Document:

CLICKABLE ENTERPRISES, INC

                                 2006 STOCK PLAN

      The  purpose  of the  Clickable  Enterprises,  Inc.  2006  Stock Plan (the
"Plan") is to provide (i) designated  employees of Clickable  Enterprises,  Inc.
(the "Company") and its subsidiaries,  (ii) certain consultants and advisors who
perform  services  for the Company or its  subsidiaries  and (iii)  non-employee
members  of the  Board  of  Directors  of the  Company  (the  "Board")  with the
opportunity to receive grants of incentive stock options and nonqualified  stock
options  (collectively,  "Options")  and  restricted  stock  (together  with the
Options,  referred  to as  "Grants").  The Company  believes  that the Plan will
encourage  the  participants  to  contribute  materially  to the  growth  of the
Company,  thereby  benefiting  the  Company's  stockholders,  and will align the
economic interests of the participants with those of the stockholders.

1.    Administration

      (a) Board or Committee.  The Plan shall be administered and interpreted by
the Board of Directors ("Board"), or a committee of the Board, which may consist
of two or more  persons who are "outside  directors"  as defined  under  Section
162(m) of the  Internal  Revenue  Code of 1986,  as amended  (the  "Code"),  and
related Treasury regulations and "non-employee  directors" as defined under Rule
16b-3 under the  Securities  Exchange  Act of 1934,  as amended  (the  "Exchange
Act").  However,  if such a  committee  is  appointed,  the Board may  ratify or
approve  any grants as it deems  appropriate.  If a committee  or an  individual
administers  the Plan,  references in the Plan to the "Board" shall be deemed to
refer to the committee.

      (b)  Board  Authority.  The Board  shall  have the sole  authority  to (i)
determine  the  individuals  to whom Grants  shall be made under the Plan,  (ii)
determine  the  type,  size and  terms  of the  Grants  to be made to each  such
individual,  (iii)  determine  the  time  when the  Grants  will be made and the
duration  of  any  applicable  exercise  period,   including  the  criteria  for
exercisability and the acceleration of  exercisability,  (iv) amend the terms of
any  previously  issued Grant and (v) deal with any other matters  arising under
the Plan.

      (c)  Delegation.  The Board may  delegate  certain of its duties to one or
more of its members or to one or more agents as it may deem advisable. The Board
may employ attorneys,  agents,  consultants,  accountants or other persons,  and
shall be  entitled  to rely upon the  advice,  opinions  or  valuations  of such
persons.

      (d) Board Determinations. The Board shall have full power and authority to
administer and interpret the Plan, to make factual  determinations  and to adopt
or amend such rules,  regulations,  agreements and instruments for  implementing
the Plan and for the conduct of its business as it deems necessary or advisable,
in its  sole  discretion.  The  Board's  interpretations  of the  Plan  and  all
determinations  made by the Board  pursuant to the powers vested in it hereunder
shall be conclusive  and binding on all persons  having any interest in the Plan
or in any awards granted hereunder. All powers of the Board shall be executed in
its sole  discretion,  in the best interest of the Company,  not as a fiduciary,
and in  keeping  with the  objectives  of the Plan and need not be uniform as to
similarly situated individuals.

            (e) Grants  Generally.  Awards under the Plan may consist of Options
as  described  in  Section  4, or  restricted  stock as  described  in Section 7
("Restricted  Stock").  All Grants shall be subject to the terms and  conditions
set forth  herein and to such other terms and  conditions  consistent  with this
Plan as the Board deems appropriate and as are specified in writing by the Board
to the individual in a Grant  instrument or an amendment to the Grant instrument
(the each an "Option Agreement" or "Grant Instrument").  The Board shall approve
the form and provisions of each Option Agreement or Grant Instrument.

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2.    Shares Subject to the Plan

      (a) Shares  Authorized.  Subject to  adjustment  as described  below,  the
aggregate number of shares of common stock of the Company ("Company Stock") that
may be issued or transferred  under the Plan or upon which awards under the Plan
may be granted is 50,000,000 shares,  which may be issued as Restricted Stock or
as stock  options,  some or all of which may be  incentive  stock  options  when
issued to individuals  entitled to receive  incentive stock options.  The shares
may be authorized but unissued  shares of Company Stock or reacquired  shares of
Company Stock,  including shares purchased by the Company on the open market for
purposes  of the  Plan.  If and to the  extent  Options  granted  under the Plan
terminate, expire, or are canceled, forfeited,  exchanged or surrendered without
having been  exercised,  or if any  Restricted  Stock is  forfeited,  the shares
subject to such Grants shall again be available for purposes of the Plan, unless
otherwise provided by the Board.

      (b) Adjustments. If there is any change in the number or kind of shares of
Company  Stock   outstanding   by  reason  of  (i)  stock   dividend,   spinoff,
recapitalization, stock split or combination or exchange of shares, (ii) merger,
reorganization or consolidation,  (iii)  reclassification or change in par value
or (iv) any other  extraordinary  or unusual  event  affecting  the  outstanding
Company Stock as a class without the Company's receipt of  consideration,  or if
the value of outstanding  shares of Company Stock is substantially  reduced as a
result of a spinoff or the  Company's  payment of an  extraordinary  dividend or
distribution,  the maximum number of shares of Company Stock available under the
Plan,  the  maximum  number of  shares  of  Company  Stock  that any  individual
participating  in the Plan may be  granted  in any  year,  the  number of shares
covered by outstanding Grants, the kind of shares issued under the Plan, and the
price  per  share  or  the  applicable  market  value  of  such  Grants  may  be
appropriately  adjusted by the Board to reflect any  increase or decrease in the
number of, or change in the kind or value of,  issued shares of Company Stock to
preclude,  to the extent practicable,  the enlargement or dilution of rights and
benefits  under such  Grants;  provided,  however,  that any  fractional  shares
resulting from such adjustment shall be eliminated.  Any adjustments  determined
by the Board shall be final, binding and conclusive.

            3. Eligibility for Participation

      (a) Eligible  Persons.  All employees of the Company and its  subsidiaries
("Employees")  and  members  of the Board who are not  Employees  ("Non-Employee
Directors")  shall be  eligible  to  participate  in the Plan.  Consultants  and
advisors who perform services for the Company or any of its  subsidiaries  ("Key
Advisors")  shall be eligible  to  participate  in the Plan if the Key  Advisors
render bona fide services to the Company or its  subsidiaries,  the services are
not in connection  with the offer and sale of  securities  in a  capital-raising
transaction  and the Key  Advisors  do not  directly  or  indirectly  promote or
maintain a market for the Company's securities.

      (b)  Selection  of  Grantees.   The  Board  shall  select  the  Employees,
Non-Employee  Directors and Key Advisors to receive  Grants and shall  determine
the number of shares of Company  Stock  subject  to a  particular  Grant in such
manner  as the  Board  determines.  Employees,  Key  Advisors  and  Non-Employee
Directors who receive Grants under this Plan shall hereinafter be referred to as
"Grantees."

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4.    Granting of Options

      (a) Number of Shares.  The Board shall  determine  the number of shares of
Company Stock that will be subject to each Option.

      (b) Type of Option and Price.

            (i) The Board may grant  Options  that are  intended  to  qualify as
"incentive  stock  options"  within  the  meaning  of  Section  422 of the  Code
("Incentive  Stock  Options")  or Options  that are not  intended  so to qualify
("Nonqualified Stock Options") or any combination of Incentive Stock Options and
Nonqualified Stock Options,  all in accordance with the terms and conditions set
forth  herein.  Incentive  Stock Options may be granted only to Employees of the
Company or a parent or subsidiary  (within the meaning of Section  424(f) of the
Code).  Nonqualified  Stock  Options may be granted to  Employees,  Non-Employee
Directors and Key Advisors.  Unless otherwise  provided in the Option Agreement,
any Option granted under this Plan to an Employee is intended to be an Incentive
Stock Option.

            (ii) The  purchase  price (the  "Exercise  Price") of Company  Stock
subject to an Option shall be  determined  by the Board.  The Exercise  Price of
Options shall be equal to the Fair Market Value (as defined below) of a share of
Company  Stock on the date the Option is  granted;  provided,  however,  that an
Incentive  Stock  Option may not be granted to an  Employee  who, at the time of
grant,  owns stock possessing more than ten percent of the total combined voting
power of all classes of stock of the Company or any parent or  subsidiary of the
Company,  unless the Exercise  Price per share is not less than 110% of the Fair
Market Value of Company Stock on the date of grant. In addition,  should counsel
advise the Board that due to changes in law or  regulations,  it is necessary or
desirable for the Exercise  Price of  Nonqualified  Stock Options to be at least
equal to Fair Market Value,  thereafter  the Exercise Price of all Options shall
be at least Fair Market Value on the date of grant.

            (iii) If the Company Stock is publicly traded,  then the Fair Market
Value per share shall be  determined as follows:  (x) if the  principal  trading
market for the  Company  Stock is a national  securities  exchange or the Nasdaq
National  Market,  the closing  price  thereof on the relevant date or (if there
were no trades on that  date) the  latest  preceding  date upon which a sale was
reported, or (y) if the Company Stock is not principally traded on such exchange
or market,  the mean  between  the last  reported  "bid" and  "asked"  prices of
Company  Stock on the  relevant  date,  as  reported  on  Nasdaq  or,  if not so
reported,  as reported by the NASDAQ OTC  Bulletin  Board,  the  National  Daily
Quotation  Bureau,  Inc.  or as  reported  in a  customary  financial  reporting
service, as applicable and as the Board determines.  If the Company Stock is not
publicly traded or, if publicly traded, is not subject to reported  transactions
or "bid" or "asked"  quotations  as set forth  above,  the Fair Market Value per
share shall be as determined by the Board.

      (c) Option Term.  The Board shall  determine the term of each Option.  The
term of any Option shall not exceed ten years from the date of grant, which date
of grant is determined by the Board.  However, an Incentive Stock Option that is
granted to an Employee  who, at the time of grant,  owns stock  possessing  more
than ten percent of the total  combined  voting power of all classes of stock of
the Company,  or any parent or  subsidiary  of the Company,  may not have a term
that exceeds five years from the date of grant.

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<PAGE>

      (d)  Exercisability  of  Options.  Options  shall  become  exercisable  in
accordance with such terms and  conditions,  consistent with the Plan, as may be
determined  by the  Board  and  specified  in the  Option  Agreement.  Unless  a
different  vesting  schedule is specified  by the Board in an Option  Agreement,
Options  granted  under this Plan shall vest in three equal annual  installments
beginning with the first anniversary of grant. The Board may accelerate, and may
provide in the Option Agreement for the acceleration of, the  exercisability  of
any or all outstanding Options at any time for any reason.

      (e) Reload Options.  In the event that shares of Company Stock are used to
exercise  an  Option,  the terms of such  Option  may  provide  for the grant of
additional  Options,  or the Board may grant additional  Options,  to purchase a
number of shares of Company  Stock  equal to the number of whole  shares used to
exercise the Option and the number of whole shares,  if any, withheld in payment
of any taxes.  Such Options shall be granted with an Exercise Price equal to the
Fair Market Value of the Company  Stock on the date of grant of such  additional
Options, or at such other Exercise Price as the Board may establish,  for a term
not longer than the  unexpired  term of the  exercised  Option and on such other
terms as the Board shall determine.

      (f) Dividend  Equivalents.  The Board may grant  dividend  equivalents  in
connection with Options granted under the Plan. Dividend equivalents may be paid
currently or accrued as contingent  cash  obligations and may be payable in cash
or shares of  Company  Stock,  and upon such  terms as the Board may  establish,
including,  without limitation,  the achievement of specific  performance goals.
Dividend  equivalents  credited to an Grantee's  account shall not be subject to
forfeiture,  except as the Board may determine,  and may bear amounts equivalent
to interest as the Board may determine.

      (g) Limit on Incentive  Stock Options.  Each Incentive  Stock Option shall
provide that, if the aggregate Fair Market Value of the stock on the date of the
grant with respect to which  Incentive  Stock  Options are  exercisable  for the
first time by an Grantee during any calendar  year,  under the Plan or any other
stock option plan of the Company or a parent or  subsidiary,  exceeds  $100,000,
then the Option,  as to the  excess,  shall be treated as a  Nonqualified  Stock
Option.

5.    Termination of Employment, Disability or Death

      (a)  General  Rule.  Except  as  provided  below,  an  Option  may only be
exercised while the Grantee is employed by, or providing service to, the Company
as an Employee,  Key Advisor or member of the Board. In the event that a Grantee
ceases to be  employed  by, or provide  service  to, the  Company for any reason
other than (i) termination by the Company without Cause (as defined below), (ii)
voluntary  termination  by the Grantee,  (iii)  Disability (as defined below) or
(iv) death, any Option held by the Grantee shall terminate  immediately  (unless
the Board specifies otherwise). In addition, notwithstanding any other provision
of this Plan,  if the Board  determines  that the Grantee has engaged in conduct
that  constitutes  Cause at any time  while  the  Grantee  is  employed  by,  or
providing  service  to,  the  Company  or after  the  Grantee's  termination  of
employment  or  service,  any  Option  held  by the  Grantee  shall  immediately
terminate and the Grantee shall automatically  forfeit all shares underlying any
exercised  portion of an Option for which the Company has not yet  delivered the
share certificates, upon refund by the Company of the Exercise Price paid by the
Grantee  for such  shares.  Upon any  exercise  of an Option,  the  Company  may
withhold delivery of share  certificates  pending  resolution of an inquiry that
could lead to a finding resulting in a forfeiture.

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      (b) Termination Without Cause; Voluntary Termination. In the event that an
Grantee ceases to be employed by, or provide service to, the Company as a result
of (i)  termination  by the Company  without  Cause (as  defined  below) or (ii)
voluntary  termination by the Grantee, any Option which is otherwise exercisable
by the Grantee shall terminate unless exercised within 90 days after the date on
which the Grantee  ceases to be employed by, or provide  service to, the Company
(or within such other period of time as may be  specified by the Board),  but in
any event no later than the date of  expiration  of the Option  term.  Except as
otherwise  provided  by the Board,  any of the  Grantee's  Options  that are not
otherwise  exercisable as of the date on which the Grantee ceases to be employed
by, or provide service to, the Company shall terminate as of such date.

      (c) Termination  Because  Disabled.  In the event the Grantee ceases to be
employed by, or provide service to, the Company because the Grantee is Disabled,
any Option which is otherwise  exercisable by the Grantee shall terminate unless
exercised  within  one year  after  the date on which the  Grantee  ceases to be
employed by, or provide  service to, the Company (or within such other period of
time as may be specified by the Board),  but in any event no later than the date
of expiration of the Option term. Except as otherwise provided by the Board, any
of the Grantee's  Options which are not otherwise  exercisable as of the date on
which the Grantee  ceases to be employed by, or provide  service to, the Company
shall terminate as of such date.

      (d) Death. If the Grantee dies while employed by, or providing service to,
the Company or within 90 days after the date on which the  Grantee  ceases to be
employed or provide  service on account of a  termination  specified  in Section
5(b)  above (or  within  such other  period of time as may be  specified  by the
Board), any Option that is otherwise  exercisable by the Grantee shall terminate
unless  exercised  within one year after the date on which the Grantee ceases to
be employed by, or provide  service to, the Company (or within such other period
of time as may be  specified  by the Board),  but in any event no later than the
date of  expiration  of the Option  term.  Except as  otherwise  provided by the
Board, any of the Grantee's Options that are not otherwise exercisable as of the
date on which the Grantee  ceases to be employed by, or provide  service to, the
Company shall terminate as of such date.

      (e) Board  Discretion.  The Board shall have the discretion to vary any of
the  provisions  of the  foregoing  in an Option  Agreement  for a  Nonqualified
Option, including, without limitation, by providing that the Nonqualified Option
shall not be affected by the termination of employment or service of a Grantee.

      (f) Definitions.

            (i) The term  "Company"  shall mean the  Company  and its parent and
subsidiary corporations or other entities, as determined by the Board.

            (ii)  "Employed by, or provide  service to, the Company"  shall mean
employment  or service as an  Employee,  Key  Advisor or member of the Board (so
that an Grantee shall not be considered to have terminated employment or service
until the  Grantee  ceases to be an  Employee,  Key  Advisor  and  member of the
Board), unless the Board determines otherwise.

            (iii)  "Disability"  shall mean a Grantee's  becoming disabled under
the Company's long-term disability plan, or, if the Grantee is not covered under
such plan or no such plan is maintained,  and in the case of an Incentive  Stock
Option,  "Disability"  shall  mean an  Grantee's  becoming  disabled  within the
meaning of Section 22(e)(3) of the Code.

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<PAGE>

            (iv) "Cause" shall mean, except to the extent specified otherwise by
the Board,  a finding by the Board that the Grantee has: (i) breached his or her
employment or service  contract with the Company;  (ii) engaged in disloyalty to
the  Company,  including,  without  limitation,   fraud,  embezzlement,   theft,
commission  of a  felony  or  proven  dishonesty  in  the  course  of his or her
employment or service; (iii) disclosed trade secrets or confidential information
of the  Company to  persons  not  entitled  to receive  such  information;  (iv)
breached  any  written  confidentiality,   non-competition  or  non-solicitation
agreement between the Grantee and the Company;  or (v) has engaged in such other
behavior detrimental to the interests of the Company as the Board determines.

                  6. Exercise of Options.

      (a) Notice of  Exercise.  A Grantee may exercise an Option that has become
exercisable,  in whole or in part,  by  delivering  a notice of  exercise to the
Company.

      (b)  Payment of Exercise  Price.  Along with the notice of  exercise,  the
Grantee shall pay the Exercise Price for an Option as specified by the Board (i)
in cash,  (ii) with the approval of the Board,  by delivering  shares of Company
Stock owned by the Grantee  (including Company Stock acquired in connection with
the  exercise  of an Option,  subject to such  restrictions  as the Board  deems
appropriate) valued at Fair Market Value on the date of exercise, (iii) with the
approval of the Board, by surrender of outstanding awards under the Plan or (iv)
by such other method as the Board may approve.  Shares of Company  Stock used to
exercise an Option shall have been held by the Grantee for the requisite  period
of time to avoid adverse accounting  consequences to the Company with respect to
the Option.

      (c) Payment of Tax.  The Grantee  shall pay the amount of any  withholding
tax due at the time of exercise.

7.    Restricted Stock

      The Board may grant Restricted Stock to an Employee, Non-Employee Director
or Key Advisor,  upon such terms as the Board deems  appropriate.  The following
provisions are applicable to Restricted Stock:

      (a) General  Requirements.  Shares of Company Stock issued or  transferred
pursuant  to a Grant of  Restricted  Stock  may be  issued  or  transferred  for
consideration  or  for no  consideration,  and  subject  to  restrictions  or no
restrictions,  as  determined  by the  Board.  The Board  may,  but shall not be
required to, establish  conditions under which  restrictions on Restricted Stock
shall  lapse over a period of time or  according  to such other  criteria as the
Board deems appropriate,  including, without limitation, restrictions based upon
the achievement of specific performance goals. In addition,  the Board may grant
restricted stock for which there is no Restriction  Period.  The period of time,
if any,  during which the Restricted  Stock will remain subject to  restrictions
will be designated in the Grant Instrument as the "Restriction Period."

      (b) Number of Shares.  The Board shall  determine  the number of shares of
Company Stock to be issued or  transferred  and the  restrictions  applicable to
such shares.

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<PAGE>

      (c)  Requirement  of  Employment or Service.  If the Grantee  ceases to be
employed  by, or provide  service to, the  Company (as defined in Section  5(e))
during a period designated in the Grant Instrument as the Restriction Period, or
if other specified  conditions are not met, the Restricted Stock shall terminate
as to all  shares  covered  by the Grant as to which the  restrictions  have not
lapsed,  and those shares of Company Stock must be  immediately  returned to the
Company.  The Board may, however,  provide for complete or partial exceptions to
this requirement as it deems appropriate.

      (d) Restrictions on Transfer and Legend on Stock  Certificate.  During the
Restriction  Period,  a  Grantee  may not  sell,  assign,  transfer,  pledge  or
otherwise  dispose  of the  shares of  Restricted  Stock  except to a  Successor
Grantee under Section  11(a).  A stock  certificate  representing  the shares of
Restricted  Stock shall be registered in the Grantee's name but shall be held in
the custody of the Company for the Grantee's account.

      (e) Right to Vote and to Receive  Dividends.  Unless the Board  determines
otherwise,  during the Restriction  Period,  the Grantee shall have the right to
vote  shares  of  Restricted  Stock  and  to  receive  any  dividends  or  other
distributions  paid  on  such  shares,   subject  to  any  restrictions   deemed
appropriate by the Board,  including,  without  limitation,  the  achievement of
specific performance goals or that any dividends or other distributions shall be
held for the Grantee's  account and credited with interest  instead of currently
paid.

      (f) Lapse of Restrictions.  All  restrictions  imposed on Restricted Stock
shall lapse upon the  expiration of the  applicable  Restriction  Period and the
satisfaction of all conditions imposed by the Board. The Board may determine, as
to any or all Restricted Stock, that the restrictions shall lapse without regard
to any Restriction Period.

7.    Withholding of Taxes

      (a)  Required  Withholding.  All Grants under the Plan shall be subject to
applicable   federal   (including   FICA),   state  and  local  tax  withholding
requirements.  The Company  shall have the right to deduct from any amounts paid
to the Grantee, any federal, state or local taxes required by law to be withheld
with respect to such  Grants.  The Company may require that the Grantee or other
person  receiving  or  exercising  Grants pay to the  Company  the amount of any
federal,  state or local taxes that the  Company is  required  to withhold  with
respect to such  Grants,  or the Company may deduct from other wages paid by the
Company the amount of any withholding taxes due with respect to such Grants.

      (b) Election to Withhold  Shares.  If the Board so permits,  a Grantee may
elect, in the form and manner  prescribed by the Board, to satisfy the Company's
income tax withholding  obligation  with respect to Options or Restricted  Stock
paid in Company  Stock by having  shares  withheld up to an amount that does not
exceed  the  Grantee's  minimum  applicable  withholding  tax rate  for  federal
(including FICA), state and local tax liabilities.

8.    Transferability of Grants

      (a)  Nontransferability  of Grants.  Except as  provided  below,  only the
Grantee may exercise  rights under an Option  during the Grantee's  lifetime.  A
Grantee  may not  transfer  those  rights  except  (i) by will or by the laws of
descent and distribution or (ii) with respect to Nonqualified Stock Options,  if
permitted in any specific  case by the Board,  pursuant to a domestic  relations
order or otherwise as permitted by the Board. When an Grantee dies, the personal
representative  or other person entitled to succeed to the rights of the Grantee
("Successor Grantee") may exercise such rights. A Successor Grantee must furnish
proof  satisfactory  to the  Company of his or her right to  receive  the Option
under  the  Grantee's  will  or  under  the  applicable   laws  of  descent  and
distribution.

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<PAGE>

      (b) Transfer of Nonqualified Stock Options. Notwithstanding the foregoing,
the Board may  provide,  in an Option  Agreement,  that an Grantee may  transfer
Nonqualified  Stock  Options to family  members,  or one or more trusts or other
entities  for the  benefit of or owned by family  members,  consistent  with the
applicable  securities laws, according to such terms as the Board may determine;
provided  that the Grantee  receives  no  consideration  for the  transfer of an
Option and the transferred Option shall continue to be subject to the same terms
and conditions as were applicable to the Option immediately before the transfer.

9.    Change of Control of the Company

      As used herein, a "Change of Control" shall be deemed to have occurred if:

      (a) Unless the Board approves such acquisition, any "person" (as such term
is used in Sections  13(d) and 14(d) of the Exchange  Act) becomes a "beneficial
owner"  (as  defined  in  Rule  13d-3  under  the  Exchange  Act),  directly  or
indirectly,  in a single transaction,  of securities of the Company representing
more than 50 percent of the voting power of the then  outstanding  securities of
the Company; provided that a Change of Control shall not be deemed to occur as a
result of a change of ownership resulting from the death of a stockholder, and a
Change of Control shall not be deemed to occur as a result of a  transaction  in
which the Company  becomes a subsidiary of another  corporation and in which the
stockholders  of  the  Company,  immediately  prior  to  the  transaction,  will
beneficially  own,  immediately  after the  transaction,  shares  entitling such
stockholders  to more than 50 percent of all votes to which all  stockholders of
the parent  corporation would be entitled in the election of directors  (without
consideration  of the  rights  of any  class of stock  to elect  directors  by a
separate class vote);

      (b)  Unless  the Board  approves  such  acquisition,  if in any  series of
acquisitions  any "person" (as such term is used in Sections  13(d) and 14(d) of
the Exchange Act) becomes a  "beneficial  owner" (as defined in Rule 13d-3 under
the  Exchange  Act),  directly  or  indirectly,  of  securities  of the  Company
representing  more  than  2/3 of  the  voting  power  of  the  then  outstanding
securities of the Company; provided that a Change of Control shall not be deemed
to occur as a result  of a change  of  ownership  resulting  from the death of a
stockholder, and a Change of Control shall not be deemed to occur as a result of
a transaction in which the Company  becomes a subsidiary of another  corporation
and  in  which  the  stockholders  of  the  Company,  immediately  prior  to the
transaction,  will beneficially own,  immediately after the transaction,  shares
entitling  such  stockholders  to  more  than  2/3 of all  votes  to  which  all
stockholders  of the parent  corporation  would be entitled  in the  election of
directors  (without  consideration  of the rights of any class of stock to elect
directors by a separate class vote); or

      (c) The  consummation of (i) a merger or consolidation of the Company with
another corporation where the stockholders of the Company,  immediately prior to
the merger or consolidation,  will not beneficially  own,  immediately after the
merger or  consolidation,  shares  entitling such  stockholders  to more than 50
percent  of all votes to which all  stockholders  of the  surviving  corporation
would be entitled in the election of  directors  (without  consideration  of the
rights of any class of stock to elect directors by a separate class vote),  (ii)
a sale or other  disposition  of all or  substantially  all of the assets of the
Company or (iii) a liquidation or dissolution of the Company.

                                       8
<PAGE>

      (d)  Notwithstanding  the  foregoing,  a Public  Offering of the Company's
stock shall not be deemed to result in a Change of Control.

11.   Consequences of a Change of Control

      (a) Notice and Acceleration.  30 days prior to a Change of Control, unless
the Board determines otherwise, all outstanding Options shall become exercisable
in full and all  restrictions on all outstanding  Restricted  Stock shall lapse.
The Board shall  provide  notice to Grantees of the Change of Control as soon as
practicable prior to the Change of Control.

      (b) Assumption of Grants Upon a Change of Control where the Company is not
the  surviving  corporation  (or  survives  only  as  a  subsidiary  of  another
corporation),  unless the Board determines  otherwise,  all outstanding  Options
that are not exercised shall be assumed by, or replaced with comparable  options
or rights  by,  the  surviving  corporation  (or a parent or  subsidiary  of the
surviving corporation).

      (c)  Other  Alternatives.   Notwithstanding  the  foregoing,   subject  to
subsection  (d) below,  in the event of a Change of Control,  the Board may take
one or both of the  following  actions  with  respect to any or all  outstanding
Options:  (i) the Board may require that Grantees  surrender  their  outstanding
Options in exchange  for a payment by the Company,  in cash or Company  Stock as
determined by the Board, in an amount equal to the amount by which the then Fair
Market Value of the shares of Company Stock subject to the Grantee's unexercised
Options exceeds the Exercise Price of the Options;  or (ii) the Board may, after
giving Grantees an opportunity to exercise their outstanding Options,  terminate
any or all unexercised Options at such time as the Board deems appropriate. Such
surrender or  termination  or settlement  shall take place as of the date of the
Change of Control or such other date as the Board may specify.

      (d) Limitations.  Notwithstanding anything in the Plan to the contrary, in
the event of a Change of Control, the Board shall not have the right to take any
actions described in the Plan (including without limitation actions described in
subsection  (c) above)  that would  make the  Change of Control  ineligible  for
pooling  of  interests  accounting  treatment  or that  would make the Change of
Control ineligible for desired tax treatment if, in the absence of such right or
action,  the Change of Control would qualify for such treatments and the Company
intends to use such treatments with respect to the Change of Control.

11.   Requirements for Issuance or Transfer of Shares

      (a) Stockholder's Agreement. The Board may require that an Grantee execute
a stockholder's agreement, with such terms as the Board deems appropriate,  with
respect to any Company  Stock  issued or  distributed  before a Public  Offering
pursuant to this Plan.

      (b) Limitations on Issuance or Transfer of Shares.  No Company Stock shall
be issued or transferred in connection with any Grant hereunder unless and until
all legal  requirements  applicable  to the issuance or transfer of such Company
Stock have been complied with to the  satisfaction of the Board. The Board shall
have the right to  condition  any Grant made to any  Grantee  hereunder  on such
Grantee's  undertaking in writing to comply with such restrictions on his or her
subsequent  disposition  of such shares of Company Stock as the Board shall deem
necessary  or  advisable,  and  certificates  representing  such  shares  may be
legended to reflect any such restrictions.  Certificates  representing shares of
Company  Stock  issued or  transferred  under the Plan will be  subject  to such
stop-transfer  orders and other  restrictions  as may be required by  applicable
laws,  regulations and interpretations,  including any requirement that a legend
be placed thereon.

                                       9
<PAGE>

      (c) Lock-Up Period.  If so requested by the Company or any  representative
of  the  underwriters  (the  "Managing  Underwriter")  in  connection  with  any
underwritten  offering of securities of the Company under the  Securities Act of
1933, as amended (the "Securities Act"), an Grantee (including any successors or
assigns) shall not sell or otherwise  transfer any shares or other securities of
the Company during the 30-day period  preceding and the 180-day period following
the effective  date of a  registration  statement of the Company filed under the
Securities Act for such underwritten  offering (or such shorter period as may be
requested by the Managing Underwriter and agreed to by the Company) (the "Market
Standoff  Period").  The  Company  may impose  stop-transfer  instructions  with
respect to  securities  subject to the foregoing  restrictions  until the end of
such Market Standoff Period.

12.   Cancellation and Rescission of Options or Restricted Stock

      (a) Unless the Option Agreement specifies otherwise, the Board may cancel,
rescind, suspend, withhold or otherwise limit or restrict any unexpired,  unpaid
or  deferred  Options or  Restricted  Stock at any time if the Grantee is not in
compliance with all applicable  provisions of the Grant Instrument and the Plan,
or if the Grantee  engages in any  "Detrimental  Activity." For purposes of this
Section, "Detrimental Activity" shall include: (i) the rendering of services for
any organization or engaging  directly or indirectly in any business which is or
becomes competitive with the Company, or which organization or business,  or the
rendering of services to such organization or business,  is or becomes otherwise
prejudicial  to or in  conflict  with the  interests  of the  Company;  (ii) the
disclosure to anyone outside the Company, or the use in other than the Company's
business,   without  prior  written  authorization  from  the  Company,  of  any
confidential  information or material,  in violation of the Company's applicable
agreement  with the  Grantee or of the  Company's  applicable  policy  regarding
confidential information and intellectual property; (iii) the failure or refusal
to disclose  promptly  and to assign to the Company,  pursuant to the  Company's
applicable  agreement  with the Grantee or to the  Company's  applicable  policy
regarding  confidential  information and intellectual property, all right, title
and interest in any  invention or idea,  patentable or not, made or conceived by
the Grantee  during  employment  by the  Company,  relating in any manner to the
actual or anticipated business,  research or development work of the Company, or
the failure or refusal to do anything reasonably necessary to enable the Company
to  secure  a  patent  where  appropriate  in the  United  States  and in  other
countries; (iv) activity that results in termination of the Grantee's employment
for cause; (v) a violation of any rules,  policies,  procedures or guidelines of
the  Company,  including  (but not limited to) the  Company's  business  conduct
guidelines;  (vi) any attempt (directly or indirectly) to induce any employee of
the  Company  to be  employed  or  perform  services  elsewhere  or any  attempt
(directly  or  indirectly)  to solicit  the trade or  business of any current or
prospective  customer,  supplier or partner of the Company;  (vii) the Grantee's
being convicted of, or entering a guilty plea with respect to, a crime,  whether
or not connected with the Company; or (viii) any other conduct or act determined
to be injurious, detrimental or prejudicial to any interest of the Company.

      (b) Upon exercise,  payment or delivery  pursuant to a Grant,  the Grantee
shall  certify  in a  manner  acceptable  to the  Company  that  he or she is in
compliance  with the terms and  conditions  of the Plan. In the event an Grantee
fails to comply with the provisions of paragraphs  (a)(i)-(viii) of this Section
prior to, or during the six months  after,  any  exercise,  payment or  delivery
pursuant to a Grant, such exercise,  payment or delivery may be rescinded within
two years thereafter. In the event of any such rescission, the Grantee shall pay
to the Company the amount of any gain  realized or payment  received as a result
of the rescinded exercise, payment or delivery, in such manner and on such terms
and conditions as may be required,  and the Company shall be entitled to set-off
against  the  amount  of any such gain any  amount  owed to the  Grantee  by the
Company.

                                       10
<PAGE>

      (c) The  Board,  in its  sole  discretion,  may  grant to an  Grantee,  in
exchange for the surrender and cancellation of a Grant previously granted to the
Grantee,  a new Grant in the same or different form and  containing  such terms,
including  without  limitation  a price  that is higher or lower  than any price
provided in the award so surrendered or cancelled.

13.   Amendment and Termination of the Plan

      (a)  Amendment.  The  Board  may  amend  the Plan at any  time;  provided,
however, that the Board shall not amend the Plan without stockholder approval if
such approval is required in order to comply with the Code or  applicable  laws,
or to comply with applicable stock exchange requirements.

      (b)  Termination  of Plan.  No Incentive  Stock Option may be granted more
than ten years from the Plan's effective date. The Plan may be terminated by the
Board at any time.

      (c)  Termination  and Amendment of  Outstanding  Grants.  A termination or
amendment  of the Plan that occurs  after an Grant is made shall not  materially
impair the rights of an Grantee unless the Grantee  consents or unless the Board
acts under Section 20(b). The termination of the Plan shall not impair the power
and authority of the Board with respect to an outstanding Grant.  Whether or not
the Plan has terminated, an outstanding Grant may be terminated or amended under
Section  20(b) or may be amended by  agreement  of the  Company  and the Grantee
consistent with the Plan.

      (d) Governing  Document.  The Plan shall be the controlling  document.  No
other statements,  representations,  explanatory materials or examples,  oral or
written,  may amend the Plan in any manner.  The Plan shall be binding  upon and
enforceable against the Company and its successors and assigns.

14.   Funding of the Plan

      This  Plan  shall be  unfunded.  The  Company  shall  not be  required  to
establish  any  special or  separate  fund or to make any other  segregation  of
assets to assure the payment of any Options  under this Plan.  In no event shall
interest  be paid or accrued on any Option,  including  unpaid  installments  of
Grants.

15.   Rights of Participants

      Nothing in this Plan shall entitle any Employee, Key Advisor, Non-Employee
Director or other  person to any claim or right to be granted a Grant under this
Plan.  Neither  this Plan nor any action taken  hereunder  shall be construed as
giving  any  individual  any  rights to be  retained  by or in the employ of the
Company or any other employment rights.

                                       11
<PAGE>

16.   No Fractional Shares

      No  fractional  shares of  Company  Stock  shall be  issued  or  delivered
pursuant to the Plan or any Grant. The Board shall determine whether cash, other
awards or other  property  shall be  issued  or paid in lieu of such  fractional
shares  or  whether  such  fractional  shares  or any  rights  thereto  shall be
forfeited or otherwise eliminated.

17.   Headings

      Section  headings  are for  reference  only.  In the  event of a  conflict
between a title and the content of a Section,  the content of the Section  shall
control.

18.   Effective Date of the Plan

      (a) Effective Date. The Plan shall be effective on January 30. 2006.

19.   Miscellaneous

      (a)  Grants in  Connection  with  Corporate  Transactions  and  Otherwise.
Nothing  contained in this Plan shall be construed to (i) limit the right of the
Board to make Grants  under this Plan in  connection  with the  acquisition,  by
purchase,  lease, merger,  consolidation or otherwise, of the business or assets
of any corporation,  firm or association,  including Grants to employees thereof
who become Employees of the Company, or for other proper corporate purposes,  or
(ii) limit the right of the Company to grant stock  options or make other awards
outside of this Plan.  Without  limiting  the  foregoing,  the Board may make an
Option to an employee of another  corporation  who becomes an Employee by reason
of  a  corporate  merger,  consolidation,  acquisition  of  stock  or  property,
reorganization  or liquidation  involving the Company or any of its subsidiaries
in  substitution  for a  stock  option  or  stock  awards  grant  made  by  such
corporation. The terms and conditions of the substitute Grants may vary from the
terms and  conditions  required  by the Plan and from  those of the  substituted
stock  incentives.  The Board shall  prescribe the  provisions of the substitute
grants.

      (b)  Compliance  with  Law.  The Plan,  the  exercise  of  Grants  and the
obligations  of the Company to issue or transfer  shares of Company  Stock under
Grants  shall  be  subject  to  all  applicable  laws  and to  approvals  by any
governmental  or regulatory  agency as may be required.  With respect to persons
subject to Section 16 of the Exchange  Act, it is the intent of the Company that
all  transactions  under the Plan comply with all applicable  provisions of Rule
16b-3 or its successors under the Exchange Act. In addition, it is the intent of
the Company that the Plan and  applicable  Grants under the Plan comply with the
applicable provisions of Sections 162(m) and 422 of the Code. To the extent that
any legal requirement of Section 16 of the Exchange Act or Section 162(m) or 422
of the Code as set forth in the Plan ceases to be required  under  Section 16 of
the Exchange Act or Section 162(m) or 422 of the Code, that Plan provision shall
cease to apply.  The  Board may  revoke  any Grant if it is  contrary  to law or
modify  an Grant  to bring it into  compliance  with  any  valid  and  mandatory
government regulation.  The Board may also adopt rules regarding the withholding
of taxes on payments to Grantees.  The Board may, in its sole discretion,  agree
to limit its authority under this Section.

                                       12
<PAGE>

      (c) Governing Law. The validity,  construction,  interpretation and effect
of the Plan and Grant  Instruments  issued  under the Plan shall be governed and
construed  by and  determined  in  accordance  with  the  laws of the  state  of
Delaware, without giving effect to the conflict of laws provisions thereof.

                                       13Exhibit
      10.1

    

    EMPLOYMENT
      AGREEMENT

    

    EMPLOYMENT
      AGREEMENT
      (the
      "Agreement") dated January 30, 2006 and effective as of the 1st
      day of
      December, 2005 between YTB
      INTERNATIONAL, INC., a
      Delaware corporation (the
      "Corporation"), with principal executive offices located at 560 Sylvan Avenue,
      Englewood Cliffs, NJ 07632; and John D. Clagg, residing at c/o the Corporation
      at One Country Club View Drive, Edwardsville, IL 62025 (the
      "Executive").

    

    W
      I T N E S E T H:

    

    WHEREAS,
      the
      Corporation desires to employ Executive as Chief Financial Officer of the
      Corporation to engage in such activities and to render such services under
      the
      terms and conditions hereof and has authorized and approved the execution of
      this Agreement; and

    

    WHEREAS,
      Executive desires to be employed by the Corporation under the terms and
      conditions hereinafter provided;

    

    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants and undertakings herein contained, the
      parties agree as follows:

    

    1. Employment,
      Duties and Acceptance.

    

    1.1 Services.
      The
      Corporation hereby employs Executive, for the Term (as hereinafter defined
      in
      Section 2 hereof), to render services to the business and affairs of the
      Corporation in the office referenced in the recitals hereof and, in connection
      therewith, shall perform such duties as directed by the Board of Directors
      of
      the Corporation from time to time, in its reasonable discretion, and shall
      perform such other duties as shall be consistent with the responsibilities
      of
      such office (collectively the "Services"). Executive shall perform activities
      related to such office as he shall reasonably be directed or requested to so
      perform by the Chief Executive Officer to whom he shall report. Executive shall
      use his best efforts, skill and abilities to promote the interests of the
      Corporation and its subsidiaries. 

    

    1.2 Acceptance.
      Executive hereby accepts such employment and agrees to render the Services.
      Executive shall not engage in any other business activity or serve in any
      industry, trade, professional, governmental or academic position during the
      term
      of this Agreement, except as may be expressly approved in advance by the Board
      in writing.

    

    1.3 Representations
      of the Executive.
      The
      Executive represents and warrants to the Corporation that his execution and
      delivery of this Agreement, his performance of the Services hereunder and the
      observance of his other obligations contemplated hereby will not (i) violate
      any
      provisions of or require the consent or approval of any party to any agreement,
      letter of intent or other document to which he is a party or (ii) violate or
      conflict with any arbitration award, judgment or decree or other restriction
      of
      any kind to or by which he is subject or bound.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    2. Term
      of Employment. 

     

    The
      term
      of Executive's employment under this Agreement (the "Term") shall commence
      on
      December 1, 2005 (the "Commencement Date") and shall terminate on December
      31,
      2009 unless sooner terminated pursuant to Sections 8 or 4.1 of this Agreement;
      provided,
      however,
      if the
      Corporation shall fail to give Executive notice of non-renewal not less than
      120
      days prior to the scheduled expiration of the Term hereof, the Term shall
      automatically be extended for an additional three (3) year period.
      Notwithstanding anything to the contrary contained herein, the provisions of
      this Agreement governing Protection of Confidential Information shall continue
      in effect as specified in Section 9 hereof.

    

    3. Base
      Salary and Expense Reimbursement.

    

    3.1 Base
      Salary.
      During
      the Term, as full compensation for the Services, the Corporation agrees to
      pay
      Executive a minimum base salary ("Base Salary") at the annual rate of $150,000
      for the period from December 1, 2005 to December 31, 2006, increasing annually
      thereafter in an amount equal to $30,000 ("Salary Increments"). In the event
      the
      Corporation is unable to pay a Salary Increment, the Board of Directors of
      the
      Corporation may elect to defer such payment. In the event of deferment, the
      Salary Increment shall continue to be accrued until such time as the Corporation
      is financially able to make such payments. Base Salary is subject to withholding
      and other applicable taxes, payable during the term of this Agreement in
      accordance with the Corporation's customary payment practices, but not less
      frequently than monthly.

    

    3.2 Business
      Expense Reimbursement.
      Upon
      submission to, and approval by an officer of the Corporation designated by
      the
      Board of Directors of the Corporation, of a statement of expenses, reports,
      vouchers or other supporting information, which approval shall be granted or
      withheld based on the Corporation's policies in effect at such time, the
      Corporation shall promptly reimburse Executive for all reasonable business
      expenses actually incurred or paid by him during the Term or renewals thereof
      in
      the performance of the Services, including, but not limited to, expenses for
      entertainment, travel and similar items.

     

    4. Severance.

    

    4.1 Termination
      Without Cause.
      In the
      event that Executive's employment hereunder shall be terminated by the
      Corporation without Cause (as defined in Section 8.3 hereof) at any time prior
      to the end of the Term, the Executive shall be entitled to receive from the
      Corporation, in addition to any Base Salary and bonus earned to the date of
      termination, a severance payment in an amount equal to the Executive's Base
      Salary for the preceding two fiscal year of the Corporation and shall be paid
      in
      biweekly increments during the two (2) years following such termination. In
      the
      event of such termination, the amounts due hereunder shall be payable without
      offset or defense or any obligation of the Executive to mitigate damages.

    

    5. Additional
      Benefits.

    

    5.1 In
      General.
      In
      addition to the compensation, bonuses, expenses and other benefits to be paid
      under Sections 3, 4 and 5 hereof, Executive will be entitled to all rights
      and
      benefits for which he shall be eligible under any insurance, health and medical,
      incentive, bonus, profit-sharing, pension
      or other extra compensation or "fringe" benefit plan of the Corporation or
      any
      of its subsidiaries now existing or hereafter adopted for the benefit of the
      executives or employees generally of the Corporation. The provisions of this
      Agreement which incorporate employee benefit packages shall change as and when
      such employee benefit packages change. 

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

     

    5.2 Benefits
      Upon Death or Disability.
      In the
      event the Executive’s employment terminates due to the death of the Executive or
      the Executive becomes disabled (as defined in Section 8.2), the Executive’s
      estate shall receive a one time grant of the Company’s common stock, $.001 par
      value per share (“Common Stock”), within fifteen (15) days of the termination of
      the Executive’s employment, for such number of shares as calculated as
      follows:

     

    z
      =
      y/x;

    z
      =
      number of shares of Common Stock to be received by the Executive’s
      estate.

    y
      = then
      current Base Salary.

    
      	 	
              x
                =
                the closing trading price of the Common Stock on the date of termination
                of Executive’s employment due to death or disability of the Executive as
                reported on the OTCBB or similar public market or in the event there
                is no
                public market for the Common Stock, it shall be the fair market value
                of
                the Common Stock as determined by an independent valuation expert
                who has
                experience in valuing companies in the same industry as the
                Corporation.

            

    

    

    The
      equity compensation plan contemplated by this provision is subject to
      stockholder approval.

    

    6. Vacation.

    

    The
      Executive shall be entitled each year during the Term of this Agreement to
      a
      vacation period of such number of weeks as shall be determined by the Board
      of
      Directors prior to the January 1, 2005, during which all salary, compensation,
      benefits and other rights to which the Executive is entitled to hereunder shall
      be provided in full. Such vacation may be taken in the Executive's discretion,
      and such time or times as are not inconsistent with the reasonable business
      needs of the Corporation.

    

    7. Insurability;
      Right to Insure.
      Executive represents and warrants to the Corporation that on the date hereof
      he
      is, and upon the commencement of the Term he will be, insurable at standard
      premium rates. Executive agrees that the Corporation shall have the right during
      the Term to insure the life of Executive by a policy or policies of insurance
      in
      such amount or amounts as it may deem necessary or desirable, and the
      Corporation shall be the beneficiary of any such policy or policies and shall
      pay the premiums or other costs thereof. The Corporation shall have the right,
      from time to time, to modify any such policy or policies of insurance or to
      take
      out new insurance on the life of Executive. Executive agrees, upon request,
      at
      any time or times prior to the commencement of or during the Term to sign and
      deliver any and all documents and to submit to any physical or other reasonable
      examinations which may be required in connection with any such policy or
      policies of insurance or modifications thereof.

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    

    8. Termination.

    

    8.1 Death.
      If
      Executive dies during the Term of this Agreement, Executive's employment
      hereunder shall terminate upon his death and all obligations of the Corporation
      hereunder shall terminate on such date, except that Executive's estate or his
      designated beneficiary shall be entitled to: (i) the issuance of the securities
      set forth in Section 5.2 and (ii) payment of any unpaid accrued Base Salary
      through the date of his death. In addition, any accrued and unpaid Bonus shall
      be paid in accordance with Section 4 hereof.

    

    8.2 Disability.
      Subject
      to the provisions of Section 5.1, if Executive shall be unable to perform a
      significant part of his duties and responsibilities in connection with the
      conduct of the business and affairs of the Corporation and such inability lasts
      for (i) a period of at least one hundred twenty (120) consecutive days, or
      (ii)
      periods aggregating at least one hundred eighty (180) days during any three
      hundred sixty five (365) consecutive days, by reason of Executive's physical
      or
      mental disability, whether by reason of injury, illness or similar cause,
      Executive shall be deemed disabled, and the Corporation any time thereafter
      may
      terminate Executive's employment hereunder by reason of the disability. Upon
      delivery to Executive of such notice, all obligations of the Corporation
      hereunder shall terminate, except that Executive shall be entitled to: (a)
      the
      issuance of the securities set forth in Section 6.2 and (b) the payment of
      any
      unpaid accrued Base Salary through the date of termination. In addition, any
      accrued and unpaid Bonus shall be paid in accordance with Section 4 hereof.
      The
      obligations of Executive under Section 9 hereof shall continue notwithstanding
      termination of Executive's employment pursuant to this Section
      8.2.

     

    8.3 Termination
      for Cause.
      The
      Corporation may at any time during the Term, without any prior notice, terminate
      this Agreement and discharge Executive for Cause, whereupon the Corporation's
      obligation to pay compensation or other amounts payable hereunder to or for
      the
      benefit of Executive shall terminate on the date of such discharge. As used
      herein the term "Cause" shall mean: (i) a willful and material breach by
      Executive of the terms of this Agreement, (ii) willful violation of specific
      and
      lawful written direction from the Board of Directors of the Corporation;
      provided such direction is not inconsistent with the Executive's duties and
      responsibilities the Executive is holding at the time of the directive; (iii)
      fraud, embezzlement or other material dishonesty by the Executive with respect
      to the Corporation or any of its Affiliates; (iv) conviction of the Executive
      of
      a felony by a federal or state court of competent jurisdiction; (v) Executive's
      willful failure to perform (other than by reason of disability), or gross
      negligence in the performance of the Services; or (vi) ;Executive’s excessive
      absenteeism, alcoholism or drug abuse. The obligations of the Executive under
      Section 9 shall continue notwithstanding termination of the Executive's
      employment pursuant to this Section 8.3. 

     

    8.4 Termination
      Without Cause.
      The
      Corporation shall have the option to terminate this Agreement without Cause
      upon
      ninety (90) days written notice to the Executive. In the event the Corporation
      terminates this Agreement without Cause as defined above, the Corporation shall
      pay the Executive upon termination, the amount required pursuant to Section
      4.1.
      The obligations of the Executive under Section 9 hereof shall continue
      notwithstanding termination of the Executive's employment pursuant to this
      Section 8.4.

     

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    

    8.5 Post
      Agreement Employment.
      In the
      event Executive remains in the employ of the Corporation following termination
      of this Agreement, by the expiration of the Term or otherwise, then such
      employment shall be at will.

     

    9. Protection
      of Confidential Information; Intellectual Property.

    

    In
      view
      of the fact that Executive's work for the Corporation will bring him into close
      contact with confidential information and plans for future developments,
      Executive agrees to the following:

    

    9.1 Secrecy.
      To keep
      secret and retain in the strictest confidence all confidential matters of the
      Corporation, including, without limitation, trade "know how" and trade secrets,
      customer lists, pricing policies, marketing plans, technical processes,
      formulae, inventions and research projects, and other business affairs of the
      Corporation, learned by him heretofore or hereafter, and not to disclose them
      to
      anyone inside or outside of the Corporation, except in the course of performing
      the Services hereunder or with the express written consent of the Chief
      Executive Officer or Board of Directors of the Corporation and except to the
      extent such information is already known to the general public.

    

    9.2 Return
      Memoranda, etc.
      To
      deliver promptly to the Corporation on termination of his employment, or at
      any
      other time as the Chief Executive Officer or the Board of Directors of the
      Corporation may so request, all memoranda, notes, records, reports, manuals,
      drawings, blueprints and other documents (and all copies thereof) relating
      to
      the Corporation's business and all property associated therewith, which he
      may
      then possess or have under his control.

    

    9.3 Covenants.

    

    9.3.1 Non-competition.
      Executive agrees that at all times while he is employed by the Corporation
      and,
      regardless of the reason for termination of his employment or this Agreement,
      for a period of two (2) years thereafter, he will not, as a principal, agent,
      employee, employer, consultant, stockholder, investor, director or co-partner
      of
      any person, firm, corporation or business entity other than the Corporation,
      or
      in any individual or representative capacity whatsoever, directly or indirectly,
      without the express prior written consent of the Corporation:

    

    (i) engage
      or
      participate in any business whose products or services are competitive with
      that
      of the Corporation, which business is the sale of travel and sale support
      services to the travel industry, and which conducts or solicits business, or
      transacts with supplier or customers located within the United States or Puerto
      Rico;

    

    (ii) aid
      or
      counsel any other person, firm, corporation or business entity to do any of
      the
      above;

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

    

    (iii) become
      employed by a firm, corporation, partnership or joint venture which competes
      with the business of the Corporation within the United States or Puerto Rico;
      or

    

    (iv) approach,
      solicit business from, or otherwise do business or deal with any customer of
      the
      Corporation in connection with any product or service competitive to any
      provided by the Corporation. 

    

    9.3.2 Anti-Raiding.
      Executive agrees that during the term of his employment hereunder, and,
      thereafter for a period of two (2) years, he will not, as a principal, agent,
      employee, employer, consultant, director or partner of any person, firm,
      corporation or business entity other than the Corporation, or in any individual
      or representative capacity whatsoever, directly or indirectly, without the
      prior
      express written consent of the Corporation approach, counsel or attempt to
      induce any person who is then in the employ of the Corporation to leave the
      employ of the Corporation or employ or attempt to employ any such person or
      persons who at any time during the preceding six months was in the employ of
      the
      Corporation.

    

    9.3.3 Executive's
      Acknowledgements.
      Executive acknowledges (i) that his position with the Corporation requires
      the
      performance of services which are special, unique, and extraordinary in
      character and places him in a position of confidence and trust with the
      customers and employees of the Corporation, through which, among other things,
      he shall obtain knowledge of the Corporation's "technical information" and
      "know-how" and become acquainted with its customers, in which matters the
      Corporation has substantial proprietary interests; (ii) that the restrictive
      covenants set forth above are necessary in order to protect and maintain such
      proprietary interests and the other legitimate business interests of the
      Corporation; and (iii) that the Corporation would not have entered into this
      Agreement unless such covenants were included herein. Executive also
      acknowledges that the business of the Corporation presently will extend
      throughout the United States and Puerto Rico, and that he will personally
      supervise and engage in such business on behalf of Corporation and, accordingly,
      it is reasonable that the restrictive covenants set forth above are not more
      limited as to geographic area then is set forth therein. Executive also
      represents to the Corporation that the enforcement of such covenants will not
      prevent Executive from earning a livelihood or impose an undue hardship on
      the
      Executive.

    

    9.3.4 Assignment
      of Rights to Intellectual Property.
      Executive shall promptly and fully disclose all Intellectual Property to the
      Corporation. Executive hereby assigns and agrees to assign to the Corporation
      (or as otherwise directed by the Corporation) Executive's full right, title
      and
      interest in and to all Intellectual Property. Executive agrees to execute any
      and all applications for domestic and foreign patents, copyrights or other
      proprietary rights and to do such other acts (including without limitation
      the
      execution and delivery of instruments of further assurance or confirmation)
      requested by the Corporation to assign the Intellectual Property to the
      Corporation and to permit the Corporation to enforce any patents, copyrights
      or
      other proprietary rights to the Intellectual Property. Executive will not charge
      the Corporation for time spent, although the Corporation will reimburse
      Executive for any expenses Executive reasonably incurs, in complying with these
      obligations. All copyrightable works that Executive creates shall be considered
      "work made for hire". "Intellectual Property" means inventions, discoveries,
      developments, methods, processes, compositions, works, concepts and ideas
      (whether or not patentable or copyrightable or constituting trade secrets)
      conceived, made, created, developed or reduced to practice by Executive (whether
      alone or with others, whether or not during normal business hours or on or
      off
      Corporation premises) during Executive's employment that relate to either the
      Products or any prospective activity of the Corporation under active
      consideration. “Products” means all products planned, researched, developed,
      tested, manufactured, sold, licensed, leased or otherwise distributed or put
      into use by the Corporation or any of its Affiliates, together with all services
      provided or planned by the Corporation, during Executive's
      employment.

     

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

    

    9.4 Severability.
      If any
      of the provisions of this Section 9, or any part thereof, is hereinafter
      construed to be invalid or unenforceable, the same shall not affect the
      remainder of such provision or provisions, which shall be given full effect,
      without regard to the invalid portions. If any of the provisions of this Section
      9, or any part thereof, is held to be unenforceable because of the duration
      of
      such provision, the area covered thereby or the type of conduct restricted
      therein, the parties agree that the court making such determination shall have
      the power to modify the duration, geographic area and/or other terms of such
      provision and, as so modified, said provision(s) shall then be enforceable.
      In
      the event that the courts of any one or more jurisdictions shall hold such
      provisions wholly or partially unenforceable by reason of the scope thereof
      or
      otherwise, it is the intention of the parties hereto that such determination
      not
      bar or in any way affect the Corporation's right to the relief provided for
      herein in the courts of any other jurisdictions as to breaches or threatened
      breaches of such provisions in such other jurisdictions, the above provisions
      as
      they relate to each jurisdiction being, for this purpose, severable into diverse
      and independent covenants.

    

    9.5 Injunctive
      Relief.
      Executive acknowledges and agrees that, because of the unique and extraordinary
      nature of his services, any breach or threatened breach of the provisions of
      Sections 9.1, 9.2, or 9.3 hereof will cause irreparable injury and incalculable
      harm to the Corporation, and the Corporation shall, accordingly, be entitled
      to
      injunctive and other equitable relief for such breach or threatened breach
      and
      that resort by the Corporation to such injunctive or other equitable relief
      shall not be deemed to waive or to limit in any respect any right or remedy
      which the Corporation may have with respect to such breach or threatened breach.
      The Corporation and Executive agree that any such action for injunctive or
      equitable relief shall be heard in a state or federal court situate in New
      Jersey and each of the parties hereto, hereby agrees to accept service of
      process by registered mail and to otherwise consent to the jurisdiction of
      such
      courts.

    

    9.6 Expenses
      of Enforcement of Covenants.
      In the
      event that any action, suit or proceeding at law or in equity is brought to
      enforce the covenants contained in Sections 9.1, 9.2, or 9.3 hereof or to obtain
      money damages for the breach thereof, the party prevailing in any such action,
      suit or other proceeding shall be entitled upon demand, to reimbursement from
      the other party for all expenses (including, without limitation, reasonable
      attorneys' fees and disbursements) incurred in connection
      therewith.

    

    9.7 Separate
      Agreement.
      The
      provisions of this Section 9 shall be construed as an agreement on the part
      of
      the Executive independent of any other part of this Agreement or any other
      agreement, and the existence of any claim or cause of action of the Executive
      against the Corporation, whether predicated on this Agreement or otherwise,
      shall not constitute a defense to the enforcement by the Corporation of the
      provisions of this Section 9.

     

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    

    10. Indemnification.

    

    The
      Corporation shall provide the Executive (including his heirs, executors and
      administrators) with coverage under a standard directors and officer’s liability
      insurance policy at the Corporation's expense to the same extent as provided
      for
      any other director, officer or trustee of the Corporation. In addition, the
      Corporation shall indemnify the Executive (and his heirs, executors and
      administrators) to the fullest extent permitted under the law of its state
      of
      incorporation against all expenses and liabilities reasonably incurred by him
      in
      connection with or arising out of any action, suit or proceeding in which the
      Executive may be involved by reason of his having been a director or officer
      of
      the Corporation or any subsidiary thereof. Such expenses and liabilities shall
      include, but not be limited to, judgments, court costs and attorneys' fees
      and
      the cost of reasonable settlements, such settlements to be approved by the
      Board
      if such action is brought against the Executive in his capacity as a director
      or
      officer of the Corporation or any subsidiary thereof. The Corporation shall,
      upon the request of the Executive, advance to the Executive such amounts as
      necessary to cover expenses, including without limitation legal fees and
      expenses, incurred by the Executive in connection with any suit or proceeding
      in
      which the Executive may be involved by reason of his being or having been a
      director or officer of the Corporation or of any subsidiary thereof. Such
      indemnity and advance of expenses, however, shall not extend to matters as
      to
      which the Executive is finally adjudged to be liable for willful misconduct
      in
      the performance of his duties.

    

    11. Arbitration.

    

    Except
      with respect to any proceeding brought under Section 9 hereof, any controversy,
      claim, or dispute between the parties, directly or indirectly, concerning this
      Employment Agreement or the breach hereof, or the subject matter hereof,
      including questions concerning the scope and applicability of this arbitration
      clause, shall be finally settled by arbitration in Essex County, New Jersey
      pursuant to the rules then applying of the American Arbitration Association.
      The
      arbitrators shall consist of one representative selected by the Corporation,
      one
      representative selected by the Executive and one representative selected by
      the
      first two arbitrators. The parties agree to expedite the arbitration proceeding
      in every way, so that the arbitration proceeding shall be commenced within
      thirty (30) days after request therefore is made, and shall continue thereafter,
      without interruption, and that the decision of the arbitrators shall be handed
      down within thirty (30) days after the hearings in the arbitration proceedings
      are closed. The arbitrators shall have the right and authority to assess the
      cost of the arbitration proceedings and to determine how their decision or
      determination as to each issue or matter in dispute may be implemented or
      enforced. The decision in writing of any two of the arbitrators shall be binding
      and conclusive on all of the parties to this Agreement. Should either the
      Corporation or the Executive fail to appoint an arbitrator as required by this
      Section 11 within thirty (30) days after receiving written notice from the
      other
      party to do so, the arbitrator appointed by the other party shall act for all
      of
      the parties and his decision in writing shall be binding and conclusive on
      all
      of the parties to this Employment Agreement. Any decision or award of the
      arbitrators shall be final and conclusive on the parties to this Agreement;
      judgment upon such decision or award may be entered in any competent Federal
      or
      state court located in the United States of America; and the application may
      be
      made to such court for confirmation of such decision or award for any order
      of
      enforcement and for any other legal remedies that may be necessary to effectuate
      such decision or award.

     

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

    

    12. Notices.

    

    All
      notices, requests, consents and other communications required or permitted
      to be
      given hereunder, shall be in writing and shall be deemed to have been duly
      given
      if delivered personally or sent by prepaid telegram, telecopy or mailed first
      class, postage prepaid, by registered or certified mail (notices sent by
      telegram or mailed shall be deemed to have been given on the date sent), to
      the
      parties at their respective addresses hereinabove set forth or to such other
      address as either party shall designate by notice in writing to the other in
      accordance herewith.

    

    13. General.

    

    13.1 Governing
      Law.
      This
      Agreement shall be governed by and construed and enforced in accordance with
      the
      local laws of the State of New Jersey.

    

    13.2 Captions.
      The
      section headings contained herein are for reference purposes only and shall
      not
      in any way affect the meaning or interpretation of this Agreement.

    

    13.3 Entire
      Agreement.
      This
      Agreement sets forth the entire agreement and understanding of the parties
      relating to the subject matter hereof, and supersedes all prior agreements,
      arrangements and understandings, written or oral, relating to the subject matter
      hereof. No representation, promise or inducement has been made by either party
      that is not embodied in this Agreement, and neither party shall be bound by
      or
      liable for any alleged representation, promise or inducement not so set
      forth.

    

    13.4 Severability.
      If any
      of the provisions of this Agreement shall be unlawful, void, or for any reason,
      unenforceable, such provision shall be deemed severable from, and shall in
      no
      way affect the validity or enforceability of, the remaining portions of this
      Agreement.

    

    13.5 Waiver.
      The
      waiver by any party hereto of a breach of any provision of this Agreement by
      any
      other party shall not operate or be construed as a waiver of any subsequent
      breach of the same provision or any other provision hereof.

    

    13.6 Counterparts.
      This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original, but all of which taken together shall constitute one and
      the
      same Agreement.

    

    13.7 Assignability.
      This
      Agreement, and Executive's rights and obligations hereunder, may not be assigned
      by Executive. The Corporation may assign its rights, together with its
      obligations, hereunder in connection with any sale, transfer or other
      disposition of all or substantially all of its business or assets; in any event
      the rights and obligations of the Corporation hereunder shall be binding on
      its
      successors or assigns, whether by merger, consolidation or acquisition of all
      or
      substantially all of its business or assets. This Agreement shall inure to
      the
      benefit of, and be binding upon, the Executive and his executors,
      administrators, heirs and legal representatives.

     

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

    

    

    13.8 Amendment.
      This
      Agreement may be amended, modified, superseded, cancelled, renewed or extended
      and the terms or covenants hereof may be waived, only by a written instrument
      executed by both of the parties hereto, or in the case of a waiver, by the
      party
      waiving compliance. No superseding instrument, amendment, modification,
      cancellation, renewal or extension hereof shall require the consent or approval
      of any person other than the parties hereto. The failure of either party at
      any
      time or times to require performance of any provision hereof shall in no matter
      affect the right at a later time to enforce the same. No waiver by either party
      of the breach of any term or covenant contained in this Agreement, whether
      by
      conduct or otherwise, in any one or more instances, shall be deemed to be,
      or
      construed as, a further or continuing waiver of any such breach, or a waiver
      of
      the breach of any other term or covenant contained in this
      Agreement.

    

    

    IN
      WITNESS WHEREOF,
      the
      parties have executed this Agreement as of the date first above
      written.

    

     

      
        	
                ATTEST:

              	
                YTB
                  INTERNATIONAL, INC.

              
	 	 
	 	 
	
                By: ________________________

              	
                By: ______________________________

              
	
                Name:
                  

              	 
	
                Title:

              	 
	 	 
	 	 
	
                WITNESS:

              	 
	 	 
	 	 
	
                ______________________________

              	
                ______________________________

              
	 	
                John
                  D. Clagg, individually

              

      

    

     

     

    
      
         

      

      
        -10-

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