Document:

Exhibit 10.5

                            DIGITAL IMAGE ID SDN BHD
                                11, Jalan 51A/223
                          46100 Petaling Jaya, Selangor
                     Tel: (603) 79554582 Fax: (603) 79578310

August 1, 2006

Mr. Kelvin Choon-Huat Ng

Dear Mr. Ng

LETTER OF EMPLOYMENT

This letter upon your execution and return will confirm the mutual  agreement of
Digital  Image ID Sdn Bhd ("DIID" or "the  Company")  to employ you as Assistant
Finance  Manager upon the terms and subject to the  conditions set forth in this
letter.

1. COMMENCEMENT DATE

Your employment contract will commence on August 1, 2006.

2.   COMPENSATION

2.1  Base Salary.

DIID shall pay you a base salary of Ringgit  Malaysia Three Thousand Six Hundred
(RM3,600.00) per month (the "Base Salary"). The amount of the Base Salary may be
increased at any time and from time to time by the Board of Directors of DIID.

2.2  Additional Benefits

In addition to the Base Salary,  you shall be entitled to health  insurance  and
such other benefits as may be provided by the Company to all its employees.  You
shall be entitled to 20 days annual leave per annum.

2.3  Stock Options

For services rendered to our parent company,  Secured Digital Applications Inc.,
United  States of America  ("SDA") you will be entitled to receive stock options
to purchase the common stock of SDA at an exercise price to be determined by the
Board of Directors  of SDA. The stock  options may be awarded to you at any time
and from time to time by the Board of Directors of SDA.

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3. SCOPE OF DUTIES

You shall have such duties as may be assigned to you from time to time by DIID's
Board of  Directors.  Such duties shall be exercised  subject to the control and
supervision of the Board of Directors of DIID. You shall report  directly to the
Chief Accounting Officer and shall be responsible for:

     -    Handling  full  set of  accounts  and  consolidation  of  the  Group's
          quarterly financial statements.

     -    Preparing  relevant  schedules  and  worksheets to support the Group's
          monthly, quarterly and annual financial reports.

     -    Preparing  management  reports  and  highlighting  weaknesses  in  the
          Group's internal control procedures.

     -    Liaise with the Company's auditors and tax consultants; and

     -    Perform  all  duties,   functions   and   responsibilities   generally
          associated with such a position.

4. TRADE SECRETS AND NON-COMPETITION

4.1  Trade Secrets.

You shall not during the term of your  employment  and for three years after the
termination of your employment,  disclose to any person, firm or corporation any
information  concerning the business affairs,  the trade secrets or the customer
lists or  similar  information  of  DIID.  Any  technique,  method,  process  or
technology used by DIID shall be considered a "trade secret" for the purposes of
this Agreement.

4.2  Covenant Not to Solicit and Compete.

For so long as you are an  employee  of DIID  and for one year  thereafter  (the
"Non-Compete Period"), the accounts and customers of DIID will not be solicited,
directly or  indirectly,  by you, or by any  individual or company with whom you
are affiliated as partner,  director,  founder, officer,  employee,  consultant,
contractor or other business relationship by which you would benefit as a result
of any such  solicitation.  In  addition  you shall not during  the  Non-Compete
Period,  directly or  indirectly,  on his own behalf,  or on behalf of any other
party, engage in, or assist in any way, financially or otherwise, any competitor
or any party that is engaged,  or which  proposes to engage,  in the business of
DIID.

5.  TERMINATION

Your services may be terminated at any time by mutual  agreement of the parties.
Either party may  terminate  this  Agreement by giving thirty days prior written
notice, or pay damages equivalent to 1 month's salary in lieu of notice.

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This  Agreement  shall  automatically  terminate on the last day of the month in
which you die or become  permanently  incapacitated.  "Permanent  incapacity" as
used  herein  shall mean  mental or  physical  incapacity,  or both,  reasonably
determined  by DIID's  Board of  Directors  based upon a  certification  of such
incapacity by, in the  discretion of DIID's Board of Directors,  a duly licensed
physician  agreed to by the Board of Directors,  rendering you unable to perform
substantially all of your duties hereunder and which appears  reasonably certain
to  continue  for  at  least  three  consecutive   months  without   substantial
improvement.  You shall be deemed to have become "permanently  incapacitated" on
the  date  DIID's  Board  of  Directors  notify  you in  writing  that  you  are
permanently incapacitated.

6.     MISCELLANEOUS

6.1   Non-Disparagement.

You shall not make, publish or republish disparaging or negative comments by any
means concerning any employees, officers, directors and shareholders,  including
without  limitation,  DIID,  Secured Digital  Applications  Inc., SDA Worldwide,
China Sea Trade Company,  DigitalApps Sdn Bhd, Eastern Harvest Sdn Bhd (formerly
Secured Digital  Applications (M) Sdn Bhd),  DigitalApps  Media Sdn Bhd, Secured
Shipping Sdn Bhd,  Perwimas  Telecommunications  Sdn Bhd,  ISpec Sdn Bhd and its
subsidiaries and/or affiliates.

You further agree that the agreement not to disparage applies to statements made
anonymously or under pseudonyms or in the names of third parties.

6.2   Mergers and Acquisitions.

In case of any consolidation or merger of DIID with or into another  corporation
(other  than  a  consolidation  or  merger  in  which  DIID  is  the  continuing
corporation), or in case of any sale or conveyance to another corporation of the
property of DIID, as substantially as, an entirety (other than a sale/leaseback,
mortgage  or  other  financing  transaction),  or any  change  of name or  other
transfer  of  securities  of DIID  resulting  in a change  of  control  (voting,
management,  board or  otherwise)  of DIID,  the  terms and  provisions  of this
Agreement shall remain effective on DIID, or its legal successors,  subsidiaries
and affiliates.

6.3   Transfers and Assignment.

This  Agreement  shall not be assigned or  transferred  by you without the prior
written  consent of DIID.  This Agreement shall be binding upon and inure to the
benefit of all of the  parties  hereto  and their  respective  permitted  heirs,
personal representatives, legal successors and assigns.

6.4   Modification.

This Agreement may be modified,  amended,  superseded,  or cancelled, and any of
the terms,  covenants,  representations,  warranties or conditions hereof may be
waived, only by a written instrument executed by both parties.

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<PAGE>

6.5   Waiver.

The  waiver by either  party,  express  or  implied,  of any  right  under  this
Agreement  or any failure to perform  under this  Agreement  by the other party,
shall not  constitute  or be deemed as a waiver of any other  right  under  this
Agreement or of any other failure to perform  under this  Agreement by the other
party, whether of a similar or dissimilar nature.

6.6   Survival.

Any provision of this Agreement which imposes an obligation after termination or
expiration of this Agreement shall survive the termination or expiration of this
Agreement and be binding on both parties.

6.7   Right of Set-Off.

Upon termination of this Agreement, DIID shall have the right to set-off against
the amounts due to you hereunder the amount of any  outstanding  loan or advance
from DIID to you.

If this letter is  acceptable to you,  please  evidence such approval by causing
the  enclosed  copy of this  letter  to be  signed,  dated and  returned  to the
undersigned.

Yours sincerely
DIGITAL IMAGE ID SDN BHD

/s/ Patrick Soon-Hock Lim
-------------------------
Patrick Soon-Hock Lim
Managing Director

AGREED TO AND ACCEPTED THIS 1st DAY OF AUGUST, 2006

/s/ Kelvin Choon-Huat Ng
--------------------------
Name:  Kelvin Choon-Huat Ng
Date:  August 1, 2006

                                       4EXHIBIT 4.5

        2007 LONG-TERM INCENTIVE PLAN OF GLOBAL ENTERTAINMENT CORPORATION

                          2007 LONG-TERM INCENTIVE PLAN
                                       OF
                        GLOBAL ENTERTAINMENT CORPORATION

SECTION 1. PURPOSE OF PLAN

     The purpose of this 2007  Long-Term  Incentive Plan (this "Plan") of Global
Entertainment  Corporation , a Nevada corporation (the "Company"),  is to enable
the  Company  and any  subsidiary  corporation  (as the term is  defined in Code
Section 424(f), hereinafter each a "Subsidiary" or the plural "Subsidiaries") to
attract and retain directors, and to further align the interests of such persons
with those of the stockholders of the Company by providing for or increasing the
proprietary interest of such persons in the Company.

SECTION 2. ADMINISTRATION OF PLAN

     2.1  COMPOSITION  OF  COMMITTEE.  This Plan  shall be  administered  by the
Compensation Committee of the Board of Directors (the "Committee"), as appointed
from time to time by the Board of Directors. The Committee shall act pursuant to
a majority  vote or  unanimous  written  consent.  The Board of  Directors  (the
"Board"),  in its sole  discretion,  may exercise any authority of the Committee
under this Plan in lieu of the Committee's exercise thereof. Notwithstanding the
foregoing,  with  respect  to any  Award (as  defined  in  Section  5.1) that is
intended to satisfy the conditions of Rule 16b-3 under the  Securities  Exchange
Act of 1934,  as amended (the  "Exchange  Act") or Section  162(m)(4)(C)  of the
Internal  Revenue Code of 1986, as amended,  if  applicable,  (the "Code"),  the
Committee may appoint one or more separate  committees  (any such  committee,  a
"Subcommittee")  composed of one or more  directors  of the Company (who may but
need  not  be  members  of  the   Committee)   and  may  delegate  to  any  such
Subcommittee(s) the authority to grant Awards, as defined in Section 5.1 hereof,
under the Plan to  Eligible  Persons  (as  defined in Section  4), to  determine
(subject to the express  terms of the Plan) all terms of such Awards,  and/or to
administer  the Plan or any aspect of it.  Any  action by any such  Subcommittee
within the scope of such  delegation  shall be deemed for all  purposes  to have
been taken by the  Committee.  The  Committee may designate the Secretary of the
Company or other Company employees to assist the Committee in the administration
of the Plan,  and may grant  authority to such persons to execute  agreements or
other  documents  evidencing  Awards  made  under  this Plan or other  documents
entered into under this Plan on behalf of the Committee or the Company.

     2.2 POWERS OF THE  COMMITTEE.  Subject to the  express  provisions  of this
Plan, the Committee shall be authorized and empowered to do all things necessary
or desirable,  in its sole discretion,  in connection with the administration of
this Plan, including, without limitation, the following:

     (a) to prescribe,  amend and rescind rules and regulations relating to this
Plan and to define terms not otherwise defined herein; provided that, unless the
Committee shall specify otherwise,  for purposes of this Plan (i) the term "fair
<PAGE>
market  value"  shall mean,  as of any date,  the closing  price for a Share (as
defined in Section 3.1)  reported for the last trading day prior to such date by
the American Stock Exchange  ("AMEX") (or such other stock exchange or quotation
system on which Shares are then listed or quoted) or, if no Shares are traded on
the AMEX (or such  other  stock  exchange  or  quotation  system) on the date in
question,  then for the next  preceding date for which Shares traded on the AMEX
(or such other stock exchange or quotation system);  and (ii) the term "Company"
shall  mean the  Company  and its  Subsidiaries,  unless the  context  otherwise
requires;

     (b) to  determine  which  persons are  Eligible  Persons,  to which of such
Eligible  Persons,  if any, Awards shall be granted  hereunder and the timing of
any such Awards, and to grant Awards;

     (c) to grant  Awards  to  Eligible  Persons  and  determine  the  terms and
conditions  thereof (so long as such terms and  conditions  do not conflict with
the terms and conditions  set forth in this Plan),  which terms may but need not
be conditioned upon the passage of time, continued employment,  the satisfaction
of performance  criteria,  the occurrence of certain  events  (including  events
which the Board or the  Committee  determine  constitute  a change of  control),
whether such Award  complies with Code Section  409A,  Notice  2005-1,  Proposed
Treasury Regulations Section 1.409-1 through -6, or other factors;

     (d) to establish,  verify the extent of satisfaction of, adjust,  reduce or
waive  any  performance  goals  or other  conditions  applicable  to the  grant,
issuance, vesting and/or ability to retain any Award;

     (e) to prescribe and amend the terms of the  agreements or other  documents
evidencing Awards made under this Plan ("Restricted  Stock  Agreements")  (which
need not be identical);

     (f) to determine whether, and the extent to which, adjustments are required
pursuant to Section 8;

     (g) to interpret and construe this Plan,  any rules and  regulations  under
this Plan and the terms and  conditions of any Award granted  hereunder,  and to
make  exceptions to any such provisions in good faith and for the benefit of the
Company; and

     (h) to make all other determinations  deemed necessary or advisable for the
administration of this Plan.

     2.3  DETERMINATIONS  OF THE COMMITTEE.  All decisions,  determinations  and
interpretations by the Committee  regarding this Plan shall be final and binding
on all Eligible  Persons.  The Committee shall consider such factors as it deems
relevant to making such decisions, determinations and interpretations including,
without limitation,  the  recommendations or advice of any director,  officer or
employee of the Company and such  attorneys,  consultants  and accountants as it
may select.

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<PAGE>
SECTION 3. STOCK SUBJECT TO PLAN

     3.1  AGGREGATE  LIMITS.  The  aggregate  number of shares of the  Company's
Common Stock,  no par value  ("Shares"),  issued  pursuant to all Awards granted
under  this Plan  shall  not  exceed  320,000.  The  aggregate  number of Shares
available  for  issuance  under  this Plan and the  number of Shares  subject to
outstanding  Awards shall be subject to adjustment as provided in Section 8. The
Shares issued pursuant to this Plan may be Shares that either were reacquired by
the Company,  including Shares  purchased in the open market,  or authorized but
unissued Shares.

     3.2 ISSUANCE OF SHARES.  For purposes of Section 3.1, the aggregate  number
of Shares  issued  under  this Plan at any time  shall  equal only the number of
Shares  actually issued and shall not include Shares subject to Awards that have
been forfeited.

SECTION 4. PERSONS ELIGIBLE UNDER PLAN

     Any person who is a director,  officer, employee,  consultant or advisor of
the Company or any of its  Subsidiaries  shall be eligible to be considered  for
the grant of Awards hereunder (an "Eligible Person").

SECTION 5. PLAN AWARDS

     5.1 AWARD TYPE.  The  Committee,  on behalf of the Company,  is  authorized
under this Plan to enter into a  Restricted  Stock  Agreement  with an  Eligible
Person  regarding  the  issuance of Shares  under this Plan,  subject to certain
restrictions  and the risk of forfeiture and other terms as are expressed in the
Plan and in the  Restricted  Stock  Agreement or other  document  evidencing the
Award.  Such  arrangements  and  benefits  are  sometimes  referred to herein as
"Awards."

     5.2 GRANTS OF AWARDS. Awards will be granted as follows:

     (a) With regard to non-employee directors, each such director shall receive
an initial Award of 2,000 Shares and an  additional  Award of 2,000 Shares after
every year that such director serves on the Board.

     (b) With regard to all Eligible Persons other than non-employee  directors,
the Committee may grant Awards to such Eligible Persons in its sole discretion.

     5.3 VESTING OF AWARDS. Subject to any additional conditions or restrictions
imposed by the Committee  under Section 5.4, the vesting periods for Awards made
under the Plan shall be as follows:

     (a) Awards to non-employee  directors shall vest fifty percent (50%) twelve
(12) months after awarded,  and shall fully vest  twenty-four  (24) months after
awarded;

     (b)  Awards to  officers  and  employees  shall vest  fifty  percent  (50%)
twenty-four  (24) months after awarded,  seventy-five  percent (75%)  thirty-six
(36) months after awarded,  and shall fully vest  forty-eight  (48) months after
awarded; and

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<PAGE>
     (c) The vesting  period for Awards made to consultants or advisors shall be
determined by the Committee on a case-by-case basis.

     5.4 SHARE  RESTRICTIONS.  In addition  to the vesting  periods set forth in
Section  5.3,  the  Shares  shall  be  subject  to  such  other  conditions  and
restrictions as the Committee may impose These restrictions may lapse separately
or in combination of such times, under such circumstances, in such installments,
upon the  satisfaction  of  continued  employment,  standards  derived  from the
Qualifying Performance Criteria, lapse of time, certain acceleration events like
death or disability or otherwise, as the Committee determines at the time of the
grant of the Award or thereafter.

     5.5 FORFEITURE. Except as otherwise determined by the Committee at the time
of the  grant of the  Award  or  thereafter,  upon  termination  as a  director,
officer,  employee,  consultant,  or advisor during the  applicable  restriction
period  or upon  failure  to  satisfy a  standard  derived  from the  Qualifying
Performance Criteria during the applicable  restriction period,  Shares that are
at that time subject to  restrictions  shall be forfeited and re-acquired by the
Company;  provided,  however,  that the Committee may provide in any  Restricted
Stock Agreement that  restrictions or forfeiture  conditions  relating to Shares
will be waived in whole or in part in the event of  terminations  resulting from
specified causes, and the Committee may in other cases waive in whole or in part
restrictions or forfeiture conditions relating to Shares.

     5.6 CERTIFICATES FOR SHARES. Shares granted under the Plan may be evidenced
in such manner as the Committee shall  determine.  If certificates  representing
Shares are registered in the name of an Eligible Person,  certificates must bear
an  appropriate  legend  referring to the terms,  conditions,  and  restrictions
applicable to such Shares.

SECTION 6. OTHER PROVISIONS APPLICABLE TO AWARDS

     6.1  TRANSFERABILITY.  Unless  the  Restricted  Stock  Agreement  or  other
document  evidencing  an  Award  (or  an  amendment  thereto  authorized  by the
Committee)   expressly  states  that  the  Award  is  transferable  as  provided
hereunder, no Award granted under this Plan, nor any interest in such Award, may
be  sold,  assigned,  conveyed,  gifted,  pledged,   hypothecated  or  otherwise
transferred  in any  manner  prior  to the  vesting  or  lapse  of any  and  all
restrictions applicable thereto.

     6.2 QUALIFYING  PERFORMANCE  CRITERIA.  For purposes of this Plan, the term
"Qualifying  Performance  Criteria"  shall mean any one or more of the following
performance criteria, either individually,  alternatively or in any combination,
applied to either the Company as a whole,  to a business unit or subsidiary,  or
based  on  comparisons  of any of the  performance  measures  relative  to other
companies,  either  individually,  alternatively  or  in  any  combination,  and
measured either annually or cumulatively  over a period of years, on an absolute
basis or relative to a pre-established  target, to previous years' results or to
a designated comparison group, in each case as specified by the Committee in the
Award:  (a) cash flow, (b) earnings per share or increases of same, (c) earnings
before  interest,  taxes  and  amortization,  (d)  return on  equity,  (e) total
stockholder  return,  (f) share  price  performance,  (g)  return on  capital or
investment,  (h) return on assets or net assets, (i) revenue,  (j) income or net
income,  (k) operating income or net operating  income,  (l) operating profit or
net operating  profit,  (m)  operating  margin or profit  margin,  (n) return on

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<PAGE>
operating  revenue,  (o) pre-tax or after-tax  profit levels expressed in either
absolute  dollars,  (p) revenues or revenue  growth,  (q) economic or cash value
added,  (r) other measures of  performance,  quality,  safety,  productivity  or
process  improvement,  (s)  market  share,  and (t)  overhead  or other  expense
reduction.  These  factors  may have a minimum  performance  standard,  a target
performance  standard and a maximum  performance  standard.  The  Committee  may
adjust any evaluation of performance under a Qualifying  Performance Criteria to
take into account any of the  following  events that occurs during a performance
period:   (i)  asset   write-downs,   (ii)  litigation  or  claim  judgments  or
settlements,  (iii) the effect of changes in tax law,  accounting  principles or
other such laws or  provisions  affecting  reported  results,  (iv) accruals for
reorganization   and   restructuring   programs   and  (v)   any   extraordinary
non-recurring  items as described in Accounting  Principles Board Opinion No. 30
and/or in  management's  discussion  and  analysis of  financial  condition  and
results of operations  appearing in the Company's  annual report to stockholders
for the applicable year.

     6.3 VOTING AND DIVIDENDS.  Unless otherwise  provided by the Committee,  an
Eligible  Person shall be entitled to vote and to receive any and all  dividends
or dividend  equivalents  that may be declared  with  respect to any Shares that
have been issued to such Eligible  Person pursuant to an Award and that have not
been forfeited in accordance with their terms, regardless of whether such Shares
have vested or remain subject to other restrictions or conditions imposed by the
Committee.

     6.4 DOCUMENTS EVIDENCING AWARDS. The Committee shall, subject to applicable
law, determine the date an Award is deemed to be granted,  which for purposes of
this Plan  shall not be  affected  by the fact  that an Award is  contingent  on
subsequent  stockholder  approval of this Plan.  The Committee or, except to the
extent  prohibited under applicable law, its delegate(s) may establish the terms
of agreements or other documents evidencing Awards under this Plan. The grant of
an Award  under this Plan shall not confer any rights  upon an  Eligible  Person
holding such Award other than such terms, and subject to such conditions, as are
specified  in this  Plan as being  applicable  to such  type of Award (or to all
Awards) or as are expressly set forth in the Restricted Stock Agreement or other
document evidencing such Award.

     6.5 COMPLIANCE WITH CODE SECTION 409A.  Notwithstanding any language to the
contrary in this Plan,  the Committee  will ensure that the terms and conditions
of any Awards issued will comply with the  applicable  provision of Code Section
409A or the regulations or other pronouncements thereunder.

     6.6  ADDITIONAL  RESTRICTIONS  ON  AWARDS.  Either  at the time an Award is
granted or by subsequent  action,  the Committee may, but need not,  impose such
restrictions,  conditions or limitations as it determines  appropriate as to the
timing  and  manner of any  resales by an  Eligible  Person or other  subsequent
transfers by an Eligible  Person of any Shares issued under an Award,  including
without  limitation  (a)  restrictions  under an  insider  trading  policy,  (b)
restrictions  designed to delay and/or coordinate the timing and manner of sales
by Eligible Persons, and (c) restrictions as to the use of a specified brokerage
firm for such resales or other transfers.

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<PAGE>
SECTION 7. CHANGES IN CAPITAL STRUCTURE

     7.1 CORPORATE ACTIONS UNIMPAIRED. The existence of outstanding Awards shall
not affect in any way the right or power of the Company or its  stockholders  to
make or authorize any or all  adjustments,  recapitalizations,  reorganizations,
exchanges,  or other changes in the Company's capital structure or its business,
or any merger or  consolidation  of the  Company,  or any  issuance of Shares or
other  securities  or  subscription  rights  thereto,  or any issuance of bonds,
debentures, preferred or prior preference stock ahead of or affecting the Shares
or other securities of the Company or the rights thereof,  or the dissolution or
liquidation  of the  Company,  or any sale or transfer of all or any part of its
assets or  business,  or any other  corporate  act or  proceeding,  whether of a
similar character or otherwise.  Further, except as expressly provided herein or
by the  Committee,  (a) the  issuance  by the  Company of shares of stock of any
class of  securities  convertible  into shares of stock of any class,  for cash,
property,  labor or services,  upon direct sale,  upon the exercise of rights or
warrants to subscribe  therefor,  or upon conversion of shares or obligations of
the Company convertible into such shares or other securities, (b) the payment of
a dividend in property  other than Shares,  or (c) the occurrence of any similar
transaction,  and in any case  whether or not for fair value,  shall not affect,
and no adjustment by reason thereof shall be made with respect to, the number of
Shares  subject to Awards  theretofore  granted or the purchase price per Share,
unless the Committee  shall  determine in its sole discretion that an adjustment
is necessary to provide equitable treatment to an Eligible Person.

     7.2  ADJUSTMENTS  UPON CERTAIN EVENTS.  If the outstanding  Shares or other
securities of the Company,  or both,  for which the Award is to be settled shall
at any time be changed or exchanged by  declaration of a stock  dividend,  stock
split, combination of shares, recapitalization, or reorganization, the Committee
may  appropriately  and equitably  adjust the number and kind of Shares or other
securities  which are  subject to the Plan or subject to any Awards  theretofore
granted,  so  as to  maintain  the  proportionate  number  of  Shares  or  other
securities.

SECTION 8. MERGERS AND LIQUIDATION

     If the company is the surviving corporation in any merger or consolidation,
all Awards shall remain in force,  and any Shares  granted  under the Plan shall
continue  to be  outstanding  pursuant  to the terms of the Award and this Plan.
Except to the extent  otherwise  provided  in an Award  document,  by the Board,
dissolution  or  liquidation of the Company shall cause every unvested Award for
which there remains contingencies, conditions and unmet performance standards to
terminate.  A merger or  consolidation in which the Company is not the surviving
corporation  shall also  cause  every  unvested  Award for which  there  remains
contingencies,  conditions and unmet performance standards to terminate,  unless
specifically provided otherwise in an Award document or by the Board.

SECTION 9. TAXES

     9.1  WITHHOLDING  REQUIREMENTS.  The Committee may make such  provisions or
impose such conditions as it may deem appropriate for the withholding or payment
by an Eligible Person of any taxes that the Committee determines are required in
connection  with any Award  granted  under this Plan,  and an Eligible  Person's
rights in any Award are subject to satisfaction of such conditions.

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<PAGE>
     9.2 PAYMENT OF WITHHOLDING TAXES. Notwithstanding the terms of Section 9.1,
the Committee may provide in the agreement or other document evidencing an Award
or otherwise that all or any portion of the taxes required to be withheld by the
Company or, if  permitted  by the  Committee,  desired to be paid by an Eligible
Person,  in  connection  with the transfer of any Award shall be paid or, at the
election of an Eligible Person, may be paid by the Company by withholding shares
of the Company's  capital stock otherwise  issuable or subject to such Award, or
by an  Eligible  Person  delivering  previously  owned  shares of the  Company's
capital  stock,  in each case  having a fair  market  value  equal to the amount
required or elected to be withheld or paid, or by a broker  selected or approved
by the Company paying such amount  pursuant to an irrevocable  commitment by the
broker to deliver to the Company  proceeds from the sale of the Shares  issuable
under the Award.  Any such election is subject to such  conditions or procedures
as may be  established  by the  Committee  and may be subject to approval by the
Committee.

SECTION 10. AMENDMENTS OR TERMINATION

     The Board may amend,  alter or  discontinue  this Plan or any  agreement or
other document  evidencing an Award made under this Plan but, except as provided
pursuant to the  anti-dilution  adjustment  provisions  of Section  7.2, no such
amendment shall, without the approval of the stockholders of the Company:

     (a) change  the  maximum  number of shares for which  Awards may be granted
under this Plan;

     (b) extend the term of this Plan; or

     (c) change the class of persons eligible to be Eligible Persons.

     The  Board  may  amend,  alter or  discontinue  the  Plan or any  agreement
evidencing an Award made under the Plan, but no amendment or alteration shall be
made which would impair the rights of any Award  holder,  without such  holder's
consent,  under any Award  theretofore  granted;  provided  that no such consent
shall be required if the Committee  determines in its sole  discretion and prior
to the date of any change in control,  recapitalization,  stock dividend,  stock
split,  reorganization,  merger,  consolidation or similar type transaction that
such  amendment or  alteration  either is required or advisable in order for the
Company,  the Plan, or any Award granted, to satisfy any law or regulation or to
meet the requirements of any accounting standard.

SECTION 11. COMPLIANCE WITH OTHER LAWS AND REGULATIONS.

     This  Plan,  the  grant of Awards  thereunder,  and the  obligation  of the
Company to issue or deliver  Shares under such  Awards,  shall be subject to all
applicable  federal,  state and foreign laws,  rules and regulations and to such
approvals by any  governmental  or  regulatory  agency as may be  required.  The
Company  shall not be  required to  register  in an  Eligible  Person's  name or
deliver any Shares prior to the completion of any  registration or qualification
of such  Shares  under  any  federal,  state or  foreign  law or any  ruling  or
regulation  of any  government  body which the Committee  shall  determine to be
necessary  or  advisable.  This  Plan is  intended  to  constitute  an  unfunded
arrangement for the Eligible Persons.

                                       7
<PAGE>
     Unless  the Awards  and  Shares  covered by this Plan have been  registered
under the Securities Act of 1933, as amended, or the Company has determined that
such  registration is unnecessary,  each person receiving an Award and/or Shares
pursuant to any Award may be required by the Company to give a representation in
writing that such person is acquiring such Shares for his or her own account for
investment  and  not  with a view  to,  or for  sale  in  connection  with,  the
distribution of any part thereof.

SECTION 12. NO RIGHT TO COMPANY EMPLOYMENT

     Nothing in this Plan or as a result of any Award  granted  pursuant to this
Plan  shall  confer on any  individual  or entity  any  right to  continue  as a
director,  officer, employee,  consultant or advisor of the Company or interfere
in any way with the rights to terminate an  individual  or entity as a director,
officer,  employee,  consultant or advisor at any time.  The agreements or other
documents  evidencing  Awards may contain such  provisions  as the Committee may
approve with reference to the effect of approved leaves of absence.

SECTION 13. LIABILITY OF COMPANY

     The Company and any Affiliate which is in existence or hereafter comes into
existence shall not be liable to an Eligible Person or other persons as to:

     13.1 THE  NON-ISSUANCE OF SHARES.  The non-issuance or sale of shares as to
which the  Company has been  unable to obtain  from any  regulatory  body having
jurisdiction  the authority  deemed by the Company's  counsel to be necessary to
the lawful issuance and sale of any shares hereunder; and

     13.2 TAX  CONSEQUENCES.  Except as otherwise  specifically  provided in the
applicable  Restricted  Stock  Agreement,  any tax  consequence  to any Eligible
Person or other person due to the receipt of, vesting of, lapse of conditions or
restrictions with respect to, or forfeiture of any Award granted hereunder.

SECTION 14. EFFECTIVENESS AND EXPIRATION OF PLAN

     This Plan shall be effective on the date the Company's stockholders adopted
this Plan.  All Awards  granted  under this Plan are subject to the  approval of
this Plan by the stockholders.  Stockholder approval of the Plan shall be by the
affirmative  vote of the holders of a majority of the outstanding  shares of the
Company present,  or represented by proxy, and entitled to vote, at a meeting of
the Company's  stockholders or by written consent in accordance with the laws of
the State of Nevada;  provided that if such approval by the  stockholders of the
Company is not forthcoming,  all Awards previously granted under this Plan shall
be void.  No Awards  shall be granted  pursuant  to this Plan more than 10 years
after the effective date of this Plan.

SECTION 15. NON-EXCLUSIVITY OF PLAN

     Neither the adoption of this Plan by the Board nor the  submission  of this
Plan to the  stockholders  of the Company for  approval  shall be  construed  as
creating  any  limitations  on the power of the Board or the  Committee to adopt
such  other  incentive  arrangements  as either  may deem  desirable,  including
without limitation,  the granting of restricted stock or stock options otherwise

                                       8
<PAGE>
than under this Plan, and such  arrangements may be either generally  applicable
or applicable only in specific cases.

SECTION 16. GOVERNING LAW

     This  Plan  and any  agreements  or  other  documents  hereunder  shall  be
interpreted and construed in accordance with the laws of the State of Nevada and
applicable  federal  law. The  Committee  may provide that any dispute as to any
Award shall be  presented  and  determined  in such forum as the  Committee  may
specify, including through binding arbitration. Any reference in this Plan or in
the agreement or other document evidencing any Award to a provision of law or to
a rule or  regulation  shall be deemed to include  any  successor  law,  rule or
regulation of similar effect or applicability.

SECTION 17. MISCELLANEOUS MATTERS

     17.1 SECURITIES LAW RESTRICTIONS.  No Shares shall be issued under the Plan
unless  counsel for the Company shall be satisfied that such issuance will be in
compliance with applicable  Federal and state securities laws.  Certificates for
Shares delivered under the Plan may be subject to such stock-transfer orders and
other  restrictions  as the  Committee  may  deem  advisable  under  the  rules,
regulations,  and other requirements of the Securities and Exchange  Commission,
any stock  exchange  upon which the Shares is then  listed,  and any  applicable
Federal or state  securities law. The Committee may cause a legend or legends to
be put on any such certificates to refer to those restrictions. Further, without
limiting  the  foregoing,  each person  receiving  Shares may be required by the
Company to give a  representation  in writing that he or she is acquiring Shares
for his or her own account for investment and not with a view to, or for sale in
connection  with, the  distribution  of any part thereof  (regardless of whether
such Shares covered by the Plan are registered under the Securities Act of 1933,
as amended).  As a condition of transfer of the certificate  evidencing  Shares,
the Committee may obtain such other agreements or undertakings,  if any, that it
may deem necessary or appropriate  to assume  compliance  with any provisions of
the Plan or any law or regulation.  Certificates  for Shares delivered under the
Plan may be subject to such stock transfer orders and other  restrictions as the
Board may deem advisable under the rules, regulations, and other requirements of
the Securities and Exchange Commission, any stock exchange upon which the Shares
are then listed,  and any applicable Federal or state securities laws. The Board
may  cause a legend or  legends  to be put on any such  certificate  to refer to
those restrictions.

     17.2 RESTRICTED  STOCK  AGREEMENT.  Each Eligible Person receiving an Award
under the Plan shall enter into a Restricted Stock Agreement with the Company in
a form  specified by the Committee  agreeing to the terms and  conditions of the
Award and such related matters as the Committee,  in its sole discretion,  shall
determine.

     17.3 COSTS OF PLAN. The costs and expenses of administering  the Plan shall
be borne by the Company.

     17.4  TAX  REIMBURSEMENT  PAYMENTS  TO  ELIGIBLE  PERSONS.  The  Committee,
pursuant to the terms of the  agreements  or other  documents  pursuant to which
specific Awards are made under the Plan, may agree to reimburse Eligible Persons
for some or all of the federal, state and local income taxes associated with the

                                       9
<PAGE>
grant of an Award or the receipt of the cash or Shares from an Award  (including
any additional tax imposed due to Code Section 409A), and may agree to reimburse
such Eligible Persons for some or all of the additional federal, state and local
income tax associated with the payments made under this Section 17.4.

     17.5 GOVERNMENT REGULATIONS. The Plan and the granting of Shares hereunder,
and the obligations of the Company to sell and deliver Shares,  shall be subject
to all  applicable  laws,  rules and  regulations,  and to such approvals by any
governmental agencies or national securities exchanges as may be required.

     17.6  INTERPRETATION.  If any provision of the Plan is held invalid for any
reason, such holding shall not affect the remaining  provisions of the Plan, but
instead the Plan shall be construed and enforced as if such provisions had never
been included in the Plan.  Headings  contained in the Plan are for  convenience
only and shall in no manner be construed as part of this Plan.  Any reference to
the  masculine,  feminine or neuter  gender  shall be a reference  to such other
gender as is appropriate.

                                       10

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