Document:

Directors

    Option
      No.: _______

     

    H2DIESEL
      HOLDINGS, INC.

    2007
      OMNIBUS INCENTIVE PLAN

     

    NON-QUALIFIED
      STOCK OPTION AGREEMENT

     

    H2Diesel
      Holdings, Inc., a Florida corporation
      (the “Company”), hereby grants an option to purchase shares of its common stock,
      $.001 par value, (the “Stock”) to the optionee named below. The terms and
      conditions of the option are set forth in this cover sheet, in the attachment,
      and in the Company’s 2007 Omnibus Incentive Plan (the “Plan”).

     

    Grant
      Date: __________________, 200_____

     

    Name
      of
      Optionee: _________________________________________________

     

    Number
      of
      Shares Covered by Option: ______________

     

    Option
      Price per Share: $_____.___ (At
      least 100% of Fair Market Value)

     

    Vesting
      Start Date: _________________, ____

     

    By
      signing this cover sheet, you agree to all of the terms and conditions described
      in the attached Agreement and in the Plan, a copy of which is also attached.
      You
      acknowledge that you have carefully reviewed the Plan, and agree that the Plan
      will control in the event any provision of this Agreement should appear to
      be
      inconsistent.

     

    
      	Optionee: 	 	 ________________________________________________________________________________________
	 	 	
              (Signature)

            
	 	 	 ________________________________________________________________________________________ 
	Company:  	 	
              (Signature)

            
	 	 	 
	
              Title:

            	 	 

    

     

    Attachment

     

    This
      is
      not a stock certificate or a negotiable instrument.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    H2DIESEL
      HOLDINGS, INC.

    2007
      OMNIBUS INCENTIVE PLAN

     

    NON-QUALIFIED
      STOCK OPTION AGREEMENT

     

    
      	
              Non-Qualified
                Stock Option

            	 	
              This
                option is not intended to be an incentive stock option under Section
                422
                of the Internal Revenue Code and will be interpreted
                accordingly.

            
	 	 	 
	
              Vesting

            	 	
              This
                option is only exercisable before it expires and then only with respect
                to
                the vested portion of the option. Subject to the preceding sentence,
                you
                may exercise this option, in whole or in part, to purchase a whole
                number
                of vested shares by following the procedures set forth in the Plan
                and
                below in this Agreement.

              Your
                right to purchase shares of Stock under this option vests as to [one-half]
                of the total number of shares covered by this option, as shown on
                the
                cover sheet, on the Vesting Start Date and [the remaining one-half]
                on the
                first anniversary of the Vesting Start Date, provided you then continue
                in
                Service. The resulting aggregate number of vested shares will be
                rounded
                to the nearest whole number, and you cannot vest in more than the
                number
                of shares covered by this option.

               

              No
                additional shares of Stock will vest after your Service has terminated
                for
                any reason.1 

            
	 	 	 
	
              Term

            	 	
              Your
                option will expire in any event at the close of business at Company
                headquarters on the day before the [5]th anniversary of the Grant
                Date, as
                shown on the cover sheet. Your option will expire earlier if your
                Service
                terminates, as described below.

            
	 	 	 
	
              Regular
                Termination

            	 	
              If
                your Service terminates for any reason, other than death, Disability
                or
                Cause, then your option will expire at the close of business at Company
                headquarters on the 90th day after your termination
                date.

            
	 	 	 
	
              Termination
                for

              Cause

            	 	
              If
                your Service is terminated for Cause, then you shall immediately
                forfeit
                all rights to your option and the option shall immediately expire.
                

            
	 	 	 
	
              Death

            	 	
              If
                your Service terminates because of your death, then your option will
                expire at the close of business at Company headquarters on the date
                [six
                (6)] months after the date of death. During that [six month] period,
                your
                estate or heirs may exercise the vested portion of your
                option.

              In
                addition, if you die during the 90-day period described in connection
                with
                a regular termination (i.e., a termination of your Service not on
                account
                of your death, Disability or Cause), and a vested portion of your
                option
                has not yet been exercised, then your option will instead expire
                on the
                date [six (6)] months after your termination date. In such a case,
                during
                the period following your death up to the date [six (6)] months after
                your
                termination date, your estate or heirs may exercise the vested portion
                of
                your option. 

            

    

     

      
        

      

    

    
      1
        Discuss
        whether options should vest on death or disability.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

    

     

    
      	
              Disability

            	 	
              If
                your Service terminates because of your Disability, then your option
                will
                expire at the close of business at Company headquarters on the date
                [six
                (6)] months after your termination date.

            
	 	 	 
	
              Notice
                of Exercise

            	 	
              When
                you wish to exercise this option, you must notify the Company by
                filing
                the proper “Notice of Exercise” form at the address given on the form.
                Your notice must specify how many shares you wish to purchase. Your
                notice
                must also specify how your shares of Stock should be registered (in
                your
                name only or in your and your spouse’s names as joint tenants with right
                of survivorship). The notice will be effective when it is received
                by the
                Company. 

               

              If
                someone else wants to exercise this option after your death, that
                person
                must prove to the Company’s satisfaction that he or she is entitled to do
                so.

            
	 	 	 
	
              Form
                of Payment

            	 	
              When
                you submit your notice of exercise, you must include payment of the
                option
                price for the shares you are purchasing. Payment may be made in one
                (or a
                combination) of the following forms:

               

              · Cash,
                your personal check, a cashier’s check, a money order or another cash
                equivalent acceptable to the Company.

               

              · Shares
                of Stock which have already been owned by you and which are surrendered
                to
                the Company. The value of the shares, determined as of the effective
                date
                of the option exercise, will be applied to the option price.

               

              · By
                delivery (on a form prescribed by the Company) of an irrevocable
                direction
                to a licensed securities broker acceptable to the Company to sell
                Stock
                and to deliver all or part of the sale proceeds to the Company in
                payment
                of the aggregate option price and any withholding taxes (if approved
                in
                advance by the Committee).

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	
              Withholding
                Taxes

            	 	
              You
                will not be allowed to exercise this option unless you make acceptable
                arrangements to pay any withholding or other taxes that may be due
                as a
                result of the option exercise or sale of Stock acquired under this
                option.
                In the event that the Company determines that any federal, state,
                local or
                foreign tax or withholding payment is required relating to the exercise
                or
                sale of shares arising from this grant, the Company shall have the
                right
                to require such payments from you, or withhold such amounts from
                other
                payments due to you from the Company or any Affiliate.

            
	 	 	 
	
              Transfer
                of Option

            	 	
              During
                your lifetime, only you (or, in the event of your legal incapacity
                or
                incompetency, your guardian or legal representative) may exercise
                the
                option. You cannot transfer or assign this option. For instance,
                you may
                not sell this option or use it as security for a loan. If you attempt
                to
                do any of these things, this option will immediately become invalid.
                You
                may, however, dispose of this option in your will or it may be transferred
                upon your death by the laws of descent and distribution.

              Regardless
                of any marital property settlement agreement, the Company is not
                obligated
                to honor a notice of exercise from your spouse, nor is the Company
                obligated to recognize your spouse’s interest in your option in any other
                way.

            
	 	 	 
	
              Retention
                Rights

            	 	
              Neither
                your option nor this Agreement give you the right to be retained
                by the
                Company (or any Parent, Subsidiaries or Affiliates) in any capacity.
                The
                Company (and any Parent, Subsidiaries or Affiliates) reserve the
                right to
                terminate your Service at any time and for any reason.

            
	 	 	 
	
              Shareholder
                Rights

            	 	
              You,
                or your estate or heirs, have no rights as a shareholder of the Company
                until a certificate for your option’s shares has been issued (or an
                appropriate book entry has been made). No adjustments are made for
                dividends or other rights if the applicable record date occurs before
                your
                stock certificate is issued (or an appropriate book entry has been
                made),
                except as described in the Plan.

            
	 	 	 
	
              Forfeiture
                of Rights

            	 	
              If
                you should take actions in competition with the Company, the Company
                shall
                have the right to cause a forfeiture of your rights, including, but
                not
                limited to, the right to cause: (i) a forfeiture of any outstanding
                option, and (ii) with respect to the period commencing twelve (12)
                months prior to your termination of Service with the Company and
                ending
                twelve (12) months following such termination of Service (A) a forfeiture
                of any gain recognized by you upon the exercise of an option or (B)
                a
                forfeiture of any Stock acquired by you upon the exercise of an option
                (but the Company will pay you the option price without interest).
                Unless
                otherwise specified in an employment or other agreement between the
                Company and you, you take actions in competition with the Company
                if you
                directly or indirectly, own, manage, operate, join or control, or
                participate in the ownership, management, operation or control of,
                or are
                a proprietor, director, officer, stockholder, member, partner or
                an
                employee or agent of, or a consultant to any business, firm, corporation,
                partnership or other entity which competes with any business in which
                the
                Company or any of its Affiliates is engaged during your relationship
                as a
                director of the Company or its Affiliates or at the time of your
                termination of Service. Under the prior sentence, ownership of less
                than
                1% of the securities of a public company shall not be treated as
                an action
                in competition with the Company.

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

    

    
      	
              Adjustments

            	 	
              In
                the event of a stock split, a stock dividend or a similar change
                in the
                Stock, the number of shares covered by this option and the option
                price
                per share shall be adjusted (and rounded down to the nearest whole
                number)
                if required pursuant to the Plan. Your option shall be subject to
                the
                terms of the agreement of merger, liquidation or reorganization in
                the
                event the Company is subject to such corporate
                activity.

            
	 	 	 
	
              Applicable
                Law

            	 	
              This
                Agreement will be interpreted and enforced under the laws of the
                State of
                Florida, other than any conflicts or choice of law rule or principle
                that
                might otherwise refer construction or interpretation of this Agreement
                to
                the substantive law of another jurisdiction.

            
	 	 	 
	
              The
                Plan 

            	 	
              The
                text of the Plan is incorporated in this Agreement by reference.
                Certain
                capitalized terms used in this Agreement are defined in the Plan,
                and have
                the meaning set forth in the Plan.

              This
                Agreement and the Plan constitute the entire understanding between
                you and
                the Company regarding this option. Any prior agreements, commitments
                or
                negotiations concerning this option are
                superseded.

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

       

    

    
      	
              Data
                Privacy

            	 	
              In
                order to administer the Plan, the Company may process personal data
                about
                you. Such data includes but is not limited to the information provided
                in
                this Agreement and any changes thereto, other appropriate personal
                and
                financial data about you such as home address and business addresses
                and
                other contact information, payroll information and any other information
                that might be deemed appropriate by the Company to facilitate the
                administration of the Plan.

              By
                accepting this option, you give explicit consent to the Company to
                process
                any such personal data. You also give explicit consent to the Company
                to
                transfer any such personal data outside the country in which you
                work or
                are employed, including, with respect to non-U.S. resident Optionees,
                to
                the United States, to transferees who shall include the Company and
                other
                persons who are designated by the Company to administer the
                Plan.

            
	 	 	 
	
              Consent
                to Electronic Delivery

            	 	
              The
                Company may choose to deliver certain statutory materials relating
                to the
                Plan in electronic form. By accepting this option grant you agree
                that the
                Company may deliver the Plan prospectus and the Company’s annual report to
                you in an electronic format. If at any time you would prefer to receive
                paper copies of these documents, as you are entitled to, the Company
                would
                be pleased to provide copies. Please contact [  
                 ]
                at
                [ 
                  ] to
                request paper copies of these documents.

            
	 	 	 

    

     

    By
      signing the cover sheet of this Agreement, you agree to all of the terms
      and conditions
      described above and in the Plan.

     

    
      
        
        

      

      
        6Option
      No.: _______

     

    H2DIESEL
      HOLDINGS, INC.

    2007
      OMNIBUS INCENTIVE PLAN

     

    NON-QUALIFIED
      STOCK OPTION AGREEMENT

     

    H2Diesel
      Holdings, Inc., a Florida corporation
      (the “Company”), hereby grants an option to purchase shares of its common stock,
      $.001 par value, (the “Stock”) to the optionee named below. Additional terms and
      conditions of the grant are set forth in this cover sheet and in the attachment
      (collectively the “Agreement”), and in the Company’s 2007 Omnibus Incentive Plan
      (the “Plan”).

     

    Grant
      Date: __________________, 200__

     

    Name
      of
      Optionee: _________________________________________________

     

    Optionee’s
      Employee Identification Number: _____-____-_____

     

    Number
      of
      Shares Covered by Option: ______________

     

    Option
      Price per Share: $_____.___ (At
      least 100% of Fair Market Value)

     

    Vesting
      Start Date: _________________, ____

     

    By
      signing this cover sheet, you agree to all of the terms and conditions described
      in the attached Agreement and in the Plan, a copy of which is also attached.
      You
      acknowledge that you have carefully reviewed the Plan, and agree that the Plan
      will control in the event any provision of this Agreement should appear to
      be
      inconsistent with the Plan. Certain capitalized terms used in this Agreement
      are
      defined in the Plan, and have the meaning set forth in the
      Plan.

     

    
      

        Optionee:
          

        
          

                                                                                                    
            (Signature)                   

        

        
          Company:

          
            

          

                                                                                                        
             (Signature)

          
            Title:
              

            
              

            

             

          

        

      

    

    This
      is
      not a stock certificate or a negotiable instrument.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    H2DIESEL
      HOLDINGS, INC.

    2007
      OMNIBUS INCENTIVE PLAN

     

    NON-QUALIFIED
      STOCK OPTION AGREEMENT

     

    
      	
              Non-Qualified
                Stock Option

            	 	
              This
                option is not intended to be an incentive stock option under Section
                422
                of the Internal Revenue Code and will be interpreted
                accordingly.

            
	 	 	 
	
              Vesting

            	 	
              This
                option is only exercisable before it expires and then only with respect
                to
                the vested portion of the option. Subject to the preceding sentence,
                you
                may exercise this option, in whole or in part, to purchase a whole
                number
                of vested shares not less than 100 shares, unless the number of shares
                purchased is the total number available for purchase under the option,
                by
                following the procedures set forth in the Plan and below in this
                Agreement.

               

              [Your
                right to the Stock under this Restricted Stock Agreement vests as
                to
                one-third (1/3rd) of the total number of shares of Stock covered
                by this
                grant, as shown on the cover sheet, on the first anniversary of the
                Vesting Date, provided you then continue in Service. Thereafter,
                you will
                vest in equal installments every month for the following 24 months.
                The
                resulting aggregate number of vested shares will be rounded down
                to the
                nearest whole number, and you cannot vest in more than the number
                of
                shares covered by this option.]

               

              No
                additional shares of Stock will vest after your Service has terminated
                for
                any reason.

            
	 	 	 
	
              Term

            	 	
              Your
                option will expire in any event at the close of business at Company
                headquarters on the day before the 10th anniversary of the Grant
                Date, as
                shown on the cover sheet. Your option will expire earlier if your
                Service
                terminates, as described below.

            
	 	 	 
	
              Regular
                Termination

            	 	
              If
                your Service terminates for any reason, other than death, Disability
                or
                Cause, then your option will expire at the close of business at Company
                headquarters on the 90th day after your termination
                date.

            
	 	 	 
	
              Termination
                for

              Cause

            	 	
              If
                your Service is terminated for Cause, then you shall immediately
                forfeit
                all rights to your option and the option shall immediately expire.
                

            
	 	 	 
	
              Death

            	 	
              If
                your Service terminates because of your death, then your option will
                expire at the close of business at Company headquarters on the date
                twelve
                (12) months after the date of death. During that twelve month period,
                your
                estate or heirs may exercise the vested portion of your
                option.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

       

    

    
      	 	 	
              In
                addition, if you die during the 90-day period described in connection
                with
                a regular termination (i.e., a termination of your Service not on
                account
                of your death, Disability or Cause), and a vested portion of your
                option
                has not yet been exercised, then your option will instead expire
                on the
                date twelve (12) months after your termination date. In such a case,
                during the period following your death up to the date twelve (12)
                months
                after your termination date, your estate or heirs may exercise the
                vested
                portion of your option. 

            
	 	 	 
	
              Disability

            	 	
              If
                your Service terminates because of your Disability, then your option
                will
                expire at the close of business at Company headquarters on the date
                twelve
                (12) months after your termination date.

            
	 	 	 
	
              Leaves
                of Absence

            	 	
              For
                purposes of this option, your Service does not terminate when you
                go on a
                bona
                fide
                employee leave of absence that was approved by the Company in writing,
                if
                the terms of the leave provide for continued Service crediting, or
                when
                continued Service crediting is required by applicable law. However,
                your
                Service will be treated as terminating 90 days after you went on
                employee
                leave, unless your right to return to active work is guaranteed by
                law or
                by a contract. Your Service terminates in any event when the approved
                leave ends unless you immediately return to active employee
                work.

               

              The
                Company determines, in its sole discretion, which leaves count for
                this
                purpose, and when your Service terminates for all purposes under
                the
                Plan.

            
	 	 	 
	
              Notice
                of Exercise

            	 	
              When
                you wish to exercise this option, you must notify the Company by
                filing
                the proper “Notice of Exercise” form at the address given on the form.
                Your notice must specify how many shares you wish to purchase (in
                a parcel
                of at least 100 shares generally). Your notice must also specify
                how your
                shares of Stock should be registered (e.g. in your name only or in
                your
                and your spouse’s names as joint tenants with right of survivorship). The
                 notice will be effective when it is received by the Company. 

               

              If
                someone else wants to exercise this option after your death, that
                person
                must prove to the Company’s satisfaction that he or she is entitled to do
                so.

            
	 	 	 
	
              Form
                of Payment

            	 	
              When
                you submit your notice of exercise, you must include payment of the
                option
                price for the shares you are purchasing. Payment may be made in one
                (or a
                combination) of the following forms:

               

              · Cash,
                your personal check, a cashier’s check, a money order or another cash
                equivalent acceptable to the
                Company.

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

       

    

    
      	 	 	
              
                
                  
                    
                      ·
                        Shares
                        of Stock which have already been owned by you and which are
                        surrendered to
                        the Company. The value of the shares, determined as of the
                        effective date
                        of the option exercise, will be applied to the option price.
                        

                    

                  

                

              

              

                · By
                  delivery (on a form prescribed by the Company) of an irrevocable
                  direction
                  to a licensed securities broker acceptable to the Company to sell
                  Stock
                  and to deliver all or part of the sale proceeds to the Company
                  in payment
                  of the aggregate option price and any withholding
                  taxes. 

              

            
	 	 	 
	
              Withholding
                Taxes

            	 	
              You
                will not be allowed to exercise this option unless you make acceptable
                arrangements to pay any withholding or other taxes that may be due
                as a
                result of the option exercise or sale of Stock acquired under this
                option.
                In the event that the Company determines that any federal, state,
                local or
                foreign tax or withholding payment is required relating to the exercise
                or
                sale of shares arising from this grant, the Company shall have the
                right
                to require such payments from you, or withhold such amounts from
                other
                payments due to you from the Company or any Affiliate. Subject to
                the
                prior approval of the Company, which may be withheld by the Company,
                in
                its sole discretion, you may elect to satisfy this withholding obligation,
                in whole or in part, by causing the Company to withhold shares of
                Stock
                otherwise issuable to you or by delivering to the Company shares
                of Stock
                already owned by you. The shares of Stock so delivered or withheld
                must
                have an aggregate Fair Market Value equal to the withholding obligation
                and may not be subject to any repurchase, forfeiture, unfulfilled
                vesting,
                or other similar requirements. 

            
	 	 	 
	
              Corporate
                Transaction

            	 	
              Notwithstanding
                the vesting schedule set forth above, upon the consummation of a
                Corporate
                Transaction, this option will become 100% vested (i) if it is not
                assumed,
                or equivalent options are not substituted for the options, by the
                Company
                or its successor, or (ii) if assumed or substituted for, upon your
                Involuntary Termination within the 12-month period following the
                consummation of the Corporate Transaction. Notwithstanding any other
                provision in this Agreement, if assumed or substituted for, the option
                will expire one year after the date of termination of Service.
                

               

              “Involuntary
                Termination” means termination of your Service by reason of (i) your
                involuntary dismissal by the Company or its successor for reasons
                other
                than Cause; or (ii) your voluntary resignation for Good Reason as
                defined
                in any applicable employment or severance agreement, plan, or arrangement
                between you and the Company, or if none, then as set forth in the
                Plan
                following (x) a
                substantial adverse alteration in your title or responsibilities
                from those in effect immediately prior to the Corporate Transaction;
                (y) a
                reduction in your annual base salary as
                of immediately prior to the Corporate Transaction (or as the same
                may be
                increased from time to time)
                or
                a material reduction in your annual target bonus opportunity as of
                immediately prior to the Corporate Transaction;
                or (z) the relocation of your principal place of employment to a
                location
                more than 35 miles from your principal place of employment as of
                the
                Corporate Transaction or the Company's requiring you to be based
                anywhere
                other than such principal place of employment (or permitted relocation
                thereof) except for required travel on the Company's business to
                an extent
                substantially consistent with your business travel obligations as
                of
                immediately prior to the Corporate
                Transaction.

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

    

    
      	
              Transfer
                of Option

            	 	
              During
                your lifetime, only you (or, in the event of your legal incapacity
                or
                incompetency, your guardian or legal representative) may exercise
                the
                option. You cannot transfer or assign this option. For instance,
                you may
                not sell this option or use it as security for a loan. If you attempt
                to
                do any of these things, this option will immediately become invalid.
                You
                may, however, dispose of this option in your will or it may be transferred
                upon your death by the laws of descent and distribution.

               

              Regardless
                of any marital property settlement agreement, the Company is not
                obligated
                to honor a notice of exercise from your spouse, nor is the Company
                obligated to recognize your spouse’s interest in your option in any other
                way.

            
	 	 	 
	
              Retention
                Rights

            	 	
              Neither
                your option nor this Agreement give you the right to be retained
                by the
                Company (or any Parent, Subsidiaries or Affiliates) in any capacity.
                The
                Company (and any Parent, Subsidiaries or Affiliates) reserve the
                right to
                terminate your Service at any time and for any reason.

            
	 	 	 
	
              Shareholder
                Rights

            	 	
              You,
                or your estate or heirs, have no rights as a shareholder of the Company
                until a certificate for your option’s shares has been issued (or an
                appropriate book entry has been made). No adjustments are made for
                dividends or other rights if the applicable record date occurs before
                your
                stock certificate is issued (or an appropriate book entry has been
                made),
                except as described in the Plan.

            
	 	 	 
	
              [Forfeiture
                of Rights

            	 	
              If
                during your term of Service you should take actions in competition
                with
                the Company, the Company shall have the right to cause a forfeiture
                of
                your rights, including, but not limited to, the right to cause: (i) a
                forfeiture of any outstanding option, and (ii) with respect to the
                period commencing twelve (12) months prior to your termination of
                Service
                with the Company and ending twelve (12) months following such termination
                of Service (A) a forfeiture of any gain recognized by you upon the
                exercise of an option or (B) a forfeiture of any Stock acquired by
                you
                upon the exercise of an option (but the Company will pay you the
                option
                price without interest). Unless otherwise specified in an employment
                or
                other agreement between the Company and you, you take actions in
                competition with the Company if you directly or indirectly, own,
                manage,
                operate, join or control, or participate in the ownership, management,
                operation or control of, or are a proprietor, director, officer,
                stockholder, member, partner or an employee or agent of, or a consultant
                to any business, firm, corporation, partnership or other entity which
                competes with any business in which the Company or any of its Affiliates
                is engaged during your employment or other relationship with the
                Company
                or its Affiliates or at the time of your termination of Service.
                Under the
                prior sentence, ownership of less than 1% of the securities of a
                public
                company shall not be treated as an action in competition with the
                Company.]

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

       

    

    
      	
              Adjustments

            	 	
              In
                the event of a stock split, a stock dividend or a similar change
                in the
                Stock, the number of shares covered by this option and the option
                price
                per share shall be adjusted (and rounded down to the nearest whole
                number)
                pursuant to the Plan. Your option shall be subject to the terms of
                the
                agreement of merger, liquidation or reorganization in the event the
                Company is subject to such corporate activity in accordance with
                the terms
                of the Plan.

            
	 	 	 
	
              Applicable
                Law

            	 	
              This
                Agreement will be interpreted and enforced under the laws of the
                State of
                Florida, other than any conflicts or choice of law rule or principle
                that
                might otherwise refer construction or interpretation of this Agreement
                to
                the substantive law of another jurisdiction.

            
	 	 	 
	
              The
                Plan 

            	 	
              The
                text of the Plan is incorporated in this Agreement by reference.
                

               

              This
                Agreement and the Plan constitute the entire understanding between
                you and
                the Company regarding this option. Any prior agreements, commitments
                or
                negotiations concerning this option are superseded.

            
	 	 	 
	
              Data
                Privacy

            	 	
              In
                order to administer the Plan, the Company may process personal data
                about
                you. Such data includes but is not limited to the information provided
                in
                this Agreement and any changes thereto, other appropriate personal
                and
                financial data about you such as home address and business addresses
                and
                other contact information, payroll information and any other information
                that might be deemed appropriate by the Company to facilitate the
                administration of the Plan.

            

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

       

    

    
      	 	 	
              By
                accepting this option, you give explicit consent to the Company to
                process
                any such personal data. You also give explicit consent to the Company
                to
                transfer any such personal data outside the country in which you
                work or
                are employed, including, with respect to non-U.S. resident Optionees,
                to
                the United States, to transferees who shall include the Company and
                other
                persons who are designated by the Company to administer the
                Plan. 

            
	 	 	 
	
              Consent
                to Electronic Delivery

            	 	
              The
                Company may choose to deliver certain statutory materials relating
                to the
                Plan in electronic form. By accepting this option grant you agree
                that the
                Company may deliver the Plan prospectus and the Company’s annual report to
                you in an electronic format. If at any time you would prefer to receive
                paper copies of these documents, as you are entitled to, the Company
                would
                be pleased to provide copies. Please contact [           
                  ]
                at
                [            
                 ] to
                request paper copies of these
                documents.

            

    

     

    By
      signing the cover sheet of this Agreement, you agree to all of the terms and
      conditions
      described above and in the Plan.

     

    
      
        
        

      

      
        7

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