written consent of the Holder.

     5. Defaults. If any one or more of the following shall (Events of Default)
shall occur:

     (a) the Company shall (i) admit in writing its inability to pay its debts
generally as they mature; (ii) make a general assignment for the benefit of
creditors; (iii) fail or be unable to pay its debts as they mature iv) be
adjudicated a bankrupt or insolvent; (v) file a voluntary petition in bankruptcy
or a petition or an answer seeking an arrangement with creditors; (vi) take
advantage of any bankruptcy, insolvency or readjustment of debt law or statute
or file an answer admitting the material allegations of a petition filed against
it in any proceeding under any such law; (vii) apply for or consent to the
appointment of a receiver, trustee or liquidation for all or a substantial
portion of its assets; (viii) have an involuntary case commenced against it
under the Federal bankruptcy laws, which case is not dismissed or stayed within
thirty (30) days; or (viii) fail to pay its taxes on a timely basis; ix) violate
any covenant provided for in this Note, in the Registration Rights Agreement
(the Registration Rights Agreement) and/or the Note Purchase Agreement (the Note
Purchase and Security Agreement) between the Company and the Holder of even date
herewith and such violation shall continue unremedied for a period of fifteen
(15) days following the giving of written notice thereof from the Holder;

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<PAGE>

     (b) any of the representations of the Company contained herein or in the
Registration Rights Agreement or in the Note Purchase Agreement or the Company's
certification as to veterinary clinics are false and misleading in any material
respect;

     (c) any judgment is entered against the Company which is not bonded or
discharged within 30 days;

     (d) a levy of any sort is made on or against some or all of the assets of
the Company.

then, at any time thereafter and unless such Event of Default shall have been
cured or shall have been waived in writing by the Holder (which waiver shall not
be deemed a waiver of any subsequent default), at the option of the Holder and
in the Holder's sole discretion, the Holder may, by written notice to the
Company, declare the entire unpaid principal amount of this Note then
outstanding, together with accrued interest thereon, to be forthwith due and
payable, whereupon the same shall become forthwith due and payable.

     6. [intentionally omitted]

     7. Investment Intent. The Holder, by its acceptance hereof, hereby
represents and warrants that this Note is being acquired, and the Conversion
Stock issuable upon the conversion of this Note will be acquired, for investment
purposes only and without a view to the distribution thereof, and may be
transferred only in compliance with the Act. Unless, prior to the conversion of
this Note, the issuance of the Conversion Stock has been registered with the
Securities and Exchange Commission pursuant to the Act, the Note Conversion Form
shall be accompanied by a representation of the Holder to the Company to the
effect that such securities are being acquired for investment and not with a
view to the distribution thereof, and such other representations and
documentation as may be reasonably required by the Company, unless in the
opinion of counsel to the Company such representations or other documentation
are not necessary to comply with the Act.

                                       7
<PAGE>

     8. Registration Rights. Concurrently herewith, the Company and the Holder
are entering into a Registration Rights Agreement to cover the resale of the
Conversion Stock.

     9. Default Rate of Interest; Costs of Collection. In the event the Company
shall default in the payment of this Note when due, then (i) effective with such
date of default, the interest rate payable hereunder shall be increased to
eighteen percent (18%) per annum and (ii) the Company agrees to pay, in addition
to unpaid principal and interest, all the costs and expenses incurred in
effecting collection hereunder or enforcing the terms of this Note and the
Security Agreement, including reasonable attorneys' fees.

     10. Applicable Law. This Note is issued under and shall for all purposes be
governed by and construed in accordance with the laws of the State of
Connecticut, excluding choice of law rules thereof, except that the parties
agree that if any challenge is made that the loan is usurious, as between
Florida and Connecticut law, that law shall be applied which allows the greater
rate of interest and upholds the note. In any lawsuit in connection with this
Note, the Company consents to personal jurisdiction of federal or state Courts
in the State of Connecticut or New York.

     11. Representations and Warranties. The Company represents and warrants
that the authorized capital stock of the Company consists of 50,000,000 shares
of Common Stock, $.0005 par value, of which 11,836,000 shares are outstanding
and 10,000,000 shares of Preferred Stock, no par value, authorized, of which
101,250 shares of Series A Preferred Stock are outstanding.

     The Company also represents that there are no other shares of stock or
securities of the Company outstanding and that, except as set forth above or
disclosed pursuant to the Note Purchase Agreement, there are no agreements or
commitments for or relating to the issuance of any securities of the Company.

     12. Covenants. The Company covenants and agrees that, from and after the
date hereof and continuing so long as the Note is outstanding:

     (a) The Company will furnish to the Holder (i) as soon as available, a copy
of the annual financial statements of the Company; (ii) quarterly financial
statements of the Company; (iii) such information with respect to the Company as
the Holder shall reasonably request (including, without limitation, the
Company's latest financial statements as of a date no earlier than 90 days prior
to the prior to the Maturity Date of the Note; and (iv) 30 days notice of the
Company's entering into any agreement of merger, consolidation or sale of all or
substantially all of its assets or similar reorganization.

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<PAGE>

     (b) The Company shall not repurchase or redeem any of its shares of Common
Stock or Preferred Stock or other securities, pay or declare any dividends, make
any distributions or payments to its shareholders of any sort, whether in
securities or in cash, or incur indebtedness except for trade indebtedness.

     (c) The Company will meet the Holder on at least a quarterly basis to
discuss the business and affairs of the Company.

     13. Notices. Any notice required or permitted to be given pursuant to this
Note shall be deemed to have been duly given when delivered by hand or sent by
certified or registered mail, return receipt requested and postage prepaid,
overnight mail or telecopier as follows:

     If to the Holder:

     (Overnight mail):
     36-16 Catoonah Street
     Ridgefield, Connecticut 06877

     (Other mail):
     P.O. Box 1248
     Ridgefield, Connecticut 06877
     Facsimile No.: (203) 894-8244

     If to the Company:

     PetCARE Television Network, Inc.
     321 N. Kentucky Avenue, Suite 1
     Lakeland Florida 33801
     Attn:  Philip Cohen, President and CEO
     Facsimile No.:  (863) 683-5651

     Copy to:

     Sommer & Schneider LLP
     595 Stewart Avenue, Suite 710
     Garden City, New York  11530
     Attn:  Joel C. Schneider, Esq.
     Facsimile No.:  (516) 228-8211

or at such other address as the Holder or the Company shall designate by notice
to the other given in accordance with this Section 13.

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<PAGE>

     14. Miscellaneous. This Note constitutes the rights and obligations of the
Holder and the Company. No provision of this Note may be modified except by an
instrument in writing signed by the party against whom the enforcement of any
modification is sought.

     The Company shall not take any action that would impair the rights and
privileges of the Holder herein or avoid or seek to avoid the observance or
performance of any of the terms to be observed or performed hereunder by the
Company, but will at all times act in good faith to assist in carrying out the
provisions of this Note, including the Conversion rights provided in paragraph 3
herein and will take all such action as may be necessary or appropriate in order
to protect the conversion rights of the Holder of the Note.

     The waiver by the Holder of a breach of any provision of this Note shall
not operate or be construed as a waiver of any subsequent breach.

     If any provision, or part thereof, of this Note shall be held to be invalid
or unenforceable, such invalidity or unenforceability shall attach only to such
provision and shall not in any way affect or render invalid or unenforceable any
other provisions of this Note and this Note shall be carried out as if such
invalid or unenforceable provision, or part thereof, had been reformed, and any
court of competent jurisdiction is authorized to so reform such invalid or
unenforceable provision, or part thereof, so that it would be valid, legal and
enforceable to the fullest extent permitted by applicable law.

     In no event shall the rate of interest payable hereunder exceed the maximum
rate permitted by applicable law.

     No provision of this Note shall alter or impair the absolute and
unconditional obligation of the Company to pay the principal of, and interest
on, this Note in accordance with the provisions hereof.

     The Company agrees that irreparable damage would occur in the event that
any of the provisions of this Note were not performed in accordance with their
specific terms or were otherwise breached. It is accordingly agreed that, except
with respect to the payment of the amounts due hereunder, the Holder of this
Note shall be entitled to swift specific performance, injunctive relief or other

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<PAGE>

equitable remedies to prevent or cure breaches of the provisions of this Note
and to enforce specifically the terms and provisions hereof, this being in
addition to any other remedy to which the Holder may be entitled under this
Note.

                  [Remainder of page intentionally left blank]

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<PAGE>

IN WITNESS WHEREOF, the Company has caused this Note to be signed on its behalf,
in its corporate name, by its duly authorized officer, all as of the day and
year first above written.

                                               PETCARE TELEVISION
                                               NETWORK, INC.

                                               By: /s/ Philip Cohen
                                               --------------------
                                                   Philip Cohen
                                                   President and CEO

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<PAGE>

                        PETCARE TELEVISION NETWORK, INC.

                       SENIOR CONVERTIBLE PROMISSORY NOTE

                                DUE MAY 27, 2006

                              NOTE CONVERSION FORM
                              --------------------

          The undersigned hereby irrevocably elects to convert the within Senior
Convertible Promissory Note to the extent of $ _______________________________
in principal amount thereof, together with accrued interest thereon.

If the Holder is an individual:           If the Holder is not an individual:

---------------------------------         --------------------------------------
Name(s) of Holder                         Name of Holder

                                          By:
---------------------------------         --------------------------------------
Signature of Holder                       Signature of Authorized Representative

---------------------------------         --------------------------------------
Signature, if jointly held                Name and Title of Authorized
                                          Representative

---------------------------------         --------------------------------------
Address(es) of Holder                     Address of Holder

---------------------------------         --------------------------------------
Social Security Number of Holder          Taxpayer Identification Number of
                                          Holder

---------------------------------         --------------------------------------
Date                                                          Date

                                       13
<PAGE>

                        PETCARE TELEVISION NETWORK, INC.

                       SENIOR CONVERTIBLE PROMISSORY NOTE

                                DUE MAY 27, 2006

                              NOTE ASSIGNMENT FORM
                              --------------------

                               FOR VALUE RECEIVED

          The undersigned __________________________ (please print or typewrite
name of assignor) hereby sells, assigns and transfers unto

(please print or typewrite name, address and social security or taxpayer
identification number, if any, of assignee) the within Senior Convertible
Promissory Note of PetCARE Television Network, Inc. in the original principal
amount of $____________ and hereby authorizes the Company to transfer this Note
on its books.

If the Holder is an individual:           If the Holder is not an individual:

---------------------------------         --------------------------------------
Name(s) of Holder                         Name of Holder

                                          By:
---------------------------------         --------------------------------------
Signature of Holder                       Signature of Authorized Representative

---------------------------------         --------------------------------------
Signature, if jointly held                Name and Title of Authorized
                                          Representative

---------------------------------         --------------------------------------
Date                                      Date

                            (Signature(s) guaranteed)

                                       14Exhibit 10.14 - 2002 Equity Incentive Plan

                                SAVAGE MOJO, INC.

                           2002 EQUITY INCENTIVE PLAN

                                ARTICLE I - PLAN

     1.1 PURPOSE. This Plan is a plan for key Employees (including officers and
employee directors) and Consultants of the Company and its Affiliates and is
intended to advance the best interests of the Company, its Affiliates, and its
stockholders by providing those persons who have substantial responsibility for
the management and growth of the Company and its Affiliates with additional
incentives and an opportunity to obtain or increase their proprietary interest
in the Company, thereby encouraging them to continue in the employ of the
Company or any of its Affiliates.

     1.2 RULE 16B-3 PLAN. The Plan is intended to comply with all applicable
conditions of Rule 16b-3 (and all subsequent revisions thereof) promulgated
under the Securities Exchange Act of 1934, as amended (the "1934 Act"). To the
extent any provision of the Plan or action by the Board of Directors or
Committee fails to so comply, it shall be deemed null and void, to the extent
permitted by law and deemed advisable by the Committee. In addition, the Board
of Directors may amend the Plan from time to time as it deems necessary in order
to meet the requirements of any amendments to Rule 16b-3 without the consent of
the shareholders of the Company.

     1.3 EFFECTIVE DATE OF PLAN. The Plan shall be effective June 1, 2002 (the
"Effective Date"), provided that within one year of the Effective Date, the Plan
shall have been approved by at least a majority vote of stockholders. No
Incentive Option, Nonqualified Option, Stock Appreciation Right, Restricted
Stock Award or Performance Stock Award shall be granted pursuant to the Plan ten
years after the Effective Date.

                            ARTICLE II - DEFINITIONS

     The words and phrases defined in this Article shall have the meaning set
out in these definitions throughout this Plan, unless the context in which any
such word or phrase appears reasonably requires a broader, narrower, or
different meaning.

     2.1 "AFFILIATE" means any parent corporation and any subsidiary
corporation. The term "parent corporation" means any corporation (other than the
Company) in an unbroken chain of corporations ending with the Company if, at the
time of the action or transaction, each of the corporations other than the
Company owns stock possessing 50% or more of the total combined voting power of
all classes of stock in one of the other corporations in the chain. The term
"subsidiary corporation" means any corporation (other than the Company) in an
unbroken chain of corporations beginning with the Company if, at the time of the
action or transaction, each of the corporations other than the last corporation
in the unbroken chain owns stock possessing 50% or more of the total combined
voting power of all classes of stock in one of the other corporations in the
chain.

                                       1
<PAGE>

     2.2 "AWARD" means each of the following granted under this Plan: Incentive
Option, Nonqualified Option, Stock Appreciation Right, Restricted Stock Award or
Performance Stock Award.

     2.3 "BONUS STOCK AWARD" means an Award of Bonus Stock.

     2.4 "BOARD OF DIRECTORS" means the board of directors of the Company.

     2.5 "CHANGE IN CONTROL" shall mean and include the following transactions
or situations:

     (a) A sale, transfer, or other disposition by the Company through a single
transaction or a series of transactions of securities of the Company
representing thirty (30%) percent or more of the combined voting power of the
Company's then outstanding securities to any "Unrelated Person" or "Unrelated
Persons" acting in concert with one another. For purposes of this definition,
the term "Person" shall mean and include any individual, partnership, joint
venture, association, trust corporation, or other entity (including a "group" as
referred to in Section 13(d)(3) of the 1934 Act). For purposes of this
definition, the term "Unrelated Person" shall mean and include any Person other
than the Company, a wholly-owned subsidiary of the Company, or an employee
benefit plan of the Company; provided however, a sale to underwriters in
connection with a public offering of the Company's securities pursuant to a firm
commitment shall not be a Change of Control.

     (b) A sale, transfer, or other disposition through a single transaction or
a series of transactions of all or substantially all of the assets of the
Company to an Unrelated Person or Unrelated Persons acting in concert with one
another.

     (c) A change in the ownership of the Company through a single transaction
or a series of transactions such that any Unrelated Person or Unrelated Persons
acting in concert with one another become the "Beneficial Owner," directly or
indirectly, of securities of the Company representing at least thirty (30%)
percent of the combined voting power of the Company's then outstanding
securities. For purposes of this definition, the term "Beneficial Owner" shall
have the same meaning as given to that term in Rule 13d-3 promulgated under the
1934 Act, provided that any pledgee of voting securities is not deemed to be the
Beneficial Owner thereof prior to its acquisition of voting rights with respect
to such securities.

     (d) Any consolidation or merger of the Company with or into an Unrelated
Person, unless immediately after the consolidation or merger the holders of the
common stock of the Company immediately prior to the consolidation or merger are
the beneficial owners of securities of the surviving corporation representing at
least fifty (50%) percent of the combined voting power of the surviving
corporation's then outstanding securities.

                                       2
<PAGE>

     (e) During any period of two years, individuals who, at the beginning of
such period, constituted the Board of Directors of the Company cease, for any
reason, to constitute at least a majority thereof, unless the election or
nomination for election of each new director was approved by the vote of at
least two-thirds of the directors then still in office who were directors at the
beginning of such period.

     (f) A change in control of the Company of a nature that would be required
to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A
promulgated under the 1934 Act, or any successor regulation of similar
importance, regardless of whether the Company is subject to such reporting
requirement.

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

     2.7 "COMMITTEE" means the Compensation Committee of the Board of Directors
or such other committee designated by the Board of Directors. The Committee
shall be comprised solely of at least two members who are both Disinterested
Persons and Outside Directors or by the Board of Directors in its entirety.

     2.8 "COMPANY" means Savage Mojo, Inc.

     2.9 "CONSULTANT" means any person, including an advisor, engaged by the
Company or Affiliate to render services and who is compensated for such
services.

     2.10 "DISINTERESTED PERSON" means a "disinterested person" as that term is
defined in Rule 16b-3 under the 1934 Act.

     2.11 "ELIGIBLE PERSONS" shall mean, with respect to the Plan, those persons
who, at the time that an Award is granted, are (i) key personnel (including
officers and directors) of the Company or Affiliate, or (ii) Consultants or
independent contractors who provide valuable services to the Company or
Affiliate as determined by the Committee.

     2.12 "EMPLOYEE" means a person employed by the Company or any Affiliate to
whom an Award is granted.

     2.13 "FAIR MARKET VALUE" of the Stock as of any date means (a) the average
of the high and low sale prices of the Stock on that date on the principal
securities exchange on which the Stock is listed; or (b) if the Stock is not
listed on a securities exchange, the average of the high and low sale prices of
the Stock on that date as reported on the Nasdaq National Market System; or (c)
if the Stock is not listed on the Nasdaq National Market System, the average of
the high and low bid quotations for the Stock on that date as reported by the
National Quotation Bureau Incorporated; or (d) if none of the foregoing is
applicable, an amount at the election of the Committee equal to (x), the average
between the closing bid and ask prices per share of Stock on the last preceding
date on which those prices were reported or (y) that amount as determined by the
Committee in good faith.

                                       3
<PAGE>

     2.14 "INCENTIVE OPTION" means an option to purchase Stock granted under
this Plan which is designated as an "Incentive Option" and satisfies the
requirements of Section 422 of the Code.

     2.15 "NONQUALIFIED OPTION" means an option to purchase Stock granted under
this Plan other than an Incentive Option.

     2.16 "OPTION" means both an Incentive Option and a Nonqualified Option
granted under this Plan to purchase shares of Stock.

     2.17 "OPTION AGREEMENT" means the written agreement by and between the
Company and an Eligible Person which sets out the terms of an Option.

     2.18 "OUTSIDE DIRECTOR" means a member of the Board of Directors serving on
the Committee who satisfies Section 162(m) of the Code.

     2.19 "PLAN" means the Savage Mojo, Inc. 2002 Equity Incentive Plan, as set
out in this document and as it may be amended from time to time.

     2.20 "PLAN YEAR" means the Company's fiscal year.

     2.21 "PERFORMANCE STOCK AWARD" means an award of shares of Stock to be
issued to an Eligible Person if specified predetermined performance goals are
satisfied as described in Article VII.

     2.22 "RESTRICTED STOCK" means Stock awarded or purchased under a Restricted
Stock Agreement entered into pursuant to this Plan, together with (i) all
rights, warranties or similar items attached or accruing thereto or represented
by the certificate representing the stock and (ii) any stock or securities into
which or for which the stock is thereafter converted or exchanged. The terms and
conditions of the Restricted Stock Agreement shall be determined by the
Committee consistent with the terms of the Plan.

     2.23 "RESTRICTED STOCK AGREEMENT" means an agreement between the Company or
any Affiliate and the Eligible Person pursuant to which the Eligible Person
receives a Restricted Stock Award subject to Article VI.

     2.24 "RESTRICTED STOCK AWARD" means an Award of Restricted Stock.

     2.25 "RESTRICTED STOCK PURCHASE PRICE" means the purchase price, if any,
per share of Restricted Stock subject to an Award. The Restricted Stock Purchase
Price shall be determined by the Committee. It may be greater than or less than
the Fair Market Value of the Stock on the date of the Stock Award.

     2.26 "STOCK" means the common stock of the Company, $.001 par value or, in
the event that the outstanding shares of common stock are later changed into or
exchanged for a different class of stock or securities of the Company or another
corporation, that other stock or security.

                                       4
<PAGE>

     2.27 "STOCK APPRECIATION RIGHT" and "SAR" means the right to receive the
difference between the Fair Market Value of a share of Stock on the grant date
and the Fair Market Value of the share of Stock on the exercise date.

     2.28 "10% STOCKHOLDER" means an individual who, at the time the Option is
granted, owns Stock possessing more than 10% of the total combined voting power
of all classes of stock of the Company or of any Affiliate. An individual shall
be considered as owning the Stock owned, directly or indirectly, by or for his
brothers and sisters (whether by the whole or half blood), spouse, ancestors,
and lineal descendants; and Stock owned, directly or indirectly, by or for a
corporation, partnership, estate, or trust, shall be considered as being owned
proportionately by or for its stockholders, partners, or beneficiaries.

                            ARTICLE III - ELIGIBILITY

     The individuals who shall be eligible to receive Awards shall be those
Eligible Persons of the Company or any of its Affiliates as the Committee shall
determine from time to time. However, no member of the Committee shall be
eligible to receive any Award or to receive Stock, Options, Stock Appreciation
Rights or any Performance Stock Award under any other plan of the Company or any
of its Affiliates, if to do so would cause the individual not to be a
Disinterested Person or Outside Director. The Board of Directors may designate
one or more individuals who shall not be eligible to receive any Award under
this Plan or under other similar plans of the Company.

               ARTICLE IV - GENERAL PROVISIONS RELATING TO AWARDS

     4.1 AUTHORITY TO GRANT AWARDS. The Committee may grant to those Eligible
Persons of the Company or any of its Affiliates as it shall from time to time
determine, Awards under the terms and conditions of this Plan. Subject only to
any applicable limitations set out in this Plan, the number of shares of Stock
to be covered by any Award to be granted to an Eligible Person shall be
determined by the Committee.

     4.2 SHARES SUBJECT TO PLAN. The total number of shares of Stock set aside
for Awards may be granted under the Plan shall be 2,000,000 shares. The shares
may be treasury shares or authorized but unissued shares. The maximum number of
shares subject to options or stock appreciation rights which may be issued to
any eligible person under the plan during each plan year shall be determined by
the Committee. The maximum number of shares subject to restricted stock awards
which may be granted to any eligible person under the plan during each plan year
shall be determined by the Committee. The maximum number of shares subject to
performance stock awards which may be granted to any eligible person during each
plan year shall be determined by the Committee. The number of shares stated in
this Section 4.2 shall be subject to adjustment in accordance with the
provisions of Section 4.5. In the event that any outstanding Award shall expire
or terminate for any reason or any Award is surrendered, the shares of Stock
allocable to the unexercised portion of that Award may again be subject to an
Award under the Plan.

                                       5
<PAGE>

     4.3 NON-TRANSFERABILITY. Awards shall not be transferable by the Eligible
Person otherwise than by will or under the laws of descent and distribution, and
shall be exercisable, during the Eligible Person's lifetime, only by him.
Restricted Stock shall be purchased by and/or become vested under a Restricted
Stock Agreement during the Eligible Person's lifetime, only by him. Any attempt
to transfer an Award other than under the terms of the Plan and the Agreement
shall terminate the Award and all rights of the Eligible Person to that Award.

     4.4 REQUIREMENTS OF LAW. The Company shall not be required to sell or issue
any Stock under any Award if issuing that Stock would constitute or result in a
violation by the Eligible Person or the Company of any provision of any law,
statute, or regulation of any governmental authority. Specifically, in
connection with any applicable statute or regulation relating to the
registration of securities, upon exercise of any Option or pursuant to any
Award, the Company shall not be required to issue any Stock unless the Committee
has received evidence satisfactory to it to the effect that the holder of that
Option or Award will not transfer the Stock except in accordance with applicable
law, including receipt of an opinion of counsel satisfactory to the Company to
the effect that any proposed transfer complies with applicable law. The
determination by the Committee on this matter shall be final, binding and
conclusive. The Company may, but shall in no event be obligated to, register any
Stock covered by this Plan pursuant to applicable securities laws of any country
or any political subdivision. In the event the Stock issuable on exercise of an
Option or pursuant to an Award is not registered, the Company may imprint on the
certificate evidencing the Stock any legend that counsel for the Company
considers necessary or advisable to comply with applicable law. The Company
shall not be obligated to take any other affirmative action in order to cause
the exercise of an Option or vesting under an Award, or the issuance of shares
pursuant thereto, to comply with any law or regulation of any governmental
authority.

     4.5 CHANGES IN THE COMPANY'S CAPITAL STRUCTURE.

     (a) The existence of outstanding Options or Awards shall not affect in any
way the right or power of the Company or its stockholders to make or authorize
any or all adjustments, recapitalizations, reorganizations or other changes in
the Company's capital structure or its business, or any merger or consolidation
of the Company, or any issue of bonds, debentures, preferred or prior preference
stock ahead of or affecting the Stock or its rights, or the dissolution or
liquidation of the Company, or any sale or transfer of all or any part of its
assets or business, or any other corporate act or proceeding, whether of a
similar character or otherwise. If the Company shall effect a subdivision or
consolidation of shares or other capital readjustment, the payment of a Stock
dividend, or other increase or reduction of the number of shares of the Stock
outstanding, without receiving compensation for it in money, services or
property, then (a) the number, class, and per share price of shares of Stock
subject to outstanding Options under this Plan shall be appropriately adjusted

                                       6
<PAGE>

in such a manner as to entitle an Eligible Person to receive upon exercise of an
Option, for the same aggregate cash consideration, the equivalent total number
and class of shares he would have received had he exercised his Option in full
immediately prior to the event requiring the adjustment; and (b) the number and
class of shares of Stock then reserved to be issued under the Plan shall be
adjusted by substituting for the total number and class of shares of Stock then
reserved, that number and class of shares of Stock that would have been received
by the owner of an equal number of outstanding shares of each class of Stock as
the result of the event requiring the adjustment.

     (b) If the Company is merged or consolidated with another corporation and
the Company is not the surviving corporation, or if the Company is liquidated or
sells or otherwise disposes of substantially all its assets while unexercised
Options remain outstanding under this Plan:

          (i)  subject to the provisions of clause (c) below, after the
               effective date of the merger, consolidation, liquidation, sale or
               other disposition, as the case may be, each holder of an
               outstanding Option shall be entitled, upon exercise of the
               Option, to receive, in lieu of shares of Stock, the number and
               class or classes of shares of stock or other securities or
               property to which the holder would have been entitled if,
               immediately prior to the merger, consolidation, liquidation, sale
               or other disposition, the holder had been the holder of record of
               a number of shares of Stock equal to the number of shares as to
               which the Option shall be so exercised;

          (ii) the Board of Directors may waive any limitations set out in or
               imposed under this Plan so that all Options, from and after a
               date prior to the effective date of the merger, consolidation,
               liquidation, sale or other disposition, as the case may be,
               specified by the Board of Directors, shall be exercisable in
               full; and

          (iii) all outstanding Options may be canceled by the Board of
               Directors as of the effective date of any merger, consolidation,
               liquidation, sale or other disposition, if (i) notice of
               cancellation shall be given to each holder of an Option and (ii)
               each holder of an Option shall have the right to exercise that
               Option in full (without regard to any limitations set out in or
               imposed under this Plan or the Option Agreement granting that
               Option) during a period set by the Board of Directors preceding
               the effective date of the merger, consolidation, liquidation,
               sale or other disposition and, if in the event all outstanding
               Options may not be exercised in full under applicable securities
               laws without registration of the shares of Stock issuable on
               exercise of the Options, the Board of Directors may limit the
               exercise of the Options to the number of shares of Stock, if any,
               as may be issued without registration. The method of choosing
               which Options may be exercised, and the number of shares of Stock
               for which Options may be exercised, shall be solely within the
               discretion of the Board of Directors.

     (c) After a merger of one or more corporations into the Company or after a
consolidation of the Company and one or more corporations in which the Company
shall be the surviving corporation, each Eligible Person shall be entitled to
have his Restricted Stock and shares earned under a Performance Stock Award
appropriately adjusted based on the manner the Stock was adjusted under the
terms of the agreement of merger or consolidation.

                                       7
<PAGE>

     (d) In each situation described in this Section 4.5, the Committee will
make similar adjustments, as appropriate, in outstanding Stock Appreciation
Rights.

     (e) The issuance by the Company of shares of stock of any class, or
securities convertible into shares of stock of any class, for cash or property,
or for labor or services either upon direct sale or upon the exercise of rights
or warrants to subscribe for them, or upon conversion of shares or obligations
of the Company convertible into shares or other securities, shall not affect,
and no adjustment by reason of such issuance shall be made with respect to, the
number, class, or price of shares of Stock then subject to outstanding Awards.

     4.6 ELECTION UNDER SECTION 83(B) OF THE CODE. No Employee shall exercise
the election permitted under Section 83(b) of the Code without written approval
of the Committee. Any Employee doing so shall forfeit all Awards issued to him
under this Plan.

                ARTICLE V - OPTIONS AND STOCK APPRECIATION RIGHTS

     5.1 TYPE OF OPTION. The Committee shall specify at the time of grant
whether a given Option shall constitute an Incentive Option or a Nonqualified
Option. Incentive Stock Options may only be granted to Employees.

     5.2 OPTION PRICE. The price at which Stock may be purchased under an
Incentive Option shall not be less than the greater of: (a) 100% of the Fair
Market Value of the shares of Stock on the date the Option is granted or (b) the
aggregate par value of the shares of Stock on the date the Option is granted.
The Committee in its discretion may provide that the price at which shares of
Stock may be purchased under an Incentive Option shall be more than 100% of Fair
Market Value. In the case of any 10% Stockholder, the price at which shares of
Stock may be purchased under an Incentive Option shall not be less than 110% of
the Fair Market Value of the Stock on the date the Incentive Option is granted.
The price at which shares of Stock may be purchased under a Nonqualified Option
shall be such price as shall be determined by the Committee in its sole
discretion but in no event lower than the par value of the shares of Stock on
the date the Option is granted.

     5.3 DURATION OF OPTIONS AND SARS. No Option or SAR shall be exercisable
after the expiration of ten (10) years from the date the Option or SAR is
granted. In the case of a 10% Stockholder, no Incentive Option shall be
exercisable after the expiration of five years from the date the Incentive
Option is granted.

     5.4 AMOUNT EXERCISABLE -- INCENTIVE OPTIONS. Each Option may be exercised
from time to time, in whole or in part, in the manner and subject to the
conditions the Committee, in its sole discretion, may provide in the Option
Agreement, as long as the Option is valid and outstanding, and further provided
that no Option may be exercisable within six (6) months of the date of grant,
unless otherwise stated in the Option Agreement. To the extent that the
aggregate Fair Market Value (determined as of the time an Incentive Option is
granted) of the Stock with respect to which Incentive Options first become
exercisable by the optionee during any calendar year (under this Plan and any
other incentive stock option plan(s) of the Company or any Affiliate) exceeds
$100,000, the portion in excess of $100,000 of the Incentive Option shall be
treated as a Nonqualified Option. In making this determination, Incentive
Options shall be taken into account in the order in which they were granted.

                                       8
<PAGE>

     5.5 EXERCISE OF OPTIONS. Each Option shall be exercised by the delivery of
written notice to the Committee setting forth the number of shares of Stock with
respect to which the Option is to be exercised, together with:

     (a) cash, certified check, bank draft, or postal or express money order
payable to the order of the Company for an amount equal to the option price of
the shares,

     (b) Stock at its Fair Market Value on the date of exercise, (if approved in
advance by the Committee),

     (c) an election to make a cashless exercise through a registered
broker-dealer (if approved in advance by the Committee),

     (d) an election to have shares of Stock, which otherwise would be issued on
exercise, withheld in payment of the exercise price (if approved in advance by
the Committee), and/or

     (e) any other form of payment which is acceptable to the Committee,
including without limitation, payment in the form of a promissory note, and
specifying the address to which the certificates for the shares are to be
mailed.

     As promptly as practicable after receipt of written notification and
payment, the Company shall deliver to the Eligible Person certificates for the
number of shares with respect to which the Option has been exercised, issued in
the Eligible Person's name. If shares of Stock are used in payment, the
aggregate Fair Market Value of the shares of Stock tendered must be equal to or
less than the aggregate exercise price of the shares being purchased upon
exercise of the Option, and any difference must be paid by cash, certified
check, bank draft, or postal or express money order payable to the order of the
Company. Delivery of the shares shall be deemed effected for all purposes when a
stock transfer agent of the Company shall have deposited the certificates in the
United States mail, addressed to the Eligible Person, at the address specified
by the Eligible Person.

     Whenever an Option is exercised by exchanging shares of Stock owned by the
Eligible Person, the Eligible Person shall deliver to the Company certificates
registered in the name of the Eligible Person representing a number of shares of
Stock legally and beneficially owned by the Eligible Person, free of all liens,
claims, and encumbrances of every kind, accompanied by stock powers duly
endorsed in blank by the record holder of the shares represented by the
certificates (with signature guaranteed by a commercial bank or trust company or
by a brokerage firm having a membership on a registered national stock
exchange). The delivery of certificates upon the exercise of Options is subject
to the condition that the person exercising the Option provide the Company with
the information the Company might reasonably request pertaining to exercise,
sale or other disposition.

                                       9
<PAGE>

     5.6 STOCK APPRECIATION RIGHTS. All Eligible Persons shall be eligible to
receive Stock Appreciation Rights. The Committee shall determine the SAR to be
awarded from time to time to any Eligible Person. The grant of an SAR to be
awarded from time to time shall neither entitle such person to, nor disqualify
such person, from participation in any other grant of awards by the Company,
whether under this Plan or any other plan of the Company. If granted as a
stand-alone SAR Award, the terms of the Award shall be provided in a Stock
Appreciation Rights Agreement.

     5.7 STOCK APPRECIATION RIGHTS IN TANDEM WITH OPTIONS. Stock Appreciation
Rights may, at the discretion of the Committee, be included in each Option
granted under the Plan to permit the holder of an Option to surrender that
Option, or a portion of the part which is then exercisable, and receive in
exchange, upon the conditions and limitations set by the Committee, an amount
equal to the excess of the Fair Market Value of the Stock covered by the Option,
or the portion of it that was surrendered, determined as of the date of
surrender, over the aggregate exercise price of the Stock. The payment may be
made in shares of Stock valued at Fair Market Value, in cash, or partly in cash
and partly in shares of Stock, as the Committee shall decide in its sole
discretion. Stock Appreciation Rights may be exercised only when the Fair Market
Value of the Stock covered by the Option surrendered exceeds the exercise price
of the Stock. In the event of the surrender of an Option, or a portion of it, to
exercise the Stock Appreciation Rights, the shares represented by the Option or
that part of it which is surrendered, shall not be available for reissuance
under the Plan. Each Stock Appreciation Right issued in tandem with an Option
(a) will expire not later than the expiration of the underlying Option, (b) may
be for no more than 100% of the difference between the exercise price of the
underlying Option and the Fair Market Value of a share of Stock at the time the
Stock Appreciation Right is exercised, (c) is transferable only when the
underlying Option is transferable, and under the same conditions, and (d) may be
exercised only when the underlying Option is eligible to be exercised.

     5.8 CONDITIONS OF STOCK APPRECIATION RIGHTS. All Stock Appreciation Rights
shall be subject to such terms, conditions, restrictions or limitations as the
Committee deems appropriate, including by way of illustration but not by way of
limitation, restrictions on transferability, requirement of continued
employment, individual performance, financial performance of the Company or
payment of any applicable employment or withholding taxes.

     5.9 PAYMENT OF STOCK APPRECIATION RIGHTS. The amount of payment to which
the Eligible Person who reserves an SAR shall be entitled upon the exercise of
each SAR shall be equal to the amount, if any by which the Fair Market Value of
the specified shares of Stock on the exercise date exceeds the Fair Market Value
of the specified shares of Stock on the date of grant of the SAR. The SAR shall
be paid in either cash or Stock, as determined in the discretion of the
Committee as set forth in the SAR agreement. If the payment is in Stock, the
number of shares to be paid shall be determined by dividing the amount of such
payment by the Fair Market Value of Stock on the exercise date of such SAR.

                                       10
<PAGE>

     5.10 EXERCISE ON TERMINATION OF EMPLOYMENT. Unless it is expressly provided
otherwise in the Option or SAR agreement, Options and SAR granted to Employees
shall terminate one day less than three months after severance of employment of
the Employee from the Company and all Affiliates for any reason, with or without
cause, other than death, retirement under the then established rules of the
Company, or severance for disability. Whether authorized leave of absence or
absence on military or government service shall constitute severance of the
employment of the Employee shall be determined by the Committee at that time.

     5.11 DEATH. If, before the expiration of an Option or SAR, the Eligible
Person, whether in the employ of the Company or after he has retired or was
severed for disability, or otherwise dies, the Option or SAR shall continue
until the earlier of the Option's or SAR's expiration date or one year following
the date of his death, unless it is expressly provided otherwise in the Option
or SAR agreement. After the death of the Eligible Person, his executors,
administrators or any persons to whom his Option or SAR may be transferred by
will or by the laws of descent and distribution shall have the right, at any
time prior to the Option's or SAR's expiration or termination, whichever is
earlier, to exercise it, to the extent to which he was entitled to exercise it
immediately prior to his death, unless it is expressly provided otherwise in the
Option or SAR's agreement.

     5.12 RETIREMENT. Unless it is expressly provided otherwise in the Option
Agreement, before the expiration of an Incentive Option, the Employee shall be
retired in good standing from the employ of the Company under the then
established rules of the Company, the Incentive Option shall terminate on the
earlier of the Option's expiration date or one day less than one year after his
retirement; provided, if an Incentive Option is not exercised within specified
time limits prescribed by the Code, it will become a Nonqualified Option by
operation of law. Unless it is expressly provided otherwise in the Option
Agreement, if before the expiration of a Nonqualified Option, the Employee shall
be retired in good standing from the employ of the Company under the then
established rules of the Company, the Nonqualified Option shall terminate on the
earlier of the Nonqualified Option's expiration date or one day less than one
year after his retirement. In the event of retirement, the Employee shall have
the right prior to the termination of the Nonqualified Option to exercise the
Nonqualified Option, to the extent to which he was entitled to exercise it
immediately prior to his retirement, unless it is expressly provided otherwise
in the Option Agreement. Upon retirement, an SAR shall continue to be
exercisable for the remainder of the term of the SAR agreement.

     5.13 DISABILITY. If, before the expiration of an Option or SAR, the
Employee shall be severed from the employ of the Company for disability, the
Option or SAR shall terminate on the earlier of the Option's or SAR's expiration
date or one day less than one year after the date he was severed because of
disability, unless it is expressly provided otherwise in the Option or SAR
agreement. In the event that the Employee shall be severed from the employ of
the Company for disability, the Employee shall have the right prior to the
termination of the Option or SAR to exercise the Option, to the extent to which
he was entitled to exercise it immediately prior to his retirement or severance
of employment for disability, unless it is expressly provided otherwise in the
Option Agreement.

                                       11
<PAGE>

     5.14 SUBSTITUTION OPTIONS. Options may be granted under this Plan from time
to time in substitution for stock options held by employees of other
corporations who are about to become employees of or affiliated with the Company
or any Affiliate as the result of a merger or consolidation of the employing
corporation with the Company or any Affiliate, or the acquisition by the Company
or any Affiliate of the assets of the employing corporation, or the acquisition
by the Company or any Affiliate of stock of the employing corporation as the
result of which it becomes an Affiliate of the Company. The terms and conditions
of the substitute Options granted may vary from the terms and conditions set out
in this Plan to the extent the Committee, at the time of grant, may deem
appropriate to conform, in whole or in part, to the provisions of the stock
options in substitution for which they are granted.

     5.15 RELOAD OPTIONS. Without in any way limiting the authority of the Board
of Directors or Committee to make or not to make grants of Options hereunder,
the Board of Directors or Committee shall have the authority (but not an
obligation) to include as part of any Option Agreement a provision entitling the
Eligible Person to a further Option (a "Reload Option") in the event the
Eligible Person exercises the Option evidenced by the Option Agreement, in whole
or in part, by surrendering other shares of Stock in accordance with this Plan
and the terms and conditions of the Option Agreement. Any such Reload Option (a)
shall be for a number of shares equal to the number of shares surrendered as
part or all of the exercise price of such Option; (b) shall have an expiration
date which is the greater of (i) the same expiration date of the Option the
exercise of which gave rise to such Reload Option or (ii) one year from the date
of grant of the Reload Option; and (c) shall have an exercise price which is
equal to one hundred percent (100%) of the Fair Market Value of the Stock
subject to the Reload Option on the date of exercise of the original Option.
Notwithstanding the foregoing, a Reload Option which is an Incentive Option and
which is granted to a 10% Stockholder, shall have an exercise price which is
equal to one hundred ten percent (110%) of the Fair Market Value of the Stock
subject to the Reload Option on the date of exercise of the original Option and
shall have a term which is no longer than five (5) years.

     Any such Reload Option may be an Incentive Option or a Nonqualified Option,
as the Board of Directors or Committee may designate at the time of the grant of
the original Option; provided, however, that the designation of any Reload
Option as an Incentive Option shall be subject to the one hundred thousand
dollar ($100,000) annual limitation on exercisability of Incentive Stock Options
described in the Plan and in Section 422(d) of the Code. There shall be no
Reload Options on a Reload Option. Any such Reload Option shall be subject to
the availability of sufficient shares under Section 4.2 herein and shall be
subject to such other terms and conditions as the Board of Directors or
Committee may determine which are not inconsistent with the express provisions
of the Plan regarding the terms of Options.

     5.16 NO RIGHTS AS STOCKHOLDER. No Eligible Person shall have any rights as
a stockholder with respect to Stock covered by his Option until the date a stock
certificate is issued for the Stock.

                                       12
<PAGE>

                      ARTICLE VI - RESTRICTED STOCK AWARDS

     6.1 RESTRICTED STOCK AWARDS. The Committee may issue shares of Stock to an
Eligible Person subject to the terms of a Restricted Stock Agreement. The
Restricted Stock may be issued for no payment by the Eligible Person or for a
payment below the Fair Market Value on the date of grant. Restricted Stock shall
be subject to restrictions as to sale, transfer, alienation, pledge or other
encumbrance and generally will be subject to vesting over a period of time
specified in the Restricted Stock Agreement. The Committee shall determine the
period of vesting, the number of shares, the price, if any, of Stock included in
a Restricted Stock Award, and the other terms and provisions which are included
in a Restricted Stock Agreement.

     6.2 RESTRICTIONS. Restricted Stock shall be subject to the terms and
conditions as determined by the Committee, including without limitation, any or
all of the following:

     (a) a prohibition against the sale, transfer, alienation, pledge or other
encumbrance of the shares of Restricted Stock, such prohibition to lapse (i) at
such time or times as the Committee shall determine (whether in annual or more
frequent installments, at the time of the death, disability or retirement of the
holder of such shares, or otherwise);

     (b) a requirement that the holder of shares of Restricted Stock forfeit, or
in the case of shares sold to an Eligible Person, resell back to the Company at
his cost, all or a part of such shares in the event of termination of the
Eligible Person's employment during any period in which the shares remain
subject to restrictions;

     (c) a prohibition against employment of the holder of Restricted Stock by
any competitor of the Company or its Affiliates, or against such holder's
dissemination of any secret or confidential information belonging to the Company
or an Affiliate;

     (d) unless stated otherwise in the Restricted Stock Agreement,

          (i)  if restrictions remain at the time of severance of employment
               with the Company and all Affiliates, other than for reason of
               disability or death, the Restricted Stock shall be forfeited; and

          (ii) if severance of employment is by reason of disability or death,
               the restrictions on the shares shall lapse and the Eligible
               Person or his heirs or estate shall be 100% vested in the shares
               subject to the Restricted Stock Agreement.

     6.3 STOCK CERTIFICATE. Shares of Restricted Stock shall be registered in
the name of the Eligible Person receiving the Restricted Stock Award and
deposited, together with a stock power endorsed in blank, with the Company. Each
such certificate shall bear a legend in substantially the following form:

                                       13
<PAGE>

          "The transferability of this certificate and the shares of
          Stock represented by it is restricted by and subject to the
          terms and conditions (including conditions of forfeiture)
          contained in the Fountain Pharmaceuticals, Inc. 2002 Equity
          Incentive Plan, and an agreement entered into between the
          registered owner and the Company. A copy of the Plan and
          agreement is on file in the office of the Secretary of the
          Company."

     6.4 RIGHTS AS STOCKHOLDER. Subject to the terms and conditions of the Plan,
each Eligible Person receiving a certificate for Restricted Stock shall have all
the rights of a stockholder with respect to the shares of Stock included in the
Restricted Stock Award during any period in which such shares are subject to
forfeiture and restrictions on transfer, including without limitation, the right
to vote such shares. Dividends paid with respect to shares of Restricted Stock
in cash or property other than Stock in the Company or rights to acquire stock
in the Company shall be paid to the Eligible Person currently. Dividends paid in
Stock in the Company or rights to acquire Stock in the Company shall be added to
and become a part of the Restricted Stock.

     6.5 LAPSE OF RESTRICTIONS. At the end of the time period during which any
shares of Restricted Stock are subject to forfeiture and restrictions on sale,
transfer, alienation, pledge, or other encumbrance, such shares shall vest and
will be delivered in a certificate, free of all restrictions, to the Eligible
Person or to the Eligible Person's legal representative, beneficiary or heir;
provided the certificate shall bear such legend, if any, as the Committee
determines is reasonably required by applicable law. By accepting a Stock Award
and executing a Restricted Stock Agreement, the Eligible Person agrees to remit
when due any federal and state income and employment taxes required to be
withheld.

     6.6 RESTRICTION PERIOD. No Restricted Stock Award may provide for
restrictions continuing beyond ten (10) years from the date of grant.

                     ARTICLE VII - PERFORMANCE STOCK AWARDS

     7.1 AWARD OF PERFORMANCE STOCK. The Committee may award shares of Stock,
without any payment for such shares, to designated Eligible Persons if specified
performance goals established by the Committee are satisfied. The terms and
provisions herein relating to these performance based awards are intended to
satisfy Section 162(m) of the Code and regulations issued thereunder. The
designation of an employee eligible for a specific Performance Stock Award shall
be made by the Committee in writing prior to the beginning of the period for
which the performance is measured (or within such period as permitted by IRS
regulations). The Committee shall establish the maximum number of shares of
Stock to be issued to a designated Employee if the performance goal or goals are
met. The Committee reserves the right to make downward adjustments in the
maximum amount of an Award if in its discretion unforeseen events make such
adjustment appropriate.

                                       14
<PAGE>

     7.2 PERFORMANCE GOALS. Performance goals determined by the Committee may be
based on specified increases in cash flow, net profits, Stock price, Company,
segment or Affiliate sales, market share, earnings per share, return on assets,
and/or return on stockholders' equity.

     7.3 ELIGIBILITY. The employees eligible for Performance Stock Awards are
the senior officers (i.e., chief executive officer, president, vice presidents,
secretary, treasurer, and similar positions) of the Company and its Affiliates,
and such other employees of the Company and its Affiliates as may be designated
by the Committee.

     7.4 CERTIFICATE OF PERFORMANCE. The Committee must certify in writing that
a performance goal has been attained prior to issuance of any certificate for a
Performance Stock Award to any Employee. If the Committee certifies the
entitlement of an Employee to the Performance Stock Award, the certificate will
be issued to the Employee as soon as administratively practicable, and subject
to other applicable provisions of the Plan, including but not limited to, all
legal requirements and tax withholding. However, payment may be made in shares
of Stock, in cash, or partly in cash and partly in shares of Stock, as the
Committee shall decide in its sole discretion. If a cash payment is made in lieu
of shares of Stock, the number of shares represented by such payment shall not
be available for subsequent issuance under this Plan.

                        ARTICLE VII - BONUS STOCK AWARDS

     8.1 AWARD OF BONUS STOCK. The committee may award shares of Stock to
Eligible Persons, without any payment for such shares and without any specified
performance goals. The Committee reserves the right to issue such amount of
shares to Eligible Persons as the Committee deems fit.

     8.2 ELIGIBILITY. The Employees eligible for Bonus Stock Awards are the
senior officers (i.e., chief executive officer, chief operating officer, chief
financial officer, president, vice presidents, secretary, treasurer, and similar
positions) and consultants of the Company and its Affiliates, and such other
employees of the Company and its Affiliates as may be designated by the
Committee.

                           ARTICLE IX - ADMINISTRATION

     The Plan shall be administered by the Committee. All questions of
interpretation and application of the Plan and Awards shall be subject to the
determination of the Committee. A majority of the members of the Committee shall
constitute a quorum. All determinations of the Committee shall be made by a
majority of its members. Any decision or determination reduced to writing and
signed by a majority of the members shall be as effective as if it had been made
by a majority vote at a meeting properly called and held. This Plan shall be
administered in such a manner as to permit the Options which are designated to
be Incentive Options to qualify as Incentive Options. In carrying out its
authority under this Plan, the Committee shall have full and final authority and
discretion, including but not limited to the following rights, powers and
authorities, to:

                                       15
<PAGE>

     (a) determine the Eligible Persons to whom and the time or times at which
Options or Awards will be made,

     (b) determine the number of shares and the purchase price of Stock covered
in each Option or Award, subject to the terms of the Plan,

     (c) determine the terms, provisions and conditions of each Option and
Award, which need not be identical,

     (d) accelerate the time at which any outstanding Option or SAR may be
exercised, or Restricted Stock Award will vest,

     (e) define the effect, if any, on an Option or Award of the death,
disability, retirement, or termination of employment of the Employee,

     (f) prescribe, amend and rescind rules and regulations relating to
administration of the Plan, and

     (g) make all other determinations and take all other actions deemed
necessary, appropriate, or advisable for the proper administration of this Plan.

     The actions of the Committee in exercising all of the rights, powers, and
authorities set out in this Article and all other Articles of this Plan, when
performed in good faith and in its sole judgment, shall be final, conclusive and
binding on all parties.

                  ARTICLE X - AMENDMENT OR TERMINATION OF PLAN

     The Board of Directors of the Company may amend, terminate or suspend this
Plan at any time, in its sole and absolute discretion; provided, however, that
to the extent required to qualify this Plan under Rule 16b-3 promulgated under
Section 16 of the Securities Exchange Act of 1934, as amended, no amendment that
would (a) materially increase the number of shares of Stock that may be issued
under this Plan, (b) materially modify the requirements as to eligibility for
participation in this Plan, or (c) otherwise materially increase the benefits
accruing to participants under this Plan, shall be made without the approval of
the Company's stockholders; provided further, however, that to the extent
required to maintain the status of any Incentive Option under the Code, no
amendment that would (a) change the aggregate number of shares of Stock which
may be issued under Incentive Options, (b) change the class of employees
eligible to receive Incentive Options, or (c) decrease the Option price for
Incentive Options below the Fair Market Value of the Stock at the time it is
granted, shall be made without the approval of the Company's stockholders.
Subject to the preceding sentence, the Board of Directors shall have the power
to make any changes in the Plan and in the regulations and administrative
provisions under it or in any outstanding Incentive Option as in the opinion of
counsel for the Company may be necessary or appropriate from time to time to
enable any Incentive Option granted under this Plan to continue to qualify as an
incentive stock option or such other stock option as may be defined under the
Code so as to receive preferential federal income tax treatment.

                                       16
<PAGE>

                           ARTICLE XI - MISCELLANEOUS

     11.1 NO ESTABLISHMENT OF A TRUST FUND. No property shall be set aside nor
shall a trust fund of any kind be established to secure the rights of any
Eligible Person under this Plan. All Eligible Persons shall at all times rely
solely upon the general credit of the Company for the payment of any benefit
which becomes payable under this Plan.

     11.2 NO EMPLOYMENT OBLIGATION. The granting of any Option or Award shall
not constitute an employment contract, express or implied, nor impose upon the
Company or any Affiliate any obligation to employ or continue to employ any
Eligible Person. The right of the Company or any Affiliate to terminate the
employment of any person shall not be diminished or affected by reason of the
fact that an Option or Award has been granted to him.

     11.3 FORFEITURE. Notwithstanding any other provisions of this Plan, if the
Committee finds by a majority vote after full consideration of the facts that an
Eligible Person, before or after termination of his employment with the Company
or an Affiliate for any reason (a) committed or engaged in fraud, embezzlement,
theft, commission of a felony, or proven dishonesty in the course of his
employment by the Company or an Affiliate, which conduct damaged the Company or
Affiliate, or disclosed trade secrets of the Company or an Affiliate, or (b)
participated, engaged in or had a material, financial or other interest, whether
as an employee, officer, director, consultant, contractor, stockholder, owner,
or otherwise, in any commercial endeavor in the United States which is
competitive with the business of the Company or an Affiliate without the written
consent of the Company or Affiliate, the Eligible Person shall forfeit all
outstanding Options and all outstanding Awards, and including all exercised
Options and other situations pursuant to which the Company has not yet delivered
a stock certificate. Clause (b) shall not be deemed to have been violated solely
by reason of the Eligible Person's ownership of stock or securities of any
publicly owned corporation, if that ownership does not result in effective
control of the corporation.

     The decision of the Committee as to the cause of an Employee's discharge,
the damage done to the Company or an Affiliate, and the extent of an Eligible
Person's competitive activity shall be final. No decision of the Committee,
however, shall affect the finality of the discharge of the Employee by the
Company or an Affiliate in any manner.

     11.4 TAX WITHHOLDING. The Company or any Affiliate shall be entitled to
deduct from other compensation payable to each Eligible Person any sums required
by federal, state, or local tax law to be withheld with respect to the grant or
exercise of an Option or SAR, lapse of restrictions on Restricted Stock, or
award of Performance Stock. In the alternative, the Company may require the
Eligible Person (or other person exercising the Option, SAR or receiving the
Stock) to pay the sum directly to the employer corporation. If the Eligible
Person (or other person exercising the Option or SAR or receiving the Stock) is
required to pay the sum directly, payment in cash or by check of such sums for

                                       17
<PAGE>

taxes shall be delivered within 10 days after the date of exercise or lapse of
restrictions. The Company shall have no obligation upon exercise of any Option
or lapse of restrictions on Stock until payment has been received, unless
withholding (or offset against a cash payment) as of or prior to the date of
exercise or lapse of restrictions is sufficient to cover all sums due with
respect to that exercise. The Company and its Affiliates shall not be obligated
to advise an Eligible Person of the existence of the tax or the amount which the
employer corporation will be required to withhold.

     11.5 WRITTEN AGREEMENT. Each Option and Award shall be embodied in a
written agreement which shall be subject to the terms and conditions of this
Plan and shall be signed by the Eligible Person and by a member of the Committee
on behalf of the Committee and the Company or an executive officer of the
Company, other than the Eligible Person, on behalf of the Company. The agreement
may contain any other provisions that the Committee in its discretion shall deem
advisable which are not inconsistent with the terms of this Plan.

     11.6 INDEMNIFICATION OF THE COMMITTEE AND THE BOARD OF DIRECTORS. With
respect to administration of this Plan, the Company shall indemnify each present
and future member of the Committee and the Board of Directors against, and each
member of the Committee and the Board of Directors shall be entitled without
further act on his part to indemnity from the Company for, all expenses
(including attorney's fees, the amount of judgments and the amount of approved
settlements made with a view to the curtailment of costs of litigation, other
than amounts paid to the Company itself) reasonably incurred by him in
connection with or arising out of any action, suit, or proceeding in which he
may be involved by reason of his being or having been a member of the Committee
and/or the Board of Directors, whether or not he continues to be a member of the
Committee and/or the Board of Directors at the time of incurring the expenses,
including, without limitation, matters as to which he shall be finally adjudged
in any action, suit or proceeding to have been found to have been negligent in
the performance of his duty as a member of the Committee or the Board of
Directors. However, this indemnity shall not include any expenses incurred by
any member of the Committee and/or the Board of Directors in respect of matters
as to which he shall be finally adjudged in any action, suit or proceeding to
have been guilty of gross negligence or willful misconduct in the performance of
his duty as a member of the Committee and the Board of Directors. In addition,
no right of indemnification under this Plan shall be available to or enforceable
by any member of the Committee and the Board of Directors unless, within 60 days
after institution of any action, suit or proceeding, he shall have offered the
Company, in writing, the opportunity to handle and defend same at its own
expense. This right of indemnification shall inure to the benefit of the heirs,
executors or administrators of each member of the Committee and the Board of
Directors and shall be in addition to all other rights to which a member of the
Committee and the Board of Directors may be entitled as a matter of law,
contract, or otherwise.

     11.7 GENDER. If the context requires, words of one gender when used in this
Plan shall include the others and words used in the singular or plural shall
include the other.

     11.8 HEADINGS. Headings of Articles and Sections are included for
convenience of reference only and do not constitute part of the Plan and shall
not be used in construing the terms of the Plan.

                                       18
<PAGE>

     11.9 OTHER COMPENSATION PLANS. The adoption of this Plan shall not affect
any other stock option, incentive or other compensation or benefit plans in
effect for the Company or any Affiliate, nor shall the Plan preclude the Company
from establishing any other forms of incentive or other compensation for
employees of the Company or any Affiliate.

     11.10 OTHER OPTIONS OR AWARDS. The grant of an Option or Award shall not
confer upon the Eligible Person the right to receive any future or other Options
or Awards under this Plan, whether or not Options or Awards may be granted to
similarly situated Eligible Persons, or the right to receive future Options or
Awards upon the same terms or conditions as previously granted.

     11.11 GOVERNING LAW. The provisions of this Plan shall be construed,
administered, and governed under the laws of the State of Florida.

                                       19

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