Document:

Exhibit 4.5 Jacobson Resonance Enterprises Inc

EX-4.5

As Amended by the Board of Directors on June 1, 2000.

                      JACOBSON RESONANCE ENTERPRISES, INC.
                             1998 STOCK OPTION PLAN

1.   Grant of Options; Generally. In accordance with the provisions
hereinafter set forth in this stock option plan, the name of which is the
JACOBSON RESONANCE ENTERPRISES, INC. 1998 STOCK OPTION PLAN (the "Plan"), the
Board of Directors (the "Board") or, the Compensation Committee (the "Stock
Option Committee") of Jacobson Resonance Enterprises, Inc. (the "Corporation")
is hereby authorized to issue from time to time on the Corporation's behalf to
any one or more Eligible Persons, as hereinafter defined, options to acquire
shares of the Corporation's common stock, par value $.001 per share (the
"Stock").

2.   Type of Options. The Board or the Stock Option Committee is authorized
to issue Incentive Stock Options ("ISO's") which meet the requirements of
Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), which
options are hereinafter referred to collectively as ISO's, or singularly as an
ISO. The Board or the Stock Option Committee is also, in its discretion,
authorized to issue options which are not ISO's, which options are hereinafter
referred to collectively as Non Statutory Options ("NSO's"), or singularly as an
NSO. The Board or the Stock Option Committee is also authorized to issue "Reload
Options" in accordance with Paragraph 8 herein, which options are hereinafter
referred to collectively as Reload Options, or singularly as a Reload Option.
Except where the context indicates to the contrary, the term "Option" or
"Options" means ISO's, NSO's and Reload Options.

3.   Amount of Stock. The aggregate number of shares of Stock which may be
purchased pursuant to the exercise of Options shall be 10,000,000 shares. Of
this amount, the Board or the Stock Option Committee shall have the power and
authority to designate whether any Options so issued shall be ISO's or NSO's,
subject to the restrictions on ISO's contained elsewhere herein. If an Option
ceases to be exercisable, in whole or in part, the shares of Stock underlying
such Option shall continue to be available under this Plan. Further, if shares
of Stock are delivered to the Corporation as payment for shares of Stock
purchased by the exercise of an Option granted under this Plan, such shares of
Stock shall also be available under this Plan. If there is any change in the
number of shares of Stock due to the declaration of stock dividends,
recapitalization resulting in stock split-ups, or combinations or exchanges of
shares of Stock, or otherwise, the number of shares of Stock available for
purchase upon the exercise of Options, the shares of Stock subject to any Option
and the exercise price of any outstanding Option shall be appropriately adjusted
by the Board or the Stock Option Committee. The Board or the Stock Option
Committee shall give notice of any adjustments to each Eligible Person granted
an Option under this Plan, and such adjustments shall be effective and binding
on all Eligible Persons. If because of one or more recapitalizations,
reorganizations or other corporate events, the holders of outstanding Options
receive what the holder would have owned if he holder had exercised the Option
immediately before the first such corporate event and not disposed of anything
the holder received as a result of the corporate event.

4.   Eligible Persons.

     (a)    With respect to ISO's, an Eligible Person means any individual who
has been employed by the Corporation or by any subsidiary of the Corporation (a
"Subsidiary"), for a continuous period of at least sixty (60) days.

     (b)    With respect to NSO's, an Eligible Person means (i) any individual
who has been employed by the Corporation or by any Subsidiary, for a continuous
period of at least sixty (60) days, (ii) any director of the Corporation or any
Subsidiary (iii) any consultant of the Corporation or any Subsidiary.

5.   Grant of Options. The Board or the Stock Option Committee has the right
to issue the Options established by this Plan to Eligible Persons. The Board or
the Stock Option Committee shall follow the procedures prescribed for it
elsewhere in this Plan. A grant of Options shall be set forth in a writing
signed on behalf of the Corporation or by a majority of the members of the Board
or the Stock Option Committee (the "Option Agreement"). The Option Agreement
shall identify whether the Option being granted is an ISO or an NSO and shall
set forth the terms which govern the Option. The terms shall be determined by
the Board or the Stock Option Committee, and may include, among other terms, the
number of shares of Stock that may be acquired pursuant to the exercise of the
Options, when the Options may be exercised. the period for which the Option is
granted and including the expiration date, the effect on the Options if the
Eligible Person terminates employment and whether the Eligible Person may
deliver shares of Stock to pay for the shares of Stock to be purchased by the
exercise of the Option. However, no term shall be set forth in the Option
Agreement which is inconsistent with any of the terms of this Plan. The terms of
an Option granted to an Eligible Person may differ from the terms of an Option
granted to another Eligible Person, and may differ from the terms of an earlier
Option granted to the same Eligible Person.

6.   Option Price. The option price per share shall be determined by the
Board or the Stock Option Committee at the time any Option is granted, and shall
be not less then (i) in the case of an ISO, the fair market value, (ii) in the
case of an ISO granted to a ten (10%) percent or greater stockholder, one
hundred ten (110%) percent of the fair market value, or (iii) in the case of an
NSO, not less than the par value of one share of Stock. Fair market value as
used herein shall be:

     (a)    If shares of Stock shall be traded on an exchange or
over-the-counter market, the mean between the high and low sales prices of Stock
on such exchange or over-the-counter market on which such shares shall be traded
on that date, or if such exchange or over-the-counter market is closed or if no
shares shall have traded on such date, on the last preceding date on which such
shares shall have traded.

     (b)    If shares of Stock shall not be traded on an exchange or
over-the-counter market, the value as determined by a recognized appraiser as
selected by the Board or the Stock Option Committee.

7.   Purchase of Shares. An Option shall be exercised by the tender to the
Corporation of the full purchase price of the Stock With respect to which the
Option is exercised and written notice of the exercise. The purchase price of
the Stock shall be in United States dollars, payable in cash, check, Promissory
Note secured by the Shares issued through exercise of the related Options, or in
property or Corporation stock, if so permitted by the Board or the Stock Option
Committee in accordance with the discretion granted in Paragraph 5 hereof,
having a value equal to such purchase price. The Corporation shall not be
required to issue or deliver any certificates for shares of Stock purchased upon
the exercise of an Option prior to (i) if requested by the Corporation, the
filing with the Corporation by the Eligible Person of a representation in
writing that it is the Eligible Person's then present intention to acquire the
Stock being purchased for investment and not for resale, and/or (ii) the
completion of any registration or other qualification of such shares under any
government regulatory body, which the Corporation shall determine to be
necessary or advisable. A cashless exercise of the Options may be used by
reducing the number of shares to be received by the Option holder to cover and
account for the exercise amount (value/price) listed in the Option Agreement.

8.   Grant of Reload Options. In granting an Option under this Plan, the
Board or the Stock Option Committee may include a Reload Option provision
therein, subject to the provisions set forth in Paragraphs 20 and 21 herein. A
Reload Option provision provides that if the Eligible Person pays the exercise
price of shares of Stock to be purchased by the exercise of an ISO, NSO or
another Reload Option (the "Original Option") by delivering to the Corporation
shares of Stock already owned by the Eligible Person (the "Tendered Shares"),
the Eligible Person shall receive a Reload Option which shall be a new Option to
purchase shares of Stock equal in number to the tendered shares. The terms of
any Reload Option shall be determined by the Board or the Stock Option Committee
consistent with the provisions of this Plan.

9.   Stock Option Committee. The Stock Option Committee may be appointed from
time to time by the Board. The Board may from time to time remove members from
or add members to the Stock Option Committee. The Stock Option Committee shall
be constituted so as to permit the Plan to comply in all respects with the
provisions set forth in Paragraph 20 herein. The members of the Stock Option
Committee shall hold its meetings at such times and places as its chairman shall
determine. A majority of the Stock Option Committee's members present in person
shall constitute a quorum for the transaction of business. All determinations of
the Stock Option Committee will be made by the majority vote of the members
constituting the quorum. The members may participate in a meeting of the Stock
Option Committee by conference telephone or similar communications equipment by
means of which all members participating in the meeting can hear each other.
Participation in a meeting in that manner will constitute presence in person at
the meeting. Any decision or determination reduced to writing and signed by all
members of the Stock Option Committee will be effective as if it had been made
by a majority vote or all members of the Stock Option Committee at a meeting
which is duly called and held.

10.  Administration of Plan. In addition to granting Options and to
exercising the authority granted to it elsewhere in this Plan, the Board or the
Stock Option Committee is granted the full right and authority to interpret and
construe the provisions of this Plan, promulgate, amend and rescind rules and
procedures relating to the implementation of the Plan and to make all other
determinations necessary or advisable for the administration of the Plan,
consistent, however, with the intent of the Corporation that Options granted or
awarded pursuant to the Plan comply with the provisions of Paragraphs 20 and 21
herein. All determinations made by the Board or the Stock Option Committee shall
be final binding and conclusive on all persons including the Eligible Person(s),
the Corporation and its stockholders, employees, officers and directors and
consultants. No member of the Board or the Stock Option Committee will be liable
for any act or omission in connection with the administration of this Plan
unless it is attributable to that member's willful misconduct.

11.  Provisions Applicable to ISO's. The following provisions shall apply to
all ISO's granted by the Board or the Stock Option Committee and are
incorporated by reference into any writing granting an ISO:

     (a)    An ISO may only be granted within ten (10) years from the date that
this Plan is originally adopted by the Board.

     (b)    An ISO may not be exercised after the expiration of ten (10) years
from the date the ISO is granted.

     (c)    The option price may not be less than the fair market value of the
Stock at the time the ISO is granted.

     (d)    An ISO is not transferrable by the Eligible Person to whom it is
granted except by will, or the laws of descent and distribution, and is
exercisable during his or her lifetime only by the Eligible Person.

     (e)    If the Eligible Person receiving the ISO owns at the time of the
grant stock possessing more than ten (10%) percent of the total combined voting
power of all classes of stock of the employer corporation or of its parent or
subsidiary corporation (as those terms are defined in the Code), then the option
price shall be at least one hundred ten (110%) of the fair market value of the
Stock, and the ISO shall not be exercisable after the expiration of five (5)
years from the date the ISO is granted.

     (f)    The aggregate fair market value (determined at the time the ISO is
granted) of the Stock with respect to which the ISO is first exercisable by the
Eligible Person during any calendar year (under this Plan and any other
incentive stock option plan of the Corporation) shall not exceed $100,000.

     (g)    Even if the shares of Stock which are issued upon exercise of an ISO
are sold within one year following the exercise of such ISO so that the sale
constitutes a disqualifying disposition for ISO treatment under the Code, no
provision of this Plan shall be construed as prohibiting such a sale.

     (h)    This Plan shall be adopted by holders of 50% or more of the
outstanding  capital stock of the Company within twelve months from the date set
forth in Section 27 hereof.

12.  Determination of Fair Market Value. In granting ISO's under this Plan,
the Board or the Stock Option Committee shall make a good faith determination as
to the fair market value of the Stock at the time of granting the ISO.

13.  Restrictions on Issuance of Stock. The Corporation shall not be
obligated to sell or issue any shares of Stock pursuant to the exercise of an
Option unless the Stock with respect to which the Option is being exercised is
at that time effectively registered or exempt from registration under the
Securities Act of 1933, as amended, and any other applicable laws, rules and
regulations. The Corporation may condition the exercise of an Option granted in
accordance herewith upon receipt from the Eligible Person, or any other
purchaser thereof of a written representation that at the time of such exercise
it is his or her then present intention to acquire the shares of Stock for
investment and not with a view to, or for sale in connection with, any
distribution thereof, except that, in the case of a legal representative of an
Eligible Person, "distribution" shall be defined to exclude distribution by will
or under the laws of descent and distribution. Prior to issuing any shares of
Stock pursuant to the exercise of an Option, the Corporation shall take such
steps as it deems necessary to satisfy any withholding tax obligations imposed
upon it by any level of government.

14.  Exercise in the Event of Death or Termination of Employment.

     (a)    If an optionee shall die (i) while an employee of the Corporation or
a Subsidiary or (ii) within three months after termination of his employment
with the Corporation or a Subsidiary because of his disability, or retirement or
otherwise, his Options may be exercised, to the extent that the optionee shall
have been entitled to do so on the date of his death or such termination of
employment, by the person or persons to whom the optionee's right under the
Option pass by will or applicable law, or if no such person has such right, by
his executors or administrators, at any time, or from time to time. In the event
of termination of employment because of his death while an employee or because
of disability, his Options may be exercised not later than the expiration date
specified in Paragraph 5 or one year after the optionee's death, whichever date
is earlier, or in the event of termination of employment because of retirement
or otherwise, not later than the expiration date specified in Paragraph 5 hereof
or one year after the optionee's death, whichever date is earlier.

     (b)    If an optionee's employment by the Corporation or a Subsidiary shall
terminate because of his disability and such optionee has not died within the
following three months, he may exercise his Options, to the extent that he shall
have been entitled to do so at the date of the termination of his employment, at
any time, or from time to time, but not later than the expiration date specified
in Paragraph 5 hereof or one year after termination of employment, whichever
date is earlier.

     (c)    If an optionee's employment shall terminate by reason of his
retirement in accordance with the terms of the Corporation's tax-qualified
retirement plans if any, or with the consent of the Board or the Stock Option
Committee or involuntarily other than by termination for cause, and such
optionee has not died within the following three months, he may exercise his
Option to the extent he shall have been entitled to do so at the date of the
termination of his employment, at any time and from to time, but not later than
the expiration date specified in Paragraph 5 hereof or thirty (30) days after
termination of employment, whichever date is earlier. For purposes of this
Paragraph 14, termination for cause shall mean; (i) termination of employment
for cause as defined in the optionee's Employment Agreement or (ii) in the
absence of an Employment Agreement for the optionee, termination of employment
by reason of the optionee's commission of a felony, fraud or willful misconduct
which has resulted, or is likely to result, in substantial and material damage
to the Corporation or a Subsidiary, all as the Board or the Stock Option
Committee in its sole discretion may determine.

     (d)    If an optionee's employment shall terminate for any reason other
than death, disability, retirement or otherwise, all right to exercise his
Option shall terminate at the date of such termination of employment absent
specific provisions in the optionee's Option Agreement.

15.  Corporate Events. In the event of the proposed dissolution or
liquidation of the Corporation, a proposed sale of all or substantially all of
the assets of the Corporation, a merger or tender for the Corporation's shares
of Common Stock the Board of Directors may declare that each Option granted
under this Plan shall terminate as of a date to be fixed by the Board; provided
that not less than thirty (30) days written notice of the date so fixed shall be
given to each Eligible Person holding an Option, and each such Eligible Person
shall have the right, during the period of thirty (30) days preceding such
termination, to exercise his Option as to all or any part of the shares of Stock
covered thereby, including shares of Stock as to which such Option would not
otherwise be exercisable. Nothing set forth herein shall extend the term set for
purchasing the shares of Stock set forth in the Option.

16.  No Guarantee of Employment. Nothing in this Plan or in any writing
granting an Option will confer upon any Eligible Person the right to continue in
the employ of the Eligible Person's employer, or will interfere with or restrict
in any way the right of the Eligible Person's employer to discharge such
Eligible Person at any time for any reason whatsoever, with or without cause.

17.  Non-transferability. Unless specifically authorized under the terms of
the Option grant, no Option granted 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 him unless the terms of the
Option permits the assignment of the Option.

18.  No Rights as Stockholder. No optionee shall have any rights as a
stockholder with respect to any shares subject to his Option prior to the date
of issuance to him of a certificate or certificates for such shares.

19.  Amendment and Discontinuance of Plan. The Board may amend, suspend or
discontinue this Plan at any time. However, no such action may prejudice the
rights of any Eligible Person who has prior thereto been granted Options under
this Plan. Further, no amendment to this Plan which has the effect of (a)
increasing the aggregate number of shares of Stock subject to this Plan (except
for adjustments pursuant to Paragraph 3 herein), or (b) changing the definition
of Eligible Person under this Plan, may be effective unless and until approval
of the stockholders of the Corporation is obtained in the same manner as
approval of this Plan is required. The Board is authorized to seek the approval
of the Corporation's stockholders for any other changes it proposes to make to
this Plan which require such approval; however, the Board may modify the Plan,
as necessary, to effectuate the intent of the Plan as a result of any changes in
the tax, accounting or securities laws treatment of Eligible Persons and the
Plan, subject to the provisions set forth in this Paragraph 19, and Paragraphs
20 and 21.

20.  Compliance with Rule 16b-3. This Plan is intended to comply in all
respects with Rule 16b-3 ("Rule 16b-3") promulgated by the Securities and
Exchange Commission under the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), with respect to participants who are subject to Section 16 of
the Exchange Act, and any provision(s) herein that is/are contrary to Rule 16b-3
shall be deemed null and void to the extent appropriate by either the Stock
Option Committee or the Board.

21.  Compliance with Code. The provisions of this Plan relating to ISO's are
intended to comply in every respect with Section 422 of the Code and the
regulations promulgated thereunder. In the event any future statute or
regulation shall modify the existing statute, the provisions of this Plan
relating to ISO's shall be deemed to incorporate by reference such modification.
Any stock option agreement relating to any Option granted pursuant to this Plan
outstanding and unexercised at the time any modified statute or regulation
becomes effective shall also be deemed to incorporate by reference such
modification and no notice of such modification need be given to optionee.

     If any provision of this Plan relating to ISO's is determined to disqualify
the shares purchasable pursuant to the Options granted under this Plan from the
favorable tax treatment provided by Code Section 422, such provision shall be
deemed null and void and to incorporate by reference the modification required
to qualify the shares for said favorable tax treatment.

22.  Compliance With Other Laws and Regulations. The Plan, the grant and
exercise of Options thereunder, and the obligation of the Corporation to sell
and deliver Stock 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 Corporation shall not be required
to issue or deliver any certificates for shares of Stock prior to (a) the
listing of such shares on any stock exchange or over-the-counter market on which
the Stock may then be listed and (b) 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 Corporation shall in its sole
discretion, determine to be necessary or advisable. Moreover, no Option may be
exercised if its exercise or the receipt of Stock pursuant thereto would be
contrary to applicable laws.

23.  Disposition of Shares. In the event any share of Stock acquired by an
exercise of an Option granted under the Plan shall be proposed to be transferred
other than by will or by the laws of descent and distribution within two years
of the date such Option was granted or within one year after the transfer of
such Stock pursuant to such exercise, the optionee shall give prompt written
notice thereof to the Corporation or the Stock Option Committee.

24.  Name. The Plan shall be known as the "Jacobson Resonance Enterprises,
Inc. 1998 Stock Option Plan."

25.  Notices. Any notice hereunder shall be in writing and sent by certified
mail return receipt requested or by facsimile transmission (with electronic or
written confirmation of receipt) and when addressed to the Corporation shall be
sent to it at its office, 9960 Central Park Boulevard, Boca Raton, Florida
33428, and when addressed to the Committee shall be sent to it at the same
address, subject to the right of either party to designate at any time hereafter
in writing some other address, facsimile number or person to whose attention
such notice shall be sent.

26.  Headings. The headings preceding the text of Sections and subparagraphs
hereof are inserted solely for convenience of reference, and shall not
constitute a part of this Plan nor shall they affect its meaning, construction
or effect.

27.  Effective Date. This Plan, the Jacobson Resonance Enterprises, Inc.
1998 Stock Option Plan was adopted by the Board of Directors of the Corporation
on August 31, 1998. The effective date of the Plan shall be the same date. This
Plan was amended by the Board of Directors of the Corporation on June, 2000,
and that date shall be the effective date of this Plan as so amended.

                                            JACOBSON RESONANCE ENTERPRISES, INC.

                                            By: /s/ Dr. Jerry I. Jacobson

                                            Name:   Jerry I. Jacobson

                                            Its:    PresidentExhibit 4.6 Jacobson Resonance Enterprises Inc

EX-4.6

As Adopted by the Board of Directors on April 1, 2001.

                      JACOBSON RESONANCE ENTERPRISES, INC.
                             2001 STOCK OPTION PLAN

1.   Grant of Options; Generally. In accordance with the provisions
hereinafter set forth in this stock option plan, the name of which is the
JACOBSON RESONANCE ENTERPRISES, INC. 2001 STOCK OPTION PLAN (the "Plan"), the
Board of Directors (the "Board") or, the Compensation Committee (the "Stock
Option Committee") of Jacobson Resonance Enterprises, Inc. (the "Corporation")
is hereby authorized to issue from time to time on the Corporation's behalf to
any one or more Eligible Persons, as hereinafter defined, options to acquire
shares of the Corporation's common stock, par value $.001 per share (the
"Stock").

2.   Type of Options. The Board or the Stock Option Committee is authorized
to issue Incentive Stock Options ("ISO's") which meet the requirements of
Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), which
options are hereinafter referred to collectively as ISO's, or singularly as an
ISO. The Board or the Stock Option Committee is also, in its discretion,
authorized to issue options which are not ISO's, which options are hereinafter
referred to collectively as Non Statutory Options ("NSO's"), or singularly as an
NSO. The Board or the Stock Option Committee is also authorized to issue "Reload
Options" in accordance with Paragraph 8 herein, which options are hereinafter
referred to collectively as Reload Options, or singularly as a Reload Option.
Except where the context indicates to the contrary, the term "Option" or
"Options" means ISO's, NSO's and Reload Options.

3.   Amount of Stock. The aggregate number of shares of Stock which may be
purchased pursuant to the exercise of Options shall be 25,000,000 shares. Of
this amount, the Board or the Stock Option Committee shall have the power and
authority to designate whether any Options so issued shall be ISO's or NSO's,
subject to the restrictions on ISO's contained elsewhere herein. If an Option
ceases to be exercisable, in whole or in part, the shares of Stock underlying
such Option shall continue to be available under this Plan. Further, if shares
of Stock are delivered to the Corporation as payment for shares of Stock
purchased by the exercise of an Option granted under this Plan, such shares of
Stock shall also be available under this Plan. If there is any change in the
number of shares of Stock due to the declaration of stock dividends,
recapitalization resulting in stock split-ups, or combinations or exchanges of
shares of Stock, or otherwise, the number of shares of Stock available for
purchase upon the exercise of Options, the shares of Stock subject to any Option
and the exercise price of any outstanding Option shall be appropriately adjusted
by the Board or the Stock Option Committee. The Board or the Stock Option
Committee shall give notice of any adjustments to each Eligible Person granted
an Option under this Plan, and such adjustments shall be effective and binding
on all Eligible Persons. If because of one or more recapitalizations,
reorganizations or other corporate events, the holders of outstanding Options
receive what the holder would have owned if he holder had exercised the Option
immediately before the first such corporate event and not disposed of anything
the holder received as a result of the corporate event.

4.   Eligible Persons.

     (a)    With respect to ISO's, an Eligible Person means any individual who
has been employed by the Corporation or by any subsidiary of the Corporation (a
"Subsidiary"), for a continuous period of at least sixty (60) days.

     (b)    With respect to NSO's, an Eligible Person means (i) any individual
who has been employed by the Corporation or by any Subsidiary, for a continuous
period of at least sixty (60) days, (ii) any director of the Corporation or any
Subsidiary (iii) any consultant of the Corporation or any Subsidiary.

5.   Grant of Options. The Board or the Stock Option Committee has the right
to issue the Options established by this Plan to Eligible Persons. The Board or
the Stock Option Committee shall follow the procedures prescribed for it
elsewhere in this Plan. A grant of Options shall be set forth in a writing
signed on behalf of the Corporation or by a majority of the members of the Board
or the Stock Option Committee (the "Option Agreement"). The Option Agreement
shall identify whether the Option being granted is an ISO or an NSO and shall
set forth the terms which govern the Option. The terms shall be determined by
the Board or the Stock Option Committee, and may include, among other terms, the
number of shares of Stock that may be acquired pursuant to the exercise of the
Options, when the Options may be exercised. the period for which the Option is
granted and including the expiration date, the effect on the Options if the
Eligible Person terminates employment and whether the Eligible Person may
deliver shares of Stock to pay for the shares of Stock to be purchased by the
exercise of the Option. However, no term shall be set forth in the Option
Agreement which is inconsistent with any of the terms of this Plan. The terms of
an Option granted to an Eligible Person may differ from the terms of an Option
granted to another Eligible Person, and may differ from the terms of an earlier
Option granted to the same Eligible Person.

6.   Option Price. The option price per share shall be determined by the
Board or the Stock Option Committee at the time any Option is granted, and shall
be not less then (i) in the case of an ISO, the fair market value, (ii) in the
case of an ISO granted to a ten (10%) percent or greater stockholder, one
hundred ten (110%) percent of the fair market value, or (iii) in the case of an
NSO, not less than the par value of one share of Stock. Fair market value as
used herein shall be:

     (a)    If shares of Stock shall be traded on an exchange or
over-the-counter market, the mean between the high and low sales prices of Stock
on such exchange or over-the-counter market on which such shares shall be traded
on that date, or if such exchange or over-the-counter market is closed or if no
shares shall have traded on such date, on the last preceding date on which such
shares shall have traded.

     (b)    If shares of Stock shall not be traded on an exchange or
over-the-counter market, the value as determined by a recognized appraiser as
selected by the Board or the Stock Option Committee.

7.   Purchase of Shares. An Option shall be exercised by the tender to the
Corporation of the full purchase price of the Stock With respect to which the
Option is exercised and written notice of the exercise. The purchase price of
the Stock shall be in United States dollars, payable in cash, check, Promissory
Note secured by the Shares issued through exercise of the related Options, or in
property or Corporation stock, if so permitted by the Board or the Stock Option
Committee in accordance with the discretion granted in Paragraph 5 hereof,
having a value equal to such purchase price. The Corporation shall not be
required to issue or deliver any certificates for shares of Stock purchased upon
the exercise of an Option prior to (i) if requested by the Corporation, the
filing with the Corporation by the Eligible Person of a representation in
writing that it is the Eligible Person's then present intention to acquire the
Stock being purchased for investment and not for resale, and/or (ii) the
completion of any registration or other qualification of such shares under any
government regulatory body, which the Corporation shall determine to be
necessary or advisable. A cashless exercise of the Options may be used by
reducing the number of shares to be received by the Option holder to cover and
account for the exercise amount (value/price) listed in the Option Agreement.

8.   Grant of Reload Options. In granting an Option under this Plan, the
Board or the Stock Option Committee may include a Reload Option provision
therein, subject to the provisions set forth in Paragraphs 20 and 21 herein. A
Reload Option provision provides that if the Eligible Person pays the exercise
price of shares of Stock to be purchased by the exercise of an ISO, NSO or
another Reload Option (the "Original Option") by delivering to the Corporation
shares of Stock already owned by the Eligible Person (the "Tendered Shares"),
the Eligible Person shall receive a Reload Option which shall be a new Option to
purchase shares of Stock equal in number to the tendered shares. The terms of
any Reload Option shall be determined by the Board or the Stock Option Committee
consistent with the provisions of this Plan.

9.   Stock Option Committee. The Stock Option Committee may be appointed from
time to time by the Board. The Board may from time to time remove members from
or add members to the Stock Option Committee. The Stock Option Committee shall
be constituted so as to permit the Plan to comply in all respects with the
provisions set forth in Paragraph 20 herein. The members of the Stock Option
Committee shall hold its meetings at such times and places as its chairman shall
determine. A majority of the Stock Option Committee's members present in person
shall constitute a quorum for the transaction of business. All determinations of
the Stock Option Committee will be made by the majority vote of the members
constituting the quorum. The members may participate in a meeting of the Stock
Option Committee by conference telephone or similar communications equipment by
means of which all members participating in the meeting can hear each other.
Participation in a meeting in that manner will constitute presence in person at
the meeting. Any decision or determination reduced to writing and signed by all
members of the Stock Option Committee will be effective as if it had been made
by a majority vote or all members of the Stock Option Committee at a meeting
which is duly called and held.

10.  Administration of Plan. In addition to granting Options and to
exercising the authority granted to it elsewhere in this Plan, the Board or the
Stock Option Committee is granted the full right and authority to interpret and
construe the provisions of this Plan, promulgate, amend and rescind rules and
procedures relating to the implementation of the Plan and to make all other
determinations necessary or advisable for the administration of the Plan,
consistent, however, with the intent of the Corporation that Options granted or
awarded pursuant to the Plan comply with the provisions of Paragraphs 20 and 21
herein. All determinations made by the Board or the Stock Option Committee shall
be final binding and conclusive on all persons including the Eligible Person(s),
the Corporation and its stockholders, employees, officers and directors and
consultants. No member of the Board or the Stock Option Committee will be liable
for any act or omission in connection with the administration of this Plan
unless it is attributable to that member's willful misconduct.

11.  Provisions Applicable to ISO's. The following provisions shall apply to
all ISO's granted by the Board or the Stock Option Committee and are
incorporated by reference into any writing granting an ISO:

     (a)    An ISO may only be granted within ten (10) years from the date that
this Plan is originally adopted by the Board.

     (b)    An ISO may not be exercised after the expiration of ten (10) years
from the date the ISO is granted.

     (c)    The option price may not be less than the fair market value of the
Stock at the time the ISO is granted.

     (d)    An ISO is not transferrable by the Eligible Person to whom it is
granted except by will, or the laws of descent and distribution, and is
exercisable during his or her lifetime only by the Eligible Person.

     (e)    If the Eligible Person receiving the ISO owns at the time of the grant
stock possessing more than ten (10%) percent of the total combined voting power
of all classes of stock of the employer corporation or of its parent or
subsidiary corporation (as those terms are defined in the Code), then the option
price shall be at least one hundred ten (110%) of the fair market value of the
Stock, and the ISO shall not be exercisable after the expiration of five (5)
years from the date the ISO is granted.

     (f)    The aggregate fair market value (determined at the time the ISO is
granted) of the Stock with respect to which the ISO is first exercisable by the
Eligible Person during any calendar year (under this Plan and any other
incentive stock option plan of the Corporation) shall not exceed $100,000.

     (g)    Even if the shares of Stock which are issued upon exercise of an ISO
are sold within one year following the exercise of such ISO so that the sale
constitutes a disqualifying disposition for ISO treatment under the Code, no
provision of this Plan shall be construed as prohibiting such a sale.

     (h)    This Plan shall be adopted by holders of 50% or more of the
outstanding capital stock of the Company within twelve months from the date set
forth in Section 27 hereof.

12.  Determination of Fair Market Value. In granting ISO's under this Plan,
the Board or the Stock Option Committee shall make a good faith determination as
to the fair market value of the Stock at the time of granting the ISO.

13.  Restrictions on Issuance of Stock. The Corporation shall not be
obligated to sell or issue any shares of Stock pursuant to the exercise of an
Option unless the Stock with respect to which the Option is being exercised is
at that time effectively registered or exempt from registration under the
Securities Act of 1933, as amended, and any other applicable laws, rules and
regulations. The Corporation may condition the exercise of an Option granted in
accordance herewith upon receipt from the Eligible Person, or any other
purchaser thereof of a written representation that at the time of such exercise
it is his or her then present intention to acquire the shares of Stock for
investment and not with a view to, or for sale in connection with, any
distribution thereof, except that, in the case of a legal representative of an
Eligible Person, "distribution" shall be defined to exclude distribution by will
or under the laws of descent and distribution. Prior to issuing any shares of
Stock pursuant to the exercise of an Option, the Corporation shall take such
steps as it deems necessary to satisfy any withholding tax obligations imposed
upon it by any level of government.

14.  Exercise in the Event of Death or Termination of Employment.

     (a)    If an optionee shall die (i) while an employee of the Corporation or
a Subsidiary or (ii) within three months after termination of his employment
with the Corporation or a Subsidiary because of his disability, or retirement or
otherwise, his Options may be exercised, to the extent that the optionee shall
have been entitled to do so on the date of his death or such termination of
employment, by the person or persons to whom the optionee's right under the
Option pass by will or applicable law, or if no such person has such right, by
his executors or administrators, at any time, or from time to time. In the event
of termination of employment because of his death while an employee or because
of disability, his Options may be exercised not later than the expiration date
specified in Paragraph 5 or one year after the optionee's death, whichever date
is earlier, or in the event of termination of employment because of retirement
or otherwise, not later than the expiration date specified in Paragraph 5 hereof
or one year after the optionee's death, whichever date is earlier.

     (b)    If an optionee's employment by the Corporation or a Subsidiary shall
terminate because of his disability and such optionee has not died within the
following three months, he may exercise his Options, to the extent that he shall
have been entitled to do so at the date of the termination of his employment, at
any time, or from time to time, but not later than the expiration date specified
in Paragraph 5 hereof or one year after termination of employment, whichever
date is earlier.

     (c)    If an optionee's employment shall terminate by reason of his
retirement in accordance with the terms of the Corporation's tax-qualified
retirement plans if any, or with the consent of the Board or the Stock Option
Committee or involuntarily other than by termination for cause, and such
optionee has not died within the following three months, he may exercise his
Option to the extent he shall have been entitled to do so at the date of the
termination of his employment, at any time and from to time, but not later than
the expiration date specified in Paragraph 5 hereof or thirty (30) days after
termination of employment, whichever date is earlier. For purposes of this
Paragraph 14, termination for cause shall mean; (i) termination of employment
for cause as defined in the optionee's Employment Agreement or (ii) in the
absence of an Employment Agreement for the optionee, termination of employment
by reason of the optionee's commission of a felony, fraud or willful misconduct
which has resulted, or is likely to result, in substantial and material damage
to the Corporation or a Subsidiary, all as the Board or the Stock Option
Committee in its sole discretion may determine.

     (d)    If an optionee's employment shall terminate for any reason other
than death, disability, retirement or otherwise, all right to exercise his
Option shall terminate at the date of such termination of employment absent
specific provisions in the optionee's Option Agreement.

15.  Corporate Events. In the event of the proposed dissolution or
liquidation of the Corporation, a proposed sale of all or substantially all of
the assets of the Corporation, a merger or tender for the Corporation's shares
of Common Stock the Board of Directors may declare that each Option granted
under this Plan shall terminate as of a date to be fixed by the Board; provided
that not less than thirty (30) days written notice of the date so fixed shall be
given to each Eligible Person holding an Option, and each such Eligible Person
shall have the right, during the period of thirty (30) days preceding such
termination, to exercise his Option as to all or any part of the shares of Stock
covered thereby, including shares of Stock as to which such Option would not
otherwise be exercisable. Nothing set forth herein shall extend the term set for
purchasing the shares of Stock set forth in the Option.

16.  No Guarantee of Employment. Nothing in this Plan or in any writing
granting an Option will confer upon any Eligible Person the right to continue in
the employ of the Eligible Person's employer, or will interfere with or restrict
in any way the right of the Eligible Person's employer to discharge such
Eligible Person at any time for any reason whatsoever, with or without cause.

17.  Non-transferability. Unless specifically authorized under the terms of
the Option grant, no Option granted 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 him unless the terms of the
Option permits the assignment of the Option.

18.  No Rights as Stockholder. No optionee shall have any rights as a
stockholder with respect to any shares subject to his Option prior to the date
of issuance to him of a certificate or certificates for such shares.

19.  Amendment and Discontinuance of Plan. The Board may amend, suspend or
discontinue this Plan at any time. However, no such action may prejudice the
rights of any Eligible Person who has prior thereto been granted Options under
this Plan. Further, no amendment to this Plan which has the effect of (a)
increasing the aggregate number of shares of Stock subject to this Plan (except
for adjustments pursuant to Paragraph 3 herein), or (b) changing the definition
of Eligible Person under this Plan, may be effective unless and until approval
of the stockholders of the Corporation is obtained in the same manner as
approval of this Plan is required. The Board is authorized to seek the approval
of the Corporation's stockholders for any other changes it proposes to make to
this Plan which require such approval; however, the Board may modify the Plan,
as necessary, to effectuate the intent of the Plan as a result of any changes in
the tax, accounting or securities laws treatment of Eligible Persons and the
Plan, subject to the provisions set forth in this Paragraph 19, and Paragraphs
20 and 21.

20.  Compliance with Rule 16b-3. This Plan is intended to comply in all
respects with Rule 16b-3 ("Rule 16b-3") promulgated by the Securities and
Exchange Commission under the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), with respect to participants who are subject to Section 16 of
the Exchange Act, and any provision(s) herein that is/are contrary to Rule 16b-3
shall be deemed null and void to the extent appropriate by either the Stock
Option Committee or the Board.

21.  Compliance with Code. The provisions of this Plan relating to ISO's are
intended to comply in every respect with Section 422 of the Code and the
regulations promulgated thereunder. In the event any future statute or
regulation shall modify the existing statute, the provisions of this Plan
relating to ISO's shall be deemed to incorporate by reference such modification.
Any stock option agreement relating to any Option granted pursuant to this Plan
outstanding and unexercised at the time any modified statute or regulation
becomes effective shall also be deemed to incorporate by reference such
modification and no notice of such modification need be given to optionee.

     If any provision of this Plan relating to ISO's is determined to disqualify
the shares purchasable pursuant to the Options granted under this Plan from the
favorable tax treatment provided by Code Section 422, such provision shall be
deemed null and void and to incorporate by reference the modification required
to qualify the shares for said favorable tax treatment.

22.  Compliance With Other Laws and Regulations. The Plan, the grant and
exercise of Options thereunder, and the obligation of the Corporation to sell
and deliver Stock 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 Corporation shall not be required
to issue or deliver any certificates for shares of Stock prior to (a) the
listing of such shares on any stock exchange or over-the-counter market on which
the Stock may then be listed and (b) 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 Corporation shall in its sole
discretion, determine to be necessary or advisable. Moreover, no Option may be
exercised if its exercise or the receipt of Stock pursuant thereto would be
contrary to applicable laws.

23.  Disposition of Shares. In the event any share of Stock acquired by an
exercise of an Option granted under the Plan shall be proposed to be transferred
other than by will or by the laws of descent and distribution within two years
of the date such Option was granted or within one year after the transfer of
such Stock pursuant to such exercise, the optionee shall give prompt written
notice thereof to the Corporation or the Stock Option Committee.

24.  Name. The Plan shall be known as the "Jacobson Resonance Enterprises,
Inc. 2001 Stock Option Plan."

25.  Notices. Any notice hereunder shall be in writing and sent by certified
mail return receipt requested or by facsimile transmission (with electronic or
written confirmation of receipt) and when addressed to the Corporation shall be
sent to it at its office, 9960 Central Park Boulevard, Boca Raton, Florida
33428, and when addressed to the Committee shall be sent to it at the same
address, subject to the right of either party to designate at any time hereafter
in writing some other address, facsimile number or person to whose attention
such notice shall be sent.

26.  Headings. The headings preceding the text of Sections and subparagraphs
hereof are inserted solely for convenience of reference, and shall not
constitute a part of this Plan nor shall they affect its meaning, construction
or effect.

27.  Effective Date. This Plan, the Jacobson Resonance Enterprises, Inc.
1998 Stock Option Plan was adopted by the Board of Directors of the Corporation
on April 1, 2001. The effective date of the Plan shall be the same date, subject
to approval of the Plan by the stockholders of the Corporation.

                                            JACOBSON RESONANCE ENTERPRISES, INC.

                                            By: /s/ Dr. Jerry I. Jacobson

                                            Name:   Jerry I. Jacobson

                                            Its:    President

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