Document:

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                                                                   EXHIBIT 10.24

                        TERMINATION AGREEMENT AND RELEASE

         This Termination Agreement and Release (this "Agreement") is made and
entered into as of the date set forth on the signature page, but is effective as
of March 26, 2001, by and between CrossPoint Foods Corporation, f/k/a Glacier
Corporation, a Delaware corporation (the "Company"), Glacier Distribution
Company, a Colorado corporation ("Glacier Distribution") and all subsidiaries of
the Company and Glacier Distribution (collectively, Glacier Distribution and all
subsidiaries of the Company and Glacier Distribution are referred to herein as
the "Subsidiaries") and Joseph A. Oblas ("Oblas").

         1. Cessation of Employment. Oblas and the Company agree that, effective
as of March 26, 2001, the Company's (and any of its Subsidiaries') employment of
Oblas is ceased and Oblas resigns from any and all positions as an officer of
the Company and any of its Subsidiaries. Furthermore, Oblas confirms that he has
resigned as a member of the Board of Directors of the Company and the Board of
Directors of all of the Subsidiaries effective March 26, 2001.

         2. Full Payment. Oblas acknowledges and agrees that on or before the
date of his execution hereof, the Company provided Oblas a final paycheck for
any and all wages, salary, bonuses of any type orvariety , reimbursable
expenses, accrued vacation and sick pay and any other similar payments due to
Oblas from the Company and its Subsidiaries as of the date of this Agreement. By
signing below, Oblas acknowledges that neither the Company nor the Subsidiaries
owes Oblas any other amounts except as provided in Section 3 below.

         3. Severance Package. As a full and complete severance package (the
"Severance Package") and in order to induce Oblas to enter into the Release (as
defined below):

            a.   The Company shall pay to Oblas twelve (12) severance payments
         of $11,250 per month payable on or before the 15th of each month
         commencing April 15, 2001 and running through March 15, 2002
         (inclusive); and;

            b.   Oblas and his family shall continue to be covered under the
         Company's medical insurance up to July 1, 2001. The Company has given
         Oblas written notice of his rights to continuation of insurance
         coverage after July 1, 2001 under the provisions of the Consolidated
         Omnibus Budget Reconciliation Act of 1986 ("COBRA"). Oblas shall be
         responsible for the full cost of continued coverage after July 1, 2001
         in accordance with the provisions of COBRA.

         4. Options/Warrants Extinguished. Oblas acknowledges and agrees that
any and all options or warrants to purchase the Company's or its Subsidiaries'
securities issued by the Company or its Subsidiaries to Oblas at any time during
his employment are extinguished and shall be null and void from and after the
date hereof.

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         5. Donation to Capital.

            a.   Oblas agrees that on the execution of this Agreement he shall
         convey, transfer and assign to the Company 800,000 shares of the
         Company's common stock, determined on a pre-split basis as if such
         donation to capital had occurred on March 26, 2001. Such conveyance
         shall be a donation to the capital of the Company at no cost to the
         Company and shall be made by Oblas in partial consideration of the
         Company making payments pursuant to the Severance Package and entering
         into this Agreement.

            b.   Oblas further agrees that if, as a result of a requirement of
         any regulatory agency or self-regulatory organization, the number of
         shares of the Company's common stock beneficially owned by Oblas must
         be reduced below 5% of the Company's outstanding common stock, Oblas
         agrees to sell to the Company at a price of $1.00 per post-split share
         that number of shares of the Company's common stock owned by Oblas that
         will reduce Oblas' holdings of the Company's common stock to a level
         (but not less than 4.99%) required by such regulatory agency or
         self-regulatory organization. The Company agrees to provide Oblas
         and/or his counsel with copies of any correspondence from any
         regulatory agencies or self-regulatory organizations requesting that
         Oblas' holdings of the Company's common stock be reduced.

                  Subject to the provisions of Paragraph 5(d) below, Oblas
         agrees that all the shares of Common Stock owned by him, after taking
         into account the donation to capital described in Paragraph 5(a) above
         and any reduction necessitated pursuant to Paragraph 5(b) above, shall
         be placed in an escrow account with Wells Fargo Bank West, National
         Association, and shall be held in such escrow account pursuant to the
         terms of an escrow agreement among the Company, Oblas and the Escrow
         Agent, a copy of which is attached hereto as Exhibit A. The terms and
         provisions of the Escrow Agreement are incorporated herein by
         reference.

            d.    Upon the execution of this Agreement, Oblas shall also
         execute and deliver to the Company the lock-up agreement attached
         hereto as Exhibit B, the terms and provisions of which are incorporated
         herein by reference. Oblas hereby authorizes the Company to instruct
         the Company's transfer agent on his behalf to place a restrictive
         legend on all of the certificates representing common stock of the
         Company beneficially owned by Oblas that describes the lock-up
         agreement entered into with the Company's underwriter and the Company.

         6. Release of Lien. The Company agrees that at such time as it
completes its proposed initial public offering or a private financing with gross
proceeds of at least $7 million, the Company shall repay the bridge loan from
Regatta Capital as soon as practicable after such offering and take such steps
as may be reasonably necessary to obtain a release of the lien on Oblas'
residence securing the Regatta Capital loan.

         7. No Dissenters' Rights. Oblas acknowledges and agrees that in the
event he is legally entitled to exercise dissenters' or appraisal rights under
applicable law in connection with the Company undertaking a reverse stock split
and/or reincorporating in the State of Delaware, Oblas will not, and hereby
waives the right to, exercise such dissenters' appraisal or other rights
substantially equivalent thereto.

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         8. Release of Claims.

            a.    Oblas, on his own behalf and on behalf of any present and
         future spouse, heirs, estate, successors and assigns, hereby
         irrevocably, fully, finally and forever releases and discharges the
         Company and any parent, Subsidiary, affiliated or related companies and
         their respective officers, directors, employees, agents, attorneys,
         insurers and representatives (the "Released Parties") from and against
         any and all claims, demands, obligations, responsibilities and causes
         of actions of any kind or nature whatsoever, whether statutory, tort,
         contract or any other theory of recovery, in law or equity, and whether
         now known or unknown, which Oblas now has, ever had or in the future
         may have accruing on or at any time prior to the date hereof, based on
         or in any way relating to Oblas' employment with the Company or the
         termination of that employment (the "Release").

            b.    Specifically, the Release includes, but is not limited to, any
         and all claims of Oblas:

                  i.       arising under any contact, expressed or implied,
            written or oral;

                  ii.      for wrongful dismissal or termination of employment;

                  iii.     relating to back wages, salary, overtime, bonuses,
            commission, reinstatement, insurance coverage, benefits, premiums,
            medical expenses, business expenses, or other employee compensation
            or benefits;

                  iv.      arising under any applicable federal, state, local or
            foreign statute, law, order, ordinance, regulation or the like, or
            case law, that relate to employment or employment practices,
            including those that prohibit discrimination based upon age, race,
            color, religion, sex, national origin, handicap, disability or any
            other protected characteristic or unlawful basis, including, but not
            limited to, any claim under the Age Discrimination in Employment Act
            of 1967 (as amended by the Older Worker's Benefit Protection Act of
            1990), the Civil Rights Act of 1964, the Civil Rights Act of 1991,
            the Equal Pay Act of 1963, the Fair Labor Standards Act, the
            National Labor Relations Act, the Post-Civil War Reconstruction
            Acts, Section 1981 of the Civil Rights Acts of 1866 and 1871, the
            Vietnam Era Veterans Readjustment Assistance Act, the Family Medical
            Leave Act of 1993, Employee Retirement Income Security Act of 1990,
            the Americans with Disabilities Act of 1992 (each of such Acts, as
            amended), and any similar statutes, laws, orders, ordinances,
            regulations or the like, or case law, of the State of Colorado, or
            any political subdivision thereof, including, but not limited to the
            Colorado Anti-Discrimination Act of 1957, as amended, C.R.S.
            Sections 24-34-301 et seq.;

                  v.       arising under or based upon any other federal, state,
            local or foreign statute, law, order, rule, regulation, ordinance on
            the like, or case law;

                  vi.      relating to wrongful or retaliatory discharge,
            breach of contract, harassment, tortuous or harassing conduct,
            breach of public policy, infliction of emotional or mental injury or
            distress, physical or mental injury, pain and suffering,

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            negligent and intentional torts fraud, misrepresentation,
            defamation, libel, slander, interference with contract, breach of
            fiduciary duty or any other theory of recovery by Oblas as an
            employee or concerning compensation, wages, hours or terms or
            conditions; and

                  vii.     any and all claims for damages, including without
            limitation, exemplary, punitive or compensatory damages, or for
            attorney's fees, expenses, costs, wages, and injunctive or equitable
            relief.

            c. This Release shall not apply to and shall not release or waive
         any rights or claims that Oblas (or the Company) may have relating to
         the following: (i) this Agreement; (ii) any confidentiality,
         non-competition or proprietary rights agreement or the like between
         Oblas and the Company; (iii) any claims for accrued or vested benefits
         under the provisions of any pension or employee welfare plan maintained
         by the Company; (iv) any rights that Oblas may have as a stockholder of
         the Company, subject to the proviso that any such rights shall be
         limited to those which Oblas has relating to the Common Stock owned by
         him after giving effect to all the terms and conditions of this
         Agreement, or (v) indemnification (whether pursuant to applicable
         provisions in the Articles of Incorporation or Bylaws of the Company,
         or otherwise) in any actions in which Oblas is made a party or held
         liable as a result of services he performed for the Company that was
         within the scope of his duties and responsibilities and covered by such
         indemnification requirements; and

            d. Oblas understands that this Release covers claims which Oblas
         knows about and those Oblas may not know about. Oblas expressly waives
         all rights under applicable law to such unknown claims even if, had
         such claims been known to Oblas at the time of this Agreement, would
         have materially affected the terms of this settlement and release with
         the Company.

         9. Covenant Not to Sue. Oblas represents, warrants and covenants to the
Company that Oblas has not and will not, directly or indirectly, file or
commence any complaint, claim, action, suit, proceeding or arbitration of any
kind against any Released Party except as to the express exclusions described in
Section 8(c) above with any federal, state, local or foreign, court, arbitrator
or administrative, regulatory governmental agency, body or authority, and that
he has not assigned or otherwise transferred, and will not assign or otherwise
transfer, by way of subrogation or otherwise, any right to any other person to
assert any claims of any kind against the Company or any other Released Party.

         10. Non-Admission. This Agreement and/or any payments made hereunder
are not intended to be, shall not be construed as, and are not an admission or
confession by any Released Party or Oblas of any wrongdoing or illegal or
actionable acts or omissions. This Agreement shall not be admissible evidence in
any judicial, administrative or any other legal proceeding, except solely in
connection with construction of the terms of the Agreement and its enforcement.
Oblas hereby represents and agrees that he shall not directly or indirectly
make, and shall not authorize any person to make (i) any written or oral
statements, suggestions, or representation of any Released Party has made or
implied any such admission or confession; or (ii) any written or oral negative,
disparaging or adverse statements, suggestions and representation of or
concerning any Released Party.

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         11. Confidential Information.

             a. Oblas hereby acknowledges that during his employment he had
         access to trade secrets and proprietary, private and/or otherwise
         confidential information concerning or relating to the Company and its
         Subsidiaries, including its assets, properties, business, affairs,
         condition (financial or otherwise), operations, prospects, projections,
         market studies, marketing materials, intellectual property, customers,
         suppliers, lenders, proposals, strategic partners, employees,
         consultants, representation, business plans, strategies, methods,
         processes and the like ("Confidential Information").

             b. Oblas hereby represents, warrants and agrees that he (i)
         has returned to the Company and its Subsidiaries all corporate property
         and equipment, and has returned to the Company, and has not retained
         any copies of, all documents, records or materials of any kind, whether
         written or electronically created or stored, in his possession which
         contain, relate to or refer to any Confidential Information; and (ii)
         Oblas shall keep strictly confidential and shall not directly or
         indirectly disclose, communicate or otherwise reveal any Confidential
         Information in any manner to any person except as required by law.

             c. In the event that Oblas receives a subpoena or any other
         written or oral request by any court or governmental authority
         requesting the disclosure of any Confidential Information, or any other
         information concerning the Company or any Released Party, Oblas shall,
         within five (5) business days from his actual notice of the service of
         such subpoena or other request, notify the Company in writing, and
         provide a copy to the Company of such subpoena or other request if in
         writing, and/or disclose the nature of the request for information if
         oral.

         12. Reasonable Cooperation. Oblas will comply with all reasonable
requests from the Company and/or its Subsidiaries for assistance and/or
information in connection with any matters and/or issues relating to or
encompassed within the duties and responsibilities of Oblas' employment with the
Company including, without limitation, consulting with the Company's employees
and attorneys with respect to, and/or appearing as a witness in, any dispute,
controversy, action or proceeding involving the Company. The Company agrees to
promptly reimburse Oblas for all expenses incurred in connection with compliance
with his obligations under this paragraph except attorney's fees incurred by
Oblas (unless such attorney's fees are subject to indemnification by the
Company).

         13. The Company acknowledges and agrees that this Agreement shall
constitute a waiver and relinquishment of any right, power or claim of any kind
or nature that the Company has against Oblas; provided, however, that if the
Company receives or is the subject of any third party claim by any stockholder,
customer, supplier, governmental agency, self regulatory organization or other
non-officer or non-director of the Company, the Company shall have the right to
seek recovery against Oblas for any claims, damages, fines, expenses, penalties,
assessments, or similar charges that arise out of or are related to any activity
of Oblas during the course and scope of his employment.

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         14. Voluntary Counsel and Act. Oblas acknowledges and agrees that he
has had an adequate opportunity and reasonable time to review this Agreement and
its terms. Oblas understands all of the terms of this Agreement, and agrees that
such terms are fair, reasonable and not the result of any fraud, duress,
coercion, pressure or undue influence exercised by or on behalf of any Released
Parties. Oblas has agreed to enter into this Agreement and all the terms hereof
knowingly, freely and voluntarily. Oblas has been encouraged to and has been
represented and advised by independent counsel representing his independent
interests. Oblas understands and acknowledges that he has not been represented
by counsel to the Company and that such counsel cannot advise him with respect
to any matter addressed herein.

         15. Consideration and Revocation Periods. By executing this Release,
Oblas acknowledges: (i) Oblas was offered a minimum of 21 days to review this
Release and to consider whether to sign this Release and has waived such period;
(ii) Oblas has been advised that he has seven (7) days following execution of
this Agreement to revoke this Agreement (the "Revocation Period") and which
revocation must be in writing and delivered to the Company at its principal
executive offices (attention: the President) either in person or by mail within
such 7 day period. Notwithstanding anything to the contrary contained herein,
this Agreement shall not be effective or enforceable, and the Severance Package
shall not be payable and shall not be delivered or paid by the Company, until
the Revocation Period has expired without Oblas revoking this Agreement.

         16. General Provisions.

             a. Governing Law and Consent to Jurisdiction. This Agreement
         shall be governed by, and construed and interpreted in accordance with,
         the laws of the State of Colorado. Any action or proceeding in
         connection with this Agreement may be brought in any state or federal
         court in the State of Colorado. Oblas hereby irrevocably submits to the
         non-exclusive jurisdiction of such courts and waives any objections he
         may now or hereafter have as to the venue of any such action or
         proceeding brought in any such court, or that any such court is an
         inconvenient forum.

             b. Severability. In the event that any provision of this Agreement
         is adjudicated to be illegal, invalid or unenforceable, such provision
         shall be construed so as to give it the maximum effect permitted under
         applicable law, or, in the event such provision would otherwise render
         this Agreement illegal, invalid or unenforceable, such provision shall
         be considered stricken from this Agreement as if it had never been
         included herein and the remainder of this Agreement shall remain in
         full force and effect.

             c. Entire Agreement; Amendment. This Agreement constitutes the
         entire Agreement and understanding among the parties hereto with
         respect to the subject matter hereof, and supersedes all prior and
         contemporaneous negotiations, discussions, understandings,
         arrangements, representations, warranties, agreements and
         understandings whether written or oral. This Agreement may not be
         amended or modified except in a writing signed by all parties hereto.

             d. Successors and Assigns. This Agreement shall be binding
         upon each party hereto and, as applicable, his or its respective
         spouse, heirs, executors, administrators, representatives, successors
         and permitted assigns. No party hereto shall have the right to

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         assign this Agreement or any of his or its obligations or rights
         hereunder without the prior written consent of all other parties
         hereto.

             e. Counterpart. This Agreement may be executed in one or more
         counterparts, including counterparts executed by less than all parties
         hereto, each of which shall be deemed to be original, but all of which
         shall together constitute one in the same instruments.

             f. Pronouns. The number and gender of each pronoun used in this
         Agreement and the term "person" or "persons" or the like shall be
         construed to mean both the number and gender of the individual,
         corporation, limited liability, partnership, firm, trust, agency,
         government authority and other entity as the context, circumstance or
         its antecedent may require.

             g. Headings. The headings used in this Agreement are solely for
         convenience of reference and shall be given no effect in the
         construction or in the interpretation of this Agreement.

             h. Specific Performance. The parties hereto acknowledge and agree
         that the transactions contemplated by this agreement are unique in that
         remedies of law for any breach or threatened breach of this Agreement
         would be an inadequate remedy for any loss, and that any defense in any
         action for specific performance that a remedy at law would be adequate
         is hereby specifically waived. Accordingly, in the event of any actual
         or threatened breach of any of the terms of this Agreement, the
         non-breaching party shall have the right of specific performance and
         injunctive relief given affect to its right under this Agreement, in
         addition to any and all of the rights and remedies, at law or in
         equity, and also its rights and remedies are cumulative.

             i. Dispute. In the event of any dispute to enforce this Agreement,
         the prevailing party will be entitled to receive from the
         non-prevailing party its reasonable costs (including, without
         limitation, attorneys' fees, costs, expert costs, etc.) in connection
         with such dispute.

             j. Oblas acknowledges that the Company will be filing a copy of
         this Agreement with the United States Securities and Exchange
         Commission as an exhibit to its registration statement on Form S-1, as
         amended.

         THIS TERMINATION AGREEMENT AND RELEASE IS A LEALLY BINDING DOCUMENT
WITH IMPORTANT LEGAL CONSEQUENCES, INCLUDING A RELEASE OF ALL CLAIMS, KNOWING
AND UNKNOWING. YOU ARE ENTITLED TO A PERIOD OF AT LEAST TWENTY-ONE CALENDAR DAYS
IN WHICH TO REVIEW AND CONSIDER THIS DOCUMENT BEFORE SIGNING IT. YOU ALSO HAVE
THE RIGHT TO REVOKE THIS AGREEMENT WITHIN SEVEN (7) CALENDAR DAYS AFTER SIGNING
IT, BY DELIVERING A WRITTEN NOTICE OF REVOCATION TO CROSSPOINT FOODS CORPORATION
AT ITS OFFICES LOCATED AT 1050 SEVENTEENTH STREET, SUITE 195, DENVER, COLORADO
80265, ATTENTION: PRESIDENT, WITHIN SUCH SEVEN (7) DAY PERIOD. YOU ARE STRONGLY
ENCOURAGED TO CONSULT WITH YOUR OWN ATTORNEY BEFORE SIGNING THIS DOCUMENT. BY
SIGNING BELOW, YOU ACKNOWLEDGE THAT YOU HAVE READ, FULLY UNDERSTAND AND AGREE TO
ALL OF THE PROVISIONS CONTAINED IN THIS TERMINATION AGREEMENT AND RELEASE.

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                         [SIGNATURES ON FOLLOWING PAGE]

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         IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Termination Agreement and Release as of the date set forth below.

                                   CROSSPOINT FOODS CORPORATION
                                   f/k/a GLACIER CORPORATION, on
                                   behalf of itself and on behalf of each of its
                                   Subsidiaries:

Dated: ______________________      By:  _____________________________
                                   Its: _____________________________

                                   GLACIER DISTRIBUTION COMPANY
                                   on behalf of itself and each of its
                                   Subsidiaries:

Dated: ______________________      By:  _____________________________
                                   Its: _____________________________

                                   OBLAS:

Dated: ______________________      ___________________________________
                                   Joseph A. Oblas

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                                                                       EXHIBIT A

                               ESCROW AGREEMENT

         ESCROW AGREEMENT, dated and entered into as of the 14th day of May,
2001, by and among CrossPoint Foods Corporation, formerly known as Glacier
Corporation ("CrossPoint Foods") a Delaware corporation with its principal place
of business in Denver, Colorado, JOSEPH A. OBLAS ("Oblas"), an individual whose
address is 8410 E. Thunderhill Heights, Parker, Colorado 80134, and Wells Fargo
Bank West, National Association ("Escrow Agent"), with a principal place of
business in Denver Colorado.

         WHEREAS, Oblas holds approximately 755,556 shares of common stock of
CrossPoint Foods; and

         WHEREAS, a Termination Agreement and Release (the "Termination
Agreement") dated March 26, 2001 between CrossPoint Foods and Oblas provides for
execution and delivery of this Escrow Agreement; and

         WHEREAS, CrossPoint Foods has informed Oblas that CrossPoint Foods will
not enter into the Termination Agreement unless Oblas agrees to place all shares
of CrossPoint Foods owned by him into escrow and to enter into an escrow
agreement on the terms provided herein, the execution, delivery and fulfillment
of this Escrow Agreement being a material inducement to CrossPoint Foods to
enter into the Termination Agreement.

         NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

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         1. General. This Escrow Agreement is being executed and delivered
pursuant to Section 5(c) of the Termination Agreement and is the Escrow
Agreement referred to therein and attached as Exhibit A to the Termination
Agreement. The provisions of this Escrow Agreement shall not be construed so as
to diminish or increase the obligations of the parties under the Termination
Agreement, and the other agreements, certificates and instruments provided for
or contemplated therein, except to the extent expressly provided herein.

         2. Amount Escrowed. Pursuant to the Termination Agreement, Oblas agrees
that all the shares of common stock of CrossPoint Foods owned by Oblas, after
taking into account the donation to capital described in Paragraph 5(a) of the
Termination Agreement and any reduction necessitated pursuant to Paragraph 5(b)
of the Termination Agreement ("Common Stock"), shall be deposited with the
Escrow Agent.

         3. Release of Escrow. The escrow period ("Escrow Period") shall begin
on the effective date of this Agreement and shall terminate on the earlier of
(i) 12 months from the effective date of CrossPoint Food's initial public
offering or (ii) July 31, 2002, unless prior to such date there shall be
delivered to the Escrow Agent a certificate signed by the President of
CrossPoint Foods or its successors or assigns stating that there exists a claim
against CrossPoint Foods or its successor in connection with Oblas' activity as
an employee of Crosspoint Foods, its predecessor, or any subsidiaries of
Crosspoint Foods, initiated by a third party, including not limited to, a
stockholder, customer, or supplier of CrossPoint or its successor; a government
agency; or any other non-officer or non-director of CrossPoint Foods ("Claim
Certificate"). CrossPoint Foods shall concurrently deliver to Oblas a copy of
the Claim Certificate. The Escrow Period shall continue until the claim set
forth in the Claim Certificate is settled to the

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satisfaction of CrossPoint Foods. The Escrow Agent shall upon receipt of written
instructions from CrossPoint Foods, release all Common Stock as therein
directed.

         If no agreement between CrossPoint Foods and Oblas regarding the
release of the Escrow after the delivery of a Claim Notice can be reached after
good faith negotiation, either CrossPoint Foods or Oblas may demand arbitration
of the matter unless the amount of the damage or loss is at issue in pending
litigation with a third party, in which event arbitration shall not be commenced
until such amount is ascertained or both parties agree to arbitration; and, in
either such event, the matter shall be settled by arbitration conducted by a
single, mutually agreed upon arbitrator. If the parties fail to agree upon an
arbitrator within 10 days after arbitration is demanded, the arbitrator(s) shall
be chosen in accordance with the Commercial Arbitration Rules of the American
Arbitration Association. The decision of the arbitrator so selected as to the
validity and amount of any damages from a claim set forth in a Claim Notice may
be appealed by either party within forty-five (45) days from the date of the
arbitrator's decision. In such case, the appealing party shall provide written
notice of the appeal to the other parties hereto in accordance with Section 4 of
this Escrow Agreement. The decision of the arbitrator, if no appeal has been
duly filed, or the court, in the case of an appeal, shall be binding and
conclusive upon the CrossPoint Foods and Oblas, and notwithstanding anything in
Section 3 of this Escrow Agreement, the Escrow Agent shall be entitled to act in
accordance with such decision or court order, as applicable, and make or
withhold delivery of Common Stock out of the Escrow Fund in accordance
therewith. Such arbitration shall be conducted in the Denver, Colorado
metropolitan area.

         For purposes of this Agreement, any recovery against the Escrow Fund
shall be for all costs, expenses, awards, penalties or damages that are incurred
by CrossPoint Foods for the reasons described in this paragraph 3. The parties
agree that the Common Stock in the Escrow Fund shall be valued at the average of
the closing bid price of CrossPoint Foods' common stock during the ten trading
days immediately preceding the parties agreement on the amount of a claim set
forth in a Claim Notice or upon entry of an award by the arbitrator in an
arbitration proceeding.

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         CrossPoint Foods and Oblas shall each pay half of the fees of the
arbitrator and the administrative fee of the American Arbitration Association
and shall pay its own expenses, including attorneys' fees and costs.

         4. Notices. Unless written notice of a different address has been given
to each of the other parties hereto in the following manner, any and all notices
and other documents required or permitted to be given under this Escrow
Agreement shall be deemed to have been properly delivered if in writing and
delivered in hand or mailed by registered or certified mail, postage prepaid and
addressed as follows:

To CrossPoint Foods:     CrossPoint Foods Corporation
                         1050 Seventeenth Street, Suite 195
                         Denver, Colorado 80265

With a copy to:          Robert W. Walter, Esq.
                         Berliner Zisser Walter & Gallegos, P.C.
                         1700 Lincoln Street, Suite 4700
                         Denver, Colorado 80203

To Oblas:                Joseph A. Oblas
                         8410 E. Thunderhill Heights
                         Parker, Colorado 80134

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To Escrow Agent:         Wells Fargo Bank West, National Association
                         Corporate Trust and Escrow Services
                         1740 Broadway, MAC C7301-024
                         Denver, Colorado  80274

Copies of all notices given to any party hereto shall be given to each other
party hereto and to their respective legal counsel (as set forth above).

         5.       Escrow Agent.

                  A. Authorization. CrossPoint shall execute and deliver to the
Escrow Agent a certificate of incumbency substantially in the form of Exhibit A
hereto for the purpose of establishing the identity of the representatives of
CrossPoint Foods entitled to issue instructions or directions to the Escrow
Agent on behalf of CrossPoint Foods. In the event of any change in the identity
of such representatives, a new certificate of incumbency shall be executed and
delivered to the Escrow Agent by CrossPoint. Until such time as the Escrow Agent
shall receive a new incumbency certificate, the Escrow Agent shall be fully
protected in relying without inquiry on CrossPoint's then current incumbency
certificate on file with the Escrow Agent. Oblas, or Oblas's personal
representative following receipt of evidence reasonably satisfactory to Escrow
Agent of such person representative's due appointment, shall be the only persons
entitled to issue instructions or directions to the Escrow Agent on behalf of
Oblas.

                  CrossPoint and Oblas shall each furnish the Escrow Agent with
a completed Form W-9, as applicable.

         B.       Concerning the Escrow Agent.

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                           (1)      Compensation of the Escrow Agent. CrossPoint
                  and Oblas agree, jointly and severally, to pay the Escrow
                  Agent:

                                    (a)     Its fee for all services rendered by
                           it under this Agreement set forth in Exhibit B
                           incorporated herein by reference; and

                                    (b)     Reasonable compensation for services
                           rendered in connection with this Agreement but not
                           expressly provided for herein and reimbursement for
                           those expenses incurred by the Escrow Agent in
                           rendering such services, including, but not limited
                           to court costs and attorney's fees incurred as a
                           result of any dispute arising out of the Agreement,
                           unless such expenses shall have been finally
                           adjudicated to have resulted from the bad faith or
                           gross negligence of the Escrow Agent.

                           The Escrow Agent shall have a first and prior lien
                  upon the Escrow Fund to secure the payments described under
                  paragraphs (a) and (b) of this Section 5.B(1). If any such
                  payment is not timely received by the Escrow Agent, CrossPoint
                  Foods and Oblas authorize the Escrow Agent to deduct such
                  payment from the Escrow Fund. All such payments due but not
                  paid within 30 days shall accrue interest at a rate of 19
                  percent per annum.

                           (2)      Other Provisions Concerning Escrow Agent.

                                    (a)     Authority of Parties. The Escrow
                           Agent shall be under no duty or obligation to
                           ascertain the identity, authority, and/or rights of
                           the parties or their agents, except as set forth in
                           Section 5.A hereof

                                       6

<PAGE>   16

                                    (b) Other Agreements. The Escrow Agent shall
                           not be a party to, or be bound by, any agreement
                           between the parties other than this Escrow Agreement
                           whether or not a copy and/or original of such
                           agreement is held as escrowed property; and the
                           Escrow Agent shall have no duty to know or inquire as
                           to the performance or nonperformance of any provision
                           of any such agreement between the parties thereto.

                                    (c) Deposited Instruments and/or Funds. The
                           Escrow Agent assumes no responsibility for the
                           validity or sufficiency of any instrument held as
                           escrowed property, except as expressly and
                           specifically set forth in this Escrow Agreement.

                                    (d) Late Payments or Performance. The Escrow
                           Agent may accept any payment or performance required
                           under this Agreement after the date such payment or
                           performance is due, unless subsequent to such date,
                           but prior to the actual date of payment or
                           performance, the Escrow Agent is instructed in
                           writing by CrossPoint Foods and Oblas not to accept
                           such payment or performance.

                                    (e) Escheat. CrossPoint Foods and Oblas are
                           aware that under Colorado law, escrowed property
                           which is presumed abandoned may escheat to the State.
                           The Escrow Agent shall have no liability to
                           CrossPoint Foods, Oblas, their respective heirs,
                           legal representatives, successors and assigns, should
                           any or all of the Escrow Fund become escheatable or
                           escheat by operation of law.

                                       7
<PAGE>   17

                                    (f) Non-Liability. The Escrow Agent shall
                           not be liable for any act or omission while acting in
                           good faith and in the exercise of its own best
                           judgment. Any act or omission by the Escrow Agent
                           pursuant to the advice of its attorneys shall be
                           conclusive evidence of such good faith. The Escrow
                           Agent shall have the right to consult with counsel at
                           the expense of CrossPoint Foods and Oblas whenever
                           any question arises concerning the Agreement and
                           shall incur no liability for any delay reasonably
                           required to obtain such advice of counsel. The Escrow
                           Agent shall not be liable for the alteration,
                           modification or elimination of any right permitted or
                           given under the instructions set forth in this
                           Agreement and/or in any document deposited under this
                           Escrow Agreement pursuant to any Statute of
                           Limitations or by reason of laches. The Escrow Agent
                           shall have no further responsibility or liability
                           whatsoever to either CrossPoint Foods or Oblas
                           following a complete distribution of the Escrow Fund
                           pursuant to this Escrow Agreement. The Escrow Agent
                           shall not incur any liability with respect to any act
                           or omission in reliance upon any document, including
                           any written notice or instruction provided for in the
                           Escrow Agreement. In performing its obligations
                           hereunder, the Escrow Agent shall be entitled to
                           presume, without inquiry, the due execution, validity
                           and effectiveness of all documents it receives, and
                           also the truth and accuracy of any information
                           contained therein. The Escrow

                                       8
<PAGE>   18

                           Agent shall not be responsible or liable for any
                           diminution of principal of the Escrow Fund or any
                           interest penalty, whatsoever, for any reason.

                                    (g) Indemnification. CrossPoint Foods and
                           Oblas agree, jointly and severally, to indemnify and
                           hold harmless the Escrow Agent from any liability,
                           cost or expense whatsoever, including, but not
                           limited to, attorney's fees incurred by reason of
                           accepting this Escrow Agreement and/or the Escrow
                           Fund, unless any such liability, cost or expense
                           shall have been finally adjudicated to have resulted
                           from the bad faith or gross negligence of the Escrow
                           Agent.

                                    (h) Disagreements. If any disagreement or
                           dispute arises between the parties to this Agreement
                           concerning the meaning or validity of any provision
                           hereunder or concerning any other matter relating to
                           this Agreement, the Escrow Agent:

                                            (x)  Shall be under no obligation to
                                        act, except under process or order of
                                        court, or until it has been adequately
                                        indemnified to its full satisfaction,
                                        and shall sustain no liability for its
                                        failure to act pending such process,
                                        court order or indemnification; and

                                            (y)  May, in its sole and absolute
                                        discretion, interplead the Escrow Fund
                                        or that portion of the Escrow Fund it
                                        then holds with the District Court of
                                        the City and County of Denver, State of
                                        Colorado, and name the Parties

                                       9
<PAGE>   19

                                        in such interpleader action. Upon filing
                                        the interpleader action, the Escrow
                                        Agent shall be relieved of all liability
                                        as to the Escrow Fund and shall be
                                        entitled to recover from the parties its
                                        reasonable attorneys' fees and other
                                        costs incurred in commencing and
                                        maintaining such action. The parties by
                                        signing this Agreement submit themselves
                                        to the jurisdiction of such court and do
                                        appoint the Clerk of such Court as their
                                        agent for the service of all process in
                                        connection with such proceedings. In no
                                        event shall the institution of such
                                        interpleader action impair the rights of
                                        the Escrow Agent described in
                                        Section 5(C) of this Agreement.

                                    (i) Attachment of Escrow Fund; Compliance
                           with Legal Orders. In the event that the Escrow Fund
                           shall be attached, garnished or levied upon by any
                           court order, or the delivery thereof shall be stayed
                           or enjoined by an order of a court, or any order,
                           judgment or decree shall be made or entered by any
                           court order affecting the property deposited under
                           this Escrow Agreement, the Escrow Agent is hereby
                           expressly authorized, in its sole discretion, to obey
                           and comply with all writs, orders or decrees so
                           entered or issued, which it is advised by legal
                           counsel of its own choosing is binding upon it,
                           whether with or without jurisdiction, and in the
                           event that the Escrow Agent obeys or complies with
                           any such writ,

                                       10
<PAGE>   20

                           order or decree it shall not be liable to CrossPoint
                           Foods or Oblas or to any other person, firm or
                           corporation, by reason of such compliance
                           notwithstanding such writ, order or decree be
                           subsequently reversed, modified, annulled, set aside
                           or vacated.

                           (j)      Tax Matters.

                                            (x) Reporting of Income. The Escrow
                                    Agent shall report to the Internal Revenue
                                    Service, as of each calendar year-end, and
                                    to Oblas, all income earned from any sum
                                    held in the Escrow Fund against Oblas, as
                                    and to the extent required under the
                                    provisions of the Internal Revenue Code of
                                    1986,as amended, and the regulations
                                    promulgated thereunder (the "Code").

                                            (y) Preparation and Filing of Tax
                                    Returns. Oblas is required to prepare and
                                    file any and all income or other tax returns
                                    applicable to the Escrow Fund with the
                                    Internal Revenue Service and all required
                                    state and local departments of revenue in
                                    all years income is earned in any particular
                                    tax year as and to the extent required under
                                    the provisions of the Code.

                                            (z) Unrelated Transactions. The
                                    Escrow Agent shall have no responsibility
                                    for the preparation and/or filing of any tax
                                    or information return with respect to any
                                    transaction, whether or not related to this
                                    Agreement, which occurs outside the Escrow
                                    Fund.

                                       11

<PAGE>   21

                           (k) Resignation or Removal of Escrow Agent. The
                  Escrow Agent may resign as such following the giving of thirty
                  (30) days prior written notice to the other parties hereto.
                  Similarly, the Escrow Agent may be removed and replaced
                  following the giving of thirty (30) days prior written notice
                  to the Escrow Agent by the other parties hereto. In either
                  event, the duties of the Escrow Agent shall terminate (30)
                  days after receipt of such notice (or as of such earlier date
                  as may be mutually agreeable); and the Escrow Agent shall then
                  deliver the balance of the moneys or assets then in its
                  possession to a successor escrow agent as shall be appointed
                  by the other parties hereto as evidenced by a written notice
                  filed with the Escrow Agent. CrossPoint Foods and Oblas agree
                  that [a] a successor escrow agent shall be appointed by
                  CrossPoint Foods with Oblas's consent, which consent shall not
                  be unreasonably withheld or delayed, and [b] any successor
                  escrow agent shall be a national banking association having a
                  combined capital and surplus of not less than $100 million.

                           If the other parties hereto have failed to appoint a
                  successor escrow agent as provided herein prior to the
                  expiration of thirty (30) days following receipt of the notice
                  of resignation or removal, the Escrow Agent may appoint a
                  successor or petition any court of competent jurisdiction for
                  the appointment of a successor escrow agent or for other
                  appropriate relief, and any such resulting appointment shall
                  be binding upon all of the parties hereto.

         6.       Governing Law. This Escrow Agreement shall be governed by and
construed in accordance with the laws of the State of Colorado applicable to
agreements made therein

                                       12
<PAGE>   22

         7.       Assignment. This Escrow Agreement and all actions taken
hereunder in accordance with its terms shall be binding upon and inure to the
benefit of the parties hereto, and their respective successors and assigns
except that this Escrow Agreement may not be assigned by Escrow Agent.

         8.       Appointment. Wells Fargo Bank West, National Association
accepts appointment as Escrow Agent and agrees to be bound by the provisions
hereof.

         9.       Captions. Captions herein have been inserted solely for
convenience or reference and in no way define, limit or describe the scope or
substance of any provision of this Escrow Agreement.

                                       13
<PAGE>   23

         IN WITNESS WHEREOF, the parties hereto have signed or caused this
Escrow Agreement to be signed as of the day and year first above written.

WELLS FARGO BANK WEST,              CROSSPOINT FOODS CORPORATION:
NATIONAL ASSOCIATION:

By:____________________________     By:______________________________
Title: ________________________     Title: __________________________

OBLAS:

-------------------------------
Joseph A. Oblas

                                       14
<PAGE>   24

                                    EXHIBIT A

                            CERTIFICATE OF INCUMBENCY

         The undersigned, ____________________, of ______________, hereby
certifies that the following named officers are duly appointed, qualified and
acting in the capacity set forth opposite his/her name, and the following
signature is the true and genuine signature of said officer.

                  Name              Title              Signature
         ------------------     -------------    -----------------------

         ------------------     -------------    -----------------------

         Such officers are hereby authorized to furnish the Escrow Agent with
directions relating to any matter concerning this Escrow Agreement and the funds
and/or property held pursuant thereto.

         IN WITNESS WHEREOF, ____________________ has caused this Certificate of
Incumbency to be executed by its officer duly authorized this _____ day of
_______,200__.

                                         [Name of Party]

                                         By _________________________
                                         Name________________________
                                         Title_______________________

                                       15
<PAGE>   25

                                    EXHIBIT B

                          Escrow Agent's Compensation

         For its services under this Agreement, Escrow Agent shall receive a fee
of $____ payable upon execution of this Agreement. The Escrow Agent's fees shall
be equally split between CrossPoint and Oblas.

                                       16
<PAGE>   26

                                                                       EXHIBIT B

                                LOCK-UP AGREEMENT

                                  May 14, 2001

CrossPoint Foods Corporation
1050 Seventeenth Street
Suite 195
Denver, Colorado 80265

Schneider Securities, Inc.
Suite 900
1120 Lincoln Street
Denver, Colorado 80203

Ladies and Gentlemen:

         Joseph A. Oblas ("Oblas") understands that Schneider Securities, Inc.
(the "Representative") proposes to enter into an Underwriting Agreement with
CrossPoint Foods Corporation, formerly known as Glacier Corporation (the
"Company") providing for the public offering of shares of common stock of the
Company pursuant to a Registration Statement on Form S-1 (the "Registration
Statement") filed with the Securities and Exchange Commission. All common stock
of the Company registered by the Registration Statement shall be referred to
herein as "Common Stock."

         In consideration of the agreement by the Representative to offer and
sell the Common Stock pursuant to the Registration Statement, and of other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and in consideration of the Company entering into the Termination
Agreement and Release to which this Agreement is an exhibit, Oblas agrees that
he will not, directly or indirectly, for a period of 12 months following the
date of the definitive prospectus filed as a part of the Registration Statement,
sell, offer to sell, contract to sell, grant any option for the sale of, grant
any security interest in, pledge, hypothecate, or otherwise sell or dispose of
any of the Company's common stock, or any options or warrants to purchase any
Company's common stock, or any securities exercisable, convertible into or
exchangeable for the Company's common stock, or any interest in such securities
or rights (collectively with all of the foregoing, the "Securities"), owned
directly by Oblas as of the effective date of the Registration Statement
("Effective Date") or with respect to which Oblas has the power of disposition
as of the Effective Date, other than with the prior written consent of the
Representative and the Company. Oblas also agrees and consents to the entry of
stop transfer instructions with the Company's transfer agent and registrar
against the transfer of any of the Securities held by Oblas except in compliance
with the foregoing restrictions. With the Company's consent, the Representative
may in its sole discretion, without notice, release all or any portion of the
Securities subject to this Lock-Up Agreement or any similar agreement executed
by any other security holder and, if the Representative releases any Securities
of any other security holder, the Securities owned by Oblas shall not be
entitled to be

<PAGE>   27

CrossPoint Foods Corporation
Schneider Securities, Inc.
Page 2

released from this Lock-Up Agreement, provided, however, that in the event the
Representative agrees to release from lock-up agreements 10% or more of the
shares of common stock of the Company held by the all of the officers of the
Company then, in such event, the Representative agrees to release the same
percentage of the Securities owned by Oblas as is equal to the percentage of the
shares released for all of the officers of the Company. Furthermore, the
Representative may in its sole discretion, without notice, agree with any state
administrator that it will not, for a period of up to 12 months from the
Effective Date, give prior written consent to any release of Securities subject
to this Lock-Up Agreement.

         In addition, Oblas agrees that he will not sell, pledge, hypothecate or
otherwise dispose of such Securities pursuant to the exemption afforded by Rule
701 under the Securities Act of 1933, as amended, for a period of 12 months
after the Effective Date without the prior written consent of the
Representative.

         Oblas further agrees that he shall not enter into any swap or other
arrangement that transfers all or a portion of the economic consequences
associated with the ownership of any Securities owned by Oblas on the Effective
Date (regardless of whether any of the transactions are to be settled by the
delivery of Securities, other securities, cash or otherwise), for a period of 12
months after the Effective Date without the prior written consent of the
Representative.

         Oblas further agrees that he shall not enter sell, transfer,
hypothecate or convey any Securities described above through a "Regulation S"
transaction for a minimum period of five years from the Effective Date without
the prior written consent of the Representative.

         Oblas further agrees that all of the rights, authority and preemptive
provisions granted to the Representative pursuant to this Lock-Up Agreement may
be transferred by the Representative to any other NASD member firm that
participates in the proposed public offering of the Common Stock. The Company
shall not transfer or assign its rights hereunder except by operation of law.

         In addition to the foregoing, Oblas agrees that all of the Securities
described above shall be held in a designated escrow account under an escrow
agreement that is dated contemporaneously herewith for a period of 12 months
from the Effective Date. After conclusion of such 12 month period, Oblas agrees
that the escrow agent shall deposit the certificates representing all of the
escrowed Common Stock owned by him in an account that will be established for
Oblas by the Representative at its principal office. Oblas further agrees that
he shall not sell, transfer, hypothecate or convey any of the Securities
described above in an amount greater than 1/2% of the total publicly registered
shares of the Company in any fiscal quarter for a period commencing 12 months
from the Effective Date and ending 24 months after the Effective Date without
the prior written consent of the Representative and the Company.

<PAGE>   28

CrossPoint Foods Corporation
Schneider Securities, Inc.
Page 3

         Oblas understands that the Company and the Representative will
undertake the public offering in reliance upon this Lock-Up Agreement.

         IN WITNESS WHEREOF, the parties have executed this Lock-Up Agreement on
the date set forth above.

                                         CROSSPOINT FOODS COMPANY
                                         f/k/a Glacier Corporation:

                                         By: __________________________________
                                         Print Name:  _________________________

                                         SCHNEIDER SECURITIES, INC.:

                                         By: __________________________________
                                         Print Name:  _________________________

                                         OBLAS:

                                         ---------------------------
                                         Joseph A. Oblas<PAGE>

Exhibit 10.1
------------
                                 IMAGEMAX, INC.
                              1997 INCENTIVE PLAN
                              -------------------

                As Amended And Restated Through April 24, 2001

          SECTION 1.  Purpose; Definitions.  The purpose of the ImageMax, Inc.
                      --------------------
1997 Incentive Plan (the "Plan") is to offer to certain employees, Associates
and Directors of ImageMax, Inc. (the "Company"), a Pennsylvania corporation and
its subsidiaries, equity interests in the Company, options to acquire equity
interests in the Company, and other performance-based incentive awards, thereby
attracting, retaining and motivating such persons, and strengthening the
mutuality of interests between such persons and the Company's shareholders.

          For purposes of the Plan, the following initially capitalized words
and phrases shall be defined as set forth below, unless the context clearly
requires a different meaning:

          a.   "Affiliate" means, with respect to a person or entity, a person
                ---------
that directly or indirectly controls, or is controlled by, or is under common
control with such person or entity.

          b.  "Associate" means a consultant, contractor or other provider of
               ---------
services to the Company.

          c.   "Board" means the Board of Directors of the Company, as
                -----
constituted from time to time.

          d.  "Cause" occurs when the Participant, as determined by the Board:
               -----

               (i)  has engaged in any type of disloyalty to the Company,
                    including without limitation, fraud, embezzlement, theft, or
                    dishonesty in the course of his employment or engagement, or
                    has otherwise breached any fiduciary duty owed to the
                    Company;

               (ii)  has been convicted of a felony;

               (iii)  has disclosed trade secrets or confidential information of
                    the Company; or

               (iv) has breached any agreement with or duty to the Company in
                    respect of confidentiality, non-disclosure, non-competition
                    or otherwise.

                                      -1-
<PAGE>

          e.  "Change of Control" means:
               -----------------

               (i)  the acquisition in one or more transactions by any "Person"
                    (as the term person is used for purposes of Sections 13(d)
                    or 14(d) of the Exchange Act) of "Beneficial ownership"
                    (within the meaning of Rule 13d-3 promulgated under the
                    Exchange Act) of twenty-five percent (25%) or more of the
                    combined voting power of the Company's then outstanding
                    voting securities (the "Voting Securities"), provided that
                    for purposes of this clause (i) Voting Securities acquired
                    directly from the Company by any Person shall be excluded
                    from the determination of such Person's Beneficial ownership
                    of Voting Securities (but such Voting Securities shall be
                    included in the calculation of the total number of Voting
                    Securities then outstanding); or

               (ii) approval by shareholders of the Company of:

                    (A)  a merger, reorganization or consolidation involving the
                         Company if the shareholders of the Company immediately
                         before such merger, reorganization or consolidation do
                         not or will not own directly or indirectly immediately
                         following such merger, reorganization or consolidation,
                         more than fifty percent (50%) of the combined voting
                         power of the outstanding voting securities of the
                         company resulting from or surviving such merger,
                         reorganization or consolidation in substantially the
                         same proportion as their ownership of the Voting
                         Securities outstanding immediately before such merger,
                         reorganization or consolidation; or

                    (B)  a complete liquidation or dissolution of the Company;

                    (C)  an agreement for the sale or other disposition of all
                         or substantially all of the assets of the Company; or

               (iii)  acceptance by shareholders of the Company of shares in a
                    share exchange if the shareholders of the Company
                    immediately before such share exchange do not or will not
                    own directly or indirectly immediately following such share
                    exchange more than fifty percent (50%) of the combined
                    voting power of the outstanding voting securities of the
                    entity resulting from or surviving such share exchange in
                    substantially the same proportion as their ownership of

                                      -2-
<PAGE>

                    the Voting Securities outstanding immediately before such
                    share exchange.

          f.  "Code" means the Internal Revenue Code of 1986, as amended from
               ----
time to time, and any successor thereto.

          g.   "Committee"shall mean the Committee appointed by the Board in
                ---------
accordance with Section 2 of the Plan, if one is appointed, in which event in
connection with this Plan, the Committee shall possess all of the power and
authority of, and shall be authorized to take any and all actions required to be
taken hereunder by, and make any and all determinations required to be taken
hereunder by, the Board.

          h.  "Director" means a member of the Board.
               --------

          i.  "Disability"shall mean a disability of an employee or a Director
               ----------
which renders such employee or Director unable to perform the full extent of his
duties and responsibilities by reason of his illness or incapacity which would
entitle that employee or Director to receive Social Security Disability Income
under the Social Security Act, as amended, and the regulations promulgated
thereunder.  "Disabled" shall mean having a Disability.  The determination of
whether a Participant is Disabled shall be made by the Board, whose
determination shall be conclusive; provided that,
                                   -------- ----

               (i)  if a Participant is bound by the terms of an employment
                    agreement between the Participant and the Company, whether
                    the Participant is "Disabled" for purposes of the Plan shall
                    be determined in accordance with the procedures set forth in
                    said employment agreement, if such procedures are therein
                    provided; and

               (ii)  a Participant bound by such an employment agreement shall
                    not be determined to be Disabled under the Plan any earlier
                    than he would be determined to be disabled under his
                    employment agreement.

          j.  "Exchange Act" means the Securities Exchange Act of 1934, as
               ------------
amended.

          k.  "Fair Market Value" means, as of any date: (i) the closing price
               -----------------
of the Shares as reported on the principal nationally recognized stock exchange
on which the Shares are traded on such date, or if no Share prices are reported
on such date, the closing price of the Shares on the next preceding date on
which there were reported Share prices; or (ii) if the Shares are not listed or
admitted to unlisted trading privileges on a nationally recognized stock
exchange, the closing price of the Shares as reported by The NASDAQ Stock Market
on such date, or if no Share prices are reported on such date, the closing price
of the Shares on the next preceding date on which there were reported Share
prices; or (3) if the Shares are not listed or

                                      -3-
<PAGE>

admitted to unlisted trading privileges on a nationally recognized stock
exchange or traded on The NASDAQ Stock Market, then the Fair Market Value shall
be determined by the Board acting in its discretion, which determination shall
be conclusive.

          l.  "Incentive Stock Option" means any Option intended to be and
               ----------------------
designated as an "Incentive Stock Option" within the meaning of Section 422 of
the Code.

          m.  "Long-Term Performance Award" or "Long-Term Award" means an award
               ---------------------------      ---------------
made pursuant to Section 8 hereof that is payable in cash and/or Shares
(including Restricted Stock, Performance Shares and Performance Units) in
accordance with the terms of the grant, based on Company, business unit and/or
individual performance, in each case as determined by the Committee and as set
forth in the grant letter.

          n.  "Non-Employee Director" shall have the meaning set forth in Rule
               ---------------------
16b-3(b)(3)promulgated by the Securities and Exchange Commission under the
Exchange Act, or any successor definition adopted by the Securities and Exchange
Commission; provided, however, that the Board or the Committee may, in its sole
discretion, substitute the definition of "outside director" provided in the
regulations under Section 162(m) of the Code in place of the definition of Non-
Employee Director contained in the Exchange Act.

          o.  "Non-Qualified Stock Option" means any Option that is not an
               --------------------------
Incentive Stock Option.

          p.   "Participant" means an employee, Director, or Associate of the
                -----------
Company or a Subsidiary to whom an award is granted pursuant to the Plan.

          q.   "Performance Share" means an award made pursuant to Section 9
                -----------------
hereof of the right to receive Shares at the end of a specified performance
period.

          r.   "Performance Unit" means an award made pursuant to Section 10
                ----------------
hereof of the right to receive cash at the end of a specified performance
period.

          s.   "Restricted Stock" means an award of Shares that is subject to
                ----------------
restrictions pursuant to Section 7 hereof.

          t.   "Retirement" means termination of the employment of a Participant
                ----------
with the Company, an Affiliate (including parent) or a Subsidiary other than (i)
a termination effected at the direction of the Company or parent (whether or not
the Company effects such termination for Cause), (ii) termination on account of
Disability, or (iii) termination on account of death.  With respect to a
Director who is not also an employee of the Company, Retirement shall occur at
such time as the individual ceases to be a Director.

                                      -4-
<PAGE>

          u.   "Rules" means Section 16 of the Exchange Act and the regulations
                -----
promulgated thereunder.

          v.  "SAR" means a share appreciation right granted under the Plan and
               ---
described in Section 6 hereof.

          w.  "Securities Broker" means a registered securities broker
               -----------------
acceptable to the Company who agrees to effect the cashless exercise of an
Option pursuant to Section 5(l) hereof.

          x.  "Share" means a share of stock of the Company, subject to
               -----
substitution or adjustment as provided in Section 3(c) hereof.

          y.  "Stock Option" or "Option" means any option to purchase Shares
               ------------      ------
(including Restricted Stock, if the Committee so determines) granted pursuant to
Section 5 hereof.

          z.  "Subsidiary" means, in respect of the Company or parent, a
               ----------
subsidiary company, whether now or hereafter existing, as defined in Sections
424(f) and (g) of the Code.

          SECTION 2.  Administration. The Plan shall be administered by the
                      --------------
Board.  The Board may at any time by a unanimous vote, with each member voting,
appoint a Committee consisting of not less than two Directors to administer the
Plan on behalf of the Board, subject to such terms and conditions as the Board
may prescribe.  Members of the Committee shall serve for such period of time as
the Board may determine.  Members of the Board or the Committee who are eligible
for awards or have been granted awards may vote on any matters affecting the
administration of the Plan or any awards pursuant to the Plan, except that no
such member shall act upon an award to himself or herself, but any such member
may be counted in determining the existence of a quorum at any meeting of the
Board or Committee during which action is taken with respect to an award to
himself or herself.

          If a Committee is appointed, all references to actions to be taken by
the Board in the administration of the Plan shall be construed as references to
the Committee.

          From time to time the Board may increase the size of the Committee and
appoint additional members thereto (provided such new members are Non-Employee
Directors), remove members (with or without cause) and appoint new members in
substitution therefor, fill vacancies however caused, or remove all members of
the Committee and thereafter directly administer the Plan.

          The Board shall have full authority to grant to eligible persons under
Section 4: (i) Options, (ii) SARs, (iii) Restricted Stock, (iv) Long-Term
Performance Awards, (v) Performance Shares and/or (vi) Performance Units.  In
particular, the Board shall have the authority:

                                      -5-
<PAGE>

          a.  to select the persons to whom Options, SARs, Restricted Stock,
Long-Term Performance Awards, Performance Shares and Performance Units may from
time to time be granted hereunder;

          b.  to determine whether and to what extent Incentive Stock Options,
Non-Qualified Stock Options, SARs, Restricted Stock, Long-Term Performance
Awards, Performance Shares and Performance Units, or any combination thereof,
are to be granted hereunder;

          c.  to determine the number of Shares, if any, to be covered by each
such award granted hereunder;

     d.  to determine the terms and conditions, not inconsistent with the terms
of the Plan, of any award granted hereunder, including, but not limited to, the
Share price and any restriction or limitation, any vesting provisions, or any
vesting acceleration or forfeiture waiver regarding any Option or other award
and/or the Shares relating thereto, or the length of the period following
termination of employment of any Participant during which any Option or SAR may
be exercised (which, in the case of an Incentive Stock Option, shall be no
longer than one year in the case of the termination of employment of a
Participant by reason of death or Disability, or three months in the case of the
termination of employment of a Participant for any reason other than death or
Disability), based on such factors as the Board shall determine, in its sole
discretion;

          e.  to determine whether and under what circumstances an Option may be
exercised without a payment of cash under Section 5(l); and

     f.  to determine whether, to what extent and under what circumstances
Shares and other amounts payable with respect to an award under the Plan may be
deferred either automatically or at the election of the Participant.

          The Board shall have the authority to adopt, alter and repeal such
administrative rules, guidelines and practices governing the Plan as it shall,
from time to time, deem advisable; to interpret the terms and provisions of the
Plan and any award issued under the Plan (and any agreements relating thereto);
to amend the terms of any agreement relating to any award issued under the Plan,
provided that the Participant consents to such amendment; and to otherwise
supervise the administration of the Plan.  The Board may correct any defect,
supply any omission or reconcile any inconsistency in the Plan or in any award
granted in the manner and to the extent it shall deem necessary to carry out the
intent of the Plan.

          All decisions made by the Board pursuant to the provisions of the Plan
shall be final and binding on all persons, including the Company and
Participants. No member of the

                                      -6-
<PAGE>

Board shall be liable for any good faith determination, act or failure to act in
connection with the Plan or any award made under the Plan.

           SECTION 3.  Shares Subject to the Plan.
                       --------------------------

  a.      Shares Subject to the Plan.  The Shares to be subject or related to
          --------------------------
awards under the Plan shall be authorized and unissued Shares of the Company,
whether or not previously issued and subsequently acquired by the Company.
Originally, the maximum number of Shares subject to awards under the Plan was
600,000.  The Plan was amended effective December 12, 1999 to increase the
number of Shares subject to awards by 1,000,000.  The maximum number of Shares
that presently may be the subject of awards under the Plan is 1,600,000, or such
lesser amount as the Board shall determine, and the Company shall reserve for
the purposes of the Plan, out of its authorized and unissued Shares, such number
of Shares.

  b.      Effect of the Expiration or Termination of Awards.  If and to the
          -------------------------------------------------
extent that an award made under the Plan expires, terminates or is canceled or
forfeited for any reason without having been exercised in full, the Shares
associated with the expired, terminated, canceled or forfeited portion of the
award shall again become available for award under the Plan.

  c.      Other Adjustment.  In the event of any merger, reorganization,
          ----------------
consolidation, recapitalization, Share distribution or dividend, Share split or
combination, or other change in entity structure affecting the Shares, such
substitution or adjustment shall be made in the aggregate number, type and
issuer of the securities reserved for issuance under the Plan, in the number and
Option price of securities subject to outstanding Options granted under the Plan
and in the number and price of securities subject to other awards made under the
Plan, as may be determined to be appropriate by the Board in its sole
discretion, provided that the number of securities subject to any award shall
always be a whole number. The Board, in its sole discretion, shall make
appropriate equitable anti-dilution adjustments to the number of then-
outstanding SARs, and to the Fair Market Value upon which the value of such SARs
is based.

          SECTION 4.  Eligibility.  Employees, Directors and Associates of the
                      -----------
Company or its Subsidiaries are eligible to be granted awards under the Plan.
Directors who are not employees of the Company or a Subsidiary are eligible to
be granted awards under the Plan, but are not eligible to be granted Incentive
Stock Options.

          SECTION 5.  Options.  Options granted under the Plan may be of two
                      -------
types: (i) Incentive Stock Options or (ii) Non-Qualified Stock Options.  Options
may be granted alone, in addition to or in tandem with other awards granted
under the Plan.  Any Option granted under the Plan shall be in such form as the
Board may from time to time approve.

          The Board shall have the authority to grant any Participant eligible
under Section 4 Incentive Stock Options, Non-Qualified Stock Options, or both
types of Options (in

                                      -7-
<PAGE>

each case with or without SARs). To the extent that any Option does not qualify
as an Incentive Stock Option, it shall constitute a separate Non-Qualified Stock
Option.

          Options granted under the Plan shall be subject to the following terms
and conditions and shall contain such additional terms and conditions, not
inconsistent with the terms of the Plan, as the Board shall deem appropriate;
provided, however, that the provisions of Option awards need not be the same
with respect to each Participant:

  a.        Option Price.  The exercise price per Share purchasable under a Non-
            ------------
Qualified Stock Option shall be determined by the Board.  The exercise price per
Share purchasable under an Incentive Stock Option shall not be less than 100% of
the Fair Market Value of the Share on the date of the grant.  However, any
Incentive Stock Option granted to any Participant who, at the time the Option is
granted, owns more than 10% of the voting power of all classes of shares of the
Company or of a Subsidiary shall have an exercise price per Share of not less
than 110% of Fair Market Value per Share on the date of the grant.

  b.      Option Term.  The term of each Option shall be fixed by the Board, but
          -----------
no Option shall be exercisable more than ten years after the date the Option is
granted.  However, any Incentive Stock Option granted to any Participant who, at
the time such Option is granted, owns more than 10% of the voting power of all
classes of shares of the Company or of a Subsidiary may not have a term of more
than five years.  No Option may be exercised by any person after expiration of
the term of the Option.

  c.      Exercisability.  Options shall vest and be exercisable at such time or
          --------------
times and subject to such terms and conditions as shall be determined by the
Board at the time of grant. If the Board provides, in its discretion, that any
Option is exercisable only in installments, the Board may waive such installment
exercise provisions at any time at or after grant, in whole or in part, based on
such factors as the Board shall determine, in its sole discretion.

  d.      Method of Exercise.  Subject to the exercise provisions under Section
          ------------------
5(c) and the termination provisions set forth in Sections 5(f) through (i),
Options may be exercised in whole or in part at any time and from time to time
during the term of the Option, by giving written notice of exercise to the
Company specifying the number of Shares to be purchased.  Such notice shall be
accompanied by payment in full of the purchase price, either by certified or
bank check, or such other instrument as the Board may accept.  As determined by
the Board, in its sole discretion, at or after grant, payment in full or in part
of the exercise price of an Option may be made in the form of unrestricted Stock
based on the Fair Market Value of the Shares on the date the Option is
exercised; provided, however, that, in the case of an Incentive Stock Option,
the right to make a payment in the form of already owned Shares may be
authorized only at the time the Option is granted.

                                      -8-
<PAGE>

  No Shares shall be issued upon exercise of an Option until full payment
therefor has been made.  A Participant shall not have the right to distributions
or dividends or any other rights of a shareholder with respect to Shares subject
to the Option until the Participant has given written notice of exercise, has
paid in full for such Shares, and, if requested, has given the representation
described in Section 13(a) hereof.

  e.      Non-transferability of Options.  No Option shall be transferable by
          ------------------------------
the Participant otherwise than by will or by the laws of descent and
distribution, and all Options shall be exercisable, during the Participant's
lifetime, only by the Participant or, in the event of his Disability, by his
personal representative.

  f.      Termination by Reason of Death.  Subject to Section 5(i), if a
          ------------------------------
Participant's service with the Company or any Subsidiary terminates by reason of
death, any Option held by such Participant may thereafter be exercised, to the
extent then exercisable or on such accelerated basis as the Board may determine
at or after grant, by the legal representative of the estate or by the legatee
of the Participant under the will of the Participant, for a period expiring (i)
at such time as may be specified by the Board at or after the time of grant, or
(ii) if not specified by the Board, then one year from the date of death, or
(iii) if sooner than the applicable period specified under (i) or (ii) above,
then upon the expiration of the stated term of such Option.

  g.      Termination by Reason of Disability. Subject to Section 5(i), if an
          -----------------------------------
Participant's service with the Company or any Subsidiary terminates by reason of
Disability, any Option held by such Participant may thereafter be exercised by
the Participant or his personal representative, to the extent it was exercisable
at the time of termination, or on such accelerated basis as the Board may
determine at or after grant, for a period expiring (i) at such time as may be
specified by the Board at or after the time of grant, or (ii) if not specified
by the Board, then one year from the date of termination of service, or (iii) if
sooner than the applicable period specified under (i) or (ii) above, then upon
the expiration of the stated term of such Option.

  h.      Termination for Cause.  If the Participant's employment is terminated
          ---------------------
for Cause, any Option held by such Participant shall immediately expire.

  i.  Other Termination.  Subject to Section 5(i), if a Participant's service
      -----------------
with the Company or any Subsidiary terminates for any reason other than death or
Disability, any Option held by such Participant may thereafter be exercised by
the Participant, to the extent it was exercisable at the time of such
termination or on such accelerated basis as the Board may determine at or after
the time of grant, for a period expiring (i) at such time as may be specified by
the Board at or after the time of grant, or (ii) if not specified by the Board,
then ninety (90) days from the date of termination of service, or (iii) if
sooner than the applicable period specified under (i) or (ii) above, then upon
the expiration of the stated term of such Option.

                                      -9-
<PAGE>

          j.  Change of Control.  In the event of a Change of Control, the Board
              -----------------
may, in its sole discretion, cause all outstanding options to immediately become
fully exercisable, may immediately and fully terminate such options without any
further obligation of the Company under such options whatsoever, or may take any
other or further action or combination of actions as it may determine with
respect to the exercisability or other terms of such options.

          k.  Incentive Stock Option Limitations.  To the extent required for
              ----------------------------------
"incentive stock option" status under Section 422 of the Code, the aggregate
Fair Market Value (determined as of the time of grant) of the Shares with
respect to which Incentive Stock Options are exercisable for the first time by
the Participant during any calendar year under the Plan and/or any other plan of
the Company or any Subsidiary shall not exceed $100,000.  For purposes of
applying the foregoing limitation, Incentive Stock Options shall be taken into
account in the order granted.

          l.  Cashless Exercise.  The Company may, in the sole discretion of the
              -----------------
Board, cooperate in a "cashless exercise" of an Option.  The cashless exercise
shall be effected by the Participant delivering to the Securities Broker
instructions to sell a sufficient number of Shares to cover the costs and
expenses associated therewith.

          SECTION 6.  Share Appreciation Rights.
                      -------------------------

          a.  Grant.  SARs may be granted alone ("Stand-Alone SARs") or in
              -----
conjunction with all or part of any Option granted under the Plan ("Tandem
SARs"). In the case of a Non-Qualified Stock Option, a Tandem SAR may be granted
either at or after the time of the grant of such Option.  In the case of an
Incentive Stock Option, a Tandem SAR may be granted only at the time of the
grant of such Option.

          b.  Exercise.
              --------

              (i) Tandem SARs.  A Tandem SAR or applicable portion thereof shall
                  -----------
terminate and no longer be exercisable upon the termination or exercise of the
related Option or portion thereof, except that, unless otherwise determined by
the Board, in its sole discretion at the time of grant, a Tandem SAR granted
with respect to less than the full number of Shares covered by a related Option
shall be reduced only after such related Option is exercised or otherwise
terminated with respect to the number of Shares not covered by the Tandem SAR.

          A Tandem SAR may be exercised by a Participant by surrendering the
applicable portion of the related Option, only at such time or times and to the
extent that the Option to which such Tandem SAR relates shall be exercisable in
accordance with the provisions of Section 5 and this Section 6.  Options which
have been so surrendered, in whole or in part, shall no longer be exercisable to
the extent the related Tandem SARs have been exercised.

                                      -10-
<PAGE>

          Upon the exercise of a Tandem SAR, a Participant shall be entitled to
receive, upon surrender to the Company of all (or a portion) of an Option in
exchange for cash and/or Shares, an amount equal to the excess of (A) the Fair
Market Value, as of the date such Option (or such portion thereof) is
surrendered, of the Shares covered by such Option (or such portion thereof) over
(B) the aggregate exercise price of such Option (or such portion thereof).

          Upon the exercise of a Tandem SAR, the Option or part thereof to which
such Tandem SAR is related, shall be deemed to have been exercised for the
purpose of the limitation set forth in Section 3 of the Plan on the number of
Shares to be issued under the Plan, but only to the extent of the number of
Shares issued under the Tandem SAR at the time of exercise based on the value of
the Tandem SAR at such time.

          A Tandem SAR may be exercised only if and when the Fair Market Value
of the Shares subject to the Option exceeds the exercise price of such Option.

             (ii) Stand-Alone SARs. A Stand-Alone SAR may be exercised by a
                  ----------------
Participant giving notice of intent to exercise to the Company, provided that
all or a portion of such Stand-Alone SAR shall have become vested and
exercisable as of the date of exercise.

          Upon the exercise of a Stand-Alone SAR, a Participant shall be
entitled to receive, in either cash and/or Shares, an amount equal to the
excess, if any, of (A) the Fair Market Value, as of the date such SAR (or
portion of such SAR) is exercised, of the Shares covered by such SAR (or portion
of such SAR) over (B) the Fair Market Value of the Shares covered by such SAR
(or a portion of such SAR ) as of the date such SAR  (or a portion of such SAR)
was granted.

          c.  Terms and Conditions. SARs shall be subject to such terms and
              --------------------
conditions, not inconsistent with the provisions of the Plan, as shall be
determined from time to time by the Board, in its sole discretion; provided,
however, that the provisions of SAR awards need not be the same with respect to
each Participant. Such terms and conditions include the following:

             (i) Non-Transferability.  No SAR shall be transferable by the
                 -------------------
Participant otherwise than by will or by the laws of descent and distribution
and all SARs shall be exercisable, during the Participant's lifetime, only by
the Participant or, in the event of his Disability, by his personal
representative.

             (ii) Term of SAR.  The term of each SAR shall be fixed by the
                  -----------
Board, provided that the term of a Tandem SAR shall be determined by the terms
of the applicable Option, and provided further that the term of a Stand-Alone
SAR shall be ten (10) years, unless another term is specified by the Board.

                                      -11-
<PAGE>

             (iii)  Exercisability.  SARs shall vest and be exercisable at such
                    --------------
time or times and subject to such terms and conditions as shall be determined by
the Board at the time of grant, provided that the term of a Tandem SAR shall be
determined by the terms of the applicable Option.  A Participant shall not have
any rights as a shareholder with respect to any SAR.

             (iv) Termination of Employment.  Unless otherwise specified in the
                  -------------------------
terms of an award, SARs shall be subject to the terms of Sections 5(f)-(i) with
respect to exercise upon termination of employment.

             (v) Change of Control.  In the event of a Change of Control, the
                 -----------------
Board may, in its sole discretion, cause all outstanding SARs to immediately
become fully exercisable, may immediately and fully terminate such SARs without
any further obligation of the Company under such SARs whatsoever, or may take
any other or further action or combination of actions as it may determine with
respect to the exercisability or other terms of such SARs.

          SECTION 7.   Restricted Stock.
                       ----------------

          a.  Administration.  Restricted Stock may be issued either alone or in
              --------------
addition to other awards granted under the Plan.  The Board shall determine the
persons to whom, and the time or times at which, grants of Restricted Stock will
be made, the number of Shares to be awarded, the price (if any) to be paid by
the recipient of Restricted Stock, the time or times within which such awards
may be subject to forfeiture, and all other conditions of the awards.

          The Board may condition the vesting of Restricted Stock upon the
attainment of specified performance goals or such other factors as the Board may
determine, in its sole discretion, at the time of the award.

          The provisions of Restricted Stock awards need not be the same with
respect to each Participant.

          b.  Awards and Certificates.  The prospective recipient of a
              -----------------------
Restricted Stock award shall not have any rights with respect to such award,
unless and until such recipient has executed an agreement evidencing the award
and has delivered a fully executed copy thereof to the Company, and has
otherwise complied with the applicable terms and conditions of such award.  The
purchase price for Restricted Stock may be zero.

          Each Participant receiving a Restricted Stock award shall be issued a
share certificate in respect of such Restricted Stock.  Such certificate shall
be registered in the name of such Participant, and shall bear an appropriate
legend referring to the terms, conditions, and restrictions applicable to such
award, substantially in the following form:

                                      -12-
<PAGE>

          "The transferability of this certificate and the shares represented
          hereby are subject to the terms and conditions (including forfeiture)
          of the ImageMax, Inc. 1997 Incentive Plan and an Agreement entered
          into between the registered owner and ImageMax, Inc.  Copies of such
          Plan and Agreement are on file in the principal offices of ImageMax,
          Inc. and will be made available to any Shareholder without charge upon
          request to the Secretary of the Company."

          The Board shall require that the share certificates evidencing
Restricted Stock be held in custody by the Company until the restrictions
thereon shall have lapsed, and that, as a condition of any Restricted Stock
award, the Participant shall have delivered to the Company a share power,
endorsed in blank, relating to the Shares covered by such award.

          c.  Restrictions and Conditions.  The Restricted Stock awarded
              ---------------------------
pursuant to this Section 7 shall be subject to the following restrictions and
conditions:

             (i) During a period set by the Board commencing with the date of
such award (the "Restriction Period"), the Participant shall not be permitted to
sell, transfer, pledge, assign or otherwise encumber Restricted Stock awarded
under the Plan. The Board, in its sole discretion, may provide for the lapse of
such restrictions in installments and may accelerate or waive such restrictions
in whole or in part, based on service, performance and/or such other factors or
criteria as the Board may determine, in its sole discretion.

             (ii) Except as provided in this paragraph (ii) and Section 7(c)(i),
once the Participant has been issued a certificate or certificates for
Restricted Stock, the Participant shall have, with respect to the Restricted
Stock, all of the rights of a shareholder of the Company, including the right to
vote the Shares, and the right to receive any cash distributions or dividends.
The Board, in its sole discretion, as determined at the time of award, may
permit or require the payment of cash distributions or dividends to be deferred
and, if the Board so determines, reinvested in additional Restricted Stock to
the extent Shares are available under Section 3 of the Plan.

             (iii) Subject to the applicable provisions of the award agreement
and this Section 7, upon termination of a Participant's service with the Company
for reasons other than death or Disability during the Restriction Period, all
Restricted Stock still subject to restriction shall be forfeited by the
Participant. Subject to the provisions of the Plan, the Board, in its sole
discretion, may provide for the lapse of such restrictions in installments and
may waive such restrictions, in whole or in part, at any time, based on such
factors as the Board shall deem appropriate in its sole discretion. Upon the
death or Disability of a Participant during the Restriction Period, restrictions
will lapse with respect to a percentage of the Restricted Stock award granted to
the Participant that is equal to the percentage of the Restriction Period that
has elapsed as of the date of death or the date on which such Disability
commenced (as determined by the Board in its sole discretion), and a share
certificate or share certificates representing such

                                      -13-
<PAGE>

Shares, without bearing the restrictive legend described in Section 7(b), shall
be delivered by the Company to the Participant or the Participant's estate, as
the case may be, in exchange for the share certificate or share certificates
that contain such restrictive legend.

             (iv) In the event of hardship or other special circumstances of a
Participant whose service with the Company is involuntarily terminated (other
than for Cause), the Board may, in its sole discretion, waive in whole or in
part any or all remaining restrictions with respect to such Participant's
Restricted Stock, based on such factors as the Board may deem appropriate.

             (v) If and when the Restriction Period expires without a prior
forfeiture of the Restricted Stock subject to such Restriction Period, the
certificates for such Shares, without bearing the restrictive legend described
in Section 7(b), shall be promptly delivered by the Company to the Participant,
in exchange for the share certificate or share certificates that contain such
restrictive legend.

             (vi) Change of Control.  In the event of a Change in Control, the
                  -----------------
Board, in its sole discretion, may cause all Restricted Stock remaining subject
to forfeiture to immediately cease to be subject to forfeiture and a share
certificate or shares certificates representing such Shares, without bearing the
restrictive legend described in Section 7(b), shall be issued by the Company and
delivered to the Participant, in exchange for the share certificate or share
certificates that contain such restrictive legend.  Notwithstanding the
foregoing, in the event of a Change of Control, the Board may, in its sole
discretion, cause all outstanding Restricted Stock to immediately become fully
terminable without any further obligation of the Company under such Restricted
Stock whatsoever, or may take any other or further action or combination of
actions as it may determine with respect to the other terms of such Restricted
Stock.

          SECTION 8.  Long-Term Performance Awards.
                      ----------------------------

          a.  Awards and Administration.  Long-Term Performance Awards may be
              -------------------------
awarded either alone or in addition to other awards granted under the Plan.
Prior to award of a Long-Term Performance Award, the Board shall determine the
nature, length and starting date of the performance period (the "performance
period") for each Long-Term Performance Award.  Performance periods may overlap
and Participants may participate simultaneously with respect to Long-Term
Performance Awards that are subject to different performance periods and/or
different performance factors and criteria.  Prior to award of a Long-Term
Performance Award, the Board shall determine the performance objectives to be
used in awarding Long-Term Performance Awards and determine the extent to which
such Long-Term Performance Awards have been earned.  Performance objectives may
vary from Participant to Participant and between groups of Participants and
shall be based upon such Company, business unit and/or individual

                                      -14-
<PAGE>

performance factors and criteria as the Board may deem appropriate, including,
but not limited to, earnings per Share or return on equity.

          At the beginning of each performance period, the Board shall determine
for each Long-Term Performance Award subject to such performance period the
range of dollar values or number of Shares to be awarded to the Participant at
the end of the performance period if and to the extent that the relevant
measure(s) of performance for such Long-Term Performance Award is (are) met.
Such dollar values or number of Shares may be fixed or may vary in accordance
with such performance and/or other criteria as may be specified by the Board, in
its sole discretion.

          b.  Adjustment of Awards.  In the event of special or unusual events
              --------------------
or circumstances affecting the application of one or more performance objectives
to a Long-Term Performance Award, the Board may revise the performance
objectives and/or underlying factors and criteria applicable to the Long-Term
Performance Awards affected, to the extent deemed appropriate by the Board, in
its sole discretion, to avoid unintended windfalls or hardship.

          c.  Termination of Service.  Unless otherwise provided in the
              ----------------------
applicable award agreements, if a Participant terminates service with the
Company during a performance period because of death, Disability or Retirement,
such Participant (or his estate) shall be entitled to a payment with respect to
each outstanding Long-Term Performance Award at the end of the applicable
performance period:

             (i) based, to the extent relevant under the terms of the award,
upon the Participant's performance for the portion of such performance period
ending on the date of termination and the performance of the applicable business
unit(s) for the entire performance period, and

             (ii) pro-rated, where deemed appropriate by the Board, for the
portion of the performance period during which the Participant was employed by
or served on the Board of the Company, all as determined by the Board, in its
sole discretion.

          However, the Board may provide for an earlier payment in settlement of
such award in such amount and under such terms and conditions as the Board deems
appropriate, in its sole discretion.

          Except as otherwise determined by the Board, if a Participant
terminates service with the Company during a performance period for any other
reason, then such Participant shall not be entitled to any payment with respect
to the Long-Term Performance Awards subject to such performance period, unless
the Board shall otherwise determine, in its sole discretion.

                                      -15-
<PAGE>

          In the event of a Change of Control, the Board may, in its sole
discretion, cause all conditions applicable to the Long-Term Performance Award
to immediately terminate and a share certificate or share certificates
representing Shares subject  to such award, or cash, as the case may be, to be
issued and/or delivered to the Participant.  Notwithstanding the foregoing, in
the event of a Change of Control, the Board may, in its sole discretion, cause
all outstanding Long-Term Performance Awards to immediately become fully
terminable without any further obligation of the Company under such Long-Term
Performance Awards  whatsoever, or may take any other or further action or
combination of actions as it may determine with respect to the other terms of
such Long-Term Performance Awards.

          d.  Form of Payment.  The earned portion of a Long-Term Performance
              ---------------
Award may be paid currently or on a deferred basis, together with such interest
or earnings equivalent as may be determined by the Board, in its sole
discretion.  Payment shall be made in the form of cash or whole Shares,
including Restricted Stock, either in a lump sum payment or in annual
installments commencing as soon as practicable after the end of the relevant
performance period, all as the Board shall determine at or after grant.  If and
to the extent a Long-Term Performance Award is payable in Shares and the full
amount of such value is not paid in Shares, then the Shares representing the
portion of the value of the Long-Term Performance Award not paid in Shares shall
again become available for award under the Plan, subject to Section 3(b).  A
Participant whose Long-Term Performance Award is payable in Shares or Restricted
Stock shall not have any rights as a shareholder until such share certificate or
share certificates have been issued to such Participant, and, if requested, the
Participant has given the representation described in Section 13(a) hereof.
Prior to any payment, the Board shall certify that all of the performance goals
or other material terms of the award have been met.

          SECTION 9.  Performance Shares.
                      ------------------

          a.  Awards and Administration.  The Board shall determine the persons
              -------------------------
to whom and the time or times at which Performance Shares shall be awarded, the
number of Performance Shares to be awarded to any such person, the duration of
the period (the "performance period") during which, and the conditions under
which, receipt of the Shares will be deferred, and the other terms and
conditions of the award in addition to those set forth below.

          The Board may condition the receipt of Shares pursuant to a
Performance Share award upon the attainment of specified performance goals or
such other factors or criteria as the Board shall determine, in its sole
discretion.

          The provisions of Performance Share awards need not be the same with
respect to each Participant, and such awards to individual Participants need not
be the same in subsequent years.

                                      -16-
<PAGE>

          b.  Terms and Conditions.  Performance Shares awarded pursuant to this
              --------------------
Section 9 shall be subject to the following terms and conditions and such other
terms and conditions, not inconsistent with the terms of this Plan, as the Board
shall deem desirable:

             (i)   Conditions.  The Board, in its sole discretion, shall specify
                   ----------
the performance period during which, and the conditions under which, the receipt
of Shares covered by the Performance Share award will be deferred.

             (ii) Share Certificate.  At the expiration of the performance
                  -----------------
period, if the Board, in its sole discretion, determines that the conditions
specified in the Performance Share agreement have been satisfied, a share
certificate or share certificates evidencing the number of Shares covered by the
Performance Share award shall be issued and delivered to the Participant. A
Participant shall not be deemed to be the holder of Shares, or to have the
rights of a holder of Shares, with respect to the Performance Shares unless and
until a share certificate or share certificates evidencing such Shares are
issued to such Participant.

             (iii)  Death, Disability or Retirement.  Subject to the
                    -------------------------------
provisions of the Plan, if a Participant terminates service with the Company
during a performance period because of death, Disability or Retirement, such
Participant (or his estate) shall be entitled to receive, at the expiration of
the performance period, a percentage of Performance Shares that is equal to the
percentage of the performance period that had elapsed as of the date of
termination, provided that the Board, in its sole discretion, determines that
the conditions specified in the Performance Share agreement have been satisfied.
In such event, a share certificate or share certificates evidencing such Shares
shall be issued and delivered to the Participant or the Participant's estate, as
the case may be.

             (iv) Termination of Service.  Unless otherwise determined by the
                  ----------------------
Board at the time of grant, the Performance Shares will be forfeited upon a
termination of service during the performance period for any reason other than
death, Disability or Retirement.

             (v) Change of Control.  In the event of a Change in Control, the
                 -----------------
Board may, in its sole discretion, cause all conditions applicable to the
Performance Shares to immediately terminate and a share certificate or share
certificates evidencing Shares subject to the Share award to be issued and
delivered to the Participant. Notwithstanding the foregoing, in the event of a
Change of Control, the Board may, in its sole discretion, cause all outstanding
Performance Shares to immediately become fully terminable without any further
obligation of the Company under such Performance Shares whatsoever, or may take
any other or further action or combination of actions as it may determine with
respect to the other terms of such Performance Shares.

          SECTION 10.  Performance Units.
                       -----------------

                                      -17-
<PAGE>

          a.  Awards and Administration.  The Board shall determine the persons
              -------------------------
to whom and the time or times at which Performance Units shall be awarded, the
number of Performance Units to be awarded to any such person, the duration of
the period (the "performance period") during which, and the conditions under
which, a Participant's right to Performance Units will be vested, the ability of
Participants to defer the receipt of payment of such Performance Units, and the
other terms and conditions of the award in addition to those set forth below.

          A Performance Unit shall have a dollar value, which shall be set from
time to time by the Board.

          The Board may condition the vesting of Performance Units upon the
attainment of specified performance goals or such other factors or criteria as
the Board shall determine, in its sole discretion.

          The provisions of Performance Unit awards need not be the same with
respect to each Participant, and such awards to individual Participants need not
be the same in subsequent years.

          b.  Terms and Conditions.  Performance Units awarded pursuant to this
              --------------------
Section 10 shall be subject to the following terms and conditions and such other
terms and conditions, not inconsistent with the terms of this Plan, as the Board
shall deem desirable:

             (i) Conditions.  The Board, in its sole discretion, shall
                 ----------
specify the performance period during which, and the conditions under which, the
Participant's right to Performance Units will be vested.

             (ii) Vesting.  At the expiration of the performance period, the
                  -------
Board, in its sole discretion, shall determine the extent to which the
performance goals have been achieved, and the percentage of the Performance
Units of each Participant that have vested.

             (iii)  Death, Disability or Retirement.  Subject to the provisions
                    -------------------------------
of this Plan, if a Participant terminates service with the Company during a
performance period because of death, Disability or Retirement, such Participant
(or the Participant's estate) shall be entitled to receive, at the expiration of
the performance period, a cash distribution equal to the value of a percentage
of Performance Units that is equal to the percentage of the performance period
that had elapsed as of the date of termination, provided that the Board, in its
sole discretion, determines that the conditions specified in the Performance
Unit agreement have been satisfied, and payment thereof shall be made to the
Participant or the Participant's estate, as the case may be.

                                      -18-
<PAGE>

             (iv) Termination of Service.  Unless otherwise determined by the
                  ----------------------
Board at the time of grant, the Performance Units will be forfeited upon a
termination of service during the performance period for any reason other than
death, Disability or Retirement.

             (v) Change of Control.  In the event of a Change in Control, the
                 -----------------
Board, may, in its sole discretion, cause all conditions applicable to the
Performance Units to immediately terminate and cash representing the full amount
of such award to be paid to the Participant.  Notwithstanding the foregoing, in
the event of a Change of Control, the Board may, in its sole discretion, cause
all outstanding Performance Units to immediately become fully terminable without
any further obligation of the Company under such Performance Units whatsoever,
or may take any other or further action or combination of actions as it may
determine with respect to the other terms of such Performance Units.

          SECTION 11.  Amendments and Termination.  The Board may amend, alter
                       --------------------------
or discontinue the Plan at any time, but no amendment, alteration or
discontinuation shall be made which would impair the rights of a Participant
with respect to an Option, SAR, Restricted Stock, Long-Term Performance Award,
Performance Share or Performance Unit which has been granted under the Plan,
without the Participant's consent, or which, without the approval of such
amendment within one year (365 days) of its adoption by the Board, by a majority
of the votes cast at a duly held shareholder meeting at which a quorum
representing a majority of the Company's outstanding voting shares is present
(either in person or by proxy), would:

          a.  except as expressly provided in the Plan, increase the total
number of Shares reserved for the purposes of the Plan;

          b.  change the persons or class of persons eligible to participate in
the Plan; or

          c.  extend the maximum Option term under Section 5(b) of the Plan.

          The Board may substitute new Options for previously granted Options,
including previously granted Options having higher exercise prices.

          Subject to the above provisions, the Board shall have broad authority
to amend the Plan to take into account changes in applicable tax laws and
accounting rules, as well as other developments.

          SECTION 12.  Unfunded Status of Plan.  The Plan is intended to
                       -----------------------
constitute an "unfunded" plan for incentive and deferred compensation.  With
respect to any payments not yet made to a Participant by the Company, nothing
contained herein shall give any such Participant any rights that are greater
than those of a general creditor of the Company.  In its sole discretion, the
Board may authorize the creation of trusts or other arrangements to meet the
obligations created under the Plan to deliver Shares or payments in lieu of
Shares or with respect to awards hereunder.

                                      -19-
<PAGE>

          SECTION 13.   General Provisions.
                        ------------------

          a.  The Board may require each person acquiring Shares or a Share-
based award under the Plan to represent to and agree with the Company in writing
that the Participant is acquiring the Shares or Share-based award for investment
purposes and without a view to distribution thereof and as to such other matters
as the Board believes are appropriate to ensure compliance with applicable
Federal and state securities laws.  The certificate evidencing such award and
any securities issued pursuant thereto may include any legend which the Board
deems appropriate to reflect any restrictions on transfer and compliance with
securities laws.

          All certificates for Shares or other securities delivered under the
Plan shall be subject to such share-transfer orders and other restrictions as
the Board may deem advisable under the rules, regulations, and other
requirements of the Securities Act of 1933, as amended, the Exchange Act, any
stock exchange upon which the Shares are then listed, and any other applicable
Federal or state securities laws, and the Board may cause a legend or legends to
be put on any such certificates to make appropriate reference to such
restrictions.

          b.  Nothing contained in the Plan shall prevent the Board from
adopting other or additional compensation arrangements, subject to shareholder
approval if such approval is required; and such arrangements may be either
generally applicable or applicable only in specific cases.

          c.   The adoption of the Plan shall not confer upon any employee of
the Company or a Subsidiary any right to continued employment with the Company
or such Subsidiary, nor shall it interfere in any way with the right of the
Company or such Subsidiary to terminate the employment of any of its employees
at any time.

          d.  No later than the date as of which an amount first becomes
includable in the gross income of the Participant for Federal income tax
purposes with respect to any award under the Plan, the Participant shall pay to
the Company, or make arrangements satisfactory to the Board regarding the
payment, of any Federal, state or local taxes of any kind required by law to be
withheld with respect to such amount.  Unless otherwise determined by the Board,
the minimum required withholding obligations may be settled with Shares,
including Shares that are part of the award that gives rise to the withholding
requirement.  The obligations of the Company under the Plan shall be conditional
on such payment or arrangements and the Company shall, to the extent permitted
by law, have the right to deduct any such taxes from any payment of any kind
otherwise due to the Participant.

                                      -20-
<PAGE>

          e.  At the time of grant of an award under the Plan, the Board may
provide that the Shares received as a result of such grant shall be subject to a
right of first refusal, pursuant to which the Participant shall be required to
offer to the Company any Shares that the Participant wishes to sell, with the
price being the then Fair Market Value of the Shares, subject to such other
terms and conditions as the Board may specify at the time of grant.

          f.  The reinvestment of distributions or dividends in additional
Restricted Stock (or in other types of Plan awards) at the time of any
distribution or dividend payment shall only be permissible if sufficient Shares
are available under Section 3 of the Plan for such reinvestment (taking into
account then outstanding Options and other Plan awards).

          g.  The Board shall establish such procedures as it deems appropriate
for a Participant to designate a beneficiary to whom any amounts payable in the
event of the Participant's death are to be paid.

          h.  The Plan and all awards made and actions taken thereunder shall be
governed by and construed in accordance with the laws of the Commonwealth of
Pennsylvania.

          SECTION 14. Effective Date of Plan.  This Plan shall become effective
                      ----------------------
on the date that it is adopted by the Board; provided, however, that it shall
                                             --------  -------
not be an Incentive Stock Option Plan if it is not approved, within one year
(365 days) of its adoption by the Board, by a majority of the votes cast at a
duly held shareholder meeting at which a quorum representing a majority of
Company's outstanding voting shares is present, either in person or by proxy.
The Board may make awards hereunder prior to approval of the Plan; provided,
                                                                   --------
however, that any and all Incentive Stock Options so awarded automatically shall
-------
be converted into Non-Qualified Stock Options if the Plan is not approved by
shareholders within 365 days of its adoption.

          SECTION 15. Term of Plan.  No Option, SAR, Restricted Stock, Long-Term
                      ------------
Performance Award, Performance Share or Performance Unit shall be granted
pursuant to the Plan on or after the tenth (10th) anniversary of the date of
shareholder approval of the Plan, but awards granted prior to such tenth (10th)
anniversary may extend beyond that date.

                                      -21-

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