Document:

Exhibit 10.1

                               OPERATING AGREEMENT

                                       FOR

                                WELL RENEWAL, LLC

                       A NEVADA LIMITED LIABILITY COMPANY

<PAGE>

         THE SECURITIES REPRESENTED BY THIS AMENDED AND RESTATED OPERATING
         AGREEMENT HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES
         ACT OF 1933 OR THE SECURITIES LAWS OF ANY STATE, AND MAY BE OFFERED AND
         SOLD ONLY IF REGISTERED AND QUALIFIED PURSUANT TO THE RELEVANT
         PROVISIONS OF FEDERAL AND STATE SECURITIES LAWS OR IF THE COMPANY IS
         PROVIDED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT
         REGISTRATION AND QUALIFICATION UNDER FEDERAL AND STATE SECURITIES LAWS
         IS NOT REQUIRED

<PAGE>

                                TABLE OF CONTENTS
                                                                            PAGE
ARTICLE I
   DEFINITIONS.................................................................1
         1.1 "Act" ............................................................1
         1.2 "Affiliate" ......................................................1
         1.3 "Agreement" ......................................................1
         1.4 "Articles" .......................................................1
         1.5 "Bankruptcy" .....................................................2
         1.6 "Capital Account" ................................................2
         1.7 "Capital Contribution" ...........................................2
         1.8 "Code" ...........................................................2
         1.9 "Company" ........................................................2
         1.10 "Company Minimum Gain" ..........................................2
         1.11 "Corporations Code" .............................................2
         1.12 "Dissolution Event" .............................................2
         1.13 "Distributable Cash" ............................................2
         1.14 "Economic Interest" .............................................2
         1.15 "Economic Interest Owner" .......................................3
         1.16 "Fiscal Year" ...................................................3
         1.17 "Former Member" .................................................3
         1.18 "Former Member's Interest" ......................................3
         1.19 "Majority in Interest" ..........................................3
         1.20 "Majority of Members" ...........................................3
         1.21 "Manager" .......................................................3
         1.22 "Member" ........................................................3
         1.23 "Member Nonrecourse Debt" .......................................3
         1.24 "Member Nonrecourse Deductions" .................................3
         1.25 "Membership Interest" ...........................................3
         1.26 "Name Assets" ...................................................3
         1.27 "Net Profit" and "Net Loss" .....................................3
         1.28 "Nonrecourse Liability" .........................................3
         1.29 "Percentage Interest" ...........................................3
         1.30 "Person" ........................................................4
         1.31 "Regulations" ...................................................4
         1.32 "Remaining Members" .............................................4
         1.33 "Tax Matters Partner" ...........................................4
ARTICLE II
   ORGANIZATIONAL MATTERS......................................................4
         2.1 Formation.........................................................4
         2.2 Name..............................................................4
         2.3 Term..............................................................4
         2.4 Office and Agent..................................................4
         2.5 Addresses of the Members and Manager..............................4
         2.6 Purpose of Company................................................4

                                       ii
<PAGE>

ARTICLE III
   CAPITAL CONTRIBUTIONS AND PERCENTAGE INTERESTS..............................5
         3.1 Initial Capital Contributions.....................................5
         3.2 Additional Capital Contributions..................................5
         3.3 Capital Accounts..................................................5
         3.4 No Interest.......................................................6
         3.5 No Right to Return of Capital.....................................6
ARTICLE IV
   MEMBERS.....................................................................6
         4.1 Limited Liability.................................................6
         4.2 Admission of Additional Members...................................7
         4.3 Withdrawals or Resignations.......................................7
         4.4 Termination of Membership Interest................................7
         4.5 Transactions With The Company.....................................7
         4.6 Remuneration to Members...........................................7
         4.7 Meetings of Members...............................................7
         4.8 Members Are Not Agents............................................9
         4.9 Voting Rights; Approvals..........................................9
ARTICLE V
   MANAGEMENT AND CONTROL OF THE COMPANY......................................10
         5.1 Management of the Company by the Manager.........................10
         5.2 Election of the Manager..........................................10
         5.3 Powers of the Manager............................................11
         5.4 Members Have No Managerial Authority.............................11
         5.5 Performance of Duties; Liability of Manager......................11
         5.6 Devotion of Time.................................................12
         5.7 Transactions between the Company and the Manager.................12
         5.8 Manager Compensation.............................................12
         5.9 Acts of the Manager as Conclusive Evidence of Authority..........12
         5.10 Officers........................................................13
         5.11 Limited Liability...............................................15
ARTICLE VI
   ALLOCATIONS OF NET PROCEEDS AND NET LOSS AND DISTRIBUTIONS.................16
         6.1 Allocations of Net Profit and Net Loss...........................16
         6.2 Special Allocations..............................................17
         6.3 Code Section 704(c) Allocations..................................18
         6.4 Allocation of Net Profit and Loss and Distributions in Respect
             of Transferred Interest..........................................18
         6.5 Distribution of Distributable Cash or Assets by the Company......18
         6.6 Form of Distribution; Reserves...................................19
         6.7 Restriction on Distributions.....................................19
         6.8 Return of Distribution...........................................20
         6.9 Obligations of Members to Report Allocations.....................20

                                      iii
<PAGE>

ARTICLE VII
   TRANSFER AND ASSIGNMENT OF INTERESTS.......................................20
         7.1 Transfer and Assignment of Interests.............................20
         7.2 Further Restrictions on Transfer of Interests....................20
         7.3 Substitution of Members..........................................20
         7.4 Permitted Transfers..............................................20
         7.5 Effective Date of Permitted Transfers............................21
         7.6 Right of Legal Representatives...................................21
         7.7 No Effect to Transfers in Violation of Agreement.................21
         7.8 Right of First Refusal...........................................22
ARTICLE VIII
   CONSEQUENCE OF DEATH, DISSOLUTION, WITHDRAWAL, RETIREMENT OR BANKRUPTCY
   OF MEMBER..................................................................23
         8.1 Dissolution Event................................................23
         8.2 Purchase of Interest.............................................23
         8.3 Purchase Price...................................................23
         8.4 Notice of Intent to Purchase.....................................23
         8.5 Election to Purchase Less Than All of the Former Member's
             Interest.........................................................24
         8.6 Payment of Purchase Price........................................24
         8.7 Closing of Purchase of Former Member's Interest..................24
         8.8 Purchase Terms Varied by Agreement...............................25
ARTICLE IX
   ACCOUNTING, RECORDS, REPORTING BY MEMBERS..................................25
         9.1 Books and Records................................................25
         9.2 Delivery to Members and Inspection...............................26
         9.3 Annual Statements................................................26
         9.4 Financial and Other Information..................................26
         9.5 Filings..........................................................26
         9.6 Bank Accounts....................................................27
         9.7 Accounting Decisions and Reliance On Others......................27
         9.8 Tax Matters for the Company Handled by Manager and Tax Matters
             Partner..........................................................27
ARTICLE X
   DISSOLUTION AND WINDING UP.................................................27
         10.1 Dissolution.....................................................27
         10.2 Certificate of Dissolution......................................28
         10.3 Winding Up......................................................28
         10.4 Distributions in Kind...........................................28
         10.5 Order of Payment of Liabilities Upon Dissolution................29
         10.6 Compliance with Regulations.....................................29
         10.7 Limitations on Payments Made in Dissolution.....................29
         10.8 Articles of Dissolution.........................................29
         10.9 No Action for Dissolution.......................................29
ARTICLE XI
   INDEMNIFICATION AND INSURANCE..............................................30
         11.1 Indemnification of the Manager..................................30
         11.2 Indemnification of Agents.......................................30
         11.3 Insurance.......................................................31

                                       iv
<PAGE>

ARTICLE XII
   MISCELLANEOUS..............................................................31
         12.1 Counsel to the Company..........................................31
         12.2 Conversion......................................................31
         12.3 Complete Agreement..............................................31
         12.4 Binding Effect..................................................31
         12.5 Parties in Interest.............................................31
         12.6 Pronouns; Statutory Reference...................................32
         12.7 Headings........................................................32
         12.8 Interpretation..................................................32
         12.9 References to this Agreement....................................32
         12.10 Jurisdiction...................................................32
         12.11 Disputed Matters...............................................32
         12.12 Appointment of Manager as Attorney-In-Fact.....................32
         12.13 Severability...................................................33
         12.14 Additional Documents and Acts..................................33
         12.15 Notices........................................................33
         12.16 Amendments.....................................................33
         12.17 Reliance on Authorization of Person Signing Agreement..........33
         12.18 No Interest in Company Property; Waiver of Action for
               Partition......................................................33
         12.19 Multiple Counterparts..........................................34
         12.20 Attorney Fees..................................................34
         12.21 Time is of the Essence.........................................34
         12.22 Remedies Cumulative............................................34

Exhibit A      Capital Contribution of Members and Addresses of Members and
               the Manager
Exhibit B      Description of Capital Contribution of Well Renewal, Inc.
Exhibit C      Contract of Assignment of NCO2 Injection Machine
Exhibit D      Contract of Assignment of Mineral Lease

                                       v
<PAGE>

                   OPERATING AGREEMENT FOR WELL RENEWAL, LLC
                               OPERATING AGREEMENT
                                       FOR
                                WELL RENEWAL, LLC
                       A NEVADA LIMITED LIABILITY COMPANY

This Operating Agreement ("Agreement") is made effective as of January 11, 2005,
by and among the parties listed on the signature pages hereof (collectively
referred to as the "Members" or individually as a "Member"), with reference to
the following facts.

         A. On January 11, 2005, Articles of Organization for Well Renewal, LLC
(the "Company"), a limited liability company under the laws of the State of
Nevada, were filed with the Nevada Secretary of State.

         B. The Members desire to adopt and approve an operating agreement for
the Company under the Nevada Limited Liability Company Act, codified in the
Nevada Revised Statutes, Sections 86.011 to 86.571, as the same may be amended
from time to time (the "Act").

         C. The Members desire to elect one Manager to operate the Company, all
as provided in and in accordance with the provisions of this Agreement; and

         D. On and after the effective date of this Agreement, all profits and
losses of the Company shall be allocated as provided in this Agreement.

         NOW, THEREFORE, the Members by this Agreement set forth the operating
agreement for the Company under the laws of the State of Nevada upon the terms
and subject to the conditions of this Agreement.

                                    ARTICLE 1
                                   DEFINITIONS

When used in this Agreement, the following terms shall have the meanings set
forth below (all terms used in this Agreement that are not defined in this
Article I shall have the meanings set forth elsewhere in this Agreement):

1.1 "Act" shall mean the Nevada Limited Liability Company Act, codified in the
Nevada Revised Statutes, Sections 86.011 to 86.590, as the same may be amended
from time to time

1.2 "Affiliate" shall mean any individual, partnership, corporation, trust or
other entity or association, directly or indirectly, through one or more
intermediaries, controlling, controlled by, or under common control with the
Member.

1.3 "Agreement" shall mean this Operating Agreement, as originally executed and
as amended from time to time.

1.4 "Articles" shall mean the Articles of Organization for the Company
originally filed with the Nevada Secretary of State as amended from time to
time.

PAGE 1
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

1.5 "Bankruptcy" shall mean: (a) the filing of an application by a Member for,
or his consent to, the appointment of a trustee, receiver, or custodian of his
or her other assets; (b) the entry of an order for relief with respect to a
Member in proceedings under the United States Bankruptcy Code, as amended or
superseded from time to time; (c) the making by a Member of a general assignment
for the benefit of creditors; (d) the entry of an order, judgment, or decree by
any court of competent jurisdiction appointing a trustee, receiver, or custodian
of the assets of a Member unless the proceedings and the person appointed are
dismissed within ninety (90) days; or (e) the failure by a Member generally to
pay his debts as the debts become due within the meaning of Section 303(h)(1) of
the United States Bankruptcy Code, as determined by the Bankruptcy Court, or the
admission in writing of his inability to pay his debts as they become due.

1.6 "Capital Account" shall mean with respect to any Member the capital account
which the Company establishes and maintains for such Member pursuant to Section
3.3.

1.7 "Capital Contribution" shall mean the total value of cash and fair market
value of property (including promissory notes or other obligation to contribute
cash or property) contributed and/or services rendered or to be rendered to the
Company by Members.

1.8 "Code" shall mean the Internal Revenue Code of 1986, as amended from time to
time, the provisions of succeeding law, and to the extent applicable, the
Regulations.

1.9      "Company" shall mean Well Renewal, LLC, a Nevada limited liability
company.

1.10 "Company Minimum Gain" shall have the meaning ascribed to the term
"Partnership Minimum Gain" in the Regulations Section 1.704-2(d).

1.11 "Corporations Code" shall mean Title 7, Chapter 78 of the Nevada Revised
Statutes, as amended from time to time, and the provisions of succeeding law.

1.12 "Dissolution Event" shall mean with respect to any Member one or more of
the following: the death, disability (within the meaning of Code Section
22(e)(3)) for a period of in excess of one year, Bankruptcy, withdrawal,
expulsion or occurrence of any other event which terminates the continued
membership unless the other Member consents to continue the business of the
Company pursuant to Section 8.1 and another Member is admitted to the Company,
if required by the Corporations Code.

1.13 "Distributable Cash" shall mean the amount of cash which is available for
distribution to the Members, taking into account all Company debts, liabilities,
and obligations of the Company then due and amounts which is reasonably
necessary to place into reserves for customary and usual claims with respect to
the Company's business.

1.14 "Economic Interest" shall mean a Member's or Economic Interest Owner's
share of one or more of the Company's Net Profit, Net Loss, and distributions of
the Company's assets pursuant to this Agreement and the Act, but shall not
include any other rights of a Member, including, without limitation, the right
to vote or participate in the management.

PAGE 2
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

1.15 "Economic Interest Owner" shall mean the owner of an Economic Interest who
is not a Member.

1.16 "Fiscal Year" shall mean the Company's fiscal year, which shall be the
calendar year.

1.17 "Former Member" shall have the meaning ascribed to it in Section 8.2.

1.18 "Former Member's Interest" shall have the meaning ascribed to it in Section
8.2.

1.19 "Majority in Interest" shall mean an aggregate Percentage Interest of more
than fifty percent (50%) held by Members

1.20 "Majority of Members" shall mean a Member or Members who hold an aggregate
Percentage Interest of more than fifty percent (50%) of the Company.

1.21 "Manager" shall mean Well Renewal, Inc.

1.22 "Member" shall mean each Person who (a) is an initial signatory to this
Agreement, has been admitted to the Company as a Member in accordance with the
Articles or this Agreement or is an assignee who has become a Member in
accordance with Article VII and (b) has not resigned, withdrawn, been expelled
or, if other than an individual, dissolved.

1.23 "Member Nonrecourse Debt" shall have the meaning ascribed to the term
"Partner Nonrecourse Debt" in Regulations Section 1.704-2(b)(4).

1.24 "Member Nonrecourse Deductions" shall mean items of Company loss,
deduction, or Code Section 705(a)(2)(B) expenditures which are attributable to
Member Nonrecourse Debt.

1.25 "Membership Interest" shall mean a Member's entire interest in the Company
including the Member's Economic Interest, the right to vote on or participate in
the management, and the right to receive information concerning the business and
affairs of the Company.

1.26 "Name Assets" shall have the meaning ascribed to it in Section 10.3.

1.27 "Net Profit" and "Net Loss" shall mean the income, gain, loss, deductions,
and credits of the Company in the aggregate or separately stated, as
appropriate, determined in accordance with generally accepted accounting
principles employed under the method of accounting at the close of each fiscal
year on the Company's information tax return filed for federal income tax
purposes.

1.28 "Nonrecourse Liability" shall have the meaning set forth in Regulations
Section 1.752-1(a)(2).

1.29 "Percentage Interest" shall mean the percentage of a Member set forth
opposite the name of such Member under the column "Member's Percentage Interest"
in EXHIBIT "A" hereto, as such percentage may be adjusted from time to time
pursuant to the terms of this Agreement. Percentage Interests shall be
determined annually, unless otherwise provided herein, effective as of the first
day of the Company's Fiscal Year but with all distributions under this Agreement
to be deemed to have occurred on such day immediately prior to determination of
the Percentage Interest of a Member.

PAGE 3
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

1.30 "Person" shall mean an individual, general partnership, limited
partnership, limited liability company, corporation, trust, estate, real estate
investment trust association or any other entity.

1.31 "Regulations" shall, unless the context clearly indicates otherwise, mean
the regulations currently in force as final or temporary that have been issued
by the U.S. Department of Treasury pursuant to its authority under the Code.

1.32 "Remaining Members" shall have the meaning ascribed to it in Section 8.1.

1.33 "Tax Matters Partner" shall be such person designated by the Manager
pursuant to Section 9.8.

                                   ARTICLE 2
                             ORGANIZATIONAL MATTERS

2.1 Formation. Pursuant to the Act, the Members have formed a Nevada limited
liability company under the laws of the State of Nevada by filing the Articles
with the Nevada Secretary of State and entering into this Agreement. The rights
and liabilities of the Members shall be determined pursuant to the Act and this
Agreement. To the extent that the rights or obligations of any Member are
different by reason of any provision of this Agreement than they would be in the
absence of such provision, this Agreement shall, to the extent permitted by the
Act, control.

2.2 Name. The name of the Company shall be "Well Renewal, LLC." The business of
the Company may be conducted under that name or, upon compliance with applicable
laws, any other name that the Manager deems appropriate or advisable. The
Company shall file any fictitious name certificates and similar filings, and any
amendments thereto, that the Manager considers appropriate or advisable.

2.3 Term. The term of this Agreement shall be co-terminus with the period of
duration of the Company provided in the Articles, unless extended or sooner
terminated as hereinafter provided.

2.4 Office and Agent. The Company shall continuously maintain an office and
registered agent in the State of Nevada as required by the Act. The principal
office of the Company shall be as the Manager may determine. The Company also
may have such offices, anywhere within and without the State of Nevada, as the
Manager from time to time may determine, or the business of the Company may
require. The registered agent shall be as stated in the Articles or as otherwise
determined by the Manager.

2.5 Addresses of the Members and Manager. The respective addresses of the
Members and the Manager are set forth on EXHIBIT A.

2.6 Purpose of Company. The purpose of the Company is to engage in any lawful
act or activity for which a limited liability company may be organized under the
Act. However, the primary business plan of the Company is to obtain revenues via
the management and operation of thirty (30) oil wells located in various
locations in United States of America, State of Oklahoma, by utilizing a
nitrogen and carbon dioxide gas injection unit to "pump up" and re-pressure the
wells to increase oil output.

PAGE 4
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

                                   ARTICLE 3
                 CAPITAL CONTRIBUTIONS AND PERCENTAGE INTERESTS

3.1 Initial Capital Contributions. The initial Capital Contributions and
Percentage Interests of each Member are set forth on EXHIBIT A hereto and
incorporated by reference herein. Each Member shall contribute such amount,
and/or such property, as is set forth on EXHIBIT A as his or her initial Capital
Contribution, which EXHIBIT A shall be revised to reflect the addition of new
Members in accordance with Section 4.2 and Article VII.

3.2 Additional Capital Contributions. It is anticipated that additional capital
may be required from time to time to pay expenses of the Company. The Members
have agreed that all additional Capital Contributions shall be made in the
following proportions:

                  Global Resource Corporation                 50%

                  Well Renewal, Inc.                          50%

Any Member who does not contribute his share of any Capital Contribution shall
be treated as a "Non-Contributing Member" as described in the following Section
3.2.A. The amount of additional capital to be contributed shall in each instance
be determined by the Manager.

         A. In the event that any Member fails for any reason to contribute to
the Company his proportionate share on or before any date on which an additional
Capital Contribution is due (a "Non-Contributing Member"), then the Manager
acting for and on behalf of the Company shall give notice ("Default Notice") to
the Non-Paying Member and all other Members of the Company requiring the
defaulted amount to be paid within five (5) days thereafter.

         B. If a Non-Contributing Member fails to cure the default within the
time period required by the Default Notice, then any remaining Member may make a
contribution in excess of his proportionate share (a "Paying Member") up to the
whole amount of the default, but after allowing the other Members to contribute
their proportionate amount to make up the default.

         C. After the contributions are made by the Paying Member(s), the Paying
Members shall receive a priority return of all contributions made pursuant to
this Section.

3.3 Capital Accounts. The Company shall establish an individual Capital Account
for each Member. The Company shall determine and maintain each Capital Account
in accordance with the following provisions:

         A. A Member's Capital Account shall be increased by that Member's
Capital Contributions, that Member's Percentage Interest of Net Profit, and any
items in the nature of income or gain that are specially allocated to that
Member pursuant to Article VI.

PAGE 5
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

         B. A Member's Capital Account shall be increased by the amount of any
partnership liabilities assumed by that Member subject to and in accordance with
the provisions of Regulation Section ss.1.704-1(b)(2)(iv)(c).

         C. A Member's Capital Account shall be decreased by (a) the amount of
cash distributed to that Member; (b) the fair market value of any property of
the Company so distributed, net of liabilities secured by such distributed
property that the distributee Member is considered to assume or to be subject to
under Code Section 752; and (c) the amount of any items in the nature of
expenses or losses that are specially allocated to that Member pursuant to
Article VI.

         D. A Member's Capital Account shall be reduced by the Member's
Percentage Interest of any expenditures of the Company described in Code Section
705(a)(2)(B) or which are treated as Code Section 705(a)(2)(B) expenditures
pursuant to Regulation Section 1.704-1(b)(2)(iv)(i) (including syndication
expenses and losses nondeductible under Code Sections 267(a)(1) or 707(b)).

         E. If any Economic Interest (or portion thereof) is transferred, the
transferee of such Economic Interest or portion shall succeed to the
transferor's Capital Account attributable to such interest or portion.

         F. The principal amount of a promissory note that is not readily traded
on an established securities market and that is contributed to the Company by
the maker of the note shall not be included in the Capital Account of any Person
until the Company makes a taxable disposition of the note or until (and to the
extent) principal payments are made on the note, all in accordance with
Regulation Section 1.704-1(b)(2)(iv)(d)(2).

         G. Each Member's Capital Account shall be increased or decreased as
necessary to reflect a revaluation of the Company's property assets in
accordance with the requirements of Regulation Sections 1.704-1(b)(2)(iv)(f) and
1.704-1(b)(2)(iv)(g), including the special rules under Regulation Section
1.701-1(b)(4), as applicable. The provisions of this Agreement respecting the
maintenance of Capital Accounts are intended to comply with Regulation Section
1.704-1(b) and shall be interpreted and applied in a manner consistent with
those Regulations.

3.4 No Interest. No Member shall be entitled to receive any interest on Capital
Contributions.

3.5 No Right to Return of Capital. No Member shall have the right to receive a
return of his or her Capital Account unless a Majority in Interest of the
Members consent thereto.

                                   ARTICLE 4
                                    MEMBERS

4.1 Limited Liability. Except as required under the Act or as expressly set
forth in this Agreement, no Member shall be personally liable for any debt,
obligation, or liability of the Company, whether that liability or obligation
arises in contract, tort, or otherwise.

PAGE 6
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

4.2 Admission of Additional Members. Additional Members may be admitted to the
Company only upon the approval or consent of a Majority in Interest of the
Members. Each additional Member's Capital Contribution, Membership Interest,
Percentage Interest, Net Profit, Net Loss, and distributions of the Company
shall be determined and approved by a Majority in Interest of the Members. No
Person shall be admitted as an additional Member unless such Person executes,
acknowledges and delivers to the Company such instruments as the Manager may
deem necessary or advisable to effect the admission of such Person as an
additional Member, including, without limitation, the written acceptance and
adoption by such Person of the provisions of this Agreement. Upon the admission
of additional Members, EXHIBIT A to this Agreement will be revised accordingly.
Notwithstanding the foregoing, substitute Members may only be admitted in
accordance with Article VII.

4.3 Withdrawals or Resignations. No Member may withdraw or resign from the
Company at any time. Notwithstanding the foregoing, or in the event this Section
4.3 is deemed invalid, or in the event of any such withdrawal, such Member's
Membership Interest shall also be subject to purchase and sale as provided in
Section 8.2.

4.4 Termination of Membership Interest. Upon the transfer of a Member's
Membership Interest in violation of this Agreement or the occurrence of a
Dissolution Event as to such Member which does not result in the dissolution of
the Company, the Membership Interest of a Member may be purchased by the Company
or Remaining Members as provided herein. Each Member acknowledges and agrees
that such purchase of a Membership Interest upon the occurrence of any of the
foregoing events is not unreasonable under the circumstances existing as of the
date hereof.

4.5 Transactions With The Company. Subject to any limitations set forth in this
Agreement and with the prior approval of the Manager after full disclosure of
the Member's involvement, a Member may lend money to and transact other business
with the Company. Subject to other applicable law, such Member has the same
rights and obligations with respect thereto as a Person who is not a Member.

4.6 Remuneration to Members. Except as otherwise authorized in, or pursuant to,
this Agreement, no Member is entitled to remuneration for acting in the Company
business, subject to (a) the entitlement of Manager or Members winding up the
affairs of the Company to reasonable compensation pursuant to Section 10.3, (b)
the entitlement of the Manager to receive reimbursement pursuant to Section 5.8,
and (c) the entitlement of officers to receive compensation pursuant to Section
5.10.

4.7      Meetings of Members.

         4.7.1 Date, Time and Place of Meetings of Members. Meetings of Members
may be held at such date, time and place within or without the State of Nevada
as the Members or Manager may fix from time to time. No annual or regular
meetings of Members is required. At any Members' meeting, the Manager shall
appoint a person to preside at the meeting and a person to act as secretary of
the meeting. The secretary of the meeting shall prepare minutes of the meeting
which shall be placed in the minute books of the Company.

PAGE 7
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

         A. Power to Call Meetings. Unless otherwise prescribed by the Act or by
the Articles, meetings of the Members may be called upon by the Manager or upon
written demand of Members holding more than a ten percent (10%) Percentage
Interest for the purpose of addressing any matters.

         B. Notice of Meeting. Written notice of a meeting of Members shall be
sent or otherwise given to each Member, either personally or by first-class mail
or telegraphic or other written communication, charges prepaid, addressed to the
Member at the address of that Member appearing on the books of the Company or
given by the Member to the Company for the purpose of notice, not less than ten
(10) nor more than sixty (60) days before the date of the meeting. The notice
shall specify the place, date and hour of the meeting and the general nature of
the business to be transacted. No other business may be transacted at this
meeting. Upon written request to the Manager by any person entitled to call a
meeting of Members, the Manager shall immediately cause notice to be given to
the Members entitled to vote that a meeting will be held at a time requested by
the person calling the meeting, not less than ten (10) days nor more than sixty
(60) days after the receipt of the request. If the notice is not given within
twenty (20) days after the receipt of a request by any person entitled to call a
meeting, the person entitled to call the meeting may give the notice. An
affidavit of the mailing or other means of giving any notice of any meeting
shall be executed by a Manager or any secretary, assistant secretary or any
transfer agent of the Company giving the notice, and shall be filed and
maintained in the minute book of the Company.

         C. Quorum. The presence in person or by proxy of a Majority in Interest
shall constitute a quorum at a meeting of Members.

         D. Waiver of Notice or Consent. The actions taken at any meeting of
Members however called and noticed, and wherever held, have the same validity as
if taken at a meeting duly held after regular call and notice, if a quorum is
present either in person or by proxy, and if, either before or after the
meeting, each of the Members entitled to vote, who was not present in person or
by proxy, signs a written waiver of notice or consents to the holding of the
meeting or approves the minutes of the meeting. All such waivers, consents or
approvals shall be filed with the Company records or made a part of the minutes
of the meeting.

                  Attendance of a person at a meeting shall constitute a waiver
of notice of that meeting, except when the person objects, at the beginning of
the meeting, to the transaction of any business because the meeting is not
lawfully called or convened, and except that attendance at a meeting is not a
waiver of any right to object to the consideration of matters not included in
the notice of the meeting if that objection is expressly made at the meeting.

         E. Action by Written Consent Without a Meeting. Any action that may be
taken at a meeting of Members may be taken without a meeting. Unless the
consents of all Members entitled to vote have been solicited in writing, (i)
notice of any Member's approval of an amendment to the Articles or this
Agreement, a dissolution of the Company, or a merger of the Company, without a
meeting and by less than unanimous written consent, shall be given at least ten
(10) days before the consummation of the action authorized by such approval, and
(ii) prompt notice shall be given of the taking of any other action approved by
Members without a meeting by less than unanimous written consent, to those
Members entitled to vote who have not consented in writing.

PAGE 8
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

         F. Telephonic Participation by Member at Meetings. Members may
participate in any Members' meeting through the use of any means of conference
telephones or similar communications equipment as long as all Members
participating can hear one another. A Member so participating is deemed to be
present in person at the meeting.

         G. Record Date. The record date for determining Members entitled to
notice of or to vote at a meeting of Members shall be set by the Manager or, if
no date is set, then the close of business on the business day next preceding
the day on which notice is given or, if notice is waived, at the close of
business on the business day next preceding the day on which the meeting is
held. The record date for determining Members entitled to give consent to
Company action in writing without a meeting shall be the day on which the first
written consent is given.

         H. Proxies. Every Member entitled to vote shall have the right to do so
either in person or by one or more agents authorized by a written proxy signed
by the person and filed with the Manager or the secretary, if any, of the
Company. No proxy shall be valid after the expiration of eleven (11) months from
the date of the proxy, unless otherwise provided in the proxy. The revocability
of a proxy that states on its face that it is irrevocable shall be governed by
the provisions of Corporations Code.

         I. No Requirement of Meetings. The provisions of this Section 4.7
govern meetings of the Members if the Members elect, in their discretion, to
hold meetings. However, nothing in this Section 4.7 or in this Agreement is
intended to require that meetings of Members be held, it being the intent of the
Members that meetings of Members are not required.

4.8 Members Are Not Agents. Pursuant to Section 5.1 and the Articles, the
management of the Company is vested in the Manager. No Member, acting solely in
the capacity of a Member, is an agent of the Company, nor can any Member, in
such capacity, bind or execute any instrument on behalf of the Company.

4.9 Voting Rights; Approvals. Except as otherwise expressly provided in this
Agreement or the Articles, the Members shall have no voting, approval or consent
rights.

         A. Approval by All Members. The following matters shall require the
approval or consent of all Members:

                  (i)  A decision to compromise the obligation of a Member
to make a Capital Contribution or return money or property paid or distributed
in violation of the Act shall require the unanimous vote, approval or consent of
all Members who are not the subject of a Dissolution Event or an assignor of a
Membership Interest; and

                  (ii) Any amendment to the articles or this Agreement.

         B. Majority Approval. The following matters shall require the approval
or consent of a Majority of Members:

PAGE 9
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

                  (i)      At any time prior to one year from the date of this
Agreement, the sale, exchange or other disposition of all, or substantially all,
of the Company's assets occurring as part of a single transaction or plan, or in
multiple transactions over a twelve (12) month period, except in the orderly
liquidation and winding up of the business of the Company upon its duly
authorized dissolution, provided, however, that each Member, by execution of
this Agreement, hereby approves of and consents to a conversion or
reorganization as described in Section 12.2, and the Manager may effectuate a
conversion or reorganization as described in Section 12.2 without any further
action on the part of any Member. Notwithstanding the foregoing provisions of
this paragraph, following the expiration of the one year period from the date of
this Agreement, the Manager shall have the authority to sell, exchange or
dispose of all, or substantially all, of the Company's assets occurring as part
of a single transaction or plan, or in multiple transactions over a twelve (12)
month period without the approval or consent of a Majority of Members;
                  (ii)     The merger of the Company with another limited
liability company or limited partnership; provided in no event shall a Member be
required to become a general partner in a merger with a limited partnership
without his express written consent or unless the agreement of merger provides
each Member with the dissenter's rights described in the Act.

                  (iii)    The merger of the Company with a corporation or a
general partnership or other Person, provided, however, that each Member, by
execution of this Agreement, hereby approves of and consents to a conversion or
reorganization as described in Section 12.2, and the Manager may effectuate a
conversion or reorganization as described in Section 12.2 without any further
action on the part of any Member;

                  (iv)     An alteration of the primary purpose of the Company
as set forth in Section 2.6;

                  (v)      Transactions between the Company and a Manager or one
or more of such Manager's Affiliates or related parties, or transactions in
which a Manager, or one or more of any Manager's Affiliates or related parties,
has a material financial interest; and

                  (vi)     Any act which would make it impossible to carry on
the ordinary business of the Company.

                                   ARTICLE 5
                      MANAGEMENT AND CONTROL OF THE COMPANY

5.1 Management of the Company by the Manager. The business and affairs of the
Company shall be managed by the Manager. The Company shall have one (1) Manager.
All decisions concerning the management and operation of the Company's business,
other than day to day affairs which are delegated to officers of the Company,
shall be determined by the Manager.

5.2  Election of the Manager.

     A. Initial Manager. Well Renewal, Inc. is hereby designated as the initial
Manager and shall be referred to herein as the "Founding Manager."

PAGE 10
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

     B. Resignation. The Manager may resign at any time by giving written notice
to the Members without prejudice to the rights, if any, of the Company under any
contract to which the Manager is a party. The resignation of the Manager shall
take effect upon receipt of that notice or at such later time as shall be
specified in the notice; and, unless otherwise specified in the notice, the
acceptance of the resignation shall not be necessary to make it effective. The
resignation of the Manager who is also a Member shall not affect the Manager's
rights as a Member and shall not constitute a withdrawal of a Member.

     C. Removal. A Founding Manager or Manager may be removed by a Majority in
Interest of the Members.

     D. Vacancies. If the Founding Manager resigns or dies, a Majority in
Interest of the Members shall select a Person to fill the vacancy by an
affirmative vote or written consent. Any other vacancy occurring for any reason
in the position of a Manager shall be filled by the affirmative vote or written
consent of Members holding a Majority in Interest.

     E. Election of non-Founding Manager. A non-Founding Manager shall be
elected annually by a Majority in Interest of the Members.

     F. Change in the Number of Managers. A decision to change the number of
Managers shall be made only be the unanimous vote, approval or consent of the
Members.

5.3 Powers of the Manager. Without limiting the generality of Section 5.1, but
subject to this Section 5.3, to the express limitations set forth elsewhere in
this Agreement and to the powers and duties of the chairperson or President of
the Company, the Manager shall have all necessary powers to manage and carry out
the purposes, business, property, and affairs of the Company, including, without
limitation, the power to exercise on behalf and in the name of the Company all
of the powers described in Corporations Code.

5.4 Members Have No Managerial Authority. The Members, as Members, shall have no
power to participate in the management of the Company except as expressly
authorized by this Agreement or the Articles and except as expressly required by
the Act. Unless expressly and duly authorized in writing to do so by the
Manager, or unless acting in the capacity of an officer of the Company, no
Member shall have any power or authority to bind or act on behalf of the Company
in any way, to pledge its credit, or to render it liable for any purpose.

5.5 Performance of Duties; Liability of Manager. The Manager shall not be liable
to the Company or to any Member for any loss or damage sustained by the Company
or any Member, unless the loss or damage shall have been the result of fraud,
deceit, gross negligence, reckless or intentional misconduct, or a knowing
violation of law or of this Agreement by the Manager. The Manager shall perform
his managerial duties in good faith, in a manner that he reasonably believes to
be in the best interests of the Company and its Members, and with such care,
including reasonable inquiry, as an ordinarily prudent person in a like position
would use under similar circumstances. A Manager who so perform the duties of a
Manager shall not have any liability by reason of being or having been a Manager
of the Company.

         In performing such duties, the Manager shall be entitled to rely on
information, opinions, reports, or statements, including financial statements
and other financial data, of the following persons or groups unless the Manager
has knowledge concerning the matter in question that would cause such reliance
to be unwarranted and provided that the Manager acts in good faith and after
reasonable inquiry when the need therefor is indicated by the circumstances:

PAGE 11
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

     A. One or more officers, employees or other agents of the Company who the
Manager reasonably believes to be reliable and competent in the matters
presented;

     B. Any attorney, independent accountant, or other person as to matters
which the Manager reasonably believes to be within such person's professional or
expert competence; or

     C. A committee upon which the Manager does not serve, duly designated in
accordance with a provision of the Articles or this Agreement, as to matters
within its designated authority, which committee the Manager reasonably believes
to merit competence.

5.6  Devotion of Time. The Manager is not obligated to devote all of his time or
business efforts to the affairs of the Company; provided, however, that any
Manager that is also an officer of the Company shall devote all of such
Manager's time and business efforts to the affairs of the Company. The Manager
shall devote whatever time, effort, and skill as he deems appropriate for the
operation of the Company.

5.7  Transactions between the Company and the Manager. Notwithstanding that it
may constitute a conflict of interest, Manager may, and may cause one of his
Affiliates and/or related parties to, engage in any transaction (including,
without limitation, the purchase, sale, lease, or exchange of any property or
the rendering of any service, or the establishment of any salary, other
compensation, or other terms of employment) with the Company so long as such
transaction is not expressly prohibited by this Agreement and so long as the
terms and conditions of such transaction, on an overall basis, are fair and
reasonable to the Company and are at least as favorable to the Company as those
that are generally available from Persons capable of similarly performing them
and in similar transactions between parties operating at arm's length, and
provided that a Majority of Members having no direct or indirect interest in
such transaction (other than their interests as Members) affirmatively vote or
consent in writing to approve the transaction.

5.8  Manager Compensation.

     A. Compensation for Services. No Manager shall be entitled to compensation
for services rendered to the Company as a Manager; provided, however, that any
Manager who is also an officer of the Company may be compensated for services
rendered as an officer.

     B. Reimbursement. The Company shall reimburse each Manager for,
pre-approved by a Majority in Interest, out-of-pocket expenses incurred in
connection with services rendered to the Company as a Manager.

5.9 Acts of the Manager as Conclusive Evidence of Authority. Any note, mortgage,
evidence of indebtedness, contract, certificate, statement, conveyance, or other
instrument in writing, and any assignment or endorsement thereof, executed or
entered into between the Company and any other person, when signed by the
Manager is not invalidated as to the Company by any lack of authority of the
signing persons in the absence of actual knowledge on the part of the other
person that the signing persons had no authority to execute the same.

PAGE 12
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

5.10     Officers.

     A. Appointment of Officers. The Manager may appoint officers at any time.
The officers of the Company, if deemed necessary by the Manager, may include a
chairperson, president, vice president, secretary, and chief financial officer.
The officers shall serve at the pleasure of the Manager, subject to all rights,
if any, of an officer under any contract of employment or as otherwise provided
in this Agreement. Any individual may hold any number of offices. No officer
need be a resident of the State of Nevada or citizen of the United States. The
officers shall exercise such powers and perform such duties as specified in this
Agreement and as shall be determined from time to time by the Manager.

     B. Removal, Resignation and Filling of Vacancy of Officers. Subject to the
rights, if any, of an officer under a contract of employment, any officer may be
removed, either with or without cause, by the Manager at any time.

         Any officer may resign at any time by giving written notice to the
Manager. Any resignation shall take effect at the date of the receipt of that
notice or at any later time specified in that notice; and, unless otherwise
specified in that notice, the acceptance of the resignation shall not be
necessary to make it effective. Any resignation is without prejudice to the
rights, if any, of the Company under any contract to which the officer is a
party.

         A vacancy in any office because of death, resignation, removal,
disqualification or any other cause shall be filled in the manner prescribed in
this Agreement for regular appointments to that office.

         C. Compensation and Operating Expenses. The Members of the Company
intend to utilize the $150,000 Capital Contribution of Global Resources
Corporation to fund any necessary "start-up" expenses associated with "pumping
up" the wells and any required remedial work to the wells. Upon the completion
of the initial "start-up of the wells and any required remedial work, the
monthly operating expenses of the Company, including the compensation of
Officers, agents and employees, shall not exceed $16,875 without the prior
consent of a Majority in Interest of the Members.

         D. Duties and Powers of the Chairperson. The chairperson, if such an
officer be appointed, shall, if present, preside at meetings of the Members.

Dewayne C. Green shall be the initial chairman. The chairperson shall in
addition be the chief executive officer of the Company.

         E. Duties and Powers of the President. Subject to such supervisory
powers, if any, as may be given by the Manager to the chairperson, the president
shall be the chief operating officer of the Company, and shall, subject to the
control of the Manager, have general and active day-to-day management of the
business of the Company and shall see that all orders and resolutions of the
Members and the Manager are carried into effect.

PAGE 13
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

         Dewayne C. Green shall be the initial president. The president shall
have the general powers and duties of management usually vested in the office of
president of a corporation, and shall have such other powers and duties as may
be prescribed by the Manager or this Agreement.

         The president shall execute bonds, mortgages and other contracts
requiring a seal, under the seal of the Company, except where required or
permitted by law to be otherwise signed and executed, and except where the
signing and execution thereof shall be expressly delegated by the Manager to
some other officer or agent of the Company.

         F. Duties and Powers of Vice-President. The vice-president, or if there
shall be more than one, the vice-presidents in the order determined by a
resolution of the Manager, shall, in the absence or disability of the president,
perform the duties and exercise the powers of the president and shall perform
such other duties and have such other powers as the Manager by resolution may
from time to time prescribe.

         Chris Dunford and William W. Gray shall be the initial vice-presidents.
The vice-presidents shall have the general powers and duties of management
usually vested in the office of vice-president of a corporation, and shall have
such other powers and duties as may be prescribed by the Manager or this
Agreement.

         G. Duties and Powers of Secretary. The secretary shall attend all
meetings of the Members and, upon election of the Manager, the meetings of the
Manager (if any), and shall record all the proceedings of the meetings in a book
to be kept for that purpose, and shall perform like duties for the standing
committees when required. The secretary shall give, or cause to be given, notice
of all meetings of the Members and shall perform such other duties as may be
prescribed by the Manager. The secretary shall have custody of the seal, if any,
and the secretary shall have authority to affix the same to any instrument
requiring it, and when so affixed, it may be attested by his or her signature.
The Manager may give general authority to any other officer to affix the seal of
the Company, if any, and to attest the affixing by his or her signature.

         The secretary shall keep, or cause to be kept, at the principal
executive office or at the office of the Company's transfer agent or registrar,
as determined by resolution of the Manager, a register, or a duplicate register,
showing the names of all Members and their addresses, and their Percentage
Interests. The secretary shall also keep all documents described in Section 9.1
and such other documents as may be required under the Act. The secretary shall
perform such other duties and have such other authority as may be prescribed
elsewhere in this Agreement or from time to time by the Manager. The secretary
shall have the general duties, powers and responsibilities of a secretary of a
corporation.

         Chris Dunford shall be the initial secretary.

         H. Duties and Powers of Chief Financial Officer. The chief financial
officer shall keep and maintain, or cause to be kept and maintained, adequate
and correct books and records of accounts of the properties and business
transactions of the Company, including accounts of its assets, liabilities,
receipts, disbursements, gains, losses, capital, Membership Interests, and
Economic Interests. The books of account shall at all reasonable times be open
to inspection by any Member and the Manager.

PAGE 14
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

         The chief financial officer shall have the custody of the funds and
securities of the Company, and shall keep full and accurate accounts of receipts
and disbursements in books belonging to the Company, and shall deposit all
moneys and other valuable effects in the name and to the credit of the Company
in such depositories as may be designated by the Manager.

         The chief financial officer shall disburse the funds of the Company as
may be ordered by the Manager, taking proper vouchers for such disbursements,
and shall render to the president, and the Manager, at their respective regular
meetings, or when the Manager so requires, an account of all his or her
transactions as treasurer and of the financial condition of the Company.

         The chief financial officer shall perform such other duties and shall
have such other responsibility and authority as may be prescribed elsewhere in
this Agreement or from time to time by the Manager. The chief financial officer
shall have the general duties, powers and responsibility of a chief financial
officer of a corporation, and shall be the chief financial and accounting
officer of the Company.

         Chris Dunford shall be the initial chief financial officer.

         I. Acts of Officers as Conclusive Evidence of Authority. Any note,
mortgage, evidence of indebtedness, contract, certificate, statement,
conveyance, or other instrument in writing, and any assignment or endorsement
thereof, executed or entered into between the Company and any other Person, when
signed by the chairperson of the board, the president or any vice president and
any secretary, any assistant secretary, the chief financial officer, or any
assistant treasurer of the Company, is not invalidated as to the Company by any
lack of authority of the signing officers in the absence of actual knowledge on
the part of the other Person that the signing officers had no authority to
execute the same.

         J. Operator of Wells. Pursuant to the business purpose of the Company
described in Paragraph 2.6 above, the Members agree that Well Renewal, Inc.
shall be initially responsible for the management and operation of the oil
wells. If Well Renewal, Inc. fails or is otherwise unable to properly manage
and/or operate the oil wells, the Manager may replace Well Renewal, Inc. with a
new Person for the management and operation of the oil wells. All costs and
expenses associated with locating, hiring and paying any new Person for the
management and operation of the wells shall be deducted from, and prior to, any
distribution of any Net Profit, described in Paragraph 6.1, then payable to Well
Renewal, Inc.

5.11 Limited Liability. No person who is a Manager or officer or both a Manager
and officer of the Company shall be personally liable under any judgment of a
court, or in any other manner, for any debt, obligation, or liability of the
Company, whether that liability or obligation arises in contract, tort, or
otherwise, solely by reason of being a Manager or officer or both a Manager and
officer of the Company.

PAGE 15
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

                                   ARTICLE 6
           ALLOCATIONS OF NET PROCEEDS AND NET LOSS AND DISTRIBUTIONS

6.1  Allocations of Net Profit and Net Loss.

     A. Net Loss. Net Loss shall be allocated to the Members in proportion to
their Percentage Interests.

        Notwithstanding the previous sentence, loss allocations to a Member
shall be made only to the extent that such loss allocations will not create
a deficit Capital Account balance for that Member in excess of an amount,
if any, equal to such Member's share of Company Minimum Gain that would be
realized on a foreclosure of the Company's property. Any loss not allocated to a
Member because of the foregoing provision shall be allocated to the other
Members (to the extent the other Members are not limited in respect of the
allocation of losses under this Section 6.1(A)). Any loss reallocated under this
Section 6.1(A) shall be taken into account in computing subsequent allocations
of income and losses pursuant to this Article VI, so that the net amount of any
item so allocated and the income and losses allocated to each Member pursuant to
this Article VI, to the extent possible, shall be equal to the net amount that
would have been allocated to each such Member pursuant to this Article VI if no
reallocation of losses had occurred under this Section 6.1(A).

     B. Net Profit. Net Profit shall be allocated to the Members at such times
and in such amounts as it becomes available from time to time, or at the
reasonable request of any Member, and subject to payments, obligations and a
reasonable reserve, as follows:

         FIRST, one hundred percent (100%), pro-rata, to each Paying
         Member which has made contributions pursuant to Section 3.2.B
         until such time as each Paying Member has been repaid in full,
         the contributions made pursuant to Section 3.2.B.

         SECOND, seventy percent (70%) to Global Resource Corporation
         and thirty percent (30%) to Well Renewal, Inc. until such time
         as Global Resource Corporation's entire Capital Contribution
         as described in EXHIBIT A is repaid in full.

         THIRD, seventy percent (70%) to Well Renewal, Inc. and thirty
         percent (30%) to Global Resource Corporation until such time
         as Well Renewal, Inc. has been paid the full purchase price of
         $100,000 for the "Machine" as described in the Contract of
         Assignment of NCO2 Injection Machine by and between Well
         Renewal, Inc. and the Company.

         FOURTH, fifty percent (50%) to Well Renewal, Inc. and fifty
         percent (50%) to Global Resource Corporation.

PAGE 16
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

6.2  Special Allocations.

     A. Minimum Gain Chargeback. Notwithstanding Section 6.1, if there is a net
decrease in Company Minimum Gain during any Fiscal Year, each Member shall be
specially allocated items of Company income and gain for such Fiscal Year (and,
if necessary, in subsequent Fiscal Years) in an amount equal to the portion of
such Member's share of the net decrease in Company Minimum Gain that is
allocable to the disposition of Company property, subject to a Nonrecourse
Liability, which share of such net decrease shall be determined in accordance
with Regulations Section 1.704-2(g)(2). Allocations pursuant to this Section
6.2A shall be made in proportion to the amounts required to be allocated to each
Member under this Section 6.2A. The items to be so allocated shall be determined
in accordance with Regulations Section 1.704-2(f). This Section 6.2A is intended
to comply with the minimum gain chargeback requirement contained in Regulations
Section 1.704-2(f) and shall be interpreted consistently therewith.

     B. Chargeback of Minimum Gain Attributable to Member Nonrecourse Debt.
Notwithstanding Section 6.1 of this Agreement, if there is a net decrease in
Company Minimum Gain attributable to a Member Nonrecourse Debt, during any
Fiscal Year, each member who has a share of the Company Minimum Gain
attributable to such Member Nonrecourse Debt (which share shall be determined in
accordance with Regulations Section 1.704-2(i)(5)) shall be specially allocated
items of Company income and gain for such Fiscal Year (and, if necessary, in
subsequent Fiscal Years) in an amount equal to that portion of such Member's
share of the net decrease in Company Minimum Gain attributable to such Member
Nonrecourse Debt that is allocable to the disposition of Company property
subject to such Member Nonrecourse Debt (which share of such net decrease shall
be determined in accordance with Regulations Section 1.704-2(i)(5)). Allocations
pursuant to this Section 6.2B shall be made in proportion to the amounts
required to be allocated to each Member under this Section 6.2B. The items to be
so allocated shall be determined in accordance with Regulations Section
1.704-2(i)(4). This Section 6.2B is intended to comply with the minimum gain
chargeback requirement contained in Regulations Section 1.704-2(i)(4) and shall
be interpreted consistently therewith.

     C. Nonrecourse Deduction. Notwithstanding Section 6.1, any nonrecourse
deductions (as defined in Regulations Section 1.704-2(b)(1)) for any Fiscal Year
or other period shall be specially allocated to the Members in proportion to
their Percentage Interests.

     D. Member Nonrecourse Deductions. Notwithstanding Section 6.1, those items
of Company loss, deduction, or Code Section 705(a)(2)(B) expenditures which are
attributable to Member Nonrecourse Debt for any Fiscal Year or other period
shall be specially allocated to the Member who bears the economic risk of loss
with respect to the Member Nonrecourse Debt to which such items are attributable
in accordance with Regulations Section 1.704-2(i).

PAGE 17
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

     E. Qualified Income Offset. Notwithstanding Section 6.1, if a Member
unexpectedly receives any adjustments, allocations, or distributions described
in Regulations Section 1.704-1(b)(2)(ii)(d)(4), (5) or (6), or any other event
creates a deficit balance in such Member's Capital Account in excess of such
Member's share of Company Minimum Gain, items of Company income and gain shall
be specially allocated to such Member in an amount and manner sufficient to
eliminate such excess deficit balance as quickly as possible. Any special
allocations of items of income and gain pursuant to this Section 6.2E shall be
taken into account in computing subsequent allocations of income and gain
pursuant to this Article VI so that the net amount of any item so allocated and
the income, gain, and losses allocated to each Member pursuant to this Article
VI to the extent possible, shall be equal to the net amount that would have been
allocated to each such Member pursuant to the provisions of this Section 6.2E if
such unexpected adjustments, allocations, or distributions had not occurred.

6.3 Code Section 704(c) Allocations. Notwithstanding any other provision in this
Article VI, in accordance with Code Section 704(c) and the Regulations
promulgated thereunder, income, gain, loss, and deduction with respect to any
property contributed to the capital of the Company shall, solely for tax
purposes, be allocated among the Members so as to take account of any variation
between the adjusted basis of such property to the Company for federal income
tax purposes and its fair market value on the date of contribution. Allocations
pursuant to this Section 6.3 are solely for purposes of federal, state and local
taxes. As such, they shall not affect or in any way be taken into account in
computing a Member's Capital Account or share of profits, losses, or other items
of distributions pursuant to any provision of this Agreement.

6.4 Allocation of Net Profit and Loss and Distributions in Respect of
Transferred Interest. If any Membership Interest is transferred, or is increased
or decreased by reason of the admission of a new Member or otherwise, during any
Fiscal Year of the Company, each item of income, gain, loss, deduction, or
credit of the Company for such Fiscal Year shall be assigned pro rata to each
day in the particular period of such Fiscal Year to which such item is
attributable (i.e., the day on or during which it is accrued or otherwise
included) and the amount of each such item so assigned to any such day shall be
allocated to the Member based upon his respective Membership Interest at the
close of such day.

         However, for the purpose of accounting convenience and simplicity, the
Company shall treat a transfer of, or an increase or decrease in, a Membership
Interest which occur at any time during a semi-monthly period (commencing with
the semi-monthly period including the date hereof) as having been consummated on
the last day of such semi-monthly period, regardless of when during such
semi-monthly period such transfer, increase, of decrease actually occurs (i.e.,
sales and dispositions made during the first fifteen (15) days of any month will
be deemed to have been made on the 15th day of the month).

         Notwithstanding any provision above to the contrary, gain or loss of
the Company realized in connection with a sale or other disposition of any of
the assets of the Company shall be allocated solely to the parties owning
Membership Interests as of the date such sale or other disposition occurs.

6.5 Distribution of Distributable Cash or Assets by the Company. Subject to
applicable law and any limitations contained elsewhere in this Agreement
(including Section 10.5), the Manager may elect from time to time to, or any
Member may request that the Manager, distribute Distributable Cash or assets to
the Members in proportion to their Percentage Interests. Neither the Company nor
any Manager shall incur any liability for making distributions in accordance
with this Section 6.5.

PAGE 18
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

6.6      Form of Distribution; Reserves. A Member, regardless of the nature of
the Member's Capital Contribution, has no right to demand and receive any
distribution from the Company in any form other than money. No Member may be
compelled to accept from the Company a distribution of any asset in kind in lieu
of a proportionate distribution of money being made to other Members. Except
upon a dissolution and the winding up of the Company, no Member may be compelled
to accept a distribution of any asset in kind.

         Pending distribution, the Company shall keep reserves for working
capital and investment, the amount of which shall be determined by the Manager.

6.7      Restriction on Distributions.

     A.  No distribution shall be made if, after giving effect to the
distribution:

         (i)   The Company would not be able to pay its debts as they become due
in the usual course of business.

         (ii)  The Company's total assets would be less than the sum of its
total liabilities plus, unless this Agreement provides otherwise, the amount
that would be needed, if the Company were to be dissolved at the time of the
distribution, to satisfy the preferential rights of other Members, if any, upon
dissolution that are superior to the rights of the Member receiving the
distribution.

     B. The Manager may base a determination that a distribution is not
prohibited on any of the following:

         (i)   Financial statement prepared on the basis of accounting practices
and principles that are reasonable in the circumstances.

         (ii)  A fair valuation.

         (iii) Any other method that is reasonable in the circumstances.

         Unless otherwise provided by the Corporations Code, the effect of a
distribution is measured as of the date the distribution is authorized if the
payment occurs within 120 days after the date of authorization, or the date
payment is made if it occurs more than 120 days of the date of authorization.

     C. A Member or Manager who votes for a distribution in violation of this
Agreement or the Act is personally liable to the Company for the amount of the
distribution that exceeds what could have been distributed without violating
this Agreement or the Act if it is established that the Member or Manager did
not act in compliance with Section 6.7 B or Section 10.4. Any Member or Manager
who is so liable shall be entitled to compel contribution from (i) each other
Member or Manager who also is so liable and (ii) each Member for the amount the
Member received with knowledge of facts indicating that the distribution was
made in violation of this Agreement or the Act.

PAGE 19
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

6.8 Return of Distribution. Except for distributions made in violation of the
Act or this Agreement, no Member or Economic Interest Owner shall be obligated
to return any distribution to the Company or pay the amount of any distribution
for the account of the Company or to any creditor of the Company. The amount of
any distribution returned to the Company by a Member or Economic Interest Owner
or paid by a Member or Economic Interest Owner for the account of the Company or
to a creditor of the Company shall be added to the account or accounts from
which it was subtracted when it was distributed to the Member or Economic
Interest Owner.

6.9 Obligations of Members to Report Allocations. The Members are aware of the
income tax consequences of the allocations made by this Article VI and hereby
agree to be bound by the provisions of this Article VI in reporting their shares
of Company income and loss for income tax purposes.

                                   ARTICLE 7
                      TRANSFER AND ASSIGNMENT OF INTERESTS

7.1 Transfer and Assignment of Interests. No Member shall be entitled to
transfer, assign, convey, sell, encumber or in any way alienate all or any part
of his Membership Interest except as permitted in Sections 7.4 and 7.8 below or
with the prior written consent of all of the other Members, which consent may be
given or withheld, conditioned or delayed (as allowed by this Agreement or the
Act), as the other Members may determine in their sole discretion. Transfers in
violation of this Article VII shall only be effective to the extent set forth in
Section 7.7. After the consummation of any transfer of any part of a Membership
Interest, the Membership Interest so transferred shall continue to be subject to
the terms and provisions of this Agreement and any further transfers shall be
required to comply with all the terms and provisions of this Agreement.

7.2 Further Restrictions on Transfer of Membership Interest. In addition to
other restrictions found in this Agreement, no Member shall transfer, assign,
convey, sell, encumber or in any way alienate all or any part of his Membership
Interest if the Membership Interest to be transferred, assigned, sold or
exchanged, when added to the total of all other Membership Interests sold or
exchanged in the preceding twelve (12) consecutive months prior thereto, would
cause the termination of the Company under the Code, as determined by the
Manager.

7.3 Substitution of Members. A transferee of a Membership Interest shall have
the right to become a substitute Member only if (i) the requirements of Sections
7.1 and 7.2 relating to unanimous consent of Members, securities and tax
requirements hereof are met, (ii) such Person executes an instrument
satisfactory to the Manager accepting and adopting the terms and provisions of
this Agreement, and (iii) such Person pays any reasonable expenses in connection
with his admission as a new Member. The admission of a substitute Member shall
not result in the release of the Member who assigned the Membership Interest
from any liability that such Member may have to the Company.

7.4 Permitted Transfers. The Membership Interest of any Member may be
transferred subject to compliance with Section 7.2, upon consent of all Members,
which shall not be unreasonably withheld, by the Member (i) by inter vivos gift
or by testamentary transfer to any spouse, parent, sibling, in-law, child or
grandchild of the Member, or to a trust for the benefit of the Member or such
spouse, parent, sibling, in-law, child or grandchild of the Member, or (ii) to
any Affiliate of the Member; it being agreed that in executing this Agreement,
each Member has consented to such transfers.

PAGE 17
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

7.5 Effective Date of Permitted Transfers. Any permitted transfer of all or any
portion of a Membership Interest shall be effective as of the date upon which
the requirements of Sections 7.1, 7.2 and 7.3 have been met. The Members shall
be provided with written notice of such transfer as promptly as possible after
the requirements of Sections 7.1, 7.2 and 7.3 have been met. Any transferee of a
Membership Interest shall take subject to the restrictions on transfer imposed
by this Agreement.

7.6 Right of Legal Representatives. If a Member who is an individual dies or is
adjudged by a court of competent jurisdiction to be incompetent to manage the
Member's person or property, the Member's executor, administrator, guardian,
conservator, or other legal representative ("Representative") may exercise all
of the Member's rights for the purpose of settling the Member's estate or
administering the Member's property, including any power the Member has under
the Articles or this Agreement to give an assignee the right to become a Member.
If the Member is a corporation, trust, or other entity and is dissolved or
terminated, the powers of that Member may be exercised by his legal
representative or successor.

7.7 No Effect to Transfers in Violation of Agreement. Upon any transfer of a
Membership Interest in violation of this Article VII, the transferee shall have
no right to vote or participate in the management of the business, property and
affairs of the Company or to exercise any rights of a Member. Such transferee
shall only be entitled to become an Economic Interest Owner and thereafter shall
only receive the share of one or more of the Company's Net Profit, Net Loss and
distributions of the Company's assets to which the transferor of such Economic
Interest would otherwise be entitled. Notwithstanding the immediately preceding
sentences, if, in the determination of the Members, a transfer in violation of
this Article VII would cause the termination of the Company under the Code, in
the sole discretion of the Members, the transfer shall be null and void and the
purported transferee shall become neither a Member nor an Economic Interest
Owner.

         Upon and contemporaneously with any transfer, assignment, conveyance or
sale (whether arising out of an attempted charge upon that Member's Economic
Interest by judicial process, a foreclosure by a creditor of the Member or
otherwise) of a Member's Economic Interest which does not at the same time
transfer the balance of the rights associated with the Membership Interest
transferred by the Member (including, without limitation, the rights of the
Member to vote or participate in the management of the business, property and
affairs of the Company), the Company shall purchase from the Member, and the
Member shall sell to Company for a purchase price of $100, all remaining rights
and interests retained by the Member that immediately before the transfer,
assignment, conveyance or sale were associated with the transferred Economic
Interest. Such purchase and sale shall not, however, result in the release of
the Member from any liability to the Company as a Member.

         Each Member acknowledges and agrees that the right of the Company to
purchase such remaining rights and interests from a Member who transfers a
Membership Interest in violation of this Article VII is not unreasonable under
the circumstances existing as of the date hereof.

PAGE 21
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

7.8 Right of First Refusal. Each time a Member proposes to transfer, assign,
convey, sell, encumber or in any way alienate all or any part of his Membership
Interest (or as required by operation of law or other involuntary transfer to do
so) other than pursuant to Section 7.4, such Member shall first offer such
Membership Interest to the Company and the non-transferring Members in
accordance with the following provisions:

     A. Such Member shall deliver a written notice to the Company and the other
Members stating (i) such Member's bona fide intention to transfer such
Membership interest, (ii) the name and address of the proposed transferee, (iii)
the Membership Interest to be transferred, and (iv) the purchase price and terms
of payment for which the Member proposes to transfer such Membership Interest.

     B. Within thirty (30) days after receipt of the notice described in Section
7.8(A), each non-transferring Member shall notify the Manager and the
transferring Member in writing of his desire to purchase a portion of the
Membership Interest being so transferred. The failure of any Member to submit a
notice within the applicable period shall constitute an election on the part of
that Member not to purchase any of the Membership Interest which may be so
transferred. Each Member so electing to purchase shall be entitled to purchase a
portion of such Membership Interest in the same proportion that the Percentage
Interest of such Member bears to the aggregate of the Percentage Interests of
all of the Members electing to so purchase the Membership Interest being
transferred. In the event any Member elects to purchase none or less than all of
his pro rata share of such Membership Interest, then the other Members can elect
to purchase more than their pro rata share. If such Members fail to purchase the
entire Membership Interest being transferred, the Company may purchase any
remaining share of such Membership Interest.

     C. Within ninety (90) days after receipt of the notice described in Section
7.8(A) the Company and the Members electing to purchase such Membership Interest
shall have the first right to purchase or obtain such Membership Interest upon
the price and terms of payment designated in such notice. If such notice
provides for the payment of non-cash consideration, the Company and such
purchasing Members each may elect to pay the consideration in cash equal to the
good faith estimate of the present fair market value of the non-cash
consideration offered as determined by the Manager.

     D. If the Company or the other Members elect not to purchase or obtain all
of the Membership Interest designated in such notice, then the transferring
Member may transfer the Membership Interest described in the notice to the
proposed transferee, providing such transfer (i) is completed within thirty (30)
days after the expiration of the Company's and the other Members' right to
purchase such Membership Interest, (ii) is made on terms no less favorable to
the transferring Member than as designated in the notice, and (iii) the
requirements of Sections 7.1, 7.2 and 7.3 relating to unanimous consent of
Members, securities and tax requirements hereof are met. If such Membership
Interest is not so transferred, the transferring Member must give notice in
accordance with this Section prior to any other or subsequent transfer of such
Membership Interest.

PAGE 22
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

                                   ARTICLE 8
                       CONSEQUENCE OF DEATH, DISSOLUTION,
                 WITHDRAWAL, RETIREMENT OR BANKRUPTCY OF MEMBER

8.1 Dissolution Event. Upon the occurrence of a Dissolution Event, the Company
shall dissolve unless all of the remaining Members ("Remaining Members") consent
within ninety (90) days of the Dissolution Event to the continuation of the
business of the Company, and, if required by the Corporations Code, an
additional Member is admitted to the Company. In the event the Remaining Members
do not consent to the continuation of the business of the Company, the Company's
name and any service marks or trademarks shall be distributed to the Remaining
Members in the dissolution of the Company.

8.2 Purchase of Interest. If the Remaining Members consent to the continuation
of the business of the Company, the Company and/or the Remaining Members shall
purchase, and the Member whose actions or conduct resulted in the Dissolution
Event ("Former Member") or such Former Member's legal representative shall sell,
the Former Member's Membership Interest ("Former Member's Interest") as provided
in this Article VIII to avoid dissolution of the Company.

8.3 Purchase Price. Upon such election to purchase the Member's Interest of a
withdrawn or resigning Member, the purchase price for the Former Member's
Interests shall be the Capital Account balance of the Former Member as adjusted
pursuant to Section 3.3; provided, however, that if the Former Member, such
Former Member's legal representative or the Company, deems the Capital Account
balance to vary from the fair market value of the Former Member's Interest by
more than ten percent (10%), such party may, but shall not be obligated to
require an appraisal by providing notice of the request for appraisal within
thirty (30) days after the determination of the Remaining Members to continue
the business of the Company. "Fair market value" shall be computed by applying
an appropriate discount factor given the illiquidity of the Member's Interest
and voting or other restrictions imposed upon minority or majority interests
under this Agreement. In such event, the value of the Former Member's Interest
shall be determined by three (3) independent appraisers, one selected by the
Former Member or such Former Member's legal representative, one selected by the
Company, and one selected by the two appraisers so named. The fair market value
of the Former Member's Interest shall be the average of the two appraisals
closest in amount to each other. In the event the fair market value is
determined to vary from the Capital Account balance by less than ten percent
(10%), the party requesting such appraisal shall pay all expense of all the
appraisals incurred by the party offering to enter into the transaction at the
Capital Account valuation. In all other events, the party requesting the
appraisal shall pay one-half of such expense and the other party shall pay
one-half of such expense. Notwithstanding the foregoing, if the Dissolution
Event results from a breach of this Agreement by the Former Member, the purchase
price shall be reduced by an amount equal to the damages suffered by the Company
or the Remaining Members as a result of such breach.

8.4 Notice of Intent to Purchase. Within thirty (30) days after the Company and
the Remaining Members have been notified as to the purchase price of the Former
Member's Interest determined in accordance with Section 8.3, the Company shall
notify the Former Member in writing of its desire to purchase all or a portion
of the Former Member's Interest. The failure of the Company to submit a notice
within the applicable period shall constitute an election on the part of the
Company not to purchase any of the Former Member's Interest. The Company shall
be entitled to purchase up to 100% of the Former Member's Interest.

PAGE 23
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

8.5 Election to Purchase Less Than All of the Former Member's Interest. If the
Company elects to purchase none or less than all of the Former Member's
Interest, then the Remaining Members can elect to purchase their pro rata share.
In such instance, each Remaining Member shall notify the Former Member in
writing of his desire to purchase a portion of the Former Member's Interest. The
failure of any Remaining Member to submit a notice within the applicable period
shall constitute an election on the part of the Member not to purchase any of
the Former Member's Interest. Each Remaining Member so electing to purchase
shall be entitled to purchase a portion of the Former Member's Interest in the
same proportion that the Percentage Interest of the Remaining Member bears to
the aggregate of the Percentage Interests of all of the Remaining Members
electing to purchase the Former Member's Interest. If any Remaining Member
elects to purchase none or less than all of his pro rata share of the Former
Member's Interest, then the other Remaining Members can elect to purchase more
than their pro rata share. If the Remaining Members fail to purchase the entire
interest of the Former Member, the Company shall purchase any remaining share of
the Former Member's Interest.

8.6 Payment of Purchase Price. The purchase price shall be paid by the Company
or the Remaining Members, as the case may be, at the closing by either of the
following methods, each of which may be selected separately by the Company or
the Remaining Members:

     A. The Company or the Remaining Members shall at the closing pay in the
cash the total purchase price for the Former Member's Interest; or

     B. The Company or the Remaining Members shall deliver a promissory note at
the closing for the total purchase price for the Former Member's Interest, which
promissory note shall be payable in four (4) equal annual principal
installments, plus accrued interest at six percent (6%) per annum, and be
payable each year on the anniversary date of the closing. The Company and the
Remaining Members shall have the right to prepay in full or in part such
promissory note at any time without penalty. The obligation, if the Member's
Interest is purchased by a Remaining Member, shall be secured by a pledge of the
Membership Interest being purchased.

The Company may obtain "key-man" life insurance policies with respect to the
lives of any Member. In the event that the Dissolution Event is the death of the
Former Member and such "key-man" life insurance is in place, any benefits under
any such "key-man" life insurance policy which are actually paid shall be
credited towards the purchase price, irrespective of whether such benefits are
paid directly to the Company or to any beneficiary under such policy.

8.7 Closing of Purchase of Former Member's Interest. The closing for the sale of
a Former Member's Interest pursuant to this Article VIII shall be held at 10:00
a.m. at the principal office of Company no later than sixty (60) days after the
determination of the purchase price, except that if the closing date falls on a
Saturday, Sunday, or Nevada legal holiday, then the closing shall be held on the
next succeeding business day. At the closing, the Former Member or such Former
Member's legal representative shall deliver to the Company or the Remaining
Members an instrument of transfer (containing warranties of title and no
encumbrances) conveying the Former Member's Interest. The Former Member or such
Former Member's legal representative, the Company and the Remaining Members
shall do all things and execute and deliver all papers as may be necessary fully
to consummate such sale and purchase in accordance with the terms and provisions
of this Agreement.

PAGE 24
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

8.8 Purchase Terms Varied by Agreement. Nothing contained herein is intended to
prohibit Members from agreeing upon other terms and conditions for the purchase
by the Company or any Member of the Membership Interest of any Member in the
Company desiring to retire, withdraw or resign, in whole or in part, as a Member
other than pursuant to a Dissolution Event.

8.9 Offers to Purchase or Sell Membership Interest. Notwithstanding the
foregoing provisions of this Article VIII, any Member may, at any time, submit
an offer to purchase all of the other Member's Membership Interest or to sell
all of the Member's Membership Interest to the other Member on any terms and/or
at any price.

                                   ARTICLE 9
                    ACCOUNTING, RECORDS, REPORTING BY MEMBERS

9.1 Books and Records. The books and records of the Company shall be kept, and
the financial position and the results of its operations recorded, in accordance
with the accounting methods followed for federal income tax purposes. The books
and records of the Company shall reflect all the Company transactions and shall
be appropriate and adequate for the Company's business. The Company shall
maintain at its principal office in Nevada all of the following:

     A. A current list of the full name and last known business or residence
address of each Member and Economic Interest Owner set forth in alphabetical
order, together with the Capital Contributions, Capital Account, and Percentage
Interest of each Member and Economic Interest Owner;

     B. A copy of the Articles and any and all amendments thereto together with
executed copies of any powers of attorney pursuant to which the Articles or any
amendments thereto have been executed;

     C. Copies of the Company's federal, state, and local income tax or
information returns and reports, if any, for the six most recent taxable years;

     D. A copy of this Agreement and any and all amendments thereto together
with executed copies of any powers of attorney pursuant to which this Agreement
or any amendments thereto have been executed;

     E. Copies of the financial statements of the Company, if any, for the six
most recent Fiscal Years;

     F. The Company's books and records as they relate to the internal affairs
of the Company for at least the current and past four Fiscal Years; and

     G. The names and addresses of any Manager.

PAGE 25
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

9.2  Delivery to Members and Inspection.

     A. Upon the request of any Member or Economic Interest Owner for purposes
reasonably related to the interest of that Person as a Member or Economic
Interest Owner, the Company shall promptly cause the Manager or his designee to
deliver to the requesting Member or Economic Interest Owner, at the expense of
the Company, a copy of the information set forth in Section 9.1 and a copy of
this Agreement.

     B. Each Member and Economic Interest Owner has the right, upon reasonable
request for purposes reasonably related to the interest of the Person as Member
or Economic Interest Owner, to:

        (i)  inspect and copy during normal business hours any of the Company
records described in Sections 9.1(A) and (B); and

        (ii) obtain from the Company, promptly after their becoming available, a
copy of the Company's federal, state, and local income tax or information
returns for each Fiscal Year.

     C. Any request, inspection or copying by a Member or Economic Interest
Owner under this Section 9.2 may be made by that Person or that Person's agent
or attorney.

     D. The Company shall promptly furnish to a Member a copy of any amendment
to the Articles or this Agreement executed by a Member pursuant to a power of
attorney from the Member.

9.3  Annual Statements.

     A. The Manager shall cause an annual report to be sent to each of the
Members not later than 120 days after the close of the Fiscal Year. The report
shall contain a balance sheet as of the end of the Fiscal Year and an income
statement for the Fiscal Year.

     B. The Manager shall cause to be prepared at least annually, at Company
expense, information necessary for the preparation of the Members and Economic
Interest Owners federal and state income tax returns. The Manager shall send or
cause to be sent to each Member or Economic Interest Owner within 90 days after
the end of each taxable year such information as is necessary to complete
federal and state income tax or information returns.

     C. The Manager shall cause to be filed at least annually with the Nevada
Secretary of State the lists required under Nevada Revised Statutes, Title 7,
Chapter 86.

9.4  Financial and Other Information. The Manager shall provide such financial
and other information relating to the Company or any other Person in which the
Company owns, directly or indirectly, an equity interest, as a Member may
reasonably request.

9.5  Filings. The Manager, at Company expense, shall cause the income tax
returns for the Company to be prepared and timely filed with the appropriate
authorities. The Manager, at Company expense, shall also cause to be prepared
and timely filed, with appropriate federal and state regulatory and
administrative bodies, amendments to, or restatements of, the Articles and all
reports required to be filed by the Company with those entities under the Act or
other then current applicable laws, rules, and regulations. If the Manager are
required by the Act to execute or file any document fails, after demand, to do
so within a reasonable period of time or refuses to do so, any Member may
prepare, execute and file that document with the Nevada Secretary of State.

PAGE 26
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

9.6  Bank Accounts. The Manager shall maintain the funds of the Company in one
or more separate bank accounts in the name of the Company, and shall not permit
the funds of the Company to be commingled in any fashion with the funds of any
other Person.

9.7  Accounting Decisions and Reliance On Others. All decisions as to accounting
matters, except as otherwise specifically set forth herein, shall be made by the
Manager. The Manager may rely upon the advice of their accountants as to whether
such decisions are in accordance with accounting methods followed for federal
income tax purposes.

9.8  Tax Matters for the Company Handled by Manager and Tax Matters Partner.
Rick F. Schmidt shall be the initial Tax Matters Partner, as defined in Code
Section 6231. The Tax Matters Partner shall from time to time cause the Company
to make such tax elections as he deems to be in the best interests of the
Company and the Members. The Tax Matters Partner shall represent the Company (at
the Company's expense) in connection with all examinations of the Company's
affairs by tax authorities, including resulting judicial and administrative
proceedings, and shall expend the Company funds for professional services and
costs associated therewith. The Tax Matters Partner shall oversee the Company
tax affairs in the overall best interests of the Company. If for any reason the
Tax Matters Partner can no longer serve in that capacity or ceases to be a
Member or Manager, the Members, by their unanimous vote or consent, may
designate another Member to be Tax Matters Partner.

                                   ARTICLE 10
                           DISSOLUTION AND WINDING UP

10.1 Dissolution. The Company shall be dissolved, its assets shall be
disposed of, and its affairs wound up on the first to occur of the following:

     A. Upon the happening of any event of dissolution specified in the
Articles;

     B. Upon the entry of a decree of judicial dissolution;

     C. Upon the vote, approval or consent of the Manager and of Members holding
a Majority in Interest in the Company;

     D. The occurrence of a Dissolution Event and the failure of the Remaining
Members to consent in accordance with Section 8.1 to continue the business of
the Company within ninety (90) days after the occurrence of such event;

     E. The sale of all or substantially all of the assets of the Company; or

PAGE 27
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

     F. In the event Global Resource Corporation's entire Capital Contribution,
as described in EXHIBIT A, has not been is repaid in full within 15 months from
the date of this Agreement, at the written request of Global Resource
Corporation.

10.2  Certificate of Dissolution. As soon as possible following the occurrence
of any of the events specified in Section 10.1, the Manager who has not
wrongfully dissolved the Company or, if none, the Members, shall execute
Articles of Dissolution in such form as shall be prescribed by the Nevada
Secretary of State and file the Certificate as required by the Act.

10.3  Winding Up. Upon the occurrence of any event specified in Section 10.1,
the Company shall continue solely for the purpose of winding up its affairs in
an orderly manner, liquidating its assets, and satisfying the claims of its
creditors. The Manager who has not wrongfully dissolved the Company, or, if
none, the Members, shall be responsible for overseeing the winding up and
liquidation of the Company, shall take full account of the liabilities of the
Company and assets, shall either cause its assets to be sold or distributed, and
if sold as promptly as is consistent with obtaining the fair market value
thereof, shall cause the proceeds therefrom, to the extent sufficient therefor,
to be applied and distributed as provided in Section 10.5. In the event a Member
withdraws as a Member of the Company and the Remaining Members do not consent to
the continuation of the business of the Company, the Company's name and any
service marks or trademarks owned or used by the Company (the "Name Assets")
shall be distributed to the Remaining Members in the dissolution of the Company.
The Persons winding up the affairs of the Company shall give written notice of
the commencement of winding up by mail to all known creditors and claimants
whose addresses appear on the records of the Company. The Manager or Members
winding up the affairs of the Company shall be entitled to reasonable
compensation for such services.

10.4  Distributions in Kind. Any non-cash asset distributed to one or more
Members shall first be valued at its fair market value to determine the Net
Profit or Net Loss that would have resulted if such asset were sold for such
value, such Net Profit or Net Loss shall then be allocated pursuant to Article
VI, and the Members' Capital Accounts shall be adjusted to reflect such
allocations. Notwithstanding the foregoing, in the event of a dissolution of the
Company caused by the withdrawal of a Member, the Name Assets distributed to the
Remaining Members shall be valued at zero. The amount distributed and charged to
the Capital Account of each Member receiving an interest in such distributed
asset shall be the fair market value of such interest (net of any liability
secured by such asset that such Member assumes or to which such Member takes
subject). The fair market value of such asset shall be determined by the Manager
or by the Members or if any Member objects by an independent appraiser (any such
appraiser must be recognized as an expert in valuing the type of asset involved)
selected by the Manager or liquidating trustee and approved by the Members.

PAGE 28
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

10.5  Order of Payment of Liabilities Upon Dissolution.

      A. After determining that all known debts and liabilities of the Company
in the process of winding-up, including, without limitation, debts and
liabilities to Members who are creditors of the Company, have been paid or
adequately provided for, the remaining assets shall be distributed: first, to
Global Resource Corporation until the balance of its Capital Account has been
repaid, second, to Well Renewal, Inc. until a total of $100,000 has been paid in
accordance with this paragraph in conjunction with paragraph 6.1B and third, to
the Members in accordance with their positive Capital Account balances, after
taking into account income and loss allocations for the Company's taxable year
during which liquidation occurs, and thereafter, to the Members in accordance
with their Percentage Interests. Such liquidating distributions shall be made by
the end of the Company's taxable year in which the Company is liquidated, or, if
later, within ninety (90) days after the date of such liquidation.

     B. The payment of a debt or liability, whether the whereabouts of the
creditor is known or unknown, has been adequately provided for if the payment
has been provided for by either of the following means:

        (i)  Payment thereof has been assumed or guaranteed in good faith by one
or more financially responsible persons or by the United States government or
any agency thereof, and the provision, including the financial responsibility of
the Person, was determined in good faith and with reasonable care by the Members
or the Manager to be adequate at the time of any distribution of the assets
pursuant to this Section.

        (ii) The amount of the debt or liability has been deposited as provided
in the Corporations Code.

                  This Section 10.5(B) shall not prescribe the exclusive means
of making adequate provision for debts and liabilities.

10.6 Compliance with Regulations. All payments to the Members upon the winding
and dissolution of Company shall be strictly in accordance with the positive
capital account balance limitation and other requirements of Regulations Section
1.704-l(b)(2)(ii)(d).

10.7 Limitations on Payments Made in Dissolution. Except as otherwise
specifically provided in this Agreement, each Member shall only be entitled to
look solely at the assets of Company for the return of his positive Capital
Account balance and shall have no recourse for his Capital Contribution and/or
share of Net Profit (upon dissolution or otherwise) against the Manager or any
other Member except as provided in Article XI.

10.8 Articles of Dissolution. The Manager or Members who wind up the Company
shall cause to be filed in the office of, and on a form prescribed by, the
Nevada Secretary of State, Articles of Dissolution upon the completion of the
winding up of the affairs of the Company.

10.9 No Action for Dissolution. Except as expressly permitted in this Agreement,
a Member shall not take any voluntary action that directly causes a Dissolution
Event. The Members acknowledge that irreparable damage would be done to the
goodwill and reputation of the Company if any Member should bring an action in
court to dissolve the Company under circumstances where dissolution is not
required by Section 10.1. This Agreement has been drawn carefully to provide
fair treatment of all parties and equitable payment in liquidation of the
Economic Interests. Accordingly, except where the Manager have failed to
liquidate the Company as required by this Article X, each Member hereby waives
and renounces his right to initiate legal action to seek the appointment of a
receiver or trustee to liquidate the Company or to seek a decree of judicial
dissolution of the Company on the ground that (a) it is not reasonably
practicable to carry on the business of the Company in conformity with the
Articles or this Agreement, or (b) dissolution is reasonably necessary for the
protection of the rights or interests of the complaining Member. Damages for
breach of this Section 10.9 shall be monetary damages only (and not specific
performance), and the damages may be offset against distributions by the Company
to which such Member would otherwise be entitled.

PAGE 29
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

                                   ARTICLE 11
                          INDEMNIFICATION AND INSURANCE

11.1  Indemnification of the Manager. The Manager shall use ordinary care and
reasonable diligence in the management of Company business. The Manager shall
not be liable for any error of judgment or for any loss suffered by the Company
or any Member therein in connection with their management of the Company, except
a loss resulting from willful misfeasance, bad faith, or gross negligence on its
part in the performance of, or from reckless disregard of its obligations and
duties under this Agreement. The Manager shall not be liable to any Member for
any mistake or from the negligence, fraud or willful misconduct of any employee
or agent of the Company, provided that such employee or agent was selected,
engaged or retained by the Manager with reasonable care. The Company shall
indemnify and save harmless the Manager from any personal loss or damage
incurred by them by reason of any act performed by them for or on behalf of the
Company and in furtherance of its interests, in accordance with the provisions
of the Act or any amendment to the Act; provided, however, that the Members
shall not become liable for the obligations of the Company in excess of their
capital contributions to the Company. The Manager may consult with legal counsel
selected by the Company, and any action taken or omitted to be taken by them in
good faith in reliance and in accordance with the opinion or advice of such
counsel shall be full protection and justification to them with respect to the
action taken or omitted to be taken on behalf of the Company.

11.2  Indemnification of Agents. The Company shall indemnify any Person who was
or is a party or is threatened to be made a party to any threatened, pending or
completed action, suit or proceeding by reason of the fact that he is or was a
Member, Manager, officer, employee or other agent of the Company or that, being
or having been such a Member, Manager, officer, employee or agent, he is or was
serving at the request of the Company as a Manager, director, officer, employee
or other agent of another limited liability company, corporation, partnership,
joint venture, trust or other enterprise (all such persons being referred to
hereinafter as an "agent"), to the fullest extent permitted by applicable law in
effect on the date hereof and to such greater extent as applicable law may
hereafter from time to time permit. The Manager may, on behalf of the Company,
enter into indemnity agreements from time to time with any Person entitled to be
indemnified by the Company hereunder, upon such terms and conditions as the
Manager deems appropriate in their business judgment.

PAGE 30
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

11.3  Insurance. The Company shall have the power to purchase and maintain
insurance on behalf of any Person who is or was an agent of the Company against
any liability asserted against such Person and incurred by such Person in any
such capacity, or arising out of such Person's status as an agent, whether or
not the Company would have the power to indemnify such Person against such
liability under the provisions of Sections 11.1, 11.2 or under applicable law.

                                   ARTICLE 12
                                  MISCELLANEOUS

12.1  Counsel to the Company. Counsel to the Company may also be counsel to one
or more Members or any Affiliate of a Member. The Manager may execute, on behalf
of the Company and the Members, any consent to the representation of the Company
that counsel may request pursuant to the Nevada professional conduct rules or
similar rules in any other jurisdiction ("Rules"). The Company has initially
selected Spectrum Law Group, LLP ("Company Counsel") as legal counsel to the
Company. Company Counsel also currently represents Global Resource Corporation.
The Manager and Members acknowledge that Company Counsel may have an actual or
potential conflict of interest in concurrently representing the Company and any
of its Members and hereby waive and release any claim relating to a conflict of
interest arising from, or relating to, Company Counsel's concurrent
representation of the Company and any Member. Further, the Manager and Members
acknowledge that Company Counsel does not represent Well Renewal, Inc. and in
the absence of a clear and explicit agreement to such effect between Well
Renewal, Inc. and Company Counsel, Company Counsel shall owe no duties directly
to Well Renewal, Inc.

12.2  Conversion. Upon the consent of a Majority in Interest of the Members, the
Manager may either (i) convert the Company into a corporation pursuant to the
Act, or (ii) otherwise reorganize as a corporation, whether by merger, transfer
of assets, or transfer of Membership Interests, in order to facilitate a public
offering of securities, or for other reasons which the Manager deems to be in
the best interest of the business of the Company.

12.3  Complete Agreement. This Agreement and the Articles constitute the
complete and exclusive statement of agreement among the Members and the Manager
with respect to the subject matter herein and therein and replace and supersede
all prior written and oral agreements or statements by and among the Members and
the Manager or any of them. No representation, statement, condition or warranty
not contained in this Agreement or the Articles will be binding on the Members
or the Manager or have any force or effect whatsoever. To the extent that any
provision of the Articles conflict with any provision of this Agreement, the
Articles shall control.

12.4  Binding Effect. Subject to the provisions of this Agreement relating to
transferability, this Agreement will be binding upon and inure to the benefit of
the Members, and their respective successors and assigns.

12.5  Parties in Interest. Except as expressly provided in the Act, nothing in
this Agreement shall confer any rights or remedies under or by reason of this
Agreement on any Persons other than the Members and their respective successors
and assigns nor shall anything in this Agreement relieve or discharge the
obligation or liability of any third person to any party to this Agreement, nor
shall any provision give any third person any right of subrogation or action
over or against any party to this Agreement.

PAGE 31
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

12.6  Pronouns; Statutory Reference. All pronouns and all variations thereof
shall be deemed to refer to the masculine, feminine, or neuter, singular or
plural, as the context in which they are used may require. Any reference to the
Code, the Regulations, the Act, Corporations Code or other statutes or laws will
include all amendments, modifications, or replacements of the specific sections
and provisions concerned.

12.7  Headings. All headings herein are inserted only for convenience of
reference and are not to be considered in the construction or interpretation of
any provision of this Agreement.

12.8 Interpretation. In the event any claim is made by any Member relating to
any conflict, omission or ambiguity in this Agreement, no presumption or burden
of proof or persuasion shall be implied by virtue of the fact that this
Agreement was prepared by or at the request of a particular Member or his
counsel.

12.9 References to this Agreement. Numbered or lettered articles, sections and
subsections herein contained refer to articles, sections and subsections of this
Agreement unless otherwise expressly stated.

12.10 Jurisdiction. Each Member hereby consents to the exclusive jurisdiction of
the state and federal courts sitting in the State of California, County of
Orange, in any action on a claim arising out of, under or in connection with
this Agreement or the transactions contemplated by this Agreement. Each Member
further agrees that personal jurisdiction over him may be effected by service of
process by registered or certified mail addressed as provided in EXHIBIT A of
this Agreement, and that when so made shall be as if served upon him personally
within the State of California.

12.11 Disputed Matters. Except as otherwise provided in this Agreement, each
party hereby agrees that any suit, action or proceeding arising out of or
relating to this Agreement shall be brought in either the United States District
Court for the Central District of California or a Superior Court of the State of
California in the County of Orange, and the parties hereby irrevocably and
unconditionally submit to the jurisdiction of such courts. The parties hereby
agree to waive trial by jury in any such suit, action or proceeding. The parties
irrevocably waive and agree not to raise any objection any of them might now or
hereafter have to the bringing of any such suit, action or proceeding in any
such court including, without limitation, any objection that the place where
such court is located is an inconvenient forum. Each party agrees that any
judgment or order against that party in any such suit, action or proceeding
brought in such a court shall be conclusive and binding upon that party and
consents to any such judgment or order being recognized and enforced in the
courts of its jurisdiction of incorporation or organization or any other courts,
by registration or entry of such judgment or order, by a suit, action or
proceeding upon such judgment or order, or any other means available for
enforcement of judgments or orders.

PAGE 32
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

12.12 Appointment of Manager as Attorney-In-Fact. Each Member, by executing this
Agreement, irrevocably constitutes and appoints the Manager named herein and
such persons acting alone as such Member's true and lawful attorneys-in-fact and
agent, with full power and authority in such Member's name, place, and stead to
execute, acknowledge, and deliver, and to file or record in any appropriate
public office: (a) any certificate or other instrument that may be necessary,
desirable, or appropriate to qualify the Company as a limited liability company
or to transaction business as such in any jurisdiction in which the Company
conducts business; (b) any certificate or amendment to the Company's Articles of
Organization or to any certificate or other instrument that may be necessary,
desirable, or appropriate to reflect an amendment approved by the Members in
accordance with the provisions of this Agreement; (c) any certificates or
instruments that may be necessary, desirable, or appropriate to reflect the
dissolution and winding up of the Company; and (d) any certificates necessary to
comply with the provisions of this Agreement. This power of attorney will be
deemed to be coupled with an interest and will survive the transfer of the
Member's Economic Interest or Membership Interest. Notwithstanding the existence
of this power of attorney, each Member agrees to join in the execution,
acknowledgment, and delivery of the instruments referred to above if requested
to do so by the Manager. This power of attorney is a limited power of attorney
and does not authorize the Manager to act on behalf of a Member except as
described herein.

12.13 Severability. If any provision of this Agreement or the application of
such provision to any person or circumstance shall be held invalid, the
remainder of this Agreement or the application of such provision to persons or
circumstances other than those to which it is held invalid shall not be affected
thereby and shall remain valid and operative.

12.14 Additional Documents and Acts. Each Member agrees to execute and deliver
such additional documents and instruments and to perform such additional acts as
may be necessary or appropriate to effectuate, carry out and perform all of the
terms, provisions, and conditions of this Agreement and the transactions
contemplated hereby.

12.15 Notices. Any notice to be given or to be served upon the Company or any
party hereto in connection with this Agreement must be in writing (which may
include facsimile) and will be deemed to have been given and received when
delivered to the address specified by the party to receive the notice. Such
notices will be given to a Member at the address specified in EXHIBIT A hereto.
Any party may, at any time by giving five (5) days' prior written notice to the
other parties, designate any other address in substitution of the foregoing
address to which such notice will be given.

12.16 Amendments. All amendments to this Agreement must be agreed to by a
Majority in Interest and shall be made in writing and signed by all of the
Members.

12.17 Reliance on Authorization of Person Signing Agreement. If a Member is not
a natural person, neither the Company nor any Member will (a) be required to
determine the authority of the individual signing this Agreement to make any
commitment or undertaking on behalf of such entity or to determine any fact or
circumstance bearing upon the existence of the authority of such individual or
(b) be responsible for the application or distribution of proceeds paid or
credited to individuals signing this Agreement on behalf of such entity.

12.18 No Interest in Company Property; Waiver of Action for Partition. No Member
or Economic Interest Owner has any interest in specific property of the Company.
Without limiting the foregoing, each Member and Economic Interest Owner
irrevocably waives during the term of the Company any right that he may have to
maintain any action for partition with respect to the property of the Company.

PAGE 33
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

12.19 Multiple Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which shall
constitute one and the same instrument.

12.20 Attorney Fees. In the event that any dispute between the Company and the
Members or among the Members should result in litigation or arbitration, the
prevailing party in such dispute shall be entitled to recover from the other
party all reasonable fees, costs and expenses of enforcing any right of the
prevailing party, including without limitation, reasonable attorneys' fees and
expenses.

12.21  Time is of the Essence.  All dates and times in this Agreement are of the
essence.

12.22  Remedies Cumulative. The remedies under this Agreement are cumulative
and shall not exclude any other remedies to which any person may be lawfully
entitled.

PAGE 34
OPERATING AGREEMENT FOR WELL RENEWAL, LLC
<PAGE>

IN WITNESS WHEREOF, all of the Members of Well Renewal, LLC, a Nevada limited
liability company, have executed this Agreement, effective as of the date
written above.

                                            MEMBERS:

                                            GLOBAL RESOURCE CORPORATION

                                            /s/ Richard D. Mangiarelli
                                            ------------------------------------
                                            By: Richard D. Mangiarelli
                                            Its: Chief Executive Officer

                                            WELL RENEWAL, INC.

                                            /s/ Dewayne C. Green
                                            ------------------------------------
                                            By: Dewayne C. Green
                                            Its: President

MANAGER

WELL RENEWAL, INC.

/s/ Dewayne C. Green
---------------------------
By: Dewayne C. Green
Its: President

PAGE 35
OPERATING AGREEMENT FOR WELL RENEWAL, LLCADZONE RESEARCH, INC. 2005 INCENTIVE STOCK PLAN

================================================================================

      THIS ADZONE RESEARCH, INC. 2005 INCENTIVE STOCK PLAN (the "Plan") is
designed to retain directors, executives and selected employees and consultants
and reward them for making major contributions to the success of the Company.
These objectives are accomplished by making long-term incentive awards under the
Plan thereby providing Participants with a proprietary interest in the growth
and performance of the Company.

1.    Definitions.

      (a)   "Board" - The Board of Directors of the Company.

      (b)   "Code" - The Internal Revenue Code of 1986, as amended from time to
            time.

      (c)   "Committee" - The Compensation Committee of the Company's Board, or
            such other committee of the Board that is designated by the Board to
            administer the Plan, composed of not less than two members of the
            Board all of whom are disinterested persons, as contemplated by Rule
            16b-3 ("Rule 16b-3") promulgated under the Securities Exchange Act
            of 1934, as amended (the "Exchange Act").

      (d)   "Company" - ADZONE RESEARCH, INC. and its subsidiaries including
            subsidiaries of subsidiaries.

      (e)   "Exchange Act" - The Securities Exchange Act of 1934, as amended
            from time to time.

      (f)   "Fair Market Value" - The fair market value of the Company's issued
            and outstanding Stock as determined in good faith by the Board or
            Committee.

      (g)   "Grant" - The grant of any form of stock option, stock award, or
            stock purchase offer, whether granted singly, in combination or in
            tandem, to a Participant pursuant to such terms, conditions and
            limitations as the Committee may establish in order to fulfill the
            objectives of the Plan.

      (h)   "Grant Agreement" - An agreement between the Company and a
            Participant that sets forth the terms, conditions and limitations
            applicable to a Grant.

      (i)   "Option" - Either an Incentive Stock Option, in accordance with
            Section 422 of Code, or a Nonstatutory Option, to purchase the
            Company's Stock that may be awarded to a Participant under the Plan.
            A Participant who receives an award of an Option shall be referred
            to as an "Optionee."

      (j)   "Participant" - A director, officer, employee or consultant of the
            Company to whom an Award has been made under the Plan.
<PAGE>

      (k)   "Restricted Stock Purchase Offer" - A Grant of the right to purchase
            a specified number of shares of Stock pursuant to a written
            agreement issued under the Plan.

      (l)   "Securities Act" - The Securities Act of 1933, as amended from time
            to time.

      (m)   "Stock" - Authorized and issued or unissued shares of common stock
            of the Company.

      (n)   "Stock Award" - A Grant made under the Plan in stock or denominated
            in units of stock for which the Participant is not obligated to pay
            additional consideration.

2.    Administration. The Plan shall be administered by the Board, provided
      however, that the Board may delegate such administration to the Committee.
      Subject to the provisions of the Plan, the Board and/or the Committee
      shall have authority to (a) grant, in its discretion, Incentive Stock
      Options in accordance with Section 422 of the Code, or Nonstatutory
      Options, Stock Awards or Restricted Stock Purchase Offers; (b) determine
      in good faith the fair market value of the Stock covered by any Grant; (c)
      determine which eligible persons shall receive Grants and the number of
      shares, restrictions, terms and conditions to be included in such Grants;
      (d) construe and interpret the Plan; (e) promulgate, amend and rescind
      rules and regulations relating to its administration, and correct defects,
      omissions and inconsistencies in the Plan or any Grant; (f) consistent
      with the Plan and with the consent of the Participant, as appropriate,
      amend any outstanding Grant or amend the exercise date or dates thereof;
      (g) determine the duration and purpose of leaves of absence which may be
      granted to Participants without constituting termination of their
      employment for the purpose of the Plan or any Grant; and (h) make all
      other determinations necessary or advisable for the Plan's administration.
      The interpretation and construction by the Board of any provisions of the
      Plan or selection of Participants shall be conclusive and final. No member
      of the Board or the Committee shall be liable for any action or
      determination made in good faith with respect to the Plan or any Grant
      made thereunder.

3.    Eligibility.

      (a)   General: The persons who shall be eligible to receive Grants shall
            be directors, officers, employees or consultants to the Company. The
            term consultant shall mean any person, other than an employee, who
            is engaged by the Company to render services and is compensated for
            such services. An Optionee may hold more than one Option. Any
            issuance of a Grant to an officer or director of the Company
            subsequent to the first registration of any of the securities of the
            Company under the Exchange Act shall comply with the requirements of
            Rule 16b-3.

      (b)   Incentive Stock Options: Incentive Stock Options may only be issued
            to employees of the Company. Incentive Stock Options may be granted
            to officers or directors, provided they are also employees of the
            Company. Payment of a director's fee shall not be sufficient to
            constitute employment by the Company.

                  The Company shall not grant an Incentive Stock Option under
            the Plan to any employee if such Grant would result in such employee
            holding the right to exercise for the first time in any one calendar
            year, under all Incentive Stock Options granted under the Plan or
            any other plan maintained by the Company, with respect to shares of
            Stock having an aggregate fair market value, determined as of the
            date of the Option is granted, in excess of $100,000. Should it be
            determined that an Incentive Stock Option granted under the Plan
            exceeds such maximum for any reason other than a failure in good
            faith to value the Stock subject to such option, the excess portion
            of such option shall be considered a Nonstatutory Option. To the
            extent the employee holds two (2) or more such Options which become
            exercisable for the first time in the same calendar year, the
            foregoing limitation on the exercisability of such Option as
            Incentive Stock Options under the Federal tax laws shall be applied
            on the basis of the order in which such Options are granted. If, for
            any reason, an entire Option does not qualify as an Incentive Stock
            Option by reason of exceeding such maximum, such Option shall be
            considered a Nonstatutory Option.

                                     - 2 -
<PAGE>

      (c)   Nonstatutory Option: The provisions of the foregoing Section 3(b)
            shall not apply to any Option designated as a "Nonstatutory Option"
            or which sets forth the intention of the parties that the Option be
            a Nonstatutory Option.

      (d)   Stock Awards and Restricted Stock Purchase Offers: The provisions of
            this Section 3 shall not apply to any Stock Award or Restricted
            Stock Purchase Offer under the Plan.

4.    Stock.

      (a)   Authorized Stock: Stock subject to Grants may be either unissued or
            reacquired Stock.

      (b)   Number of Shares: Subject to adjustment as provided in Section 5(i)
            of the Plan, the total number of shares of Stock which may be
            purchased or granted directly by Options, Stock Awards or Restricted
            Stock Purchase Offers, or purchased indirectly through exercise of
            Options granted under the Plan shall not exceed Three Million Five
            Hundred Thousand (3,500,000). If any Grant shall for any reason
            terminate or expire, any shares allocated thereto but remaining
            unpurchased upon such expiration or termination shall again be
            available for Grants with respect thereto under the Plan as though
            no Grant had previously occurred with respect to such shares. Any
            shares of Stock issued pursuant to a Grant and repurchased pursuant
            to the terms thereof shall be available for future Grants as though
            not previously covered by a Grant.

      (c)   Reservation of Shares: The Company shall reserve and keep available
            at all times during the term of the Plan such number of shares as
            shall be sufficient to satisfy the requirements of the Plan. If,
            after reasonable efforts, which efforts shall not include the
            registration of the Plan or Grants under the Securities Act, the
            Company is unable to obtain authority from any applicable regulatory
            body, which authorization is deemed necessary by legal counsel for
            the Company for the lawful issuance of shares hereunder, the Company
            shall be relieved of any liability with respect to its failure to
            issue and sell the shares for which such requisite authority was so
            deemed necessary unless and until such authority is obtained.

      (d)   Application of Funds: The proceeds received by the Company from the
            sale of Stock pursuant to the exercise of Options or rights under
            Stock Purchase Agreements will be used for general corporate
            purposes.

                                     - 3 -
<PAGE>

      (e)   No Obligation to Exercise: The issuance of a Grant shall impose no
            obligation upon the Participant to exercise any rights under such
            Grant.

5.    Terms and Conditions of Options. Options granted hereunder shall be
      evidenced by agreements between the Company and the respective Optionees,
      in such form and substance as the Board or Committee shall from time to
      time approve. The form of Incentive Stock Option Agreement attached hereto
      as Exhibit A and the three forms of a Nonstatutory Stock Option Agreement
      for employees, for directors and for consultants, attached hereto as
      Exhibit B-1, Exhibit B-2 and Exhibit B-3, respectively, shall be deemed to
      be approved by the Board. Option agreements need not be identical, and in
      each case may include such provisions as the Board or Committee may
      determine, but all such agreements shall be subject to and limited by the
      following terms and conditions:

      (a)   Number of Shares: Each Option shall state the number of shares to
            which it pertains.

      (b)   Exercise Price: Each Option shall state the exercise price, which
            shall be determined as follows:

            (i)   Any Incentive Stock Option granted to a person who at the time
                  the Option is granted owns (or is deemed to own pursuant to
                  Section 424(d) of the Code) stock possessing more than ten
                  percent (10%) of the total combined voting power or value of
                  all classes of stock of the Company ("Ten Percent Holder")
                  shall have an exercise price of no less than 110% of the Fair
                  Market Value of the Stock as of the date of grant.

                  For the purposes of this Section 5(b), the Fair Market Value
            shall be as determined by the Board in good faith, which
            determination shall be conclusive and binding; provided however,
            that if there is a public market for such Stock, the Fair Market
            Value per share shall be the average of the bid and asked prices (or
            the closing price if such stock is listed on the NASDAQ National
            Market System or Small Cap Issue Market) on the date of grant of the
            Option, or if listed on a stock exchange, the closing price on such
            exchange on such date of grant.

      (c)   Medium and Time of Payment: The exercise price shall become
            immediately due upon exercise of the Option and shall be paid in
            cash or check made payable to the Company. Should the Company's
            outstanding Stock be registered under Section 12(g) of the Exchange
            Act at the time the Option is exercised, then the exercise price may
            also be paid as follows:

            (i)   in shares of Stock held by the Optionee for the requisite
                  period necessary to avoid a charge to the Company's earnings
                  for financial reporting purposes and valued at Fair Market
                  Value on the exercise date, or

            (ii)  through a special sale and remittance procedure pursuant to
                  which the Optionee shall concurrently provide irrevocable
                  written instructions (a) to a Company designated brokerage
                  firm to effect the immediate sale of the purchased shares and
                  remit to the Company, out of the sale proceeds available on
                  the settlement date, sufficient funds to cover the aggregate
                  exercise price payable for the purchased shares plus all
                  applicable Federal, state and local income and employment
                  taxes required to be withheld by the Company by reason of such
                  purchase and (b) to the Company to deliver the certificates
                  for the purchased shares directly to such brokerage firm in
                  order to complete the sale transaction.

                                     - 4 -
<PAGE>

                  At the discretion of the Board, exercisable either at the time
            of Option grant or of Option exercise, the exercise price may also
            be paid (i) by Optionee's delivery of a promissory note in form and
            substance satisfactory to the Company and permissible under the
            Securities Rules of the State of Delaware and bearing interest at a
            rate determined by the Board in its sole discretion, but in no event
            less than the minimum rate of interest required to avoid the
            imputation of compensation income to the Optionee under the Federal
            tax laws, or (ii) in such other form of consideration permitted by
            the Delaware corporations law as may be acceptable to the Board.

      (d)   Term and Exercise of Options: Any Option granted to an employee of
            the Company shall become exercisable over a period of no longer than
            five (5) years, and no less than twenty percent (20%) of the shares
            covered thereby shall become exercisable annually. No Option shall
            be exercisable, in whole or in part, prior to one (1) year from the
            date it is granted unless the Board shall specifically determine
            otherwise, as provided herein. In no event shall any Option be
            exercisable after the expiration of ten (10) years from the date it
            is granted, and no Incentive Stock Option granted to a Ten Percent
            Holder shall, by its terms, be exercisable after the expiration of
            five (5) years from the date of the Option. Unless otherwise
            specified by the Board or the Committee in the resolution
            authorizing such Option, the date of grant of an Option shall be
            deemed to be the date upon which the Board or the Committee
            authorizes the granting of such Option.

                  Each Option shall be exercisable to the nearest whole share,
            in installments or otherwise, as the respective Option agreements
            may provide. During the lifetime of an Optionee, the Option shall be
            exercisable only by the Optionee and shall not be assignable or
            transferable by the Optionee, and no other person shall acquire any
            rights therein. To the extent not exercised, installments (if more
            than one) shall accumulate, but shall be exercisable, in whole or in
            part, only during the period for exercise as stated in the Option
            agreement, whether or not other installments are then exercisable.

      (e)   Termination of Status as Employee, Consultant or Director: If
            Optionee's status as an employee shall terminate for any reason
            other than Optionee's disability or death, then Optionee (or if the
            Optionee shall die after such termination, but prior to exercise,
            Optionee's personal representative or the person entitled to succeed
            to the Option) shall have the right to exercise the portions of any
            of Optionee's Incentive Stock Options which were exercisable as of
            the date of such termination, in whole or in part, not less than 30
            days nor more than three (3) months after such termination (or, in
            the event of "termination for good cause" as that term is defined in
            Delaware case law related thereto, or by the terms of the Plan or
            the Option Agreement or an employment agreement, the Option shall
            automatically terminate as of the termination of employment as to
            all shares covered by the Option).

                  With respect to Nonstatutory Options granted to employees,
            directors or consultants, the Board may specify such period for
            exercise, not less than 30 days (except that in the case of
            "termination for cause" or removal of a director, the Option shall
            automatically terminate as of the termination of employment or
            services as to shares covered by the Option, following termination
            of employment or services as the Board deems reasonable and
            appropriate. The Option may be exercised only with respect to
            installments that the Optionee could have exercised at the date of
            termination of employment or services. Nothing contained herein or
            in any Option granted pursuant hereto shall be construed to affect
            or restrict in any way the right of the Company to terminate the
            employment or services of an Optionee with or without cause.

                                     - 5 -
<PAGE>

      (f)   Disability of Optionee: If an Optionee is disabled (within the
            meaning of Section 22(e)(3) of the Code) at the time of termination,
            the three (3) month period set forth in Section 5(e) shall be a
            period, as determined by the Board and set forth in the Option, of
            not less than six months nor more than one year after such
            termination.

      (g)   Death of Optionee: If an Optionee dies while employed by, engaged as
            a consultant to, or serving as a Director of the Company, the
            portion of such Optionee's Option which was exercisable at the date
            of death may be exercised, in whole or in part, by the estate of the
            decedent or by a person succeeding to the right to exercise such
            Option at any time within (i) a period, as determined by the Board
            and set forth in the Option, of not less than six (6) months nor
            more than one (1) year after Optionee's death, which period shall
            not be more, in the case of a Nonstatutory Option, than the period
            for exercise following termination of employment or services, or
            (ii) during the remaining term of the Option, whichever is the
            lesser. The Option may be so exercised only with respect to
            installments exercisable at the time of Optionee's death and not
            previously exercised by the Optionee.

      (h)   Nontransferability of Option: No Option shall be transferable by the
            Optionee, except by will or by the laws of descent and distribution.

      (i)   Recapitalization: Subject to any required action of shareholders,
            the number of shares of Stock covered by each outstanding Option,
            and the exercise price per share thereof set forth in each such
            Option, shall be proportionately adjusted for any increase or
            decrease in the number of issued shares of Stock of the Company
            resulting from a stock split, stock dividend, combination,
            subdivision or reclassification of shares, or the payment of a stock
            dividend, or any other increase or decrease in the number of such
            shares affected without receipt of consideration by the Company;
            provided, however, the conversion of any convertible securities of
            the Company shall not be deemed to have been "effected without
            receipt of consideration" by the Company.

                  In the event of a proposed dissolution or liquidation of the
            Company, a merger or consolidation in which the Company is not the
            surviving entity, or a sale of all or substantially all of the
            assets or capital stock of the Company (collectively, a
            "Reorganization"), unless otherwise provided by the Board, this
            Option shall terminate immediately prior to such date as is
            determined by the Board, which date shall be no later than the
            consummation of such Reorganization. In such event, if the entity
            which shall be the surviving entity does not tender to Optionee an
            offer, for which it has no obligation to do so, to substitute for
            any unexercised Option a stock option or capital stock of such
            surviving of such surviving entity, as applicable, which on an
            equitable basis shall provide the Optionee with substantially the
            same economic benefit as such unexercised Option, then the Board may
            grant to such Optionee, in its sole and absolute discretion and
            without obligation, the right for a period commencing thirty (30)
            days prior to and ending immediately prior to the date determined by
            the Board pursuant hereto for termination of the Option or during
            the remaining term of the Option, whichever is the lesser, to
            exercise any unexpired Option or Options without regard to the
            installment provisions of Paragraph 6(d) of the Plan; provided, that
            any such right granted shall be granted to all Optionees not
            receiving an offer to receive substitute options on a consistent
            basis, and provided further, that any such exercise shall be subject
            to the consummation of such Reorganization.

                                     - 6 -
<PAGE>

                  Subject to any required action of shareholders, if the Company
            shall be the surviving entity in any merger or consolidation, each
            outstanding Option thereafter shall pertain to and apply to the
            securities to which a holder of shares of Stock equal to the shares
            subject to the Option would have been entitled by reason of such
            merger or consolidation.

                  In the event of a change in the Stock of the Company as
            presently constituted, which is limited to a change of all of its
            authorized shares without par value into the same number of shares
            with a par value, the shares resulting from any such change shall be
            deemed to be the Stock within the meaning of the Plan.

                  To the extent that the foregoing adjustments relate to stock
            or securities of the Company, such adjustments shall be made by the
            Board, whose determination in that respect shall be final, binding
            and conclusive. Except as expressly provided in this Section 5(i),
            the Optionee shall have no rights by reason of any subdivision or
            consolidation of shares of stock of any class or the payment of any
            stock dividend or any other increase or decrease in the number of
            shares of stock of any class, and the number or price of shares of
            Stock subject to any Option shall not be affected by, and no
            adjustment shall be made by reason of, any dissolution, liquidation,
            merger, consolidation or sale of assets or capital stock, or any
            issue by the Company of shares of stock of any class or securities
            convertible into shares of stock of any class.

                  The Grant of an Option pursuant to the Plan shall not affect
            in any way the right or power of the Company to make any
            adjustments, reclassifications, reorganizations or changes in its
            capital or business structure or to merge, consolidate, dissolve, or
            liquidate or to sell or transfer all or any part of its business or
            assets.

      (j)   Rights as a Shareholder: An Optionee shall have no rights as a
            shareholder with respect to any shares covered by an Option until
            the effective date of the issuance of the shares following exercise
            of such Option by Optionee. No adjustment shall be made for
            dividends (ordinary or extraordinary, whether in cash, securities or
            other property) or distributions or other rights for which the
            record date is prior to the date such stock certificate is issued,
            except as expressly provided in Section 5(i) hereof.

      (k)   Modification, Acceleration, Extension, and Renewal of Options:
            Subject to the terms and conditions and within the limitations of
            the Plan, the Board may modify an Option, or, once an Option is
            exercisable, accelerate the rate at which it may be exercised, and
            may extend or renew outstanding Options granted under the Plan or
            accept the surrender of outstanding Options (to the extent not
            theretofore exercised) and authorize the granting of new Options in
            substitution for such Options, provided such action is permissible
            under Section 422 of the Code and the Delaware Securities Rules.
            Notwithstanding the provisions of this Section 5(k), however, no
            modification of an Option shall, without the consent of the
            Optionee, alter to the Optionee's detriment or impair any rights or
            obligations under any Option theretofore granted under the Plan.

                                     - 7 -
<PAGE>

      (l)   Exercise Before Exercise Date: At the discretion of the Board, the
            Option may, but need not, include a provision whereby the Optionee
            may elect to exercise all or any portion of the Option prior to the
            stated exercise date of the Option or any installment thereof. Any
            shares so purchased prior to the stated exercise date shall be
            subject to repurchase by the Company upon termination of Optionee's
            employment as contemplated by Section 5(n) hereof prior to the
            exercise date stated in the Option and such other restrictions and
            conditions as the Board or Committee may deem advisable.

      (m)   Other Provisions: The Option agreements authorized under the Plan
            shall contain such other provisions, including, without limitation,
            restrictions upon the exercise of the Options, as the Board or the
            Committee shall deem advisable. Shares shall not be issued pursuant
            to the exercise of an Option, if the exercise of such Option or the
            issuance of shares thereunder would violate, in the opinion of legal
            counsel for the Company, the provisions of any applicable law or the
            rules or regulations of any applicable governmental or
            administrative agency or body, such as the Code, the Securities Act,
            the Exchange Act, the Delaware Securities Rules, Delaware
            corporation law, and the rules promulgated under the foregoing or
            the rules and regulations of any exchange upon which the shares of
            the Company are listed. Without limiting the generality of the
            foregoing, the exercise of each Option shall be subject to the
            condition that if at any time the Company shall determine that (i)
            the satisfaction of withholding tax or other similar liabilities, or
            (ii) the listing, registration or qualification of any shares
            covered by such exercise upon any securities exchange or under any
            state or federal law, or (iii) the consent or approval of any
            regulatory body, or (iv) the perfection of any exemption from any
            such withholding, listing, registration, qualification, consent or
            approval is necessary or desirable in connection with such exercise
            or the issuance of shares thereunder, then in any such event, such
            exercise shall not be effective unless such withholding, listing
            registration, qualification, consent, approval or exemption shall
            have been effected, obtained or perfected free of any conditions not
            acceptable to the Company.

      (n)   Repurchase Agreement: The Board may, in its discretion, require as a
            condition to the Grant of an Option hereunder, that an Optionee
            execute an agreement with the Company, in form and substance
            satisfactory to the Board in its discretion ("Repurchase
            Agreement"), (i) restricting the Optionee's right to transfer shares
            purchased under such Option without first offering such shares to
            the Company or another shareholder of the Company upon the same
            terms and conditions as provided therein; and (ii) providing that
            upon termination of Optionee's employment with the Company, for any
            reason, the Company (or another shareholder of the Company, as
            provided in the Repurchase Agreement) shall have the right at its
            discretion (or the discretion of such other shareholders) to
            purchase and/or redeem all such shares owned by the Optionee on the
            date of termination of his or her employment at a price equal to:
            (A) the fair value of such shares as of such date of termination; or
            (B) if such repurchase right lapses at 20% of the number of shares
            per year, the original purchase price of such shares, and upon terms
            of payment permissible under the Delaware securities rules; provided
            that in the case of Options or Stock Awards granted to officers,
            directors, consultants or affiliates of the Company, such repurchase
            provisions may be subject to additional or greater restrictions as
            determined by the Board or Committee.

                                     - 8 -
<PAGE>

6.    Stock Awards and Restricted Stock Purchase Offers.

      (a)   Types of Grants.

            (i)   Stock Award. All or part of any Stock Award under the Plan may
                  be subject to conditions established by the Board or the
                  Committee, and set forth in the Stock Award Agreement, which
                  may include, but are not limited to, continuous service with
                  the Company, achievement of specific business objectives,
                  increases in specified indices, attaining growth rates and
                  other comparable measurements of Company performance. Such
                  Awards may be based on Fair Market Value or other specified
                  valuation. All Stock Awards will be made pursuant to the
                  execution of a Stock Award Agreement substantially in the form
                  attached hereto as Exhibit C.

            (ii)  Restricted Stock Purchase Offer. A Grant of a Restricted Stock
                  Purchase Offer under the Plan shall be subject to such (i)
                  vesting contingencies related to the Participant's continued
                  association with the Company for a specified time and (ii)
                  other specified conditions as the Board or Committee shall
                  determine, in their sole discretion, consistent with the
                  provisions of the Plan. All Restricted Stock Purchase Offers
                  shall be made pursuant to a Restricted Stock Purchase Offer
                  substantially in the form attached hereto as Exhibit D.

      (b)   Conditions and Restrictions. Shares of Stock which Participants may
            receive as a Stock Award under a Stock Award Agreement or Restricted
            Stock Purchase Offer under a Restricted Stock Purchase Offer may
            include such restrictions as the Board or Committee, as applicable,
            shall determine, including restrictions on transfer, repurchase
            rights, right of first refusal, and forfeiture provisions. When
            transfer of Stock is so restricted or subject to forfeiture
            provisions it is referred to as "Restricted Stock". Further, with
            Board or Committee approval, Stock Awards or Restricted Stock
            Purchase Offers may be deferred, either in the form of installments
            or a future lump sum distribution. The Board or Committee may permit
            selected Participants to elect to defer distributions of Stock
            Awards or Restricted Stock Purchase Offers in accordance with
            procedures established by the Board or Committee to assure that such
            deferrals comply with applicable requirements of the Code including,
            at the choice of Participants, the capability to make further
            deferrals for distribution after retirement. Any deferred
            distribution, whether elected by the Participant or specified by the
            Stock Award Agreement, Restricted Stock Purchase Offers or by the
            Board or Committee, may require the payment be forfeited in
            accordance with the provisions of Section 6(c). Dividends or
            dividend equivalent rights may be extended to and made part of any
            Stock Award or Restricted Stock Purchase Offers denominated in Stock
            or units of Stock, subject to such terms, conditions and
            restrictions as the Board or Committee may establish.

                                     - 9 -
<PAGE>

      (c)   Cancellation and Rescission of Grants. Unless the Stock Award
            Agreement or Restricted Stock Purchase Offer specifies otherwise,
            the Board or Committee, as applicable, may cancel any unexpired,
            unpaid, or deferred Grants at any time if the Participant is not in
            compliance with all other applicable provisions of the Stock Award
            Agreement or Restricted Stock Purchase Offer, the Plan and with the
            following conditions:

            (i)   A Participant shall not render services for any organization
                  or engage directly or indirectly in any business which, in the
                  judgment of the chief executive officer of the Company or
                  other senior officer designated by the Board or Committee, is
                  or becomes competitive with the Company, or which organization
                  or business, or the rendering of services to such organization
                  or business, is or becomes otherwise prejudicial to or in
                  conflict with the interests of the Company. For Participants
                  whose employment has terminated, the judgment of the chief
                  executive officer shall be based on the Participant's position
                  and responsibilities while employed by the Company, the
                  Participant's post-employment responsibilities and position
                  with the other organization or business, the extent of past,
                  current and potential competition or conflict between the
                  Company and the other organization or business, the effect on
                  the Company's customers, suppliers and competitors and such
                  other considerations as are deemed relevant given the
                  applicable facts and circumstances. A Participant who has
                  retired shall be free, however, to purchase as an investment
                  or otherwise, stock or other securities of such organization
                  or business so long as they are listed upon a recognized
                  securities exchange or traded over-the-counter, and such
                  investment does not represent a substantial investment to the
                  Participant or a greater than ten percent (10%) equity
                  interest in the organization or business.

            (ii)  A Participant shall not, without prior written authorization
                  from the Company, disclose to anyone outside the Company, or
                  use in other than the Company's business, any confidential
                  information or material, as defined in the Company's
                  Proprietary Information and Invention Agreement or similar
                  agreement regarding confidential information and intellectual
                  property, relating to the business of the Company, acquired by
                  the Participant either during or after employment with the
                  Company.

            (iii) A Participant, pursuant to the Company's Proprietary
                  Information and Invention Agreement, shall disclose promptly
                  and assign to the Company all right, title and interest in any
                  invention or idea, patentable or not, made or conceived by the
                  Participant during employment by the Company, relating in any
                  manner to the actual or anticipated business, research or
                  development work of the Company and shall do anything
                  reasonably necessary to enable the Company to secure a patent
                  where appropriate in the United States and in foreign
                  countries.

            (iv)  Upon exercise, payment or delivery pursuant to a Grant, the
                  Participant shall certify on a form acceptable to the
                  Committee that he or she is in compliance with the terms and
                  conditions of the Plan. Failure to comply with all of the
                  provisions of this Section 6(c) prior to, or during the six
                  months after, any exercise, payment or delivery pursuant to a
                  Grant shall cause such exercise, payment or delivery to be
                  rescinded. The Company shall notify the Participant in writing
                  of any such rescission within two years after such exercise,
                  payment or delivery. Within ten days after receiving such a
                  notice from the Company, the Participant shall pay to the
                  Company the amount of any gain realized or payment received as
                  a result of the rescinded exercise, payment or delivery
                  pursuant to a Grant. Such payment shall be made either in cash
                  or by returning to the Company the number of shares of Stock
                  that the Participant received in connection with the rescinded
                  exercise, payment or delivery.

                                     - 10 -
<PAGE>

      (d)   Nonassignability.

            (i)   Except pursuant to Section 6(e)(iii) and except as set forth
                  in Section 6(d)(ii), no Grant or any other benefit under the
                  Plan shall be assignable or transferable, or payable to or
                  exercisable by, anyone other than the Participant to whom it
                  was granted.

            (ii)  Where a Participant terminates employment and retains a Grant
                  pursuant to Section 6(e)(ii) in order to assume a position
                  with a governmental, charitable or educational institution,
                  the Board or Committee, in its discretion and to the extent
                  permitted by law, may authorize a third party (including but
                  not limited to the trustee of a "blind" trust), acceptable to
                  the applicable governmental or institutional authorities, the
                  Participant and the Board or Committee, to act on behalf of
                  the Participant with regard to such Awards.

      (e)   Termination of Employment. If the employment or service to the
            Company of a Participant terminates, other than pursuant to any of
            the following provisions under this Section 6(e), all unexercised,
            deferred and unpaid Stock Awards or Restricted Stock Purchase Offers
            shall be cancelled immediately, unless the Stock Award Agreement or
            Restricted Stock Purchase Offer provides otherwise:

            (i)   Retirement Under a Company Retirement Plan. When a
                  Participant's employment terminates as a result of retirement
                  in accordance with the terms of a Company retirement plan, the
                  Board or Committee may permit Stock Awards or Restricted Stock
                  Purchase Offers to continue in effect beyond the date of
                  retirement in accordance with the applicable Grant Agreement
                  and the exercisability and vesting of any such Grants may be
                  accelerated.

            (ii)  Rights in the Best Interests of the Company. When a
                  Participant resigns from the Company and, in the judgment of
                  the Board or Committee, the acceleration and/or continuation
                  of outstanding Stock Awards or Restricted Stock Purchase
                  Offers would be in the best interests of the Company, the
                  Board or Committee may (i) authorize, where appropriate, the
                  acceleration and/or continuation of all or any part of Grants
                  issued prior to such termination and (ii) permit the exercise,
                  vesting and payment of such Grants for such period as may be
                  set forth in the applicable Grant Agreement, subject to
                  earlier cancellation pursuant to Section 9 or at such time as
                  the Board or Committee shall deem the continuation of all or
                  any part of the Participant's Grants are not in the Company's
                  best interest.

            (iii) Death or Disability of a Participant.

                  (1)   In the event of a Participant's death, the Participant's
                        estate or beneficiaries shall have a period up to the
                        expiration date specified in the Grant Agreement within
                        which to receive or exercise any outstanding Grant held
                        by the Participant under such terms as may be specified
                        in the applicable Grant Agreement. Rights to any such
                        outstanding Grants shall pass by will or the laws of
                        descent and distribution in the following order: (a) to
                        beneficiaries so designated by the Participant; if none,
                        then (b) to a legal representative of the Participant;
                        if none, then (c) to the persons entitled thereto as
                        determined by a court of competent jurisdiction. Grants
                        so passing shall be made at such times and in such
                        manner as if the Participant were living.

                                     - 11 -
<PAGE>

                  (2)   In the event a Participant is deemed by the Board or
                        Committee to be unable to perform his or her usual
                        duties by reason of mental disorder or medical condition
                        which does not result from facts which would be grounds
                        for termination for cause, Grants and rights to any such
                        Grants may be paid to or exercised by the Participant,
                        if legally competent, or a committee or other legally
                        designated guardian or representative if the Participant
                        is legally incompetent by virtue of such disability.

                  (3)   After the death or disability of a Participant, the
                        Board or Committee may in its sole discretion at any
                        time (1) terminate restrictions in Grant Agreements; (2)
                        accelerate any or all installments and rights; and (3)
                        instruct the Company to pay the total of any accelerated
                        payments in a lump sum to the Participant, the
                        Participant's estate, beneficiaries or representative;
                        notwithstanding that, in the absence of such termination
                        of restrictions or acceleration of payments, any or all
                        of the payments due under the Grant might ultimately
                        have become payable to other beneficiaries.

                  (4)   In the event of uncertainty as to interpretation of or
                        controversies concerning this Section 6, the
                        determinations of the Board or Committee, as applicable,
                        shall be binding and conclusive.

7.    Investment Intent. All Grants under the Plan are intended to be exempt
      from registration under the Securities Act provided by Rule 701
      thereunder. Unless and until the granting of Options or sale and issuance
      of Stock subject to the Plan are registered under the Securities Act or
      shall be exempt pursuant to the rules promulgated thereunder, each Grant
      under the Plan shall provide that the purchases or other acquisitions of
      Stock thereunder shall be for investment purposes and not with a view to,
      or for resale in connection with, any distribution thereof. Further,
      unless the issuance and sale of the Stock have been registered under the
      Securities Act, each Grant shall provide that no shares shall be purchased
      upon the exercise of the rights under such Grant unless and until (i) all
      then applicable requirements of state and federal laws and regulatory
      agencies shall have been fully complied with to the satisfaction of the
      Company and its counsel, and (ii) if requested to do so by the Company,
      the person exercising the rights under the Grant shall (i) give written
      assurances as to knowledge and experience of such person (or a
      representative employed by such person) in financial and business matters
      and the ability of such person (or representative) to evaluate the merits
      and risks of exercising the Option, and (ii) execute and deliver to the
      Company a letter of investment intent and/or such other form related to
      applicable exemptions from registration, all in such form and substance as
      the Company may require. If shares are issued upon exercise of any rights
      under a Grant without registration under the Securities Act, subsequent
      registration of such shares shall relieve the purchaser thereof of any
      investment restrictions or representations made upon the exercise of such
      rights.

                                     - 12 -
<PAGE>

8.    Amendment, Modification, Suspension or Discontinuance of the Plan. The
      Board may, insofar as permitted by law, from time to time, with respect to
      any shares at the time not subject to outstanding Grants, suspend or
      terminate the Plan or revise or amend it in any respect whatsoever, except
      that without the approval of the shareholders of the Company, no such
      revision or amendment shall (i) increase the number of shares subject to
      the Plan, (ii) decrease the price at which Grants may be granted, (iii)
      materially increase the benefits to Participants, or (iv) change the class
      of persons eligible to receive Grants under the Plan; provided, however,
      no such action shall alter or impair the rights and obligations under any
      Option, or Stock Award, or Restricted Stock Purchase Offer outstanding as
      of the date thereof without the written consent of the Participant
      thereunder. No Grant may be issued while the Plan is suspended or after it
      is terminated, but the rights and obligations under any Grant issued while
      the Plan is in effect shall not be impaired by suspension or termination
      of the Plan.

            In the event of any change in the outstanding Stock by reason of a
      stock split, stock dividend, combination or reclassification of shares,
      recapitalization, merger, or similar event, the Board or the Committee may
      adjust proportionally (a) the number of shares of Stock (i) reserved under
      the Plan, (ii) available for Incentive Stock Options and Nonstatutory
      Options and (iii) covered by outstanding Stock Awards or Restricted Stock
      Purchase Offers; (b) the Stock prices related to outstanding Grants; and
      (c) the appropriate Fair Market Value and other price determinations for
      such Grants. In the event of any other change affecting the Stock or any
      distribution (other than normal cash dividends) to holders of Stock, such
      adjustments as may be deemed equitable by the Board or the Committee,
      including adjustments to avoid fractional shares, shall be made to give
      proper effect to such event. In the event of a corporate merger,
      consolidation, acquisition of property or stock, separation,
      reorganization or liquidation, the Board or the Committee shall be
      authorized to issue or assume stock options, whether or not in a
      transaction to which Section 424(a) of the Code applies, and other Grants
      by means of substitution of new Grant Agreements for previously issued
      Grants or an assumption of previously issued Grants.

9.    Tax Withholding. The Company shall have the right to deduct applicable
      taxes from any Grant payment and withhold, at the time of delivery or
      exercise of Options, Stock Awards or Restricted Stock Purchase Offers or
      vesting of shares under such Grants, an appropriate number of shares for
      payment of taxes required by law or to take such other action as may be
      necessary in the opinion of the Company to satisfy all obligations for
      withholding of such taxes. If Stock is used to satisfy tax withholding,
      such stock shall be valued based on the Fair Market Value when the tax
      withholding is required to be made.

10.   Availability of Information. During the term of the Plan and any
      additional period during which a Grant granted pursuant to the Plan shall
      be exercisable, the Company shall make available, not later than one
      hundred and twenty (120) days following the close of each of its fiscal
      years, such financial and other information regarding the Company as is
      required by the bylaws of the Company and applicable law to be furnished
      in an annual report to the shareholders of the Company.

11.   Notice. Any written notice to the Company required by any of the
      provisions of the Plan shall be addressed to the chief personnel officer
      or to the chief executive officer of the Company, and shall become
      effective when it is received by the office of the chief personnel officer
      or the chief executive officer.

                                     - 13 -
<PAGE>

12.   Indemnification of Board. In addition to such other rights or
      indemnifications as they may have as directors or otherwise, and to the
      extent allowed by applicable law, the members of the Board and the
      Committee shall be indemnified by the Company against the reasonable
      expenses, including attorneys' fees, actually and necessarily incurred in
      connection with the defense of any claim, action, suit or proceeding, or
      in connection with any appeal thereof, to which they or any of them may be
      a party by reason of any action taken, or failure to act, under or in
      connection with the Plan or any Grant granted thereunder, and against all
      amounts paid by them in settlement thereof (provided such settlement is
      approved by independent legal counsel selected by the Company) or paid by
      them in satisfaction of a judgment in any such claim, action, suit or
      proceeding, except in any case in relation to matters as to which it shall
      be adjudged in such claim, action, suit or proceeding that such Board or
      Committee member is liable for negligence or misconduct in the performance
      of his or her duties; provided that within sixty (60) days after
      institution of any such action, suit or Board proceeding the member
      involved shall offer the Company, in writing, the opportunity, at its own
      expense, to handle and defend the same.

13.   Governing Law. The Plan and all determinations made and actions taken
      pursuant hereto, to the extent not otherwise governed by the Code or the
      securities laws of the United States, shall be governed by the law of the
      State of Delaware and construed accordingly.

14.   Effective and Termination Dates. The Plan shall become effective on the
      date it is approved by the holders of a majority of the shares of Stock
      then outstanding. The Plan shall terminate ten years later, subject to
      earlier termination by the Board pursuant to Section 8.

      The foregoing 2005 INCENTIVE STOCK PLAN (consisting of 14 pages, including
this page) was duly adopted and approved by the Board of Directors on _________,
2005 and subject to the approval of the shareholders of the Corporation on or
before ________, 2005.

                                          ADZONE RESEARCH, INC.,
                                          a Delaware corporation

                                          By:  /s/ Charles Cardona
                                               -------------------------
                                               Charles Cardona
                                          Its: Chief Executive Officer

                                     - 14 -
<PAGE>

                                    EXHIBIT A

                              ADZONE RESEARCH, INC.
                        INCENTIVE STOCK OPTION AGREEMENT

================================================================================

      THIS INCENTIVE STOCK OPTION AGREEMENT ("Agreement") is made and entered
into as of the date set forth below, by and between ADZONE RESEARCH, INC., a
Delaware corporation (the "Company"), and the employee of the Company named in
Section 1(b). ("Optionee"):

      In consideration of the covenants herein set forth, the parties hereto
agree as follows:

      1. Option Information.

            (a)   Date of Option:       _______________________

            (b)   Optionee:             _______________________

            (c)   Number of Shares:     _______________________

            (d)   Exercise Price:       _______________________

      2. Acknowledgements.

            (a)   Optionee is an employee of the Company.

            (b) The Board of Directors (the "Board" which term shall include an
      authorized committee of the Board of Directors) and shareholders of the
      Company have heretofore adopted a 2005 INCENTIVE STOCK PLAN (the "Plan"),
      pursuant to which this Option is being granted.

            (c) The Board has authorized the granting to Optionee of an
      incentive stock option ("Option") as defined in Section 422 of the
      Internal Revenue Code of 1986, as amended, (the "Code") to purchase shares
      of common stock of the Company ("Stock") upon the terms and conditions
      hereinafter stated and pursuant to an exemption from registration under
      the Securities Act of 1933, as amended (the "Securities Act") provided by
      Rule 701 thereunder.

      3. Shares; Price. The Company hereby grants to Optionee the right to
purchase, upon and subject to the terms and conditions herein stated, the number
of shares of Stock set forth in Section 1(c) above (the "Shares") for cash (or
other consideration as is authorized under the Plan and acceptable to the Board,
in their sole and absolute discretion) at the price per Share set forth in
Section 1(d) above (the "Exercise Price"), such price being not less than the
fair market value per share of the Shares covered by this Option as of the date
hereof (unless Optionee is the owner of Stock possessing ten percent or more of
the total voting power or value of all outstanding Stock of the Company, in
which case the Exercise Price shall be no less than 110% of the fair market
value of such Stock).
<PAGE>

      4. Term of Option; Continuation of Employment. This Option shall expire,
and all rights hereunder to purchase the Shares shall terminate five (5) from
the date hereof. This Option shall earlier terminate subject to Sections 7 and 8
hereof upon, and as of the date of, the termination of Optionee's employment if
such termination occurs prior to the end of such five (5) year period. Nothing
contained herein shall confer upon Optionee the right to the continuation of his
or her employment by the Company or to interfere with the right of the Company
to terminate such employment or to increase or decrease the compensation of
Optionee from the rate in existence at the date hereof.

      5. Vesting of Option. Subject to the provisions of Sections 7 and 8
hereof, this Option shall become exercisable during the term of Optionee's
employment in four (4) equal annual installments of twenty-five percent (25%) of
the Shares covered by this Option, the first installment to be exercisable on
the six (6) month anniversary of the date of this Option (the "Initial Vesting
Date"), with an additional twenty-five percent (25%) of such Shares becoming
exercisable on each of the three (3) successive twelve (12) month periods
following the Initial Vesting Date. The installments shall be cumulative (i.e.,
this option may be exercised, as to any or all Shares covered by an installment,
at any time or times after an installment becomes exercisable and until
expiration or termination of this option).

      6. Exercise. This Option shall be exercised by delivery to the Company of
(a) written notice of exercise stating the number of Shares being purchased (in
whole shares only) and such other information set forth on the form of Notice of
Exercise attached hereto as Appendix A, (b) a check or cash in the amount of the
Exercise Price of the Shares covered by the notice (or such other consideration
as has been approved by the Board of Directors consistent with the Plan) and (c)
a written investment representation as provided for in Section 13 hereof. This
Option shall not be assignable or transferable, except by will or by the laws of
descent and distribution, and shall be exercisable only by Optionee during his
or her lifetime, except as provided in Section 8 hereof.

      7. Termination of Employment. If Optionee shall cease to be employed by
the Company for any reason, whether voluntarily or involuntarily, other than by
his or her death, Optionee (or if the Optionee shall die after such termination,
but prior to such exercise date, Optionee's personal representative or the
person entitled to succeed to the Option) shall have the right at any time
within three (3) months following such termination of employment or the
remaining term of this Option, whichever is the lesser, to exercise in whole or
in part this Option to the extent, but only to the extent, that this Option was
exercisable as of the date of termination of employment and had not previously
been exercised; provided, however: (i) if Optionee is permanently disabled
(within the meaning of Section 22(e)(3) of the Code) at the time of termination,
the foregoing three (3) month period shall be extended to six (6) months; or
(ii) if Optionee is terminated "for cause" as that term is defined under the
Delaware Labor Code and case law related thereto, or by the terms of the Plan or
this Option Agreement or by any employment agreement between the Optionee and
the Company, this Option shall automatically terminate as to all Shares covered
by this Option not exercised prior to termination. Unless earlier terminated,
all rights under this Option shall terminate in any event on the expiration date
of this Option as defined in Section 4 hereof.

                                     - 2 -
<PAGE>

      8. Death of Optionee. If the Optionee shall die while in the employ of the
Company, Optionee's personal representative or the person entitled to Optionee's
rights hereunder may at any time within six (6) months after the date of
Optionee's death, or during the remaining term of this Option, whichever is the
lesser, exercise this Option and purchase Shares to the extent, but only to the
extent, that Optionee could have exercised this Option as of the date of
Optionee's death; provided, in any case, that this Option may be so exercised
only to the extent that this Option has not previously been exercised by
Optionee.

      9. No Rights as Shareholder. Optionee shall have no rights as a
shareholder with respect to the Shares covered by any installment of this Option
until the effective date of issuance of Shares following exercise of this
Option, and no adjustment will be made for dividends or other rights for which
the record date is prior to the date such stock certificate or certificates are
issued except as provided in Section 10 hereof.

      10. Recapitalization. Subject to any required action by the shareholders
of the Company, the number of Shares covered by this Option, and the Exercise
Price thereof, shall be proportionately adjusted for any increase or decrease in
the number of issued shares resulting from a subdivision or consolidation of
shares or the payment of a stock dividend, or any other increase or decrease in
the number of such shares effected without receipt of consideration by the
Company; provided however that the conversion of any convertible securities of
the Company shall not be deemed having been "effected without receipt of
consideration by the Company".

      In the event of a proposed dissolution or liquidation of the Company, a
merger or consolidation in which the Company is not the surviving entity, or a
sale of all or substantially all of the assets or capital stock of the Company
(collectively, a "Reorganization"), unless otherwise provided by the Board, this
Option shall terminate immediately prior to such date as is determined by the
Board, which date shall be no later than the consummation of such
Reorganization. In such event, if the entity which shall be the surviving entity
does not tender to Optionee an offer, for which it has no obligation to do so,
to substitute for any unexercised Option a stock option or capital stock of such
surviving of such surviving entity, as applicable, which on an equitable basis
shall provide the Optionee with substantially the same economic benefit as such
unexercised Option, then the Board may grant to such Optionee, in its sole and
absolute discretion and without obligation, the right for a period commencing
thirty (30) days prior to and ending immediately prior to the date determined by
the Board pursuant hereto for termination of the Option or during the remaining
term of the Option, whichever is the lesser, to exercise any unexpired Option or
Options without regard to the installment provisions of Section 5; provided,
however, that such exercise shall be subject to the consummation of such
Reorganization.

      Subject to any required action by the shareholders of the Company, if the
Company shall be the surviving entity in any merger or consolidation, this
Option thereafter shall pertain to and apply to the securities to which a holder
of Shares equal to the Shares subject to this Option would have been entitled by
reason of such merger or consolidation, and the installment provisions of
Section 5 shall continue to apply.

      In the event of a change in the shares of the Company as presently
constituted, which is limited to a change of all of its authorized Stock without
par value into the same number of shares of Stock with a par value, the shares
resulting from any such change shall be deemed to be the Shares within the
meaning of this Option.

                                     - 3 -
<PAGE>

      To the extent that the foregoing adjustments relate to shares or
securities of the Company, such adjustments shall be made by the Board, whose
determination in that respect shall be final, binding and conclusive. Except as
hereinbefore expressly provided, Optionee shall have no rights by reason of any
subdivision or consolidation of shares of Stock of any class or the payment of
any stock dividend or any other increase or decrease in the number of shares of
stock of any class, and the number and price of Shares subject to this Option
shall not be affected by, and no adjustments shall be made by reason of, any
dissolution, liquidation, merger, consolidation or sale of assets or capital
stock, or any issue by the Company of shares of stock of any class or securities
convertible into shares of stock of any class.

      The grant of this Option shall not affect in any way the right or power of
the Company to make adjustments, reclassifications, reorganizations or changes
in its capital or business structure or to merge, consolidate, dissolve or
liquidate or to sell or transfer all or any part of its business or assets.

      11. Additional Consideration. Should the Internal Revenue Service
determine that the Exercise Price established by the Board as the fair market
value per Share is less than the fair market value per Share as of the date of
Option grant, Optionee hereby agrees to tender such additional consideration, or
agrees to tender upon exercise of all or a portion of this Option, such fair
market value per Share as is determined by the Internal Revenue Service.

      12. Modifications, Extension and Renewal of Options. The Board or
Committee, as described in the Plan, may modify, extend or renew this Option or
accept the surrender thereof (to the extent not theretofore exercised) and
authorize the granting of a new option in substitution therefore (to the extent
not theretofore exercised), subject at all times to the Plan, and Section 422 of
the Code. Notwithstanding the foregoing provisions of this Section 12, no
modification shall, without the consent of the Optionee, alter to the Optionee's
detriment or impair any rights of Optionee hereunder.

      13. Investment Intent; Restrictions on Transfer.

            (a) Optionee represents and agrees that if Optionee exercises this
      Option in whole or in part, Optionee will in each case acquire the Shares
      upon such exercise for the purpose of investment and not with a view to,
      or for resale in connection with, any distribution thereof; and that upon
      such exercise of this Option in whole or in part, Optionee (or any person
      or persons entitled to exercise this Option under the provisions of
      Sections 7 and 8 hereof) shall furnish to the Company a written statement
      to such effect, satisfactory to the Company in form and substance. If the
      Shares represented by this Option are registered under the Securities Act,
      either before or after the exercise of this Option in whole or in part,
      the Optionee shall be relieved of the foregoing investment representation
      and agreement and shall not be required to furnish the Company with the
      foregoing written statement.

            (b) Optionee further represents that Optionee has had access to the
      financial statements or books and records of the Company, has had the
      opportunity to ask questions of the Company concerning its business,
      operations and financial condition, and to obtain additional information
      reasonably necessary to verify the accuracy of such information.

                                     - 4 -
<PAGE>

            (c) Unless and until the Shares represented by this Option are
      registered under the Securities Act, all certificates representing the
      Shares and any certificates subsequently issued in substitution therefor
      and any certificate for any securities issued pursuant to any stock split,
      share reclassification, stock dividend or other similar capital event
      shall bear legends in substantially the following form:

      THESE SECURITIES HAVE NOT BEEN REGISTERED OR OTHERWISE QUALIFIED UNDER THE
      SECURITIES ACT OF 1933 (THE 'SECURITIES ACT') OR UNDER THE APPLICABLE OR
      SECURITIES LAWS OF ANY STATE. NEITHER THESE SECURITIES NOR ANY INTEREST
      THEREIN MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE
      ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR ANY APPLICABLE
      SECURITIES LAWS OF ANY STATE, UNLESS PURSUANT TO EXEMPTIONS THEREFROM.

      THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED PURSUANT TO
      THAT CERTAIN INCENTIVE STOCK OPTION AGREEMENT DATED ____________ BETWEEN
      THE COMPANY AND THE ISSUEE WHICH RESTRICTS THE TRANSFER OF THESE SHARES
      WHICH ARE SUBJECT TO REPURCHASE BY THE COMPANY UNDER CERTAIN CONDITIONS.

such other legend or legends as the Company and its counsel deem necessary or
appropriate. Appropriate stop transfer instructions with respect to the Shares
have been placed with the Company's transfer agent.

      14. Effects of Early Disposition. Optionee understands that if an Optionee
disposes of shares acquired hereunder within two (2) years after the date of
this Option or within one (1) year after the date of issuance of such shares to
Optionee, such Optionee will be treated for income tax purposes as having
received ordinary income at the time of such disposition of an amount generally
measured by the difference between the purchase price and the fair market value
of such stock on the date of exercise, subject to adjustment for any tax
previously paid, in addition to any tax on the difference between the sales
price and Optionee's adjusted cost basis in such shares. The foregoing amount
may be measured differently if Optionee is an officer, director or ten percent
holder of the Company. Optionee agrees to notify the Company within ten (10)
working days of any such disposition.

      15. Stand-off Agreement. Optionee agrees that in connection with any
registration of the Company's securities under the Securities Act, and upon the
request of the Company or any underwriter managing an underwritten offering of
the Company's securities, Optionee shall not sell, short any sale of, loan,
grant an option for, or otherwise dispose of any of the Shares (other than
Shares included in the offering) without the prior written consent of the
Company or such managing underwriter, as applicable, for a period of at least
one year following the effective date of registration of such offering.

                                     - 5 -
<PAGE>

      16. Restriction Upon Transfer. The Shares may not be sold, transferred or
otherwise disposed of and shall not be pledged or otherwise hypothecated by the
Optionee except as hereinafter provided.

            (a) Repurchase Right on Termination Other Than for Cause. For the
      purposes of this Section, a "Repurchase Event" shall mean an occurrence of
      one of (i) termination of Optionee's employment by the Company, voluntary
      or involuntary and with or without cause; (ii) retirement or death of
      Optionee; (iii) bankruptcy of Optionee, which shall be deemed to have
      occurred as of the date on which a voluntary or involuntary petition in
      bankruptcy is filed with a court of competent jurisdiction; (iv)
      dissolution of the marriage of Optionee, to the extent that any of the
      Shares are allocated as the sole and separate property of Optionee's
      spouse pursuant thereto (in which case this Section shall only apply to
      the Shares so affected); or (v) any attempted transfer by the Optionee of
      Shares, or any interest therein, in violation of this Agreement. Upon the
      occurrence of a Repurchase Event, the Company shall have the right (but
      not an obligation) to repurchase all or any portion of the Shares of
      Optionee at a price equal to the fair value of the Shares as of the date
      of the Repurchase Event.

            (b) Repurchase Right on Termination for Cause. In the event
      Optionee's employment is terminated by the Company "for cause", then the
      Company shall have the right (but not an obligation) to repurchase Shares
      of Optionee at a price equal to the Exercise Price. Such right of the
      Company to repurchase Shares shall apply to 100% of the Shares for one (1)
      year from the date of this Agreement; and shall thereafter lapse at the
      rate of twenty percent (20%) of the Shares on each anniversary of the date
      of this Agreement. In addition, the Company shall have the right, in the
      sole discretion of the Board and without obligation, to repurchase upon
      termination for cause all or any portion of the Shares of Optionee, at a
      price equal to the fair value of the Shares as of the date of termination,
      which right is not subject to the foregoing lapsing of rights. In the
      event the Company elects to repurchase the Shares, the stock certificates
      representing the same shall forthwith be returned to the Company for
      cancellation.

            (c) Exercise of Repurchase Right. Any Repurchase Right under
      Paragraphs 16(a) or 16(b) shall be exercised by giving notice of exercise
      as provided herein to Optionee or the estate of Optionee, as applicable.
      Such right shall be exercised, and the repurchase price thereunder shall
      be paid, by the Company within a ninety (90) day period beginning on the
      date of notice to the Company of the occurrence of such Repurchase Event
      (except in the case of termination of employment or retirement, where such
      option period shall begin upon the occurrence of the Repurchase Event).
      Such repurchase price shall be payable only in the form of cash (including
      a check drafted on immediately available funds) or cancellation of
      purchase money indebtedness of the Optionee for the Shares. If the Company
      can not purchase all such Shares because it is unable to meet the
      financial tests set forth in Delaware and/or Delaware corporation law, the
      Company shall have the right to purchase as many Shares as it is permitted
      to purchase under such sections. Any Shares not purchased by the Company
      hereunder shall no longer be subject to the provisions of this Section 16.

                                     - 6 -
<PAGE>

            (d) Right of First Refusal. In the event Optionee desires to
      transfer any Shares during his or her lifetime, Optionee shall first offer
      to sell such Shares to the Company. Optionee shall deliver to the Company
      written notice of the intended sale, such notice to specify the number of
      Shares to be sold, the proposed purchase price and terms of payment, and
      grant the Company an option for a period of thirty days following receipt
      of such notice to purchase the offered Shares upon the same terms and
      conditions. To exercise such option, the Company shall give notice of that
      fact to Optionee within the thirty (30) day notice period and agree to pay
      the purchase price in the manner provided in the notice. If the Company
      does not purchase all of the Shares so offered during foregoing option
      period, Optionee shall be under no obligation to sell any of the offered
      Shares to the Company, but may dispose of such Shares in any lawful manner
      during a period of one hundred and eighty (180) days following the end of
      such notice period, except that Optionee shall not sell any such Shares to
      any other person at a lower price or upon more favorable terms than those
      offered to the Company.

            (e) Acceptance of Restrictions. Acceptance of the Shares shall
      constitute the Optionee's agreement to such restrictions and the legending
      of his certificates with respect thereto. Notwithstanding such
      restrictions, however, so long as the Optionee is the holder of the
      Shares, or any portion thereof, he shall be entitled to receive all
      dividends declared on and to vote the Shares and to all other rights of a
      shareholder with respect thereto.

            (f) Permitted Transfers. Notwithstanding any provisions in this
      Section 16 to the contrary, the Optionee may transfer Shares subject to
      this Agreement to his or her parents, spouse, children, or grandchildren,
      or a trust for the benefit of the Optionee or any such transferee(s);
      provided, that such permitted transferee(s) shall hold the Shares subject
      to all the provisions of this Agreement (all references to the Optionee
      herein shall in such cases refer mutatis mutandis to the permitted
      transferee, except in the case of clause (iv) of Section 16(a) wherein the
      permitted transfer shall be deemed to be rescinded); and provided further,
      that notwithstanding any other provisions in this Agreement, a permitted
      transferee may not, in turn, make permitted transfers without the written
      consent of the Optionee and the Company.

            (g) Release of Restrictions on Shares. All other restrictions under
      this Section 16 shall terminate five (5) years following the date of this
      Agreement, or when the Company's securities are publicly traded, whichever
      occurs earlier.

      17. Notices. Any notice required to be given pursuant to this Option or
the Plan shall be in writing and shall be deemed to be delivered upon receipt
or, in the case of notices by the Company, five (5) days after deposit in the
U.S. mail, postage prepaid, addressed to Optionee at the address last provided
to the Company by Optionee for his or her employee records.

      18. Agreement Subject to Plan; Applicable Law. This Option is made
pursuant to the Plan and shall be interpreted to comply therewith. A copy of
such Plan is available to Optionee, at no charge, at the principal office of the
Company. Any provision of this Option inconsistent with the Plan shall be
considered void and replaced with the applicable provision of the Plan. This
Option has been granted, executed and delivered in the State of Delaware, and
the interpretation and enforcement shall be governed by the laws thereof and
subject to the exclusive jurisdiction of the courts therein.

                                     - 7 -
<PAGE>

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

                           COMPANY:     ADZONE RESEARCH, INC.,
                                        a Delaware corporation

                                        By:_____________________________
                                        Name:___________________________
                                        Title:__________________________

                           OPTIONEE:
                                        By:  ___________________________
                                             (signature)
                                        Name:___________________________

             (one of the following, as appropriate, shall be signed)

I certify that as of the date          By his or her signature, the spouse of
hereof I am unmarried                  Optionee hereby agrees to be bound by the
                                       provisions of the foregoing INCENTIVE
                                       STOCK OPTION AGREEMENT

_____________________________          ________________________________________
        Optionee                                Spouse of Optionee

                                     - 8 -
<PAGE>

                                   Appendix A

                               NOTICE OF EXERCISE

ADZONE RESEARCH, INC.

         Re: Incentive Stock Option

      Notice is hereby given pursuant to Section 6 of my Incentive Stock Option
Agreement that I elect to purchase the number of shares set forth below at the
exercise price set forth in my option agreement:

      Incentive Stock Option Agreement dated: ____________

      Number of shares being purchased: ____________

      Exercise Price: $____________

      A check in the amount of the aggregate price of the shares being purchased
is attached.

      I hereby confirm that such shares are being acquired by me for my own
account for investment purposes, and not with a view to, or for resale in
connection with, any distribution thereof. I will not sell or dispose of my
Shares in violation of the Securities Act of 1933, as amended, or any applicable
federal or state securities laws. Further, I understand that the exemption from
taxable income at the time of exercise is dependent upon my holding such stock
for a period of at least one year from the date of exercise and two years from
the date of grant of the Option.

      I understand that the certificate representing the Option Shares will bear
a restrictive legend within the contemplation of the Securities Act and as
required by such other state or federal law or regulation applicable to the
issuance or delivery of the Option Shares.

      I agree to provide to the Company such additional documents or information
as may be required pursuant to the Company's 2005 INCENTIVE STOCK PLAN.

                                                  By:    _______________________
                                                         (signature)

                                                  Name:  _______________________

                                   Appendix A
<PAGE>

                                   EXHIBIT B-1

                              ADZONE RESEARCH, INC.
                  EMPLOYEE NONSTATUTORY STOCK OPTION AGREEMENT

================================================================================

      THIS EMPLOYEE NONSTATUTORY STOCK OPTION AGREEMENT ("Agreement") is made
and entered into as of the date set forth below, by and between ADZONE RESEARCH,
INC., a Delaware corporation (the "Company"), and the following employee of the
Company ("Optionee"):

      In consideration of the covenants herein set forth, the parties hereto
agree as follows:

      1. Option Information.

            (a) Date of Option:         ________________________

            (b) Optionee:               ________________________

            (c) Number of Shares:       ________________________

            (d) Exercise Price:         ________________________

      2. Acknowledgements.

            (a) Optionee is an employee of the Company.

            (b) The Board of Directors (the "Board" which term shall include an
      authorized committee of the Board of Directors) and shareholders of the
      Company have heretofore adopted a 2005 INCENTIVE STOCK PLAN (the "Plan"),
      pursuant to which this Option is being granted; and

            (c) The Board has authorized the granting to Optionee of a
      nonstatutory stock option ("Option") to purchase shares of common stock of
      the Company ("Stock") upon the terms and conditions hereinafter stated and
      pursuant to an exemption from registration under the Securities Act of
      1933, as amended (the "Securities Act") provided by Rule 701 thereunder.

      3. Shares; Price. Company hereby grants to Optionee the right to purchase,
upon and subject to the terms and conditions herein stated, the number of shares
of Stock set forth in Section 1(c) above (the "Shares") for cash (or other
consideration as is authorized under the Plan and acceptable to the Board of
Directors of the Company, in their sole and absolute discretion) at the price
per Share set forth in Section 1(d) above (the "Exercise Price"), such price
being not less than eighty-five percent (85%) of the fair market value per share
of the Shares covered by this Option as of the date hereof.

      4. Term of Option; Continuation of Service. This Option shall expire, and
all rights hereunder to purchase the Shares shall terminate, five (5) years from
the date hereof. This Option shall earlier terminate subject to Sections 7 and 8
hereof upon, and as of the date of, the termination of Optionee's employment if
such termination occurs prior to the end of such five (5) year period. Nothing
contained herein shall confer upon Optionee the right to the continuation of his
or her employment by the Company or to interfere with the right of the Company
to terminate such employment or to increase or decrease the compensation of
Optionee from the rate in existence at the date hereof.

                                       1
<PAGE>

      5. Vesting of Option. Subject to the provisions of Sections 7 and 8
hereof, this Option shall become exercisable during the term of Optionee's
employment in five (5) equal annual installments of twenty percent (20%) of the
Shares covered by this Option, the first installment to be exercisable on the
first anniversary of the date of this Option, with an additional twenty percent
(20%) of such Shares becoming exercisable on each of the four (4) successive
anniversary dates. The installments shall be cumulative (i.e., this option may
be exercised, as to any or all shares covered by an installment, at any time or
times after an installment becomes exercisable and until expiration or
termination of this option).

      6. Exercise. This Option shall be exercised by delivery to the Company of
(a) written notice of exercise stating the number of Shares being purchased (in
whole shares only) and such other information set forth on the form of Notice of
Exercise attached hereto as Appendix A, (b) a check or cash in the amount of the
Exercise Price of the Shares covered by the notice (or such other consideration
as has been approved by the Board of Directors consistent with the Plan) and (c)
a written investment representation as provided for in Section 13 hereof. This
Option shall not be assignable or transferable, except by will or by the laws of
descent and distribution, and shall be exercisable only by Optionee during his
or her lifetime, except as provided in Section 8 hereof.

      7. Termination of Employment. If Optionee shall cease to be employed by
the Company for any reason, whether voluntarily or involuntarily, other than by
his or her death, Optionee (or if the Optionee shall die after such termination,
but prior to such exercise date, Optionee's personal representative or the
person entitled to succeed to the Option) shall have the right at any time
within three (3) months following such termination of employment or the
remaining term of this Option, whichever is the lesser, to exercise in whole or
in part this Option to the extent, but only to the extent, that this Option was
exercisable as of the date of termination of employment and had not previously
been exercised; provided, however: (i) if Optionee is permanently disabled
(within the meaning of Section 22(e)(3) of the Code) at the time of termination,
the foregoing three (3) month period shall be extended to six (6) months; or
(ii) if Optionee is terminated "for cause" as that term is defined under the
Delaware Labor Code and case law related thereto, or by the terms of the Plan or
this Option Agreement or by any employment agreement between the Optionee and
the Company, this Option shall automatically terminate as to all Shares covered
by this Option not exercised prior to termination.

      Unless earlier terminated, all rights under this Option shall terminate in
any event on the expiration date of this Option as defined in Section 4 hereof.

      8. Death of Optionee. If the Optionee shall die while in the employ of the
Company, Optionee's personal representative or the person entitled to Optionee's
rights hereunder may at any time within six (6) months after the date of
Optionee's death, or during the remaining term of this Option, whichever is the
lesser, exercise this Option and purchase Shares to the extent, but only to the
extent, that Optionee could have exercised this Option as of the date of
Optionee's death; provided, in any case, that this Option may be so exercised
only to the extent that this Option has not previously been exercised by
Optionee.

                                       2
<PAGE>

      9. No Rights as Shareholder. Optionee shall have no rights as a
shareholder with respect to the Shares covered by any installment of this Option
until the effective date of issuance of the Shares following exercise of this
Option, and no adjustment will be made for dividends or other rights for which
the record date is prior to the date such stock certificate or certificates are
issued except as provided in Section 10 hereof.

      10. Recapitalization. Subject to any required action by the shareholders
of the Company, the number of Shares covered by this Option, and the Exercise
Price thereof, shall be proportionately adjusted for any increase or decrease in
the number of issued shares resulting from a subdivision or consolidation of
shares or the payment of a stock dividend, or any other increase or decrease in
the number of such shares effected without receipt of consideration by the
Company; provided however that the conversion of any convertible securities of
the Company shall not be deemed having been "effected without receipt of
consideration by the Company".

      In the event of a proposed dissolution or liquidation of the Company, a
merger or consolidation in which the Company is not the surviving entity, or a
sale of all or substantially all of the assets or capital stock of the Company
(collectively, a "Reorganization"), unless otherwise provided by the Board, this
Option shall terminate immediately prior to such date as is determined by the
Board, which date shall be no later than the consummation of such
Reorganization. In such event, if the entity which shall be the surviving entity
does not tender to Optionee an offer, for which it has no obligation to do so,
to substitute for any unexercised Option a stock option or capital stock of such
surviving of such surviving entity, as applicable, which on an equitable basis
shall provide the Optionee with substantially the same economic benefit as such
unexercised Option, then the Board may grant to such Optionee, in its sole and
absolute discretion and without obligation, the right for a period commencing
thirty (30) days prior to and ending immediately prior to the date determined by
the Board pursuant hereto for termination of the Option or during the remaining
term of the Option, whichever is the lesser, to exercise any unexpired Option or
Options without regard to the installment provisions of Section 5; provided,
however, that such exercise shall be subject to the consummation of such
Reorganization.

      Subject to any required action by the shareholders of the Company, if the
Company shall be the surviving entity in any merger or consolidation, this
Option thereafter shall pertain to and apply to the securities to which a holder
of Shares equal to the Shares subject to this Option would have been entitled by
reason of such merger or consolidation, and the installment provisions of
Section 5 shall continue to apply.

      In the event of a change in the shares of the Company as presently
constituted, which is limited to a change of all of its authorized Stock without
par value into the same number of shares of Stock with a par value, the shares
resulting from any such change shall be deemed to be the Shares within the
meaning of this Option.

                                       3
<PAGE>

      To the extent that the foregoing adjustments relate to shares or
securities of the Company, such adjustments shall be made by the Board, whose
determination in that respect shall be final, binding and conclusive. Except as
hereinbefore expressly provided, Optionee shall have no rights by reason of any
subdivision or consolidation of shares of Stock of any class or the payment of
any stock dividend or any other increase or decrease in the number of shares of
stock of any class, and the number and price of Shares subject to this Option
shall not be affected by, and no adjustments shall be made by reason of, any
dissolution, liquidation, merger, consolidation or sale of assets or capital
stock, or any issue by the Company of shares of stock of any class or securities
convertible into shares of stock of any class.

      The grant of this Option shall not affect in any way the right or power of
the Company to make adjustments, reclassifications, reorganizations or changes
in its capital or business structure or to merge, consolidate, dissolve or
liquidate or to sell or transfer all or any part of its business or assets.

      11. Taxation upon Exercise of Option. Optionee understands that, upon
exercise of this Option, Optionee will recognize income, for Federal and state
income tax purposes, in an amount equal to the amount by which the fair market
value of the Shares, determined as of the date of exercise, exceeds the Exercise
Price. The acceptance of the Shares by Optionee shall constitute an agreement by
Optionee to report such income in accordance with then applicable law and to
cooperate with Company in establishing the amount of such income and
corresponding deduction to the Company for its income tax purposes. Withholding
for federal or state income and employment tax purposes will be made, if and as
required by law, from Optionee's then current compensation, or, if such current
compensation is insufficient to satisfy withholding tax liability, the Company
may require Optionee to make a cash payment to cover such liability as a
condition of the exercise of this Option.

      12. Modification, Extension and Renewal of Options. The Board or
Committee, as described in the Plan, may modify, extend or renew this Option or
accept the surrender thereof (to the extent not theretofore exercised) and
authorize the granting of a new option in substitution therefore (to the extent
not theretofore exercised), subject at all times to the Plan, the Code and the
Delaware Securities Rules. Notwithstanding the foregoing provisions of this
Section 12, no modification shall, without the consent of the Optionee, alter to
the Optionee's detriment or impair any rights of Optionee hereunder.

      13. Investment Intent; Restrictions on Transfer.

            (a) Optionee represents and agrees that if Optionee exercises this
      Option in whole or in part, Optionee will in each case acquire the Shares
      upon such exercise for the purpose of investment and not with a view to,
      or for resale in connection with, any distribution thereof; and that upon
      such exercise of this Option in whole or in part, Optionee (or any person
      or persons entitled to exercise this Option under the provisions of
      Sections 7 and 8 hereof) shall furnish to the Company a written statement
      to such effect, satisfactory to the Company in form and substance. If the
      Shares represented by this Option are registered under the Securities Act,
      either before or after the exercise of this Option in whole or in part,
      the Optionee shall be relieved of the foregoing investment representation
      and agreement and shall not be required to furnish the Company with the
      foregoing written statement.

                                       4
<PAGE>

            (b) Optionee further represents that Optionee has had access to the
      financial statements or books and records of the Company, has had the
      opportunity to ask questions of the Company concerning its business,
      operations and financial condition, and to obtain additional information
      reasonably necessary to verify the accuracy of such information

            (c) Unless and until the Shares represented by this Option are
      registered under the Securities Act, all certificates representing the
      Shares and any certificates subsequently issued in substitution therefor
      and any certificate for any securities issued pursuant to any stock split,
      share reclassification, stock dividend or other similar capital event
      shall bear legends in substantially the following form:

      THESE SECURITIES HAVE NOT BEEN REGISTERED OR OTHERWISE QUALIFIED UNDER THE
      SECURITIES ACT OF 1933 (THE 'SECURITIES ACT') OR UNDER THE APPLICABLE OR
      SECURITIES LAWS OF ANY STATE. NEITHER THESE SECURITIES NOR ANY INTEREST
      THEREIN MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE
      ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR ANY APPLICABLE
      SECURITIES LAWS OF ANY STATE, UNLESS PURSUANT TO EXEMPTIONS THEREFROM.

      THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED PURSUANT TO
      THAT CERTAIN NONSTATUTORY STOCK OPTION AGREEMENT DATED ____________
      BETWEEN THE COMPANY AND THE ISSUEE WHICH RESTRICTS THE TRANSFER OF THESE
      SHARES WHICH ARE SUBJECT TO REPURCHASE BY THE COMPANY UNDER CERTAIN
      CONDITIONS.

and/or such other legend or legends as the Company and its counsel deem
necessary or appropriate. Appropriate stop transfer instructions with respect to
the Shares have been placed with the Company's transfer agent.

      14. Stand-off Agreement. Optionee agrees that, in connection with any
registration of the Company's securities under the Securities Act, and upon the
request of the Company or any underwriter managing an underwritten offering of
the Company's securities, Optionee shall not sell, short any sale of, loan,
grant an option for, or otherwise dispose of any of the Shares (other than
Shares included in the offering) without the prior written consent of the
Company or such managing underwriter, as applicable, for a period of at least
one year following the effective date of registration of such offering.

                                       5
<PAGE>

      15. Restriction Upon Transfer. The Shares may not be sold, transferred or
otherwise disposed of and shall not be pledged or otherwise hypothecated by the
Optionee except as hereinafter provided.

            (a) Repurchase Right on Termination Other Than for Cause. For the
      purposes of this Section, a "Repurchase Event" shall mean an occurrence of
      one of (i) termination of Optionee's employment by the Company, voluntary
      or involuntary and with or without cause; (ii) retirement or death of
      Optionee; (iii) bankruptcy of Optionee, which shall be deemed to have
      occurred as of the date on which a voluntary or involuntary petition in
      bankruptcy is filed with a court of competent jurisdiction; (iv)
      dissolution of the marriage of Optionee, to the extent that any of the
      Shares are allocated as the sole and separate property of Optionee's
      spouse pursuant thereto (in which case, this Section shall only apply to
      the Shares so affected); or (v) any attempted transfer by the Optionee of
      Shares, or any interest therein, in violation of this Agreement. Upon the
      occurrence of a Repurchase Event, the Company shall have the right (but
      not an obligation) to repurchase all or any portion of the Shares of
      Optionee at a price equal to the fair value of the Shares as of the date
      of the Repurchase Event.

            (b) Repurchase Right on Termination for Cause. In the event
      Optionee's employment is terminated by the Company "for cause", then the
      Company shall have the right (but not an obligation) to repurchase Shares
      of Optionee at a price equal to the Exercise Price. Such right of the
      Company to repurchase Shares shall apply to 100% of the Shares for one (1)
      year from the date of this Agreement; and shall thereafter lapse at the
      rate of twenty percent (20%) of the Shares on each anniversary of the date
      of this Agreement. In addition, the Company shall have the right, in the
      sole discretion of the Board and without obligation, to repurchase upon
      termination for cause all or any portion of the Shares of Optionee, at a
      price equal to the fair value of the Shares as of the date of termination,
      which right is not subject to the foregoing lapsing of rights. In the
      event the Company elects to repurchase the Shares, the stock certificates
      representing the same shall forthwith be returned to the Company for
      cancellation.

            (c) Exercise of Repurchase Right. Any Repurchase Right under
      Paragraphs 15(a) or 15(b) shall be exercised by giving notice of exercise
      as provided herein to Optionee or the estate of Optionee, as applicable.
      Such right shall be exercised, and the repurchase price thereunder shall
      be paid, by the Company within a ninety (90) day period beginning on the
      date of notice to the Company of the occurrence of such Repurchase Event
      (except in the case of termination of employment or retirement, where such
      option period shall begin upon the occurrence of the Repurchase Event).
      Such repurchase price shall be payable only in the form of cash (including
      a check drafted on immediately available funds) or cancellation of
      purchase money indebtedness of the Optionee for the Shares. If the Company
      can not purchase all such Shares because it is unable to meet the
      financial tests set forth in the Delaware and/or Delaware corporation law,
      the Company shall have the right to purchase as many Shares as it is
      permitted to purchase under such sections. Any Shares not purchased by the
      Company hereunder shall no longer be subject to the provisions of this
      Section 15.

                                       6
<PAGE>

            (d) Right of First Refusal. In the event Optionee desires to
      transfer any Shares during his or her lifetime, Optionee shall first offer
      to sell such Shares to the Company. Optionee shall deliver to the Company
      written notice of the intended sale, such notice to specify the number of
      Shares to be sold, the proposed purchase price and terms of payment, and
      grant the Company an option for a period of thirty days following receipt
      of such notice to purchase the offered Shares upon the same terms and
      conditions. To exercise such option, the Company shall give notice of that
      fact to Optionee within the thirty (30) day notice period and agree to pay
      the purchase price in the manner provided in the notice. If the Company
      does not purchase all of the Shares so offered during foregoing option
      period, Optionee shall be under no obligation to sell any of the offered
      Shares to the Company, but may dispose of such Shares in any lawful manner
      during a period of one hundred and eighty (180) days following the end of
      such notice period, except that Optionee shall not sell any such Shares to
      any other person at a lower price or upon more favorable terms than those
      offered to the Company.

            (e) Acceptance of Restrictions. Acceptance of the Shares shall
      constitute the Optionee's agreement to such restrictions and the legending
      of his certificates with respect thereto. Notwithstanding such
      restrictions, however, so long as the Optionee is the holder of the
      Shares, or any portion thereof, he shall be entitled to receive all
      dividends declared on and to vote the Shares and to all other rights of a
      shareholder with respect thereto.

            (f) Permitted Transfers. Notwithstanding any provisions in this
      Section 15 to the contrary, the Optionee may transfer Shares subject to
      this Agreement to his or her parents, spouse, children, or grandchildren,
      or a trust for the benefit of the Optionee or any such transferee(s);
      provided, that such permitted transferee(s) shall hold the Shares subject
      to all the provisions of this Agreement (all references to the Optionee
      herein shall in such cases refer mutatis mutandis to the permitted
      transferee, except in the case of clause (iv) of Section 15(a) wherein the
      permitted transfer shall be deemed to be rescinded); and provided further,
      that notwithstanding any other provisions in this Agreement, a permitted
      transferee may not, in turn, make permitted transfers without the written
      consent of the Optionee and the Company.

            (g) Release of Restrictions on Shares. All other restrictions under
      this Section 15 shall terminate five (5) years following the date of this
      Agreement, or when the Company's securities are publicly traded, whichever
      occurs earlier.

      16. Notices. Any notice required to be given pursuant to this Option or
the Plan shall be in writing and shall be deemed to be delivered upon receipt
or, in the case of notices by the Company, five (5) days after deposit in the
U.S. mail, postage prepaid, addressed to Optionee at the address last provided
by Optionee for his or her employee records.

                                       7
<PAGE>

      17. Agreement Subject to Plan; Applicable Law. This Option is made
pursuant to the Plan and shall be interpreted to comply therewith. A copy of
such Plan is available to Optionee, at no charge, at the principal office of the
Company. Any provision of this Option inconsistent with the Plan shall be
considered void and replaced with the applicable provision of the Plan. This
Option has been granted, executed and delivered in the State of Delaware, and
the interpretation and enforcement shall be governed by the laws thereof and
subject to the exclusive jurisdiction of the courts therein.

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

                           COMPANY:     ADZONE RESEARCH, INC.,
                                        a Delaware corporation

                                        By:_____________________________
                                        Name:___________________________
                                        Title:__________________________

                           OPTIONEE:
                                        By:  ___________________________
                                             (signature)
                                        Name:___________________________

             (one of the following, as appropriate, shall be signed)

I certify that as of the date          By his or her signature, the spouse of
hereof I am unmarried                  Optionee hereby agrees to be bound by the
                                       provisions of the foregoing INCENTIVE
                                       STOCK OPTION AGREEMENT

_____________________________          ________________________________________
        Optionee                                Spouse of Optionee

                                       8
<PAGE>

                                   Appendix A

                               NOTICE OF EXERCISE

AdZone Research, Inc.

      Re: Nonstatutory Stock Option

      Notice is hereby given pursuant to Section 6 of my Nonstatutory Stock
Option Agreement that I elect to purchase the number of shares set forth below
at the exercise price set forth in my option agreement:

      Nonstatutory Stock Option Agreement dated: ____________

      Number of shares being purchased: ____________

      Exercise Price: $____________

      A check in the amount of the aggregate price of the shares being purchased
is attached.

      I hereby confirm that such shares are being acquired by me for my own
account for investment purposes, and not with a view to, or for resale in
connection with, any distribution thereof. I will not sell or dispose of my
Shares in violation of the Securities Act of 1933, as amended, or any applicable
federal or state securities laws. Further, I understand that the exemption from
taxable income at the time of exercise is dependent upon my holding such stock
for a period of at least one year from the date of exercise and two years from
the date of grant of the Option.

      I understand that the certificate representing the Option Shares will bear
a restrictive legend within the contemplation of the Securities Act and as
required by such other state or federal law or regulation applicable to the
issuance or delivery of the Option Shares.

      I agree to provide to the Company such additional documents or information
as may be required pursuant to the Company's 2005 INCENTIVE STOCK PLAN.

                                                  By:    _______________________
                                                         (signature)

                                                  Name:  _______________________

                                       9
<PAGE>

                                   EXHIBIT B-2

                              ADZONE RESEARCH, INC.
                       NONSTATUTORY STOCK OPTION AGREEMENT

================================================================================

      THIS NONSTATUTORY STOCK OPTION AGREEMENT ("Agreement") is made and entered
into as of the date set forth below, by and between ADZONE RESEARCH, INC., a
Delaware corporation (the "Company"), and the following Director of the Company
("Optionee"):

      In consideration of the covenants herein set forth, the parties hereto
agree as follows:

      1. Option Information.

            (a) Date of Option:         ___________________________

            (b) Optionee:               ___________________________

            (c) Number of Shares:       ___________________________

            (d) Exercise Price:         ___________________________

      2. Acknowledgements.

            (a) Optionee is a member of the Board of Directors of the Company.

            (b) The Board of Directors (the "Board" which term shall include an
      authorized committee of the Board of Directors) and shareholders of the
      Company have heretofore adopted a 2005 INCENTIVE STOCK PLAN (the "Plan"),
      pursuant to which this Option is being granted; and

            (c) The Board has authorized the granting to Optionee of a
      nonstatutory stock option ("Option") to purchase shares of common stock of
      the Company ("Stock") upon the terms and conditions hereinafter stated and
      pursuant to an exemption from registration under the Securities Act of
      1933, as amended (the "Securities Act") provided by Rule 701 thereunder.

      3. Shares; Price. Company hereby grants to Optionee the right to purchase,
upon and subject to the terms and conditions herein stated, the number of shares
of Stock set forth in Section 1(c) above (the "Shares") for cash (or other
consideration as is authorized under the Plan and acceptable to the Board of
Directors of the Company, in their sole and absolute discretion) at the price
per Share set forth in Section 1(d) above (the "Exercise Price"), such price
being not less than eighty-five percent (85%) of the fair market value per share
of the Shares covered by this Option as of the date hereof.

      4. Term of Option; Continuation of Service. This Option shall expire, and
all rights hereunder to purchase the Shares shall terminate, ten (10) years from
the date hereof. This Option shall earlier terminate subject to Sections 7 and 8
hereof upon, and as of the date of, the termination of Optionee's employment if
such termination occurs prior to the end of such ten (10) year period. Nothing
contained herein shall confer upon Optionee the right to the continuation of his
or her employment by the Company or to interfere with the right of the Company
to terminate such employment or to increase or decrease the compensation of
Optionee from the rate in existence at the date hereof.
<PAGE>

      5. Vesting of Option. Subject to the provisions of Sections 7 and 8
hereof, this Option shall become exercisable during the term that Optionee
serves as a Director of the Company in three (3) equal annual installments of
thirty-three and one-third percent (33 1/3%) of the Shares covered by this
Option, the first installment to be exercisable on the first anniversary of the
date of this Option, with an additional thirty-three and one-third percent (33
1/3%) of such Shares becoming exercisable on each of the two (2) successive
anniversary dates. The installments shall be cumulative (i.e., this option may
be exercised, as to any or all shares covered by an installment, at any time or
times after an installment becomes exercisable and until expiration or
termination of this Option).

      6. Exercise. This Option shall be exercised by delivery to the Company of
(a) written notice of exercise stating the number of Shares being purchased (in
whole shares only) and such other information set forth on the form of Notice of
Exercise attached hereto as Appendix A, (b) a check or cash in the amount of the
Exercise Price of the Shares covered by the notice (or such other consideration
as has been approved by the Board of Directors consistent with the Plan) and (c)
a written investment representation as provided for in Section 13 hereof. This
Option shall not be assignable or transferable, except by will or by the laws of
descent and distribution, and shall be exercisable only by Optionee during his
or her lifetime, except as provided in Section 8 hereof.

      7. Termination of Service. If Optionee shall cease to serve as a Director
of the Company for any reason, no further installments shall vest pursuant to
Section 5, and the maximum number of Shares that Optionee may purchase pursuant
hereto shall be limited to the number of Shares that were vested as of the date
Optionee ceases to be a Director (to the nearest whole Share). Thereupon,
Optionee shall have the right to exercise this Option, at any time during the
remaining term hereof, to the extent, but only to the extent, that this Option
was exercisable as of the date Optionee ceases to be a Director; provided,
however, if Optionee is removed as a Director pursuant to the Delaware
corporation law, the foregoing right to exercise shall automatically terminate
on the date Optionee ceases to be a Director as to all Shares covered by this
Option not exercised prior to termination. Unless earlier terminated, all rights
under this Option shall terminate in any event on the expiration date of this
Option as defined in Section 4 hereof.

      8. Death of Optionee. If the Optionee shall die while in the employ of the
Company, Optionee's personal representative or the person entitled to Optionee's
rights hereunder may at any time within six (6) months after the date of
Optionee's death, or during the remaining term of this Option, whichever is the
lesser, exercise this Option and purchase Shares to the extent, but only to the
extent, that Optionee could have exercised this Option as of the date of
Optionee's death; provided, in any case, that this Option may be so exercised
only to the extent that this Option has not previously been exercised by
Optionee.

      9. No Rights as Shareholder. Optionee shall have no rights as a
shareholder with respect to the Shares covered by any installment of this Option
until the effective date of issuance of the Shares following exercise of this
Option, and no adjustment will be made for dividends or other rights for which
the record date is prior to the date such stock certificate or certificates are
issued except as provided in Section 10 hereof.

                                       2
<PAGE>

      10. Recapitalization. Subject to any required action by the shareholders
of the Company, the number of Shares covered by this Option, and the Exercise
Price thereof, shall be proportionately adjusted for any increase or decrease in
the number of issued shares resulting from a subdivision or consolidation of
shares or the payment of a stock dividend, or any other increase or decrease in
the number of such shares effected without receipt of consideration by the
Company; provided however that the conversion of any convertible securities of
the Company shall not be deemed having been "effected without receipt of
consideration by the Company".

      In the event of a proposed dissolution or liquidation of the Company, a
merger or consolidation in which the Company is not the surviving entity, or a
sale of all or substantially all of the assets or capital stock of the Company
(collectively, a "Reorganization"), unless otherwise provided by the Board, this
Option shall terminate immediately prior to such date as is determined by the
Board, which date shall be no later than the consummation of such
Reorganization. In such event, if the entity which shall be the surviving entity
does not tender to Optionee an offer, for which it has no obligation to do so,
to substitute for any unexercised Option a stock option or capital stock of such
surviving of such surviving entity, as applicable, which on an equitable basis
shall provide the Optionee with substantially the same economic benefit as such
unexercised Option, then the Board may grant to such Optionee, in its sole and
absolute discretion and without obligation, the right for a period commencing
thirty (30) days prior to and ending immediately prior to the date determined by
the Board pursuant hereto for termination of the Option or during the remaining
term of the Option, whichever is the lesser, to exercise any unexpired Option or
Options without regard to the installment provisions of Section 5; provided,
however, that such exercise shall be subject to the consummation of such
Reorganization.

      Subject to any required action by the shareholders of the Company, if the
Company shall be the surviving entity in any merger or consolidation, this
Option thereafter shall pertain to and apply to the securities to which a holder
of Shares equal to the Shares subject to this Option would have been entitled by
reason of such merger or consolidation, and the installment provisions of
Section 5 shall continue to apply.

      In the event of a change in the shares of the Company as presently
constituted, which is limited to a change of all of its authorized Stock without
par value into the same number of shares of Stock with a par value, the shares
resulting from any such change shall be deemed to be the Shares within the
meaning of this Option.

      To the extent that the foregoing adjustments relate to shares or
securities of the Company, such adjustments shall be made by the Board, whose
determination in that respect shall be final, binding and conclusive. Except as
hereinbefore expressly provided, Optionee shall have no rights by reason of any
subdivision or consolidation of shares of Stock of any class or the payment of
any stock dividend or any other increase or decrease in the number of shares of
stock of any class, and the number and price of Shares subject to this Option
shall not be affected by, and no adjustments shall be made by reason of, any
dissolution, liquidation, merger, consolidation or sale of assets or capital
stock, or any issue by the Company of shares of stock of any class or securities
convertible into shares of stock of any class.

                                       3
<PAGE>

      The grant of this Option shall not affect in any way the right or power of
the Company to make adjustments, reclassifications, reorganizations or changes
in its capital or business structure or to merge, consolidate, dissolve or
liquidate or to sell or transfer all or any part of its business or assets.

      11. Taxation upon Exercise of Option. Optionee understands that, upon
exercise of this Option, Optionee will recognize income, for Federal and state
income tax purposes, in an amount equal to the amount by which the fair market
value of the Shares, determined as of the date of exercise, exceeds the Exercise
Price. The acceptance of the Shares by Optionee shall constitute an agreement by
Optionee to report such income in accordance with then applicable law and to
cooperate with Company in establishing the amount of such income and
corresponding deduction to the Company for its income tax purposes. Withholding
for federal or state income and employment tax purposes will be made, if and as
required by law, from Optionee's then current compensation, or, if such current
compensation is insufficient to satisfy withholding tax liability, the Company
may require Optionee to make a cash payment to cover such liability as a
condition of the exercise of this Option.

      12. Modification, Extension and Renewal of Options. The Board or
Committee, as described in the Plan, may modify, extend or renew this Option or
accept the surrender thereof (to the extent not theretofore exercised) and
authorize the granting of a new option in substitution therefore (to the extent
not theretofore exercised), subject at all times to the Plan, the Code and the
Delaware Securities Rules. Notwithstanding the foregoing provisions of this
Section 12, no modification shall, without the consent of the Optionee, alter to
the Optionee's detriment or impair any rights of Optionee hereunder.

      13. Investment Intent; Restrictions on Transfer.

            (a) Optionee represents and agrees that if Optionee exercises this
      Option in whole or in part, Optionee will in each case acquire the Shares
      upon such exercise for the purpose of investment and not with a view to,
      or for resale in connection with, any distribution thereof; and that upon
      such exercise of this Option in whole or in part, Optionee (or any person
      or persons entitled to exercise this Option under the provisions of
      Sections 7 and 8 hereof) shall furnish to the Company a written statement
      to such effect, satisfactory to the Company in form and substance. If the
      Shares represented by this Option are registered under the Securities Act,
      either before or after the exercise of this Option in whole or in part,
      the Optionee shall be relieved of the foregoing investment representation
      and agreement and shall not be required to furnish the Company with the
      foregoing written statement.

            (b) Optionee further represents that Optionee has had access to the
      financial statements or books and records of the Company, has had the
      opportunity to ask questions of the Company concerning its business,
      operations and financial condition, and to obtain additional information
      reasonably necessary to verify the accuracy of such information

                                       4
<PAGE>

            (c) Unless and until the Shares represented by this Option are
      registered under the Securities Act, all certificates representing the
      Shares and any certificates subsequently issued in substitution therefor
      and any certificate for any securities issued pursuant to any stock split,
      share reclassification, stock dividend or other similar capital event
      shall bear legends in substantially the following form:

      THESE SECURITIES HAVE NOT BEEN REGISTERED OR OTHERWISE QUALIFIED UNDER THE
      SECURITIES ACT OF 1933 (THE 'SECURITIES ACT') OR UNDER THE APPLICABLE OR
      SECURITIES LAWS OF ANY STATE. NEITHER THESE SECURITIES NOR ANY INTEREST
      THEREIN MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE
      ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR ANY APPLICABLE
      SECURITIES LAWS OF ANY STATE, UNLESS PURSUANT TO EXEMPTIONS THEREFROM.

      THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED PURSUANT TO
      THAT CERTAIN NONSTATUTORY STOCK OPTION AGREEMENT DATED ____________
      BETWEEN THE COMPANY AND THE ISSUEE WHICH RESTRICTS THE TRANSFER OF THESE
      SHARES WHICH ARE SUBJECT TO REPURCHASE BY THE COMPANY UNDER CERTAIN
      CONDITIONS.

and/or such other legend or legends as the Company and its counsel deem
necessary or appropriate. Appropriate stop transfer instructions with respect to
the Shares have been placed with the Company's transfer agent.

      14. Stand-off Agreement. Optionee agrees that, in connection with any
registration of the Company's securities under the Securities Act, and upon the
request of the Company or any underwriter managing an underwritten offering of
the Company's securities, Optionee shall not sell, short any sale of, loan,
grant an option for, or otherwise dispose of any of the Shares (other than
Shares included in the offering) without the prior written consent of the
Company or such managing underwriter, as applicable, for a period of at least
one year following the effective date of registration of such offering.

      15. Restriction Upon Transfer. The Shares may not be sold, transferred or
otherwise disposed of and shall not be pledged or otherwise hypothecated by the
Optionee except as hereinafter provided.

            (a) Repurchase Right on Termination Other Than by Removal. For the
      purposes of this Section, a "Repurchase Event" shall mean an occurrence of
      one of (i) termination of Optionee's service as a director; (ii) death of
      Optionee; (iii) bankruptcy of Optionee, which shall be deemed to have
      occurred as of the date on which a voluntary or involuntary petition in
      bankruptcy is filed with a court of competent jurisdiction; (iv)
      dissolution of the marriage of Optionee, to the extent that any of the
      Shares are allocated as the sole and separate property of Optionee's
      spouse pursuant thereto (in which case, this Section shall only apply to
      the Shares so affected); or (v) any attempted transfer by the Optionee of
      Shares, or any interest therein, in violation of this Agreement. Upon the
      occurrence of a Repurchase Event, and upon mutual agreement of the Company
      and Optionee, the Company may repurchase all or any portion of the Shares
      of Optionee at a price equal to the fair value of the Shares as of the
      date of the Repurchase Event.

                                       5
<PAGE>

            (b) Repurchase Right on Removal. In the event Optionee is removed as
      a director pursuant to the Delaware Revised Statutes Code, or Optionee
      voluntarily resigns as a director prior to the date upon which the last
      installment of Shares becomes exercisable pursuant to Section 5, then the
      Company shall have the right (but not an obligation) to repurchase Shares
      of Optionee at a price equal to the Exercise Price. Such right of the
      Company to repurchase Shares shall apply to 100% of the Shares for one (1)
      year from the date of this Agreement; and shall thereafter lapse ratably
      in equal annual increments on each anniversary of the date of this
      Agreement over the term of this Option specified in Section 4. In
      addition, the Company shall have the right, in the sole discretion of the
      Board and without obligation, to repurchase upon removal or resignation
      all or any portion of the Shares of Optionee, at a price equal to the fair
      value of the Shares as of the date of such removal or resignation, which
      right is not subject to the foregoing lapsing of rights. In the event the
      Company elects to repurchase the Shares, the stock certificates
      representing the same shall forthwith be returned to the Company for
      cancellation.

            (c) Exercise of Repurchase Right. Any Repurchase Right under
      Paragraphs 15(a) or 15(b) shall be exercised by giving notice of exercise
      as provided herein to Optionee or the estate of Optionee, as applicable.
      Such right shall be exercised, and the repurchase price thereunder shall
      be paid, by the Company within a ninety (90) day period beginning on the
      date of notice to the Company of the occurrence of such Repurchase Event
      (except in the case of termination or cessation of services as director,
      where such option period shall begin upon the occurrence of the Repurchase
      Event). Such repurchase price shall be payable only in the form of cash
      (including a check drafted on immediately available funds) or cancellation
      of purchase money indebtedness of the Optionee for the Shares. If the
      Company can not purchase all such Shares because it is unable to meet the
      financial tests set forth in the Delaware corporation law, the Company
      shall have the right to purchase as many Shares as it is permitted to
      purchase under such sections. Any Shares not purchased by the Company
      hereunder shall no longer be subject to the provisions of this Section 15.

            (d) Right of First Refusal. In the event Optionee desires to
      transfer any Shares during his or her lifetime, Optionee shall first offer
      to sell such Shares to the Company. Optionee shall deliver to the Company
      written notice of the intended sale, such notice to specify the number of
      Shares to be sold, the proposed purchase price and terms of payment, and
      grant the Company an option for a period of thirty days following receipt
      of such notice to purchase the offered Shares upon the same terms and
      conditions. To exercise such option, the Company shall give notice of that
      fact to Optionee within the thirty (30) day notice period and agree to pay
      the purchase price in the manner provided in the notice. If the Company
      does not purchase all of the Shares so offered during foregoing option
      period, Optionee shall be under no obligation to sell any of the offered
      Shares to the Company, but may dispose of such Shares in any lawful manner
      during a period of one hundred and eighty (180) days following the end of
      such notice period, except that Optionee shall not sell any such Shares to
      any other person at a lower price or upon more favorable terms than those
      offered to the Company.

                                       6
<PAGE>

            (e) Acceptance of Restrictions. Acceptance of the Shares shall
      constitute the Optionee's agreement to such restrictions and the legending
      of his certificates with respect thereto. Notwithstanding such
      restrictions, however, so long as the Optionee is the holder of the
      Shares, or any portion thereof, he shall be entitled to receive all
      dividends declared on and to vote the Shares and to all other rights of a
      shareholder with respect thereto.

            (f) Permitted Transfers. Notwithstanding any provisions in this
      Section 15 to the contrary, the Optionee may transfer Shares subject to
      this Agreement to his or her parents, spouse, children, or grandchildren,
      or a trust for the benefit of the Optionee or any such transferee(s);
      provided, that such permitted transferee(s) shall hold the Shares subject
      to all the provisions of this Agreement (all references to the Optionee
      herein shall in such cases refer mutatis mutandis to the permitted
      transferee, except in the case of clause (iv) of Section 15(a) wherein the
      permitted transfer shall be deemed to be rescinded); and provided further,
      that notwithstanding any other provisions in this Agreement, a permitted
      transferee may not, in turn, make permitted transfers without the written
      consent of the Optionee and the Company.

            (g) Release of Restrictions on Shares. All other restrictions under
      this Section 15 shall terminate five (5) years following the date of this
      Agreement, or when the Company's securities are publicly traded, whichever
      occurs earlier.

      16. Notices. Any notice required to be given pursuant to this Option or
the Plan shall be in writing and shall be deemed to be delivered upon receipt
or, in the case of notices by the Company, five (5) days after deposit in the
U.S. mail, postage prepaid, addressed to Optionee at the address last provided
by Optionee for use in Company records related to Optionee.

      17. Agreement Subject to Plan; Applicable Law. This Option is made
pursuant to the Plan and shall be interpreted to comply therewith. A copy of
such Plan is available to Optionee, at no charge, at the principal office of the
Company. Any provision of this Option inconsistent with the Plan shall be
considered void and replaced with the applicable provision of the Plan. This
Option has been granted, executed and delivered in the State of Delaware, and
the interpretation and enforcement shall be governed by the laws thereof and
subject to the exclusive jurisdiction of the courts therein.

                                       7
<PAGE>

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

                           COMPANY:     ADZONE RESEARCH, INC.,
                                        a Delaware corporation

                                        By:_____________________________
                                        Name:___________________________
                                        Title:__________________________

                           OPTIONEE:
                                        By:  ___________________________
                                             (signature)
                                        Name:___________________________

             (one of the following, as appropriate, shall be signed)

I certify that as of the date          By his or her signature, the spouse of
hereof I am unmarried                  Optionee hereby agrees to be bound by the
                                       provisions of the foregoing INCENTIVE
                                       STOCK OPTION AGREEMENT

_____________________________          ________________________________________
        Optionee                                Spouse of Optionee

                                       8
<PAGE>

                                   Appendix A

                               NOTICE OF EXERCISE

ADZONE RESEARCH, INC.

                          Re: Nonstatutory Stock Option

      Notice is hereby given pursuant to Section 6 of my Nonstatutory Stock
Option Agreement that I elect to purchase the number of shares set forth below
at the exercise price set forth in my option agreement:

      Nonstatutory Stock Option Agreement dated: ____________

      Number of shares being purchased: ____________

      Exercise Price: $____________

      A check in the amount of the aggregate price of the shares being purchased
is attached.

      I hereby confirm that such shares are being acquired by me for my own
account for investment purposes, and not with a view to, or for resale in
connection with, any distribution thereof. I will not sell or dispose of my
Shares in violation of the Securities Act of 1933, as amended, or any applicable
federal or state securities laws. Further, I understand that the exemption from
taxable income at the time of exercise is dependent upon my holding such stock
for a period of at least one year from the date of exercise and two years from
the date of grant of the Option.

      I understand that the certificate representing the Option Shares will bear
a restrictive legend within the contemplation of the Securities Act and as
required by such other state or federal law or regulation applicable to the
issuance or delivery of the Option Shares.

      I agree to provide to the Company such additional documents or information
as may be required pursuant to the Company's 2005 INCENTIVE STOCK PLAN.

                                                  By:    _______________________
                                                         (signature)

                                                  Name:  _______________________

                                       9
<PAGE>

                                   EXHIBIT B-3

                              ADZONE RESEARCH, INC.
                 CONSULTANT NONSTATUTORY STOCK OPTION AGREEMENT

================================================================================

      THIS CONSULTANT NONSTATUTORY STOCK OPTION AGREEMENT ("Agreement") is made
and entered into as of the date set forth below, by and between ADZONE RESEARCH,
INC., a Delaware corporation (the "Company"), and the following consultant to
the Company (herein, the "Optionee"):

      In consideration of the covenants herein set forth, the parties hereto
agree as follows:

      1. Option Information.

            (a) Date of Option:         _______________________

            (b) Optionee:               _______________________

            (c) Number of Shares:       _______________________

            (d) Exercise Price:         _______________________

      2. Acknowledgements.

            (a) Optionee is an independent consultant to the Company, not an
      employee;

            (b) The Board of Directors (the "Board" which term shall include an
      authorized committee of the Board of Directors) and shareholders of the
      Company have heretofore adopted a 2005 INCENTIVE STOCK PLAN (the "Plan"),
      pursuant to which this Option is being granted; and

            (c) The Board has authorized the granting to Optionee of a
      nonstatutory stock option ("Option") to purchase shares of common stock of
      the Company ("Stock") upon the terms and conditions hereinafter stated and
      pursuant to an exemption from registration under the Securities Act of
      1933, as amended (the "Securities Act") provided by Rule 701 thereunder.

      3. Shares; Price. The Company hereby grants to Optionee the right to
purchase, upon and subject to the terms and conditions herein stated, the number
of shares of Stock set forth in Section 1(c) above (the "Shares") for cash (or
other consideration as is authorized under the Plan and acceptable to the Board,
in their sole and absolute discretion) at the price per Share set forth in
Section 1(d) above (the "Exercise Price"), such price being not less than
eighty-five 85% of the fair market value per share of the Shares covered by this
Option as of the date hereof.

      4. Term of Option. This Option shall expire, and all rights hereunder to
purchase the Shares, shall terminate five (5) years from the date hereof.
Nothing contained herein shall be construed to interfere in any way with the
right of the Company to terminate Optionee as a consultant to the Company, or to
increase or decrease the compensation paid to Optionee from the rate in effect
as of the date hereof.
<PAGE>

      5. Vesting of Option. Subject to the provisions of Sections 7 and 8
hereof, this Option shall become exercisable during the period that Optionee
serves as a consultant of the Company in equal annual installments, each
installment covering a fraction of the Shares, the numerator of which is one (1)
and the denominator of which is the number of years in the term of this Option
(not to exceed 5). The first installment shall become exercisable on the first
anniversary of the date of this Option, and an additional installment shall
become exercisable on each successive anniversary date during the term of this
Option, except the last such anniversary date. The final installment shall
become exercisable ninety days prior to the expiration of the term of this
Option. The installments shall be cumulative (i.e., this option may be
exercised, as to any or all shares covered by an installment, at any time or
times after an installment becomes exercisable and until expiration or
termination of this option).

      6. Exercise. This Option shall be exercised by delivery to the Company of
(a) written notice of exercise stating the number of Shares being purchased (in
whole shares only) and such other information set forth on the form of Notice of
Exercise attached hereto as Appendix A, (b) a check or cash in the amount of the
Exercise Price of the Shares covered by the notice (or such other consideration
as has been approved by the Board of Directors consistent with the Plan) and (c)
a written investment representation as provided for in Section 13 hereof. This
Option shall not be assignable or transferable, except by will or by the laws of
descent and distribution, and shall be exercisable only by Optionee during his
or her lifetime.

      7. Termination of Service. If Optionee's service as a consultant to the
Company terminates for any reason, no further installments shall vest pursuant
to Section 5, and Optionee shall have the right at any time within thirty (30)
days following such termination of services or the remaining term of this
Option, whichever is the lesser, to exercise in whole or in part this Option to
the extent, but only to the extent, that this Option was exercisable as of the
date Optionee ceased to be a consultant to the Company; provided, however, if
Optionee is terminated for reasons that would justify a termination of
employment "for cause" as contemplated by the Delaware Labor Code and case law
related thereto, the foregoing right to exercise shall automatically terminate
on the date Optionee ceases to be a consultant to the Company as to all Shares
covered by this Option not exercised prior to termination. Unless earlier
terminated, all rights under this Option shall terminate in any event on the
expiration date of this Option as defined in Section 4 hereof.

      8. Death of Optionee. If the Optionee shall die while serving as a
consultant to the Company, Optionee's personal representative or the person
entitled to Optionee's rights hereunder may at any time within ninety (90) days
after the date of Optionee's death, or during the remaining term of this Option,
whichever is the lesser, exercise this Option and purchase Shares to the extent,
but only to the extent, that Optionee could have exercised this Option as of the
date of Optionee's death; provided, in any case, that this Option may be so
exercised only to the extent that this Option has not previously been exercised
by Optionee.

      9. No Rights as Shareholder. Optionee shall have no rights as a
shareholder with respect to the Shares covered by any installment of this Option
until the effective date of the issuance of shares following exercise of this to
Option, and no adjustment will be made for dividends or other rights for which
the record date is prior to the date such stock certificate or certificates are
issued except as provided in Section 10 hereof.

                                       2
<PAGE>

      10. Recapitalization. Subject to any required action by the shareholders
of the Company, the number of Shares covered by this Option, and the Exercise
Price thereof, shall be proportionately adjusted for any increase or decrease in
the number of issued shares resulting from a subdivision or consolidation of
shares or the payment of a stock dividend, or any other increase or decrease in
the number of such shares effected without receipt of consideration by the
Company; provided however that the conversion of any convertible securities of
the Company shall not be deemed having been "effected without receipt of
consideration by the Company."

      In the event of a proposed dissolution or liquidation of the Company, a
merger or consolidation in which the Company is not the surviving entity, or a
sale of all or substantially all of the assets or capital stock of the Company
(collectively, a "Reorganization"), this Option shall terminate immediately
prior to the consummation of such proposed action, unless otherwise provided by
the Board; provided, however, if Optionee shall be a consultant at the time such
Reorganization is approved by the stockholders, Optionee shall have the right to
exercise this Option as to all or any part of the Shares, without regard to the
installment provisions of Section 5, for a period beginning 30 days prior to the
consummation of such Reorganization and ending as of the Reorganization or the
expiration of this Option, whichever is earlier, subject to the consummation of
the Reorganization. In any event, the Company shall notify Optionee, at least 30
days prior to the consummation of such Reorganization, of his exercise rights,
if any, and that the Option shall terminate upon the consummation of the
Reorganization.

      Subject to any required action by the shareholders of the Company, if the
Company shall be the surviving entity in any merger or consolidation, this
Option thereafter shall pertain to and apply to the securities to which a holder
of Shares equal to the Shares subject to this Option would have been entitled by
reason of such merger or consolidation, and the installment provisions of
Section 5 shall continue to apply.

      In the event of a change in the shares of the Company as presently
constituted, which is limited to a change of all of its authorized Stock without
par value into the same number of shares of Stock with a par value, the shares
resulting from any such change shall be deemed to be the Shares within the
meaning of this Option.

      To the extent that the foregoing adjustments relate to shares or
securities of the Company, such adjustments shall be made by the Board, whose
determination in that respect shall be final, binding and conclusive. Except as
hereinbefore expressly provided, Optionee shall have no rights by reason of any
subdivision or consolidation of shares of Stock of any class or the payment of
any stock dividend or any other increase or decrease in the number of shares of
stock of any class, and the number and price of Shares subject to this Option
shall not be affected by, and no adjustments shall be made by reason of, any
dissolution, liquidation, merger, consolidation or sale of assets or capital
stock, or any issue by the Company of shares of stock of any class or securities
convertible into shares of stock of any class.

                                       3
<PAGE>

      The grant of this Option shall not affect in any way the right or power of
the Company to make adjustments, reclassifications, reorganizations or changes
in its capital or business structure or to merge, consolidate, dissolve or
liquidate or to sell or transfer all or any part of its business or assets.

      11. Taxation upon Exercise of Option. Optionee understands that, upon
exercise of this Option, Optionee will recognize income, for Federal and state
income tax purposes, in an amount equal to the amount by which the fair market
value of the Shares, determined as of the date of exercise, exceeds the Exercise
Price. The acceptance of the Shares by Optionee shall constitute an agreement by
Optionee to report such income in accordance with then applicable law and to
cooperate with Company in establishing the amount of such income and
corresponding deduction to the Company for its income tax purposes. Withholding
for federal or state income and employment tax purposes will be made, if and as
required by law, from Optionee's then current compensation, or, if such current
compensation is insufficient to satisfy withholding tax liability, the Company
may require Optionee to make a cash payment to cover such liability as a
condition of the exercise of this Option.

      12. Modification, Extension and Renewal of Options. The Board or
Committee, as described in the Plan, may modify, extend or renew this Option or
accept the surrender thereof (to the extent not theretofore exercised) and
authorize the granting of a new option in substitution therefore (to the extent
not theretofore exercised), subject at all times to the Plan, the Code.
Notwithstanding the foregoing provisions of this Section 12, no modification
shall, without the consent of the Optionee, alter to the Optionee's detriment or
impair any rights of Optionee hereunder.

      13. Investment Intent; Restrictions on Transfer.

            (a) Optionee represents and agrees that if Optionee exercises this
      Option in whole or in part, Optionee will in each case acquire the Shares
      upon such exercise for the purpose of investment and not with a view to,
      or for resale in connection with, any distribution thereof; and that upon
      such exercise of this Option in whole or in part, Optionee (or any person
      or persons entitled to exercise this Option under the provisions of
      Sections 7 and 8 hereof) shall furnish to the Company a written statement
      to such effect, satisfactory to the Company in form and substance. If the
      Shares represented by this Option are registered under the Securities Act,
      either before or after the exercise of this Option in whole or in part,
      the Optionee shall be relieved of the foregoing investment representation
      and agreement and shall not be required to furnish the Company with the
      foregoing written statement.

            (b) Optionee further represents that Optionee has had access to the
      financial statements or books and records of the Company, has had the
      opportunity to ask questions of the Company concerning its business,
      operations and financial condition, and to obtain additional information
      reasonably necessary to verify the accuracy of such information.

                                       4
<PAGE>

            (c) Unless and until the Shares represented by this Option are
      registered under the Securities Act, all certificates representing the
      Shares and any certificates subsequently issued in substitution therefor
      and any certificate for any securities issued pursuant to any stock split,
      share reclassification, stock dividend or other similar capital event
      shall bear legends in substantially the following form:

      THESE SECURITIES HAVE NOT BEEN REGISTERED OR OTHERWISE QUALIFIED UNDER THE
      SECURITIES ACT OF 1933 (THE 'SECURITIES ACT') OR UNDER THE APPLICABLE OR
      SECURITIES LAWS OF ANY STATE. NEITHER THESE SECURITIES NOR ANY INTEREST
      THEREIN MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE
      ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR ANY APPLICABLE
      SECURITIES LAWS OF ANY STATE, UNLESS PURSUANT TO EXEMPTIONS THEREFROM.

      THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED PURSUANT TO
      THAT CERTAIN NONSTATUTORY STOCK OPTION AGREEMENT DATED ___________ BETWEEN
      THE COMPANY AND THE ISSUEE WHICH RESTRICTS THE TRANSFER OF THESE SHARES
      WHICH ARE SUBJECT TO REPURCHASE BY THE COMPANY UNDER CERTAIN CONDITIONS.

and/or such other legend or legends as the Company and its counsel deem
necessary or appropriate. Appropriate stop transfer instructions with respect to
the Shares have been placed with the Company's transfer agent.

      14. Stand-off Agreement. Optionee agrees that, in connection with any
registration of the Company's securities under the Securities Act, and upon the
request of the Company or any underwriter managing an underwritten offering of
the Company's securities, Optionee shall not sell, short any sale of, loan,
grant an option for, or otherwise dispose of any of the Shares (other than
Shares included in the offering) without the prior written consent of the
Company or such managing underwriter, as applicable, for a period of up to one
year following the effective date of registration of such offering.

      15. Restriction Upon Transfer. The Shares may not be sold, transferred or
otherwise disposed of and shall not be pledged or otherwise hypothecated by the
Optionee except as hereinafter provided.

            (a) Repurchase Right on Termination Other Than for Cause. For the
      purposes of this Section, a "Repurchase Event" shall mean an occurrence of
      one of (i) termination of Optionee's service as a consultant, voluntary or
      involuntary and with or without cause; (ii) retirement or death of
      Optionee; (iii) bankruptcy of Optionee, which shall be deemed to have
      occurred as of the date on which a voluntary or involuntary petition in
      bankruptcy is filed with a court of competent jurisdiction; (iv)
      dissolution of the marriage of Optionee, to the extent that any of the
      Shares are allocated as the sole and separate property of Optionee's
      spouse pursuant thereto (in which case, this Section shall only apply to
      the Shares so affected); or (v) any attempted transfer by the Optionee of
      Shares, or any interest therein, in violation of this Agreement. Upon the
      occurrence of a Repurchase Event, the Company shall have the right (but
      not an obligation) to repurchase all or any portion of the Shares of
      Optionee at a price equal to the fair value of the Shares as of the date
      of the Repurchase Event.

                                       5
<PAGE>

            (b) Repurchase Right on Termination for Cause. In the event
      Optionee's service as a consultant is terminated by the Company "for
      cause" (as contemplated by Section 7), then the Company shall have the
      right (but not an obligation) to repurchase Shares of Optionee at a price
      equal to the Exercise Price. Such right of the Company to repurchase
      Shares shall apply to 100% of the Shares for one (1) year from the date of
      this Agreement; and shall thereafter lapse ratably in equal annual
      increments on each anniversary of the date of this Agreement over the term
      of this Option specified in Section 4. In addition, the Company shall have
      the right, in the sole discretion of the Board and without obligation, to
      repurchase upon any such termination of service for cause all or any
      portion of the Shares of Optionee, at a price equal to the fair value of
      the Shares as of the date of termination, which right is not subject to
      the foregoing lapsing of rights. In the event the Company elects to
      repurchase the Shares, the stock certificates representing the same shall
      forthwith be returned to the Company for cancellation.

            (c) Exercise of Repurchase Right. Any repurchase right under
      Paragraphs 15(a) or 15(b) shall be exercised by giving notice of exercise
      as provided herein to Optionee or the estate of Optionee, as applicable.
      Such right shall be exercised, and the repurchase price thereunder shall
      be paid, by the Company within a ninety (90) day period beginning on the
      date of notice to the Company of the occurrence of such Repurchase Event
      (except in the case of termination of employment or retirement, where such
      option period shall begin upon the occurrence of the Repurchase Event).
      Such repurchase price shall be payable only in the form of cash (including
      a check drafted on immediately available funds) or cancellation of
      purchase money indebtedness of the Optionee for the Shares. If the Company
      can not purchase all such Shares because it is unable to meet the
      financial tests set forth in the Delaware and/or Delaware corporation law,
      the Company shall have the right to purchase as many Shares as it is
      permitted to purchase under such sections. Any Shares not purchased by the
      Company hereunder shall no longer be subject to the provisions of this
      Section 15.

            (d) Right of First Refusal. In the event Optionee desires to
      transfer any Shares during his or her lifetime, Optionee shall first offer
      to sell such Shares to the Company. Optionee shall deliver to the Company
      written notice of the intended sale, such notice to specify the number of
      Shares to be sold, the proposed purchase price and terms of payment, and
      grant the Company an option for a period of thirty days following receipt
      of such notice to purchase the offered Shares upon the same terms and
      conditions. To exercise such option, the Company shall give notice of that
      fact to Optionee within the thirty (30) day notice period and agree to pay
      the purchase price in the manner provided in the notice. If the Company
      does not purchase all of the Shares so offered during foregoing option
      period, Optionee shall be under no obligation to sell any of the offered
      Shares to the Company, but may dispose of such Shares in any lawful manner
      during a period of one hundred and eighty (180) days following the end of
      such notice period, except that Optionee shall not sell any such Shares to
      any other person at a lower price or upon more favorable terms than those
      offered to the Company.

                                       6
<PAGE>

            (e) Acceptance of Restrictions. Acceptance of the Shares shall
      constitute the Optionee's agreement to such restrictions and the legending
      of his certificates with respect thereto. Notwithstanding such
      restrictions, however, so long as the Optionee is the holder of the
      Shares, or any portion thereof, he shall be entitled to receive all
      dividends declared on and to vote the Shares and to all other rights of a
      shareholder with respect thereto.

            (f) Permitted Transfers. Notwithstanding any provisions in this
      Section 15 to the contrary, the Optionee may transfer Shares subject to
      this Agreement to his or her parents, spouse, children, or grandchildren,
      or a trust for the benefit of the Optionee or any such transferee(s);
      provided, that such permitted transferee(s) shall hold the Shares subject
      to all the provisions of this Agreement (all references to the Optionee
      herein shall in such cases refer mutatis mutandis to the permitted
      transferee, except in the case of clause (iv) of Section 15(a) wherein the
      permitted transfer shall be deemed to be rescinded); and provided further,
      that notwithstanding any other provisions in this Agreement, a permitted
      transferee may not, in turn, make permitted transfers without the written
      consent of the Optionee and the Company.

            (g) Release of Restrictions on Shares. All rights and restrictions
      under this Section 15 shall terminate five (5) years following the date of
      this Agreement, or when the Company's securities are publicly traded,
      whichever occurs earlier.

      16. Notices. Any notice required to be given pursuant to this Option or
the Plan shall be in writing and shall be deemed to be delivered upon receipt
or, in the case of notices by the Company, five (5) days after deposit in the
U.S. mail, postage prepaid, addressed to Optionee at the address last provided
by Optionee for use in Company records related to Optionee.

      17. Agreement Subject to Plan; Applicable Law. This Option is made
pursuant to the Plan and shall be interpreted to comply therewith. A copy of
such Plan is available to Optionee, at no charge, at the principal office of the
Company. Any provision of this Option inconsistent with the Plan shall be
considered void and replaced with the applicable provision of the Plan. This
Option has been granted, executed and delivered in the State of Delaware, and
the interpretation and enforcement shall be governed by the laws thereof and
subject to the exclusive jurisdiction of the courts therein.

                            [SIGNATURE PAGE FOLLOWS.]

                                       7
<PAGE>

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

                           COMPANY:     ADZONE RESEARCH, INC.,
                                        a Delaware corporation

                                        By:_____________________________
                                        Name:___________________________
                                        Title:__________________________

                           OPTIONEE:
                                        By:  ___________________________
                                             (signature)
                                        Name:___________________________

             (one of the following, as appropriate, shall be signed)

I certify that as of the date          By his or her signature, the spouse of
hereof I am unmarried                  Optionee hereby agrees to be bound by the
                                       provisions of the foregoing INCENTIVE
                                       STOCK OPTION AGREEMENT

_____________________________          ________________________________________
        Optionee                                Spouse of Optionee

                                       8
<PAGE>

                                   Appendix A

                               NOTICE OF EXERCISE

ADZONE RESEARCH, INC.

      Re: Nonstatutory Stock Option

      Notice is hereby given pursuant to Section 6 of my Nonstatutory Stock
Option Agreement that I elect to purchase the number of shares set forth below
at the exercise price set forth in my option agreement:

      Nonstatutory Stock Option Agreement dated: ____________

      Number of shares being purchased: ____________

      Exercise Price: $____________

      A check in the amount of the aggregate price of the shares being purchased
is attached.

      I hereby confirm that such shares are being acquired by me for my own
account for investment purposes, and not with a view to, or for resale in
connection with, any distribution thereof. I will not sell or dispose of my
Shares in violation of the Securities Act of 1933, as amended, or any applicable
federal or state securities laws. Further, I understand that the exemption from
taxable income at the time of exercise is dependent upon my holding such stock
for a period of at least one year from the date of exercise and two years from
the date of grant of the Option.

      I understand that the certificate representing the Option Shares will bear
a restrictive legend within the contemplation of the Securities Act and as
required by such other state or federal law or regulation applicable to the
issuance or delivery of the Option Shares.

      I agree to provide to the Company such additional documents or information
as may be required pursuant to the Company's 2005 INCENTIVE STOCK PLAN.

                                                  By:    _______________________
                                                         (signature)

                                                  Name:  _______________________

                                   Appendix A
<PAGE>

                                    EXHIBIT C

                              ADZONE RESEARCH, INC.
                              STOCK AWARD AGREEMENT

================================================================================

      THIS STOCK AWARD AGREEMENT ("Agreement") is made and entered into as of
the date set forth below, by and between ADZONE RESEARCH, INC., a Delaware
corporation (the "Company"), and the employee, director or consultant of the
Company named in Section 1(b). ("Grantee"):

      In consideration of the covenants herein set forth, the parties hereto
agree as follows:

      1. Stock Award Information.

            (a) Date of Award:          __________________

            (b) Grantee:                __________________

            (c) Number of Shares:       __________________

            (d) Original Value:         __________________

      2. Acknowledgements.

            (a) Grantee is a [employee/director/consultant] of the Company.

            (b) The Company has adopted a 2005 INCENTIVE STOCK PLAN (the "Plan")
      under which the Company's common stock ("Stock") may be offered to
      directors, officers, employees and consultants pursuant to an exemption
      from registration under the Securities Act of 1933, as amended (the
      "Securities Act") provided by Rule 701 thereunder.

      3. Shares; Value. The Company hereby grants to Grantee, upon and subject
to the terms and conditions herein stated, the number of shares of Stock set
forth in Section 1(c) (the "Shares"), which Shares have a fair value per share
("Original Value") equal to the amount set forth in Section 1(d). For the
purpose of this Agreement, the terms "Share" or "Shares" shall include the
original Shares plus any shares derived therefrom, regardless of the fact that
the number, attributes or par value of such Shares may have been altered by
reason of any recapitalization, subdivision, consolidation, stock dividend or
amendment of the corporate charter of the Company. The number of Shares covered
by this Agreement and the Original Value thereof shall be proportionately
adjusted for any increase or decrease in the number of issued shares resulting
from a recapitalization, subdivision or consolidation of shares or the payment
of a stock dividend, or any other increase or decrease in the number of such
shares effected without receipt of consideration by the Company.

      4. Investment Intent. Grantee represents and agrees that Grantee is
accepting the Shares for the purpose of investment and not with a view to, or
for resale in connection with, any distribution thereof; and that, if requested,
Grantee shall furnish to the Company a written statement to such effect,
satisfactory to the Company in form and substance. If the Shares are registered
under the Securities Act, Grantee shall be relieved of the foregoing investment
representation and agreement and shall not be required to furnish the Company
with the foregoing written statement.
<PAGE>

      5. Restriction Upon Transfer. The Shares may not be sold, transferred or
otherwise disposed of and shall not be pledged or otherwise hypothecated by the
Grantee except as hereinafter provided.

            (a) Repurchase Right on Termination Other Than for Cause. For the
      purposes of this Section, a "Repurchase Event" shall mean an occurrence of
      one of (i) termination of Grantee's employment [or service as a
      director/consultant] by the Company, voluntary or involuntary and with or
      without cause; (ii) retirement or death of Grantee; (iii) bankruptcy of
      Grantee, which shall be deemed to have occurred as of the date on which a
      voluntary or involuntary petition in bankruptcy is filed with a court of
      competent jurisdiction; (iv) dissolution of the marriage of Grantee, to
      the extent that any of the Shares are allocated as the sole and separate
      property of Grantee's spouse pursuant thereto (in which case, this Section
      shall only apply to the Shares so affected); or (v) any attempted transfer
      by the Grantee of Shares, or any interest therein, in violation of this
      Agreement. Upon the occurrence of a Repurchase Event, the Company shall
      have the right (but not an obligation) to purchase all or any portion of
      the Shares of Grantee, at a price equal to the fair value of the Shares as
      of the date of the Repurchase Event.

            (b) Repurchase Right on Termination for Cause. In the event
      Grantee's employment [or service as a director/consultant] is terminated
      by the Company "for cause" (as defined below), then the Company shall have
      the right (but not an obligation) to purchase Shares of Grantee at a price
      equal to the Original Value. Such right of the Company to purchase Shares
      shall apply to 100% of the Shares for one (1) year from the date of this
      Agreement; and shall thereafter lapse at the rate of twenty percent (20%)
      of the Shares on each anniversary of the date of this Agreement. In
      addition, the Company shall have the right, in the sole discretion of the
      Board and without obligation, to repurchase upon termination for cause all
      or any portion of the Shares of Grantee, at a price equal to the fair
      value of the Shares as of the date of termination, which right is not
      subject to the foregoing lapsing of rights. Termination of employment [or
      service as a director/consultant] "for cause" means (i) as to employees or
      consultants, termination for cause as contemplated by the Delaware Labor
      Code and case law related thereto, or as defined in the Plan, this
      Agreement or in any employment [or consulting] agreement between the
      Company and Grantee, or (ii) as to directors, removal pursuant to the
      Delaware corporation law. In the event the Company elects to purchase the
      Shares, the stock certificates representing the same shall forthwith be
      returned to the Company for cancellation.

            (c) Exercise of Repurchase Right. Any Repurchase Right under
      Paragraphs 4(a) or 4(b) shall be exercised by giving notice of exercise as
      provided herein to Grantee or the estate of Grantee, as applicable. Such
      right shall be exercised, and the repurchase price thereunder shall be
      paid, by the Company within a ninety (90) day period beginning on the date
      of notice to the Company of the occurrence of such Repurchase Event
      (except in the case of termination or cessation of services as director,
      where such option period shall begin upon the occurrence of the Repurchase
      Event). Such repurchase price shall be payable only in the form of cash
      (including a check drafted on immediately available funds) or cancellation
      of purchase money indebtedness of the Grantee for the Shares. If the
      Company can not purchase all such Shares because it is unable to meet the
      financial tests set forth in the Delaware corporation law, the Company
      shall have the right to purchase as many Shares as it is permitted to
      purchase under such sections. Any Shares not purchased by the Company
      hereunder shall no longer be subject to the provisions of this Section 5.

                                     - 2 -
<PAGE>

            (d) Right of First Refusal. In the event Grantee desires to transfer
      any Shares during his or her lifetime, Grantee shall first offer to sell
      such Shares to the Company. Grantee shall deliver to the Company written
      notice of the intended sale, such notice to specify the number of Shares
      to be sold, the proposed purchase price and terms of payment, and grant
      the Company an option for a period of thirty days following receipt of
      such notice to purchase the offered Shares upon the same terms and
      conditions. To exercise such option, the Company shall give notice of that
      fact to Grantee within the thirty (30) day notice period and agree to pay
      the purchase price in the manner provided in the notice. If the Company
      does not purchase all of the Shares so offered during foregoing option
      period, Grantee shall be under no obligation to sell any of the offered
      Shares to the Company, but may dispose of such Shares in any lawful manner
      during a period of one hundred and eighty (180) days following the end of
      such notice period, except that Grantee shall not sell any such Shares to
      any other person at a lower price or upon more favorable terms than those
      offered to the Company.

            (e) Acceptance of Restrictions. Acceptance of the Shares shall
      constitute the Grantee's agreement to such restrictions and the legending
      of his certificates with respect thereto. Notwithstanding such
      restrictions, however, so long as the Grantee is the holder of the Shares,
      or any portion thereof, he shall be entitled to receive all dividends
      declared on and to vote the Shares and to all other rights of a
      shareholder with respect thereto.

            (f) Permitted Transfers. Notwithstanding any provisions in this
      Section 5 to the contrary, the Grantee may transfer Shares subject to this
      Agreement to his or her parents, spouse, children, or grandchildren, or a
      trust for the benefit of the Grantee or any such transferee(s); provided,
      that such permitted transferee(s) shall hold the Shares subject to all the
      provisions of this Agreement (all references to the Grantee herein shall
      in such cases refer mutatis mutandis to the permitted transferee, except
      in the case of clause (iv) of Section 5(a) wherein the permitted transfer
      shall be deemed to be rescinded); and provided further, that
      notwithstanding any other provisions in this Agreement, a permitted
      transferee may not, in turn, make permitted transfers without the written
      consent of the Grantee and the Company.

            (g) Release of Restrictions on Shares. All rights and restrictions
      under this Section 5 shall terminate five (5) years following the date of
      this Agreement, or when the Company's securities are publicly traded,
      whichever occurs earlier.

      6. Representations and Warranties of the Grantee. This Agreement and the
issuance and grant of the Shares hereunder is made by the Company in reliance
upon the express representations and warranties of the Grantee, which by
acceptance hereof the Grantee confirms that:

            (a) The Shares granted to him pursuant to this Agreement are being
      acquired by him for his own account, for investment purposes, and not with
      a view to, or for sale in connection with, any distribution of the Shares.
      It is understood that the Shares have not been registered under the Act by
      reason of a specific exemption from the registration provisions of the Act
      which depends, among other things, upon the bona fide nature of his
      representations as expressed herein;

                                     - 3 -
<PAGE>

            (b) The Shares must be held by him indefinitely unless they are
      subsequently registered under the Act and any applicable state securities
      laws, or an exemption from such registration is available. The Company is
      under no obligation to register the Shares or to make available any such
      exemption; and

            (c) Grantee further represents that Grantee has had access to the
      financial statements or books and records of the Company, has had the
      opportunity to ask questions of the Company concerning its business,
      operations and financial condition and to obtain additional information
      reasonably necessary to verify the accuracy of such information,

            (d) Unless and until the Shares represented by this Grant are
      registered under the Securities Act, all certificates representing the
      Shares and any certificates subsequently issued in substitution therefor
      and any certificate for any securities issued pursuant to any stock split,
      share reclassification, stock dividend or other similar capital event
      shall bear legends in substantially the following form:

      THESE SECURITIES HAVE NOT BEEN REGISTERED OR OTHERWISE QUALIFIED UNDER THE
      SECURITIES ACT OF 1933 (THE 'SECURITIES ACT') OR UNDER THE APPLICABLE OR
      SECURITIES LAWS OF ANY STATE. NEITHER THESE SECURITIES NOR ANY INTEREST
      THEREIN MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE
      ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR ANY APPLICABLE
      SECURITIES LAWS OF ANY STATE, UNLESS PURSUANT TO EXEMPTIONS THEREFROM.

      THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED PURSUANT TO
      THAT CERTAIN STOCK AWARD AGREEMENT DATED ____________ BETWEEN THE COMPANY
      AND THE ISSUEE WHICH RESTRICTS THE TRANSFER OF THESE SHARES WHICH ARE
      SUBJECT TO REPURCHASE BY THE COMPANY UNDER CERTAIN CONDITIONS.

      and/or such other legend or legends as the Company and its counsel deem
      necessary or appropriate. Appropriate stop transfer instructions with
      respect to the Shares have been placed with the Company's transfer agent.

            (e) Grantee understands that he or she will recognize income, for
      Federal and state income tax purposes, in an amount equal to the amount by
      which the fair market value of the Shares, as of the date of grant,
      exceeds the price paid by Grantee, if any. The acceptance of the Shares by
      Grantee shall constitute an agreement by Grantee to report such income in
      accordance with then applicable law. Withholding for federal or state
      income and employment tax purposes will be made, if and as required by
      law, from Grantee's then current compensation, or, if such current
      compensation is insufficient to satisfy withholding tax liability, the
      Company may require Grantee to make a cash payment to cover such
      liability.

                                     - 4 -
<PAGE>

      7. Stand-off Agreement. Grantee agrees that, in connection with any
registration of the Company's securities under the Securities Act, and upon the
request of the Company or any underwriter managing an underwritten offering of
the Company's securities, Grantee shall not sell, short any sale of, loan, grant
an option for, or otherwise dispose of any of the Shares (other than Shares
included in the offering) without the prior written consent of the Company or
such managing underwriter, as applicable, for a period of at least one year
following the effective date of registration of such offering. This Section 8
shall survive any termination of this Agreement.

      8. Termination of Agreement. This Agreement shall terminate on the
occurrence of any one of the following events: (a) written agreement of all
parties to that effect; (b) a proposed dissolution or liquidation of the
Company, a merger or consolidation in which the Company is not the surviving
entity, or a sale of all or substantially all of the assets of the Company; (c)
the closing of any public offering of common stock of the Company pursuant to an
effective registration statement under the Securities Act; or (d) dissolution,
bankruptcy, or insolvency of the Company.

      9. Agreement Subject to Plan; Applicable Law. This Grant is made pursuant
to the Plan and shall be interpreted to comply therewith. A copy of such Plan is
available to Grantee, at no charge, at the principal office of the Company. Any
provision of this Agreement inconsistent with the Plan shall be considered void
and replaced with the applicable provision of the Plan. This Grant shall be
governed by the laws of the State of Delaware and subject to the exclusive
jurisdiction of the courts therein.

      10. Miscellaneous.

            (a) Notices. Any notice required to be given pursuant to this
      Agreement or the Plan shall be in writing and shall be deemed to have been
      duly delivered upon receipt or, in the case of notices by the Company,
      five (5) days after deposit in the U.S. mail, postage prepaid, addressed
      to Grantee at the last address provided by Grantee for use in the
      Company's records.

            (b) Entire Agreement. This instrument constitutes the sole agreement
      of the parties hereto with respect to the Shares. Any prior agreements,
      promises or representations concerning the Shares not included or
      reference herein shall be of no force or effect. This Agreement shall be
      binding on, and shall inure to the benefit of, the Parties hereto and
      their respective transferees, heirs, legal representatives, successors,
      and assigns.

            (c) Enforcement. This Agreement shall be construed in accordance
      with, and governed by, the laws of the State of Delaware and subject to
      the exclusive jurisdiction of the courts located in St. Johns County,
      State of Delaware. If Grantee attempts to transfer any of the Shares
      subject to this Agreement, or any interest in them in violation of the
      terms of this Agreement, the Company may apply to any court for an
      injunctive order prohibiting such proposed transaction, and the Company
      may institute and maintain proceedings against Grantee to compel specific
      performance of this Agreement without the necessity of proving the
      existence or extent of any damages to the Company. Any such attempted
      transaction shares in violation of this Agreement shall be null and void.

                                     - 5 -
<PAGE>

            (d) Validity of Agreement. The provisions of this Agreement may be
      waived, altered, amended, or repealed, in whole or in part, only on the
      written consent of all parties hereto. It is intended that each Section of
      this Agreement shall be viewed as separate and divisible, and in the event
      that any Section shall be held to be invalid, the remaining Sections shall
      continue to be in full force and effect.

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

                           COMPANY:     ADZONE RESEARCH, INC.,
                                        a Delaware corporation

                                        By:_____________________________
                                        Name:___________________________
                                        Title:__________________________

                           GRANTEE:
                                        By:  ___________________________
                                             (signature)
                                        Name:___________________________

             (one of the following, as appropriate, shall be signed)

I certify that as of the date          By his or her signature, the spouse of
hereof I am unmarried                  Grantee hereby agrees to be bound by the
                                       provisions of the foregoing STOCK AWARD
                                       AGREEMENT

_____________________________          ________________________________________
        Grantee                                 Spouse of Grantee

                                     - 6 -
<PAGE>

                                    EXHIBIT D

                              ADZONE RESEARCH, INC.
                       RESTRICTED STOCK PURCHASE AGREEMENT

================================================================================

      THIS RESTRICTED STOCK PURCHASE AGREEMENT ("Agreement") is made and entered
into as of the date set forth below, by and between ADZONE RESEARCH, INC., a
Delaware corporation (the "Company"), and the employee, director or consultant
of the Company named in Section 1(b). ("Grantee"):

      In consideration of the covenants herein set forth, the parties hereto
agree as follows:

      1. Stock Purchase Information.

            (a) Date of Agreement:      __________________

            (b) Grantee:                __________________

            (c) Number of Shares:       __________________

            (d) Purchase Price:         __________________

      2. Acknowledgements.

            (a) Grantee is a [employee/director/consultant] of the Company.

            (b) The Company has adopted a 2005 INCENTIVE STOCK PLAN (the "Plan")
      under which the Company's common stock ("Stock") may be offered to
      officers, employees, directors and consultants pursuant to an exemption
      from registration under the Securities Act of 1933, as amended (the
      "Securities Act") provided by Rule 701 thereunder.

            (c) The Grantee desires to purchase shares of the Company's common
      stock on the terms and conditions set forth herein.

      3. Purchase of Shares. The Company hereby agrees to sell and Grantee
hereby agrees to purchase, upon and subject to the terms and conditions herein
stated, the number of shares of Stock set forth in Section 1(c) (the "Shares"),
at the price per Share set forth in Section 1(d) (the "Price"). For the purpose
of this Agreement, the terms "Share" or "Shares" shall include the original
Shares plus any shares derived therefrom, regardless of the fact that the
number, attributes or par value of such Shares may have been altered by reason
of any recapitalization, subdivision, consolidation, stock dividend or amendment
of the corporate charter of the Company. The number of Shares covered by this
Agreement shall be proportionately adjusted for any increase or decrease in the
number of issued shares resulting from a recapitalization, subdivision or
consolidation of shares or the payment of a stock dividend, or any other
increase or decrease in the number of such shares effected without receipt of
consideration by the Company.

      4. Investment Intent. Grantee represents and agrees that Grantee is
accepting the Shares for the purpose of investment and not with a view to, or
for resale in connection with, any distribution thereof; and that, if requested,
Grantee shall furnish to the Company a written statement to such effect,
satisfactory to the Company in form and substance. If the Shares are registered
under the Securities Act, Grantee shall be relieved of the foregoing investment
representation and agreement and shall not be required to furnish the Company
with the foregoing written statement.
<PAGE>

      5. Restriction Upon Transfer. The Shares may not be sold, transferred or
otherwise disposed of and shall not be pledged or otherwise hypothecated by the
Grantee except as hereinafter provided.

            (a) Repurchase Right on Termination Other Than for Cause. For the
      purposes of this Section, a "Repurchase Event" shall mean an occurrence of
      one of (i) termination of Grantee's employment [or service as a
      director/consultant] by the Company, voluntary or involuntary and with or
      without cause; (ii) retirement or death of Grantee; (iii) bankruptcy of
      Grantee, which shall be deemed to have occurred as of the date on which a
      voluntary or involuntary petition in bankruptcy is filed with a court of
      competent jurisdiction; (iv) dissolution of the marriage of Grantee, to
      the extent that any of the Shares are allocated as the sole and separate
      property of Grantee's spouse pursuant thereto (in which case, this Section
      shall only apply to the Shares so affected); or (v) any attempted transfer
      by the Grantee of Shares, or any interest therein, in violation of this
      Agreement. Upon the occurrence of a Repurchase Event, the Company shall
      have the right (but not an obligation) to repurchase all or any portion of
      the Shares of Grantee at a price equal to the fair value of the Shares as
      of the date of the Repurchase Event.

            (b) Repurchase Right on Termination for Cause. In the event
      Grantee's employment [or service as a director/consultant] is terminated
      by the Company "for cause" (as defined below), then the Company shall have
      the right (but not an obligation) to repurchase Shares of Grantee at a
      price equal to the Price. Such right of the Company to repurchase Shares
      shall apply to 100% of the Shares for one (1) year from the date of this
      Agreement; and shall thereafter lapse at the rate of twenty percent (20%)
      of the Shares on each anniversary of the date of this Agreement. In
      addition, the Company shall have the right, in the sole discretion of the
      Board and without obligation, to repurchase upon termination for cause all
      or any portion of the Shares of Grantee, at a price equal to the fair
      value of the Shares as of the date of termination, which right is not
      subject to the foregoing lapsing of rights. Termination of employment [or
      service as a director/consultant] "for cause" means (i) as to employees
      and consultants, termination for cause as contemplated by the Delaware
      Labor Code and case law related thereto, or as defined in the Plan, this
      Agreement or in any employment [or consulting] agreement between the
      Company and Grantee, or (ii) as to directors, removal pursuant to the
      Delaware corporation law. In the event the Company elects to repurchase
      the Shares, the stock certificates representing the same shall forthwith
      be returned to the Company for cancellation.

            (c) Exercise of Repurchase Right. Any Repurchase Right under
      Paragraphs 4(a) or 4(b) shall be exercised by giving notice of exercise as
      provided herein to Grantee or the estate of Grantee, as applicable. Such
      right shall be exercised, and the repurchase price thereunder shall be
      paid, by the Company within a ninety (90) day period beginning on the date
      of notice to the Company of the occurrence of such Repurchase Event
      (except in the case of termination of employment or retirement, where such
      option period shall begin upon the occurrence of the Repurchase Event).
      Such repurchase price shall be payable only in the form of cash (including
      a check drafted on immediately available funds) or cancellation of
      purchase money indebtedness of the Grantee for the Shares. If the Company
      can not purchase all such Shares because it is unable to meet the
      financial tests set forth in the Delaware corporation law, the Company
      shall have the right to purchase as many Shares as it is permitted to
      purchase under such sections. Any Shares not purchased by the Company
      hereunder shall no longer be subject to the provisions of this Section 5.

                                     - 2 -
<PAGE>

            (d) Right of First Refusal. In the event Grantee desires to transfer
      any Shares during his or her lifetime, Grantee shall first offer to sell
      such Shares to the Company. Grantee shall deliver to the Company written
      notice of the intended sale, such notice to specify the number of Shares
      to be sold, the proposed purchase price and terms of payment, and grant
      the Company an option for a period of thirty days following receipt of
      such notice to purchase the offered Shares upon the same terms and
      conditions. To exercise such option, the Company shall give notice of that
      fact to Grantee within the thirty (30) day notice period and agree to pay
      the purchase price in the manner provided in the notice. If the Company
      does not purchase all of the Shares so offered during foregoing option
      period, Grantee shall be under no obligation to sell any of the offered
      Shares to the Company, but may dispose of such Shares in any lawful manner
      during a period of one hundred and eighty (180) days following the end of
      such notice period, except that Grantee shall not sell any such Shares to
      any other person at a lower price or upon more favorable terms than those
      offered to the Company.

            (e) Acceptance of Restrictions. Acceptance of the Shares shall
      constitute the Grantee's agreement to such restrictions and the legending
      of his certificates with respect thereto. Notwithstanding such
      restrictions, however, so long as the Grantee is the holder of the Shares,
      or any portion thereof, he shall be entitled to receive all dividends
      declared on and to vote the Shares and to all other rights of a
      shareholder with respect thereto.

            (f) Permitted Transfers. Notwithstanding any provisions in this
      Section 5 to the contrary, the Grantee may transfer Shares subject to this
      Agreement to his or her parents, spouse, children, or grandchildren, or a
      trust for the benefit of the Grantee or any such transferee(s); provided,
      that such permitted transferee(s) shall hold the Shares subject to all the
      provisions of this Agreement (all references to the Grantee herein shall
      in such cases refer mutatis mutandis to the permitted transferee, except
      in the case of clause (iv) of Section 5(a) wherein the permitted transfer
      shall be deemed to be rescinded); and provided further, that
      notwithstanding any other provisions in this Agreement, a permitted
      transferee may not, in turn, make permitted transfers without the written
      consent of the Grantee and the Company.

            (g) Release of Restrictions on Shares. All rights and restrictions
      under this Section 5 shall terminate five (5) years following the date
      upon which the Company receives the full Price as set forth in Section 3,
      or when the Company's securities are publicly traded, whichever occurs
      earlier.

      5. Representations and Warranties of the Grantee. This Agreement and the
issuance and grant of the Shares hereunder is made by the Company in reliance
upon the express representations and warranties of the Grantee, which by
acceptance hereof the Grantee confirms that:

            (a) The Shares granted to him pursuant to this Agreement are being
      acquired by him for his own account, for investment purposes, and not with
      a view to, or for sale in connection with, any distribution of the Shares.
      It is understood that the Shares have not been registered under the Act by
      reason of a specific exemption from the registration provisions of the Act
      which depends, among other things, upon the bona fide nature of his
      representations as expressed herein;

                                     - 3 -
<PAGE>

            (b) The Shares must be held by him indefinitely unless they are
      subsequently registered under the Act and any applicable state securities
      laws, or an exemption from such registration is available. The Company is
      under no obligation to register the Shares or to make available any such
      exemption; and

            (c) Grantee further represents that Grantee has had access to the
      financial statements or books and records of the Company, has had the
      opportunity to ask questions of the Company concerning its business,
      operations and financial condition and to obtain additional information
      reasonably necessary to verify the accuracy of such information;

            (d) Unless and until the Shares represented by this Grant are
      registered under the Securities Act, all certificates representing the
      Shares and any certificates subsequently issued in substitution therefor
      and any certificate for any securities issued pursuant to any stock split,
      share reclassification, stock dividend or other similar capital event
      shall bear legends in substantially the following form:

      THESE SECURITIES HAVE NOT BEEN REGISTERED OR OTHERWISE QUALIFIED UNDER THE
      SECURITIES ACT OF 1933 (THE 'SECURITIES ACT') OR UNDER THE APPLICABLE OR
      SECURITIES LAWS OF ANY STATE. NEITHER THESE SECURITIES NOR ANY INTEREST
      THEREIN MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE
      ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR ANY APPLICABLE
      SECURITIES LAWS OF ANY STATE, UNLESS PURSUANT TO EXEMPTIONS THEREFROM.

      THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED PURSUANT TO
      THAT CERTAIN RESTRICTED STOCK PURCHASE AGREEMENT DATED ____________
      BETWEEN THE COMPANY AND THE ISSUEE WHICH RESTRICTS THE TRANSFER OF THESE
      SHARES WHICH ARE SUBJECT TO REPURCHASE BY THE COMPANY UNDER CERTAIN
      CONDITIONS.

      and/or such other legend or legends as the Company and its counsel deem
      necessary or appropriate. Appropriate stop transfer instructions with
      respect to the Shares have been placed with the Company's transfer agent.

            (e) Grantee understands that he or she will recognize income, for
      Federal and state income tax purposes, in an amount equal to the amount by
      which the fair market value of the Shares, as of the date of Grant,
      exceeds the price paid by Grantee. The acceptance of the Shares by Grantee
      shall constitute an agreement by Grantee to report such income in
      accordance with then applicable law. Withholding for federal or state
      income and employment tax purposes will be made, if and as required by
      law, from Grantee's then current compensation, or, if such current
      compensation is insufficient to satisfy withholding tax liability, the
      Company may require Grantee to make a cash payment to cover such
      liability.

                                     - 4 -
<PAGE>

      7. Stand-off Agreement. Grantee agrees that, in connection with any
registration of the Company's securities under the Securities Act, and upon the
request of the Company or any underwriter managing an underwritten offering of
the Company's securities, Grantee shall not sell, short any sale of, loan, grant
an option for, or otherwise dispose of any of the Shares (other than Shares
included in the offering) without the prior written consent of the Company or
such managing underwriter, as applicable, for a period of at least one year
following the effective date of registration of such offering. This Section 8
shall survive any termination of this Agreement.

      8. Termination of Agreement. This Agreement shall terminate on the
occurrence of any one of the following events: (a) written agreement of all
parties to that effect; (b) a proposed dissolution or liquidation of the
Company, a merger or consolidation in which the Company is not the surviving
entity, or a sale of all or substantially all of the assets of the Company; (c)
the closing of any public offering of common stock of the Company pursuant to an
effective registration statement under the Act; or (d) dissolution, bankruptcy,
or insolvency of the Company.

      9. Agreement Subject to Plan; Applicable Law. This Grant is made pursuant
to the Plan and shall be interpreted to comply therewith. A copy of such Plan is
available to Grantee, at no charge, at the principal office of the Company. Any
provision of this Agreement inconsistent with the Plan shall be considered void
and replaced with the applicable provision of the Plan. This Grant shall be
governed by the laws of the State of Delaware and subject to the exclusive
jurisdiction of the courts therein.

      10. Miscellaneous.

            (a) Notices. Any notice required to be given pursuant to this
      Agreement or the Plan shall be in writing and shall be deemed to have been
      duly delivered upon receipt or, in the case of notices by the Company,
      five (5) days after deposit in the U.S. mail, postage prepaid, addressed
      to Grantee at the last address provided by Grantee for use in the
      Company's records.

            (b) Entire Agreement. This instrument constitutes the sole agreement
      of the parties hereto with respect to the Shares. Any prior agreements,
      promises or representations concerning the Shares not included or
      reference herein shall be of no force or effect. This Agreement shall be
      binding on, and shall inure to the benefit of, the Parties hereto and
      their respective transferees, heirs, legal representatives, successors,
      and assigns.

            (c) Enforcement. This Agreement shall be construed in accordance
      with, and governed by, the laws of the State of Delaware and subject to
      the exclusive jurisdiction of the courts located in St. Johns County,
      State of Delaware. If Grantee attempts to transfer any of the Shares
      subject to this Agreement, or any interest in them in violation of the
      terms of this Agreement, the Company may apply to any court for an
      injunctive order prohibiting such proposed transaction, and the Company
      may institute and maintain proceedings against Grantee to compel specific
      performance of this Agreement without the necessity of proving the
      existence or extent of any damages to the Company. Any such attempted
      transaction shares in violation of this Agreement shall be null and void.

                                     - 5 -
<PAGE>

            (d) Validity of Agreement. The provisions of this Agreement may be
      waived, altered, amended, or repealed, in whole or in part, only on the
      written consent of all parties hereto. It is intended that each Section of
      this Agreement shall be viewed as separate and divisible, and in the event
      that any Section shall be held to be invalid, the remaining Sections shall
      continue to be in full force and effect.

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

                           COMPANY:     ADZONE RESEARCH, INC.,
                                        a Delaware corporation

                                        By:_____________________________
                                        Name:___________________________
                                        Title:__________________________

                           GRANTEE:
                                        By:  ___________________________
                                             (signature)
                                        Name:___________________________

                                     - 6 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}]]