Document:

EXHIBIT 4.6

                               MAPQUEST.COM, INC.
                                 1999 STOCK PLAN

1.       Establishment, Purpose and Types of Awards

         MapQuest.com, Inc. hereby establishes the MAPQUEST.COM, INC. 1999 STOCK
PLAN (the "Plan").  The purpose of the Plan is to promote the  long-term  growth
and profitability of MapQuest.com, Inc. (the "Corporation") by (i) providing key
people with  incentives  to improve  stockholder  value and to contribute to the
growth  and  financial  success  of  the  Corporation,  and  (ii)  enabling  the
Corporation  to  attract,  retain  and  reward the best  available  persons  for
positions of substantial responsibility.

         The Plan permits the granting of stock options (including  nonqualified
stock options and incentive  stock options  qualifying  under Section 422 of the
Code), stock appreciation  rights (including  free-standing,  tandem and limited
stock appreciation  rights),  restricted or unrestricted  share awards,  phantom
stock,  performance  awards, or any combination of the foregoing  (collectively,
"Awards").

         The Plan is a compensatory  benefit plan within the meaning of Rule 701
under the Securities Act of 1933 (the  "Securities  Act").  Except to the extent
any  other  exemption  from  the  Securities  Act is  expressly  relied  upon in
connection  with  any  agreement  entered  into  pursuant  to  the  Plan  or the
securities  issuable  hereunder are  registered  under the  Securities  Act, the
issuance  of Common  Stock  pursuant  to the Plan is intended to qualify for the
exemption  from  registration  under the Securities Act provided by Rule 701. To
the extent that an exemption from registration under the Securities Act provided
by Rule 701 is  unavailable,  all  unregistered  offers  and sales of Awards and
shares of Common  Stock  issuable  upon  exercise of an Award are intended to be
exempt from  registration  under the Securities Act in reliance upon the private
offering  exemption  contained in Section 4(2) of the  Securities  Act, or other
available exemption, and the Plan shall be so administered.

2.       Definitions

         Under this Plan,  except  where the context  otherwise  indicates,  the
following definitions apply:

         (a) "Award"  shall mean any stock  option,  stock  appreciation  right,
stock award, phantom stock award, or performance award.

         (b)      "Board" shall mean the Board of Directors of the Corporation.

         (c)  "Change in  Control"  shall mean (i) any sale,  exchange  or other
disposition  of  substantially  all of the  Corporation's  assets;  or (ii)  any
merger,  share  exchange,  consolidation  or other  reorganization  or  business
combination  in  which  the  Corporation  is not  the  surviving  or  continuing
corporation,  or in which the  Corporation's  stockholders  become  entitled  to
receive cash,  securities of the Corporation  other than voting common stock, or
securities of another issuer.

         (d) "Code"  shall mean the Internal  Revenue Code of 1986,  as amended,
and any regulations issued thereunder.

         (e)  "Committee"  shall mean the  compensation  committee of the Board;
provided,  however,  that in the  event  all the  members  of such  compensation
committee do not constitute both "Non-Employee  Directors" within the meaning of
Rule 16b-3 and "outside  directors"  within the meaning of Section 162(m) of the
Code, than the term  "Committee"  shall mean such other committee of two or more
Board  members  appointed by the Board to  administer  the Plan whose members do
constitute both  "Non-Employee  Directors" within the meaning of Rule 16b-3 and,
to the extent that Section  162(m) of the Code is applicable  to Awards  granted
under the Plan,  "outside directors" within the meaning of Section 162(m) of the
Code.

         (f) "Common Stock" shall mean shares of the Corporation's common stock,
par value of $0.001 per share.

         (g) "Exchange Act" shall mean the  Securities  Exchange Act of 1934, as
amended.

         (h) "Fair Market  Value" of a share of the  Corporation's  Common Stock
for any purpose on a particular date shall be determined in a manner such as the
Committee shall in good faith determine to be  appropriate;  provided,  however,
that if the Common Stock is publicly  traded,  then Fair Market Value shall mean
the last reported sale price per share of Common Stock, regular way, or, in case
no such sale takes  place on such day,  the average of the closing bid and asked
prices,  regular way, in either case as reported in the  principal  consolidated
transaction  reporting  system with respect to securities  listed or admitted to
trading on a national  securities  exchange or  included  for  quotation  on the
Nasdaq-National  Market,  or if the Common Stock is not so listed or admitted to
trading or included for quotation, the last quoted price, or if the Common Stock
is not so quoted, the average of the high bid and low asked prices, regular way,
in the  over-the-counter  market,  as reported by the  National  Association  of
Securities  Dealers,  Inc.  Automated  Quotation System or, if such system is no
longer in use, the principal other automated  quotations system that may then be
in use or,  if the  Common  Stock is not  quoted by any such  organization,  the
average of the closing bid and asked  prices,  regular  way, as  furnished  by a
professional  market  maker  making a market in the Common  Stock as selected in
good  faith by the  Committee  or by such  other  source or  sources as shall be
selected in good faith by the Committee;  and provided further, that in the case
of incentive stock options, the determination of Fair Market Value shall be made
by the  Committee in good faith in  conformance  with the  Treasury  Regulations
under Section 422 of the Code.  If, as the case may be, the relevant date is not
a trading day, the determination  shall be made as of the next preceding trading
day. As used  herein,  the term  "trading  day" shall mean a day on which public
trading of  securities  occurs and is  reported  in the  principal  consolidated
reporting  system  referred  to above,  or if the Common  Stock is not listed or
admitted to trading on a national  securities exchange or included for quotation
on the Nasdaq-National  Market, any day other than a Saturday, a Sunday or a day
in which banking institutions in the State of New York are closed.

         (i)  "Grant  Agreement"  shall  mean a written  agreement  between  the
Corporation  and a grantee  memorializing  the terms and  conditions of an Award
granted pursuant to the Plan.

         (j) "Grant  Date" shall mean the date on which the  Committee  formally
acts to grant an Award to a grantee or such other date as the Committee shall so
designate at the time of taking such formal action.

         (k)  "Parent"  shall  mean a  corporation,  whether  now  or  hereafter
existing,  within the meaning of the definition of "parent corporation" provided
in Section 424(e) of the Code, or any successor thereto of similar import.

         (l) "Rule  16b-3" shall mean Rule 16b-3 as in effect under the Exchange
Act on the effective  date of the Plan, or any successor  provision  prescribing
conditions  necessary to exempt the issuance of  securities  under the Plan (and
further transactions in such securities) from Section 16(b) of the Exchange Act.

         (m)  "Subsidiary" and  "subsidiaries"  shall mean only a corporation or
corporations,  whether  now or  hereafter  existing,  within the  meaning of the
definition of "subsidiary  corporation"  provided in Section 424(f) of the Code,
or any successor thereto of similar import.

3.       Administration

         (a) Procedure.  The Plan shall be administered by a Committee appointed
by the  Board  consisting  of not less  than  two (2)  members  of the  Board to
administer the Plan on behalf of the Board, subject to such terms and conditions
as the Board may  prescribe.  Once  appointed,  the Committee  shall continue to
serve 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. In the event that the
Board  is the  administrator  of the  Plan  in  lieu of a  Committee,  the  term
"Committee" as used herein shall be deemed to mean the Board.

         Members of the  Committee  who are either  eligible  for Awards or have
been granted Awards may vote on any matters affecting the  administration of the
Plan or the grant of Awards  pursuant  to the Plan,  except  that no such member
shall act upon the  granting  of an Award to  himself or  herself,  but any such
member may be counted in determining the existence of a quorum at any meeting of
the  Committee  during  which action is taken with respect to the granting of an
Award to him or her.

         The Committee  shall meet at such times and places and upon such notice
as it may determine.  A majority of the Committee shall constitute a quorum. Any
acts by the  Committee  may be taken at any meeting at which a quorum is present
and shall be by majority vote of those members  entitled to vote.  Additionally,
any acts  reduced to writing or approved in writing by all of the members of the
Committee shall be valid acts of the Committee.

         (b) Procedure After Registration of Common Stock.  Notwithstanding  the
provisions of subsection (a) above,  unless the Board itself is deemed to be the
Committee,  in the event that the Common Stock or any other capital stock of the
Corporation becomes registered under Section 12 of the Exchange Act, the members
of the Committee shall be both  "Non-Employee  Directors"  within the meaning of
Rule 16b-3, and "outside  directors" within the meaning of Section 162(m) of the
Code.  Upon and  after  the  point in time  that the  Common  Stock or any other
capital  stock of the  Corporation  becomes  registered  under Section 12 of the
Exchange Act, the Board shall take all action  necessary to cause the Plan to be
administered  in  accordance  with the then  effective  provisions of Rule 16b3,
provided  that any  amendment  to the Plan  required  for  compliance  with such
provisions shall be made in accordance with Section 13 of the Plan.

         (c) Powers of the  Committee.  The Committee  shall have all the powers
vested in it by the terms of the Plan, such powers to include authority,  in its
sole and absolute  discretion,  to grant Awards under the Plan,  prescribe Grant
Agreements  evidencing such Awards and establish  programs for granting  Awards.
The  Committee  shall have full power and  authority  to take all other  actions
necessary  to carry out the purpose and intent of the Plan,  including,  but not
limited to, the authority to:

               (i) determine the eligible persons to whom, and the time or times
at which Awards shall be granted,

               (ii) determine the types of Awards to be granted,

               (iii) determine the number of shares to be covered by or used for
reference purposes for each Award,

               (iv) impose such terms, limitations,  restrictions and conditions
upon any such Award as the Committee shall deem appropriate,

               (v)  modify,  extend  or renew  outstanding  Awards,  accept  the
surrender of outstanding Awards and substitute new Awards, provided that no such
action  shall be  taken  with  respect  to any  outstanding  Award  which  would
adversely affect the grantee without the grantee's consent,

               (vi)  accelerate  or otherwise  change the time in which an Award
may be exercised or becomes  payable and to waive or  accelerate  the lapse,  in
whole or in part, of any  restriction  or condition  with respect to such Award,
including,  but not limited to, any restriction or condition with respect to the
vesting or  exercisability  of an Award  following  termination of any grantee's
employment, and

               (vii) to establish objectives and conditions, if any, for earning
Awards  and  determining  whether  Awards  will  be  paid  after  the  end  of a
performance period.

The Committee  shall have full power and  authority to administer  and interpret
the  Plan and to adopt  such  rules,  regulations,  agreements,  guidelines  and
instruments  for the  administration  of the  Plan  and for the  conduct  of its
business as the Committee  deems  necessary or advisable and to interpret  same,
all within the Committee's sole and absolute discretion.

        (d) Limited Liability. To the maximum extent permitted by law, no member
of the Board or Committee  shall be liable for any action taken or decision made
in good faith relating to the Plan or any Award thereunder.

        (e) Indemnification. To the maximum extent permitted by law, the members
of the Board and Committee shall be indemnified by the Corporation in respect of
all their activities under the Plan.

        (f) Effect of Committee's Decision.  All actions taken and decisions and
determinations  made  by the  Committee  on all  matters  relating  to the  Plan
pursuant to the powers vested in it hereunder shall be in the  Committee's  sole
and  absolute  discretion  and shall be  conclusive  and  binding on all parties
concerned,  including the Corporation, its stockholders, any participants in the
Plan and any other employee of the Corporation,  and their respective successors
in interest.

4.       Shares Available for the Plan; Maximum Awards

         Subject to  adjustments  as  provided  in  Section 12 of the Plan,  the
shares of Common Stock that may be delivered or purchased or used for  reference
purposes  (with  respect to stock  appreciation  rights,  phantom stock units or
performance  awards  payable in cash) with respect to Awards  granted  under the
Plan,  including  with respect to incentive  stock  options  intended to qualify
under  Section 422 of the Code,  shall not exceed an aggregate of Three  Million
Six  Hundred  Forty-Five  Thousand  (3,645,000)  shares of  Common  Stock of the
Corporation.  The  Corporation  shall  reserve  said number of shares for Awards
under the Plan, subject to adjustments as provided in Section 12 of the Plan. If
any  Award,  or  portion  of an Award,  under  the Plan  expires  or  terminates
unexercised,  becomes  unexercisable  or is forfeited  or otherwise  terminated,
surrendered  or  canceled  as to any shares  without  the  delivery of shares of
Common  Stock or other  consideration,  the shares  subject to such Award  shall
thereafter  be  available  for further  Awards under the Plan unless such shares
would not be deemed  available for future  grants  pursuant to Rule 16b-3 of the
General Rules and  Regulations  under the Exchange Act, or any successor rule or
regulation ("Rule 16b-3").

         The maximum  number of shares of Common Stock  subject to Awards of any
combination  that  may be  granted  during  any  one  calendar  year  to any one
individual  shall be limited to Nine Hundred  Eleven  Thousand Two Hundred Fifty
(911,250).  To the extent  required by Section 162(m) of the Code and so long as
Section  162(m) of the Code is applicable to persons  eligible to participate in
the Plan,  shares of Common Stock subject to the foregoing limit with respect to
which the related Award is  terminated,  surrendered or canceled shall not again
be available for grant under this limit.

5.       Participation

         Participation  in the Plan  shall be open to all  employees,  officers,
directors and consultants of the Corporation,  or of any Parent or Subsidiary of
the  Corporation,  as may be  selected  by the  Committee  from  time  to  time.
Notwithstanding the foregoing,  participation in the Plan with respect to Awards
of incentive  stock options shall be limited to employees of the  Corporation or
of any Parent or Subsidiary of the Corporation.

         Awards may be granted to such eligible  persons and for or with respect
to such  number  of shares of Common  Stock as the  Committee  shall  determine,
subject to the  limitations  in  Section_4  of the Plan.  A grant of any type of
Award made in any one year to an eligible  person shall  neither  guarantee  nor
preclude a further  grant of that or any other  type of Award to such  person in
that year or subsequent years.

6.       Stock Options

         Subject to the other  applicable  provisions of the Plan, the Committee
may from time to time  grant to  eligible  participants  Awards of  nonqualified
stock options or incentive  stock options as that term is defined in Section 422
of the Code.  The stock option Awards  granted shall be subject to the following
terms and conditions.

         (a) Grant of Option.  The grant of a stock option shall be evidenced by
a Grant  Agreement,  executed by the  Corporation  and the grantee,  stating the
number of shares of Common Stock subject to the stock option  evidenced  thereby
and the terms and conditions of such stock option, in such form as the Committee
may from time to time determine.

         (b) Price.  The price per share payable upon the exercise of each stock
option  ("exercise  price")  shall be  determined  by the  Committee;  provided,
however,  that in the case of incentive stock options,  the exercise price shall
not be less than  100% of the Fair  Market  Value of the  shares on the date the
stock option is granted.

         (c)  Payment.  Stock  options may be  exercised  in whole or in part by
payment of the exercise  price of the shares to be acquired in  accordance  with
the provisions of the Grant Agreement,  and/or such rules and regulations as the
Committee may have prescribed, and/or such determinations,  orders, or decisions
as the Committee may have made. Payment may be made in cash (or cash equivalents
acceptable  to the  Committee)  or,  if  allowed  by the  Committee  in its sole
discretion,  in shares of Common  Stock or a  combination  of cash and shares of
Common Stock,  or by such other means as the Committee may  prescribe.  The Fair
Market  Value of shares of Common Stock  delivered on exercise of stock  options
shall be determined as of the date of exercise. Shares of Common Stock delivered
in payment of the exercise price may be previously  owned shares or, if approved
by the  Committee,  shares  acquired  upon  exercise  of the stock  option.  Any
fractional  share will be paid in cash.  The  Corporation  may make or guarantee
loans to grantees to assist grantees in exercising  stock options and satisfying
any related withholding tax obligations.

         If the Common Stock is  registered  under Section 12(b) or 12(g) of the
Exchange Act, the  Committee,  subject to such  limitations as it may determine,
may authorize payment of the exercise price, in whole or in part, by delivery of
a properly executed exercise notice, together with irrevocable instructions, to:
(i) a brokerage firm  designated by the  Corporation to deliver  promptly to the
Corporation  the  aggregate  amount of sale or loan proceeds to pay the exercise
price and any withholding tax obligations  that may arise in connection with the
exercise,  and  (ii)  the  Corporation  to  deliver  the  certificates  for such
purchased shares directly to such brokerage firm.

         (d) Terms of Options.  The term during  which each stock  option may be
exercised shall be determined by the Committee. In no event shall a stock option
be  exercisable  more than ten years from the date it is  granted.  Prior to the
exercise of the stock option and delivery of the shares certificates represented
thereby, the grantee shall have none of the rights of a stockholder with respect
to any shares represented by an outstanding stock option.

         (e) Reload  Options.  The terms of a stock  option may  provide for the
automatic grant of a new stock option Award when the exercise price of the stock
option and/or any related tax withholding obligation is paid by tendering shares
of Common Stock,  provided that such  automatic  replenishment  feature shall be
limited to any extent required by rules,  regulations,  or interpretations under
the Exchange Act with respect to any particular grant of an Award in the case of
a grantee who is or becomes subject to Section 16 of the Exchange Act. Any stock
option Award which would  automatically be granted pursuant to this Section 6(e)
without any further  Committee  action may be exercisable  for not more than the
number of shares tendered to exercise the initial stock option and/or to pay any
tax  withholding  obligation  related to such  exercise,  shall have an exercise
price set at the then Fair Market  Value of such  shares,  and shall have a term
that does not extend beyond the term of the initial stock option.  The Committee
may include  such a reload  feature in a stock  option  Award at the time of the
initial  grant of the Award or may add such a reload  feature to an  outstanding
stock option Award as the Committee deems desirable;  provided,  however, that a
reload  feature  shall not be added to any  outstanding  incentive  stock option
Award without the consent of the grantee.

         (f)  Restrictions  on Incentive  Stock Options.  Incentive stock option
Awards granted under the Plan shall comply in all respects with Code Section 422
and, as such, shall meet the following additional requirements:

               (i) Grant Date. An incentive  stock option must be granted within
10 years of the  earlier of the Plan's  adoption  by the Board of  Directors  or
approval by the Corporation's shareholders.

               (ii) Exercise  Price and Term. The exercise price of an incentive
stock  option shall not be less than 100% of the Fair Market Value of the shares
on the date the  stock  option is  granted  and the term of an  incentive  stock
option  may not be  greater  than 10  years.  Also,  the  exercise  price of any
incentive  stock  option  granted to a grantee  who owns  (within the meaning of
Section 422(b)(6) of the Code, after the application of the attribution rules in
Section 424(d) of the Code) more than 10% of the total combined  voting power of
all  classes  of  shares  of  the   Corporation  or  its  Parent  or  Subsidiary
corporations  (within the meaning of Sections  422 and 424 of the Code) shall be
not less than 110% of the Fair  Market  Value of the  Common  Stock on the grant
date and the term of such stock option shall not exceed five years.

               (iii) Maximum Grant. The aggregate Fair Market Value  (determined
as of the  Grant  Date) of  shares of Common  Stock  with  respect  to which all
incentive stock options first become  exercisable by any grantee in any calendar
year  under  this or any  other  plan of the  Corporation  and  its  Parent  and
Subsidiary  corporations  may not exceed $100,000 or such other amount as may be
permitted  from time to time under  Section 422 of the Code.  To the extent that
such  aggregate  Fair Market Value shall exceed  $100,000,  or other  applicable
amount,  such stock options shall be treated as nonqualified  stock options.  In
such case, the  Corporation may designate the shares of Common Stock that are to
be treated as stock  acquired  pursuant to the  exercise of an  incentive  stock
option by issuing a separate  certificate  for such shares and  identifying  the
certificate as incentive  stock option shares in the stock  transfer  records of
the Corporation.

               (iv)  Grantee.  Incentive  stock  options shall only be issued to
employees of the Corporation, or of a Parent or Subsidiary of the Corporation.

               (v)  Designation.  No stock option  shall be an  incentive  stock
option  unless so  designated  by the  Committee  at the time of grant or in the
Grant Agreement evidencing such stock option.

        (g) Other Terms and  Conditions.  Stock  options may contain  such other
provisions,  not inconsistent  with the provisions of the Plan, as the Committee
shall determine appropriate from time to time.

7.       Stock Appreciation Rights

         (a) Award of Stock Appreciation Rights. Subject to the other applicable
provisions  of the  Plan,  the  Committee  may at any time and from time to time
grant stock appreciation rights ("SARs") to eligible  participants,  either on a
free-standing  basis  (without  regard to or in addition to the grant of a stock
option)  or on a tandem  basis  (related  to the  grant of an  underlying  stock
option), as it determines. SARs granted in tandem with or in addition to a stock
option may be granted  either at the same time as the stock option or at a later
time; provided,  however, that a tandem SAR shall not be granted with respect to
any outstanding incentive stock option Award without the consent of the grantee.
SARs shall be evidenced by Grant Agreements, executed by the Corporation and the
grantee,  stating  the  number  of shares of  Common  Stock  subject  to the SAR
evidenced  thereby and the terms and conditions of such SAR, in such form as the
Committee may from time to time determine. The term during which each SAR may be
exercised  shall be  determined  by the  Committee.  In no event  shall a SAR be
exercisable  more than ten years from the date it is granted.  The grantee shall
have none of the rights of a  stockholder  with  respect to any shares of Common
Stock represented by an SAR.

         (b)  Restrictions  of Tandem  SARs.  No  incentive  stock option may be
surrendered  in  connection  with the  exercise  of a tandem SAR unless the Fair
Market  Value of the Common  Stock  subject  to the  incentive  stock  option is
greater than the exercise price f or such incentive  stock option.  SARs granted
in tandem with stock  options shall be  exercisable  only to the same extent and
subject  to the  same  conditions  as the  stock  options  related  thereto  are
exercisable.  The  Committee  may,  in  its  discretion,   prescribe  additional
conditions to the exercise of any such tandem SAR.

         (c) Amount of Payment Upon  Exercise of SARs.  An SAR shall entitle the
grantee  to  receive,  subject  to the  provisions  of the  Plan  and the  Grant
Agreement,  a payment having an aggregate  value equal to the product of (i) the
excess of (A) the Fair Market Value on the exercise  date of one share of Common
Stock over (B) the base price per share specified in the Grant Agreement  (which
shall be  determined  by the  Committee but which shall not be less than 100% of
the Fair Market  Value of one share of Common  Stock on the date of grant of the
SAR),  times (ii) the number of shares specified by the SAR, or portion thereof,
which is exercised.  In the case of exercise of a tandem SAR, such payment shall
be made in exchange for the  surrender of the  unexercised  related stock option
(or any  portion  or  portions  thereof  which  the  grantee  from  time to time
determines to surrender for this purpose).

         (d) Form of Payment Upon Exercise of SARs.  Payment by the  Corporation
of the amount receivable upon any exercise of an SAR may be made by the delivery
of  Common  Stock or cash,  or any  combination  of Common  Stock  and cash,  as
determined in the sole  discretion  of the Committee  from time to time. If upon
settlement  of the  exercise of an SAR a grantee is to receive a portion of such
payment in shares of Common  Stock,  the number of shares shall be determined by
dividing such portion by the Fair Market Value of a share of Common Stock on the
exercise  date.  No  fractional  shares  shall be used for such  payment and the
Committee shall determine whether cash shall be given in lieu of such fractional
shares or whether such fractional shares shall be eliminated.

8.      Stock Awards (Including  Restricted and Unrestricted  Shares and Phantom
        Stock)

         (a)  Stock  Awards,  In  General.   Subject  to  the  other  applicable
provisions  of the  Plan,  the  Committee  may at any time and from time to time
grant  stock  Awards  to  eligible  participants  in such  amounts  and for such
consideration,  including no consideration or such minimum  consideration as may
be required by law, as it determines. A stock Award may be denominated in shares
of Common Stock or stock-equivalent  units ("phantom stock"), and may be paid in
Common  Stock,  in cash,  or in a  combination  of Common  Stock  and  cash,  as
determined in the sole discretion of the Committee from time to time.

         (b)  Restricted  Shares.  Each stock Award shall specify the applicable
restrictions,  if any,  on such  shares of Common  Stock,  the  duration of such
restrictions,  and the time or times at which such restrictions shall lapse with
respect to all or a specified  number of shares of Common Stock that are part of
the Award.  Notwithstanding  the foregoing,  the Committee may reduce or shorten
the duration of any restriction applicable to any shares of Common Stock awarded
to any grantee  under the Plan.  Share  certificates  with respect to restricted
shares of Common  Stock  granted  pursuant to a stock Award may be issued at the
time of grant of the stock Award,  subject to forfeiture if the  restrictions do
not lapse, or upon lapse of the restrictions.  If share  certificates are issued
at the  time of  grant  of the  stock  Award,  the  certificates  shall  bear an
appropriate  legend with respect to the  restrictions  applicable  to such stock
Award or, alternatively, the grantee may be required to deposit the certificates
with the Corporation during the period of any restriction thereon and to execute
a blank  stock  power  or other  instrument  of  transfer  therefor.  Except  as
otherwise provided by the Committee, during such period of restriction following
issuance of share  certificates,  the grantee  shall have all of the rights of a
holder of Common  Stock,  including  but not  limited  to the  rights to receive
dividends (or amounts  equivalent to dividends)  and to vote with respect to the
restricted  shares. If share  certificates are issued upon lapse of restrictions
on a stock Award, the Committee may provide that the grantee will be entitled to
receive any amounts per share pursuant to any dividend or  distribution  paid by
the Corporation on its Common Stock to stockholders of record after grant of the
stock Award and prior to the issuance of the share certificates.

         (c) Phantom Stock.  The grant of phantom stock units shall be evidenced
by a  Grant  Agreement,  executed  by the  Corporation  and  the  grantee,  that
incorporates  the terms of the Plan and states the number of phantom stock units
evidenced  thereby and the terms and  conditions  of such phantom stock units in
such form as the Committee may from time to time determine.  Phantom stock units
granted to a  participant  shall be credited to a  bookkeeping  reserve  account
solely for accounting purposes and shall not require a segregation of any of the
Corporation's  assets.  Phantom stock units may be exercised in whole or in part
by delivery of an  appropriate  exercise  notice to the  Committee in accordance
with the provisions of the Grant Agreement, and/or such rules and regulations as
the Committee may prescribe, and/or such determinations, orders, or decisions as
the Committee may make.  Except as otherwise  provided in the  applicable  Grant
Agreement,  the  grantee  shall  have none of the rights of a  stockholder  with
respect to any shares of Common Stock  represented  by a phantom stock unit as a
result of the grant of a phantom stock unit to the grantee.  Phantom stock units
may contain such other  provisions,  not inconsistent with the provisions of the
Plan, as the Committee shall determine appropriate from time to time.

9.       Performance Awards

         The  Committee may in its  discretion  grant  performance  Awards which
become  payable  on  account  of  attainment  of one or more  performance  goals
established by the Committee.  Performance Awards may be paid by the delivery of
Common Stock or cash, or any combination of Common Stock and cash, as determined
in the sole  discretion of the Committee  from time to time.  Performance  goals
established by the Committee may be based on the Corporation's  operating income
or one or more other business  criteria  selected by the Committee that apply to
an individual or group of individuals,  a business unit, or the Corporation as a
whole,  over  such  performance  period  as the  Committee  may  designate.  The
Committee  in its  discretion  may  recommend  to the Board of  Directors of the
Corporation  that the material  terms of any  Performance  Award or program with
respect to some or all eligible  participants  be submitted  for approval by the
stockholders.

10.      Withholding of Taxes

         The Corporation  may require,  as a condition to the grant of any Award
under  the  Plan or  exercise  pursuant  to such  Award  or to the  delivery  of
certificates  for shares issued or payments of cash to a grantee pursuant to the
Plan or a Grant Agreement  (hereinafter  collectively  referred to as a "taxable
event"),  that the grantee pay to the Corporation,  in cash or, unless otherwise
determined  by the  Corporation,  in shares of Common  Stock,  including  shares
acquired upon grant of the Award or exercise of the Award, valued at Fair Market
Value on the date as of which the withholding  tax liability is determined,  any
federal,  state or local taxes of any kind  required by law to be withheld  with
respect to any taxable  event  under the Plan.  The  Corporation,  to the extent
permitted or required by law, shall have the right to deduct from any payment of
any kind  (including  salary or bonus)  otherwise  due to a grantee any federal,
state or local taxes of any kind  required by law to be withheld with respect to
any  taxable  event  under the  Plan,  or to  retain  or sell  without  notice a
sufficient  number of the shares to be issued to such  grantee to cover any such
taxes.

11.      Transferability

         Unless  determined  otherwise by the  Committee and in any event in the
case of an incentive  stock option or a stock  appreciation  right  granted with
respect to an incentive  stock option,  no Award granted under the Plan shall be
transferable  by a grantee  otherwise  than by will or the laws of  descent  and
distribution.  Unless  otherwise  determined by the Committee in accord with the
provisions  of the  immediately  preceding  sentence,  an Award may be exercised
during the  lifetime of the grantee,  only by the grantee or,  during the period
the  grantee is under a legal  disability,  by the  grantee's  guardian or legal
representative.

12.      Adjustments; Business Combinations

         In the  event of a  reclassification,  recapitalization,  stock  split,
stock  dividend,  combination  of shares,  or other similar  event,  the maximum
number and kind of shares  reserved for issuance or with respect to which Awards
may be granted  under the Plan as  provided  in Section 4 shall be  adjusted  to
reflect such event,  and the Committee  shall make such  adjustments as it deems
appropriate  and  equitable in the number,  kind and price of shares  covered by
outstanding Awards made under the Plan, and in any other matters which relate to
Awards and which are  affected  by the changes in the Common  Stock  referred to
above.

         In the event of any proposed  Change in Control,  the  Committee  shall
take  such  action as it deems  appropriate  and  equitable  to  effectuate  the
purposes of this Plan and to protect the  grantees of Awards,  which  action may
include,  but  without  limitation,  any  one  or  more  of the  following:  (i)
acceleration  or change of the exercise  dates of any Award;  (ii)  arrangements
with  grantees  for the  payment of  appropriate  consideration  to them for the
cancellation  and  surrender  of any Award;  and (iii) in any case where  equity
securities  other  than  Common  Stock of the  Corporation  are  proposed  to be
delivered in exchange  for or with  respect to Common Stock of the  Corporation,
arrangements  providing  that any Award  shall  become one or more  Awards  with
respect to such other equity securities.

         The  Committee  is  authorized  to make  adjustments  in the  terms and
conditions of, and the criteria included in, Awards in recognition of unusual or
nonrecurring events (including,  without limitation, the events described in the
preceding two paragraphs of this Section 12) affecting the  Corporation,  or the
financial  statements of the  Corporation  or any  Subsidiary,  or of changes in
applicable laws, regulations,  or accounting principles,  whenever the Committee
determines that such adjustments are appropriate in order to prevent dilution or
enlargement of the benefits or potential  benefits intended to be made available
under the Plan.

         In the event the  Corporation  dissolves  and  liquidates  (other  than
pursuant  to a plan of  merger  or  reorganization),  then  notwithstanding  any
restrictions on exercise set forth in this Plan or any Grant Agreement, or other
agreement  evidencing a stock  option,  stock  appreciation  right or restricted
stock Award:  (i) each grantee shall have the right to exercise his stock option
or stock  appreciation  right,  or to  require  delivery  of share  certificates
representing  any such  restricted  stock Award, at any time up to ten (10) days
prior to the effective date of such  liquidation and  dissolution;  and (ii) the
Committee may make arrangements with the grantees for the payment of appropriate
consideration  to them for the  cancellation  and surrender of any stock option,
stock  appreciation  right or  restricted  stock  Award that is so  canceled  or
surrendered  at any time up to ten (10) days prior to the effective date of such
liquidation and dissolution. The Committee may establish a different period (and
different conditions) for such exercise, delivery, cancellation, or surrender to
avoid  subjecting  the grantee to liability  under Section 16(b) of the Exchange
Act. Any stock option or stock appreciation right not so exercised, canceled, or
surrendered shall terminate on the last day for exercise prior to such effective
date; and any  restricted  stock as to which there has not been such delivery of
share  certificates  or that has not been so canceled or  surrendered,  shall be
forfeited on the last day prior to such effective date. The Committee shall give
to each grantee  written notice of the  commencement of any proceedings for such
liquidation and  dissolution of the  Corporation  and the grantee's  rights with
respect to his outstanding Award.

13.      Termination and Modification of the Plan

         The Board, without further approval of the stockholders,  may modify or
terminate  the  Plan  or  any  portion  thereof  at any  time,  except  that  no
modification  shall become effective  without prior approval of the stockholders
of the  Corporation if stockholder  approval is necessary to comply with any tax
or  regulatory  requirement  or rule of any exchange or Nasdaq System upon which
the Common Stock is listed or quoted;  including  for this  purpose  stockholder
approval  that  is  required  for  continued   compliance  with  Rule  16b-3  or
stockholder approval that is required to enable the Committee to grant incentive
stock options pursuant to the Plan.

         The  Committee  shall be  authorized  to make  minor or  administrative
modifications  to the  Plan as well as  modifications  to the  Plan  that may be
dictated by  requirements of federal or state laws applicable to the Corporation
or that may be  authorized  or made  desirable by such laws.  The  Committee may
amend or modify the grant of any  outstanding  Award in any manner to the extent
that  the  Committee  would  have had the  authority  to make  such  Award as so
modified or amended.

14.      Non-Guarantee of Employment

         Nothing in the Plan or in any Grant Agreement  thereunder  shall confer
any right on an employee to continue in the employ of the  Corporation  or shall
interfere in any way with the right of the  Corporation to terminate an employee
at any time.

15.      Termination of Employment

         For  purposes  of  maintaining  a  grantee's  continuous  status  as an
employee  and accrual of rights under any Award,  transfer of an employee  among
the  Corporation  and the  Corporation's  Parent  or  Subsidiaries  shall not be
considered a termination of employment. Nor shall it be considered a termination
of  employment  for such  purposes  if an employee is placed on military or sick
leave or such other leave of absence which is  considered  as continuing  intact
the employment  relationship;  in such a case, the employment relationship shall
be continued until the date when an employee's  right to  reemployment  shall no
longer be guaranteed either by law or contract.

16.      Written Agreement

         Each Grant Agreement entered into between the Corporation and a grantee
with respect to an Award granted under the Plan shall  incorporate  the terms of
this Plan and shall contain such  provisions,  consistent with the provisions of
the Plan, as may be established by the Committee.

17.      Non-Uniform Determinations

         The  Committee's  determinations  under  the  Plan  (including  without
limitation determinations of the persons to receive Awards, the form, amount and
timing  of  such  Awards,  the  terms  and  provisions  of such  Awards  and the
agreements  evidencing  same)  need  not  be  uniform  and  may  be  made  by it
selectively among persons who receive, or are eligible to receive,  Awards under
the Plan, whether or not such persons are similarly situated.

18.      Limitation on Benefits

         With  respect to persons  subject  to Section 16 of the  Exchange  Act,
transactions  under  this  Plan are  intended  to  comply  with  all  applicable
conditions  of Rule 16b-3.  To the extent any provision of the Plan or action by
the  Committee  fails to so  comply,  it shall be deemed  null and void,  to the
extent permitted by law and deemed advisable by the Committee.

19.      Listing and Registration

         If  the  Corporation  determines  that  the  listing,  registration  or
qualification  upon any  securities  exchange or upon any  listing or  quotation
system  established  by the National  Association  of Securities  Dealers,  Inc.
("Nasdaq  System") or under any law, of shares subject to any Award is necessary
or desirable as a condition of, or in connection  with,  the granting of same or
the issue or purchase of shares  thereunder,  no such Award may be  exercised in
whole or in part and no  restrictions  on such Award  shall  lapse,  unless such
listing,  registration or  qualification  is effected free of any conditions not
acceptable to the Corporation.

20.      Compliance with Securities Law

         The Corporation may require that a grantee,  as a condition to exercise
of an Award,  and as a  condition  to the  delivery  of any  share  certificate,
provide  to the  Corporation,  at the time of each such  exercise  and each such
delivery,  a  written  representation  that the  shares of  Common  Stock  being
acquired  shall be acquired by the grantee solely for investment and will not be
sold or transferred  without  registration  or the  availability of an exemption
from registration under the Securities Act and applicable state securities laws.
The   Corporation   may  also  require  that  a  grantee  submit  other  written
representations  which will permit the  Corporation  to comply with  federal and
applicable  state  securities laws in connection with the issuance of the Common
Stock, including representations as to the knowledge and experience in financial
and  business  matters  of the  grantee  and the  grantee's  ability to bear the
economic risk of the grantee's investment.  The Corporation may require that the
grantee  obtain  a  "purchaser  representative"  as  that  term  is  defined  in
applicable  federal and state  securities  laws. The stock  certificates for any
shares  of  Common  Stock  issued  pursuant  to  this  Plan  may  bear a  legend
restricting transferability of the shares of Common Stock unless such shares are
registered or an exemption from  registration  is available under the Securities
Act and  applicable  state  securities  laws.  The  Corporation  may  notify its
transfer  agent to stop any  transfer  of  shares  of  Common  Stock not made in
compliance  with  these  restrictions.  Common  Stock  shall not be issued  with
respect to an Award granted under the Plan unless the exercise of such Award and
the issuance and delivery of share  certificates  for such Common Stock pursuant
thereto  shall comply with all relevant  provisions of law,  including,  without
limitation,  the  Securities  Act, the Exchange  Act, the rules and  regulations
promulgated thereunder, and the requirements of any national securities exchange
or Nasdaq  System upon which the Common Stock may then be listed or quoted,  and
shall be further  subject to the  approval of counsel for the  Corporation  with
respect  to such  compliance  to the  extent  such  approval  is  sought  by the
Committee.

21.      No Limit on Other Compensation Arrangements

         Nothing  contained  in the Plan shall  prevent the  Corporation  or its
Parent or  Subsidiary  corporations  from adopting or continuing in effect other
compensation  arrangements (whether such arrangements be generally applicable or
applicable only in specific cases) as the Committee in its discretion determines
desirable,  including  without  limitation the granting of stock options,  stock
awards,  stock  appreciation  rights or phantom stock units otherwise than under
the Plan.

22.      No Trust or Fund Created

         Neither the Plan nor any Award shall create or be construed to create a
trust or  separate  fund of any kind or a  fiduciary  relationship  between  the
Corporation and a grantee or any other person. To the extent that any grantee or
other person acquires a right to receive payments from the Corporation  pursuant
to an Award,  such  right  shall be no greater  than the right of any  unsecured
general creditor of the Corporation.

23.      Governing Law

         The validity,  construction and effect of the Plan, of Grant Agreements
entered into pursuant to the Plan, and of any rules, regulations, determinations
or decisions  made by the Board or Committee  relating to the Plan or such Grant
Agreements, and the rights of any and all persons having or claiming to have any
interest  therein or thereunder,  shall be determined  exclusively in accordance
with  applicable  federal  laws and the laws of the State of  Delaware,  without
regard to its conflict of laws rules and principles.

24.      Plan Subject to Charter and By-Laws

         This Plan is subject to the Charter and By-Laws of the Corporation,  as
they may be amended from time to time.

25.      Effective Date; Termination Date

         The Plan is  effective  as of the date on which the Plan was adopted by
the Board,  subject to approval of the stockholders  within twelve months before
or after such date.  No Award shall be granted under the Plan after the close of
business on the day immediately preceding the tenth anniversary of the effective
date of the Plan. Subject to other applicable provisions of the Plan, all Awards
made under the Plan prior to such termination of the Plan shall remain in effect
until such Awards have been satisfied or terminated in accordance  with the Plan
and the terms of such Awards.EXHIBIT 4.7

                               MAPQUEST.COM, INC.
                             1995 STOCK OPTION PLAN
                       MODIFIED TO REFLECT CHANGES MADE BY
                            AMENDMENTS 1, 2, 3 AND 4

                                  I. THE PLAN

          1.  Purpose.  The  purpose of this Plan is to provide a means  whereby
MapQuest.com, Inc. (formerly Geosystems Global Corporation) (the "Company") may,
through the grant of stock options to Key Employees,  as defined below,  attract
and retain  persons of ability as employees,  and motivate such persons to exert
their best efforts on behalf of the Company or any present or future  Subsidiary
thereof.  As used herein, the term "Subsidiary" shall mean any corporation which
at the time an option is granted  under this Plan  qualifies as a subsidiary  of
the Company  under the  definition  of  "subsidiary  corporation"  contained  in
Section  424(f) of the Internal  Revenue Code of 1986 (the  "Code"),  as amended
from time to time, or any similar provision hereafter enacted,  except that such
term  shall  not  include  any  corporation  which is  classified  as a  foreign
corporation pursuant to Section 7701 of the Code. The term "Key Employees" shall
mean those employees (including officers who are also employees) and consultants
of the  Company or of any  Subsidiary,  who, in the  judgment  of the  Committee
defined in Section 2 below, are considered especially important to the future of
the Company.  The options to purchase  Common  Stock,  $0.001 par value,  of the
Company  ("Stock")  granted under the Plan ("Options") are intended to be either
incentive  stock  options  within  the  meaning  of  Section  422  of  the  Code
("Incentive  Stock  Options") or options that do not meet the  requirements  for
Incentive Stock Options ("Nonqualified Stock Options").

         2.  Administration  of the Plan. The Plan shall be  administered by the
Stock  Option  Committee  (the  "Committee")  of the Board of  Directors  of the
Company (the "Board"). The function of the Committee may be performed by another
standing  committee of the Company's Board or a portion  thereof  (provided that
the  members  are  qualified  hereunder)  and all  references  hereunder  to the
Committee  shall be deemed to refer to such  committee or portion  thereof.  The
Committee  shall consist of not less than two (2) members of the Board,  each of
whom shall be an "outside  director"  within the meaning of Code Section  162(m)
and  "non-employee  director" within the meaning of Rule 16b-3 (or any successor
rule or regulation)  promulgated  under the Securities  Exchange Act of 1934, as
amended (the "Exchange Act"). Members of the Committee shall be appointed by the
Board and serve at the Board's pleasure. Each member of the Committee shall be a
member of the Board.  Any vacancy  occurring in the  membership of the Committee
shall be filled by appointment by the Board. All decisions and selections by the
Committee  pursuant to the provisions of the Plan shall be made by a majority of
its members. A member of the Committee who is eligible to receive a stock option
under the Plan  shall not vote on any  question  relating  specifically  to that
member.  Any decision  reduced to writing and signed by all of the members shall
be fully effective as if it had been  unanimously made at a duly held meeting of
the Committee.

         The Committee may interpret the Plan, prescribe,  amend and rescind any
rules and  regulations  necessary or appropriate for the  administration  of the
Plan or for the  continued  qualification  of any stock  options  granted to Key
Employees,  and make such other determinations and take such other actions as it
deems necessary or advisable.  Without limiting the generality of the foregoing,
the  Committee  may, in its  discretion,  treat all or any portion of any period
during  which a Key  Employee  is on military  leave or on an approved  leave of
absence  from the  Company  or a  Subsidiary  as a period of  employment  by the
Company or such  Subsidiary,  as the case may be, and not as an  interruption of
employment,  for purposes of maintaining the Key Employee's continuous status as
an  employee  and  accrual  of rights  under any  Options.  Any  interpretation,
determination  or other  action made or taken by the  Committee  shall be final,
binding and conclusive.

         If the Board does not  appoint a Stock  Option  Committee  as  provided
above, the Board itself shall administer the Plan and the term "Committee" shall
be deemed to refer to the Board.

                                  II. OPTIONS

         1. Options.  Subject to the  provisions of the Plan,  the Committee may
grant  Options from time to time in accordance  with  provisions of this Article
II.

         2.  Shares  Subject to  Options.  Options may be granted by the Company
from time to time to Key Employees to purchase an aggregate of 2,308,751  shares
of Stock  (subject to  adjustment  hereunder).  The Company  shall  reserve said
number of shares for Options  granted  under the Plan subject to  adjustment  as
provided  in Section 1 of Article  IV. The shares  issued  upon the  exercise of
Options  granted under the Plan may be authorized and unissued  shares or shares
held by the Company in its treasury.  If any Options  granted  hereunder  should
expire or become  unexercisable  for any reason without having been exercised in
full, the unpurchased  shares which were subject to an Option shall,  unless the
Plan shall have been  terminated,  be available  for the grant of other  options
under the Plan.

         The maximum  number of shares of Common  Stock  subject to Options that
may be  granted  during any one  calendar  year to any one  individual  shall be
limited to 188,959.  To the extent required by Section 162(m) of the Code and so
long as  Section  162(m)  of the  Code is  applicable  to  persons  eligible  to
participate in the Plan,  shares of Common Stock subject to the foregoing  limit
with respect to which the related Option is terminated,  surrendered or canceled
shall not again be available for grant under this limit.

         3. Grant of Options to Key Employees.  Subject to the provisions of the
Plan, and in particular  this Article II, the Committee  shall (i) determine and
designate  from  time to time  those Key  Employees  to whom  Options  are to be
granted and the number of shares of Stock to be  optioned to each such  employee
and (ii)  determine  the time or times when and the manner in which each  Option
shall be exercisable  and the duration of the exercise  period.  Notwithstanding
the above,  no Option  shall be  granted  pursuant  to this  Section 3 after the
expiration of ten (10) years from the  effective  date of the Plan as defined in
Section 5 of Article IV hereof.

         Options  need not be  identical  and in fixing the terms of any Option,
the Committee may take into account such individual factors bearing on the value
of an employee as it considers appropriate.

         4. Terms and Conditions of Options.  Each Option granted under the Plan
to a Key  Employee  pursuant  to  Section  3  hereof  shall be  evidenced  by an
agreement  with the Optionee (the "Option  Agreement") in a form approved by the
Committee.  Each  Option  and the  Option  Agreement  shall  be  subject  to the
following express terms and conditions and to such other terms and conditions as
the Committee may deem appropriate.

         (a)  Option  Period.  Subject  to the terms of  Section 3 hereof,  each
Option  Agreement  shall  specify the period for which the Option  thereunder is
granted and exercisable,  as determined by the Committee, and shall provide that
the  Option  shall  expire  at the end of such  period.  In no event  shall  any
Incentive  Stock Option be  exercisable  after the  expiration of ten (10) years
from  the  date of  grant  provided,  however,  that if the  exercise  price  is
determined  pursuant to Section 4(c)(2) hereof,  an Incentive Stock Option shall
not be  exercisable  after the  expiration  of five (5)  years  from the date of
grant.

         (b) Date of Grant.  The date of grant of an  Option  to a Key  Employee
under the Plan shall, for all purposes, be the date on which the Committee makes
the determination of granting such Option.  Notice of the determination shall be
given to each Key  Employee to whom an Option is so granted  within a reasonable
time after the date of such grant.

         (c)      Option Price.

         (1) The  option  price per share of Stock  shall be  determined  by the
Committee  at the time any Option is  granted  and shall not be less than (A) in
the case of Incentive Stock Options, the fair market value of one share of Stock
on the  date  the  Incentive  Stock  Option  is  granted  or (B) in the  case of
Nonqualified  Stock  Options,  the lesser of $0.10 per share or the fair  market
value  of one  share of stock on the  date  the  Nonqualified  Stock  Option  is
granted.  The Committee  shall have full  authority to determine the fair market
value of a share  of  stock.  If the  Stock is  traded  in the  over-the-counter
market,  then such fair market value shall be deemed to be the arithmetical mean
between  the asked and the bid  prices  between  the  opening  of the market and
closing on such date,  as  reported  by any market  makers in the Stock.  If the
Stock is traded on an  exchange,  then such fair market value shall be deemed to
be the  arithmetical  mean of the high and low  prices  at which it is quoted or
traded between the opening of the market and closing on such day on the exchange
on which it generally has the greatest trading volume.

         (2) If an  Incentive  Stock  Option is granted to a Key  Employee  then
owning Stock  possessing more than 10% of the total combined voting power of all
classes of stock of the  Company  or any  Subsidiary  taking  into  account  the
attribution  rules of Section 424(d) of the Code,  then the Committee  shall set
the  Incentive  Stock Option  price per share of Stock at 110% of the  Incentive
Stock Option price determined pursuant to subsection (1) hereof.

         (d) Exercise of Option. (1) Subject to subsection (2) below, the Option
Agreement may provide that the Option may be exercised in such  installments  as
the Committee may determine during the option period.

         (2) In the event the  aggregate  fair market value  (determined  at the
time the option is  granted)  of stock with  respect  to which  Incentive  Stock
Options are exercisable  hereunder for the first time by any Key Employee during
any one  calendar  year (under this Plan and all other  Incentive  Stock  Option
Plans of the Company or any  Subsidiary)  shall  exceed  $100,000,  such options
shall be treated in part as Incentive  Stock Options and in part as Nonqualified
Stock  Options,  taking  options  into  account  in the order in which they were
granted.  In such a case, the Company may designate the shares of stock that are
to be treated as stock acquired  pursuant to the exercise of an Incentive  Stock
Option by issuing a separate  certificate  for such shares and  identifying  the
certificate as Incentive  Stock Option shares in the stock  transfer  records of
the Company.

         (e) Exercise During  Employment or Following  Retirement,  Termination,
Disability  or  Death.  Unless  otherwise  provided  in the  terms of an  Option
Agreement,  an Option may be exercised by an Optionee only while the Optionee is
an employee of the Company or a Subsidiary and has maintained  continuous status
as an  employee  since  the  date of the  grant  of the  Option,  except  if the
Optionee's  continuous  employment ceases by reason of the Optionee's  voluntary
termination  of employment,  retirement,  involuntary  termination  due to staff
reduction  or  other  internal  reorganization,  disability  or  death.  If  the
continuous  employment  of an  Optionee  ceases  as a result  of the  Optionee's
voluntary  termination of  employment,  retirement or termination by the Company
for any or no reason  (other than for cause as set forth  below),  the  Optionee
may, but only within a period of ninety (90) days beginning on the day following
the date of such  termination  of  employment  (and no  later  than the date the
Option would otherwise expire),  exercise the option to the extent that Optionee
was  entitled  to  exercise  it at the date of such  termination  of  continuous
employment.  If the  continuous  employment  of an Optionee is  terminated  as a
result of the  Optionee's  disability,  such Optionee may, but only within a one
(1) year period from the date of such  termination  of employment  (and no later
than the date that the Option would  otherwise  expire),  exercise the Option to
the extent the Optionee was entitled to exercise the Option immediately prior to
the Optionee's termination of continuous employment.  To the extent the Optionee
was entitled to exercise the Option  immediately  prior to the Optionee's death,
such Option of the deceased  Optionee may be exercised,  but only within one (1)
year from the date of the Optionee's  death (and no later than the date on which
such Option would  otherwise  expire),  by the person or persons  (including the
Optionee's  estate) to whom the  Optionee's  rights under such Option shall have
passed  by will or by the  laws of  descent  and  distribution.  Termination  of
continuous  employment  by the  Company  for cause  (under  the  Company's  then
existing personnel policies),  shall result in theimmediate  cancellation of the
Option.

         The  terms  "continuous   employment"  and  "continuous  status  as  an
employee" mean the absence of any interruption or termination of employment with
the Company or with any presentor  future  Subsidiary.  Employment  shall not be
considered  interrupted  in the case of  transfers  between  the Company and any
Subsidiary or between Subsidiaries, nor in the case of any military leave or any
approved leave of absence which the Committee,  in its  discretion,  treats as a
period of employment.

         (f) Non-transferability.  No Option granted to a Key Employee under the
Plan shall be  transferable  other  than by will or by the laws of  descent  and
distribution.   During  the  lifetime  of  the  Optionee,  an  Option  shall  be
exercisable only by the Optionee.

         (g) No Rights as  Shareholder.  No Optionee  shall have any rights as a
shareholder with respect to any shares of Stock subject to the Optionee's Option
prior to the date of issuance to the Optionee of a certificate  or  certificates
for such shares.

         (h) No Rights to Continued Employment.  The Plan and any Option granted
pursuant to Section 3 of this  Article II shall not confer upon any Key Employee
any right with  respect  to  continuance  of  employment  by the  Company or any
Subsidiary  nor shall they interfere in any way with the right of the Company or
any Subsidiary  employing an Optionee to terminate the Optionee's  employment at
any time.

         5.  Disposition of Shares by Key Employees.  (1) With respect to shares
of Stock acquired as a result of the exercise of an Incentive Stock Option,  any
disposition  of such  shares  other than by will or by the laws of  descent  and
distribution  before  the  later of the  expiration  of the two (2) year  period
beginning on the date such Incentive  Stock Option was granted or the expiration
of the one (1) year period  beginning  on the date of the transfer of such share
pursuant  to  such  exercise,  will  not be  prohibited  by the  Plan,  but  may
disqualify the disposition from receiving  favorable tax treatment under Section
421(a) of the Code.

         (2) No  share of  Stock  acquired  as a  result  of the  exercise  of a
Nonqualified  Stock  Option  granted  under  the Plan  shall be  subject  to any
restrictions on transferability or otherwise on account of the Plan.

         6. Code Requirements for Incentive Stock Options.  Each Incentive Stock
Option  Agreement  shall contain such terms and  provisions as the Committee may
determine to be necessary or desirable in order to qualify such Incentive  Stock
Option as an  Incentive  Stock  Option  within the meaning of Section 422 of the
Code.

                      III. EXERCISE AND PURCHASE PROVISIONS

         1.  Limitation  on Exercise of Options.  Each Option  granted under the
Plan shall  provide  that the Option may not be exercised in whole or in part by
the  Optionee for less than 100 shares of Stock unless only less than 100 shares
of Stock  remain  subject  to the  Option.  In  addition,  an Option  may not be
exercised for a fractional share.

         2.  Payment of  Purchase  Price upon  Exercise  of Option.  Each Option
granted under the Plan shall provide that the purchase price of the shares as to
which  an  Option  is  exercised  will  be paid to the  Company  at the  time of
exercise,  either in cash,  or in Stock  already  owned by the Optionee or to be
acquired by the Optionee  upon  exercise of the Option,  and having a total fair
market value, as determined by the Committee, equal to the purchase price, or in
a  combination  of cash  and  Stock  having a total  fair  market  value,  as so
determined, equal to the purchase price.

         3. Procedure for Exercising Options. Each Option granted under the Plan
shall be  exercisable  at such  times  and  under  such  conditions  as shall be
permissible under the terms of the Plan and the Incentive Stock Option Agreement
or the Nonqualified Stock Option Agreement, as the case may be.

         An Option may be  exercised,  subject to the  applicable  provisions of
this Plan relative to its termination and limitations on its exercise, from time
to time only by (i) written notice of intent to exercise the Option with respect
to a specified  number of shares and,  contemporaneously  with  delivery of each
such notice,  (ii) tender of the purchase price as provided in Section 2 hereof.
Each such notice and payment shall be delivered, or mailed by prepaid registered
or certified  mail,  addressed to the  Treasurer of the Company at its executive
offices.

         In connection with the exercise of an Option, the Optionee may complete
and sign an Option  Exercise Form along with signed written  instructions to the
Company instructing the Company to deliver the Stock to a broker or other party.
Upon receipt of such signed, completed Option Exercise Form, the written, signed
instructions, and full payment in cash for the Stock to be acquired, the Company
shall  deliver  the Stock to the broker or other  party in  accordance  with the
written instructions.

                          IV. MISCELLANEOUS PROVISIONS

         1.  Adjustments in Event of Change in Common Stock. In the event of any
change in the  Common  Stock of the  Company  by  reason of any stock  dividend,
recapitalization,  reorganization, merger, consolidation, split-up, combination,
or exchange of shares,  or rights  offering to purchase  Common Stock at a price
substantially  below fair market value,  or of any similar change  affecting the
Stock,  the number and kind of shares which  thereafter may be optioned and sold
under the Plan pursuant to Articles II and III hereof and the number and kind of
shares subject to Option in outstanding option agreements and the purchase price
per share thereof shall be appropriately adjusted consistent with such change in
such manner as the Committee may deem equitable to prevent substantial  dilution
or enlargement of the rights granted to, or available for,  participants  in the
Plan.

         2. Compliance With Other Laws and Regulations.  The Plan, the grant and
exercise of Options  thereunder  and the  obligations of the Company to sell and
deliver shares under such Options,  shall be subject to all  applicable  federal
and state laws, rules and regulations and to such approvals by any government or
regulatory agency as may be required. The Company shall not be required to issue
or deliver any  certificates  for shares of Stock prior to the completion of any
registration or  qualification of such shares under any federal or state law, or
any ruling or regulation of any government  body which the Company shall, in its
sole discretion, determine to be necessary or advisable.

         3. Modification of Options. At any time and from time to time the Board
of the  Company  may  authorize  the  modification  of any  outstanding  Option,
provided no such  modification,  extension or renewal shall confer on the holder
of said Option any right or benefit which could not be conferred by the grant of
a new Option at such time or impair the Option without the consent of the holder
of the Option.

         4. Amendment and Termination of the Plan. The Board of Directors of the
Company may amend,  suspend or  terminate  the Plan except that no action of the
Board may  increase  (other  than as  provided  in Section 1 hereof) the maximum
number of shares  permitted  to be optioned  under the Plan,  reduce the minimum
option  price  provided  for in Section  4(c) of Article II or extend the period
within which Options may be exercised,  unless such action of the Board shall be
subject to approval or ratification by the shareholders of the Company.

         5.  Effective Date of the Plan. The effective date of the Plan shall be
the date of its  adoption by the Board of  Directors  of the  Company,  but such
adoption  shall be subject to  approval  and  ratification  of a majority of the
shareholders  of the Company  entitled to vote within  twelve (12) months of the
date the Plan is adopted.

         6.  Interpretation  of Incentive Stock Options.  The terms of this Plan
which  relate to the grant of  Incentive  Stock  Options  to Key  Employees  are
intended to comply with rules and  regulations  regarding the  qualification  of
Incentive  Stock Options  under  Section 422 of the Code,  and the Plan shall be
interpreted   and  construed   accordingly.   Except  with  respect  to  certain
disqualifying  dispositions  of Stock acquired as a result of the exercise of an
Incentive Stock Option,  which are not prohibited by the Plan, if a provision of
the Plan conflicts  with any such rule or regulation,  then the provision of the
Plan shall be void and of no force and effect.

         7.  Options and Rights in  Substitution  for Stock  Options  Granted by
Other  Corporations.  Options may be granted under the Plan from time to time in
substitution  for stock options held by employees of corporations  who become or
are about to become key  employees of the Company or a Subsidiary  as the result
of a merger or consolidation of the employing  corporation with the Company or a
Subsidiary,  or the  acquisition by the Company or a Subsidiary of the assets of
the employing corporation,  or the acquisition by the Company or a Subsidiary of
stock  of the  employing  corporation  as the  result  of  which  it  becomes  a
Subsidiary.  The terms and conditions of the  Substitute  Options so granted may
vary from the terms and  conditions set forth in Section 4 of Article II of this
Plan to such  extent  as the  Board of  Directors  at the time of grant may deem
appropriate to conform, in whole or in part, to the provisions of the options in
substitution for which they are granted.

         8. Acceleration of  Exercisability on Change in Control.  Upon a Change
in Control of the Company,  all Options  theretofore  granted and not previously
exercisable  shall become fully  exercisable  to the same extent and in the same
manner as if they had become  exercisable by passage of time in accordance  with
the provisions of the Plan relating to periods of  exercisability to termination
of employment.

         A Change  in  Control  shall be  deemed to have  occurred  if:  (A) any
"person" (as such term is used in Section  13(d) and 14(d) of the Exchange  Act)
is or  becomes  the  "beneficial  owner" (as  defined  in Rule  13d-3  under the
Exchange Act), directly or indirectly, of securities of the Company representing
50% or more of the  combined  voting  power of the  Company's  then  outstanding
stock;  (B) during any period of two consecutive  years,  individuals who at the
beginning of such period constitute the Board cease for any reason to constitute
a majority thereof,  unless the election,  or the nomination for election by the
Company's shareholders,  of each new director was approved by a vote of at least
two-thirds  of the  directors  then  still in office who were  directors  at the
beginning  of the  period;  or (C) the  business  of the  Company  for which the
Optionee's  services  are  principally  performed  is disposed of by the Company
pursuant to a partial or complete  liquidation of the Company,  a sale of assets
of the Company, or otherwise.

         A Change in Control  shall  also be deemed to occur if (A) the  Company
enters  into an  agreement,  the  consummation  of  which  would  result  in the
occurrence of a Change of Control of the Company,  (B) any person (including the
Company)  publicly  announces an intention to take or to consider taking actions
which if consummated would constitute a Change in Control of the Company, or (C)
the Board adopts a resolution  to the effect that a potential  Change in Control
of the Company for purposes of this Plan has occurred.

         9. Successors and Assigns.  This Plan shall be binding upon the legally
constituted  successors of the Company.  Upon the  dissolution  or merger of the
Company  into a  successor  corporation,  or any  transaction  resulting  in the
transfer or exchange of shares involving the Company, this Plan shall be binding
upon and, if required,  shall be adopted by the  shareholders of said success or
entity.   The   obligations   created  under  this  Plan   regarding   adoption,
implementation and exercise under this Plan shall be binding upon said successor
entity.

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