Document:

PAGE 1 OF
      5

                            
	
                              ORDER
      FOR SUPPLIES OR SERVICES

                            	 
      
	 
      	 
      	 
      	 
      	 
      
	
                                1.
      CONTRACT PURCH ORDER/AGREEMENT NO.

                            	
                                2.
      DELIVERY ORDER/CALL NO.

                            	
                                3.
      DATE OF ORDER/CALL 

                                (YYYYMMMDD)

                            	
                                4.
      REQUISITION/PURCH REQUEST NO.

                            	
                                5.
      PRIORITY

                            
	 
      	 
      	 
      	 
      	 
      
	
                                W52H09-05-D-0260

                            	
                                VD01

                            	
                              2010JUN28

                            	
                                SEE
      SCHEDULE

                            	
                                DOA5

                            

                    

                  

                

              

            

          

        

        
          
            
              	
                        6.
      ISSUED BY

                    	
                      CODE

                    	
                      SPRDL1

                    	
                        7.
      ADMINISTERED BY (If other than 6)

                    	
                      CODE   

                    	
                      S4402A

                    	
                        8.
      DELIVERY FOB

                    
	
                      DLA
      WARREN, LAND DETACHMENT @ TACOM

                    	 
      	 
      
	
                      DSCC-ZG

                    	
                      DCMA,
      TEXAS

                    	 
      
	
                      MO
      KAH (586)282-6487

                    	
                      600
      NORTH PEARL STREET

                    	
                       x
    DESTINATION

                    
	
                      WARREN,
      MI 48397-5000

                    	
                      SUITE
      1630

                    	 
      
	
                      HTTP://CONTRACTING.TACOM.ARMY.MIL

                    	
                      DALLAS    
      TX     75201-2843

                    	
                        ̈ OTHER

                    
	 
      	 
      	
                      (See
      Schedule if

                    
	 
      	
                      SCD:
      A
                      
       PAS:
      NONE
                  
      ADP
      PT: HQ0339

                    	
                      other)

                    

            

          

        

        
          
            
              
                
                  	
                            9.
      CONTRACTOR

                        	
                          CODE

                        	
                          0BK64

                        	
                          FACILITY 

                        	 
      	
                            10.
      DELIVER TO FOB POINT BY (Date)

                        	
                          11.
      x
      IF BUSINESS IS

                        
	 
      	 
      	
                          (YYYYMMMDD)

                        	 
      
	
                          ●

                        	
                          ●

                        	 
      	
                          x SMALL

                        
	
                          OPTEX
      SYSTEMS INC.

                        	 
      	 
      	 
      
	
                          1420
      PRESIDENTIAL DR

                        	 
      	
                            SEE
      SCHEDULE

                        	
                          o 
      SMALL

                        
	
                            NAME      
      RICHARDSON, TX 75081-2439

                        	 
      	
                            12.
      DISCOUNT TERMS

                        	
                          DISADVANTAGED

                        
	
                            AND

                        	 
      	 
      	 
      
	
                            ADDRESS

                        	 
      	 
      	
                          o 
      WOMAN-OWNED

                        
	 
      	 
      	 
      	 
      
	 
      	 
      	
                            13.
      MAIL INVOICES TO THE ADDRESS IN BLOCK

                        	 
      
	
                          ●

                        	
                          ●

                        	 
      	 
      
	
                          TYPE
      BUSINESS: Other Small Business Performing in U.S.

                        	
                          See
      Block 15

                        	 
      

                

              

            

          

        

        
          
            
              
                	
                          14.
      SHIP TO

                      	
                        CODE

                      	 
      	
                          15.
      PAYMENT WILL BE MADE BY

                      	
                        CODE

                      	
                        HQ0339

                      	
                        MARK
      ALL

                      
	
                          SEE
      SCHEDULE

                      	 
      	 
      	
                        DFAS-COLUMBUS
      CENTER

                      	 
      	 
      	
                        PACKAGES
      AND

                      
	 
      	 
      	 
      	
                        DFAS-CO
      WEST ENTITLEMENT OPERATIONS

                      	
                        PAPERS
      WITH

                      
	 
      	 
      	 
      	
                        P.O.
      BOX 182381

                      	 
      	 
      	
                        IDENTIFICATION

                      
	 
      	 
      	 
      	
                        COLUMBUS,
      OH 43218-2381

                      	 
      	 
      	
                        NUMBERS
      IN

                      
	 
      	 
      	 
      	 
      	 
      	 
      	
                        BLOCKS
      1 AND 2

                      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      

              

            

          

        

        
          
            
              
                
                  
                    
                      
                        
                          	
                                    16.

                                	
                                  DELIVERY/

                                  CALL

                                	
                                  x

                                	
                                  THIS
      DELIVERY ORDER IS ISSUED ON ANOTHER GOVERNMENT AGENCY OR IN ACCORDANCE
      WITH AND SUBJECT TO TERMS AND CONDITIONS OF ABOVE NUMBERED
      CONTRACT.

                                
	
                                  TYPE

                                	 
      	 
      	 
      
	
                                  OF

                                	 
      	 
      	 
      
	
                                  ORDER

                                	 
      	 
      	
                                  Reference
      your     o
      Oral      o
      Written   Quotation                                                                      
      , Dated                                             
      .

                                
	 
      	
                                  PURCHASE

                                	 
      	
                                                                                                furnish
      the following on terms specified herein.

                                
	 
      	 
      	 
      	
                                  ACCEPTANCE.
      THE CONTRACTOR HEREBY ACCEPTS THE OFFER REPRESENTED BY THE NUMBERED
      PURCHASE ORDER AS IT MAY PREVIOUSLY HAVE BEEN OR IS NOW MODIFIED, SUBJECT
      TO ALL OF THE TERMS AND CONDITIONS SET FORTH, AND AGREES TO PERFORM THE
      SAME.

                                

                        

                      

                    

                  

                

              

            

          

        

        
          
            
              
                	 	 	 	 	 	 	 	 	 
	 
      	
                          

                      	 
      	
                          

                      	 
      	
                          

                      	 
      	
                          

                      	 
      
	 
      	
                        NAME
      OF CONTRACTOR

                      	 
      	
                        SIGNATURE

                      	 
      	
                        TYPED
      NAME AND TITLE

                      	 
      	
                        DATE
      SIGNED

                        (YYYYMMMDD)

                      	 
      

              

            

          

        

        
          
            	
                      o If this
      box is marked, supplier must sign Acceptance and return the following
      number of copies:

                  

          

        

        
          
            	
                      17.
      ACCOUNTING AND APPROPRIATION DATA/LOCAL USE

                  
	 
      
	
                    SEE
      SCHEDULE

                  

          

        

        
          
            
              	
                        18.
      ITEM NO.

                    	
                        19.
      SCHEDULE OF SUPPLIES/SERVICE

                    	
                        20.
      QUANTITY

                    	
                        21.

                    	
                        22.
      UNIT PRICE

                    	
                        23.
      AMOUNT

                    
	 
      	 
      	
                        ORDERED/

                    	
                        UNIT

                    	 
      	 
      
	 
      	 
      	
                        ACCEPTED*

                    	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	
                        SEE
      SCHEDULE

                    	 
      	 
      	 
      	 
      
	 
      	
                        CONTRACT
      TYPE:

                    	 
      	 
      	 
      	 
      
	 
      	
                      Firm-Fixed-Price

                    	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	
                        KIND
      OF CONTRACT:

                    	 
      	 
      	 
      	 
      
	 
      	
                      Supply
      Contracts and Priced Orders

                    	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      

            

          

        

        
          
            
              
                	
                        *  If
      quantity accepted by the Government is same as quantity ordered, indicate
      by x.

                        If
      different, enter actual quantity accepted below quantity ordered and
      encircle.

                      	
                          24.
      UNITED STATES OF AMERICA

                      	
                          25. TOTAL

                      	
                          $2,500,570.00  

                      
	
                        MORRIS
      BELLEVILLE
                               /SIGNED/
                      2010JUN28

                      	
                          26.

                      	
                          

                      
	
                        MORRIS.BELLEVILLE@US.ARMY.MIL
      (586)282-3766

                      	
                          DIFFERENCES  

                      	 
      
	
                          BY:
                                                   CONTRACTING/ORDERING
      OFFICER

                      	 
      	 
      

              

            

          

        

        
          
            	
                      27a.
      QUANTITY IN COLUMN 20 HAS BEEN

                  
	 
      
	
                      o
      INSPECTED        o
      RECEIVED     o
      ACCEPTED, AND CONFORMS TO CONTRACT EXCEPT AS NOTED                                                                

                  

          

        

        
          
            
              
                
                  
                    
                      
                        	
                                  b.
      SIGNATURE OF AUTHORIZED GOVERNMENT REPRESENTATIVE

                              	
                                  c.
      DATE

                                  (YYYYMMMDD)

                              	
                                  d.
      PRINTED NAME AND TITLE OF AUTHORIZED GOVERNMENT
    REPRESENTATIVE

                              
	 
      	 
      	 
      
	
                                  e.
      MAILING ADDRESS OF AUTHORIZED GOVERNMENT REPRESENTATIVE

                              	
                                  28.
      SHIP. NO.

                              	
                                  29.
      D.O. VOUCHER NO.

                              	
                                  30.
      INITIALS

                              	
                                  

                              
	 
      	 
      	 
      	 
      	 
      
	 
      	
                                 o
      PARTIAL

                              	
                                  32.
      PAID BY

                              	
                                  33.
      AMOUNT VERIFIED CORRECT
FOR

                              

                      

                    

                  

                

              

            

          

        

        
          
            
              
                
                  
                    
                      	
                                f.
      TELEPHONE NUMBER

                            	
                                 g.
      E-MAIL ADDRESS

                            	
                                o
      FINAL

                            	 
      	 
      
	 
      	 
      	
                                31.
      PAYMENT

                            	 
      	  34. CHECK NUMBER  
      
	 
      	 
      	 
      	 
      	
                               
      

                            
	
                                36.
      I CERTIFY THIS ACCOUNT IS CORRECT AND PROPER FOR PAYMENT.

                            	
                              o
      COMPLETE

                            	 
      	  
      

                    

                  

                

              

            

          

        

        
          
            
              
                
                  	
                            a.
      DATE

                            (YYYYMMMDD)

                        	
                            b.
      SIGNATURE AND TITLE OF CERTIFYING OFFICER

                        	
                          o
      PARTIAL

                        	 
      	
                            35.
      BILL OF LADING NO.

                        
	 
      	 
      	 
      	
                          o
    FINAL

                        	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      
	
                            37.
      RECEIVED AT

                        	
                            38.
      RECEIVED BY (Print)

                        	
                            39.
      DATE RECEIVED

                          
                              (YYYYMMMDD)

                          

                        	
                            40.
      TOTAL CON-

                            TAINERS

                        	
                            41.
      S/R ACCOUNT NUMBER

                        	
                            42.
      S/R VOUCHER NO.

                        
	 
      	 
      	
                           

                        	
                            
      

                        	 
      	 
      

                

              

            

          

        

        DD
FORM 1155, DEC
2001                                                                       PREVIOUS
EDITION IS OBSOLETE.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

    

     

    
      
        
          
            	
                    CONTINUATION
      SHEET

                  	
                    Reference
      No. of Document Being Continued

                    PIIN/SIIN     W52H09-05-D-0260/VD01     MOD/AMD

                  	
                        Page
      2 of
      5

                  
	
                    Name
      of Offeror or Contractor:   OPTEX
      SYSTEMS

                  

          

        

      

      

      SUPPLEMENTAL
INFORMATION

      

      1.
DELIVERY ORDER VD01/0004 IS ISSUED FOR 200 EACH, M137A2 PANORAMIC TELESCOPE,
NSN: 1240-01-483-6103, PN 12984713.

      

      2. THE
UNIT PRICE OF $12,502.85 EACH REFLECTS THE UNIT PRICE FOR CLIN 0001 FOR ORDERING
PERIOD 05, 1 JULY 2009 THROUGH 30 JUNE 2010.THE TOTAL VALUE OF THIS DELIVERY
ORDER IS $2,500,570.00.

      

      3.THE
DELIVERY SCHEDULE IS ESTABLISHED IN SECTION B. EARLY DELIVERY IS AUTHORIZED IF
AT NO ADDITIONAL COST TO THE GOVERNMENT.

      

      4.THIS
DELIVERY ORDER IS SUBJECT TO THE TERMS AND CONDITIONS OF BASIC CONTRACT
W52H09-05-D-0260.

      

      *** END
OF NARRATIVE A0001 ***

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
 

      
        
          
            	
                    CONTINUATION
      SHEET

                  	
                    Reference
      No. of Document Being Continued

                    PIIN/SIIN     W52H09-05-D-0260/VD01     MOD/AMD

                  	
                        Page
      3 of
      5

                  
	
                    Name
      of Offeror or Contractor:   OPTEX
      SYSTEMS

                  

          

        

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      	
                                                                              ITEM NO

                                                                            	 	
                                                                              SUPPLIES/SERVICES

                                                                            	 	
                                                                              QUANTITY

                                                                            	 	
                                                                              UNIT

                                                                            	 	
                                                                              UNIT PRICE

                                                                            	 	
                                                                              AMOUNT

                                                                            
	 
      	 	 
      	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              SUPPLIES
      OR SERVICES AND PRICES/COSTS

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	 
      	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	
                                                                              0001

                                                                            	 	
                                                                              NSN:
      1240-01-483-6103

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              FSCM:
      19200

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              PART
      NR: 12984713

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              SECURITY
      CLASS: Unclassified

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	 
      	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	
                                                                              0001AB

                                                                            	 	
                                                                              PRODUCTION
      QUANTITY

                                                                            	 	
                                                                              200

                                                                            	 	
                                                                              EA

                                                                            	 	$ 	
                                                                              12,502.85000

                                                                            	 	$ 	
                                                                              2,500,570.00

                                                                            
	 
      	 	 
      	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              NOUN:
      TELESCOPE, PANORAMIC

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              PRON:
      M101F720M1    PRON AMD:
      04    ACRN: AA

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              AMS
      CD: 060011

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	 
      	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              Packaging
      and Marking

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	 
      	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              Inspection
      and Acceptance

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              INSPECTION:
      Origin ACCEPTANCE: Origin

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	 
      	 	 
      	 	 
      	 	 	 
      	 	 	 
      
	 
      	 	
                                                                              Deliveries
      or Performance

                                                                            	 	 
      	 	 
      	 	 	 
      	 	 	 
      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          	 	 	
                                  DOC

                                	 
      	 
      	 
      	
                                  SUPPL

                                	 
      	 
      	 
      	 
      	 
      	 
      	 	 	 
	 	 	
                                  REL CD

                                	 
      	
                                  MILSTRIP

                                	 
      	
                                  ADDR

                                	 
      	
                                  SIG CD

                                	 
      	
                                  MARK FOR

                                	 
      	
                                  TP CD

                                	 	 	 
	 	 	
                                  001

                                	 
      	
                                  W52H090137C304

                                	 
      	
                                  W25G1U

                                	 
      	
                                  J

                                	 
      	 
      	 
      	
                                  1

                                	 	 	 

                        

                      

                    

                  

                

              

            

          

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        	 	 	
                                DEL REL CD

                              	 
      	
                                QUANTITY

                              	 
      	
                                DEL
      DATE

                              	 	 
	 	 	
                                001

                              	 
      	
                                15

                              	 
      	
                                28-JAN-2011

                              	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                002

                              	 
      	
                                15

                              	 
      	
                                28-FEB-2011

                              	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                003

                              	 
      	
                                15

                              	 
      	
                                28-MAR-2011

                              	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                004

                              	 
      	
                                15

                              	 
      	
                                28-APR-2011

                              	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                005

                              	 
      	
                                15

                              	 
      	
                                30-MAY-2011

                              	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                006

                              	 
      	
                                25

                              	 
      	
                                29-JUN-2011

                              	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                007

                              	 
      	
                                25

                              	 
      	
                                29-JUL-2011

                              	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                008

                              	 
      	
                                25

                              	 
      	
                                29-AUG-2011

                              	 	 

                      

                    

                  

                

              

            

          

        

      

      

      
        	 
      	
                FOB
      POINT: Destination

              	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	
                SHIP
      TO:

              	 
      	 
      	 
      	 
      	 
      
	 
      	
                (W25G1U)

              	
                SU
      W1BG DEF DIST DEPOT SUSQUE

              	 
      	
                 

              	
                 

              	
                 

              	
                 

              
	 
      	 
      	
                DDSP
      NEW CUMBERLAND FACILITY

              	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                2001
      NORMANDY DRIVE DOOR 113 TO 134

              	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                NEW
      CUMBERLAND                                   PA
      17070-5002

              	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                CONTRACT/DELIVERY
      ORDER NUMBER

              	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                W52H09-05-D-0260/VD01

              	 
      	 
      	 
      	 
      	 
      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          
            
              
                
                  
                    	
                            CONTINUATION
      SHEET

                          	
                            Reference
      No. of Document Being Continued

                            PIIN/SIIN     W52H09-05-D-0260/VD01     MOD/AMD

                          	
                                Page
      4 of
      5

                          
	
                            Name
      of Offeror or Contractor:   OPTEX
      SYSTEMS

                          

                  

                

              

            

          

        

      

      
        
          	
                  ITEM NO

                	 	
                  SUPPLIES/SERVICES

                	 	
                  QUANTITY

                	 	
                  UNIT

                	 	
                  UNIT PRICE

                	 	
                  AMOUNT

                

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            	 	 	
                                    DOC

                                  	 
      	 
      	 
      	
                                    SUPPL

                                  	 
      	 
      	 
      	 
      	 
      	 
      	 	 	 
	 	 	
                                    REL CD

                                  	 
      	
                                    MILSTRIP

                                  	 
      	
                                    ADDR

                                  	 
      	
                                    SIG CD

                                  	 
      	
                                    MARK FOR

                                  	 
      	
                                    TP CD

                                  	 	 	 
	 	 	
                                    002

                                  	 
      	
                                    W52H090137C305

                                  	 
      	
                                    W62G2T

                                  	 
      	
                                    J

                                  	 
      	 
      	 
      	
                                    1

                                  	 	 	 

                          

                        

                      

                    

                  

                

              

            

          

        

        

        
          
            
              
                
                  
                    
                      
                        
                          
                            	 	 	
                                    DEL REL CD

                                  	 
      	
                                    QUANTITY

                                  	 
      	
                                    DEL
      DATE

                                  	 	 
	 	 	
                                    001

                                  	 
      	
                                    10

                                  	 
      	
                                    28-JAN-2011

                                  	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                    002

                                  	 
      	
                                    10

                                  	 
      	
                                    28-FEB-2011

                                  	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                    003

                                  	 
      	
                                    10

                                  	 
      	
                                    28-MAR-2011

                                  	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                    004

                                  	 
      	
                                    10

                                  	 
      	
                                    28-APR-2011

                                  	 	 
	 	 	 
      	 
      	 
      	 
      	 
      	 	 
	 	 	
                                    005

                                  	 
      	
                                    10

                                  	 
      	
                                    30-MAY-2011

                                  	 	 

                          

                        

                      

                    

                  

                

              

            

          

        

      

      

      
        	 
      	
                FOB
      POINT: Destination

              	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	
                SHIP
      TO:

              	 
      	 
      	 
      	 
      
	 
      	
                (W62G2T)

              	
                XR
      W1BG DEF DIST DEPOT SAN JOAQUN

              	 
      	 
      	 
      	 
      
	 
      	 
      	
                TRANSPORTATION
      OFFICER

              	 
      	 
      	 
      	 
      
	 
      	 
      	
                PO
      BOX 960001

              	 
      	 
      	 
      	 
      
	 
      	 
      	
                STOCKTON   CA
      95296-0130

              	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                CONTRACT/DELIVERY
      ORDER NUMBER

              	 
      	 
      	 
      	 
      
	 
      	 
      	
                W52H09-05-D-0260/VD01

              	 
      	 
      	 
      	 
      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        
          
            
              	
                      CONTINUATION
      SHEET

                    	
                      Reference
      No. of Document Being Continued

                      PIIN/SIIN     W52H09-05-D-0260/VD01     MOD/AMD

                    	
                          Page
      5 of
      5

                    
	
                      Name
      of Offeror or Contractor:   OPTEX
      SYSTEMS

                    

            

          

        

      

      

      CONTRACT
ADMINISTRATION DATA

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            	 
      	 	
                                                    PRON/

                                                  	 	 
      	 	 
      	 	 
      	 
      	 
      	 	
                                                    JOB

                                                  	 	 
      	 	 
      
	
                                                    LINE

                                                  	 	
                                                    AMS CD/

                                                  	 	 
      	 	
                                                    OBLG

                                                  	 	 
      	 
      	 
      	 	
                                                    ORDER

                                                  	 	
                                                    ACCOUNTING

                                                  	 	
                                                    OBLIGATED

                                                  
	
                                                    ITEM

                                                  	 	
                                                    MIPR

                                                  	 	
                                                    ACRN 

                                                  	 	
                                                    STAT

                                                  	 	
                                                    ACCOUNTING
      CLASSIFICATION

                                                  	 	
                                                    NUMBER

                                                  	 	
                                                    STATION

                                                  	 	
                                                    AMOUNT

                                                  
	
                                                    0001AB

                                                  	 	
                                                    M101F720M1

                                                  	 	
                                                    AA

                                                  	 	
                                                    2

                                                  	 	
                                                    97   X4930AC9G
      6D

                                                  	
                                                    26KB

                                                  	
                                                    S11116

                                                  	 	 
      	 	
                                                    W52H09

                                                  	 	
                                                    $   2,500,570.00

                                                  
	 
      	 	
                                                    060011

                                                  	 	 
      	 	 
      	 	 
      	 
      	 
      	 	 
      	 	 
      	 	 
      
	 
      	 	 
      	 	 
      	 	 
      	 	 
      	 
      	 
      	 	 
      	 	
                                                    TOTAL

                                                  	 	
                                                    $   2,500,570.00

                                                  

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  	
                                          SERVICE

                                          NAME

                                        	 	
                                          TOTAL
      BY ACRN

                                        	 	
                                          ACCOUNTING
      CLASSIFICATION

                                        	 	
                                          ACCOUNTING

                                          STATION

                                        	 
      	 	
                                          OBLIGATED

                                          AMOUNT

                                        
	
                                          Army

                                        	 	
                                          AA

                                        	 	
                                          97   X4930AC9G
      6D

                                        	
                                          26KB

                                        	
                                          S11116

                                        	 	
                                          W52H09

                                        	 
      	 	
                                          $  2,500,570.00

                                        
	 
      	 	 
      	 	 
      	 
      	 
      	 	 
      	 
      	 	 
      
	 
      	 	 
      	 	 
      	 
      	 
      	 	 
      	
                                          TOTAL

                                        	 	
                                          $  2,500,570.00

                                        

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                	
                                                        LINE

                                                      	 	  
      	 	 	 	
                                                         

                                                      	  
      	  
      
	
                                                        ITEM

                                                      	 	
                                                        ACRN

                                                      	 	EDI	 	
                                                         ACCOUNTING
      CLASSIFICATION

                                                      
	
                                                        0001AB

                                                      	 	
                                                        AA

                                                      	 	97 	 	
                                                        0X0X4930AC9G   S11116

                                                      	
                                                        06D00000600110000026KB  

                                                      	
                                                        S11116Unassociated Document

    Exhibit
10.1

     

    CHINA
YONGXIN PHARMACEUTICALS INC.

     

    2010
EQUITY INCENTIVE PLAN

     

    

     

     1.
Purpose of the Plan.

     

    This 2010
Equity Incentive Plan (the “Plan”) is intended as an incentive, to retain in the
employ of and as directors, officers, consultants, advisors and employees to
China Yongxin Pharmaceuticals Inc., a Delaware corporation (the “Company”), and
any Subsidiary of the Company, within the meaning of Section 424(f) of the
United States Internal Revenue Code of 1986, as amended (the “Code”), persons of
training, experience and ability, to attract new directors, officers,
consultants, advisors and employees whose services are considered valuable, to
encourage the sense of proprietorship and to stimulate the active interest of
such persons in the development and financial success of the Company and its
Subsidiaries.

     

    The Plan
permits the grant of Options, Restricted Stock and other stock or cash awards
(individually or collectively, “Award”) as the Committee or Board may determine.
It is further intended that certain options granted pursuant to the Plan shall
constitute incentive stock options within the meaning of Section 422 of the Code
(the “Incentive Options”) while certain other options granted pursuant to the
Plan shall be nonqualified stock options (the “Nonqualified Options”). Incentive
Options and Nonqualified Options are hereinafter referred to collectively as
“Options.” “Restricted Stock” means shares of common stock of the Company issued
pursuant to an Award of Restricted Stock under Section 6 of the Plan, or issued
pursuant to the early exercise of an Option.

     

    The
Company intends that the Plan meet the requirements of Rule 16b-3 (“Rule 16b-3”)
promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), and that transactions of the type specified in subparagraphs (c) to (f)
inclusive of Rule 16b-3 by officers and directors of the Company pursuant to the
Plan will be exempt from the operation of Section 16(b) of the Exchange Act.
Further, the Plan is intended to satisfy the performance-based compensation
exception to the limitation on the Company’s tax deductions imposed by Section
162(m) of the Code with respect to those Options for which qualification for
such exception is intended. In all cases, the terms, provisions, conditions and
limitations of the Plan shall be construed and interpreted consistent with the
Company’s intent as stated in this Section 1.

     

     2.
Administration of the Plan.

     

    The Board
of Directors of the Company (the “Board”) shall appoint and maintain as
administrator of the Plan a Committee (the “Committee”) consisting of two or
more directors who are (i) “Independent Directors” (as such term is defined
under the rules of the NASDAQ Stock Market), (ii) “Non-Employee Directors” (as
such term is defined in Rule 16b-3) and (iii) “Outside Directors” (as such term
is defined in Section 162(m) of the Code), which shall serve at the pleasure of
the Board. The Committee, subject to Sections 3, 5 and 7 hereof, shall have full
power and authority to designate recipients of Awards and to determine the terms
and conditions of the Award agreements (which need not be identical) and to
interpret the provisions and supervise the administration of the Plan. The
Committee shall have the authority, without limitation, to designate which
Options granted under the Plan shall be Incentive Options and which shall be
Nonqualified Options. To the extent any Option does not qualify as an Incentive
Option, it shall constitute a separate Nonqualified Option.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    Subject
to the provisions of the Plan, the Committee shall interpret the Plan and all
Awards granted under the Plan, shall make such rules as it deems necessary for
the proper administration of the Plan, shall make all other determinations
necessary or advisable for the administration of the Plan and shall correct any
defects or supply any omission or reconcile any inconsistency in the Plan or in
any Awards granted under the Plan in the manner and to the extent that the
Committee deems desirable to carry into effect the Plan or any Awards. The act
or determination of a majority of the Committee shall be the act or
determination of the Committee and any decision reduced to writing and signed by
all of the members of the Committee shall be fully effective as if it had been
made by a majority of the Committee at a meeting duly held for such purpose.
Subject to the provisions of the Plan, any action taken or determination made by
the Committee pursuant to this and the other Sections of the Plan shall be
conclusive on all parties.

     

    In the
event that for any reason the Committee is unable to act or if the Committee at
the time of any grant, award or other acquisition under the Plan does not
consist of two or more Non-Employee Directors, or if there shall be no such
Committee, or if the Board otherwise determines to administer the Plan, then the
Plan shall be administered by the Board, and references herein to the Committee
(except in the proviso to this sentence) shall be deemed to be references to the
Board, and any such grant, award or other acquisition may be approved or
ratified in any other manner contemplated by subparagraph (d) of Rule 16b-3;
provided, however, that grants to the Company’s Chief Executive Officer or to
any of the Company’s other four most highly compensated officers that are
intended to qualify as performance-based compensation under Section 162(m) of
the Code may only be granted by the Committee.

     

      3.
Eligibility.

     

    The
persons eligible for participation in the Plan as recipients of Options,
Restricted Stock and such other cash or stock awards as the Committee determines
may be granted  (the “Optionees” or the “Participants”) shall include
directors, officers and employees of, and consultants and advisors to, the
Company or any Subsidiary; provided that Incentive Options may only be granted
to employees of the Company and any Subsidiary. In selecting Participants, and
in determining the number of shares to be covered by each Option granted to
Participants, the Committee may consider any factors it deems relevant,
including, without limitation, the office or position held by the Participant or
the Participant’s relationship to the Company, the Participant’s degree of
responsibility for and contribution to the growth and success of the Company or
any Subsidiary, the Participant’s length of service, promotions and potential. A
Participant who has been granted an Award hereunder may be granted an additional
Award or Awards, if the Committee shall so determine.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

       

    

     4.
Stock Reserved for the Plan.

     

    Subject
to adjustment as provided in Section 8 hereof, a total of 250,000 shares of the
Company’s common stock, par value $0.001 per share (the “Stock”), shall be
subject to the Plan. The maximum number of shares of Stock that may be subject
to Awards granted under the Plan to any individual in any calendar year shall
conform to any requirements applicable to performance-based compensation under
Section 162(m) of the Code, if qualification as performance-based compensation
under Section 162(m) of the Code is intended. The shares of Stock subject to the
Plan shall consist of unissued shares, treasury shares or previously issued
shares held by any Subsidiary of the Company, and such number of shares of Stock
shall be and is hereby reserved for such purpose. Any of such shares of Stock
that may remain unissued and that are not subject to outstanding Options at the
termination of the Plan shall cease to be reserved for the purposes of the Plan,
but until termination of the Plan the Company shall at all times reserve a
sufficient number of shares of Stock to meet the requirements of the Plan.
Should any Award expire or be canceled prior to its exercise or should the
number of shares of Stock to be delivered upon the exercise of an Award be
reduced for any reason, the shares of Stock theretofore subject to such Award
may be subject to future Awards under the Plan, except where such reissuance is
inconsistent with the provisions of Section 162(m) of the Code where
qualification as performance-based compensation under Section 162(m) of the Code
is intended.

     

     5.
Terms and Conditions of Options.

     

    Options
granted under the Plan shall be subject to the following conditions and shall
contain such additional terms and conditions, not inconsistent with the terms of
the Plan, as the Committee shall deem desirable:

     

    (a)
Option Price.

     

    (i) The
purchase price of each share of Stock purchasable under an Incentive Option
shall be no less than 100% of the Fair Market Value (as defined below) of such
share of Stock on the date the Option is granted; provided, however, that with
respect to an Optionee who, at the time such Incentive Option is granted, owns
(within the meaning of Section 424(d) of the Code) more than 10% of the total
combined voting power of all classes of stock of the Company or of any
Subsidiary, the purchase price per share of Stock shall be at least 110% of the
Fair Market Value per share of Stock on the date of grant. The purchase price of
each share of Stock purchasable under a Nonqualified Option shall be no less
than 100% of the Fair Market Value of such share of Stock on the date the Option
is granted. The exercise price for each Option shall be subject to adjustment as
provided in Section 8 below.

     

    (ii)
“Fair Market Value” means the closing price on the final trading day immediately
prior to the grant of the Stock on the principal securities exchange on which
shares of Stock are listed (if the shares of Stock are so listed), or on the
NASDAQ Stock Market or OTC Bulletin Board (if the shares of Stock are regularly
quoted on the NASDAQ Stock Market or OTC Bulletin Board, as the case may be),
or, if not so listed, the mean between the closing bid and asked prices of
publicly traded shares of Stock in the over the counter market, or, if such bid
and asked prices shall not be available, as reported by any nationally
recognized quotation service selected by the Company, or as determined by the
Committee in a manner consistent with the provisions of the Code. Anything in
this Section 5(a) to the contrary notwithstanding, in no event shall the
purchase price of a share of Stock be less than the minimum price permitted
under the rules and policies of any national securities exchange on which the
shares of Stock are listed.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

       

    

    (b)
Option Term. The term of each Option shall be fixed by the Committee, but no
Option shall be exercisable more than ten years after the date such Option is
granted and in the case of an Incentive Option granted to an Optionee who, at
the time such Incentive Option is granted, owns (within the meaning of Section
424(d) of the Code) more than 10% of the total combined voting power of all
classes of stock of the Company or of any Subsidiary, no such Incentive Option
shall be exercisable more than five years after the date such Incentive Option
is granted.

     

    (c)
Exercisability. Subject to Section 5(j) hereof, Options shall vest and become
exercisable as to one-twelfth (1/12) of the total number of shares subject to
the Option every three months following the date of grant; and provided further
that no Options shall be exercisable until such time as any vesting limitation
required by Section 16 of the Exchange Act, and related rules, shall be
satisfied if such limitation shall be required for continued validity of the
exemption provided under Rule 16b-3(d)(3).

     

    (d)
Method of Exercise. Options to the extent then exercisable may be exercised in
whole or in part at any time during the option period, by giving written notice
to the Company specifying the number of shares of Stock to be purchased,
accompanied by payment in full of the purchase price, in cash, or by check or
such other instrument as may be acceptable to the Committee. As determined by
the Committee, in its sole discretion, at or after grant, payment in full or in
part may be made at the election of the Optionee (i) in the form of Stock owned
by the Optionee (based on the Fair Market Value of the Stock which is not the
subject of any pledge or security interest, (ii) in the form of shares of Stock
withheld by the Company from the shares of Stock otherwise to be received with
such withheld shares of Stock having a Fair Market Value equal to the exercise
price of the Option, or (iii) by a combination of the foregoing, such Fair
Market Value determined by applying the principles set forth in Section 5(a),
provided that the combined value of all cash and cash equivalents and the Fair
Market Value of any shares surrendered to the Company is at least equal to such
exercise price and except with respect to (ii) above, such method of payment
will not cause a disqualifying disposition of all or a portion of the Stock
received upon exercise of an Incentive Option. An Optionee shall have the right
to dividends and other rights of a stockholder with respect to shares of Stock
purchased upon exercise of an Option at such time as the Optionee (i) has given
written notice of exercise and has paid in full for such shares, and (ii) has
satisfied such conditions that may be imposed by the Company with respect to the
withholding of taxes.

     

    (e)
Non-transferability of Options. Options are not transferable and may be
exercised solely by the Optionee during his or her lifetime or after his or her
death by the person or persons entitled thereto under his or her will or the
laws of descent and distribution. The Committee, in its sole discretion, may
permit a transfer of a Nonqualified Option to (i) a trust for the benefit of the
Optionee, (ii) a member of the Optionee’s immediate family (or a trust for his
or her benefit) or (iii) pursuant to a domestic relations order. Any attempt to
transfer, assign, pledge or otherwise dispose of, or to subject to execution,
attachment or similar process, any Option contrary to the provisions hereof
shall be void and ineffective and shall give no right to the purported
transferee.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

    

    (f)
Termination by Death. Unless otherwise determined by the Committee, if any
Optionee’s employment with or service to the Company or any Subsidiary
terminates by reason of death, the Option may thereafter be exercised, to the
extent then exercisable (or on such accelerated basis as the Committee shall
determine at or after grant), by the legal representative of the estate or by
the legatee of the Optionee under the will of the Optionee, for a period of one
(1) year after the date of such death (or, if later, such time as the Option may
be exercised pursuant to Section 14(d) hereof) or until the expiration of the
stated term of such Option as provided under the Plan, whichever period is
shorter.

     

    (g)
Termination by Reason of Disability. Unless otherwise determined by the
Committee, if any Optionee’s employment with or service to the Company or any
Subsidiary terminates by reason of Disability (as defined below), then any
Option held by such Optionee may thereafter be exercised, to the extent it was
exercisable at the time of termination due to Disability (or on such accelerated
basis as the Committee shall determine at or after grant), but may not be
exercised after ninety (90) days after the date of such termination of
employment or service (or, if later, such time as the Option may be exercised
pursuant to Section 14(d) hereof) or the expiration of the stated term of such
Option, whichever period is shorter; provided, however, that, if the Optionee
dies within such ninety (90) day period, any unexercised Option held by such
Optionee shall thereafter be exercisable to the extent to which it was
exercisable at the time of death for a period of one (1) year after the date of
such death (or, if later, such time as the Option may be exercised pursuant to
Section 14(d) hereof) or for the stated term of such Option, whichever period is
shorter. “Disability” shall mean an Optionee’s total and permanent disability;
provided, that if Disability is defined in an employment agreement between the
Company and the relevant Optionee, then, with respect to such Optionee,
Disability shall have the meaning ascribed to it in such employment
agreement

     

    (h)
Termination by Reason of Retirement. Unless otherwise determined by the
Committee, if any Optionee’s employment with or service to the Company or any
Subsidiary terminates by reason of Normal or Early Retirement (as such terms are
defined below), any Option held by such Optionee may thereafter be exercised to
the extent it was exercisable at the time of such Retirement (or on such
accelerated basis as the Committee shall determine at or after grant), but may
not be exercised after ninety (90) days after the date of such termination of
employment or service (or, if later, such time as the Option may be exercised
pursuant to Section 14(d) hereof) or the expiration of the stated term of such
Option, whichever date is earlier; provided, however, that, if the Optionee dies
within such ninety (90) day period, any unexercised Option held by such Optionee
shall thereafter be exercisable, to the extent to which it was exercisable at
the time of death, for a period of one (1) year after the date of such death
(or, if later, such time as the Option may be exercised pursuant to Section
14(d) hereof) or for the stated term of such Option, whichever period is
shorter.

     

    For
purposes of this paragraph (h), “Normal Retirement” shall mean retirement from
active employment with the Company or any Subsidiary on or after the normal
retirement date specified in the applicable Company or Subsidiary pension plan
or if no such pension plan, age 65, and “Early Retirement” shall mean retirement
from active employment with the Company or any Subsidiary pursuant to the early
retirement provisions of the applicable Company or Subsidiary pension plan or if
no such pension plan, age 55.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

       

    

    (i) Other
Terminations. Unless otherwise determined by the Committee upon grant, if any
Optionee’s employment with or service to the Company or any Subsidiary is
terminated by such Optionee for any reason other than death, Disability, Normal
or Early Retirement or Good Reason (as defined below), the Option shall
thereupon terminate, except that the portion of any Option that was exercisable
on the date of such termination of employment or service may be exercised for
the lesser of ninety (90) days after the date of termination (or, if later, such
time as the Option may be exercised pursuant to Section 14(d) hereof) or the
balance of such Option’s term, which ever period is shorter. The transfer of an
Optionee from the employ of or service to the Company to the employ of or
service to a Subsidiary, or vice versa, or from one Subsidiary to another, shall
not be deemed to constitute a termination of employment or service for purposes
of the Plan.

     

    (i) In
the event that the Optionee’s employment or service with the Company or any
Subsidiary is terminated by the Company or such Subsidiary for “cause” any
unexercised portion of any Option shall immediately terminate in its entirety.
For purposes hereof, unless otherwise defined in an employment agreement between
the Company and the relevant Optionee, “Cause” shall exist upon a good-faith
determination by the Board, following a hearing before the Board at which an
Optionee was represented by counsel and given an opportunity to be heard, that
such Optionee has been accused of fraud, dishonesty or act detrimental to the
interests of the Company or any Subsidiary of Company or that such Optionee has
been accused of or convicted of an act of willful and material embezzlement or
fraud against the Company or of a felony under any state or federal statute;
provided, however, that it is specifically understood that “Cause” shall not
include any act of commission or omission in the good-faith exercise of such
Optionee’s business judgment as a director, officer or employee of the Company,
as the case may be, or upon the advice of counsel to the Company.
Notwithstanding the foregoing, if Cause is defined in an employment agreement
between the Company and the relevant Optionee, then, with respect to such
Optionee, Cause shall have the meaning ascribed to it in such employment
agreement.

     

    (ii) In
the event that an Optionee is removed as a director, officer or employee by the
Company at any time other than for “Cause” or resigns as a director, officer or
employee for “Good Reason” the Option granted to such Optionee may be exercised
by the Optionee, to the extent the Option was exercisable on the date such
Optionee ceases to be a director, officer or employee. Such Option may be
exercised at any time within one (1) year after the date the Optionee ceases to
be a director, officer or employee (or, if later, such time as the Option may be
exercised pursuant to Section 14(d) hereof), or the date on which the Option
otherwise expires by its terms; which ever period is shorter, at which time the
Option shall terminate; provided, however, if the Optionee dies before the
Options terminate and are no longer exercisable, the terms and provisions of
Section 5(f) shall control. For purposes of this Section 5(i), and unless
otherwise defined in an employment agreement between the Company and the
relevant Optionee, Good Reason shall exist upon the occurrence of the
following:

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

       

    

      (A)
the assignment to Optionee of any duties inconsistent with the position in the
Company that Optionee held immediately prior to the assignment;

     

      (B)
a Change of Control resulting in a significant adverse alteration in the status
or conditions of Optionee’s participation with the Company or other nature of
Optionee’s responsibilities from those in effect prior to such Change of
Control, including any significant alteration in Optionee’s responsibilities
immediately prior to such Change in Control; and

     

      (C)
the failure by the Company to continue to provide Optionee with benefits
substantially similar to those enjoyed by Optionee prior to such
failure.

     

    Notwithstanding
the foregoing, if Good Reason is defined in an employment agreement between the
Company and the relevant Optionee, then, with respect to such Optionee, Good
Reason shall have the meaning ascribed to it in such employment
agreement.

     

    (j) Limit
on Value of Incentive Option. The aggregate Fair Market Value, determined as of
the date the Incentive Option is granted, of Stock for which Incentive Options
are exercisable for the first time by any Optionee during any calendar year
under the Plan (and/or any other stock option plans of the Company or any
Subsidiary) shall not exceed $100,000.

     

    6.
Restricted Stock.

     

    (a) Grant
of Restricted Stock.  Subject to the terms and provisions of the Plan,
the Committee, at any time and from time to time, may grant Restricted Stock to
Participants in such amounts as the Committee, in its sole discretion, will
determine.

     

    (b)
Restricted Stock Agreement.  Each Award of Restricted Stock will be
evidenced by an Award Agreement that will specify the period during which the
transfer of Restricted Stock is subject to restrictions, and therefore, subject
to a substantial risk of forfeiture (“Period of Restriction), the amount of
Stock granted, and such other terms and conditions as the Committee, in its sole
discretion, will determine.  Unless the Committee determines
otherwise, Restricted Stock will be held by the Company as escrow agent until
the restrictions on such Restricted Stock have lapsed.

     

    (c)
Transferability.  Except as provided in this Section 8, Restricted
Stock may not be sold, transferred, pledged, assigned, or otherwise alienated or
hypothecated until the end of the applicable Period of Restriction.

     

    (d) Other
Restrictions.  The Committee, in its sole discretion, may impose such
other restrictions on the Restricted Stock as it may deem advisable or
appropriate.

     

    (e)
Removal of Restrictions.  Except as otherwise provided in this Section
8, Restricted Stock covered by each Restricted Stock grant made under the Plan
will be released from escrow as soon as practicable after the last day of the
Period of Restriction.  The Committee, in its discretion, may
accelerate the time at which any restrictions will lapse or be
removed.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

       

    

    (f)
Voting Rights.  During the Period of Restriction, Participants holding
Restricted Stock granted hereunder may exercise full voting rights with respect
to such Restricted Stock, unless the Committee determines
otherwise.

     

    (g)
Dividends and Other Distributions.  During the Period of Restriction,
Participants holding Restricted Stock will be entitled to receive all dividends
and other distributions paid with respect to such Restricted Stock unless
otherwise provided in the Award Agreement.  If any such dividends or
distributions are paid in Stock, the Stock will be subject to the same
restrictions on transferability and forfeitability as the Restricted Stock with
respect to which they were paid.

     

    (h)
Return of Restricted Stock to Company.  On the date set forth in the
Award Agreement, the Restricted Stock for which restrictions have not lapsed
will revert to the Company and again will become available for grant under the
Plan.

     

    7. Term
of Plan.

     

    No Award
shall be granted pursuant to the Plan on or after the date which is ten years
from the effective date of the Plan, but Awards theretofore granted may extend
beyond that date.

     

     8.
Capital Change of the Company.

     

    (a)
Adjustment. In the event of any merger, reorganization, consolidation,
recapitalization, stock dividend, or other change in corporate structure
affecting the Stock, the Committee, in order to prevent diminution or
enlargement  of the benefits or potential benefits intended to be made
available under the Plan, shall make an appropriate and equitable adjustment in
the number and kind of shares reserved for issuance under the Plan and in the
number and price of shares subject to outstanding Awards granted under the Plan,
to the end that after such event each Participant’s proportionate interest shall
be maintained (to the extent possible) as immediately before the occurrence of
such event. The Committee shall, to the extent feasible, make such other
adjustments as may be required under the tax laws so that any Incentive Options
previously granted shall not be deemed modified within the meaning of Section
424(h) of the Code.

     

    The
adjustments described above will be made only to the extent consistent with
continued qualification of the Option under Section 422 of the Code (in the case
of an Incentive Option) and Section 409A of the Code.

     

    (b)Change
in Control. In the event of a Change in Control, each outstanding Award will be
assumed or an equivalent option or right substituted by the successor
corporation or a parent or subsidiary of the successor corporation (the
“Successor Corporation”).  In the event that the Successor Corporation
refuses to assume or substitute for the Award, the Participant will fully vest
in and have the right to exercise all of his or her outstanding Options,
including Stock as to which such Awards would not otherwise be vested or
exercisable, and all restrictions on Restricted Stock will lapse.  In
addition, if the Successor Corporation refuses to assume or substitute an Option
in the event of a Change in Control, the Committee will notify the Participant
in writing or electronically that the Option will be fully vested and
exercisable for the term of the Option, and the Option will terminate upon the
expiration of such period. For the purposes of this subsection (b), an Award
will be considered assumed if, following the Change in Control, the Award
confers the right to purchase or receive, for each Stock subject to the Award
immediately prior to the Change in Control, the consideration (whether stock,
cash, or other securities or property); provided, however, that if such
consideration received in the Change in Control is not solely common stock of
the Successor Corporation, the Committee may, with the consent of the Successor
Corporation, provide for the consideration to be received upon the exercise of
an Option (or in the case of an Award settled in cash, the number of implied
shares determined by dividing the value of the Award by the per share
consideration received by holders of Common Stock in the Change in Control), to
be solely common stock of the Successor Corporation equal in fair market value
to the per share consideration received by holders of Common Stock in the Change
in Control.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

       

    

    For
purposes of the Plan, unless otherwise defined in an employment agreement
between the Company and the relevant Participant, a Change in Control shall be
deemed to have occurred if:

     

    (i) a
tender offer (or series of related offers) shall be made and consummated for the
ownership of 50% or more of the outstanding voting securities of the Company,
unless as a result of such tender offer more than 50% of the outstanding voting
securities of the surviving or resulting corporation shall be owned in the
aggregate by the stockholders of the Company (as of the time immediately prior
to the commencement of such offer), any employee benefit plan of the Company or
its Subsidiaries, and their affiliates;

     

    (ii) the
Company shall be merged or consolidated with another corporation, unless as a
result of such merger or consolidation more than 50% of the outstanding voting
securities of the surviving or resulting corporation shall be owned in the
aggregate by the stockholders of the Company (as of the time immediately prior
to such transaction), any employee benefit plan of the Company or its
Subsidiaries, and their affiliates;

     

    (iii) the
Company shall sell substantially all of its assets to another corporation that
is not wholly owned by the Company, unless as a result of such sale more than
50% of such assets shall be owned in the aggregate by the stockholders of the
Company (as of the time immediately prior to such transaction), any employee
benefit plan of the Company or its Subsidiaries and their affiliates;
or

     

    (iv) a
Person (as defined below) shall acquire 50% or more of the outstanding voting
securities of the Company (whether directly, indirectly, beneficially or of
record), unless as a result of such acquisition more than 50% of the outstanding
voting securities of the surviving or resulting corporation shall be owned in
the aggregate by the stockholders of the Company (as of the time immediately
prior to the first acquisition of such securities by such Person), any employee
benefit plan of the Company or its Subsidiaries, and their
affiliates.

     

    Notwithstanding
the foregoing, if Change in Control is defined in an employment agreement
between the Company and the relevant Participant, then, with respect to such
Participant, Change in Control shall have the meaning ascribed to it in such
employment agreement.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

       

    

    For
purposes of this Section 8(b), ownership of voting securities shall take into
account and shall include ownership as determined by applying the provisions of
Rule 13d-3(d)(I)(i) (as in effect on the date hereof) under the Exchange Act. In
addition, for such purposes, “Person” shall have the meaning given in Section
3(a)(9) of the Exchange Act, as modified and used in Sections 13(d) and 14(d)
thereof; provided, however, that a Person shall not include (A) the Company or
any of its Subsidiaries; (B) a trustee or other fiduciary holding securities
under an employee benefit plan of the Company or any of its Subsidiaries; (C) an
underwriter temporarily holding securities pursuant to an offering of such
securities; or (D) a corporation owned, directly or indirectly, by the
stockholders of the Company in substantially the same proportion as their
ownership of stock of the Company.

     

    9.
Purchase for Investment/Conditions.

     

    Unless
the Awards and shares covered by the Plan have been registered under the
Securities Act of 1933, as amended (the “Securities Act”), or the Company has
determined that such registration is unnecessary, each person exercising or
receiving Awards under the Plan may be required by the Company to give a
representation in writing that he is acquiring the securities for his or her own
account for investment and not with a view to, or for sale in connection with,
the distribution of any part thereof. The Committee may impose any additional or
further restrictions on Awards as shall be determined by the Committee at the
time of award.

     

     10.
Taxes.

     

    (a) The
Company may make such provisions as it may deem appropriate, consistent with
applicable law, in connection with any Awards granted under the Plan with
respect to the withholding of any taxes (including income or employment taxes)
or any other tax matters.

     

    (b) If
any Grantee shall make any disposition of shares of Stock issued pursuant to the
exercise of an Incentive Option under the circumstances described in Section
421(b) of the Code (relating to certain disqualifying dispositions), such
Grantee shall notify the Company of such disposition within ten (10) days
hereof.

     

     11.
Effective Date of Plan.

     

    The Plan
shall be effective on June 28, 2010; provided, however, that if, and only if,
certain options are intended to qualify as Incentive Stock Options, the Plan
must subsequently be approved by majority vote of the Company’s stockholders no
later than June 28, 2011, and further, that in the event certain Award grants
hereunder are intended to qualify as performance-based compensation within the
meaning of Section 162(m) of the Code, the requirements as to stockholder
approval set forth in Section 162(m) of the Code are satisfied.

     

     12.
Amendment and Termination.

     

    The Board
may amend, suspend, or terminate the Plan, except that no amendment shall be
made that would impair the rights of any Participant under any Award theretofore
granted without the Participant’s consent, and except that no amendment shall be
made which, without the approval of the stockholders of the Company
would:

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

       

    

    (a)
materially increase the number of shares that may be issued under the Plan,
except as is provided in Section 8;

     

    (b)
materially increase the benefits accruing to the Participants under the
Plan;

     

    (c)
materially modify the requirements as to eligibility for participation in the
Plan;

     

    (d)
decrease the exercise price of an Incentive Option to less than 100% of the Fair
Market Value per share of Stock on the date of grant thereof or the exercise
price of a Nonqualified Option to less than 100% of the Fair Market Value per
share of Stock on the date of grant thereof; or

     

    (e)
extend the term of any Option beyond that provided for in Section
5(b).

     

    (f)
except as otherwise provided in Section 8 hereof, reduce the exercise price of
outstanding Options or effect repricing through cancellations and re-grants of
new Options.

     

    Subject
to the forgoing, the Committee may amend the terms of any Option theretofore
granted, prospectively or retrospectively, but no such amendment shall impair
the rights of any Optionee without the Optionee’s consent. Notwithstanding the
previous sentence, the Committee may not modify or amend an Option to reduce the
exercise price of such Option after it has been granted (except for adjustments
made pursuant to section 8), and neither may the Committee cancel any
outstanding Option and immediately replace it with a new Option with a lower
exercise price.

     

    It is the
intention of the Board that the Plan comply strictly with the provisions of
Section 409A of the Code and Treasury Regulations and other Internal Revenue
Service guidance promulgated thereunder (the “Section 409A Rules”) and the
Committee shall exercise its discretion in granting awards hereunder (and the
terms of such awards), accordingly. The Plan and any grant of an award hereunder
may be amended from time to time (without, in the case of an award, the consent
of the Participant) as may be necessary or appropriate to comply with the
Section 409A Rules.

     

     13.
Government Regulations.

     

    The Plan,
and the grant of Awards and exercise of Options hereunder, and the obligation of
the Company to sell and deliver shares under such Awards shall be subject to all
applicable laws, rules and regulations, and to such approvals by any
governmental agencies, national securities exchanges and interdealer quotation
systems as may be required.

     

     14.
General Provisions.

     

    (a)
Certificates. All certificates for shares of Stock delivered under the Plan
shall be subject to such stop transfer orders and other restrictions as the
Committee may deem advisable under the rules, regulations and other requirements
of the Securities and Exchange Commission, or other securities commission having
jurisdiction, any applicable Federal or state securities law, any stock exchange
or interdealer quotation system upon which the Stock is then listed or traded
and the Committee may cause a legend or legends to be placed on any such
certificates to make appropriate reference to such restrictions.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

       

    

    (b)
Employment Matters. Neither the adoption of the Plan nor any grant or award
under the Plan shall confer upon any Participant who is an employee of the
Company or any Subsidiary any right to continued employment or, in the case of a
Participant who is a director, continued service as a director, with the Company
or a Subsidiary, as the case may be, nor shall it interfere in any way with the
right of the Company or any Subsidiary to terminate the employment of any of its
employees, the service of any of its directors or the retention of any of its
consultants or advisors at any time.

     

    (c)
Limitation of Liability. No member of the Committee, or any officer or employee
of the Company acting on behalf of the Committee, shall be personally liable for
any action, determination or interpretation taken or made in good faith with
respect to the Plan, and all members of the Committee and each and any officer
or employee of the Company acting on their behalf shall, to the extent permitted
by law, be fully indemnified and protected by the Company in respect of any such
action, determination or interpretation.

     

    (d)
Registration of Stock. Notwithstanding any other provision in the Plan, no
Option may be exercised unless and until the Stock to be issued upon the
exercise thereof has been registered under the Securities Act and applicable
state securities laws, or are, in the opinion of counsel to the Company, exempt
from such registration in the United States. The Company shall not be under any
obligation to register under applicable federal or state securities laws any
Stock to be issued upon the exercise of an Option granted hereunder in order to
permit the exercise of an Option and the issuance and sale of the Stock subject
to such Option, although the Company may in its sole discretion register such
Stock at such time as the Company shall determine. If the Company chooses to
comply with such an exemption from registration, the Stock issued under the Plan
may, at the direction of the Committee, bear an appropriate restrictive legend
restricting the transfer or pledge of the Stock represented thereby, and the
Committee may also give appropriate stop transfer instructions with respect to
such Stock to the Company’s transfer agent.

     

     15.
Non-Uniform Determinations.

     

    The
Committee’s determinations under the Plan, including, without limitation, (i)
the determination of the Participants to receive awards, (ii) the form, amount
and timing of such awards, (iii) the terms and provisions of such awards and
(ii) the agreements evidencing the same, need not be uniform and may be made by
it selectively among Participants who receive, or who are eligible to receive,
awards under the Plan, whether or not such Participants are similarly
situated.

     

     16.
Governing Law.

     

    The
validity, construction, and effect of the Plan and any rules and regulations
relating to the Plan shall be determined in accordance with the internal laws of
the State of Delaware, without giving effect to principles of conflicts of laws,
and applicable federal law.

     

    
      
        
        

      

      
        12

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