Document:

EXHIBIT 4.1

                                SAVWATT USA, INC.

                           2011 EQUITY INCENTIVE PLAN

                            ARTICLE 1. INTRODUCTION.

The Board adopted the Plan  effective May 9, 2011. The purpose of the Plan is to
promote the  long-term  success of the Company and the  creation of  stockholder
value by (a) encouraging  Employees,  Outside Directors and Consultants to focus
on critical long-range objectives,  (b) encouraging the attraction and retention
of Employees,  Outside Directors and Consultants with exceptional qualifications
and (c)  linking  Employees,  Outside  Directors  and  Consultants  directly  to
stockholder  interests  through  increased  stock  ownership.  The Plan seeks to
achieve this purpose by providing for Awards in the form of  Restricted  Shares,
Stock Units,  Options (which may constitute ISOs or NSOs) or stock  appreciation
rights.

The Plan shall be governed by, and construed in accordance with, the laws of the
State of Delaware (except their choice-of-law provisions).

                           ARTICLE 2. ADMINISTRATION.

2.1 COMMITTEE COMPOSITION. The Compensation Committee of the Board shall
administer the Plan. The Committee shall consist exclusively of two or more
members of the Board, who shall be appointed by the Board. In addition, each
member of the Committee shall meet the following requirements:

     (a) Any listing standards  prescribed by the principal securities market on
     which the Company's equity securities are traded;

     (b) Such  requirements  as the Internal  Revenue  Service may establish for
     outside  directors  acting  under plans  intended to qualify for  exemption
     under Section 162(m)(4)(C) of the Code;

     (c)  Such  requirements  as the  Securities  and  Exchange  Commission  may
     establish  for  administrators  acting under plans  intended to qualify for
     exemption under Rule 16b-3 (or its successor) under the Exchange Act; and

     (d) Any other requirements imposed by applicable law, regulations or rules.

2.2 COMMITTEE RESPONSIBILITIES. The Committee shall (a) select the Employees,
Outside Directors and Consultants who are to receive Awards under the Plan, (b)
determine the type, number, vesting requirements and other features and
conditions of such Awards, (c) interpret the Plan, (d) make all other decisions
relating to the operation of the Plan and (e) carry out any other duties
delegated to it by the Board under the Plan. The Committee may adopt such rules
or guidelines as it deems appropriate to implement the Plan. The Committee's
determinations under the Plan shall be final and binding on all persons.
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2.3 NON-OFFICER GRANTS. The Board may also appoint a secondary committee of the
Board, which shall be composed of one or more directors of the Company who need
not satisfy the requirements of Section 2.1. Such secondary committee may
administer the Plan with respect to Employees and Consultants who are not
considered officers or directors of the Company under Section 16 of the Exchange
Act, may grant Awards under the Plan to such Employees and Consultants and may
determine all features and conditions of such Awards. Within the limitations of
this Section 2.3, any reference in the Plan to the Committee shall include such
secondary committee.

                     ARTICLE 3. SHARES AVAILABLE FOR GRANTS.

3.1 BASIC LIMITATION. Common Shares issued pursuant to the Plan may be
authorized but unissued shares or treasury shares. The aggregate number of
Common Shares issued under the Plan shall not exceed (a) 18,000,000 plus (b) the
additional Common Shares described in Section 3.2. The number of Common Shares
that are subject to Awards outstanding at any time under the Plan shall not
exceed the number of Common Shares that then remain available for issuance under
the Plan. All Common Shares available under the Plan may be issued upon the
exercise of ISOs. The limitation of this Section 3.1 shall be subject to
adjustment pursuant to Article 10.

3.2 SHARES RETURNED TO RESERVE. To the extent that Options, SARs or Stock Units
are forfeited or expire for any other reason before being exercised or settled
in full, the Common Shares subject to such Options, SARs or Stock Units shall
again become available for issuance under the Plan. If SARs are exercised, then
only the number of Common Shares (if any) actually issued in settlement of such
SARs shall reduce the number available under Section 3.1 and the balance shall
again become available for issuance under the Plan. If Stock Units are settled,
then only the number of Common Shares (if any) actually issued in settlement of
such Stock Units shall reduce the number available under Section 3.1 and the
balance shall again become available for issuance under the Plan. If Restricted
Shares or Common Shares issued upon the exercise of Options are reacquired by
the Company pursuant to a forfeiture provision or for any other reason, then
such Common Shares shall again become available for issuance under the Plan.
Shares applied to pay the Exercise Price of Options or to satisfy tax
withholding obligations related to any Award shall again become available for
issuance under the Plan. To the extent that an Award is settled in cash rather
than Shares, the cash settlement shall not reduce the number of Shares available
for issuance under the Plan.

3.3 DIVIDEND EQUIVALENTS. Any dividend equivalents paid or credited under the
Plan with respect to Stock Units shall not be applied against the number of
Common Shares that may be issued under the Plan, whether or not such dividend
equivalents are converted into Stock Units.

                             ARTICLE 4. ELIGIBILITY.

4.1 INCENTIVE STOCK OPTIONS. Only Employees who are common-law employees of the
Company, a Parent or a Subsidiary shall be eligible for the grant of ISOs. In
addition, an Employee who owns more than 10% of the total combined voting power
of all classes of outstanding stock of the Company or any of its Parents or
Subsidiaries shall not be eligible for the grant of an ISO unless the additional
requirements set forth in Section 422(c)(5) of the Code are satisfied.

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4.2 OTHER GRANTS. Only Employees, Outside Directors and Consultants shall be
eligible for the grant of Restricted Shares, Stock Units, NSOs or SARs.

                               ARTICLE 5. OPTIONS.

5.1 STOCK OPTION AGREEMENT. Each grant of an Option under the Plan shall be
evidenced by a Stock Option Agreement between the Optionee and the Company. Such
Option shall be subject to all applicable terms of the Plan and may be subject
to any other terms that are not inconsistent with the Plan. The Stock Option
Agreement shall specify whether the Option is an ISO or an NSO. The provisions
of the various Stock Option Agreements entered into under the Plan need not be
identical. Options may be granted in consideration of a reduction in the
Optionee's other compensation.

5.2 NUMBER OF SHARES. Each Stock Option Agreement shall specify the number of
Common Shares subject to the Option and shall provide for the adjustment of such
number in accordance with Article 10. Options granted to an Optionee in a single
fiscal year of the Company shall not cover more than the number of Common Shares
as the Board of Directors may, by resolution, determine. The limitations set
forth in the preceding sentence shall be subject to adjustment in accordance
with Article 10.

5.3 EXERCISE PRICE. Each Stock Option Agreement shall specify the Exercise
Price, which shall not be less than 100% of the Fair Market Value of a Common
Share on the date of grant. The preceding sentence shall not apply to Options
granted pursuant to an assumption of, or substitution for, another option in a
manner that would satisfy the requirements of Section 424(a) of the Code,
whether or not such Section is applicable.

5.4 EXERCISABILITY AND TERM. Each Stock Option Agreement shall specify the date
or event when all or any installment of the Option is to become exercisable. The
Stock Option Agreement shall also specify the term of the Option; provided that
the term of an ISO shall in no event exceed 10 years from the date of grant. A
Stock Option Agreement may provide for accelerated exercisability in the event
of the Optionee's death, disability or retirement or other events and may
provide for expiration prior to the end of its term in the event of the
termination of the Optionee's Service. Options may be awarded in combination
with SARs, and such an Award may provide that the Options will not be
exercisable unless the related SARs are forfeited.

5.5 EFFECT OF CHANGE IN CONTROL. The Committee may determine, at the time of
granting an Option or thereafter, that such Option shall become exercisable as
to all or part of the Common Shares subject to such Option in the event that a
Change in Control occurs with respect to the Company or in the event that the
Optionee is subject to an Involuntary Termination after a Change in Control.
However, in the case of an ISO, the acceleration of exercisability shall not
occur without the Optionee's written consent. In addition, acceleration of
exercisability may be required under Section 10.3.

5.6 MODIFICATION OR EXTENSION OF OPTIONS. Within the limitations of the Plan,
the Committee may modify or extend outstanding Options or may substitute new
Options granted under the Plan for outstanding options granted by another
issuer. Except in connection with a corporate transaction involving the Company
(including, without limitation, any stock dividend, stock split, extraordinary

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cash dividend, recapitalization, reorganization, merger, consolidation,
split-up, spin-off, combination, or exchange of shares), the terms of
outstanding Options shall not be amended to reduce the Exercise Price of such
Options or cancel such Options in exchange for cash or other Awards, or for
Options with an Exercise Price that is less than the Exercise Price of the
original Options, without stockholder approval. No modification of an Option
shall, without the consent of the Optionee, alter or impair his or her rights or
obligations under such Option.

5.7 BUYOUT PROVISIONS. The Committee may at any time (a) offer to buy out for a
payment in cash or cash equivalents an Option previously granted or (b)
authorize an Optionee to elect to cash out an Option previously granted, in
either case at such time and based upon such terms and conditions as the
Committee shall establish. Except in connection with a corporate transaction
involving the Company (including, without limitation, any reorganization,
merger, consolidation, split-up, spin-off, combination, or exchange of shares),
this Section 5.7 shall not apply to an Option with an Exercise Price that
exceeds the Fair Market Value of a Common Share on the date of the buyout,
unless the buyout has been approved by the Company's stockholders.

                      ARTICLE 6. PAYMENT FOR OPTION SHARES.

6.1 GENERAL RULE. The entire Exercise Price of Common Shares issued upon
exercise of Options shall be payable in cash or cash equivalents at the time
when such Common Shares are purchased, except that the Committee at its sole
discretion may accept payment of the Exercise Price in any other form(s)
described in this Article 6. However, if the Optionee is an Outside Director or
executive officer of the Company, he or she may pay the Exercise Price in a form
other than cash or cash equivalents only to the extent permitted by Section
13(k) of the Exchange Act.

6.2 EXERCISE/SALE. With the Committee's consent, all or any part of the Exercise
Price and any withholding taxes may be paid by delivering (on a form prescribed
by the Company) an irrevocable direction to a securities broker approved by the
Company to sell all or part of the Common Shares being purchased under the Plan
and to deliver all or part of the sales proceeds to the Company.

6.3 OTHER FORMS OF PAYMENT. With the Committee's consent, all or any part of the
Exercise Price and any withholding taxes may be paid in any other form that is
consistent with applicable laws, regulations and rules.

                      ARTICLE 7. STOCK APPRECIATION RIGHTS.

7.1 SAR AGREEMENT. Each grant of a SAR under the Plan shall be evidenced by a
SAR Agreement between the Optionee and the Company. Such SAR shall be subject to
all applicable terms of the Plan and may be subject to any other terms that are
not inconsistent with the Plan. The provisions of the various SAR Agreements
entered into under the Plan need not be identical. SARs may be granted in
consideration of a reduction in the Optionee's other compensation.

7.2 NUMBER OF SHARES. Each SAR Agreement shall specify the number of Common
Shares to which the SAR pertains and shall provide for the adjustment of such
number in accordance with Article 10. SARs granted to an Optionee in a single
calendar year shall in no event pertain to more than the number of Common Shares
that the Board of Directors may, by resolution, determine. The limitations set

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forth in the preceding sentence shall be subject to adjustment in accordance
with Article 10.

7.3 EXERCISE PRICE. Each SAR Agreement shall specify the Exercise Price, which
shall in no event be less than 100% of the Fair Market Value of a Common Share
on the date of grant. The preceding sentence shall not apply to SARs granted
pursuant to an assumption of, or substitution for, another SAR in a manner that
would satisfy the requirements of Section 424(a) of the Code if such Section
were applicable.

7.4 EXERCISABILITY AND TERM. Each SAR Agreement shall specify the date when all
or any installment of the SAR is to become exercisable. The SAR Agreement shall
also specify the term of the SAR. A SAR Agreement may provide for accelerated
exercisability in the event of the Optionee's death, disability or retirement or
other events and may provide for expiration prior to the end of its term in the
event of the termination of the Optionee's Service. SARs may be awarded in
combination with Options, and such an Award may provide that the SARs will not
be exercisable unless the related Options are forfeited. A SAR may be included
in an ISO only at the time of grant but may be included in an NSO at the time of
grant or thereafter. A SAR granted under the Plan may provide that it will be
exercisable only in the event of a Change in Control.

7.5 EFFECT OF CHANGE IN CONTROL. The Committee may determine, at the time of
granting a SAR or thereafter, that such SAR shall become exercisable as to all
or part of the Common Shares subject to such SAR in the event that the Company
is subject to a Change in Control or in the event that the Optionee is subject
to an Involuntary Termination after a Change in Control. In addition,
acceleration of exercisability may be required under Section 10.3.

7.6 EXERCISE OF SARS. Upon exercise of a SAR, the Optionee (or any person having
the right to exercise the SAR after his or her death) shall receive from the
Company (a) Common Shares, (b) cash or (c) a combination of Common Shares and
cash, as the Committee shall determine. The amount of cash and/or the Fair
Market Value of Common Shares received upon exercise of SARs shall, in the
aggregate, be equal to the amount by which the Fair Market Value (on the date of
exercise) of the Common Shares subject to the SARs exceeds the Exercise Price.
If, on the date when a SAR expires, the Exercise Price is less than the Fair
Market Value on such date but any portion of such SAR has not been exercised or
surrendered, then such SAR shall automatically be deemed to be exercised as of
such date with respect to such portion. A SAR Agreement may also provide for an
automatic exercise of the SAR on an earlier date.

7.7 MODIFICATION OR EXTENSION OF SARS. Within the limitations of the Plan, the
Committee may modify or extend outstanding SARs or may substitute new SARs
granted under the Plan for outstanding options granted by another issuer. Except
in connection with a corporate transaction involving the Company (including,
without limitation, any stock dividend, stock split, extraordinary cash
dividend, recapitalization, reorganization, merger, consolidation, split-up,
spin-off, combination, or exchange of shares), the terms of outstanding SARs
shall not be amended to reduce the Exercise Price of such SARs or cancel such
SARs in exchange for cash or other Awards, or for SARs with an Exercise Price
that is less than the Exercise Price of the original SARs, without stockholder
approval. No modification of a SAR shall, without the consent of the Optionee,
alter or impair his or her rights or obligations under such SAR.

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                          ARTICLE 8. RESTRICTED SHARES.

8.1 RESTRICTED STOCK AGREEMENT. Each grant of Restricted Shares under the Plan
shall be evidenced by a Restricted Stock Agreement between the recipient and the
Company. Such Restricted Shares shall be subject to all applicable terms of the
Plan and may be subject to any other terms that are not inconsistent with the
Plan. The provisions of the various Restricted Stock Agreements entered into
under the Plan need not be identical.

8.2 PAYMENT FOR AWARDS. Restricted Shares may be sold or awarded under the Plan
for such consideration as the Committee may determine, including (without
limitation) cash, cash equivalents, property, past services and future services.
Within the limitations of the Plan, the Committee may accept the cancellation of
outstanding options in return for the grant of Restricted Shares.

8.3 VESTING CONDITIONS. Each Award of Restricted Shares may or may not be
subject to vesting. Vesting shall occur, in full or in installments, upon
satisfaction of the conditions specified in the Restricted Stock Agreement. A
Restricted Stock Agreement may provide for accelerated vesting in the event of
the Participant's death, disability or retirement or other events. The Committee
may determine, at the time of granting Restricted Shares or thereafter, that all
or part of such Restricted Shares shall become vested in the event that a Change
in Control occurs with respect to the Company or in the event that the
Participant is subject to an Involuntary Termination after a Change in Control.

8.4 VOTING AND DIVIDEND RIGHTS. The holders of Restricted Shares awarded under
the Plan shall have the same voting, dividend and other rights as the Company's
other stockholders. A Restricted Stock Agreement, however, may require that any
cash dividends paid on Restricted Shares (a) be accumulated and paid when such
Restricted Shares vest or (b) be invested in additional Restricted Shares. Such
additional Restricted Shares shall be subject to the same conditions and
restrictions as the Award with respect to which the dividends were paid.

                             ARTICLE 9. STOCK UNITS.

9.1 STOCK UNIT AGREEMENT. Each grant of Stock Units under the Plan shall be
evidenced by a Stock Unit Agreement between the recipient and the Company. Such
Stock Units shall be subject to all applicable terms of the Plan and may be
subject to any other terms that are not inconsistent with the Plan. The
provisions of the various Stock Unit Agreements entered into under the Plan need
not be identical. Stock Units may be granted in consideration of a reduction in
the recipient's other compensation.

9.2 PAYMENT FOR AWARDS. To the extent that an Award is granted in the form of
Stock Units, no cash consideration shall be required of the Award recipients.

9.3 VESTING CONDITIONS. Each Award of Stock Units may or may not be subject to
vesting. Vesting shall occur, in full or in installments, upon satisfaction of
the conditions specified in the Stock Unit Agreement. A Stock Unit Agreement may
provide for accelerated vesting in the event of the Participant's death,
disability or retirement or other events. The Committee may determine, at the
time of granting Stock Units or thereafter, that all or part of such Stock Units
shall become vested in the event that the Company is subject to a Change in
Control or in the event that the Participant is subject to an Involuntary

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Termination after a Change in Control. In addition, acceleration of vesting may
be required under Section 10.3.

9.4 VOTING AND DIVIDEND RIGHTS. The holders of Stock Units shall have no voting
rights. Prior to settlement or forfeiture, any Stock Unit awarded under the Plan
may, at the Committee's discretion, carry with it a right to dividend
equivalents. Such right entitles the holder to be credited with an amount equal
to all cash dividends paid on one Common Share while the Stock Unit is
outstanding. Dividend equivalents may be converted into additional Stock Units.
Settlement of dividend equivalents may be made in the form of cash, in the form
of Common Shares, or in a combination of both. Prior to distribution, any
dividend equivalents that are not paid shall be subject to the same conditions
and restrictions as the Stock Units to which they attach.

9.5 FORM AND TIME OF SETTLEMENT OF STOCK UNITS. Settlement of vested Stock Units
may be made in the form of (a) cash, (b) Common Shares or (c) any combination of
both, as determined by the Committee. The actual number of Stock Units eligible
for settlement may be larger or smaller than the number included in the original
Award, based on predetermined performance factors. Methods of converting Stock
Units into cash may include (without limitation) a method based on the average
Fair Market Value of Common Shares over a series of trading days. Vested Stock
Units may be settled in such manner and at such times as specified in the Stock
Unit Agreement. The distribution may occur or commence when all vesting
conditions applicable to the Stock Units have been satisfied or have lapsed, or
it may be deferred to any later date. The amount of a deferred distribution may
be increased by an interest factor or by dividend equivalents as specified in
the Stock Unit Agreement. Until an Award of Stock Units is settled, the number
of such Stock Units shall be subject to adjustment pursuant to Article 10.

9.6 CREDITORS' RIGHTS. A holder of Stock Units shall have no rights other than
those of a general creditor of the Company. Stock Units represent an unfunded
and unsecured obligation of the Company, subject to the terms and conditions of
the applicable Stock Unit Agreement.

                    ARTICLE 10. PROTECTION AGAINST DILUTION.

10.1 ADJUSTMENTS. In the event of a subdivision of the outstanding Common
Shares, a declaration of a dividend payable in Common Shares or a combination or
consolidation of the outstanding Common Shares (by reclassification or
otherwise) into a lesser number of Common Shares, corresponding adjustments
shall automatically be made in each of the following:

     (a) The  number  of  Options,  SARs,  Restricted  Shares  and  Stock  Units
     available for future Awards under Article 3;

     (b) The limitations set forth in Sections 5.2 and 7.2;

     (c) The number of Common Shares covered by each outstanding Option and SAR;

     (d) The Exercise Price under each outstanding Option and SAR; or

     (e) The number of Stock Units  included in any prior Award that has not yet
     been settled.

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In the event of a declaration of an extraordinary dividend payable in a form
other than Common Shares in an amount that has a material effect on the price of
Common Shares, a recapitalization, a spin-off or a similar occurrence, the
Committee shall make such adjustments as it, in its sole discretion, deems
appropriate in one or more of the foregoing. Except as provided in this Article
10, a Participant shall have no rights by reason of any issuance by the Company
of stock of any class or securities convertible into stock of any class, any
subdivision or consolidation of shares of stock of any class, the payment of any
stock dividend or any other increase or decrease in the number of shares of
stock of any class.

10.2 DISSOLUTION OR LIQUIDATION. To the extent not previously exercised or
settled, Options, SARs and Stock Units shall terminate immediately prior to the
dissolution or liquidation of the Company.

10.3 REORGANIZATIONS. In the event that the Company is a party to a merger or
consolidation, all outstanding Awards shall be subject to the agreement of
merger or consolidation. Such agreement shall provide for one or more of the
following:

     (a) The  continuation  of such  outstanding  Awards by the  Company (if the
     Company is the surviving corporation).

     (b) The assumption of such outstanding Awards by the surviving  corporation
     or its parent, provided that the assumption of Options or SARs shall comply
     with Section 424(a) of the Code (whether or not the Options are ISOs).

     (c) The  substitution  by the  surviving  corporation  or its parent of new
     awards for such  outstanding  Awards,  provided  that the  substitution  of
     Options or SARs shall  comply with Section  424(a) of the Code  (whether or
     not the Options are ISOs).

     (d) Full exercisability of outstanding Options and SARs and full vesting of
     the  Common  Shares  subject  to such  Options  and SARs,  followed  by the
     cancellation  of such  Options and SARs.  The full  exercisability  of such
     Options and SARs and full vesting of such Common  Shares may be  contingent
     on the closing of such merger or consolidation. The Optionees shall be able
     to  exercise  such  Options  and SARs during a period of not less than five
     full  business   days   preceding  the  closing  date  of  such  merger  or
     consolidation,  unless (i) a shorter  period is required to permit a timely
     closing of such merger or consolidation  and (ii) such shorter period still
     offers the Optionees a reasonable  opportunity to exercise such Options and
     SARs.  Any  exercise  of such  Options  and SARs  during such period may be
     contingent on the closing of such merger or consolidation.

     (e) The  cancellation of outstanding  Options and SARs and a payment to the
     Optionees  equal to the excess of (i) the Fair  Market  Value of the Common
     Shares  subject to such  Options and SARs  (whether or not such Options and
     SARs are then  exercisable or such Common Shares are then vested) as of the
     closing  date of such  merger or  consolidation  over (ii)  their  Exercise
     Price. Such payment shall be made in the form of cash, cash equivalents, or
     securities  of the surviving  corporation  or its parent with a Fair Market
     Value equal to the required amount.  Subject to any requirements of Section
     409A of the Code necessary to avoid  application  of Section  409A(a)(1) of

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     the  Code  with  respect  to  the  Awards,  such  payment  may be  made  in
     installments  and may be deferred until the date or dates when such Options
     and SARs would have become  exercisable  or such Common  Shares  would have
     vested.  Such  payment  may be subject to vesting  based on the  Optionee's
     continuing  Service,  provided that the vesting  schedule shall not be less
     favorable  to the Optionee  than the schedule  under which such Options and
     SARs would have become exercisable or such Common Shares would have vested.
     If the Exercise Price of the Common Shares subject to such Options and SARs
     exceeds the Fair Market Value of such Common Shares,  then such Options and
     SARs may be  cancelled  without  making a  payment  to the  Optionees.  For
     purposes of this  SubSection  (e),  the Fair Market  Value of any  security
     shall be determined without regard to any vesting conditions that may apply
     to such security.

     (f) The  cancellation  of  outstanding  Stock  Units and a  payment  to the
     Participants equal to the Fair Market Value of the Common Shares subject to
     such Stock Units  (whether  or not such Stock Units are then  vested) as of
     the closing date of such merger or  consolidation.  Such  payment  shall be
     made in the form of cash, cash equivalents,  or securities of the surviving
     corporation  or its parent with a Fair Market  Value equal to the  required
     amount.  Such payment may be made in installments and may be deferred until
     the date or dates when such Stock Units would have vested. Such payment may
     be  subject  to  vesting  based on the  Participant's  continuing  Service,
     provided  that the  vesting  schedule  shall not be less  favorable  to the
     Participant  than the  schedule  under  which such Stock  Units  would have
     vested.  Notwithstanding  anything to the  contrary  contained  herein,  if
     required to avoid adverse tax consequences  under Section 409A(a)(1) of the
     Code, the  distribution  date(s)  applicable to Stock Units cancelled under
     this  SubSection  (f) shall be the  date(s)  specified  in the  Stock  Unit
     Agreement.  For purposes of this  SubSection  (f), the Fair Market Value of
     any security shall be determined  without regard to any vesting  conditions
     that may apply to such security.

                      ARTICLE 11. AWARDS UNDER OTHER PLANS.

The Company may grant awards under other plans or programs. Such awards may be
settled in the form of Common Shares issued under this Plan. Such Common Shares
shall be treated for all purposes under the Plan like Common Shares issued in
settlement of Stock Units and shall, when issued, reduce the number of Common
Shares available under Article 3.

              ARTICLE 12. PAYMENT OF DIRECTOR'S FEES IN SECURITIES.

12.1 EFFECTIVE  DATE. No provision of this Article 12 shall be effective  unless
and until the Board has determined to implement such provision.

12.2 ELECTIONS TO RECEIVE NSOS, RESTRICTED SHARES OR STOCK UNITS. An Outside
Director may elect to receive his or her annual retainer payments and/or meeting
fees from the Company in the form of cash, NSOs, Restricted Shares or Stock
Units, or a combination thereof, as determined by the Board. Such NSOs,
Restricted Shares and Stock Units shall be issued under the Plan. An election
under this Article 12 shall be filed with the Company on the prescribed form.

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12.3 NUMBER AND TERMS OF NSOS, RESTRICTED SHARES OR STOCK UNITS. The number of
NSOs, Restricted Shares or Stock Units to be granted to Outside Directors in
lieu of annual retainers and meeting fees that would otherwise be paid in cash
shall be calculated in a manner determined by the Board. The terms of such NSOs,
Restricted Shares or Stock Units shall also be determined by the Board.

                        ARTICLE 13. LIMITATION ON RIGHTS.

13.1 RETENTION RIGHTS. Neither the Plan nor any Award granted under the Plan
shall be deemed to give any individual a right to remain an Employee, Outside
Director or Consultant. The Company and its Parents, Subsidiaries and Affiliates
reserve the right to terminate the Service of any Employee, Outside Director or
Consultant at any time, with or without cause, subject to applicable laws, the
Company's certificate of incorporation and by-laws and a written employment
agreement (if any).

13.2 STOCKHOLDERS' RIGHTS. A Participant shall have no dividend rights, voting
rights or other rights as a stockholder with respect to any Common Shares
covered by his or her Award prior to the time when a stock certificate for such
Common Shares is issued or, if applicable, the time when he or she becomes
entitled to receive such Common Shares by filing any required notice of
exercise, paying any required Exercise Price, and satisfying any applicable
withholding obligations. No adjustment shall be made for cash dividends or other
rights for which the record date is prior to such time, except as expressly
provided in the Plan or an Award Agreement.

13.3 REGULATORY REQUIREMENTS. Any other provision of the Plan notwithstanding,
the obligation of the Company to issue Common Shares under the Plan shall be
subject to all applicable laws, rules and regulations and such approval by any
regulatory body as may be required. The Company reserves the right to restrict,
in whole or in part, the delivery of Common Shares pursuant to any Award prior
to the satisfaction of all legal requirements relating to the issuance of such
Common Shares, to their registration, qualification or listing or to an
exemption from registration, qualification or listing.

                            ARTICLE 14. TAX MATTERS.

14.1 GENERAL. To the extent required by applicable federal, state, local or
foreign law, a Participant or his or her successor shall make arrangements
satisfactory to the Company for the satisfaction of any withholding tax
obligations that arise in connection with any Awards granted under the Plan. The
Company shall not be required to issue any Common Shares or make any cash
payment under the Plan until such obligations are satisfied.

14.2 SHARE WITHHOLDING. To the extent that applicable law subjects a Participant
to tax withholding obligations, the Committee may permit such Participant to
satisfy all or part of such obligations by having the Company withhold all or a
portion of any Common Shares that otherwise would be issued to him or her or by
surrendering all or a portion of any Common Shares that he or she previously
acquired. Such Common Shares shall be valued at their Fair Market Value on the
date when they are withheld or surrendered. This Section 14.2 shall apply only
to the minimum extent required by applicable tax laws.

                                       10
<PAGE>
14.3 SECTION 409A MATTERS. Except to the extent otherwise set forth in an Award
Agreement, it is intended that Awards granted under the Plan be exempt from
Section 409A of the Code, and any ambiguity in the terms of Awards and the Plan
shall be interpreted consistently with this intent. To the extent an Award is
not exempt from Section 409A of the Code, any ambiguity in the terms of such
Award and the Plan shall be interpreted in a manner that to the maximum extent
permissible supports compliance with the requirements of that statute such that
Section 409A(a)(1) of the Code shall not apply. Notwithstanding anything in the
Plan or an Award Agreement to the contrary, to the extent necessary to avoid
application of Section 409A(a)(1) of the Code with respect to a Participant who
is a "specified employee" within the meaning of Section 409A of the Code at the
time of such Service termination, if the payment of any amount under an Award
would result in the imposition of additional tax under Section 409A(a)(1) of the
Code if paid to the Participant on or within the six (6) month period following
Participant's Service termination, then the payment of such amount will not be
made until the date six (6) months and one (1) day following the date of
Participant's Service termination; provided that if the Participant dies
thereafter but before the date that is six (6) months and one (1) day following
Service termination, then such amount will be paid to the Participant's estate
as soon as practicable following his or her death. In addition, unless otherwise
determined by the Committee, with respect to any Award subject to Section 409A
of the Code that settles or pays as a result of a termination of the
Participant's Service, a Service termination shall mean a "separation of
service" as defined under final Treasury Regulations issued under Section 409A
of the Code.

                       ARTICLE 15. LIMITATION ON PAYMENTS.

15.1 SCOPE OF LIMITATION. This Article 15 shall apply to an Award only if:

     (a) The  independent  auditors  selected for this purpose by the  Committee
     (the  "Auditors")  determine that the after-tax  value of such Award to the
     Participant, taking into account the effect of all federal, state and local
     income  taxes,   employment  taxes  and  excise  taxes  applicable  to  the
     Participant (including the excise tax under Section 4999 of the Code), will
     be greater after the  application of this Article 15 than it was before the
     application of this Article 15; or (b) The Committee, at the time of making
     an Award  under the Plan or at any time  thereafter,  specifies  in writing
     that such  Award  shall be subject to this  Article 15  (regardless  of the
     after-tax value of such Award to the Participant).

If this Article 15 applies to an Award, it shall supersede any contrary
provision of the Plan or of any Award granted under the Plan.

15.2 BASIC RULE. In the event that the Auditors determine that any payment or
transfer by the Company under the Plan to or for the benefit of a Participant (a
"Payment") would be nondeductible by the Company for federal income tax purposes
because of the provisions concerning "excess parachute payments" in Section 280G
of the Code, then the aggregate present value of all Payments shall be reduced
(but not below zero) to the Reduced Amount. For purposes of this Article 15, the
"Reduced Amount" shall be the amount, expressed as a present value, which
maximizes the aggregate present value of the Payments without causing any
Payment to be nondeductible by the Company because of Section 280G of the Code.
For purposes of this Article 15, present value shall be determined in accordance
with Section 280G(d)(4) of the Code.

                                       11
<PAGE>
15.3 REDUCTION OF PAYMENTS. If the Auditors determine that any Payment would be
nondeductible by the Company because of Section 280G of the Code, then the
Company shall promptly give the Participant notice to that effect and a copy of
the detailed calculation thereof and of the Reduced Amount. The Participant's
Payments will then be reduced in a manner that (a) first reduces any Payment
subject to Code Section 409A (or if there are more than one such Payment, then
all such Payments on a pro-rata basis) and then, to the extent necessary and in
such manner as the Participant may elect, reduces any Payment(s) that is/are not
subject to Code Section 409A; provided that if the Participant does not make
such election within 10 days after receipt of the notice described above, then
the Company may elect which and how much of the Payments shall be eliminated or
reduced (as long as after such election the aggregate present value of the
Payments equals the Reduced Amount) and shall notify the Participant promptly of
such election; and (b) does not result in any Payment becoming subject to Code
Section 409A(a)(1). All determinations made by the Auditors under this Article
15 shall be binding upon the Company and the Participant and shall be made
within 60 days of the date when a Payment becomes payable or transferable. As
promptly as practicable following such determination and the elections
hereunder, the Company shall pay or transfer to or for the benefit of the
Participant such amounts as are then due to him or her under the Plan and shall
promptly pay or transfer to or for the benefit of the Participant in the future
such amounts as become due to him or her under the Plan.

15.4 OVERPAYMENTS AND UNDERPAYMENTS. As a result of uncertainty in the
application of Section 280G of the Code at the time of an initial determination
by the Auditors hereunder, it is possible that Payments will have been made by
the Company which should not have been made (an "Overpayment") or that
additional Payments which will not have been made by the Company could have been
made (an "Underpayment"), consistent in each case with the calculation of the
Reduced Amount hereunder. In the event that the Auditors, based upon the
assertion of a deficiency by the Internal Revenue Service against the Company or
the Participant that the Auditors believe has a high probability of success,
determine that an Overpayment has been made, such Overpayment shall be treated
for all purposes as a loan to the Participant that he or she shall repay to the
Company, together with interest at the applicable federal rate provided in
Section 7872(f)(2) of the Code; provided, however, that no amount shall be
payable by the Participant to the Company if and to the extent that such payment
would not reduce the amount that is subject to taxation under Section 4999 of
the Code. In the event that the Auditors determine that an Underpayment has
occurred, such Underpayment shall promptly be paid or transferred by the Company
to or for the benefit of the Participant, together with interest at the
applicable federal rate provided in Section 7872(f)(2) of the Code. All such
payments under this Section 15.4 shall be made by the end of the Participant's
taxable year following the Participant's taxable year in which the taxes that
are the subject of the audit or litigation are remitted to the taxing
authorities, or where as a result of such audit or litigation no taxes are
remitted, the end of the Participant's taxable year following the Participant's
taxable year in which the audit is complete or there is a final and
non-appealable settlement or other resolution of the litigation.

15.5 RELATED CORPORATIONS. For purposes of this Article 15, the term "Company"
shall include affiliated corporations to the extent determined by the Auditors
in accordance with Section 280G(d)(5) of the Code.

                                       12
<PAGE>
                         ARTICLE 16. FUTURE OF THE PLAN.

16.1 TERM OF THE PLAN. The Plan shall remain in effect until the earlier of (a)
the date when the Plan is terminated under Section 16.2, or (b) May 9, 2021.

16.2 AMENDMENT OR TERMINATION. The Board may, at any time and for any reason,
amend or terminate the Plan. No Awards shall be granted under the Plan after the
termination thereof. The termination of the Plan, or any amendment thereof,
shall not affect any Award previously granted under the Plan.

16.3 STOCKHOLDER APPROVAL. An amendment of the Plan shall be subject to the
approval of the Company's stockholders only to the extent required by applicable
laws, regulations or rules.

                            ARTICLE 17. DEFINITIONS.

17.1 "AFFILIATE" means any entity other than a Subsidiary, if the Company and/or
one or more Subsidiaries own not less than 50% of such entity.

17.2 "AWARD" means any award of an Option, a SAR, a Restricted Share or a Stock
Unit under the Plan.

17.3 "BOARD" means the Company's Board of Directors, as constituted from time to
time.

17.4 "CHANGE IN CONTROL" means:

     (a) The  consummation  of a merger or  consolidation  of the Company or any
     Subsidiary   with  or  into   another   entity  or  any   other   corporate
     reorganization,   if  immediately  after  such  transaction  the  Ownership
     Percentage (as defined below) of persons who were not  stockholders  of the
     Company  immediately  before  such  transaction  is 30% or more;  provided,
     however,  that if such  percentage  is less than  50%,  a  majority  of the
     Incumbent   Directors  (as  defined  below)  may  determine  prior  to  the
     consummation of such  transaction that a Change in Control has not occurred
     after considering all relevant factors;

     (b) The sale,  transfer or other disposition of all or substantially all of
     the Company's assets;

     (c) A change in the  composition  of the Board,  as a result of which fewer
     than two-thirds of the incumbent directors are directors who either (i) had
     been directors of the Company on the date hereof (the "Original Directors")
     or (ii) were  elected,  or nominated  for  election,  to the Board with the
     approval  of at least a majority of the sum of (A) the  Original  Directors
     who were still in office at the time of the election or nomination  and (B)
     the  directors  whose  election or  nomination  was  previously so approved
     (collectively, the "Incumbent Directors"); or

     (d) Any  transaction  as a result  of which any  person is the  "beneficial
     owner" (as  defined in Rule 13d-3  under the  Exchange  Act),  directly  or
     indirectly,  of securities of the Company  representing at least 25% of the
     total voting power  represented  by the Company's then  outstanding  voting
     securities.

                                       13
<PAGE>
For purposes of this Section 17.4, the term "person" shall have the same meaning
as when used in Sections 13(d) and 14(d) of the Exchange Act but shall exclude
(i) a trustee or other fiduciary holding securities under an employee benefit
plan of the Company or of a Parent or Subsidiary and (ii) a corporation owned
directly or indirectly by the stockholders of the Company in substantially the
same proportions as their ownership of the Common Shares.

For purposes of SubSection (a) above, the term "Ownership Percentage" means the
percentage of the voting power of the outstanding securities of (i) the
continuing or surviving entity and (ii) any direct or indirect parent
corporation of such continuing or surviving entity.

For purposes of the PROVISO in SubSection (a) above, the factors to be
considered by the Board in determining that a Change in Control has not occurred
shall include, without limitation:

     (i) The Ownership Percentage;

     (ii) Whether there is a change in the composition of the Board or the board
     of directors of the continuing or surviving entity;

     (iii)  Whether  there is a change in the  management  of the Company or the
     continuing or surviving entity;

     (iv) The extent of the  anticipated  change in the business,  operations or
     assets of the Company or the continuing or surviving entity;

     (v) The level of severance benefits  available to comparable  management at
     any entity other than the Company resulting from any transaction  specified
     in SubSections (a) through (d) above; and

     (vi) Whether  treating the  transaction as a Change in Control for purposes
     of the Plan is  necessary  or  desirable  for  purposes  of  achieving  the
     business objectives of the transaction specified in SubSections (a) through
     (d) above.

A transaction shall not constitute a Change in Control if its sole purpose is to
change the state of the Company's incorporation or to create a holding company
that will be owned in substantially the same proportions by the persons who held
the Company's securities immediately before such transaction.

17.5 "CODE" means the Internal Revenue Code of 1986, as amended.

17.6  "COMMITTEE"  means the  Compensation  Committee  of the Board,  as further
described in Article 2.

17.7 "COMMON SHARE" means one share of the common stock of the Company.

17.8 "COMPANY" means SavWatt USA, Inc., a Delaware corporation.

17.9 "CONSULTANT" means a consultant or adviser who provides bona fide services
to the Company, a Parent, a Subsidiary or an Affiliate as an independent
contractor.

                                       14
<PAGE>
17.10  "EMPLOYEE"  means a  common-law  employee  of the  Company,  a Parent,  a
Subsidiary or an Affiliate.

17.11 "EXCHANGE ACT" means the Securities Exchange Act of 1934, as amended.

17.12 "EXERCISE PRICE," in the case of an Option, means the amount for which one
Common Share may be purchased upon exercise of such Option, as specified in the
applicable Stock Option Agreement. "Exercise Price," in the case of a SAR, means
an amount, as specified in the applicable SAR Agreement, which is subtracted
from the Fair Market Value of one Common Share in determining the amount payable
upon exercise of such SAR.

17.13 "FAIR MARKET VALUE" means the closing sales price (or the closing bid, if
no sales were reported) of the Common Shares on the principal U.S. market for
Common Shares on the applicable date or, if the applicable date was not a
trading day, on the last trading day prior to the applicable date. If Common
Shares are no longer traded on a public U.S. securities market, the Fair Market
Value shall be determined by the Committee in good faith on such basis as it
deems appropriate. The Committee's determination shall be conclusive and binding
on all persons.

17.14 "INVOLUNTARY TERMINATION" shall have the meaning given such term in the
agreement applicable to the Award or in any other agreement between the Company
and the Participant.

17.15 "ISO" means an incentive  stock option  described in Section 422(b) of the
Code.

17.16 "NSO" means a stock  option not  described  in Sections  422 or 423 of the
Code.

17.17 "OPTION" means an ISO or NSO granted under the Plan and entitling the
holder to purchase Common Shares.

17.18 "OPTIONEE" means an individual or estate holding an Option or SAR.

17.19 "OUTSIDE DIRECTOR" means a member of the Board who is not an Employee.

17.20 "PARENT" means any corporation (other than the Company) in an unbroken
chain of corporations ending with the Company, if each of the corporations other
than the Company owns stock possessing 50% or more of the total combined voting
power of all classes of stock in one of the other corporations in such chain. A
corporation that attains the status of a Parent on a date after the adoption of
the Plan shall be considered a Parent commencing as of such date.

17.21 "PARTICIPANT" means an individual or estate holding an Award.

17.22 "PLAN" means this SavWatt USA, Inc. 2011 Equity Incentive Plan, as amended
from time to time.

17.23 "RESTRICTED SHARE" means a Common Share awarded under the Plan.

17.24 "RESTRICTED STOCK AGREEMENT" means the agreement between the Company and
the recipient of a Restricted Share that contains the terms, conditions and
restrictions pertaining to such Restricted Share.

                                       15
<PAGE>
17.25 "SAR" means a stock appreciation right granted under the Plan.

17.26 "SAR AGREEMENT" means the agreement between the Company and an Optionee
that contains the terms, conditions and restrictions pertaining to his or her
SAR.

17.27 "SERVICE" means service as an Employee, Outside Director or Consultant.

17.28 "STOCK OPTION AGREEMENT" means the agreement between the Company and an
Optionee that contains the terms, conditions and restrictions pertaining to his
or her Option.

17.29 "STOCK UNIT" means a bookkeeping entry representing the equivalent of one
Common Share, as awarded under the Plan.

17.30 "STOCK UNIT AGREEMENT" means the agreement between the Company and the
recipient of a Stock Unit that contains the terms, conditions and restrictions
pertaining to such Stock Unit.

17.31 "SUBSIDIARY" means any corporation (other than the Company) in an unbroken
chain of corporations beginning with the Company, if each of the corporations
other than the last corporation in the unbroken chain owns stock possessing 50%
or more of the total combined voting power of all classes of stock in one of the
other corporations in such chain. A corporation that attains the status of a
Subsidiary on a date after the adoption of the Plan shall be considered a
Subsidiary commencing as of such date.

                                       16Exhibit 10.1

Exhibit 10.1
 

AMENDMENT TO PROMISSORY NOTE

THIS AGREEMENT (the “Amendment Agreement”) is made effective as of the 5th day of May, 2011.

BETWEEN:

American Lithium Minerals, Inc. of 130 King Street West, Suite 3670, Toronto, ON M5X 1A9 (“Company”)

AND:

Hugh Aird, business person, with an address at 148A Balmoral Avenue, Toronto, Ontario M4V 1J4 (“Consultant”)

WHEREAS:

	A.      	
On March 24, 2011, Company entered into a consulting agreement the (“Consulting Agreement”) with Consultant with effect from May 30, 2010.

	 	 
	B.      	
Pursuant to the Consulting Agreement, the Company has agreed to issue to Consultant stock compensation of 2,000,000 in the capital stock of the Company of which 600,000 shares have been issued to date.

	 	 
	C.      	
In order to accommodate the Company’s authorized capital restrictions, the parties wish to reduce the aggregate compensation payable pursuant to the Consulting Agreement from 2,000,000 common shares to 1,475,000 common shares.

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

1. The Consulting Agreement shall be amended as follows:

(a) in the section 3.1 of the Consulting Agreement, the number “2,000,000” shall be deleted and replaced with “1,475,000”.

2. In all other respects the Consulting Agreement shall remain unchanged.

3. This amendment Agreement may be executed in one or more counterparts, all of which will be considered one and the same agreement and will become effective when one or more counterparts have been signed by each of the parties and delivered to the other parties, it being understood that all parties need not sign the same counterpart.

4. This Amendment Agreement may be executed by delivery of executed signature pages by fax and such fax execution will be effective for all purposes.

 

IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

AMERICAN LITHIUM MINERALS INC.

Per: /s/ Hugh Aird

Hugh Aird 

Chairman and CEO

Date: May 5, 2011

/s/ Hugh Aird

Hugh Aird

Date: May 5, 2011

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