Document:

EXHIBIT 10.2

                SECURED SERVICES INC. INCENTIVE STOCK OPTION PLAN

      1.    Definitions

            (a)   The "Company" means SecureD Services Inc.

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

            (c)   "Affiliated Institution" means any entity that is a parent or
                  subsidiary corporation of the Company (as defined in Section
                  425(e) and (f) of the Code).

            (d)   The "Plan" means this Incentive Stock Option Plan.

            (e)   "Shares" means common stock of the Company.

            (f)   "Outstanding Shares" is defined as the authorized and issued
                  common stock of the Company. Such issued stock may include
                  previously issued shares that have been reacquired by the
                  Company.

            (g)   The "Board" means the Board of Directors of the Company.

            (h)   "Option" means any option to purchase Shares as awarded under
                  the Plan.

            (i)   "Optionee" means any key employee or consultant of the Company
                  who is awarded an Option.

            (j)   "Optionee's Family" shall be limited to parents, brothers and
                  sisters, spouse, children (whether or not adopted) and
                  grandchildren, or a trust or family limited partnership of
                  which the beneficiaries or partners are limited to the
                  Optionee and such family.

            (k)   "Incentive Options" means Options which constitute Incentive
                  Stock Options under Section 422 of the Code.

            (l)   "Nonqualified Options" is defined as Options which do not
                  constitute Incentive Options.

            (m)   The "Stock Option Agreement" is an agreement which:

                  (i)   specifies the terms of the Option;

                  (ii)  shall expressly state or incorporate by reference the
                        provisions of this Plan;

                  (iii) shall state whether the option is an Incentive Option or
                        Nonqualified Option; and

                  (iv)  is executed by the Company and the Optionee as soon as
                        practicable after an award.

                  A copy of a standard Stock Option Agreement is attached to
                  this plan as Appendix A.

            (n)   The "Standard Terms and Conditions" are defined and specified
                  in the attached Stock Option Agreement.

            (o)   "Standard Vesting Schedule" is defined as the following
                  schedule by which Options will vest and become exercisable:
                  1/3rd of Shares granted through an Option shall vest and
                  become exercisable on the twelve month anniversary of the
                  grant date and 1/24th of such Shares shall vest on each
                  monthly anniversary thereafter until the total number of
                  Shares is vested.

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      2.    Purpose of the Plan

      This SECURED SERVICES INC. INCENTIVE STOCK OPTION PLAN is intended to (a)
provide incentive to key employees and consultants of the Company and its
Affiliated Institutions to stimulate their efforts to operate and manage the
Company in a manner that will provide for long-term growth and profitability of
the Company; (b) encourage stock ownership by key employees and consultants by
providing them with a means to acquire a proprietary interest and a sense of
personal involvement in the Company, and to receive compensation which is based
on appreciation in the value of the Shares, and (c) encourage key employees and
consultants to remain with and devote their best efforts to the business of the
Company, thereby advancing the interests of the Company and its shareholders.

Accordingly, the Company may grant one or more Options to designated employees
and consultants who shall then be entitled to acquire Shares pursuant to the
terms and conditions established herein and those conditions set forth in a
Stock Option Agreement entered into pursuant to Paragraph 5 below.

      3.    Administration of the Plan

      The Plan shall be administered by the Board. The Board shall have sole
authority to select from time to time the employees and consultants from among
those eligible to whom Options shall be granted under the Plan, to establish the
number of such Shares which may be sold to each employee or consultant and the
time when certificates for such Shares shall be issued, and to prescribe the
legend to be affixed to the certificate representing such Shares. The Board is
also authorized to interpret the Plan and may from time to time adopt such
rules, regulations, forms and agreements, not otherwise inconsistent with the
provisions of the Plan, as the Board may deem advisable to carry out the Plan.
All decisions made by the Board in administering the Plan shall be final. The
Board may delegate the administration of the plan to a committee that consists
of a subset of the members of the Board. Further a duly designated officer of
the company may be appointed by such committee to perform the day-to-day
administration of the plan.

The Board or its designates have the authority to administer all aspects of the
plan including: determining which persons may receive Options, the method of
awarding Options, terms and conditions of Options (price, period, vesting,
etc.), the ability to adjust terms, forms utilized to award Options, determining
disability or retirement, the ability to cancel Options, plan interpretation,
conditions necessary for a participant to receive a certificate (i.e.,
paperwork, tax withholding, etc.), the type of employee termination event, final
say on transferability, determining allowable methods of award/exercise/payment
the appointment and compensation of consultants to assist in its duties, among
other things.

      4.    Shares Subject to the Plan

      The aggregate number of Shares which may be acquired under the Plan shall
not exceed 1,000,000 Shares. Except as may otherwise be provided herein, any
Shares subject to an award that expires for any reason or terminates
unexercised, shall again be available for issuance under this Plan. Any Shares
which remain unissued at the termination of the Plan shall cease to be subject
to the Plan, but until termination of the Plan, the Company shall at all times
make sufficient Shares available to meet the requirements of the Plan. The
aggregate number of Shares, which may be sold under the Plan, shall be adjusted
to reflect any stock dividend or stock split or any other change to the capital
structure of the Outstanding Shares of the Company. The Shares which are sold
according to this Plan may be designated restricted stock and would therefore be
subject to all accompanying rights and restrictions.

      5.    Stock Options

            (a) Type of Options. Under the Plan, the Company may issue Incentive
Options and Nonqualified Options. To the extent that any Option is not
designated as an Incentive Option, or if it is so designated but does not
qualify as an Incentive Option, it shall constitute a Nonqualified Option.

            (b) Terms of Options. Except as provided in Subparagraph (c) below,
each Option granted under the Plan shall be subject to the Standard Terms and
Conditions set forth by the Board in the Stock Option Agreement including, but
not limited to price, term and accompanying exercise and vesting rights. Unless
modified

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according to this section 5 (b) each Option will vest and become exercisable in
accordance with the Standard Vesting Schedule. The Board or their designate(s)
have the authority to alter the Standard Terms and Conditions, including the
Standard Vesting Schedule on a case by case basis if, in their discretion, it is
in the best interests of the Company.

            (c) Additional Terms Applicable To All Options. Each option shall be
subject to the following terms and conditions.

                  (i) Written Notice. An option may be exercised only by giving
written notice to the Company specifying the number of Shares to be purchased.

                  (ii) Method of Purchase. Upon exercise, the purchase price
shall be paid by cash or certified or cashier's check, or to the extent
permitted by the Board, by delivery of previously-acquired shares of common
stock having a fair market value equal to the purchase price.

                  (iii) Death of Optionee. If an Optionee has Terminated
Employment due to death, each Option granted to that Optionee shall be cancelled
one hundred eighty (180) days after the date of appointment of legal
representative, or on the expiration date of such Option, whichever period is
shorter. If an Optionee dies prior to the exercise in full of any Options, such
Options may only be exercised, if at all, by a member of Optionee's Family who
is a beneficiary of such Option as designated on the written beneficiary
designation form as prescribed by the Board and filed by the Optionee with the
Company, or, if no such designation shall have been filed, then by a member of
the Optionee's Family designated under the Optionee's will. Except as otherwise
provided in the Stock Option Agreement, the death of an Optionee shall not
accelerate any vesting rights provided for in the Stock Option Agreement.

If an Optionee has Terminated Employment due to a Disability, this Option shall
be cancelled one hundred eighty (180) days following the date of such
Termination of Employment or on the expiration of the Option, whichever period
is shorter.

If an Optionee has Terminated Employment due to Retirement or the Termination of
Employment is involuntary on the part of the Optionee (but is not due to death
or Disability or with Cause), any Option held by such Optionee shall thereupon
terminate, except that such Option, to the extent then exercisable, may be
exercised for the lesser of the one hundred eighty (180)-day period following
the date of such Termination of Employment or until the expiration of the Option
Period.

If the Optionee has Terminated Employment that is either (a) voluntary on the
part of the Optionee (and is not due to Retirement) or (b) with Cause, the
Option shall terminate immediately.

The death or Disability of an Optionee after a Termination of Employment
otherwise provided for herein shall not extend the time permitted to exercise an
Option. If the Optionee is subject to Section 16 of the Exchange Act at the time
he incurs a Termination of Employment other than for Cause, any time period
provided for in this Paragraph 4 shall be suspended or delayed during the period
the Optionee would be subject to liability for engaging in "short-swing"
transactions under Section 16 of the Exchange Act, but such suspension or delay
shall not extend such time period more than 6 months and one day, nor beyond the
original Option Period.

                  (iv) Transferability of Options. Options granted under this
Plan shall not be transferable, pledgable or assignable other than by will or
the laws of descent and distribution. Any attempt to transfer, assign, pledge,
hypothecate or otherwise dispose of any Option under this Plan or of any rights
or privilege conferred thereby, contrary to the provisions of this Plan, or the
sale or levy on any attachments or similar process upon the rights and
privileges conferred hereby, shall be null and void.

                  (v) Option Price. The option price per Share shall be 100%
(110%, if the Option is intended to be an Incentive Option and at the time of
grant the Optionee is a 10% stockholder of the Company or an Affiliated
Institution within the meaning of Section 422 of the Code) of the fair market
value of such Share on the date the option is granted.

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                  (vi) Term of Option. No option may be exercisable more than
ten years after the date of grant.

      6.    Shares Subject to Stockholders Agreement

      All Shares issued under this Plan shall be subject to the Stockholders
Agreement (if any) in effect at the time Shares are issued.

      7.    Amendment or Termination of the Plan

      The Board may in its discretion terminate the Plan at any time with
respect to any Shares which are not subject to issued but unexercised Options,
and may alter, or amend the Plan, or any part thereof from time to time, except
that any such termination, alteration or amendment shall not, without the
written consent of an Optionee, adversely affect that Optionee's rights under an
Option previously granted.

      8.    Term of Plan

      The Plan shall be effective upon the date of its adoption by the Board
(the "Effective Date"), provided that Incentive Options may be granted only if
the shareholders of the Company approve the Plan within twelve months before, or
after the date of adoption of the Plan by the Board. Shares shall not be awarded
under the Plan after the expiration of ten years from the effective date of the
Plan.

      9.    Delegation of Authority

      The Board may in its discretion appoint a committee (hereinafter referred
to as the "Committee") of not less than two non officer directors who shall
serve at the pleasure of the Board to administer the Plan. The Board may
delegate any authority conferred to the Board by this Plan to the Committee and
any determination by the Committee shall be considered the equivalent of a
determination by the Board.

      10.   Rights as Shareholder

      Upon delivery of any Shares to an employee or consultant, such employee or
consultant shall have all of the rights of a shareholder of the Company with
respect to such Shares, including the right to vote such Shares and to receive
all dividends or other distributions paid with respect to such Shares. The
Company reserves the right to withhold the issuance of Shares under this Plan if
the Company is not publicly traded, if its shares are not registered, or if the
required tax withholding is not obtained from the Optionee.

      11.   Adjustments; Merger and Consolidation

      In the event of any change in the number of outstanding shares of common
stock of the Company by reason of a stock dividend or distribution,
recapitalization, merger, consolidation, split-up, combination, exchange of
shares or the like, the Board shall adjust the number of Shares which may be
issued under the Plan and shall provide for an equitable adjustment of any
outstanding option or Shares issuable pursuant to an outstanding option under
this Plan.

      12.   Employment Relationship

      An employee shall be considered to be in the employment of the Company or
a related corporation as long as he remains an employee of the Company or of an
Affiliated Institution. Nothing herein shall confer on any employee the right to
continued employment with the Company or with an Affiliated Institution or
affect the right of the Company or an Affiliated Institution to terminate such
employment.

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      13.   Withholding of Tax

      To the extent the awarding of an Option or issuance of Shares results in
the receipt of compensation by an employee or consultant, the Company is
authorized to withhold from any other cash compensation then or thereafter
payable to such employee or consultant any tax required to be withheld by reason
of the receipt of compensation resulting from the issuance of Shares.
Alternatively, the employee or consultant may tender a certified or cashier's
check in the amount of tax required to be withheld.

      14.   Limitation on Value for Incentive Stock Options

      For all Incentive Options granted under the terms of this Plan, to the
extent that the aggregate fair market value (determined at the time the
Incentive Option is granted) of the Shares with respect to which Incentive
Options are exercisable for the first time by the Optionee during any calendar
year (under this Plan and all other incentive stock option plans of the Company,
a related corporation or a predecessor corporation) exceeds $100,000, such
Options shall be treated as Nonqualified Options to the extent required by
Section 422 of the Code.

      15.   Change in Control

      Notwithstanding anything in the foregoing to the contrary, in the event of
a "Change in Control" all unvested options shall vest and become immediately
exercisable. For purposes of this Plan, a "Change in Control" shall be deemed to
have occurred if (i) the Company is merged or consolidated or reorganized into
or with another corporation or other legal person other than a shareholder as of
the Effective Date (an "Acquiror") and as a result of such merger, consolidation
or reorganization less than 50% of the outstanding voting securities or other
capital interests of the surviving, resulting or acquiring corporation or other
legal person are owned, directly or indirectly, in the aggregate by the
stockholders of the Company immediately prior to such merger, consolidation or
reorganization, other than by the Acquiror or any corporation or other legal
person controlling, controlled by or under common control with the Acquiror;
(ii) the Company sells all or substantially all of its business and/or assets to
an Acquiror, of which less than 50% of the outstanding voting securities or
other capital interest are owned , directly or indirectly, in the aggregate by
the stockholders of the Company immediately prior to such sale, other than by
any corporation or other legal person controlling, controlled by or under common
control with the Acquiror; or (iii) during any period of two consecutive years,
individuals who at the beginning of any such period constitute the directors of
the Company cease for any reason to constitute at least a majority thereof
unless the election, or the nomination for election by the Company's
stockholders, of each new director of the Company was approved by a vote of at
least two-thirds of such directors of the Company then still in office who were
directors of the Company at the beginning of any such period. If a Change in
Control is deemed to have occurred then the Optionee may elect to receive cash,
less the option price and any applicable tax withholdings, in lieu of being
issuing Shares under this plan.

      16.   Miscellaneous

The Board or their designates, at their discretion, may elect to pay any
Optionee out in cash in lieu of issuing shares upon the exercise of an option.

<PAGE>

                             STOCK OPTION AGREEMENT
                              SecureD Services Inc.

Date of Grant:

      THIS GRANT is delivered by SecureD Services Inc., a Delaware corporation
(the "Company"), to ___________________ (the "Optionee"), an employee/consultant
of the Company.

      WHEREAS, the Board of Directors of the Company has adopted the SecureD
Services Inc. Incentive Stock Option Plan (the "Plan"); and

      WHEREAS, the Plan provides for the granting of stock options to eligible
employees and consultants to purchase shares of the Company's Common Stock, par
value $.01 per share (the "Shares"), in accordance with the terms and provisions
thereof; and

      WHEREAS, the Board of Directors considers Optionee to be a person who is
eligible for this grant and has determined that it would be in the best interest
of the Company to grant this Option to him or her.

      NOW THEREFORE, subject to the terms and conditions of the Plan, which is
incorporated herein by reference, and of this Agreement, the parties agree as
follows.

      1.    Grant of Option

      The Board of Directors hereby grants to Optionee an option to purchase up
to ___________ shares of common stock at a price of $_______ per share, which is
the fair market value at the Date of Grant. This option is hereinafter referred
to as the "Option" and the shares of stock purchasable upon exercise of the
Option are sometimes referred to hereinafter as the "Option Shares" or "Shares."

      2.    Vesting Rights

      Optionee may exercise his or her right to purchase 1/3th of the total
number of Option Shares subject to this grant on the 12-month anniversary of the
Date of Grant and the remaining 2/3 of the grant may be exercised at a rate of
1/24th on each subsequent monthly anniversary of the Date of Grant. These option
rights may be exercised singularly or on a cumulative basis.

      3.    Termination of Option

      To the extent not previously exercised, an Option shall immediately
terminate and become null and void once Optionee is no longer employed by or is
no longer a consultant of the Company or an Affiliated Institution. This
provision shall not apply to termination by reason of death.

      4.    Optionee's Representations

      As a condition to the exercise of this Option, the Optionee shall
represent to the Company that the Shares being acquired under this Option are
for investment, and not with a present view toward distribution or resale,
unless counsel for the Company is then of the opinion that such a representation
is not required under any applicable law, regulation or rule of any governmental
agency. This Option may not be exercised if the issuance of Shares upon such
exercise would constitute a violation of any applicable federal or state
securities law or any other valid law or regulation.

<PAGE>

      5.    Transferability

      This Option may not be transferred in any manner except by will or by the
laws of descent and distribution, and may be exercised during the lifetime of
the Optionee only by him or her. In the event of Optionee's death, this Option
may be exercised by an Optionee's Family member designated on the Beneficiary
Designation Form attached hereto, or in the absence of such designation, the
Option may be exercised pursuant to the Plan by his/her personal representative.
The terms of this Option shall be binding upon the Optionee's executors,
administrators, heirs, assigns and successors.

      6.    Term

      The Option may not be exercised more than ten (10) years after the Date of
Grant specified above.

      7.    Amendment

      The Board of Directors may amend this Option at any time without the
consent of Optionee; provided, however, that no amendment may adversely affect
Optionee's rights hereunder.

      8.    Shares Subject to Stockholders Agreement

      All Shares issued upon the exercise of an Option shall be subject to the
Stockholders Agreement (if any) in effect at the time such Shares are issued.

      9.    Incorporation by Reference

      The Option is granted pursuant to the terms of the Plan, which are hereby
incorporated herein by reference, and this Agreement shall in all respects be
interpreted in accordance with the Plan. All Board interpretations and
determinations shall be conclusive and binding on the parties hereto and on any
other person claiming an interest hereunder.

      10.   Governing Law

      The validity, construction, interpretation and effect of this Agreement
shall exclusively be governed by and determined in accordance with the laws of
the State of Delaware, except to the extent preempted by federal law.

      11.   Option Type (Check One)

      ________    Incentive Option - This Option is intended to constitute an
                  Incentive Stock Option as defined under Section 422 of the
                  Internal Revenue Code of 1986, as amended.

      ________    Nonqualified Option - This Option is not intended to
                  constitute an Incentive Stock Option.

      IN WITNESS WHEREOF, the Company has caused its duly authorized officer to
execute this Agreement, and Optionee has placed his or her signature herein,
effective as of the Date of Grant.

SecureD Services Inc.

By:  ____________________________.

Its: ____________________________.

<PAGE>

ATTEST:

      The Optionee acknowledges that he or she has received a copy of the Plan
and is familiar with the terms and conditions set forth therein. The Optionee
agrees to accept as binding, conclusive and final all decisions and
interpretations of the Board of Directors and, where applicable, any committee
appointed by the Board of Directors to administer the Plan. As a condition to
the exercise of this Option, the Optionee authorizes the Company to withhold
from any regular cash compensation payable by the Company any taxes required to
be withheld under any federal, state or local law as a result of exercising this
Option.

Dated: _____________________________

By:
       _______________________________________
              Optionee

                          (To be executed in duplicate)

<PAGE>

                          BENEFICIARY DESIGNATION FORM

Name:__________________ Social Security Number:_______________ Date:____________

      You may designate a primary beneficiary (one or more persons) and a
contingent beneficiary (one or more persons) to whom rights under your Option
will pass in the event of your death. Note that according to the Plan, your
beneficiary designation will only be effective if it names one or more members
of the Optionee's Family. You may name more than one person as a primary or
contingent beneficiary. For example, you may wish to name your spouse as primary
beneficiary and your children as contingent beneficiaries. Your contingent
beneficiary(ies) will have no rights with respect to your Option if any of your
primary beneficiaries survive you. All primary beneficiaries will have equal
rights with respect to your Option unless you indicate otherwise. The same rule
applies for contingent beneficiaries.

I hereby designate my beneficiary(ies):

      Primary Beneficiary(ies)
               Name:
               Address:
               Social Security Number
               Relationship to You:

      Contingent Beneficiary(ies)
               Name:
               Address:
               Social Security Number
               Relationship to You:

      I certify that my designation of beneficiaries set forth above is my free
act and deed and acknowledge that when effective it will revoke any prior
designation I may have made with regard to the Option set forth above.

Name (Please Print):________________ Signature:_________________ Date:__________

      This Beneficiary Designation Form shall be effective on the day it is
received by the CEO (or his designee) of the Company at
__________________________________. This Form shall be (i) delivered by personal
delivery, facsimile, United States mail or by express courier service, and (ii)
deemed to be received upon personal delivery, upon confirmation of receipt of
facsimile transmission or upon receipt by the President (or his designee) if by
United States mail or express courier service; provided, however, that if this
Form is not received during regular business hours, it shall be deemed to be
received on the next succeeding business day of the Company.

RECEIVED AND ACKNOWLEDGED:

SecureD Services Inc.

Date:  ___________________                By:___________________________________
                                              CEO or a Duly Authorized DesigneeEXHIBIT 10.5

                                WARRANT AGREEMENT

      This WARRANT AGREEMENT, dated as of ______ __, 2003 (the "Warrant
Agreement") between the person who has signed this Warrant Agreement as the
Warrant Holder (the "Holder") and SecureD Services, Inc., a Delaware corporation
(the "Company").

                                    RECITALS

      Pursuant to a Subscription Agreement, dated as of the date hereof (the
"Subscription Agreement), the Company has agreed to issue and sell to the Holder
and the Holder has agreed to purchase from the Company units (the "Units"), each
unit consisting of three (3) shares of the Company's common stock, par value
$0.0001 per share (the "Common Stock") and one common stock purchase warrant
(the "Warrants"). In connection therewith, the Company and the Holder hereby
agree as follows with respect to the Warrants:

Section 1. Issuance of the Warrants, Transferability and Form of the Warrants.

            1.1 The Warrants. The Company hereby issues to the Holder Warrants
to purchase such number of shares of Common Stock as are set forth on the
signature page to the Subscription Agreement at the Exercise Price (as defined
in Section 6.1.3 hereof). The shares of Common Stock issuable upon exercise of
the Warrants are referred to herein as the "Warrant Shares".

            1.2 Form of the Warrant Certificate. The Warrants shall be evidenced
by a certificate substantially in the form of Exhibit A hereto (the "Warrant
Certificate"). The Warrant Certificate shall be executed on behalf of the
Company by its Chairman of the Board, its Chief Executive Officer or President
or any other officer of the Company authorized to do so by the Board of
Directors of the Company (the "Board"). The Warrant Certificate shall be dated
as of the date of execution thereof by the Company either upon initial issuance
or upon transfer.

            1.3 Transfer Restrictions. The Holder agrees not to sell, transfer
or otherwise dispose of the Warrants or Warrant Shares, unless a registration
statement under the Securities Act of 1933, as amended (the "Securities Act") is
in effect with regard thereto or unless such sale, transfer or other disposition
is made pursuant to a transaction exempt from such registration.

            1.4 Transfer - General. Subject to the terms hereof, the Warrants
shall be transferable only on the books of the Company maintained at its
principal office upon delivery thereof, duly endorsed by the Holder or his duly
authorized attorney or representative, or accompanied by proper evidence of
succession, assignment or authority to transfer. In all cases of transfer, the
original power of attorney, duly approved, or a duly certified copy thereof,
shall be deposited and remain with the Company. In case of transfer by
executors, administrators, guardians or other legal representatives, duly
authenticated evidence of their authority shall be produced, and may be required
to be deposited and to remain with the Company in its discretion. Upon any
registration of transfer, the person to whom such transfer is made shall receive
a new Warrant Certificate evidencing the Warrants transferred, and the Holder of
the original Warrant Certificate shall be entitled to receive a new Warrant
Certificate evidencing the Warrants retained.

<PAGE>

Section 2. Term of the Warrants; Exercise of the Warrants; Exercise Price, Etc.

            2.1 Term of the Warrant. Subject to the terms of this Agreement, the
Holder shall have the right, which right may be exercised in whole or in part,
from time to time, beginning on the Vesting Date (as noted in the Warrant
Certificate) and ending on the Expiration Date (as noted in the Warrant
Certificate), to purchase from the Company the number of fully paid and
nonassessable Warrant Shares which the Holder may at the time be entitled to
purchase on exercise of such Warrants. If the Expiration Date is not a day other
than a Saturday, Sunday or other day on which commercial banks in New York, New
York are authorized or required by law to close (a "Business Day"), then the
Warrants may be exercised on the next succeeding Business Day.

            2.2 Vesting of the Warrants. The Warrants shall vest as of the
Vesting Date and may be exercised on or after the Vesting Date in accordance
with the terms of this Agreement and the Warrant Certificate.

            2.3 Exercise of the Warrants. The Warrants may be exercised by
surrendering the Warrant Certificate and the completed and signed Notice of
Exercise, substantially in the form of Exhibit I to the Warrant Certificate, to
the Company, at its principal office, and upon payment to the Company of the
Purchase Price for the number of Warrant Shares in respect of which the Warrants
are then being exercised (such surrender of the Warrants, delivery of the Notice
of Exercise and payment of the Exercise Price is hereinafter called the
"Exercise of the Warrant"). Upon partial exercise, the Company shall deliver a
new Warrant Certificate for the unexercised portion to the Holder within 10
Business Days. Payment of the Purchase Price shall be by delivery of cash, or a
certified or official bank check.

      Subject to Section 3 hereof, upon surrender of a Warrant Certificate and
payment of the Exercise Price as aforesaid, the Company shall issue and deliver
within 10 Business Days in the name of the Holder, or upon the written order of
the Holder thereof, in such name or names as the Holder may designate, a
certificate or certificates for the number of Warrant Shares so purchased upon
the Exercise of the Warrant, together with cash, as provided in Section 6.3
hereof, in lieu of any fractional Warrant Shares otherwise issuable upon such
surrender. Such certificate or certificates shall be deemed to have been issued
and any person so designated to be named therein shall be deemed to have become
a holder of record of such Warrant Shares as of the date applicable of the
Exercise of the Warrant and payment of the Exercise Price, as aforesaid.

            2.4 Compliance with Government Regulations. The Holder acknowledges
that none of the Warrants or Warrant Shares has been registered under the
Securities Act, and therefore may be sold or disposed of in the absence of such
registration only pursuant to an exemption from such registration and in
accordance with this Agreement. The Warrants and the Warrant Shares will bear a
legend to the following effect:

      "THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED WITH THE
      SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, AS

<PAGE>

      AMENDED, OR WITH THE SECURITIES COMMISSION OF ANY STATE UNDER ANY
      APPLICABLE STATE SECURITIES OR BLUE SKY LAWS. SECURITIES MAY NOT BE SOLD
      OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
      STATEMENT OR IN A TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF
      THOSE SECURITIES LAWS."

Section 3 Payment of Taxes.

      The Company will pay all documentary stamp taxes, if any, attributable to
the initial issuance of the Warrants and Warrant Shares upon the exercise of
Warrant. The Company shall not be required to pay any income tax or taxes
resulting from the issuance of the Warrants or any other tax or taxes other than
as set forth above which may be payable in respect of any transfer involved in
the issue or delivery of the Warrants or certificates for Warrant Shares.

Section 4 Mutilated or Missing Warrant Certificate.

      In case any Warrant Certificate shall be mutilated, lost, stolen or
destroyed, the Company shall issue and deliver in exchange and substitution for
and upon cancellation of the mutilated Warrant Certificate, or in lieu of and
substitution for the Warrant Certificate lost, stolen or destroyed, a new
Warrant Certificate of like tenor and representing an equivalent right or
interest; but only upon receipt of evidence reasonably satisfactory to the
Company of such loss, theft or destruction of such Warrant Certificate (an
Affidavit of Loss executed and delivered by the Holder to be deemed
satisfactory) and agreement to indemnify the Company, if requested, also
reasonably satisfactory to them.

Section 5 Reservation of Warrant Shares.

            5.1 Reservation of Warrant Shares. There have been reserved, and the
Company shall at all times keep reserved, out of its authorized and unissued
shares of Common Stock, such number of shares of Common Stock equal to the
Warrant Shares. The transfer agent for the Common Stock and every subsequent
transfer agent for any shares of the Company's capital stock issuable upon the
exercise of the Warrants (the "Transfer Agent") will be and are hereby
irrevocably authorized and directed at all times until 5:00 p.m. Eastern Time on
the Expiration Date to reserve such number of authorized shares as shall be
requisite for such purpose. The Company will keep a copy of this Agreement on
file with the Transfer Agent for any shares of the Company's capital stock
issuable upon the exercise of the Warrant. The Company covenants that the
issuance, sale and delivery of the Warrants in accordance with this Agreement,
and the issuance, sale and delivery of the Warrant Shares upon exercise of the
Warrants have been duly authorized by all necessary corporate action on the part
of the Company. Sufficient authorized but unissued shares of Common Stock have
been reserved by corporate action in connection with the prospective exercise of
the Warrants. The Company covenants that all Warrant Shares which may be issued
upon exercise of the Warrants will, upon payment in accordance with this
Agreement be duly authorized, validly issued, fully paid, nonassessable, and
free of and from all preemptive or stock purchase rights, taxes, liens, charges,
pledges, mortgages, security interests, and other encumbrances or claims of any
kind with respect thereto except as created by such Holder. The Company will
supply the Transfer Agent

<PAGE>

with duly executed stock certificates for such purpose and will itself provide
or otherwise make available any cash which may be payable as provided in Section
6.4 of this Agreement. The Company will furnish to such Transfer Agent a copy of
all notices of adjustments, and certificates related thereto, transmitted to
each Holder. Subject to Section 2.3 of this Agreement, any Warrant surrendered
in the exercise of the rights evidenced thereby shall be canceled by the
Company.

            5.2 Cancellation of Warrant. In the event the Company shall purchase
or otherwise acquire any Warrants, the same shall be canceled and retired.

Section 6 Adjustment of Exercise Price and Number of Warrant Shares.

      The number and kind of securities purchasable upon the exercise of the
Warrants and the Exercise Price of such securities shall be subject to
adjustment from time to time upon the happening of certain events, as
hereinafter defined.

            6.1 Mechanical Adjustments. The number of Warrant Shares purchasable
upon the exercise of the Warrants and the Exercise Price of such Warrant Shares
shall be subject to adjustment as follows:

            6.1.1 Subdivision or Combination of Shares. In case the Company
shall at any time subdivide (including, without limitation through a stock split
or stock dividend) its outstanding shares of Common Stock into a greater number
of shares, the Exercise Price in effect immediately prior to such subdivision
shall be proportionally reduced and the number of Warrant Shares purchasable
hereunder shall be proportionately increased. In case the outstanding shares of
the Common Stock of the Company shall be combined (including, without limitation
through a reverse stock split) into a smaller number of shares, the Exercise
Price in effect immediately prior to such combination shall be proportionately
increased, and the number of Warrant Shares purchasable hereunder shall be
proportionately reduced.

            6.1.2 Adjustment Notices to Holder. Upon any increase or decrease in
the number of Warrant Shares purchasable upon the exercise of the Warrants, or
upon any adjustment in the Exercise Price, then, and in each such case, the
Company shall promptly deliver written notice thereof to each Holder, which
notice shall state the increased or decreased number of Warrant Shares
purchasable upon the exercise of the Warrants and the old and new Exercise
Prices, setting forth in reasonable detail the method of calculation and the
facts upon which such calculations are based.

            6.1.3 Exercise Price Defined. As used in this Warrant Agreement, the
term "Exercise Price" shall mean the purchase price per share specified in the
Warrant Certificate evidencing such Warrants, as adjusted from time to time, in
accordance with the provisions of this Section 6. No such adjustment shall be
made unless such adjustment would change the Exercise Price at the time by $0.01
or more; provided, however, that all adjustments not so made shall be deferred
and made when the aggregate thereof would change the Exercise Price at the time
by $0.01 or more.

<PAGE>

            6.2 Notice of Consolidation or Merger. If the Company shall at any
time consolidate or merge into any other corporation or transfer all or
substantially all of its assets, then the Company shall deliver written notice
to the Holder of such merger, consolidation or sale of assets at least twenty
(20) days prior to the closing of such merger, consolidation or sale of assets
and the Warrant shall terminate and expire immediately prior to the closing of
such merger, consolidation or sale of assets.

            6.3 Fractional Interests. Upon Exercise of a Warrant, no fractional
shares shall be issuable and the Holder hereof may purchase only a whole number
of shares of Common Stock. The Company shall make a payment in cash in respect
of any fractional shares which might otherwise be issueable upon Exercise of the
Warrant, calculated by multiplying the fractional share amount by the Value (as
hereinafter defined) of a share of Common Stock minus the Exercise Price;
provided that multiple Exercise of Warrants shall be aggregated so that a cash
payment in respect of fractional shares pursuant to this Section 6.4 shall not
be made for a total number greater than one share for all exercises of Warrants.
The Value of a share of Common Stock is defined as the closing sales price of
the Company's Common Stock on the date of exercise as reported by the NASDAQ or
such other principal exchange or trading market upon which the Common Stock is
then traded or if the Common Stock is not publicly traded, then fair market
value as determined by the Board

            6.4 Statement on the Warrant. Irrespective of any adjustments in the
Exercise Price or the number or kind of shares purchasable upon the exercise of
the Warrants, the Warrants theretofore or thereafter issued may continue to
express the same price and number and kind of shares as are stated in the
Warrants initially issuable pursuant to this Agreement.

            6.5 Redemption. So long as the shares of Common Stock issuable upon
exercise of the Warrants have been registered on a current and effective
registration statement, and in the event the average closing price reported for
a share of Common Stock for any ten consecutive Business Days equals or exceeds
the Redemption Price (as noted in the Warrant Certificate), then the Company
shall have the right at any time thereafter, upon thirty (30) days prior written
notice to the Holder (the "Redemption Notice"), to redeem the Warrants for a
redemption price equal to $0.01 per Warrant and to cancel the Warrants so
redeemed. During the period from the date the Company provides such Notice of
Redemption to the Holder through the day prior to the date set for redemption,
the Holder shall have the right to exercise all or any portion of the Warrants,
and, immediately upon such exercise and receipt of the Exercise Price by the
Company, the Notice of Redemption shall be revoked as to those Warrants duly and
validly exercised.

Section 7 Registration Rights.

            7.1 Piggyback Registrations. Each time that the Company shall
propose a registration under the Securities Act of any shares of Common Stock of
the Company, notice of such proposed registration stating the total number of
shares proposed to be the subject of such registration statement shall be given
to the record owners of the Warrants. The Company will automatically include in
any registration statement filed with the Securities and Exchange Commission
with regard to such proposed registration the number of Registrable Securities

<PAGE>

requested to be included therein by the record owners of the Warrants, subject
to any underwriters' cutbacks. For purposes hereof, the term "Registrable
Securities" means the shares of Common Stock issuable upon exercise of the
Warrants, as opposed to the Warrants themselves, as well as any other shares of
Common Stock then beneficially owned by the Holder of the Warrants, none of
which shares can be publicly resold without limitation by the Holder without
registration under the Securities Act.

Section 8 No Rights as Stockholder.

            Nothing contained in this Agreement or in the Warrant Certificate
shall be construed as conferring upon the Holder or its permitted transferees
the right to vote or to receive dividends or to consent to or receive notice as
a stockholder in respect of any meeting of stockholders for the election of
directors of the Company or any other matter, or any rights whatsoever as a
stockholder of the Company; provided that this provision shall not limit the
required notice as set forth in Section 6 hereof.

Section 9 Inspection of Warrant Agreement.

      The Company shall keep copies of this Agreement and any and all notices
given or received hereunder available for inspection by the Holder during normal
business hours at its principal office.

Section 10 Identity of Transfer Agent.

      Forthwith upon the appointment of any subsequent transfer agent for the
Common Stock or any other shares of the Company's capital stock issuable upon
the exercise of the Warrants the Company will notify the Holder of the name and
address of such subsequent transfer agent.

Section 11 Notices.

      Any notices, requests and demands by the Holder to the Company pursuant to
this Agreement shall be in writing (including by facsimile), and, unless
otherwise expressly provided herein, shall be deemed to have been given when
delivered by hand, or three (3) Business Days after being deposited in the mail,
postage prepaid, or, in the case of a facsimile notice, when received, or, in
the case of delivery by a nationally recognized overnight courier, when
received, addressed to the Company at:

     SecureD Services Inc.
     1175 North Service Road West, Suite 214
     Oakville, Ontario L6M 2W1
     Canada
     Fax:  (905) 339-2392
     Attention: Chief Executive Officer

Any notices, requests and demands by the Company to the Holder pursuant to this
Agreement shall be in writing (including by facsimile), and, unless otherwise
expressly provided herein,

<PAGE>

shall be deemed to have been duly given or made when delivered by hand, or three
(3) Business Days after being deposited in the mail, postage prepaid, or, in the
case of a facsimile notice, when received, or, in the case of delivery by a
nationally recognized overnight courier, when received, addressed to the Holder
at its addresses on the signature page hereto. Each party hereto may from time
to time change the address to which notices to it are to be delivered or mailed
hereunder by notice in writing to the other party.

Section 12 Governing Law.

      This Agreement shall be governed by and construed in accordance with the
laws of the State of Delaware, without giving effect to principles of conflict
of laws thereof. The parties hereto agree to submit to the jurisdiction of the
Courts of the State of Delaware in any action or proceeding arising out of or
relating to this Agreement. Venue for any such actions shall be in the state or
federal courts for the Stare of Delaware to be held in Wilmington, Delaware. In
the event of litigation, the prevailing party shall be entitled to reasonable
attorneys fees and costs.

Section 13 Supplements and Amendments.

      The Company and the Holder may from time to time supplement or amend this
Agreement in order to cure any ambiguity or to correct or supplement any
provision contained herein which may be defective or inconsistent with any other
provision herein, or to make any other provisions in regard to matters or
questions arising hereunder which the Company and the Holder may deem necessary
or desirable and which shall not be inconsistent with the provisions of the
Warrant and which shall not adversely affect the interests of the Holder. Any
such supplement or amendment shall be effective only if signed by both the
Company and the Holder.

Section 14 Successors.

      All the covenants and provisions of this Agreement by or for the benefit
of the Company shall bind and inure to the benefit of its successors and assigns
hereunder.

Section 15 Benefits of this Agreement.

      Nothing in this Agreement shall be construed to confer upon any person
other than the Company and the Holder (and their respective successors and
assigns) any legal or equitable right, remedy or claim under this Agreement and
this Agreement shall be for the sole and exclusive benefit of the Company and
the Holder, and their assignees.

Section 16 Captions.

      The captions of the Sections of this Agreement have been inserted for
convenience only and shall have no substantive effect.

<PAGE>

Section 17 Counterparts.

      This Agreement may be executed in any number of counterparts each of which
when so executed shall be deemed to be an original; but such counterparts
together shall constitute but one and the same instrument.

Section 19 Waiver and Course of Dealing.

      No course of dealing or any delay or failure to exercise any right
hereunder on the part of any party thereto shall operate as a waiver of such
right or otherwise prejudice the rights, powers or remedies of such party.

Section 20.

      THE PARTIES HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OF THE CONTEMPLATED
TRANSACTIONS, WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER SOUNDING IN
CONTRACT, TORT OR OTHERWISE. THE PARTIES AGREE THAT ANY OF THEM MAY FILE A COPY
OF THIS PARAGRAPH WITH ANY COURT AS WRITTEN EVIDENCE OF THE KNOWING, VOLUNTARY
AND BARGAINED-FOR AGREEMENT AMONG THE PARTIES IRREVOCABLY TO WAIVE TRIAL BY JURY
AND THAT ANY PROCEEDING WHATSOEVER BETWEEN THEM RELATING TO THIS AGREEMENT OR
ANY OF THE CONTEMPLATED TRANSACTIONS SHALL INSTEAD BE TRIED IN A COURT OF
COMPETENT JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.

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

                              SecureD Services Inc.

                                By: ____________________________________
                                Name: __________________________________
                                Title: _________________________________

                                Warrant Holder:
                                Print Name: ____________________________
                                Signature: _____________________________
                                Title: _________________________________

<PAGE>

                                    EXHIBIT A
                                     FORM OF
                          COMMON STOCK PURCHASE WARRANT

            Void After 5:00 P.M. Eastern Time on September 30, 2008.

      THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED WITH THE
      SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT OF 1933, AS
      AMENDED, OR WITH THE SECURITIES COMMISSION OF ANY STATE UNDER ANY
      APPLICABLE STATE SECURITIES OR BLUE SKY LAWS. SECURITIES MAY NOT BE SOLD
      OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
      STATEMENT OR IN A TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF
      THOSE SECURITIES LAWS."

Warrant Number ______ for ___________ Shares, vesting on ______________.

      THIS CERTIFIES THAT, for value received, ___(name)_____, the registered
holder of the Common Stock Purchase Warrants (the "Warrants") evidenced by this
certificate (the "Warrant Certificate") or permitted assigns (the "Holder"),
subject to the terms and conditions of this Warrant Certificate, the attached
Exhibit I - Notice of Exercise (the "Exercise Form") and the Warrant Agreement,
dated as of ______ __, 2003 (the "Warrant Agreement"), is entitled to purchase
from SecureD Services, Inc., a Delaware corporation (the "Company"), at any time
from _____(date)______ (the "Vesting Date") until 5:00 p.m. Eastern Time on
September 30, 2008 (the "Expiration Date"), up to _(number)_ shares (the
"Warrant Amount") of the common stock of the Company, $0.001 par value per share
(the "Common Stock"), at a price of (price) per share (the "Exercise Price").
The number of shares of Common Stock purchasable upon exercise of the Warrants
evidenced by this Warrant Certificate and the Exercise Price per share shall be
subject to adjustment from time to time as set forth in the Warrant Agreement.

      This Warrant Certificate is issued in accordance with the Warrant
Agreement and is subject to the terms and provisions contained therein, all of
which are incorporated herein by reference. The Holder hereof acknowledges that
he was provided with a copy of the Warrant Agreement and agrees and accepts all
terms, conditions and limitations of this Warrant Agreement, specifically
Section 20 thereof.

      The Warrants evidenced by this Warrant Certificate may be exercised in
whole or in part by presentation of this Warrant Certificate together with the
Notice of Exercise Form, duly executed and simultaneous payment of the Purchase
Price (as defined in the Notice of Exercise Form) at the principal office of the
Company. Payment of such Purchase Price shall be made at the option of the
Holder hereof in cash or by certified or official bank check, or wire transfer,
or by tender of securities of the Company as set forth in the Warrant Agreement.
Terms relating to exercise of this Warrant are set forth more fully in the
Warrant Agreement.

      This Warrant may be exercised in whole or in part. Upon partial exercise,
a new Warrant Certificate for the unexercised portion shall be delivered to the
Holder. No fractional shares will be issued upon the exercise of these Warrants
but the Company shall pay the cash value of any fraction

<PAGE>

upon the exercise of these Warrants as set forth more fully in the Warrant
Agreement. The Warrants evidenced by this Warrant Certificate is transferable
only in limited circumstances at the office of the Company, in the manner and
subject to the limitations set forth in the Warrant Agreement.

      So long as the shares issuable upon exercise of these Warrants have been
registered on a current and effective registration statement, and in the event
the average closing price reported for the Common Stock for any ten day period
equals or exceeds $3.00 per share (the "Redemption Price"), then the Company
shall have the right at any time thereafter, upon thirty (30) days prior written
notice to the Holder (the "Redemption Notice"), to redeem these Warrants for a
redemption price equal to $0.01 per share and cancel this Warrant Certificate.
During the period from the date the Company provides such Notice of Redemption
to the Holder through the day prior to the date set for redemption, the Holder
shall have the right to exercise all or any portion of these Warrants, and,
immediately upon such exercise and receipt of the Purchase Price by the Company,
the Notice of Redemption shall be revoked to the extent that these Warrant have
been duly and validly exercised.

      The Holder hereof may be treated by the Company and all other persons
dealing with this Warrant as the absolute owner hereof for any purpose and as
the person entitled to exercise the rights represented hereby, or to the
transfer hereof on the books of the Company. Any notice to the contrary
notwithstanding, and until such transfer on such books, the Company may treat
the Holder hereof as the owner for all purposes.

      These Warrants do not entitle any Holder hereof to any of the rights of a
stockholder of the Company.

DATED: As of ____, 2003

WARRANT HOLDER                              SECURED SERVICES, INC.

By:                                     By:
    ------------------------------          ------------------------------------
(Name)                                      Name: King T. Moore
                                            Title: Chief Executive Officer

----------------------------------
(Address)

----------------------------------
(City, State, Zip Code)

<PAGE>

                       EXHIBIT I - NOTICE OF EXERCISE FORM
                                                        Date: _____________.

                  SecureD Services, Inc.
                  1175 North Service Road West,
                  Suite 214
                  Oakville, Ontario
                  L6M 2W1
                  Attention:  President

Ladies and Gentlemen;

The undersigned hereby elects to exercise the Warrants evidenced by Warrant
Certificate number ____ issued to it by SecureD Services, Inc., pursuant to the
Warrant Agreement, dated as of _____ __, 2003, and to purchase thereunder
_________ shares of the Common Stock of the Company (the "Warrant Shares") at a
purchase price of _______ Dollars ($___) per share (the Exercise Price as
defined in the Warrant Agreement) for an aggregate purchase price of ___________
Dollars ($___) (the "Purchase Price") defined as the number of shares being
purchased multiplied by the price per share.

The undersigned hereby elects under the provision set forth in Section 2.6 of
the Warrant Agreement to convert ________________ percent (____%) of the value
of the Warrant into _____ shares of Common Stock. Pursuant to the terms of the
Warrant Agreement the undersigned has delivered the Purchase Price herewith in
full.

The certificate(s) or other instruments for such shares or units shall be issued
in the name of the undersigned or as otherwise indicated below.

                                            ------------------------------------
                                            Signature

                                            ------------------------------------
                                            Name for Registration

                                            ------------------------------------

                                            ------------------------------------
                                            Mailing Address

                                            Very truly yours,

                                            ------------------------------------

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

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

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

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