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                                                                    Exhibit 10.4

                          HILLENBRAND INDUSTRIES, INC.
                                   STOCK AWARD
                           (EFFECTIVE OCTOBER 5, 1999)

         1. Purpose. The purpose of the Hillenbrand Industries, Inc. Stock Award
(hereinafter called the "Award") is to promote profitability and growth of
Hillenbrand Industries, Inc. (the "Company") by offering an incentive payable in
Company common stock to ("Executive") who contributes to such profitability and
growth.

         2. Amount of Award. If the Executive's employment with the Company or
its subsidiaries continues uninterrupted from October 5, 1999 through October 5,
2002 and subject to applicable withholding effected by the Company under
Paragraph 5, the Company shall deliver to the Executive _____________ (_____)
shares of the common stock, no par value of the Company ("Company Common
Stock"); provided, however, that the Executive or, if deceased, his or her
beneficiary shall also be eligible for the Award of the Company Common Stock if
the Executive's employment is terminated before October 5, 2002 by reason of
death or disability (as determined by the Committee). The shares of Company
Common Stock delivered to the Executive shall be from shares held by the Company
as treasury stock or from shares of the Company Common Stock acquired by the
Company in the open market. Subject to the Executive's election to defer receipt
of the shares of Company Common Stock pursuant to Paragraph 4, the shares shall
be delivered to the Executive or, if deceased, to the Executive's beneficiary no
later than October 5, 2002.

         3. Administration of the Award. The Award shall be administered by the
Subcommittee of the Performance Compensation Committee (the "Committee") of the
Company's Board of Directors. The Committee shall have complete and full
discretion in the administration and interpretation of the terms of the Award.

         4. Right to Defer Payment of Award.

              (a) Election to Defer Award. The Executive may elect to defer
         payment of the Award otherwise due in October, 2002 by completing a
         written election and delivering such election to the Committee before
         January 1, 2002. The election must state the duration of the deferral
         period and shall be irrevocable.

              (b) Nature of Deferral. While the Company shall not be required to
         set aside shares of Company Common Stock equal to the shares subject to
         the Award, the Committee shall cause an account to be established in
         the name of the Executive which shall be assumed to be invested in the
         Company Common Stock. Any dividends, stock dividends, stock splits and
         other rights inuring to the Company Common Stock during the deferral
         period, which would be normally payable on Company Common Stock, shall
         be assumed to be reinvested in the Company Common Stock at the market
         value on the date of the assumed payment. At the end of the deferral
         period elected by the Executive or, if earlier, within sixty (60)
         calendar days of the date on which the Executive's employment is
         terminated, the Company, consistent with Paragraph 2 and subject to
         Paragraph 5, shall pay the Executive in shares of Company Common Stock
         in the value of his or her account.

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              (c) Financial Hardship. A withdrawal from the Executive's deferred
         account shall be permitted prior to the termination of the deferral
         period in the event that the Executive experience serious financial
         hardship which is beyond the Executive's control and which would cause
         the Executive a severe hardship if such withdrawal were not permitted.
         Serious financial hardship may be incurring a disability or unexpected
         and unreimbursed major expenses resulting from illness or accident or
         impending bankruptcy. The Executive must apply to the Committee for a
         serious financial hardship withdrawal and demonstrate that the
         circumstances being experienced were not under the Executive's control
         and constitute a real emergency which is likely to cause great
         financial hardship. The Committee shall have the authority to require
         such medical or other evidence as it may need to determine the
         necessity for the Executive's withdrawal request. If such application
         for withdrawal is permitted, the amount of such withdrawal shall be
         limited to an amount of the Executive's account which would have been
         payable if the Executive's employment with the Company was terminated.
         If the Executive makes a withdrawal, the amount of the Executive's
         deferred account under this Award shall be proportionately reduced to
         reflect the withdrawal. Also, the withholding requirements described in
         Paragraph 5 shall also be effected before the withdrawal.

         5.  Withholding. Any payment of Company Common Stock under this Award
shall be subject to applicable federal and state withholding requirements.
Hence, unless the Executive delivers a check to the Company equal to the
required withholding, the number of shares distributed shall be reduced to meet
the Executive's applicable withholding requirements.

         6.  Designation of Beneficiary. The Executive shall be permitted to
provide to the Committee a beneficiary designation for receipt of his or her
Award after death. If the Executive fails to designate a beneficiary, or if the
designated beneficiary predeceases the Executive, the Award shall be paid to the
deceased Executive's spouse, if living, or if such spouse is not living, to the
deceased Executive's estate.

         7.  Adjustments. If there is a change in the outstanding shares of the
Company Common Stock by reason of any stock dividend or split, recapitalization,
merger, consolidation, spin-off, reorganization, combination or exchange of
shares or other similar corporate change occurring after October 5, 1999, the
Committee shall adjust the number of shares of Company Common Stock subject to
the Award to reflect the change, and such adjustment shall be conclusive and
binding upon the Executive and the Company. If cash dividends or distributions
are paid to persons who are shareholders of record on or after October 5, 1999,
such dividends shall be deemed to be paid with regard to the Award shares and
reinvested in Company Common Stock at the market value on the date of the deemed
payment. The Committee shall adjust the number of shares subject to the Award to
reflect such cash dividends or distributions, and such adjustment shall be
conclusive and binding on the Executive and the Company.

         8.  Non-Transferability. No amounts payable under the Award shall be
transferable by the Executive other than by his designation of a beneficiary
pursuant to Paragraph 6. The amounts payable under the Award shall be exempt
from the claims of creditors of the Executive and from all orders, decrees,
levies and executions and any other legal process to the fullest extent that may
be permitted by law.

         9.  Amendments to Award. The Award may only be modified upon the mutual
agreement of the Company and the Executive.

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         10.  Source of Benefit Payments. The payment of the Award to the
Executive shall be paid solely from the general assets of the Company. Until the
actual delivery of the shares of Company Common Stock, the Executive shall not
have any interest in any specific assets of the Company, including shares of
Company Common Stock, under the terms of the Award. The Award shall not be
considered to create an escrow account, trust fund or other funding arrangement
of any kind, or a fiduciary relationship between the Executive and the Company.
Until such time of payment, no shares of the Company Common Stock shall be set
aside by the Company for the Award.

         11.  Successors and Assigns. This Award shall be binding upon the
successors and assigns of the Company.

Effective Date:  October 5, 1999

                                 HILLENBRAND INDUSTRIES, INC.

                                 By:  /S/  W August Hillenbrand
                                      ------------------------------------
                                           W August Hillenbrand, President and
                                           Chief Executive Officer

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                                                                   EXHIBIT 10.1

                            U.S. ENERGY SYSTEMS, INC.

                             1996 STOCK OPTION PLAN

1. STATEMENT OF PURPOSE. This 1996 Stock Option Plan (the "Plan") is intended
to provide certain employees, directors (both employee and non-employee
directors), independent contractors and consultants of U.S. Energy Systems,
Inc., a Delaware corporation (the "Company"), and its subsidiaries with an added
incentive to provide their services to the Company and to induce them to exert
their maximum effort toward the Company's success through the encouragement of
stock ownership in the Company by such persons.

2. ADMINISTRATION. The Plan shall be administered by a committee (the
"Committee"), appointed by the Board of Directors, consisting of two or more
outside directors (each of whom qualifies as an "outside director" under Section
162(m) of the Internal Revenue Code of 1986, as amended (the "Code"), and as a
"non-employee director" under Rule I 6b-3 under the Securities Exchange Act of
1934, as amended (the "Exchange Act")), whose interpretation of the terms and
provisions of the Plan shall be final and conclusive. The selection of
employees, directors (both employee and non-employee directors), independent
contractors and consultants for participation in the Plan and all decisions
concerning the timing, pricing and amount of any grant or award under the Plan
shall be made solely by the Committee. In the event a Committee of two or more
qualifying directors cannot be formed, the Plan shall be administered by the
Board of Directors. No member of the Board of Directors or of the Committee
shall be liable for any action or determination made in good faith with respect
to the Plan or any option granted or option agreement entered into hereunder.
The Committee or Board of Directors, as the case may be, may authorize an
executive officer of the Company to execute a stock option agreement on behalf
of the Company and in accordance with the requirements of this Plan and the
specific instructions of the Committee or Board of Directors.

3. ELIGIBILITY. Options shall be granted only to employees (including officers)
and directors (both employee and non-employee directors) of the Company and it
subsidiaries, as well as independent contractors and consultants performing
services for the Company and it subsidiaries (collectively, the "Optionees"),
selected initially and from time to time by the Committee on the basis of their
importance to the business of the Company or its subsidiaries.

4. GRANTING OF OPTIONS. Subject to Section 10 of the Plan, the Company may
grant to Optionees from time to time options to purchase an aggregate of up to
1,000,000 shares of the Company's common stock, par value $.0l per share (the
"Common Stock"). In the event that an option expires or is terminated or
canceled unexercised as to any shares, such released shares may again be
optioned (including a grant in substitution for a canceled option). Shares
subject to options may be made available from authorized and unissued shares of
Common Stock. Options granted under the Plan shall not constitute "incentive
stock options" for purposes of Section 422 of the Code.

The maximum number of shares of Common Stock with respect to which options may
be granted during any calendar year to any person shall be 500,000. All options
granted pursuant to the Plan may be evidenced by agreements, to be executed by
the Company and by the Optionee, in such form or forms as the Committee shall
from time to time determine. option agreements covering options granted from
time to time or at the same time need not contain provisions specified in the
Plan; provided, however, that all such option agreements shall comply with all
terms and provisions of the Plan. The date of grant of an option under this Plan
shall be the date as of which the Committee approves the grant.

5. OPTION PRICE. The option price (the "Option Price") shall be determined by
the Committee and, subject to the provisions of Section 10 hereof, shall be not
less than the fair market value, as determined by the Committee at the time the
option is granted, of the shares of Common Stock subject to the option.

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6. DURATION OF OPTIONS, INCREMENTS AND EXTENSIONS. Subject to the provisions of
Section 8 hereof, each option shall be for such term of not more than ten (10)
years, as shall be determined by the Committee at the time the option is
granted. Each option shall become exercisable one (1) year after the date of its
grant with respect to 50% of the total number of shares subject to the option,
and two (2) years after the date of its grant with respect to the remaining 50%
of the total number of shares subject to the option. Notwithstanding the
foregoing, the Committee may in its discretion (i) specifically provide for
another time or times of exercise at the time the option is granted; (ii)
accelerate the exercisability of any option subject to such terms and conditions
as the Committee deems necessary and appropriate; or (iii) at any time prior to
the expiration or termination of any option previously granted, extend the term
of any option (including such options held by officers) for such additional
period as the Committee in its discretion shall determine. In no event, however,
shall the aggregate option period with respect to any option, including the
original term of the option and any extensions thereof, exceed ten (10) years.
Subject to the foregoing and the other provisions of this Plan, all or any part
of the shares to which the right to purchase has accrued may be purchased at the
time of such accrual or at any time or times thereafter during the option
period.

         In the event of a Change in Control (as defined below), all outstanding
options shall become immediately exercisable. Notwithstanding any other
provisions hereunder, during the period of 30 days after a Change in Control,
each Optionee shall have the right to require the Company to purchase from such
Optionee any option granted under this Plan at a purchase price equal to the
excess of fair market value per share over the option price multiplied by the
number of option shares specified by the Optionee for purchase in a written
notice to the Company, attention of the Secretary. A "Change in Control" shall
be deemed to occur if any person (i) shall acquire direct or indirect control of
at least 50% of the outstanding voting stock, or (ii) has the power (whether
such power arises as a result of the ownership of capital stock by contract or
otherwise) or the ability to elect or cause the election of directors consisting
at the time of such election of a majority of the Company's Board of Directors.
As used herein, "person" shall mean any person, corporation, partnership, joint
venture or other entity or any group (as such term is defined in Section 13(d)
of the Exchange Act, and the rules promulgated thereunder). For purposes of this
paragraph. "fair market value per share" shall mean the average of the highest
sales price per share of the Common Stock as quoted on The Nasdaq SmallCap
Market, The Nasdaq National Market or by the principal exchange upon which the
Common Stock is listed, on each of the five trading days immediately preceding
the date on which such individual so notifies the Company. The amount payable to
each such individual by the Company shall be in cash or by certified check and
shall be reduced by any taxes required to be withheld.

7. EXERCISE OF OPTION. As a condition to the exercise of any option, the Quoted
Price (as defined below) per share of Common Stock on the date of exercise must
be equal to or exceed the Option Price. An option may be exercised by giving
written notice to the Company, attention of the Secretary, specifying the number
of shares to be purchased, accompanied by the full purchase price for the shares
to be purchased (i) in cash, (ii) by check, (iii) to the extent permitted by
applicable law by a promissory note in a form specified by the Company and
payable to the Company no later than 15 business days after the date of exercise
of the option, (iv) if so approved by the Committee, by shares of Common Stock
of the Company, (v) by delivering a written direction to the Company that the
option be exercised pursuant to a "cashless" exercise/sale procedure (pursuant
to which funds to pay for exercise of the option are delivered to the Company by
a broker upon receipt of stock certificates from the Company) or a cashless
exercise/loan procedure (pursuant to which the Optionee would obtain a margin
loan from a broker to fund the exercise) through a licensed broker acceptable to
the Company whereby the stock certificate or certificates for the shares for
which the option is exercised will be delivered to such broker as the agent for
the individual exercising the option and the broker will deliver to the Company
cash (or cash equivalents acceptable to the Company) equal to the option price
for the shares of Common Stock purchased pursuant to the exercise of the option
plus the amount (if any) of federal and other taxes that the Company may. in its
judgment, be required to withhold with respect to the exercise of the option,
(vi) by delivering a written direction to the Company in lieu of payment in cash
by the Optionee, instructing the Company to withhold from the shares otherwise
issuable upon the exercise of the Option that number of shares which have an
aggregate Quoted Price equal to the aggregate cash Option Price of the shares
being purchased, or (vii) by a combination of these methods of payment. The
"Quoted Price" and the per share value of Common Stock for purposes of paying or
off-setting the Option Price in accordance with the immediately preceding
sentence shall equal the closing selling price per share of Common Stock on the
business day immediately prior to the exercise date.

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         At any time of any exercise of any option, the Company may, if it shall
determine it necessary or desirable for any reason, require the Optionee (or his
or her heirs, legatees or legal representative, as the case may be), as a
condition upon the exercise thereof, to deliver to the Company a written
representation of present intention to purchase the shares for investment and
not for distribution. In the event such representation is required to be
delivered, an appropriate legend may be placed upon each certificate delivered
to the Optionee (or his or her heirs, legatees or legal representative, as the
case may be) upon his or her exercise of part or all of the option and a stop
transfer order may be placed with the transfer agent. Each option shall also be
subject to the requirement that, if at any time the Company determines, in its
discretion, that the listing, registration or qualification of the shares
subject to the option upon any securities exchange or under any state or federal
law, or the consent or approval of any governmental regulatory body is necessary
or desirable as a condition of or in connection with, the issuance or purchase
of the shares thereunder, the option may not be exercised in whole or in part
unless such listing, registration, qualification, consent or approval shall have
been effected or obtained free of any conditions not acceptable to the Company
in its sole discretion. The Company shall not be obligated to take any
affirmative action in order to cause the exercisability or vesting of an option
or to cause the exercise of an option or the issuance of shares pursuant thereto
to comply with any law or regulation of any governmental authority.

         At the time of the exercise of any option, the Committee may require,
as a condition of the exercise of such option, the Optionee (i) to pay the
Company an amount equal to the amount of tax the Company may be required to
withhold to obtain a deduction for federal income tax purposes as a result of
the exercise of such option by the Optionee, or (ii) to make such other
arrangements with the Company which would enable the Company to pay such
withholding tax, including, without limitation, holding back a number of shares
issuable upon exercise of the option equal to the amount of such withholding
tax, or permitting the Optionee to deliver a promissory note in a form specified
by the Committee or withhold taxes from other compensation payable to the
Optionee by the Company, or (iii) a combination of the foregoing.

8. TERMINATION OF RELATIONSHIP AND EXERCISE THEREAFTER. In the event the
employment, directorship, contractor or consulting relationship between the
Company and an Optionee is terminated for any reason other than death, permanent
disability or retirement, such Optionee's options shall expire and all rights to
purchase shares pursuant thereto shall terminate immediately. The Committee may,
in its sole discretion, permit any option to remain exercisable for such period
after such termination as the Committee may prescribe, but in no event after the
expiration date of the option. Unless otherwise determined by the Committee,
temporary absence from employment or as a member of the Board of Directors, an
independent contractor or a consultant because of illness, vacation, approved
leaves of absence and transfers of employment among the Company and its
subsidiaries, shall not be considered to terminate employment, directorship or
contract or consulting relationship or to interrupt continuous employment,
directorship or contract or consulting relationship.

         In the event of termination of said relationship because of death,
permanent disability (as that term is defined in Section 22(e)(3) of the Code,
as now in effect or as subsequently amended), or retirement, the option may be
exercised in full, without regard to any installments or vesting schedule
established under Section 6 hereof, by the Optionee or, if he or she is not
living, by his or her heirs, legatees or legal representatives (as the case may
be) during its specific term prior to three years after the date of death,
permanent disability or retirement, or such longer period as the Committee may
prescribe, but in no event after the expiration date of the option.

9. NON-TRANSFERABILITY. During the lifetime of the Optionee, options shall be
exercisable only by the Optionee, and options shall not be assignable or
transferable by the Optionee otherwise than by will or by the laws of descent
and distribution, or pursuant to a qualified domestic relations order as defined
by the Code, or Title I of the Employment Retirement Income Security Act of
1974, as amended, or the rules thereunder.

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10. ADJUSTMENTS. The number of shares subject to the Plan and options granted
under the Plan shall be adjusted as follows: (i) in the event that the number of
outstanding shares of Common Stock is changed by any stock dividend, stock split
or combination of shares, the number of shares subject to the Plan and to
options granted hereunder shall be proportionately adjusted; (ii) in the event
of any merger, consolidation or reorganization of the Company with any other
corporation or corporations, there shall be substituted, on an equitable basis,
for each share of Common Stock then subject to the Plan, whether or not at the
time subject to outstanding options, the number and kind of shares of stock or
other securities to which the holders of shares of Common Stock will be entitled
pursuant to the transaction; and (iii) in the event of any other relevant change
in the capitalization of the Company, an equitable adjustment shall be made in
the number of shares of Common Stock then subject to the Plan, whether or not
then subject to outstanding options. In the event of any such adjustment, the
purchase price per share shall be proportionately adjusted. The grant of an
option pursuant to the Plan shall not affect or limit in any way the right or
power of the Company to make adjustments, reclassifications, reorganizations or
changes in its capital or business structure or to merge, consolidate, dissolve
or liquidate, or to sell or transfer all or any part of its business or capital.

11. AMENDMENT OF PLAN. The Board of Directors may amend or discontinue the Plan
at any time. However, no amendment or discontinuance shall be made without the
requisite approval of the shareholders of the Company if such approval is
required as a condition to the Plan continuing to comply with the provisions of
Section 162(m) of the Code.

12. CASH PROCEEDS. Any cash proceeds received by the Company from the sale of
shares pursuant to the options granted under the Plan shall be used for general
corporate purposes.

13. NO IMPAIRMENT OF RIGHTS. Nothing contained in the Plan or any option granted
pursuant thereto shall confer upon any Optionee any right to be continued in the
employment of the Company or its subsidiaries or to be continued as an
independent contractor or a consultant to the Company or its subsidiaries, or
interfere in any way with the right of the Company or its subsidiaries to
terminate such employment or contract or consulting relationship and/or to
remove any Optionee who is a director from service on the Board of Directors of
the Company or its subsidiaries at any time in accordance with the Company's
By-Laws or any provisions of applicable law.

14. COMPLIANCE WITH RULE 16B-3. The Plan is intended to comply with all
provisions of Rule 1 6b-3 or its successors promulgated under the Exchange Act
necessary to secure an exemption from Section 16(b) of the Exchange Act for
participating officers and directors, regardless of whether such provisions are
set forth in the Plan. To the extent any provision of the Plan or action of the
Plan administrators fails to so comply, it shall be deemed null and void, to the
extent permitted by law and deemed advisable by the Plan administrators.

15. SEVERABILITY. If any provision of the Plan or any option agreement shall be
determined to be illegal or unenforceable by any court of law in any
jurisdiction, the remaining provisions hereof and thereof shall be severable and
enforceable in accordance with their terms, and all provisions shall remain
enforceable in any other jurisdiction.

16. GOVERNING LAW. The validity and construction of this Plan and the
instruments evidencing the options granted hereunder shall be governed by the
laws of the State of Florida (excluding its choice of law rules).

17. EFFECTIVE DATE. On December 16, 1996, the Plan was adopted and authorized by
the Board of Directors. The Plan shall be effective as of the date of adoption
by the Board of Directors.

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