Document:

Golden Aria Corp.: Exhibit 10.1 - Prepared by TNT Filings Inc.

Exhibit 10.1

GOLDEN ARIA CORP 
2010 EQUITY COMPENSATION PLAN

I. ESTABLISHMENT OF PLAN; DEFINITIONS 

1.      Purpose.      The
purpose of the Corporation’s 2010 Equity Compensation Plan is to encourage
certain, officers, employees, directors and consultants of the Corporation to
acquire and hold stock in the Corporation as an added incentive to remain with
the Corporation and to increase their efforts in promoting the interests of the
Corporation and to enable the Corporation to attract and retain capable
individuals. 

2.      Definitions.      Unless
the context clearly indicates otherwise, the following terms shall have the
meanings set forth below: 

     (a)      “Award”
shall mean the grant of any Stock Option, Stock Appreciation Right or Stock
Award pursuant to the Plan. 

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

     (c)      "Code"
shall mean the Internal Revenue Code of 1986, as it may be amended from time to
time. 

     (d)      "Committee"
shall mean a committee made up of at least two members of the Board whose
members shall, from time to time, be appointed by the Board. If a Committee has
not been appointed by the Board, “Committee” shall mean the Board. 

     (e)      "Corporation"
shall mean GOLDEN ARIA CORP., a Nevada corporation. 

     (f)      "Consultants"
shall mean individuals or entities who provide services to the Corporation who
are not Employees or Directors. 

     (g)      "Directors"
shall mean those members of the Board of Directors of the Corporation who are
not Employees. 

     (h)      "Disability"
shall mean a medically determinable physical or mental condition which causes an
Employee, Director or Consultant to be unable to engage in any substantial
gainful activity and which can be expected to result in death or to be of
long-continued and indefinite duration. 

     (i)      "Employee"
shall mean any common law employee, including officers, of the Corporation as
determined under the Code and the Treasury Regulations thereunder. 

     (j)      "Fair
Market Value" with regards to the grant of Stock Options shall mean (i) if the
Stock is listed on a national securities exchange, the mean between the highest
and lowest sales prices for the Stock on such date, or, if no such prices are
reported for such day, then on the next preceding day on which there were
reported prices; (ii) if the Stock is not listed on a national securities
exchange, the closing price for the shares on such date, or if no such prices
are reported for such day, then on the next preceding day on which there were
reported prices; or (iii) as determined in good faith by the Board. “Fair Market
Value” with regards to Stock Awards shall be determined by the Board, in good
faith and in its sole discretion. 

     (k)      "Grantee"
shall mean an officer, Employee, Director or Consultant granted a Stock Option
or Stock Award under this Plan. 

     (l)      "Incentive
Stock Option" shall mean an option granted pursuant to the Incentive Stock
Option provisions as set forth in Part II of this Plan. 

     (m)      "Non-Qualified
Stock Option" shall mean an option granted pursuant to the Non-Qualified Stock
Option provisions as set forth in Part III of this Plan. 

     (n)      "Plan"
shall mean the 2010 Equity Compensation Plan as set forth herein and as amended
from time to time. 

     (o)      "Restricted
Stock" shall mean Stock which is issued pursuant to the Restricted Stock as set
forth in Part IV of this Plan. 

     (p)      "Stock"
shall mean authorized but unissued shares of the Common Stock of the Corporation
or reacquired shares of the Corporation's Common Stock. 

     (q)      "Stock
Appreciation Right" shall mean a stock appreciation right granted pursuant to
the Stock Appreciation Right provisions as set forth in Part II and III of this
Plan. 

     (r)      "Stock
Award" shall mean an award of Restricted granted pursuant to this Plan. 

     (s)      "Stock
Option" shall mean an option granted pursuant to the Plan to purchase shares of
Stock. 

     (t)      “Subsidiary”
shall mean any corporation (other than the Corporation) in an unbroken chain of
corporations beginning with and including the Corporation, if each of the
corporations other than the last corporation in the unbroken chain owns stock
possessing 50 percent (50%) or more of the total combined voting power of all
classes of stock in one of the other corporations in such chain. 

     (u)      "Ten
Percent Shareholder" shall mean an Employee who at the time a Stock Option is
granted owns stock possessing more than ten percent (10%) of the total combined
voting power of all stock of the Corporation or of its parent or subsidiary
corporation. 

3.      Shares of Stock
Subject to the Plan.      Subject to the
provisions of Paragraph 2 of Part V of the Plan, the Stock which may be issued
or transferred pursuant to Stock Options and Stock Awards granted under the Plan
and the Stock which is subject to outstanding but unexercised Stock Options
under the Plan shall not exceed 2,000,000 shares in the aggregate. If a
Stock Option shall expire and terminate for any reason, in whole or in part,
without being exercised or, if Stock Awards are forfeited because the
restrictions with respect to such Stock Awards shall not have been met or have
lapsed, the number of shares of Stock which are no longer outstanding as Stock
Awards or subject to Stock Options may again become available for the grant of
Stock Awards or Stock Options. There shall be no terms and conditions in a Stock
Award or Stock Option which provide that the exercise of an Incentive Stock
Option reduces the number of shares of Stock for which an outstanding
Non-Qualified Stock Option may be exercised; and there shall be no terms and
conditions in a Stock Award or Stock Option which provide that the exercise of a
Non-Qualified Stock Option reduces the number of shares of Stock for which an
outstanding Incentive Stock Option may be exercised. 

4.      Administration of the
Plan.     The Plan shall be administered by the
Committee. Subject to the express provisions of the Plan, the Committee shall
have authority to interpret the Plan, to prescribe, amend, and rescind rules and
regulations relating to it, to determine the terms and provisions of Stock
Option agreements, and to make all other determinations necessary or advisable
for the administration of the Plan. Any controversy or claim arising out of or
related to this Plan shall be determined unilaterally by and at the sole
discretion of the Committee. 

5.      Amendment or
Termination.      The Board may, at any time,
alter, amend, suspend, discontinue, or terminate this Plan; provided, however,
that such action shall not adversely affect the right of Grantees to Stock
Awards or Stock Options previously granted and no amendment, without the
approval of the stockholders of the Corporation, shall increase the maximum
number of shares which may be awarded under the Plan in the aggregate,
materially increase the benefits accruing to Grantees under the Plan, change the
class of Employees eligible to receive options under the Plan, or materially
modify the eligibility requirements for participation in the Plan. 

6.      Effective Date and
Duration of the Plan.      The effective date
of the Plan is the date on which the Plan is adopted by the Board. If the
stockholders of the Corporation do not approve the Plan within 12 months after
the Board's adoption of the Plan, any Incentive Stock Options granted under the
Plan will be treated as Non-Qualified Stock Options. Unless sooner terminated as
provided herein, the Plan shall terminate ten years after the earlier of the
Plan's adoption by the Board and approval by the Company's stockholders. 

7.      General. 

     (a)      Each
Stock Option, Stock Award and Stock Appreciation Right shall be evidenced by a
written instrument (which may be in the form of a unanimous written consent of
the Board) containing such terms and conditions, not inconsistent with this
Plan, as the Committee shall approve. 

     (b)      The
granting of a Stock Option, Stock Award or Stock Appreciation Right in any year
shall not give the Grantee any right to similar grants in future years or any
right to be retained in the employ of the Corporation, and all Employees shall
remain subject to discharge to the same extent as if the Plan were not in
effect. 

     (c)      No
officer, Employee, Director or Consultant and no beneficiary or other person
claiming under or through him, shall have any right, title or interest by reason
of any Stock Option or any Stock Award to any particular assets of the
Corporation, or any shares of Stock allocated or reserved for the purposes of
the Plan or subject to any Stock Option or any Stock Award except as set forth
herein. The Corporation shall not be required to establish any fund or make any
other segregation of assets to assure the payment of any Stock Option or Stock
Award. 

     (d)      No
right under the Plan shall be subject to anticipation, sale, assignment, pledge,
encumbrance, or charge except by will or the laws of descent and distribution,
and a Stock Option shall be exercisable during the Grantee's lifetime only by
the Grantee or his conservator. 

     (e)      Notwithstanding
any other provision of this Plan or agreements made pursuant thereto, the
Corporation's obligation to issue or deliver any certificate or certificates for
shares of Stock under a Stock Option or Stock Award, and the transferability of
Stock acquired by exercise of a Stock Option or grant of a Stock Award, shall be
subject to all of the following conditions: 

(i) Any registration or other
qualification of such shares under any state or federal law or regulation, or
the maintaining in effect of any such registration or other qualification which
the Board shall, in its absolute discretion upon the advice of counsel, deem
necessary or advisable; and

(ii) The obtaining of any other
consent, approval, or permit from any state or federal governmental agency which
the Board shall, in its absolute discretion upon the advice of counsel,
determine to be necessary or advisable. 

     (f)      All
payments to Grantees or to their legal representatives shall be subject to any
applicable tax, community property, or other statutes or regulations of the
United States or of any state or country having jurisdiction thereof. The
Grantee may be required to pay to the Corporation the amount of any withholding
taxes which the Corporation is required to withhold with respect to a Stock
Option or its exercise or a Stock Award. In the event that such payment is not
made when due, the Corporation shall have the right to deduct, to the extent
permitted by law, from any payment of any kind otherwise due to such person all
or part of the amount required to be withheld. 

     (g)      In
the case of a grant of a Stock Option or Stock Award to any Employee of a
subsidiary of the Corporation, the Corporation may, if the Committee so directs,
issue or transfer the shares, if any, covered by the Stock Option or Stock Award
to the subsidiary, for such lawful consideration as the Committee may specify,
upon the condition or understanding that the subsidiary will transfer the shares
to the Employee in accordance with the terms of the Stock Option or Stock Award
specified by the Committee pursuant to the provisions of the Plan. For purposes
of this Section, a subsidiary shall mean any subsidiary corporation of the
Corporation as defined in Section 424 of the Code. 

     (h)      A
Grantee entitled to Stock as a result of the exercise of a Stock Option or grant
of a Stock Award shall not be deemed for any purpose to be, or have rights as, a
shareholder of the Corporation by virtue of such exercise, except to the extent
a stock certificate is issued therefor and then only from the date such
certificate is issued. No adjustments shall be made for dividends or
distributions or other rights for which the record date is prior to the date
such stock certificate is issued. The Corporation shall issue any stock
certificates required to be issued in connection with the exercise of a Stock
Option with reasonable promptness after such exercise. 

     (i)      The
grant or exercise of Stock Options granted under the Plan or the grant of a
Stock Award under the Plan shall be subject to, and shall in all respects comply
with, applicable law relating to such grant or exercise, or to the number of
shares of Stock which may be beneficially owned or held by any Grantee. 

     (j)      The
Corporation intends that the Plan shall comply with the requirements of Rule
16b-3 (the “Rule”) under the Securities Exchange Act of 1934, as amended, during
the term of this Plan. Should any additional provisions be necessary for the
Plan to comply with the requirements of the Rule, the Board may amend this Plan
to add to or modify the provisions of this Plan accordingly. 

     (k)      The
Corporation intends that the Plan shall comply with the requirements of Section
409A of the Code, to the extent applicable. Should any changes to the Plan be
necessary for the Plan to comply with the requirements of Code Section 409A the
Board may amend this Plan to add to or modify the provisions of this Plan
accordingly. 

     (l)      The
Corporation will seek stockholder approval in the manner and to the degree
required under Applicable Laws. If the Corporation fails to obtain stockholder
approval of the Plan within twelve (12) months after the date this Plan is
adopted by the Board, pursuant to Section 422 of the Code, any Option granted as
an Incentive Option at any time under the Plan will not qualify as an Incentive
Option within the meaning of the Code and will be deemed to be a Non-Qualified
Option. 

II. INCENTIVE STOCK OPTION PROVISIONS 

1.      Granting of Incentive
Stock Options. 

     (a)      Only
Employees of the Corporation shall be eligible to receive Incentive Stock
Options under the Plan. Officers, Directors and Consultants of the Corporation
who are not also Employees shall not be eligible to receive Incentive Stock
Options. 

     (b)      The
purchase price of each share of Stock subject to an Incentive Stock Option shall
not be less than 100% of the Fair Market Value of a share of the Stock on the
date the Incentive Stock Option is granted; provided, however, that the purchase
price of each share of Stock subject to an Incentive Stock Option granted to a
Ten Percent Shareholder shall not be less than 110% of the Fair Market Value of
a share of the Stock on the date the Incentive Stock Option is granted. 

     (c)      No
Incentive Stock Option shall be exercisable more than ten years from the date
the Incentive Stock Option was granted; provided, however, that an Incentive
Stock Option granted to a Ten Percent Shareholder shall not be exercisable more
than five years from the date the Incentive Stock Option was granted. 

     (d)      The
Committee shall determine and designate from time to time those Employees who
are to be granted Incentive Stock Options and specify the number of shares
subject to each Incentive Stock Option. 

     (e)      The
Committee, in its sole discretion, shall determine whether any particular
Incentive Stock Option shall become exercisable in one or more installments,
specify the installment dates, and, within the limitations herein provided,
determine the total period during which the Incentive Stock Option is
exercisable. Further, the Committee may make such other provisions as may appear
generally acceptable or desirable to the Committee or necessary to qualify its
grants under the provisions of Section 422 of the Code. 

     (f)      The
Committee may grant at any time new Incentive Stock Options to an Employee who
has previously received Incentive Stock Options or other options whether such
prior Incentive Stock Options or other options are still outstanding, have
previously been exercised in whole or in part, or are cancelled in connection
with the issuance of new Incentive Stock Options. The purchase price of the new
Incentive Stock Options may be established by the Committee without regard to
the existing Incentive Stock Options or other options. 

     (g)      Notwithstanding
any other provisions hereof, the aggregate Fair Market Value (determined at the
time the option is granted) of the Stock with respect to which Incentive Stock
Options are exercisable for the first time by the Employee during any calendar
year (under all such plans of the Grantee's employer corporation and its parent
and subsidiary corporation) shall not exceed $100,000. 

2.      Exercise of Incentive
Stock Options.     The option price of an Incentive
Stock Option shall be payable on exercise of the option (i) in cash or by check,
bank draft or postal or express money order, (ii) by the surrender of Stock then
owned by the Grantee, (iii) the proceeds of a loan from an independent
broker-dealer whereby the loan is secured by the option or the stock to be
received upon exercise, or (iv) any combination of the foregoing; provided,
that each such method and time for payment and each such borrowing and terms
and conditions of repayment shall then be permitted by and be in compliance with
applicable law. Shares of Stock so surrendered in accordance with clause (ii) or
(iv) shall be valued at the Fair Market Value thereof on the date of exercise,
surrender of such Stock to be evidenced by delivery of the certificate(s)
representing such shares in such manner, and endorsed in such form, or
accompanied by stock powers endorsed in such form, as the Committee may
determine. 

3.      Termination of
Employment. 

     (a)      If
a Grantee's employment with the Corporation is terminated other than by
Disability or death, the terms of any then outstanding Incentive Stock Option
held by the Grantee shall extend for a period ending on the earlier of the date
on which such Stock Option would otherwise expire or three months after such
termination of employment, and such Stock Option shall be exercisable to the
extent it was exercisable as of such last date of employment. 

     (b)      If
a Grantee's employment with the Corporation is terminated by reason of
Disability, the term of any then outstanding Incentive Stock Option held by the
Grantee shall extend for a period ending on the earlier of the date on which
such Stock Option would otherwise expire or twelve months after such termination
of employment, and such Stock Option shall be exercisable to the extent it was
exercisable as of such last date of employment. 

     (c)      If
a Grantee's employment with the Corporation is terminated by reason of death,
the representative of his estate or beneficiaries thereof to whom the Stock
Option has been transferred shall have the right during the period ending on the
earlier of the date on which such Stock Option would otherwise expire or twelve
months after such date of death, to exercise any then outstanding Incentive
Stock Options in whole or in part. If a Grantee dies without having fully
exercised any then outstanding Incentive Stock Options, the representative of
his estate or beneficiaries thereof to whom the Stock Option has been
transferred shall have the right to exercise such Stock Options in whole or in
part. 

4.      Stock Appreciation
Rights 

     (a)      Grant. Stock
Appreciation Rights related to all or any portion of an Incentive Stock Option
may be granted by the Committee to any Grantee in connection with the grant of
an Incentive Stock Option or unexercised portion thereof held by the Grantee at
any time and from time to time during the term thereof. Each Stock Appreciation
Right shall be granted at least at Fair Market Value on the date of grant and be
subject to such terms and conditions not inconsistent with the provisions of
this Part II as shall be determined by the Committee and included in the
agreement relating to such Stock Appreciation Right, subject in any event,
however, to the following terms and conditions of this Section 4. Each Stock
Appreciation Right may include limitations as to the time when such Stock
Appreciation Right becomes exercisable and when it ceases to be exercisable that
are more restrictive than the limitations on the exercise of the Incentive Stock
Option to which it relates. 

     (b)      Exercise. No
Stock Appreciation Right shall be exercisable with respect to such related
Incentive Stock Option or portion thereof unless such Incentive Stock Option or
portion shall itself be exercisable at that time. A Stock Appreciation Right
shall be exercised only upon surrender of the related Incentive Stock Option or
portion thereof in respect of which the Stock Appreciation Right is then being
exercised. 

     (c)      Amount
of Payment. On exercise of a Stock Appreciation Right, a Grantee shall
be entitled to receive an amount equal to the product of (i) the amount by which
the Fair Market Value of a share of Stock on the date of exercise of the Stock
Appreciation Right exceeds the option price per share specified in the related
Incentive Stock Option and (ii) the number of shares of Stock in respect of
which the Stock Appreciation Right shall have been exercised. 

     (d)      Form
of Payment. Stock Appreciation Rights may be settled in Stock, cash or a
combination thereof. The number of shares of Stock to be distributed shall be
the largest whole number obtained by dividing the amount otherwise distributable
in respect of such settlement by the Fair Market Value of a share of Stock on the date of exercise
of the Stock Appreciation Right. The value of fractional shares of Stock shall
be paid in cash. 

     (e)      Effect
of Exercise of Right or Related Option. If the related Incentive Stock
Option is exercised in whole or in part, then the Stock Appreciation Right with
respect to the Stock purchased pursuant to such exercise (but not with respect
to any unpurchased Stock) shall be terminated as of the date of exercise if such
Stock Appreciation Right is not exercised on such date. 

     (f)      Non-transferability.
A Stock Appreciation Right shall not be transferable or assignable by the
Grantee other than by will or the laws of descent and distribution, and shall be
exercisable during theGrantee's lifetime only by the Grantee. 

     (g)      Termination
of Employment. If the Grantee ceases to be an Employee of the Corporation for
any reason, each outstanding Stock Appreciation Right shall be exercisable for
such period and to such extent as the related Incentive Stock Option or portion
thereof. 

III. NON-QUALIFIED STOCK OPTION PROVISIONS 

1.      Granting of Stock
Options. 

     (a)      Officers,
Employees, Directors and Consultants shall be eligible to receive Non-Qualified
Stock Options under the Plan. 

     (b)      The
Committee shall determine and designate from time to time those officers,
Employees, Directors and Consultants who are to be granted Non-Qualified Stock
Options and the amount subject to each Non-Qualified Stock Option. 

     (c)      The
Committee may grant at any time new Non-Qualified Stock Options to an Employee,
Director or Consultant who has previously received Non-Qualified Stock Options
or other Stock Options, whether such prior Non-Qualified Stock Options or other
Stock Options are still outstanding, have previously been exercised in whole or
in part, or are cancelled in connection with the issuance of new Non-Qualified
Stock Options. 

     (d)      The
Committee shall determine the purchase price of each share of Stock subject to a
Non-Qualified Stock Option. Such price shall not be less than 100% of the Fair
Market Value of such Stock on the date the Non-Qualified Stock Option is
granted. 

     (e)      The
Committee, in its sole discretion, shall determine whether any particular
Non-Qualified Stock Option shall become exercisable in one or more installments,
specify the instalment dates, and, within the limitations herein provided,
determine the total period during which the Non-Qualified Stock Option is
exercisable. Further, the Committee may make such other provisions as may appear
generally acceptable or desirable to the Committee, including the extension of a
Non-Qualified Stock Option, provided that such extension does not extend the
option beyond the period specified in paragraph (f) below. 

     (f)      No
Non-Qualified Stock Option shall be exercisable more than ten years from the
date such option is granted. 

2.      Exercise of Stock
Options.      The option price of a
Non-Qualified Stock Option shall be payable on exercise of the Stock Option (i)
in cash or by check, bank draft or postal or express money order, (ii) by the
surrender of Stock then owned by the Grantee, (iii) the proceeds of a loan from
an independent broker-dealer whereby the loan is secured by the option or the
stock to be received upon exercise, or (iv) any combination of the foregoing;
provided, that each such method and time for payment and each such borrowing and terms and
conditions of repayment shall then be permitted by and be in compliance with
applicable law. Shares of Stock so surrendered in accordance with clause (ii) or
(iv) shall be valued at the Fair Market Value thereof on the date of exercise,
surrender of such Stock to be evidenced by delivery of the certificate(s)
representing such shares in such manner, and endorsed in such form, or
accompanied by stock powers endorsed in such form, as the Committee may
determine. 

3.      Termination of
Relationship. 

     (a)      If
a Grantee's employment with the Corporation is terminated, a Director Grantee
ceases to be a Director, or a Consultant Grantee ceases to be a Consultant,
other than by reason of Disability or death, the terms of any then outstanding
Non-Qualified Stock Option held by the Grantee shall extend for a period ending
on the earlier of the date established by the Committee at the time of grant or
three months after the Grantee's last date of employment or cessation of being a
Director or Consultant, and such Stock Option shall be exercisable to the extent
it was exercisable as of the date of termination of employment or cessation of
being a Director or Consultant. 

     (b)      If
a Grantee's employment is terminated by reason of Disability, a Director Grantee
ceases to be a Director by reason of Disability or a Consultant Grantee ceases
to be a Consultant by reason of Disability, the term of any then outstanding
Non-Qualified Stock Option held by the Grantee shall extend for a period ending
on the earlier of the date on which such Stock Option would otherwise expire or
twelve months after the Grantee's last date of employment or cessation of being
a Director or Consultant, and such Stock Option shall be exercisable to the
extent it was exercisable as of such last date of employment or cessation of
being a Director or Consultant. 

     (c)      If
a Grantee's employment is terminated by reason of death, a Director Grantee
ceases to be a Director by reason of death or a Consultant Grantee ceases to be
a Consultant by reason of death, the representative of his estate or
beneficiaries thereof to whom the Stock Option has been transferred shall have
the right during the period ending on the earlier of the date on which such
Stock Option would otherwise expire or twelve months following his death to
exercise any then outstanding Non-Qualified Stock Options in whole or in part.
If a Grantee dies without having fully exercised any then outstanding
Non-Qualified Stock Options, the representative of his estate or beneficiaries
thereof to whom the Stock Option has been transferred shall have the right to
exercise such Stock Options in whole or in part. 

4.      Stock Appreciation
Rights 

     (a)      Grant.
Stock Appreciation Rights related to all or any portion of a Non-Qualified Stock
Option may be granted by the Committee to any Grantee in connection with the
grant of a Non-Qualified Stock Option or unexercised portion thereof held by the
Grantee at any time and from time to time during the term thereof. Each Stock
Appreciation Right shall be granted at least at Fair Market Value on the date of
grant and be subject to such terms and conditions not inconsistent with the
provisions of this Part III as shall be determined by the Committee and included
in the agreement relating to such Stock Appreciation Right, subject in any
event, however, to the following terms and conditions of this Section 4. Each
Stock Appreciation Right may include limitations as to the time when such Stock
Appreciation Right becomes exercisable and when it ceases to be exercisable that
are more restrictive than the limitations on the exercise of the Non-Qualified
Stock Option to which it relates. 

     (b)      Exercise.
No Stock Appreciation Right shall be exercisable with respect to such related
Non-Qualified Stock Option or portion thereof unless such Non-Qualified Stock
Option or portion shall itself be exercisable at that time. A Stock Appreciation
Right shall be exercised only upon surrender of the related Non-Qualified Stock
Option or portion thereof in respect of which the Stock Appreciation Right is
then being exercised. 

     (c)      Amount
of Payment. On exercise of a Stock Appreciation Right, a Grantee shall be
entitled to receive an amount equal to the product of (i) the amount by which
the Fair Market Value of a share of Stock on the date of exercise of the Stock
Appreciation Right exceeds the option price per share specified in the related
Non-Qualified Stock Option and (ii) the number of shares of Stock in respect of
which the Stock Appreciation Right shall have been exercised. 

     (d)      Form
of Payment. Stock Appreciation Rights may only be settled in Stock, cash or
any combination thereof. The number of shares of Stock to be distributed shall
be the largest whole number obtained by dividing the amount otherwise
distributable in respect of such settlement by the Fair Market Value of a share
of Stock on the date of exercise of the Stock Appreciation Right. The value of
fractional shares of Stock shall be paid in cash. 

     (e)      Effect
of Exercise of Right or Related Option. If the related Non-Qualified Stock
Option is exercised in whole or in part, then the Stock Appreciation Right with
respect to the Stock purchased pursuant to such exercise (but not with respect
to any unpurchased Stock) shall be terminated as of the date of exercise if such
Stock Appreciation Right is not exercised on such date. 

     (f)      Non-transferability.
A Stock Appreciation Right shall not be transferable or assignable by the
Grantee other than by will or the laws of descent and distribution, and shall be
exercisable during the Grantee's lifetime only by the Grantee. 

     (g)      Termination
of Employment. If the Grantee ceases to be an officer, Employee, Director or
Consultant of the Corporation for any reason, each outstanding Stock
Appreciation Right shall be exercisable for such period and to such extent as
the related Non-Qualified Stock Option or portion thereof. 

IV. RESTRICTED STOCK AWARDS 

1.      Grant of Restricted
Stock. 

     (a)      Officers,
Employees, Directors and Consultants shall be eligible to receive grants of
Restricted Stock under the Plan. 

     (b)      The
Committee shall determine and designate from time to time those officers,
Employees, Directors and Consultants who are to be granted Restricted Stock and
the number of shares of Stock subject to such Stock Award. 

     (c)      The
Committee, in its sole discretion, shall make such terms and conditions
applicable to the grant of Restricted Stock as may appear generally acceptable
or desirable to the Committee. 

2.      Termination of
Relationship.

     (a)      If
a Grantee's employment with the Corporation, a Director Grantee ceases to be a
Director, or a Consultant Grantee ceases to be a Consultant, prior to the lapse
of any restrictions applicable to the Restricted Stock such Stock shall be
forfeited and the Grantee shall return the certificates representing such Stock
to the Corporation. 

     (b)      If
the restrictions applicable to a grant of Restricted Stock shall lapse, the
Grantee shall hold such Stock free and clear of all such restrictions except as
otherwise provided in the Plan. 

V. ADJUSTMENTS UPON MERGER, REORGANIZATION, DISSOLUTION OR
CHANGE IN CONTROL 

1.      Substitution of
Options. In the event of a corporate merger or consolidation, or the
acquisition by the Corporation of property or stock of an acquired corporation
or any reorganization or other transaction qualifying under Section 424 of the
Code, the Committee may, in accordance with the provisions of that Section,
substitute Stock Options, Stock Awards and Stock Appreciation Rights under this
Plan for Stock Options, Stock Awards and Stock Appreciation Rights under the
plan of the acquired corporation provided (i) the excess of the aggregate Fair
Market Value of the shares of Stock subject to Stock Option immediately after
the substitution over the aggregate option price of such Stock is not more than
the similar excess immediately before such substitution and (ii) the new Stock
Option does not give the Grantee additional benefits, including any extension of
the exercise period. Alternatively, the Committee may provide, that each Stock
Option, Stock Award and Stock Appreciation Right granted under the Plan shall
terminate as of a date to be fixed by the Board; provided, that no less than
thirty days written notice of the date so fixed shall be given to each holder,
and each holder shall have the right, during the period of fifteen days
preceding such termination, to exercise the Stock Options, Stock Awards and
Stock Appreciation Rights as to all or any part of the Stock covered thereby,
including Stock as to which such would not otherwise be exercisable. 

2.      Adjustment
Provisions. 

     (a)      In
the event that a dividend shall be declared upon the Stock payable in shares of
the Corporation's common stock, the number of shares of Stock then subject to
any Stock Option or Stock Award outstanding under the Plan and the number of
shares reserved for the grant of Stock Options or Stock Awards pursuant to the
Plan shall be adjusted by adding to each such share the number of shares which
would be distributable in respect thereof if such shares had been outstanding on
the date fixed for determining the shareholders of the Corporation entitled to
receive such share dividend. 

     (b)      If
the shares of Stock outstanding are changed into or exchanged for a different
number or class or other securities of the Corporation or of another
corporation, whether through split-up, merger, consolidation, reorganization,
reclassification or recapitalization then there shall be substituted for each
share of Stock subject to any such Stock Option or Stock Award and for each
share of Stock reserved for the grant of Stock Options or Stock Awards pursuant
to the Plan the number and kind of shares or other securities into which each
outstanding share of Stock shall have been so changed or for which each share
shall have been exchanged. 

     (c)     
In the event there shall be any change, other than as specified above in this
Section 2, in the number or kind of outstanding shares of Stock or of any shares
or other securities into which such shares shall have been changed or for which
they shall have been exchanged, then if the Board shall, in its sole discretion,
determine that such change equitably requires an adjustment in the number or
kind of shares theretofore reserved for the grant of Stock Options or Stock
Awards pursuant to the Plan and of the shares then subject to Stock Options or
Stock Awards, such adjustment shall be made by the Board and shall be effective
and binding for all purposes of the Plan and of each Stock Option and Stock
Award outstanding thereunder. 

     (d)      Each
Stock Appreciation Right outstanding at the time of any adjustment pursuant to
this Section 2 and the number of outstanding Stock Appreciation Rights, shall be
adjusted, changed or exchanged in the same manner as related Stock Options.

     (e)      In
the case of any such substitution or adjustment as provided for in this Section
2, the option price set forth in each outstanding Stock Option for each share
covered thereby prior to such substitution or adjustment will be the option
price for all shares or other securities which shall have been substituted for
such share or to which such share shall have been adjusted pursuant to this
Section 2, and the price per share shall be adjusted accordingly. 

     (f)      No
adjustment or substitution provided for in this Section 2 shall require the
Corporation to sell a fractional share, and the total substitution or adjustment
with respect to each outstanding Stock Option shall be limited accordingly. 

     (g)      Upon
any adjustment made pursuant to this Section 2 the Corporation will, upon
request, deliver to the Grantee a certificate setting forth the option price
thereafter in effect and the number and kind of shares or other securities
thereafter purchasable on the exercise of such Stock Option. 

3.      Dissolution or
Liquidation. In the event of a proposed dissolution or liquidation of the
Corporation, to the extent an Award has not been previously exercised, it will
terminate immediately prior to the consummation of such proposed action. 

4.      Change in
Control. Notwithstanding Sections 1 and 2 above, in the event of a Change of
Control (as defined below), except as otherwise determined by the Board, the
Grantee shall fully vest in and have the right to exercise the Awards as to all
of the Stock, including Stock as to which it would not otherwise be vested or
exercisable. If an Award becomes fully vested and exercisable as the result of a
Change of Control, the Committee shall notify the Grantee in writing or
electronically prior to the Change of Control that the Award shall be fully
vested and exercisable for a period of fifteen (15) days from the date of such
notice, and the Award shall terminate upon the expiration of such period. For
purposes of this Agreement, a “Change of Control” means the happening of any of
the following events: 

     (a)      When
any “person,” as such term is used in Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934, as amended (“Exchange Act”) (other than the Corporation, a
Subsidiary or a Corporation employee benefit plan, including any trustee of such
plan acting as trustee) is or becomes the “beneficial owner” (as defined in Rule
13d-3 under the Exchange Act), directly or indirectly, of securities of the
Corporation representing fifty percent (50%) or more of the combined voting
power of the Corporation’s then outstanding securities entitled to vote
generally in the election of directors; or 

     (b)      The
stockholders of the Corporation approve a merger or consolidation of the
Corporation with any other corporation, other than a merger or consolidation
which would result in the voting securities of the Corporation outstanding
immediately prior thereto continuing to represent (either by remaining
outstanding or by being converted into voting securities of the surviving
entity) more than fifty percent (50%) of the total voting power represented by
the voting securities of the Corporation or such surviving entity outstanding
immediately after such merger or consolidation, or the stockholders of the
Corporation approve an agreement for the sale or disposition by the Corporation
of all or substantially all the Corporation’s assets; or 

     (c)      A
change in the composition of the Board of the Corporation, as a result of which
fewer than a majority of the directors are Incumbent Directors. “Incumbent
Directors” shall mean directors who either (A) are directors of the Corporation
as of the date the Plan is approved by the stockholders, or (B) are elected, or
nominated for election, to the Board with the affirmative votes of at least a
majority of the Incumbent Directors at the time of such election or nomination
(but shall not include an individual whose election or nomination is in
connection with an actual or threatened proxy contest relating to the election
of directors to the Corporation). 

VI. INDEMNIFICATION 

Each person who is or shall have been a member of the
Committee, or of the Board, shall be indemnifiedand held harmless by the
Corporation against and from any loss, cost, liability, or expense that may be
imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, notion, suit, or proceeding to which
he or she may be a party or in which he or she may be involved by reason of any
action taken or failure to act under the Plan or any Award agreement and against
and from any and all amounts paid by him or her in settlement thereof, with the
Corporation’s approval, or paid by him or her in settlement thereof, with the
Corporation’s approval, or paid by him or her in satisfaction of any judgment in
any such action, suit, or proceeding against him or her, provided he or she
shall give the Corporation an opportunity, at its own expense, to handle and
defend the same before he or she undertakes to handle and defend it on his or
her own behalf. The foregoing right of indemnification shall not be exclusive of
any other rights of indemnification to which such persons may be entitled under
the Corporation’s Articles of Incorporation or Bylaws, as a matter of law, or
otherwise, or any power that the Corporation may have to indemnify them or hold
them harmless. 

VII. CONDITIONS UPON ISSUANCE OF SHARES 

1.      Legal Compliance.
Stock shall not be issued pursuant to the exercise of an Award unless the
exercise of such Award and the issuance and delivery of Stock shall comply with
applicable laws and shall be further subject to the approval of counsel for the
Corporation with respect to such compliance. 

2.      Investment
Representations. As a condition to the exercise of an Award, the Corporation
may require the Grantee exercising such Award to represent and warrant at the
time of any such exercise that the Stock is being purchased only for investment
and without any present intention to sell or distribute such Stock if, in the
opinion of counsel for the Corporation, such a representation is required. 

3.      No Rights as
Stockholder. No Grantee will have any of the rights of a stockholder
with respect to any Stock until the Stock is issued to the said Grantee. After
Stock is issued to the Grantee, the Grantee will be a stockholder and will have
all the rights of a stockholder with respect to such Stock, including the right
to vote and receive all dividends or other distributions made or paid with
respect to such Stock. 

VIII. LEGAL CONSTRUCTION 

1.      Gender and Number.
Except where otherwise indicated by the context, any masculine term used herein
also shall include the feminine; the plural shall include the singular and the
singular shall include the plural. 

2.      Severability. In
the event any provision of the Plan shall be held illegal or invalid for any
reason, such illegality or invalidity shall not affect the remaining parts of
the Plan, and the Plan shall be construed and enforced as if the illegal or
invalid provision had not been included. 

3.      Requirements of
Law. The granting of Awards and the issuance of Stock under the Plan shall
be subject to all applicable laws. 

4.      Governing Law. The
Plan and all Award agreements shall be construed in accordance with and governed
by the laws of the Province of British Columbia. 

5.      Captions. Captions
are provided herein for convenience only, and shall not serve as a basis for
interpretation or construction of the Plan.f8k121609ex10i_soact.htm

     

    Exhibit
10.1

     

     

    
      AGREEMENT

       

               THIS
AGREEMENT is made between SO ACT NETWORK, Inc. whose address is 10685-B
Hazelhurst Drive #6572, Houston, TX 77043(hereinafter referred to as "SAN"); and
VENTURE POINT NETWORK, 18352 Dallas Parkway, Dallas, TX 75287 (hereinafter
referred to as "VPN").

      

               WHEREAS,
SAN is in the business of providing a Social Network to the public for public
and private use as an online operating system and internal network;
and

      

               WHEREAS,
VPN is in the business of providing Investor Awareness Services to support
socially conscious investments; and

      

               WHEREAS,
SAN, during the period of time covered by this Agreement, will provide to VPN a
platform for VPN’s investor relations activities to utilize SAN’s technologies
to achieve VPN's goals of making the investing public knowledgeable about the
benefits of potential investments in clients of VPN; and

      

               WHEREAS,
SAN recognizes that VPN represents it is not in the business of stock brokerage,
investment advice, activities which require registration under either the
Securities Act of 1933 (hereinafter "the Act") or the Securities and Exchange
Act of 1934 (hereinafter "the Exchange Act"), underwriting, banking, is not an
insurance Company, nor does it offer services to SAN which may require
regulation under federal or state securities laws; and

      

               WHEREAS,
the parties agree, after having a complete understanding of the services desired
and the services to be provided, that SAN desires to provide such assistance
through its Network for VPN, and VPN is willing to move its existing 2000 member
high-net worth investor database to SAN and inform VPN’s complete investor
database (22 million investors) about the potential benefits of
SAN;

      

               NOW,
THEREFORE, in consideration of the mutual covenants and promises contained
herein, the receipt and sufficiency of which is hereby acknowledged, the parties
agree as follows:

      

               1.
DUTIES AND INVOLVEMENT.

      

      1a. VPN
and SAN agree to integrate VPN’s investor awareness database of 2000 high net
worth member subscribers into new accounts at SAN to support socially conscious
investments. SAN agrees to provide the necessary back-end programming to support
VPN subscribers.

      

      1b. VPN agrees to provide to SAN 10% of
VPN’s gross receipts in its investor relations business for two years. VPN
agrees that this amount will equal at least $25,000 per quarter paid in cash to
SAN by VPN bi-annually together with an accounting of receipts.

      

      1c. VPN built and maintains a
proprietary email database of more than 22 million broad-ranging investors.
Within 10 days of the signing of this agreement, SAN agrees to issue to VPN
100,000 shares of SAN’s Rule 144 Common stock (symbol: SOAN) in exchange for VPN
agreeing to make its full database aware of SAN via email within 45 days about
the outstanding benefits VPN subscribers will be afforded by joining SAN. SAN
will hold said shares in safe keeping for 45 days during which time VPN will
provide satisfactory verification to SAN in the form of server-logs from VPN
showing the broadcast has been successfully sent to VPN’s broad-ranging database
about SAN. Upon said verification SAN will provide said shares to VPN. Upon the
six month anniversary of the shares issuance date, SAN’s securities attorney
will provide the transfer agent an opinion letter and VPN will be able to trade
such shares at any time thereafter subject to VPN’s fulfillment of this
agreement in its entirety.

      

               2.
RELATIONSHIP AMONG THE PARTIES.

      

               VPN
acknowledges that it is not an officer, director or agent of SAN, it is not, and
will not, be responsible for any management decisions on behalf of SAN, and may
not commit SAN to any action. SAN represents that VPN does not have, through
stock ownership or otherwise, the power neither to control SAN, nor to exercise
any dominating influences over its management.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
 

               VPN
understands and acknowledges that this Agreement shall not create or imply any
agency relationship among the parties, and VPN will not commit SAN in any manner
except when a commitment has been specifically authorized in writing by SAN. SAN
and VPN agree that the relationship among the parties shall be that of
independent contractor.

      

               3.
EFFECTIVE DATE, TERM AND TERMINATION.

      

               This
Agreement shall be effective on December 15, 2009 and will continue, for a
minimum of two years.

      

               4.
OPTION TO RENEW AND EXTEND.

      

               This
Agreement is automatically renewable each year, until a 30 day notice of
termination is provided by email or certified mail. Additionally, in the event
the agreement is terminated at any time in the future, VPN will have the right
to continue its use, and its members’ use of the SAN network unless VPN has
breached this agreement and such breach gives cause to Terminate VPN. Further,
VPN agrees that any of its members may be individually terminated by SAN without
notice if they violate SAN’s Terms of Service.

      

               5.
COMPENSATION AND PAYMENT OF EXPENSES.

      

               SAN
and VPN both agree to be responsible for bearing their own costs to fulfill
their respective obligations under this agreement.

      

               6.
SERVICES NOT EXCLUSIVE.

      

               The
parties shall devote such of their time and effort necessary to the discharge of
their duties hereunder. The parties acknowledge that each is engaged in other
business activities, and that they will not be restricted from continuing to be
engaged in such activities during the term of this Agreement.

      

               7.
CONFIDENTIALITY.

      

               VPN
acknowledges that it may have access to confidential information regarding SAN
and its business. VPN agrees that it will not, during or subsequent to the term
of this Agreement, divulge, furnish or make accessible to any person (other than
with the written permission of SAN) any knowledge or information or plans of SAN
with respect to SAN or its business, including, but not by way of limitation,
the technology of SAN, whether in the concept or development stage, or being
marketed by SAN on the effective date of this Agreement or during the term
hereof.

      

               8.
COVENANT NOT TO COMPETE.

      

               During
the term of this Agreement, VPN warrants, represents and agrees that it will not
compete directly with SAN in SAN's primary industry or directly related
fields.

      

               9.
INDEMNIFICATION.

      

               VPN
agrees to indemnify and hold harmless the SAN and its respective agents and
employees, against any losses, claims, damages or liabilities, joint or several,
to which either party, or any such other person, may become subject, insofar as
such losses, claims, damages or liabilities (or actions, suits or proceedings in
respect thereof) arise out of or are based upon any untrue statement or alleged
untrue statement of any material fact contained in any representations or
prospectuses, made by VPN or its clients within SAN’s Network; or arising out of
or are based upon the omission or alleged omission to state therein a material
fact required to be stated therein, or necessary to make the statements therein
not misleading; and will reimburse SAN, or any such other person, for any legal
or other expenses reasonably incurred by SAN, or any such other person, in
connection with investigation or defending any such loss, claim, damage,
liability, or action, suit or proceeding.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      10.
ARBITRATION

       

      If a
dispute arises out of or relates to this Agreement, or the breach thereof, and
if said dispute cannot be settled through direct discussion, the parties agree
to first endeavor to settle the dispute in an amicable manner by mediation under
the Commercial Mediation Rules of the American Arbitration Association before
resorting to arbitration. Thereafter, any unresolved controversy or claim
arising out of or relating to this Agreement or a breach thereof shall be
settled by arbitration in accordance with the rules of the American Arbitration
Association, and judgment upon the award rendered by the Arbitrator may be
entered in any court having jurisdiction thereof.

      

               ii.
Any provisional remedy, which would be available from a court of law, shall be
available to the parties to this Agreement from the Arbitrator pending
arbitration.

      

               iii.
The site of the arbitration shall be Los Angeles, California

      

               iv.
In the event that a dispute results in arbitration, the parties agree that the
prevailing party shall be entitled to reasonable attorney's fees to be fixed by
the arbitrator.

      

      Notices.
All notices required or permitted to be given under this Agreement shall be
given in writing and shall be delivered, either personally or by express
delivery service, to the party to be notified. Notice to each party shall be
deemed to have been duly given upon delivery, personally or by courier (such as
Federal Express or similar express delivery service), addressed to the attention
of the officer at the address set forth heretofore, or to such other officer or
addresses as either party may designate, upon at least ten (10) days' written
notice, to the other party.

      

      Governing
law. The Agreement shall be construed by and enforced in accordance with the
laws of the State of Delaware.

      

      Entire
agreement. This Agreement contains the entire understanding and agreement among
the parties. There are no other agreements, conditions or representations, oral
or written, express or implied, with regard thereto. This Agreement may be
amended only in writing signed by all parties.

      

      Waiver. A
delay or failure by any party to exercise a right under this Agreement, or a
partial or single exercise of that right, shall not constitute a waiver of that
or any other right.

      

      Counterparts.
This Agreement may be executed in duplicate counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same
Agreement. In the event that the document is signed by one party and faxed to
another the parties agree that a faxed signature shall be binding upon the
parties to this agreement as though the signature was an original.

      

      Successors.
The provisions of this Agreement shall be binding upon all parties, their
successors and assigns.

      

      Counsel.
The parties expressly acknowledge that each has been advised to seek separate
counsel for advice in this matter and has been given a reasonable opportunity to
do so.

      

               IN
WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement
to be effective as of the day and year provided herein.

       

      
        
          	 	 	 	 	 
	
                  By: 
      /s/ Greg Halpern

                	 12-16-09	 	
                  By:
      /s/ Shannon Hutcheson

                	 12-16-09
	
                  Greg
      Halpern–CEO, So Act Network, Inc.

                	 	 	
                  Shannon
      Hutcheson-CEO, Venture Point Network

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