Document:

EXHIBIT 10.3

                        INDEPENDENT CONTRACTOR AGREEMENT

THIS INDEPENDENT CONTRACTOR AGREEMENT ("Agreement") is entered into on the 1st
day of November, 2004 by and between BRAMPTON CREST INTERNATIONAL, INC., a
Nevada corporation, its successors and assigns maintaining its principal offices
Miami Beach. Florida, (hereinafter referred to as "BRAMPTON" or the "Company")
and Robert Wineberg (hereinafter referred as "Consultant").

                                    RECITALS

         WHEREAS, Consultant is engaged in the business of financial and
business consulting services and has knowledge, expertise and personnel to
render the requisite services to BRAMPTON; and

         WHEREAS, BRAMPTON is desirous of retaining Consultant for the purpose
of obtaining these services so as to better, more fully and more effectively
deal more effectively in the financial services and business community.

         NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements contained herein, it is agreed as follows:

                                    AGREEMENT

         1. Independent Contractor. It is agreed between the parties that:

                  (a) Consultant will act at all times as an independent
contractor hereunder and shall hold itself out to third parties as an
independent contractor of the Company. Consultant shall never be deemed to be an
employee of the Company.

                  (b) Consultant is available to provide the Services hereunder.
Consultant warrants that Consultant shall not breach any agreement with any
third party as a consequence of providing the Services hereunder.

                  (c) The Company shall not be liable for the payment of any
federal, state, local income, social security, or any other taxes arising out of
or related to Consultant's work for the Company.

                  (d) Except to the extent provided herein, Consultant shall not
receive or be entitled to any consideration, compensation, or benefits of any
kind from the Company, including, but not limited to, pension, profit sharing or
similar plans or benefits, accident, health, medical, life or disability
insurance benefits or coverage.

                  (e) Consultant shall set, at his own discretion, the hours,
the order, the strategy, and the methods necessary to provide the Services
required of Consultant hereunder.

                  (f) Consultant has sufficient ability, training, and knowledge
to carry out satisfactorily the Services to be provided pursuant to this
Agreement without any control on the part of the Company and, based on this
expertise, shall determine the strategies needed to accomplish the work and to
achieve satisfactory results for the Company.

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                  (g) Except as set forth in Section 4, Consultant shall be
responsible for all costs and expenses incurred in connection with the
performance of the duties required of Consultant.

         2. Scope of Services.

                  (a) During the Term (as such term is defined below) of this
Agreement, Consultant shall use its best efforts to provide BRAMPTON financial
and business consulting services which would include evaluating various business
strategies and recommending changes where appropriate and also critically
evaluate BRAMPTON's performance in view of its corporate planning and business
objectives, including but not limited to the services provided in (b) below.

                  (b) Corporate Planning--(a) develop an in-depth
familiarization with BRAMPTON's business objectives and bring to its attention
potential or actual opportunities which meet those objectives or logical
extensions thereof, (b) alert BRAMPTON to new or emerging high potential forms
of product and distribution which could either be acquired or developed
internally, (c) comment on BRAMPTON's corporate development including such
factors as position in competitive environment, financial performances vs.
competition, strategies, operational viability, etc., and (d) identify
prospective suitable merger or acquisition candidates for the BRAMPTON, perform
appropriate diligence investigations with respect thereto, advise the BRAMPTON
with respect to the desirability of pursuing such candidates, and assist the
BRAMPTON in any negotiations which may ensue there from (collectively, with (a)
above the "Services").

                  (c) Consultant has no authority to enter into contracts or
agreements on behalf of the Company, except with the written authority of
BRAMPTON. This Agreement does not create a partnership between the parties.

                  (c) Consultant agrees to provide assurances of performance to
the Company, including but not limited to providing the Company with all
information related to the performance by Consultant of the Services, such
assurances to demonstrate that Consultant is using Consultant's reasonable best
efforts to perform the obligations hereunder in accordance with all necessary
care, skill, and diligence (the "Assurances"). Such requests for Assurances by
the Company shall be provided to the Company upon written request by the
Company.

                  (d) Consultant acknowledges and agrees that it will not make
any oral or written warranties or representations regarding the Services of the
Company, without the approval of the Company.

                  (e) The services to be rendered by Consultant to the BRAMPTON
shall under NO circumstances include the following:

                 1. Any activities which could be deemed by the Securities and
Exchange Commission to constitute investment banking or any other activities
required by Consultant to be registered as a broker-dealer under the Securities
Act of 1934.

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                  2. Any activities which could be deemed to be in connection
with the offer or sale of securities in a capital-raising transaction.

         3. Term. This Agreement shall commence on the Effective Date and shall
continue in effect for a term of one year (the "Term"), unless earlier
terminated pursuant to Section 5.

4. Compensation.

                  (a) For the services to be rendered and performed by
Consultant during the term of the Agreement, BRAMPTON shall pay to Consultant
100,000 shares of BRAMPTON's common stock dated as the date of this Agreement
and 100,000 warrants to purchase an equal number of common shares of the Company
at an exercise price of $0.001 per share of common stock for a period of three
years from the date of issuance (collectively, the "Units") dated as the date of
this Agreement.

                  (b) BRAMPTON shall pay to Consultant an annual fee of $37,500,
payable monthly in advance.

                  c) BRAMPTON shall also reimburse Consultant for all reasonable
and necessary out-of-pocket expenses incurred in the performance of its duties
for BRAMPTON. Upon presentation of statements setting forth in reasonable detail
the amount of such approved expenses and copies of all receipts, BRAMPTON shall
reimburse Consultant within a reasonable period of time.

         5. Termination. The Company may terminate this Agreement under the
following conditions:

            (a)   If the Company has not  received the  Assurances,  the Company
                  shall have five (5) business days to provide written notice to
                  Consultant  that  such  Assurances  were  not  given  or  were
                  inadequate and Consultant fails to provide  reasonable written
                  assurances  to the Company  within five (5) days of receipt of
                  such notice.

            (b)   By either the Company or Consultant, upon a material breach of
                  any  representation,  warranty,  covenant or  agreement on the
                  part of the Company or Consultant  respectively,  set forth in
                  this Agreement,  or if any  representation  or warranty of the
                  Company or Consultant, respectively, shall have become untrue,
                  (a "Terminating Breach"), and such breach shall, if capable of
                  cure,  not have been cured within ten (10) days after  receipt
                  by the  party in  breach  of a notice  from the  non-breaching
                  party setting forth in detail the nature of such breach.

            (c)   By mutual written consent of both parties.

            (d)   Upon a change  of  control  transaction.  "Change  of  Control
                  Transaction" means the occurrence after the date hereof of any
                  of (i) an  acquisition  after the date hereof by an individual
                  or legal entity or "group" (as  described  in Rule  13d5(b)(1)
                  promulgated  under the  Securities  Exchange  Act of 1934,  as
                  amended)  of  effective  control  (whether  through  legal  or
                  beneficial  ownership  of  capital  stock of the  Company,  by
                  contract  or  otherwise)  of in  excess  of 33% of the  voting
                  securities of the Company,  including,  but not limited,  to a
                  merger, sale, transfer or share exchange or (ii) the execution
                  by the Company of an agreement to which the Company is a party
                  or by which it is bound,  providing  for any of the events set
                  forth above in (i).

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          (e)     Upon written notice to Consultant exercising or confirming the
                  right of termination hereunder, as of the date such
                  termination is effective, the Company shall be released from
                  all obligations hereunder immediately upon any such
                  termination, including, but not limited to, the obligation to
                  compensate Consultant pursuant to the terms of Section 4
                  except that the Consultant shall retain the shares of BRAMPTON
                  common stock. However, the Company and Consultant's
                  obligations under Sections 6, 7, 11, and 12 shall survive the
                  termination of this Agreement.

         6. Representations and Warranties of Consultant. Consultant warrants to
The Company that:

                  (a) Consultant is not currently under any contract or
agreement with any party that will prevent Consultant from performing
Consultant's duties under this Agreement;

                  (b) Consultant is not, and by the performance of Consultant's
duties under this Agreement will not be, in breach of any agreement with respect
to any trade secrets or confidential information owned by any other party;

                  (c) Consultant has not entered into, and will not enter into,
any agreement, either written or oral, in conflict with this Agreement.

         7. Confidentiality and Development.

                  (a) Consultant acknowledges that in order for Consultant to
perform the duties hereunder properly, the Company must necessarily entrust
Consultant with certain Trade Secrets and Confidential Information (as such
terms are defined below) belonging to the Company. Consultant further
acknowledges that the Trade Secrets and Confidential Information are within the
exclusive knowledge and possession of the Company, are not generally available
to the public, are protected and kept secret by the Company and constitute a
valuable asset of the Company which gives the Company an advantage over its
competitors. Consultant further acknowledges that the development or acquisition
of such Trade Secrets or Confidential Information is the result of great effort
and expense by the Company, that the Trade Secrets and Confidential Information
are critical to the success and survival of the Company, and that the
unauthorized disclosure or use of the Trade Secrets or Confidential Information
would cause the Company irreparable harm. Accordingly, Consultant requires and
agrees that the restrictions contained in this Agreement are reasonable and
necessary to protect the Company's legitimate business interests. Except as may
be required in connection with Consultant's services to the Company's business,
Consultant will not at any time, whether during or after the termination of
services with the Company, use or reveal to any person or entity any of the
Trade Secrets or Confidential Information of the Company or of any third party
which belongs to or is used by the Company for which the Company is under an
obligation to keep confidential, except as may be required in the ordinary
course of performing the duties described in Section 2. Consultant further
agrees to keep secret all matters entrusted to Consultant and shall not use or
disclose or attempt to use or disclose any such information in any manner which,
among other things, may be calculated to injure or cause loss whether directly
or indirectly to the Company.

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                  (b) Further, Consultant agrees that during the Term,
Consultant shall not make, use or permit to be used any notes, memoranda,
reports, lists, records, drawings, sketches, pictures, specifications, software
programs, data, documentation or other material containing the Trade Secrets or
Confidential Information of or concerning any of its dealings or affairs of the
Company (collectively, the "Company Property") other than for the benefit of the
Company.

                  (c) As used herein, "Trade Secrets" means information, without
regard to form, including without limitation a formula, pattern, compilation,
program, device, method, technique, or process that: (i) derives independent
economic value, actual or potential, from not being generally known to, and not
being readily ascertainable by proper means by, other persons who can obtain
economic value from its disclosure or use; and (ii) is the subject of efforts
that are reasonable under the circumstances to maintain its secrecy. As used
herein, "Confidential Information" means information, other than Trade Secrets,
that is of value to the Company and is treated as confidential. Trade Secrets
and Confidential Information may include, without limitation, information with
respect to the Company's organization, business, finances, inventions, products,
designs, methods, know-how, techniques, systems, processes, software programs,
works of authorship, customer lists, projects, plans, proposals, computer
password(s), access number(s) and/or alarm code(s).

                  (d) Consultant's obligations with respect to (i) Trade Secrets
will survive for so long as such information constitutes a Trade Secret, and
(ii) Confidential Information will survive indefinitely following the
termination of Consultant's service with the Company.

         8.       Indemnification.

                  (a) Consultant shall indemnify and hold the Company and its
affiliates' directors, officers, employees, and agents harmless from and against
any and all claims that result from a breach by Consultant of this Agreement
including, but not limited to, any representations, warranties, or covenants of
Consultant provided herein or any damages caused to any property of the Company
or his affiliates, or injury to persons caused by the willful misconduct or
gross negligence of Consultant. The Company shall give Consultant prompt written
notice of the assertion of any such claim. Consultant shall assume the defense
of such claim at his own expense, with counsel of his own choosing (subject to
the Company's reasonable approval), and shall have complete control over the
claim, provided that Consultant shall not settle the claim without the Company's
prior written approval, which approval shall not be unreasonably withheld. The
Company shall be entitled to participate in any such defense at its own expense
with counsel of its own choosing.

                    (b) The Company shall indemnify and hold Consultant harmless
from and against any and all claims that result from a breach by the Company of
this Agreement including, but not limited to, any representations, warranties,
or covenants of the Company provided herein or any damages caused to any
property of Consultant, or injury to persons caused by the willful misconduct or
gross negligence of the Company. Consultant shall give the Company prompt
written notice of the assertion of any such claim. The Company shall assume the
defense of such claim at his own expense, with counsel of its own choosing
(subject to Consultant's reasonable approval), and shall have complete control
over the claim, provided that the Company shall not settle the claim without
Consultant's prior written approval, which approval shall not be unreasonably
withheld. Consultant shall be entitled to participate in any such defense at his
own expense with counsel of his own choosing.

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         9. Equitable Relief. The parties to this Agreement acknowledge that a
breach by Consultant of any terms or conditions of this Agreement shall result
in irreparable harm to the Company and that the remedies at law for such breach
may not adequately compensate the Company for damages suffered. Accordingly,
Consultant agrees that in the event of such breach, the Company shall be
entitled to injunctive relief or such other equitable remedy as a court of
competent jurisdiction may provide. Nothing contained herein will be construed
to limit the Company's right to any remedies at law, including the recovery of
damages for breach of this Agreement. Therefore, the Company shall be entitled
to specific performance and injunctive and other forms of equitable relief
without the requirement to post a bond or other form of security in addition to
the Company's remedies at law, including an injunction restraining Consultant
from committing or continuing such breach.

         10. Severability. Consultant hereby agrees that each provision herein
shall be treated as a separate and independent clause, and that the
unenforceability of any one clause shall in no way impair the enforceability of
any of the other clauses herein. Moreover, if one or more of the provisions
contained in this Agreement shall for any reason be held to be excessively broad
as to scope, activity, or subject so as to be unenforceable at law, such
provision or provisions shall be construed by the appropriate judicial body by
limiting and reducing it or them, so as to be enforceable to the maximum extent
compatible with the current applicable law.

         11. Notices. Any notice to be given by either party to the other
hereunder shall be sufficient if in writing and sent by registered or certified
mail, return receipt requested, addressed to such party at the address specified
on the first page of this Agreement or such other address as either party may
have given to the other in writing.

         Any party may send any notice, request, demand, claim or other
communication hereunder to the intended recipient at the address set forth above
using any other means (including personal delivery, expedited courier, messenger
service, facsimile, ordinary mail or electronic mail), but no such notice,
request, demand, claim or other communication shall be deemed to have been duly
given unless and until it actually is received or refused by the intended
recipient. Any party may change the address to which notices, requests, demands,
claims and other communications hereunder are to be delivered by giving the
other party notice in the manner herein set forth.

         12. Miscellaneous. This Agreement shall not be amended or modified
except by a writing executed by both parties. This Agreement shall be binding
upon and inure to the benefit of the Company. Due to the personal nature of this
Agreement, Consultant shall not have the right to assign Consultant's rights or
obligations under this Agreement without the prior written consent of the
Company, which consent may be withheld in the Company's sole and absolute
discretion. Any waiver by the Company of a breach of any provision of this
Agreement shall not operate or be construed as a waiver of any subsequent breach
of such provision or any other provision hereof. This Agreement shall be
governed by the laws of the State of Florida, without regard to conflicts of

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laws principles. Any suit, action, or proceeding arising out of or relating to
this Agreement shall be commenced and maintained in any court of competent
jurisdiction in the State of Florida, with exclusive venue in Miami-Dade County
and the parties consent to jurisdiction there. All communications required or
otherwise provided under this Agreement shall be in writing and shall be deemed
given when delivered to the last known address of the party by hand, by courier
or express mail, or by registered or certified United States mail, return
receipt requested, postage prepaid. Consultant's obligations under this
Agreement shall survive the termination of Consultant's service regardless of
the manner of such termination and shall be binding upon Consultant's heirs,
executors, administrators, and legal representatives.

         Neither party shall have the right to assign this Agreement without the
written consent of the other party, except that the Company may assign this
party to a successor entity and all covenants and agreements hereunder shall
inure to the benefit of and be enforceable by the assignee. This Agreement
represents the entire understanding of the parties regarding the terms and
conditions of Consultant's service or prospective service to the Company, and
supersedes and terminates all prior communications, agreements and
understandings, whether oral or written, relating to the subject matter hereof.
Consultant acknowledges that Consultant has not been represented by the
Company's attorney in connection with this Agreement, and that Consultant has
been advised and has had an opportunity to seek separate legal counsel and
representation in this matter. Consultant shall be obligated to pay all
incidental and consequential damages which the Company may sustain by reason of
Consultant's breach of any provision of this Agreement, including without
limitation, all legal fees and other expenses incurred by the Company. In the
event of any litigation arising out of the services or covenants contemplated in
this Agreement, the costs of such litigation, including reasonable attorneys'
fees (through all levels of appeals ) of the prevailing party, shall be paid by
the non-prevailing party. This Agreement may be executed in one or more
counterparts, each counterpart to be considered an original portion of this
Stipulation and all of which shall constitute a singular document.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the Effective Date.

CONSULTANT:                                   THE COMPANY:

                                              BRAMPTON CREST INTERNATIONAL, INC.

By:                                           By:
   -------------------------                     -------------------------------

Name:                                         Name:
     -----------------------                       -----------------------------

Title:                                        Title:
      ----------------------                        ----------------------------

                                     7 of 7ADDISON-DAVIS DIAGNOSTICS, INC.

                        2004 INCENTIVE EQUITY STOCK PLAN

      1.    PURPOSE.

      The purpose of this Plan is to provide incentives to attract, retain and
motivate eligible persons whose present and potential contributions are
important to the success of the Company, and its Parent and Subsidiaries (if
any), by offering them an opportunity to participate in the Company's future
performance through awards of Options, the right to purchase Common Stock and
Stock Bonuses. Capitalized terms not defined in the text are defined in Section
2.

      2.    DEFINITIONS.

      As used in this Plan, the following terms will have the following
meanings:

      "AWARD" means any award under this Plan, including any Option, Stock Award
or Stock Bonus.

      "AWARD AGREEMENT" means, with respect to each Award, the signed written
agreement between the Company and the Participant setting forth the terms and
conditions of the Award.

      "BOARD" means the Board of Directors of the Company.

      "CAUSE" means any cause, as defined by applicable law, for the termination
of a Participant's employment with the Company or a Parent or Subsidiary of the
Company.

      "CODE" means the Internal Revenue Code of 1986, as amended.

      "COMPANY" means Addison-Davis Diagnostics, Inc., or any successor
corporation.

<PAGE>

      "COMMITTEE" means that committee appointed by the Board of Directors to
administer and interpret the Plan as more particularly described in Section 5 of
the Plan; provided, however, that the term Committee will refer to the Board of
Directors during such times as no Committee is appointed by the Board of
Directors.

      "DISABILITY" means a disability, whether temporary or permanent, partial
or total, as determined by the Committee.

      "EXCHANGE ACT" means the Securities Exchange Act of 1934, as amended.

      "EXERCISE PRICE" means the price at which a holder of an Option may
purchase the Shares issuable upon exercise of the Option.

      "FAIR MARKET VALUE" means, as of any date, the value of a share of the
Company's Common Stock determined as follows:

            (a) if such Common Stock is publicly traded and is then listed on a
      national securities exchange, its closing price on the date of
      determination on the principal national securities exchange on which the
      Common Stock is listed or admitted to trading;

            (b) if such Common Stock is quoted on the NASDAQ National Market or
      the NASDAQ SmallCap Market, its closing price on the NASDAQ National
      Market or the NASDAQ SmallCap Market, respectively, on the date of
      determination;

            (c) if such Common Stock is publicly traded but is not listed or
      admitted to trading on a national securities exchange, the average of the
      closing bid and asked prices on the date of determination, provided
      however, if at the sole discretion of the Committee, if a active public
      market does not accurately reflect the bid/ask prices, then the fair
      market value shall be determined by the Committee in good faith; or

<PAGE>

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

      "INSIDER" means an officer or director of the Company or any other person
whose transactions in the Company's Common Stock are subject to Section 16 of
the Exchange Act.

      "OPTION" means an award of an option to purchase Shares pursuant to
Section 6.

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

      "PARTICIPANT" means a person who receives an Award under this Plan.

      "PERFORMANCE FACTORS" means the factors selected by the Committee, in its
sole and absolute discretion, from among the following measures to determine
whether the performance goals applicable to Awards have been satisfied:

            (a)   Net revenue and/or net revenue growth;

            (b)   Earnings before income taxes and amortization and/or earnings
                  before income taxes and amortization growth;

            (c)   Operating income and/or operating income growth;

            (d)   Net income and/or net income growth;

            (e)   Earnings per share and/or earnings per share growth;

            (f)   Total stockholder return and/or total stockholder return
                  growth;

<PAGE>

            (g)   Return on equity;

            (h)   Operating cash flow return on income;

            (i)   Adjusted operating cash flow return on income;

            (j)   Economic value added; and

                  (k) Individual business objectives.

      "PERFORMANCE PERIOD" means the period of service determined by the
Committee, not to exceed five years, during which years of service or
performance is to be measured for Stock Awards or Stock Bonuses, if such Awards
are restricted.

      "PLAN" means this Addison-Davis Diagnostics, Inc. 2004 Incentive Equity
Plan, as amended from time to time.

      "PURCHASE PRICE" means the price at which the Participant of a Stock Award
may purchase the Shares.

      "SEC" means the Securities and Exchange Commission.

      "SECURITIES ACT" means the Securities Act of 1933, as amended.

      "SHARES" means shares of the Company's Common Stock reserved for issuance
under this Plan, as adjusted pursuant to Sections 3 and 19, and any successor
security.

      "STOCK AWARD" means an award of Shares pursuant to Section 7.

<PAGE>

      "STOCK BONUS" means an award of Shares, or cash in lieu of Shares,
pursuant to Section 8.

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

      "TERMINATION" or "TERMINATED" means, for purposes of this Plan with
respect to a Participant, that the Participant has for any reason ceased to
provide services as an employee, officer, director, consultant, independent
contractor or advisor to the Company or a Parent or Subsidiary of the Company.
An employee will not be deemed to have ceased to provide services in the case of
(i) sick leave, (ii) military leave, or (iii) any other leave of absence
approved by the Company, provided that such leave is for a period of not more
than 90 days, unless reemployment upon the expiration of such leave is
guaranteed by contract or statute or unless provided otherwise pursuant to a
formal policy adopted from time to time by the Company and issued and
promulgated to employees in writing. In the case of any employee on an approved
leave of absence, the Committee may make such provisions respecting suspension
of vesting of the Award while on leave from the employ of the Company or a
Subsidiary as it may deem appropriate, except that in no event may an Option be
exercised after the expiration of the term set forth in the Option agreement.
The Committee will have sole discretion to determine whether a Participant has
ceased to provide services and the effective date on which the Participant
ceased to provide services (the "Termination Date").

      3. SHARES SUBJECT TO THE PLAN.

      3.1 Number of Shares Available. Subject to Sections 3.2 and 19, the total
aggregate number of Shares reserved and available for grant and issuance
pursuant to this Plan shall be 1,000,000 Shares and will include Shares that are
subject to: (a) issuance upon exercise of an Option but cease to be subject to
such Option for any reason other than exercise of such Option; (b) an Award
granted hereunder but forfeited or repurchased by the Company at the original
issue price; and (c) an Award that otherwise terminates without Shares being
issued. At all times the Company shall reserve and keep available a sufficient
number of Shares as shall be required to satisfy the requirements of all
outstanding Options granted under this Plan and all other outstanding but
unvested Awards granted under this Plan.

<PAGE>

      3.2 Adjustment of Shares. In the event that the number of outstanding
shares is changed by a stock dividend, recapitalization, stock split, reverse
stock split, subdivision, combination, reclassification or similar change in the
capital structure of the Company without consideration, then (a) the number of
Shares reserved for issuance under this Plan, (b) the Exercise Prices of and
number of Shares subject to outstanding Options, and (c) the number of Shares
subject to other outstanding Awards will be proportionately adjusted, subject to
any required action by the Board or the stockholders of the Company and
compliance with applicable securities laws; provided, however, that fractions of
a Share will not be issued but will either be replaced by a cash payment equal
to the Fair Market Value of such fraction of a Share or will be rounded up to
the nearest whole Share, as determined by the Committee.

      4. ELIGIBILITY.

      ISOs (as defined in Section 6 below) may be granted only to employees
(including officers and directors who are also employees) of the Company or of a
Parent or Subsidiary of the Company. All other Awards may be granted to
employees, officers, directors, consultants, independent contractors and
advisors of the Company or any Parent or Subsidiary of the Company, provided
such consultants, independent contractors and advisors render bona-fide services
not in connection with the offer and sale of securities in a capital-raising
transaction or promotion of the Company's securities. A person may be granted
more than one Award under this Plan.

      5. ADMINISTRATION.

<PAGE>

         5.1      Committee.

            (a) The Plan shall be administered and interpreted by a committee
consisting of two (2) or more members of the Board.

            (b) Members of the Committee may resign at any time by delivering
written notice to the Board. Vacancies in the Committee shall be filled by the
Board. The Committee shall act by a majority of its members in office. The
Committee may act either by vote at a meeting or by a memorandum or other
written instrument signed by a majority of the Committee.

            (c) If the Board, in its discretion, does not appoint a Committee,
the Board itself will administer and interpret the Plan and take such other
actions as the Committee is authorized to take hereunder; provided that the
Board may take such actions hereunder in the same manner as the Board may take
other actions under the Certificate of Incorporation and bylaws of the Company
generally.

      5.2 Committee Authority. Without limitation, the Committee will have the
authority to:

            (a) construe and interpret this Plan, any Award Agreement and any
other agreement or document executed pursuant to this Plan;

            (b) prescribe, amend and rescind rules and regulations relating to
this Plan or any Award;

            (c) select persons to receive Awards;

            (d) determine the form and terms of Awards;

<PAGE>

            (e) determine the number of Shares or other consideration subject to
Awards;

            (f) determine whether Awards will be granted singly, in combination
with, in tandem with, in replacement of, or as alternatives to, other Awards
under this Plan or any other incentive or compensation plan of the Company or
any Parent or Subsidiary of the Company;

            (g) grant waivers of Plan or Award conditions;

            (h) determine the vesting, exercisability and payment of Awards;

            (i) correct any defect, supply any omission or reconcile any
inconsistency in this Plan, any Award or any Award Agreement;

            (j) determine whether an Award has been earned; and

            (k) make all other determinations necessary or advisable for the
administration of this Plan.

      5.3 Committee Discretion. Any determination made by the Committee with
respect to any Award will be made at the time of grant of the Award or, unless
in contravention of any express term of this Plan or Award, at any later time,
and such determination will be final and binding on the Company and on all
persons having an interest in any Award under this Plan. The Committee may
delegate to one or more officers of the Company the authority to grant an Award
under this Plan to Participants who are not Insiders of the Company. No member
of the Committee shall be personally liable for any action taken or decision
made in good faith relating to this Plan, and all members of the Committee shall
be fully protected and indemnified to the fullest extent permitted under
applicable law by the Company in respect to any such action, determination, or
interpretation.

      6. OPTIONS.

      The Committee may grant Options to eligible persons and will determine
whether such Options will be Incentive Stock Options within the meaning of the
Code ("ISO") or Nonqualified Stock Options ("NQSOs"), the number of Shares
subject to the Option, the Exercise Price of the Option, the period during which
the Option may be exercised, and all other terms and conditions of the Option,
subject to the following:

<PAGE>

      6.1 Form of Option Grant. Each Option granted under this Plan will be
evidenced by an Award Agreement which will expressly identify the Option as an
ISO or an NQSO (hereinafter referred to as the "Stock Option Agreement"), and
will be in such form and contain such provisions (which need not be the same for
each Participant) as the Committee may from time to time approve, and which will
comply with and be subject to the terms and conditions of this Plan.

      6.2 Date of Grant. The date of grant of an Option will be the date on
which the Committee makes the determination to grant such Option, unless
otherwise specified by the Committee. The Stock Option Agreement and a copy of
this Plan will be delivered to the Participant within a reasonable time after
the granting of the Option.

      6.3 Exercise Period. Options may be exercisable within the times or upon
the events determined by the Committee as set forth in the Stock Option
Agreement governing such Option; provided, however, that no Option will be
exercisable after the expiration of ten (10) years from the date the Option is
granted; and provided further that no ISO granted to a person who directly or by
attribution owns more than ten percent (10%) of the total combined voting power
of all classes of stock of the Company or of any Parent or Subsidiary of the
Company ("Ten Percent Stockholder") will be exercisable after the expiration of
five (5) years from the date the ISO is granted. The Committee also may provide
for Options to become exercisable at one time or from time to time, periodically
or otherwise, in such number of Shares or percentage of Shares as the Committee
determines, provided, however, that in all events a Participant will be entitled
to exercise an Option at the rate of at least 20% per year over five years from
the date of grant, subject to reasonable conditions such as continued
employment; and further provided that an Option granted to a Participant who is
an officer or director may become fully exercisable, subject to reasonable
conditions such as continued employment, at any time or during any period
established by the Company.

<PAGE>

      6.4 Exercise Price. The Exercise Price of an Option will be determined by
the Committee when the Option is granted and may be not less than 85% of the
Fair Market Value of the Shares on the date of grant; provided that: (a) the
Exercise Price of an ISO will be not less than 100% of the Fair Market Value of
the Shares on the date of grant; and (b) the Exercise Price of any Option
granted to a Ten Percent Stockholder will not be less than 110% of the Fair
Market Value of the Shares on the date of grant. Payment for the Shares
purchased may be made in accordance with Section 9 of this Plan.

      6.5 Method of Exercise. Options may be exercised only by delivery to the
Company of a written stock option exercise agreement (the "Exercise Agreement")
in a form approved by the Committee, (which need not be the same for each
Participant), stating the number of Shares being purchased, the restrictions
imposed on the Shares purchased under such Exercise Agreement, if any, and such
representations and agreements regarding the Participant's investment intent and
access to information and other matters, if any, as may be required or desirable
by the Company to comply with applicable securities laws, together with payment
in full of the Exercise Price for the number of Shares being purchased.

      6.6 Termination. Notwithstanding the exercise periods set forth in the
Stock Option Agreement, exercise of an Option will always be subject to the
following:

      (a) If the Participant's service is Terminated for any reason except death
or Disability, then the Participant may exercise such Participant's Options only
to the extent that such Options would have been exercisable upon the Termination
Date no later than three (3) months after the Termination Date (or such longer
time period not exceeding five (5) years as may be determined by the Committee,
with any exercise beyond three (3) months after the Termination Date deemed to
be an NQSO).

<PAGE>

      (b) If the Participant's service is Terminated because of the
Participant's death or Disability (or the Participant dies within three (3)
months after a Termination other than for Cause or because of Participant's
Disability), then the Participant's Options may be exercised only to the extent
that such Options would have been exercisable by the Participant on the
Termination Date and must be exercised by the Participant (or the Participant's
legal representative) no later than twelve (12) months after the Termination
Date (or such longer time period not exceeding five (5) years as may be
determined by the Committee, with any such exercise beyond (i) three (3) months
after the Termination Date when the Termination is for any reason other than the
Participant's death or Disability, or (ii) twelve (12) months after the
Termination Date when the Termination is for Participant's death or Disability,
deemed to be an NQSO).

      (c) Notwithstanding the provisions in paragraph 6.6(a) above, if the
Participant's service is Terminated for Cause, neither the Participant, the
Participant's estate nor such other person who may then hold the Option shall be
entitled to exercise any Option with respect to any Shares whatsoever, after
Termination, whether or not after Termination the Participant may receive
payment from the Company or a Subsidiary for vacation pay, for services rendered
prior to Termination, for services rendered for the day on which Termination
occurs, for salary in lieu of notice, or for any other benefits. For the purpose
of this paragraph, Termination shall be deemed to occur on the date when the
Company dispatches notice or advice to the Participant that his service is
Terminated.

      6.7 Limitations on Exercise. The Committee may specify a reasonable
minimum number of Shares that may be purchased on any exercise of an Option,
provided that such minimum number will not prevent the Participant from
exercising the Option for the full number of Shares for which it is then
exercisable.

      6.8 Limitations on ISO. The aggregate Fair Market Value (determined as of
the date of grant) of Shares with respect to which ISO are exercisable for the
first time by a Participant during any calendar year (under this Plan or under
any other incentive stock option plan of the Company, Parent or Subsidiary of
the Company) will not exceed $100,000. If the Fair Market Value of Shares on the
date of grant with respect to which ISO are exercisable for the first time by a
Participant during any calendar year exceeds $100,000, then the Options for the
first $100,000 worth of Shares to become exercisable in such calendar year will
be ISO and the Options for the amount in excess of $100,000 that become
exercisable in that calendar year will be NQSOs. In the event that the Code or
the regulations promulgated thereunder are amended after the Effective Date of
this Plan to provide for a different limit on the Fair Market Value of Shares
permitted to be subject to ISO, such different limit will be automatically
incorporated herein and will apply to any Options granted after the effective
date of such amendment.

<PAGE>

      6.9 Modification, Extension or Renewal. The Committee may modify, extend
or renew outstanding Options and authorize the grant of new Options in
substitution therefore, provided that any such action may not, without the
written consent of a Participant, impair any of such Participant's rights under
any Option previously granted. Any outstanding ISO that is modified, extended,
renewed or otherwise altered will be treated in accordance with Section 424(h)
of the Code. The Committee may reduce the Exercise Price of outstanding Options
without the consent of Participants affected by a written notice to them;
provided, however, that the Exercise Price may not be reduced below the minimum
Exercise Price that would be permitted under Section 6.4 of this Plan for
Options granted on the date the action is taken to reduce the Exercise Price.

      6.10 No Disqualification. Notwithstanding any other provision in this
Plan, no term of this Plan relating to ISO will be interpreted, amended or
altered, nor will any discretion or authority granted under this Plan be
exercised, so as to disqualify this Plan under Section 422 of the Code or,
without the consent of the Participant affected, to disqualify any ISO under
Section 422 of the Code.

<PAGE>

      7. STOCK AWARD.

      A Stock Award is an offer by the Company to sell to an eligible person
Shares that may or may not be subject to restrictions. The Committee will
determine to whom an offer will be made, the number of Shares the person may
purchase, the price to be paid (the "Purchase Price"), the restrictions to which
the Shares will be subject, if any, and all other terms and conditions of the
Stock Award, subject to the following:

      7.1 Form of Stock Award. All purchases under a Stock Award made pursuant
to this Plan will be evidenced by an Award Agreement (the "Stock Purchase
Agreement") that will be in such form (which need not be the same for each
Participant) as the Committee will from time to time approve, and will comply
with and be subject to the terms and conditions of this Plan. The offer of a
Stock Award will be accepted by the Participant's execution and delivery of the
Stock Purchase Agreement (or similar agreement) and payment for the Shares to
the Company in accordance with the Stock Purchase Agreement.

      7.2 Purchase Price. The Purchase Price of Shares sold pursuant to a Stock
Award will be determined by the Committee on the date the Stock Award is granted
and may not be less than 85% of the Fair Market Value of the Shares on the grant
date, except in the case of a sale to a Ten Percent Stockholder, in which case
the Purchase Price will be 100% of the Fair Market Value. Payment of the
Purchase Price must be made in accordance with Section 9 of this Plan.

      7.3 Terms of Stock Awards. Stock Awards may be subject to such
restrictions as the Committee may impose. These restrictions may be based upon
completion of a specified number of years of service with the Company or upon
completion of the performance goals as set out in advance in the Participant's
individual Stock Purchase Agreement. Stock Awards may vary from Participant to
Participant and between groups of Participants. Prior to the grant of a Stock
Award subject to restrictions, the Committee shall: (a) determine the nature,
length and starting date of any Performance Period for the Stock Award; (b)
select from among the Performance Factors to be used to measure performance
goals, if any; and (c) determine the number of Shares that may be awarded to the
Participant. Prior to the transfer of any Stock Award, the Committee shall
determine the extent to which such Stock Award has been earned. Performance
Periods may overlap and Participants may participate simultaneously with respect
to Stock Awards that are subject to different Performance Periods and have
different performance goals and other criteria.

<PAGE>

      7.4 Termination During Performance Period. If a Participant is Terminated
during a Performance Period for any reason, then such Participant will be
entitled to payment (whether in Shares, cash or otherwise) with respect to the
Stock Award only to the extent earned as of the date of Termination in
accordance with the Stock Purchase Agreement, unless the Committee determines
otherwise.

      8. STOCK BONUSES.

      8.1 Awards of Stock Bonuses. A Stock Bonus is an award of Shares for
extraordinary services rendered to the Company or any Parent or Subsidiary of
the Company. A Stock Bonus will be awarded pursuant to an Award Agreement (the
"Stock Bonus Agreement") that will be in such form (which need not be the same
for each Participant) as the Committee will from time to time approve, and will
comply with and be subject to the terms and conditions of this Plan. A Stock
Bonus may be awarded upon satisfaction of such performance goals as are set out
in advance in the Participant's individual Award Agreement (the "Performance
Stock Bonus Agreement") that will be in such form (which need not be the same
for each Participant) as the Committee will from time to time approve, and will
comply with and be subject to the terms and conditions of this Plan. Stock
Bonuses may vary from Participant to Participant and between groups of
Participants, and may be based upon the achievement of the Company, Parent or
Subsidiary and/or individual performance factors or upon such other criteria as
the Committee may determine.

      8.2 Terms of Stock Bonuses. The Committee will determine the number of
Shares to be awarded to the Participant. If the Stock Bonus is being earned upon
the satisfaction of performance goals pursuant to a Performance Stock Bonus
Agreement, then the Committee will: (a) determine the nature, length and
starting date of any Performance Period for each Stock Bonus; (b) select from
among the Performance Factors to be used to measure the performance, if any; and
(c) determine the number of Shares that may be awarded to the Participant. Prior
to the payment of any Stock Bonus, the Committee shall determine the extent to
which such Stock Bonuses have been earned. Performance Periods may overlap and
Participants may participate simultaneously with respect to Stock Bonuses that
are subject to different Performance Periods and different performance goals and
other criteria. The number of Shares may be fixed or may vary in accordance with
such performance goals and criteria as may be determined by the Committee. The
Committee may adjust the performance goals applicable to the Stock Bonuses to
take into account changes in law and accounting or tax rules and to make such
adjustments as the Committee deems necessary or appropriate to reflect the
impact of extraordinary or unusual items, events or circumstances to avoid
windfalls or hardships.

<PAGE>

      8.3 Form of Payment. The earned portion of a Stock Bonus may be paid to
the Participant by the Company either currently or on a deferred basis, with
such interest or dividend equivalent, if any, as the Committee may determine.
Payment of an interest or dividend equivalent (if any) may be made in the form
of cash or whole Shares or a combination thereof, either in a lump sum payment
or in installments, all as the Committee will determine.

      9. PAYMENT FOR SHARE PURCHASES.

      Payment for Shares purchased pursuant to this Plan may be made in cash (by
check) or, where expressly approved for the Participant by the Committee and
where permitted by law:

            (a) by cancellation of indebtedness of the Company to the
Participant;

            (b) by surrender of shares that either: (1) have been owned by the
Participant for more than six (6) months and have been paid for within the
meaning of SEC Rule 144; or (2) were obtained by the Participant in the public
market;

<PAGE>

            (c) by waiver of compensation due or accrued to the Participant for
services rendered;

            (d) with respect only to purchases upon exercise of an Option, and
provided that a public market for the Company's stock exists:

      (1) through a "same day sale" commitment from the Participant and a
broker-dealer that is a member of the National Association of Securities Dealers
(an "NASD Dealer") whereby the Participant irrevocably elects to exercise the
Option and to sell a portion of the Shares so purchased to pay for the Exercise
Price, and whereby the NASD Dealer irrevocably commits upon receipt of such
Shares to forward the Exercise Price directly to the Company; or

      (2) through a "margin" commitment from the Participant and a NASD Dealer
whereby the Participant irrevocably elects to exercise the Option and to pledge
the Shares so purchased to the NASD Dealer in a margin account as security for a
loan from the NASD Dealer in the amount of the Exercise Price, and whereby the
NASD Dealer irrevocably commits upon receipt of such Shares to forward the
Exercise Price directly to the Company; or

            (e) by any combination of the foregoing.

      10. WITHHOLDING TAXES.

      10.1 Withholding Generally. Whenever Shares are to be issued in
satisfaction of Awards granted under this Plan, the Company may require the
Participant to remit to the Company an amount sufficient to satisfy federal,
state and local withholding tax requirements prior to the delivery of any
certificate or certificates for such Shares. Whenever, under this Plan, payments
in satisfaction of Awards are to be made in cash, such payment will be net of an
amount sufficient to satisfy federal, state, and local withholding tax
requirements.

<PAGE>

      10.2 Stock Withholding. When, under applicable tax laws, a participant
incurs tax liability in connection with the exercise or vesting of any Award
that is subject to tax withholding and the Participant is obligated to pay the
Company the amount required to be withheld, the Committee may allow the
Participant to satisfy the minimum withholding tax obligation by electing to
have the Company withhold from the Shares to be issued that number of Shares
having a Fair Market Value equal to the minimum amount required to be withheld,
determined on the date that the amount of tax to be withheld is to be
determined. All elections by a Participant to have Shares withheld for this
purpose will be made in accordance with the requirements established by the
Committee and will be in writing in a form acceptable to the Committee.

      11. PRIVILEGES OF STOCK OWNERSHIP.

      11.1 Voting and Dividends. No Participant will have any of the rights of a
stockholder with respect to any Shares until the Shares are issued to the
Participant. After Shares are issued to the Participant, the Participant will be
a stockholder and will have all the rights of a stockholder with respect to such
Shares, including the right to vote and receive all dividends or other
distributions made or paid with respect to such Shares; provided, that if such
Shares are issued pursuant to a Stock Award with restrictions, then any new,
additional or different securities the Participant may become entitled to
receive with respect to such Shares by virtue of a stock dividend, stock split
or any other change in the corporate or capital structure of the Company will be
subject to the same restrictions as the Stock Award; provided, further, that the
Participant will have no right to retain such stock dividends or stock
distributions with respect to Shares that are repurchased at the Participant's
Purchase Price or Exercise Price pursuant to Section 13.

      11.2 Financial Statements. The Company will provide financial statements
to each Participant prior to such Participant's purchase of Shares under this
Plan, and to each Participant annually during the period such Participant has
Awards outstanding; provided, however, the Company will not be required to
provide such financial statements to Participants whose services in connection
with the Company assure them access to equivalent information.

<PAGE>

      12. NON-TRANSFERABILITY.

      Awards of Shares granted under this Plan, and any interest therein, will
not be transferable or assignable by the Participant, and may not be made
subject to execution, attachment or similar process, other than by will or by
the laws of descent and distribution. Awards of Options granted under this Plan,
and any interest therein, will not be transferable or assignable by the
Participant, and may not be made subject to execution, attachment or similar
process, other than by will or by the laws of descent and distribution, by
instrument to an inter vivos or testamentary trust in which the options are to
be passed to beneficiaries upon the death of the trustor, or by gift to
"immediate family" as that term is defined in 17 C.F.R. 240.16a-1(e). During the
lifetime of the Participant an Award will be exercisable only by the
Participant. During the lifetime of the Participant, any elections with respect
to an Award may be made only by the Participant unless otherwise determined by
the Committee and set forth in the Award Agreement with respect to Awards that
are not ISOs.

      13. REPURCHASE RIGHTS.

      At the discretion of the Committee, the Company may reserve to itself
and/or its assignee(s) in the Award Agreement a right to repurchase a portion of
or all of the unvested Shares held by a Participant following such Participant's
Termination Date. Such repurchase by the Company shall be for cash and/or
cancellation of purchase money indebtedness and the price per share shall be the
Participant's Exercise Price or Purchase Price, as applicable.

      14. CERTIFICATES.

      All certificates for Shares or other securities delivered under this Plan
will be subject to such stop transfer orders, legends and other restrictions as
the Committee may deem necessary or advisable, including restrictions under any
applicable federal, state or foreign securities law, or any rules, regulations
and other requirements of the SEC or any stock exchange or automated quotation
system upon which the Shares may be listed or quoted.

<PAGE>

      15. ESCROW; PLEDGE OF SHARES.

      To enforce any restrictions on a Participant's Shares, the Committee may
require the Participant to deposit all certificates representing Shares,
together with stock powers or other instruments of transfer approved by the
Committee appropriately endorsed in blank, with the Company or an agent
designated by the Company to hold in escrow until such restrictions have lapsed
or terminated, and the Committee may cause a legend or legends referencing such
restrictions to be placed on the certificates.

      16. EXCHANGE AND BUYOUT OF AWARDS.

      The Committee may, at any time or from time to time, authorize the
Company, with the consent of the respective Participants, to issue new Awards in
exchange for the surrender and cancellation of any or all outstanding Awards.
The Committee may at any time buy from a Participant an Award previously granted
with payment in cash, Shares or other consideration, based on such terms and
conditions as the Committee and the Participant may agree.

      17. SECURITIES LAW AND OTHER REGULATORY COMPLIANCE.

      An Award will not be effective unless such Award is in compliance with all
applicable federal and state securities laws, rules and regulations of any
governmental body, and the requirements of any stock exchange or automated
quotation system upon which the Shares may then be listed or quoted, as they are
in effect on the date of grant of the Award and also on the date of exercise or
other issuance. Notwithstanding any other provision in this Plan, the Company
will have no obligation to issue or deliver certificates for Shares under this
Plan prior to: (a) obtaining any approvals from governmental agencies that the
Company determines are necessary or advisable; and/or (b) completion of any
registration or other qualification of such Shares under any state or federal
law or ruling of any governmental body that the Company determines to be
necessary or advisable. The Company will be under no obligation to register the
Shares with the SEC or to effect compliance with the registration, qualification
or listing requirements of any state securities laws, stock exchange or
automated quotation system, and the Company will have no liability for any
inability or failure to do so.

<PAGE>

      18. NO OBLIGATION TO EMPLOY.

      Nothing in this Plan or any Award granted under this Plan will confer or
be deemed to confer on any Participant any right to continue in the employ of,
or to continue any other relationship with, the Company or any Parent or
Subsidiary of the Company or limit in any way the right of the Company or any
Parent or Subsidiary of the Company to terminate Participant's employment or
other relationship at any time, with or without cause.

      19. CORPORATE TRANSACTIONS.

      19.1 Assumption or Replacement of Awards by Successor. In the event of (a)
a dissolution or liquidation of the Company, (b) a merger or consolidation in
which the Company is not the surviving corporation (other than a merger or
consolidation with a wholly-owned subsidiary, a reincorporation of the Company
in a different jurisdiction, or other transaction in which there is no
substantial change in the stockholders of the Company or their relative stock
holdings and the Awards granted under this Plan are assumed, converted or
replaced by the successor corporation, which assumption will be binding on all
Participants), (c) a merger in which the Company is the surviving corporation
but after which the stockholders of the Company immediately prior to such merger
(other than any stockholder that merges, or which owns or controls another
corporation that merges, with the Company in such merger) cease to own their
shares or other equity interest in the Company, (d) the sale of substantially
all of the assets of the Company, or (e) the acquisition, sale, or transfer of
more than 50% of the outstanding shares of the Company by tender offer or
similar transaction, any or all outstanding Awards may be assumed, converted or
replaced by the successor corporation (if any), which assumption, conversion or
replacement will be binding on all Participants. In the alternative, the
successor corporation may substitute equivalent Awards or provide substantially
similar consideration to Participants as was provided to stockholders (after
taking into account the existing provisions of the Awards). The successor
corporation may also issue, in place of outstanding Shares of the Company held
by the Participant, substantially similar shares or other property subject to
repurchase restrictions no less favorable to the Participant. In the event such
successor corporation (if any) refuses to assume or substitute Awards, as
provided above, pursuant to a transaction described in this Subsection 19.1, (i)
the vesting of any or all Awards granted pursuant to this Plan will accelerate
upon a transaction described in this Section 19 and (ii) any or all Options
granted pursuant to this Plan will become exercisable in full prior to the
consummation of such event at such time and on such conditions as the Committee
determines. If such Options are not exercised prior to the consummation of the
corporate transaction, they shall terminate at such time as determined by the
Committee.

<PAGE>

      19.2 Other Treatment of Awards. Subject to any greater rights granted to
Participants under the foregoing provisions of this Section 19, in the event of
the occurrence of any transaction described in Section 19.1, any outstanding
Awards will be treated as provided in the applicable agreement or plan of
merger, consolidation, dissolution, liquidation, or sale of assets.

      19.3 Assumption of Awards by the Company. The Company, from time to time,
also may substitute or assume outstanding awards granted by another company,
whether in connection with an acquisition of such other company or otherwise, by
either; (a) granting an Award under this Plan in substitution of such other
company's award; or (b) assuming such award as if it had been granted under this
Plan if the terms of such assumed award could be applied to an Award granted
under this Plan. Such substitution or assumption will be permissible if the
holder of the substituted or assumed award would have been eligible to be
granted an Award under this Plan if the other company had applied the rules of
this Plan to such grant. In the event the Company assumes an award granted by
another company, the terms and conditions of such award will remain unchanged
(except that the exercise price and the number and nature of Shares issuable
upon exercise of any such option will be adjusted appropriately pursuant to
Section 424(a) of the Code). In the event the Company elects to grant a new
Option rather than assuming an existing option, such new Option may be granted
with a similarly adjusted Exercise Price.

<PAGE>

      20. ADOPTION AND STOCKHOLDER APPROVAL.

      This Plan will become effective on the date on which it is adopted by the
Board (the "Effective Date"). Upon the Effective Date, the Committee may grant
Awards pursuant to this Plan. The Company intends to seek stockholder approval
of the Plan within twelve (12) months after the date this Plan is adopted by the
Board; provided, however, if the Company fails to obtain stockholder approval of
the Plan during such 12-month period, pursuant to Section 422 of the Code, any
Option granted as an ISO at any time under the Plan will not qualify as an ISO
within the meaning of the Code and will be deemed to be an NQSO.

      21. TERM OF PLAN/GOVERNING LAW.

      Unless earlier terminated as provided herein, this Plan will terminate ten
(10) years from the date this Plan is adopted by the Board or, if earlier, the
date of stockholder approval. This Plan and all agreements thereunder shall be
governed by and construed in accordance with the laws of the State of
California.

      22. AMENDMENT OR TERMINATION OF PLAN.

      The Board may at any time terminate or amend this Plan in any respect,
including without limitation amendment of any form of Award Agreement or
instrument to be executed pursuant to this Plan; provided, however, that the
Board will not, without the approval of the stockholders of the Company, amend
this Plan in any manner that requires such stockholder approval.

<PAGE>

      23. NONEXCLUSIVITY OF THE PLAN.

      Neither the adoption of this Plan by the Board, the submission of this
Plan to the stockholders of the Company for approval, nor any provision of this
Plan will be construed as creating any limitations on the power of the Board to
adopt such additional compensation arrangements as it may deem desirable,
including, without limitation, the granting of stock options and bonuses
otherwise than under this Plan, and such arrangements may be either generally
applicable or applicable only in specific cases.

      24. ACTION BY COMMITTEE.

      Any action permitted or required to be taken by the Committee or any
decision or determination permitted or required to be made by the Committee
pursuant to this Plan shall be taken or made in the Committee's sole and
absolute discretion.

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