Document:

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                                                                     Exhibit 4.1
                              COMCAST CORPORATION

                            1996 STOCK OPTION PLAN

               (As Amended and Restated, Effective June 5, 2001)

           1.  Purpose of Plan

The purpose of the Plan is to assist the Company in retaining valued employees,
officers and directors by offering them a greater stake in the Company's success
and a closer identity with it, and to aid in attracting individuals whose
services would be helpful to the Company and would contribute to its success.

           2.  Definitions

               (a)   "Affiliate" means, with respect to any Person, any other
                      ---------
Person that, directly or indirectly, is in control of, is controlled by, or is
under common control with, such Person. For purposes of this definition, the
term "control," including its correlative terms "controlled by" and "under
common control with," mean, with respect to any Person, the possession, directly
or indirectly, of the power to direct or cause the direction of the management
and policies of such Person, whether through the ownership of voting securities,
by contract or otherwise.

               (b)   "Board" means the board of directors of the Sponsor.
                      -----
               (c)   "Cash Right" means any right to receive cash in lieu of
                      ----------
Shares granted under the Plan and described in Paragraph 3(a)(iii).

               (d)   "Cause" means:
                      -----

                     (i)     for an employee of a Company, a finding by the
     Committee, after full consideration of the facts presented on behalf of
     both the Company and the employee, that the employee has breached his
     employment contract with a Company, has disclosed trade secrets of a
     Company or has been engaged in any sort of disloyalty to a Company,
     including, without limitation, fraud, embezzlement, theft, commission of a
     felony or proven dishonesty in the course of his employment.

                     (ii)    for a Non-Employee Director, a finding by the
     Committee, after full consideration of the facts presented on behalf of
     both the Company and the Director, that such Non-Employee Director has
     disclosed trade secrets of a Company, or has been engaged in any sort of
     disloyalty to a Company, including, without limitation, fraud,
     embezzlement, theft, commission of a felony or proven dishonesty in the
     course of his service as a Non-Employee Director.

               (e)   "Change of Control" means any transaction or series of
                      -----------------
transactions as a result of which any Person who was a Third Party immediately
before such

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transaction or series of transactions owns then-outstanding securities of the
Sponsor having more than 50 percent of the voting power for the election of
directors of the Sponsor.

               (f)   "Code" means the Internal Revenue Code of 1986, as amended.
                      ----

               (g)   "Comcast Plan" means any restricted stock, stock bonus,
                      ------------
stock option or other compensation plan, program or arrangement established or
maintained by the Company or an Affiliate, including but not limited to this
Plan, the Comcast Corporation 1997 Deferred Stock Option Plan, the Comcast
Corporation 1990 Restricted Stock Plan and the Comcast Corporation 1987 Stock
Option Plan.

               (h)   "Committee" means the committee described in Paragraph 5.
                      ---------

               (i)   "Common Stock" means:
                      ------------

                     (i)  the Sponsor's Class A Special Common Stock, par value,
       $1.00; and

                     (ii) subject to the approval of the Sponsor's shareholders,
       the Sponsor's Class B Common Stock, par value, $1.00.

               (j)   "Company" means the Sponsor and each of the Parent
                      -------
Companies and Subsidiary Companies.

               (k)   "Date of Grant" means the date as of which an Option is
                      -------------
granted.

               (l)   "Disability" means a disability within the meaning of
                      ----------
section 22(e)(3) of the Code.

               (m)   "Election Date" means the date on which an individual is
                      -------------
first elected to the Board as a Non-Employee Director, or is elected to the
Board as a Non-Employee Director following a period of one year or more during
which such individual was not a member of the Board.

               (n)   "Fair Market Value." If Shares are listed on a stock
                      -----------------
exchange, Fair Market Value shall be determined based on the last reported sale
price of a Share on the principal exchange on which Shares are listed on the
last trading day prior to the date of determination, or, if Shares are not so
listed, but trades of Shares are reported on the Nasdaq National Market, the
last quoted sale price of a Share on the Nasdaq National Market on the last
trading day prior to the date of determination, or, if Shares are not so
reported, the fair market value as determined by the Board or the Committee in
good faith.

               (o)   "Grant Date" means each February 1st after the date of
                      ----------
adoption of the Plan by the Board.

               (p)   "Immediate Family" means an Optionee's spouse and lineal
                      ----------------
descendants, any trust all beneficiaries of which are any of such persons and
any partnership all partners of which are any of such persons.

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               (q)   "Incentive Stock Option" means an Option granted under the
                      ----------------------
Plan, designated by the Committee at the time of such grant as an Incentive
Stock Option within the meaning of section 422 of the Code and containing the
terms specified herein for Incentive Stock Options; provided, however, that to
the extent an Option granted under the Plan and designated by the Committee at
the time of grant as an Incentive Stock Option fails to satisfy the requirements
for an incentive stock option under section 422 of the Code for any reason, such
Option shall be treated as a Non-Qualified Option.

               (r)   "Non-Employee Director" means an individual who is a member
                      ---------------------
of the Board, and who is not an employee of a Company, including an individual
who is a member of the Board and who previously was an employee of a Company.

               (s)   "Non-Qualified Option" means:
                      --------------------

                     (i)   an Option granted under the Plan, designated by the
Committee at the time of such grant as a Non-Qualified Option and containing the
terms specified herein for Non-Qualified Options; and

                     (ii)  an Option granted under the Plan and designated by
the Committee at the time of grant as an Incentive Stock Option, to the extent
such Option fails to satisfy the requirements for an incentive stock option
under section 422 of the Code for any reason.

               (t)   "Option" means any stock option granted under the Plan and
                      ------
described in Paragraph 3(a).

               (u)   "Optionee" means a person to whom an Option has been
                      --------
granted under the Plan, which Option has not been exercised in full and has not
expired or terminated.

               (v)   "Other Available Shares" means, as of any date, the excess,
                      ----------------------
if any of:

                     (i)    the total number of Shares owned by an Optionee;
                            over

                     (ii)   the sum of:

                            (a)    the number of Shares owned by such Optionee
                                   for less than six months; plus

                            (b)    the number of Shares owned by such Optionee
                                   that has, within the preceding six months,
                                   been the subject of a withholding
                                   certification pursuant to Paragraph 16(b) or
                                   any similar withholding certification under
                                   any other Comcast Plan; plus

                            (c)    the number of Shares owned by such Optionee
                                   that has, within the preceding six months,
                                   been received in exchange for Shares
                                   surrendered as payment, in full or in part,
                                   of the exercise price for an option to

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                                   purchase any securities of the Sponsor or an
                                   Affiliate under any Comcast Plan, but only to
                                   the extent of the number of Shares
                                   surrendered; plus

                            (d)    the number of Shares owned by such Optionee
                                   as to which evidence of ownership has, within
                                   the preceding six months, been provided to
                                   the Company in connection with the crediting
                                   of "Deferred Stock Units" to such Optionee's
                                   Account under the Comcast Corporation 1997
                                   Deferred Stock Option Plan.

For purposes of this Paragraph 2(v), a Share that is subject to a deferral
election pursuant to another Comcast Plan shall not be treated as owned by an
Optionee until all conditions to the delivery of such Share have lapsed.  For
purposes of Paragraphs 7(d), 8(d) and 16(b),  the number of Other Available
Shares shall be determined separately for the Sponsor's Class A Special Common
Stock, par value, $1.00, the Sponsor's Class A Common Stock, par value, $1.00
and the Sponsor's Class B Common Stock, par value, $1.00.

               (w)   "Outside Director" means a member of the Board who is an
                      ----------------
"outside director" within the meaning of section 162(m)(4)(C) of the Code and
applicable Treasury Regulations issued thereunder.

               (x)   "Parent Company" means all corporations that, at the time
                      --------------
in question, are parent corporations of the Sponsor within the meaning of
section 424(e) of the Code.

               (y)   "Person" means an individual, a corporation, a partnership,
                      ------
an association, a trust or any other entity or organization.

               (z)   "Plan" means the Comcast Corporation 1996 Stock Option
                      ----
Plan.
               (aa)  "Roberts Family." Each of the following is a member of the
                      --------------
Roberts Family:

                     (i)    Brian L. Roberts;

                     (ii)   a lineal descendant of Brian L. Roberts; or

                     (iii)  a trust established for the benefit of any of Brian
L. Roberts and/or a lineal descendant or descendants of Brian L. Roberts.

               (bb)  "Share" or "Shares" means:
                      -----      ------

                     (i)    for all purposes of the Plan, a share or shares of
     Common Stock or such other securities issued by the Sponsor as may be the
     subject of an adjustment under Paragraph 11.

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                     (ii)   solely for purposes of Paragraphs 2(n), 2(v), 7(d),
     8(d) and 16(b), the term "Share" or "Shares" also means a share or shares
     of the Sponsor's Class A Common Stock, par value, $1.00.

               (cc)  "Sponsor" means Comcast Corporation, a Pennsylvania
                      -------
corporation, including any successor thereto by merger, consolidation,
acquisition of all or substantially all the assets thereof, or otherwise.

               (dd)  "Subsidiary Companies" means all corporations that, at the
                      --------------------
time in question, are subsidiary corporations of the Sponsor within the meaning
of section 424(f) of the Code.

               (ee)  "Ten Percent Shareholder" means a person who on the Date of
                      -----------------------
Grant owns, either directly or within the meaning of the attribution rules
contained in section 424(d) of the Code, stock possessing more than 10% of the
total combined voting power of all classes of stock of his employer corporation
or of its parent or subsidiary corporations, as defined respectively in sections
424(e) and (f) of the Code, provided that the employer corporation is a Company.

               (ff)  "Terminating Event" means any of the following events:
                      -----------------

                     (i)   the liquidation of the Sponsor; or

                     (ii)  a Change of Control.

               (gg)  "Third Party" means any Person other than a Company,
                      -----------
together with such Person's Affiliates, provided that the term "Third Party"
shall not include the Sponsor, an Affiliate of the Sponsor or any member or
members of the Roberts Family.

               (hh)  "1933 Act" means the Securities Act of 1933, as amended.
                      --------
               (ii)  "1934 Act" means the Securities Exchange Act of 1934, as
                      --------
amended.

           3.  Rights To Be Granted

               (a)   Types of Options and Other Rights Available for Grant.
                     -----------------------------------------------------
Rights that may be granted under the Plan are:

                     (i)    Incentive Stock Options, which give an Optionee who
     is an employee of a Company the right for a specified time period to
     purchase a specified number of Shares for a price not less than the Fair
     Market Value on the Date of Grant;

                     (ii)   Non-Qualified Options, which give the Optionee the
     right for a specified time period to purchase a specified number of Shares
     for a price determined by the Committee; and

                     (iii)  Cash Rights, which give an Optionee the right for a
     specified time period, and subject to such conditions, if any, as shall be
     determined by the

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     Committee and stated in the option document, to receive a cash payment of
     such amount per Share as shall be determined by the Committee and stated in
     the option document, in lieu of exercising a Non-Qualified Option.

In addition, rights that may be granted under the Plan shall include Incentive
Stock Options or Non-Qualified Options to purchase a specified number of Shares
of the Sponsor's Class A Special Common Stock, par value $1.00, which shall be
automatically converted into Incentive Stock Options or Non-Qualified Options to
purchase the same number of Shares of the Sponsor's Class B Common Stock, par
value $1.00, upon and subject to the approval by the Sponsor's shareholders of
the amendment to the Plan adopted by the Board on October 5, 2000 to make the
Sponsor's Class B Common Stock, par value $1.00 available for the grant of
Options under the Plan.

               (b)   Limit on Grant of Options. The maximum number of Shares for
                     -------------------------
which Options may be granted to any single individual in any calendar year,
adjusted as provided in Paragraph 11, shall be 10,000,000 Shares.

               (c)   Presumption of Incentive Stock Option Status. Each Option
                     --------------------------------------------
granted under the Plan to an employee of a Company is intended to be an
Incentive Stock Option, except to the extent any such grant would exceed the
limitation of Paragraph 9 and except for any Option specifically designated at
the time of grant as an Option that is not an Incentive Stock Option.

           4.  Shares Subject to Plan

           Subject to adjustment as provided in Paragraph 11, not more than
50,000,000 Shares in the aggregate may be issued pursuant to the Plan upon
exercise of Options. Shares delivered pursuant to the exercise of an Option may,
at the Sponsor's option, be either treasury Shares or Shares originally issued
for such purpose. If an Option covering Shares terminates or expires without
having been exercised in full, other Options may be granted covering the Shares
as to which the Option terminated or expired.

           5.  Administration of Plan

               (a)   Committee.  The Plan shall be administered by the
                     ---------
Subcommittee on Performance Based Compensation of the Compensation Committee of
the Board or any other committee or subcommittee designated by the Board,
provided that the committee administering the Plan is composed of two or more
non-employee members of the Board, each of whom is an Outside Director.
Notwithstanding the foregoing, if Non-Employee Directors are granted Options in
accordance with the provisions of Paragraph 8, the directors to whom such
Options will be granted, the timing of grants of such Options, the Option Price
of such Options and the number of Option Shares included in such Options shall
be as specifically set forth in Paragraph 8. No member of the Committee shall
participate in the resolution of any issue that exclusively involves an Option
granted to such member.

               (b)   Meetings. The Committee shall hold meetings at such times
                     --------
and places as it may determine. Acts approved at a meeting by a majority of the
members of the Committee or acts approved in writing by the unanimous consent of
the members of the Committee shall be the valid acts of the Committee.

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               (c)   Exculpation. No member of the Committee shall be personally
                     -----------
liable for monetary damages for any action taken or any failure to take any
action in connection with the administration of the Plan or the granting of
Options thereunder unless (i) the member of the Committee has breached or failed
to perform the duties of his office, and (ii) the breach or failure to perform
constitutes self-dealing, wilful misconduct or recklessness; provided, however,
                                                             -----------------
that the provisions of this Paragraph 5(c) shall not apply to the responsibility
or liability of a member of the Committee pursuant to any criminal statute.

               (d)   Indemnification. Service on the Committee shall constitute
                     ---------------
service as a member of the Board. Each member of the Committee shall be entitled
without further act on his part to indemnity from the Sponsor to the fullest
extent provided by applicable law and the Sponsor's By-laws in connection with
or arising out of any actions, suit or proceeding with respect to the
administration of the Plan or the granting of Options thereunder in which he may
be involved by reasons of his being or having been a member of the Committee,
whether or not he continues to be such member of the Committee at the time of
the action, suit or proceeding.

           6.  Eligibility

               (a)   Eligible individuals to whom Options may be granted shall
be employees, officers or directors of a Company who are selected by the
Committee for the grant of Options. Eligible individuals to whom Cash Rights may
be granted shall be individuals who are employees of a Company on the Date of
Grant. The terms and conditions of Options granted to individuals other than
Non-Employee Directors shall be determined by the Committee, subject to
Paragraph 7. The terms and conditions of Cash Rights shall be determined by the
Committee, subject to Paragraph 7. The terms and conditions of Options granted
to Non-Employee Directors shall be determined by the Committee, subject to
Paragraph 8.

               (b)   An Incentive Stock Option shall not be granted to a Ten
Percent Shareholder except on such terms concerning the option price and term as
are provided in Paragraph 7(b) and 7(g) with respect to such a person. An Option
designated as Incentive Stock Option granted to a Ten Percent Shareholder but
which does not comply with the requirements of the preceding sentence shall be
treated as a Non-Qualified Option. An Option designated as an Incentive Stock
Option shall be treated as a Non-Qualified Option if (i) the Optionee is not an
employee of a Company on the Date of Grant or (ii) the only Company by which the
Optionee is employed on the Date of Grant is an entity described in Paragraph
2(dd)(ii).

           7.  Option Documents and Terms - In General

           All Options granted to Optionees other than Non-Employee Directors
shall be evidenced by option documents.  The terms of each such option document
shall be determined from time to time by the Committee, consistent, however,
with the following:

               (a)   Time of Grant. All Options shall be granted within 10 years
                     -------------
from the earlier of (i) the date of adoption of the Plan by the Board, or (ii)
approval of the Plan by the shareholders of the Sponsor.

               (b)   Option Price. The option price per Share with respect to
                     ------------
any option shall be determined by the Committee, provided, however, that with
                                                 -----------------
respect to any Incentive Stock Options, the option price per share shall not be
less than 100% of the Fair

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Market Value of such Share on the Date of Grant, and provided further that with
                                                     ----------------
respect to any Incentive Stock Options granted to a Ten Percent Shareholder, the
option price per Share shall not be less than 110% of the Fair Market Value of
such Share on the Date of Grant.

               (c)   Restrictions on Transferability. No Option granted under
                     -------------------------------
this Paragraph 7 shall be transferable otherwise than by will or the laws of
descent and distribution and, during the lifetime of the Optionee, shall be
exercisable only by him or for his benefit by his attorney-in-fact or guardian;
provided that the Committee may, in its discretion, at the time of grant of a
-------------
Non-Qualified Option or by amendment of an option document for an Incentive
Stock Option or a Non-Qualified Option, provide that Options granted to or held
by an Optionee may be transferred, in whole or in part, to one or more
transferees and exercised by any such transferee; provided further that (i) any
                                                  ----------------
such transfer is without consideration and (ii) each transferee is a member of
such Optionee's Immediate Family; and provided further that any Incentive Stock
                                      ----------------
Option granted pursuant to an option document which is amended to permit
transfers during the lifetime of the Optionee shall, upon the effectiveness of
such amendment, be treated thereafter as a Non-Qualified Option. No transfer of
an Option shall be effective unless the Committee is notified of the terms and
conditions of the transfer and the Committee determines that the transfer
complies with the requirements for transfers of Options under the Plan and the
option document. Any person to whom an Option has been transferred may exercise
any Options only in accordance with the provisions of Paragraph 7(g) and this
Paragraph 7(c).

               (d)   Payment Upon Exercise of Options. Full payment for Shares
                     --------------------------------
purchased upon the exercise of an Option shall be made in cash, by certified
check payable to the order of the Sponsor, or, at the election of the Optionee
and as the Committee may, in its sole discretion, approve, by surrendering
Shares with an aggregate Fair Market Value equal to the aggregate option price,
or by delivering such combination of Shares and cash as the Committee may, in
its sole discretion , approve; provided, however, that Shares may be surrendered
                               -----------------
in satisfaction of the option price only if the Optionee certifies in writing to
the Sponsor that the Optionee owns a number of Other Available Shares as of the
date the Option is exercised that is at least equal to the number of Shares to
be surrendered in satisfaction of the Option Price; provided further, however,
                                                    ----------------
that the option price may not be paid in Shares if the Committee determines that
such method of payment would result in liability under section 16(b) of the 1934
Act to an Optionee. Except as otherwise provided by the Committee, if payment is
made in whole or in part in Shares, the Optionee shall deliver to the Sponsor
certificates registered in the name of such Optionee representing Shares legally
and beneficially owned by such Optionee, free of all liens, claims and
encumbrances of every kind and having a Fair Market Value on the date of
delivery that is not greater than the option price accompanied by stock powers
duly endorsed in blank by the record holder of the Shares represented by such
certificates. If the Committee, in its sole discretion, should refuse to accept
Shares in payment of the option price, any certificates representing Shares
which were delivered to the Sponsor shall be returned to the Optionee with
notice of the refusal of the Committee to accept such Shares in payment of the
option price. The Committee may impose such limitations and prohibitions on the
use of Shares to exercise an Option as it deems appropriate.

               (e)   Issuance of Certificate Upon Exercise of Options; Payment
                     ---------------------------------------------------------
of Cash. Only whole Shares shall be issuable upon exercise of Options. Any right
-------
to a fractional Share shall be satisfied in cash. Upon satisfaction of the
conditions of Paragraph 10, a certificate

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for the number of whole Shares and a check for the Fair Market Value on the date
of exercise of any fractional Share to which the Optionee is entitled shall be
delivered to such Optionee by the Sponsor.

               (f)   Termination of Employment. For purposes of the Plan, a
                     -------------------------
transfer of an employee between two employers, each of which is a Company, shall
not be deemed a termination of employment. For purposes of Paragraph 7(g), an
Optionee's termination of employment shall be deemed to occur on the date an
Optionee ceases to have a regular obligation to perform services for a Company,
without regard to whether (i) the Optionee continues on the Company's payroll
for regular, severance or other pay or (ii) the Optionee continues to
participate in one or more health and welfare plans maintained by the Company on
the same basis as active employees. Whether an Optionee ceases to have a regular
obligation to perform services for a Company shall be determined by the
Committee in its sole discretion. Notwithstanding the foregoing, if an Optionee
is a party to an employment agreement or severance agreement with a Company
which establishes the effective date of such Optionee's termination of
employment for purposes of this Paragraph 7(g), that date shall apply.

               (g)   Periods of Exercise of Options. An Option shall be
                     ------------------------------
exercisable in whole or in part at such time or times as may be determined by
the Committee and stated in the option document, provided, however, that if the
grant of an Option would be subject to section 16(b) of the 1934 Act, unless the
requirements for exemption therefrom in Rule 16b-3(c)(1), under such Act, or any
successor provision, are met, the option document for such Option shall provide
that such Option is not exercisable until not less than six months have elapsed
from the Date of Grant. Except as otherwise provided by the Committee in its
discretion, no Option shall first become exercisable following an Optionee's
termination of employment for any reason; provided further, that:

                     (i)    In the event that an Optionee terminates employment
     with the Company for any reason other than death or Cause, any Option held
     by such Optionee and which is then exercisable shall be exercisable for a
     period of 90 days following the date the Optionee terminates employment
     with the Company (unless a longer period is established by the Committee);
     provided, however, that if such termination of employment with the Company
     is due to the Disability of the Optionee, he shall have the right to
     exercise those of his Options which are then exercisable for a period of
     one year following such termination of employment (unless a longer period
     is established by the Committee); provided, however, that in no event shall
     an Incentive Stock Option be exercisable after five years from the Date of
     Grant in the case of a grant to a Ten Percent Shareholder, nor shall any
     other Option be exercisable after ten years from the Date of Grant.

                     (ii)   In the event that an Optionee terminates employment
     with the Company by reason of his death, any Option held at death by such
     Optionee which is then exercisable shall be exercisable for a period of one
     year from the date of death (unless a longer period is established by the
     Committee) by the person to whom the rights of the Optionee shall have
     passed by will or by the laws of descent and distribution; provided,
                                                                --------
     however, that in no event shall an Incentive Stock Option be exercisable
     -------
     after five years from the Date of Grant in the case of a grant to a Ten
     Percent Shareholder, nor shall any other Option be exercisable after ten
     years from the Date of Grant.

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                     (iii)   In the event that an Optionee's employment with the
     Company is terminated for Cause, each unexercised Option held by such
     Optionee shall terminate and cease to be exercisable; provided further,
                                                           ----------------
     that in such event, in addition to immediate termination of the Option, the
     Optionee, upon a determination by the Committee shall automatically forfeit
     all Shares otherwise subject to delivery upon exercise of an Option but for
     which the Sponsor has not yet delivered the Share certificates, upon refund
     by the Sponsor of the option price.

               (h)   Date of Exercise. The date of exercise of an Option shall
                     ----------------
be the date on which written notice of exercise, addressed to the Sponsor at its
main office to the attention of its Secretary, is hand delivered, telecopied or
mailed first class postage prepaid; provided, however, that the Sponsor shall
                                    -----------------
not be obligated to deliver any certificates for Shares pursuant to the exercise
of an Option until the Optionee shall have made payment in full of the option
price for such Shares. Each such exercise shall be irrevocable when given. Each
notice of exercise must (i) specify the Incentive Stock Option, Non-Qualified
Option or combination thereof being exercised; and (ii) include a statement of
preference (which shall binding on and irrevocable by the Optionee but shall not
be binding on the Committee) as to the manner in which payment to the Sponsor
shall be made (Shares or cash or a combination of Shares and cash). Each notice
of exercise shall also comply with the requirements of Paragraph 15.

               (i)   Cash Rights. The Committee may, in its sole discretion,
                     -----------
provide in an option document for an eligible Optionee that Cash Rights shall be
attached to Non-Qualified Options granted under the Plan. All Cash Rights that
are attached to Non-Qualified Options shall be subject to the following terms:

                     (i)    Such Cash Right shall expire no later than the Non-
     Qualified Option to which it is attached.

                     (ii)   Such Cash Right shall provide for the cash payment
     of such amount per Share as shall be determined by the Committee and stated
     in the option document.

                     (iii)  Such Cash Right shall be subject to the same
     restrictions on transferability as the Non-Qualified Option to which it is
     attached.

                     (iv)   Such Cash Right shall be exercisable only when such
     conditions to exercise as shall be determined by the Committee and stated
     in the option document, if any, have been satisfied.

                     (v)    Such Cash Right shall expire upon the exercise of
     the Non-Qualified Option to which it is attached.

                     (vi)   Upon exercise of a Cash Right that is attached to a
     Non-Qualified Option, the Option to which the Cash Right is attached shall
     expire.

               (j)   Type of Shares. Each Option granted under this Paragraph 7
                     --------------
to an employee of a Company shall be an Option to purchase Shares of the
Company's Class A Special Common Stock, par value, $1.00, except for (i) any
Option specifically designated at the time of grant as an Option to purchase
Shares of the Company's Class B Common Stock, par

                                      -10-
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value, $1.00, or (ii) any Option specifically designated at the time of grant as
an Option to purchase Shares of the Company's Class A Special Common Stock, par
value, $1.00, that will automatically convert to an Option to purchase Shares of
the Company's Class B Special Common Stock, par value, $1.00, upon and subject
to the approval by the Sponsor's shareholders of the amendment to the Plan
adopted by the Board on October 5, 2000 to make the Sponsor's Class B Common
Stock, par value $1.00 available for the grant of Options under the Plan.

           8.  Option Documents and Terms - Non-Employee Directors

           Options granted pursuant to the Plan to Non-Employee Directors shall
be granted, without any further action by the Committee, in accordance with the
terms and conditions set forth in this Paragraph 8.  Options granted pursuant to
Paragraph 8(a) shall be evidenced by option documents.  The terms of each such
option document shall be consistent with Paragraphs 8(b) through 8(g), as
follows:

               (a)   Grant of Options to Non-Employee Directors. Each Non-
                     ------------------------------------------
Employee Director shall be granted, commencing on the Grant Date next following
the adoption of this Plan by the Board and on each successive Grant Date
thereafter, a Non-Qualified Option to purchase 5,400 Shares. Notwithstanding the
preceding sentence, each newly elected Non-Employee Director:

                     (i)   shall be granted a Non-Qualified Option to purchase
     9,000 Shares on the Election Date; and

                     (ii)  shall not be entitled to the grant of an Option
     hereunder on the Grant Date immediately following the Non-Employee
     Director's Election Date if such Election Date is within ninety (90) days
     of the Grant Date.

               (b)   Option Price. The option price per Share with respect to
                     ------------
any Option granted under this Paragraph 8 shall be 100% of the Fair Market Value
of such Share on the Grant Date.

               (c)   Restrictions on Transferability. No Option granted under
                     -------------------------------
this Paragraph 8 shall be transferable otherwise than by will or the laws of
descent and distribution and, during the lifetime of the Optionee, shall be
exercisable only by him or for his benefit by his attorney-in-fact or guardian;
provided that the Committee may, in its discretion, at the time of grant of an
Option or by amendment of an option document for an Option, provide that Options
may be transferred, in whole or in part, to one or more transferees and
exercised by any such transferee; provided further that (i) any such transfer is
                                  ---------------------
without consideration, and (ii) each transferee is a member of such Optionee's
Immediate Family. No transfer of an Option shall be effective unless the
Committee is notified of the terms and conditions of the transfer and the
Committee determines that the transfer complies with the requirements for
transfers of Options under the Plan and the option document. Any person to whom
an Option has been transferred may exercise any Options only in accordance with
the provisions of Paragraph 8(f) and this Paragraph 8(c).

               (d)   Payment Upon Exercise of Options. Full payment for Shares
                     --------------------------------
purchased upon the exercise of an Option shall be made in cash, by certified
check payable to the order of the Sponsor, or, at the election of the Optionee
and as the Committee may, in its sole

                                      -11-
<PAGE>

discretion, approve, by surrendering Shares with an aggregate Fair Market Value
equal to the aggregate option price, or by delivering such combination of Shares
and cash as the Committee may, in its solediscretion, approve; provided,
                                                               --------
however, that Shares may be surrendered in satisfaction of the option price only
-------
if the Optionee certifies in writing to the Sponsor that the Optionee owns a
number of Other Available Shares as of the date the Option is exercised that is
at least equal to the number of Shares to be surrendered in satisfaction of the
Option Price; provided further, however, that the option price may not be paid
              ----------------
in Shares if the Committee determines that such method of payment would result
in liability under section 16(b) of the 1934 Act to an Optionee. Except as
otherwise provided by the Committee, if payment is made in whole or in part in
Shares, the Optionee shall deliver to the Sponsor certificates registered in the
name of such Optionee representing Shares legally and beneficially owned by such
Optionee, free of all liens, claims and encumbrances of every kind and having a
Fair Market Value on the date of delivery that is not greater than the option
price accompanied by stock powers duly endorsed in blank by the record holder of
the Shares represented by such certificates. If the Committee, in its sole
discretion, should refuse to accept Shares in payment of the option price, any
certificates representing Shares which were delivered to the Sponsor shall be
returned to the Optionee with notice of the refusal of the Committee to accept
such Shares in payment of the option price. The Committee may impose such
limitations and prohibitions on the use of Shares to exercise an Option as it
deems appropriate.

               (e)   Issuance of Certificate Upon Exercise of Options; Payment
                     ---------------------------------------------------------
of Cash. Only whole Shares shall be issuable upon exercise of Options granted
-------
under this Paragraph 8. Any right to a fractional Share shall be satisfied in
cash. Upon satisfaction of the conditions of Paragraph 10, a certificate for the
number of whole Shares and a check for the Fair Market Value on the date of
exercise of any fractional Share to which the Optionee is entitled shall be
delivered to such Optionee by the Sponsor.

               (f)   Periods of Exercise of Options. An Option granted under
                     ------------------------------
this Paragraph 8 shall not be exercisable for six months after the Date of
Grant, and shall then be exercisable in its entirety. No Option shall first
become exercisable following an Optionee's termination of service as a Non-
Employee Director for any reason other than the Non-Employee Director's
termination of service because of the Non-Employee Director's death, Disability
or attainment of mandatory retirement age under any mandatory retirement policy
established by the Board as in effect from time to time ("Mandatory
Retirement"). All Options granted to a Non-Employee Director shall become
immediately exercisable in full upon an Optionee's termination of service as a
Non-Employee Director because of death, Disability or Mandatory Retirement;
provided further, that the following rules shall apply to all Options previously
----------------
granted under the Plan to Non-Employee Directors that are outstanding as of June
5, 2001, and to all Options granted under the Plan to Non-Employee Directors
after June 5, 2001:

                     (i)   In the event that an Optionee terminates service as
     a Non-Employee Director for any reason other than the Disability or
     Mandatory Retirement of the Optionee, death or Cause, any Option held by
     such Optionee and which is then exercisable shall continue to be
     exercisable for a period of 90 days following the date the Optionee
     terminates service as a Non-Employee Director; provided, however, that in
                                                    -----------------
     no event shall an Option be exercisable after the day before the fifth
     anniversary of the Date of Grant.

                                      -12-
<PAGE>

                     (ii)  In the event that an Optionee terminates service as a
     Non-Employee Director due to the Disability, death or Mandatory Retirement
     of the Optionee, any Option held by such Optionee and which is then
     exercisable shall continue to be exercisable by the Optionee or, in the
     case of the Optionee's death, by the person to whom the rights of the
     Optionee shall have passed by will or by the laws of descent and
     distribution until the day before the fifth anniversary of the Date of
     Grant.

                     (iii) In the event that an Optionee's service as a Non-
Employee Director is terminated for Cause, each unexercised Option shall
terminate and cease to be exercisable; provided further, that in such event, in
                                       ----------------
addition to immediate termination of the Option, the Optionee shall
automatically forfeit all Shares otherwise subject to delivery upon exercise of
an Option but for which the Sponsor has not yet delivered the Share
certificates, upon refund by the Sponsor of the option price.

               (g)   Date of Exercise. The date of exercise of an Option granted
                     ----------------
under this Paragraph 8 shall be the date on which written notice of exercise,
addressed to the Sponsor at its main office to the attention of its Secretary,
is hand delivered, telecopied or mailed first class postage prepaid; provided,
                                                                     --------
however, that the Sponsor shall not be obligated to deliver any certificates for
-------
Shares pursuant to the exercise of an Option until the Optionee shall have made
payment in full of the option price for such Shares. Each such exercise shall be
irrevocable when given. Each notice of exercise must (i) specify the Option
being exercised; and (ii) include a statement as to the manner in which payment
to the Sponsor shall be made (Shares or cash or a combination of Shares and
cash). Each notice of exercise shall also comply with the requirements of
Paragraph 15.

               (h)   Type of Shares. Each Option granted under this Paragraph 8
                     --------------
shall be an Option to purchase Shares of the Company's Class A Special Common
Stock, par value, $1.00.

           9.  Limitation on Exercise of Incentive Stock Options

           The aggregate Fair Market Value (determined as of the time Options
are granted) of the Shares with respect to which Incentive Stock Options may
first become exercisable by an Optionee in any one calendar year under the Plan
and any other plan of the Company shall not exceed $100,000. The limitations
imposed by this Paragraph 9 shall apply only to Incentive Stock Options granted
under the Plan, and not to any other options or stock appreciation rights. In
the event an individual receives an Option intended to be an Incentive Stock
Option which is subsequently determined to have exceeded the limitation set
forth above, or if an individual receives Options that first become exercisable
in a calendar year (whether pursuant to the terms of an option document,
acceleration of exercisability or other change in the terms and conditions of
exercise or any other reason) that have an aggregate Fair Market Value
(determined as of the time the Options are granted) that exceeds the limitations
set forth above, the Options in excess of the limitation shall be treated as
Non-Qualified Options.

           10. Rights as Shareholders

           An Optionee shall not have any right as a shareholder with respect to
any Shares subject to his Options until the Option shall have been exercised in
accordance with the terms of

                                      -13-
<PAGE>

the Plan and the option document and the Optionee shall have paid the full
purchase price for the number of Shares in respect of which the Option was
exercised and the Optionee shall have made arrangements acceptable to the
Sponsor for the payment of applicable taxes consistent with Paragraph 16.

           11. Changes in Capitalization

               (a)   Except as provided in Paragraph 11(b), in the event that
Shares are changed into or exchanged for a different number or kind of shares of
stock or other securities of the Sponsor, whether through merger, consolidation,
reorganization, recapitalization, stock dividend, stock split-up or other
substitution of securities of the Sponsor, the Board shall make appropriate
equitable anti-dilution adjustments to the number and class of shares of stock
available for issuance under the Plan, and subject to outstanding Options, and
to the option prices and the amounts payable pursuant to any Cash Rights. Any
reference to the option price in the Plan and in option documents shall be a
reference to the option price as so adjusted. Any reference to the term "Shares"
in the Plan and in option documents shall be a reference to the appropriate
number and class of shares of stock available for issuance under the Plan, as
adjusted pursuant to this Paragraph 11. The Board's adjustment shall be
effective and binding for all purposes of this Plan.

               (b)   Paragraph 11(a) shall not apply to the number of Shares
that become subject to the grant of Options under Paragraph 8(a). Paragraph
11(a) shall apply for the purpose of making appropriate equitable anti-dilution
adjustments to Options granted pursuant to Paragraph 8(a) before the effective
date of the relevant event giving rise to the adjustment under Paragraph 11(a).

           12. Terminating Events

               (a)   The Sponsor shall give Optionees at least thirty (30) days'
notice (or, if not practicable, such shorter notice as may be reasonably
practicable) prior to the anticipated date of the consummation of a Terminating
Eve Upon receipt of such notice, and for a period of ten (10) days thereafter
(or such shorter period as the Board shall reasonably determine and so notify
the Optionees), each Optionee shall be permitted to exercise the Option to the
extent the Option is then exercisable; provided that, the Sponsor may, by
                                       -------------
similar notice, require the Optionee to exercise the Option, to the extent the
Option is then exercisable, or to forfeit the Option (or portion thereof, as
applicable). The Committee may, in its discretion, provide that upon the
Optionee's receipt of the notice of a Terminating Event under this Paragraph
12(a), the entire number of Shares covered by Options shall become immediately
exercisable.

                     (b)   Notwithstanding Paragraph 12(a), in the event the
Terminating Event is not consummated, the Option shall be deemed not to have
been exercised and shall be exercisable thereafter to the extent it would have
been exercisable if no such notice had been given.

           13. Interpretation

           The Committee shall have the power to interpret the Plan and to make
and amend rules for putting it into effect and administering it.  It is intended
that the Incentive Stock Options

                                      -14-
<PAGE>

granted under the Plan shall constitute incentive stock options within the
meaning of section 422 of the Code, and that Shares transferred pursuant to the
exercise of Non-Qualified Options shall constitute property subject to federal
income tax pursuant to the provisions of section 83 of the Code. The provisions
of the Plan shall be interpreted and applied insofar as possible to carry out
such intent.

           14. Amendments

           The Board or the Committee may amend the Plan from time to time in
such manner as it may deem advisable.  Nevertheless, neither the Board nor the
Committee may, without obtaining approval within twelve months before or after
such action by such vote of shareholders as may be required by Pennsylvania law
for any action requiring shareholder approval, or by a majority of votes cast at
a duly held shareholders' meeting at which a majority of all voting stock is
present and voting on such amendment, either in person or in proxy (but not, in
any event, less than the vote required pursuant to Rule 16b-3(b) under the 1934
Act) change the class of individuals eligible to receive an Incentive Stock
Option, extend the expiration date of the Plan, decrease the minimum option
price of an Incentive Stock Option granted under the Plan or increase the
maximum number of shares as to which Options may be granted, except as provided
in Paragraph 11 hereof.  In addition, the provisions of Paragraph 8 that
determine (i) which directors shall be granted Options; (ii) the number of
Shares subject to Options; (iii) the option price of Shares subject to Options;
and (iv) the timing of grants of Options shall not be amended more than once
every six months, other than to comport with changes in the Code or the Employee
Retirement Income Security Act of 1974, as amended, if applicable.  No
outstanding Option shall be affected by any such amendment without the written
consent of the Optionee or other person then entitled to exercise such Option.

           15. Securities Law

               (a)   In General. The Committee shall have the power to make
                     ----------
each grant under the Plan subject to such conditions as it deems necessary or
appropriate to comply with the then-existing requirements of the 1933 Act or the
1934 Act, including Rule 16b-3 (or any similar rule) of the Securities and
Exchange Commission.

               (b)   Acknowledgment of Securities Law Restrictions on Exercise.
                     ---------------------------------------------------------
To the extent required by the Committee, unless the Shares subject to the
Opinion are covered by a then current registration statement or a Notification
under Regulation A under the 1933 Act, each notice of exercise of an Option
shall contain the Optionee's acknowledgment in form and substance satisfactory
to the Committee that:

                     (i)   the Shares subject to the Option are being
     purchased for investment and not for distribution or resale (other than a
     distribution or resale which, in the opinion of counsel satisfactory to the
     Sponsor, may be made without violating the registration provisions of the
     Act);

                     (ii)  the Optionee has been advised and understands
     that (A) the Shares subject to the Option have not been registered under
     the 1933 Act and are "restricted securities" within the meaning of Rule 144
     under the 1933 Act and are subject to restrictions on transfer and (B) the
     Sponsor is under no obligation to register the Shares

                                      -15-
<PAGE>

     subject to the Option under the 1933 Act or to take any action which would
     make available to the Optionee any exemption from such registration;

                     (iii) the certificate evidencing the Shares may bear a
     restrictive legend; and (iv) the Shares subject to the Option may not be
     transferred without compliance with all applicable federal and state
     securities laws.

               (c)   Delay of Exercise Pending Registration of Securities.
                     ----------------------------------------------------
Notwithstanding any provision in the Plan or an option document to the contrary,
if the Committee determines, in its sole discretion, that issuance of Shares
pursuant to the exercise of an Option should be delayed pending registration or
qualification under federal or state securities laws or the receipt of a legal
opinion that an appropriate exemption from the application of federal or state
securities laws is available, the Committee may defer exercise of any Option
until such Shares are appropriately registered or qualified or an appropriate
legal opinion has been received, as applicable.

           16. Withholding of Taxes on Exercise of Option

               (a)   Whenever the Company proposes or is required to deliver or
transfer Shares in connection with the exercise of an Option, the Company shall
have the right to (i) require the recipient to remit to the Sponsor an amount
sufficient to satisfy any federal, state and local withholding tax requirements
prior to the delivery or transfer of any certificate or certificates for such
Shares or (ii) take any action whatever that it deems necessary to protect its
interests with respect to tax liabilities. The Sponsor's obligation to make any
delivery or transfer of Shares on the exercise of an Option shall be conditioned
on the recipient's compliance, to the Sponsor's satisfaction, with any
withholding requirement. In addition, if the Committee grants Options or amends
option documents to permit Options to be transferred during the life of the
Optionee, the Committee may include in such option documents such provisions as
it determines are necessary or appropriate to permit the Company to deduct
compensation expenses recognized upon exercise of such Options for federal or
state income tax purposes.

               (b)   Except as otherwise provided in this Paragraph 16(b), any
tax liabilities incurred in connection with the exercise of an Option under the
Plan other than an Incentive Stock Option shall be satisfied by the Sponsor's
withholding a portion of the Shares underlying the Option exercised having a
Fair Market Value approximately equal to the minimum amount of taxes required to
be withheld by the Sponsor under applicable law, unless otherwise determined by
the Committee with respect to any Optionee. Notwithstanding the foregoing, the
Committee may permit an Optionee to elect one or both of the following: (i) to
have taxes withheld in excess of the minimum amount required to be withheld by
the Sponsor under applicable law; provided that the Optionee certifies in
writing to the Sponsor that the Optionee owns a number of Other Available Shares
having a Fair Market Value that is at least equal to the Fair Market Value of
Option Shares to be withheld by the Company for the then-current exercise on
account of withheld taxes in excess of such minimum amount, and (ii) to pay to
the Sponsor in cash all or a portion of the taxes to be withheld upon the
exercise of an Option. In all cases, the Shares so withheld by the Company shall
have a Fair Market Value that does not exceed the amount of taxes to be withheld
minus the cash payment, if any, made by the

                                      -16-
<PAGE>

Optionee. Any election pursuant to this Paragraph 16(b) must be in writing made
prior to the date specified by the Committee, and in any event prior to the date
the amount of tax to be withheld or paid is determined. An election pursuant to
this Paragraph 16(b) may be made only by an Optionee or, in the event of the
Optionee's death, by the Optionee's legal representative. No Shares withheld
pursuant to this Paragraph 16(b) shall be available for subsequent grants under
the Plan. The Committee may add such other requirements and limitations
regarding elections pursuant to this Paragraph 16(b) as it deems appropriate.

               (c)   Except as otherwise provided in this Paragraph 16(c), any
tax liabilities incurred in connection with the exercise of an Incentive Stock
Option under the Plan shall be satisfied by the Optionee's payment to the
Sponsor in cash all of the taxes to be withheld upon exercise of the Incentive
Stock Option. Notwithstanding the foregoing, the Committee may permit an
Optionee to elect to have the Sponsor withhold a portion of the Shares
underlying the Incentive Stock Option exercised having a Fair Market Value
approximately equal to the minimum amount of taxes required to be withheld by
the Sponsor under applicable law. Any election pursuant to this Paragraph 16(c)
must be in writing made prior to the date specified by the Committee, and in any
event prior to the date the amount of tax to be withheld or paid is determined.
An election pursuant to this Paragraph 16(c) may be made only by an Optionee or,
in the event of the Optionee's death, by the Optionee's legal representative. No
Shares withheld pursuant to this Paragraph 16(c) shall be available for
subsequent grants under the Plan. The Committee may add such other requirements
and limitations regarding elections pursuant to this Paragraph 16(c) as it deems
appropriate.

           17. Effective Date and Term of Plan

           This amendment and restatement of the Plan is effective as of June 5,
2001.  The Plan shall expire no later than March 13, 2006, the tenth anniversary
of the date the Plan was initially adopted by the Board, unless sooner
terminated by the Board.

           18. General

          Each Option shall be evidenced by a written instrument containing such
terms and conditions not inconsistent with the Plan as the Committee may
determine.  The issuance of Shares on the exercise of an Option shall be subject
to all of the applicable requirements of the corporation law of the Sponsor's
state of incorporation and other applicable laws, including federal or state
securities laws, and all Shares issued under the Plan shall be subject to the
terms and restrictions contained in the Articles of Incorporation and By-Laws of
the Sponsor, as amended from time to time.

                   Executed as of the 5th day of June, 2001.

                                    COMCAST CORPORATION

                                    By: /s/ Stanley L. Wang
                                        -------------------

                                    Attest: /s/ Arthur R. Block
                                            -------------------

                                      -17-EXHIBIT 4.1

                            STOCK OPTION PLAN OF 2001
                               OF TRADEQWEST, INC.
                            ------------------------

SECTION 1. PURPOSE OF THE PLAN. The purpose of this Stock Option Plan of 2000
(the "Plan") is to promote the growth and general prosperity of TradeQwest,
Inc., a Delaware corporation (the "Company"), by permitting the Company to grant
options to purchase shares of the Company's Common Stock, $.001 par value (the
"Common Stock"), to directors, officers, employees and consultants of the
Company and, when and if incorporated, subsidiaries thereof. The Plan is
designed to help attract and retain superior personnel for positions of
substantial responsibility with the Company and, if incorporated, its
subsidiaries and to provide directors, officers, employees and consultants with
an additional incentive to contribute to the success of the Company and, if
incorporated, its subsidiaries.

SECTION 2. DEFINITIONS. In addition to the definitions used in Section 1 hereof,
as used herein, the following definitions shall apply:

     (a) "Administrator" means the Board or any of its Committees appointed
pursuant to Section 4 of the Plan.

     (b) "Applicable Laws" means the legal requirements relating to the
administration of stock option plans under applicable United States state
corporate laws, United States federal and applicable state securities laws, the
Code, any Stock Exchange or Nasdaq rules or regulations and the applicable laws
of any other country or jurisdiction where Options are granted under the Plan,
as such laws, rules, regulations and requirements shall be in effect from time
to time.

     (c) "Board" means the Board of Directors of the Company.

     (d) "Code" means the Internal Revenue Code of 1986, as amended.

     (e) "Committee" means the Committee appointed by the Board of Directors in
accordance with Sections 4(a) and (b) of the Plan.

     (f) "Consultant" means any person, including an advisor, who is engaged by
the Company or any Subsidiary to render services in a capacity other than an
Employee and is compensated for such services and any director or officer of the
Company whether compensated for such services or not who is not an Employee. To
be eligible to receive an Option under the Plan, a Consultant must be a natural
person and must provide bona fide services to the Company or a Subsidiary which
are not in connection with the offer or sale of securities of the Company in a
capital raising transaction and do not directly or indirectly promote or
maintain a market for the Company's securities.

                                       1
<PAGE>

     (g) "Continuous Status as an Employee or Consultant" means the absence of
any interruption or termination of service as an Employee or Consultant.
Continuous Status as an Employee or Consultant shall not be considered
interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other
leave of absence approved by the Administrator, provided that such leave is for
a period of not more than 90 days, unless reemployment upon the expiration of
such leave is guaranteed by contract or statute, or unless provided otherwise
pursuant to any Company policy adopted from time to time; or (iv) transfers
between locations of the Company or between the Company, its Subsidiaries or
their respective successors. For purposes of this Plan, a change in status from
an Employee to a Consultant or from a Consultant to an Employee will not
constitute an interruption of Continuous Status as an Employee or Consultant.

     (h) "Employee" means any person, including officers and directors, employed
by the Company or any Subsidiary of the Company, with the status of employment
determined based upon such minimum number of hours or periods worked as shall be
determined by the Administrator in its discretion, subject to any requirements
of the Code. The payment by the Company of a director's fee to a director shall
not be sufficient to constitute "employment" of such director by the Company.

     (i) "Exchange Act" means the Securities Exchange Act of 1934, as amended.

     (j) "Fair Market Value" means, as of any date, the fair market value of the
Common Stock determined as follows:

       (i) If the Common Stock is listed on any established Stock Exchange or
traded on the Nasdaq System (whether its National Market System or its SmallCap
Market), its Fair Market Value shall be the closing sales price for the Common
Stock (or the closing bid price, if no sales were reported) as quoted on such
Exchange or the Nasdaq System, or, if traded on more than one Exchange, the
Exchange with the greatest volume of trading in the Common Stock on the date of
determination or, if such date is not a market trading day, on the last market
trading day prior to the time of determination, as reported in The Wall Street
Journal or such other source as the Administrator deems reliable;

       (ii) If the Common Stock is quoted on the NASD's OTC Bulletin Board or
regularly quoted by a recognized securities dealer but selling prices are not
reported, its Fair Market Value shall be the mean between the high bid and low
asked prices for the Common Stock on the date of determination or, if such date
is not a market trading day, on the last market trading day prior to the time of
determination, as reported in The Wall Street Journal or such other source as
the Administrator deems reliable; or

       (iii) In the absence of an established market for the Common Stock, the
Fair Market Value thereof shall be determined in good faith by the
Administrator.

     (k) "Incentive Stock Option" means an Option intended to qualify as an
incentive stock option within the meaning of Section 422 of the Code, or any
successor provision, as designated in the applicable written Option Agreement.

                                       2
<PAGE>

     (l) "Listed Security" means any security of the Company that is listed or
approved for listing on a national securities exchange or designated or approved
for trading on the Nasdaq System. (m) "Nasdaq" means The Nasdaq Stock Market,
Inc.

     (n) "NASD" means the National Association of Securities Dealers, Inc.

     (o) "Nonqualified Stock Option" means an Option not intended to qualify as
an Incentive Stock Option as designated in the applicable written Option
Agreement.

     (p) "Option" means a stock option granted pursuant to the Plan.

     (q) "Option Agreement" means a written agreement between an Optionee and
the Company reflecting the terms of an Option granted under the Plan and
includes any documents attached to such Option Agreement, including, but not
limited to, a notice of stock option grant and a form of exercise notice.

     (r) "Optioned Stock" means the Common Stock subject to an Option.

     (s) "Optionee" means an Employee or Consultant who is granted an Option.

     (t) "Reporting Person " means an officer, director, or greater than 10%
stockholder of the Company within the meaning of Rule 16a-2 under the Exchange
Act, or any successor provision, who is required to file reports pursuant to
Rule 16a-3 under the Exchange Act.

     (u) "Rule 16b-3" means Rule 16b-3 promulgated under the Exchange Act, as
the same may be amended from time to time, or any successor provision.

     (v) "Securities Act" means the Securities Act of 1933, as amended.

     (w) "Share" means a share of the Common Stock, as adjusted in accordance
with Section 11 of the Plan.

     (x) "Stock Exchange" means any national securities exchange on which prices
for the Common Stock are quoted at any given time.

     (y) "Subsidiary" means a "subsidiary corporation," whether now or hereafter
existing, as defined in Section 424(f) of the Code, or any successor provision.

SECTION 3. STOCK SUBJECT TO THE PLAN. Subject to the provisions of Section 11 of
the Plan, the maximum aggregate number of Shares that may be optioned and sold
under the Plan is 1,100,000 shares of Common Stock. The Shares may be
authorized, but unissued, or reacquired shares of the Common Stock. If an Option
should expire or become unexercisable for any reason without having been
exercised in full, the unpurchased Shares that were subject thereto shall,
unless the Plan shall have been terminated, become available for future grant
under the Plan. In addition, any Shares which are retained by the Company upon
exercise of an Option in order to satisfy the exercise price for such Option or
any withholding taxes due with respect to such exercise shall be treated as not

                                       3
<PAGE>

issued and shall continue to be available for future grant under the Plan.
Shares of the Common Stock repurchased by the Company pursuant to any repurchase
right which the Company may have shall not be available for future grant under
the Plan.

SECTION 4   ADMINISTRATION OF THE PLAN.

     (a) INITIAL PLAN PROCEDURE. Prior to the date, if any, upon which the
Company becomes subject to the Exchange Act, the Plan shall be administered by
the Board or a Committee appointed by the Board.

     (b) PLAN PROCEDURE AFTER THE DATE, IF ANY, UPON WHICH THE COMPANY BECOMES
SUBJECT TO THE EXCHANGE ACT.

       (i) MULTIPLE ADMINISTRATION BODIES. If permitted by Rule 16b-3, grants
under the Plan may be made by different bodies with respect to directors,
non-director officers and Employees or Consultants who are not Reporting
Persons.

       (ii) ADMINISTRATION WITH RESPECT TO REPORTING PERSONS. With respect to
grants of Options to Employees or Consultants who are Reporting Persons, such
grants shall be made by (A) the Board if the Board may make grants to Reporting
Persons under the Plan in compliance with Rule 16b-3, or (B) a Committee
designated by the Board to make grants to Reporting Persons under the Plan,
which Committee shall be constituted in such a manner as to permit grants under
the Plan to comply with Rule 16b-3. Once appointed, such Committee shall
continue to serve in its designated capacity until otherwise directed by the
Board. From time to time the Board may increase the size of the Committee and
appoint additional members thereof, remove members (with or without cause) and
appoint new members in substitution therefor, fill vacancies, however caused,
and remove all members of the Committee and thereafter directly make grants to
Reporting Persons under the Plan, all to the extent permitted by Rule 16b-3.

       (iii) ADMINISTRATION WITH RESPECT TO OTHER CONSULTANTS AND OTHER
EMPLOYEES. With respect to grants of Options to Employees or Consultants who are
not Reporting Persons, the Plan shall be administered by (A) the Board or (B) a
Committee designated by the Board, which Committee shall be constituted in such
a manner as to satisfy the Applicable Laws. Once appointed, such Committee shall
continue to serve in its designated capacity until otherwise directed by the
Board. From time to time the Board may increase the size of the Committee and
appoint additional members thereof, remove members (with or without cause) and
appoint new members in substitution therefor, fill vacancies, however caused,
and remove all members of the Committee and thereafter directly administer the
Plan, all to the extent permitted by the Applicable Laws.

     (c) POWER OF THE ADMINISTRATOR. Subject to the provisions of the Plan,
Applicable Laws and in, the case of a Committee, the specific duties delegated
by the Board to such Committee, and subject to the approval of any relevant
authorities, including the approval, if required, of any Stock Exchange or
Nasdaq, the Administrator shall have the authority, in its discretion:

                                       4
<PAGE>

       (i) to determine the Fair Market Value of the Common Stock in accordance
with Section 2(j) of the Plan;

       (ii) to select the Consultants and Employees to whom Options may from
time to time be granted hereunder;

       (iii) to determine whether and to what extent Options are granted
hereunder;

       (iv) to determine the number of shares of the Common Stock to be covered
BY each such Option granted hereunder;

       (v) to approve forms of agreement for use under the Plan;

       (vi) to determine the terms and conditions, not inconsistent with the
terms of the Plan, of any award granted hereunder;

       (vii) to determine the consideration to be paid upon exercise of an
Option consistent with Section 8(b) hereof;

       (viii) to reduce the exercise price of any Option to the then current
Fair Market Value if the Fair Market Value of the Common Stock covered by such
Option shall have declined since the date the Option was granted;

       (ix) to construe and interpret the terms of the Plan and Options granted
pursuant to the Plan; and

       (x) in order to fulfill the purposes of the Plan and without amending the
Plan, to modify grants of Options to participants who are foreign nationals or
employed outside of the United States in order to recognize differences in local
law, tax policies or customs.

     (d) EFFECT OF ADMINISTRATOR'S DECISION. All decisions, determinations and
interpretations of the Administrator shall be final and binding on all holders
of Options.

SECTION 5.   ELIGIBILITY.

(A) RECIPIENTS OF GRANTS. Nonqualified Stock Options may be granted to Employees
and Consultants. Incentive Stock Options may be granted only to Employees. An
Employee or Consultant who has been granted an Option may, if he or she is
otherwise eligible, be granted additional Options.

(B) TYPE OF OPTION. Each Option shall be designated in the Option Agreement as
either an Incentive Stock Option or a Nonqualified Stock Option. However,
notwithstanding such designations, to the extent that the aggregate Fair Market
Value of Shares with respect to which Options designated as Incentive Stock
Options are exercisable for the first time by any Optionee during any calendar
year (under all plans of the Company or any Subsidiary) exceeds $300,000, such
Options shall be treated as Nonqualified Stock Options with respect to the
excess Shares. For purposes of this Section 5(b), Incentive Stock Options shall
be taken into account in the order in which they were granted, and the Fair
Market Value of the Shares subject to an Incentive Stock Option shall be
determined as of the date of the grant of such Option.

                                       5
<PAGE>

(C) NO EFFECT ON EMPLOYMENT OR CONSULTING RIGHTS. The Plan shall not confer upon
the holder of any Option any right with respect to continuation of employment or
consulting relationship with the Company, nor shall it interfere in any way with
such holder's right or the Company's right to terminate his or her employment or
consulting relationship at any time, with or without cause.

SECTION 6. TERM OF PLAN. The Plan shall become effective upon the earlier to
occur of its adoption by the Board of Directors or its approval by the
stockholders of the Company as described in Section 18 of the Plan. It shall
continue in effect for a term of ten years unless sooner terminated under
Section 14 of the Plan.

SECTION 7. TERM OF OPTION. The term of each Option shall be the term stated in
the Option Agreement; provided, however, that the term shall be no more than ten
years from the date of grant thereof or such shorter term as may be provided in
the Option Agreement and provided further that, in the case of an Incentive
Stock Option granted to an Optionee who, at the time the Option is granted, owns
stock representing more than 10% of the total combined voting power of all
classes of stock of the Company or any Subsidiary, the term of the Option shall
be five years from the date of grant thereof or such shorter term as may be
provided in the Option Agreement.

SECTION 8.   OPTION EXERCISE PRICE AND CONSIDERATION.

     (a) PER SHARE EXERCISE PRICE. The per share exercise price for the Shares
to be issued pursuant to exercise of an Option shall be such price as is
determined by the Administrator and set forth in the applicable Option
Agreement, but shall be subject to the following:

       (i) In the case of an Incentive Stock Option that is:

          (A) granted to an Employee who, at the time of the grant of such
     Incentive Stock Option, owns stock representing more than 10% of the total
     combined voting power of all classes of stock of the Company or any
     Subsidiary, the per Share exercise price shall be no less than 110% of the
     Fair Market Value per Share on the date of grant.

          (B) granted to any other Employee, the per Share exercise price shall
     be no less than 100% of the Fair Market Value per Share on the date of
     grant.

       (ii) In the case of a Nonqualified Stock Option that is:

          (A) granted prior to the date, if any, on which the Common Stock
     becomes a Listed Security to a person who, at the time of the grant of such
     Option, owns stock representing more than 10% of the total combined voting
     power of all classes of stock of the Company or any Parent or Subsidiary,
     the per Share exercise price shall be no less than 110% of the Fair Market
     Value per Share on the date of grant if required by the Applicable Laws
     and, if not so required, shall be such price as is determined by the
     Administrator.

                                       6
<PAGE>

          (B) granted prior to the date, if any, on which the Common Stock
     becomes a Listed Security to any other person, the per Share exercise price
     shall be no less than 85% of the Fair Market Value per Share on the date of
     grant if required by Applicable Laws and, if not so required, shall be such
     price as is determined by the Administrator.

     (b) CONSIDERATION. The consideration to be paid for the Shares to be issued
upon exercise of an Option, including the method of payment, shall be determined
by the Administrator. The consideration may consist entirely of (i) cash, (ii)
check, (iii) promissory note (subject to the provisions of Applicable Laws),
(iv) other Shares that (A), in the case of Shares acquired upon exercise of an
Option, have been owned by the Optionee for more than six months on the date of
surrender or such other period as may be required to avoid a charge to the
Company's earnings, and (B) have a Fair Market Value on the date of surrender
equal to the aggregate exercise price of the Shares as to which such Option
shall be exercised, (v) authorization for the Company to retain from the total
number of Shares as to which the Option is exercised that number of Shares
having a Fair Market Value on the date of exercise equal to the exercise price
for the total number of Shares as to which the Option is exercised, (vi)
delivery of a properly executed exercise notice together with such other
documentation as the Administrator and the broker, if applicable, shall require
to effect an exercise of the Option and delivery to the Company of the sale or
loan proceeds required to pay the exercise price and any applicable income or
employment taxes, (vii) delivery of an irrevocable subscription agreement for
the Shares that irrevocably obligates the option holder to take and pay for the
Shares not more than twelve months after the date of delivery of the
subscription agreement, (viii) any combination of the foregoing methods of
payment, or (ix) such other consideration and method of payment for the issuance
of Shares to the extent permitted under the Applicable Laws. In making its
determination as to the type of consideration to accept, the Administrator shall
consider if acceptance of such consideration may be reasonably expected to
benefit the Company.

SECTION 9.   EXERCISE OF OPTION.

     (a) PROCEDURE FOR EXERCISE. Any Option granted hereunder shall be
exercisable at such times and under such conditions as determined by the
Administrator and reflected in the Option Agreement, which may include vesting
requirements and/or performance criteria with respect to the Company and/or the
Optionee. In the event that any of the Shares issued upon exercise of an Option
(which exercise occurs prior to the date, if any, upon which the Common Stock
becomes a Listed Security) should be subject to a right of repurchase in the
Company's favor, such repurchase right shall, if required by the Applicable
Laws, lapse at the rate of at least 20% per year over five years from the date
the Option is granted. Notwithstanding the above, in the case of an Option
granted to an officer, director or Consultant of the Company or any Subsidiary
of the Company, the Option may become fully exercisable, and a repurchase right,
if any, in favor of the Company shall lapse, at any time or during any period
established by the Administrator.

                                       7
<PAGE>

         An Option shall be deemed to be exercised when written notice of such
exercise has been given to the Company in accordance with the terms of the
Option by the person entitled to exercise the Option and the Company has
received full payment for the Shares with respect to which the Option is
exercised. Full payment may, as authorized by the Administrator, consist of any
consideration and method of payment allowable under Section 8(b) of the Plan.

         Exercise of an Option in any manner shall result in a decrease in the
number of Shares that thereafter may be available, both for purposes of the Plan
and for sale under the Option, by the number of Shares as to which the Option is
exercised.

     (b) FRACTIONAL SHARES. An Option may not be exercised for a fraction of a
Share. Any fraction of a Share shall be raised or lowered to the nearest whole
Share.

     (c) RIGHTS AS STOCKHOLDERS. Until the issuance (as evidenced by the
appropriate entry on the books of the Company or of a duly authorized transfer
agent of the Company) of the stock certificate evidencing the Shares issuable
upon exercise of an Option, no right to vote or receive dividends or any other
rights as a stockholder shall exist with respect to the Optioned Stock,
notwithstanding the exercise of the Option. The Company shall issue (or cause to
be issued) such stock certificate promptly upon exercise of the Option. No
adjustment will be made for a dividend or other right for which the record date
is prior to the date the stock certificate is issued, except as provided in
Section 11 of the Plan.

     (d) TERMINATION OF EMPLOYMENT OR CONSULTING RELATIONSHIP. Subject to
Section 9(e) below, in the event of termination of an Optionee's Continuous
Status as an Employee or Consultant with the Company, such Optionee may, but
only within three months (or such other period of time not less than 30 days as
is determined by the Administrator, with such determination in the case of an
Incentive Stock Option being made at the time of grant of the Option and not
exceeding three months) after the date of such termination (but in no event
later than the expiration date of the term of such Option as set forth in the
Option Agreement), exercise his or her Option to the extent that the Optionee
was entitled to exercise it at the date of such termination. To the extent that
the Optionee was not entitled to exercise the Option at the date of such
termination, or if the Optionee does not exercise such Option to the extent so
entitled within the time specified herein, the Option shall terminate. No
termination shall be deemed to occur and this Section 9(d) shall not apply if
(i) the Optionee is a Consultant who becomes an Employee, or (ii) the Optionee
is an Employee who becomes a Consultant.

     (e) DISABILITY OF OPTIONEE.

       (i) Notwithstanding Section 9(d) above, in the event of termination of an
Optionee's Continuous Status as an Employee or Consultant as a result of his or
her total and permanent disability (within the meaning of Section 22(e)(3) of
the Code), such Optionee may, but only within 12 months from the date of such
termination (but in no event later than the expiration date of the term of such

                                       8
<PAGE>

Option as set forth in the Option Agreement), exercise the Option to the extent
otherwise entitled to exercise it at the date of such termination. To the extent
that the Optionee was not entitled to exercise the Option at the date of
termination, or if the Optionee does not exercise such Option to the extent so
entitled within the time specified herein, the Option shall terminate.

       (ii) In the event of termination of an Optionee's Continuous Status as an
Employee or Consultant as a result of a disability which does not fall within
the meaning of total and permanent disability (as set forth in Section 22(e)(3)
of the Code), such Optionee may, but only within six months from the date of
such termination (but in no event later than the expiration date of the term of
such Option as set forth in the Option Agreement), exercise the Option to the
extent otherwise entitled to exercise it at the date of such termination.
However, to the extent that such Optionee fails to exercise an Option which is
an Incentive Stock Option (within the meaning of Section 422 of the Code) within
three months of the date of such termination, the Option will not qualify for
Incentive Stock Option treatment under the Code. To the extent that the Optionee
was not entitled to exercise the Option at the date of termination, or if the
Optionee does not exercise such Option to the extent so entitled within six
months or three months, as the case may be, from the date of termination, the
Option shall terminate.

     (f) DEATH OF OPTIONEE. In the event of the death of an Optionee during the
period of Continuous Status as an Employee or Consultant since the date of grant
of the Option, or within 30 days following termination of the Optionee's
Continuous Status as an Employee or Consultant, the Option may be exercised, at
any time within 12 months following the date of death (but in no event later
than the expiration date of the term of such Option as set forth in the Option
Agreement), by such Optionee's estate or by a person who acquired the right to
exercise the Option by bequest or inheritance, but only to the extent of the
right to exercise that had accrued at the date of death or, if earlier, the date
of termination of the Optionee's Continuous Status as an Employee or Consultant.
To the extent that the Optionee was not entitled to exercise the Option at the
date of death or termination, as the case may be, or if the Optionee does not
exercise such Option to the extent so entitled within the time specified herein,
the Option shall terminate.

     (g) Anything in subsections (d), (e) and (f) of this Section 9
notwithstanding and always subject to Applicable Laws, particularly the Code in
the case of an Incentive Stock Option, the Administrator may provide in the
Option Agreement for a different date of termination (but in no event later than
the expiration date of the term of the Option) and may provide for termination
in the event of certain events which the Administrator shall define as Cause or
as shall be so defined in any employment or consulting agreement between the
Company and the Optionee.

     (h) RULE 16B-3. Options granted to Reporting Persons shall comply with Rule
16b-3 and shall contain such additional conditions or restrictions as may be
required thereunder to qualify for the maximum exemption for Plan transactions.

                                       9
<PAGE>

SECTION 10. STOCK WITHHOLDING TO SATISFY WITHHOLDING TAX OBLIGATIONS. At the
discretion of the Administrator, Optionees may satisfy withholding obligations
as provided in this Section 10. When an Optionee incurs tax liability in
connection with an Option, which tax liability is subject to tax withholding
under applicable tax laws, and the Optionee is obligated to pay the Company an
amount required to be withheld under applicable tax laws, the Optionee may
satisfy the withholding tax obligation by one or some combination of the
following methods: (a) by cash or check payment, (b) out of the Optionee's
current compensation, (c) if permitted by the Administrator, in its discretion,
by surrendering to the Company Shares that (i), in the case of Shares previously
acquired from the Company, have been owned by the Optionee for more than six
months on the date of surrender, and (ii) have a Fair Market Value on the date
of surrender equal to or more than the Optionee's marginal tax rate times the
ordinary income recognized, or (d) by electing to have the Company withhold from
the Shares to be issued upon exercise of the Option, if any, that number of
Shares having a Fair Market Value equal to the amount required to be withheld.
For this purpose, the Fair Market Value of the Shares to be withheld shall be
determined on the date that the amount of tax to be withheld is to be determined
(the "Tax Date").

         Any surrender by a Reporting Person of previously owned Shares to
satisfy tax withholding obligations arising upon exercise of this Option must
comply with the applicable provisions of Rule 16b-3.

         All elections by an Optionee to have Shares withheld to satisfy tax
withholding obligations shall be made in writing in a form acceptable to the
Administrator and shall be subject to the following restrictions:

     (a) the election must be made on or prior to the applicable Tax Date;

     (b) once made, the election shall be irrevocable as to the particular
Shares of the Option as to which the election is made; and

     (c) all elections shall be subject to the consent or disapproval of the
Administrator.

SECTION 11. ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, MERGER OR CERTAIN OTHER
                TRANSAcTIONS.

     (a) CHANGE IN CAPITALIZATION. Subject to any required action by the
stockholders of the Company, the number of shares of Common Stock covered by
each outstanding Option, and the number of shares of Common Stock that have been
authorized for issuance under the Plan but as to which no Options have yet been
granted or that have been returned to the Plan upon cancellation or expiration
of an Option, as well as the exercise price per share of Common Stock covered by
each such outstanding Option, shall be proportionately adjusted for any increase
or decrease in the number of issued shares of Common Stock resulting from a
stock split, reverse stock split, stock dividend, combination, recapitalization

                                       10
<PAGE>

or reclassification of the Common Stock, or any other increase or decrease in
the number of issued shares of the Common Stock effected without receipt of
consideration by the Company; provided, however, that conversion of any
convertible securities of the Company shall not be deemed to have been "effected
without receipt of consideration." Such adjustment shall be made by the
Administrator, whose determination in that respect shall be final, binding and
conclusive. Except as expressly provided herein, no issuance by the Company of
shares of stock of any class, or securities convertible into shares of stock of
any class, shall affect, and no adjustment by reason thereof shall be made with
respect to, the number or price of shares of Common Stock subject to an Option.

     (b) DISSOLUTION OR LIQUIDATION. In the event of the proposed dissolution or
liquidation of the Company, the Administrator shall notify the Optionee at least
15 days prior to such proposed action. To the extent it has not been previously
exercised, the Option will terminate immediately prior to the consummation of
such proposed action.

     (c) MERGER OR SALE OF ASSETS. In the event of a proposed sale of all or
substantially all of the Company's assets or a merger of the Company with or
into another corporation where the successor corporation issues its securities
to the Company's stockholders, each outstanding Option shall be assumed or an
equivalent option shall be substituted by such successor corporation or a parent
or subsidiary of such successor corporation, unless the successor corporation
does not agree to assume the Option or to substitute an equivalent option, in
which case such Option shall terminate upon the consummation of the merger or
sale of assets.

     (d) CERTAIN DISTRIBUTIONS. In the event of any distribution to the
Company's stockholders of securities of any other entity or other assets (other
than dividends payable in cash or stock of the Company) without receipt of
consideration by the Company, the Administrator may, in its discretion,
appropriately adjust the price per share of Common Stock covered by each
outstanding Option to reflect the effect of such distribution.

SECTION 12. NON-TRANSFERABILITY OF OPTIONS. Options may not be sold, pledged,
assigned, hypothecated, transferred, or disposed of in any manner other than by
will or by the laws of descent or distribution and may be exercised during the
lifetime of the Optionee only by the Optionee.

SECTION 13. TIME OF GRANTING OPTIONS. The date of grant of an Option shall, for
all purposes, be the date on which the Administrator makes the determination
granting such Option, or such other date as is determined by the Board;
provided, however, that in the case of any Incentive Stock Option, the grant
date shall be the later of the date on which the Administrator makes the
determination granting such Incentive Stock Option or the date of commencement
of the Optionee's employment relationship with the Company. Notice of the
determination shall be given to each Employee or Consultant to whom an Option is
so granted within a reasonable time after the date of such grant.

                                       11
<PAGE>

SECTION 14.   AMENDMENT AND TERMINATION OF THE PLAN.

     (a) AUTHORITY TO AMEND OR TERMINATE. The Board may at any time amend,
alter, suspend or discontinue the Plan, but no amendment, alteration, suspension
or discontinuation shall be made that would impair the rights of any Optionee
under any grant theretofore made, without his or her consent. In addition, to
the extent necessary and desirable to comply with Rule 16b-3 or with Section 422
of the Code (or any other applicable law or regulation, including the
requirements of any Stock Exchange or Nasdaq), the Company shall obtain
stockholder approval of any Plan amendment in such a manner and to such a degree
as required.

(b) EFFECT OF AMENDMENT OR TERMINATION. No amendment or termination of the Plan
shall adversely affect Options already granted, unless mutually agreed otherwise
between the Optionee and the Board, which agreement must be in writing and
signed by the Optionee and the Company.

SECTION 15. CONDITIONS UPON ISSUANCE OF SHARES. Shares shall not be issued
pursuant to the exercise of an Option unless the exercise of such Option and the
issuance and delivery of such Shares pursuant thereto shall comply with all
relevant provisions of law, including, without limitation, the Securities Act,
the Exchange Act, the rules and regulations promulgated under the Securities Act
or the Exchange Act, and the requirements of any Stock Exchange or Nasdaq.

         As a condition to the exercise of an Option, the Company may require
the person exercising such Option to represent and warrant at the time of any
such exercise that the Shares are being purchased only for investment and
without any present intention to sell or distribute such Shares if, in the
opinion of counsel for the Company, such a representation is required by law.

SECTION 16. RESERVATION OF SHARES. The Company, during the term of this Plan,
will at all times reserve and keep available such number of Shares as shall be
sufficient to satisfy the requirements of the Plan. The inability of the Company
to obtain authority from any regulatory body having jurisdiction, which
authority is deemed by the Company's counsel to be necessary to the lawful
issuance and sale of any Shares hereunder, shall relieve the Company of any
liability in respect of the failure to issue or sell such Shares as to which
such requisite authority shall not have been obtained.

SECTION 17. OPTION AGREEMENTS. Options shall be evidenced by written Option
Agreements in such form(s) as the Administrator shall approve from time to time.

SECTION 18. STOCKHOLDER APPROVAL. Continuance of the Plan shall be subject to
approval by the stockholders of the Company within 12 months before or after the
date the Plan is adopted. Such stockholder approval shall be obtained in the
degree and manner required under applicable state and federal law and the rules
of any Stock Exchange upon which the Common Stock is listed or Nasdaq if the
Common Stock is traded therein. All Options issued under the Plan shall become
void in the event such approval is not obtained.

                                       12
<PAGE>

SECTION 19. INFORMATION AND DOCUMENTS TO OPTIONEES. Prior to the date, if any,
upon which the Common Stock becomes a Listed Security and if required by the
Applicable Laws, the Company shall provide financial statements at least
annually to each Optionee and to each individual who acquired Shares Pursuant to
the Plan, during the period such Optionee has one or more Options outstanding,
and in the case of an individual who acquired Shares pursuant to the Plan,
during the period such individual owns such Shares. The Company shall not be
required to provide such information if the issuance of Options under the Plan
is limited to key employees whose duties in connection with the Company assure
their access to equivalent information. In addition, at the time of issuance of
any securities under the Plan, the Company shall provide to the Optionee a copy
of the Plan and any agreement(s) pursuant to which securities granted under the
Plan are issued.

                                       13

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