Document:

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                                                                   Exhibit 10(i)

                         INVESTOR SUBSCRIPTION AGREEMENT
                                       FOR
                             FANZ ENTERPRISES, INC.

         Persons interested in purchasing shares ("Shares") of Common Stock of
FanZ Enterprises, Inc. (the "Company") must:

         1.       FULLY complete and sign the attached page to this Subscription
                  Agreement (this "Agreement");

                     NOTE: PLEASE COMPLETE THE ENTIRE FORM. INCOMPLETE
                              FORMS WILL BE RETURNED TO YOU.

         2.       Include a check made payable to "FIRSTAR BANK, N.A., ESCROW
                  ACCOUNT FOR FANZ ENTERPRISES, INC." (Please note the minimum
                  amount of $250.00.)

         3.       Send this completed and signed AGREEMENT AND CHECK to:

                             FanZ Enterprises, Inc.
                             5419 Cayman Drive
                             Carmel, IN  46033

         If and when accepted by the Company, this Agreement shall constitute a
subscription for Shares of Common Stock, $.01 par value per share, of the
Company. THE MINIMUM INVESTMENT IS $250.00 (25 SHARES).

         The Company reserves the right to reject in its entirety any
subscription that is tendered or to allocate to any prospective purchaser a
smaller number of Shares than the prospective purchaser has subscribed to
purchase. In such event, the Company will return to you this Agreement, your
payment (or a pro rata portion of your payment, if subscription is rejected only
in part), with interest if your check or funds are deposited in our Escrow
Account.

         An accepted copy of this Agreement will be returned to you as your
receipt, and a stock certificate will be issued to you shortly thereafter.

                         PLEASE COMPLETE AND RETURN THE
                         ATTACHED PAGE WITH YOUR CHECK

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                         INVESTOR SUBSCRIPTION AGREEMENT
                                       FOR
                              FANZ ENTERPRISES, INC

         I/we hereby irrevocably tender this Agreement for the purchase of
_________ Shares (25 SHARES MINIMUM) at $10.00 per Share. With the Agreement,
I/we tender payment in the amount of $_______ ($10.00 per Share; $250.00 MINIMUM
INVESTMENT) for the Shares subscribed.

         In connection with this investment in the Company, I/we represent and
warrant as follows:

         a.       Prior to tendering payment for the Shares, I/we received and
                  reviewed the Company's Offering Circular dated
                  __________________ 2001, and have relied on no other
                  information or materials in reaching my/our investment
                  decision.

         b.       I am/we are bona fide resident(s) of ____________________
                                                       (State)
                                                       _____________________
                                                       (Country)

Please register the ownership of Shares which I am/we are purchasing as follows:

Name:_____________________________________________________

Form/Type of Ownership (MUST check one):

         ___    Individual                      ___  Tenants-in-Common
         ___    Existing Partnership            ___  Joint Tenants
         ___    Corporation                     ___  Trust
         ___    Minor with adult custodian
                under the Uniform Gift
                To Minors Act

For the person(s) who will be registered shareholder(s) (MUST FULLY COMPLETE):

Name:_________________________________________  Telephone:_____________________

Street Address:_______________________________  Social Security or
                                                Taxpayer ID No.:_______________

City:______________  State:_______  Zip:________  Date of Birth:_______________

Signature:______________________________________  Date:________________________

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ACCEPTED BY:  FANZ ENTERPRISES, INC.

By:_____________________________________________   Date:_______________________

Its:____________________________________________<PAGE>   1
                                                                  Exhibit 10(ii)

                             2001 STOCK OPTION PLAN

                                       OF

                             FANZ ENTERPRISES, INC.

         1. PURPOSE OF THE PLAN. This 2001 Stock Option Plan of FanZ
Enterprises, Inc. adopted on this ____ day of _________________, 2001, is
intended to enable officers and other key employees and consultants of the
Company and its Subsidiaries to acquire or increase their ownership of common
stock of the Company on reasonable terms. The opportunity so provided is
intended to foster in participants an incentive to put forth maximum effort for
the continued success and growth of the Company and its Subsidiaries, to aid in
retaining individuals who put forth such efforts, and to assist in attracting
the best available individuals to the Company and its Subsidiaries in the
future.

         2. DEFINITIONS. When used herein, the following terms shall have the
meaning set forth below:

                  2.1 "BOARD" means the Board of Directors of FanZ Enterprises,
         Inc.

                  2.2 "CHANGE IN CONTROL" means a change in control of the
         Company as a result of the occurrence of any of the following events:

                           (a) any person (as such term is used in Sections
                  13(d) and 14(d) of the Exchange Act) other than an Exempt
                  Person (an "Acquiring Person") is or becomes the beneficial
                  owner, directly or indirectly, of Shares of the Company
                  representing more than fifty percent (50%) of the combined
                  voting power of the Company's then outstanding voting
                  securities, other than either in connection with an issuance
                  of Shares or series of related issuances of Shares approved by
                  the Board (which Board must include at least a majority who
                  were Continuing Directors and which transaction or series of
                  related transactions must have been approved by a majority of
                  the Continuing Directors) or as the result of the reduction in
                  the number of issued and outstanding Shares pursuant to a
                  transaction or series of related transactions approved by the
                  Board;

                           (b) there shall cease to be a majority of the Board
                  comprised of Continuing Directors; or

                           (c) (i) the stockholders of the Company approve a
                  merger or consolidation of the Company with any other entity,
                  other than a merger or consolidation which would result in the
                  voting securities of the Company outstanding immediately prior
                  thereto continuing to represent more than fifty percent (50%)
                  of the combined voting power of the voting securities of the
                  Company or such surviving entity outstanding immediately after
                  such merger or consolidation, or (ii) the stockholders of the
                  Company approve a plan of complete liquidation of the Company
                  or an agreement for the sale or disposition by the Company of
                  all or substantially all the Company's assets (other than to a
                  more than fifty percent (50%) subsidiary or other controlled
                  person of the Company).

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                  2.3 "CODE" means the Internal Revenue Code of 1986, as
         amended, as in effect at the time of reference, or any successor
         revenue code which may hereafter be adopted in lieu thereof, and
         reference to any specific provisions of the Code shall refer to the
         corresponding provisions of the Code as it may hereafter be amended or
         replaced.

                  2.4 "COMMITTEE" means the Compensation Committee of the Board
         or any other committee appointed by the Board which is invested by the
         Board with responsibility for the administration of the Plan.

                  2.5 "COMPANY" means FanZ Enterprises, Inc.

                  2.6 "CONTINUING DIRECTOR" means a director of the Company who
         is not an Acquiring Person or an affiliate or associate thereof or any
         of their representatives and who was either a director of the Company
         before any Person became an Acquiring Person or whose nomination or
         election to the Board was recommended or approved by a majority of the
         then Continuing Directors or by an Exempt Person.

                  2.7 "EMPLOYEES" means officers (including officers who are
         members of the Board), and other key employees of the Company or any of
         its Subsidiaries.

                  2.8 "ERISA" means the Employee Retirement Income Security Act
         of 1974, as in effect at the time of reference, or any successor law
         which may hereafter be adopted in lieu thereof, and any reference to
         any specific provisions of ERISA shall refer to the corresponding
         provisions of ERISA as it may hereafter be amended or replaced.

                  2.9 "EXCHANGE ACT" means the Securities Exchange Act of 1934,
         as in effect at the time of reference, or any successor law which may
         hereafter be adopted in lieu thereof, and any reference to any specific
         provisions of the Exchange Act shall refer to the corresponding
         provisions of the Exchange Act as it may hereafter be amended or
         replaced.

                  2.10 "EXEMPT PERSON" means the Company, any Subsidiary
         thereof, any employee benefit plan of the Company or any Subsidiary
         thereof, any entity holding Shares for or pursuant to the terms of any
         such plan, and any stockholder as of the close of business on the date
         the Plan is adopted by the Board or any affiliate of any such
         stockholder.

                  2.11 "FAIR MARKET VALUE" means with respect to the Shares, the
         fair market value determined in good faith by the Committee, in its
         discretion, which determination may, but need not, be based on (i) the
         advice of an independent financial advisor (which may be the Company's
         regular outside auditors) or (ii) the last known price per Share paid
         by a purchaser in an arm's length transaction; provided, however, that
         if there shall be a public market for the Shares, Fair Market Value
         shall mean (i) the closing price of the Shares on the principal stock
         exchange on which Shares are then traded or admitted to trading, on the
         last business day prior to the date on which the value is to be
         determined, (ii) if no sale takes place on such

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         day on any such exchange, the average of the last reported closing bid
         and asked prices on such day as officially quoted on any such exchange,
         or (iii) if the Shares are not then listed or admitted to trading on
         any such exchange, the average of the last reported closing bid and
         asked prices on such day on the over-the-counter market. For purposes
         of (i) above, the National Association of Securities Dealers National
         Market System shall be deemed a principal stock exchange. If there
         shall be a public market for the Shares, and the foregoing references
         are unavailable or inapplicable, then the Fair Market Value shall be
         determined on the basis of the appropriate public market price
         indicator as determined by the Committee, in its sole discretion.
         Notwithstanding the foregoing, with respect to Options granted on, or
         as of, the date of the closing of the Company's initial public offering
         of Shares pursuant to a registration statement under the Securities Act
         of 1933, as amended, which has been filed with, and declared effective
         by, the Securities and Exchange Committee, Fair Market Value means the
         initial price at which Shares are sold in such offering.

                  2.12 "INCENTIVE STOCK OPTION" means an Option intending to
         meet the requirements and containing the limitations and restrictions
         set forth in Section 422 of the Code and designated in the Option
         Agreement as an Incentive Stock Option.

                  2.13 "NON-QUALIFIED STOCK OPTION" means an Option other than
         an Incentive Stock Option.

                   2.14 "OPTION" means the right to purchase the number of
         Shares specified by the Committee, at a price and for a term fixed by
         the Committee, in accordance with the Plan, and subject to such other
         limitations and restrictions as the Plan and the Committee may impose.

                  2.15 "OPTION AGREEMENT" means a written agreement in such form
         as may be, from time to time, hereafter approved by the Committee,
         which shall be duly executed by the Company and the Participant and
         which shall set forth the terms and conditions of an Option under the
         Plan.

                  2.16 "PARENT" means any corporation, other than the employer
         corporation, in an unbroken chain of corporations ending with the
         employer corporation if, at the time of the granting of the Option,
         each of the corporations other than the employer corporation owns stock
         possessing fifty percent (50%) or more of the total combined voting
         power of all classes of stock in one of the other corporations in such
         chain.

                  2.17 "PARTICIPANTS" means Employees and key consultants of the
         Company or any of its Subsidiaries.

                  2.18 "PERSON" means any individual, partnership, corporation,
         trust, limited liability company, or other entity.

                  2.19 "PLAN" means the 2001 Stock Option Plan of FanZ
         Enterprises, Inc.

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                  2.20 "REGULATIONS T" means Part 220, chapter II, title 12 of
         the Code of Federal Regulations, issued by the Board of Governors of
         the Federal Reserve System pursuant to the Exchange Act as amended from
         time to time, or any successor regulation which may hereafter be
         adopted in lieu thereof.

                  2.21 "RULE 16B-3" means Rule 16b-3 of the General Rules and
         Regulations of the Exchange Act, as in effect at the time of reference,
         or any successor rules or regulations which may hereafter be adopted in
         lieu thereof, and any reference to any specific provisions of Rule
         16b-3 shall refer to the corresponding provisions of Rule 16b-3 as it
         may hereafter be amended or replaced.

                  2.22 "SHARES" means shares of the common stock, $.01 par
         value, of the Company or, if by reason of the adjustment provisions
         contained herein, any rights under an Option under the Plan pertain to
         any other security, such other security.

                  2.23 "SUBSIDIARY" OR "SUBSIDIARIES" means any corporation or
         corporations other than the employer corporation in an unbroken chain
         of corporations beginning with the employer corporation if each of the
         corporations other than the last corporation in the unbroken chain owns
         stock possessing fifty percent (50%) or more of the total combined
         voting power of all classes of stock in one of the other corporations
         in such chain.

                  2.24 "SUCCESSOR" means (i) the legal representative of the
         estate of a deceased Participant, (ii) the person or persons who shall
         acquire the right to exercise or receive an Option by bequest or
         inheritance or by reason of the death of the Participant or (iii) the
         beneficiary or beneficiaries designated by the Participant for any
         Option granted to the Participant that is outstanding at the time of
         his death.

                  2.25 "TERM" means the period during which a particular Option
         may be exercised.

         3. SHARES SUBJECT TO THE PLAN. There will be reserved for use, upon the
exercise of Options to be granted from time to time under the Plan, an aggregate
number of Shares equal to 9% of the number of Shares outstanding after giving
effect to closing of the Company's initial public offering with gross proceeds
of at least $10,000,000, which Shares may be, in whole or in part, as the Board
shall from time to time determine, authorized but unissued Shares, or issued
Shares which shall have been reacquired by the Company. Any Shares subject to
issuance upon exercise of Options but which are not issued because of a
surrender, lapse, expiration, forfeiture or termination of any such Option prior
to issuance of the Shares shall once again be available for issuance in
satisfaction of Options.

         4. ADMINISTRATION OF THE PLAN. The Board shall be invested with the
responsibility for the administration of the Plan; provided, however, that the
Board may appoint a Committee; provided, further, however, that at such time, if
ever, that the Company becomes subject to the Exchange Act, the Board shall
appoint a Committee, which shall consist of not less than two (2)

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outside directors as defined in Treasury Regulation Section 1.162-27 who shall
also qualify as disinterested directors within the meaning of Rule 16b-3, which
shall be invested with the responsibility for the administration of the Plan;
provided further, however, that the failure to appoint a Committee satisfying
the foregoing requirement shall not affect the validity of any Options granted
under the Plan. Subject to the provisions of the Plan, the Committee shall have
full authority, in its discretion, to determine the Participants to whom Options
shall be granted, the number of Shares to be covered by each of the Options, and
the terms of any such Option; to amend or cancel Options (subject to Section 17
of the Plan); to accelerate the vesting of Options; to require the cancellation
or surrender of any previously granted awards under this Plan or any other plans
of the Company as a condition to the granting of an Option; to interpret the
Plan; to prescribe, amend and rescind rules and regulations relating to the
Plan; and generally to interpret and determine any and all matters whatsoever
relating to the administration of the Plan and the granting of Options
hereunder. The Board may from time to time appoint members to the Committee in
substitution for or in addition to members previously appointed and may fill
vacancies, however caused, in the Committee. The Committee shall select one of
its members as its chairman and shall hold its meetings at such times and places
as it shall deem advisable. A majority of its members shall constitute a quorum.
Any action of the Committee may be taken by a written instrument signed by all
of the members, and any action so taken shall be fully as effective as if it had
been taken by a vote of a majority of the members at a meeting duly called and
held. The Committee shall make such rules and regulations for the conduct of its
business as it shall deem advisable and shall appoint a Secretary who shall keep
minutes of its meetings and records of all action taken in writing without a
meeting. No member of the Committee shall be liable, in the absence of bad
faith, for any act or omission with respect to his or her service on the
Committee.

         5. PARTICIPANTS TO WHOM OPTIONS MAY BE GRANTED. Options may be granted
in each calendar year or portion thereof while the Plan is in effect to such of
the Participants as the Committee, in its discretion, shall determine. In
determining the Participants to whom Options shall be granted and the number of
Shares to be issued or subject to purchase or issuance under such Options, the
Committee shall take into account the recommendations of the Company's
management as to the duties of the respective Participants, their present and
potential contributions to the success of the Company and its Subsidiaries, and
such other factors as the Committee shall deem relevant in connection with
accomplishing the purposes of the Plan; provided however, that no Incentive
Stock Option may be granted to a Participant who is not an Employee; and
provided further, however, that no Option may be granted to a member of the
Board who is not also an Employee. No Participant may receive Options to acquire
more than 50,000 Shares in any one calendar year.

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         6. OPTION TERMS AND CONDITIONS.

                  6.1 TYPES OF OPTIONS. Options granted under the Plan may be
         (i) Incentive Stock Options, (ii) Non-Qualified Stock Options, or (iii)
         a combination of the foregoing. The Option Agreement shall designate
         whether an Option is an Incentive Stock Option or a Non-Qualified Stock
         Option and separate Option Agreements shall be issued for each type of
         Option when a combination of an Incentive Stock Option and a
         Non-Qualified Stock Option are granted on the same date to the same
         Participant. Any Option which is designated as a Non-Qualified Stock
         Option shall not be treated by the Company or the Participant to whom
         the Option is granted as an Incentive Stock Option for federal income
         tax purposes.

                  6.2 OPTION PRICE. Unless otherwise determined by the
         Committee, in its sole discretion, the option price per share of any
         Non-Qualified Stock Option granted under the Plan shall not be less
         than the Fair Market Value of the Shares covered by the Option on the
         date the Option is granted. The option price per share of any Incentive
         Stock Option granted under the Plan shall not be less than the Fair
         Market Value of the Shares covered by the Option on the date the Option
         is granted.

                  Notwithstanding anything herein to the contrary, in the event
         an Incentive Stock Option is granted to an Employee who, at the time
         such Incentive Stock Option is granted, owns, as defined in Section 424
         of the Code, stock possessing more than ten percent (10%) of the total
         combined voting power of all classes of stock of:

                        (i)    the Company; or

                       (ii)    if applicable, a Subsidiary; or

                      (iii)    if applicable, a Parent,

         then the option price per share of any Incentive Stock Option granted
         to such Employee shall not be less than one hundred ten percent (110%)
         of the Fair Market Value of the Shares covered by the Option on the
         date the Option is granted.

                  6.3 TERMS OF OPTIONS. Options granted hereunder shall be
         exercisable for a Term of not more than ten (10) years from the date of
         grant thereof, but shall be subject to earlier termination as
         hereinafter provided. Each Option Agreement issued hereunder shall
         specify the term of the Option, which term shall be determined by the
         Committee in accordance with its discretionary authority hereunder.

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                  Notwithstanding anything herein to the contrary, in the event
         an Incentive Stock Option is granted to an Employee who, at the time
         such Incentive Stock Option is granted, owns, as defined in Section 424
         of the Code, stock possessing more than ten percent (10%) of the total
         combined voting power of all classes of stock of:

                        (i)    the Company; or

                       (ii)    if applicable, a Subsidiary; or

                      (iii)    if applicable, a Parent,

         then such Incentive Stock Option shall not be exercisable more than
         five (5) years from the date of grant thereof, but shall be subject to
         earlier termination as hereinafter provided.

                  6.4 OTHER TERMS AND CONDITIONS OF OPTIONS. Each Option or each
         Option Agreement setting forth an Option shall contain such other terms
         and conditions (e.g., vesting conditions) not inconsistent herewith as
         shall be approved by the Committee.

         7. LIMIT ON FAIR MARKET VALUE OF INCENTIVE STOCK OPTIONS. No Employee
may be granted an Incentive Stock Option hereunder to the extent that the
aggregate fair market value (such fair market value being determined as of the
date of grant of the option in question) of the stock with respect to which
incentive stock options are first exercisable by any Employee during any
calendar year (under all such plans of the Employee's employer corporation, its
Parent, if any, and its Subsidiaries, if any) exceeds One Hundred Thousand
Dollars ($100,000). For purposes of the preceding sentence, options shall be
taken into account in the order in which they were granted. Any Option granted
under the Plan which is intended to be an Incentive Stock Option, but which
exceeds the limitation set forth in this Section 7, shall be a Non-Qualified
Stock Option.

         8. DATE OF GRANT. The date of grant of an Option granted hereunder
shall be the date on which the Committee acts in granting the Option or, if
later, such other date as the Committee shall specify.

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         9. EXERCISE OF RIGHTS UNDER OPTIONS.

                  9.1 NOTICE OF EXERCISE. A Participant entitled to exercise an
         Option shall do so by delivery of a written notice to that effect
         specifying the number of Shares with respect to which the Option is
         being exercised and any other relevant information the Committee may
         require. The notice shall be accompanied by payment in full of the
         purchase price of any Shares to be purchased, which payment may be made
         in cash or, with the Committee's approval, in Shares that have been
         held for at least six (6) months valued at their Fair Market Value on
         the date of exercise or, upon the approval of the Committee, by a
         combination of cash and Shares. No Shares shall be issued upon exercise
         of an Option until full payment has been made therefor. All notices or
         requests provided for herein shall be delivered to the Company's
         President, or such other person as the Committee may designate. No
         fractional Shares shall be issued.

                  9.2 CASHLESS EXERCISE PROCEDURES. At such time that Shares are
         traded on the over-the-counter market or on any other established
         securities market, the Company, in its sole discretion, may establish
         procedures whereby a Participant, subject to the requirements of Rule
         16b-3, Regulation T, federal income tax laws, and other federal, state
         and local tax and securities laws, can exercise an Option or a portion
         thereof without making a direct payment of the option price to the
         Company; provided, however, that these cashless exercise procedures
         shall not apply to Incentive Stock Options which are outstanding on the
         date the Company establishes such procedures unless the application of
         such procedures to such Options is permitted pursuant to the Code and
         the regulations thereunder without affecting the Options' qualification
         under Code Section 422 as Incentive Stock Options. If the Company so
         elects to establish a cashless exercise program, the Company shall
         determine, in its sole discretion, and from time to time, such
         administrative procedures and policies as it deems appropriate and such
         procedures and policies shall be binding on any Participant wishing to
         utilize the cashless exercise program.

         10. RIGHTS OF OPTION HOLDER. Subject to the provisions in Sections 15
and 18 of this Plan, the holder of an Option shall not have any of the rights of
a stockholder with respect to the Shares subject to purchase or receipt under
the Option, except to the extent that the holder has exercised the Option for
those Shares in accordance with the terms of the Option Agreement applicable to
such Option and paid the full exercise price for the purchased Shares to the
Company.

         11. NONTRANSFERABILITY OF OPTIONS. Unless otherwise determined by the
Committee, and set forth in an Option Agreement, an Option shall not be
transferable other than: (a) by will or the laws of descent and distribution or
pursuant to any beneficiary designation in effect for said Option at the time of
the holder's death, and an Option subject to exercise may be exercised, during
the lifetime of the holder of the Option, only by the holder or in the event of
death, the holder's Successor, or in the event of disability, the holder's
personal representative, or (b) pursuant to a qualified domestic relations
order, as defined in the Code or ERISA or the rules thereunder.

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         12. ADJUSTMENTS UPON CHANGES IN CAPITALIZATION. In the event of changes
in all of the outstanding Shares by reason of stock dividends, stock splits,
reclassifications, recapitalizations, mergers, consolidations, combinations,
exchanges of Shares, separations, reorganizations or liquidations, or similar
events, or in the event of extraordinary cash or non-cash dividends being
declared with respect to the Shares, or similar transactions or events, the
number and class of Shares available under the Plan in the aggregate, the number
and class of Shares subject to Options theretofore granted, applicable purchase
prices and all other applicable provisions, shall, subject to the provisions of
the Plan, be equitably adjusted by the Committee (which adjustment may, but need
not, include payment to the holder of an Option, in cash or in securities, in an
amount equal to the difference between the price at which such Option may be
exercised and the then current fair market value of the Shares subject to such
Option) as equitably determined by the Committee in order to prevent the
diminution or enlargement of benefits thereunder. The foregoing adjustment and
the manner of application of the foregoing provisions shall be determined by the
Committee, in its sole discretion; provided, however, to the extent applicable,
any adjustment to an Incentive Stock Option shall be made in a manner consistent
with Section 424 of the Code. Any such adjustment may provide for the
elimination of any fractional share which might otherwise become subject to an
Option.

         13. CHANGE IN CONTROL. Notwithstanding anything to the contrary in the
Plan or any Option Agreement, in the case of a Change in Control of the Company:

                  (a) If the Change in Control of the Company is described in
         Section 2.2(a) or 2.2(b) of the Plan, the Committee may, in its
         discretion, taking into account the purposes of this Plan, determine,
         on a case by case basis, that each Option granted under the Plan shall,
         subject to the following provisions, terminate ninety (90) days after
         the Board becomes aware of the occurrence of such Change in Control
         but, in the event of any such termination, an Option holder shall have
         the right, commencing at least five (5) days prior to such Change in
         Control and subject to any other limitation on the exercise of such
         Option in effect on the date of exercise to immediately exercise any
         Options in full, without regard to any vesting limitations, to the
         extent they shall not have been theretofore exercised.

                  (b) If the Change in Control of the Company is described in
         Section 2.2(c) of the Plan, then (i) the Committee shall use its best
         efforts to cause the acquiring or successor entity to either assume all
         outstanding Options granted under the Plan or to replace all
         outstanding Options granted under the Plan with comparable options
         which preserve the spread, exercise period and vesting periods of such
         Options; (ii) all outstanding Options granted under the Plan that are
         not so assumed or replaced with comparable options shall become
         exercisable in full immediately prior to, and conditioned upon, the
         closing of the transaction (a "Corporate Transaction") the approval of
         which resulted in a Change in Control described in Section 2.2(c) of
         the Plan and written notice of such acceleration shall be given to the
         holders of all non-assumed or non-replaced Options at least ten (10)
         days prior to the date of the closing of the Corporate Transaction; and
         (iii) all outstanding Options granted under the Plan shall
         automatically terminate upon the closing of the Corporate Transaction.

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         14. FORMS OF OPTIONS. Nothing contained in the Plan nor any resolution
adopted or to be adopted by the Board or by the stockholders of the Company
shall constitute the granting of any Option. An Option shall be granted
hereunder only by action taken by the Committee in granting an Option. Whenever
the Committee shall designate a Participant for the receipt of an Option, the
Company's Secretary, or such other person as the Committee may designate, shall
forthwith send notice thereof to the Participant, in such form as the Committee
shall approve, stating the number of Shares subject to the Option, its Term, and
the other terms and conditions thereof. The notice shall be accompanied by a
written Option Agreement in such form as may from time to time hereafter be
approved by the Committee, which shall have been duly executed by or on behalf
of the Company. If the surrender of previously issued Options is made a
condition of the grant, the notice shall set forth the pertinent details of such
condition. Execution by the Participant to whom such Option is granted of said
Option Agreement in accordance with the provisions set forth in this Plan shall
be a condition precedent to the exercise or receipt of any Option.

         15. TAXES. The Company shall have the right to require a person
entitled to receive Shares pursuant to the receipt, vesting or exercise of an
Option under the Plan to pay the Company the amount of any taxes which the
Company is or will be required to withhold with respect to such Shares before
the Shares are issued in such person's name. Furthermore, the Company may elect
to deduct such taxes from any other amounts then payable in cash or in Shares or
from any other amounts payable any time thereafter to the Participant. If the
Participant disposes of the Shares acquired pursuant to an Incentive Stock
Option in any transaction considered to be a disqualifying transaction under
Sections 421 and 422 of the Code, the Participant shall notify the Company of
such transfer and the Company shall have the right to deduct any taxes required
by law to be withheld from any amounts otherwise payable then or thereafter to
the Participant.

         16. TERMINATION OF THE PLAN. The Plan shall terminate ten (10) years
from the date hereof, and an Option shall not be granted under the Plan after
that date although the terms of any Options may be amended at any date prior to
the end of its Term in accordance with the Plan. Any Options outstanding at the
time of termination of the Plan shall continue in full force and effect
according to the terms and conditions of the Option and this Plan.

         17. AMENDMENT OF THE PLAN. The Plan may be amended at any time and from
time to time by the Board, but no amendment without the approval of the
stockholders of the Company shall be made if stockholder approval under Section
422 of the Code, Section 162(m) of the Code or Rule 16b-3 would be required.
Notwithstanding the discretionary authority granted to the Committee in Section
4 of the Plan, no amendment of the Plan or any Option granted under the Plan
shall impair any of the rights of any holder, without the holder's consent,
under any Option theretofore granted under the Plan.

         18. DELIVERY OF SHARES ON EXERCISE OR GRANT. Delivery of certificates
for Shares pursuant to the exercise of an Option may be postponed by the Company
for such period as may be required for it with reasonable diligence to comply
with any applicable requirements of any federal, state or local law or
regulation or any administrative or quasi-administrative requirement applicable

                                       10
<PAGE>   11

to the sale, issuance, distribution or delivery of such Shares. The Committee
may, in its sole discretion, require a Participant to furnish the Company with
appropriate representations and a written investment letter prior to the
exercise of an Option or the delivery of any Shares pursuant to an Option.

         19. FEES AND COSTS. The Company shall pay all original issue taxes on
the issuance or exercise of any Option granted under the Plan and all other fees
and expenses necessarily incurred by the Company in connection therewith.

         20. EFFECTIVENESS OF THE PLAN. The Plan shall become effective when
approved by the Board. The Plan shall thereafter be submitted to the Company's
stockholders for approval and unless the Plan is approved either (i) by the
affirmative votes of the holders of shares having a majority of the voting power
of all shares represented at a meeting duly held in accordance with Delaware law
within twelve (12) months after being approved by the Board or (ii) by a written
consent in accordance with Delaware law within twelve (12) months after being
approved by the Board, the Plan and all Options granted thereunder will be null
and void and of no force and effect.

         21. OTHER PROVISIONS. As used in the Plan, and in Options and other
documents prepared in implementation of the Plan, references to the masculine
pronoun shall be deemed to refer to the feminine or neuter, and references in
the singular or the plural shall refer to the plural or the singular, as the
identity of the person or persons or entity or entities being referred to may
require. The captions used in the Plan and in such Options and other documents
prepared in implementation of the Plan are for convenience only and shall not
affect the meaning of any provision hereof or thereof.

         22. DELAWARE LAW TO GOVERN. This Plan shall be governed by and
construed in accordance with the laws of the State of Delaware.

                                       11

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