Document:

EXHIBIT 10.3

AGREEMENT (the "Agreement") dated as of November 22, 1999 by and among
INVESTAMERICA, INC., a Nevada corporation ("INVT"), OAKBAY TRADING LIMITED
(a BVI corporation to be re-named Optica Communications Group Inc., and
which shall hereinafter be referred to as "Optica"), and the shareholders
of Optica (collectively referred to herein as the "Optica Shareholders")

WHEREAS The Board of Directors of INVT and the Board of Directors of Optica
and the Optica Shareholders, respectively, deem it advisable and in the best
interests of INVT and Optica, and their respective shareholders that INVT
acquire Optica in exchange for a controlling interest in INVT upon the terms
and subject to the conditions of this Agreement.

Accordingly, the parties hereto hereby agree as follows:

1.	DEFINITIONS

1.1	Defined Terms. As used in this Agreement, the following terms have
the following meanings:

(a)	"Agreement": this Agreement, as amended, supplemented or otherwise
modified from time to time.

(b)	"Capital Stock": any and all shares, interests, participations or other
equivalents (however designated) of capital stock of a corporation, and
any and all equivalent ownership interests in a partnership or other
Person (other than a corporation).

(c)	"Closing": has the meaning set forth in Section 2.1.

(d)	"Contractual Obligation": as to any Person, any provision of any
agreement, instrument or other undertaking to which such Person is a
party or by which it or any of its property is bound.

(e)	"Convertible Securities": options, warrants, subscriptions or other
commitments or rights of any nature to purchase, or securities
convertible into or exchangeable for, Capital Stock.

(f)	"Exchange Act": the Securities Exchange Act of 1934, as amended from
time to time, and the regulations and rulings issued thereunder.

(g)	"Governmental Authority": any nation or government, any state or other
political subdivision thereof and any federal, state, county, local or
foreign entity or body exercising executive, legislative, judicial,
regulatory or administrative functions of or pertaining to government.

(h)	"INVT Common Shares": shares of voting Common Stock, par value $.001 per
share, of INVT.

(i)	"INVT Preferred Shares": 450,000 shares of Preferred Stock, par value
$.001 per share, of INVT, to be issued on Closing, each having attached
thereto the right of conversion into 185 INVT Common Shares.

(j)	"Lien": any mortgage, pledge, hypothecation, assignment, deposit
arrangement, encumbrance, lien (statutory or other), or preference,
priority or other security interest or agreement or preferential
arrangement of any kind or nature whatsoever (including, without
limitation, any conditional sale or other title retention agreement, any
financing lease having substantially the same economic effect as any of
the foregoing, and the filing of any financial statement under the
Uniform Commercial Code or comparable law of any jurisdiction in respect
of any of the foregoing).

(k)	"Optica Common Shares": shares of voting Common Stock without par value
of Optica.

(l)	"Person": an individual, partnership, corporation, business trust, joint
stock company, trust, unincorporated association, joint venture,
Governmental Authority or other entity of whatever nature.

(m)	"Requirement of Law": as to any Person, any law, treaty, rule or
regulation or determination of an arbitrator or a court or other
Governmental Authority, in each case applicable to or binding upon such
Person or any of its property or to which such Person or any of its
property is subject.

(n)	"SEC": the Securities and Exchange Commission.

(o)	"Securities Act": the Securities Act of 1933, as amended, and the rules
and regulations thereunder.

1.2	Other Definitional Provisions; Interpretation.

(a)	Unless otherwise specified therein, all terms defined in this Agreement
shall have the defined meanings when used in any certificate or other
agreement, instrument or document made or delivered pursuant hereto.

(b)	The words "hereof", "herein" and "hereunder" and words of similar import
when used in this Agreement shall refer to this Agreement as a whole and
not to any particular provision of this Agreement, and Section and
Schedule references are to this Agreement unless otherwise specified.
(c)	The headings in this Agreement are included for conveniences of
reference only and shall not in any way affect the meaning or
interpretation of this Agreement.

(d)	The meanings given to terms defined herein shall be equally applicable
to both the singular and plural forms of such terms.

2.	THE ACQUISITION

2.1	Closing.   The acquisition described herein shall be consummated at a
closing (the Closing) to take place at the Offices of INVT or at such other
place as may be agreed by the parties.  The Closing shall take place on
November 22, 1999 or as soon as practicable thereafter.

2.2	Transfer of Optica Common Shares.  Subject to the terms and conditions
of this Agreement, at the Closing the Optica Shareholders will transfer all of
the issued and outstanding Optica Common Shares (being 45,000 Common Shares)
to INVT in exchange for 450,000 INVT Preferred Shares such that each Optica
Shareholder shall receive 10 INVT Preferred Shares for each Optica Common
Share held by it.

3.	CONVERSION OF INVT PREFERRED SHARES INTO INVT COMMON SHARES

3.1	Conversion Right.  On Closing, each INVT Preferred Share shall be
convertible into 185 INVT Common Shares.

3.2  Procedure for Exercise of Conversion Right.  The Conversion Right
shall be exercisable at any time following Closing and may be exercised
in respect of all or part of the INVT Preferred Shares.  The holder of
INVT Preferred Shares wishing to exercise its Conversion Right shall
deliver to INVT written notice of such exercise indicating the number
of INVT Preferred Shares that it wishes to convert, together with stock
certificates, duly endorsed, representing such INVT Preferred Shares.
Upon delivery of such notice and surrender of such stock certificate,
new stock certificates representing INVT Common Shares shall be issued
to the holder within ten (10) days.

3.3	No Fractional Shares.  No certificates or scrip for fractional INVT
Common Shares will be issued pursuant to the Conversion Right.  Fractional
INVT Common Shares that would otherwise be issuable shall be rounded upward or
downward to the nearest whole share (with fractions of .5 or higher being
rounded upward).

3.4 Adjustments Upon Changes in Capitalization.  Subject and pursuant to the
provisions of this Section 3.4, the number of INVT Common Shares subject
to the Conversion Right shall be subject to adjustment from time to time
as set forth hereinafter:

3.4.1 If INVT shall at any time subdivide its outstanding shares of Stock by
recapitalization, reclassification or split-up thereof, or if INVT shall
declare a stock dividend or distribute INVT Common Shares to its
shareholders, the number of INVT Common Shares subject to the Conversion
Right immediately prior to such subdivision, stock dividend or
distribution shall be proportionately increased, and if INVT shall at
any time combine the outstanding INVT Common Shares by recapitalization,
reclassification or combination thereof, the number of INVT Common
Shares subject to the Conversion Right immediately prior to such
combination shall be proportionately decreased.  Any such adjustment
pursuant to this Section 3.4 shall be effective at the close of business
on the effective date of such subdivision of combination or, in the case
of any adjustment which is the result of a stock dividend or
distribution, the effective date for such adjustment shall be the record
date therefor.

3.4.2	In case of any reclassification of the outstanding shares of Stock,
other than a change covered by Section 3.4.1 hereof or which solely affects
the par value of INVT Common Shares, or in the case of any merger or
consolidation of INVT with or into another company (other than a merger or
consolidation in which INVT is the continuing company and which does not
result in any reclassification or capital reorganization of the outstanding
INVT Common Shares), or in the case of any sale or conveyance to another
company of the property of INVT as an entirety or substantially as an entirety
in connection with which INVT is dissolved, the holders of INVT Preferred
Shares shall have the right thereafter to receive upon the exercise of the
Conversion Right, for the same INVT Preferred Shares deliverable hereunder
immediately prior to such event, the kind and amount of shares of Capital
Stock or other property receivable upon such reclassification, capital
reorganization, merger or consolidation, or upon the dissolution following any
sale or other transfer, by a holder of the number of INVT Common Shares
obtainable upon exercise of the Conversion Right immediately prior to such
event; and if any reclassification also results in a change in INVT Common
Shares covered by Section 3.4.1, then such adjustment shall be made pursuant
to both Section 3.4.1 and this Section 3.4.2.  The provisions of this Section
3.4 shall similarly apply to any successive reclassification, capital
reorganization, merger, consolidation, sale or other similar transaction.

4.	REPRESENTATIONS AND WARRANTIES OF OPTICA

	Optica and the Optica Shareholders hereby represent and warrant to INVT
that, except as disclosed on any Schedule:

4.1	Organization of Optica.  Optica is a corporation duly organized, validly
existing and in good standing under the laws of BVI and has the corporate
power and lawful authority to own, lease and operate its assets, properties
and business and to carry on its businesses in all material respects as now
being conducted.

4.2	Authority.  Optica and the Optica Shareholders have all requisite power
and authority to execute, deliver and perform this Agreement and Optica has
taken all necessary corporate action to authorize the execution, delivery and
performance by it of this Agreement and to consummate the transactions
contemplated by this Agreement.  This Agreement (i) has been duly executed and
delivered by Optica and the Optica Shareholders, and (ii) constitutes legal,
valid and binding obligations of Optica and the Optica Shareholders
enforceable against Optica and the Optica Shareholders in accordance with its
terms, except as such enforceability may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting creditors'
rights generally or by principles governing the availability of equitable
remedies.

4.3	Capitalization.  Optica's authorized Capital Stock consists of
50,000,000 Optica Common Shares, of which 45,000 are issued and outstanding as
of the date of this Agreement.  Prior to Closing, no additional shares of
Optica Capital Stock or Convertible Securities to acquire Optica Capital Stock
may be issued.  No other class of Capital Stock of Optica is authorized or
outstanding.  All of the issued and outstanding Optica Common Shares are duly
authorized and are legally and validly issued, fully paid and nonassessable.

4.4	Optica Convertible Securities.  There are no outstanding Convertible
Securities to acquire any Capital Stock of Optica from Optica or from any of
the Optica Shareholders, except pursuant to the Conversion Right contemplated
by this Agreement.  No shares of Capital Stock of Optica are reserved or set
aside as treasury shares for any purpose and no shareholder of Optica has
preemptive rights.  There are no voting trusts or other agreements or
understanding with respect to the voting of shares of any class of Capital
Stock of Optica.

4.5	Subsidiaries.  Optica Communications Inc., a British Columbia
corporation, is a wholly owned subsidiary of Optica.  Optica has no other
subsidiaries and Optica is not a party to any partnership or joint venture
agreement or arrangement or owns any equity interest in any other corporation,
partnership or other entity.

4.6	Charter Documents.  Optica has made available to INVT true, correct and
complete copies of the corporate charter documents of Optica and its
subsidiary, Optica Communications Inc., and all amendments thereto as of the
date hereof (collectively the "Optica Charter Documents").

4.7	No Conflicts.  Neither the execution and delivery of this Agreement, nor
the consummation of any of the transactions contemplated hereby, conflict with
or will conflict with or has resulted or will result in the breach of or
violation of any of the terms or conditions of, or constitute (or, with notice
or lapse of time or both, would constitute) a default or result in the
acceleration of any material obligation of Optica under: (i) any Optica
Charter Documents; or (ii) any Requirement of Law or Contractual Obligation of
Optica and will not result in, or require, the creation of imposition of any
Lien on any of its assets, properties or revenues pursuant to any such
Requirement of Law or Contractual Obligation.

4.8	Permits.  Optica has all licenses, permits, orders, authorizations,
notifications and approvals of any Governmental Authority material to the
conduct of its business as presently conducted.

4.9	No Consents.  No consent, approval, order or authorization of, or
registration, declaration or filing with, any Governmental Authority or any
other Person is required in connection with the execution, delivery or
performance of this Agreement by Optica and the consummation by Optica of any
of the transactions contemplated hereby.

4.10	Litigation.  Optica is not a party to, nor, to its knowledge, threatened
with, any litigation or judicial, administrative or arbitration proceeding or
investigation.  There is no dispute with any Person under contract with Optica
which has a material adverse effect on Optica, or is reasonably likely to have
a material adverse effect on Optica.

4.11	Liabilities.  As at the date of this Agreement, Optica did not have any
material direct or indirect indebtedness or liabilities accrued, absolute, or
contingent (and likely of occurring) or otherwise, whether or not of a kind
required by United States Generally Accepted Accounting Principles to be set
forth, accrued, reserved for or reflected in a financial statement ("Optica
Liabilities"), except Optica Liabilities incurred in the ordinary course of
business or in connection with this Agreement.

4.12	Employee Benefit Plans.  There are no written or oral pension, profit
sharing, retirement, deferred compensation, stock purchase, stock option,
incentive compensation, bonus, vacation, severance, sickness or disability,
hospitalization, individual and group health and accident insurance,
individual and group life insurance or other material employee benefit plans,
programs, commitments or funding arrangements maintained by Optica, to which
Optica is a party, or under which Optica has any obligations, present or
future.

4.13	Potential Conflicts of Interest.  No officer, director or shareholder of
Optica:  (i)  owns, directly or indirectly, any interest in (excepting not
more than 5% stock holdings for investment purposes in securities of publicly
held and traded companies) or is an officer, director, employee or consultant
of any entity which is a competitor, lessor, lessee, customer or supplier of
Optica; (ii) has any interest, direct or indirect, in any material property or
assets of Optica (except in his capacity as a shareholder of Optica); (iii)
owns directly or indirectly, in whole or in part, any material copyright,
trademark, trade name, service mark, franchise,  patent, invention, permit,
license, secret or confidential information of the nature requiring a license
for use by Optica which Optica is using or the use of which is necessary for
the business of Optica; or

iv) has any material cause of action or other claim whatsoever against, or
owes any material amount to, Optica.

4.14	Opportunity to Investigate.  Each of the Optica Shareholders and Optica
(i)  has had an opportunity to ask questions concerning INVT and all such
questions posed have been answered to its satisfaction; (ii) has been given an
opportunity to obtain any additional information it deems necessary to verify
the accuracy of any information obtained concerning INVT; and (iii) has such
knowledge and experience in financial and business matters that it is able to
evaluate the merits and risks of entering into this Agreement and consummating
the transactions contemplated herein.

4.15	Accredited Investor.  Each of the Optica Shareholders is an "accredited
investor" as such term is defined in Regulation D under the Securities Act.

4.16	Investment Intent.  Each of the Optica Shareholders who exercises the
Conversion Right will acquire the INVT Common Shares thereunder for its own
account for the purpose of investment and not with a view to, or for sale in
connection with, the distribution thereof, and it will not acquire the INVT
Common Shares with the intention of distributing or selling such shares.  The
Optica Shareholders understand that the INVT Common Shares have not been
registered under the Securities Act, or the securities laws of any state or
other jurisdiction, and hereby agrees not to make any sale, transfer or other
dispositions off such INVT Common Shares unless either (i) such INVT Common
Shares have been registered under the Securities Act and all applicable state
and other securities laws and any such registration remains in effect or (ii)
registration is not required under the Securities Act or applicable state
securities laws with respect to such sale, transfer or other disposition.

4.17	Full Disclosure.  None of the information supplied or to be supplied by
Optica for inclusion in the documents to be prepared in connection with the
transactions contemplated by this Agreement including, without limitation, (i)
documents to be filed with the SEC, including the Registration Statement and
(ii) filings pursuant to any Sate securities and blue sky laws, will, in the
case of the Registration Statement (as defined in Section 6.6) at the time of
the mailing thereof, and in the case of other documents at the time such
documents are filed with any federal or state regulatory authority, contain or
will contain any untrue  statements of a material fact or omit to state any
material fact necessary in order to make the statements therein not misleading
(or, in the case of the Registration Statement, in order to make the
statements therein, in light of the circumstances under which they were made,
not misleading).

5.	REPRESENTATIONS AND WARRANTIES OF INVT.

INVT hereby represents and warrants to Optica and the Optica Shareholders
that, except as disclosed on any Schedule:

5.1	Organization of INVT.  INVT is a corporation duly organized, validly
existing and in good standing under the laws of the State of Nevada and has
the corporate power and lawful authority to own, lease and operate its asset,
properties and business and to carry on its business in all material respects
as now conducted.  INVT is publicly trading on the NASD-OTCBB Exchange under
the symbol INVT.

5.2	Authority.  INVT has all requisite corporate power and authority to
execute, deliver and perform this Agreement, and has taken all necessary
corporate action to authorize the execution, delivery and performance by it of
this Agreement, and to consummate the transactions contemplated by this
Agreement.  This Agreement has been executed and delivered by INVT and
constitutes legal, valid and binding obligations of INVT, enforceable against
INVT in accordance with its terms, except as such enforceability may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium or
similar laws affecting creditors' rights generally or by principles governing
the availability of  equitable remedies.

5.3	Capitalization.  On the date hereof, INVT's authorized Capital Stock
consists of  50,000,000 INVT Common Shares, of which 17,480,000 shares are
issued and outstanding as of the date hereof and 5,000,000  shares of
Preferred Stock, par value $.001 per share, none of which is outstanding.  On
Closing the number of issued and outstanding INVT Common Shares will not
exceed 20,480,000.  INVT has no treasury shares outstanding.  No other class
of Capital Stock of INVT is authorized or outstanding.  All of the issued and
outstanding INVT Common Shares are duly  authorized and are legally and
validly issued, fully paid and non-assessable.  The INVT Preferred Shares and
the INVT Common Shares issued puursuant to the Conversion Right will be
validly issued, fully paid, non-assessable shares free and clear of all Liens.

5.4	INVT Convertible Securities.  There are no outstanding Convertible
Securities to acquire any Capital Stock of INVT from INVT or, to INVT's
knowledge, from any of the shareholders of INVT except pursuant to the
Conversion Right contemplated by this Agreement; (b) no shares of Capital
Stock of INVT are reserved or set aside as treasury shares for any purpose and
no shareholder of INVT has preemptive rights; and (c) there are no voting
trusts or other agreements or understanding of which INVT has knowledge with
respect to the voting of shares of any class of Capital Stock of INVT.

5.5	Subsidiaries.  INVT has no subsidiaries and INVT is not a party to any
partnership or joint venture agreement or arrangement or owns any equity
interest in any other corporation, partnership or other entity.

5.6	Charter Documents.  INVT has made available to Optica and the Optica
Shareholders true, correct and complete copies of the Articles of
Incorporation, by-laws, and all amendments thereto as of the date hereof.

5.7	No Conflicts.  Neither the execution and delivery of this Agreement, nor
the consummation of any of the transactions contemplated hereby, nor the
issuance or delivery of the INVT Common Shares by INVT in the Conversion Right
pursuant to this Agreement conflict with or will conflict with or has resulted
or will result in the breach of or violation of any of the terms or conditions
of, or constitute (or, with notice or lapse of time or both, would constitute)
a default or result in the acceleration of any material obligation of INVT
under: (i) the articles of incorporation or by-laws of INVT; or (ii) any
Requirement of Law or Contractual Obligation of INVT and will not result in,
or require, the creation of imposition of any Lien on any of its assets,
properties or revenues pursuant to any such Requirement of Law or Contractual
Obligation.

5.8	Permits.  INVT has all licenses, permits, orders, authorizations,
notifications and approvals of any Governmental Authority material to the
conduct of its business as presently conducted.

5.9	No Consents.  Except for applicable requirements of the Nevada corporate
laws, the Securities Act, the Exchange Act, NASD and state securities or blue
sky laws, no consent, approval, order or authorization of, or registration,
declaration or filing with, any Governmental Authority or any other Person is
required in connection with the execution, delivery or performance of this
Agreement by INVT, the consummation by INVT of any of the transactions
contemplated hereby or thereby or the issuance or delivery of INVT Common
Shares under the Conversion Right pursuant to this Agreement.

5.10	Litigation.  INVT is not a party to, or to its knowledge, threatened
with, any material litigation or judicial, administrative or arbitration
proceeding or investigation.  There is no dispute with any Person under
contract with INVT which has a material  adverse effect on INVT, or is
reasonably likely to have a material adverse effect on  INVT.

5.11	Liabilities.  As at the date of this Agreement, INVT did not have any
material direct or indirect indebtedness or liabilities accrued, absolute, or
contingent (and likely of occurring) or otherwise, whether or not of a kind
required by United States Generally Accepted Accounting Principals to be set
forth, accrued, reserved for or reflected in a financial statement ("INVT
Liabilities"), except INVT Liabilities incurred in the ordinary course of
business or in connection with this Agreement.

5.12	Employee Benefit Plans.  There are no written or oral pension, profit
sharing, retirement, deferred compensation, stock purchase, stock option,
incentive compensation, bonus, vacation, severance, sickness or disability,
hospitalization, individual and group health and accident insurance,
individual and group life insurance or other material employee benefit plans,
programs, commitments or funding arrangements maintained by INVT, to which
INVT is a party, or under which INVT has any obligations, present or future.

5.13	Opportunity to Investigate.  Subject to its continuing right of due
diligence investigation of Optica, INVT (i) has had an opportunity to ask
questions concerning Optica and all such questions posed have been answered to
its satisfaction; (ii) has been given an opportunity to obtain any additional
information it deems necessary to verify the accuracy of any information
obtained concerning Optica; and (iii) has such knowledge and experience in
financial and business matters that it is able to evaluate the merits and
risks of entering into this Agreement and consummating the trans-actions
contemplated herein.

5.14	Investment Intent.  INVT is acquiring the Optica Common Shares at the
Closing for its own account for the purpose of investment and not with a view
to, or for sale in connection with, the distribution thereof, and it has no
present intention of distributing or selling such Optica Common Shares.  INVT
understands that the Optica Common Shares have not been registered under the
Securities Act, or the securities laws of any state or other jurisdiction, and
hereby agrees not to make any sale, transfer or other disposition of such
Optica Common Shares unless either (i) such Optica Common Shares have been
registered under the Securities Act and all applicable state and other
securities laws and any such registration remains in effect or (ii)
registration is not required under the Securities Act or applicable state
securities laws with respect to such sale, transfer or other disposition.

5.15	Full Disclosure.  None of the information supplied or to be supplied by
INVT for inclusion in the documents to be prepared in connection with the
transactions contemplated by this Agreement including, without limitation, (i)
documents to be filed with the SEC, including the Registration Statement, (ii)
filings pursuant to any State securities and blue sky laws, will, in the case
of the Registration Statement at the time of the mailing thereof, and in the
case of other documents at the time such documents are filed with any federal
or state regulatory authority, contain or will contain any untrue statements
of a material fact or omit to state any material fact necessary in order to
make the statements thereon not misleading (or, in the case of the
Registration Statement, in order to make the statements therein, in light of
the circumstances under which they were made, not misleading).

6.	COVENANTS AND AGREEMENTS

The parties covenant and agree as follows:

6.1	Directors of INVT.  At any time following the Closing, upon written
notice to INVT, the Optica Shareholders, so long as they collectively are
beneficial owners of at least fifty percent (50%) of the issued and
Outstanding INVT Common Shares, or have the right collectively pursuant to the
Conversion Right to acquire at least such amount, shall have the right to
designate up to four directors of INVT.  Upon receipt of such notice, INVT
shall take any and all steps required to cause such designees to be nominated
for election.

6.2	Brian Kitts.  Following Closing, Brian Kitts shall remain a director for
at least one year from the date of Closing and each of the Optica
Shareholders, to the extent it owns INVT Common Shares agrees to vote such
shares in favour of Brian Kitts as a director during the said one-year period.

6.3	Officers of INVT.  Following the Closing, INVT's President and CEO shall
be Douglas Smith and its Treasurer and Secretary shall be Brian Kitts.

6.4	Corporate Examination and Investigations.  INVT shall continue to afford
to the Optica Shareholders, directly or through representatives, the
opportunity to make such reasonable investigation of the property and plant of
INVT as are reasonable and appropriate for them to make a decision with
respect to exercising the Conversion Right.  In order that the Optica
Shareholders may have full opportunity to make such business, accounting,
regulatory and legal review, examination or investigation, INVT shall furnish
the Optica Shareholders until such time that the Conversion Right is exercised
in full, all such information as the Optica Shareholders may reasonably
request and cause its officers, employees, consultants, accountants and
attorneys to cooperate fully with them in connection with such review and
examination and to make full disclosure of all material facts affecting such
party's financial condition, regulatory affairs and business operations.

6.5  Cooperation in Preparing SEC Reports and Filings.  The parties agree
that they and each of them will assist and cooperate fully with each other
in the prompt preparation and filing of any applications, approvals,
consents or similar documents necessary or advisable in connection with the
transactions contemplated hereunder or under any qualifications under state
securities laws, which are required for the proper and effective consummation
of the transactions provided for in this Agreement and for the future business
operations of INVT and Optica.  The Optica Shareholders hall also provide such
assistance and cooperation with respect to the preparation and filing by INVT
of all other proxy statements, reports and filings that are required by a
reporting company under the Exchange Act.

6.7  Registration Statement.  As soon as practicable after execution of
this Agreement, INVT shall file with the SEC a registration statement on
Form 10 (the "Registration Statement") to register the Common Stock of INVT.
The parties hereto agree to fully cooperate in connection with the
preparation and filing of the Registration Statement.  Without limiting the
generality of the foregoing, each of Optica, INVT and the Optica Shareholders
agrees to furnish, and to cause its independent public accountants and
attorneys to furnish, INVT's and Optica's counsel and accountants, as the
case may be, promptly with such information as they may reasonably request
in order to complete the preparation and filing of the Registration Statement,
and any amendments thereto.

6.7	Further Registrations.  INVT shall file in a timely manner all such
Registration Statements as may be necessary to register the Common Stock of
INVT acquired pursuant to the Conversion Right.

6.8	Issuance of Capital Stock.  Neither Optica nor INVT shall issue, commit
to issue, redeem or purchase, or amend the terms of, any of its Capital Stock
or Convertible Securities after the date hereof and prior to the Closing,
except that INVT may issue such additional INVT Common Shares as will increase
the total issued and outstanding INVT Common Shares on Closing to not more
than 20,480,000.

6.9	Financing of Start-Up Costs.  INVT will undertake to maintain at least
$250,000 to finance the start-up costs of Optica (less any amounts previously
advanced).

6.10	Implementation of Business Plan.  Upon receipt of the financing referred
to in Section 6.9, Optica will undertake fo develop and implement the business
described in its business plan dated April 15, 1999.

6.11	Further Assurances.  Each of the parties shall execute such documents
and other papers and take such further action as may be reasonably required or
desirable to carry out the provisions of this Agreement and the transactions
contemplated hereby.  Each party shall use its best efforts to fulfill or
obtain the fulfillment of the conditions to the Closing.

7.	MISCELLANEOUS

7.1	Broker.  Each of the parties represents and warrants to the other that
no broker, finder or other financial consultant has acted on their or its
behalf in connection with the negotiation and execution of this Agreement.
Each such party agrees to indemnify and save the other harmless from any claim
or demand for commission or other compensation by any broker, finder,
financial consultant or similar agent not so disclosed claiming to have been
employed by or on behalf of such party, and to bear the cost of legal expenses
incurred in defending against any such claim.

7.2	Schedules and Exhibits.  The Schedules and Exhibits to this Agreement
are part of this Agreement as if set forth in full herein.

7.3	Notices.  Any notice or other communication required or which may be
given hereunder shall be in writing and shall be delivered personally,
telegraphed or telecopied, or sent overnight delivery by FedEx or UPS or sent
by certified or registered mail, postage prepaid, and shall be deemed given
when so delivered personally telegraphed or telecopied or if sent by FedEx or
UPS, one business day after the date of mailing, or if sent by certified or
registered mail, four business days after the date of mailing, as follows (or
to such other address as any party may from time to time specify in writing
pursuant to the notice provisions hereof):
(i)	if to Optica to:
    Euro-American Building , R.G. Hodge Plaza, 3rd floor, Wickhams Cay 1,
    Road Town, Tortola, British Virgin Islands

(ii)	if to the Optica Shareholders, to:
    	Suite 61, Grosvenor Close, Shirley Street, PO Box N7521, Nassau, New
     Providence, Bahamas

(iii)	if to INVT, to:
     	1776 Park Avenue, Unit 4, Park City, Utah 84060

7.4	Entire Agreement.  This Agreement (including all Schedules and Exhibits
hereto and all agreements or covenants contained therein) contains the entire
agreement among the Parties with respect to the Acquisition contemplated under
Section 2 and the Conversion Right contemplated under Section 3, and all
transactions related thereto, and supersedes all prior agreements or
understandings, written or oral, with respect thereto.

7.5	Waivers and Amendments.  This Agreement may be amended, modified,
superseded, cancelled, renewed or extended, and the terms and conditions
hereof may be waived, only by a written instrument signed by the Parties or,
in the case of a waiver, signed by the party waiving compliance.  No delay on
the part of any party in exercising any right, power or privilege hereunder
shall operate as a waiver thereof, nor shall any waiver on the part of any
party of any right, power or privilege hereunder, nor any single or partial
exercise of any right, power or privilege hereunder, preclude any other or
further exercise thereof or the exercise of any other right, power or
privilege hereunder.  The rights and remedies herein provided are cumulative
and are not exclusive or any rights or remedies that any party may otherwise
have at law or in equity.

7.6	Governing Law.  This Agreement shall be governed by and construed in
accordance with the laws of the State of Nevada, without giving effect to the
choice of law principles thereof.
7.7	No Assignment.  This Agreement is not assignable except by operation of
law.

7.8	Variations in Pronouns.  All pronouns and any variations thereof refer
to the masculine, feminine or neither singular or plural, as the identity of
the person or persons may require.

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

7.10	Severability.  If any one or more of the provisions of this Agreement is
held invalid, illegal or unenforceable, the remaining provisions of this
Agreement shall be unimpaired, and the invalid, illegal or unenforceable
provision shall be replaced by a mutually acceptable valid, legal and
enforceable provision which comes closest to the intent of the parties.

7.11	Binding Effect.  This Agreement shall be binding upon and inure to the
benefit of the parties and their respective successors and legal
representatives and permitted assigns.

	IN WITNESS WHEREOF, this Agreement has been duly executed and delivered
by the duly authorized officers of the corporate parties hereto on the date
first above written.

INVESTAMERICA, INC.                       OPTICA SHAREHOLDERS:

                                          RUSSELLS SYSTEMS LIMITED
----------------------------------
By: Brian Kitts, President
                                          --------------------------
                                          By:
OAKBAY TRADING LIMITED
                                          CRYSTSAL MARRIOTT S.A.

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

                                          WINJOY SERVICES CENTRE LIMITED

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

                                          VIRGIL SECURITIES S.A.

                                          ----------------------------
                                          By:MERLIN SOFTWARE TECHNOLOGIES
                               INTERNATIONAL, INC.
                             2000 STOCK OPTION PLAN

     This  2000 Stock Option Plan (the "Plan") provides for the grant of options
to acquire common shares (the "Common Shares") in the capital of Merlin Software
Technologies  International,  Inc.,  a  corporation formed under the laws of the
State of Nevada (the "Corporation").  Stock options granted under this Plan that
qualify  under Section 422 of the Internal Revenue Code of 1986, as amended (the
"Code"),  are  referred to in this Plan as "Incentive Stock Options".  Incentive
Stock  Options  and  stock  options that do not qualify under Section 422 of the
Code  ("Non-Qualified  Stock  Options")  granted under this Plan are referred to
collectively  as  "Options".

1.     PURPOSE

1.1     The  purpose  of  this  Plan  is  to  retain  the services of valued key
employees  and consultants of the Corporation and such other persons as the Plan
Administrator  shall select in accordance with Section 3 below, and to encourage
such  persons  to  acquire  a  greater  proprietary interest in the Corporation,
thereby  strengthening  their  incentive  to  achieve  the  objectives  of  the
shareholders  of  the  Corporation, and to serve as an aid and inducement in the
hiring  of  new  employees and to provide an equity incentive to consultants and
other  persons  selected  by  the  Plan  Administrator.

1.2     This  Plan  shall  at  all  times  be  subject to all legal requirements
relating  to  the administration of stock option plans, if any, under applicable
corporate  laws, applicable United States federal and state securities laws, the
Code,  the rules of any applicable stock exchange or stock quotation system, and
the rules of any foreign jurisdiction applicable to Options granted to residents
therein  (collectively,  the  "Applicable  Laws").

2.     ADMINISTRATION

2.1     This  Plan  shall be administered initially by the Board of Directors of
the  Corporation  (the  "Board"),  except that the Board may, in its discretion,
establish  a  committee  composed of two (2) or more members of the Board or two
(2)  or  more  other  persons  to  administer  the  Plan,  which  committee (the
"Committee")  may  be an executive, compensation or other committee, including a
separate  committee  especially  created  for  this  purpose.  The  Board or, if
applicable,  the  Committee  is  referred to herein as the "Plan Administrator".

2.2     If  and so long as the Common Stock is registered under Section 12(b) or
12(g)  of  the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
the  Board shall consider in selecting the Plan Administrator and the membership
of  any  Committee,  with  respect  to  any  persons subject or likely to become
subject to Section 16 of the Exchange Act, the provisions regarding (a) "outside
directors"  as contemplated by Section 162(m) of the Code, and (b) "Non-Employee
Directors"  as  contemplated  by  Rule  16b-3  under  the  Exchange  Act.

2.3     The  Committee  shall  have the powers and authority vested in the Board
hereunder  (including  the power and authority to interpret any provision of the
Plan  or  of  any Option).  The members of any such Committee shall serve at the
pleasure  of  the  Board.  A  majority  of  the

<PAGE>

members of the Committee shall constitute  a  quorum,  and  all  actions  of the
Committee shall be taken by a majority of  the  members present.  Any action may
be taken  by  a written instrument signed by all of the members of the Committee
and any action so taken shall be  fully  effective  as  if  it  had  been  taken
at  a  meeting.

2.4     Subject to the provisions of this Plan and any Applicable Laws, and with
a  view  to  effecting  its  purpose,  the  Plan  Administrator  shall have sole
authority,  in  its  absolute  discretion,  to:

(a)     construe  and  interpret  this  Plan;

(b)     define  the  terms  used  in  the  Plan;

(c)     prescribe,  amend and rescind the rules and regulations relating to this
Plan;

(d)     correct  any  defect, supply any omission or reconcile any inconsistency
in  this  Plan;

(e)     grant  Options  under  this  Plan;

(f)     determine  the  individuals  to whom Options shall be granted under this
Plan  and  whether  the  Option  is an Incentive Stock Option or a Non-Qualified
Stock  Option;

(g)     determine the time or times at which Options shall be granted under this
Plan;

(h)     determine  the  number  of  Common  Shares  subject  to each Option, the
exercise  price  of  each  Option,  the duration of each Option and the times at
which  each  Option  shall  become  exercisable;

(i)     determine  all  other  terms  and  conditions  of  the  Options;  and

(j)     make  all  other  determinations  and  interpretations  necessary  and
advisable  for  the  administration  of  the  Plan.

2.5     All  decisions,  determinations  and  interpretations  made  by the Plan
Administrator  shall  be  binding and conclusive on all participants in the Plan
and  on  their  legal  representatives,  heirs  and  beneficiaries.

3.     ELIGIBILITY

3.1     Incentive  Stock  Options  may  be granted to any individual who, at the
time  the  Option  is  granted, is an employee of the Corporation or any Related
Corporation  (as  defined  below)  ("Employees").

3.2     Non-Qualified  Stock  Options  may  be  granted to Employees and to such
other  persons,  including  directors  and  officers  of  the Corporation or any
Related  Corporation,  who  are  not  Employees  as the Plan Administrator shall
select,  subject  to  any  Applicable  Laws.

<PAGE>

3.3     Options  may  be  granted  in  substitution  for  outstanding Options of
another corporation in connection with the merger, consolidation, acquisition of
property or stock or other reorganization between such other corporation and the
Corporation  or  any subsidiary of the Corporation.  Options also may be granted
in  exchange  for  outstanding  Options.

3.4     Any  person  to whom an Option is granted under this Plan is referred to
as  an "Optionee".  Any person who is the owner of an Option is referred to as a
"Holder".

3.5     As  used  in  this  Plan,  the term "Related Corporation" shall mean any
corporation  (other  than the Corporation) that is a "Parent Corporation" of the
Corporation  or  "Subsidiary Corporation" of the Corporation, as those terms are
defined  in  Sections  424(e)  and  424(f),  respectively,  of  the Code (or any
successor  provisions)  and  the regulations thereunder (as amended from time to
time).

4.     STOCK

4.1     The Plan Administrator is authorized to grant Options to acquire up to a
total  of  3,000,000 Common Shares.  The number of Common Shares with respect to
which  Options may be granted hereunder is subject to adjustment as set forth in
Section  5.1(m)  hereof.  In the event that any outstanding Option expires or is
terminated  for  any  reason,  the  Common  Shares  allocable to the unexercised
portion  of  such  Option  may again be subject to an Option granted to the same
Optionee  or  to  a  different  person  eligible  under  Section 3 of this Plan;
provided however, that any cancelled Options will be counted against the maximum
number  of shares with respect to which Options may be granted to any particular
person  as  set  forth  in  Section  3  hereof.

5.     TERMS  AND  CONDITIONS  OF  OPTIONS

5.1     Each  Option  granted  under  this  Plan shall be evidenced by a written
agreement approved by the Plan Administrator (each, an "Agreement").  Agreements
may  contain  such provisions, not inconsistent with this Plan or any Applicable
Laws,  as  the  Plan  Administrator  in  its discretion may deem advisable.  All
Options  also  shall  comply  with  the  following  requirements:

(a)     Number  of  Shares  and  Type  of  Option

Each  Agreement shall state the number of Common Shares to which it pertains and
whether  the  Option  is  intended  to  be  an  Incentive  Stock  Option  or  a
Non-Qualified  Stock  Option;  provided  that:

(i)     the  number  of  Common  Shares  that  may  be  reserved pursuant to the
exercise  of Options granted to any person shall not exceed 5% of the issued and
outstanding  Common  Shares  of  the  Corporation;

(ii)     in  the  absence of action to the contrary by the Plan Administrator in
connection with the grant of an Option, all Options shall be Non-Qualified Stock
Options;

<PAGE>

(iii)     the  aggregate  fair market value (determined at the Date of Grant, as
defined  below)  of  the  Common  Shares  with  respect to which Incentive Stock
Options  are  exercisable for the first time by the Optionee during any calendar
year  (granted under this Plan and all other Incentive Stock Option plans of the
Corporation,  a  Related  Corporation  or  a  predecessor corporation) shall not
exceed  U.S.$100,000, or such other limit as may be prescribed by the Code as it
may  be  amended  from  time  to  time  (the  "Annual  Limit");  and

(iv)     any  portion  of  an Option which exceeds the Annual Limit shall not be
void  but  rather  shall  be  a  Non-Qualified  Stock  Option.

(b)     Date  of  Grant
Each  Agreement shall state the date the Plan Administrator has deemed to be the
effective  date  of  the Option for purposes of this Plan (the "Date of Grant").

(c)     Option  Price
Each  Agreement  shall  state  the  price  per  Common  Share  at  which  it  is
exercisable.  The  Plan  Administrator  shall act in good faith to establish the
exercise  price  in  accordance  with  Applicable  Laws;  provided  that:

(i)     the per share exercise price for an Incentive Stock Option or any Option
granted  to a "covered employee" as such term is defined for purposes of Section
162(m) of the Code shall not be less than the fair market value per Common Share
at  the  Date  of  Grant  as determined by the Plan Administrator in good faith;

(ii)     with  respect  to  Incentive  Stock Options granted to greater-than-ten
percent  (>10%) shareholders of the Corporation (as determined with reference to
Section 424(d) of the Code), the exercise price per share shall not be less than
one  hundred ten percent (110%) of the fair market value per Common Share at the
Date  of  Grant  as  determined  by  the  Plan  Administrator in good faith; and

(iii)     Options  granted  in  substitution  for outstanding options of another
corporation  in  connection  with  the  merger,  consolidation,  acquisition  of
property  or  stock or other reorganization involving such other corporation and
the  Corporation  or  any  subsidiary  of the Corporation may be granted with an
exercise  price  equal  to  the exercise price for the substituted option of the
other  corporation,  subject  to any adjustment consistent with the terms of the
transaction  pursuant  to  which  the  substitution  is  to  occur.

(d)     Duration  of  Options

At  the time of the grant of the Option, the Plan Administrator shall designate,
subject  to  Section 5.1(g) below, the expiration date of the Option, which date
shall  not  be

<PAGE>

later than ten (10) years from the Date of Grant; provided, that the  expiration
date of any Incentive Stock Option granted to a greater-than-ten percent  (>10%)
shareholder of the Corporation (as determined with reference to  Section  424(d)
of the Code) shall not be later than five (5) years from the Date of  Grant.  In
the  absence  of action  to the contrary by the Plan Administrator in connection
with  the  grant  of  a  particular  Option, and except in the case of Incentive
Stock Options as described above, all Options granted under this Section 5 shall
expire  ten  (10)  years  from  the  Date  of  Grant.

(e)     Vesting  Schedule

No  Option  shall  be exercisable until it has vested.  The vesting schedule for
each Option shall be specified by the Plan Administrator at the time of grant of
the  Option prior to the provision of services with respect to which such Option
is  granted;  provided,  that if no vesting schedule is specified at the time of
grant,  the  Option  shall  vest  according  to  the  following  schedule:

<TABLE>
<CAPTION>

<S>                      <C>
NUMBER OF YEARS . . . .  PERCENTAGE OF TOTAL
FOLLOWING DATE OF GRANT  OPTION VESTED
-----------------------  --------------------
        One . . . . . . . . .  25%
        Two . . . . . . . . . .50%
        Three . . . . . . . . .75%
        Four. . . . . . . . . .100%
</TABLE>

The  Plan Administrator may specify a vesting schedule for all or any portion of
an  Option  based  on  the  achievement of performance objectives established in
advance  of  the  commencement  by  the  Optionee  of  services  related  to the
achievement  of  the  performance  objectives.  Performance  objectives shall be
expressed  in  terms of objective criteria, including but not limited to, one or
more  of the following:  return on equity, return on assets, share price, market
share,  sales,  earnings per share, costs, net earnings, net worth, inventories,
cash  and  cash  equivalents,  gross  margin  or  the  Corporation's performance
relative  to  its  internal  business  plan.  Performance  objectives  may be in
respect  of  the  performance  of  the  Corporation  as  a  whole  (whether on a
consolidated  or unconsolidated basis), a Related Corporation, or a subdivision,
operating unit, product or product line of either of the foregoing.  Performance
objectives  may  be  absolute  or  relative  and  may be expressed in terms of a
progression or a range.  An Option that is exercisable (in full or in part) upon
the  achievement  of  one  or  more performance objectives may be exercised only
following  written  notice  to  the  Optionee  and  the  Corporation by the Plan
Administrator  that  the  performance  objective  has  been  achieved.

<PAGE>

(f)     Acceleration  of  Vesting

The  vesting  of  one or more outstanding Options may be accelerated by the Plan
Administrator  at  such  times  and in such amounts as it shall determine in its
sole  discretion.

(g)     Term  of  Option

(i)     Vested  Options shall terminate, to the extent not previously exercised,
upon  the  occurrence  of  the  first  of  the  following  events:

A.     the  expiration of the Option, as designated by the Plan Administrator in
accordance  with  Section  5.1(d)  above;

B.     the  date  of  an  Optionee's  termination  of  employment or contractual
relationship  with  the  Corporation  or  any  Related Corporation for cause (as
determined  by  the  Plan  Administrator,  acting  reasonably);

C.     the  expiration  of  three  (3)  months  from  the  date of an Optionee's
termination  of  employment  or contractual relationship with the Corporation or
any  Related  Corporation  for  any reason whatsoever other than cause, death or
Disability  (as  defined  below)  unless,  in  the case of a Non-Qualified Stock
Option,  the  exercise period is extended by the Plan Administrator until a date
not  later  than  the  expiration  date  of  the  Option;  or

D.     the  expiration  of  one  year  (1)  from  termination  of  an Optionee's
employment  or  contractual  relationship  by  reason of death or Disability (as
defined below) unless, in the case of a Non-Qualified Stock Option, the exercise
period  is  extended  by  the Plan Administrator until a date not later than the
expiration  date  of  the  Option.

(ii)     Notwithstanding  Section 5.1(g)(i) above, any vested Options which have
been  granted  to  the  Optionee in the Optionee's capacity as a director of the
Corporation  or  any  Related Corporation shall terminate upon the occurrence of
the  first  of  the  following  events:

A.     the  event  specified  in  Section  5.1(g)(i)A  above;

B.     the  event  specified  in  Section  5.1(g)(i)D  above;  and

C.     the  expiration  of three (3) months from the date the Optionee ceases to
serve  as  a director of the Corporation or Related Corporation, as the case may
be.

<PAGE>

(iii)     Upon the death of an Optionee, any vested Options held by the Optionee
shall  be  exercisable  only  by  the  person or persons to whom such Optionee's
rights  under  such  Option  shall pass by the Optionee's will or by the laws of
descent  and  distribution  of  the Optionee's domicile at the time of death and
only  until  such  Options  terminate  as  provided  above.

(iv)     For  purposes  of  the Plan, unless otherwise defined in the Agreement,
"Disability"  shall  mean  medically  determinable physical or mental impairment
which  has lasted or can be expected to last for a continuous period of not less
than  twelve  (12)  months or that can be expected to result in death.  The Plan
Administrator  shall  determine whether an Optionee has incurred a Disability on
the basis of medical evidence acceptable to the Plan Administrator.  Upon making
a determination of Disability, the Plan Administrator shall, for purposes of the
Plan,  determine  the  date  of  an  Optionee's  termination  of  employment  or
contractual  relationship.

(v)     Unless  accelerated  in  accordance  with Section 5.1(f) above, unvested
Options  shall  terminate  immediately  upon  termination  of  employment of the
Optionee  by  the  Corporation  for  any  reason  whatsoever, including death or
Disability.

(vi)     For  purposes of this Plan, transfer of employment between or among the
Corporation  and/or  any Related Corporation shall not be deemed to constitute a
termination  of  employment  with  the  Corporation  or any Related Corporation.
Employment  shall be deemed to continue while the Optionee is on military leave,
sick  leave  or  other  bona  fide  leave  of absence (as determined by the Plan
Administrator).  The  foregoing  notwithstanding, employment shall not be deemed
to  continue  beyond  the  first  ninety  (90)  days  of  such leave, unless the
Optionee's  re-employment  rights  are  guaranteed  by  statute  or by contract.

(h)     Exercise  of  Options

(i)     Options  shall  be  exercisable,  in  full or in part, at any time after
vesting,  until  termination.  If  less  than  all of the shares included in the
vested  portion  of  any Option are purchased, the remainder may be purchased at
any  subsequent  time  prior  to  the  expiration of the Option term. Only whole
shares  may  be  issued  pursuant to an Option, and to the extent that an Option
covers  less  than  one  (1)  share,  it  is  unexercisable.

(ii)     Options  or  portions thereof may be exercised by giving written notice
to  the  Corporation,  which  notice  shall  specify  the number of shares to be
purchased, and be accompanied by payment in the amount of the aggregate exercise
price  for  the  Common  Shares so purchased, which payment shall be in the form
specified  in  Section  5.1(i) below.  The Corporation shall not be obligated to
issue,  transfer  or  deliver  a  certificate  representing Common Shares to the
Holder  of  any  Option,  until  provision

<PAGE>

has  been  made  by  the Holder, to the satisfaction of the Corporation, for the
payment of the aggregate exercise price for  all  shares  for  which the  Option
shall   have  been  exercised  and  for  satisfaction  of  any  tax  withholding
obligations associated with such exercise. During the lifetime  of  an Optionee,
Options  are  exercisable  only by the Optionee.

(i)     Payment  upon  Exercise  of  Option

Upon  the  exercise of any Option, the aggregate exercise price shall be paid to
the  Corporation  in  cash  or by certified or cashier's check.  In addition, if
pre-approved  in  writing by the Plan Administrator who may arbitrarily withhold
consent,  the  Holder  may  pay for all or any portion of the aggregate exercise
price  by  complying  with  one  or  more  of  the  following  alternatives:

(i)     by  delivering  to the Corporation Common Shares previously held by such
Holder,  or  by  the Corporation withholding Common Shares otherwise deliverable
pursuant  to  exercise  of  the Option, which Common Shares received or withheld
shall  have  a  fair  market value at the date of exercise (as determined by the
Plan  Administrator)  equal  to  the  aggregate exercise price to be paid by the
Optionee  upon  such  exercise;

(ii)     by  delivering  a  properly  executed  exercise  notice  together  with
irrevocable  instructions  to  a  broker promptly to sell or margin a sufficient
portion of the shares and deliver directly to the Corporation the amount of sale
or  margin  loan  proceeds  to  pay  the  exercise  price;  or

(iii)     by  complying  with  any  other payment mechanism approved by the Plan
Administrator  at  the  time  of  exercise.

(j)     No  Rights  as  a  Shareholder

A  Holder  shall  have  no  rights  as  a shareholder with respect to any shares
covered  by  an Option until such Holder becomes a record holder of such shares,
irrespective  of  whether  such Holder has given notice of exercise.  Subject to
the  provisions of Section 5.1(m) hereof, no rights shall accrue to a Holder and
no adjustments shall be made on account of dividends (ordinary or extraordinary,
whether  in cash, securities or other property) or distributions or other rights
declared on, or created in, the Common Shares for which the record date is prior
to  the  date the Holder becomes a record holder of the Common Shares covered by
the  Option,  irrespective  of whether such Holder has given notice of exercise.

(k)     Non-transferability  of  Options

Options  granted under this Plan and the rights and privileges conferred by this
Plan  may  not  be  transferred, assigned, pledged or hypothecated in any manner
(whether  by  operation  of  law or otherwise) other than by will, by applicable
laws  of  descent  and  distribution,  and  shall  not  be subject to execution,
attachment  or  similar  process.  Upon any attempt to transfer, assign, pledge,
hypothecate  or  otherwise  dispose  of

<PAGE>

any  Option  or of any right or privilege conferred by this Plan contrary to the
provisions  hereof, or upon the sale, levy or any attachment or similar  process
upon  the  rights  and  privileges conferred by this  Plan,  such  Option  shall
thereupon  terminate and become null and void.

(l)     Securities  Regulation  and  Tax  Withholding

(i)     Shares shall not be issued with respect to an Option unless the exercise
of  such  Option  and the issuance and delivery of such shares shall comply with
all  Applicable Laws, and such issuance shall be further subject to the approval
of  counsel  for  the Corporation with respect to such compliance, including the
availability  of  an exemption from prospectus and registration requirements for
the  issuance  and  sale  of  such  shares.  The inability of the Corporation to
obtain  from  any  regulatory body the authority deemed by the Corporation to be
necessary for the lawful issuance and sale of any shares under this Plan, or the
unavailability of an exemption from prospectus and registration requirements for
the  issuance  and  sale  of  any  shares  under  this  Plan,  shall relieve the
Corporation  of  any  liability with respect to the non-issuance or sale of such
shares.

(ii)     As a condition to the exercise of an Option, the Plan Administrator may
require  the  Holder  to  represent  and  warrant in writing at the time of such
exercise that the shares are being purchased only for investment and without any
then-present  intention  to  sell or distribute such shares.  If necessary under
Applicable  Laws, the Plan Administrator may cause a stop-transfer order against
such  shares to be placed on the stock books and records of the Corporation, and
a  legend  indicating  that  the  stock  may  not  be pledged, sold or otherwise
transferred  unless an opinion of counsel is provided stating that such transfer
is  not  in violation of any Applicable Laws, may be stamped on the certificates
representing such shares in order to assure an exemption from registration.  The
Plan Administrator also may require such other documentation as may from time to
time  be  necessary  to comply with applicable securities laws.  THE CORPORATION
HAS  NO  OBLIGATION  TO  UNDERTAKE  REGISTRATION OF OPTIONS OR THE COMMON SHARES
ISSUABLE  UPON  THE  EXERCISE  OF  OPTIONS.

(iii)     The  Holder  shall  pay  to  the Corporation by certified or cashier's
check,  promptly  upon  exercise  of  an  Option or, if later, the date that the
amount  of such obligations becomes determinable, all applicable federal, state,
local  and  foreign  withholding  taxes  that  the  Plan  Administrator,  in its
discretion,  determines  to  result  upon  exercise  of  an  Option  or  from  a
transfer  or  other  disposition  of  Common Shares acquired upon exercise of an
Option or otherwise related to an Option or Common Shares acquired in connection
with  an  Option.  Upon approval of the Plan Administrator, a Holder may satisfy
such  obligation  by  complying  with  one or more of the following alternatives
selected  by  the  Plan  Administrator:

<PAGE>

A.     by  delivering  to  the Corporation Common Shares previously held by such
Holder  or  by  the  Corporation withholding Common Shares otherwise deliverable
pursuant to the exercise of the Option, which Common Shares received or withheld
shall  have  a  fair  market value at the date of exercise (as determined by the
Plan Administrator) equal to any withholding tax obligations arising as a result
of  such  exercise,  transfer  or  other  disposition;

B.     by  executing  appropriate  loan  documents  approved  by  the  Plan
Administrator  by which the Holder borrows funds from the Corporation to pay any
withholding  taxes due under this Section 5.1(l)(iii), with such repayment terms
as  the  Plan  Administrator  shall  select;  or

C.     by  complying  with  any  other  payment  mechanism  approved by the Plan
Administrator  from  time  to  time.

(iv)     The  issuance, transfer or delivery of certificates representing Common
Shares  pursuant to the exercise of Options may be delayed, at the discretion of
the  Plan  Administrator,  until  the  Plan  Administrator is satisfied that the
applicable requirements of all Applicable Laws and the withholding provisions of
the  Code  have been met and that the Holder has paid or otherwise satisfied any
withholding  tax  obligation  as  described  in  Section  5.1(l)(iii)  above.

(m)     Adjustments  Upon  Changes  In  Capitalization

(i)     The  aggregate  number  and  class  of  shares  for which Options may be
granted  under  this  Plan,  the  number  and  class  of  shares covered by each
outstanding  Option, and the exercise price per share thereof (but not the total
price),  and  each  such  Option,  shall all be proportionately adjusted for any
increase  or  decrease  in the number of issued Common Shares of the Corporation
resulting  from:

A.     a  subdivision or consolidation of shares or any like capital adjustment,
or

B.     the  issuance  of  any  Common  Shares, or securities exchangeable for or
convertible  into  Common  Shares, to the holders of all or substantially all of
the  outstanding  Common Shares by way of a stock dividend (other than the issue
of  Common  Shares,  or  securities  exchangeable for or convertible into Common
Shares,  to  holders  of  Common Shares pursuant to their exercise of options to
receive  dividends  in the form of Common Shares, or securities convertible into
Common  Shares,  in  lieu of dividends paid in the ordinary course on the Common
Shares).

<PAGE>

(ii)     Except  as provided in Section 5.1(m)(iii) hereof, upon a merger (other
than  a  merger  of  the  Corporation  in  which  the  holders  of Common Shares
immediately  prior to the merger have the same proportionate ownership of common
shares  in  the  surviving  corporation  immediately  after  the  merger),
consolidation,  acquisition  of  property  or  stock, separation, reorganization
(other than a mere re-incorporation or the creation of a holding Corporation) or
liquidation  of  the  Corporation,  as a result of which the shareholders of the
Corporation,  receive  cash,  shares  or  other  property  in exchange for or in
connection  with  their  Common  Shares,  any  Option  granted  hereunder  shall
terminate,  but the Holder shall have the right to exercise such Holder's Option
immediately  prior to any such merger, consolidation, acquisition of property or
shares,  separation,  reorganization  or  liquidation,  and  to  be treated as a
shareholder  of  record  for  the  purposes  thereof,  to the extent the vesting
requirements  set  forth  in  the  Option  agreement  have  been  satisfied.

(iii)     If  the  shareholders of the Corporation receive shares in the capital
of  another  corporation ("Exchange Shares") in exchange for their Common Shares
in any transaction involving a merger (other than a merger of the Corporation in
which the holders of Common Shares immediately prior to the merger have the same
proportionate  ownership  of  Common  Shares  in  the  surviving  corporation
immediately after the merger), consolidation, acquisition of property or shares,
separation or reorganization (other than a mere re-incorporation or the creation
of a holding Corporation), all Options granted hereunder shall be converted into
options  to  purchase Exchange Shares unless the Corporation and the corporation
issuing the Exchange Shares, in their sole discretion, determine that any or all
such  Options  granted hereunder shall not be converted into options to purchase
Exchange  Shares  but instead shall terminate in accordance with, and subject to
the  Holder's right to exercise the Holder's Options pursuant to, the provisions
of  Section  5.1(m)(ii).  The  amount  and  price  of converted options shall be
determined by adjusting the amount and price of the Options granted hereunder in
the  same  proportion  as used for determining the number of Exchange Shares the
holders  of the Common Shares receive in such merger, consolidation, acquisition
or  property  or stock, separation or reorganization.  Unless accelerated by the
Board,  the vesting schedule set forth in the option agreement shall continue to
apply  to  the  options  granted  for  the  Exchange  Shares.

(iv)     In  the  event of any adjustment in the number of Common Shares covered
by  any  Option,  any  fractional  shares  resulting  from such adjustment shall
be  disregarded  and each such Option shall cover only the number of full shares
resulting  from  such  adjustment.

(v)     All  adjustments  pursuant  to  Section 5.1(m) shall be made by the Plan
Administrator,  and  its determination as to what adjustments shall be made, and
the  extent  thereof,  shall  be  final,  binding  and  conclusive.

<PAGE>

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

6.     EFFECTIVE  DATE;  AMENDMENT;  SHAREHOLDER  APPROVAL

6.1     Options may be granted by the Plan Administrator from time to time on or
after  the  date  on  which  this  Plan  is adopted by the Board (the "Effective
Date").

6.2     Unless  sooner terminated by the Board, this Plan shall terminate on the
tenth  anniversary  of  the Effective Date.  No Option may be granted after such
termination  or  during  any  suspension  of  this  Plan.

6.3     Any  Options granted by the Plan Administrator prior to the ratification
of  this Plan by the shareholders of the Corporation shall be granted subject to
approval  of  this  Plan  by  the  holders  of  a  majority of the Corporation's
outstanding  voting  shares,  voting either in person or by proxy at a duly held
shareholders'  meeting  within  twelve (12) months before or after the Effective
Date.  If  such  shareholder  approval  is  sought and not obtained, all Options
granted  prior  thereto  and  thereafter shall be considered Non-Qualified Stock
Options  and  any  Options granted to Covered Employees will not be eligible for
the  exclusion  set  forth  in  Section  162(m)  of the Code with respect to the
deductibility  by  the  Corporation  of  certain  compensation.

7.     NO  OBLIGATIONS  TO  EXERCISE  OPTION

7.1     The  grant  of an Option shall impose no obligation upon the Optionee to
exercise  such  Option.

8.     NO  RIGHT  TO  OPTIONS  OR  TO  EMPLOYMENT

8.1     Whether  or  not  any Options are to be granted under this Plan shall be
exclusively  within  the  discretion  of  the  Plan  Administrator,  and nothing
contained  in  this  Plan  shall  be construed as giving any person any right to
participate  under this Plan.  The grant of an Option shall in no way constitute
any form of agreement or understanding binding on the Corporation or any Related
Corporation, express or implied, that the Corporation or any Related Corporation
will  employ  or  contract with an Optionee for any length of time, nor shall it
interfere  in  any  way  with  the Corporation's or, where applicable, a Related
Corporation's  right to terminate Optionee's employment at any time, which right
is  hereby  reserved.

9.     APPLICATION  OF  FUNDS

9.1     The  proceeds received by the Corporation from the sale of Common Shares
issued  upon  the  exercise  of  Options  shall  be  used  for general corporate
purposes,  unless  otherwise  directed  by  the  Board.

<PAGE>

10.     INDEMNIFICATION  OF  PLAN  ADMINISTRATOR

10.1     In  addition  to  all  other rights of indemnification they may have as
members  of the Board, members of the Plan Administrator shall be indemnified by
the  Corporation  for  all  reasonable  expenses  and liabilities of any type or
nature,  including attorneys' fees, incurred in connection with any action, suit
or  proceeding  to  which  they  or  any of them are a party by reason of, or in
connection  with,  this  Plan or any Option granted under this Plan, and against
all amounts paid by them in settlement thereof (provided that such settlement is
approved  by  independent  legal counsel selected by the Corporation), except to
the  extent  that  such expenses relate to matters for which it is adjudged that
such  Plan Administrator member is liable for willful misconduct; provided, that
within  fifteen  (15)  days  after  the  institution of any such action, suit or
proceeding,  the  Plan  Administrator member involved therein shall, in writing,
notify  the  Corporation  of  such  action,  suit  or  proceeding,  so  that the
Corporation  may  have  the  opportunity  to  make  appropriate  arrangements to
prosecute  or  defend  the  same.

11.     AMENDMENT  OF  PLAN

11.1     The  Plan  Administrator  may,  at any time, modify, amend or terminate
this Plan or modify or amend Options granted under this Plan, including, without
limitation,  such  modifications  or  amendments  as  are  necessary to maintain
compliance  with  the Applicable Laws.  The Plan Administrator may condition the
effectiveness  of  any  such amendment on the receipt of shareholder approval at
such  time  and  in such manner as the Plan Administrator may consider necessary
for  the  Corporation  to  comply  with  or  to avail the Corporation and/or the
Optionees  of  the  benefits  of  any  securities,  tax, market listing or other
administrative  or  regulatory  requirements.

Effective  Date:  May  1,  2000

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