Document:

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                                                                    EXHIBIT 10.7

                             EMPLOYMENT AGREEMENT
                             --------------------

          THIS EMPLOYMENT AGREEMENT  (the  "Agreement") is entered into as of
the 1st day of November, 1999, by and between Susie L. Nemeti ("Employee") and
Optical Communication Products, Inc., a California corporation ("Company").

                                   RECITALS:

          1.   The Company has been formed for the purpose of developing,
manufacturing and selling optical communication interface components and
subsystems for use in optical fiber interface components and subsystems for use
in optical fiber communications systems.

          2.   Employee has previous experience in the businesses conducted and
to be conducted by the Company and is a stockholder of the Company.

                                  COVENANTS:

          In consideration of the recitals and mutual covenants contained
herein, the parties agree that:

          1.   The Company will employ Employee to serve as Chief Financial
Officer, Secretary, and Vice President of Finance and Administrative, in
connection with the Company's operations and Employee does hereby accept such
employment, all subject to the terms and provisions of this Agreement. Employee
represents that she is legally free to enter into this agreement and that it
does not conflict with any of her duties or obligations to any other person and
that she is not in any way restricted by any duties or obligations to any other
person from contributing her full knowledge and talents to the Company in
performing her duties hereunder.

          2.   This Agreement shall have an initial one-year term, which shall
be automatically renewed each year unless the Company, upon thirty (30) days
prior written notice, notifies Employee of its intent not to renew the
Agreement, with the consequences hereinafter set forth. Notwithstanding the
foregoing, the Company or the Employee may at any time terminate this Agreement
and the employment relationship on thirty (30) days' prior written notice to the
other, with the consequences hereinafter set forth.

          3.   During the year ending 2000, the Company agrees to compensate
Employee (from the commencement of this Agreement) at the rate of not less than
$132,300 per year from which the Company shall withhold and deduct all
applicable federal and state income, social security and disability taxes as
required by applicable laws. Thereafter, Employee's annual compensation shall be
subject to annual review and shall be established by the Board of Directors of
the Company, but in no event shall Employee's minimum compensation be reduced
below $132,300 per year. Such compensation shall be payable every two weeks or
on such other basis as the Company may establish.
<PAGE>

          4.   Annual bonuses may be paid to Employee in the discretion of the
Company's Board of Directors, but this paragraph should not be construed as
creating any duty on the part of the Company to declare or pay any bonuses to
Employee.

          5.   Employee agrees to devote her entire working time, attention and
energies to the business of the Company and agrees to perform such reasonable
responsibilities and duties as may be assigned to her from time to time by the
Company's Board of Directors, which shall be consistent with her position as
Chief Financial Officer, Secretary, and Vice President of Finance and
Administrative.  In no event shall the Employee be precluded from activities in
professional societies, or from lecturing or writing in areas of her
professional expertise, for reasonable periods and Employee shall be entitled to
retain honoraria, publication royalties and similar compensation paid as a
result of such activities.

          6.   Employee shall be entitled to reimbursement by the Company for
such customary, ordinary and necessary business expenses as are incurred by her
in the performance of her duties and activities associated with promoting or
maintaining the business of the Company. All expenses as described in this
paragraph will be reimbursed only upon presentation by Employee of such
documentation as may be reasonably necessary to substantiate that all such
expenses were incurred in the performance of her duties.

          7.   Upon the termination of Employee's employment with the Company
and the concurrent or subsequent sale or other disposition by the Employee of
all of Employee's shares of stock in the Company, Employee agrees to refrain
from carrying on a business similar to Company's business within any county or
counties in which Company has done and continues to do business, for a period of
six months or, if Employee's employment is terminated pursuant to Paragraph 12
(e) or 12 (f), then for as long as the Employee receives salary payments from
the Company.

          8.   As a condition of employment under this Agreement, Employee shall
execute the "Proprietary Rights and Confidentiality Agreement" attached hereto
as Exhibit A and made a part hereof by this reference.

          9.   During the term of this Agreement, Employee will undertake no
planning for or organization of any business activity competitive with the work
she performs as an employee of the Company, and Employee will not combine or
conspire with other employees of the Company for the purpose of organization of
any such competitive business activity. Employee acknowledges that she has no
confidentiality obligations whatsoever continuing to any previous employer and
relating to the business or proposed business of the Company.

          10.  Employee agrees to execute any and all documents and take any and
all other actions necessary or desirable for the assignment to the Company of
all of her interests in any patents or patentable ideas developed by her, alone
or in conjunction with others, in the course of her employment by the Company.

          11.  The parties hereto agree and acknowledge that many of the rights
conveyed by this Agreement are of a unique and special nature and that the
Company will not have an adequate remedy at law in the event of failure of
Employee to abide by its terms and

                                       2
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conditions, nor will money damages adequately compensate for such injury. It is,
therefore, agreed between the parties that in the event of breach by Employee of
Employee's agreement contained in paragraphs 7, 8, or 9 of this Agreement, the
Company shall have the rights, among other rights, to damages sustained thereby
and to a preliminary or permanent injunction to restrain Employee from the
prohibited acts. Employee agrees that this Paragraph (and Paragraphs 7, 8 and 9
as and to the extent referred to in this paragraph) shall survive the
termination of her employment for a period of six months or, if Employee's
employment is terminated pursuant to Paragraph 12(e) or 12(f), then for as long
as the Employee receives salary payments from the Company. Nothing herein
contained shall in any way limit or exclude any and all other rights granted by
law or equity to the Company.

          12.  a.   If the Company provides notice to Employee of its intent not
to renew the Agreement, as provided in Paragraph 2 of the Covenants to this
Agreement, Employee shall be entitled to payment of an amount equal to
Employee's salary and benefits at the time of termination for a period of six
months from the date of termination. Other than payment of this amount, the
Company shall have no further obligation to pay Employee any compensation or
benefits whatsoever.

               b.   This Agreement shall be terminated upon the death of
Employee. In such event, Employee shall be entitled to payment of Employee's
salary and benefits through one month after the date of Employee's death. Other
than payment of this amount, the Company shall have no further obligation to pay
Employee any compensation or benefits whatsoever.

               c.   If, in the sole opinion of the Company's Board of Directors,
Employee shall be prevented from properly performing her duties hereunder by
reason of any physical or mental incapacity or disability, for a period of more
than one hundred and twenty (120) days in the aggregate in any twelve-month
period, then, to the extent permitted by law, her employment with the Company
shall terminate. Employee shall be entitled in such event to payment of
Employee's salary and benefits through one month after the effective date of
termination upon disability. Other than payment of this amount, the Company
shall have no further obligation to pay Employee any compensation or benefits
whatsoever.

               d.   The Company reserves the right to terminate this agreement
immediately, at any time, if, in the reasonable opinion of the Company's Board
of Directors: Employee breaches or neglects the duties which she is required to
perform under the terms of this Agreement; commits any material act of
dishonesty, fraud, misrepresentation or other act of moral turpitude; is guilty
of gross carelessness or misconduct; fails to obey the lawful direction of the
Company's Board of Directors; or acts in any way that has a direct, substantial
and adverse effect on the Company's reputation. The Company's total liability to
Employee in the event of termination of Employee's employment under this section
shall be limited to the payment of Employee's salary and benefits through the
effective date of termination.

               e.   The Company reserves the right to terminate this Agreement
without cause, and for any reason whatsoever, upon 30 days' notice to Employee.
Upon termination under this subsection, Employee shall receive payment of an
amount equal to Employee's salary and benefits at the time of termination for a
period of six months from the

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date of termination. Other than payment of this amount, the Company shall have
no further obligation to pay Employee any compensation or benefits whatsoever.

               f.   This Agreement may be terminated upon mutual written consent
of the Company and Employee. Upon termination under this subsection, Employee
shall receive payment of an amount equal to Employee's salary and benefits at
the time of termination for a period of three months from the date of
termination. Other than payment of this amount, the company shall have no
further obligation to pay Employee any compensation or benefits whatsoever.

               g.   Upon termination of employment for any reason whatsoever,
Employee shall be deemed to have resigned from all offices then held with the
Company.

          13.  This Agreement and the documents referred to herein contain the
entire agreement of the parties relevant to the subject matter hereof, and it
may be amended only by a written document signed by all parties to this
agreement who are affected by the amendment.

          14.  This Agreement shall be governed by the laws of the State of
California, the principal place of business of the company.

          15.  If any provision of this Agreement is held by a court of
competent jurisdiction to be invalid, void or unenforceable, the remaining
provisions shall, nevertheless, continue in full force and effect without being
impaired or invalidated in any way.

          16.  The parties hereto shall not be deemed to have waived any of
their respective rights under this Agreement unless the waiver is in writing and
signed by such waiving party. No delay in exercising any right shall be a waiver
nor shall a waiver on one occasion operate as a waiver of such right on a future
occasion.

          17.  All notices provided for herein shall be in writing and shall be
deemed to have been given when delivered personally, when deposited in the
United States mail, registered or certified, postage prepaid, or when delivered
to an overnight courier guaranteeing next-day delivery, addressed as follows:

          To:  Optical Communications Products, Inc.
               20961 Knapp Street
               Chatsworth, California  91311

           To: Susie L. Nemeti
               10109 Milwood Avenue
               Chatsworth, California 91311

or at such other addresses as either of said parties may from time to time in
writing appoint.

          18.  This agreement is personal to employee and she may not assign or
delegate any of her rights or obligations hereunder without first obtaining the
written consent of the Company.

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          19.  With the exception of matters arising under Section 7 of this
Agreement, any controversy between the Company and Employee or between any
employee of the Company and Employee, including, but not limited to, those
involving the construction or application of any of the terms, provisions or
conditions of this agreement or otherwise arising out of or relating to this
Agreement, shall be settled by arbitration in accordance with the then current
commercial arbitration rules of the American Arbitration Association, and
judgment on the award rendered by the arbitrator(s) may be rendered by any court
having jurisdiction thereof. The Company and Employee shall share the cost of
the arbitrator equally but shall each bear their own costs and legal fees
associated with the arbitration. The location of the arbitration shall be in Los
Angeles, California.

          20.  This Agreement shall inure to the benefits of and be binding upon
the heirs, successors and assigns of the parties hereto.

          IN WITNESS WHEREOF, the parties have executed this Agreement by their
duly authorized officers or agents.

                                       EMPLOYEE:

                                       /s/ Susie L. Nemeti
                                       _________________________________________
                                       Susie L. Nemeti

                                       OPTICAL COMMUNICATION PRODUCTS, INC.

                                       By: /s/ Muoi Van Tran
                                          ______________________________________
                                          Chief Executive Officer and President

                                       5
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                                   EXHIBIT A
                                   ---------

               PROPRIETARY RIGHTS AND CONFIDENTIALITY AGREEMENT
               ------------------------------------------------

          In return for new or continued employment by Optical Communication
Products, Inc. (hereinafter, the "Company'), Employee acknowledges and agrees as
follows:

          1.   For the purposes of this Agreement:

               a.   "Information" shall mean any and all discoveries, ideas,
facts, or any other information relating to the operation of the Company's
business, of whatever type and in whatever form, which is disclosed or otherwise
made available to Employee by the Company in confidence, including, but not
limited to, all information relating to financial, personnel, sales, customers
and scientific matters of the Company, and any other discoveries, ideas,
business plans, or facts relating to any of the foregoing, whether developed by
Employee or by others;

               b.   "Trade Secret" shall mean any and all Information that
derives independent economic value, actual or potential, from not being
generally known to persons who can obtain economic value from its disclosure or
use, and that is the subject of reasonable efforts by the Company to maintain
its secrecy.

               c.   "Inventions" shall mean designs, trademarks, discoveries,
formulae, processes, manufacturing techniques, Trade Secrets, Information,
improvements, ideas or copyrightable works.

          2.   Employee understands that any and all Information and Trade
Secrets are received or developed by her and are disclosed to her in confidence,
and are to be used only for the purpose for which they are provided. During the
term of this employment with the Company or thereafter, Employee shall not,
directly or indirectly, except as required by the normal business of the Company
or expressly consented to in writing by the Board of Directors of the Company:

               a.   disclose, publish or make available any Information or Trade
Secrets, other than to an employee, officer or director of the Company who, in
the reasonable exercise of Employee's judgment, needs to know such Information
or Trade Secrets in order to perform her duties to the Company;

               b.   sell, transfer or otherwise use or exploit or permit the
sale, transfer, use or exploitation of the Information or Trade Secrets for any
purpose other than those for which they were provided; or

               c.   remove from the Company's premises or retain upon
termination any Information or Trade Secrets, any copies thereof or any tangible
or retrievable materials containing or constituting Information or Trade
Secrets.
<PAGE>

          3.   Upon termination of Employee's employment or upon request by the
Company, Employee shall return to the Company all tangible forms of Information
and Trade Secrets.

          4.   Employee understands that the Company is the sole owner of any
and all property rights in Inventions, including, but not limited to, the right
to use, sell, license or otherwise transfer or exploit the Inventions, and the
right to make such changes in them and the uses thereof as the Company may from
time to time determine. Employee agrees to disclose and assign to the Company,
without further consideration, her entire right, title, and interest (throughout
the United States and in all foreign countries) free and clear of all liens and
encumbrances, in and to all Inventions, which shall be the sole property of the
Company, whether or not patentable. Employee also agrees to cooperate with the
Company both during and after employment in obtaining and enforcing patents,
copyrights, and other protection of the Company's rights in Inventions. As
provided in Section 2870 of the California Labor Code, this section 4 does not
apply to any inventions:

               a.   for which no equipment, supplies, facility, or Trade Secrets
of the Company were used;

               b.   which was developed entirely on Employee's own time; and

               c.   which does not relate at the time of conception or reduction
to practice to the Company's current business or its actual or demonstrably
anticipated research or development, or which does not result from any work
performed by Employee for the Company.

          5.   Employee certifies that she has no continuing obligations with
respect to the assignment of Inventions or the worldwide copyrights to
Inventions, nor does Employee claim any previous uncopyrighted Inventions within
the scope of this Agreement as Employee's own, except for the Inventions, if
any, which Employee has listed in Appendix A to this Agreement.

          6.   Employee certifies that there is no other contract or duty on
Employee's part now in existence to assign Inventions. Employee will not
disclose or induce the Company to use any confidential information or material
that Employee is now or shall become aware of which belongs to anyone other than
the Company.

          7.   This Agreement does not constitute a contract of employment and
does not in any way restrict Employee's right or the right of the Company to
terminate Employee's employment.

Dated:                                      /s/ Susie L. Nemeti
      _________________________             ____________________________________
                                            Employee

                                       7
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                                  APPENDIX A
                                  ----------

          I have made or improved the following Inventions and claim sole right
to them.  I include below the names of co-inventors or employers to whom I owe a
continuing obligation with respect to these Inventions.

Dated:_________________________             ____________________________________
                                            Employee<PAGE>

                                                                     EXHIBIT 4.1

                         ALPHA TECHNOLOGIES GROUP, INC.
                           RIGHTS EXERCISE AGREEMENT
                                 CUSIP NO.

   THE TERMS AND CONDITIONS OF THE RIGHTS OFFERING ARE SET FORTH IN THE
PROSPECTUS OF ALPHA TECHNOLOGIES GROUP, INC. (THE "COMPANY") DATED      , 2000
(THE "PROSPECTUS") AND ARE INCORPORATED HEREIN BY REFERENCE. COPIES OF THE
PROSPECTUS ARE AVAILABLE UPON REQUEST FROM THE COMPANY.

   THIS RIGHTS EXERCISE AGREEMENT MUST BE RECEIVED BY AMERICAN STOCK TRANSFER &
TRUST COMPANY AS THE SUBSCRIPTION AGENT WITH PAYMENT IN FULL BY 5:00 P.M., NEW
YORK CITY TIME, ON      , 2000 UNLESS EXTENDED BY THE COMPANY TO A DATE NOT
LATER THAN      , 2000.

   The rights which are exercisable by this Rights Exercise Agreement may be
exercised by duly completing FORM 1 (recordholders) or may be exercised through
a bank or broker ("Street Name" or beneficial holders) by duly completing FORM
2. Rightsholders are advised to review the Prospectus, copies of which are
available from American Stock Transfer & Trust Company as the Subscription
Agent, before exercising their rights. IMPORTANT: Complete the appropriate form
and SIGN as noted.

                                          ALPHA TECHNOLOGIES GROUP, INC.

                                          By: _________________________________

   AN EXERCISE OF RIGHTS EVIDENCED HEREBY IS IRREVOCABLE.

   FORM 1--RIGHTS EXERCISE AND SUBSCRIPTION: The undersigned stockholder of
record hereby irrevocably exercises    rights to subscribe for shares of common
stock as indicated below, on the terms and subject to the conditions specified
in the Prospectus, receipt of which is hereby acknowledged.

  (a) Number of shares of common stock that you own:        (please see your
      number of shares in the upper right hand corner of the label below)

  (b) Number of rights granted (one right for each 25 shares of common stock)

  (c) Number of shares of common stock subscribed for pursuant to Basic
      Subscription Privilege (one right needed for each full share);

  (d) Number of additional shares of common stock desired pursuant to
      Oversubscription Privilege, no shares may be subscribed for pursuant to
      the Oversubscription Privilege unless you fully exercise your Basic
      Subscription Privilege.:

  (e) Total exercise price (number of shares of common stock subscribed for
      pursuant to the Basic Subscription Privilege and desired pursuant to
      the Oversubscription Privilege times the exercise price of $   per
      share): $

   METHOD OF PAYMENT: CHECK, BANK DRAFT OR MONEY ORDER PAYABLE TO AMERICAN
STOCK TRANSFER & TRUST COMPANY AS SUBSCRIPTION AGENT.

   Amount: $
<PAGE>

                                   IMPORTANT:
                           RECORDHOLDER(S) SIGN HERE
                        AND COMPLETE SUBSTITUTE FORM W-9

                            [SIGN HERE]   _____________________________________
                                               (Signature(s) of Registered
                                                        Holder(s))
                                          _____________________________________
                                          Dated:        , 2000

   (Must be signed by the registered holder(s) exactly as name(s) appear(s) on
the stock certificate representing shares of Alpha Technologies Group, Inc. IF
signature is by trustee(s), executor(s), administrator(s), guardian(s),
attorney(s)-in-fact, agent(s), officer(s) or a corporation or another acting in
a fiduciary or representative capacity, please provide the following
information.)

                                          Name(s)
                                          _____________________________________
                                                     (Please Print)
                                          _____________________________________
                                          Capacity ____________________________
                                          Address _____________________________
                                                    (Including Zip Code)
                                          Area Code and
                                          Telephone Number ____________________
                                                               (Home)
                                                      _________________________
                                                             (Business)
                                          Tax Identification or
                                          Social Security No. _________________

                                             (Complete Substitute Form W-9)

                                                                     [SEE OVER]

   FORM 2--[FOR BENEFICIAL HOLDERS OF SHARES IN "STREET NAME" ONLY] TO EXERCISE
YOUR RIGHTS THROUGH YOUR BANK OR STOCK BROKER: Please print the name and
address of your Bank or Broker as the Registered Holder of your shares in full
below, sign and date as indicated, and make arrangements with your bank or
broker for payment for the shares:
     Name: _________________________________________________________
                        (Name of Bank or Broker)
     Address: ______________________________________________________
     _______________________________________________________________
     DTC Participant Number
     (if applicable) _______________________________________________

                                       2
<PAGE>

                                   IMPORTANT:
                         BENEFICIAL HOLDER(S) SIGN HERE
                        AND COMPLETE SUBSTITUTE FORM W-9

                            [SIGN HERE]   _____________________________________
                                               (Signature(s) of Registered
                                                        Holder(s))
                                          _____________________________________
                                          Dated:        , 2000

       * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

   FORM 3--SPECIAL DELIVERY INSTRUCTIONS: Name and/or address for mailing any
stock certificate if other than shown on the Company's records:
        Name: ______________________________________________________
        Address: ___________________________________________________
                             _____________________
                              (including zip code)

PAYER'S NAME:              ALPHA TECHNOLOGIES GROUP, INC.

SUBSTITUTE FORM W-9        PART 1-PLEASE PROVIDE      TIN: ____________________
                           YOUR TIN ON THE LINE AT
                           RIGHT AND CERTIFY BY
                           SIGNING AND DATING
                           BELOW.

                                                      Social Security Number
                                                      or Employer
                                                      Identification Number

DEPARTMENT OF THE          ____________________________________________________
TREASURY INTERNAL                          Name (Please Print)
REVENUE SERVICE            ____________________________________________________
                                                 Address

                                                      PART 2-For Payees (i.e.,
                                                      corporations and certain
                                                      foreign individuals)
                                                      exempt from backup
                                                      withholding, please
                                                      write "exempt"
                                                      _________________________
                           ____________________________________________________
                                           City State Zip Code

                                       3
<PAGE>

PAYER'S REQUEST FOR        PART 3-CERTIFICATION. UNDER PENALTIES OF PERJURY, I
TAXPAYER IDENTIFICATION    CERTIFY THAT (1) the number shown on this form is
NUMBER ("TIN")             my correct taxpayer identification number (or a TIN
                           has not been issued to me but I have mailed or
                           delivered an application to receive a TIN or will
                           do so in the near future), (2) I am not subject to
                           backup withholding either because I have not been
                           notified by the Internal Revenue Service (the
                           "I.R.S.") that I am subject to backup withholding
                           as a result of a failure to report all interest or
                           dividends or the I.R.S. has notified me that I am
                           no longer subject to backup withholding, and (3)
                           all other information provided on this form is
                           true, correct and complete.

                           [SIGN HERE]    SIGNATURE ___________________________
                                          DATE ________________________________

                           You must cross out item (2) above if you have been
                           notified by the I.R.S. that you are currently
                           subject to backup withholding because of under
                           reporting interest or dividends on your tax return.
                           However, if after being notified by the I.R.S. that
                           you were subject to backup withholding, you
                           received another notification from the I.R.S. that
                           you are no longer subject to backup withholding, do
                           not cross out item (2).

               * * * * * * * * * * * * * * * * * * * * * * * * *

RECORDHOLDERS:             PLEASE REMOVE THE INSTRUCTIONS/TAX INFORMATION PAGE
                           THAT FOLLOWS AND RETURN THE RIGHTS EXERCISE
                           AGREEMENT AND FORM W-9 TO THE SUBSCRIPTION AGENT IN
                           THE ENCLOSED ENVELOPE.

"STREET NAME"/             PLEASE REMOVE THE INSTRUCTIONS/TAX INFORMATION PAGE
BENEFICIAL HOLDERS:        AND RETURN THE RIGHTS EXERCISE AGREEMENT AND FORM
                           W-9 TO YOUR BROKER/BANK IN THE ENVELOPE PROVIDED BY
                           YOUR BROKER/BANK.

                                       4
<PAGE>

                                  INSTRUCTIONS

   1. DELIVERY OF RIGHTS EXERCISE AGREEMENT. This rights exercise agreement,
duly completed and signed, must be used in connection with any exercise of
rights and purchase of the Company's common stock. [The number of subscription
rights (the "Rights") to which you are entitled is printed on your rights
exercise agreement.] A rights exercise agreement must be received by American
Stock Transfer & Trust Company as Subscription Agent, in reasonably
satisfactory form, accompanied by the delivery of a check representing the
exercise price per share of the shares purchased. The method of delivery of the
rights exercise agreement for the Company's common stock and other documents is
at the option and risk of the stockholder. Exercise of rights for the Company's
common stock by mail or by overnight courier may be made to American Stock
Transfer & Trust Company as the Subscription Agent at the address indicated
therefor on the first page of this rights exercise agreement. Delivery may also
be made to American Stock Transfer & Trust Company in person at      , from
  a.m. to   p.m. local time, Monday through Friday. The Rights will expire at
5:00 p.m., New York time, on      , 2000, subject to extension as described in
the Prospectus.

   Each Right entitles a holder (a "Holder") to purchase one share of common
stock (the "Basic Subscription Privilege") at $   per share (the "Subscription
Price"). Subject to the allocation described below, each Right entitles its
holder to subscribe for one share of common stock of the Company at a price of
$   after satisfaction of all subscriptions made pursuant to the Basic
Subscription Privilege (the "Oversubscription Privilege"; collectively, with
the Basic Subscription Privilege, the "Subscription Privileges"), provided that
all of the Rights of such Holder have been fully exercised with respect to such
holder's Basic Subscription Privilege. The Company and American Stock Transfer
& Trust Company, as subscription agent (the "Subscription Agent"), will
endeavor to use their best efforts to ensure that holders fully exercise their
Basic Subscription Privileges before subscribing for and acquiring shares of
common stock pursuant to their Oversubscription Privileges, but such compliance
cannot be guaranteed. Shares of common stock will be available for purchase
pursuant to the Oversubscription Privilege only to the extent that all shares
of common stock are not subscribed for through the exercise of the Basic
Subscription Privilege by the Expiration Date (the "Excess Shares"). If the
Excess Shares so available are not sufficient to satisfy all subscriptions
pursuant to the Oversubscription Privilege, the Excess Shares will be allocated
pro rata among the Holders who exercise the Oversubscription Privilege in
proportion, not to the number of shares requested pursuant to the
Oversubscription Privilege, but to the number of shares they have subscribed
for pursuant to the Basic Subscription Privilege; provided, however, that if
such pro rata allocation results in any Holder being allocated a greater number
of Excess Shares than such Holder subscribed for pursuant to the exercise of
such Holder's Oversubscription Privilege, then such Holder will be allocated
only such number of Excess Shares as such Holder subscribed for and the
remaining Excess Shares will be allocated among all other Holders exercising
their Oversubscription Privileges. See "The Rights Offering" in the Prospectus.

   2. INADEQUATE SPACE. If the space provided herein is inadequate, the name
and address of the registered holder and the number of shares of the Company's
common stock represented by the rights exercise agreement should be listed on a
separate signed schedule attached hereto.

   3. SIGNATURES ON RIGHTS EXERCISE AGREEMENT. If any rights exercise agreement
delivered herewith is related to rights owned of record by two or more joint
owners, all such owners must sign the rights exercise agreement. If any shares
of the Company's common stock are registered in different names on several
certificates, it will be necessary to complete, sign and submit as many
separate rights exercise agreements as there are different registrations of
ownership.

   If this rights exercise agreement is executed by trustees, executors,
administrators, guardians, attorneys-in-fact, officers of corporations or
others acting in a fiduciary or representative capacity, such persons should so
indicate when signing, and evidence reasonably satisfactory to the exercise
agent of their authority so to act must be submitted.

   4. STOCK TRANSFER TAXES. The Company's will pay or cause to be paid any
state stock transfer taxes applicable to the delivery of the Company's common
stock.

                                       5
<PAGE>

   5. VALIDITY OF EXERCISE; IRREGULARITIES. All questions as to validity, form
and eligibility of any surrender, exercise of rights and subscription for
shares of the Company's common stock hereunder will be reasonably determined by
the Company's, and such determination shall be final and binding. The Company's
reserves the right to waive any irregularities or defects in the exercise of
any right(s), and its interpretation of the terms and conditions of the rights
offering and of this rights exercise agreement (including these instructions)
with respect to such irregularities or defects shall be final and binding. A
rights exercise will not be deemed to have been made until all irregularities
have been cured or waived. The exercise agent shall return to the tendering
holder(s), as soon as is reasonably practicable, any rights exercise
agreement(s) that have not been properly tendered and as to which the
irregularities or defects were not cured or waived.

   6. SPECIAL DELIVERY INSTRUCTIONS. Indicate in the Special Delivery
Instructions box the name and address of the person in whose name the
certificate for the the Company's common stock is to be delivered if the
certificate is to be delivered to someone other than the person(s) signing this
rights exercise agreement.

   7. SUBSTITUTE FORM W-9. Each stockholder exercising rights is required to
provide the exercise agent with a correct Taxpayer Identification Number
("TIN") on Substitute Form W-9 and make the certification required on that
form. Failure to provide the information on such form may subject such
stockholder to 31% federal income tax withholding on future payments, if any,
for the shares of common stock purchased. If the stockholder has not been
issued a TIN and has applied for a number or intends to apply for a number in
the near future, Part 1 of Substitute Form W-9 may be completed by writing
"Applied For" in the space for the TIN.

   [SEE OVER]

IMPORTANT TAX INFORMATION

   Under federal income tax law, a stockholder purchasing the Company's common
stock upon the exercise of rights is required to provide the exercise agent
with such stockholder's correct taxpayer identification number on Substitute
Form W-9 and make the certification required on that form. If such stockholder
is an individual, the taxpayer identification number is his social security
number. If the exercise agent is not provided with the correct taxpayer
identification number, the stockholder may be subject to a $50 penalty imposed
by the Internal Revenue Service and any future payment made to such stockholder
with respect to his certificate(s) may be subject to backup withholding.

   Certain stockholders (including, among others, all corporations and certain
foreign individuals) are not subject to these backup withholding and reporting
requirements, although they may complete a Substitute Form W-9 to avoid
possible erroneous backup withholding (in which case, they should write
"exempt" in Part 2). In order for a foreign individual to qualify as an exempt
recipient, that stockholder (or his/her transferee) must submit a statement,
signed under penalties of perjury, attesting to that individual's exempt
status, such as a duly completed I.R.S. Form W-8. Such statement can be
obtained from the exercise agent. See the enclosed guidelines for certification
of taxpayer identification number on Substitute Form W-9 for additional
information.

   If backup withholding applies, the exercise agent is required to withhold
31% of any payments made to the stockholder. Backup withholding is not
additional tax. Rather, the tax liability of persons subject to backup
withholding will be reduced by the amount of tax withheld. If withholding
results in overpayment of taxes, a refund may be obtained from the I.R.S.

PURPOSE OF SUBSTITUTE FORM W-9

   To prevent backup withholding on any payment that is made to a the Company's
stockholder with respect to the Company's common stock subscribed for such
stockholder is required to notify the exercise agent of his correct taxpayer
identification number by completing the form above certifying that the taxpayer
identification number provided on Substitute Form W-9 is correct (or that such
stockholder is awaiting a taxpayer

                                       6
<PAGE>

identification number) and that (1) the stockholder has not been notified by
the Internal Revenue Service that he is subject to backup withholding as a
result of a failure to report all interest or dividends or (2) the Internal
Revenue Service has notified the stockholder that he is no longer subject to
backup withholding.

WHAT NUMBER TO GIVE THE EXERCISE AGENT

   The stockholder is required to give the exercise agent the social security
number or employee identification number of the record owner of the the
Company's common stock with respect the rights are exercised. If the shares are
held in more than one name or are not in the name of the actual owner, consult
the enclosed guidelines for certification of taxpayer identification number on
Substitute Form W-9 for additional guidance on which number to report.

   NOTE: FAILURE TO COMPLETE AND RETURN THE SUBSTITUTE FORM W-9 MAY RESULT IN
BACKUP WITHHOLDING OF 31% OF ANY FUTURE PAYMENTS MADE TO YOU ON YOUR THE
COMPANY'S SHARES. PLEASE REVIEW THE ENCLOSED GUIDELINES FOR CERTIFICATION OF
TAXPAYER IDENTIFICATION NUMBER ON SUBSTITUTE FORM W-9 FOR ADDITIONAL DETAILS.

                                       7

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