Document:

Exhibit 10.1

                       FALCONRIDGE OIL TECHNOLOGIES CORP.
                             2015 STOCK OPTION PLAN

     This 2015 Stock Option Plan (the "PLAN")  provides for the grant of options
to acquire common shares (the "COMMON SHARES") in the capital of Falconridge Oil
Technologies  Corp., a corporation  formed under the laws of the State of Nevada
(the  "CORPORATION").  Stock options  granted under this Plan that qualify under
Section 422 of the Internal  Revenue  Code of 1986,  as amended (the "CODE") are
referred to in this Plan as "Incentive  Stock Options" and stock options that do
not  qualify  under  Section 422 of the Code are  referred to as  "Non-Qualified
Stock Options".  Incentive Stock Options and Non-Qualified Stock Options granted
under this Plan are collectively referred to as "Options".

1. PURPOSE

1.1 The purpose of this Plan is to retain the  services of valued key  employees
and  consultants  of  the  Corporation  and  such  other  persons  as  the  Plan
Administrator  shall select in accordance with Section 3 below, and to encourage
such  persons  to acquire a greater  proprietary  interest  in the  Corporation,
thereby   strengthening  their  incentive  to  achieve  the  objectives  of  the
shareholders  of the  Corporation,  and to serve as an aid and inducement in the
hiring of new employees and to provide an equity  incentive to  consultants  and
other persons selected by the Plan Administrator.

1.2 This Plan shall at all times be subject to all legal  requirements  relating
to the administration of stock option plans, if any, under applicable  corporate
laws,  applicable United States federal and state securities laws, the Code, the
rules of any applicable stock exchange or stock quotation system,  and the rules
of any foreign  jurisdiction  applicable to Options granted to residents therein
(collectively, the "APPLICABLE LAWS").

2. ADMINISTRATION

2.1 This Plan shall be  administered  initially by the Board of Directors of the
Corporation  (the  "BOARD"),  except  that the  Board  may,  in its  discretion,
establish  a committee  composed of two (2) or more  members of the Board or two
(2) or  more  other  persons  to  administer  the  Plan,  which  committee  (the
"COMMITTEE") may be an executive,  compensation or other committee,  including a
separate  committee  especially  created  for this  purpose.  The  Board  or, if
applicable, the Committee is referred to herein as the "Plan Administrator".

2.2 If and so long as the Common  Stock is  registered  under  Section  12(b) or
12(g) of the SECURITIES  EXCHANGE ACT of 1934, as amended (the  "EXCHANGE  ACT")
and the  Corporation  wishes to grant  Incentive  Stock Options,  then the Board
shall  consider in selecting the Plan  Administrator  and the  membership of any
Committee,  with respect to any persons  subject or likely to become  subject to
Section 16 of the Exchange Act, the provisions regarding (a) "outside directors"
as contemplated by Section 162(m) of the Code, and (b) "Non-Employee  Directors"
as contemplated by Rule 16b-3 under the Exchange Act.

2.3 The  Committee  shall  have the  powers  and  authority  vested in the Board
hereunder  (including  the power and authority to interpret any provision of the
Plan or of any  Option).  The members of any such  Committee  shall serve at the
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pleasure  of the  Board.  A  majority  of the  members  of the  Committee  shall
constitute  a  quorum,  and all  actions  of the  Committee  shall be taken by a
majority of the members present. Any action may be taken by a written instrument
signed by all of the members of the  Committee  and any action so taken shall be
fully effective as if it had been taken at a meeting.

2.4 Subject to the provisions of this Plan and any  Applicable  Laws, and with a
view to effecting  the purpose of the Plan,  the Plan  Administrator  shall have
sole authority, in its absolute discretion, to:

     (a)  construe and interpret this Plan;

     (b)  define the terms used in the Plan;

     (c)  prescribe,  amend and  rescind the rules and  regulations  relating to
          this Plan;

     (d)  correct any defect, supply any omission or reconcile any inconsistency
          in this Plan;

     (e)  grant Options under this Plan;

     (f)  determine the  individuals to whom Options shall be granted under this
          Plan and whether the Option is granted as an Incentive Stock Option or
          a Non-Qualified Stock Option;

     (g)  determine  the time or times at which  Options  shall be granted under
          this Plan;

     (h)  determine  the number of Common  Shares  subject to each  Option,  the
          exercise  price of each  Option,  the  duration of each Option and the
          times at which each Option shall become exercisable;

     (i)  determine all other terms and conditions of the Options; and

     (j)  make  all  other  determinations  and  interpretations  necessary  and
          advisable for the administration of the Plan.

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

3. ELIGIBILITY

3.1 Incentive  Stock Options may be granted to any  individual  who, at the time
the  Option  is  granted,  is an  employee  of the  Corporation  or any  Related
Corporation (as defined below) ("EMPLOYEES").

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3.2  Non-Qualified  Stock  Options may be granted to Employees and to such other
persons who are not Employees as the Plan Administrator shall select, subject to
any Applicable Laws.

3.3 Options may be granted in substitution  for  outstanding  Options of another
corporation  in  connection  with  the  merger,  consolidation,  acquisition  of
property or stock or other reorganization between such other corporation and the
Corporation or any subsidiary of the Corporation. Options also may be granted in
exchange for outstanding Options.

3.4 Any person to whom an Option is granted under this Plan is referred to as an
"Optionee".  Any  person  who is the  owner of an  Option  is  referred  to as a
"Holder".

3.5 As used in  this  Plan,  the  term  "Related  Corporation"  shall  mean  any
corporation  (other than the Corporation) that is a "Parent  Corporation" of the
Corporation or "Subsidiary  Corporation" of the Corporation,  as those terms are
defined  in  Sections  424(e)  and  424(f),  respectively,  of the  Code (or any
successor  provisions) and the  regulations  thereunder (as amended from time to
time).

4. STOCK

4.1 The Plan  Administrator  is  authorized  to grant Options to acquire up to a
total of 4,900,000  Common  Shares.  The number of Common Shares with respect to
which Options may be granted  hereunder is subject to adjustment as set forth in
Section 5.1(m) hereof.  In the event that any  outstanding  Option expires or is
terminated  for any  reason,  the Common  Shares  allocable  to the  unexercised
portion of such  Option  may again be  subject to an Option  granted to the same
Optionee  or to a  different  person  eligible  under  Section  3 of this  Plan;
provided however, that any cancelled Options will be counted against the maximum
number of shares with respect to which Options may be granted to any  particular
person as set forth in Section 3 hereof.

5. TERMS AND CONDITIONS OF OPTIONS

5.1 Each  Option  granted  under  this  Plan  shall be  evidenced  by a  written
agreement approved by the Plan Administrator (each, an "AGREEMENT").  Agreements
may contain such provisions,  not inconsistent  with this Plan or any Applicable
Laws,  as the Plan  Administrator  in its  discretion  may deem  advisable.  All
Options also shall comply with the following requirements:

     (a)  Number of Shares and Type of Option

          Each  Agreement  shall  state the number of Common  Shares to which it
          pertains and whether the Option is intended to be an  Incentive  Stock
          Option or a Non-Qualified Stock Option; PROVIDED THAT:

          (i)  the number of Common Shares that may be reserved  pursuant to the
               exercise of Options  granted to any person shall not exceed 5% of
               the issued and outstanding Common Shares of the Corporation;

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          (ii) in  the   absence  of  action  to  the   contrary   by  the  Plan
               Administrator  in  connection  with the grant of an  Option,  all
               Options shall be Non-Qualified Stock Options;

          (iii)the  aggregate  fair  market  value  (determined  at the  Date of
               Grant,  as defined  below) of the Common  Shares with  respect to
               which  Incentive Stock Options are exercisable for the first time
               by the Optionee during any calendar year (granted under this Plan
               and all other Incentive Stock Option plans of the Corporation,  a
               Related  Corporation  or a  predecessor  corporation)  shall  not
               exceed  USD$100,000,  or such other limit as may be prescribed by
               the Code as it may be  amended  from  time to time  (the  "ANNUAL
               LIMIT"); and

          (iv) any portion of an Option which exceeds the Annual Limit shall not
               be void but rather shall be a Non-Qualified Stock Option.

     (b)  Date of Grant

          Each Agreement shall state the date the Plan  Administrator has deemed
          to be the effective  date of the Option for purposes of this Plan (the
          "DATE OF GRANT").

     (c)  Option Price

          Each  Agreement  shall state the price per Common Share at which it is
          exercisable.  The  Plan  Administrator  shall  act in  good  faith  to
          establish  the exercise  price in  accordance  with  Applicable  Laws;
          PROVIDED that:

          (i)  the per share exercise price for an Incentive Stock Option or any
               Option  granted to a "covered  employee"  as such term is defined
               for purposes of Section 162(m) of the Code shall not be less than
               the fair  market  value per Common  Share at the Date of Grant as
               determined by the Plan Administrator in good faith;

          (ii) with   respect   to   Incentive    Stock   Options   granted   to
               greater-than-ten  percent (>10%)  shareholders of the Corporation
               (as determined with reference to Section 424(d) of the Code), the
               exercise  price per share  shall not be less than one hundred ten
               percent  (110%) of the fair market  value per Common Share at the
               Date of Grant as  determined  by the Plan  Administrator  in good
               faith; and

          (iii)Options  granted  in  substitution  for  outstanding  options  of
               another corporation in connection with the merger, consolidation,
               acquisition   of  property  or  stock  or  other   reorganization
               involving  such  other  corporation  and the  Corporation  or any
               subsidiary  of the  Corporation  may be granted  with an exercise
               price equal to the exercise price for the  substituted  option of
               the other corporation,  subject to any adjustment consistent with
               the terms of the transaction  pursuant to which the  substitution
               is to occur.

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     (d)  Duration of Options

          At the time of the grant of the Option, the Plan  Administrator  shall
          designate, subject to Section 5.1(g) below, the expiration date of the
          Option,  which  date  shall not be later  than five (5) years from the
          Date of Grant;  PROVIDED,  that the  expiration  date of any Incentive
          Stock Option granted to a greater-than-ten  percent (>10%) shareholder
          of the  Corporation (as determined with reference to Section 424(d) of
          the  Code)  shall not be later  than  five (5) years  from the Date of
          Grant.  In  the  absence  of  action  to  the  contrary  by  the  Plan
          Administrator in connection with the grant of a particular Option, and
          except in the case of Incentive Stock Options as described  above, all
          Options  granted under this Section 5 shall expire five (5) years from
          the Date of Grant.

     (e)  Vesting Schedule

          No  Option  shall be  exercisable  until it has  vested.  The  vesting
          schedule for each Option shall be specified by the Plan  Administrator
          at the time of grant of the Option prior to the  provision of services
          with respect to which such Option is granted.

          The Plan  Administrator  may specify a vesting schedule for all or any
          portion  of  an  Option  based  on  the   achievement  of  performance
          objectives  established in advance of the commencement by the Optionee
          of services related to the achievement of the performance  objectives.
          Performance  objectives  shall be  expressed  in  terms  of  objective
          criteria,  including but not limited to, one or more of the following:
          return on equity,  return on assets, share price, market share, sales,
          earnings per share, costs, net earnings, net worth, inventories,  cash
          and cash equivalents,  gross margin or the  Corporation's  performance
          relative to its internal business plan.  Performance objectives may be
          in respect of the  performance of the  Corporation as a whole (whether
          on a consolidated or unconsolidated basis), a Related Corporation,  or
          a subdivision,  operating  unit,  product or product line of either of
          the foregoing.  Performance objectives may be absolute or relative and
          may be expressed in terms of a progression or a range.  An Option that
          is  exercisable  (in full or in part) upon the  achievement  of one or
          more  performance  objectives may be exercised only following  written
          notice to the Optionee and the  Corporation by the Plan  Administrator
          that the performance objective has been achieved.

     (f)  Acceleration of Vesting

          The vesting of one or more  outstanding  Options may be accelerated by
          the Plan  Administrator  at such times and in such amounts as it shall
          determine in its sole discretion.

     (g)  Term of Option

          (i)  Vested  Options  shall  terminate,  to the extent not  previously
               exercised,  upon the  occurrence  of the  first of the  following
               events:

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               A.   the  expiration  of the Option,  as  designated  by the Plan
                    Administrator in accordance with Section 5.1(d) above;

               B.   the  date of an  Optionee's  termination  of  employment  or
                    contractual relationship with the Corporation or any Related
                    Corporation   for   cause   (as   determined   by  the  Plan
                    Administrator, acting reasonably);

               C.   the  expiration  of  three  (3)  months  from the date of an
                    Optionee's   termination   of  employment   or   contractual
                    relationship with the Corporation or any Related Corporation
                    for  any  reason  whatsoever  other  than  cause,  death  or
                    Disability  (as  defined  below)  unless,  in the  case of a
                    Non-Qualified  Stock Option, the exercise period is extended
                    by the Plan  Administrator  until a date not later  than the
                    expiration date of the Option; or

               D.   the  expiration  of one  year  (1)  from  termination  of an
                    Optionee's employment or contractual  relationship by reason
                    of death or Disability  (as defined  below)  unless,  in the
                    case of a Non-Qualified Stock Option, the exercise period is
                    extended  by the Plan  Administrator  until a date not later
                    than the expiration date of the Option.

          (ii) Notwithstanding Section 5.1(g)(i) above, any vested Options which
               have been granted to the Optionee in the Optionee's capacity as a
               director  of the  Corporation  or any Related  Corporation  shall
               terminate  upon the  occurrence  of the  first  of the  following
               events:

               A.   the event specified in Section 5.1(g)(i)A above;

               B.   the event specified in Section 5.1(g)(i)D above; and

               C.   the  expiration  of  three  (3)  months  from  the  date the
                    Optionee ceases to serve as a director of the Corporation or
                    Related Corporation,  as the case may be unless, in the case
                    of a  Non-Qualified  Stock  Option,  the exercise  period is
                    extended  by the Plan  Administrator  until a date not later
                    than the expiration date of the Option.

          (iii)Upon the death of an  Optionee,  any vested  Options  held by the
               Optionee  shall be  exercisable  only by the person or persons to
               whom such  Optionee's  rights under such Option shall pass by the
               Optionee's will or by the laws of descent and distribution of the
               Optionee's  domicile  at the time of death  and only  until  such
               Options terminate as provided above.

          (iv) For  purposes  of  the  Plan,  unless  otherwise  defined  in the
               Agreement,   "Disability"   shall  mean  medically   determinable
               physical or mental impairment which has lasted or can be expected

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               to last for a  continuous  period  of not less than  twelve  (12)
               months or that can be  expected  to  result  in  death.  The Plan
               Administrator  shall determine whether an Optionee has incurred a
               Disability  on the basis of medical  evidence  acceptable  to the
               Plan  Administrator.  Upon making a determination  of Disability,
               the Plan Administrator shall, for purposes of the Plan, determine
               the  date  of  an   Optionee's   termination   of  employment  or
               contractual relationship.

          (v)  Unless  accelerated  in  accordance  with Section  5.1(f)  above,
               unvested Options shall terminate  immediately upon termination of
               employment  of the  Optionee  by the  Corporation  for any reason
               whatsoever, including death or Disability.

          (vi) For  purposes  of this Plan,  transfer of  employment  between or
               among the Corporation and/or any Related Corporation shall not be
               deemed  to  constitute  a  termination  of  employment  with  the
               Corporation  or any  Related  Corporation.  Employment  shall  be
               deemed to continue while the Optionee is on military leave,  sick
               leave or other BONA FIDE leave of absence (as  determined  by the
               Plan Administrator).  The foregoing  notwithstanding,  employment
               shall not be deemed to continue beyond the first ninety (90) days
               of such leave,  unless the  Optionee's  re-employment  rights are
               guaranteed by statute or by contract.

     (h)  Exercise of Options

          (i)  Options  shall be  exercisable,  in full or in part,  at any time
               after vesting, until termination.  If less than all of the Common
               Shares   included  in  the  vested  portion  of  any  Option  are
               purchased,  the remainder may be purchased at any subsequent time
               prior to the  expiration  of the Option  term.  Only whole Common
               Shares may be issued  pursuant  to an  Option,  and to the extent
               that  an  Option   covers   less  than  one  (1)  share,   it  is
               unexercisable.

          (ii) Options or portions  thereof may be exercised  by giving  written
               notice to the Corporation,  which notice shall specify the number
               of Common Shares to be purchased,  and be  accompanied by payment
               in the  amount of the  aggregate  exercise  price for the  Common
               Shares so purchased, which payment shall be in the form specified
               in Section 5.1(i) below.  The Corporation  shall not be obligated
               to issue,  transfer or deliver a certificate  representing Common
               Shares to the Holder of any Option, until provision has been made
               by the Holder,  to the satisfaction of the  Corporation,  for the
               payment of the aggregate exercise price for all Common Shares for
               which the Option shall have been  exercised and for  satisfaction
               of any tax withholding obligations associated with such exercise.
               During the lifetime of an Optionee,  Options are exercisable only
               by the Optionee.

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     (i)  Payment upon Exercise of Option

          Upon the exercise of any Option, the aggregate exercise price shall be
          paid to the Corporation in cash or by certified or cashier's check. In
          addition, if pre-approved in writing by the Plan Administrator who may
          arbitrarily  withhold  consent,  the  Holder  may  pay  for all or any
          portion of the aggregate  exercise price by complying with one or more
          of the following alternatives:

          (i)  by delivering a properly  executed  exercise notice together with
               irrevocable instructions to a broker promptly to sell or margin a
               sufficient  portion of the Common Shares and deliver  directly to
               the Corporation the amount of sale or margin loan proceeds to pay
               the exercise price; or

          (ii) by complying  with any other  payment  mechanism  approved by the
               Plan Administrator at the time of exercise.

     (j)  No Rights as a Shareholder

          A Holder shall have no rights as a shareholder of the Corporation with
          respect to any Common  Shares  covered by an Option  until such Holder
          becomes a record holder of such Common Shares, irrespective of whether
          such Holder has given notice of exercise. Subject to the provisions of
          Section  5.1(m)  hereof,  no rights  shall  accrue to a Holder  and no
          adjustments  shall  be made  on  account  of  dividends  (ordinary  or
          extraordinary,  whether  in cash,  securities  or other  property)  or
          distributions  or other rights  declared on, or created in, the Common
          Shares  for  which  the  record  date is prior to the date the  Holder
          becomes a record  holder of the Common  Shares  covered by the Option,
          irrespective of whether such Holder has given notice of exercise.

     (k)  Non-transferability of Options

          Options  granted  under  this  Plan  and  the  rights  and  privileges
          conferred by this Plan may not be  transferred,  assigned,  pledged or
          hypothecated  in any manner (whether by operation of law or otherwise)
          other than by will,  by applicable  laws of descent and  distribution,
          and shall not be subject to execution,  attachment or similar process.
          Upon any attempt to transfer, assign, pledge, hypothecate or otherwise
          dispose of any Option or of any right or  privilege  conferred by this
          Plan contrary to the provisions  hereof, or upon the sale, levy or any
          attachment or similar process upon the rights and privileges conferred
          by this Plan,  such Option shall  thereupon  terminate and become null
          and void.

     (l)  Securities Regulation and Tax Withholding

          (i)  Common  Shares  shall not be  issued  with  respect  to an Option
               unless the  exercise of such Option and the issuance and delivery
               of such Common Shares shall comply with all Applicable  Laws, and
               such issuance shall be further subject to the approval of counsel
               for the Corporation  with respect to such  compliance,  including

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               the availability of an exemption from prospectus and registration
               requirements for the issuance and sale of such Common Shares. The
               inability of the  Corporation to obtain from any regulatory  body
               the authority  deemed by the  Corporation to be necessary for the
               lawful issuance and sale of any Common Shares under this Plan, or
               the   unavailability   of  an  exemption   from   prospectus  and
               registration requirements for the issuance and sale of any Common
               Shares  under this Plan,  shall  relieve the  Corporation  of any
               liability with respect to the non-issuance or sale of such Common
               Shares.

          (ii) As  a  condition  to  the   exercise  of  an  Option,   the  Plan
               Administrator  may require the Holder to represent and warrant in
               writing at the time of such  exercise  that the Common Shares are
               being purchased only for investment and without any  then-present
               intention to sell or distribute such Common Shares.  If necessary
               under  Applicable  Laws,  the  Plan  Administrator  may  cause  a
               stop-transfer  order  against such Common  Shares to be placed on
               the stock  books and  records  of the  Corporation,  and a legend
               indicating  that the Common  Shares may not be  pledged,  sold or
               otherwise  transferred  unless an opinion of counsel is  provided
               stating that such transfer is not in violation of any  Applicable
               Laws, may be stamped on the certificates representing such Common
               Shares in order to assure an  exemption  from  registration.  The
               Plan Administrator  also may require such other  documentation as
               may from  time to time be  necessary  to comply  with  applicable
               securities  laws. THE  CORPORATION HAS NO OBLIGATION TO UNDERTAKE
               REGISTRATION  OF OPTIONS OR THE COMMON  SHARES  ISSUABLE UPON THE
               EXERCISE OF OPTIONS.

          (iii)The  Holder  shall  pay  to  the   Corporation  by  certified  or
               cashier's  check,  promptly  upon  exercise  of an Option  or, if
               later,  the date  that the  amount  of such  obligations  becomes
               determinable,  all applicable  federal,  state, local and foreign
               withholding taxes that the Plan Administrator, in its discretion,
               determines  to  result  upon  exercise  of an  Option  or  from a
               transfer or other  disposition  of Common  Shares  acquired  upon
               exercise of an Option or otherwise related to an Option or Common
               Shares  acquired in connection  with an Option.  Upon approval of
               the Plan  Administrator,  a Holder may satisfy such obligation by
               complying with one or more of the following alternatives selected
               by the Plan Administrator:

               A.   by delivering to the  Corporation  Common Shares  previously
                    held by such Holder or by the Corporation withholding Common
                    Shares otherwise deliverable pursuant to the exercise of the
                    Option,  which Common Shares received or withheld shall have
                    a fair market value at the date of exercise  (as  determined
                    by the  Plan  Administrator)  equal to any  withholding  tax
                    obligations  arising as a result of such exercise,  transfer
                    or other disposition; or

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               B.   by complying  with any other payment  mechanism  approved by
                    the Plan Administrator from time to time.

          (iv) The issuance,  transfer or delivery of certificates  representing
               Common Shares pursuant to the exercise of Options may be delayed,
               at the  discretion  of the  Plan  Administrator,  until  the Plan
               Administrator  is satisfied that the applicable  requirements  of
               all Applicable  Laws and the  withholding  provisions of the Code
               have been met and that the Holder has paid or otherwise satisfied
               any withholding tax obligation as described in Section 5.1(l(iii)
               above.

     (m)  Adjustments Upon Changes In Capitalization

          (i)  The aggregate number and class of shares for which Options may be
               granted under this Plan,  the number and class of shares  covered
               by each  outstanding  Option,  and the  exercise  price per share
               thereof (but not the total  price),  and each such Option,  shall
               all be  proportionately  adjusted for any increase or decrease in
               the number of issued Common Shares of the  Corporation  resulting
               from:

               A.   a subdivision or  consolidation of Common Shares or any like
                    capital adjustment, or

               B.   the   issuance   of  any  Common   Shares,   or   securities
                    exchangeable for or convertible  into Common Shares,  to the
                    holders  of all  or  substantially  all  of the  outstanding
                    Common  Shares by way of a stock  dividend  (other  than the
                    issue of Common Shares,  or securities  exchangeable  for or
                    convertible into Common Shares,  to holders of Common Shares
                    pursuant to their  exercise of options to receive  dividends
                    in the form of Common Shares, or securities convertible into
                    Common  Shares,  in lieu of  dividends  paid in the ordinary
                    course on the Common Shares).

          (ii) Except as provided in Section  5.1(m)(iii)  hereof, upon a merger
               (other than a merger of the  Corporation  in which the holders of
               Common  Shares  immediately  prior  to the  merger  have the same
               proportionate   ownership  of  common  shares  in  the  surviving
               corporation   immediately   after  the  merger),   consolidation,
               acquisition  of  property  or stock,  separation,  reorganization
               (other than a mere  re-incorporation or the creation of a holding
               Corporation)  or liquidation of the  Corporation,  as a result of
               which the shareholders of the Corporation,  receive cash,  shares
               or other  property in exchange  for or in  connection  with their
               Common Shares, any Option granted hereunder shall terminate,  but
               the Holder shall have the right to exercise such Holder's  Option
               immediately prior to any such merger, consolidation,  acquisition
               of property or shares, separation, reorganization or liquidation,
               and to be treated as a shareholder of record for the purposes

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               thereof, to the extent the vesting  requirements set forth in the
               Option agreement have been satisfied.

          (iii)If the  shareholders  of the  Corporation  receive  shares in the
               capital of another  corporation  ("EXCHANGE  SHARES") in exchange
               for their  Common  Shares in any  transaction  involving a merger
               (other than a merger of the  Corporation  in which the holders of
               Common  Shares  immediately  prior  to the  merger  have the same
               proportionate   ownership  of  Common  Shares  in  the  surviving
               corporation   immediately   after  the  merger),   consolidation,
               acquisition of property or shares,  separation or  reorganization
               (other than a mere  re-incorporation or the creation of a holding
               Corporation),  all Options  granted  hereunder shall be converted
               into options to purchase  Exchange  Shares unless the Corporation
               and the corporation  issuing the Exchange  Shares,  in their sole
               discretion,  determine  that  any or  all  such  Options  granted
               hereunder  shall  not  be  converted  into  options  to  purchase
               Exchange Shares but instead shall  terminate in accordance  with,
               and  subject  to the  Holder's  right to  exercise  the  Holder's
               Options  pursuant to, the provisions of Section  5.1(m)(ii).  The
               amount and price of  converted  options  shall be  determined  by
               adjusting the amount and price of the Options  granted  hereunder
               in the same  proportion  as used for  determining  the  number of
               Exchange  Shares the holders of the Common Shares receive in such
               merger,   consolidation,   acquisition   or  property  or  stock,
               separation or  reorganization.  Unless  accelerated by the Board,
               the  vesting  schedule  set forth in the option  agreement  shall
               continue to apply to the options granted for the Exchange Shares.

          (iv) In the event of any  adjustment  in the  number of Common  Shares
               covered by any Option,  any fractional shares resulting from such
               adjustment  shall be disregarded and each such Option shall cover
               only the number of full shares resulting from such adjustment.

          (v)  All  adjustments  pursuant to Section 5.1(m) shall be made by the
               Plan Administrator,  and its determination as to what adjustments
               shall be made, and the extent  thereof,  shall be final,  binding
               and conclusive.

          (vi) The grant of an Option  shall not  affect in any way the right or
               power of the Corporation to make adjustments,  reclassifications,
               reorganizations or changes of its capital or business  structure,
               to merge,  consolidate  or  dissolve,  to liquidate or to sell or
               transfer all or any part of its business or assets.

6. EFFECTIVE DATE; AMENDMENT; SHAREHOLDER APPROVAL

6.1  Options  may be granted by the Plan  Administrator  from time to time on or
after  the date on which  this Plan is  adopted  by the  Board  (the  "EFFECTIVE
DATE").

                                       11
<PAGE>
6.2 Unless  sooner  terminated  by the Board,  this Plan shall  terminate on the
tenth  anniversary  of the  Effective  Date. No Option may be granted after such
termination or during any suspension of this Plan.

6.3 Any Incentive Stock Options granted by the Plan  Administrator  prior to the
ratification  of this  Plan by the  shareholders  of the  Corporation  shall  be
granted  subject to  approval  of this Plan by the  holders of a majority of the
Corporation's  outstanding  voting shares,  passed without meeting  pursuant the
Nevada  General  Corporation  Law or by voting either in person or by proxy at a
duly held  shareholders'  meeting  within twelve (12) months before or after the
Effective  Date. If such  shareholder  approval is sought and not obtained,  all
Incentive Stock Options granted prior thereto and thereafter shall be considered
Non-Qualified  Stock Options and any Options  granted to Covered  Employees will
not be eligible for the exclusion  set forth in Section  162(m) of the Code with
respect to the deductibility by the Corporation of certain compensation.

7. NO OBLIGATIONS TO EXERCISE OPTION

7.1 The grant of an Option  shall  impose no  obligation  upon the  Optionee  to
exercise such Option.

8. NO RIGHT TO OPTIONS OR TO EMPLOYMENT

8.1  Whether  or not any  Options  are to be  granted  under  this Plan shall be
exclusively  within  the  discretion  of the  Plan  Administrator,  and  nothing
contained  in this Plan  shall be  construed  as giving  any person any right to
participate  under this Plan.  The grant of an Option shall in no way constitute
any form of agreement or understanding binding on the Corporation or any Related
Corporation, express or implied, that the Corporation or any Related Corporation
will employ or contract  with an Optionee  for any length of time,  nor shall it
interfere  in any way with the  Corporation's  or, where  applicable,  a Related
Corporation's right to terminate Optionee's  employment at any time, which right
is hereby reserved.

9. APPLICATION OF FUNDS

9.1 The  proceeds  received by the  Corporation  from the sale of Common  Shares
issued  upon  the  exercise  of  Options  shall be used  for  general  corporate
purposes, unless otherwise directed by the Board.

10. INDEMNIFICATION OF PLAN ADMINISTRATOR

10.1 In addition to all other rights of indemnification they may have as members
of the Board,  members of the Plan  Administrator  shall be  indemnified  by the
Corporation  for all reasonable  expenses and liabilities of any type or nature,
including  attorneys'  fees,  incurred in  connection  with any action,  suit or
proceeding  to  which  they  or any of them  are a party  by  reason  of,  or in
connection  with,  this Plan or any Option  granted under this Plan, and against
all amounts paid by them in settlement thereof (provided that such settlement is
approved by independent  legal counsel selected by the  Corporation),  except to
the extent that such  expenses  relate to matters for which it is adjudged  that
such Plan Administrator member is liable for willful misconduct;  provided, that
within  fifteen  (15) days after the  institution  of any such  action,  suit or

                                       12
<PAGE>
proceeding,  the Plan  Administrator  member involved therein shall, in writing,
notify  the  Corporation  of such  action,  suit  or  proceeding,  so  that  the
Corporation  may  have  the  opportunity  to make  appropriate  arrangements  to
prosecute or defend the same.

11. AMENDMENT OF PLAN

11.1 The Plan Administrator  may, at any time,  modify,  amend or terminate this
Plan or modify or amend  Options  granted  under this Plan,  including,  without
limitation,  such  modifications  or  amendments  as are  necessary  to maintain
compliance with the Applicable  Laws. The Plan  Administrator  may condition the
effectiveness  of any such amendment on the receipt of  shareholder  approval at
such time and in such manner as the Plan  Administrator  may consider  necessary
for the  Corporation  to comply  with or to avail  the  Corporation  and/or  the
Optionees  of the  benefits  of any  securities,  tax,  market  listing or other
administrative or regulatory requirements.

Effective Date: April 1, 2015

                                       13Exhibit 10.2

                       FALCONRIDGE OIL TECHNOLOGIES CORP.

                                 NOTICE OF GRANT

Capitalized  but  otherwise  undefined  terms in this  Notice  of Grant  and the
attached Stock Option  Agreement shall have the same defined  meanings as in the
2015 Stock Option Plan.

Name:
     ---------------------------------------------------------------------------

Address:
        ------------------------------------------------------------------------

You have been granted an option (the  "OPTION") to purchase  Common Stock of the
Corporation,  subject to the terms and  conditions  of the Plan and the attached
Stock Option Agreement, as follows:

       Date of Grant:
                                         ---------------------------------------

       Vesting Commencement Date:
                                         ---------------------------------------

       Option Price per Share:
                                         ---------------------------------------

       Total Number of Shares Granted:
                                         ---------------------------------------

       Total Option Price:
                                         ---------------------------------------

       Type of Option:                                 Incentive Stock Option
                                         -------------
                                                       Nonqualified Stock Option
                                         -------------

       Term/Expiration Date:                           years after Date of Grant
                                         -------------

Vesting Schedule:

The Option shall vest,  in whole or in part,  in  accordance  with the following
schedule:

[INSERT VESTING SCHEDULE OR "N/A"]
<PAGE>
                       FALCONRIDGE OIL TECHNOLOGIES CORP.

                             2015 STOCK OPTION PLAN

                             STOCK OPTION AGREEMENT

This STOCK  OPTION  AGREEMENT  ("AGREEMENT"),  dated as of the  ________  day of
___________________,  201 is made by and between  FALCONRIDGE  OIL  TECHNOLOGIES
CORP.,     a     Nevada      corporation      (the      "CORPORATION"),      and
____________________________________(the  "OPTIONEE,"  which term as used herein
shall be deemed to include any  successor to the Optionee by will or by the laws
of descent and distribution, unless the context shall otherwise require).

                                   BACKGROUND

Pursuant  to  the  Corporation's  2015  Stock  Option  Plan  (the  "PLAN"),  the
Corporation,  acting  through  the  Committee  of the Board of  Directors  (if a
committee  has been  formed  to  administer  the  Plan) or its  entire  Board of
Directors (if no such committee has been formed)  responsible for  administering
the Plan (in either case,  referred to herein as the "COMMITTEE"),  approved the
issuance to the Optionee, share options at $ per share, effective as of the date
set forth  above,  of a stock  option to purchase  shares of Common Stock of the
Corporation at the price (the "OPTION  PRICE") set forth in the attached  Notice
of Grant (which is  expressly  incorporated  herein and made a part hereof,  the
"NOTICE OF GRANT"), upon the terms and conditions hereinafter set forth.

NOW,  THEREFORE,  in  consideration  of the  mutual  premises  and  undertakings
hereinafter set forth, the parties hereto agree as follows:

1. OPTION;  OPTION PRICE.  On behalf of the  Corporation,  the Committee  hereby
grants to the  Optionee the option (the  "OPTION")  to purchase,  subject to the
terms and  conditions of this Agreement and the Plan (which is  incorporated  by
reference  herein  and  which in all  cases  shall  control  in the event of any
conflict with the terms,  definitions  and provisions of this  Agreement),  that
number of shares of Common Stock of the  Corporation  set forth in the Notice of
Grant,  at an exercise price per share equal to the Option Price as is set forth
in the Notice of Grant (the "OPTIONED  SHARES").  If designated in the Notice of
Grant as an  "incentive  stock  option,"  the Option is  intended to qualify for
Federal income tax purposes as an "incentive stock option" within the meaning of
Section 422 of the Code.  A copy of the Plan as in effect on the date hereof has
been  supplied to the Optionee,  and the Optionee  hereby  acknowledges  receipt
thereof.

2. TERM.  The term (the "OPTION  TERM") of the Option shall commence on the date
of this  Agreement  and  shall  expire on the  Expiration  Date set forth in the
Notice of Grant unless such Option shall  theretofore  have been  terminated  in
accordance with the terms of the Notice of Grant, this Agreement or of the Plan.

                                       2
<PAGE>
3. TIME OF EXERCISE.

     (a) Unless  accelerated  in the discretion of the Committee or as otherwise
provided  herein,  the  Option  shall  become  exercisable  during  its  term in
accordance with the Vesting Schedule set out in the Notice of Grant.  Subject to
the provisions of Sections 5 and 8 hereof, shares as to which the Option becomes
exercisable  pursuant to the foregoing  provisions  may be purchased at any time
thereafter prior to the expiration or termination of the Option.

     (b) Anything  contained in this Agreement to the contrary  notwithstanding,
to the extent the Option is intended to be an Incentive Stock Option, the Option
shall not be exercisable as an Incentive Stock Option, and shall be treated as a
Non-Statutory  Option, to the extent that the aggregate Fair Market Value on the
date  hereof of all stock with  respect to which  Incentive  Stock  Options  are
exercisable  for the first time by the Optionee  during any calendar year (under
the  Plan  and  all  other  plans  of  the  Corporation,   its  parent  and  its
subsidiaries, if any) exceeds $100,000.

4. TERMINATION OF OPTION.

     (a) The Optionee may exercise the Option (but only to the extent the Option
was  exercisable  at  the  time  of  termination  of  the  Optionee's   Business
Relationship with the Corporation, its parent or any of its subsidiaries) at any
time  within  three (3)  months  following  the  termination  of the  Optionee's
Business   Relationship  with  the  Corporation,   its  parent  or  any  of  its
subsidiaries,  but  not  later  than  the  scheduled  expiration  date.  If  the
termination  of  the  Optionee's   employment  is  for  cause  or  is  otherwise
attributable  to a breach by the  Optionee  of an  employment,  non-competition,
non-disclosure or other material agreement,  the Option shall expire immediately
upon such  termination.  If the Optionee is a natural person who dies while in a
Business   Relationship  with  the  Corporation,   its  parent  or  any  of  its
subsidiaries,  this  option  may be  exercised,  to the  extent of the number of
shares with respect to which the Optionee could have exercised it on the date of
his death, by his estate,  personal  representative  or beneficiary to whom this
option has been  assigned  pursuant to Section 9 of the Plan, at any time within
the twelve (12) month period  following the date of death.  If the Optionee is a
natural person whose Business  Relationship with the Corporation,  its parent or
any of its  subsidiaries is terminated by reason of his disability,  this Option
may be  exercised,  to the extent of the number of shares with  respect to which
the Optionee could have exercised it on the date the Business  Relationship  was
terminated,  at any time within the twelve (12) month period  following the date
of such  termination,  but not later than the scheduled  expiration date. At the
expiration  of such  three  (3) or twelve  (12)  month  period or the  scheduled
expiration date,  whichever is the earlier,  this Option shall terminate and the
only  rights  hereunder  shall  be those as to which  the  Option  was  properly
exercised before such termination.

     (b) Anything contained herein to the contrary  notwithstanding,  the Option
shall not be  affected  by any  change of duties  or  position  of the  Optionee
(including  a  transfer  to or from the  Corporation,  its  parent or any of its
subsidiaries) so long as the Optionee continues in a Business  Relationship with
the Corporation, its parent or any of its subsidiaries.

                                       3
<PAGE>
5. PROCEDURE FOR EXERCISE.

     (a) The Option  may be  exercised,  from time to time,  in whole or in part
(but for the purchase of whole shares only),  by delivery of a written notice in
the form  attached as Exhibit A hereto (the  "NOTICE")  from the Optionee to the
Secretary of the Corporation, which Notice shall:

     (i) state that the Optionee elects to exercise the Option;

     (ii) state the number of shares  with  respect to which the Option is being
exercised (the "OPTIONED SHARES");

     (iii)  state the method of payment  for the  Optioned  Shares  pursuant  to
Section 5(b);

     (iv)  state the date upon which the  Optionee  desires  to  consummate  the
purchase of the Optioned  Shares (which date must be prior to the termination of
such Option and no later than 30 days from the delivery of such Notice);

     (v) include any  representations  of the Optionee  required  under  Section
8(b); and

     (vi) if the Option shall be exercised in  accordance  with Section 9 of the
Plan by any person other than the Optionee, include evidence to the satisfaction
of the Committee of the right of such person to exercise the Option.

     (b)  Payment  of the Option  Price for the  Optioned  Shares  shall be made
either (i) by delivery of cash or a check to the order of the  Corporation in an
amount equal to the Option Price, (ii) if approved by the Committee, by delivery
to the  Corporation of shares of Common Stock of the  Corporation  having a Fair
Market Value on the date of exercise  equal in amount to the Option Price of the
options being  exercised,  (iii) by any other means which the Board of Directors
determines are consistent  with the purpose of the Plan and with applicable laws
and regulations (including, without limitation, the provisions of Rule 16b-3 and
Regulation  T  promulgated  by  the  Federal  Reserve  Board),  or  (iv)  by any
combination of such methods of payment.

     (c) The  Corporation  shall  issue a stock  certificate  in the name of the
Optionee  (or such other person  exercising  the Option in  accordance  with the
provisions  of  Section  9 of the  Plan)  for  the  Optioned  Shares  as soon as
practicable  after  receipt of the Notice and  payment of the  aggregate  Option
Price for such shares.

6. NO RIGHTS AS A  STOCKHOLDER.  The Optionee shall not have any privileges of a
stockholder  of the  Corporation  with respect to any Optioned  Shares until the
date of issuance of a stock certificate pursuant to Section 5(c).

7. ADJUSTMENTS.  The Plan contains  provisions covering the treatment of options
in a number of contingencies such as stock splits and mergers. Provisions in the
Plan for  adjustment  with  respect to stock  subject to options and the related

                                       4
<PAGE>
provisions  with respect to  successors to the business of the  Corporation  are
hereby made applicable  hereunder and are incorporated  herein by reference.  In
general,  the  Optionee  should  not  assume  that  options  would  survive  the
acquisition of the Corporation.

8. ADDITIONAL PROVISIONS RELATED TO EXERCISE.

     (a) The Option shall be  exercisable  only on such date or dates and during
such  period and for such  number of shares of Common  Stock as are set forth in
this Agreement.

     (b) To exercise the Option,  the Optionee  shall follow the  procedures set
forth in Section 5 hereof.  Upon the exercise of the Option at a time when there
is not in effect a registration  statement  under the Securities Act of 1933, as
amended (the "SECURITIES ACT"),  relating to the shares of Common Stock issuable
upon exercise of the Option, the Committee in its discretion may, as a condition
to the exercise of the Option, require the Optionee (i) to execute an Investment
Representation Statement substantially in the form set forth in Exhibit B hereto
and  (ii) to make  such  other  representations  and  warranties  as are  deemed
appropriate by counsel to the Corporation.

     (c) Stock  certificates  representing  shares of Common Stock acquired upon
the exercise of Options that have not been  registered  under the Securities Act
shall,  if required by the  Committee,  bear an appropriate  restrictive  legend
referring to the  Securities  Act. No shares of Common Stock shall be issued and
delivered  upon the  exercise  of the Option  unless  and until the  Corporation
and/or the Optionee  shall have  complied with all  applicable  Federal or state
registration,   listing  and/or   qualification   requirements   and  all  other
requirements of law or of any regulatory agencies having jurisdiction.

9. NO EVIDENCE OF EMPLOYMENT OR SERVICE.  Nothing  contained in the Plan or this
Agreement  shall  confer upon the  Optionee  any right to continue in a Business
Relationship  with the  Corporation,  its parent or any of its  subsidiaries  or
interfere  in any way  with the  right of the  Corporation,  its  parent  or its
subsidiaries (subject to the terms of any separate agreement to the contrary) to
terminate the Optionee's  Business  Relationship  or to increase or decrease the
Optionee's compensation at any time.

10.  RESTRICTION  ON  TRANSFER.  The  Option  may not be  transferred,  pledged,
assigned,  hypothecated  or  otherwise  disposed of in any way by the  Optionee,
except by will or by the laws of descent and distribution,  and may be exercised
during the lifetime of the Optionee only by the Optionee.  If the Optionee dies,
the Option  shall  thereafter  be  exercisable,  during the period  specified in
Section 4, by his  executors or  administrators  to the full extent to which the
Option was  exercisable  by the  Optionee  at the time of his death.  The Option
shall not be subject to execution,  attachment or similar process. Any attempted
assignment,  transfer, pledge,  hypothecation or other disposition of the Option
contrary to the provisions hereof, and the levy of any execution,  attachment or
similar process upon the Option,  shall be null and void and without effect. The
words  "transfer"  and "dispose"  include  without  limitation the making of any
sale,   exchange,   assignment,   gift,  security  interest,   pledge  or  other
encumbrance,  or any contract  therefor,  any voting trust or other agreement or
arrangement  with  respect  to the  transfer  of  any  interest,  beneficial  or

                                       5
<PAGE>
otherwise,  in the Option,  the creation of any other claim thereto or any other
transfer or disposition whatsoever, whether voluntary or involuntary,  affecting
the right, title, interest or possession with respect to the Option.

11. SPECIFIC PERFORMANCE. Optionee expressly agrees that the Corporation will be
irreparably  damaged if the  provisions  of this  Agreement and the Plan are not
specifically  enforced.  Upon a  breach  or  threatened  breach  of  the  terms,
covenants and/or  conditions of this Agreement or the Plan by the Optionee,  the
Corporation shall, in addition to all other remedies, be entitled to a temporary
or permanent  injunction,  without showing any actual damage,  and/or decree for
specific performance,  in accordance with the provisions hereof and thereof. The
Board of Directors  shall have the power to determine what  constitutes a breach
or  threatened  breach of this  Agreement or the Plan.  Any such  determinations
shall be final and conclusive and binding upon the Optionee.

12.  DISQUALIFYING  DISPOSITIONS.  To the extent the Option is intended to be an
Incentive  Stock Option,  and if the Optioned  Shares are disposed of within two
years  following the date of this  Agreement or one year  following the issuance
thereof to the Optionee (a  "DISQUALIFYING  DISPOSITION"),  the Optionee  shall,
immediately prior to such Disqualifying  Disposition,  notify the Corporation in
writing of the date and terms of such Disqualifying Disposition and provide such
other information regarding the Disqualifying Disposition as the Corporation may
reasonably require.

13. NOTICES. All notices or other communications which are required or permitted
hereunder shall be in writing and sufficient if (i) personally delivered or sent
by telecopy, (ii) sent by nationally-recognized  overnight courier or (iii) sent
by registered or certified  mail,  postage  prepaid,  return receipt  requested,
addressed as follows:

     *    if to the Optionee,  to the address (or telecopy  number) set forth on
          the Notice of Grant; and

     *    if to the Corporation,  to its principal executive office as specified
          in any  report  filed  by the  Corporation  with  the  Securities  and
          Exchange  Commission  or to such address as the  Corporation  may have
          specified to the Optionee in writing, Attention: Corporate Secretary.

or to such  other  address  as the party to whom  notice is to be given may have
furnished  to the  other  party in  writing  in  accordance  herewith.  Any such
communication  shall  be  deemed  to have  been  given  (i) when  delivered,  if
personally  delivered,  or when  telecopied,  if  telecopied,  (ii) on the first
Business   Day   (as   hereinafter   defined)   after   dispatch,   if  sent  by
nationally-recognized  overnight  courier  and (iii) on the third  Business  Day
following the date on which the piece of mail containing such  communication  is
posted, if sent by mail. As used herein,  "Business Day" means a day that is not
a Saturday,  Sunday or a day on which banking  institutions in the city to which
the notice or communication is to be sent are not required to be open.

14. NO WAIVER.  No waiver of any breach or condition of this Agreement  shall be
deemed to be a waiver of any other or subsequent breach or condition, whether of
like or different nature.

                                       6
<PAGE>
15. OPTIONEE UNDERTAKING. The Optionee hereby agrees to take whatever additional
actions and execute  whatever  additional  documents the  Corporation may in its
reasonable  judgment deem necessary or advisable in order to carry out or effect
one or more of the obligations or restrictions  imposed on the Optionee pursuant
to the express provisions of this Agreement.

16.  MODIFICATION  OF  RIGHTS.  The  rights  of  the  Optionee  are  subject  to
modification and termination in certain events as provided in this Agreement and
the Plan.

17.  GOVERNING  LAW.  This  Agreement  shall be governed  by, and  construed  in
accordance  with,  the laws of the State of Nevada  applicable to contracts made
and to be wholly  performed  therein,  without giving effect to its conflicts of
laws principles.

18. COUNTERPARTS;  FACSIMILE EXECUTION. This Agreement may be executed in one or
more counterparts,  each of which shall be deemed to be an original,  but all of
which together shall constitute one and the same instrument. Facsimile execution
and  delivery  of this  Agreement  is legal,  valid and  binding  execution  and
delivery for all purposes.

19. ENTIRE  AGREEMENT.  This  Agreement  (including the Notice of Grant) and the
Plan, and, upon execution, the Notice and Investment  Representation  Statement,
constitute the entire agreement  between the parties with respect to the subject
matter  hereof,  and  supersede  all  previously  written or oral  negotiations,
commitments, representations and agreements with respect thereto.

20.  SEVERABILITY.  In the event one or more of the provisions of this Agreement
should,  for any reason, be held to be invalid,  illegal or unenforceable in any
respect,  such invalidity,  illegality or unenforceability  shall not affect any
other provisions of this Agreement,  and this Agreement shall be construed as if
such  invalid,  illegal or  unenforceable  provision  had never  been  contained
herein.

21.  WAIVER OF JURY  TRIAL.  THE  OPTIONEE  HEREBY  EXPRESSLY,  IRREVOCABLY  AND
UNCONDITIONALLY  WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING
TO THIS AGREEMENT AND FOR ANY COUNTERCLAIM THEREIN.

                            [signature page follows]

                                       7
<PAGE>
     IN WITNESS WHEREOF,  the parties hereto have executed this Option Agreement
as of the date first written above.

                                            FALCONRIDGE OIL TECHNOLOGIES CORP.

                                            By:
                                               ---------------------------------
                                               Name:
                                               Title:

                                            OPTIONEE:

                                            ------------------------------------
                                            Name:

                                       8
<PAGE>
                                NOTE RE: EXHIBITS

                        EXHIBITS A AND B ARE TO BE SIGNED

                           WHEN OPTIONS ARE EXERCISED,

                      NOT WHEN OPTION AGREEMENT IS SIGNED.

                                       9
<PAGE>
                                    EXHIBIT A

                       FALCONRIDGE OIL TECHNOLOGIES CORP.

                             2015 STOCK OPTION PLAN

                                 EXERCISE NOTICE

FALCONRIDGE OIL TECHNOLOGIES CORP.

Attention:        Chief Executive Officer

1. Exercise of Option.  Effective as of today,  _______________________,  20__ ,
the undersigned (the "OPTIONEE") hereby elects to exercise the Optionee's option
to  purchase  ________________  shares of the  Common  Stock (the  "SHARES")  of
FALCONRIDGE OIL TECHNOLOGIES CORP. (the "CORPORATION") under and pursuant to the
2015 Stock Option Plan (the "PLAN") and the Stock  Option  Agreement  dated (the
"STOCK OPTION AGREEMENT"),  with the purchase of the Shares to be consummated on
______________  ___,  ____ (the  "EFFECTIVE  DATE"),  which date is prior to the
termination of the Option and no later than 30 days from the date of delivery of
this Notice.

2. Representations of the Optionee.  The Optionee acknowledges that the Optionee
has received,  read and understood  the Plan and the Stock Option  Agreement and
agrees to abide by and be bound by their terms and conditions.

3. Rights as Shareholder;  Shares Subject to Stockholders  Agreement.  Until the
stock  certificate  evidencing  such  Shares  is  issued  (as  evidenced  by the
appropriate  entry  on the  books  of the  Corporation  or of a duly  authorized
transfer agent of the Corporation), no right to vote or receive dividends or any
other  rights  as  a  stockholder  shall  exist  with  respect  to  the  Shares,
notwithstanding  the  exercise of the Option.  The  Corporation  shall issue (or
cause to be issued) such stock  certificate  promptly after the Effective  Date,
provided the applicable price has been paid and the required documents have been
received. No adjustment will be made for a dividend or other right for which the
record  date is prior to the date the stock  certificate  is  issued,  except as
otherwise provided in the Plan. Unless waived by the Corporation in writing, the
Shares shall  automatically  become  subject to the terms and  conditions of any
stockholders  agreement  or  similar  agreement  to  which  a  majority  of  the
outstanding  capital stock of the Corporation is subject at the time of exercise
and the  Optionee  shall sign as a condition  to the issuance of the Shares such
joinder  agreement,  signature pages or other documents in order to evidence the
Optionee's agreement to be so bound.

4. Tax  Consultation.  The  Optionee  understands  that the  Optionee may suffer
adverse tax  consequences as a result of the Optionee's  purchase or disposition
of the Shares. The Optionee  represents that the Optionee has consulted with any
tax  consultants the Optionee deems advisable in connection with the purchase or
disposition  of  the  Shares  and  that  the  Optionee  is  not  relying  on the
Corporation for any tax advice.

5.  Successors and Assigns.  The  Corporation may assign any of its rights under
the  Stock  Option  Agreement  to  single  or  multiple  assignees  (who  may be
stockholders, officers, directors, employees or consultants of the Corporation),

                                       10
<PAGE>
and this  Agreement  shall inure to the benefit of the successors and assigns of
the Corporation.  Subject to the restrictions on transfer set forth in the Stock
Option  Agreement,  this Agreement shall be binding upon the Optionee and his or
her heirs, executors, administrators, successors and assigns.

6.  Interpretation.  Any dispute regarding the interpretations of this Agreement
shall be  submitted  by the  Optionee  or by the  Corporation  forthwith  to the
Committee,  which shall  review such dispute at its next  regular  meeting.  The
resolution of such a dispute by the Committee  shall be final and binding on the
Corporation and on the Optionee.

7.  Governing  Laws:  Severability.  This  Agreement  shall be governed  by, and
construed in  accordance  with,  the laws of the State of Nevada  applicable  to
contracts made and to be wholly performed therein,  without giving effect to its
conflicts  of  laws  principles.  Should  any  provision  of this  Agreement  be
determined  by a  court  of  law  to be  illegal  or  unenforceable,  the  other
provisions shall nevertheless remain effective and shall remain enforceable.

8. Notices. Any notice required or permitted hereunder shall be given in writing
and shall be deemed  effectively  given if given in the manner  specified in the
Stock Option Agreement.

9. Further  Instruments.  The parties agree to execute such further  instruments
and to take such further action as may be reasonably  necessary to carry out the
purposes and intent of this Agreement.

10. Delivery of Payment.  The Optionee  herewith delivers to the Corporation the
full Option Price for the Shares.

11.  Entire  Agreement.  The Plan,  the  Notice of Grant,  and the Stock  Option
Agreement are incorporated  herein by reference.  This Agreement,  the Plan, the
Notice of Grant, the Stock Option Agreement,  and the Investment  Representation
Statement  constitute the entire agreement of the parties and supersede in their
entirety  all prior  undertakings  and  agreements  of the  Corporation  and the
Optionee with respect to the subject matter hereof.

Submitted by:                           Accepted by:

OPTIONEE:                               FALCONRIDGE OIL TECHNOLOGIES CORP.

                                        By:
                                           -------------------------------------

                                        Its:
-------------------------------             ------------------------------------
Name:

                                       11
<PAGE>
                                    EXHIBIT B

                             2015 STOCK OPTION PLAN

                       INVESTMENT REPRESENTATION STATEMENT

OPTIONEE:
              ----------------------------------------------------------------

CORPORATION:  FALCONRIDGE OIL TECHNOLOGIES CORP.
              ----------------------------------------------------------------

SECURITY:     Common Stock
              ----------------------------------------------------------------

AMOUNT:
              ----------------------------------------------------------------

DATE:
              ----------------------------------------------------------------

In connection with the purchase of the above-listed Securities,  the undersigned
Optionee represents to the Corporation the following:

     (a) The  Optionee  is  aware  of the  Corporation's  business  affairs  and
financial   condition  and  has  acquired   sufficient   information  about  the
Corporation  to reach an  informed  and  knowledgeable  decision  to acquire the
Securities.  The Optionee is acquiring  these  Securities for investment for the
Optionee's  own account only and not with a view to, or for resale in connection
with, a "distribution" thereof within the meaning of the Securities Act of 1933,
as amended (the "SECURITIES ACT").

     (b) The Optionee  acknowledges  and  understands  that the  Securities  may
constitute  "restricted  securities"  under the Securities Act and have not been
registered  under the  Securities  Act in  reliance  upon a  specific  exemption
therefrom,  which  exemption  depends upon,  among other  things,  the bona fide
nature  of the  Optionee's  investment  intent  as  expressed  herein.  In  this
connection,  the Optionee  understands  that, in the view of the  Securities and
Exchange  Commission,  the statutory basis for such exemption may be unavailable
if the Optionee's  representation was predicated solely upon a present intention
to hold these  Securities for the minimum  capital gains period  specified under
tax statutes,  for a deferred  sale, for or until an increase or decrease in the
market price of the  Securities,  or for a period of one year or any other fixed
period in the future. The Optionee further  understands that the Securities must
be  held  indefinitely  unless  they  are  subsequently   registered  under  the
Securities Act or an exemption from such registration is available. The Optionee
further acknowledges and understands that the Corporation is under no obligation
to register  the  Securities.  The  Optionee  understands  that the  certificate
evidencing  the Securities  will be imprinted with a legend which  prohibits the
transfer of the Securities  unless they are registered or such  registration  is
not required in the opinion of counsel satisfactory to the Corporation and other
legends required under the applicable state or federal securities laws.

Signature of Optionee:
                      -------------------------------

Date:
     ---------------------

                                       12

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