Document:

EXHIBIT 10.1
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              AGREEMENT AND LICENSE OF INTELLECTUAL PROPERTY RIGHTS
              -----------------------------------------------------

     This  Agreement  and  License  of  Intellectual  Property  Rights  (this
"AGREEMENT")  memorializes  in writing a verbal agreement made as of October 12,
2000  by  Colin  V.  Hall,  (collectively  and  on behalf of the "LICENSORS" per
Schedule  I)  and Solanex Management Inc. (formerly EcoSoil Management Corp.), a
Nevada  corporation  ("SOLANEX"  or  the  "COMPANY").

                                     CLAUSES
                                     -------

1.     LICENSE  OF NON EXCLUSIVE RIGHTS.  Through this instrument, the Licensors
       ---------------------------------
convey  and  license  to  the  Company  all of the Licensors' rights, titles and
interests  in  or  under  this  Agreement, including all rights of the Licensors
under  all  United  States, Federal, State or other "Governmental Authority" (as
defined  in  Section  3  below), copyright, trademark, trade secret, trade name,
service  mark,  service  name,  patent,  and  all other intellectual property or
industrial  property  laws  or  rights  of  any  type  or nature concerning this
Agreement  and  the  products  identified  in  Exhibit A of this Agreement.  The
foregoing license of rights by the Licensors to the Company is all-inclusive but
non  exclusive  and is without reservation of any right, title, interest or use,
whether  now  existing  or  subsequently  arising.

2.     PURCHASE  PRICE.    In  consideration of the license of the rights to the
       ---------------
intellectual property to Solanex, Solanex shall pay to Mr. Colin V. Hall the sum
of  two thousand dollars ($2,000.00) and further consideration of seven thousand
five  hundred  (7,500) common shares of Solanex.  Solanex additionally agrees to
issue  consideration  of  ten thousand (10,000) common shares of Solanex, issued
pro  rata, to the other Licensors per Schedule I. The Licensors acknowledge that
the  above  consideration  is  fair  and  reasonable  value for the Intellectual
Property  licensed  by  this  agreement.

3.     ROYALTIES.   The  Company agrees to pay a royalty to Mr. Colin V. Hall in
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the  amount  of seven (7) per cent of gross revenue derived from the sale or use
of  the  Thermal  Destructor  for  the  term  of  this  license.

4.     FURTHER  INSTRUMENTS.  The parties shall execute, acknowledge and deliver
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to the Company, within five (5) days of the Company's request for the same, such
further  instruments  and  documents,  including subscription agreements, as the
Company  may request from time to time to facilitate registration of any filings
or  record  the  transfers  made  in  this  Agreement  in  any public office, or
otherwise  to  give  notice  or  evidence  of  the Company's exclusive rights to
exploit  the  products  identified  in  this  Agreement.

5.     GOVERNMENTAL  AUTHORITY DEFINITIONS.  For purposes of this Agreement, the
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following  terms shall have the following meanings: (i) the term "UNITED STATES"
shall  mean  the  United States of America, and all geographical territories and
subdivisions  of  the  United  States of America; (ii) the term  "OTHER NATIONS"

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shall  mean  each  country, principality or other independent territory and each
subdivision  thereof,  which  is not a part of the United States; (iii) the term
"SUPRA-NATIONAL  AUTHORITY"  shall  mean the European Union, the United Nations,
the  World  Court, the Commonwealth, the North Atlantic Treaty Organization, the
General  Agreement on Tariffs and Trade, the North American Free Trade Agreement
and all other multi-national authorities or treaties which have or may have from
time  to  time  jurisdiction over any of the parties to or any performance under
this  Agreement;  and  (iv)  the  term  "GOVERNMENTAL  AUTHORITY" shall mean any
subdivision,  agency,  branch,  court,  administrative  body,  legislative body,
judicial  body,  alternative  dispute resolution authority or other governmental
institution  of  (A)  the  United  States,  (B) any state, municipality, county,
parish,  subdivision  or  territory of the United States, (C) all other Nations,
(D)  any  state,  territory,  county,  province,  municipality,  parish or other
subdivision  of  any  Other  Nations,  and  (E)  all Supra-National Authorities.

6.     NO  ASSIGNMENT.  The  Company may not assign any of its rights, duties or
       ---------------
obligations under this Agreement without obtaining the prior, written consent of
the  Licensors,  which  consent the Licensors may give or withhold in their sole
discretion.

7.     BINDING  EFFECT.  This  Agreement  is binding upon and shall inure to the
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benefit  of  the Company, its successors and assigns and the Licensors and their
successors  and  assigns.  This  Agreement  supersedes any prior understandings,
written  agreements or oral arrangements between the parties, which concerns the
subject  matter  of  this  Agreement.  This  Agreement  constitutes the complete
understanding  among  the  parties,  and no alteration or modification of any of
this  Agreement's  provisions  will be valid unless made in a written instrument
that  all  the  parties  sign.

8.     APPLICABLE  LAW.  The  laws  of  the  State  of  Nevada (other than those
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pertaining  to  conflicts  of  law)  shall govern all aspects of this Agreement,
irrespective  of the fact that one or more of the parties now is or may become a
resident  of  a  different  state.

     DATED,  this  6th  day  of  February,  2002.

COLIN  V.  HALL,  individually                       SOLANEX  MANAGEMENT  INC.,
and  on  behalf  of  the  other  Licensors           a  Nevada  Corporation

/s/    Colin  Hall                                     /s/    Piers  VanZiffle
------------------                                   -------------------------
Colin  V.  Hall                                      By:      Piers  VanZiffle
                                                        ----------------------
                                                     Its:     President
                                                              ---------------

<PAGE>

                                   SCHEDULE I
                                   ----------

Pursuant to the Agreement and License of Intellectual Property Rights made as of
October  12, 2000 (the "Agreement"), we, the undersigned, hereby authorize Colin
Hall to sign the Agreement on our behalf and by our signatures below acknowledge
our license of any interest we have, either individually or collectively, in the
Intellectual  Property,  as defined in the Agreement, to Solanex Management Inc.
as  of  the date of the Agreement.   In exchange for such license, we accept the
number  of  shares  appearing  by  our  signatures  below.

                                         NUMBER  OF
                                         ----------
     NAME  OF  ASSIGNOR               SHARES  RECEIVED             DATE
     ------------------               ----------------             ----

POPCORN  HOLDINGS  INC.,                      1,000            February  6, 2002
                                           ----------          -----------------
By:      /s/Anne  Verhoeve
        ------------------
Name:   Anne  Verhoeve,Vice  President
        ------------------------------

Signature:     /s/Vivian Lundgren             1,000            February 6, 2002
               ------------------          ----------         -----------------
Name:          Vivian  Lundgren
               ----------------

Signature:     /s/ Myrna Halpenny             1,000            February 6, 2002
               ------------------          ----------         -----------------
Name:          Myrna  Halpenny
               ---------------

Signature:     /s/ Bernard Hughes             1,000            February 6, 2002
               ------------------          -----------        -----------------
Name:          Bernard  Hughes
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EAGLE  TRANSPORT,                             1,000            February  6, 2002
                                           ----------         ------------------
By:     /s/  Lorenzo  Oliva
        -------------------
Name:   Lorenzo  Oliva,  Vice  President
      ----------------------------------

DAVLAUR  EQUITIES S.A.,                        1,000           February 6, 2002
                                            ----------        -----------------
By:     /s/  Anthony  Remedios
        ----------------------
Name:   Anthony  Remedios,Vice  President
        ---------------------------------

Signature:     /s/ Tove Chen                   1,000           February 6, 2002
               -------------               ----------         -----------------
Name:          Tove  Chen
               ----------

<PAGE>

                                       NUMBER  OF
                                         ----------
     NAME  OF  ASSIGNOR               SHARES  RECEIVED             DATE
     ------------------               ----------------             ----

Signature:     /s/Dianne  Devine               1,000          February  6, 2002
               -----------------          -----------        ------------------
Name:          Dianne  Devine
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Signature:     /s/  Lyle Taylor                1,000          February 6, 2002
               ----------------           -----------        -----------------
Name:          Lyle  Taylor
               ------------

Signature:     /s/  Dana Remedios               1,000         February 6, 2002
               ------------------          -----------        ----------------
Name:          Dana  Remedios
               --------------

<PAGE>

                                    EXHIBIT A
                         SOLANEX TECHNOLOGY DESCRIPTION

A Thermal Destructor is a self contained, mobile, soil residue combustion system
for  visiting  each  contaminated site and sterilizing soil in-situ. The Thermal
Destructor  consists of a high efficiency, waste or gas-fired combustion chamber
and  a  new  generation  exhaust gas low-pressure drop, liquid scrubber, to trap
pollutants  in  air  emissions.

Wood  waste,  other  renewable  resource fiber fuel, or coal can be used for the
feedstock that provides the heat. Alternatively, natural gas can be used to fire
the  unit,.  The  unit  is  designed  to generate 40,000,000 BTU/hr for treating
contaminated  soil.  Soil  is  introduced into the flame center via a gas sealed
auger  which  feeds  the  remediation  chamber  which  is  a  rotating,  ceramic
insulated,  fluted  drum,  which  is inclined and tumbles the soil medium, while
transferring  it  to  the  exit  end  of  the  chamber, where it is augured to a
delivery  chute. Flame temperature is steam injection controlled to 2400 degrees
F  to  reduce  recombination  of  products  such  as  NOx,  SOx.

In  the primary stage of the reactor/generator, the auger-fed combustion medium,
60-80 mm. Sized wood waste chips, hog fuels, or waste derived densified or fluff
fuel,  is fired in a starved oxygen environment at a temperature circa 1250 f or
680  c  where  it  releases  combustion  gases,  which  include carbon monoxide,
hydrogen,  methane  and  other  complex  hydrocarbons.

The  gas is whirled in the reaction chamber of the primary unit and conveyed via
negative  pressure  into  intermediary  air  mixing  chambers, where directional
burner  rotate  and mix the gases with oxygen rich air to produce an inflammable
gas  mixture.

Highly  inflammable  gas  mixture  ignites in the secondary chamber to produce a
blue flame similar to that generated by fossil fuel natural gas. The temperature
at  the  tip  of  this  flame  is  high  enough  to  ensure  complete burnout of
particulate matter and to crack all the hydrocarbons and other gases. Due to the
prolonged  residence time of the medium in the primary chamber which is actually
enhanced  by  the  high  moisture content of green wood waste or processed solid
waste  fuel, complete reduction of the fuel-medium mass down to an insignificant
ash  volume  is  achieved.

Ash  drops  through the floor of the primary chamber by the intermittent release
of  drop  doors  in  the  hearth  burnout section and it is augured from the ash
holding  pan  to  be  combined  with  the  remediated  soil  at  the exit chute.

When  combustion  of  wastes  containing problem waste stream fractions, such as
heavy metals and aggregate occurs, the heat in the primary gasifier is kept to a
temperature  which  does  not  allow  melting  of  the  tramp  metals  and other
particles.  While the rest of the medium gasifies, these "heavy waste" items are
heat  purged  and  conveyed  out  with  the  ash  residue or screen for magnetic
separation.EXHIBIT 10.1

                           KESTREL ENERGY, INC.
                             STOCK OPTION PLAN
                        as amended December 6, 2001

     SECTION 1.  PURPOSE.  The purpose of the Kestrel Energy, Inc. (the
"Company") Stock Option Plan (the "Plan") is to provide incentives for
selected persons to promote the financial success and progress of the
Company by granting such persons options to purchase shares of stock of
the Company ("Option").

     SECTION 2.  GENERAL PROVISIONS OF THE PLAN.

     A.  ADMINISTRATION.  The Plan shall be administered by a committee
comprised of two or more directors designated by the Board of Directors of
the Company (the "Committee").  Notwithstanding the foregoing, if it would
be consistent with all applicable laws, including without limitation Rule
16b-3, 17 C.F.R. 240.16b-3 ("Rule 16b-3") promulgated under the Securities
Exchange Act of 1934 (the "Exchange Act"), then the Plan may be
administered by the Board of Directors, and, if so administered, all
subsequent references to the Committee shall refer to the Board of
Directors.  Any action of the Committee shall be taken by majority vote or
by written consent of the Committee members.

     B.  AUTHORITY OF THE COMMITTEE.  Subject to other provisions of the
Plan, and with a view towards furtherance of its purpose, the Committee
shall have sole authority and absolute discretion:

          1.  to construe and interpret the Plan;

          2.  to define the terms used herein;

          3.  to prescribe, amend and rescind rules and regulations
     relating to the Plan;

          4.  to determine the persons to whom Options shall be granted
     under the Plan;

          5.  to determine the time or times at which Options shall be
     granted under the Plan;

          6.  to determine the number of shares subject to each Option,
     the price and the duration of each Option;

          7.  to determine all of the other terms and conditions of
     Options; and

          8.  to make all other determinations necessary or advisable for
     the administration of the Plan and to do everything necessary or
     appropriate to administer the Plan.

All decisions, determinations and interpretations made by the Committee
shall be binding and conclusive on all participants in the Plan and on
their legal representatives, heirs and beneficiaries.

     C.  NUMBER OF SHARES SUBJECT TO THE PLAN.  The aggregate number of
shares of Common Stock subject to the Plan shall be 2,233,000, subject to
adjustment as provided in the Plan.  If any Options granted under the Plan
expire or terminate for any reason before they have been exercised in
full, the unpurchased shares shall again be available for the purposes of
the Plan.

     D.  ELIGIBILITY AND PARTICIPATION.  Subject to the terms of the Plan,
Options may be granted only to such employees, officers, directors,
consultants and advisors of the Company as the Committee shall select from
time to time in its sole discretion; provided, however, that consultants
and advisors shall be eligible only if they provide bona fide services
that are not rendered in connection with the offer or sale of securities
in a capital-raising transaction.  A person may be granted more than one
Option under the Plan.  Furthermore, notwithstanding any contrary
provision of the Plan, the Committee shall have no discretion to determine
the amount, price or timing of grants hereunder to Committee members,
except to the extent that the Committee's exercise of such authority is
consistent with all applicable laws, including, without limitation, Rule
16b-3.  Grants to Committee members shall be made in accordance with
Section 6 hereof.  Only employees of the Company shall be eligible to
receive Incentive Stock Options.

     E.  EFFECTIVE DATE OF PLAN.  The Plan shall be submitted to the
shareholders of the Company for their approval and adoption at a meeting
to be held on or about December 16, 1992, or at any adjournment thereof.
The Plan shall be effective upon approval and adoption by the
shareholders.  To the extent required by paragraph F, subsequent
amendments to the Plan shall be submitted to the Shareholders and such
amendments shall be effective upon such approval.  All other amendments
shall be effective upon adoption by the Committee.

     F.  TERMINATION AND AMENDMENT OF PLAN.  The Plan shall terminate ten
years after the date on which the shareholders approve the Plan, unless
sooner terminated by the Committee or the Board of Directors.  No Options
shall be granted under the Plan after that date.  Subject to the
limitation contained in paragraph E of this Section 2, the Committee or
the Board of Directors may at any time amend or revise the terms of the
Plan, including the form and substance of the Options to be used
hereunder, provided that no amendment or revision shall be made without
shareholders' approval which (i) increases the aggregate number of shares
that may be issued pursuant to Options granted under the Plan, except as
provided under paragraph G of this Section 2; or (ii) effects any change
to the Plan which is required to be approved by shareholders by law.

     G.  ADJUSTMENTS.  If the outstanding shares of the Company's Common
Stock are increased, decreased, changed into or exchanged for a different
number or kind of shares or securities through merger, consolidation,
combination, exchange of shares, other reorganization, recapitalization,
reclassification, stock dividend, stock split or reverse stock split, an
appropriate and proportionate adjustment shall be made in the aggregate
number and kind of shares reserved to the Plan.  A corresponding
adjustment changing the number or kind of shares allocated to unexercised
Options or portions thereof, which shall have been granted prior to any
such change, shall likewise be made.  Any such adjustment in outstanding
Options shall be made without change in the aggregate purchase price
applicable to the unexercised portion of the Option, but with a
corresponding adjustment in the price for each share covered by the
Option.

     H.  PRIOR OPTIONS AND OBLIGATIONS.  No amendment, suspension or
termination of the Plan shall, without the consent of the person who has
received an Option, alter or impair any of that person's Options or rights
or obligations under any Option granted under the Plan prior to that
amendment, suspension or termination.

     I.  PRIVILEGES OF STOCK OWNERSHIP.  Notwithstanding the exercise of
any Option granted hereunder, no person shall have any of the rights or
privileges of a shareholder of the Company in respect of any shares of
stock issuable upon the exercise of his or her Option until certificates
representing the shares have been issued and delivered.  No shares shall
be required to be issued and delivered upon exercise of any Option until
there has been full compliance with all of the requirements of law and of
all regulatory agencies having jurisdiction over the issuance and delivery
of the securities.

     J.  RESERVATION OF SHARES OF COMMON STOCK.  During the term of the
Plan, the Company will at all times reserve and keep available for
issuance a sufficient number of shares of its Common Stock to satisfy the
requirements of the Plan.  In addition, the Company will from time to
time, as is necessary to accomplish the purposes of the Plan, seek or
obtain from any regulatory agency having jurisdiction all requisite
authority necessary to issue shares of Common Stock hereunder.  The
inability of the Company to obtain from any regulatory agency having
jurisdiction the authority deemed by the Company's counsel to be necessary
to the lawful issuance of any shares of its stock hereunder shall relieve
the Company of any liability in respect of the nonissuance of the stock as
to which the requisite authority shall not have been obtained.

     K.  TAX WITHHOLDING.  The exercise of any Option is subject to the
condition that if at any time the Company shall determine, in its
discretion, that the satisfaction of withholding tax or other withholding
liabilities under any state or federal law is necessary or desirable as a
condition of, or in connection with, such exercise or the delivery or
purchase of shares pursuant thereto, then in such event, the exercise of
the Option shall not be effective unless such withholding shall have been
effected or obtained in a manner acceptable to the Company.  The Committee
may, in its discretion, accept payment of such withholding taxes and
liabilities from an Optionee in the form of shares of the Company's Common
Stock or other property and may elect to deduct shares of Common Stock
that would have otherwise been delivered to an Optionee upon exercise to
satisfy all or a part of such taxes and liabilities.

     L.  FAIR MARKET VALUE.  The "fair market value" of the Common Stock
on any given date means (a) if there is an established market for the
Company's Common Stock on a stock exchange, in an over-the-counter market
or otherwise, the closing price on the date of grant, or (b) as otherwise
specified by the Committee.  In the case of automatic grants to Committee
members, the fair market value shall be the closing price on the date of
grant.

     SECTION 3.  OPTION TERMS AND CONDITIONS.  Options granted under this
plan may be Incentive Stock Options (within the meaning of Section 422 of
the Internal Revenue Code (the "Code")) or nonqualified stock options.
The terms and conditions of Options granted under the Plan may differ from
one another as the Committee shall in its discretion determine so long as
all Options granted under the Plan satisfy the requirements of the Plan;
provided, however, that any Options designated as Incentive Stock Options
must comply with the provisions of the Plan specifically relating to
Incentive Stock Options and the Code.

     SECTION 4.  DURATION OF OPTIONS.  Each Option granted hereunder shall
expire on the date fixed by the Committee, which shall be not later than
ten years after the date of grant; provided, however, that in the case of
Incentive Stock Options granted to a 10% shareholder, no option shall be
exercisable more than five years after the date of grant.  In addition,
each Option shall be subject to early termination as provided in the Plan.

     SECTION 5.  OPTION PRICE.  The option price for shares acquired
pursuant to the exercise of any Option, in whole or in part, shall be
determined by the Committee at the time of grant.  Such option price may
be less than the fair market value of the Company's Common Stock on the
valuation date or valuation period, but in no event shall the option price
be less than fifty percent (50%) of the fair market value of the shares on
the valuation date or valuation period; provided, however that the
exercise price of Incentive Stock Options shall be fixed by the Committee
at not less than 100% of the fair market value of the Common Stock on the
valuation date or valuation period; provided further, that in the case of
Incentive Stock Options granted to a 10% shareholder, the exercise price
of the option shall not be less than 110% of the fair market value of the
Common Stock on the valuation date or valuation period.

     SECTION 6.  GRANTS TO COMMITTEE MEMBERS.  Except as otherwise
provided in paragraph D of Section 2 hereof, the Committee shall have no
discretion to determine the amount, price or timing of grants of Options
to Committee members.  Grants of Options to Committee members shall be
made at the discretion of the Board of Directors (with members of the
Committee abstaining) or in accordance with a formula established by the
Board of Directors; provided, however, that if the Board of Directors
fails to make a discretionary grant of Options or otherwise establish a
formula by which Options are granted to Committee members in any fiscal
year of the Company, then automatic grants of Options to Committee members
shall made on the last trading day in September.  Such automatic grants to
Committee members shall be nonqualified Options for 5,000 shares per
Committee member and the exercise price shall be the fair market value
(determined in accordance with Section 2.L. above).

     SECTION 7.  LIMITATIONS ON ACQUIRING VOTING STOCK.  No Optionee who
is not an officer or director of the Company is eligible to receive or
exercise any Option which, if exercised, would result in that person
becoming the beneficial owner, as defined in the Exchange Act, of more
than 5% of the outstanding voting stock of the Company without the
unanimous consent of the Board of Directors.

     SECTION 8.  EXERCISE OF OPTIONS.  Each Option shall be exercisable in
one or more installments during its term, and the right to exercise may be
cumulative, as determined by the Committee.  No Option may be exercised
for a fraction of a share of Common Stock.  The option price shall be paid
at the time of exercise of the Option (i) in cash; (ii) by certified or
cashier's check; (iii) if permitted by the Committee, with shares of the
Company's issued and outstanding Common Stock; or (iv) by any other means
permitted by the Committee in its discretion after determination that such
means are consistent with all applicable laws and regulations.  If any
portion of the purchase price at the time of exercise is paid in shares of
the Company's Common Stock, those shares shall be tendered at their fair
market value on the date of exercise.

          The Committee may also permit an Optionee to effect a net
exercise of an option without tendering any shares of the Company's stock
as payment for the Option.  In such an event, the Optionee will be deemed
to have paid for the exercise of the Option with shares of the Company's
stock and shall receive from the Company a number of shares equal to the
difference between the shares that would have been tendered and the number
of Options exercised.  Members of the Committee may effect a net exercise
of their Options only with the approval of the Board of Directors.

          The Committee may also cause the Company to enter into
arrangements with one or more licensed stock brokerage firms whereby
Optionees may exercise options without payment therefor but with
irrevocable orders to such brokerage firm to immediately sell the number
of shares necessary to pay the exercise price for the option and the
withholding taxes, if any, and then to transmit that portion of the
proceeds from such sales to the Company to pay such obligations.

     SECTION 9.  ACCELERATION OF OPTIONS.  Notwithstanding the first
sentence of Section 8 hereof, if the Company or its shareholders enter
into an agreement to dispose of all or substantially all of the assets or
stock of the Company by means of a sale, merger or other reorganization,
liquidation, or otherwise, any Option granted pursuant to the Plan shall
become immediately exercisable with respect to the full number of shares
subject to that Option during the period commencing as of the date of the
agreement to dispose of all or substantially all of the assets or stock of
the Company and ending when the disposition of assets or stock
contemplated by that agreement is consummated or the Option is otherwise
terminated in accordance with its provisions or the provisions of the
Plan, whichever occurs first; provided that no Option shall be immediately
exercisable under this Section on account of any agreement of merger or
other reorganization where the shareholders of the Company immediately
before the consummation of the transaction will own at least 50% of the
total combined voting power of all classes of stock entitled to vote of
the surviving entity (whether the Company or some other entity)
immediately after the consummation of the transaction.  In the event the
transaction contemplated by the agreement referred to in this Section 9 is
not consummated, but rather is terminated, cancelled or expires, the
Options granted pursuant to the Plan shall thereafter be treated as if
that agreement had never been entered into.

     SECTION 10.  WRITTEN NOTICE REQUIRED.  Any Option granted pursuant to
the Plan shall be exercised when written notice of that exercise has been
given to the Company at its principal office by the person entitled to
exercise the Option and payment for the shares with respect to which the
Option is exercised has been received by the Company in accordance with
Section 8 hereof.

     SECTION 11.  LIMITATION ON EXERCISE OF INCENTIVE STOCK OPTIONS.  To
the extent required by the Code, the aggregate fair market value
(determined at the time the Option is granted) of Common Stock for which
Incentive Stock Options are exercisable for the first time by a
participant during any calendar year (including all plans of the Company
and its subsidiaries) shall not exceed $100,000.

     SECTION 12.  COMPLIANCE WITH SECURITIES LAWS.  Shares shall not be
issued with respect to any Option granted under the Plan unless the
exercise of that Option and the issuance and delivery of the shares
pursuant thereto shall comply with all relevant provisions of state and
federal law, including without limitation the Securities Act of 1933, as
amended, the rules and regulations promulgated thereunder and the
requirements of any stock exchange upon which the shares may then be
listed, which compliance shall be determined by counsel for the Company.
Further, each Optionee shall consent to the imposition of a legend on the
certificate representing the shares of Common Stock issued upon the
exercise of the Option restricting their transferability if and to the
extent required by law, the terms of the Option or the Plan.

     SECTION 13.  EMPLOYMENT OF OPTIONEE.  Each Optionee, if requested by
the Committee, must agree in writing as a condition of the granting of an
Option, to remain in the employ of the Company or to remain as a
consultant or advisor to the Company following the date of grant for a
period or periods specified by the Committee, which period(s) shall in no
event exceed an aggregate of four years.  Nothing in the Plan or in any
Option granted hereunder shall confer upon any Optionee any right to
continued employment or retainer by the Company, or limit in any way the
right of the Company to terminate or alter the terms of that employment or
consulting arrangement at any time.

     SECTION 14.  OPTION RIGHTS UPON TERMINATION OF EMPLOYMENT, DIRECTOR,
CONSULTANT OR ADVISOR STATUS.  If an Optionee ceases to be employed by the
Company or ceases to serve as a director, consultant or advisor of the
Company for any reason other than death, his or her Option shall
immediately terminate; provided, however, that the Committee may, in its
discretion, allow the Option to remain exercisable (to the extent
exercisable on the date of termination of employment or retainer) for up
to one additional year for each year of service to the Company by the
Optionee (up to a maximum of five years after the date of termination),
unless either the Option or the Plan otherwise provides for earlier
termination; and provided further that, for purposes of determining when a
director no longer serves the Company, the period during which post-
retirement or similar benefits, if any, are paid to the director by the
Company shall be deemed to be continued service.

     SECTION 15.  OPTION RIGHTS UPON DEATH OF OPTIONEE.  Except as
otherwise limited by the Committee at the time of the grant of an Option,
if an Optionee dies while he or she is an employee, director, consultant
or advisor of the Company, his or her Option shall remain exercisable for
one year after the date of death, unless either the Option or the Plan
otherwise provides for earlier termination.  During such exercise period
after death, the Option may be fully exercised, to the extent that it
remained unexercised on the date of death, by the person or persons to
whom the Optionee's rights under the Option shall pass by will or by laws
of descent and distribution.

     SECTION 16.  WAIVER OF VESTING RESTRICTIONS IN THE EVENT OF
RETIREMENT. Notwithstanding any provision of the Plan, in the event an
Optionee retires as an employee or director of the Company, the Committee
shall have the discretion to waive any vesting restrictions on the
retiree's Options.

     SECTION 17.  OPTIONS NOT TRANSFERABLE.  Options granted pursuant to
the Plan may not be sold, pledged, assigned or transferred in any manner
other than by will or the laws of descent and distribution and may be
exercised during the lifetime of an Optionee only by that Optionee or by
his or her guardian or legal representative.

     SECTION 18.  REPORTS TO OPTIONEES.  The Company shall furnish to each
Optionee a copy of the annual report sent to the Company's shareholders.
Upon written request, the Company shall furnish to each Optionee a copy of
its most recent Form 10-K Annual Report and each quarterly report to
shareholders issued since the end of the Company's most recent fiscal
year.

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