Document:

Exhibit 10.2

                           DIRECTOR STOCK OPTION PLAN

         1. Purposes and Authorized Shares. The purposes of the Director Stock
Option Plan (the "Plan") of Buyers United, Inc. are to attract, motivate and
retain eligible directors of the Company and to encourage directors to increase
their stock ownership in the Company. An aggregate number not to exceed
1,000,000 Shares of Common Stock (subject to adjustments contemplated by Section
4.3) may be delivered pursuant to this Plan. Such shares shall be authorized but
unissued shares of Common Stock or previously issued shares held as treasury
shares.

         2. Definitions. Whenever the following terms are used in this Plan they
shall have the meaning specified below unless the context clearly indicates to
the contrary:

         ACC Award Date means, for the Audit Committee Chairman, the date of the
meeting of the Board during the Year at which the Audit Committee and Audit
Committee Chairman are appointed to serve for the next 12-month period.

         Audit Committee means the audit committee of the Board as the same may
be constituted from time to time by resolution of the Board, and the Audit
Committee Chairman is the Director appointed by the Board as chairman of said
committee.

         Average Fair Market Value means the average of the Fair Market Values
of a share of Common Stock during the last 10 trading days preceding the
applicable Award Date.

         Board means the Board of Directors of the Company.

         Board Chairman means the Chairman of the Board.

         Chairman Award Date means, for the Board Chairman, the date of the
meeting of the Board at which the Board Chairman is appointed to serve for the
next 12-month period.

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

         Common Stock means the Common Stock of the Company, subject to
adjustment pursuant to Section 4.3.

         Committee means the Board or a Committee of the Board acting under
delegated authority from the Board.

         Company means Buyers United, Inc., a Delaware corporation, and its
successors and assigns.

         Conversion Price means the "Conversion Price" as that term is defined
and adjusted in accordance with the Certificate of Designation of Series B
Convertible Preferred Stock filed with the Secretary of State, state of
Delaware, on September 28, 2000.

         Director Award Date means March 1 of each Year.

         Director means a member of the Board.

         Effective Date means April 28, 2003.

         Exchange Act means the Securities Exchange Act of 1934, as amended from
time to time.

         Fair Market Value means on any date the average of the high and low
prices of the Common Stock on the Composite Tape, as published in the Western
Edition of The Wall Street Journal or otherwise reliably reported, of the
principal securities exchange or market on which the Common Stock is so listed,
admitted to trade, or quoted or, if there is no trading of the Common Stock on
such date, then the average of the high and low prices of the Common Stock as
quoted on such Composite Tape on the next preceding date on which there was
trading in such Shares. If the Common Stock is not so listed, admitted or
quoted, but is traded in the over-the-counter market, the average of the high
"bid" and high "asked" quotation of a share of Common Stock on such date as
reported on the OTC Bulletin Board.

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         Option Price means the price per share at which an option issued under
the Plan may be exercised to purchase one share of Common Stock, as adjusted
from time to time under Section 4.3.

         Plan means this Director Stock Option Plan of the Company.

         Year means each calendar year during the term of this Plan, commencing
with the year 2004.

         3. Participation. Each person serving as a Director on the Director
Award Date shall participate as a Director in the Plan; provided, that a
Director may, at his or her discretion, decline to participate in the Plan for
any given Year by giving written notice of such waiver to the Company on or
before the Director Award Date of that Year. The person appointed to serve as
the Board Chairman on the Chairman Award Date shall participate as such chairman
in the Plan; provided, that the Board Chairman may, at his or her discretion,
decline to participate in the Plan for any given Year by giving written notice
of such waiver to the Company on or before the Chairman Award Date of that Year.
The person appointed to serve as the Audit Committee Chairman on the ACC Award
Date shall participate as such chairman in the Plan; provided, that the Audit
Committee Chairman may, at his or her discretion, decline to participate in the
Plan for any given Year by giving written notice of such waiver to the Company
on or before the ACC Award Date of that Year.

         4. Options. Each Director participating in the Plan on the Director
Award Date shall be issued on that date an option to purchase 25,000 shares
(which number as stated in the Plan is subject to adjustment pursuant to Section
4.3) of Common Stock with an exercise price per share equal to the Average Fair
Market Value on that date, but in no event less than the Conversion Price. The
Board Chairman participating in the Plan on the Chairman Award Date shall be
issued on that date an option to purchase 15,000 shares (which number as stated
in the Plan is subject to adjustment pursuant to Section 4.3) of Common Stock
with an exercise price per share equal to the Average Fair Market Value on that
date, but in no event less than the Conversion Price. The Audit Committee
Chairman participating in the Plan on the ACC Award Date shall be issued on that
date an option to purchase 15,000 shares (which number as stated in the Plan is
subject to adjustment pursuant to Section 4.3) of Common Stock with an exercise
price per share equal to the Average Fair Market Value on that date, but in no
event less than the Conversion Price. The options granted shall have the
following additional terms.

         4.1 Option Term. Each option shall expire at the close of business on
the date that is five years from the date the option is issued.

         4.2 Limited Transferability. Each option shall be exercisable only by
the recipient during his or her lifetime and shall not be transferable or
assigned by the recipient other than by will or by the laws of descent and
distribution following the recipient's death; provided, that the option may be
transferred to a revocable trust of which the recipient is the trustor and
primary beneficiary.

         4.3. Adjustment in Shares and Options. The number of shares subject to
this Plan, the number of share options issued each Year under Section 4, the
shares purchasable under each outstanding option, and the Option Price are
subject to adjustment from time to time as set forth below.

         (a) Split. In the event the Company should at any time or from time to
time fix a record date for the effectuation of a split or subdivision of the
outstanding shares of Common Stock or the determination of holders of Common
Stock entitled to receive a dividend or other distribution payable in additional
shares of Common Stock or other securities or rights convertible into, or
entitling the holder thereof to receive directly or indirectly, additional
shares of Common Stock (hereinafter referred to as "Common Stock Equivalents")
without payment of any consideration by such holder for the additional shares of
Common Stock or the Common Stock Equivalents (including the additional shares of
Common Stock issuable upon conversion or exercise thereof), then, as of such
record date (or the date of such dividend distribution, split or subdivision if
no record date is fixed), the number of shares subject to this Plan, the number
of share options issued each Year under Section 4, and the number of shares
purchasable under each outstanding option will be appropriately increased in
proportion to such increase in the aggregate of shares of Common Stock
outstanding and those issuable with respect to such Common Stock Equivalents.

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         (b) Combination. If the number of shares of Common Stock outstanding at
any time is decreased by a combination of the outstanding shares of Common
Stock, then, following the record date of such combination, the number of shares
subject to this Plan, the number of share options issued each Year under Section
4, and the number of shares purchasable under each outstanding option will be
appropriately decreased in proportion to such decrease in outstanding shares.

         (c) Option Price Adjustment. Whenever there is an adjustment in the
number of the number of shares purchasable under each outstanding option
pursuant to the provisions of Sections 4.3(a) or (b), the Option Price shall be
adjusted to an amount arrived at by multiplying the Option Price in effect
immediately prior to such adjustment in the number of shares by a fraction, the
numerator of which shall be the number of shares purchasable upon the exercise
of the option immediately before such adjustment and the denominator of which
shall be the number of shares purchasable upon the exercise of the option
immediately after such adjustment.

         (d) Recapitalization. If at any time or from time to time there shall
be a recapitalization of the Common Stock (other than a subdivision, combination
or merger or sale of assets transaction provided for elsewhere in this Section
4.3) provision shall be made so that the holders of option issued under the Plan
shall thereafter be entitled to receive upon exercise of their options the
number of shares of stock or other securities or property of the Company or
otherwise, to which the holders would have been entitled on such
recapitalization assuming each had exercised his or her option immediately prior
thereto. In any such case, appropriate adjustment shall be made in the
application of the provisions of this Section 4.3 with respect to the rights of
the holder of this warrant after the recapitalization to the end that the
provisions of this Section 4.3 (including adjustment of the Option Price then in
effect and the number of shares issuable upon exercise) shall be applicable
after that event as nearly equivalent as may be practicable.

         (e) Consolidation or Merger. If the Company shall consolidate with or
merge into another corporation or shall sell, lease, or convey to another
corporation the assets of the Company as an entity or substantially as an entity
(any one or more of such transactions being a "Corporate Transaction") provision
shall be made so that the holders of options shall thereafter be entitled to
receive upon exercise of their options the number of shares of stock or other
securities or property of the Company or otherwise, to which the holders would
have been entitled to receive in such Corporate Transaction assuming they
exercised their options immediately prior thereto. In any such case, appropriate
adjustment shall be made in the application of the provisions of this Section
4.3 with respect to the rights of the holders of this options after the
Corporate Transaction to the end that the provisions of this Section 4.3
(including adjustment of the Option Price then in effect and the number of
shares issuable upon exercise) shall be applicable after that event as nearly
equivalent as may be practicable.

         4.4 Manner of Exercising Option. In order to exercise an option with
respect to all or any part of the shares for which this option is at the time
exercisable, the recipient (or in the case of exercise after recipient's death,
recipient's executor, administrator, trustee, heir or legatee, as the case may
be) must take the following actions:

         (a) Notice and Payment. Deliver to the Corporate Secretary of the
Company an executed notice of exercise in the form adopted from time to time by
the Company (the "Exercise Notice") in which there is specified the number of
shares that are to be purchased under the exercised option, and pay the
aggregate Option Price for the purchased shares through one or more of the
following alternatives:

                  (1) full payment in cash or by check made payable to the
Company's order;

                  (2) full payment in shares of Common Stock held for the
requisite period necessary to avoid a charge to the Company's earnings for
financial reporting purposes and valued at the Average Fair Market Value as of
the date the Exercise Notice is delivered to the Company; or

                  (3) full payment through a combination of shares of Common
Stock held for the requisite period necessary to avoid a charge to the Company's
earnings for financial reporting purposes and valued at the Average Fair Market
Value as of the date the Exercise Notice is delivered to the Company and cash or
check payable to the Company's order.

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<PAGE>

         (b) Delivery. As soon as practical after receipt of the Exercise
Notice, the Company shall mail or deliver to or on behalf of the person or
persons exercising the option a certificate or certificates representing the
purchased shares.

         (c) Fractional Share. In no event may this option be exercised for any
fractional share.

         4.5. Compliance with Laws and Regulations. The exercise of options and
the issuance of shares upon such exercise shall be subject to compliance by the
Company and the holders of the options with all applicable requirements of law
relating thereto and with all applicable regulations of any securities exchange
on which shares of the Company's Common Stock may be listed at the time of such
exercise and issuance. Any securities delivered under this Plan shall be subject
to prior registration or such restrictions as the Company may deem necessary or
desirable to assure compliance with all applicable legal requirements, and the
person acquiring such securities shall, if requested by the Company, provide
such assurances and representations to the Company as it may reasonably request
to assure such compliance.

         4.6. Liability of Company. The inability of the Company to obtain
approval from any regulatory body having authority deemed by the Company to be
necessary to the lawful issuance and sale of any Common Stock pursuant to an
option issued under the Plan shall relieve the Company of any liability with
respect to the non-issuance or sale of the Common Stock as to which such
approval shall not have been obtained. The Company shall use its best efforts to
obtain all such approvals.

         4.7. Notices. Any notice required to be given or delivered to the
Company under the terms of options issued under the Plan shall be in writing and
addressed to the Company in care of the Company Secretary at the Company's
principal offices at 14870 Pony Express Road, Bluffdale, UT 84065. Any notice
required to be given or delivered to holders of the options shall be in writing
and addressed to him or her at the address listed in the books and records of
the Company. All notices shall be deemed to have been given or delivered upon
personal delivery or upon deposit in the U. S. Mail, by registered or certified
mail, postage prepaid and properly addressed to the party to be notified.

         4.8. Non-Statutory Stock Option. All option issued under the Plan are
non-statutory stock options and each recipient shall make appropriate
arrangements with the Company for the satisfaction of all Federal, state or
local income and employment tax withholding requirements applicable to the
exercise of his or her option.

         5. Administration

         5.1 The Administrator. The Administrator of this Plan shall be the
Board as a whole or a Committee as appointed from time to time by the Board to
serve as administrator of this Plan. The participating members of any Committee
so acting shall include, as to decisions in respect of participants who are
subject to Section 16 of the Exchange Act, only those members who are
Non-Employee Directors (as defined in Rule 16b-3 promulgated under the Exchange
Act). Members of the Committee shall not receive any additional compensation for
administration of this Plan.

         5.2 Committee Action. A member of the Committee shall not vote or act
upon any matter which relates solely to himself or herself as a participant in
this Plan. Action of the Committee with respect to the administration of this
Plan shall be taken pursuant to a majority vote or (assuming compliance with
Section 5.1) by unanimous written consent of its members.

         5.3 Rights and Duties; Delegation and Reliance; Decisions Binding.
Subject to the limitations of this Plan, the Committee shall be charged with the
general administration of this Plan and the responsibility for carrying out its
provisions, and shall have powers necessary to accomplish those purposes,
including, but not by way of limitation, the following:

                  (1) To construe and interpret this Plan;

                  (2) To make all other determinations required by this Plan;

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<PAGE>

                  (3) To maintain all the necessary records for the
administration of this Plan; and

                  (4) To make and publish forms, rules and procedures for
administration of the Plan.

         The determination of the Committee made in good faith as to any
disputed question or controversy and the Committee's determination, including
decisions as to adjustments under Section 4.3, shall be conclusive and binding
for all purposes of this Plan. In performing its duties, the Committee shall be
entitled to rely on information, opinions, reports or statements prepared or
presented by: (i) officers or employees of the Company whom the Committee
believes to be reliable and competent as to such matters; and (ii) counsel (who
may be employees of the Company), independent accountants and other persons as
to matters which the Committee believes to be within such persons' professional
or expert competence. The Committee shall be fully protected with respect to any
action taken or omitted by it in good faith pursuant to the advice of such
persons. The Committee may delegate ministerial, bookkeeping and other
non-discretionary functions to individuals who are officers or employees of the
Company.

         6. Plan Changes and Termination

         6.1 Amendments. Subject to Section 8.9, the Board shall have the right
to amend this Plan in whole or in part from time to time or may at any time
suspend or terminate this Plan; provided, however, that, except as contemplated
by Section 4.3, no amendment or termination shall cancel or otherwise adversely
affect in any way, without his or her written consent, any holder's rights with
respect to then outstanding options; provided further, that no amendment shall
increase the number of authorized shares under Section 1 or expand the class of
eligible individuals to include employees unless the Company's shareholders
approve the amendment. Any amendments authorized hereby shall be stated in an
instrument in writing, and all persons participating in this Plan shall be bound
thereby upon receipt of notice of the amendment.

         6.2 Term. It is the current expectation of the Company that this Plan
shall continue indefinitely, subject to the number of shares available for
issuance under this Plan. Continuance of this Plan, however, is not assumed as a
contractual obligation of the Company. If the Board decides to discontinue or
terminate this Plan, it shall notify the Committee and participants in this Plan
of its action in writing, and this Plan shall be terminated at the time set
forth on the notice. No benefits shall accrue in respect of options after a
discontinuance or termination of this Plan.

         7. Miscellaneous

         7.1 Governing Law; Severability. The validity of this Plan or any of
its provisions shall be construed, administered and governed in all respects
under the laws of the State of Delaware. If any provisions of this Plan shall be
held by a court of competent jurisdiction to be invalid or unenforceable, the
remaining provisions hereof shall continue to be fully effective.

         7.2 Plan Construction. It is the intent of the Company that
transactions pursuant to this Plan satisfy and be interpreted in a manner that
satisfies the applicable conditions for exemption under Rule 16b-3 promulgated
under the Exchange Act ("Rule 16b-3") so that to the extent consistent therewith
the distribution of options and shares hereunder will be entitled to the
benefits of Rule16b-3 or other exemptive rules under Section 16 of the Exchange
Act and will not be subjected to avoidable liability there under.

         7.3 Headings Not Part of Plan. Headings and subheadings in this Plan
are inserted for reference only and are not to be considered in the construction
of the provisions hereof.

         7.4 Shareholder Approval. The Plan shall be subject to approval by the
Company's shareholders. To the extent required under applicable law or listing
agency rules or deemed necessary or advisable by the Board, any amendment to the
Plan shall be subject to shareholder approval.

                                       5Exhibit 10

Exhibit 10.1

RiT TECHNOLOGIES AND KRONE TO FORM STRATEGIC ALLIANCE

Companies to Market RiT’s PatchViewTM in conjunction with Krone's PremisNET®Solution

Tel-Aviv, Israel  and Denver, Colorado – May 18th, 2004 — Krone, a global leader in structured cabling, and RiT Technologies Ltd. (NASDAQ: RITT), the pioneer of Intelligent Physical Layer Management Solutions (IPLMS), announced today that the two companies have established a strategic alliance in order to jointly bring to market an IPLMS solution based on Krone’s structured cabling system and RiT’s PatchView IPLMS.

“Increasingly, end-user organizations are looking to reduce the long-term cost of network ownership, due to poor manual records and the ongoing cost of moves and changes with consequential unplanned and accidental downtime,” observed Ron Lowy, CEO of Krone. “By combining the quality and reliability of Krone’s  structured cabling products with the field proven intelligent physical layer management system based on RiT technology as well as our World First CopperTen UTP 10 Gigabit system, we will give Krone customers an unrivalled total physical layer solution.” 

“We are proud that Krone has joined the growing number of industry leaders who have recognized the value of the PatchView solution and our experience in this field,” said Liam Galin, President and CEO of RiT. “Krone, and RiT are natural partners; both have identified the importance of the physical layer as the foundation of today’s sophisticated networks for both carrier and enterprise customers. Intelligent Physical Layer Management Solutions are becoming more and more mainstream in the IT world. Krone is a global leader in structured cabling and network connectivity and we look forward to working with them closely to service their customers.”

 

The two companies will jointly bring to market a complete solution that offers medium to large enterprises the ability to reduce the total cost of network ownership and extract maximum benefits within tight operating budgets. By accurately monitoring the connectivity of the entire network in real-time, the solution enables efficient planning, implementation and documentation of daily network operations, which translates into improved control, efficiency, utilization of network resources and security. 

About Krone

With an installed base of over 10 billion fault-free connections throughout the world, Krone is a global leader in infrastructure cabling and connectivity solutions for datacoms and telecoms networks.

From its beginnings in Berlin 76 years ago (1928), Krone has expanded to become a truly global company with 11 manufacturing sites, 23 subsidiaries, 36 international business units and 80 distributors - which specify and deliver Krone  solutions throughout 175 countries to virtually every major PTT, to the Pentagon, the UK Houses of Parliament, airports such as Heathrow and Hong Kong, and thousands of other landmark sites.

On March 25th 2004 ADC Telecommunications reached an agreement with Gentek Inc. to acquire the Krone Group. The acquisition of Krone is a major step in transforming the company into the global leader in providing network infrastructure solutions.

About RiT Technologies

RiT Technologies pioneered the development of intelligent physical layer solutions, designed to provide superior control, utilization and maintenance of networks. RiT's innovative solutions help Enterprise and Carrier customers capitalize on network investments and reduce cost of ownership.

With a global sales network spanning 60 countries, and over 2.5 million managed ports installed, RiT's key customers include many FORTUNE 500 companies such as major financial institutions, corporations and global telecommunications companies like: Deutsche Telekom, TELMEX, TELENOR, The New York Mercantile Exchange (NYMEX), ING Barings, INVESCO, DIAGEO, Daewoo, and Reuters.

For more information, please visit our website: www.rittech.com

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: 

This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company’s filings with the Securities Exchange Commission.

RiT INTRODUCES PAIRVIEW PROTM TO FACILITATE CARRIERS EFFORTS TO IDENTIFY AND MAP DIGITAL LINES

First Local Loop Mass-Verification System Maximizes Network Utilization of Digital Lines 

Increases Scanning Speed By 30% 

Tel Aviv, Israel - May 25, 2004 - RiT Technologies (NASDAQ: RITT), the pioneer of intelligent physical layer solutions, today launched PairView Pro the first Local Loop Mass Verification system that can identify and map the digital services (e.g., xDSL, ISDN) carried on a telephone line. 

Based on the industry-leading PairViewTM system, the new solution, like its predecessor, gathers information about the line’s telephone number, type, connectivity status, electrical characteristics, and routing, unobtrusively from active and inactive pairs. This produces a reliable database, which serves as a platform for more accurate billing, efficient maintenance, and effective network management. 

PairViewTM Pro improves on its predecessor by providing a 30% increase in the scanning speed and an improved Graphical User Interface to provide carriers with higher technician efficiency and an even faster return on their investment

“PairView Pro was designed to address today’s focus on digital services and the need for an even faster ROI,” said Liam Galin, President and CEO of RiT Technologies. “It is the first local loop mass-verification system that can fully map and qualify lines carrying ISDN, xDSL, and other digital offerings – lines that now account for more than 30% of a typical operator’s services. In addition, by ramping the system’s scanning speed, we have made it an even more cost-effective tool for reducing maintenance and provisioning expenses.” 

Mr. Galin continued, “Indeed, one of our customers is already taking advantage of this exciting new feature to monitor the lines they have leased to other operators, assuring that all their contract agreements are being upheld.” 

PairView Pro is a proven, total solution for mass verification of the local loop records and cleansing of the Outside Plant Database. First introduced in 1996, hundreds of PairViewTM systems are now in use worldwide, delivering a rapid return on investment based on “recovered” copper pairs, streamlined provisioning and maintenance processes, and improved long-term planning. Designed for large-scale record verification, PairView Pro simultaneously scans Main Distribution Frames (MDFs) and Street Cabinets, un-intrusively identifying and analyzing all active and inactive pairs. The system then automatically compares the results with existing information, and reports all discrepancies.

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