Document:

SHARE EXCHANGE AGREEMENT

  SHARE EXCHANGE AGREEMENT

  

 

THIS SHARE
EXCHANGE AGREEMENT  (Agreement)
is entered into on this 10th day of July 2002, by and between: 

Prime Equipment
Inc., a
Nevada corporation (herein called PRIME) whose corporate office is
Suite 200 8275 South Eastern Avenue, Las Vegas, NV 89123, U.S.A.  

and 

Netmagic
Investments Limited (herein called NETMAGIC)
whose registered office is TrustNet Chambers, Lotemau Center, Apia, Somoa.  

PRIME and NETMAGIC are also collectively called the
Parties. 

RECITALS: 

A)          
PRIME is in the process of applying to become a fully
reporting US company trading on the NASDAQ OTCBB. The authorized share capital
of Prime consists of fifty million (50,000,000) common shares and twenty four
million (24,000,000) preferred shares.  Prime
currently has four million forty nine thousand (4,046,000) common shares issued
and outstanding 

B)            NETMAGIC
owns 100% of IP Teleservices Inc., a British Columbia company (herein
called IPT) whose office is at 105 539 Main Street, Vancouver,
BC, Canada V6A2V1. 

C)       
IPT specializes in the integration of Voice over Internet Protocol (VoIP)
technology and have been establishing their own points of presences (POP) and
VoIP gateways throughout major cities in China and North America, enabling the
latest in telecommunications technology and a cost effective global VoIP network
for voice and data applications. NETMAGIC is a company developing Application
Software for the telecommunications industry; it has developed a software based
Prepaid/Postpaid calling card platform with Call Back capability suitable for
VoIP applications in a switch less environment ( hereinafter called the
Platform). 

D)       
PRIME wishes to acquire NETMAGIC's proprietary software Platform and
its operating company IPT, and NETMAGIC wishes to sell it's software Platform,
including its subsidiary IPT to PRIME.  

NOW, THEREFORE,
based on the foregoing premises, which are incorporated herein by reference, and
for and in consideration of the mutual covenants and agreements contained
herein, and in reliance on the representations and warranties set forth in this
Agreement, and for other valuable consideration, the sufficiency of which is
hereby expressly acknowledged, the Parties agree as follows:

 

1.1                          
1 )
SHARE EXCHANGE    

1.1    NETMAGIC agrees to
transfer to Prime 100% of  IPT's
issued and outstanding shares, and the ownership of it's software Platform, in
exchange for which Prime agrees to issue to NETMAGIC five million (5,000,000)
common shares and to its referral agent  POLINVEST
Ltd. , five
hundred thousand (500,000) preferred shares of PRIME , at Closing.

1.2     The Prime
Shares will be restricted from trading in accordance with Rule 144 of the United
States Securities and Exchange Commission ("SEC").

      1.3     
Closing shall take place in Seattle, Washington on or before July 31st,
2002 (the "Closing")

       at  the offices of to Parsons Law Firm, located 500 108th Ave. NE,
Suite 1710, Bellevue, WA   98004.

      At
Closing NETMAGIC will deliver IPT's minute book and share certificates
evidencing all Shares,                            

together
with the necessary stock powers duly endorsed for transfer, and also the source
code of the software Platform certified by the Director of NETMAGIC or its
authorized representative, the transfer of ownership of the software Platform to
Prime.

At Closing PRIME will deliver the Prime Shares issued
in the names of the shareholders of  NETMAGIC as per attached shareholders list in Appendix B

2.     
PRIME Warranties and Representations 

      
2.1            
PRIME hereby warrants and represents as follows: 

2.1.1    
PRIME has and will have on the Closing Date, full and lawful power and
authority to enter into and to carry out the terms and conditions of this
Agreement.   

2.1.1          PRIME has full
and lawful power and authority to transfer and deliver the Prime Shares to
NETMAGIC pursuant to the terms of this Agreement and upon Closing NETMAGIC shall
be the rightful title owner of fully paid and non-assessable Prime Shares. 

2.1.2     Neither this Agreement nor any schedule or
document attached hereto or presented to NETMAGIC by PRIME in connection with
this Agreement or the share exchange, contain any materially misleading
statement, or omit any material fact of statement necessary to make the other
statements or facts therein set forth not materially misleading. 

2.1.3     As of Closing, PRIME shall have authorized
for issuance fifty million (50,000,000) shares of voting Common Stock,,of which
a total of four million and forty nine thousand (4,046,000)
validly issued, fully paid and non-assessable shares will be issued and
outstanding.  PRIME also has twenty
four million (24,000,000) shares of Preferred Stock authorized and held in
treasury.  To the best of PRIME's
knowledge, all such issued and outstanding shares were issued pursuant to a
valid registration statement under the Act or pursuant to valid exemptions
therefrom.  No other voting or
equity securities are authorized or issued and no other securities convertible
into voting or equity stock are authorized or issued.   

2.1.4    
To the best of the PRIME's knowledge, it has complied with all
reporting requirements of the Securities Exchange Act of 1934 (the
"Exchange Act") and that all such filings do not contain and have not
contained any untrue statement of a material fact or omitted to state a material
fact necessary in order to make the statements made therein, in light of the
circumstances under which they were made, false or misleading. 
 

2.1.5     To the best of the PRIME's knowledge, it
has never been subject to any SEC administrative proceedings, enforcement
actions or sanctions and there is not such proceeding or enforcement
investigation pending or threatened. 

2.1.6 Except as specifically set
forth in its Financial Statements: 

a)          PRIME does not
owe any money, securities, or property to any affiliate of PRIME, as defined
under the Securities Act of 1933. 

b)          PRIME does not
have any material debt, liability or obligation of any nature, whether accrued,
absolute, contingent or otherwise, and whether due or to become due, that is not
reflected in its audited financial statements.          

         

2.1.7    
PRIME does not currently have, nor will it have on the Closing Date any
pension plan, profit sharing plan, or stock purchase plan for any of its
employees or certain options to proposed executive officers.  

2.1.8     Except as otherwise set forth in this
Agreement, there have not been since the date of the latest Financial Statement
delivered by PRIME any changes of the following nature: 

a)        
Any significant labor disputes or any material adverse change in PRIME's
properties, business supply of raw materials, or markets for its products,
including, but not limited to, damage or destruction of property by fire or
other casual, whether or not covered by insurance, or any material adverse
change in the financial condition or results of operations of PRIME taken as a
whole. 

b)        
Any change in the authorized, issued, or outstanding capital stock of
PRIME; any granting of any stock option or right to purchase shares of capital
stock or any issuance of any security convertible into shares of capital stock
of PRIME; any purchase, redemption, retirement, or other acquisition of any
shares of capital stock by NETMAGIC; or any agreement to do any of the
foregoing; or any declaration, setting aside; or payment of any dividend or
other distribution in respect of the capital stock of PRIME. 

c)         Any sale or lease of
the PRIME's property or assets, other than inventory sold in the ordinary
course of business, any mortgage or pledge of any properties or assets of PRIME,
any borrowing incurred, assumed or guaranteed by PRIME other than in the
ordinary course of business. 

d)         Any employment
contract, bonus, stock option, profit sharing, pension, retirement, incentive or
similar arrangement or plan instituted, agreed to, or amended. 

2.1.9     Neither this Agreement nor any schedule or
document attached hereto or presented to NETMAGIC by PRIME in connection with
this Agreement or the share exchange, contain any materially misleading
statement, or omit any material fact of statement necessary to make the other
statements or facts therein set forth not materially misleading. 

3.                 
NETMAGIC Warranties and Representations 

3.1           
NETMAGIC hereby warrants and represents as follows: 

3.1.1     NETMAGIC understands that the exchanged PRIME
Shares have not been registered under the Act and may not be sold, assigned or
otherwise transferred without registration unless such sale, assignment or
transfer involves a transaction not requiring registration under the Act. 

3.1.2     NETMAGIC has not relied upon any business
representations of PRIME regarding the acquisition of the shares of PRIME and
has been advised to seek independent legal representation and is in no way
entitled to rely on any representations or opinions of Parsons Law Firm or any
other agent of PRIME, and NETMAGIC together with their advisors have the
requisite knowledge and experience to understand the risks involved in the
transactions contemplated herein. 

3.1.3     IPT is duly organized, validly existing and
in good standing.  IPT has all
requisite power and authority to own or lease all of their respective properties
and/or assets and to conduct its businesses in the manner and in the places
where such properties and/or assets are now owned or leased or such business is
now conducted. 

3.1.4    
NETMAGIC has the absolute and unrestricted right, power, authority, and
capacity to execute and deliver this Agreement and to perform its obligations
hereunder.  Neither the execution
nor delivery of this Agreement nor the consummation or performance of this
Agreement will contravene, conflict with, constitute default or result in a
violation of: (i) any provisions of the Articles of Incorporation or Bylaws of
any the NETMAGIC; or (ii) any external restraint, ruling, agreement, law,
judgment, contract, agreement, plan or order relating to the NETMAGIC, which
contravention, conflict, violation or default would materially and adversely
effect the business.  NETMAGIC have obtained and executed all corporate resolutions
and documents necessary and required for it to enter into the transactions
contemplated by this Agreement.   

3.1.5     Within the times and in the manner prescribed
by law, NETMAGIC and its subsidiaries have filed all income or other tax returns
and reports required to be filed with all governmental agencies and has paid or
accrued for payment all taxes as shown on such returns, such that a failure to
file, pay or accrue will not have a material adverse effect on the IPT or any of
their respective subsidiaries.  NETMAGIC
have not been advised, nor are they aware, that any taxing authorities auditing
or is considering an audit of any operations or tax returns. 

3.1.6     To the best of its knowledge after diligent
inquiry: 

a)          There are no
legal actions, lawsuits, proceedings or investigations, either administrative or
judicial, pending or threatened or affecting  IPT. 

b)          There are no
legal actions, lawsuits, proceedings or investigations, either administrative or
judicial, pending or threatened or affecting any of the officers or directors
therewith that arise out of their operation in IPT. 

c)          IPT is not in
material violation of law, ordinance or regulation of any kind whatever,
including, but not limited to laws, rules and regulations governing the sale of
its products, services or securities.   

d)          There is no
judgment, order, writ, injunction or decree or award has been issued by or, so
far as is known by NETMAGIC after reasonable inquiry, requested of any court or
governmental agency which might result in an adverse change in the business,
property or assets, or in the condition, financial or otherwise, of IPT or which
might adversely affect the transactions contemplated by this Agreement. 
 

e)          Neither IPT nor
its subsidiaries have ever been subject to any bankruptcy or other insolvency
proceedings.   

3.1.7     IPT and its subsidiaries own no assets and
has not incurred liabilities except as disclosed in the Financial Statements and
in this Agreement. 

3.1.8    
NETMAGIC has delivered or will deliver to PRIME IPT's year end
financial statements ("Financial Statements") as of December 31, 2001, plus
interim financial statements as of the date of Closing (the Interim
Statements') when available.   

3.1.9     The Financial Statements and Interim
Statements are true and correct in all material respects and present fairly the
financial position of IPT as of the dates thereof and the results of operations
and changes in financial position for the respective periods covered by such
statements; and have been prepared in accordance with generally accepted
accounting principles applied on a basis consistent with  past
practices. 

3.1.10    
IPT does not have any indebtedness, liability, claim or obligation of any
nature, fixed or contingent, choate or inchoate, liquidated or unliquidated,
secured or unsecured or otherwise of any kind or nature whatsoever, except as
shown dollar for dollar on the Balance Sheet or incurred in the ordinary course
of business on commercially reasonable terms subsequent to the Interim Date. 

3.1.11    
The Financial Statements reflect as of the dates shown thereon
substantially all of its material items of income and expense, and all of its
assets, liabilities, liens and accruals required to be reflected therein. 

3.1.12    
Except as disclosed in the Financial Statements or this Agreement, IPT is
not a party to, nor is any of their respective properties or assets subject to
or otherwise bound by, any: 

(a)          
Contract with any present or former stockholder, director, officer or
employee, agent or consultant;

 

(b)           Lease or
similar agreement regarding any real property or personal property;

 

(c)           Any
contract for the future purchase or sale of commodities, materials, inventory,
ingredients, supplies, products, merchandise, services or equipment;

 

(d)           Guarantees
or indemnities, direct or indirect, current or contingent, of the obligations of
customers of IPT or any other person or entity; 

 

(e)           Any real
estate mortgage, loan or credit agreement with any lender, any indenture,
pledge, conditional sale or title retention agreement, equipment obligation or
lease, or lease purchase agreement;

 

(f)           Any
agreement restricting the freedom of  IPT
or of its respective employees, to compete in any line of business, in any
geographic area or with any person or entity; or

 

(g)           Any other
material contracts affecting IPT.

 

3.1.13    
To the best of its knowledge after reasonable inquiry, there has been no
breach or default of any provisions of any contract, commitment, lease or other
agreement by IPT, or, any other party thereto, and nothing has occurred which,
with lapse of time or the giving of notice or both, would constitute a breach or
default by NETMAGIC. 

3.1.14    
Prior to Closing, PRIME will be furnished with true and complete copies
of all scheduled contracts and commitments. 

3.1.15    
NETMAGIC is aware that PRIME is subject to SEC reporting requirements. 
 

3.1.16    
Appendix "A" attached to this Agreement is a complete list of all
hardware assets of IPT, including approximate market value, as of the date shown
therein and the software component of the Platform from NETMAGIC.

4.    Expenses 

4.1       
Each of the Parties shall bear and pay the costs and expenses they have
allocated prior to the execution of the Agreement, and that they shall bear and
pay the costs incurred by them or on their behalf in connection with the
consummation of this Agreement, including, without limiting the generality of
the foregoing, fees and expenses of financial consultants, accountants and
counsel and the cost of any documentary stamps, sales and excise taxes which may
be imposed upon or be payable in respect to the transaction. 
 

 5. 
Conditions Precedent to Closing 

5.1     The obligations of the Parties under this
Agreement shall be and are subject to fulfillment, prior to or at the Closing,
of each of the following conditions: 

5.1.1     That each of the Representations and
Warranties of the Parties contained herein shall be true and correct at the time
of Closing as if such Representations and Warranties were made at such time. 

5.1.2     That the Parties shall have performed or
complied with all agreements, terms and conditions required by this Agreement to
be performed or complied with by them prior to or at the time of the Closing. 

5.1.3                  
That the Parties shall be satisfied with the results of their due
diligence and review of the other Parties' books and records as set forth
herein. 

6.  Validity
of this Agreement 

6.1       
By Closing, all corporate and other proceedings required to be taken by
NETMAGIC and PRIME in order to enter into and to carry out this Agreement shall
have been duly and properly taken.  Upon
execution, this Agreement shall constitute the valid, binding and enforceable
obligations of the Parties and shall inure to the benefit of the heirs,
executors, administrators, successors and assigns of the Parties, except to the
extent limited by applicable bankruptcy, reorganization, insolvency, moratorium
or other laws relating to or effecting generally the enforcement of creditors
rights. 

7.  Termination 

7.1       
This Agreement may be terminated at any time before Closing by:

 

7.1.1  The mutual agreement of the Parties;

 

7.1.2  Any party if:

 

a)  
Any provision of this Agreement applicable to a party shall be materially
untrue or fail to be accomplished;

b)   Any legal proceeding shall have been instituted or shall
be imminently threatening to delay, restrain or prevent the consummation of this
Agreement; or

c)   The conditions precedent to Closing are not satisfied.

 

7.2       
Upon termination of this Agreement for any reason, in accordance with the
terms and conditions set forth in this paragraph, each said party shall bear all
costs and expenses as each party has incurred and no party shall be liable to
the other.

 

8.            
Miscellaneous Provisions

 

8.1       
This Agreement is the entire agreement between the Parties in respect of
the subject matter hereof, and no other agreements exist, written or oral, nor
may this Agreement be modified except in writing and executed by all of the
Parties hereto.  The failure to
insist upon strict compliance with any of the terms, covenants or conditions of
this Agreement shall not be deemed a waiver or relinquishment of such right or
power at any other time or times.

 

8.2       
The validity, interpretation, and performance of this Agreement shall be
governed by the laws of the state of Nevada, without regard to any conflict of
laws.  Any dispute arising out of
this Agreement shall be brought in a court of competent jurisdiction in Nevada. 
The Parties exclude any and all statutes, laws and treaties that would
allow or require any dispute to be decided in another forum or by other rules of
decision than provided in this Agreement.

 

8.3       
All notices, requests, instructions, or other documents to be given
hereunder shall be in writing and sent by registered mail to the Parties at the
following addresses:

 

Netmagic
Investment Limited

C/o IP Teleservices Inc.,

105 539 Main Street

Vancouver, BC, Canada V6A2V1

 

PRIME
Equipment, Inc.

Suite 200 8275 South Eastern
Avenue,

Las Vegas, NV 89123, U.S.A

 

 

8.4     This Agreement may be executed in duplicate
facsimile counterparts, each of which shall be deemed an original and together
shall constitute one and the same binding Agreement, with one counterpart being
delivered to each party hereto.

 

IN
WITNESS WHEREOF the parties hereto have caused this Agreement to be duly
executed and delivered as of the day and year first above written.

 

Prime
Equipment Inc.                       
  
                
Netmagic Investments Limited

 

/s/ Perry Guglielmi                                  
             /s/
John Thorpe

Perry Guglielmi -  Director                        
John Thorpe - Director

 

 

 

/s/ Giovanni Iachelli          
                    
/s/ J.....

Witness                       
Witness

 

 

 

 

                                                                

 

          
                                  

Appendix  A

                                
 Hardware and Software Inventory as at February 28th,
2002

 

	
      Hardware Inventory

      

    	
       Market Value in USD

      

    
	
      QUINTUM - VoIP Hardware

      

    	
       

      

    
	
       

      

    	
      High Density Gateway

      

    	
       

      

    
	
       

      

    	
      Carrier Multipath 8E1 Beijing Gateway

      

    	
       $         
      90,000

      

    
	
       

      

    	
      Carrier Multipath 8T1 YVR Gateway

      

    	
       $         
      80,000

      

    
	
       

      

    	
      Carrier Multipath 4T1 Japan Gateway

      

    	
       $         
      40,000

      

    
	
       

      

    	
      Carrier Multipath 4T1 Calling Card
      Gateway

      

    	
       $         
      40,000

      

    
	
       

      

    	
      T1 Digital Tenor Gateway

      

    	
       

      

    
	
       

      

    	
      1.     
      TENOR32-000648

      

    	
       $         
      11,000

      

    
	
       

      

    	
      2.     
      TENOR32-00012D

      

    	
       $         
      11,000

      

    
	
       

      

    	
      3.     
      TENOR32-000353

      

    	
       $         
      11,000

      

    
	
       

      

    	
      4.     
      TENOR32-000649

      

    	
       $         
      11,000

      

    
	
       

      

    	
       

      

    	
       

      

    
	
      CISCO - Call Manager Hardware and Routers

      

    	
       

      

    
	
       

      

    	
      Media Convergence Server 7825  
      s/n 6J14JHQ2B035

      

    	
       $           
      9,060

      

    
	
       

      

    	
      2 x Routers 7206 
      - Jitong Phase 1

      

    	
       $         
      54,950

      

    
	
       

      

    	
      2 x T1/E1 CSU - Jitong Phase 1

      

    	
       $         
      36,424

      

    
	
       

      

    	
      6 x Routers 2610 - Jitong Phase 1

      

    	
       $         
      18,792

      

    
	
       

      

    	
      12 x Memory upgrades - Jitong Phase 1

      

    	
       $         
      24,492

      

    
	
       

      

    	
      6 x 2 port RJ48 Multiplex trunks - Jitong
      Phase 1

      

    	
       $         
      28,260

      

    
	
       

      

    	
      2 x Routers 2610 - Jitong Trial Phase

      

    	
       $           
      6,264

      

    
	
       

      

    	
      4 x Memory upgrades - Jitong Trial Phase

      

    	
       $        
         8,164

      

    
	
       

      

    	
      2 x 1 port RJ48 Multiplex trunks - Jitong
      Trial Phase

      

    	
       $           
      5,652

      

    
	
       

      

    	
      2 x Router 3640

      

    	
       $         
      20,410

      

    
	
       

      

    	
      4 x Memory upgrades - Jitong Trial Phase

      

    	
       $           
      8,478

      

    
	
       

      

    	
      2 x 10/100 E Network Module - Jitong
      Trial Phase

      

    	
       $         
      10,048

      

    
	
       

      

    	
      2 x 2 port RJ48 Multiplex trunks - Jitong
      Trial Phase

      

    	
       $           
      9,420

      

    
	
      ICI Computer Systems

      

    	
       

      

    
	
       

      

    	
      Rackmount Application Server

      

    	
       $           
      1,400

      

    
	
       

      

    	
      Rackmount IVR Server

      

    	
       $           
      1,686

      

    
	
       

      

    	
      Rackmount Firewall Server

      

    	
       $           
      1,686

      

    
	
       

      

    	
      Rackmount Database Server

      

    	
       $           
      2,113

      

    
	
       

      

    	
      Rackmount Raid Server for IPT Japan

      

    	
       $           
      1,400

      

    
	
       

      

    	
      Toshiba Notebook

      

    	
       $           
      1,500

      

    
	
      Misc. Networking hardwares

      

    	
       

      

    
	
       

      

    	
      3 x 8 Port 10/100MB Switch DSS-8+

      

    	
       $              
      270

      

    
	
       

      

    	
      6" RJ45 ethernet cables and Power
      bars

      

    	
       $              
      100

      

    
	
       

      

    	
       

      

    	
       

      

    
	
       

      

    	
      TOTAL HARDWARE

      

    	
       $     
         544,569

      

    

 

 

	
      Software Inventory

      

    	
       Market Value in USD

      

    
	
      Software Platform

      

    	
       

      

    
	
      1

      

    	
      IVR Platform (unlimited port multi-system
      license)

      

    	
       $           
      250,000

      

    
	
       

      

    	
       

      

    	
       

      

    
	
      2

      

    	
      PIN Database Module (unlimited connection
      multi-system license)

      

    	
       $           
      100,000

      

    
	
      3

      

    	
      CDR Database Module (unlimited connection
      multi-system license)

      

    	
       $           
      100,000

      

    
	
      4

      

    	
      Franchise Databae Module (unlimited
      connection multi-system license)

      

    	
       $           
      100,000

      

    
	
      5

      

    	
      Reseller Database Module (unlimited
      connection multi-system license)

      

    	
       $             
      75,000

      

    
	
      6

      

    	
      Agents Databae Module (unlimited
      connection multi-system license)

      

    	
       $             
      75,000

      

    
	
       

      

    	
       

      

    	
       

      

    
	
      7

      

    	
      PIN Management Module (unlimited seats
      license)

      

    	
       $           
      150,000

      

    
	
      8

      

    	
      Accounting Reporting and Analysis Module
      (unlimited seats license)

      

    	
       $           
      150,000

      

    
	
      9

      

    	
      CDR Reporting and Analysis Module
      (unlimited seats license)

      

    	
       $           
      150,000

      

    
	
      10

      

    	
      Franchise Reporting and Analysis Module
      (unlimited seats license)

      

    	
       $       
          150,000

      

    
	
      11

      

    	
      Reseller Reporting and Analysis Module
      (unlimited seats license)

      

    	
       $             
      90,000

      

    
	
      12

      

    	
      Agents Reporting and Analysis Module
      (unlimited seats license)

      

    	
       $             
      90,000

      

    
	
       

      

    	
       

      

    	
       

      

    
	
      Research and Development Cost

      

    	
       

      

    
	
      Cisco/ Quintum gateway interoperability

      

      Open VoIP network and gateway management
      tool

      

      VoIP software application platform/
      operating system

      

    	
       $          
      600,000

      

    
	
       

      

      CISCO

      

    	
       

      

    
	
      13

      

    	
      Cisco Call Manager 3.0.(8) (one site
      license)

      

    	
       $               
      7,542

      

    
	
       

      

    	
       

      

    	
       

      

    
	
       

      

    	
      TOTAL SOFTWARE

      

    	
       $        
      2,087,542EX-4.1
        AMENDED AND RESTATED EMPLOYEE STOCK INCENTIVE PLAN

                           AMENDED AND RESTATED
                SYNTHETIC TURF CORPORATION OF AMERICA
                    EMPLOYEE STOCK INCENTIVE PLAN

     1.  GENERAL PROVISIONS

     1.1  Purpose.

     The Amended and Restated Synthetic Turf Corporation of America
Employee Stock Incentive Plan (the "Plan") is intended to allow
designated officers and employees (all of whom are sometimes collectively
referred to herein as "Employees") of Synthetic Turf Corporation of
America, a Nevada corporation ("Synthetic Turf") and its Subsidiaries (as
that term is defined below) which it may have from time to time
(Synthetic Turf and such Subsidiaries are referred to herein as the
"Company") to receive certain options ("Stock Options") to purchase
Synthetic Turf common stock, one tenth of one cent ($0.001) par value
("Common Stock"), and to receive grants of Common Stock subject to
certain restrictions ("Awards").  As used in this Plan, the term
"Subsidiary" shall mean each corporation which is a "subsidiary
corporation" of Synthetic Turf within the meaning of Section 424(f) of
the Internal Revenue Code of 1986, as amended (the "Code").  The purpose
of this Plan is to provide Employees with equity-based compensation
incentives to make significant and extraordinary contributions to the
long-term performance and growth of the Company, and to attract and
retain Employees of exceptional ability.

     1.2  Administration.

     1.2.1  The Plan shall be administered by the Compensation Committee
(the "Committee") of, or appointed by, the Board of Directors of
Synthetic Turf (the "Board").  Each member of the Committee shall be a
"non-employee director" as that term is defined in Rule 16b-3 promulgated
by the Securities and Exchange Commission (the "Commission") pursuant to
the Securities Exchange Act of 1934 (the "Exchange Act"), but no action
of the Committee shall be invalid if this requirement is not met.  The
Committee shall select one of its members as Chairman and shall act by
vote of a majority of a quorum, or by unanimous written consent.  A
majority of its members shall constitute a quorum.  The Committee shall
be governed by the provisions of  Synthetic Turf Bylaws and of Nevada law
applicable to the Board, except as otherwise provided herein or
determined by the Board.

     1.2.2  The Committee shall have full and complete authority, in its
discretion, but subject to the express provisions of the Plan:  to
approve the Employees nominated by the management of the Company to be
granted Awards or Stock Options; to determine the number of Awards or
Stock Options to be granted to an Employee; to determine the time or
times at which Awards or Stock Options shall be granted; to establish the
terms and conditions upon which Awards or Stock Options may be exercised;
to remove or adjust any restrictions and conditions upon Awards or Stock
Options; to specify, at the time of grant, provisions relating to
exercisability of Stock Options and to accelerate or otherwise modify the
exercisability of any Stock Options; and to adopt such rules and regu-
lations and to make all other determinations deemed necessary or
desirable for the administration of the Plan.  All interpretations and
constructions of the Plan by the Committee, and all of its actions
hereunder, shall be binding and conclusive on all persons for all
purposes.

     1.2.3  The Company hereby agrees to indemnify and hold harmless each
Committee member and each employee of the Company, and the estate and
heirs of such Committee member or employee, against all claims,
liabilities, expenses, penalties, damages or other pecuniary losses,
including legal fees, which such Committee member or employee, his or her
estate or heirs may suffer as a result of his or her responsibilities,
obligations or duties in connection with the Plan, to the extent that
insurance, if any, does not cover the payment of such items.  No member
of the Committee or the Board shall be liable for any action or
determination made in good faith with respect to the Plan or any Award or
Stock Option granted pursuant to the Plan.

     1.3  Eligibility and Participation.

     Employees eligible under the Plan shall be approved by the Committee
from those Employees who, in the opinion of the management of the
Company, are in positions which enable them to make significant and
extraordinary contributions to the long-term performance and growth of
the Company.  In selecting Employees to whom Stock Options or Awards may
be granted, consideration shall be given to factors such as employment
position, duties and responsibilities, ability, productivity, length of
service, morale, interest in the Company and recommendations of super-
visors.  No member of the Committee shall be eligible to participate
under the Plan or under any other Company plan if such participation
would contravene the standard of paragraph 1.2.1 above relating to "dis-
interested persons."

     1.4  Shares Subject to the Plan.

     The maximum number of shares of Common Stock that may be issued
pursuant to the Plan shall be Twenty Million (20,000,000) subject to
adjustment pursuant to the provisions of paragraph 4.1.  If shares of
Common Stock awarded or issued under the Plan are reacquired by the
Company due to a forfeiture or for any other reason, such shares shall be
cancelled and thereafter shall again be available for purposes of the
Plan.  If a Stock Option expires, terminates or is cancelled for any
reason without having been exercised in full, the shares of Common Stock
not purchased thereunder shall again be available for purposes of the Plan.

     2.  PROVISIONS RELATING TO STOCK OPTIONS

     2.1  Grants of Stock Options.

     The Committee may grant Stock Options in such amounts, at such
times, and to such Employees nominated by the management of the Company
as the Committee, in its discretion, may determine.   Stock Options
granted under the Plan shall constitute "incentive stock options" within
the meaning of Section 422 of the Code, if so designated by the Committee
on the date of grant.  The Committee shall also have the discretion to
grant Stock Options which do not constitute incentive stock options, and
any such Stock Options shall be designated non-statutory stock options by
the Committee on the date of grant.  The aggregate fair market value
(determined as of the time an incentive stock option is granted) of the
Common Stock with respect to which incentive stock options are exercis-
able for the first time by any Employee during any one calendar year
(under all plans of the Company and any parent or subsidiary of the
Company) may not exceed the maximum amount permitted under Section 422 of
the Code (currently one hundred thousand dollars ($100,000.00)).  Non-
statutory stock options shall not be subject to the limitations relating
to incentive stock options contained in the preceding sentence.  Each
Stock Option shall be evidenced by a written agreement (the "Option
Agreement") in a form approved by the Committee, which shall be executed
on behalf of the Company and by the Employee to whom the Stock Option is
granted, and which shall be subject to the terms and conditions of this
Plan.  In the discretion of the Committee, Stock Options may include
provisions (which need not be uniform), authorized by the Committee in
its discretion, that accelerate an Employee's rights to exercise Stock
Options following a "Change in Control," upon termination of such
Employee employment by the Company without "Cause" or by the Employee for
"Good Reason," as such terms are defined in paragraph 3.1 hereof.  The
holder of a Stock Option shall not be entitled to the privileges of stock
ownership as to any shares of Common Stock not actually issued to such holder.

     2.2  Purchase Price.

     The purchase price (the "Exercise Price") of shares of Common Stock
subject to each non-statutory Stock Option ("Option Shares") shall be
equal to whatever price is established by the Committee, in its sole
discretion, on the date of the grant.  The Exercise Price of incentive
Stock Options shall be the fair market value of the options on the date
of the grant thereof.  For an Employee holding stock possessing more than
ten percent (10%) percent of the total combined voting power of all
classes of stock of the Company, the Exercise Price of an incentive
Stock Option shall be at least one hundred ten percent (110%) of the
fair market value of the Common Stock and such option.

     2.3  Option Period.

     The Stock Option period (the "Term") shall commence on the date of
grant of the Stock Option and shall be ten (10) years or such shorter
period as is determined by the Committee.    Each Stock Option shall
provide that it is exercisable over its term in such periodic
installments as the Committee in its sole discretion may determine.  Such
provisions need not be uniform.  Notwithstanding the foregoing, but
subject to the provisions of paragraphs 1.2.2 and 2.1, Stock Options
granted to Employees who are subject to the reporting requirements of
Section 16(a) of the Exchange Act ("Section 16 Reporting Persons") shall
not be exercisable until at least six (6) months and one day from the
date the Stock Option is granted.

     2.4  Exercise of Options.

     2.4.1  Each Stock Option may be exercised in whole or in part (but not
as to fractional shares) by delivering it for surrender or endorsement to
the Company, attention of the Corporate Secretary, at the principal
office of the Company, together with payment of the Exercise Price and an
executed Notice and Agreement of Exercise in the form prescribed by
paragraph 2.4.2.  Payment may be made (i) in cash, (ii) by cashier's or
certified check, (iii) by surrender of previously owned shares of the
Company's Common Stock valued pursuant to paragraph 2.2 (if the Committee
authorizes payment in stock in its discretion), (iv) by withholding from
the Option Shares which would otherwise be issuable upon the exercise of
the Stock Option that number of Option Shares equal to the exercise price
of the Stock Option, if such withholding is authorized by the Committee
in its discretion, or (v) in the discretion of the Committee, by the
delivery to the Company of the optionee's promissory note secured by the
Option Shares, bearing interest at a rate sufficient to prevent the
imputation of interest under Sections 483 or 1274 of the Code, and having
such other terms and conditions as may be satisfactory to the Committee.

     2.4.2  Exercise of each Stock Option is conditioned upon the agreement
of the Employee to the terms and conditions of this Plan and of such
Stock Option as evidenced by the Employee's execution and delivery of a
Notice and Agreement of Exercise in a form to be determined by the
Committee in its discretion.  Such Notice and Agreement of Exercise shall
set forth the agreement of the Employee that:  (a) no Option Shares will
be sold or otherwise distributed in violation of the Securities Act of
1933 (the "Securities Act") or any other applicable federal or state
securities laws, (b) each Option Share certificate may be imprinted with
legends reflecting any applicable federal and state securities law
restrictions and conditions, (c) the Company may comply with said
securities law restrictions and issue "stop transfer" instructions to its
Transfer Agent and Registrar without liability, (d) if the Employee is a
Section 16 Reporting Person, the Employee will furnish to the Company a
copy of each Form 4 or Form 5 filed by said Employee and will timely file
all reports required under federal securities laws, and (e) the Employee
will report all sales of Option Shares to the Company in writing on a
form prescribed by the Company.

     2.4.3  No Stock Option shall be exercisable unless and until any
applicable registration or qualification requirements of federal and
state securities laws, and all other legal requirements, have been fully
complied with.  The Company will use reasonable efforts to maintain the
effectiveness of a Registration Statement under the Securities Act for
the issuance of Stock Options and shares acquired thereunder, but there
may be times when no such Registration Statement will be currently
effective.  The exercise of Stock Options may be temporarily suspended
without liability to the Company during times when no such Registration
Statement is currently effective, or during times when, in the reasonable
opinion of the Committee, such suspension is necessary to preclude
violation of any requirements of applicable law or regulatory bodies
having jurisdiction over the Company.  If any Stock Option would expire
for any reason except the end of its term during such a suspension, then
if exercise of such Stock Option is duly tendered before its expiration,
such Stock Option shall be exercisable and exercised (unless the
attempted exercise is withdrawn) as of the first day after the end of
such suspension.  The Company shall have no obligation to file any
Registration Statement covering resales of Option Shares.

     2.5  Continuous Employment.

     Except as provided in paragraph 2.7 below, an Employee may not
exercise a Stock Option unless from the date of grant to the date of
exercise such Employee remains continuously in the employ of the Company.
 For purposes of this paragraph 2.5, the period of continuous employment
of an Employee with the Company shall be deemed to include (without
extending the term of the Stock Option) any period during which such
Employee is on leave of absence with the consent of the Company, provided
that such leave of absence shall not exceed three (3) months and that
such Employee returns to the employ of the Company at the expiration of
such leave of absence.  If such Employee fails to return to the employ of
the Company at the expiration of such leave of absence, such Employee's
employment with the Company shall be deemed terminated as of the date
such leave of absence commenced.  The continuous employment of an
Employee with the Company shall also be deemed to include any period
during which such Employee is a member of the Armed Forces of the United
States, provided that such Employee returns to the employ of the Company
within ninety (90) days (or such longer period as may be prescribed by
law) from the date such Employee first becomes entitled to discharge.  If
an Employee does not return to the employ of the Company within ninety
(90) days (or such longer period as may be prescribed by law) from the
date such Employee first becomes entitled to discharge, such Employee's
employment with the Company shall be deemed to have terminated as of the
date such Employee's military service ended.

     2.6  Restrictions on Transfer.

     Each Stock Option granted under this Plan shall be transferable only
by will or the laws of descent and distribution.  No interest of any
Employee under the Plan shall be subject to attachment, execution,
garnishment, sequestration, the laws of bankruptcy or any other legal or
equitable process.  Each Stock Option granted under this Plan shall be
exercisable during an Employee's lifetime only by such Employee or by
such Employee's legal representative.

     2.7  Termination of Employment.

     2.7.1  Upon an Employee's Retirement, Disability (both terms being
defined below) or death, (a) all Stock Options to the extent then
presently exercisable shall remain in full force and effect and may be
exercised pursuant to the provisions thereof, including expiration at the
end of the fixed term thereof, and (b) unless otherwise provided by the
Committee, all Stock Options to the extent not then presently exercisable
by such Employee shall terminate as of the date of such termination of
employment and shall not be exercisable thereafter.

     2.7.2  Upon the termination of the employment of an Employee with the
Company for any reason other than the reasons set forth in paragraph
2.7.1 hereof, (a) all Stock Options to the extent then presently
exercisable by such Employee shall remain exercisable only for a period
of ninety (90) days after the date of such termination of employment
(except that the ninety (90) day period shall be extended to twelve (12)
months if the Employee shall die during such ninety (90) day period), and
may be exercised pursuant to the provisions thereof, including expiration
at the end of the fixed term thereof, and (b) unless otherwise provided
by the Committee, all Stock Options to the extent not then presently
exercisable by such Employee shall terminate as of the date of such
termination of employment and shall not be exercisable thereafter.

     2.7.3  For purposes of this Plan:

     (a)  "Retirement" shall mean an Employee's retirement from the
employ of the Company on or after the date on which such Employee attains
the age of sixty-five (65) years; and

     (b)  "Disability" shall mean total and permanent incapacity of an
Employee, due to physical impairment or legally established mental
incompetence, to perform the usual duties of such Employee's employment
with the Company, which disability shall be determined: (i) on medical
evidence by a licensed physician designated by the Committee, or (ii) on
evidence that the Employee has become entitled to receive primary
benefits as a disabled employee under the Social Security Act in effect
on the date of such disability.

     3.  PROVISIONS RELATING TO AWARDS

     3.1  Grant of Awards.

     Subject to the provisions of the Plan, the Committee shall have full
and complete authority, in its discretion, but subject to the express
provisions of this Plan, to (i) grant Awards pursuant to the Plan, (ii)
determine the number of shares of Common Stock subject to each Award
("Award Shares"), (iii) determine the terms and conditions (which need
not be identical) of each Award, including the consideration (if any) to
be paid by the Employee for such Common Stock, which may, in the
Committee's discretion, consist of the delivery of the Employee's
promissory note meeting the requirements of paragraph 2.4.1, (iv)
establish and modify performance criteria for Awards, and (v) make all of
the determinations necessary or advisable with respect to Awards under
the Plan.  Each award under the Plan shall consist of a grant of shares
of Common Stock subject to a restriction period (after which the
restrictions shall lapse), which shall be a period commencing on the date
the award is granted and ending on such date as the Committee shall
determine (the "Restriction Period").  The Committee may provide for the
lapse of restrictions in installments, for acceleration of the lapse of
restrictions upon the satisfaction of such performance or other criteria
or upon the occurrence of such events as the Committee shall determine,
and for the early expiration of the Restriction Period upon an Employee's
death, Disability or Retirement as defined in paragraph 2.7.3, or,
following a Change of Control, upon termination of an Employee's
employment by the Company without "Cause" or by the Employee for "Good
Reason," as those terms are defined herein.  For purposes of this Plan:

     "Change of Control" shall be deemed to occur (a) on the date the
Company first has actual knowledge that any person (as such term is used
in Sections 13(d) and 14(d) (2) of the Exchange Act) has become the
beneficial owner (as defined in Rule 13(d)-3 under the Exchange Act),
directly or indirectly, of securities of the Company representing forty
percent (40%) or more of the combined voting power of the Company's then
outstanding securities, or (b) on the date the shareholders of the
Company approve (i) a merger of the Company with or into any other
corporation in which the Company is not the surviving corporation or in
which the Company survives as a subsidiary of another corporation, (ii) a
consolidation of the Company with any other corporation, or (iii) the
sale or disposition of all or substantially all of the Company's assets
or a plan of complete liquidation.

     "Cause," when used with reference to termination of the employment
of an Employee by the Company for "Cause," shall mean:

     (a)  the Employee's continuing willful and material breach of his or
her duties to the Company after he or she receives a demand from the
Chief Executive of the Company specifying the manner in which he or she
has willfully and materially breached such duties, other than any such
failure resulting from Disability of the Employee or his or her
resignation for "Good Reason," as defined herein; or

     (b)  the conviction of the Employee of a felony; or

     (c)  the Employee's commission of fraud in the course of his or her
employment with the Company, such as embezzlement or other material and
intentional violation of law against the Company; or

     (d)  the Employee's gross misconduct causing material harm to the
Company.

     "Good Reason" shall mean any one or more of the following, occurring
following or in connection with a Change of Control and within ninety
(90) days prior to the Employee's resignation, unless the Employee shall
have consented thereto in writing:

     (a)  the assignment to the Employee of duties inconsistent with his
or her executive status prior to the Change of Control or a substantive
change in the officer or officers to whom he or she reports from the
officer or officers to whom he or she reported immediately prior to the
Change of Control; or

     (b)  the elimination or reassignment of a majority of the duties and
responsibilities that were assigned to the Employee immediately prior to
the Change of Control; or

     (c)  a reduction by the Company in the Employee's annual base salary
as in effect immediately prior to the Change of Control; or

     (d)  the Company's requiring the Employee to be based anywhere
outside a 35-mile radius from his or her place of employment immediately
prior to the Change of Control, except for required travel on the
Company's business to an extent substantially consistent with the
Employee's business travel obligations immediately prior to the Change of
Control; or

     (e)  the failure of the Company to grant the Employee a performance
bonus reasonably equivalent to the same percentage of salary the Employee
normally received prior to the Change of Control, given comparable
performance by the Company and the Employee; or

     (f)  the failure of the Company to obtain a satisfactory Assumption
Agreement (as defined in paragraph 4.12 of the Plan) from a successor, or
the failure of such successor to perform such Assumption Agreement.

     3.2  Incentive Agreements.

     Each Award granted under the Plan shall be evidenced by a written
agreement (an "Incentive Agreement") in a form approved by the Committee
and executed by the Company and the Employee to whom the Award is
granted.  Each Incentive Agreement shall be subject to the terms and
conditions of the Plan and other such terms and conditions as the
Committee may specify.

     3.3  Waiver of Restrictions.

     The Committee may modify or amend any Award under the Plan or waive
any restrictions or conditions applicable to such Awards; provided,
however, that the Committee may not undertake any such modifications,
amendments or waivers if the effect thereof materially increases the
benefits to any Employee, or adversely affects the rights of any Employee
without his or her consent.

     3.4  Terms and Conditions of Awards.

     3.4.1  Upon receipt of an Award of shares of Common Stock under the
Plan, even during the Restriction Period, an Employee shall be the holder
of record of the shares and shall have all the rights of a shareholder
with respect to such shares, subject to the terms and conditions of the
Plan and the Award.

     3.4.2  Except as otherwise provided in this paragraph 3.4, no shares
of Common Stock received pursuant to the Plan shall be sold, exchanged,
transferred, pledged, hypothecated or otherwise disposed of during the
Restriction Period applicable to such shares.  Any purported disposition
of such Common Stock in violation of this paragraph 3.4.2 shall be null
and void.

     3.4.3  If an Employee's employment with the Company terminates prior
to the expiration of the Restriction Period for an Award, subject to any
provisions of the Award with respect to the Employee's death, Disability
or Retirement, or Change of Control, all shares of Common Stock subject
to the Award shall be immediately forfeited by the Employee and
reacquired by the Company, and the Employee shall have no further rights
with respect to the Award.  In the discretion of the Committee, an
Incentive Agreement may provide that, upon the forfeiture by an Employee
of Award Shares, the Company shall repay to the Employee the
consideration (if any) which the Employee paid for the Award Shares on
the grant of the Award.  In the discretion of the Committee, an Incentive
Agreement may also provide that such repayment shall include an interest
factor on such consideration from the date of the grant of the Award to
the date of such repayment.

     3.4.4  The Committee may require under such terms and conditions as it
deems appropriate or desirable that (i) the certificates for Common Stock
delivered under the Plan are to be held in custody by the Company or a
person or institution designated by the Company until the Restriction
Period expires, (ii) such certificates shall bear a legend referring to
the restrictions on the Common Stock pursuant to the Plan, and (iii) the
Employee shall have delivered to the Company a stock power endorsed in
blank relating to the Common Stock.

     4.  MISCELLANEOUS PROVISIONS

     4.1  Adjustments Upon Change in Capitalization.

     4.1.1  The number and class of shares subject to each outstanding
Stock Option, the Exercise Price thereof (but not the total price), the
maximum number of Stock Options that may be granted under the Plan, the
minimum number of shares as to which a Stock Option may be exercised at
any one time, and the number and class of shares subject to each
outstanding Award, shall be proportionately adjusted in the event of any
increase or decrease in the number of the issued shares of Common Stock
which results from a split-up or consolidation of shares, payment of a
stock dividend or dividends exceeding a total of five percent (5%) for
which the record dates occur in any one fiscal year, a recapitalization
(other than the conversion of convertible securities according to their
terms), a combination of shares or other like capital adjustment, so that
(i) upon exercise of the Stock Option, the Employee shall receive the
number and class of shares such Employee would have received had such
Employee been the holder of the number of shares of Common Stock for
which the Stock Option is being exercised upon the date of such change or
increase or decrease in the number of issued shares of the Company, and
(ii) upon the lapse of restrictions of the Award Shares, the Employee
shall receive the number and class of shares such Employee would have
received if the restrictions on the Award Shares had lapsed on the date
of such change or increase or decrease in the number of issued shares of
the Company.

     4.1.2  Upon a reorganization, merger or consolidation of the Company
with one or more corporations as a result of which Synthetic Turf is not
the surviving corporation or in which Synthetic Turf survives as a
wholly-owned subsidiary of another corporation, or upon a sale of all or
substantially all of the property of the Company to another corporation,
or any dividend or distribution to shareholders of more than ten percent
(10%) of the Company's assets, adequate adjustment or other provisions
shall be made by the Company or other party to such transaction so that
there shall remain and/or be substituted for the Option Shares and Award
Shares provided for herein, the shares, securities or assets which would
have been issuable or payable in respect of or in exchange for such
Option Shares and Award Shares then remaining, as if the Employee had
been the owner of such shares as of the applicable date.  Any securities
so substituted shall be subject to similar successive adjustments.

     4.2  Withholding Taxes.

     The Company shall have the right at the time of exercise of any
Stock Option, the grant of an Award, or the lapse of restrictions on
Award Shares, to make adequate provision for any federal, state, local or
foreign taxes which it believes are or may be required by law to be
withheld with respect to such exercise ("Tax Liability"), to ensure the
payment of any such Tax Liability.  The Company may provide for the
payment of any Tax Liability by any of the following means or a
combination of such means, as determined by the Committee in its sole and
absolute discretion in the particular case:  (i) by requiring the
Employee to tender a cash payment to the Company, (ii) by withholding
from the Employee's salary, (iii) by withholding from the Option Shares
which would otherwise be issuable upon exercise of the Stock Option, or
from the Award Shares on their grant or date of lapse of restrictions,
that number of Option Shares or Award Shares having an aggregate fair
market value (determined in the manner prescribed by paragraph 2.2) as of
the date the withholding tax obligation arises in an amount which is
equal to the Employee's Tax Liability or (iv) by any other method deemed
appropriate by the Committee.  Satisfaction of the Tax Liability of a
Section 16 Reporting Person may be made by the method of payment
specified in clause (iii) above only if the following two conditions are
satisfied:

     (a)  the withholding of Option Shares or Award Shares and the
exercise of the related Stock Option occur at least six months and one
day following the date of grant of such Stock Option or Award; and

     (b)  the withholding of Option Shares or Award Shares is made either
(i) pursuant to an irrevocable election ("Withholding Election") made by
such Employee at least six months in advance of the withholding of
Options Shares or Award Shares, or (ii) on a day within a ten-day "window
period" beginning on the third business day following the date of release
of the Company's quarterly or annual summary statement of sales and earnings.

     Anything herein to the contrary notwithstanding, a Withholding Election
may be disapproved by the Committee at any time.

     4.3  Relationship to Other Employee Benefit Plans.

     Stock Options and Awards granted hereunder shall not be deemed to be
salary or other compensation to any Employee for purposes of any pension,
thrift, profit-sharing, stock purchase or any other employee benefit plan
now maintained or hereafter adopted by the Company.

     4.4  Amendments and Termination.

     The Board of Directors may at any time suspend, amend or terminate
this Plan.  For incentive stock options only, no amendment or
modification of this Plan may be adopted, except subject to stockholder
approval, which would: (a) materially increase the benefits accruing to
Employees under this Plan, (b) materially increase the number of
securities which may be issued under this Plan (except for adjustments
pursuant to paragraph 4.1 hereof), or (c) materially modify the
requirements as to eligibility for participation in the Plan.

     4.5  Successors in Interest.

     The provisions of this Plan and the actions of the Committee shall
be binding upon all heirs, successors and assigns of the Company and of
Employees.

     4.6  Other Documents.

     All documents prepared, executed or delivered in connection with
this Plan (including, without limitation, Option Agreements and Incentive
Agreements) shall be, in substance and form, as established and modified
by the Committee; provided, however, that all such documents shall be
subject in every respect to the provisions of this Plan, and in the event
of any conflict between the terms of any such document and this Plan, the
provisions of this Plan shall prevail.

     4.7  No Obligation to Continue Employment.

     This Plan and grants hereunder shall not impose any obligation on
the Company to continue to employ any Employee.  Moreover, no provision
of this Plan or any document executed or delivered pursuant to this Plan
shall be deemed modified in any way by any employment contract between an
Employee (or other employee) and the Company.

     4.8  Misconduct of an Employee.

     Notwithstanding any other provision of this Plan, if an Employee
commits fraud or dishonesty toward the Company or wrongfully uses or
discloses any trade secret, confidential data or other information
proprietary to the Company, or intentionally takes any other action
materially inimical to the best interests of the Company, as determined
by the Committee, in its sole and absolute discretion, such Employee
shall forfeit all rights and benefits under this Plan.

     4.9  Term of Plan.

     This Plan was adopted by the Board effective November 20, 2002.  No
Stock Options or Awards may be granted under this Plan after November 20,
2012.

     4.10  Governing Law.

     This Plan shall be construed in accordance with, and governed by,
the laws of the State of Nevada.

     4.11  Approval.

     No Stock Option shall be exercisable, or Award granted, unless and
until the Directors of the Company have approved this Plan and all other
legal requirements have been fully complied with.

     4.12  Assumption Agreements.

     The Company will require each successor, (direct or indirect,
whether by purchase, merger, consolidation or otherwise), to all or
substantially all of the business or assets of the Company, prior to the
consummation of each such transaction, to assume and agree to perform the
terms and provisions remaining to be performed by the Company under each
Incentive Agreement and Stock Option and to preserve the benefits to the
Employees thereunder.  Such assumption and agreement shall be set forth
in a written agreement in form and substance satisfactory to the
Committee (an "Assumption Agreement"), and shall include such
adjustments, if any, in the application of the provisions of the
Incentive Agreements and Stock Options and such additional provisions, if
any, as the Committee shall require and approve, in order to preserve
such benefits to the Employees.  Without limiting the generality of the
foregoing, the Committee may require an Assumption Agreement to include
satisfactory undertakings by a successor:

     (a)  to provide liquidity to the Employees at the end of the
Restriction Period applicable to Common Stock awarded to them under the
Plan, or on the exercise of Stock Options;

     (b)  if the succession occurs before the expiration of any period
specified in the Incentive Agreements for satisfaction of performance
criteria applicable to the Common Stock awarded thereunder, to refrain
from interfering with the Company's ability to satisfy such performance
criteria or to agree to modify such performance criteria and/or waive any
criteria that cannot be satisfied as a result of the succession;

     (c)  to require any future successor to enter into an Assumption
Agreement; and

     (d)  to take or refrain from taking such other actions as the
Committee may require and approve, in its discretion.

The Committee referred to in this paragraph 4.12 is the Committee
appointed by a Board of Directors in office prior to the succession then
under consideration.

     4.13  Compliance With Rule 16b-3.

     Transactions under the Plan are intended to comply with all
applicable conditions of Rule 16b-3.  To the extent that any provision of
the Plan or action by the Committee fails to so comply, it shall be
deemed null and void, to the extent permitted by law and deemed advisable
by the Committee.

     IN WITNESS WHEREOF, this Plan has been executed effective as of the
20th day of November, 2002.

                                     Synthetic Turf Corporation of America

                                     By: /s/  Gary Borglund
                                     Gary Borglund, President

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