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                                                                    EXHIBIT 4.01

                                   INTUIT INC.

                             STOCK OPTION AGREEMENT

Dated as of:  _____________________

To:  Michael D. Hollerbach

Intuit (the "Company") hereby grants you an option (the "Option") to purchase
28,991 shares of Common Stock, par value $0.01 per share, of the Company (the
"Shares") at $____ per Share, upon the terms and conditions contained in this
Stock Option Agreement. Capitalized and defined terms not defined in this Stock
Option Agreement shall have meanings ascribed to them in the Amended and
Restated Rock Financial Corporation 1996 Stock Option Plan (the "1996 Plan").

1.      Nonqualified Option. The Option is intended to be a Nonqualified Stock
Option.

2.      Transferability. The Option may not be transferred by you otherwise than
by will or by the laws of descent and distribution and, during your lifetime,
the Option is exercisable only by you.

3.      Vesting. Subject to the other terms contained in this Stock Option
Agreement, you may exercise the Option in accordance with the following
schedule:

(a)     Before __________________, you may not purchase any of the Shares.

(b)     Beginning on ____________________, you may purchase up to 20% of the
        Shares.

(c)     Beginning on ______________________, you may purchase up to 40% of the
        Shares, including Shares previously purchased.

(d)     Beginning on _______________, you may purchase up to 60% of the Shares,
        including Shares previously purchased.

(e)     Beginning on __________________, you may purchase up to 80% of the
        Shares, including Shares previously purchased.

(f)     Beginning on ___________________, you may purchase up to 100% of the
        Shares, including Shares previously purchased.

4.      Term.

(a)     General Term. Subject to earlier termination of the Option upon your
        death, permanent disability or termination of employment with the
        Company (voluntarily or involuntarily and with or without cause), which
        are governed by Paragraph 13 of the 1996 Plan, the Option will expire
        (to the extent not previously exercised) on the tenth anniversary of the
        date of this Stock Option Agreement.

(b)     Special Termination Provisions. The purpose of this Stock Option
        Agreements is to provide you with an increased incentive to make
        significant and extraordinary contributions to the long-term performance
        and growth of the Company and its Subsidiaries, and to join your
        interests with the interests of the shareholders of the Company. You
        acknowledge that the Company expends considerable time, money and
        resources in recruiting, training and developing the skills and
        abilities of its employees, developing business relationships with
        referral sources and customers

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        so as to improve the good will of the Company, establishing and
        maintaining close business relationships between employees and the
        Company's customers and obtaining, compiling and developing confidential
        customers lists, various internal computer reports and other proprietary
        business information not readily available to the public or through
        other sources. You agree that the provisions in this Section 4 are
        necessary to preserve and protect the legitimate business interests of
        the Company. In return for granting this Option to you, notwithstanding
        any other term of this Option to the contrary, you agree to the
        following:

        (1)    Forfeiture of Option Gain if You Leave the Company Within One
               Year After Exercise. If you exercise any portion of this Option
               and your employment with the Company terminates within one year
               after such exercise for any reason except death, disability,
               normal retirement or termination by the Company without "cause",
               then the gain represented by the fair market value of a Share,
               determined pursuant to Paragraph 8 of the 1996 Plan, on the date
               of such exercise over the exercise price, multiplied by the
               number of Shares you purchased ("option gain"), without regard to
               any subsequent increase or decrease in fair market value, shall
               be paid by you to the Company.

        (2)    Forfeiture of Option Gain and Unexercised Options if You Engage
               In Certain Activities. If, at any time within (i) one year after
               termination of your employment with the Company, or (ii) one year
               after you exercise any portion of this Option, whichever is
               later, you engage in any activity in competition with any
               activity of the Company or inimical, contrary or harmful to the
               interests of the Company, including, but not limited to,

               (A)    conduct related to your employment for which either
                      criminal or civil penalties against you may be sought,

               (B)    violation of published Company policies, including,
                      without limitation, the Company's insider trading policy,

               (C)    owning, maintaining, operating or engaging in the same or
                      similar line of business or activity as the Company or any
                      Subsidiary or in any business or activity that competes
                      with the Company or any Subsidiary ("Competing Business")
                      in any county of any state in which (1) the Company or any
                      Subsidiary is operating a prime or sub-prime mortgage loan
                      origination office, or 2) the Company is licensed, or
                      exempt from licensing, (to originate prime or sub-prime
                      mortgages,

               (D)    accepting employment with or serving as a consultant,
                      advisor or in any other capacity to an employer
                      (including, without limitation, any individual, firm,
                      agency, partnership, limited liability company,
                      unincorporated association, corporation or
                      pre-incorporated association ("Person or Entity") that is
                      a Competing Business or is acting against the interests of
                      the Company or any Subsidiary,

               (E)    undertaking any efforts or activities toward
                      pre-incorporating, incorporating, financing or commencing
                      any Competing Business,

               (F)    advising, serving, or consulting with any Person or Entity
                      which is or will be undertaking efforts towards
                      incorporating, financing or commencing any Competing
                      Business or activity which engages in a Competing
                      Business,

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               (G)    employing, offering employment to, soliciting for the
                      purpose of employing or recruiting any present, former or
                      future employee of the Company or any Subsidiary for or on
                      behalf of any Person or Entity,

               (H)    calling upon, soliciting, diverting or referring to any
                      Person or Entity customers or referral sources of the
                      Company or any Subsidiary who have conducted business with
                      the Company or any Subsidiary within the two years before
                      the time in question,

               (I)    disclosing, copying, communicating, distributing,
                      revealing, or using any confidential information,
                      material, trade secrets, proprietary information, or
                      confidential business information concerning the Company,
                      any Subsidiary or any of their customers ("Confidential
                      Information"), except as your employment duties with the
                      Company or a Subsidiary may require during your employment
                      with the Company or a Subsidiary,

               (J)    failing to return any Confidential Information or any
                      documents, records, files, lists and the like (including
                      originals and copies) containing Confidential Information
                      immediately upon your termination or separation of
                      employment with the Company or any Subsidiary, or

               (K)    participating in a hostile takeover attempt of the Company
                      or any Subsidiary, then (y) this Option shall terminate
                      effective on the date on which you enter into such
                      activity, unless terminated sooner by operation of another
                      term or condition of this Stock Option Agreement, and (z)
                      any option gain realized by you from exercising all or a
                      portion of this Option shall be paid by you to the
                      Company.

        (3)    Right of Set-off. By accepting this Option, you consent to a
               deduction from any amounts the Company or any Subsidiary owes to
               you from time to time (including amounts owed to you as wages or
               other compensation, fringe benefits, or vacation pay, as well as
               any other amounts owed to you by the Company or any Subsidiary),
               to the extent of the amounts you owe the Company under Sections
               4(b)(1) and (b)(2) above. Whether or not the Company elects to
               make any set-off in whole or in part, if the Company does not
               recover by means of set-off the full amount you owe it,
               calculated as set forth above, you agree to pay immediately the
               unpaid balance to the Company.

        (4)    Committee Discretion. You may be released from all or any portion
               of your obligations under Sections 4(b)(1), 4(b)(2) and 4(b)(3)
               above only if the Company's Compensation Committee (the
               "Committee") (or its duly appointed agent) determines in its
               Discretion that such action is in the best interests of the
               Company.

(c)     Cause. For purposes of this Option, "cause" has the same meaning as in
        your employment agreement with the Company, if any, or if you do not
        have an employment agreement with the Company, "cause" means the
        occurrence of any of the following:

        (1)    A material breach of any term or provision of your employment
               agreement, if any, with the Company or a Subsidiary, the
               Company's employment policies, or this Stock Option Agreement.

        (2)    Your failure to perform your duties of employment in a reasonable
               and business-like manner.

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        (3)    Your conviction of a felony or any crime involving moral
               turpitude, including, without limitation, crimes involving drugs
               or liquor, regardless of whether appealed.

        (4)    Your commission of, or participation in, any act of fraud, false
               pretense, forgery, embezzlement or dishonesty against the Company
               or any Subsidiary.

        (5)    Your commission of, or participation in, any other act or
               omission, wantonly, willfully, or recklessly, or in a manner that
               is negligent against, and having an adverse effect upon, the
               affairs of the Company or any Subsidiary.

        (6)    Your substantial dependence on any mind altering or other harmful
               substance, including, without limitation, alcohol, marijuana,
               amphetamines, barbiturates, LSD, cocaine, narcotic drugs, or any
               natural or synthetic substance having the same or similar effects
               as any of the foregoing, to the extent that such use would
               constitute reasonable cause for termination under applicable law.

5.      Exercise of the Option. The Option shall be exercised by giving a
written notice of exercise to the Company's Stock Administration Department.
Such notice shall specify the number of Shares to be purchased and shall be
accompanied by payment in full in cash (or in such other manner as is approved
by the Committee and allowed under the 1996 Plan) of the aggregate option price
for the number of Shares purchased. Such exercise shall be effective only upon
the actual receipt of such written notice and such exercise price, and no rights
or privileges of a shareholder of the Company in respect of any of the Shares
issuable upon the exercise of any part of the Option shall inure to you, or any
other person entitled to exercise the Option, unless and until certificates
representing such Shares shall have been issued.

6.      No Employment Rights. Nothing contained in this Stock Option Agreement,
nor any action taken by the Committee, shall confer upon you any right with
respect to the continuation of your employment by the Company or any Subsidiary,
nor interfere in any way Subsidiary to terminate your employment at any time,
and your employment is and will remain employment at will, unless otherwise
provided pursuant to a written employment agreement between you and the Company.

7.      Income Tax Withholding Requirements. If upon or as a result of your
exercise of the Option there shall be payable by the Company or any Subsidiary
any amount for income tax withholding, you will pay such amount to the Company
to reimburse it for such income tax withholding.

8.      Entire Agreement. This Stock Option Agreement is the entire agreement
between you and the Company with respect to the subject matter of this Stock
Option Agreement, and any prior or contemporaneous understandings, arrangements
or agreements are superseded by this Stock Option Agreement and are merged into
this Stock Option Agreement.

9.      Governing Law and Choice of Forum. The laws of the State of Michigan
shall govern this Stock Option Agreement, its construction, and the
determination of any rights, duties or remedies of the parties arising out of or
relating to this Stock Option Agreement. The parties acknowledge that the United
States District Court for the Eastern District of Michigan or the Michigan
Circuit Court for the County of Oakland shall have exclusive jurisdiction over
any case or controversy arising out of or relating to this Stock Option
Agreement and that all litigation arising out of or relating to this Stock
Option Agreement shall be commenced in the United States District Court for the
Eastern District of Michigan or the Oakland County (Michigan) Circuit Court. You
irrevocably consent to the jurisdiction of the United States District Court for
the Eastern District of Michigan and the Oakland County (Michigan) Circuit Court
in connection with all actions and proceedings arising out of, or in any way
related to, this Stock Option Agreement.

10.     Committee and Board of Directors Determinations Conclusive. Each
determination, interpretation, or other action made or taken pursuant to, or
related to, the provisions of this Stock Option

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Agreement by the Committee or the Company's Board of Directors shall be final
and shall be binding and conclusive for all purposes on you and the Company and
our respective successors in interest.

11.     Reimbursement of Certain Costs & Fees. Notwithstanding any term to the
contrary, you agree to reimburse the directors) for all costs and fees incurred
by the Company (or its officers and directors) in response to or defense of any
claim, demand or legal action made/undertaken by you (or your representatives on
your behalf) with respect to which you do not prevail in full that is in any way
related to: (i) any determination, interpretation, or action undertaken by the
Board of Directors or Committee operating thereunder with respect to the Stock
Option Agreement , or (ii) enforcement of or any claim of breach or default
under the Stock Option Agreement. For purposes of this Stock Option Agreement,
the term "costs and fees" includes, without limitation, all court costs, legal
expenses and reasonable attorney fees (whether inside or outside counsel is
used) whether or not a lawsuit or other form of legal action is instituted, and
if a lawsuit or other legal action is instituted, whether at the trial or
appellate court level.

12.     Notices. Any and all notices, designations, consents, offers,
acceptances or other communications provided for in this Stock Option Agreement
shall be given in writing and shall be delivered in person, sent by certified or
registered mail, sent by facsimile or similar method of transmission or sent by
overnight courier, addressed in the case of the Company to its principal office
and in the case of you to your address appearing on the stock records of the
Company or such other address as may be designated by you by notice to the
Company.

Very truly yours,

INTUIT INC,
a Delaware corporation

By:
   -------------------------------------
Greg J. Santora
Chief Financial Officer

The above is agreed to and accepted.

By:
   -------------------------------------
Michael D. Hollerbach

Dated:
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                                                                    EXHIBIT 4.01

                                  INTUIT INC.

                        1996 DIRECTORS STOCK OPTION PLAN

                           As Adopted October 7, 1996
                      As Amended through December 8, 2000

        1. PURPOSE. This 1996 Directors Stock Option Plan (this "Plan") is
established to provide equity incentives for non-employee members of the Board
of Directors of Intuit Inc. (the "Company"), who are described in Section 6.1
below, by granting such persons options to purchase shares of stock of the
Company.

        2. ADOPTION AND STOCKHOLDER APPROVAL. This Plan will become effective on
the date (the "Effective Date") on which it is adopted by the Board of Directors
of the Company (the "Board"). This Plan shall be approved by the stockholders of
the Company, consistent with applicable laws, within twelve (12) months after
the date this Plan is adopted by the Board. Options ("Options") may be granted
under this Plan after the Effective Date provided that, in the event that
stockholder approval is not obtained within the time period provided herein,
this Plan, and all Options granted hereunder, shall terminate. No Option that is
issued as a result of any increase in the number of shares authorized to be
issued under this Plan shall be exercised prior to the time such increase has
been approved by the stockholders of the Company and all such Options granted
pursuant to such increase shall similarly terminate if such stockholder approval
is not obtained. The amendments to the Plan that were approved by the Board in
October 1999 and were subject to stockholder approval will become effective on
the date on which they are approved by the the stockholders of the Company at
the next annual stockholders meeting (the "Amendment Approval Date").

        3. TYPES OF OPTIONS AND SHARES. Options granted under this Plan shall be
non-qualified stock options ("NQSOs"). The shares of stock that may be purchased
upon exercise of Options granted under this Plan (the "Shares") are shares of
the Common Stock of the Company.

        4. NUMBER OF SHARES. The maximum number of Shares that may be issued
pursuant to Options granted under this Plan (the "Maximum Number") is 810,000
Shares, subject to adjustment as provided in this Plan. If any Option is
terminated for any reason without being exercised in whole or in part, the
Shares thereby released from such Option shall be available for purchase under
other Options subsequently granted under this Plan. At all times during the term
of this Plan, the Company shall reserve and keep available such number of Shares
as shall be required to satisfy the requirements of outstanding Options granted
under this Plan; provided, however, that if the aggregate number of Shares
subject to outstanding Options granted under this Plan plus the aggregate number
of Shares previously issued by the Company pursuant to the exercise of Options
granted under this Plan equals or exceeds the Maximum Number, then
notwithstanding anything herein to the contrary, no further Options may be
granted under this Plan until the Maximum Number is increased or the aggregate
number of Shares subject to outstanding Options granted under this Plan plus the
aggregate number of Shares previously

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issued by the Company pursuant to the exercise of Options granted under this
Plan is less than the Maximum Number.

        5. ADMINISTRATION. This Plan shall be administered by the Board or by a
committee of not less than two members of the Board appointed to administer this
Plan (the "Committee"). As used in this Plan, references to the Committee shall
mean either such Committee or the Board if no Committee has been established.
The interpretation by the Committee of any of the provisions of this Plan or any
Option granted under this Plan shall be final and binding upon the Company and
all persons having an interest in any Option or any Shares purchased pursuant to
an Option.

        6. ELIGIBILITY AND AWARD FORMULA.

               6.1 Eligibility. Options shall be granted only to directors of
the Company who are not current or former employees of the Company or any
Parent, Subsidiary or Affiliate of the Company, as those terms are defined in
Section 17 below (each such person referred to as an "Optionee").

               6.2 Initial Grant. Each Optionee who first becomes a member of
the Board will automatically be granted an Option for 45,000 Shares (the
"Initial Grant").

               6.3 Succeeding Grants. On each anniversary of an Initial Grant,
each Optionee will automatically be granted an Option for 22,500 Shares.
Notwithstanding anything in this Section 6.3 to the contrary, if the Company's
stockholders approve the amendments submitted for their approval on the
Amendment Approval Date, each Optionee who received an award in the thirty days
preceding the Amendment Approval Date shall, on the Amendment Approval Date, be
granted an Option for 22,500 Shares reduced by the number of Shares received
during such thirty-day period. Each such option granted to an Optionee shall be
referred to as a "Succeeding Grant."

        7. TERMS AND CONDITIONS OF OPTIONS. Subject to the following and to
Section 6 above:

               7.1 Form of Option Grant. Each Option granted under this Plan
shall be evidenced by a written Stock Option Grant ("Grant") in such form (which
need not be the same for each Optionee) as the Committee or its delegees shall
from time to time approve, which Grant shall comply with and be subject to the
terms and conditions of this Plan.

               7.2 Vesting.

                    (a) Options granted prior to February 19, 1999 shall become
exercisable as they vest according to the following vesting schedule: each
Initial Grant and Succeeding Grant will vest as to twenty-five percent (25%) of
the Shares upon the first anniversary of the date such Option is granted and an
additional 2.0833% of the Shares each

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month thereafter, so long as the Optionee continuously remains a director or a
consultant of the Company.

                    (b) Options granted under this Plan on or after February 19,
1999 but prior to the Amendment Approval Date shall be fully vested and
exercisable on the date of grant.

                    (c) Options granted on or after the Amendment Approval Date
shall become exercisable as they vest according to the following vesting
schedule: (i) each Initial Grant will vest as to 25% of the Shares upon the
first anniversary of the date such Option is granted and an additional 2.0833%
of the Shares each month thereafter, so long as the Optionee continuously
remains a director or a consultant of the Company, and (ii) each Succeeding
Grant will vest as to 50% of the Shares upon the first anniversary of the date
such Option is granted and an additional 4.1666% of the Shares each month
thereafter, so long as the Optionee continuously remains a director or a
consultant of the Company.

                    (d) Any Option granted to an Optionee will vest as to 100%
of the Shares subject to such Option, if the Optionee ceases to be a member of
the Board or a consultant of the Company due to "total disability" or death (or
his or her death occurs within three months of the Termination Date). For
purposes of this Section 7.2(d), "total disability" shall mean: (A) (i) for so
long as such definition is used for purposes of the Company's group life
insurance and accidental death and dismemberment plan or group long term
disability plan, that the Optionee is unable to perform each of the material
duties of any gainful occupation for which the Optionee is or becomes reasonably
fitted by training, education or experience and which total disability is in
fact preventing the Optionee from engaging in any employment or occupation for
wage or profit; or, (ii) if such definition has changed, such other definition
of "total disability" as determined under the Company's group life insurance and
accidental death and dismemberment plan or group long term disability plan; and
(B) the Company shall have received from the Optionee's primary physician a
certification that the Optionee's total disability is likely to be permanent.

               7.3 Exercise Price. The exercise price of an Option shall be the
Fair Market Value (as defined in Section 17.4) of the Shares at the time that
the Option is granted.

               7.4 Termination of Option. Except as provided below in this
Section, each Option shall expire ten (10) years after its date of grant (the
"Expiration Date"). The Option shall expire when the Optionee ceases to be a
member of the Board or a consultant of the Company. The date on which the
Optionee ceases to be a member of the Board or a consultant of the Company shall
be referred to as the "Termination Date." An Option may be exercised after the
Termination Date only as set forth below:

                    (a) Termination Generally. If the Optionee ceases to be a
member of the Board or consultant of the Company for any reason except death or
disability, then each vested Option (as defined in Section 7.2 of this Plan)
then held by such Optionee may be exercised by the Optionee within seven (7)
months after the Termination Date, but in no event later than the Expiration
Date.

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                    (b) Death or Disability. If the Optionee ceases to be a
member of the Board or consultant of the Company because of the death of the
Optionee or the disability of the Optionee within the meaning of Section
22(e)(3) of the Internal Revenue Code of 1986, as amended (the "Code"), then
each vested Option (as defined in Section 7.2 of this Plan) then held by such
Optionee may be exercised by the Optionee (or the Optionee's legal
representative) within twelve (12) months after the Termination Date, but in no
event later than the Expiration Date.

        8. EXERCISE OF OPTIONS.

               8.1 Exercise Period. Subject to the provisions of Section 8.5
below, Options granted on or after February 19, 1999 but prior to the Amendment
Approval Date shall be fully vested and exercisable on the date of grant.
Options granted prior to February 19, 1999 and Options granted on or after the
Amendment Approval Date shall be exercisable as they vest.

               8.2 Notice. Options may be exercised only by delivery to the
Company of an exercise agreement in a form approved by the Committee or its
delegees stating the number of Shares being purchased, the restrictions imposed
on the Shares and such representations and agreements regarding the Optionee's
investment intent and access to information as may be required by the Company to
comply with applicable securities laws, together with payment in full of the
exercise price for the number of Shares being purchased.

               8.3 Payment. Payment for the Shares purchased upon exercise of an
Option may be made (a) in cash or by check; (b) by surrender of shares of Common
Stock of the Company that have been owned by the Optionee for more than six (6)
months (and which have been paid for within the meaning of Securities and
Exchange Commission ("SEC") Rule 144 and, if such shares were purchased from the
Company by use of a promissory note, such note has been fully paid with respect
to such shares) or were obtained by the Optionee in the open public market,
having a Fair Market Value equal to the exercise price of the Option; (c) by
waiver of compensation due or accrued to the Optionee for services rendered; (d)
provided that a public market for the Company's stock exists, through a "same
day sale" commitment from the Optionee and a broker-dealer that is a member of
the National Association of Securities Dealers (an "NASD Dealer") whereby the
Optionee irrevocably elects to exercise the Option and to sell a portion of the
Shares so purchased to pay for the exercise price and whereby the NASD Dealer
irrevocably commits upon receipt of such Shares to forward the exercise price
directly to the Company; (e) provided that a public market for the Company's
stock exists, through a "margin" commitment from the Optionee and an NASD Dealer
whereby the Optionee irrevocably elects to exercise the Option and to pledge the
Shares so purchased to the NASD Dealer in a margin account as security for a
loan from the NASD Dealer in the amount of the exercise price, and whereby the
NASD Dealer irrevocably commits upon receipt of such Shares to forward the
exercise price directly to the Company; or (f) by any combination of the
foregoing.

               8.4 Withholding Taxes. Prior to issuance of the Shares upon
exercise of an Option, the Optionee shall pay or make adequate provision for any
federal or state withholding obligations of the Company, if applicable.

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               8.5 Limitations on Exercise. Notwithstanding the exercise periods
set forth in the Grant, exercise of an Option shall always be subject to the
following limitations:

                    (a) An Option shall not be exercisable until such time as
this Plan (or, in the case of Options granted pursuant to an amendment
increasing the number of shares that may be issued pursuant to this Plan, such
amendment) has been approved by the stockholders of the Company in accordance
with Section 15 below.

                    (b) An Option shall not be exercisable unless such exercise
is in compliance with the Securities Act of 1933, as amended (the "Securities
Act") and all applicable state securities laws, as they are in effect on the
date of exercise.

                    (c) The Committee may specify a reasonable minimum number of
Shares that may be purchased upon any exercise of an Option, provided that such
minimum number will not prevent the Optionee from exercising the full number of
Shares as to which the Option is then exercisable.

        9. NONTRANSFERABILITY OF OPTIONS. During the lifetime of the Optionee,
an Option shall be exercisable only by the Optionee or by the Optionee's
guardian or legal representative, unless otherwise permitted by the Committee.
No Option may be sold, pledged, assigned, hypothecated, transferred or disposed
of in any manner other than by will or by the laws of descent and distribution.

        10. PRIVILEGES OF STOCK OWNERSHIP. No Optionee shall have any of the
rights of a stockholder with respect to any Shares subject to an Option until
the Option has been validly exercised. No adjustment shall be made for dividends
or distributions or other rights for which the record date is prior to the date
of exercise, except as provided in this Plan. The Company shall provide to each
Optionee a copy of the annual financial statements of the Company, at such time
after the close of each fiscal year of the Company as they are released by the
Company to its stockholders.

        11. ADJUSTMENT OF OPTION SHARES. In the event that the number of
outstanding shares of Common Stock of the Company is changed by a stock
dividend, stock split, reverse stock split, combination, reclassification or
similar change in the capital structure of the Company without consideration,
the number of Shares available under this Plan and the number of Shares subject
to outstanding Options and the exercise price per share of such outstanding
Options shall be proportionately adjusted, subject to any required action by the
Board or stockholders of the Company and compliance with applicable securities
laws; provided, however, that no fractional shares shall be issued upon exercise
of any Option and any resulting fractions of a Share shall be rounded up to the
nearest whole Share.

        12. NO OBLIGATION TO CONTINUE AS DIRECTOR. Nothing in this Plan or any
Option granted under this Plan shall confer on any Optionee any right to
continue as a director of the Company.

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        13. COMPLIANCE WITH LAWS. The grant of Options and the issuance of
Shares upon exercise of any Options shall be subject to and conditioned upon
compliance with all applicable requirements of law, including without limitation
compliance with the Securities Act, compliance with all other applicable state
securities laws and compliance with the requirements of any stock exchange or
national market system on which the Shares may be listed. The Company shall be
under no obligation to register the Shares with the SEC or to effect compliance
with the registration or qualification requirement of any state securities laws,
stock exchange or national market system.

        14. ACCELERATION OF OPTIONS UPON CERTAIN CORPORATE TRANSACTIONS. In the
event of (a) a dissolution or liquidation of the Company, (b) a merger or
consolidation in which the Company is not the surviving corporation (other than
a merger or consolidation with a wholly-owned subsidiary, a reincorporation of
the Company in a different jurisdiction, or other transaction in which there is
no substantial change in the stockholders of the Company or their relative stock
holdings and the Options granted under this Plan are assumed or replaced by the
successor corporation, which assumption will be binding on all Optionees), (c) a
merger in which the Company is the surviving corporation but after which the
stockholders of the Company (other than any stockholder which merges (or which
owns or controls another corporation which merges) with the Company in such
merger) own less than 50% of the shares or other equity interests in the
Company, (d) the sale of substantially all of the assets of the Company, or (e)
the acquisition, sale or transfer of a majority of the outstanding shares of the
Company by tender offer or similar transaction, the vesting of all options
granted pursuant to this Plan will accelerate and the options will become
exercisable in full prior to the consummation of such event at such times and on
such conditions as the Committee determines, and if such options are not
exercised prior to the consummation of the corporate transaction, they shall
terminate in accordance with the provisions of this Plan.

        15. AMENDMENT OR TERMINATION OF PLAN. The Committee may at any time
terminate or amend this Plan (but may not terminate or amend the terms of any
outstanding option without the consent of the Optionee); provided, however, that
the Committee shall not, without the approval of the stockholders of the
Company, increase the total number of Shares available under this Plan (except
by operation of the provisions of Sections 4 and 11 above) or broaden the class
of persons eligible to receive Options. In any case, no amendment of this Plan
may adversely affect any then outstanding Options or any unexercised portions
thereof without the written consent of the Optionee.

        16. TERM OF PLAN. Options may be granted pursuant to this Plan from time
to time within a period of ten (10) years from the Effective Date.

        17. CERTAIN DEFINITIONS. As used in this Plan, the following terms shall
have the following meanings:

               17.1 "Parent" means any corporation (other than the Company) in
an unbroken chain of corporations ending with the Company if each of such
corporations other than the

                                       6
<PAGE>   7

Company owns stock possessing 50% or more of the total combined voting power of
all classes of stock in one of the other corporations in such chain.

               17.2 "Subsidiary" means any corporation (other than the Company)
in an unbroken chain of corporations beginning with the Company if each of the
corporations other than the last corporation in the unbroken chain owns stock
possessing 50% or more of the total combined voting power of all classes of
stock in one of the other corporations in such chain.

               17.3 "Affiliate" means any corporation that directly, or
indirectly through one or more intermediaries, controls or is controlled by, or
is under common control with, another corporation, where "control" (including
the terms "controlled by" and "under common control with") means the possession,
direct or indirect, of the power to cause the direction of the management and
policies of the corporation, whether through the ownership of voting securities,
by contract or otherwise.

               17.4 "Fair Market Value" means, as of any date, the value of a
share of the Company's Common Stock determined as follows:

                        (a) if such Common Stock is then quoted on the Nasdaq
                        National Market, its last reported sale price on the
                        Nasdaq National Market or, if no such reported sale
                        takes place on such date, the average of the closing bid
                        and asked prices;

                        (b) if such Common Stock is publicly traded and is then
                        listed on a national securities exchange, its last
                        reported sale price or, if no such reported sale takes
                        place on such date, the average of the closing bid and
                        asked prices on the principal national securities
                        exchange on which the Common Stock is listed or admitted
                        to trading;

                        (c) if such Common Stock is publicly traded but is not
                        quoted on the Nasdaq National Market nor listed or
                        admitted to trading on a national securities exchange,
                        the average of the closing bid and asked prices on such
                        date, as reported in The Wall Street Journal, for the
                        over-the-counter market; or

                        (d) if none of the foregoing is applicable, by the
                        Committee in good faith.

                                       7

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