Document:

FedEx
                                 Federal Express
                      Latin America and Caribbean Division

              VOICE ENABLED CUSTOMER SERVICE APPLICATION AGREEMENT

This agreement (the "Agreement") is made as of the date of execution, between
Federal Express Corporation ("FedEx"), a Delaware company, with a mailing
address at 701 Waterford Way, Suite 1000, Miami, Florida 33128, and Intraco
Systems, Inc, a corporation existing under the laws of the State of Nevada
("Contractor" or "Intraco"), with a mailing address at 3998 FAU Blvd., Suite
210, Boca Raton, FL 33431.

                              TERMS AND CONDITIONS

1        Scope of Work

Subject to all of the terms and conditions of this Agreement, FedEx agrees to
purchase and the Contractor agrees to provide the Voice Enabled Customer Service
Application System ("VECSA System") described and specified in Contractor's
proposal. The Contractor agrees to furnish all services, labor, materials,
documentation, equipment, and software to install, test the VECSA System,
integrate it to existing FedEx databases and systems and to provide the required
training, warranties and maintenance. Contractor shall abide by the FedEx
specifications and instructions regarding the performance of this Agreement.
Contractor hereby acknowledges that all customers developed through the
performance of this Agreement, if any, are seeking the services of FedEx, thus,
all customer contacts are solely the property of FedEx.

2        Term

The term of this Agreement shall commence on the date of execution by duly
authorized representatives of the parties (the "Effective Date"), and shall
continue thereafter for six (6) months after FedEx's Final Acceptance of the
VECSA System. This Agreement may be renewed, but shall not be renewed
automatically, for an additional six (6) month period, subject to the
requirements for renewal provided herein. Renewals shall be agreed upon by the
parties in writing and executed by duly authorized representatives of the
parties, and shall be subject to the terms and conditions of this Agreement,
especially those regarding early termination. In the event a renewal of this
Agreement is not duly executed by the parties, the parties agree that the terms
and conditions of this Agreement in its entirety will be applicable to the
relationship between them, that the Agreement shall be a month-to-month
fixed-term engagement, and such relationship shall be subject to the termination
provisions set forth herein. Either party shall be entitled to terminate the
engagement at any time, without cause, by giving notice of its intent to
terminate the Agreement thirty (30) days prior to the desired termination date.

FedEx shall be under no obligation whatsoever to continue this Agreement, beyond
any agreed term, and Contractor shall not be entitled to any severance payment,
damages, or compensation in any form or manner based upon, or due to, FedEx's
decision not to so continue or extend this Agreement. FedEx reserves the right,
at its sole discretion, to enter into similar agreements with third parties, and
Contractor shall have no claim to participate in such traffic or to share in any
compensation paid by FedEx therefor. FedEx shall be entitled to execute
Agreements of a nature similar to this Agreement with other parties.

3        Payments

Payments shall be made in accordance with the terms specified in the exhibits to
this Agreement. Payments do not constitute whole or partial acceptance of the
VECSA System; acceptance shall only occur by formal written notice to that
effect.

3        Termination

Either party has the right to terminate this Agreement if the other party is in
default of any material obligation or representation of this Agreement, which
substantially harms the non-defaulting party, and which default is incapable of
cure or which, being capable of cure, has not been cured within twenty (20) days
after receipt of written notice of such default (or such additional cure period
as the non-defaulting party may authorize). Default, however, does not
automatically terminate this Agreement.

Contractor shall also be deemed in default if the VECSA System exhibits defects
causing serious disruption of use and/or repeated periods of downtime,
notwithstanding Contractor's remedial or maintenance efforts. Any delay in
fulfilling Contractor's tasks in delivering a functioning VECSA System is a
material default.

In the event of any such default by Contractor, FedEx shall serve notice thereof
upon the Contractor. In addition to the foregoing, FedEx shall be entitled to
all remedies available in law in the event of any default of the Contractor or
in equity.

4        Termination by virtue of acts of insolvency

                                                   Contractor's initials: /s/ WN
                                                                          ------
                                                        FedEx's initials: /s/ HF
                                                                          ------

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FedEx may terminate this Agreement by written notice if Contractor becomes
insolvent, makes a general assignment for the benefit of creditors, suffers or
permits the appointment of a receiver for its business or assets, becomes
subject to any proceeding under any bankruptcy or insolvency law whether
domestic or foreign, or has wound up or liquidated, voluntarily or otherwise.

5        Force Majeure, Suspension and Termination

In the event that either party is unable to perform its obligations under this
Agreement, or to enjoy any of its benefits because of (or if loss of the VECSA
System is caused by) natural disaster or actions or decrees of governmental
bodies (hereinafter referred to as a "Force Majeure Event" or the "Event"), the
party who has been so affected immediately shall give notice to the other party
and shall do everything possible to resume performance. Upon receipt of such
notice, this Agreement shall be immediately suspended. If the period of
non-performance exceeds fifteen (15) days from the receipt of notice of the
Force Majeure Event, the party whose ability to perform has not been so affected
may terminate this Agreement by giving written notice. If such Event shall
affect the Final Acceptance or warranty schedules of this Agreement, such date
or warranty period shall automatically be extended for a period equal to the
duration of such Event.

6        Notice of Termination

Termination of this Agreement must be by written notice to the other party
specifying the date when the termination shall be effective.

7        Conduct upon Expiration or Termination

In the event this Agreement is terminated prior to its expiration because of
default or violation of the terms of the Agreement by the Contractor, within
fourteen (14) days after notification by FedEx, Contractor shall remove all
hardware, restore the premises to its prior condition. There shall be no
obligation on the part of FedEx to make any further payments.

8        Time Is of the Essence

The VECSA System is critical to the smooth operations of FedEx. Customers
require the functionality provided by the VECSA System, the lack of which
directly equates to lost revenues for FedEx. It is critical that Final
Acceptance of the VECSA system occurs at the time required by FedEx. Therefore,
FedEx and the Contractor agree that time is of the essence.

9        Confidential Information

As used herein, "Confidential Information" means (i) the terms and provisions of
this Contract and any related documents delivered concurrently herewith, and
(ii) all FedEx computer hardware, all software, all data, reports, analyses,
compilations, studies, interpretations, forecasts, records and other materials
(in whatever form maintained, whether documentary, computer storage or
otherwise) that contain or otherwise reflect information concerning the FedEx
System, FedEx Services or the services of any of FedEx's subsidiaries or
affiliates, or any portion thereof, that FedEx may provide to Contractor in
connection with this Contract ("Provided Information"), together with all data,
reports, analyses, compilations, studies, interpretations, forecasts, records or
(iii) other materials (in whatever form maintained, whether documentary,
computer storage or otherwise) prepared by Contractor after receiving Provided
Information that contain or otherwise reflect or are based upon, in whole or in
part, any Provided Information or that reflect the review of, interest in, or
evaluation of all or any portion of the transactions contemplated by this
Contract and any related documents delivered concurrently herewith ("Derived
Information"). As used herein, "Agents" means, collectively, the respective
directors, employees, controlling persons or attorneys of the parties. As used
herein, the term "person" shall be broadly interpreted to include, without
limitation, any corporation, partnership, trust or individual; the term
"Receiving Party" shall mean the Contractor; and the term "Disclosing Party"
shall mean FedEx.

Contractor hereby agrees that all Confidential Information shall be kept
confidential and shall not, without the prior written consent of FedEx, be
disclosed by the Contractor in any manner whatsoever, in whole or in part, other
than to Contractor's Agents, and shall not be used, directly or indirectly, for
any purpose other than in connection with this Contract and not in any way
inherently detrimental to FedEx. Moreover, Contractor agrees to reveal
Confidential Information only to its Agents if and only to the extent that such
Agents, have a strict need to know such Confidential Information for the purpose
of the Contractor satisfying its obligations under this Contract and are
informed of the confidential nature of the Confidential Information and agree to
be bound by the terms and conditions of this Contract. The Contractor shall be
responsible for any breach of this Contract by its Agents (including Agents who,
subsequent to the first date of disclosure of Confidential Information
hereunder, become former Agents). Moreover, Contractor shall take all reasonably
necessary measures to restrain its Agents (and former Agents) from unauthorized
disclosure or use of the Confidential Information.

Notwithstanding anything in this Contract to the contrary, Confidential
Information shall not include any information which (1) at the time of
disclosure to Contractor is generally available to and known by the public
(other than as a result of any disclosure made

                                                   Contractor's initials: /s/ WN
                                                                          ------
                                                        FedEx's initials: /s/ HF
                                                                          ------

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directly or indirectly or other action or inaction by the Contractor or anyone
to whom the Contractor or any of its Agents transmit or transmitted any
Confidential Information); (2) becomes publicly available in the future (other
than as a result of a disclosure made directly or indirectly or other action or
inaction by the Contractor or anyone to whom the Contractor or any of its Agents
transmit or have transmitted any Confidential Information); (3) was available to
the Contractor or its Agents on a non-confidential basis from a source other
than the FedEx or any of its subsidiaries or affiliates or any of their
respective Agents providing such information (provided that to the best of the
Contractor's knowledge, after due inquiry, such source is not or was not bound
to maintain the confidentiality of such information);

In the event that Contractor or Contractor's Agents become legally compelled (by
deposition, interrogatory, request for documents, subpoena, civil investigative
demand or similar process) to disclose any of the Confidential Information of
FedEx, Contractor shall, unless prohibited by law, provide FedEx prompt prior
written notice of such requirement so that it may seek a protective order or
other appropriate remedy, or both, or waive compliance with the terms of this
Contract. In the event that such protective order or other remedy is not
obtained, or FedEx waives compliance with the provisions hereof, the Contractor
agrees to furnish only such portion of the Confidential Information that the
Contractor is advised by written opinion of FedEx's counsel is legally required
to be furnished by it and shall exercise its reasonable best efforts to obtain
reliable assurance that confidential treatment shall be accorded such
Confidential Information.

Contractor hereby agrees that all such Confidential Information will be forever
treated and maintained by said party as strictly confidential and, except in the
performance of its obligations hereunder, Contractor will not at any time
disclose any such Confidential Information to any third party or use such
confidential information for any purpose whatsoever without FedEx's prior
written consent. Furthermore, Contractor shall safeguard any and all of FedEx's
property entrusted to its care, including, without limitation, all promotional
materials, lists, storage media (e.g., floppy discs and compact discs) and,
after its use thereof, said party shall return same to the other party.

It is recognized and hereby acknowledged that any breach or violation by
Contractor of any or all of the covenants or agreements set forth above may
cause irreparable harm or damage to FedEx's business, the monetary amount of
which may be virtually impossible to ascertain. As a result, Contractor agrees
that FedEx shall be entitled to an injunction issued by any court of competent
jurisdiction enjoining and restraining any and all breaches or violations of
such covenants by the Contractor or its associates, affiliates, partners,
employees, agents or designees, either directly or indirectly, and that such
right to an injunction shall be cumulative and in addition to whatever other
remedies FedEx may possess at law or in equity. Nothing contained herein shall
be construed to prevent FedEx from seeking and recovering from the Contractor
damages sustained by it as a result of any breach or violation by Contractor of
any of the covenants or agreements contained herein. This provision shall
survive the expiration or earlier termination of this Contract.

Contractor shall refrain from duplicating the FedEx's Confidential Information
for any purpose other than for the performance of its obligations under this
Contract and for the benefit of FedEx; or use the FedEx's Confidential
Information for any reason or purpose other than as expressly permitted in this
Contract.

Upon termination of this Contract or if either party so requests, the Contractor
shall return to FedEx or destroy all copies of the Confidential Information in
its possession and the possession of its Agents and will destroy all copies of
any Derived Information; provided, however, that this Contract will continue to
apply to the Confidential Information and/or Derived Information contained or
reflected in such copies.

Each party shall be solely responsible for any information that such party
provides to the other party, and the receiving party shall be deemed to act as a
passive conduit for the other party's online distribution and publication of
such information. Notwithstanding the foregoing, each party may, subject to the
provisions established herein, take any action with respect to such information
that it deems reasonably necessary or appropriate, in its sole discretion, if
such party believes such information may create liability for it. Each party
will use its best efforts to ensure that its information does not contain any
viruses or other computer programming routines that are intended to damage,
detrimentally interfere with, surreptitiously intercept or expropriate any
system, data or personal information.

10       Risk of Loss

FedEx is relieved of any liability for loss or damage to equipment or software
during periods of transportation, installation and possession from the Effective
Date until the termination of this Agreement.

11       Agreement Administration

Henry D. Fields is the only officer authorized to execute any amendments to this
Agreement.

                                                   Contractor's initials: /s/ WN
                                                                          ------
                                                        FedEx's initials: /s/ HF
                                                                          ------

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FedEx shall designate a Project Manager to be responsible for managing FedEx's
responsibilities and resources under this Agreement, and who shall be
responsible for all coordination with the Contractor. The Project Manager shall
also be responsible for reviewing all Contractor Invoices, auditing Contractor
records as required, inspecting Contractor's work, and handling all other
day-to-day project matters for FedEx.

The Project Manager shall be the following individual; provided that FedEx may
change this assignment by written notification to Contractor:

David Waggoner
701 Waterford Way
Miami, Florida 33128
(786) 388-2677

The Project Manager shall have the right to correct, in writing, any clerical,
mathematical or minor errors or omissions in the specifications when such
corrections are necessary for the proper fulfillment of their intention.

12       Meetings

After execution of the Agreement, technical, scheduling and status meetings will
be held. These meetings will be for the purpose of, but not limited to
establishing the project schedule, establishing design and functional details,
and establishing delivery, installation, testing, and maintenance of hardware
and software.

Meetings will be scheduled as needed to complete project milestones. The
Contractor agrees to provide the services of his technical representatives for
meetings requested by FedEx for a reasonable purpose or particular need at no
additional cost to FedEx.

13       Licenses, Permits and Approvals

The Contractor must apply for and obtain all licenses, permits and approvals
from any relevant regulatory agencies. The cost of all licenses, permits and
approvals shall be borne by the Contractor.

14       Inspections and Corrections

Contractor's performance shall be subject to inspection and testing by FedEx at
any time. However, FedEx is not responsible for managing the project and the
Contractor is not relieved of its responsibility for inspecting, testing, and
correcting its work to comply with FedEx's specifications. Contractor shall
assist in any such inspection by the Project Manager or his/her designee to
allow a determination of Contractor's compliance with the specifications for
this project. Such inspections shall not unduly interfere with Contractor's
performance.

If the Project Manager or his/her designee determines that the Contractor's
performance is not in compliance with the specifications and requirements of
this Agreement, FedEx may require the Contractor to correct the performance at
no additional cost to FedEx.

If the Contractor fails to correct the performance within a reasonable period of
time, FedEx shall have the right to correct the performance by whatever means it
chooses and may deduct the cost thereof from any sums due to Contractor.

15       No Subcontractors

The Contractor may not enter into subcontracts with third parties for its
performance of any part of the Contractor's duties and obligations; and in no
event shall the existence of a subcontract operate to release or reduce the
liability of the Contractor to FedEx for any breach in the performance of the
Contractor's duties. The Contractor agrees to hold FedEx harmless hereunder for
any loss or damage of any kind occasioned by the acts or omissions of the
Contractor's subcontractors, their agents, or employees.

16       Protection or Persons and Property

Contractor at all times shall protect FedEx's property from injury or loss
arising in connection with this Agreement. Contractor shall take all necessary
precautions for the safety of employees and shall comply with all applicable
provisions of federal, state, and local

                                                   Contractor's initials: /s/ WN
                                                                          ------
                                                        FedEx's initials: /s/ HF
                                                                          ------
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laws, codes and regulations to prevent accidents or injury to persons on, about
or adjacent to any premises where work is being performed.

Contractor shall erect and properly maintain at all times all necessary
safeguards for the protection of Contractor's employees, FedEx employees, and
the public.

17       Site Inspection and Preparation

The Contractor has inspected FedEx's sites and facilities for the installation
of the VECSA System, finding it acceptable for that purpose.

18       Final Acceptance

FedEx shall certify its Final Acceptance after the VECSA System has successfully
completed all testing. Final payment to the Contractor will be made after Final
Acceptance.

19       Training and Documentation

Contractor shall provide FedEx at no additional charge with all assistance,
detailed documentation and technical information (including updates), advice and
training required by FedEx. FedEx shall have the right to reproduce all
documentation.

20       Warranties

Contractor warrants, for a period of twelve (12) consecutive months after the
Final Acceptance Date, that the VECSA System and any and all products furnished
under this Agreement will be free from defects in design, material and
workmanship, that it will be in full conformity with Contractor's published
specifications, drawings, or samples, that it will function in accordance with
specifications contained in this Agreement, that it will continue to function in
compliance with the standard of performance initially required during the
Acceptance Test, and that Contractor will make all necessary adjustments repairs
and replacements to maintain the VECSA System in such condition at no cost to
FedEx.

If Contractor is not the original equipment manufacturer, Contractor shall pass
through all manufacturers' equipment warranties to FedEx.

The Contractor warrants that the products proposed to and acquired by FedEx
under this Agreement are new and of current manufacture, and that it has no
current plans for announcing a replacement line which would be marketed by
Contractor as replacements for the products contained herein and would result in
reduced support for the product line within which the VECSA System furnished to
FedEx is contained.

The Contractor warrants and represents that the VECSA System is the sole and
exclusive property of Contractor or that Contractor is authorized to provide
full use of the VECSA System to FedEx as provided herein and that said VECSA
System is not subject to any lien, claim, or encumbrance inconsistent with any
of FedEx's rights under this Agreement and that FedEx is entitled to, and shall
be able to enjoy, quiet possession and use of the VECSA System without
interruption by Contractor or any person claiming under or through Contractor or
by right of paramount title.

Contractor warrants that it has full power and authority to grant the rights
granted by this Agreement to FedEx without the consent of any other person.

In the event of any claim by a third party against FedEx asserting a patent,
copyright, trade or secret, or proprietary right violation involving the VECSA
System acquired by FedEx hereunder, Contractor will defend, at its expense, and
will indemnify FedEx against any loss, cost, expense, or liability arising out
of such claim, whether or not such claims is successful. In the event a final
injunction or order shall be obtained against FedEx's full use of the VECSA
System as a result of such claims, suits or proceedings, and if no further
appeal of such ruling is practicable, Contractor shall, at FedEx's option and at
Contractor's expense, (1) procure for FedEx the right to continue full use of
the VECSA System; or (2) replace or modify the same so that it becomes
non-infringing (which modification or replacement shall not affect the
obligation to ensure the VECSA System conforms with applicable specifications);
or (3) if the product is purchased and (1) or (2) above are not practicable,
re-purchase the product from FedEx at the same price paid by FedEx.

If the VECSA System is leased, licensed, or rented, and (1), (2) or (3) above
are not practicable, remove such VECSA System from FedEx's site(s) and pay FedEx
promptly after notification for all direct and consequential damages suffered by
FedEx as a result of the loss of the infringing product and any other whose
continued utility to FedEx is adversely affected by the removal of the
infringing product, and hold FedEx harmless from any further liability therefor
under any applicable Order, Settlement, or other

                                                   Contractor's initials: /s/ WN
                                                                          ------
                                                        FedEx's initials: /s/ HF
                                                                          ------

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agreement. In no event shall FedEx be liable to Contractor for any lease,
rental, or maintenance payments after the date, if any, that FedEx is no longer
legally permitted to use the VECSA System because of such actual or claimed
infringement. In the event removal or replacement of the VECSA System is
required pursuant to this Paragraph, Contractor shall use reasonable care in the
removal or modification thereof and shall, at its own expense, restore FedEx's
premises as nearly to their original condition as is reasonably possible.

Contractor warrants that the VECSA System, and the manufacture and production
therefore, are in compliance with any and all applicable laws, rules, and
regulations.

21       Maintenance

The Contractor shall provide Full Maintenance Services for equipment and
software for the VECSA System. Contractor shall (1) Provide scheduled preventive
maintenance during normal business hours based on the specific needs of the
equipment or software, in the minimum number of hours, and at the frequency set
forth in the preventive maintenance schedule approved by FedEx. Preventive
maintenance shall include adjustments, lubrication, cleaning, replacement of
defective parts, correction and retrofitting for engineering changes. Preventive
maintenance work shall be scheduled with the Project Manager; (2) Provide
unscheduled, on-call remedial maintenance as required for inoperative equipment
or software; (3) Provide maintenance materials, tools, documentation, physical
planning manual, diagnostic and test equipment necessary for the maintenance
services described herein. Contractor shall furnish FedEx with a central
telephone number where notice shall be given of the need for equipment or
software remedial maintenance. This telephone service shall be available 24
hours a day, seven days a week.

In response to calls for service, Contractor shall provide and bear the cost of
parts and labor required to maintain the equipment and software in accordance
with the warranty provisions hereof, and the specifications and performance
capabilities contained in the Agreement between the parties, or any updated
version of the same. Maintenance includes determining the cause of failure,
removing, repairing or replacing parts or elements as necessary in order to
conform with the warranty provisions hereof, delivering and reinstalling the
parts, and placing the equipment or software back into service.

All parts shall be furnished on an exchange basis and will be new standard parts
or parts warranted as new. Each part shall meet or exceed the specifications of
the manufacturer of the unit in which the part is installed and shall be free of
defects in title, material, and workmanship.

The Contractor shall provide all materials, tools, diagnostic/test equipment,
and documentation needed to perform the specified maintenance services.

Contractor shall maintain, at FedEx's site, a written remedial and preventive
maintenance and repair log.

For each incident of equipment or software defect or malfunction, Contractor
shall record therein at least the date and time notified, the date and time of
arrival, the date, time, duration of all maintenance work performed, a
description of the cause for the work, diagnostic reports of correction,
adjustments, or updates, and a description of the work performed.

FedEx shall have unlimited access to this log.

The services shall be performed in a timely and workmanlike manner, using only
qualified and certified (if applicable) maintenance engineers and technicians
who are familiar with the equipment and software they are servicing, and their
operation, and the services shall conform to the standards generally observed in
the industry for similar services.

All Contractor agents, subcontractors, and employees who will have access to
FedEx information by developing, installing, testing and maintaining equipment
and software may be screened by FedEx. FedEx shall have the right to request
replacement of Contractor personnel, for any cause.

Contractor shall supply two sets of specialty tools required for routine
maintenance of the VECSA System which an electronic maintenance person working
regularly in the field would not normally have available. The Contractor shall
provide to FedEx such current diagrams, schematics, manuals, specifications,
listings and other documents necessary for the maintenance. There shall be no
additional charge for said maintenance documents.

Contractor shall provide a letter guaranteeing the availability of all necessary
parts for the maintenance and growth of the VECSA System for a five (5) year
period after Final Acceptance. This guarantee letter shall be provided prior to
Final Acceptance.

Contractor shall maintain a supply of spare parts on FedEx's site adequate to
make emergency repairs. Contractor shall maintain any other spare parts
necessary to repair the VECSA System at a location in FedEx of installation from
which parts can be obtained

                                                   Contractor's initials: /s/ WN
                                                                          ------
                                                        FedEx's initials: /s/ HF
                                                                          ------
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within four (4) hours. Any parts not available locally shall be shipped FedEx on
the same day. This service shall be available 365 days a year.

These maintenance provisions covers all causes of equipment and software
malfunction resulting in downtime.

22       Field Changes

The Contractor shall provide for on-site Field Changes for all products supplied
to FedEx on the same basis that they are furnished to other customers using the
same type of equipment and software. Contractor shall report to FedEx on a
periodic basis not greater than once each quarter the existence of all Field
Changes that have been made available by Contractor for the products supplied to
FedEx. For purposes of this paragraph, Field Changes shall refer to changes that
are applied generally to the product line which FedEx's products are in and
which are intended to correct a defect or omission, to increase reliability, to
enhance the functionality, to improve the logic, or to make any other
improvement in any equipment or software that is supplied to FedEx under this
Agreement. Such periodic report shall include an estimate of the time necessary
to install each such Field Change; the schedule for implementing, and the effect
of installing each Field Change on the functionality of FedEx's VECSA System.
FedEx reserves the right to require Contractor to modify the schedule for
installing Field Changes to accommodate FedEx's needs.

22       Software Licenses

The Contractor hereby grants FedEx a nonexclusive, nontransferable and perpetual
license to use the software required for the VECSA System, including related
documentation under each program element thereof. The software licensed shall
include any improvements, additions, or modifications of the version or versions
of the software which the Contractor has licensed FedEx to use and materials
related thereto and all materials, documentation and technical information
provided to FedEx in written form for use in connection with the software.

FedEx may modify or adapt any portion of software or documentation for its own
use and at its own expense to meet its specific requirements. Such modifications
or adaptations of software or documentation made by FedEx shall remain the
property of FedEx.

In the event that Contractor shall cease doing business, shall be declared
bankrupt or shall fail to perform its obligations under this Agreement, or if
any software provided under this Agreement enters the public domain, then the
license granted under this Agreement shall be terminated and all right, title
and interest in the software shall immediately be vested in FedEx without
payment of any compensation to the Contractor and the escrow agent shall deliver
the source code and documentation to FedEx upon FedEx's request.

Contractor shall make software modifications, including improvements and program
changes, available to FedEx prior to or at the same time such modifications are
available to any of Contractor's customers.

Improvements in the software (which shall mean any additions or modifications
made by Contractor or the software vendor to or in the software at any time
after installation) which improve the efficiency and effectiveness of the basic
program functions and which do not change such functions or create one or more
new ones, shall be furnished to FedEx at no charge. Installation of improvements
shall be done only with FedEx's approval.

If, at any time after installation, Contractor or the software vendor shall
develop any changes in the software which change the basic program functions of
the software or add one or more new ones, FedEx shall have the right to obtain
such program changes at the lesser of (i) Contractor's or the software vendor's
standard prices then in effect for installing such changes, or (ii) the
difference between the then current price of the software including such changes
and the applicable fees and charges for the software reflected herein.

23       Price Protection

The Contractor warrants that of the prices, terms, warranties and benefits
granted by Contractor herein are comparable to or better than the equivalent
terms beings offered by Contractor to any present commercial customer. If the
Contractor shall, during the term of this Agreement, enter into arrangements
with any other customer providing greater benefits or more favorable terms, this
Agreement shall thereupon be deemed amended to provide the same to FedEx. The
Contractor shall promptly notify FedEx of any Agreements so executed.

24       Amendments

The parties reserve the right to amend or modify this Agreement. Amendments to
this Agreement shall be in writing and executed by both parties.

                                                   Contractor's initials: /s/ WN
                                                                          ------
                                                        FedEx's initials: /s/ HF
                                                                          ------
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25       Choice of Exclusive Contracting Place, Governing Law and Venue

The country of United States shall be deemed the place of contracting hereunder,
and the rights and obligations of the parties under this Contract shall be
exclusively governed by and construed and enforced in accordance with the
internal laws of Florida, without regard to any of its conflict of law
provisions or principles, or the conflict of laws provision of any other
jurisdiction. In the event a suit is instituted, the parties hereby submit to
the exclusive jurisdiction of the courts of Florida in respect to any suit or
other proceeding brought in connection with or arising out of this Contract and
venue shall be in Miami-Dade County, Florida.

26       Assignment

The rights and responsibilities of Contractor under this Agreement may not be
assigned or transferred without the express, prior written consent of FedEx.
Failure to provide consent or to reject any assignment shall not be construed as
acceptance or waiver of FedEx's rights to reject any assignment. FedEx may
assign its rights, obligations or both, partially or in its entirety, to a
successor entity or individual. Notwithstanding the prohibition on assignments
by Contractor, this Agreement, and all of the benefits and obligations thereof,
shall be binding upon and shall be enforceable by against the parties-hereto and
their respective successors, assigns (including any direct or indirect successor
by purchase, merger, consolidation or otherwise to all or substantially all of
the business and/or assets of the parties), subject to the early termination
provisions contained in this Agreement.

27       Binding effect

The provisions, covenants and conditions in this Agreement apply to bind the
parties, their legal heirs, representatives, successors, and assigns.

28       Remedies

All remedies available to either party for breach of this Agreement are
cumulative and may be exercised concurrently or separately, and the exercise of
any one remedy shall not be deemed an election of such remedy to the exclusion
of other remedies.

29       Headings

Sections headings are included in the Agreement for convenience only and do not
change, modify, or limit any right or obligation of this Agreement.

30       Independent Contractor

The Parties acknowledge that it is not now, nor was it ever their intent, to
enter into a commercial agency agreement. The Parties further acknowledge that
this Contract is intended to be a services agreement, and that Contractor shall
not be entitled to receive any severance compensation or other payment as a
result of the termination of this Contract. The Parties agree that this Contract
is entered into on a principal-to-principal basis and that Contractor is an
independent contractor acting for its own account and at its sole risk.
Contractor shall not be the agent, representative, distributor or
attorney-in-fact of FedEx. Contractor shall have no authority whatsoever to act
in the name of or on behalf of FedEx, or to bind FedEx in any way.
Notwithstanding the foregoing, if contrary to the intentions of the Parties,
this Contract should be deemed for whatever reason to be a commercial agency,
representation, distribution or other similar legal figure, Contractor hereby
expressly waives any and all rights it may have to claim or receive any benefit
not envisioned in the Contract which may be provided for in existing or future
laws, decrees, or regulations applicable to the Parties. Except as otherwise
contemplated by this Contract, the time, manner, method and place of performance
of each party's obligations under this Contract shall be determined by such
party in its own discretion and judgment.

Contractor acknowledges that this Contract does not grant or create, and shall
not be construed as granting or creating, a franchise or an exclusive right to
the FedEx Services or an agency relationship of any kind, be it general,
commercial agency or otherwise, joint venture, or partnership between FedEx and
Contractor, or a master-servant, employer-employee, or any similar relationship
between FedEx and Contractor, its employees, servants, agents or related
individuals or entities.

Neither party shall have authority to bind, nor shall it attempt so to bind, the
other party or its affiliates to any contract, or the performance of any
obligation, nor represent to third parties that it has any right to enter into
any binding obligation on behalf of the other party or its affiliates, it being
intended that each party shall remain an independent contractor responsible for
its own actions.

                                                   Contractor's initials:/s/ WN
                                                                         ------
                                                       FedEx's initials: /s/ HF
                                                                         ------

                                      -8-
<PAGE>

FEDEX
FEDERAL EXPRESS

It is expressly understood that Contractor is the sole and exclusive employer of
its employees for the purposes of any applicable laws and regulations, and that
Contractor is exclusively responsible for the payment of all salaries, benefits,
taxes, contributions, dismissal indemnities or any other obligations payable to
its employees; and to any government or any agency or subdivision of such
government as a result of the discharge of Contractor's obligations or by reason
of the Contract or its termination. Accordingly, neither FedEx nor any of its
affiliates shall be liable to Contractor, any of Contractor's employees, or to
any government or any agency or subdivision of such government for any taxes,
indemnities, losses or payments of any kind arising from the employment,
discharge or use of any person or organization for the purpose of satisfying
Contractor's obligations under this Contract or which may arise by virtue of its
termination. In addition, the parties agree that Contractor shall not be liable
to FedEx, any of FedEx's employees, or to any government of or any agency or
subdivision of such government for any taxes, indemnities, losses or payments of
any kind arising from the employment, discharge or use of any person or
organization for the purpose of satisfying FedEx's obligations under this
Contract or which may arise by virtue of its termination.

31       Hold Harmless

Contractor agrees to indemnify, defend and hold harmless FedEx, its corporate
parent, its sister companies, its customers, and their respective directors,
officers and employees, from any and all liabilities, damages, losses, expenses,
demands, claims suits or judgments, including reasonable legal fees and
expenses, of any nature, incurred by a third party because of claims relating to
or arising from this Agreement or a violation thereof, use of Contractor or
FedEx's web site or FedEx's proprietary information or the placement or
transmission of any message, information, software or other materials on FedEx's
web site by any third party; any violation of the intellectual property rights
of any third party under copyright, trademark or patent law of the United States
or under applicable foreign laws or international treaties/conventions; or
arising in any manner out of Contractor's execution and/or performance under
this Agreement or its relations with any users, potential and actual, including,
without limitation, liability arising from problems of any nature in any way
related to this Agreement. If FedEx seeks indemnification under this Agreement,
FedEx shall give notice to Contractor promptly after FedEx has actual knowledge
of any demand, claim, suit or judgment as to which indemnity may be sought
("Claim"), and the Contractor shall be obligated (at Contractor's sole expense)
to assume the defense of such Claim. Contractor agrees that (i) counsel for
Contractor who shall conduct the defense of such Claim must be satisfactory to
FedEx; (ii) FedEx may participate in such defense, and may hire its own counsel
in addition to the Contractor's counsel; and (iii) FedEx's omission to give
notice as provided in this section shall not relieve Contractor of its
indemnification obligations under this Agreement. Contractor shall not, except
with FedEx's approval, consent to entry of any judgment or administrative order
or enter into any settlement, that (i) could affect FedEx's business interests;
or (ii) does not include as an unconditional term of settlement, the giving by
the claimant or plaintiff to FedEx of a release from all liability with respect
to such Claim.

32       Ownership

Title to and ownership of the equipment being purchased shall pass to FedEx on
the Final Acceptance Date.

33       Notices

Notices provided for under this Agreement shall be made in writing and shall be
delivered personally or by FedEx, to the addresses provided below. Notice given
electronically or via fax shall be confirmed in writing as set out above.

If to Company:

INTRACO SYSTEMS
3998 FAU BLVD. SUITE 210
BOCA RATON, FL  33431

Telephone: (561) 367-0600
Attention: BOB MARCUS

If to FedEx:

FedEx
     -------------
701 WATERFORD WAY
SUITE 1000
MIAMI, FL  33126

Attention: HENRY FIELDS

With a copy to:
                                                   Contractor's initials: /s/ WN
                                                                          ------
                                                        FedEx's initials: /s/ HF
                                                                          ------

                                      -9-
<PAGE>

FEDEX
FEDERAL EXPRESS

Federal Express Corporation
Legal Department

Latin America and Caribbean Division
701 Waterford Way, Suite 1000
Miami, FL  33126

Attention:  Armando J. Tirado, Esq.
             Regional Counsel

34       Security and Access Restrictions

Access to FedEx facilities will be restricted to personnel who have received a
security clearance from FedEx. Access may also be restricted with respect to the
time and day. Restricted access shall not result in additional charges to FedEx
for overtime or schedule delays.

35       Severability

Any invalidity, in whole or in part, of any provision of this Agreement shall
not affect the validity of any other of its provisions.

36       Storage of Materials

Proper and safe storage of any materials shall be the responsibility of the
Contractor and FedEx will not be responsible for loss of or damage to materials,
tools, appliances, or work arising from acts of theft, vandalism, malicious
mischief or other causes unless such loss or damage results from negligence of
FedEx.

37       Waiver

No term of provision hereof shall be deemed waived and no breach excused unless
such waiver or consent shall be in writing and signed by the party claimed to
have waived or consented. Any consent by any party to, or waiver of, a breach by
the other whether expressed or implied, shall not constitute a continuing waiver
of or consent to, or excuse for any different or subsequent breach.

38       Authority

Each party has full power and authority to enter into and perform this
Agreement, and the person signing this Agreement on behalf of each party has
been properly authorized and empowered to enter into this Agreement. The parties
to this Agreement acknowledge that it is a negotiated agreement, that they have
had the opportunity to have this Agreement reviewed by their respective legal
counsel, and that the terms and conditions of this Agreement are not to be
construed against any party on the basis of such party's draftsmanship thereof.

39       Entire Agreement

This Agreement contains the entire agreement between the parties and supersedes
all prior agreements between the parties, whether written or oral. No
representations, inducements, promises, or agreements which are not embodied
herein shall be of any force or effect. No change, addition, or amendment shall
be made to this Agreement except by a written modification signed by both the
parties hereto. This Agreement may not be modified, amended, varied, waived,
explained, added to, extended, changed in any way, except by a written
instrument executed by a person authorized to execute such an instrument on
behalf of both Contractor and FedEx.

40       Survival

The provisions of this Agreement which by their nature extend beyond the
expiration or earlier termination of the Agreement will survive and remain in
effect until all obligations are satisfied. Specifically, the Contractor's
obligations to indemnify FedEx shall survive this Agreement.

Federal Express Corporation                       Intraco Systems, Inc.

By:    /s/  HENRY FIELDS                          By:    /s/ WALT NAWROCKI
       ------------------                                ----------------------
Name:  HENRY FIELDS                               Name:  WALT NAWROCKI
       ------------------                                ----------------------
Title: VP OF IT                                   Title: CEO
       ------------------                                ----------------------

                                                  Contractor's initials:  /s/ WN
                                                                          ------
                                                       FedEx's initials:  /s/ HF
                                                                          ------

                                      -10-
<PAGE>
FEDEX
FEDERAL EXPRESS

Date:    10-31-2000                               Date:    10/30/00
     ----------------------                            ---------------------

                                                  Contractor's initials:  /s/ WN
                                                                          ------
                                                       FedEx's initials:  /s/ HF
                                                                          ------

                                      -11-
<PAGE>
FEDEX
FEDERAL EXPRESS

-------------------------------------------------------------------------------

                                    Exhibit 1
                                     to the
                             VECSA System Agreement
                                     between
                              Intraco Systems, Inc.
                                       and
                           Federal Express Corporation
                             dated November 1, 2000

                FEDEX VOICE ENABLED CUSTOMER SERVICE APPLICATION

APPLICATION DESCRIPTION:

The Fed Ex Voice Enabled Customer Service application will be initially designed
to handle inbound calls into the Puerto Rico call center to request (schedule) a
package pickup. Customers will use the system to "Schedule a Pick-Up" in the
initial release of the service or they may be directed to a "Live Agent" if they
so choose. This is a complete speech recognition and IVR system that is driven
by voice either in English or Spanish. FedEx will have the option of choosing
another second language engine, other than Spanish as appropriate for the
country where service is being implemented.

                                                  Contractor's initials:  /s/ WN
                                                                          ------
                                                       FedEx's initials:  /s/ HF
                                                                          ------
                                      -12-
<PAGE>

FEDEX
FEDERAL EXPRESS

                         -----------------------------------
                         |SYS:  Thank You for calling      |
                         |FedEx.  For English prompts say  |
                         |English or press 1.  For Spanish |
                         |prompts say Spanish or press 2.  |
                         -----------------------------------
                          |                          |
                          |                          |
                    -------                          ------
                    |                                      |
                    |                                      |
           ---------------------                 ---------------------
           | Caller: English or|                 | Caller: Spanish or|
           |    DTMF 1         |                 |    DTMF 2         |
           |    (Reco)         |                 |    (Reco)         |
           |                   |                 |                   |
           ---------------------                 ---------------------
                    |                                      |
                    |                                      |
           ---------------------                 ---------------------
           |SYS: To schedule   |                 |SYS: To schedule   |
           |a pickup say       |                 |a pickup say       |
           |schedule pickup    |                 |schedule pickup    |
           |or press 1.  For   |                 |or press 1.  For   |
           |all other services |                 |all other services |
           |say Customer       |                 |say Customer       |
           |Representative or  |                 |Representative or  |
           |press 2.           |                 |press 2.           |
           ---------------------                 ---------------------
               |      |                               |      |
               |      |                               |      |
        -------|      |------                  -------|      |-------
        |                   |                  |                    |
------------------- ------------------ ------------------- -------------------
|CALLER:          | |CALLER:         | |CALLER:          | |CALLER:          |
|SCHEDULE A       | |CUSTOMER REP OR | |SCHEDULE A       | |CUSTOMER REP OR  |
|PICKUP OR DTMF 1 | |DTMF 2          | |PICKUP OR DTMF 1 | |DTMF 2           |
| (RECO)          | |(RECO)          | | (RECO)          | | (RECO)          |
------------------- ------------------ ------------------- -------------------
        |                  |                   |                    |
        |                  |                   |                    |
        |                  |                   |                    |
---------------      ---------------     ---------------    ---------------
|GOTO:SCHEDULE|      |    GOTO:    |     |GOTO:SCHEDULE|    |    GOTO:    |
|  COMPONENT  |      |  LIVE AGENT |     |  COMPONENT  |    |  LIVE AGENT |
|             |      |             |     |             |    |             |
 \           /        \           /       \           /      \           /
   \       /            \       /           \       /          \       /
     \   /                \   /               \   /              \   /
       |                    |                   |                  |

MODULAR APPLICATION DESIGN

The system is designed for additional plug in menu application modules for
Tracking Information, International Shipping Information, Drop Off Information,
US Rates, and Order Supplies. As FedEx determines a need for added capabilities
Intraco will design and integrate the additional modules on a per project basis.
All of the testing of new modules will be performed in Intraco's test facility
and approved by FedEx before moving them into FedEx production systems. Average
rollout time for a new module will be 45 days.

MULTI-LANGUAGE CAPABILITY

The system for FedEx Puerto Rico will provide the caller with the option to
proceed in English or Spanish. FedEx will have the option to choose English and
one additional language of choice for those countries where Spanish is not
required. This capability in the future can be expanded. The languages supported
by Intraco Systems are as follows: American English, Australian English,
Canadian French, Cantonese, European French, German, Italian, Japanese,
Mandarin, Portuguese (tuned for Brazil), Spanish, Swedish, and UK English.

LOCATION OF EQUIPMENT

In the interest of reducing line charges, Intraco has agreed to co-locate the
hardware required to provide this service in a facility designated by FedEx and
approved by Intraco. Intraco will retain title to all of the necessary
equipment. Intraco personnel will be granted access to equipment as necessary to
maintain a fully operational system for FedEx. Preferred means of access into
the system is a 24-hour internet connection. Intraco will use this connection to
backup ODR logs and perform messaging in the event the system has an error or
failure.

                                                  Contractor's initials:  /s/ WN
                                                                          ------
                                                       FedEx's initials:  /s/ HF
                                                                          ------

                                      -13-
<PAGE>
FEDEX
FEDERAL EXPRESS

REDUNDANT SERVERS

In the interest of getting the servers up quickly and cost effectively, Intraco
Systems will install one server and will not provide redundancy. Intraco systems
will use the capability of the Nortel Option 11 to route incoming calls to the
live agents in the event the Intraco server fails. In the event of system
failure Intraco Systems will have the servers back online within 48 hours of
time of notification of failure. If FedEx chooses to have redundant servers
Intraco Systems will have the servers up and running within one month of receipt
of the order.

APPLICATION SCRIPTING & DATABASE INTEGRATION

Intraco Systems software development staff will meet with FedEx personnel to
determine the appropriate customized scripts for future components that will be
added to the FedEx Puerto Rico system and final approval of Schedule a Pickup
Component. FedEx will be tasked with providing Intraco Systems software
development staff with an interface to the FedEx database for scheduling a
pickup. Intraco Systems will work with FedEx staff to help define the interface.
Once a module has been finalized and signed off by FedEx, the completed module
can be utilized in any country without additional development costs. If however,
FedEx wishes to modify the module scripts or integration features, these
requested modifications will be made at $150.00 per hour of work required. New
or changed voice prompts requested by FedEx will be charged at $15 per prompt.

[TECHNICAL DIAGRAM OMITTED]

MAINTENANCE

Intraco Systems will be required to maintain the server and software. The cost
of this maintenance is built into the per call cost to FedEx. Intraco Systems
will be responsible for the following:
         a.       Proper recognition of numbers and selected keywords used as
                  commands in the call flow. Intraco Systems will tune this
                  application to the highest accuracy rate possible.

                                                  Contractor's initials:  /s/ WN
                                                                          ------
                                                       FedEx's initials:  /s/ HF
                                                                          ------

                                      -14-
<PAGE>

FEDEX
FEDERAL EXPRESS

         b.       24 x 7 monitoring of system software. FedEx will provide
                  Intraco Systems with a stable internet connection that is up
                  24 x 7 in order for Intraco Systems to provide this service.
         c.       If any part of the "Voice Enabled Customer Service
                  Application" software fails, Intraco Systems will be required
                  to fix the problem within 48 hours of time of notification.
         d.       In the case of hardware failure Intraco Systems is responsible
                  to have the hardware fixed or replaced within 72 hours of
                  notification of problem.
Intraco Systems is not responsible for maintaining the following
         a.       Monitoring of the local PBX and the digital connection to the
                  Intraco Systems hardware.
         b.       Monitoring and maintaining the network connectivity to the
                  local LAN.
         c.       Monitoring and maintaining connectivity with the FedEx
                  database in Memphis.
         d.       Monitoring and maintaining backup power for the Intraco
                  Systems server.
         e.       Monitoring and maintaining proper call overflow.

DEVELOPMENT TIMELINE

English Prototype - 2 weeks from contract signature date.
    English Prototype is defined as followed:
         a.       Working prototype running in an Intraco Systems data center of
                  choice.
         b.       Fully functional "Schedule a Pickup" component working with
                  English prompts and Speech Recognition Technology.
         c.       FedEx personnel will call into the system to confirm the look
                  and feel of the interface. Intraco will make minor changes to
                  the system call flow to meet FedEx requirements.

English / Spanish Prototype - 4 weeks from contract signature date
    English / Spanish Prototype is defined as followed
         a.       Working prototype running in an Intraco Systems data center of
                  choice.
         b.       Fully functional "Schedule a Pickup" component working with
                  both English and Spanish prompts and Speech Recognition
                  Technology.

Production System Operational - 6 weeks from contract signature date
    Production System Operational is defined as followed:
         a.       Working production server located in the FedEx Puerto Rico
                  call center.
         b.       Intraco Systems will not be responsible for the server not
                  being in production due to fault of FedEx. Intraco Systems
                  will deliver a working and tested server and qualified
                  personnel to bring the server on line. FedEx will have
                  appropriate Personnel and hardware available for the Intraco
                  server to interface with.
         c.       Intraco Systems will not take responsibility for missing the
                  deadline due to problems with access to the FedEx personnel or
                  facilities.

COST PROPOSAL

Cost includes "Schedule a Pick-up" application development and testing, fine
tuning, and integration into existing FedEx database.

$50,000 (one time cost). Module may be used in any country, in any number of
countries, at no additional cost.

$25,000 is due at time of contract signing
$25,000 balance due at Final Acceptance by FedEx and prior to set up and turn up
of service

TRANSACTION COSTS

Starting with the first day of service to customers, Intraco will provide two
(2) months of service at no transaction cost. For the balance of this contract,
the following fee schedule will apply regarding total monthly calls processed
and confirmed:

CALL RANGE         MONTHLY CALLS        PRICE/CALL            AMOUNT

0-3500                      3500         $   1.00         $   3,500.00
3501-4500                   4500         $   0.85         $   3,825.00
4501-5500                   5500         $   0.75         $   4,125.00

                                                  Contractor's initials:  /s/ WN
                                                                          ------
                                                       FedEx's initials:  /s/ HF
                                                                          ------

                                      -15-
<PAGE>

FEDEX
FEDERAL EXPRESS

5501-6500                   6500         $   0.65         $   4,225.00
6501-7500                   7500         $   0.60         $   4,500.00
7501-8500                   8500         $   0.55         $   4,675.00
8501-9500                   9500         $   0.50         $   4,750.00
9501-10500                 10500         $   0.49         $   5,145.00
10501-11500                11500         $   0.48         $   5,520.00
11501-12500                12500         $   0.47         $   5,875.00
12501-13500                13500         $   0.46         $   6,210.00
13501-14500                14500         $   0.45         $   6,525.00
14501-15500                15500         $   0.44         $   6,820.00
15501-16500                16500         $   0.43         $   7,095.00
16501-17500                17500         $   0.42         $   7,350.00
17501-18500                18500         $   0.41         $   7,585.00
18501-19500                19500         $   0.40         $   7,800.00
19501 and above            20500         $   0.39         $   7,995.00

CHARGES WILL APPLY TO THE FOLLOWING CALLS:

Calls completed and processed by the Voice CSA System where a scheduled pick up
is confirmed.
Calls partially processed, data is captured and transferred to a FedEx call
center agent, will be at 50% of scheduled rate.

FEDEX WILL NOT BE CHARGED ANY MONEY FOR THE FOLLOWING CALLS:

Calls routed to a live agent as the first choice of the caller.
Calls routed to a live agent anywhere during the call process where Intraco
cannot deliver any captured caller content.

FedEx will provide Intraco a detailed pick up confirmation report to reconcile
against the Call Detail Records processed by the Intraco Voice CSA System.

TRAVEL AND SET UP COST PER LOCATION

$2500.00 for first day.
$1400.00 per day, thereafter.
Estimated time per location - 3 to 5 days

The following Intraco personnel are the only officers authorized to execute any
amendments to this Agreement.

Walt Nawrocki, CEO
Jack Berger, President
Bob Marcus, CFO
Philip Sencer, VP Sales

DISCLAIMER OF WARRANTIES AND REPRESENTATIONS

THE INTRACO SOFTWARE IS PROVIDED UNDER THIS AGREEMENT ON AN "AS IS" BASIS.
COMPANY ACCEPTS ALL RISKS AND LIABILITIES ASSOCIATED WITH ITS USE AND BEARS THE
ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE INTRACO SOFTWARE. INTRACO
DISCLAIMS, ANY AND ALL WARRANTIES, CONDITIONS, OR REPRESENTATIONS (EXPRESS OR
IMPLIED), WITH RESPECT TO THE INTRACO SOFTWARE, DOCUMENTATION, OR ANY PART
THEREOF, INCLUDING ANY AND ALL IMPLIED WARRANTIES OR CONDITIONS OF TITLE,
NONINFRINGEMENT, MERCHANTABILITY, OR FITNESS OR SUITABILITY FOR ANY PURPOSE

                                                  Contractor's initials:  /s/ WN
                                                                          ------
                                                       FedEx's initials:  /s/ HF
                                                                          ------

                                      -16-
<PAGE>

FEDEX
FEDERAL EXPRESS

WHETHER ALLEGED TO ARISE BY LAW, BY REASON OF CUSTOM OR USAGE IN THE TRADE, OR
BY COURSE OF DEALING. IN ADDITION, INTRACO EXPRESSLY DISCLAIMS ANY WARRANTY OR
REPRESENTATION TO ANY PERSON OR THIRD PARTY WITH RESPECT TO THE INTRACO
SOFTWARE, DOCUMENTATION OF ANY PART THEREOF.

LIMITATION OF LIABILITY

INTRACO LIABILITY, WHETHER AS A RESULT OF BREACH OF CONTRACT, WARRANTY,
LIABILITY IN TORT (INCLUDING NEGLIGENCE), OR OTHERWISE, SHALL NOT EXCEED
PAYMENTS MADE BY COMPANY TO INTRACO AS PART OF THIS AGREEMENT. INTRACO SHALL NOT
BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, EXEMPLARY OR
CONSEQUENTIAL DAMAGES, INCLUDING, BUT NOT LIMITED TO, LOSS OF PROFIT, REVENUES
OR GOODWILL, LOSS OF USE OF EQUIPMENT OR LOSS OF DATA, COST OF CAPITAL, COST OF
SUBSTITUTE PRODUCTS, FACILITIES OR SERVICES, DOWNTIME COSTS OR ANY CLAIM AGAINST
COMPANY BY ANY OTHER PARTY. EVEN IF SUCH DAMAGES WERE FORESEEABLE AND EVEN IF
COMPANY WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, THE PARTIES EXPRESSLY
AGREE THAT THE FOREGOING LIMITATIONS ARE AGREED ALLOCATIONS OF RISK CONSTITUTING
IN PART THE CONSIDERATION FOR THIS AGREEMENT, AND THAT SUCH LIMITATIONS SHALL
SURVIVE THE DETERMINATION OF ANY COURT OF COMPETENT JURISDICTION THAT ANY REMEDY
PROVIDED HEREIN OR AVAILABLE AT LAW FAILS OF ITS ESSENTIAL PURPOSE.

FEDERAL EXPRESS CORPORATION                  INTRACO SYSTEMS, INC.

By:     /s/ HENRY D. FIELDS                  By:     /s/ WALT NAWROCKI
        -------------------                          -------------------

Name:   Henry D. Fields                      Name:   Walt Nawrocki
        -------------------                          -------------------

Title:  VP of IT                             Title:  CEO
        -------------------                          -------------------

Date:   10-31-2000                           Date:   10/30/00
        -------------------                          -------------------

                                                  Contractor's initials:  /s/ WN
                                                                          ------
                                                       FedEx's initials:  /s/ HF
                                                                          ------

                                      -17-STOCK OPTION PLAN

EXHIBIT 4.1

McLAREN 2000 STOCK OPTION PLAN

	
McLAREN

2000 STOCK OPTION PLAN

	
 

	
 

	
 

	
 

	
          WHEREAS, McLaren Automotive Group, Inc., a Delaware Corporation, (the "Corporation") desires to adopt a new stock option plan to
align the interests of certain officers, key employees, directors and key consultants with shareholders of the Corporation by rewarding long-term growth and profitability of the Corporation.

	
 

	
 

	
 

	
 

	
          NOW, THEREFORE, this McLaren 2000 Stock Option Plan is ratified as of the 18th day of April, 2000, by the Corporation as follows:

	
 

	
 

	
 

	
 

	
1.       DEFINITIONS. Except as otherwise expressly provided in this Plan, the following capitalized terms shall have the respective meanings hereafter ascribed to them:

	
 

	
 

	
 

	
 

	
          (a)   "Board" shall mean the Board of Directors of the Corporation.

	
 

	
 

	
 

	
 

	
          (b)   "Cause" shall mean, unless otherwise specifically defined in the Option Agreement:

	
 

	
 

	
 

	
 

	
                  (i)  With regard to an Employee, the failure of the Employee to devote substantially
all of his business time to the performance of his duties to the Corporation (other than by reason of Disability), or refusal or failure to follow or carry out any reasonable direction of the Board of Directors, and the continuance of such refusal or
failure for a period of 10 days after notice to such Employee;  

	
 

	
 

	
 

	
 

	
                  (ii)  The material breach by the Grantee of any material agreement to which such
Grantee and the Corporation are a party;  

	
 

	
 

	
 

	
 

	
                  (iii)  The commission of fraud, embezzlement, theft, dishonesty or gross negligence by
such Grantee with respect to the Corporation, his willful or continuing violation of the published rules of the Corporation, or his willful or continuing disregard for the safety or soundness of the Corporation; 

	
 

	
 

	
 

	
 

	
                  (iv)   The conviction of such Grantee of, or plea by such Grantee of nolo
contendere to, any felony or any other crime involving dishonesty or moral turpitude; or 

	
 

	
 

	
 

	
 

	
                  (v)    Any other intentional action or intentional omission that involves a
material breach of fiduciary obligation on the part of such Grantee.

	
 

	
 

	
 

	
 

	
                  The Committee shall determine, in its sole discretion, whether Cause exists.

	
 

	
 

	
 

	
 

	
          (c)    "Change in Control" shall mean the consummation of any of the following transactions: 

	
 

	
 

	
 

	
 

	
                   (i)    The Corporation is merged, consolidated or reorganized into or
with another corporation or other legal person, and as a result of such merger, consolidation or reorganization, less than 50% of the combined voting power of the then-outstanding voting stock of such corporation or person immediately after such
transaction is held in the aggregate by the Corporation or by the holders of voting stock of the Corporation immediately prior to such transaction;

	
 

	
 

	
 

	
 

	
                   (ii)   The Corporation sells or otherwise transfers all or substantially all
of its assets to another corporation or other legal person, and as a result of such sale or transfer less than 50% of the combined voting power of the then-outstanding voting stock of such corporation or person immediately after such sale or transfer is
held in the aggregate by the Corporation or by the holders of voting stock of the Corporation immediately prior to such sale or transfer; or

	
 

	
 

	
 

	
 

	
                   (iii)   The Corporation files a report or proxy statement with the Securities and
Exchange Commission pursuant to the Exchange Act disclosing in response to Form 8-K or Schedule 14A (or any successor schedule, form or report or item therein) that a change in control of the Corporation will occur in the future pursuant to a then-

	
existing contract or transaction which when consummated would be a Change in Control determined without regard to this subsection (iii).

	
 

	
 

	
 

	
 

	
          Notwithstanding the foregoing provisions of Section 1(c)(iii), unless otherwise determined in a specific case by a majority vote of the
Board, a Change in Control shall not be deemed to have occurred for purposes of Section 1(c)(iii) solely because the Corporation, a Subsidiary, or any Corporation-sponsored employee stock ownership plan or any other employee benefit plan of the
Corporation either files or becomes obligated to file a report or a proxy statement under or in response to Schedule 13D, Schedule 14D-1, Form 8-K or Schedule 14A (or any successor schedule, form or report or item therein) under the Exchange Act
disclosing beneficial ownership by it of shares of voting stock, whether in excess of 20% or otherwise, or because the Corporation reports that a Change in Control of the Corporation has occurred or will occur in the future by reason of such beneficial
ownership.

	
 

	
 

	
 

	
 

	
          (d)    "Code" shall mean the Internal Revenue Code of 1986, as amended.

	
 

	
 

	
 

	
 

	
          (e)    "Committee" shall mean the Committee which shall administer this Plan as provided in Section 3 of this
Plan.

	
 

	
 

	
 

	
 

	
          (f)    "Consultant" shall mean a person who provides services to the Corporation as an independent contractor.

	
 

	
 

	
 

	
 

	
          (g)   "Corporation" shall mean McLaren Automotive Group, Inc. and its successors and each and all of any present
and future subsidiaries.

	
 

	
 

	
 

	
 

	
          (h)    "Disability" or "Disabled" shall mean an individual's total and permanent disability as evidenced
by the fact that he is unable to engage in any gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not
less than 12 months as determined in the sole discretion of the Committee in its reasonable judgment. 

	
 

	
 

	
 

	
 

	
          (i)    "Employee" shall mean an employee of the Corporation or any subsidiary of the Corporation.

	
 

	
 

	
 

	
 

	
          (j)    "Exchange Act" shall mean the Securities and Exchange Act of 1934, as amended, and its corresponding rules
and regulations.

	
 

	
          (k)   "Fair Market Value" shall mean the following:

	
 

	
 

	
 

	
 

	
                  (i)    During such time as the Shares are not traded on any securities
market, the Fair Market Value per Share shall be determined in good faith by the Board. 

	
 

	
 

	
 

	
 

	
                  (ii)   During such time as the Shares are traded on a securities market but not
listed upon an established stock exchange, the Fair Market Value per Share shall be the mean between dealer "bid" and "ask" prices in the securities market in which it is traded on the Grant Date, as reported by the National
Association of Securities Dealers, Inc. If the Shares are listed on an established stock exchange or exchanges, such Fair Market Value shall be deemed to be the highest closing price on such stock exchange or exchanges on the Grant Date, or if no sale of
any Shares shall have been made on any stock exchange on that day, on the next preceding day on which there was such a sale.  

	
 

	
 

	
 

	
 

	
          (l)    "Grant Date" shall mean the date on which the Committee approves the specific grant of stock options to a
Grantee.

	
 

	
 

	
 

	
 

	
          (m)    "Grantee" shall mean the recipient of an Option Agreement pursuant to the Plan.

	
 

	
 

	
 

	
 

	
          (n)    "Incentive Stock Option" shall mean an option to purchase a number of Shares set forth in the Option
Agreement which qualifies as such pursuant to Section 422 of the Code.

	
 

	
 

	
 

	
 

	
          (o)    "Non-statutory Stock Option" shall mean an option to purchase a number of Shares set forth in the Option
Agreement which is not an Incentive Stock Option.

	
 

	
 

	
 

	
 

	
          (p)    "Option Agreement" shall mean a separate written agreement in a form approved by the Committee between the
Corporation and a Grantee which, together with the Plan, provides terms and provisions governing a grant of an option to purchase Shares under the Plan.

 

	          (q)  "Plan" shall mean this McLaren 2000 Stock Option Plan.
	 	 	 	 
	          (r)   "Reload Option" shall mean a Grantee's receipt of a new option to purchase Shares equal in number to
tendered Shares when the Grantee pays the exercise price of an option by delivering to the Corporation Shares already owned by the Grantee or to be acquired on the exercise of the option.
	 	 	 	 
	
          (s)  "Rule 16b-3" shall mean Rule 16b-3 of the Exchange Act, as amended, and any corresponding rules and regulations.

	 	 	 	 
	
          (t)   "Section 162(m) Relief" shall mean such exception as may be available pursuant to Section 162(m) of the Code from
the limitation on tax deductibility provided for thereunder.

	 	 	 	 
	
          (u)  "Shares" shall mean shares of common stock of McLaren Automotive Group, Inc. or its successor.

	 	 	 	 
	
          (v)  "Shareholders" shall mean the owners of record of Shares of McLaren Automotive Group, Inc. or its successor.

	 	 	 	 
	
          (w)  "Tandem Stock Option" shall mean any arrangement whereby two options, an Incentive Stock Option and a Non-statutory
Stock Option, are issued and the exercise of one option affects the right to exercise the other.

	 	 	 	 
	
2.       PURPOSE. The purpose of this Plan is to align the interest of certain officers, directors, key employees, and key consultants of the Corporation by rewarding
long-term growth and profitability of the Company, as well as to attract and retain these individuals to provide them with additional incentives to devote their best efforts to pursue and sustain the Corporation's financial success through the achievement
of corporate goals. This program is also intended to provide the Corporation flexibility and the means to reward individuals who render valuable contributions to the Corporation.

	 	 	 	 
	3.       ADMINISTRATION. 
	 	 	 	 
	
          (a)    This Plan will be administered by the Committee. In addition to any implied powers and duties that may be necessary to
carry out the provisions of the Plan, the Committee shall have all the powers vested in it by the terms of the Plan, including exclusive authority to select the Grantees, to fix the options and amounts of options to each Grantee (which types and amounts
of options need not be uniform), to determine the time when options will be granted (to the extent Section 162(m) Relief is sought, taking into account the provisions of Section 162(m) of the Code), to prescribe the form of the Option Agreements, to make
all other determinations necessary or advisable pursuant to the Plan, to determine whether the performance of an individual warrants the grant of an option pursuant to this Plan, and to determine the amount and duration of any options. The Committee has
full and exclusive power to construe and interpret the Plan and the awards of options made pursuant to the Plan, to prescribe, amend and rescind rules and regulations relating to this Plan, and to take all actions necessary or advisable for the Plan's
administration. 

	 	 	 	 
	
          (b)   The Committee shall have full power and authority to determine, and shall clearly set forth in the Option Agreement,
whether the option shall be an Incentive Stock Option or a Non-statutory Stock Option. 

	 
	
          (c)    The Committee may not issue a Tandem Stock Option. 

	 	 	 	 
	
          (d)    Any determinations made by the Committee will be final, conclusive and binding on all persons, including any employee,
beneficiary, legal representative, and any other interested parties. A member of the Committee will not be liable for performing any act or making any determination required by or pursuant to the Plan if such act or determination is made in good faith.
The Committee may authorize any one or more of their members, or any officer of the Corporation, to execute and deliver documents on behalf of the Committee.

	 	 	 	 
	
          (e)    All members of the Committee shall be "Non-Employee Directors" within the meaning of Rule 16b-3, and "
Outside Directors" within the meaning of Section 162(m) of the Code, except, with respect to Code Section 162(m), to the extent not necessary for Code Section 162(m) Relief or Section 162(m) Relief is not sought. The number of directors serving on
the Committee at any given time shall be no less than the number required by Rule 

	
16b-3 and by Code Section 162(m) (except, with respect to Code Section 162(m), to the extent not necessary for Section 162(m) Relief or Section 162(m) Relief is not sought). 

	 	 	 	 
	4.      GRANTEES. 
	 	 	 	 
	
         (a)    The Committee, in its sole discretion, may designate any employee, officer, director or consultant as a Grantee pursuant to
this Plan. However, only key employees of the Corporation, as determined by the Committee, shall be eligible to receive grants of Incentive Stock Options. The Committee's designation of a person as a Grantee in any year does not require the Committee to
designate that person to receive an award pursuant to this Plan in any other year or, if so designated, to receive the same award as any other Grantee in any year. 

	 	 	 	 
	
         (b)    The Committee may consider such factors as it deems pertinent in selecting Grantees and in determining the amount of their
respective awards, including, but not limited to: 

	 	 	 	 
	
                  (i)    The financial condition of the Corporation; 

	 	 	 	 
	
                  (ii)    Expected profits for the current or future years; 

	 
	 	 	 	 
	
                  (iii)   The contributions of a prospective Grantee to the profitability and
success of the Corporation; and 

	 	 	 	 
	
                  (iv)    The adequacy of the prospective Grantee's other compensation. 

	 	 	 	 
	
          (c)    The Committee, in its discretion, may grant options to a Grantee pursuant to this Plan, even though he has
participated in another benefit plan of the Corporation or other benefits, equity or otherwise, were previously granted to him pursuant to this or another plan of the Corporation, whether or not the previously granted benefits have been exercised, but the
Grantee may hold such options only on the terms and subject to the restrictions hereafter set forth in this Plan and the corresponding Option Agreement. 

	 	 	 	 
	5.       AWARDS. 
	 	 	 	 
	
          (a)    Awards granted pursuant to this Plan, if any, will be granted in options to acquire Shares as described herein.
Notwithstanding anything to the contrary herein, options may only be granted pursuant to this Plan if they are pre-approved by the Committee and issued pursuant to an Option Agreement between the Grantee and the Corporation.

	 	 	 	 
	
          (b)    Each Option Agreement shall specify whether the pertinent option is an Incentive Stock Option or a Non-statutory Stock
Option. Each Option Agreement shall also specify the number of Shares subject to the pertinent option.

	 	 	 	 
	
          (c)    In granting an option under this Plan, the Committee may include a Reload Option provision in the Option Agreement.
The terms of any Reload Option shall be determined by the Committee consistent with the provisions of this Plan.

	 	 	 	 
	6.       OPTION EXERCISE.
	 	 	 	 
	
          (a)    Options granted pursuant to this Plan may only be exercised in conjunction with the terms of the Plan and the
corresponding Option Agreement which shall specify a vesting schedule, if any, and the period (or periods) during which the pertinent options may be exercised. The Grantee may exercise the option subject to the terms and provisions of the Plan and the
corresponding Option Agreement.

	 	 	 	 
	
          (b)    As soon as reasonably practicable after the exercise of an option, the Corporation shall deliver to the Grantee
certificates representing authorized Shares.  

	 	 	 	 
	        (c)    The cumulative total number of Shares which may be subject to options issued and outstanding pursuant to this Plan is
limited to 2,000,000 Shares. This amount automatically will be adjusted in accordance with Section 21 of this Plan. If an option expires, is canceled or is terminated, in whole or in part, for any reason other than its exercise, the Committee may
reallocate the Shares subject to that option (or to the part thereof so terminated) to one or more other options to be granted pursuant to this Plan. 

	
          (d)    Any option granted pursuant to this Plan shall automatically expire 10 years after the Grant Date or at such earlier
time as may be described in this Plan or in the Option Agreement. 

	 	 	 	 
	
          (e)    Notwithstanding anything to the contrary herein, no Incentive Stock Option granted to a Grantee who owns, as of the
Grant Date, stock possessing more than 10% of the total combined voting power of all classes of stock of the Corporation shall, in any event, be exercisable after the expiration of 5 years from the Grant Date. For the purpose of determining under any
provision of this Plan whether a Grantee owns stock possessing more than 10% of the total combined voting power of all classes of stock of the Corporation, such Grantee shall be considered as owning the stock owned, directly or indirectly, by or for his
brothers and sisters (whether by the whole or half blood), spouse, ancestors and lineal descendants, and stock owned, directly or indirectly, by or for a corporation, partnership, estate or trust shall be considered as being owned proportionately by or
for its shareholders, partners or beneficiaries.

	 	 	 	 
	
          (f)    Subject to the provisions of this Plan, a Grantee cannot exercise an Incentive Stock Option granted pursuant to
this Plan unless, at the time of exercise, he has been continuously employed by the Corporation since the date the option was granted. The Committee may decide in each case to what extent good faith leaves of absence for illness, temporary disability,
government or military service, or other reasons will be deemed to not cause an interruption in continuous employment.

	 	 	 	 
	          (g)   Subject to the provisions of the Plan, a Grantee must exercise an option within the time provided in the Option
Agreement; provided, however, if a Grantee is an Employee on the Grant Date and ceases to be an Employee as a result of termination of employment, he may not exercise an option thereafter unless the Committee, in its sole discretion, grants the Grantee an
extension of time to exercise the option after cessation of employment. The extension of time of exercise that may be granted by the Committee pursuant to this subsection for an Incentive Stock Option shall not exceed 3 months after the date on which the
Grantee ceases to be an Employee and in no case shall extend beyond the stated expiration date of the option. Such options may be exercised only as to the number of shares for which they could have been exercised at the time the Grantee's employment was
terminated pursuant to the Plan and applicable Option Agreement.
	 	 	 	 
	          (h)    If a Grantee is an Employee on the Grant Date and ceases to be an Employee as a result of retirement, he
may exercise the option within the time provided in the Option Agreement; provided, however, he may only exercise an option within 3 months after the date on which he ceases to be an Employee (but no later than the stated expiration date of the option).
An Employee shall be regarded as retired if he terminates employment after his 65th birthday. Such options may be exercised only as to the number of shares for which they could have been exercised at the time the Grantee's employment was terminated as a
result of retirement pursuant to the Plan and applicable Option Agreement.
	 	 	 	 
	          (i)     If a Grantee is an Employee on the Grant Date and ceases to be an Employee because of
Disability or death, and if at the time of the Grantee's Disability or death he was entitled to exercise an option pursuant to this Plan, he may exercise the option within the time provided in the Option Agreement; provided, however, the option may only
be exercised by him, or by the Grantee in the case of Disability or, in case of death, by his legal representative or by the person who acquired the right to exercise the option pursuant to the Plan, within 12 months after his death or termination of
employment due to Disability (but no later than the stated expiration date of the option). Such options may be exercised only as to the number of Shares for which they could have been exercised at the time the Grantee died or became Disabled pursuant to
the Plan and applicable Option Agreement.
	 	 	 	 
	          (j)     Notwithstanding any other provisions of the Plan, unless an Option Agreement specifically provides
to the contrary, if a Grantee is terminated as an Employee, consultant or director by the Corporation for Cause, all rights to any option granted under this Plan shall terminate, including but not limited to the ability to exercise such options.
	 	 	 	 
	          (k)    With respect to Non-statutory Stock Options granted to Board members, the Option Agreement may provide
that such options will expire coincident with or after a specified number of days after such Board member ceases to be a member of the Board. In the absence of any such provision, the option will expire on the stated expiration date of the option.
	 	 	 	 
	          (l)     Notwithstanding any other provisions of the Plan, unless an Option Agreement specifically provides
to the contrary, all options granted under this Plan shall immediately become fully vested and exercisable as of the effective date of a Change in Control prior to (i) a Grantee's death, disability, retirement, or (ii) with regard to a Grantee who is an
Employee, termination of employment. 

 

 

 

          (m)     Any option granted pursuant to the Plan will terminate, in whole or in part, to the extent that, in
accordance with the Plan or corresponding Option Agreement, it no longer can be exercised.

7.       OPTION EXERCISE PRICE. 

          (a)     Each Option Agreement shall state the exercise price of the option, which shall be not less than 100% of
the Fair Market Value of the corresponding Shares on the Grant Date or the par value thereof, whichever is greater. 

          (b)     Notwithstanding any other provision of the Plan, in the case of a grant of an Incentive Stock Option to a
Grantee who, as of the Grant Date, owns stock possessing more than 10% of the total combined voting power of all classes of stock of the Corporation or its Parent or Subsidiaries, the option price shall not be less than 110% of the Fair Market Value of
the corresponding Shares on the Grant Date or the par value thereof, whichever is greater.

8.       MAXIMUM INCENTIVE STOCK OPTION EXERCISE. The aggregate Fair Market Value (determined as of the Grant Date) of the Shares with respect to which Incentive
Stock Options are exercisable for the first time by a Grantee during any calendar year (under all such plans of the Corporation and its parent or subsidiary, if any) shall not exceed $100,000. For purposes of this Section 8, the value of stock acquired
through the exercise of Non-statutory Stock Options shall not be included in the computation of the aggregate Fair Market Value.

9.       METHOD OF EXERCISE. 

          (a)     Each option granted pursuant to this Plan will be deemed to be exercised when the holder of it indicates
his decision to do so in writing delivered to the Chief Financial Officer of the Corporation and concurrently tenders to the Corporation full payment pursuant to Section 9(d) of this Plan for the Shares to be purchased pursuant to the exercise of the
option and complies with such other reasonable requirements as the Committee establishes pursuant to this Plan or the corresponding Option Agreement. 

          (b)     No person, personal representative, estate or other entity will have the rights of a Shareholder with
respect to Shares subject to an option granted pursuant to this Plan until a certificate or certificates for the Shares have been delivered to the person exercising the option.

          (c)     Any option granted pursuant to this Plan may be exercised as to any lesser number of Shares than the full
amount for which such option has been granted. A partial exercise of an option will not affect the Grantee's rights to exercise the option from time to time in accordance with this Plan as to the remaining Shares subject to the option.

          (d)     Payment of the exercise price may be made in cash or certified check or, to the extent expressly provided
in the Option Agreement: 

                    (i)     By surrender of Shares having a Fair Market
Value equal to the exercise price of the option (and which have been paid for within the meaning of Securities and Exchange Commission Rule 144 and, if such Shares were purchased from the Corporation by use of a promissory note, such note has been fully
paid with respect to such shares, or were obtained by the holder of the option in the open public market); 

                    (ii)    Provided that a public market for the Corporation's
stock exists, through a "same day sale" commitment from the holder of the option and a broker-dealer that is a member of the National Association of Securities Dealers (an "NASD Dealer") whereby the holder irrevocably elects to
exercise the option and to sell a portion of the Shares so purchased to pay for the exercise price and whereby the NASD Dealer irrevocable commits upon receipt of such Shares to forward the exercise price directly to the Corporation; 

                    (iii)   Provided that a public market for the Corporation's stock
exists, through a "margin" commitment from the holder of the option and an NASD Dealer whereby the holder of the option irrevocably elects to exercise the Option and to pledge the Shares so purchased to the NASD Dealer in a margin account as
security for a loan from the NASD Dealer in the amount of the exercise price, and whereby the NASD Dealer irrevocably commits upon receipt of such Shares to forward the exercise price directly to the Corporation; 

                    (iv)  By surrendering Shares for which the option is being exercised
having a Fair Market Value equal to the exercise price of the option; or 

                    (v)   By any combination of the foregoing.

10.      WITHHOLDING. The Corporation, if necessary or desirable, may pay or withhold the amount of any tax attributable to any amount payable or Shares deliverable
pursuant to this Plan and the Corporation may defer making payment on delivery until it is indemnified to its satisfaction for that tax.

11.      COMPLIANCE. 

           (a)     Options are exercisable and Shares can be delivered pursuant to this Plan, only in compliance with
all applicable federal and state laws and regulations, including, without limitation, state and federal securities laws, and the rules of all stock exchanges on which the Shares are listed at the applicable time. Any certificate issued pursuant to options
granted pursuant to this Plan shall bear such legends and statements as the Committee deems advisable to assure compliance with federal and state laws and regulations. No option may be exercised, and Shares may not be issued pursuant to this Plan, until
the Corporation has obtained the consent or approval of every regulatory body, federal or state, having jurisdiction over such matters as the Board or Committee deems advisable.

           (b)     In the event that the Corporation deems it necessary or desirable to file a registration statement
with the Securities and Exchange Commission or any state Securities Commission, no option granted pursuant to the Plan may be exercised, and Shares may not be issued, until the Corporation has obtained the consent or approval of such Commission.

           (c)     In the case of the exercise of an option by a person or estate acquiring by bequest or inheritance
the right to exercise such option, the Committee may require reasonable evidence as to the ownership of the option and may require such consents and releases of taxing authorities as the Committee deems advisable.

           (d)     It is the intention that the Plan at all times fully satisfy the provisions and conditions of Rule
16b-3 applicable to a plan of this type. 

12.      ASSIGNABILITY. Except for Incentive Stock Options which shall not be transferable other than by will or the laws of descent and distribution, a Non-statutory
Stock Option may be transferred either directly or by operation of law or otherwise, only to the extent such transfer is exempt under Rule 16b-3, only with the prior written consent of the Committee, and only to the extent allowable under applicable
securities laws and registration requirements and only as follows:

           (a)     To immediate family members of the Grantee;

           (b)     To a trust established for the benefit of the Grantee or his immediate family members; 

           (c)     To a partnership in which the Grantee and his immediate family members are the only partners; or

           (d)     Pursuant to a qualified domestic relations order.

13.      RIGHTS. A participant's right, if any, to continue to serve the Corporation as an officer, employee or otherwise, will not be affected by his designation as a
Grantee pursuant to this Plan, such designation will not in any way restrict the right of the Corporation to terminate at any time the employment or affiliation of any Grantee for cause or otherwise, and no employee or other person shall have any claim or
right to be granted an option or any other award under the Plan.

14.      AMENDMENT AND TERMINATION OF PLAN.

           (a)     Subject to the remainder of this Section 14, the Board or the Committee may at any time terminate,
modify or amend the Plan in such respects as it shall deem advisable provided, that the Board or the Committee may not make any amendment to the Plan that would, if such amendment were not approved by the Shareholders:

                    (i)     Cause the Plan to fail to comply with (A)
Section 16 of the Exchange Act (or Rule 16b-3), (B) any other requirement of applicable law or regulation, or (C) the requirements for Section 162(m) Relief to the extent Section 162(m) Relief is sought, unless and until the approval of the shareholders
is obtained;

                    (ii)     Materially increase the benefits accruing to
Grantees pursuant to the Plan;

                    (iii)    Increase the cumulative number of shares that may
be delivered upon the exercise of options granted pursuant to the Plan or the aggregate Fair Market Value of options which a Grantee may exercise in any calendar year;

                    (iv)   Materially modify the eligibility requirements for
Grantees in the Plan; or

                    (v)    Amend the requirements of subparagraphs (ii) - (iv)
of this Section 14.

           (b)    Any amendments, modifications or terminations of this Plan shall be accomplished by a separate document(s)
which will be incorporated by reference into this document.

           (c)    Any amendment, whether with or without the approval of Shareholders, that alters the terms or provisions of
an option granted before the amendment will be effective only with the consent of the Grantee to whom the option was granted or the holder currently entitled to exercise it, except for adjustments expressly authorized by this Plan.

15.      EXPENSES OF PLAN. The expenses of the Plan will be borne by the Corporation.

16.      DURATION OF PLAN. Options may only be granted pursuant to this Plan during the 10 years immediately following the earlier of the adoption of the Plan or its
approval by the Shareholders. Options granted during that 10-year period will remain valid thereafter in accordance with their terms and the provisions of this Plan.

17.      OPTION AGREEMENTS. The Option Agreements authorized pursuant to the Plan shall contain such other provisions, including, without limitation, restrictions upon the
exercise of the option, as the Board shall deem advisable. Any such Option Agreements, which are intended to grant Incentive Stock Options shall, in conjunction with this Plan, contain such limitations and restrictions upon the exercise of the option as
shall be necessary in order that such option will be an Incentive Stock Option as defined in Section 422 of the Code.

18.      INDEMNIFICATION OF BOARD AND COMMITTEE. In addition to such other rights of indemnification as they may have as directors, the members of the Board and the members of
the Committee shall be indemnified by the Corporation against the reasonable expenses, including attorneys' fees actually and necessarily incurred in connection with the defense of any action, suit or proceeding, or in connection with any appeal therein,
to which they or any of them may be a party by reason of any action taken or failure to act pursuant to or in connection with the Plan or any option granted thereunder, and against all amounts paid by them in settlement thereof (provided such settlement
is approved by independent legal counsel selected by the Corporation) or paid by them in satisfaction of a judgment in any such action, suit or proceeding, except in relation to matters as to which it shall be adjudged in such action, suit or proceeding
that such director is liable for negligence or misconduct in the performance of his duties; provided, that within 60 days after the institution of any such action, suit or proceeding, a director shall in writing offer the Corporation the opportunity, at
its own expense, to handle and defend the same.

19.      APPLICATION OF FUNDS. The proceeds received by the Corporation from the sale of stock pursuant to options granted pursuant to this Plan will be used for general
corporate purposes.

20.      NO EXERCISE OBLIGATION. The granting of an option shall impose no obligation upon the Grantee to exercise such option.

21.      ADJUSTMENTS. If a reorganization, merger, consolidation, reclassification, recapitalization, combination or exchange of shares, stock split, stock dividend, rights
offering, or other event affecting shares of the Corporation occurs, then the number and class of shares to which options are authorized to be granted pursuant to this Plan, the number and class of shares then subject to options previously granted
pursuant to this Plan, and the price per share payable upon exercise of each option outstanding pursuant to this Plan shall be equitably adjusted by the Board to reflect such changes.

22.      NUMBER AND GENDER. Unless otherwise clearly indicated in this Plan, words in the singular or plural shall include the plural and singular, respectively, where they
would so apply, and words in the masculine or neuter gender shall include the feminine, masculine or neuter gender where applicable.

23.      APPLICABLE LAW. The validity, interpretation and enforcement of this Plan are governed in all respects by the laws of Delaware. Additionally, this Plan, and any
options or Shares acquired pursuant to this Plan or a corresponding Option Agreement, shall be subject to and comply with Section 16 of the Exchange Act.

24.      EFFECTIVE DATE. This Plan shall not take effect until adopted by the Board and approved by the holders of a majority of the outstanding shares of the capital stock of
the Corporation, which approval must occur within the period beginning 12 months before and ending 12 months after the Plan is adopted by the Board.

25.      HEADINGS. The section headings contained herein are inserted only as a matter of convenience and for reference and in no way define, limit, enlarge or describe the
scope or intent of this Plan nor in any way shall they affect this Plan or the construction of any provision thereof.

	 	McLAREN AUTOMOTIVE GROUP, INC.
	 	 
	 	 
	 	
/s/ Wiley R. McCoy                              
                 

By: Wiley R. McCoy, President

I hereby certify that the McLaren 2000 Stock Option Plan was approved by the Board of Directors of McLaren Automotive Group, Inc. on the 16th day of March, 2000.

	 	 
	 	
/s/ Lawrence Cohen                              
                 

By: Lawrence Cohen, Chairman of the Board

I hereby certify that the McLaren 2000 Stock Option Plan was approved by the Shareholders of McLaren Automotive Group, Inc. on the 18th day of April, 2000.

	 	 
	 	
/s/ Lawrence Cohen                              
                 

By: Lawrence Cohen, Chairman of the Board

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