Document:

Exhibit 10.2 Demerger Agreement

May 29, 2002

Stratesec Incorporated and Kamran Hashemi agree to settle the outstanding
Stratesec lawsuit and any existing or potential claims against Stratesec,
Incorporated by Kamran Hashemi based on the following conditions: Stratesec/SFT
will:

1.   Drop its lawsuit and all legal  action  against you, and release Les Pendis
     liens against your property and your stock in Stratesec Incorporated.

2.   Convey to you or your entity the SSI GSA schedule and the Army BPA.

3.   Convey title and ownership to you or your entity all physical assets of the
     former SSI such as:

o    Dump trucks, forklift, ditch witch, boring machine, cable, etc.

4.   Forgive the $327,000 plus accrued  interest note between you and SSI, which
     conveyed to Stratesec Incorporated.

5.   Convey: All contracts completed under the former SSI name.

6.   SFT will drop its  lawsuit  and will  relieve you from any and all past and
     current claims and causes of action.

In return for the above, you agree to the following:

1.   You return 2 million shares of Stratesec (SFT) and all outstanding  options
     to purchase stock will be cancelled.

2.   You resign from the Board

3.   You  release  Stratesec  from any past and  current  claims  and  causes of
     action.

Your signature below confirms this agreement:
Accepted:
/s/ BARRY MCDANIEL
-------------------
Barry McDaniel
/s/ KAMRAN HASHEMI
-------------------
Kamran Hashemi1995 Stock Plan

	

AlphaNet Solutions, Inc.

1995 STOCK PLAN

     1.      Purposes
of the Plan.  The purposes of this Stock Plan are to attract and retain the best
available personnel for positions of substantial responsibility, to provide additional
incentive to Employees and Consultants of the Company and its Subsidiaries and to promote
the success of the Company’s business. Options granted under the Plan may be
incentive stock options (as defined under Section 422 of the code) or non-statutory stock
options, as determined by the Administrator at the time of grant of an option and subject
to the applicable provisions of Section 422 of the Code, as amended, and the regulations
promulgated thereunder. Stock purchase rights may also be granted under the Plan.  

     2.     
Certain Definitions.  As used herein, the following definitions shall apply: 

          (a)
     “Administrator” means the Board or any of its Committees appointed pursuant to Section 4
of the Plan. 

          (b)
     “Board” means the Board of Directors of the Company. 

          (c)
     “Code” means the Internal Revenue Code of 1986, as amended. 

          (d)
     “Committee” means the Committee appointed by the Board of Directors in accordance with
paragraph (a) of Section 4 of the Plan. 

          (e)
     “Common Stock” means the Common Stock of the Company. 

          (f)
     “Company” means AlphaNet Solutions, Inc., a New Jersey corporation. 

          (g)
     “Consultant” means any person, including an advisor, who is engaged by the Company or any
Parent or subsidiary to render services and is compensated for such services, and any
director of the Company whether compensated for such services or not, provided that if
and in the event the Company registers any class of any equity security pursuant to the
Exchange Act, the term Consultant shall thereafter not include directors who are not
compensated for their services or are paid only a director’s fee by the Company.  

          (h)
     “Continuous Status as an Employee” means the absence of any interruption or termination
of the employment relationship by the Company or any Subsidiary. Continuous Status as an
Employee shall not be considered interrupted in the case of: (i) sick leave; (ii)
military leave; (iii) any other leave of absence approved by the Board, provided that
such leave is for a period of not more than ninety (90) days, unless reemployment upon
the expiration of such leave is guaranteed by contract or statute, or unless provided
otherwise pursuant to Company policy adopted from time to time; or (iv) transfers between
locations of the Company or between the Company, its Subsidiaries or its successor.  

          (i)
     “Employee” means any person, including officers and directors, employed by the Company or
any Parent or Subsidiary of the Company. The payment of a director’s fee by the
company shall not be sufficient to constitute “employment” by the Company.  

          (j)
     “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

          (k)
     “Fair Market Value” means, as of any date, the value of Common Stock determined as
follows: 

          
     (i)      If
the Common Stock is listed on any established stock exchange or a national market system
including without limitation the National Market System of the National Association of
Securities Dealers, Inc Automated Quotation (“Nasdaq”) System, its Fair Market
Value shall be the closing sales price for such stock (or the closing bid, if no sales
were reported) as quoted on such system or exchange for the last market trading day prior
to the time of determination as reported in the Wall Street Journal or such other source
as the Administrator deems reliable or;  

               (ii)
     If the Common Stock is quoted on Nasdaq (but not on the National Market System thereof)
or regularly quoted by a recognized securities dealer but selling prices are not
reported, its Fair Market Value shall be the mean between the high and low asked prices
for the Common Stock or;  

               (iii)
     In the absence of an established market for the Common Stock, the Fair Market Value
thereof shall be determined in good faith by the Administrator. 

          (l)
     “Incentive Stock Option” means an Option intended to qualify as an incentive stock option
within the meaning of Section 422 of the Code. 

          (m)
     “Nonstatutory Stock Option” means an Option not intended to qualify as an Incentive Stock
Option. 

          (n)
     “Option” means a stock option granted pursuant to the Plan. 

          (o)
     “Optioned Stock” means the Common Stock subject to an Option. 

          (p)
     “Optionee” means an Employee or Consultant who receives an Option. 

          (q)
     “Parent” means a “parent corporation”, whether now or hereafter existing, as defined in
Section 424(e) of the Code. 

          (r)
     “Plan” means this 1995 Stock Plan. 

          (s)
     “Restricted Stock” means shares of Common Stock acquired pursuant to a grant of stock
purchase rights under Section 11 below. 

          (t)
     “Share” means a share of the Common Stock, as adjusted in accordance with Section 13 of
the Plan. 

          (u)
     “Subsidiary” means a “subsidiary corporation”, whether now or hereafter existing, as
defined in Section 424(f) of the Code. 

     3.
     Stock Subject to the Plan.  Subject to the provisions of Section 13 of the Plan, the
maximum aggregate number of shares which may be optioned and sold under the Plan is
1,500,000 shares of Common Stock. The shares may be authorized, but unissued, or
reacquired Common Stock. 

          If an
option should expire or become unexercisable for any reason without having been exercised
in full, the unpurchased Shares which were subject thereto shall, unless the Plan shall
have been terminated, become available for future grant under the Plan.  

     4.
     Administration of the Plan. 

          (a)
     Procedure. 

               (i)
     Administration With Respect to Directors and officers.  With respect to grants of Options
or stock purchase rights to Employees who are also officers or directors of the Company,
the Plan shall be administered by (A) the board if the Board may administer the Plan in
compliance with Rule 16b-3 promulgated under the Exchange Act or any successor thereto (“Rule
16b-3”) with respect to a plan intended to qualify thereunder as a discretionary
plan, or (B) a Committee designated by the Board to administer the Plan, which Committee
shall be constituted in such a manner as to permit the Plan to comply with Rule 16b-3
with respect to a plan intended to qualify thereunder as a discretionary plan. Once
appointed, such Committee shall continue to serve in its designated capacity until
otherwise directed by the Board. From time to time the Board may increase the size of the
Committee and appoint additional members thereof, remove members (with or without cause)
and appoint new members in substitution therefor, fill vacancies, however caused, and
remove all members of the Committee and thereafter directly administer the Plan, all to
the extent permitted by Rule 16b-3 with respect to a plan intended to qualify thereunder
as a discretionary plan.  

               (ii)
     Multiple Administrative Bodies.  If permitted by Rule 16b-3, the Plan may be administered
by different bodies with respect to directors, non-director officers and Employees who
are neither directors nor officers.  

               (iii)
     Administration With Respect to Consultants and Other Employees.  With respect to grants of
Options or stock purchase rights to Employees or Consultants who are neither directors
nor officers of the Company, the Plan shall be administered by (A) the Board or (B) a
Committee designated by the Board, which Committee shall be constituted in such a manner
as to satisfy the legal requirements relating to the administration of incentive stock
option plans, if any, of New Jersey corporate law and applicable securities laws and of
the Code (the “Applicable Laws”). Once appointed, such Committee shall continue
to serve in its designated capacity until otherwise directed by the Board. From time to
time the Board may increase the size of the Committee and appoint additional members
thereof, remove members (with or without cause) and appoint new members in substitution
therefor, fill vacancies, however caused, and remove all members of the Committee and
thereafter directly administer the Plan, all to the extent permitted by the Applicable
Laws.  

          (b)
     Powers of the Administrator.  Subject to the provisions of the Plan and in the case of a
Committee, the specific duties delegated by the Board to such Committee, the
Administrator shall have the authority, in its discretion:  

               (i)
     to determine the Fair Market Value of the Common Stock, in accordance with Section 2(k) of
the Plan; 

               (ii)
     to select the officers, Consultants and Employees to whom Options and stock purchase
rights may from time to time be granted hereunder; 

               (iii)
     to determine whether and to what extent Options and stock purchase rights or any
combination thereof, are granted hereunder; 

               (iv)
     to determine the number of shares of Common Stock to be covered by each such award
granted hereunder; 

               (v) to
     approve forms of agreement for use under the Plan; 

               (vi)
     to determine the terms and conditions, not inconsistent with the terms of the Plan, of
any award granted hereunder (including, but not limited to, the share price and any
restriction or limitation or waiver of forfeiture restrictions regarding any Option or
other award and/or the shares of Common Stock relating thereto, based in each case on
such factors as the Administrator shall determine, in its sole discretion);  

               (vii)
     to determine whether and under what circumstances an Option may be settled in cash under
subsection 9(f) instead of Common Stock; 

               (viii)
     to determine whether, to what extent and under what circumstances Common Stock and other
amounts payable with respect to an award under this Plan shall be deferred either
automatically or at the election of the participant (including providing for and
determining the amount, if any, of any deemed earnings on any deferred amount during any
deferral period);  

               (ix)
     to reduce the exercise price of any Option to the then current Fair Market Value if the
Fair Market Value of the Common Stock covered by such Option shall have declined since
the date the Option was granted; and  

               (x) to
     determine the terms and restrictions applicable to stock purchase rights and the
Restricted Stock purchased by exercising such stock purchase rights.  

          (c)
     Effect of Committee’s Decision.  All decisions, determinations and interpretations of the
Administrator shall be final and binding on all Optionees and any other holders of any
Options. 

     5.
     Eligibility. 

          (a)
     Nonstatutory Stock Options may be granted to Employees and Consultants.  Incentive Stock
Options may be granted only to Employees. An Employee or Consultant who has been granted
an Option may, if he is otherwise eligible, be granted an additional Option or Options.  

          (b)
     Each Option shall be designated in the written option agreement as either an Incentive
Stock Option or a Nonstatutory Stock Option. However, notwithstanding such designations,
to the extent that the aggregate Fair Market Value of the Shares with respect to which
Options designated as Incentive Stock Options are exercisable for the first time by any
optionee during any calendar year (under all plans of the Company or any Parent or
Subsidiary) exceeds $100,000, such excess Options shall be treated as Nonstatutory Stock
Options.  

          (c)
     For purposes of Section 5(b), Incentive Stock Options shall be taken into account in the
order in which they were granted, and the Fair Market Value of the Shares shall be
determined as of the time the Option with respect to such Shares is granted.  

          (d)
     The Plan shall not confer upon any Optionee any right with respect to continuation of
employment or consulting relationship with the Company, nor shall it interfere in any way
with his right or the Company’s right to terminate his employment or consulting
relationship at any time, with or without cause.  

     6.      Term
of Plan.  The Plan shall become effective upon the earlier to occur of its adoption by
the Board of Directors or its approval by the shareholders of the Company as described in
Section 19 of the Plan. It shall continue in effect for a term of ten (10) years unless
sooner terminated under Section 15 of the Plan.  

     7.      Term
of Option.  The term of each Option shall be the term stated in the Option Agreement;
provided, however, that in the case of an Incentive Stock Option, the term shall be no
more than ten (10) years from the date of grant thereof or such shorter term as may be
provided in the Option Agreement. However, in the case of an Option granted to an
Optionee who, at the time the Option is granted, owns stock representing more than ten
percent (10%) of the voting power of all classes of stock of the Company or any Parent or
Subsidiary, the term of the Option shall be five (5) years from the date of grant thereof
or such shorter term as may be provided in the Option Agreement.  

     8.
     Option Exercise Price and Consideration. 

          (a)
     The per share exercise price for the Shares to be issued pursuant to exercise of an
Option shall be such price as is determined by the Board, but shall be subject to the
following: 

               (i)
     In the case of an Incentive Stock Option 

                    
(A)     
granted to an Employee who, at the time of the grant of such Incentive Stock Option, owns
stock representing more than ten percent (10%) of the voting power of all classes of
stock of the Company or any Parent or Subsidiary, the per Share exercise price shall be
no less than 110% of the Fair Market Value per Share on the date of grant.  

                    
(B)     granted to any Employee, the per Share exercise price shall be no less than 100% of the
Fair market Value per Share on the date of grant.  

               (ii)
     In the case of a Nonstatutory Stock Option 

                    
(A)     granted to a person who, at the time of the grant of such Option, owns stock representing
more than ten percent (10%) of the voting power of all classes of stock of the Company or
any Parent or Subsidiary, the per Share exercise price shall be no less than 110% of the
Fair Market Value per Share on the date of the grant.  

               
     (B)     granted to any person, the per Share exercise price shall be no less than 85% of the Fair
Market Value per Share on the date of grant.  

          (b)
     The consideration to be paid for the Shares to be issued upon exercise of an Option,
including the method of payment, shall be determined by the Administrator (and, in the
case of an Incentive Stock Option, shall be determined at the time of grant) and may
consist entirely of (1) cash, (2) check, (3) promissory note, (4) other Shares which (x)
in the case of Shares acquired upon exercise of an Option either have been owned by the
Optionee for more than six months on the date of surrender or were not acquired, directly
or indirectly, from the Company, and (y) have a Fair Market Value on the date of
surrender equal to the aggregate exercise price of the Shares as to which said Option
shall be exercised, (5) authorization from the Company to retain from the total number of
Shares as to which the Option is exercised that number of Shares having a Fair Market
Value on the date of exercise equal to the exercise price for the total number of Shares
as to which the option is exercised, (6) delivery of a properly executed exercise notice
together with irrevocable instructions to a broker to promptly deliver to the Company the
amount of sale or loan proceeds required to pay the exercise price, (7) by delivering an
irrevocable subscription agreement for the Shares which irrevocably obligates the option
holder to take and pay for the Shares not more than twelve months after the date of
delivery of the subscription agreement, (8) any combination of the foregoing methods of
payment, or (9) such other consideration and method of payment for the issuance of Shares
to the extent permitted under Applicable Laws. In making its determination as to the type
of consideration to accept, the Administrator shall consider if acceptance of such
consideration may be reasonably expected to benefit the Company.  

     9.
     Exercise of Option. 

          (a)
     Procedure for Exercise; Rights as a Shareholder.  Any Option granted hereunder shall be
exercisable at such times and under such conditions as determined by the Administrator,
including performance criteria with respect to the Company and/or the Optionee, and as
shall be permissible under the terms of the Plan.  

               
An Option may not be exercised for a fraction of a Share.  

               
An Option shall be deemed to be exercised when written notice of such exercise has been
given to the Company in accordance with the terms of the Option by the person entitled to
exercise the Option and full payment for the Shares with respect to which the Option is
exercised has been received by the Company. Full payment may, as authorized by the
Administrator, consist of any consideration and method of payment allowable under Section
8(b) of the Plan. Until the issuance (as evidenced by the appropriate entry on the books
of the Company or of a duly authorized transfer agent of the Company) of the stock
certificate evidencing such Shares, no right to vote or receive dividends or any other
rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding
the exercise of the Option. The Company shall issue (or cause to be issued) such stock
certificate promptly upon exercise of the Option. No adjustment will be made for a
dividend or other right for which the record date is prior to the date the stock
certificate is issued, except as provided in Section 11 of the Plan.  

               
Exercise of an Option in any manner shall result in a decrease in the number of Shares which
thereafter may be available, both for purposes of the Plan and for sale under the Option,
by the number of Shares as to which the Option is exercised.  

          (b)
     Termination of Employment.  In the event of termination of an Optionee's consulting
relationship or Continuous Status as an Employee with the Company (as the case may be),
such Optionee may, but only within ninety (90) days (or such other period of time as is
determined by the Board, with such determination in the case of an Incentive Stock Option
being made at the time of grant of the Option and not exceeding ninety (90) days after
the date of such termination (but in no event later than the expiration date of the term
of such Option as set forth in the Option Agreement), exercise his Option to the extent
that Optionee was entitled to exercise it at the date of such termination. To the extent
that Optionee was not entitled to exercise the Option at the date of such termination, or
if Optionee does not exercise such Option to the extent so entitled within the time
specified herein, the Option shall terminate.  

          (c)
     Disability of Optionee.  Notwithstanding the provisions of Section 9(b) above, in the
event of termination of an Optionee’s consulting relationship or Continuous Status
as an Employee as a result of his total and permanent disability (as defined in Section
22(e)(3) of the Code), Optionee may, but only within twelve (12) months from the date of
such termination (but in no event later than the expiration date of the term of such
Option as set forth in the Option Agreement), exercise the Option to the extent otherwise
entitled to exercise it at the date of such termination. To the extent that Optionee was
not entitled to exercise the Option at the date of termination, or if Optionee does not
exercise such Option to the extent so entitled within the time specified herein, the
Option shall terminate.  

          (d)
     Death of Optionee.  In the event of the death of an Optionee, the Option may be exercised,
at any time within twelve (12) months following the date of death (but in no event later
than the expiration date of the term of such Option as set forth in the Option
Agreement), by the Optionee’s estate or by a person who acquired the right to
exercise the Option by bequest or inheritance, but only to the extent the Optionee was
entitled to exercise the Option at the date of death. To the extent that Optionee was not
entitled to exercise the Option at the date of termination, or if Optionee does not
exercise such Option to the extent so entitled within the time specified herein, the
Option shall terminate.  

          (e)
     Rule 16b-3.  Options granted to persons subject to Section 16(b) of the Exchange Act must
comply with Rule 16b-3 and shall contain such additional conditions or restrictions as
may be required thereunder to qualify for the maximum exemption from Section 16 of the
Exchange Act with respect to Plan transactions.  

          (f)
     Buyout Provisions.  The Administrator may at any time offer to buy out for a payment in
cash or Shares, an Option previously granted, based on such terms and conditions as the
Administrator shall establish and communicate to the Optionee at the time that such offer
is made.  

     10.      Non-Transferability
of Options.  The Option may not be sold, pledged, assigned, hypothecated, transferred,
or disposed of in any manner other than by will or by the laws of descent or distribution
and may be exercised during the lifetime of the Optionee, only the Optionee. The terms of
the Option shall be binding upon the executors, administrators, heirs, successors and
assigns of the Optionee.  

     11.     
Stock Purchase Rights. 

          (a)
     Rights to Purchase.  Stock purchase rights may be issued either alone, in addition to, or
in tandem with other awards granted under the Plan and/or cash awards made outside of the
Plan. After the Administrator determines that it will offer stock purchase rights under
the Plan, it shall advise the offeree in writing of the terms, conditions and
restrictions related to the offer, including the number of Shares that such person shall
be entitled to purchase, the price to be paid (which price shall not be less than 50% of
the Fair Market Value of the Shares as of the date of the offer), and the time within
which such person must accept such offer, which shall in no event exceed thirty (30) days
from the date upon which the Administrator made the determination to grant the stock
purchase right. The offer shall be accepted by execution of a Restricted Stock purchase
agreement in the form determined by the Administrator.  

          (b)
     Repurchase Option.  Unless the Administrator determines otherwise, the Restricted Stock
purchase agreement shall grant the Company a repurchase option exercisable upon the
voluntary or involuntary termination of the purchaser’s employment with the Company
for any reason (including death or Disability). The purchase price for Shares repurchased
pursuant to the Restricted Stock purchase agreement shall be the original price paid by
the purchaser and may be paid by cancellation of any indebtedness of the purchaser to the
Company. The repurchase option shall lapse at such rate as the Committee may determine.  

          (c)
     Other Provisions.  The Restricted Stock purchase agreement shall contain such other terms,
provisions and conditions not inconsistent with the Plan as may be determined by the
Administrator in its sole discretion. In addition, the provisions of Restricted Stock
purchase agreements need not be the same with respect to each purchaser.  

          (d)
     Rights as a Shareholder.  Once the stock purchase right is exercised, the purchaser shall
have the rights equivalent to those of a shareholder, and shall be a shareholder when his
or her purchase is entered upon the records of the duly authorized transfer agent of the
Company. No adjustment will be made for a dividend or other right for which the record
date is prior to the date the stock purchase right is exercised, except as provided in
Section 13 of the Plan.  

     12.      Stock
Withholding to Satisfy Withholding Tax Obligations.  At the discretion of the
Administrator, Optionees may satisfy withholding obligations as provided in this
paragraph. When an Optionee incurs tax liability in connection with an Option or stock
purchase right, which tax liability is subject to tax withholding under applicable tax
laws, and the Optionee is obligated to pay the Company an amount required to be withheld
under applicable tax laws, the Optionee may satisfy the withholding tax obligation by
electing to have the Company withhold from the Shares to be issued upon exercise of the
Option, or the Shares to be issued in connection with the stock purchase right, if any,
that number of Shares having a Fair Market Value equal to the amount required to be
withheld. The Fair Market Value of the Shares to be withheld shall be determined on the
date that the amount of tax to be withheld is to be determined (the “Tax Date”).  

     All
elections by an Optionee to have Shares withheld for this purpose shall be made in
writing in a form acceptable to the Administrator and shall be subject to the following
restrictions:  

          (a)
     the election must be made on or prior to the applicable Tax Date; 

          (b)
     once made, the election shall be irrevocable as to the particular Shares of the Option or
Right as to which the election is made; 

          (c)
     all elections shall be subject to the consent or disapproval of the Administrator; 

          (d)
     if the Optionee is subject to Rule 16b-3, the election must comply with the applicable
provisions of Rule 16b-3 and shall be subject to such additional conditions or
restrictions as may be required thereunder to qualify for the maximum exemption from
Section 16 of the Exchange Act with respect to Plan transactions.  

     In the
event the election to have Shares withheld is made by an Optionee and the Tax Date is
deferred under Section 83 of the Code because no election is filed under Section 83(b) of
the Code, the Optionee shall receive the full number of Shares with respect to which the
Option or stock purchase right is exercised but such Optionee shall be unconditionally
obligated to tender back to the Company the proper number of Shares on the Tax Date.  

     13.     Adjustments
Upon Changes in Capitalization or Merger.  Subject to any required action by the
shareholders of the Company, the number of shares of Common Stock covered by each
outstanding Option, and the number of shares of Common Stock which have been authorized
for issuance under the Plan but as to which no Options have yet been granted or which
have been returned to the Plan upon cancellation or expiration of an Option, as well as
the price per share of Common Stock covered by each such outstanding Option, shall be
proportionately adjusted for any increase or decrease in the number of issued shares of
Common Stock resulting from a stock split, reverse stock split, stock dividend,
combination or reclassification of the Common Stock, or any other increase or decrease in
the number of issued shares of Common Stock effected without receipt of consideration by
the Company; provided, however, that conversion of any convertible securities of the
Company shall not be deemed to have been “effected without receipt of consideration.” Such
adjustment shall be made by the board, whose determination in that respect shall be
final, binding and conclusive. Except as expressly provided herein, no issuance by the
Company of shares of stock of any class, or securities convertible into shares of stock
of any class, shall affect, and no adjustment by reason thereof shall be made with
respect to, the number or price of shares of Common Stock subject to an Option.  

     In the
event of the proposed dissolution or liquidation of the Company, the Board shall notify
the Optionee at least fifteen (15) days prior to such proposed action. To the extent it
has not been previously exercised, the Option will terminate immediately prior to the
consummation of such proposed action. In the event of a merger or consolidation of the
Company with or into another corporation or the sale of all or substantially all of the
Company’s assets (hereinafter, a “merger”), the Option shall be assumed or
an equivalent option shall be substituted by such successor corporation or a parent or
subsidiary of such successor corporation. In the event that such successor corporation
does not agree to assume the Option or to substitute an equivalent option, the Board
shall, in lieu of such assumption or substitution, provide for the Optionee to have the
right to exercise the Option as to all of the Optioned Stock, including Shares as to
which the Option would not otherwise be exercisable. If the Board makes an Option fully
exercisable in lieu of assumption or substitution in the event of a merger, the Board
shall notify the Optionee that the Option shall be fully exercisable for a period of
fifteen (15) days from the date of such notice, and the Option will terminate upon the
expiration of such period. For the purposes of this paragraph, the Option shall be
considered assumed if, following the merger, the Option or right confers the right to
purchase, for each Share of stock subject to the Option immediately prior to the merger,
the consideration (whether stock, cash, or other securities or property) received in the
merger by holders of Common Stock for each Share held on the effective date of the
transaction (and if holders were offered a choice of consideration, the type of
consideration chosen by the holders of a majority of the outstanding Shares); provided,
however, that if such consideration received in the merger was not solely common stock of
the successor corporation or its Parent, the Board may, with the consent of the successor
corporation and the participant, provide for the consideration to be received upon the
exercise of the Option, for each Share of stock subject to the Option, to be solely
common stock of the successor corporation or its Parent equal in Fair Market Value to the
per share consideration received by holders of Common Stock in the merger or sale of
assets.  

     14.      Time
of Granting Options.  The date of grant of an Option shall, for all purposes, be the
date on which the Administrator makes the determination granting such Option, or such
other date as is determined by the Board. Notice of the determination shall be given to
each Employee or Consultant to whom an Option is so granted within a reasonable time
after the date of such grant.  

     15.     
Amendment and Termination of the Plan. 

          (a)
     Amendment and Termination.  The Board may at any time amend, alter, suspend or discontinue
the Plan, but no amendment, alteration, suspension or discontinuation shall be made which
would impair the rights of any Optionee under any grant theretofore made, without his or
her consent. In addition, to the extent necessary and desirable to comply with Rule 16b-3
under the Exchange Act or with Section 422 of the Code (or any other applicable law or
regulation, including the requirements of the NASD or an established stock exchange), the
Company shall obtain shareholder approval of any Plan amendment in such a manner and to
such a degree as required.  

          (b)
     Effect of Amendment or Termination.  Any such amendment or termination of the Plan shall
not affect Options already granted and such Options shall remain in full force and effect
as if this Plan had not been amended or terminated, unless mutually agreed otherwise
between the Optionee and the Board, which agreement must be in writing and signed by the
Optionee and the Company.  

     16.      Conditions
Upon Issuance of Shares.  Shares shall not be issued pursuant to the exercise of an
Option unless the exercise of such Option and the issuance and delivery of such Shares
pursuant thereto shall comply with all relevant provisions of law, including, without
limitation, the Securities Act of 1933, as amended, the Exchange Act, the rules and
regulations promulgated thereunder, and the requirements of any stock exchange upon which
the Shares may then be listed, and shall be further subject to the approval of counsel
for the Company with respect to such compliance.  

     As a
condition to the exercise of an Option, the Company may require the person exercising
such Option to represent and warrant at the time of any such exercise that the Shares are
being purchased only for investment and without any present intention to sell or
distribute such Shares if, in the opinion of counsel for the Company, such a
representation is required by any of the aforementioned relevant provisions of law.  

     17.     
Reservation of Shares.  The Company, during the term of this Plan, will at all times
reserve and keep available such number of Shares as shall be sufficient to satisfy the
requirements of the Plan. 

     The
inability of the Company to obtain authority from any regulatory body having
jurisdiction, which authority is deemed by the Company’s counsel to be necessary to
the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any
liability in respect of the failure to issue or sell such Shares as to which such
requisite authority shall not have been obtained.  

     18.     
Agreements.  Options and stock purchase rights shall be evidenced by written agreements in
such form as the board shall approve from time to time. 

     19.     
Shareholder Approval.  Continuance of the Plan shall be subject to approval by the
shareholders of the Company within twelve (12) months before or after the date the Plan
is adopted. Such shareholder approval shall be obtained in the degree and manner required
under applicable state and federal law. 

     20.     Information
to Optionees.  The Company shall provide to each Optionee, during the period for which
such Optionee has one or more Options outstanding, copies of all annual reports and other
information which are provided to all shareholders of the Company. The Company shall not
be required to provide such information if the issuance of Options under the Plan is
limited to key employees whose duties in connection with the Company assure their access
to equivalent information.

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